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Morningstar

RBC BlueBay Emerging Market Debt A RESAX

Morningstar Analyst Rating
Quantitative rating as of | See RBC Investment Hub
  • NAV / 1-Day Return 7.52  /  0.67 %
  • Total Assets 35.3 Mil
  • Adj. Expense Ratio
    1.040%
  • Expense Ratio 1.040%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Emerging Markets Bond
  • Credit Quality / Interest Rate Sensitivity Low / Extensive
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 6.01%
  • Effective Duration 7.33 years

USD | NAV as of Mar 22, 2023 | 1-Day Return as of Mar 22, 2023, 12:21 AM GMT+0

Morningstar’s Analysis RESAX

Will RESAX outperform in 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 RESAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the RESAX 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 RESAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Summary

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A sound investment process and strong management team underpin RBC BlueBay Emerging Market Debt A's Morningstar Quantitative Rating of Silver. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

Unlock our full analysis with Morningstar Investor

Portfolio Holdings RESAX

More RESAX Holdings
  • Current Portfolio Date Dec 31, 2022
  • Equity Holdings 0
  • Bond Holdings 139
  • Other Holdings 78
  • % Assets in Top 10 Holdings 20.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd/Eur Fwd 20230119 651

3.05
1,045,051
Derivative

Oman (Sultanate Of) 6.75%

2.77
949,945
Government

Ecuador (Republic Of) 2.5%

2.56
875,747
Government

Turkey (Republic of) 9.875%

2.21
755,948
Government

Argentina (Republic of) 3.5%

1.92
658,196
Government

Turkey (Republic of) 5.75%

1.92
657,213
Government

Mexico (United Mexican States) 3.771%

1.85
635,422
Government

Abu Dhabi (Emirate of) 2.125%

1.77
607,596
Government

Petroleos Mexicanos 5.625%

1.77
607,406
Government

US Govt Money Market RBC Instl 1

1.72
589,206
Cash and Equivalents