Russell Investments Multi-Asset Growth Strategy Fund (RMGSX)
The fund’s target strategic asset allocation is 60% to global equity or equity-related securities or instruments, including equity securities of real assets-related companies, and 40% global fixed income or fixed income-related securities or instruments, including high yield debt. However, the fund is not required to allocate its investments in any set proportion and RIM will dynamically manage the fund’s asset allocation based on market conditions generally by up to plus/minus 10% from the fund’s target strategic asset allocations.
Fund Info
| ISIN | US78250F5540 |
|---|---|
| Issuer | Russell |
| Inception Date | Mar 6, 2017 |
| Category | Global Allocation |
| Min. Investment | $0 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
RMGSX features an expense ratio of 0.91%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Russell Investments Multi-Asset Growth Strategy 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 Multi-Asset Growth Strategy Fund had a return of 10.98% year-to-date (YTD) and 18.23% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.98% | 17.79% |
| 1 month | 1.38% | 0.18% |
| 6 months | 7.04% | 7.53% |
| 1 year | 18.23% | 26.42% |
| 5 years (annualized) | 4.35% | 13.48% |
| 10 years (annualized) | N/A | 10.85% |
Monthly Returns
The table below presents the monthly returns of RMGSX, 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 | -0.10% | 1.29% | 2.75% | -2.72% | 3.36% | 1.05% | 1.51% | 3.11% | 10.98% | ||||
| 2023 | 5.86% | -3.13% | 3.24% | 1.60% | -1.45% | 2.74% | 1.94% | -1.62% | -3.40% | -1.89% | 7.56% | 3.54% | 15.26% |
| 2022 | -1.87% | -1.24% | -0.58% | -5.98% | -0.41% | -7.07% | 5.78% | -4.03% | -7.74% | 3.95% | 7.26% | -2.61% | -14.73% |
| 2021 | -0.57% | 2.29% | 2.43% | 2.04% | 1.61% | -0.97% | 0.00% | 0.62% | -0.97% | 1.34% | -3.00% | 2.97% | 7.89% |
| 2020 | -1.65% | -2.86% | -12.91% | 7.68% | 2.49% | 2.12% | 2.05% | 0.92% | -1.72% | -1.55% | 7.44% | 2.73% | 3.14% |
| 2019 | 4.41% | 1.38% | 0.58% | 1.43% | -3.24% | 2.85% | -0.45% | -0.77% | 0.29% | 0.39% | 0.68% | 1.50% | 9.22% |
| 2018 | 2.10% | -1.87% | 0.19% | 1.05% | -0.85% | -0.38% | 0.37% | -0.57% | -0.19% | -2.96% | 0.20% | -2.00% | -4.92% |
| 2017 | 0.80% | 1.21% | 1.08% | 0.10% | 0.97% | 0.48% | 0.19% | 0.96% | 0.38% | 0.06% | 6.39% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of RMGSX is 76, placing it in the top 24% 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 Multi-Asset Growth Strategy Fund (RMGSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Russell Investments Multi-Asset Growth Strategy Fund granted a 3.05% dividend yield in the last twelve months. The annual payout for that period amounted to $0.33 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.35 | $0.07 | $0.67 | $0.08 | $0.35 | $0.24 | $0.14 |
Dividend yield | 3.05% | 3.48% | 0.76% | 6.27% | 0.80% | 3.35% | 2.47% | 1.33% |
Monthly Dividends
The table displays the monthly dividend distributions for Russell Investments Multi-Asset Growth Strategy 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 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.15 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.06 | $0.00 | $0.12 | $0.35 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.07 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.63 | $0.67 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.23 | $0.35 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.12 | $0.24 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.12 | $0.14 |
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 Multi-Asset Growth Strategy 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 Multi-Asset Growth Strategy Fund was 24.93%, occurring on Mar 18, 2020. Recovery took 174 trading sessions.
The current Russell Investments Multi-Asset Growth Strategy Fund drawdown is 0.54%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.93% | Jan 21, 2020 | 41 | Mar 18, 2020 | 174 | Nov 23, 2020 | 215 |
| -23.47% | Jun 14, 2021 | 339 | Oct 14, 2022 | 358 | Mar 20, 2024 | 697 |
| -8.78% | Jan 29, 2018 | 229 | Dec 24, 2018 | 131 | Jul 3, 2019 | 360 |
| -3.53% | Jul 5, 2019 | 29 | Aug 14, 2019 | 85 | Dec 13, 2019 | 114 |
| -3.3% | Apr 1, 2024 | 15 | Apr 19, 2024 | 14 | May 9, 2024 | 29 |
Volatility
Volatility Chart
The current Russell Investments Multi-Asset Growth Strategy Fund volatility is 1.98%, 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.