Russell Investments Multi-Strategy Income Fund (RMYYX)
The fund principally invests in a range of diversified income-producing investments. It will typically pursue strategies and invest in instruments which have historically produced a significant portion of their total return from income. The fund’s target strategic asset allocation is 40% to global equity or equity-related securities or instruments, including equity securities of real assets-related companies, and 60% global fixed income or fixed income-related securities or instruments, including high yield and emerging markets debt.
Fund Info
| ISIN | US78249R2141 |
|---|---|
| Issuer | Russell |
| Inception Date | Apr 30, 2015 |
| Category | Diversified Portfolio |
| Min. Investment | $10,000,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
RMYYX features an expense ratio of 0.57%, falling within the medium range.
Share Price Chart
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Popular comparisons: RMYYX vs. FDFIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Russell Investments Multi-Strategy Income 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-Strategy Income Fund had a return of 9.60% year-to-date (YTD) and 16.64% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.60% | 17.79% |
| 1 month | 2.13% | 0.18% |
| 6 months | 7.86% | 7.53% |
| 1 year | 16.64% | 26.42% |
| 5 years (annualized) | 4.17% | 13.48% |
| 10 years (annualized) | N/A | 10.85% |
Monthly Returns
The table below presents the monthly returns of RMYYX, 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 | -0.54% | 0.11% | 2.70% | -2.99% | 2.83% | 0.74% | 2.30% | 3.11% | 9.60% | ||||
| 2023 | 5.58% | -3.34% | 2.12% | 1.32% | -1.52% | 1.65% | 1.70% | -1.51% | -3.19% | -2.12% | 6.56% | 4.36% | 11.56% |
| 2022 | -1.13% | -1.24% | -0.68% | -5.29% | -0.52% | -5.90% | 4.70% | -3.60% | -7.57% | 1.98% | 6.92% | -1.42% | -13.78% |
| 2021 | -0.58% | 2.54% | 2.19% | 2.57% | 2.10% | -1.97% | 0.18% | 0.73% | -0.91% | 2.01% | -2.24% | 2.25% | 9.06% |
| 2020 | -1.19% | -2.71% | -11.24% | 6.53% | 2.62% | 1.38% | 2.11% | 1.86% | -2.54% | -1.67% | 6.69% | 3.05% | 3.64% |
| 2019 | 3.69% | 0.71% | 0.50% | 0.91% | -1.31% | 2.34% | -0.41% | -0.20% | 0.60% | 0.96% | 0.60% | 1.58% | 10.35% |
| 2018 | 2.26% | -1.44% | -0.20% | 0.32% | -1.08% | -0.40% | 0.89% | -1.00% | -0.30% | -1.18% | 0.10% | -1.36% | -3.39% |
| 2017 | 1.55% | 1.63% | 0.60% | 0.91% | 1.20% | 0.39% | 1.09% | 0.20% | 0.78% | 0.64% | 0.39% | 0.48% | 10.32% |
| 2016 | -2.18% | 0.00% | 4.78% | 2.13% | 0.21% | 0.63% | 2.05% | 0.83% | 0.51% | -0.60% | -0.93% | 1.70% | 9.33% |
| 2015 | -0.70% | -1.91% | 0.58% | -2.87% | -1.69% | 3.49% | -1.15% | -1.63% | -5.86% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RMYYX is 74, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Russell Investments Multi-Strategy Income Fund (RMYYX) 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-Strategy Income Fund granted a 4.09% dividend yield in the last twelve months. The annual payout for that period amounted to $0.41 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.41 | $0.48 | $0.35 | $0.62 | $0.16 | $0.36 | $0.36 | $0.46 | $0.39 | $0.23 |
Dividend yield | 4.09% | 5.20% | 4.02% | 5.89% | 1.52% | 3.60% | 3.83% | 4.47% | 4.00% | 2.54% |
Monthly Dividends
The table displays the monthly dividend distributions for Russell Investments Multi-Strategy Income 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 | $0.03 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.08 | $0.00 | $0.20 | $0.48 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.21 | $0.35 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.57 | $0.62 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.16 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.04 | $0.00 | $0.19 | $0.36 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.08 | $0.00 | $0.10 | $0.36 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.20 | $0.46 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.07 | $0.00 | $0.10 | $0.39 |
| 2015 | $0.06 | $0.00 | $0.00 | $0.09 | $0.00 | $0.09 | $0.23 |
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-Strategy Income 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-Strategy Income Fund was 21.75%, occurring on Oct 14, 2022. Recovery took 438 trading sessions.
The current Russell Investments Multi-Strategy Income Fund drawdown is 0.50%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.75% | Nov 8, 2021 | 236 | Oct 14, 2022 | 438 | Jul 16, 2024 | 674 |
| -21.1% | Jan 7, 2020 | 50 | Mar 18, 2020 | 169 | Nov 16, 2020 | 219 |
| -11.04% | May 18, 2015 | 187 | Feb 11, 2016 | 103 | Jul 11, 2016 | 290 |
| -7.04% | Jan 29, 2018 | 229 | Dec 24, 2018 | 122 | Jun 20, 2019 | 351 |
| -4.7% | Jun 7, 2021 | 30 | Jul 19, 2021 | 78 | Nov 5, 2021 | 108 |
Volatility
Volatility Chart
The current Russell Investments Multi-Strategy Income Fund volatility is 1.56%, 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.