RBC $U.S. High Yield Bond Fund

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Frank Gambino

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Efstathios (Stephen) Notidis

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Investment Objective

To provide total returns comprised of interest income and modest capital growth. The fund invests primarily in higher yielding corporate debt securities issued by U.S. corporations.

Fund Details

Series: A
Fund Code: RBF483
Load Structure: No Load
Currency: USD
Inception Date: Oct, 2013
Series A NAV $: 9.80
Series A MER %: 1.42
Benchmark:
  • BOA Merrill Lynch U.S. High Yield BB-B Index (USD)


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

    Notes: Not available for registered plans within RBC Royal Bank.

    Resources


    Performance Analysis as of  May 31, 2017

    Growth of $10,000

    Returns and Quartile Ranking
    Calendar Returns %

    Trailing Return %

    Portfolio Analysis

    Asset Mix

    Top Ten Holdings
    Top Ten Holdings % Assets
    Hca 5.875% 15-02-2026 2.0
    Cco Hldgs LLC /Cap 144A 5.75% 15-02-2026 1.8
    Sprint Cap 6.875% 15-11-2028 1.7
    Csc Hldgs 144A 5.5% 15-04-2027 1.6
    Arcelormittal Luxembourg 7% 15-10-2039 1.5
    Aes 5.5% 15-03-2024 1.2
    Videotron Ltee 5.625% 15-06-2025 1.1
    Nexstar Escrow 144A 5.625% 01-08-2024 1.1
    Diamond 1 Fin Corp 6.02% 15-06-2026 1.1
    Calatlantic Grp 5.25% 01-06-2026 1.1
    % Assets
    Total % of Top Ten Holdings 14.0
    Total Number of Stock Holdings 2
    Total Number of Bond Holdings 1,292
    Total Number of Other Holdings 9
    Total Number of Holdings 1,303
    Top Geographic Allocations
    % Assets
    United States 70.7
    Canada 20.1
    Eurozone 6.7
    United Kingdom 1.4
    Australia 0.8
    Latin America 0.2
    Japan 0.0
    Asia (Emerging) 0.0
    Africa 0.0
    Europe (Ex Eurozone) 0.0

    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.