(As of 5/31/2024)

RBC High Yield Bond Fund Series A

(High Yield Fixed Income)
FundGrade A+® Rating recipient
For more information about FundGrade click here






Inception Return
(10/12/2010)
3.84 %
YTD Return 0.87 %
NAVPS
(6/11/2024)
$9.53
Change $0.01 / 0.06 %
Growth of $10,000 (As of May 31, 2024)
MER 1.46 %
Assets ($mil) $2,378.85
Rank (1Yr) 226/289
Std Dev (3Yr) 7.96 %
Volatility Ranking (3Yr) 3/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
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.
Fund Manager

RBC Global Asset Management Inc.

Portfolio Manager

Frank Gambino, RBC Global Asset Management Inc.

Dagmara Fijalkowski, RBC Global Asset Management Inc.

Sub-Advisor
Data not available
 
Asset Allocation
(As of December 31, 2023)
Sector Allocation
(As of December 31, 2023)
Geographic Allocation
(As of December 31, 2023)
Top 10 Holdings
NameAssetSectorGeographicPercent
National Bank of Canada Jan 15, 2024Cash and EquivalentsCash and Cash EquivalentCanada1.77%
Canada Government 1.75% 01-Dec-2053Domestic BondsFixed IncomeCanada1.67%
iShares Core Canadian Universe Bond Idx ETF (XBB)Domestic BondsFixed IncomeCanada1.41%
BMO Aggregate Bond Index ETF (ZAG)Domestic BondsFixed IncomeCanada1.36%
iShares iBoxx $ High Yield Corp Bond ETF (HYG)Foreign BondsFixed IncomeUnited States1.13%
SPDR Bloomberg High Yield Bond ETF (JNK)Foreign BondsFixed IncomeUnited States1.13%
CCO Holdings LLC 4.50% 15-Aug-2030Foreign BondsFixed IncomeUnited States1.02%
National Bank of Canada Jan 26, 2024Cash and EquivalentsCash and Cash EquivalentCanada0.90%
National Bank of Canada 5.30% 03-Nov-2025Domestic BondsFixed IncomeCanada0.74%
Tenet Healthcare Corp 6.75% 15-May-2031Foreign BondsFixed IncomeUnited States0.73%

Performance Data (As of May 31, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 1.05 1.18 4.05 0.87 7.44 -0.06 1.91 2.63
Benchmark 0.00 1.38 5.64 4.71 11.59 3.70 3.27 5.70
Quartile Ranking 3 3 4 4 4 4 4 3

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 9.26 -11.33 2.70 4.81 11.52 -4.21 4.95 12.00 -1.38 3.36
Benchmark 10.36 -6.92 0.50 6.14 7.98 5.36 2.96 10.80 14.93 8.91
Quartile Ranking 2 4 3 3 2 4 2 3 2 3

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