Strategic Bond Fund

Broadening bond exposure.

Fund objective

Seeks to provide current income, and as a secondary objective, capital appreciation.

Overview

Funds_Class Funds_Ticker Funds_CUSIP
A RFDAX 782494470
C RFCCX 782494462
E RFCEX 782493167
M RSYTX 78250H873
R6 RSBRX 78250F844
S RFCTX 782494454
Y RFCYX 782493159

Investment strategy

  • Offers more aggressive fixed income exposure than other Russell Investments fixed income mutual funds.
  • Broad market exposure with non-U.S. component.
  • Utilized a variety of total return strategies.

Fund highlights

  • Aims for higher returns from the bond market by investing in a broader universe of bonds.
  • Seeks returns by investing a small portion of assets in high-yield bonds with lower credit ratings.
  • Helps manage volatility by diversifying among managers and styles.

Funds_Growth_of_10000_Since_InceptionFunds_Notation_Growth10K_Heading - Funds_Series_S

As of 06/30/2019
1/29/1993 12:00:00 AM 10000
1/31/1993 12:00:00 AM 10000
2/28/1993 12:00:00 AM 10140
3/31/1993 12:00:00 AM 10170
4/30/1993 12:00:00 AM 10272.824
5/31/1993 12:00:00 AM 10313.03
6/30/1993 12:00:00 AM 10554.271
7/31/1993 12:00:00 AM 10642.49
8/31/1993 12:00:00 AM 10877.402
9/30/1993 12:00:00 AM 10948.896
10/31/1993 12:00:00 AM 11031.278
11/30/1993 12:00:00 AM 10938.144
12/31/1993 12:00:00 AM 11021.558
1/31/1994 12:00:00 AM 11190.471
2/28/1994 12:00:00 AM 10984.058
3/31/1994 12:00:00 AM 10677.771
4/30/1994 12:00:00 AM 10544.492
5/31/1994 12:00:00 AM 10533.776
6/30/1994 12:00:00 AM 10490.913
7/31/1994 12:00:00 AM 10663.383
8/31/1994 12:00:00 AM 10728.802
9/30/1994 12:00:00 AM 10619.77
10/31/1994 12:00:00 AM 10590.985
11/30/1994 12:00:00 AM 10568.782
12/31/1994 12:00:00 AM 10593.242
1/31/1995 12:00:00 AM 10740.213
2/28/1995 12:00:00 AM 10939.482
3/31/1995 12:00:00 AM 11007.358
4/30/1995 12:00:00 AM 11240.369
5/31/1995 12:00:00 AM 11632.341
6/30/1995 12:00:00 AM 11678.455
7/31/1995 12:00:00 AM 11709.236
8/31/1995 12:00:00 AM 11849.888
9/30/1995 12:00:00 AM 11967.097
10/31/1995 12:00:00 AM 12123.758
11/30/1995 12:00:00 AM 12302.224
12/31/1995 12:00:00 AM 12498.722
1/31/1996 12:00:00 AM 12631.688
2/29/1996 12:00:00 AM 12389.933
3/31/1996 12:00:00 AM 12317.406
4/30/1996 12:00:00 AM 12275.632
5/31/1996 12:00:00 AM 12263.344
6/30/1996 12:00:00 AM 12410.799
7/31/1996 12:00:00 AM 12443.343
8/31/1996 12:00:00 AM 12443.343
9/30/1996 12:00:00 AM 12680.478
10/31/1996 12:00:00 AM 12954.808
11/30/1996 12:00:00 AM 13208.327
12/31/1996 12:00:00 AM 13108.614
1/31/1997 12:00:00 AM 13160.172
2/28/1997 12:00:00 AM 13224.62
3/31/1997 12:00:00 AM 13069.946
4/30/1997 12:00:00 AM 13254.047
5/31/1997 12:00:00 AM 13398.113
6/30/1997 12:00:00 AM 13555.276
7/31/1997 12:00:00 AM 13907.909
8/31/1997 12:00:00 AM 13814.835
9/30/1997 12:00:00 AM 14014.279
10/31/1997 12:00:00 AM 14149.8
11/30/1997 12:00:00 AM 14217.244
12/31/1997 12:00:00 AM 14372.13
1/31/1998 12:00:00 AM 14551.437
2/28/1998 12:00:00 AM 14553.029
3/31/1998 12:00:00 AM 14622.329
4/30/1998 12:00:00 AM 14671.255
5/31/1998 12:00:00 AM 14783.678
6/30/1998 12:00:00 AM 14896.102
7/31/1998 12:00:00 AM 14952.936
8/31/1998 12:00:00 AM 14967.191
9/30/1998 12:00:00 AM 15238.026
10/31/1998 12:00:00 AM 15120.484
11/30/1998 12:00:00 AM 15308.585
12/31/1998 12:00:00 AM 15350.112
1/31/1999 12:00:00 AM 15470.27
2/28/1999 12:00:00 AM 15229.955
3/31/1999 12:00:00 AM 15410.191
4/30/1999 12:00:00 AM 15527.233
5/31/1999 12:00:00 AM 15359.618
6/30/1999 12:00:00 AM 15298.668
7/31/1999 12:00:00 AM 15210.946
8/31/1999 12:00:00 AM 15195.488
9/30/1999 12:00:00 AM 15350.071
10/31/1999 12:00:00 AM 15369.74
11/30/1999 12:00:00 AM 15369.74
12/31/1999 12:00:00 AM 15306.263
1/31/2000 12:00:00 AM 15242.42
2/29/2000 12:00:00 AM 15417.987
3/31/2000 12:00:00 AM 15609.515
4/30/2000 12:00:00 AM 15573.483
5/31/2000 12:00:00 AM 15524.815
6/30/2000 12:00:00 AM 15865.485
7/31/2000 12:00:00 AM 15968.406
8/31/2000 12:00:00 AM 16198.878
9/30/2000 12:00:00 AM 16281.189
10/31/2000 12:00:00 AM 16340.04
11/30/2000 12:00:00 AM 16557.684
12/31/2000 12:00:00 AM 16884.597
1/31/2001 12:00:00 AM 17243.117
2/28/2001 12:00:00 AM 17413.841
3/31/2001 12:00:00 AM 17396.769
4/30/2001 12:00:00 AM 17293.064
5/31/2001 12:00:00 AM 17413.393
6/30/2001 12:00:00 AM 17413.393
7/31/2001 12:00:00 AM 17819.353
8/31/2001 12:00:00 AM 17994.74
9/30/2001 12:00:00 AM 18082.434
10/31/2001 12:00:00 AM 18424.254
11/30/2001 12:00:00 AM 18264.043
12/31/2001 12:00:00 AM 18171.32
1/31/2002 12:00:00 AM 18299.545
2/28/2002 12:00:00 AM 18446.088
3/31/2002 12:00:00 AM 18153.002
4/30/2002 12:00:00 AM 18458.652
5/31/2002 12:00:00 AM 18588.121
6/30/2002 12:00:00 AM 18606.617
7/31/2002 12:00:00 AM 18665.057
8/31/2002 12:00:00 AM 19021.117
9/30/2002 12:00:00 AM 19189.777
10/31/2002 12:00:00 AM 19130.868
11/30/2002 12:00:00 AM 19358.39
12/31/2002 12:00:00 AM 19746.733
1/31/2003 12:00:00 AM 19881.064
2/28/2003 12:00:00 AM 20111.347
3/31/2003 12:00:00 AM 20111.347
4/30/2003 12:00:00 AM 20420.5
5/31/2003 12:00:00 AM 20827.746
6/30/2003 12:00:00 AM 20808.353
7/31/2003 12:00:00 AM 20276.02
8/31/2003 12:00:00 AM 20529.714
9/30/2003 12:00:00 AM 21037.103
10/31/2003 12:00:00 AM 20904.111
11/30/2003 12:00:00 AM 20982.625
12/31/2003 12:00:00 AM 21207.26
1/31/2004 12:00:00 AM 21390.432
2/29/2004 12:00:00 AM 21573.604
3/31/2004 12:00:00 AM 21716.071
4/30/2004 12:00:00 AM 21252.738
5/31/2004 12:00:00 AM 21170.918
6/30/2004 12:00:00 AM 21293.648
7/31/2004 12:00:00 AM 21511.344
8/31/2004 12:00:00 AM 21902.46
9/30/2004 12:00:00 AM 21964.215
10/31/2004 12:00:00 AM 22155.138
11/30/2004 12:00:00 AM 22051.512
12/31/2004 12:00:00 AM 22232.252
1/31/2005 12:00:00 AM 22337.519
2/28/2005 12:00:00 AM 22274.359
3/31/2005 12:00:00 AM 22169.093
4/30/2005 12:00:00 AM 22425.631
5/31/2005 12:00:00 AM 22659.01
6/30/2005 12:00:00 AM 22807.524
7/31/2005 12:00:00 AM 22638.704
8/31/2005 12:00:00 AM 22916.873
9/30/2005 12:00:00 AM 22681.499
10/31/2005 12:00:00 AM 22520.492
11/30/2005 12:00:00 AM 22585.269
12/31/2005 12:00:00 AM 22799.31
1/31/2006 12:00:00 AM 22821.211
2/28/2006 12:00:00 AM 22886.915
3/31/2006 12:00:00 AM 22689.803
4/30/2006 12:00:00 AM 22683.682
5/31/2006 12:00:00 AM 22639.465
6/30/2006 12:00:00 AM 22661.573
7/31/2006 12:00:00 AM 22954.206
8/31/2006 12:00:00 AM 23289.467
9/30/2006 12:00:00 AM 23490.624
10/31/2006 12:00:00 AM 23634.443
11/30/2006 12:00:00 AM 23905.584
12/31/2006 12:00:00 AM 23739.972
1/31/2007 12:00:00 AM 23739.972
2/28/2007 12:00:00 AM 24106.259
3/31/2007 12:00:00 AM 24129.152
4/30/2007 12:00:00 AM 24277.956
5/31/2007 12:00:00 AM 24069.859
6/30/2007 12:00:00 AM 24023.616
7/31/2007 12:00:00 AM 24167.689
8/31/2007 12:00:00 AM 24378.25
9/30/2007 12:00:00 AM 24682.393
10/31/2007 12:00:00 AM 24878.935
11/30/2007 12:00:00 AM 25234.01
12/31/2007 12:00:00 AM 25260.299
1/31/2008 12:00:00 AM 25694.159
2/29/2008 12:00:00 AM 25573.643
3/31/2008 12:00:00 AM 25284.403
4/30/2008 12:00:00 AM 25376.257
5/31/2008 12:00:00 AM 25254.256
6/30/2008 12:00:00 AM 25034.654
7/31/2008 12:00:00 AM 24612.084
8/31/2008 12:00:00 AM 24661.506
9/30/2008 12:00:00 AM 23994.311
10/31/2008 12:00:00 AM 22879.505
11/30/2008 12:00:00 AM 22465.062
12/31/2008 12:00:00 AM 23138.142
1/31/2009 12:00:00 AM 23238.743
2/28/2009 12:00:00 AM 22764.845
3/31/2009 12:00:00 AM 23045.521
4/30/2009 12:00:00 AM 23582.133
5/31/2009 12:00:00 AM 24333.718
6/30/2009 12:00:00 AM 24757.951
7/31/2009 12:00:00 AM 25651.701
8/31/2009 12:00:00 AM 26312.688
9/30/2009 12:00:00 AM 26853.157
10/31/2009 12:00:00 AM 27253.773
11/30/2009 12:00:00 AM 27549.227
12/31/2009 12:00:00 AM 27451.163
1/31/2010 12:00:00 AM 28142.092
2/28/2010 12:00:00 AM 28319.478
3/31/2010 12:00:00 AM 28458.868
4/30/2010 12:00:00 AM 29093.159
5/31/2010 12:00:00 AM 28919.965
6/30/2010 12:00:00 AM 29389.22
7/31/2010 12:00:00 AM 29845.457
8/31/2010 12:00:00 AM 30352.819
9/30/2010 12:00:00 AM 30544.638
10/31/2010 12:00:00 AM 30832.5
11/30/2010 12:00:00 AM 30646.31
12/31/2010 12:00:00 AM 30409.977
1/31/2011 12:00:00 AM 30607.628
2/28/2011 12:00:00 AM 30805.131
3/31/2011 12:00:00 AM 30811.476
4/30/2011 12:00:00 AM 31228.935
5/31/2011 12:00:00 AM 31539.698
6/30/2011 12:00:00 AM 31314.135
7/31/2011 12:00:00 AM 31721.016
8/31/2011 12:00:00 AM 31754.56
9/30/2011 12:00:00 AM 31692.853
10/31/2011 12:00:00 AM 31805.226
11/30/2011 12:00:00 AM 31653.737
12/31/2011 12:00:00 AM 32021.505
1/31/2012 12:00:00 AM 32580.19
2/29/2012 12:00:00 AM 32775.624
3/31/2012 12:00:00 AM 32765.453
4/30/2012 12:00:00 AM 33114.252
5/31/2012 12:00:00 AM 33370.654
6/30/2012 12:00:00 AM 33403.694
7/31/2012 12:00:00 AM 33906.986
8/31/2012 12:00:00 AM 34106.414
9/30/2012 12:00:00 AM 34379.287
10/31/2012 12:00:00 AM 34539.205
11/30/2012 12:00:00 AM 34666.51
12/31/2012 12:00:00 AM 34716.557
1/31/2013 12:00:00 AM 34593.558
2/28/2013 12:00:00 AM 34773.698
3/31/2013 12:00:00 AM 34804.834
4/30/2013 12:00:00 AM 35221.233
5/31/2013 12:00:00 AM 34646.886
6/30/2013 12:00:00 AM 33918.102
7/31/2013 12:00:00 AM 33939.689
8/31/2013 12:00:00 AM 33766.296
9/30/2013 12:00:00 AM 34073.495
10/31/2013 12:00:00 AM 34433.386
11/30/2013 12:00:00 AM 34380.1
12/31/2013 12:00:00 AM 34146.498
1/31/2014 12:00:00 AM 34649.114
2/28/2014 12:00:00 AM 34880.234
3/31/2014 12:00:00 AM 34732.299
4/30/2014 12:00:00 AM 34998.202
5/31/2014 12:00:00 AM 35444.39
6/30/2014 12:00:00 AM 35462.33
7/31/2014 12:00:00 AM 35410.294
8/31/2014 12:00:00 AM 35801.766
9/30/2014 12:00:00 AM 35562.041
10/31/2014 12:00:00 AM 35875.149
11/30/2014 12:00:00 AM 36104.848
12/31/2014 12:00:00 AM 36139.457
1/31/2015 12:00:00 AM 36856.381
2/28/2015 12:00:00 AM 36537.464
3/31/2015 12:00:00 AM 36737.838
4/30/2015 12:00:00 AM 36595.823
5/31/2015 12:00:00 AM 36550.459
6/30/2015 12:00:00 AM 36112.054
7/31/2015 12:00:00 AM 36386.663
8/31/2015 12:00:00 AM 36313.325
9/30/2015 12:00:00 AM 36468.834
10/31/2015 12:00:00 AM 36529.067
11/30/2015 12:00:00 AM 36352.427
12/31/2015 12:00:00 AM 36135.722
1/31/2016 12:00:00 AM 36541.742
2/29/2016 12:00:00 AM 36776.241
3/31/2016 12:00:00 AM 37245.183
4/30/2016 12:00:00 AM 37532.391
5/31/2016 12:00:00 AM 37463.657
6/30/2016 12:00:00 AM 38282.718
7/31/2016 12:00:00 AM 38607.055
8/31/2016 12:00:00 AM 38541.297
9/30/2016 12:00:00 AM 38613.736
10/31/2016 12:00:00 AM 38370.888
11/30/2016 12:00:00 AM 37282.575
12/31/2016 12:00:00 AM 37302.561
1/31/2017 12:00:00 AM 37515.111
2/28/2017 12:00:00 AM 37691.725
3/31/2017 12:00:00 AM 37730.31
4/30/2017 12:00:00 AM 38067.621
5/31/2017 12:00:00 AM 38370.687
6/30/2017 12:00:00 AM 38406.215
7/31/2017 12:00:00 AM 38619.385
8/31/2017 12:00:00 AM 38903.613
9/30/2017 12:00:00 AM 38725.971
10/31/2017 12:00:00 AM 38673.289
11/30/2017 12:00:00 AM 38671.028
12/31/2017 12:00:00 AM 38823.858
1/31/2018 12:00:00 AM 38501.223
2/28/2018 12:00:00 AM 38071.23
3/31/2018 12:00:00 AM 38340.122
4/30/2018 12:00:00 AM 37996.587
5/31/2018 12:00:00 AM 38107.661
6/30/2018 12:00:00 AM 38098.232
7/31/2018 12:00:00 AM 38083.332
8/31/2018 12:00:00 AM 38222.47
9/30/2018 12:00:00 AM 37945.546
10/31/2018 12:00:00 AM 37620.276
11/30/2018 12:00:00 AM 37862.334
12/31/2018 12:00:00 AM 38530.052
1/31/2019 12:00:00 AM 39006.637
2/28/2019 12:00:00 AM 38979.683
3/31/2019 12:00:00 AM 39793.553
4/30/2019 12:00:00 AM 39843.341
5/31/2019 12:00:00 AM 40591.683
6/30/2019 12:00:00 AM 41079.971

Net Asset Values

CP_Distribution_Header

CP_Distribtuion_EX_date CP_Distribution_Dividend_Rate CP_Distribution_CaptalGainsShortTerm CP_Distribution_CaptalGainsLongTerm
08/02/2018 0.0284
09/05/2018 0.0237
10/02/2018 0.0206
11/02/2018 0.0263
12/04/2018 0.0209 0
12/19/2018 0.0318 0
02/04/2019 0.0126
03/04/2019 0.0115
04/02/2019 0.0135
05/02/2019 0.0229
06/04/2019 0.0222
07/02/2019 0.0186

Performance information is historical and does not guarantee future results. Investment return and principal value will fluctuate so that redeemed shares may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Current to the most recent month-end performance for Russell Investment Company mutual funds is available by visiting: https://russellinvestments.com/us/funds/performance-prices

Holdings, sector weights, and quality ratings (where applicable) are share class agnostic.

Funds_Top_10_HoldingsFunds_Notation_Holdings_Heading

As of 06/30/2019

Funds_Updated_Monthly

Funds_Company Funds_Weight
United States Treasury Bills 2.020% 19-Dec-2019 2.42%
United States Treasury Notes 1.750% 15-May-2023 2.36%
United States Treasury Notes 1.125% 30-Jun-2021 1.51%
United States Treasury Inflation Indexed Bonds 0.375% 15-Jul-2023 1.27%
United States Treasury Notes 1.375% 31-May-2021 1.09%
United States Treasury Inflation Indexed Bonds 0.1 1.06%
WI TREASURY SEC 02/29 2.625 2.625% 15-Feb-2029 0.97%
United States Inflation-Indexed Treasury Notes 0.89%
United States Treasury Notes 1.375% 31-May-2020 0.87%
US TREASURY N/B 05/29 2.375 2.375% 15-May-2029 0.81%

Funds_Sector_weightingsFunds_Notation_Sector_Weightings_Heading

As of 05/31/2019

Funds_Updated_Monthly

Funds_Sector Funds_Weighting
Developed Govt/Govt-Related 30.46%
Residential Mortgage Backed 24.46%
Investment Grade Credit 21.83%
Commercial Mortgage Backed 8.78%
Emerging Markets Debt 5.37%
Asset Backed 3.84%
High Yield 2.81%
Net Cash & Equivalents 2.35%
Uncategorized 0.11%

Regional_allocationsFunds_Notation_Regional_Allocations_Heading

As of 05/31/2019

Funds_Updated_Monthly

Funds_Region Funds_Allocation
North America 90.55%
Europe 4.37%
Asia 3.01%
Latin America 1.86%
Middle East 0.15%
Africa 0.06%

Quality_Ratings_Table_HeaderFunds_Notation_Quality_Ratings_Heading

As of 05/31/2019

Funds_Updated_Monthly

Funds_Quality_rating Funds_Percent_of_market_value
AAA 53.06%
AA 8.57%
A 11.63%
BBB 16.58%
BB 3.47%
B 1.47%
CCC & Below 1.69%
Unrated 3.53%

Country of risk✻✻

As of 03/31/2019

Updated quarterly

Country of risk % NAV Fund Benchmark Active
United States 87.03 91.76 -4.73
Canada 0.68 1.15 -0.47
United Kingdom 1.51 1.12 0.38
Germany 0.72 0.69 0.03
Japan 0.28 0.67 -0.39
Mexico 1.15 0.56 0.58
Netherlands 0.42 0.38 0.04
Australia 0.78 0.26 0.52
Switzerland 0.44 0.19 0.25
China 0.13 0.18 -0.05

Download the full list of Country and Currency data

Currency exposure§

As of 03/31/2019

Updated quarterly

Currency exposure (%) Fund Benchmark Active
U.S. Dollar 94.57 100.00 -5.43
Mexican Peso 0.83 0.00 0.83
New Zealand Dollar 0.79 0.00 0.79
Australian Dollar 0.70 0.00 0.70
Singapore Dollar 0.67 0.00 0.67
Colombian Peso 0.60 0.00 0.60
Malaysian Ringgit 0.47 0.00 0.47
Peruvian New Sol 0.42 0.00 0.42
Brazilian Real 0.39 0.00 0.39
Russian Rouble 0.18 0.00 0.18

Download the full list of Country and Currency data

†The top ten holdings list excludes shares of the investment vehicles in which the Fund invests its cash. The % of Portfolio value is subject to change.

✻Sector allocations and credit quality exposures may not equal 100 percent as a result of the fund's use of certain financial instruments such as futures, forwards, options, swaps and when issued transactions or forward commitments. Managers utilize these instruments as a substitute for holding securities directly, for hedging purposes, to take a net short position in certain markets or to adjust the interest rate sensitivity and duration of the portfolio. In the event short positions are created, they may be reflected as negative weightings in sector allocations and credit quality exposures.

ϴ Due to rounding totals may not equal 100%.

 

ƩThe sum of the debt instrument quality ratings is based upon the Barclays index methodology, which reflects the ratings of S&P and Moody's such that if both S&P and Moody's rate an instrument, the lower of the two ratings is used, and if only one rates the instrument, that rating is used. If the debt instrument has not been rated by any of these two ratings agencies, the security is classified as "Unrated."

**Country of Risk is determined by Russell Investments and is intended to represent the country specific risk of the issuers in which the Fund invests.This determination may be based upon several factors, including the country of an issuer's incorporation, where an issuer's revenues are generated and where an issuer's production and/or employees are located.

§ Currency exposure represents the percentage of the Fund's net asset value denominated in each respective currency. Positive values represent net long positions and negative values represent net short positions.

Fund objectives, risks, charges and expenses should be carefully considered before investing. A summary prospectus, if available, or a prospectus containing this and other important information can be obtained by calling 800-787-7354 or by visiting the prospectus and reports page to download one. Please read the prospectus carefully before investing.

Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.

Diversification and multi-asset solutions do not assure a profit and do not protect against loss in declining markets.

Not FDIC Insured. May Lose Value. No Bank Guarantee.

Securities products and services offered through Russell Investments Financial Services, LLC, member FINRA, part of Russell Investments.
For information on the Financial Industry Regulatory Authority, go to www.finra.org.

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