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RBC Strategic Income Bond Fund Series A

Multi-Sector Fixed Income

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

2016

Click for more information on Fundata’s FundGrade

NAVPS
(06-13-2025)
$8.46
Change
-$0.03 (-0.30%)

As at May 31, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025Jan 2…$10,000$12,000$14,000$16,000$8,000$9,000$9,500$10,500$11,000$11,500Period

Legend

RBC Strategic Income Bond Fund Series A

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Fund Returns

Inception Return (August 12, 2013): 3.24%

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 0.72% -1.61% 0.44% 0.47% 5.67% 6.61% 4.60% 0.69% 1.50% 1.56% 2.08% 1.52% 2.32% 2.29%
Benchmark -0.45% -1.96% 1.11% 0.44% 8.99% 6.42% 5.63% 1.70% -0.01% 1.20% 2.20% 1.61% 2.20% 2.86%
Category Average 0.50% -0.16% 0.70% 1.56% 5.28% 5.01% - - - - - - - -
Category Rank 96 / 323 286 / 323 204 / 318 258 / 318 175 / 303 116 / 294 102 / 285 182 / 275 172 / 256 163 / 240 143 / 222 143 / 198 103 / 170 77 / 130
Quartile Ranking 2 4 3 4 3 2 2 3 3 3 3 3 3 3

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.46% 1.85% 0.53% 1.55% -0.17% 0.91% -0.03% 1.28% 0.82% -0.71% -1.61% 0.72%
Benchmark 1.11% 3.56% -0.33% 1.97% 0.33% 0.96% 0.67% 1.41% 1.02% 0.37% -1.88% -0.45%

Best Monthly Return Since Inception

4.64% (November 2022)

Worst Monthly Return Since Inception

-8.81% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 4.73% 6.49% 3.62% -0.54% 7.82% 6.52% -2.27% -11.79% 7.84% 7.03%
Benchmark 16.14% 1.29% 1.23% 6.50% 4.01% 7.35% -4.31% -10.27% 5.25% 9.76%
Category Average - - - - - - - - - 3.89%
Quartile Ranking 1 3 2 2 2 1 4 4 2 2
Category Rank 30/ 120 75/ 138 89/ 185 88/ 211 112/ 233 53/ 255 257/ 268 221/ 277 90/ 294 94/ 303

Best Calendar Return (Last 10 years)

7.84% (2023)

Worst Calendar Return (Last 10 years)

-11.79% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 23.02
Foreign Government Bonds 22.99
Foreign Bonds - Funds 19.91
Cash and Equivalents 17.42
Canadian Bonds - Funds 10.50
Other 6.16

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 82.55
Cash and Cash Equivalent 17.42
Financial Services 0.12
Exchange Traded Fund 0.02
Energy 0.01
Other -0.12

Geographic Allocation

Geographic Allocation
Name Percent
North America 50.87
Multi-National 20.21
Europe 12.10
Latin America 7.46
Africa and Middle East 5.73
Other 3.63

Top Holdings

Top Holdings
Name Percent
RBC Global Corporate Bond Fund Series O 24.05
RBC Global High Yield Bond Fund Series O 19.91
RBC Emerging Markets Bond Fund Series O 15.07
RBC High Yield Bond Fund Series O 10.50
BlueBay Emerging Markets Corporate Bond Fd O 10.07
RBC Emerging Markets Foreign Exchange Fund O 10.06
RBC Short-Term Global Bond Fund Series O 4.01
BlueBay Global Alternative Bond Fund (Canada) O 3.00
BlueBay European High Yield Bond Fund (Canada) O 2.49
Bank of Montreal TD 2.650% Apr 01, 2025 1.01

Equity Style

Equity style data not available

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 Return345678910111213-4%-2%0%2%4%6%8%10%12%

RBC Strategic Income Bond Fund Series A

Median

Other - Multi-Sector Fixed Income

3 Yr Annualized

Standard Deviation 6.02% 5.91% 5.79%
Beta 0.85% 0.68% 0.48%
Alpha 0.00% 0.02% 0.01%
Rsquared 0.61% 0.51% 0.28%
Sharpe 0.12% -0.13% 0.12%
Sortino 0.41% -0.30% -0.12%
Treynor 0.01% -0.01% 0.01%
Tax Efficiency 56.68% - 22.98%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.38% 6.02% 5.91% 5.79%
Beta 0.59% 0.85% 0.68% 0.48%
Alpha 0.00% 0.00% 0.02% 0.01%
Rsquared 0.66% 0.61% 0.51% 0.28%
Sharpe 0.61% 0.12% -0.13% 0.12%
Sortino 1.20% 0.41% -0.30% -0.12%
Treynor 0.03% 0.01% -0.01% 0.01%
Tax Efficiency 64.18% 56.68% - 22.98%

Fund Details

Start Date August 12, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,216

Fund Codes

FundServ Code Load Code Sales Status
RBF482

Investment Objectives

To provide regular monthly income with a potential for modest capital appreciation. The fund invests primarily in units of other mutual funds managed by RBC GAM or an affiliate of RBC GAM (called the underlying funds), emphasizing mutual funds that invest in higher yielding fixed-income securities.

Investment Strategy

It is expected that the fund will invest up to 100% of its net assets in units of the underlying funds managed by RBC GAM or an affiliate of RBC GAM.

Portfolio Management

Portfolio Manager

RBC Global Asset Management Inc.

  • Sarah Riopelle
  • Dagmara Fijalkowski
Sub-Advisor

-

Management and Organization

Fund Manager

RBC Global Asset Management Inc.

Custodian

RBC Investor Services Trust (Canada)

Registrar

Royal Bank of Canada

RBC Investor Services Trust (Canada)

RBC Global Asset Management Inc.

Distributor

Royal Mutual Funds Inc.

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 1.76%
Management Fee 1.50%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.75%
Trailer Fee Max (LL) -

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