Russell Investments Multi-Strategy Income Fund (RMYYX)

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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.

Russell Investments Multi-Strategy Income Fund (RMYYX) has returned 0.10% so far this year and 11.48% over the past 12 months. Over the last ten years, RMYYX has returned 5.01% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 4, 2016, RMYYX's average daily return is +0.02%, while the average monthly return is +0.46%. At this rate, your investment would double in approximately 12.6 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2022 with a return of +6.9%, while the worst month was Mar 2020 at -11.2%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.

On a daily basis, RMYYX closed higher 48% of trading days. The best single day was Mar 24, 2020 with a return of +5.2%, while the worst single day was Mar 18, 2020 at -6.0%.

Russell Investments Multi-Strategy Income Fund has an annualized alpha of 1.03%, beta of 0.35, and R² of 0.53 versus S&P 500 Index. Calculated based on daily prices since January 05, 2016.

• This fund participated in 53.82% of S&P 500 Index downside but only 41.98% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.35 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

RMYYX has an expense ratio of 0.57%, placing it in the medium range.

RMYYX ranks 85 for risk / return — in the top 85% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Russell Investments Multi-Strategy Income Fund (RMYYX) and compare them to a chosen benchmark (S&P 500 Index).

Russell Investments Multi-Strategy Income Fund provided a 4.10% dividend yield over the last twelve months, with an annual payout of $0.42 per share.

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.

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.

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 21.79%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.

The current Russell Investments Multi-Strategy Income Fund drawdown is 5.47%.

The chart below shows the rolling one-month volatility.