Sector weightings As of 02/28/2010 Updated monthly
% of total market value
U.S. Government/Agency Investment Grade Credit High Yield Commercial Mortgage Backed Residential Mortgage Backed Asset Backed Emerging Markets Debt Non-U.S. Dollar/Foreign Exchange Bank Loans Net Cash & Equivalents Other
17.9 18.9 1.2 4.9 25.9 3.5 0.5 -0.1 0.0 13.4 0.3
The Other sector includes pooled investment vehicles, certain derivatives, stocks, municipal bonds and other investments not falling within one of the other listed sectors.
Sector allocations and credit quality exposures may not equal 100 percent as a result of the fund's use of certain financial instruments such as futures, forwards, options, swaps and when issued transactions or forward commitments. Managers utilize these instruments as a substitute for holding securities directly, for hedging purposes, to take a net short position in certain markets or to adjust the interest rate sensitivity and duration of the portfolio. In the event short positions are created, they may be reflected as negative weightings in sector allocations and credit quality exposures.
Quality rating As of 12/31/2009 Updated quarterly
% of market value
U.S. Govt & Agency
48
AAA
17
AA
6
A
14
BBB
12
BB
2
B
2
Other
8
Debt instrument quality ratings are based upon Moody's Investors Service Inc. and Standard & Poor's Corporation. For additional information on quality ratings, see the Statement of Additional Information.
Top 10 holdings As of 02/28/2010 Updated monthly
% of fund
Fannie Mae Fannie Mae Ginnie Mae I United States Treasury Notes United States Treasury Notes United States Treasury Inflation Indexed Bonds Ginnie Mae I BA Credit Card Trust Ginnie Mae I Ginnie Mae I
2.0 1.3 1.2 1.1 1.1 1.0 0.9 0.9 0.9 0.9
11.3
The top ten holdings list does not reflect the investment of cash reserves and cash collateral received in securities lending transactions in one or more of Russell Investment Company's money market funds.
Characteristics As of 12/31/2009 Updated quarterly
Total net assets (All classes)
$940.2 million
Weighted average duration (All classes)1
4.3 years
1 Duration approximates the percentage change in the price of a bond or the value of a portfolio of bonds for every one percentage point shift in interest rates.
Fund objectives, risks, charges and expenses should be carefully considered before investing. For a prospectus containing this and other important information call Russell at 1-866-676-7680 or go to the prospectus and reports page to download one. Please read the prospectus carefully before investing.
On September 2, 2008, the name of the Fixed Income I Fund changed to Russell Investment Grade Bond Fund.
Diversification and strategic asset allocation do not assure profit or protect against loss in declining markets.
For more information on Russell Funds, contact your investment professional or plan administrator for assistance.
Russell Investment Group is a Washington, USA corporation, which operates through subsidiaries worldwide, including Russell Investments, and is a subsidiary of The Northwestern Mutual Life Insurance Company.
The Russell logo is a trademark and service mark of Russell Investments.
Securities products and services offered through Russell Financial Services, Inc., member FINRA, part of Russell Investments. For information on the Financial Industry Regulatory Authority, go to www.finra.org.
Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.
Products and services described on this website are intended for United States residents only. Information on this site should not be considered a solicitation to buy or an offer to sell a security to any person. Persons outside the United States may find more information about products and services available within their jurisdictions by going to Russell's Worldwide site.
Individual home Glossary Contact us Newsroom Careers
