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High Yield Fixed Income
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2017
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|
NAVPS (08-08-2025) |
$9.74 |
|---|---|
| Change |
$0.00
(0.01%)
|
As at June 30, 2025
As at March 31, 2025
Inception Return (October 12, 2010): 4.07%
| 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 | 1.38% | 2.10% | 2.84% | 2.84% | 6.81% | 7.15% | 6.74% | 1.49% | 3.25% | 2.48% | 3.01% | 2.62% | 3.16% | 3.21% |
| Benchmark | 1.47% | -0.66% | 1.39% | 1.39% | 11.51% | 12.96% | 12.81% | 5.35% | 5.30% | 5.02% | 5.27% | 5.04% | 5.83% | 5.88% |
| Category Average | 1.42% | 2.40% | 3.00% | 3.00% | 7.58% | 7.77% | 6.81% | 2.02% | 3.86% | 3.08% | 3.29% | 3.05% | 3.59% | 3.21% |
| Category Rank | 114 / 245 | 104 / 245 | 96 / 242 | 96 / 242 | 189 / 242 | 205 / 235 | 176 / 232 | 196 / 229 | 195 / 219 | 187 / 213 | 153 / 196 | 151 / 184 | 138 / 168 | 113 / 160 |
| Quartile Ranking | 2 | 2 | 2 | 2 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.45% | 0.91% | 1.12% | -0.37% | 0.84% | -0.14% | 0.90% | 0.47% | -0.63% | -0.51% | 1.23% | 1.38% |
| Benchmark | 2.95% | -0.48% | 2.00% | 2.26% | 0.82% | 2.08% | 1.94% | 0.36% | -0.24% | -3.14% | 1.07% | 1.47% |
5.59% (July 2022)
-9.90% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.38% | 12.00% | 4.95% | -4.21% | 11.52% | 4.81% | 2.70% | -11.33% | 9.26% | 5.59% |
| Benchmark | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% |
| Category Average | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% |
| Quartile Ranking | 2 | 3 | 3 | 4 | 2 | 3 | 4 | 4 | 3 | 4 |
| Category Rank | 59/ 153 | 95/ 167 | 97/ 175 | 149/ 186 | 91/ 211 | 117/ 218 | 182/ 222 | 191/ 229 | 139/ 235 | 212/ 241 |
12.00% (2016)
-11.33% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 52.16 |
| Canadian Corporate Bonds | 39.23 |
| Cash and Equivalents | 7.49 |
| Foreign Government Bonds | 0.97 |
| Canadian Bonds - Other | 0.18 |
| Name | Percent |
|---|---|
| Fixed Income | 92.96 |
| Cash and Cash Equivalent | 7.08 |
| Name | Percent |
|---|---|
| North America | 99.34 |
| Europe | 0.69 |
| Name | Percent |
|---|---|
| iShares Broad USD High Yield Corp Bond ETF (USHY) | 2.65 |
| Rogers Communications Inc 5.00% 17-Dec-2081 | 1.40 |
| ATS Corp 6.500% Aug 21, 2032 | 0.98 |
| Pembina Pipeline Corp 4.80% 25-Jan-2081 | 0.95 |
| Chemtrade Logistics Inc 6.375% Aug 28, 2029 | 0.92 |
| Latam Airlines Group SA 7.88% 15-Apr-2030 | 0.92 |
| Capital Power Corp 8.13% 05-Jun-2054 | 0.87 |
| Wolf Midstream Canada LP 6.40% 18-Jul-2029 | 0.86 |
| Brookfield Infra Finance ULC 6.75% 15-Dec-2029 | 0.85 |
| Precision Drilling Corp 6.88% 15-Jan-2029 | 0.84 |
RBC High Yield Bond Fund Series A
Median
Other - High Yield Fixed Income
| Standard Deviation | 6.15% | 6.67% | 6.54% |
|---|---|---|---|
| Beta | 0.70% | 0.70% | 0.59% |
| Alpha | -0.02% | 0.00% | 0.00% |
| Rsquared | 0.32% | 0.44% | 0.35% |
| Sharpe | 0.44% | 0.14% | 0.25% |
| Sortino | 1.06% | 0.09% | 0.08% |
| Treynor | 0.04% | 0.01% | 0.03% |
| Tax Efficiency | 74.69% | 50.02% | 51.90% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.66% | 6.15% | 6.67% | 6.54% |
| Beta | 0.22% | 0.70% | 0.70% | 0.59% |
| Alpha | 0.04% | -0.02% | 0.00% | 0.00% |
| Rsquared | 0.22% | 0.32% | 0.44% | 0.35% |
| Sharpe | 1.23% | 0.44% | 0.14% | 0.25% |
| Sortino | 2.64% | 1.06% | 0.09% | 0.08% |
| Treynor | 0.15% | 0.04% | 0.01% | 0.03% |
| Tax Efficiency | 74.13% | 74.69% | 50.02% | 51.90% |
| Start Date | October 12, 2010 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $3,190 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF496 |
The objective of the fund is to provide a high level of income with the potential for modest capital growth. The fund invests primarily in higher yielding corporate debt securities issued by Canadian and U.S. corporations.
To achieve the fund's objectives, the portfolio manager: invests primarily in higher yielding debt securities rated from BBB to B (by Standard & Poor's or its equivalent), issued by Canadian and U.S. corporations; employs a value-focused philosophy for corporate bonds, striving to invest in quality companies having stable to improving credit profiles which are considered to be undervalued.
| Portfolio Manager |
RBC Global Asset Management Inc.
|
|---|---|
| Sub-Advisor |
- |
| 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. |
| 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 |
| MER | 1.47% |
|---|---|
| Management Fee | 1.25% |
| 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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