Russell Investments Multifactor Bond Fund (RMHYX)
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. It may invest in (1) U.S. and non-U.S. corporate debt securities, (2) Yankee Bonds (dollar-denominated obligations issued in the U.S. by non-U.S. banks and corporations) and (3) fixed income securities issued or guaranteed by the U.S. government, non-U.S. governments, or by any U.S. government or non-U.S. government agency or instrumentality.
Fund Info
US78250F3982
Nov 12, 2019
$10,000,000
Expense Ratio
RMHYX has an expense ratio of 0.26%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Russell Investments Multifactor Bond Fund (RMHYX) returned 2.27% year-to-date (YTD) and 3.54% over the past 12 months.
RMHYX
2.27%
-1.91%
-1.51%
3.54%
0.32%
-1.00%
N/A
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of RMHYX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.65% | 3.81% | -0.19% | -0.04% | -1.91% | 2.27% | |||||||
| 2024 | -0.60% | -1.96% | 1.08% | -4.15% | 2.00% | 1.38% | 3.08% | 1.60% | 1.51% | -4.16% | 1.26% | -3.70% | -2.99% |
| 2023 | 2.69% | -1.75% | 1.78% | 0.62% | -0.74% | -0.37% | 0.13% | -0.25% | -4.02% | -3.14% | 6.22% | 5.81% | 6.62% |
| 2022 | -1.65% | -1.32% | -2.49% | -2.85% | -0.35% | -1.58% | 2.66% | -2.79% | -3.88% | -0.54% | 2.90% | -1.21% | -12.55% |
| 2021 | -0.49% | -1.66% | -0.30% | 0.20% | 0.30% | 0.79% | 1.28% | -0.29% | -0.97% | -0.49% | 0.70% | -0.58% | -1.53% |
| 2020 | 2.30% | 0.50% | -3.02% | 2.96% | 0.87% | 0.83% | 1.59% | -0.53% | 0.29% | 0.29% | 1.53% | 0.32% | 8.10% |
| 2019 | 0.40% | -0.35% | 0.05% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RMHYX is 26, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Russell Investments Multifactor Bond Fund (RMHYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Russell Investments Multifactor Bond Fund provided a 4.25% dividend yield over the last twelve months, with an annual payout of $0.33 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.39 | $0.03 | $0.70 | $0.45 | $0.48 | $0.03 |
Dividend yield | 4.25% | 5.12% | 0.34% | 8.97% | 4.59% | 4.69% | 0.25% |
Monthly Dividends
The table displays the monthly dividend distributions for Russell Investments Multifactor 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.01 | $0.02 | $0.02 | $0.02 | $0.07 | |||||||
| 2024 | $0.00 | $0.05 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.10 | $0.39 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2022 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.59 | $0.70 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.45 |
| 2020 | $0.00 | $0.00 | $0.01 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.00 | $0.04 | $0.00 | $0.35 | $0.48 |
| 2019 | $0.03 | $0.03 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Russell Investments Multifactor 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 Multifactor Bond Fund was 19.31%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current Russell Investments Multifactor Bond Fund drawdown is 9.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.31% | Aug 5, 2021 | 556 | Oct 19, 2023 | — | — | — |
| -7.86% | Mar 9, 2020 | 9 | Mar 19, 2020 | 75 | Jul 7, 2020 | 84 |
| -2.72% | Jan 5, 2021 | 51 | Mar 18, 2021 | 84 | Jul 19, 2021 | 135 |
| -0.95% | Aug 5, 2020 | 17 | Aug 27, 2020 | 31 | Oct 12, 2020 | 48 |
| -0.67% | Feb 3, 2020 | 3 | Feb 5, 2020 | 10 | Feb 20, 2020 | 13 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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