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RBC Canadian Short-Term Income Fund Series A
Cdn Short Term Fixed Inc
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (08-04-2026) |
$10.52 |
|---|---|
| Change |
$0.03
(0.29%)
|
As at June 30, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (January 27, 1992): 3.40%
| 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 | 0.28% | 1.01% | 1.06% | 1.06% | 2.40% | 4.02% | 4.45% | 3.62% | 1.66% | 1.38% | 1.72% | 1.91% | 1.63% | 1.41% |
| Benchmark | 0.32% | 1.11% | 1.41% | 1.41% | 3.03% | 4.58% | 4.97% | 3.99% | 2.23% | 1.97% | 2.30% | 2.50% | 2.27% | 2.07% |
| Category Average | 0.25% | 0.98% | 1.13% | 1.13% | 2.48% | 3.94% | 4.38% | 3.62% | 1.84% | 1.78% | 1.93% | 2.06% | 1.84% | 1.68% |
| Category Rank | 180 / 302 | 175 / 296 | 228 / 290 | 228 / 290 | 215 / 272 | 167 / 240 | 145 / 215 | 140 / 200 | 142 / 188 | 143 / 177 | 130 / 171 | 120 / 165 | 120 / 156 | 111 / 141 |
| Quartile Ranking | 3 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 4 | 4 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.08% | 0.51% | 0.77% | 0.33% | 0.10% | -0.31% | 0.41% | 0.59% | -0.95% | 0.05% | 0.68% | 0.28% |
| Benchmark | -0.08% | 0.59% | 0.75% | 0.38% | 0.22% | -0.27% | 0.45% | 0.74% | -0.88% | 0.04% | 0.74% | 0.32% |
Best Monthly Return Since Inception
3.21% (November 1993)
Worst Monthly Return Since Inception
-3.00% (March 1994)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.31% | -0.62% | 0.80% | 2.37% | 4.99% | -1.97% | -4.77% | 4.84% | 5.17% | 3.21% |
| Benchmark | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% | 5.71% | 3.77% |
| Category Average | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% | 5.17% | 3.22% |
| Quartile Ranking | 4 | 4 | 3 | 4 | 2 | 4 | 3 | 3 | 3 | 3 |
| Category Rank | 111/ 139 | 120/ 143 | 111/ 159 | 127/ 166 | 83/ 176 | 175/ 182 | 138/ 191 | 116/ 203 | 161/ 221 | 182/ 258 |
Best Calendar Return (Last 10 years)
5.17% (2024)
Worst Calendar Return (Last 10 years)
-4.77% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Government Bonds | 49.01 |
| Canadian Corporate Bonds | 48.00 |
| Cash and Equivalents | 1.67 |
| Foreign Government Bonds | 0.51 |
| Canadian Bonds - Other | 0.30 |
| Other | 0.51 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 98.33 |
| Cash and Cash Equivalent | 1.67 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.49 |
| Other | 0.51 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Government 2.75% 01-Sep-2030 | 8.05 |
| Canada Government 3.50% 01-Mar-2028 | 4.78 |
| Canada Government 3.25% 01-Sep-2028 | 4.70 |
| Ontario Province 2.95% 08-Sep-2030 | 2.49 |
| Canada Government 1.25% 01-Mar-2027 | 2.37 |
| Canada Housing Trust No 1 2.65% 15-Dec-2028 | 2.22 |
| Ontario Province 2.70% 02-Jun-2029 | 1.77 |
| Canadian Government Bond 2.750% Mar 01, 2031 | 1.71 |
| Canada Government 2.75% 01-Sep-2027 | 1.64 |
| CPPIB Capital Inc 3.35% 02-Dec-2030 | 1.60 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
RBC Canadian Short-Term Income Fund Series A
Median
Other - Cdn Short Term Fixed Inc
3 Yr Annualized
| Standard Deviation | 1.99% | 2.55% | 2.11% |
|---|---|---|---|
| Beta | 1.04 | 1.04 | 1.05 |
| Alpha | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.98% | 0.98% | 0.97% |
| Sharpe | 0.44 | -0.49 | -0.23 |
| Sortino | 1.27 | -0.64 | -0.90 |
| Treynor | 0.01 | -0.01 | 0.00 |
| Tax Efficiency | 79.18% | 53.54% | 54.11% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.67% | 1.99% | 2.55% | 2.11% |
| Beta | 0.98 | 1.04 | 1.04 | 1.05 |
| Alpha | -0.01 | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.99% | 0.98% | 0.98% | 0.97% |
| Sharpe | 0.04 | 0.44 | -0.49 | -0.23 |
| Sortino | -0.44 | 1.27 | -0.64 | -0.90 |
| Treynor | 0.00 | 0.01 | -0.01 | 0.00 |
| Tax Efficiency | 59.49% | 79.18% | 53.54% | 54.11% |
Fund Details
| Start Date | January 27, 1992 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $8,583 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF264 |
Investment Objectives
• To provide a competitive level of monthly income by investing in short-term fixed-income assets. The fund invests primarily in short-term, high-quality fixed-income securities issued or guaranteed by Canadian federal, provincial or municipal governments and corporations, asset-backed securities and corporate bonds. The fund may also invest in high-quality first mortgages on Canadian residential property insured by the Canada Mortgage and Housing Corporation (CMHC) under the National Housing Ac
Investment Strategy
To achieve the fund’s objectives, the portfolio manager: • selects maturities based on both economic fundamentals and capital market developments; • invests the portion of the fund allocated to corporate bonds in securities with an average rating of A or higher by Morningstar DBRS or the equivalent rating as defined by other recognized rating agencies; • may invest no more than 10% of the fund’s assets in non-investment grade corporate debt securities (high yield) rated below BBB (-) by Mornings
Portfolio Management
| Portfolio Manager |
RBC Global Asset Management Inc.
|
|---|---|
| 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 | 1.04% |
|---|---|
| Management Fee | 0.90% |
| 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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