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Trending ETFs

Tax-Managed Real Assets Fund

mutual fund
RTXSX
Payout Change
Pending
Price as of:
$13.16 +0.02 +0.15%
primary theme
N/A
share class
C (RTXCX) M (RTXMX) S (RTXSX) A (RTXAX)
RTXSX (Mutual Fund)

Tax-Managed Real Assets Fund

Payout Change
Pending
Price as of:
$13.16 +0.02 +0.15%
primary theme
N/A
share class
C (RTXCX) M (RTXMX) S (RTXSX) A (RTXAX)
RTXSX (Mutual Fund)

Tax-Managed Real Assets Fund

Payout Change
Pending
Price as of:
$13.16 +0.02 +0.15%
primary theme
N/A
share class
C (RTXCX) M (RTXMX) S (RTXSX) A (RTXAX)

Name

As of 10/04/2024

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

Tax-Managed Real Assets Fund

RTXSX | Fund

$13.16

$924 M

2.02%

$0.27

1.17%

Vitals

YTD Return

8.3%

1 yr return

22.6%

3 Yr Avg Return

3.6%

5 Yr Avg Return

7.5%

Net Assets

$924 M

Holdings in Top 10

24.0%

52 WEEK LOW AND HIGH

$13.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.17%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 40.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 10/04/2024

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

Tax-Managed Real Assets Fund

RTXSX | Fund

$13.16

$924 M

2.02%

$0.27

1.17%

RTXSX - Profile

Distributions

  • YTD Total Return 8.3%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 7.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.66%
DIVIDENDS
  • Dividend Yield 2.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Tax-Managed Real Assets Fund
  • Fund Family Name
    Russell Investment Company
  • Inception Date
    Jun 10, 2019
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Patrick Nikodem

Fund Description

The Fund has a non-fundamental policy to invest, under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in investments related to real assets and real asset companies. Real assets are broadly defined by the Fund and are considered to include any assets that have physical properties, such as natural resources, real estate, infrastructure and commodities. In an effort to provide equity-like returns over a market cycle while mitigating downside risk relative to equities, Russell Investment Management, LLC (“RIM”) allocates the Fund’s assets globally across the real assets group of industries, focusing on real estate, infrastructure and natural resources. RIM intends to shift the Fund’s assets within the real assets group of industries based on RIM’s outlook on the business and economic cycle, relative market valuations and market sentiment. The Fund seeks to realize capital growth while considering shareholder tax consequences arising from its portfolio management activities. The Fund typically buys stocks with the intention of holding them long enough to qualify for long-term capital gains tax treatment. Stocks may, however, be sold at a point where short-term capital gains are realized if the Fund believes it is appropriate in that case to do so or as a result of redemption activity.
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-asset, 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 markets by purchasing equity securities and/or derivatives, which typically include index futures contracts and swaps.
The Fund may invest in equity securities issued by U.S. and non-U.S. (i) real estate companies, including real estate investment trusts (“REITs”) and similar REIT-like entities; (ii) infrastructure companies, which are companies that are engaged in the infrastructure business; and (iii) natural resources and natural resources-related companies. The Fund will
concentrate its investments in equity securities of companies in the real assets group of industries. The Fund may also invest in securities of non-U.S. issuers by purchasing American Depositary Receipts (“ADRs”) or Global Depositary Receipts (“GDRs”). Infrastructure companies also include energy-related companies organized as master limited partnerships (“MLPs”) and their affiliates.
The Fund may invest in derivative instruments and may use derivatives to take both long and short positions. The Fund may enter into spot and forward currency contracts to facilitate settlement of securities transactions. 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

RTXSX - Performance

Return Ranking - Trailing

Period RTXSX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.3% -4.4% 21.7% 3.26%
1 Yr 22.6% -7.2% 85.6% 2.67%
3 Yr 3.6%* -26.7% 14.8% N/A
5 Yr 7.5%* 3.3% 14.6% N/A
10 Yr N/A* -2.2% 10.9% N/A

* Annualized

Return Ranking - Calendar

Period RTXSX Return Category Return Low Category Return High Rank in Category (%)
2023 5.3% -21.0% 24.5% 57.42%
2022 -14.3% -46.3% 27.8% N/A
2021 24.4% -41.9% 1.5% N/A
2020 2.0% -100.0% 20.6% N/A
2019 N/A -17.0% 209.2% N/A

Total Return Ranking - Trailing

Period RTXSX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.3% -4.4% 21.7% 3.26%
1 Yr 22.6% -7.2% 85.6% 2.67%
3 Yr 3.6%* -26.7% 14.8% N/A
5 Yr 7.5%* 2.6% 14.6% N/A
10 Yr N/A* -2.2% 10.9% N/A

* Annualized

Total Return Ranking - Calendar

Period RTXSX Return Category Return Low Category Return High Rank in Category (%)
2023 7.6% -21.0% 24.5% 57.42%
2022 -11.4% -46.3% 27.8% N/A
2021 26.9% -41.9% 1.5% N/A
2020 3.9% -100.0% 23.1% N/A
2019 N/A -9.5% 216.9% N/A

NAV & Total Return History

RTXSX - Holdings

Concentration Analysis

RTXSX Category Low Category High RTXSX % Rank
Net Assets 924 M 14 K 108 B 45.62%
Number of Holdings 402 2 2669 42.17%
Net Assets in Top 10 240 M -105 M 20.2 B 60.04%
Weighting of Top 10 23.97% 9.4% 100.0% 74.89%

Top 10 Holdings

  1. U.S. Cash Management Fund 3.97%
  2. Prologis Inc 3.52%
  3. Welltower Inc 2.60%
  4. Digital Realty Trust Inc 2.32%
  5. AvalonBay Communities Inc 2.16%
  6. Equinix Inc 2.12%
  7. Iron Mountain Inc 2.06%
  8. Simon Property Group Inc 1.96%
  9. NextEra Energy Inc 1.68%
  10. Public Storage 1.57%

Asset Allocation

Weighting Return Low Return High RTXSX % Rank
Stocks 		94.10% -10.07% 97.62% 1.20%
Cash 		4.59% -115.78% 92.14% 65.26%
Preferred Stocks 		1.29% -0.01% 36.42% 92.77%
Other 		0.01% -1.21% 215.78% 91.16%
Convertible Bonds 		0.00% 0.00% 31.60% 94.78%
Bonds 		0.00% -22.81% 109.96% 95.18%

Stock Sector Breakdown

Weighting Return Low Return High RTXSX % Rank
Real Estate 		40.99% 0.00% 88.16% 6.30%
Energy 		17.41% 0.00% 39.28% 12.40%
Industrials 		14.10% 0.11% 36.53% 13.41%
Utilities 		12.42% 0.00% 35.70% 9.55%
Basic Materials 		10.47% 0.00% 20.99% 14.02%
Consumer Defense 		1.72% 0.00% 29.82% 92.28%
Technology 		1.36% 0.00% 49.82% 90.04%
Financial Services 		0.83% 0.00% 38.60% 91.06%
Consumer Cyclical 		0.49% 0.00% 41.68% 94.31%
Communication Services 		0.19% 0.00% 30.93% 93.50%
Healthcare 		0.00% 0.00% 35.04% 91.26%

Stock Geographic Breakdown

Weighting Return Low Return High RTXSX % Rank
US 		65.56% -11.94% 91.74% 3.41%
Non US 		28.54% -4.88% 60.39% 17.87%

RTXSX - Expenses

Operational Fees

RTXSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.17% 0.01% 22.80% 45.15%
Management Fee 0.85% 0.00% 1.90% 86.19%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.01% 0.70% 20.83%

Sales Fees

RTXSX 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% 5.50% N/A

Trading Fees

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

RTXSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.00% 0.00% 464.61% 51.90%

RTXSX - Distributions

Dividend Yield Analysis

RTXSX Category Low Category High RTXSX % Rank
Dividend Yield 2.02% 0.00% 6.30% 78.35%

Dividend Distribution Analysis

RTXSX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Monthly Annually

Net Income Ratio Analysis

RTXSX Category Low Category High RTXSX % Rank
Net Income Ratio 1.66% -2.33% 7.22% 47.33%

Capital Gain Distribution Analysis

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

Distributions History

View More +

RTXSX - Fund Manager Analysis

Managers

Patrick Nikodem

Start Date

Tenure

Tenure Rank

Jun 10, 2019

2.98

3.0%

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
0.02 29.27 6.26 8.25

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