RBC SHORT TERM US CORPORATE BD ETF USD UNITSRBC SHORT TERM US CORPORATE BD ETF USD UNITSRBC SHORT TERM US CORPORATE BD ETF USD UNITS

RBC SHORT TERM US CORPORATE BD ETF USD UNITS

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Key stats

Assets under management (AUM)
‪173.71 M‬USD
Fund flows (1Y)
‪6.10 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.3%

About RBC SHORT TERM US CORPORATE BD ETF USD UNITS

Issuer
Royal Bank of Canada
Brand
RBC
Expense ratio
0.41%
Inception date
Oct 19, 2017
Index tracked
No Underlying Index
Management style
Active
The fund aims to provide income with the potential for capital growth through an actively-managed portfolio of short-duration bonds issued by US corporations, and in some cases, foreign issuers. Although the fund focuses on investment grade securities, it does invest in some high yield corporate bonds. Security selection involves identifying investment opportunities based on companys credit and industry analysis. Through this analysis, the fund sub-advisor seeks to target those with the likelihood of competitive rates of return while at time same time mitigating interest rate risk. The sub-advisor also considers ESG factors if deemed applicable to the investment decision.

Classification

Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Broad credit
Niche
Short-term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 2, 2024
Exposure type
Bonds, Cash & Other
Corporate
Bonds, Cash & Other100.00%
Corporate93.65%
Government6.20%
Cash0.15%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows