RUSSELL INVESTMENT CO Form N-Q Filed 2013-09-27
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SECURITIES AND EXCHANGE COMMISSION FORM N-Q Quarterly schedule of portfolio holdings of registered management investment company filed on Form N-Q Filing Date: 2013-09-27 | Period of Report: 2013-07-31 SEC Accession No. 0001193125-13-381879 (HTML Version on secdatabase.com) FILER RUSSELL INVESTMENT CO Mailing Address Business Address 1301 SECOND AVENUE 1301 SECOND AVENUE CIK:351601| IRS No.: 911151059 | State of Incorp.:MA | Fiscal Year End: 1031 18TH FLOOR 18TH FLOOR Type: N-Q | Act: 40 | File No.: 811-03153 | Film No.: 131119267 SEATTLE WA 98101 SEATTLE WA 98101 800-787-7354 Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents OMB APPROVAL OMB Number: 3235-0578 Expires: January 31, 2016 Estimated average burden 10.5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number: 811-03153 Russell Investment Company (Exact name of registrant as specified in charter) 1301 2nd Avenue 18th Floor, Seattle Washington 98101 (Address of principal executive offices) (Zip code) Mary Beth Rhoden Albaneze, Secretary and Chief Legal Officer 1301 2nd Avenue 18th Floor Seattle, Washington 98101 206-505-4846 (Name and address of agent for service) Registrants telephone number, including area code: 206-505-7877 Date of fiscal year end: October 31 Date of reporting period: May 1, 2013 July 31, 2013 Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents Item 1. Schedule of Investments Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents 2013 QUARTERLY REPORT Russell Funds JULY 31, 2013 FUND SHARE CLASS U.S. Equity Funds Russell U.S. Core Equity Fund A, C, E, I, S, Y Russell U.S. Defensive Equity Fund (formerly, Russell U.S. Quantitative Fund) A, C, E, I, S, Y Russell U.S. Dynamic Equity Fund (formerly, Russell U.S. Growth Fund) A, C, E, I, S, Y Russell U.S. Strategic Equity Fund A, C, E, S Russell U.S. Large Cap Equity Fund A, C, S Russell U.S. Mid Cap Equity Fund A, C, S Russell U.S. Small Cap Equity Fund A, C, E, I, S, Y International and Global Equity Funds Russell International Developed Markets Fund A, C, E, I, S, Y Russell Global Equity Fund A, C, E, S, Y Russell Emerging Markets Fund A, C, E, S, Y Tax-Managed Equity Funds Russell Tax-Managed U.S. Large Cap Fund A, C, E, S Russell Tax-Managed U.S. Mid & Small Cap Fund A, C, E, S Taxable Fixed Income Funds Russell Global Opportunistic Credit Fund A, C, E, S, Y Russell Strategic Bond Fund A, C, E, I, S, Y Russell Investment Grade Bond Fund A, C, E, I, S, Y Russell Short Duration Bond Fund A, C, E, S, Y Tax Exempt Fixed Income Funds Russell Tax Exempt Bond Fund A, C, E, S Alternative and Specialty Funds Russell Commodity Strategies Fund A, C, E, S, Y Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Russell Global Infrastructure Fund A, C, E, S, Y Russell Global Real Estate Securities Fund A, C, E, S, Y Russell Multi-Strategy Alternative Fund A, C, E, S, Y Russell Strategic Call Overwriting Fund S Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents Russell Investment Company Russell Investment Company is a series investment company with 39 different investment portfolios referred to as Funds. This Quarterly Report reports on 22 of these Funds. Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents Russell Investment Company Russell Funds Quarterly Report July 31, 2013 (Unaudited) Table of Contents Page Russell U.S. Core Equity Fund 3 Russell U.S. Defensive Equity Fund 8 Russell U.S. Dynamic Equity Fund 13 Russell U.S. Strategic Equity Fund 18 Russell U.S. Large Cap Equity Fund 24 Russell U.S. Mid Cap Equity Fund 29 Russell U.S. Small Cap Equity Fund 33 Russell International Developed Markets Fund 44 Russell Global Equity Fund 60 Russell Emerging Markets Fund 71 Russell Tax-Managed U.S. Large Cap Fund 86 Russell Tax-Managed U.S. Mid & Small Cap Fund 90 Russell Global Opportunistic Credit Fund 96 Russell Strategic Bond Fund 114 Russell Investment Grade Bond Fund 154 Russell Short Duration Bond Fund 184 Russell Tax Exempt Bond Fund 209 Russell Commodity Strategies Fund 220 Russell Global Infrastructure Fund 225 Russell Global Real Estate Securities Fund 234 Russell Multi-Strategy Alternative Fund 243 Russell Strategic Call Overwriting Fund 276 Notes to Schedules of Investments 283 Notes to Quarterly Report 285 Shareholder Requests for Additional Information 305 Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents Russell Investment Company - Russell Funds. Copyright © Russell Investments 2013. All rights reserved. Russell Investments is a Washington, USA corporation, which operates through subsidiaries worldwide and is a subsidiary of The Northwestern Mutual Life Insurance Company. Fund objectives, risks, charges and expenses should be carefully considered before investing. A prospectus containing this and other important information must precede or accompany this material. Please read the prospectus carefully before investing. Securities distributed through Russell Financial Services, Inc., member FINRA and part of Russell Investments. Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents Russell Investment Company Russell U.S. Core Equity Fund Schedule of Investments July 31, 2013 (Unaudited) Amounts in thousands (except share amounts) Principal Fair Principal Fair Amount ($) Value Amount ($) Value or Shares $ or Shares $ Viacom, Inc. Class B 188,622 13,726 Common Stocks - 95.9% Wal-Mart Stores, Inc. 76,830 5,988 Consumer Discretionary - 14.6% Walt Disney Co. (The) 131,596 8,508 Aarons, Inc. Class A 23,700 679 Whirlpool Corp. 30,569 4,095 Abercrombie & Fitch Co. Class A 74,800 3,730 Yum! Brands, Inc. 194,689 14,197 Advance Auto Parts, Inc. 31,700 2,615 321,970 Amazon.com, Inc. (Æ) 20,864 6,285 AMC Networks, Inc. Class A (Æ) 12,700 867 Consumer Staples - 6.2% Altria Group, Inc. 155,953 5,468 AutoZone, Inc. (Æ)(Ñ) 3,650 1,637 Bunge, Ltd. 16,500 1,254 Avon Products, Inc. 115,503 2,640 Church & Dwight Co., Inc. 41,320 2,632 Carnival Corp. 50,040 1,853 Coca-Cola Co. (The) 703,784 28,208 CBS Corp. Class B 58,700 3,102 Colgate-Palmolive Co. 289,400 17,326 Comcast Corp. Class A (Æ) 217,469 9,804 ConAgra Foods, Inc. 104,500 3,784 Costco Wholesale Corp. 45,552 5,343 CVS Caremark Corp. 133,174 8,189 Cracker Barrel Old Country Store, Inc. 6,100 597 Flowers Foods, Inc. 55,050 1,264 DIRECTV (Æ) 29,497 1,866 General Mills, Inc. 8,139 423 Discovery Communications, Inc. Hershey Co. (The) 33,700 3,197 Class A (Æ) 20,300 1,618 Kellogg Co. 3,301 219 Dollar Tree, Inc. (Æ) 58,400 3,133 Kimberly-Clark Corp. 4,861 480 eBay, Inc. (Æ) 480,910 24,858 Kraft Foods Group, Inc. (Æ) 17,700 1,001 Estee Lauder Cos., Inc. (The) Class A 50,464 3,313 Kroger Co. (The) 44,300 1,740 Express, Inc. (Æ) 14,900 336 Lorillard, Inc. 43,590 1,854 Foot Locker, Inc. 20,400 737 Mondelez International, Inc. Class A 137,032 4,285 Ford Motor Co. 559,950 9,452 PepsiCo, Inc. 19,658 1,642 GameStop Corp. Class A (Ñ) 24,400 1,197 Philip Morris International, Inc. 134,191 11,967 General Motors Co. (Æ) 212,100 7,608 Procter & Gamble Co. (The) 264,941 21,275 Hanesbrands, Inc. 60,700 3,852 Reynolds American, Inc. 3,952 195 Harman International Industries, Inc. 13,600 823 Rite Aid Corp. (Æ) 30,000 90 Hertz Global Holdings, Inc. (Æ) 341,812 8,754 Sysco Corp. 291,325 10,054 Home Depot, Inc. 86,305 6,821 TreeHouse Foods, Inc. (Æ) 5,000 355 Jack in the Box, Inc. (Æ) 56,600 2,269 Tyson Foods, Inc. Class A 28,600 790 Johnson Controls, Inc. 329,150 13,235 Walgreen Co. 182,815 9,186 Las Vegas Sands Corp. 135,687 7,540 Lennar Corp. Class A (Ñ) 55,390 1,876 136,878 LG Display Co., Ltd. - ADR (Ñ) 20,350 252 Energy - 10.1% Lowes Cos., Inc. 306,960 13,684 Anadarko Petroleum Corp. 1,500 133 Marriott International, Inc. Class A 82,380 3,425 Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Marriott Vacations Worldwide Corp. (Æ) 12,800 563 Arch Coal, Inc. (Ñ) 910,075 3,549 McDonalds Corp. 117,514 11,526 Atwood Oceanics, Inc. (Æ) 6,300 355 Meritage Homes Corp. (Æ) 32,820 1,486 BP PLC - ADR 120,200 4,981 Michael Kors Holdings, Ltd. (Æ) 76,884 5,177 Cabot Oil & Gas Corp. 48,058 3,644 Nike, Inc. Class B 106,951 6,729 Chesapeake Energy Corp. 250,465 5,836 NVR, Inc. (Æ) 471 436 Chevron Corp. 160,772 20,240 Orient-Express Hotels, Ltd. Class A (Æ) 60,780 760 Cimarex Energy Co. 4,900 375 Panera Bread Co. Class A (Æ) 12,710 2,123 ConocoPhillips 165,645 10,744 PetSmart, Inc.