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Russell Inv LifePoints Balanced Strat R5 Overview

Russell Inv LifePoints Balanced Strat R5 (RBLVX) is an actively managed Allocation Global Moderate Allocation fund. Russell launched the fund in 1998.

The investment seeks to provide above average long term capital appreciation and a moderate level of current income. The fund is a "fund of funds," which seeks to achieve its objective by investing in a combination of several other Russell Investment Company Funds. The adviser intends the fund's strategy of investing in a combination of underlying funds to result in investment diversification that an investor could otherwise achieve only by holding numerous individual investments.

About Russell Inv LifePoints Balanced Strat R5 (RBLVX)

There are 2 members of the management team with an average tenure of 2.97 years: Sam Pittman (2023), Amneet Singh (2023). Management tenure is more important for actively managed funds than passive index funds.

The fund has 6 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100%, FTSE EPRA Nareit Developed NR USD index with a weighting of 3%, Bloomberg US Agg Bond TR USD index with a weighting of 31%, Russell 3000 TR USD index with a weighting of 38%, ICE BofA US High Yield TR USD index with a weighting of 8% and MSCI ACWI Ex USA NR USD index with a weighting of 20%. Russell Inv LifePoints Balanced Strat R5 has 14 securities in its portfolio. The top 10 holdings constitute 94.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Russell Inv LifePoints Balanced Strat R5 is part of the Allocation global asset class and is within the Allocation fund group. Russell Inv LifePoints Balanced Strat R5 has 28.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 34.6%. There is 24.7% allocated to foreign stock, and 0.4% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 30.8% (27.3% domestic bond, 3.4% foreign bond and 1.1% convertible bond). Russell Inv LifePoints Balanced Strat R5 has 7.2% of the portfolio in cash.

Assets Under Management

The fund has $15 million in total assets, which is below the $959 million average for the Global Moderate Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

RBLVX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Russell Inv LifePoints Balanced Strat R5 expense ratio is high compared to funds in the Global Moderate Allocation category. Russell Inv LifePoints Balanced Strat R5 has an expense ratio of 1.43%, which is 37% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Russell Inv LifePoints Balanced Strat R5 has a portfolio turnover rate of 25%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 65% for the Global Moderate Allocation category.

Recently, in the month of August 2026, Russell Inv LifePoints Balanced Strat R5 returned 1.2%, which earned it a grade of F, as the Global Moderate Allocation category had an average return of 1.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Russell Inv LifePoints Balanced Strat R5 has a trailing yield of 2.42%, which is below the 2.59% category average. The fund normally distributes its income quarterly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Russell Inv LifePoints Balanced Strat R5 Grades

Year to date, the fund has returned 8.2%, 1.7 percentage points worse than the category, which translates into a grade of D. The fund has returned 13.1% over the past year (grade of D), 12.6% over the past three years (grade of D) and 5.6% per year over the past five years (grade of C) and 6.1% per year over the past 10 years (grade of F).

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