Annualized returns
Quarterly		Year to date		1 year		3 years		5 years		10 years		Since inception
19.49		26.25		-10.14		-7.00		0.74		4.84		10.32
Fund inception date: 12/28/81

Fund Fees and Expenses

Annual Fund Operating Expenses
Total	Net
1.05%	1.05%

Growth of $10,000
As of 09/30/2009



The fund first issued class S shares on September 2, 2008. The returns shown for class S shares prior to that date are the returns of the fund's class I shares.

Performance information is historical and does not guarantee future results. Investment return and principal value will fluctuate so that redeemed shares may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Current to the most recent month-end performance for Russell mutual funds is available by visiting: www.russell.com/us/fundperformance.

The fund offers other classes of shares with higher fees and expenses. These other classes may charge up to a 0.75% distribution fee and a 0.25% shareholder servicing fee which will result in a higher expense ratio and lower performance than that shown above. For a full description of other available classes, please see the prospectus.