Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports

RBC $U.S. Short-Term Corporate Bond Fund Series A

Global Corp Fixed Income

NAVPS
(04-09-2025)
$9.45
Change
-$0.04 (-0.41%)

As at March 31, 2025

As at February 28, 2025

Period
Loading...

Legend

RBC $U.S. Short-Term Corporate Bond Fund Series A

Compare Options


Fund Returns

Inception Return (January 29, 2018): 1.54%

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 0.33% 1.71% 1.14% 1.71% 5.08% 5.08% 3.04% 1.01% 2.02% 1.56% 1.76% - - -
Benchmark 0.60% 2.90% -1.26% 2.90% 4.92% 5.03% 0.90% -0.92% 1.50% 1.43% 1.41% 2.04% 1.96% 1.97%
Category Average -0.32% 1.45% 1.41% 1.45% 6.28% 6.09% 2.88% 1.35% 3.26% 2.56% 2.61% - - -
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -0.99% 1.02% 0.56% 1.43% 0.95% 0.87% -0.93% 0.57% -0.19% 0.48% 0.90% 0.33%
Benchmark -2.20% 1.84% 0.33% 2.44% 1.94% 1.83% -2.66% 0.56% -1.98% 0.65% 1.63% 0.60%

Best Monthly Return Since Inception

3.33% (April 2020)

Worst Monthly Return Since Inception

-5.24% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - 6.33% 3.10% -1.70% -6.37% 5.79% 4.19%
Benchmark -3.77% 4.27% 9.26% -3.48% 11.44% 10.33% -2.95% -16.69% 9.48% 1.23%
Category Average - - - - 9.03% 6.89% 0.56% -10.54% 7.62% 5.63%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

6.33% (2019)

Worst Calendar Return (Last 10 years)

-6.37% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 76.71
Foreign Government Bonds 8.85
Cash and Equivalents 8.79
US Equity 5.67
Other -0.02

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 85.55
Cash and Cash Equivalent 8.79
Financial Services 5.68
Other -0.02

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.49
Asia 0.73
Other 0.78

Top Holdings

Top Holdings
Name Percent
RBC Short Term U.S. Corporate Bond ETF U$ (RUSB.U) 99.08
National Bank of Canada UTD 4.330% Jan 02, 2025 0.91
US Dollar 0.01

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

RBC $U.S. Short-Term Corporate Bond Fund Series A

Median

Other - Global Corp Fixed Income

3 Yr Annualized

Standard Deviation 3.48% 3.43% -
Beta 0.46% 0.37% -
Alpha 0.00% 0.01% -
Rsquared 0.63% 0.50% -
Sharpe -0.23% -0.09% -
Sortino 0.02% -0.38% -
Treynor -0.02% -0.01% -
Tax Efficiency 65.69% 52.57% -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 -

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 2.63% 3.48% 3.43% -
Beta 0.43% 0.46% 0.37% -
Alpha 0.00% 0.00% 0.01% -
Rsquared 0.37% 0.63% 0.50% -
Sharpe 0.42% -0.23% -0.09% -
Sortino 1.13% 0.02% -0.38% -
Treynor 0.03% -0.02% -0.01% -
Tax Efficiency 74.23% 65.69% 52.57% -

Fund Details

Start Date January 29, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency USD
Distribution Frequency Monthly
Assets ($mil) $189

Fund Codes

FundServ Code Load Code Sales Status
RBF409

Investment Objectives

> To provide regular monthly income with the potential for modest capital growth. The fund invests primarily in a well-diversified portfolio of short-term fixed-income securities issued in the U.S. market by U.S. and foreign corporations either directly or indirectly through investment in other mutual funds managed by RBC GAM or an affiliate of RBC GAM. We will not change

Investment Strategy

It is currently expected that the fund will invest up to 100% of its assets in units of the RBC Short Term U.S. Corporate Bond ETF (the underlying fund), which is sub-advised by RBC Global Asset Management (U.S.) Inc.

Portfolio Management

Portfolio Manager

RBC Global Asset Management Inc.

Sub-Advisor

RBC Global Asset Management (U.S.) Inc.

  • James Weinand

Management and Organization

Fund Manager

RBC Global Asset Management Inc.

Custodian

RBC Investor Services Trust

Registrar

RBC Investor Services Trust

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 0.98%
Management Fee 0.85%
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!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports