Fund Evaluator:

Russell Inv International Devd Mkts Y Overview

Russell Inv International Devd Mkts Y (RINYX) is an actively managed International Equity Foreign Large Blend fund. Russell launched the fund in 2000.

The investment seeks to provide long-term capital growth. The fund has a non-fundamental policy to invest, under normal circumstances, at least 80% of the value of its net assets plus borrowings for investment purposes in companies that are located in countries (other than the U.S.) with developed markets or that are economically tied to such countries. The fund invests principally in equity securities, including common stocks and preferred stocks, issued by companies incorporated in developed markets outside the U.S. and in depositary receipts. The fund's securities are denominated principally in foreign currencies and are typically held outside the U.S.

About Russell Inv International Devd Mkts Y (RINYX)

There are 2 members of the management team with an average tenure of 7.89 years: Jon Eggins (2015), Jordan McCall (2022). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: MSCI World ex USA NR USD index with a weighting of 100%. Russell Inv International Devd Mkts Y has 574 securities in its portfolio. The top 10 holdings constitute 27.3% 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 International Devd Mkts Y is part of the Equity global asset class and is within the International Equity fund group. Russell Inv International Devd Mkts Y has 102.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 2.2%. There is 102.8% allocated to foreign stock, and 0.9% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Russell Inv International Devd Mkts Y has -5.9% of the portfolio in cash.

Assets Under Management

The fund has $53 million in total assets, which is below the $2 billion average for the Foreign Large Blend 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.

RINYX 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 International Devd Mkts Y expense ratio is high compared to funds in the Foreign Large Blend category. Russell Inv International Devd Mkts Y has an expense ratio of 0.81%, which is 14% lower than its category average, making the fund expense ratio grade a B. 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 International Devd Mkts Y has a portfolio turnover rate of 32%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Foreign Large Blend category.

Recently, in the month of July 2026, Russell Inv International Devd Mkts Y returned 3.2%, which earned it a grade of A, as the Foreign Large Blend category had an average return of 0.7%. 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 International Devd Mkts Y has a trailing yield of 0.95%, which is below the 2.17% category average. The fund normally distributes its income annually 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 International Devd Mkts Y Grades

Year to date, the fund has returned 10.8%, 0.9 percentage points worse than the category, which translates into a grade of D. The fund has returned 22.8% over the past year (grade of D), 14.4% over the past three years (grade of D) and 8.3% per year over the past five years (grade of C) and 8.7% per year over the past 10 years (grade of D).

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