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BlueBay $U.S. Global High Yield Bond Fund (Canada) Series A

High Yield Fixed Income

NAVPS
(08-08-2025)
$7.91
Change
$0.00 (0.01%)

As at June 30, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Feb 2021Jun 2021Oct 2021Feb 2022Jun 2022Oct 2022Feb 2023Jun 2023Oct 2023Feb 2024Jun 2024Oct 2024Feb 2025Jun 2025Jul 2022Jan 2023Apr 2023Jul 2023Jan 2024Apr 2024Jul 2024Jan 2025Apr 2025Jul 2021Apr 2022Jan 2023Oct 2023Jul 2024Apr 2025$8,000$9,000$10,000$11,000$12,000$13,000$14,000Period

Legend

BlueBay $U.S. Global High Yield Bond Fund (Canada) Series A

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Fund Returns

Inception Return (January 22, 2021): 2.17%

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 1.45% 2.21% 2.70% 2.70% 8.75% 9.88% 8.76% 1.88% - - - - - -
Benchmark 2.25% 4.78% 6.87% 6.87% 11.83% 11.24% 10.72% 2.83% 5.26% 4.26% 4.72% 4.39% 5.25% 4.95%
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 - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-2%-1%0%1%2%3%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.83% 1.45% 1.58% -0.01% 0.88% 0.03% 0.91% 0.85% -1.26% -1.11% 1.88% 1.45%
Benchmark 1.97% 2.01% 1.76% -0.89% 0.38% -0.62% 1.24% 0.90% -0.15% 0.92% 1.54% 2.25%

Best Monthly Return Since Inception

4.52% (July 2022)

Worst Monthly Return Since Inception

-6.59% (June 2022)

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 - - - - - - - -11.19% 11.76% 8.40%
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 - - - - - - - - - -

Best Calendar Return (Last 10 years)

11.76% (2023)

Worst Calendar Return (Last 10 years)

-11.19% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 81.86
Cash and Equivalents 8.19
Foreign Government Bonds 6.25
Canadian Corporate Bonds 3.59
US Equity 0.12

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 91.69
Cash and Cash Equivalent 8.19
Telecommunications 0.12

Geographic Allocation

Geographic Allocation
Name Percent
North America 72.57
Europe 21.10
Latin America 4.01
Multi-National 0.89
Other 1.43

Top Holdings

Top Holdings
Name Percent
US Dollar 4.63
MARGIN CASH - USD - HSBC FX COLL 1.44
CCO Holdings LLC 6.38% 01-Sep-2029 1.22
Edison International 5.000% PERPETUAL 1.17
Samarco Mineracao SA 9.00% 30-Jun-2031 1.00
CI Financial Corp 7.50% 30-Apr-2029 0.93
Nationstar Mortgage Holdgs Inc 5.00% 01-Feb-2026 0.91
VMED O2 UK Financing I PLC 7.75% 15-Apr-2032 0.89
Viking Cruises Ltd 5.88% 15-Sep-2027 0.87
Domtar Corp 6.75% 01-Oct-2028 0.86

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return1234567891011122%4%6%8%10%12%14%16%

BlueBay $U.S. Global High Yield Bond Fund (Canada) Series A

Median

Other - High Yield Fixed Income

3 Yr Annualized

Standard Deviation 6.35% - -
Beta 0.69% - -
Alpha 0.00% - -
Rsquared 0.29% - -
Sharpe 0.73% - -
Sortino 1.64% - -
Treynor 0.07% - -
Tax Efficiency 74.05% - -
Volatility Volatility rating is 3 on a scale of 1 to 10 - -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.73% 6.35% - -
Beta 0.36% 0.69% - -
Alpha 0.04% 0.00% - -
Rsquared 0.31% 0.29% - -
Sharpe 1.37% 0.73% - -
Sortino 2.66% 1.64% - -
Treynor 0.14% 0.07% - -
Tax Efficiency 69.91% 74.05% - -

Fund Details

Start Date January 22, 2021
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency USD
Distribution Frequency Quarterly
Assets ($mil) $698

Fund Codes

FundServ Code Load Code Sales Status
RBF344

Investment Objectives

> To provide total returns comprised of interest income and modest capital appreciation. The fund invests primarily in high yield debt securities issued by entities domiciled in or carrying out the majority of their business activities anywhere around the world. 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.

Investment Strategy

To achieve the fund’s objectives, the portfolio manager: invests the fund’s assets primarily in high yield debt securities, such as corporate bonds and loans, rated below investment grade (BB+ or below by Standard & Poor’s or an equivalent rating agency) of companies domiciled or carrying out the majority of their business activities anywhere around the world.

Portfolio Management

Portfolio Manager

RBC Global Asset Management Inc.

Sub-Advisor

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

RBC Global Asset Management (UK) Limited

Management and Organization

Fund Manager

RBC Global Asset Management Inc.

Custodian

RBC Investor Services Trust (Canada)

Registrar

Royal Bank of Canada

RBC Global Asset Management Inc.

RBC Investor Services Trust (Canada)

Distributor

Royal Mutual Funds Inc.

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.68%
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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