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Morningstar

RBC BlueBay Ultra-Short Fixed Income A RULFX

Morningstar Medalist Rating
Medalist Rating as of | See RBC Investment Hub
  • NAV / 1-Day Return 9.96  /  +0.04 %
  • Total Assets 54.5 Mil
  • Adj. Expense Ratio
    0.380%
  • Expense Ratio 0.380%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 4.36%
  • Effective Duration 1.08 years

USD | NAV as of Apr 20, 2024 | 1-Day Return as of Apr 20, 2024, 12:21 AM GMT+0

Morningstar’s Analysis RULFX

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

  • People Pillar

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

A strong management team and sound investment process underpin RBC BlueBay Ultra-Short Fixed Income A's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings RULFX

More RULFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 5.30628%

6.63 3.5 Mil
Government

RBC BlueBay US Govt Mny Mkt Instl 1

3.50 1.8 Mil
Cash and Equivalents

United States Treasury Bills 5.29404%

2.83 1.5 Mil
Government

United States Treasury Bills 5.30469%

2.82 1.5 Mil
Government

Freddie Mac Stacr Remic Trust 7.72039%

2.67 1.4 Mil
Securitized

The Charles Schwab Corporation

2.49 1.3 Mil
Corporate

Wells Fargo & Co. 3.526%

2.12 1.1 Mil
Corporate

Citigroup Inc.

1.89 996,109
Corporate

Lloyds Banking Group PLC 4.716%

1.88 987,941
Corporate

WORLD OMNI AUTO RECEIVABLES TRUST 0.61%

1.83 960,713
Securitized