RBC BlueBay Core Plus Bond Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.9%
1 yr return
7.7%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$43.8 M
Holdings in Top 10
32.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.03%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RCPIX - Profile
Distributions
- YTD Total Return 0.9%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameRBC BlueBay Core Plus Bond Fund
-
Fund Family NameRBC Global Asset Management.
-
Inception DateNov 01, 2021
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrandon Swensen
Fund Description
• | Non‑compliance with the UN Global Compact Principles; |
• | Producers of controversial weapons, including, but not limited to, cluster munitions, anti-personnel mines, chemical and biological weapons and depleted uranium; |
• | Tobacco producers; and |
• | Certain thresholds of involvement in thermal coal mining and power generation. |
RCPIX - Performance
Return Ranking - Trailing
Period | RCPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.9% | -6.0% | 3.9% | 2.08% |
1 Yr | 7.7% | -10.3% | 16.1% | 1.29% |
3 Yr | N/A* | -10.4% | 26.2% | N/A |
5 Yr | N/A* | -6.6% | 191.4% | N/A |
10 Yr | N/A* | -2.4% | 73.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | RCPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.8% | -16.2% | 8.1% | 2.08% |
2022 | N/A | -34.7% | 131.9% | N/A |
2021 | N/A | -11.6% | 4.4% | N/A |
2020 | N/A | -10.1% | 946.1% | N/A |
2019 | N/A | -1.7% | 156.4% | N/A |
Total Return Ranking - Trailing
Period | RCPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.9% | -6.0% | 3.9% | 2.08% |
1 Yr | 7.7% | -10.3% | 16.1% | 1.29% |
3 Yr | N/A* | -10.4% | 26.2% | N/A |
5 Yr | N/A* | -6.6% | 191.4% | N/A |
10 Yr | N/A* | -2.4% | 73.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | RCPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.7% | -11.3% | 11.0% | 0.79% |
2022 | N/A | -32.2% | 131.9% | N/A |
2021 | N/A | -9.4% | 9.2% | N/A |
2020 | N/A | -1.9% | 1009.0% | N/A |
2019 | N/A | 1.1% | 21668.0% | N/A |
NAV & Total Return History
RCPIX - Holdings
Concentration Analysis
RCPIX | Category Low | Category High | RCPIX % Rank | |
---|---|---|---|---|
Net Assets | 43.8 M | 2.73 M | 292 B | 94.24% |
Number of Holdings | 223 | 1 | 17889 | 82.29% |
Net Assets in Top 10 | 15.5 M | -106 M | 36.5 B | 92.76% |
Weighting of Top 10 | 32.94% | 4.4% | 134.1% | 28.54% |
Top 10 Holdings
- RBC BlueBay US Government Money Market Fund 7.25%
- Fannie Mae or Freddie Mac 6.60%
- Fannie Mae or Freddie Mac 5.42%
- Fannie Mae or Freddie Mac 3.37%
- United States Treasury Bill 2.93%
- Fannie Mae Pool 1.76%
- Fannie Mae or Freddie Mac 1.70%
- Fannie Mae or Freddie Mac 1.36%
- Fannie Mae Pool 1.29%
- Credit Suisse Mortgage Capital Certificates 1.27%
Asset Allocation
Weighting | Return Low | Return High | RCPIX % Rank | |
---|---|---|---|---|
Bonds | 104.15% | 0.00% | 215.98% | 17.77% |
Cash | 7.25% | -54.51% | 88.26% | 20.65% |
Convertible Bonds | 2.97% | 0.00% | 7.93% | 9.46% |
Other | 2.46% | -13.23% | 58.65% | 60.08% |
Stocks | 0.00% | 0.00% | 99.93% | 91.60% |
Preferred Stocks | 0.00% | 0.00% | 74.68% | 90.12% |
Bond Sector Breakdown
Weighting | Return Low | Return High | RCPIX % Rank | |
---|---|---|---|---|
Corporate | 49.19% | 0.00% | 100.00% | 11.72% |
Securitized | 28.83% | 0.00% | 98.40% | 53.89% |
Cash & Equivalents | 7.25% | 0.00% | 88.06% | 21.53% |
Government | 2.21% | 0.00% | 86.23% | 93.30% |
Municipal | 0.00% | 0.00% | 100.00% | 95.57% |
Derivative | -1.65% | -5.38% | 58.65% | 98.43% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | RCPIX % Rank | |
---|---|---|---|---|
US | 94.79% | 0.00% | 215.98% | 44.32% |
Non US | 9.36% | 0.00% | 39.04% | 4.11% |
RCPIX - Expenses
Operational Fees
RCPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.03% | 0.01% | 39.10% | 25.64% |
Management Fee | 0.35% | 0.00% | 1.76% | 48.42% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
RCPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
RCPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
RCPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 2.00% | 493.39% | N/A |
RCPIX - Distributions
Dividend Yield Analysis
RCPIX | Category Low | Category High | RCPIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 9.75% | 22.66% |
Dividend Distribution Analysis
RCPIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
RCPIX | Category Low | Category High | RCPIX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -1.28% | 4.79% | N/A |
Capital Gain Distribution Analysis
RCPIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2023 | $0.105 | OrdinaryDividend |
Dec 01, 2023 | $0.009 | OrdinaryDividend |
Nov 01, 2023 | $0.162 | OrdinaryDividend |
Oct 02, 2023 | $0.020 | OrdinaryDividend |
Sep 01, 2023 | $0.026 | OrdinaryDividend |
Jul 03, 2023 | $0.022 | OrdinaryDividend |
Jun 01, 2023 | $0.026 | OrdinaryDividend |
May 01, 2023 | $0.007 | OrdinaryDividend |
Dec 21, 2022 | $0.091 | OrdinaryDividend |
Dec 01, 2022 | $0.001 | OrdinaryDividend |
Nov 01, 2022 | $0.022 | OrdinaryDividend |
Oct 03, 2022 | $0.021 | OrdinaryDividend |
Sep 01, 2022 | $0.067 | OrdinaryDividend |
Aug 01, 2022 | $0.009 | OrdinaryDividend |
Jul 01, 2022 | $0.013 | OrdinaryDividend |
Jun 01, 2022 | $0.032 | OrdinaryDividend |
Mar 01, 2022 | $0.008 | OrdinaryDividend |
Feb 01, 2022 | $0.018 | OrdinaryDividend |
Dec 30, 2021 | $0.010 | OrdinaryDividend |
Dec 21, 2021 | $0.010 | OrdinaryDividend |
RCPIX - Fund Manager Analysis
Managers
Brandon Swensen
Start Date
Tenure
Tenure Rank
Nov 01, 2021
0.58
0.6%
Brandon is a senior portfolio manager within the BlueBay Fixed income team. In addition to co-leading the fixed income group based in Minneapolis, he is a portfolio manager for several cash management and core solutions. Brandon joined the RBC GAM mortgage and government team in 2000, having earlier held positions as a research analyst covering asset-backed securities and credit, and as a financial analyst. Brandon began his career in the investment industry in 1998.
Brian Svendahl
Start Date
Tenure
Tenure Rank
Nov 01, 2021
0.58
0.6%
Brian is a senior portfolio manager within the BlueBay Fixed income team. He has been lead portfolio manager for RBC GAM’s impact investing strategies since 2006 along with many government and mortgage strategies. Brian joined RBC GAM in 2005 and has co-led the Minneapolis-based fixed income group since 2012. He had previously held several risk management, research, and trading positions with a large American multinational financial services company and first started in the investment industry in 1992.
Andrzej Skiba
Start Date
Tenure
Tenure Rank
Nov 01, 2021
0.58
0.6%
Andrzej joined BlueBay in February 2005 and is a Senior Portfolio Manager responsible for the Developed Markets team and is based in Stamford, Connecticut. Prior to BlueBay, Andrzej worked for Goldman Sachs as a credit analyst covering European investment grade telecom, media and utility sectors. Andrzej holds a BSc (Hons) in Management and International Business Economics from UMIST and is a CFA charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 33.43 | 6.82 | 1.16 |