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Morningstar

RBC BlueBay Ultra-Short Fixed Income I RUSIX

Morningstar Medalist Rating
Medalist Rating as of | See RBC Investment Hub
  • NAV / 1-Day Return 9.95  /  +0.01 %
  • Total Assets 54.4 Mil
  • Adj. Expense Ratio
    0.280%
  • Expense Ratio 0.280%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 4.46%
  • Effective Duration 1.08 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 12:25 AM GMT+0

Morningstar’s Analysis RUSIX

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

  • People Pillar

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

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings RUSIX

More RUSIX 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