Try Fund Library Premium
For Free with a 30 day trial!
High Yield Fixed Income
|
NAVPS (05-12-2025) |
$8.69 |
|---|---|
| Change |
$0.06
(0.69%)
|
As at April 30, 2025
As at March 31, 2025
Loading...
Inception Return (October 21, 2013): 3.48%
| 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 | -0.50% | -0.59% | 0.94% | 0.39% | 6.54% | 6.53% | 4.39% | 1.57% | 4.49% | 2.85% | 3.29% | 2.99% | 3.76% | 3.36% |
| Benchmark | 0.92% | 1.68% | 2.68% | 2.93% | 10.08% | 9.50% | 6.60% | 2.13% | 5.83% | 3.89% | 3.97% | 4.11% | 4.91% | 4.44% |
| Category Average | -0.44% | -0.85% | 0.92% | 0.15% | 6.55% | 6.27% | 4.00% | 1.64% | 4.21% | 2.74% | 2.87% | 2.73% | 3.43% | 2.85% |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.35% | 0.80% | 1.56% | 1.34% | 1.10% | -0.72% | 0.91% | -0.35% | 0.99% | 0.67% | -0.76% | -0.50% |
| Benchmark | 0.00% | 2.20% | 1.97% | 2.01% | 1.76% | -0.89% | 0.38% | -0.62% | 1.24% | 0.90% | -0.15% | 0.92% |
6.16% (July 2022)
-10.94% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -3.52% | 14.20% | 5.08% | -4.09% | 14.23% | 5.34% | 3.37% | -11.74% | 10.67% | 5.94% |
| Benchmark | -4.17% | 14.77% | 10.20% | -3.35% | 13.73% | 8.03% | 1.37% | -13.23% | 13.41% | 7.48% |
| Category Average | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
14.23% (2019)
-11.74% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 73.08 |
| Canadian Corporate Bonds | 18.97 |
| Cash and Equivalents | 5.38 |
| Foreign Government Bonds | 1.79 |
| Canadian Equity | 0.75 |
| Other | 0.03 |
| Name | Percent |
|---|---|
| Fixed Income | 93.85 |
| Cash and Cash Equivalent | 5.38 |
| Energy | 0.61 |
| Utilities | 0.14 |
| Other | 0.02 |
| Name | Percent |
|---|---|
| North America | 99.23 |
| Europe | 0.64 |
| Other | 0.13 |
| Name | Percent |
|---|---|
| National Bank of Canada UTD 4.330% Jan 02, 2025 | 1.91 |
| SPDR Bloomberg High Yield Bond ETF (JNK) | 1.25 |
| Rogers Communications Inc 5.00% 17-Dec-2081 | 1.25 |
| CITGO Petroleum Corp 8.38% 15-Jan-2029 | 0.98 |
| Calpine Corp 5.00% 01-Feb-2031 | 0.96 |
| Tenet Healthcare Corp 6.75% 15-May-2031 | 0.96 |
| ATS Corp 6.500% Aug 21, 2032 | 0.94 |
| Staples Inc 10.75% 01-Sep-2029 | 0.93 |
| Univision Communications Inc 8.00% 15-Aug-2028 | 0.92 |
| National Bank of Canada 7.50% 16-Oct-2027 | 0.88 |
RBC $U.S. High Yield Bond Fund Series A
Median
Other - High Yield Fixed Income
| Standard Deviation | 8.33% | 7.77% | 7.52% |
|---|---|---|---|
| Beta | 0.87% | 0.77% | 0.61% |
| Alpha | -0.03% | 0.00% | 0.00% |
| Rsquared | 0.42% | 0.41% | 0.29% |
| Sharpe | 0.09% | 0.29% | 0.25% |
| Sortino | 0.28% | 0.32% | 0.11% |
| Treynor | 0.01% | 0.03% | 0.03% |
| Tax Efficiency | 54.68% | 60.15% | 43.90% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.00% | 8.33% | 7.77% | 7.52% |
| Beta | 0.14% | 0.87% | 0.77% | 0.61% |
| Alpha | 0.05% | -0.03% | 0.00% | 0.00% |
| Rsquared | 0.07% | 0.42% | 0.41% | 0.29% |
| Sharpe | 0.89% | 0.09% | 0.29% | 0.25% |
| Sortino | 2.00% | 0.28% | 0.32% | 0.11% |
| Treynor | 0.19% | 0.01% | 0.03% | 0.03% |
| Tax Efficiency | 68.72% | 54.68% | 60.15% | 43.90% |
| Start Date | October 21, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | USD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $146 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF483 |
> To provide total returns comprised of interest income and modest capital growth. The fund invests primarily in higher yielding corporate debt securities issued by U.S. corporations. We will not change the fundamental investment objectives of the fund unless we have the consent of a majority of the voting unitholders of the fund to do so.
To achieve the fund’s objectives, the portfolio manager: invests primarily in higher yielding debt securities rated below BBB- by Standard & Poor’s or its equivalent, issued by 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 given the current market sentiment.
| Portfolio Manager |
RBC Global Asset Management Inc.
|
|---|---|
| Sub-Advisor |
- |
| 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. |
| 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 | 1.43% |
|---|---|
| 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) | - |
Try Fund Library Premium
For Free with a 30 day trial!
Fund Library
