U.S. EQUITY FUNDS | Summary Prospectus | Prospectus | Statement of additional information | Semiannual report | Annual report | Quarterly holdings report | XBRL |

U.S. Core Equity Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Information Statements and Notices |

U.S. Defensive Equity Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Information Statements and Notices |

U.S. Dynamic Equity Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Information Statements and Notices |

U.S. Strategic Equity Fund |

A, A2, A3, C, C1, E, M, R6, S, T Shares | | | | | | | |

Information Statements and Notices |

U.S. Large Cap Equity Fund |

A, A2, A3, C, C1, M, R6, S, T Shares | | | | | | | |

Information Statements and Notices |

U.S. Mid Cap Equity Fund |

A, A2, A3, C, C1, M, R6, S, T Shares | | | | | | | |

Information Statements and Notices |

U.S. Small Cap Equity Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Information Statements and Notices |

INTERNATIONAL & GLOBAL EQUITY FUNDS | Summary Prospectus | Prospectus | Statement of additional information | Semiannual report | Annual report | Quarterly holdings report | XBRL |

International Developed Markets Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Information Statements and Notices |

Global Equity Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Information Statements and Notices |

Emerging Markets Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

TAX-MANAGED EQUITY FUNDS | Summary Prospectus | Prospectus | Statement of additional information | Semiannual report | Annual report | Quarterly holdings report | XBRL |

Tax-Managed U.S. Large Cap Fund |

A, A2, A3, C, C1, E, M, S, T Shares | | | | | | | |

Information Statements and Notices |

Tax-Managed U.S. Mid & Small Cap Fund |

A, A2, A3, C, C1, E, M, S, T Shares | | | | | | | |

Information Statements and Notices |

Tax-Managed International Equity Fund |

A, A2, A3, C, C1, E, M, S, T Shares | | | | | | | |

Information Statements and Notices |

FIXED INCOME FUNDS | Summary Prospectus | Prospectus | Statement of additional information | Semiannual report | Annual report | Quarterly holdings report | XBRL |

Global Opportunistic Credit Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Information Statements and Notices |

Unconstrained Total Return Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Information Statements and Notices |

Strategic Bond Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Information Statements and Notices |

Investment Grade Bond Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Information Statements and Notices |

Short Duration Bond Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

TAX-EXEMPT FIXED INCOME FUNDS | Summary Prospectus | Prospectus | Statement of additional information | Semiannual report | Annual report | Quarterly holdings report | XBRL |

Tax-Exempt High Yield Bond Fund |

A, A2, A3, C, C1, E, M, S, T Shares | | | | | | | |

Information Statements and Notices |

Tax-Exempt Bond Fund |

A, A2, A3, C, C1, E, M, S, T Shares | | | | | | | |

Information Statements and Notices |

ALTERNATIVE FUNDS | Summary Prospectus | Prospectus | Statement of additional information | Semiannual report | Annual report | Quarterly holdings report | XBRL |

Commodity Strategies Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Information Statements and Notices |

Global Infrastructure Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Information Statements and Notices |

Global Real Estate Securities Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Information Statements and Notices |

SPECIALTY FUNDS | Summary Prospectus | Prospectus | Statement of additional information | Semiannual report | Annual report | Quarterly holdings report | XBRL |

Multi-Strategy Income Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Information Statements and Notices |

Multi-Asset Growth Strategy Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | -- | | |

Information Statements and Notices |

Strategic Call Overwriting Fund |

A, A2, A3, C, C1, E, M, R6, S, T Shares | | | | | | | |

MULTIFACTOR FUNDS | Summary Prospectus | Prospectus | Statement of additional information | Semiannual report | Annual report | Quarterly holdings report | XBRL |

Multifactor U.S. Equity Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Multifactor International Equity Fund |

A, A2, A3, C, C1, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | | | | |

Multifactor Bond Fund |

A, C, E, M, R6, S, T, Y Shares | | Purchase of Class Y Shares requires a current selling agreement with Russell and there is a $10 million required minimum initial investment for each account in each Fund. | | -- | -- | -- | |

LIFEPOINTSÂ® FUNDS TARGET PORTFOLIO SERIES | Summary Prospectus | Prospectus | Statement of additional information | Semiannual report | Annual report | Quarterly holdings report | XBRL |

Conservative Strategy Fund |

A, A2, A3, C, C1, E, M, R1, R4, R5, S, T Shares | | | | | | | |

Information Statements and Notices |

Moderate Strategy Fund |

A, A2, A3, C, C1, E, M, R1, R4, R5, S, T Shares | | | | | | | |

Information Statements and Notices |

Balanced Strategy Fund |

A, A2, A3, C, C1, E, M, R1, R4, R5, S, T Shares | | | | | | | |

Information Statements and Notices |

Growth Strategy Fund |

A, A2, A3, C, C1, E, M, R1, R4, R5, S, T Shares | | | | | | | |

Information Statements and Notices |

Equity Growth Strategy Fund |

A, A2, A3, C, C1, E, M, R1, R4, R5, S, T Shares | | | | | | | |