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 compared to other funds.
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 Multifactor 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 Multifactor Bond Fund had a return of 1.23% year-to-date (YTD) and 1.55% in the last 12 months.
RMHYX
1.23%
1.36%
-5.23%
1.55%
-2.14%
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
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% | 1.23% | |||||||||||
| 2024 | -0.60% | -1.96% | 1.08% | -4.15% | 2.01% | 1.39% | 3.07% | 1.61% | 1.51% | -4.16% | 1.26% | -3.70% | -2.97% |
| 2023 | 2.69% | -1.75% | 1.78% | 0.62% | -0.75% | -0.37% | 0.13% | -0.25% | -4.02% | -3.14% | 6.22% | 5.84% | 6.65% |
| 2022 | -1.65% | -1.32% | -2.49% | -2.85% | -0.35% | -1.58% | 2.66% | -2.79% | -3.87% | -0.54% | 2.90% | -1.21% | -12.55% |
| 2021 | -0.48% | -1.66% | -0.30% | 0.20% | 0.30% | 0.79% | 1.28% | -0.29% | -0.97% | -0.49% | 0.70% | -3.39% | -4.32% |
| 2020 | 2.30% | 0.50% | -3.02% | 2.96% | 0.87% | 0.84% | 1.59% | -0.52% | 0.29% | 0.29% | 1.53% | -2.48% | 5.09% |
| 2019 | 0.40% | -0.35% | 0.05% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RMHYX is 8, meaning it’s performing worse than 92% of other mutual funds on our website when it comes to balancing risk and reward. Below is 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.
Dividends
Dividend History
Russell Investments Multifactor Bond Fund provided a 4.60% dividend yield over the last twelve months, with an annual payout of $0.36 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.36 | $0.39 | $0.03 | $0.70 | $0.16 | $0.19 | $0.03 |
Dividend yield | 4.60% | 5.12% | 0.34% | 8.97% | 1.66% | 1.82% | 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 | $0.01 | ||||||||||
| 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 | $0.16 | $0.16 |
| 2020 | $0.00 | $0.00 | $0.01 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.00 | $0.04 | $0.00 | $0.06 | $0.19 |
| 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.
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 23.37%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current Russell Investments Multifactor Bond Fund drawdown is 14.58%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.37% | Dec 16, 2020 | 715 | Oct 19, 2023 | — | — | — |
| -7.86% | Mar 9, 2020 | 9 | Mar 19, 2020 | 75 | Jul 7, 2020 | 84 |
| -0.95% | Aug 7, 2020 | 15 | Aug 27, 2020 | 31 | Oct 12, 2020 | 46 |
| -0.67% | Feb 3, 2020 | 3 | Feb 5, 2020 | 10 | Feb 20, 2020 | 13 |
| -0.6% | Dec 4, 2019 | 7 | Dec 12, 2019 | 14 | Jan 3, 2020 | 21 |
Volatility
Volatility Chart
The current Russell Investments Multifactor Bond Fund volatility is 2.45%, 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.