Russell Investments US Small Cap Equity S Fund RLESX seeks capital appreciation for the long run. RLESX normally invests a bulk of its assets in equity securities of small-cap companies, which are economically based in the U.S. According to RLESX’s management, small-cap companies are those which are either included in the Russell 2000 Index or those whose market-cap falls within the range of the Russell 2000 Index.This Mid Cap Blend product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 6.6% and 5 year 12.9%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.The Russell Investments US Small Cap Equity S fund, as of the last filing, allocates their fund in top two major groups; Small Growth and Small Value. Further, as of the last filing, Babcock & Wilcox Company, Five9 Inc and US Concrete Inc were the top holdings for RLESX.This Zacks Rank #3 (Hold) was incepted in September 2008 and is managed by Russell Funds. RLESX carries an expense ratio of 0.96% and requires a minimal initial investment of $0.Want key mutual fund info delivered straight to your inbox?Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>View All Zacks #1 Ranked Mutual FundsWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (RLESX): Fund Analysis Report To read this article on Zacks.com click here. Zacks Investment Research