Home
Guide
Picks
High Yield
Dates
Monthly
Screener
Resources
ESG
Retire
Channels
Continue to site >
Trending ETFs

Global Real Estate Securities Fund

mutual fund
RRESX
Payout Change
Pending
Price as of:
$31.32 +0.24 +0.77%
primary theme
International Real Estate
share class
R6 (RRSRX) M (RETTX) C (RRSCX) S (RRESX) A (RREAX) Y (RREYX)
RRESX (Mutual Fund)

Global Real Estate Securities Fund

Payout Change
Pending
Price as of:
$31.32 +0.24 +0.77%
primary theme
International Real Estate
share class
R6 (RRSRX) M (RETTX) C (RRSCX) S (RRESX) A (RREAX) Y (RREYX)
RRESX (Mutual Fund)

Global Real Estate Securities Fund

Payout Change
Pending
Price as of:
$31.32 +0.24 +0.77%
primary theme
International Real Estate
share class
R6 (RRSRX) M (RETTX) C (RRSCX) S (RRESX) A (RREAX) Y (RREYX)

Name

As of 10/11/2024

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

Global Real Estate Securities Fund

RRESX | Fund

$31.32

$391 M

2.26%

$0.71

1.17%

Vitals

YTD Return

9.1%

1 yr return

25.8%

3 Yr Avg Return

-1.9%

5 Yr Avg Return

1.2%

Net Assets

$391 M

Holdings in Top 10

35.4%

52 WEEK LOW AND HIGH

$31.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.17%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 81.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 10/11/2024

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

Global Real Estate Securities Fund

RRESX | Fund

$31.32

$391 M

2.26%

$0.71

1.17%

RRESX - Profile

Distributions

  • YTD Total Return 9.1%
  • 3 Yr Annualized Total Return -1.9%
  • 5 Yr Annualized Total Return 1.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.12%
DIVIDENDS
  • Dividend Yield 2.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Global Real Estate Securities Fund
  • Fund Family Name
    Russell Investment Company
  • Inception Date
    Sep 26, 1997
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Bruce Eidelson

Fund Description

The Fund has a non-fundamental policy to invest, under normal circumstances, at least 80% of the value of its net assets plus borrowings for investment purposes in real estate securities. The Fund seeks to achieve its objective by concentrating its investments in equity securities of real estate companies economically tied to a number of countries around the world, including the U.S., in a globally diversified manner. The Fund invests principally in securities of companies, known as real estate investment trusts (“REITs”) and other REIT-like entities that own interests in real estate or real estate-related loans. The Fund may also invest in equity securities of other types of real estate-related companies. A portion of the Fund’s securities are denominated in foreign currencies and are typically held outside the U.S. The Fund may invest a portion of its assets in equity securities of companies that are located in emerging markets. The Fund considers emerging market countries to include every country in the world except Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States.
Russell Investment Management, LLC (“RIM”) provides or oversees the provision of all investment advisory and portfolio management services for the Fund. The Fund is advised by RIM and multiple money managers unaffiliated with RIM pursuant to a multi-manager approach. RIM may change the Fund’s asset allocation at any time. The Fund’s money managers have non-discretionary asset management assignments pursuant to which they provide a model portfolio to RIM representing their investment recommendations, based upon which RIM purchases and sells securities for the Fund. For Fund assets not allocated to money manager strategies, RIM utilizes quantitative and/or rules-based processes and qualitative analysis to assess Fund characteristics and invest in securities and instruments which provide the desired exposures. RIM may use strategies based on indexes. RIM also manages the Fund’s cash balances. The Fund usually, but not always, pursues a strategy to be fully invested by exposing all or a portion of its cash to the performance of certain real estate securities or, in certain circumstances, broad global equity markets by purchasing equity securities and/or derivatives, which typically include index futures contracts and swaps.
The Fund may invest in derivative instruments and may use derivatives to take both long and short positions. The Fund may enter into spot or forward currency contracts to facilitate settlement of securities transactions. The Fund may invest in large, medium or small capitalization companies. The Fund may lend its portfolio securities to earn income. Please refer to the “Investment Objective and Investment Strategies” section in the Fund's Prospectus for further information.
Read More

RRESX - Performance

Return Ranking - Trailing

Period RRESX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -5.4% 21.6% 35.71%
1 Yr 25.8% -10.3% 36.7% 47.80%
3 Yr -1.9%* -14.0% 20.4% 55.43%
5 Yr 1.2%* -9.6% 17.4% 61.99%
10 Yr 4.1%* -1.5% 11.8% 59.13%

* Annualized

Return Ranking - Calendar

Period RRESX Return Category Return Low Category Return High Rank in Category (%)
2023 7.8% -16.8% 16.7% 59.44%
2022 -28.5% -43.9% 4.5% 59.43%
2021 18.8% -13.9% 30.7% 57.31%
2020 -7.4% -20.7% 13.7% 58.48%
2019 13.3% 1.0% 26.5% 64.71%

Total Return Ranking - Trailing

Period RRESX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -5.4% 21.6% 35.71%
1 Yr 25.8% -10.3% 36.7% 47.80%
3 Yr -1.9%* -14.0% 20.4% 55.43%
5 Yr 1.2%* -9.6% 17.4% 61.99%
10 Yr 4.1%* -1.5% 11.8% 59.13%

* Annualized

Total Return Ranking - Calendar

Period RRESX Return Category Return Low Category Return High Rank in Category (%)
2023 10.3% -14.6% 23.4% 63.33%
2022 -27.0% -39.5% 10.1% 79.43%
2021 26.8% 5.7% 101.8% 45.03%
2020 -5.5% -17.8% 14.7% 66.67%
2019 21.6% 4.3% 37.2% 76.47%

NAV & Total Return History

RRESX - Holdings

Concentration Analysis

RRESX Category Low Category High RRESX % Rank
Net Assets 391 M 4.27 M 7.48 B 46.37%
Number of Holdings 127 5 691 9.34%
Net Assets in Top 10 144 M 1.9 M 4.55 B 45.60%
Weighting of Top 10 35.41% 19.5% 64.5% 75.69%

Top 10 Holdings

  1. Prologis Inc 6.23%
  2. Welltower Inc 5.67%
  3. Digital Realty Trust Inc 4.76%
  4. Simon Property Group Inc 3.47%
  5. U.S. Cash Management Fund 2.62%
  6. Goodman Group 2.62%
  7. Equinix Inc 2.62%
  8. Essex Property Trust Inc 2.61%
  9. Iron Mountain Inc 2.53%
  10. Public Storage 2.29%

Asset Allocation

Weighting Return Low Return High RRESX % Rank
Stocks 		97.01% 3.01% 126.54% 77.47%
Cash 		2.87% 0.00% 11.23% 24.73%
Other 		0.13% -33.49% 99.87% 17.03%
Preferred Stocks 		0.00% 0.00% 7.41% 28.02%
Convertible Bonds 		0.00% 0.00% 0.07% 21.55%
Bonds 		0.00% 0.00% 23.39% 25.27%

Stock Sector Breakdown

Weighting Return Low Return High RRESX % Rank
Real Estate 		99.28% 72.53% 100.00% 23.16%
Consumer Cyclical 		0.48% 0.00% 13.03% 51.41%
Communication Services 		0.24% 0.00% 10.08% 54.24%
Utilities 		0.00% 0.00% 0.96% 24.86%
Technology 		0.00% 0.00% 4.92% 53.67%
Industrials 		0.00% 0.00% 4.91% 36.16%
Healthcare 		0.00% 0.00% 1.54% 29.94%
Financial Services 		0.00% 0.00% 9.53% 35.59%
Energy 		0.00% 0.00% 0.11% 21.47%
Consumer Defense 		0.00% 0.00% 0.18% 23.16%
Basic Materials 		0.00% 0.00% 1.63% 25.99%

Stock Geographic Breakdown

Weighting Return Low Return High RRESX % Rank
US 		61.61% 0.00% 102.76% 65.93%
Non US 		35.40% 0.00% 98.87% 49.45%

RRESX - Expenses

Operational Fees

RRESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.17% 0.10% 36.96% 61.54%
Management Fee 0.80% 0.09% 1.50% 51.93%
12b-1 Fee N/A 0.00% 1.00% 4.39%
Administrative Fee 0.05% 0.01% 0.25% 29.63%

Sales Fees

RRESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

RRESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

RRESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 81.00% 1.00% 165.00% 63.07%

RRESX - Distributions

Dividend Yield Analysis

RRESX Category Low Category High RRESX % Rank
Dividend Yield 2.26% 0.00% 5.52% 62.64%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

RRESX Category Low Category High RRESX % Rank
Net Income Ratio 2.12% -0.23% 3.84% 16.29%

Capital Gain Distribution Analysis

RRESX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

RRESX - Fund Manager Analysis

Managers

Bruce Eidelson

Start Date

Tenure

Tenure Rank

Jan 01, 2002

20.42

20.4%

Eidelson has been a portfolio manager of Russell Investment Management Company since January 2002. Bruce Eidelson, a Senior Portfolio Manager, and Patrick Nikodem, a Senior Portfolio Manager, have primary responsibility for the management of the Fund. Mr. Eidelson has managed the Fund since January 2002 and Mr. Nikodem has managed the Fund since December 2016.

Patrick Nikodem

Start Date

Tenure

Tenure Rank

Dec 21, 2016

5.44

5.4%

Patrick Nikodem is a Portfolio Manager at Russell Investments with an emphasis on listed real assets. Prior to joining Russell Investments in 2008, Patrick worked for a boutique investment bank focusing on emerging markets infrastructure and natural resource projects.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 20.42 7.11 10.42

Advertisement

×

Wait! Rates are rising, is your portfolio ready?

×