# EDGAR Filing Document

**Accession Number:** 0000351601
**File Stem:** 0001410368-25-040906
**Filing Date:** 2025-12
**Character Count:** 58391
**Document Hash:** adc5b23343b4083b86c65f65bac449ab
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-040906.hdr.sgml**: 20251222

**ACCESSION NUMBER**: 0001410368-25-040906

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251222

**DATE AS OF CHANGE**: 20251222

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RUSSELL INVESTMENT CO
- **CENTRAL INDEX KEY:** 0000351601

**ORGANIZATION NAME:**
- **EIN:** 911151059
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03153
- **FILM NUMBER:** 251591632

**BUSINESS ADDRESS:**
- **STREET 1:** 401 UNION STREET
- **STREET 2:** 18TH FLOOR
- **CITY:** SEATTLE
- **STATE:** WA
- **BUSINESS PHONE:** 800-787-7354

**MAIL ADDRESS:**
- **STREET 1:** 401 UNION STREET
- **STREET 2:** 18TH FLOOR
- **CITY:** SEATTLE
- **STATE:** WA

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RUSSELL FRANK INVESTMENT CO
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Global Infrastructure Fund (Series ID: S000029198)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000089834 | Class A      | RGIAX           |
| C000089835 | Class C      | RGCIX           |
| C000089837 | Class S      | RGISX           |
| C000089838 | Class Y      | RGIYX           |
| C000178385 | Class M      | RGFTX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** RUSSELL INVESTMENT CO

- **b. Investment Company Act file number:** 811-03153

- **c. CIK number of Registrant:** 0000351601

- **d. LEI of Registrant:** 549300J63VJ9OS4TCK93

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 401 Union Street

  - **City:** Seattle

  - **State:** WA

  - **Foreign country:** US

  - **Zip / Postal Code:** 98101

  - **Telephone number:** 800-787-7354

**Item A.2. Information about the Series.**

- **a. Name of Series:** Global Infrastructure Fund

- **b. EDGAR series identifier (if any):** S000029198

- **c. LEI of Series:** YLLCHFXPBQ1D4DCY1U29

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $347118240.27

**Total Liabilities:** $663630.46

**Net Assets:** $346454609.81

**Cash Not Reported:** $1241172.20

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000089834 | 1.77%                | 1.74%                | -1.05%               |
| Class ID C000089835 | 1.80%                | 1.67%                | -1.06%               |
| Class ID C000089837 | 1.86%                | 1.83%                | -1.08%               |
| Class ID C000089838 | 1.76%                | 1.83%                | -1.04%               |
| Class ID C000178385 | 1.77%                | 1.83%                | -1.06%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2142651.95              | $3247846.57                                |
| Month 2  | $1096629.31              | $4031852.10                                |
| Month 3  | $2169802.54              | $-5830475.59                               |

**Designated Index Information**

- **Index Name:** S&P Global Infrastructure Index USD

- **Index Identifier:** IDX000079

### Schedule of Portfolio Investments

| Name                                                                                                | Title                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| AES Corp/The                                                                                        | AES Corp                                           | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |     51665 | NS      | $716593.55    | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Alliant Energy Corp                                                                                 | Alliant Energy Corp                                | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     34305 | NS      | $2292260.10   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| AltaGas Ltd                                                                                         | AltaGas Ltd                                        | CUSIP: 021361100<br>LEI: 2549008X5V70MOS4HM10 | Long             | EC               | CORP              | CA        |     29351 | NS      | $861559.78    | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Kinetik Holdings Inc                                                                                | Kinetik Holdings Inc                               | CUSIP: 02215L209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7578 | NS      | $291828.78    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Ameren Corp                                                                                         | Ameren Corp                                        | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     19377 | NS      | $1976841.54   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| American Electric Power Co Inc                                                                      | American Electric Power Co Inc                     | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     55544 | NS      | $6679721.44   | 1.93%             |  |  |  | No            | 1                  | On Loan: No      |
| American Water Works Co Inc                                                                         | American Water Works Co Inc                        | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |      2633 | NS      | $338156.19    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Atmos Energy Corp                                                                                   | Atmos Energy Corp                                  | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |      3289 | NS      | $564787.08    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| SSE PLC                                                                                             | SSE PLC                                            | CUSIP: 000000000<br>LEI: 549300KI75VYLLMSK856 | Long             | EC               | CORP              | GB        |     46504 | NS      | $1170617.20   | 0.34%             |  |  |  | No            | 2                  | On Loan: No      |
| Black Hills Corp                                                                                    | Black Hills Corp                                   | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |      7075 | NS      | $448767.25    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| CMS Energy Corp                                                                                     | CMS Energy Corp                                    | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |      5809 | NS      | $427251.95    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| CSX Corp                                                                                            | CSX Corp                                           | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     66748 | NS      | $2404262.96   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Canadian National Railway Co                                                                        | Canadian National Railway Co                       | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |       580 | NS      | $55615.99     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Casella Waste Systems Inc                                                                           | Casella Waste Systems Inc                          | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |      8652 | NS      | $766307.64    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| CenterPoint Energy Inc                                                                              | CenterPoint Energy Inc                             | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |    113066 | NS      | $4323643.84   | 1.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Cheniere Energy Inc                                                                                 | Cheniere Energy Inc                                | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     39557 | NS      | $8386084.00   | 2.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Constellation Energy Corp                                                                           | Constellation Energy Corp                          | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |     18912 | NS      | $7129824.00   | 2.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Cia Paranaense de Energia - Copel                                                                   | Cia Paranaense de Energia - Copel                  | CUSIP: 000000000<br>LEI: 2549001AS1I9A71VG663 | Long             | EC               | CORP              | BR        |    261732 | NS      | $637795.24    | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Crown Castle Inc                                                                                    | Crown Castle Inc                                   | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               |  | US        |     29565 | NS      | $2667354.30   | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| DT Midstream Inc                                                                                    | DT Midstream Inc                                   | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35095 | NS      | $3842551.55   | 1.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Promotora y Operadora de Infraestructura SAB de CV                                                  | Promotora y Operadora de Infraestructura SAB de CV | CUSIP: 000000000<br>LEI: 52990035X6RK8DBUWA73 | Long             | EC               | CORP              | MX        |    120304 | NS      | $1558056.11   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Digital Realty Trust Inc                                                                            | Digital Realty Trust Inc                           | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               |  | US        |      4637 | NS      | $790191.17    | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Dominion Energy Inc                                                                                 | Dominion Energy Inc                                | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     53095 | NS      | $3116145.55   | 0.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Royal Bank of Canada                                                                                | PURCHASED AUD / SOLD USD                           | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DFE              |  | AU        |         1 | NC      | $-8502.91     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Royal Bank of Canada                                                                                | PURCHASED EUR / SOLD USD                           | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | N/A              | DFE              |  | XX        |         1 | NC      | $-26984.06    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. LLC                                                                            | PURCHASED AUD / SOLD USD                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              |  | AU        |         1 | NC      | $-7295.84     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Morgan Stanley & Co. LLC                                                                            | PURCHASED EUR / SOLD USD                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              |  | XX        |         1 | NC      | $-24658.40    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Bank of America NA                                                                                  | PURCHASED USD / SOLD AUD                           | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $2530.16      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Bank of America NA                                                                                  | PURCHASED USD / SOLD EUR                           | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $10844.17     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Bank of America NA                                                                                  | PURCHASED USD / SOLD EUR                           | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $4608.87      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Bank of America NA                                                                                  | PURCHASED USD / SOLD AUD                           | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $-995.09      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Bank of America NA                                                                                  | PURCHASED USD / SOLD EUR                           | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $1360.44      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Bank of America NA                                                                                  | PURCHASED USD / SOLD AUD                           | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $-1173.20     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Bank of America NA                                                                                  | PURCHASED HKD / SOLD USD                           | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | HK        |         1 | NC      | $-38.12       | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Grupo Aeroportuario del Sureste SAB de CV                                                           | Grupo Aeroportuario del Sureste SAB de CV          | CUSIP: 000000000<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |    221017 | NS      | $6685649.75   | 1.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Duke Energy Corp                                                                                    | Duke Energy Corp                                   | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     58326 | NS      | $7249921.80   | 2.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Enbridge Inc                                                                                        | Enbridge Inc                                       | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |     64508 | NS      | $3007362.96   | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Enbridge Inc                                                                                        | Enbridge Inc                                       | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |    145180 | NS      | $6769649.57   | 1.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Entergy Corp                                                                                        | Entergy Corp                                       | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     70694 | NS      | $6792986.46   | 1.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Equinix Inc                                                                                         | Equinix Inc                                        | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               |  | US        |      2638 | NS      | $2231774.38   | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Evergy Inc                                                                                          | Evergy Inc                                         | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     55378 | NS      | $4253584.18   | 1.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Eversource Energy                                                                                   | Eversource Energy                                  | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     37831 | NS      | $2792306.11   | 0.81%             |  |  |  | No            | 1                  | On Loan: No      |
| Exelon Corp                                                                                         | Exelon Corp                                        | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     25610 | NS      | $1181133.20   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| GFL Environmental Inc                                                                               | GFL Environmental Inc                              | CUSIP: 36168Q104<br>LEI: 894500E7NLBY9VZRT696 | Long             | EC               | CORP              | CA        |     10738 | NS      | $469143.22    | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Grupo Aeroportuario del Centro Norte SAB de CV                                                      | Grupo Aeroportuario del Centro Norte SAB de CV     | CUSIP: 400501102<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |     10012 | NS      | $987383.44    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Grupo Aeroportuario del Pacifico SAB de CV                                                          | Grupo Aeroportuario del Pacifico SAB de CV         | CUSIP: 400506101<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |     12179 | NS      | $2537129.28   | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| Grupo Aeroportuario del Sureste SAB de CV                                                           | Grupo Aeroportuario del Sureste SAB de CV          | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |      9887 | NS      | $2989235.58   | 0.86%             |  |  |  | No            | 1                  | On Loan: No      |
| Veolia Environnement SA                                                                             | Veolia Environnement SA                            | CUSIP: 000000000<br>LEI: 969500LENY69X51OOT31 | Long             | EC               | CORP              | FR        |     32370 | NS      | $1069345.57   | 0.31%             |  |  |  | No            | 2                  | On Loan: No      |
| IDACORP Inc                                                                                         | IDACORP Inc                                        | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |      2639 | NS      | $340483.78    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| RWE AG                                                                                              | RWE AG                                             | CUSIP: 000000000<br>LEI: 529900GB7KCA94ACC940 | Long             | EC               | CORP              | DE        |     60602 | NS      | $2980469.94   | 0.86%             |  |  |  | No            | 2                  | On Loan: No      |
| Keyera Corp                                                                                         | Keyera Corp                                        | CUSIP: 493271100<br>LEI: 254900LXI62FUHZGH122 | Long             | EC               | CORP              | CA        |     30042 | NS      | $886983.87    | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| E.ON SE                                                                                             | E.ON SE                                            | CUSIP: 000000000<br>LEI: Q9MAIUP40P25UFBFG033 | Long             | EC               | CORP              | DE        |     87331 | NS      | $1624599.83   | 0.47%             |  |  |  | No            | 2                  | On Loan: No      |
| Kinder Morgan Inc                                                                                   | Kinder Morgan Inc                                  | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    132898 | NS      | $3480598.62   | 1.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Koninklijke Vopak NV                                                                                | Koninklijke Vopak NV                               | CUSIP: 000000000<br>LEI: 724500UL634GFV1KYF10 | Long             | EC               | CORP              | NL        |     10815 | NS      | $489640.88    | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| Central Japan Railway Co                                                                            | Central Japan Railway Co                           | CUSIP: 000000000<br>LEI: 353800YAR3OVUITHTG64 | Long             | EC               | CORP              | JP        |     13100 | NS      | $319698.20    | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| Chubu Electric Power Co Inc                                                                         | Chubu Electric Power Co Inc                        | CUSIP: 000000000<br>LEI: 529900A76GOP0PGNHT63 | Long             | EC               | CORP              | JP        |     26400 | NS      | $366759.54    | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| Transurban Group                                                                                    | Transurban Group                                   | CUSIP: 000000000<br>LEI: 549300ZR71SUQ4VUTM79 | Long             | EC               | CORP              | AU        |   1723443 | NS      | $16310881.21  | 4.71%             |  |  |  | No            | 2                  | On Loan: No      |
| Beijing Capital International Airport Co Ltd                                                        | Beijing Capital International Airport Co Ltd       | CUSIP: 000000000<br>LEI: 5299001QWQN7CK66FE04 | Long             | EC               | CORP              | CN        |   4224000 | NS      | $1516994.14   | 0.44%             |  |  |  | No            | 2                  | On Loan: No      |
| NRG Energy Inc                                                                                      | NRG Energy Inc                                     | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      7602 | NS      | $1306479.72   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| ENN Energy Holdings Ltd                                                                             | ENN Energy Holdings Ltd                            | CUSIP: 000000000<br>LEI: 549300V7BXPWT6WIPR03 | Long             | EC               | CORP              | KY        |    201182 | NS      | $1752336.37   | 0.51%             |  |  |  | No            | 2                  | On Loan: No      |
| COSCO SHIPPING Ports Ltd                                                                            | COSCO SHIPPING Ports Ltd                           | CUSIP: 000000000<br>LEI: 5299008QX6KA3JHWK507 | Long             | EC               | CORP              | BM        |    936000 | NS      | $690223.20    | 0.20%             |  |  |  | No            | 2                  | On Loan: No      |
| National Grid PLC                                                                                   | National Grid PLC                                  | CUSIP: 636274409<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |      6763 | NS      | $508915.75    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Power Assets Holdings Ltd                                                                           | Power Assets Holdings Ltd                          | CUSIP: 000000000<br>LEI: 254900JOWYUW1ZX4DF47 | Long             | EC               | CORP              | HK        |    100000 | NS      | $634822.49    | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| International Container Terminal Services Inc                                                       | International Container Terminal Services Inc      | CUSIP: 000000000<br>LEI: 254900FU1MWK0I0Q4J61 | Long             | EC               | CORP              | PH        |    167475 | NS      | $1506981.46   | 0.43%             |  |  |  | No            | 2                  | On Loan: No      |
| Infratil Ltd                                                                                        | Infratil Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | NZ        |     77023 | NS      | $544858.49    | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| Japan Airport Terminal Co Ltd                                                                       | Japan Airport Terminal Co Ltd                      | CUSIP: 000000000<br>LEI: 353800W9WEQSGUY2EO26 | Long             | EC               | CORP              | JP        |    141500 | NS      | $4392912.24   | 1.27%             |  |  |  | No            | 2                  | On Loan: No      |
| NextEra Energy Inc                                                                                  | NextEra Energy Inc                                 | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    203596 | NS      | $16572714.40  | 4.78%             |  |  |  | No            | 1                  | On Loan: No      |
| NiSource Inc                                                                                        | NiSource Inc                                       | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     72898 | NS      | $3069734.78   | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Norfolk Southern Corp                                                                               | Norfolk Southern Corp                              | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      8832 | NS      | $2502812.16   | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Osaka Gas Co Ltd                                                                                    | Osaka Gas Co Ltd                                   | CUSIP: 000000000<br>LEI: 353800024KMNOPQRWZ02 | Long             | EC               | CORP              | JP        |     11500 | NS      | $361137.37    | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| ONEOK Inc                                                                                           | ONEOK Inc                                          | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     94740 | NS      | $6347580.00   | 1.83%             |  |  |  | No            | 1                  | On Loan: No      |
| Tenaga Nasional Bhd                                                                                 | Tenaga Nasional Bhd                                | CUSIP: 000000000<br>LEI: 549300FV8X6UID6I1413 | Long             | EC               | CORP              | MY        |    262800 | NS      | $832795.32    | 0.24%             |  |  |  | No            | 2                  | On Loan: No      |
| PG&E Corp                                                                                           | PG&E Corp                                          | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    114515 | NS      | $1827659.40   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| PPL Corp                                                                                            | PPL Corp                                           | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |      1719 | NS      | $62777.88     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| West Japan Railway Co                                                                               | West Japan Railway Co                              | CUSIP: 000000000<br>LEI: 353800QGUXHZ7EBCR121 | Long             | EC               | CORP              | JP        |     35000 | NS      | $717678.79    | 0.21%             |  |  |  | No            | 2                  | On Loan: No      |
| Zhejiang Expressway Co Ltd                                                                          | Zhejiang Expressway Co Ltd                         | CUSIP: 000000000<br>LEI: 213800X1ZRKM85U9H438 | Long             | EC               | CORP              | CN        |    630000 | NS      | $614183.58    | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| Pembina Pipeline Corp                                                                               | Pembina Pipeline Corp                              | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |     40732 | NS      | $1540936.09   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Fraport AG Frankfurt Airport Services Worldwide                                                     | Fraport AG Frankfurt Airport Services Worldwide    | CUSIP: 000000000<br>LEI: 5299001ERX0K10IZUL40 | Long             | EC               | CORP              | DE        |     21519 | NS      | $1840339.05   | 0.53%             |  |  |  | No            | 2                  | On Loan: No      |
| Enel SpA                                                                                            | Enel SpA                                           | CUSIP: 000000000<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | EC               | CORP              | IT        |    594972 | NS      | $6015416.37   | 1.74%             |  |  |  | No            | 2                  | On Loan: No      |
| Public Service Enterprise Group Inc                                                                 | Public Service Enterprise Group Inc                | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     44487 | NS      | $3583872.72   | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Hera SpA                                                                                            | Hera SpA                                           | CUSIP: 000000000<br>LEI: 8156009414FD99443B48 | Long             | EC               | CORP              | IT        |    569171 | NS      | $2552058.48   | 0.74%             |  |  |  | No            | 2                  | On Loan: No      |
| Republic Services Inc                                                                               | Republic Services Inc                              | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |      7946 | NS      | $1654675.04   | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| Russell Investments Trust Company Commingled Employee Benefit Funds Trust-U.S. Cash Management Fund | U.S. Cash Management Fund                          | CUSIP: 000000000<br>LEI: 845SLB3N6EI7ZN7PZ398 | Long             | STIV             | PF                | US        |   6629353 | NS      | $6628027.18   | 1.91%             |  |  |  | No            | N/A                | On Loan: No      |
| Rockpoint Gas Storage Inc                                                                           | Rockpoint Gas Storage Inc                          | CUSIP: 773915103<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     29688 | NS      | $548652.78    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| SBA Communications Corp                                                                             | SBA Communications Corp                            | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               |  | US        |      5151 | NS      | $986313.48    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Sempra                                                                                              | Sempra                                             | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |    119903 | NS      | $11023881.82  | 3.18%             |  |  |  | No            | 1                  | On Loan: No      |
| South Bow Corp                                                                                      | South Bow Corp                                     | CUSIP: 83671M105<br>LEI: 2549000XS5TAFA3YF943 | Long             | EC               | CORP              | CA        |     10923 | NS      | $283325.90    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Spire Inc                                                                                           | Spire Inc                                          | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |      4633 | NS      | $400291.20    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Targa Resources Corp                                                                                | Targa Resources Corp                               | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     37228 | NS      | $5734601.12   | 1.66%             |  |  |  | No            | 1                  | On Loan: No      |
| TC Energy Corp                                                                                      | TC Energy Corp                                     | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |     86158 | NS      | $4323410.96   | 1.25%             |  |  |  | No            | 1                  | On Loan: No      |
| UGI Corp                                                                                            | UGI Corp                                           | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |     32343 | NS      | $1081226.49   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Union Pacific Corp                                                                                  | Union Pacific Corp                                 | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      5157 | NS      | $1136448.09   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Venture Global Inc                                                                                  | Venture Global Inc                                 | CUSIP: 92333F101<br>LEI: 2549007XC91CAB3E0N98 | Long             | EC               | CORP              | US        |     32721 | NS      | $280418.97    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Vistra Corp                                                                                         | Vistra Corp                                        | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     14907 | NS      | $2806988.10   | 0.81%             |  |  |  | No            | 1                  | On Loan: No      |
| WEC Energy Group Inc                                                                                | WEC Energy Group Inc                               | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     22324 | NS      | $2494260.52   | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Waste Connections Inc                                                                               | Waste Connections Inc                              | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |      6654 | NS      | $1115742.72   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Waste Connections Inc                                                                               | Waste Connections Inc                              | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |      1232 | NS      | $206617.26    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Waste Management Inc                                                                                | Waste Management Inc                               | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     18527 | NS      | $3701138.79   | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Williams Cos Inc/The                                                                                | Williams Cos Inc/The                               | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    116151 | NS      | $6721658.37   | 1.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Flughafen Zurich AG                                                                                 | Flughafen Zurich AG                                | CUSIP: 000000000<br>LEI: 529900PFO97GCN5SYB55 | Long             | EC               | CORP              | CH        |     21002 | NS      | $6198991.95   | 1.79%             |  |  |  | No            | 2                  | On Loan: No      |
| Xcel Energy Inc                                                                                     | Xcel Energy Inc                                    | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |    100108 | NS      | $8125766.36   | 2.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Infrastrutture Wireless Italiane SpA                                                                | Infrastrutture Wireless Italiane SpA               | CUSIP: 000000000<br>LEI: 81560066183FE361C071 | Long             | EC               | CORP              | IT        |    119705 | NS      | $1314204.61   | 0.38%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Cleanaway Waste Management Ltd                                                                      | Cleanaway Waste Management Ltd                     | CUSIP: 000000000<br>LEI: 549300D5C72CV6CIBS66 | Long             | EC               | CORP              | AU        |    483808 | NS      | $805453.45    | 0.23%             |  |  |  | No            | 2                  | On Loan: No      |
| Enav SpA                                                                                            | Enav SpA                                           | CUSIP: 000000000<br>LEI: 81560048ECF8D2059980 | Long             | EC               | CORP              | IT        |     76543 | NS      | $399926.38    | 0.12%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Atlas Arteria Ltd                                                                                   | Atlas Arteria Ltd                                  | CUSIP: 000000000<br>LEI: 254900SGF4ZQDBH2YC59 | Long             | EC               | CORP              | AU        |   1608973 | NS      | $5107988.77   | 1.47%             |  |  |  | No            | 2                  | On Loan: No      |
| Ferrovial SE                                                                                        | Ferrovial SE                                       | CUSIP: 000000000<br>LEI: 72450022R2ZFL41Y6I04 | Long             | EC               | CORP              | NL        |     18034 | NS      | $1107746.98   | 0.32%             |  |  |  | No            | 2                  | On Loan: No      |
| Motiva Infraestrutura de Mobilidade SA                                                              | Motiva Infraestrutura de Mobilidade SA             | CUSIP: 000000000<br>LEI: 254900H4EUL83CCQ6781 | Long             | EC               | CORP              | BR        |    341305 | NS      | $1007430.07   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Aena SME SA                                                                                         | Aena SME SA                                        | CUSIP: 000000000<br>LEI: 959800R7QMXKF0NFMT29 | Long             | EC               | CORP              | ES        |    450861 | NS      | $12238580.75  | 3.53%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Eurex Deutschland                                                                                   | EURO STOXX 50 DEC25                                | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               |  | DE        |        23 | NC      | $57877.26     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| ICE Futures U.S., Inc.                                                                              | MSCI EMGMKT DEC25                                  | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DE               |  | US        |         8 | NC      | $24745.12     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| ASX Clear (Futures)                                                                                 | SPI 200 FUTURES DEC25                              | CUSIP: 000000000<br>LEI: 549300ZD7BBOVZFVHK49 | N/A              | DE               |  | AU        |         6 | NC      | $-1780.35     | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                                                                         | XAE ENERGY DEC25                                   | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         9 | NC      | $-522.09      | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                                                                         | XAU UTILITIES DEC25                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        38 | NC      | $132885.62    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| SES SA                                                                                              | SES SA                                             | CUSIP: 000000000<br>LEI: 5493008JPA4HYMH1HX51 | Long             | EC               | CORP              | LU        |     33492 | NS      | $256551.36    | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Sembcorp Industries Ltd                                                                             | Sembcorp Industries Ltd                            | CUSIP: 000000000<br>LEI: 254900J0FF14U6TPQM96 | Long             | EC               | CORP              | SG        |    194600 | NS      | $974102.17    | 0.28%             |  |  |  | No            | 2                  | On Loan: No      |
| Engie SA                                                                                            | Engie SA                                           | CUSIP: 000000000<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | EC               | CORP              | FR        |     75463 | NS      | $1765902.27   | 0.51%             |  |  |  | No            | 2                  | On Loan: No      |
| Grupo Aeroportuario del Pacifico SAB de CV                                                          | Grupo Aeroportuario del Pacifico SAB de CV         | CUSIP: 000000000<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |    383088 | NS      | $7985493.43   | 2.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Equatorial Energia SA                                                                               | Equatorial Energia SA                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     30477 | NS      | $207619.41    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Aeroports de Paris SA                                                                               | Aeroports de Paris SA                              | CUSIP: 000000000<br>LEI: 969500PJMBSFHYC37989 | Long             | EC               | CORP              | FR        |     68294 | NS      | $9377182.88   | 2.71%             |  |  |  | No            | 2                  | On Loan: No      |
| Severn Trent PLC                                                                                    | Severn Trent PLC                                   | CUSIP: 000000000<br>LEI: 213800RPBXRETY4A4C59 | Long             | EC               | CORP              | GB        |     20041 | NS      | $732208.39    | 0.21%             |  |  |  | No            | 2                  | On Loan: No      |
| Grupo Aeroportuario del Centro Norte SAB de CV                                                      | Grupo Aeroportuario del Centro Norte SAB de CV     | CUSIP: 000000000<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |     74075 | NS      | $912814.84    | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Qube Holdings Ltd                                                                                   | Qube Holdings Ltd                                  | CUSIP: 000000000<br>LEI: 391200RT2MUFEO3RFW25 | Long             | EC               | CORP              | AU        |   1379961 | NS      | $3961285.91   | 1.14%             |  |  |  | No            | 2                  | On Loan: No      |
| Vinci SA                                                                                            | Vinci SA                                           | CUSIP: 000000000<br>LEI: 213800WFQ334R8UXUG83 | Long             | EC               | CORP              | FR        |     14573 | NS      | $1950276.39   | 0.56%             |  |  |  | No            | 2                  | On Loan: No      |
| Iberdrola SA                                                                                        | Iberdrola SA                                       | CUSIP: 000000000<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |    211229 | NS      | $4276579.52   | 1.23%             |  |  |  | No            | 2                  | On Loan: No      |
| Getlink SE                                                                                          | Getlink SE                                         | CUSIP: 000000000<br>LEI: 9695007ZEQ7M0OE74G82 | Long             | EC               | CORP              | FR        |    556474 | NS      | $10155553.33  | 2.93%             |  |  |  | No            | 2                  | On Loan: No      |
| United Utilities Group PLC                                                                          | United Utilities Group PLC                         | CUSIP: 000000000<br>LEI: 2138002IEYQAOC88ZJ59 | Long             | EC               | CORP              | GB        |     99624 | NS      | $1571260.78   | 0.45%             |  |  |  | No            | 2                  | On Loan: No      |
| NEXTDC Ltd                                                                                          | NEXTDC Ltd                                         | CUSIP: 000000000<br>LEI: 529900RTERU3X7G3D672 | Long             | EC               | CORP              | AU        |     21246 | NS      | $218200.23    | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Italgas SpA                                                                                         | Italgas SpA                                        | CUSIP: 000000000<br>LEI: 815600F25FF44EF1FA76 | Long             | EC               | CORP              | IT        |     50502 | NS      | $529200.56    | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| Redeia Corp SA                                                                                      | Redeia Corp SA                                     | CUSIP: 000000000<br>LEI: 5493009HMD0C90GUV498 | Long             | EC               | CORP              | ES        |     79722 | NS      | $1433535.11   | 0.41%             |  |  |  | No            | 2                  | On Loan: No      |
| National Grid PLC                                                                                   | National Grid PLC                                  | CUSIP: 000000000<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |    666307 | NS      | $9966237.39   | 2.88%             |  |  |  | No            | 2                  | On Loan: No      |
| Auckland International Airport Ltd                                                                  | Auckland International Airport Ltd                 | CUSIP: 000000000<br>LEI: 549300HFZIZDJWB7AK60 | Long             | EC               | CORP              | NZ        |   1089806 | NS      | $5059567.77   | 1.46%             |  |  |  | No            | 2                  | On Loan: No      |
| Tokyo Metro Co Ltd                                                                                  | Tokyo Metro Co Ltd                                 | CUSIP: 000000000<br>LEI: 35380049N9IQPZ74JY58 | Long             | EC               | CORP              | JP        |     53500 | NS      | $562090.99    | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| China Tower Corp Ltd                                                                                | China Tower Corp Ltd                               | CUSIP: 000000000<br>LEI: 300300T6BNNP0L7O7H91 | Long             | EC               | CORP              | CN        |   1889400 | NS      | $2731634.17   | 0.79%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Cellnex Telecom SA                                                                                  | Cellnex Telecom SA                                 | CUSIP: 000000000<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |     33386 | NS      | $1040225.39   | 0.30%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Orsted AS                                                                                           | Orsted AS                                          | CUSIP: 000000000<br>LEI: W9NG6WMZIYEU8VEDOG48 | Long             | EC               | CORP              | DK        |    111086 | NS      | $1984149.35   | 0.57%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Rumo SA                                                                                             | Rumo SA                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    485768 | NS      | $1437453.24   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-11-17

**Name of Applicant:** RUSSELL INVESTMENT CO

**Signature:** Ross Erickson

**Name of Signer:** Ross Erickson

**Title:** Treasurer, Principal Accounting Officer and Principal Financial Officer