Morningstar

Rbc Bluebay High Yield Bond Fund Class R6

Morningstar Medalist Rating
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Medalist Rating as of See RBC Investment Hub
  • NAV / 1-Day Return $9.55  /  −0.10 %
  • Fund Size $1.5B
  • Adjusted Expense Ratio 0.490%
  • Net Expense Ratio —
  • Fee Level: Distribution Low
  • Share Class Type Retirement, Large
  • Morningstar Category High Yield Bond
  • Fixed-Income Style Box (Funds) Low/Limited
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield —
  • Average Effective Duration 2.94 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis

Will Rbc Bluebay High Yield Bond Fund Class R6 outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable Rbc Bluebay High Yield Bond Fund Class R6’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the Rbc Bluebay High Yield Bond Fund Class R6 management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of Rbc Bluebay High Yield Bond Fund Class R6’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

RBC BlueBay High Yield Bond R6 holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings

More Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

RBC BlueBay US Govt Mny Mkt Instl 1

5.16 79M
Cash and Equivalents

Carriage Services, Inc. 4.25%

1.00 15M
Corporate

United States Treasury Notes 4.5%

1.00 15M
Government

US Foods Inc 4.75%

0.89 14M
Corporate

1261229 Bc Ltd. 10%

0.89 14M
Corporate

ZF North America Capital, Inc. 7.5%

0.88 13M
Corporate

Cleveland-Cliffs Inc 7.375%

0.85 13M
Corporate

FIRST CITIZENS BANCSHARES INC/NC

0.83 13M
Corporate

Michaels Companies Inc. 8.5%

0.83 13M
Corporate

Sunrise Finco I BV 4.875%

0.82 12M
Corporate

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