AMENDMENT TO MASTER CUSTODIAN CONTRACT
This Amendment to the Master Custodian Contract (this “Amendment”) is made as of August 12, 2026 and effective as of August 1, 2026, by and between State Street Bank and Trust Company (“State Street”) and each of the investment companies listed and described on Appendix A, as amended from time to time (each, a “Fund” and collectively the “Funds”).
Capitalized terms used in this Amendment without definition shall have the respective meanings given to such terms in the Contract (as defined below).
WHEREAS, the Funds and State Street entered into a Master Custodian Contract dated as of August 25, 2009 (as amended, restated, supplemented or otherwise modified and in effect from time to time, the “Contract”); and
WHEREAS, State Street and the Funds desire to amend the Contract as more particularly set forth herein.
NOW THEREFORE, in consideration of the foregoing and the mutual covenants and agreements hereinafter contained, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree to amend the Contract, pursuant to the terms thereof, as follows:
| 1. | Amendments. |
| A. | Appendix A of the Contract is hereby deleted in its entirety and replaced with Appendix A attached hereto. |
| 2. | Miscellaneous |
| A | Except as expressly amended by this Amendment, all provisions of the Contract shall remain in full force and effect. |
| B | This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Counterparts may be executed in either original or electronically transmitted form (e.g., faxes or emailed portable document format (PDF) form), and the parties hereby adopt as original any signatures received via electronically transmitted form. |
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Information Classification: Confidential
| Signed by the Parties: | ||
| RUSSELL INVESTMENT COMPANY | ||
| On behalf of itself and each of the Portfolios listed on Appendix A hereto | ||
| BY: | /s/ Ross Erickson | |
| NAME: Ross Erickson | ||
| TITLE: Treasurer, Chief Financial Officer and Chief Accounting Officer | ||
| DATE: August 12, 2026 | ||
| RUSSELL INVESTMENT FUNDS | ||
| On behalf of itself and each of the Portfolios listed on Appendix A hereto | ||
| BY: | /s/ Ross Erickson | |
| NAME: Ross Erickson | ||
| TITLE: Treasurer, Chief Financial Officer and Chief Accounting Officer | ||
| DATE: August 12, 2026 | ||
| STATE STREET BANK AND TRUST COMPANY | ||
| BY: | /s/ Scott Cheshier | |
| NAME: Scott Cheshier | ||
| TITLE: Managing Director | ||
| DATE: August 12, 2026 | ||
Information Classification: Confidential
MASTER CUSTODIAN CONTRACT
Appendix A
List of Funds
(as of August 1, 2026)
Management Investment Companies Registered with the SEC and Portfolios Thereof, If Any
Russell Investment Company
| Equity Income Fund |
| U.S. Small Cap Equity Fund |
| Investment Grade Bond Fund |
| Short Duration Bond Fund |
| International Developed Markets Fund |
| Strategic Bond Fund |
| Global Equity Fund |
| Sustainable Equity Fund (f/k/a Sustainable Aware Equity Fund) |
| Emerging Markets Fund |
| Tax-Managed U.S. Large Cap Fund |
| Global Real Estate Securities Fund |
| Tax-Exempt Bond Fund |
| Aggressive Strategy Fund (f/k/a Growth Strategy Fund) |
| Balanced Strategy Fund |
| Moderate Strategy Fund |
| Conservative Strategy Fund |
| Equity Aggressive Strategy Fund (f/k/a Equity Growth Strategy Fund) |
| Tax-Managed U.S. Mid & Small Cap Fund |
| Tax-Managed International Equity Fund |
| Global Infrastructure Fund |
| Opportunistic Credit Fund |
| U.S. Strategic Equity Fund |
| Multi-Strategy Income Fund |
| Tax-Exempt High Yield Bond Fund |
| Multifactor U.S. Equity Fund |
| Multifactor International Equity Fund |
| Multi-Asset Strategy Fund (f/k/a Multi-Asset Growth Strategy Fund) |
| Tax-Managed Real Assets Fund |
| Long Duration Bond Fund (f/k/a Multifactor Bond Fund) |
| Russell Investments Alternatives Diversifier Fund |
Russell Investment Funds
| U.S. Strategic Equity Fund |
| U.S. Small Cap Equity Fund |
| International Developed Markets Fund |
Information Classification: Confidential
| Strategic Bond Fund |
| Global Real Estate Securities Fund |
| Moderate Strategy Fund |
| Balanced Strategy Fund |
| Aggressive Strategy Fund (f/k/a Growth Strategy Fund) |
| Equity Aggressive Strategy Fund (f/k/a Equity Growth Strategy Fund) |
Information Classification: Confidential