RBC Monthly Income Fund

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Investment Objective

To provide relatively tax efficient monthly distributions consisting of dividend income, interest income and capital gains, as well as the potential for modest capital growth. The fund aims to provide as high a regular monthly income as possible.

Fund Details

Series: A
Fund Code: RBF448
Load Structure: No Load
Currency: CAD
Inception Date: Aug, 1997
Series A NAV $: 14.26
Series A MER %: 1.20
  • 57% FTSE TMX Canada Universe Bond Index
  • 43% S&P/TSX Capped Composite Total Return Index

  • Income Distribution: Monthly
    Capital Gains Distribution: Annually
    Sales Status: Open
    Minimum Investment $: 500
    Subsequent Investment $: 25

    Notes: Units of this fund are no longer available for purchase in registered plans or TFSAs except through a pre-authorized investment plan established prior to December 9, 2005.


    Performance Analysis as of  June 30, 2018

    Growth of $10,000

    Returns and Quartile Ranking
    Calendar Returns %

    Trailing Return %

    Portfolio Analysis

    Asset Mix

    Top Ten Holdings
    Top Ten Holdings % Assets
    Royal Bank of Canada 3.0
    The Toronto-Dominion Bank 2.9
    Bank of Nova Scotia 2.1
    Enbridge Inc 1.6
    Canadian National Railway Co 1.6
    Canada (Government of) 0.75% 01-09-2021 1.5
    Canada (Government of) 2.75% 01-12-2048 1.4
    Brookfield Asset Management Inc Class A 1.4
    Bank of Montreal 1.4
    Ontario (Province Of) 4.6% 02-06-2039 1.3
    % Assets
    Total % of Top Ten Holdings 18.2
    Total Number of Stock Holdings 312
    Total Number of Bond Holdings 375
    Total Number of Other Holdings 11
    Total Number of Holdings 698
    Equity Style
    P/B Ratio 1.9
    P/E Ratio 14.7
    Avg. Mkt Cap. $Bil 44.6
    Global Equity Sectors
    % Equity
    Financials 36.4
    Energy 17.2
    Industrials 10.9
    Consumer Discretionary 5.7
    Materials 5.3
    Consumer Staples 4.6
    Utilities 4.6
    Information Technology 4.0
    Telecommunications Services 3.9
    Real Estate 3.8
    Health Care 3.3
    Other 0.2

    Please consult your advisor and read the prospectus or Fund Facts document before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.