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Morningstar

RBC BlueBay High Yield Bond A RHYAX

Morningstar Analyst Rating
Quantitative rating as of | See RBC Investment Hub
  • NAV / 1-Day Return 9.27  /  0.32 %
  • Total Assets 336.4 Mil
  • Adj. Expense Ratio
    0.820%
  • Expense Ratio 0.820%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 5.19%
  • Effective Duration 3.87 years

USD | NAV as of Mar 22, 2023 | 1-Day Return as of Mar 22, 2023, 10:31 PM GMT+0

Morningstar’s Analysis RHYAX

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

People Pillar

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

Summary

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A strong management team and sound investment process underpin RBC BlueBay High Yield Bond A's Morningstar Quantitative Rating of Bronze. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

Unlock our full analysis with Morningstar Investor

Portfolio Holdings RHYAX

More RHYAX Holdings
  • Current Portfolio Date Dec 31, 2022
  • Equity Holdings 3
  • Bond Holdings 176
  • Other Holdings 20
  • % Assets in Top 10 Holdings 12.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Banijay Entertainment S.A.S. 5.375%

1.42
4,407,477
Corporate

United States Treasury Notes 4.5%

1.40
4,350,340
Government

Us Dollar

1.37
4,250,880
Cash and Equivalents

Coty Inc. 5%

1.34
4,174,883
Corporate

Tegna Inc 5%

1.27
3,928,707
Corporate

Clarios Global Lp 6.25%

1.18
3,654,468
Corporate

Ford Motor Credit Company LLC 2.7%

1.17
3,617,748
Corporate

Rayonier A.M. Prods Inc 7.625%

1.15
3,580,177
Corporate

Macys Retail Holdings LLC 6.125%

1.12
3,462,144
Corporate

Matthews International Corp 5.25%

1.11
3,454,572
Corporate