RBC Monthly Income Fund

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Suzanne Gaynor

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Jennifer McClelland

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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 $: 14.11
Series A MER %: 1.20
Benchmark:
  • 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.

    Resources


    Performance Analysis as of  August 31, 2016

    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 2.8
    The Toronto-Dominion Bank 2.3
    Bank of Nova Scotia 2.2
    TransCanada Corp 1.5
    Ontario Prov Cda 4.6% 02-06-2039 1.4
    Enbridge Inc 1.3
    Manulife Financial Corp 1.3
    Ontario Prov Cda 4.65% 02-06-2041 1.3
    Suncor Energy Inc 1.3
    Brookfield Asset Management Inc Class A 1.2
    % Assets
    Total % of Top Ten Holdings 16.6
    Total Number of Stock Holdings 338
    Total Number of Bond Holdings 1,518
    Total Number of Other Holdings 27
    Total Number of Holdings 1,883
    Equity Style
    Statistics %
    P/B Ratio 1.3
    P/E Ratio 16.6
    Avg. Mkt Cap. $Bil 27.6
    Global Equity Sectors
    % Equity
    Financials 31.7
    Energy 22.5
    Materials 8.3
    Industrials 8.2
    Utilities 7.6
    Consumer Staples 5.3
    Telecommunications Services 3.8
    Consumer Discretionary 3.7
    Health Care 2.3
    Information Technology 0.9