Russell Investments Short Duration Bond Fund (RFBSX)
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 bonds. Russell Investment Management, LLC provides or oversees the provision of all investment advisory and portfolio management services for the fund. It invests principally in short duration bonds and defines short duration as a duration ranging from 0.5 to 3.0 years.
Fund Info
| ISIN | US7824935065 |
|---|---|
| Issuer | Russell |
| Inception Date | Oct 30, 1981 |
| Category | Short-Term Bond |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
RFBSX features an expense ratio of 0.55%, falling within the medium range.
Share Price Chart
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Popular comparisons: RFBSX vs. LMBS
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Russell Investments Short Duration Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Russell Investments Short Duration Bond Fund had a return of 4.83% year-to-date (YTD) and 8.11% in the last 12 months. Over the past 10 years, Russell Investments Short Duration Bond Fund had an annualized return of 1.90%, while the S&P 500 had an annualized return of 10.85%, indicating that Russell Investments Short Duration Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.83% | 17.79% |
| 1 month | 1.12% | 0.18% |
| 6 months | 4.24% | 7.53% |
| 1 year | 8.11% | 26.42% |
| 5 years (annualized) | 1.91% | 13.48% |
| 10 years (annualized) | 1.90% | 10.85% |
Monthly Returns
The table below presents the monthly returns of RFBSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.43% | -0.30% | 0.54% | -0.45% | 0.92% | 0.60% | 1.25% | 0.96% | 4.83% | ||||
| 2023 | 1.21% | -0.72% | 1.11% | 0.42% | -0.37% | -0.36% | 0.55% | 0.26% | -0.22% | 0.05% | 1.56% | 1.49% | 5.06% |
| 2022 | -0.83% | -0.85% | -1.80% | -0.98% | 0.37% | -1.03% | 1.04% | -0.76% | -1.47% | -0.22% | 1.27% | 0.23% | -4.95% |
| 2021 | 0.05% | -0.11% | -0.14% | 0.30% | 0.14% | -0.05% | 0.24% | 0.04% | -0.12% | -0.76% | -0.23% | 0.06% | -0.59% |
| 2020 | 0.73% | 0.81% | -1.38% | 1.54% | 1.07% | 0.69% | 0.52% | 0.20% | -0.05% | -0.07% | 0.62% | 0.22% | 4.98% |
| 2019 | 0.85% | 0.36% | 0.70% | 0.30% | 0.53% | 0.61% | 0.05% | 0.81% | -0.05% | 0.36% | -0.01% | 0.08% | 4.69% |
| 2018 | -0.10% | -0.13% | 0.15% | 0.06% | 0.24% | 0.08% | 0.18% | 0.36% | -0.02% | 0.00% | 0.11% | 0.35% | 1.27% |
| 2017 | 0.26% | 0.23% | 0.07% | 0.23% | 0.18% | 0.04% | 0.26% | 0.00% | 0.06% | 0.06% | -0.07% | 0.00% | 1.33% |
| 2016 | 0.16% | 0.09% | 0.93% | 0.38% | 0.07% | 0.61% | 0.35% | 0.07% | 0.18% | 0.10% | -0.48% | 0.02% | 2.49% |
| 2015 | 0.37% | 0.09% | 0.24% | 0.08% | -0.01% | -0.17% | 0.15% | -0.15% | 0.10% | 0.09% | -0.14% | -0.34% | 0.31% |
| 2014 | 0.21% | 0.34% | -0.15% | 0.26% | 0.30% | 0.06% | -0.15% | 0.23% | -0.14% | 0.09% | 0.17% | -0.20% | 1.02% |
| 2013 | 0.10% | 0.20% | 0.18% | 0.35% | -0.50% | -0.84% | 0.14% | -0.19% | 0.54% | 0.40% | 0.32% | -0.08% | 0.64% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of RFBSX is 93, placing it in the top 7% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Russell Investments Short Duration Bond Fund (RFBSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Russell Investments Short Duration Bond Fund granted a 3.68% dividend yield in the last twelve months. The annual payout for that period amounted to $0.70 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.70 | $0.53 | $0.12 | $0.37 | $0.44 | $0.47 | $0.44 | $0.25 | $0.33 | $0.28 | $0.39 | $0.29 |
Dividend yield | 3.68% | 2.83% | 0.68% | 1.89% | 2.23% | 2.43% | 2.32% | 1.33% | 1.73% | 1.48% | 2.01% | 1.51% |
Monthly Dividends
The table displays the monthly dividend distributions for Russell Investments Short Duration Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.08 | $0.05 | $0.08 | $0.06 | $0.07 | $0.05 | $0.07 | $0.06 | $0.51 | |||
| 2023 | $0.00 | $0.05 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.04 | $0.06 | $0.08 | $0.53 |
| 2022 | $0.00 | $0.04 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 | $0.12 |
| 2021 | $0.00 | $0.07 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.21 | $0.37 |
| 2020 | $0.00 | $0.12 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.10 | $0.44 |
| 2019 | $0.00 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.10 | $0.47 |
| 2018 | $0.00 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.10 | $0.44 |
| 2017 | $0.00 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.04 | $0.03 | $0.25 |
| 2016 | $0.00 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.04 | $0.06 | $0.33 |
| 2015 | $0.00 | $0.05 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.04 | $0.28 |
| 2014 | $0.00 | $0.03 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.17 | $0.39 |
| 2013 | $0.07 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.01 | $0.01 | $0.02 | $0.01 | $0.04 | $0.29 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Russell Investments Short Duration Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Russell Investments Short Duration Bond Fund was 9.07%, occurring on Nov 24, 2008. Recovery took 147 trading sessions.
The current Russell Investments Short Duration Bond Fund drawdown is 0.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.07% | Mar 3, 2008 | 187 | Nov 24, 2008 | 147 | Jun 26, 2009 | 334 |
| -7.8% | Sep 16, 2021 | 277 | Oct 20, 2022 | 405 | Jun 3, 2024 | 682 |
| -4.5% | Mar 10, 2020 | 9 | Mar 20, 2020 | 40 | May 18, 2020 | 49 |
| -2.31% | Nov 8, 2001 | 21 | Dec 7, 2001 | 24 | Jan 11, 2002 | 45 |
| -1.82% | Nov 5, 2010 | 28 | Dec 15, 2010 | 84 | Apr 15, 2011 | 112 |
Volatility
Volatility Chart
The current Russell Investments Short Duration Bond Fund volatility is 0.47%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.