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Trending ETFs

Balanced Strategy Fund

mutual fund
RBLRX
Payout Change
Pending
Price as of:
$11.28 -0.04 -0.35%
primary theme
U.S. Balanced Allocation
share class
R4 (RBLUX) R1 (RBLRX) C (RBLCX) A (RBLAX) R5 (RBLVX) S (RBLSX)
RBLRX (Mutual Fund)

Balanced Strategy Fund

Payout Change
Pending
Price as of:
$11.28 -0.04 -0.35%
primary theme
U.S. Balanced Allocation
share class
R4 (RBLUX) R1 (RBLRX) C (RBLCX) A (RBLAX) R5 (RBLVX) S (RBLSX)
RBLRX (Mutual Fund)

Balanced Strategy Fund

Payout Change
Pending
Price as of:
$11.28 -0.04 -0.35%
primary theme
U.S. Balanced Allocation
share class
R4 (RBLUX) R1 (RBLRX) C (RBLCX) A (RBLAX) R5 (RBLVX) S (RBLSX)

Name

As of 10/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Balanced Strategy Fund

RBLRX | Fund

$11.28

$681 M

2.99%

$0.34

1.02%

Vitals

YTD Return

12.1%

1 yr return

24.7%

3 Yr Avg Return

3.9%

5 Yr Avg Return

6.1%

Net Assets

$681 M

Holdings in Top 10

94.1%

52 WEEK LOW AND HIGH

$11.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.02%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 59.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 10/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Balanced Strategy Fund

RBLRX | Fund

$11.28

$681 M

2.99%

$0.34

1.02%

RBLRX - Profile

Distributions

  • YTD Total Return 12.1%
  • 3 Yr Annualized Total Return 3.9%
  • 5 Yr Annualized Total Return 6.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.49%
DIVIDENDS
  • Dividend Yield 3.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Balanced Strategy Fund
  • Fund Family Name
    Russell Investment Company
  • Inception Date
    Mar 01, 2006
  • Shares Outstanding
    N/A
  • Share Class
    R1
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Venkat Kopanathi

Fund Description

The Fund is a “fund of funds,” which seeks to achieve its objective by investing in a combination of several other Russell Investment Company (“RIC”) funds (the “Underlying Funds”). Russell Investment Management, LLC (“RIM”), the Fund’s investment adviser, intends the Fund’s strategy of investing in a combination of Underlying Funds to result in investment diversification that an investor could otherwise achieve only by holding numerous individual investments. You may invest directly in the Underlying Funds in which the Fund invests. The Fund’s approximate target strategic asset allocation as of March 1, 2024 is 56% to equity, 31.5% to fixed income, 8% to multi-asset and 4.5% to alternative asset classes. As a result of its investments in the Underlying Funds, the Fund indirectly invests principally in U.S. and non-U.S. equity and fixed income securities and derivatives. Alternative Underlying Funds pursue investment strategies that differ from those of traditional broad market equity or fixed income funds. The Multifactor U.S. Equity, Multifactor International Equity and Long Duration Bond Underlying Funds are managed directly by RIM, the Fund's investment adviser. For all other Underlying Funds, RIM employs a multi-manager approach whereby most assets of the Underlying Funds are allocated to the strategies of different unaffiliated money managers. RIM considers this Fund to be a “balanced” fund due to its investment objective and asset allocation to equity and fixed income Underlying Funds.
RIM may modify the target strategic asset allocation for any Fund, including changes to the Underlying Funds in which a Fund invests, from time to time. RIM’s allocation decisions are generally based on RIM’s outlook on the business and economic cycle, relative market valuations and market sentiment. RIM may change the Fund’s target strategic asset allocation by up to +/- 5% at the equity, fixed income, multi-asset or alternative asset class level based on RIM’s capital markets research. A Fund’s actual allocation may vary from the target strategic asset allocation at any point in time due to market movements, and/or due to the implementation over a period of time of a change to the target strategic asset allocation including the addition of a new Underlying Fund. The Fund’s target strategic asset allocation and the Underlying Funds in which the Fund may invest may be changed from time to time without shareholder notice or approval.
Please refer to the “Investment Objective and Investment Strategies” section in the Fund’s Prospectus for further information.
Read More

RBLRX - Performance

Return Ranking - Trailing

Period RBLRX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.1% 0.8% 44.3% 44.83%
1 Yr 24.7% 1.8% 60.7% 42.96%
3 Yr 3.9%* -4.0% 15.6% 54.79%
5 Yr 6.1%* -2.8% 17.8% 84.42%
10 Yr 5.2%* 1.1% 11.1% 80.43%

* Annualized

Return Ranking - Calendar

Period RBLRX Return Category Return Low Category Return High Rank in Category (%)
2023 12.4% -12.2% 23.9% 28.24%
2022 -19.5% -34.7% 2.8% 62.81%
2021 -1.7% -11.9% 18.1% 90.15%
2020 2.6% -20.9% 39.7% 84.15%
2019 10.2% 0.8% 25.7% 84.50%

Total Return Ranking - Trailing

Period RBLRX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.1% 0.8% 44.3% 44.83%
1 Yr 24.7% 1.8% 60.7% 42.96%
3 Yr 3.9%* -4.0% 15.6% 54.79%
5 Yr 6.1%* -2.8% 17.8% 84.42%
10 Yr 5.2%* 1.1% 11.1% 80.43%

* Annualized

Total Return Ranking - Calendar

Period RBLRX Return Category Return Low Category Return High Rank in Category (%)
2023 14.5% -12.2% 26.8% 37.90%
2022 -15.8% -29.0% 10.9% 64.13%
2021 13.6% -3.0% 27.3% 45.45%
2020 4.6% -19.5% 40.6% 91.60%
2019 14.1% 2.2% 32.7% 94.78%

NAV & Total Return History

RBLRX - Holdings

Concentration Analysis

RBLRX Category Low Category High RBLRX % Rank
Net Assets 681 M 789 K 230 B 60.94%
Number of Holdings 13 2 16015 83.86%
Net Assets in Top 10 619 M 577 K 69.8 B 48.70%
Weighting of Top 10 94.08% 11.0% 122.7% 19.88%

Top 10 Holdings

  1. Global Equity Fund 30.03%
  2. Investment Grade Bond Fund 18.01%
  3. Multifactor U.S. Equity Fund 16.46%
  4. Multi-Strategy Income Fund 8.01%
  5. Strategic Bond Fund 5.51%
  6. Long Duration Bond Fund 4.03%
  7. U.S. Small Cap Equity Fund 3.52%
  8. Multifactor International Equity Fund 3.02%
  9. Emerging Markets Fund 3.00%
  10. Global Real Estate Securities Fund 2.50%

Asset Allocation

Weighting Return Low Return High RBLRX % Rank
Stocks 		100.07% 0.00% 100.16% 0.72%
Convertible Bonds 		1.70% 0.00% 23.84% 12.48%
Preferred Stocks 		0.00% 0.00% 23.91% 91.50%
Other 		0.00% -42.55% 113.97% 87.03%
Cash 		0.00% -7.92% 100.00% 99.42%
Bonds 		0.00% 0.00% 74.58% 94.38%

Stock Sector Breakdown

Weighting Return Low Return High RBLRX % Rank
Technology 		18.07% 0.00% 44.21% 59.10%
Financial Services 		17.08% 0.00% 38.77% 18.49%
Healthcare 		12.20% 0.00% 29.35% 76.42%
Consumer Cyclical 		9.79% 0.00% 19.36% 48.91%
Industrials 		8.97% 0.00% 24.37% 76.42%
Real Estate 		8.95% 0.00% 65.01% 10.48%
Communication Services 		7.51% 0.00% 38.10% 42.50%
Consumer Defense 		6.38% 0.00% 15.14% 58.81%
Energy 		4.65% 0.00% 85.65% 53.28%
Basic Materials 		4.39% 0.00% 33.35% 39.01%
Utilities 		2.00% 0.00% 99.55% 79.91%

Stock Geographic Breakdown

Weighting Return Low Return High RBLRX % Rank
US 		100.07% 0.00% 100.16% 0.72%
Non US 		0.00% 0.00% 39.06% 89.48%

RBLRX - Expenses

Operational Fees

RBLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.02% 0.03% 17.63% 48.42%
Management Fee 0.17% 0.00% 1.83% 34.76%
12b-1 Fee N/A 0.00% 1.00% 15.57%
Administrative Fee 0.04% 0.01% 0.83% 18.72%

Sales Fees

RBLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

RBLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RBLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 59.00% 0.00% 343.00% 67.85%

RBLRX - Distributions

Dividend Yield Analysis

RBLRX Category Low Category High RBLRX % Rank
Dividend Yield 2.99% 0.00% 17.90% 75.54%

Dividend Distribution Analysis

RBLRX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

RBLRX Category Low Category High RBLRX % Rank
Net Income Ratio 2.49% -2.34% 19.41% 8.80%

Capital Gain Distribution Analysis

RBLRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

View More +

RBLRX - Fund Manager Analysis

Managers

Venkat Kopanathi

Start Date

Tenure

Tenure Rank

Jun 08, 2021

0.98

1.0%

Venkat Kopanathi is portfolio manager specialized under multi-asset

Rob Balkema

Start Date

Tenure

Tenure Rank

Apr 12, 2022

0.13

0.1%

Rob Balkema, CFA Portfolio Manager, Multi-Asset Solutions Rob Balkema is a portfolio manager working on Russell Investments’ multi-asset funds, based in New York. In this role, Rob manages Russell Investments’ fiduciary solutions mandates which integrate Russell Investments’ equity, fixed income, real asset and alternative capabilities globally. He is tasked with creating strategic asset allocations for the portfolios, selecting active strategies or passive alternatives to populate asset classes and dynamically positioning the total portfolio in order to help clients achieve their objectives. Prior to his current role, Rob was a senior analyst in the investment process and risk group. In this role, Rob focused on improving the measurement, evaluation and enhancement of Russell Investments’ portfolio management practice. From 2006 until 2009, Rob was based in Seattle as a member of the global equity team, serving in multiple capacities. He was responsible for evaluating asset management firms worldwide that offer global, international and emerging market equity mandates and supported portfolio managers in the structuring and monitoring of Russell Investments’ global equity strategies. Rob holds a B.A. in Economics from Harvard College and holds a Chartered Financial Analyst® designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.51 6.36 2.41

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