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RBC Monthly Income Fund Series A

Canadian Neutral Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2012

Click for more information on Fundata’s FundGrade

NAVPS
(10-09-2025)
$16.34
Change
-$0.04 (-0.27%)

As at September 30, 2025

As at August 31, 2025

Period
Created with Highcharts 10.3.3Jan 2024Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Jan 2000Jan 2005Jan 2010Jan 2015Jan 2020Jan 2025Jan …$10,000$11,000$12,000$13,000$14,000Period

Legend

RBC Monthly Income Fund Series A

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Fund Returns

Inception Return (August 18, 1997): 6.56%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 2.79% 4.70% 7.63% 9.07% 10.27% 14.61% 10.29% 6.02% 7.15% 6.15% 6.39% 6.00% 5.75% 6.18%
Benchmark 3.78% 7.42% 12.09% 14.03% 16.37% 18.36% 13.55% 7.93% 8.88% 8.00% 8.08% 7.57% 7.11% 7.46%
Category Average 2.64% 4.89% 8.28% 9.41% 10.78% 14.55% 11.18% 5.71% 7.01% 6.25% 6.03% 5.71% 5.45% 5.62%
Category Rank 258 / 454 328 / 454 349 / 444 322 / 444 339 / 444 298 / 436 352 / 418 269 / 398 281 / 384 271 / 369 230 / 361 219 / 348 215 / 335 185 / 321
Quartile Ranking 3 3 4 3 4 3 4 3 3 3 3 3 3 3

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -0.30% 3.13% -1.68% 1.81% 0.66% -1.11% -0.68% 2.36% 1.11% 0.25% 1.60% 2.79%
Benchmark -0.02% 4.18% -2.03% 2.42% 0.29% -0.96% -0.40% 3.10% 1.62% 0.59% 2.90% 3.78%

Best Monthly Return Since Inception

5.93% (November 2020)

Worst Monthly Return Since Inception

-8.46% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-10%-5%0%5%10%15%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -3.35% 11.66% 5.30% -3.20% 12.54% 5.33% 11.83% -7.86% 7.79% 11.37%
Benchmark -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43% 13.55%
Category Average 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27% 11.70%
Quartile Ranking 4 1 3 2 3 3 3 2 3 4
Category Rank 246/ 296 76/ 329 232/ 340 117/ 351 262/ 361 251/ 370 221/ 385 200/ 404 306/ 424 346/ 438

Best Calendar Return (Last 10 years)

12.54% (2019)

Worst Calendar Return (Last 10 years)

-7.86% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 39.99
Canadian Government Bonds 29.11
Canadian Corporate Bonds 20.39
US Equity 6.14
Cash and Equivalents 2.46
Other 1.91

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 49.71
Financial Services 17.91
Energy 6.25
Industrial Services 4.49
Technology 4.02
Other 17.62

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.29
Latin America 0.62
Europe 0.14

Top Holdings

Top Holdings
Name Percent
RBC U.S. Dividend Fund Series O 6.55
Royal Bank of Canada 3.49
Toronto-Dominion Bank 2.45
Brookfield Corp Cl A 1.94
Enbridge Inc 1.71
Canadian Pacific Kansas City Ltd 1.43
Bank of Montreal 1.33
Canadian Imperial Bank of Commerce 1.29
Constellation Software Inc 1.13
Manulife Financial Corp 1.12

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return66.577.588.599.51010.51111.54%6%8%10%12%14%16%18%

RBC Monthly Income Fund Series A

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 7.54% 7.91% 7.16%
Beta 0.88% 0.89% 0.85%
Alpha -0.01% -0.01% 0.00%
Rsquared 0.97% 0.97% 0.96%
Sharpe 0.81% 0.58% 0.63%
Sortino 1.69% 0.86% 0.68%
Treynor 0.07% 0.05% 0.05%
Tax Efficiency 83.35% 77.26% 75.11%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.44% 7.54% 7.91% 7.16%
Beta 0.78% 0.88% 0.89% 0.85%
Alpha -0.02% -0.01% -0.01% 0.00%
Rsquared 0.97% 0.97% 0.97% 0.96%
Sharpe 1.29% 0.81% 0.58% 0.63%
Sortino 2.68% 1.69% 0.86% 0.68%
Treynor 0.09% 0.07% 0.05% 0.05%
Tax Efficiency 82.67% 83.35% 77.26% 75.11%

Fund Details

Start Date August 18, 1997
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $6,578

Fund Codes

FundServ Code Load Code Sales Status
RBF448

Investment Objectives

To provide as high a regular monthly income as possible. To provide relatively tax efficient distributions consisting of dividend income, interest income and capital gains. To provide the potential for modest capital growth. The fund invests primarily in higher yielding Canadian fixed-income securities such as government and corporate bonds, debentures, notes and preferred shares. The fund may also invest in common shares, income trusts and similar high-yielding investments.

Investment Strategy

The monthly distribution is reviewed and established at the beginning of each calendar year based on the market outlook. The monthly distribution may be adjusted during the year if required, as capital market conditions change.

Portfolio Management

Portfolio Manager

RBC Global Asset Management Inc.

  • Donna Comartin
  • Joanne Lee
  • Jonathan Millman
  • Sean McCurley
Sub-Advisor

-

Management and Organization

Fund Manager

RBC Global Asset Management Inc.

Custodian

RBC Investor Services Trust (Canada)

Registrar

RBC Global Asset Management Inc.

Royal Bank of Canada

RBC Investor Services Trust (Canada)

Distributor

Royal Mutual Funds Inc.

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 1.16%
Management Fee 1.00%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.50%
Trailer Fee Max (LL) -

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