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RBC Monthly Income Fund Series A
Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade C
Click for more information on Fundata’s ESG Grade.
FundGrade A+® Rating Recipient
2012
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|
NAVPS (07-24-2026) |
$17.21 |
|---|---|
| Change |
$0.08
(0.48%)
|
As at June 30, 2026
As at May 31, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (August 18, 1997): 6.71%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 1.32% | 5.53% | 7.35% | 7.35% | 14.26% | 13.50% | 11.54% | 9.86% | 6.71% | 7.91% | 6.87% | 6.74% | 6.38% | 6.41% |
| Benchmark | 0.47% | 4.68% | 7.12% | 7.12% | 18.81% | 17.80% | 14.57% | 12.66% | 8.41% | 9.69% | 8.66% | 8.29% | 8.04% | 7.83% |
| Category Average | 0.69% | 5.75% | 6.50% | 6.50% | 13.39% | 12.63% | 11.24% | 10.04% | 6.22% | 7.75% | 6.70% | 6.30% | 6.03% | 6.04% |
| Category Rank | 121 / 461 | 216 / 461 | 192 / 457 | 192 / 457 | 267 / 457 | 241 / 447 | 283 / 438 | 285 / 417 | 235 / 397 | 265 / 373 | 239 / 363 | 206 / 357 | 201 / 346 | 205 / 332 |
| Quartile Ranking | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.25% | 1.60% | 2.79% | 0.29% | 1.60% | -0.23% | 0.74% | 3.75% | -2.67% | 2.24% | 1.87% | 1.32% |
| Benchmark | 0.59% | 2.90% | 3.78% | 0.87% | 2.24% | 0.12% | 0.74% | 5.01% | -3.27% | 2.12% | 2.02% | 0.47% |
Best Monthly Return Since Inception
5.93% (November 2020)
Worst Monthly Return Since Inception
-8.46% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 11.66% | 5.30% | -3.20% | 12.54% | 5.33% | 11.83% | -7.86% | 7.79% | 11.37% | 10.89% |
| Benchmark | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% | 13.55% | 17.74% |
| Category Average | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% | 11.70% | 11.06% |
| Quartile Ranking | 1 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 3 |
| Category Rank | 76/ 328 | 232/ 339 | 117/ 350 | 262/ 360 | 249/ 369 | 222/ 384 | 206/ 407 | 305/ 427 | 350/ 441 | 305/ 447 |
Best Calendar Return (Last 10 years)
12.54% (2019)
Worst Calendar Return (Last 10 years)
-7.86% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 43.27 |
| Canadian Government Bonds | 29.69 |
| Canadian Corporate Bonds | 20.11 |
| US Equity | 2.93 |
| Cash and Equivalents | 2.31 |
| Other | 1.69 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 50.25 |
| Financial Services | 18.22 |
| Energy | 7.97 |
| Basic Materials | 5.53 |
| Industrial Services | 3.87 |
| Other | 14.16 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.14 |
| Latin America | 0.48 |
| Europe | 0.10 |
| Other | 0.28 |
Top Holdings
| Name | Percent |
|---|---|
| Royal Bank of Canada | 3.96 |
| RBC U.S. Dividend Fund Series O | 3.01 |
| Toronto-Dominion Bank | 2.86 |
| Enbridge Inc | 1.93 |
| Brookfield Corp Cl A | 1.72 |
| Bank of Montreal | 1.69 |
| Canadian Imperial Bank of Commerce | 1.67 |
| Canada Government 2.75% 01-Sep-2030 | 1.67 |
| Agnico Eagle Mines Ltd | 1.39 |
| Canadian Natural Resources Ltd | 1.33 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
RBC Monthly Income Fund Series A
Median
Other - Canadian Neutral Balanced
3 Yr Annualized
| Standard Deviation | 6.61% | 7.72% | 7.23% |
|---|---|---|---|
| Beta | 0.85 | 0.87 | 0.84 |
| Alpha | -0.01 | -0.01 | 0.00 |
| Rsquared | 0.95% | 0.97% | 0.96% |
| Sharpe | 1.16 | 0.50 | 0.63 |
| Sortino | 2.45 | 0.77 | 0.71 |
| Treynor | 0.09 | 0.04 | 0.05 |
| Tax Efficiency | 85.22% | 75.09% | 75.83% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.70% | 6.61% | 7.72% | 7.23% |
| Beta | 0.76 | 0.85 | 0.87 | 0.84 |
| Alpha | 0.00 | -0.01 | -0.01 | 0.00 |
| Rsquared | 0.93% | 0.95% | 0.97% | 0.96% |
| Sharpe | 1.97 | 1.16 | 0.50 | 0.63 |
| Sortino | 3.57 | 2.45 | 0.77 | 0.71 |
| Treynor | 0.15 | 0.09 | 0.04 | 0.05 |
| Tax Efficiency | 87.56% | 85.22% | 75.09% | 75.83% |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
Fund Details
| Start Date | August 18, 1997 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $7,017 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF448 |
Investment Objectives
To provide as high a regular monthly income as possible. To provide relatively tax efficient distributions consisting of dividend income, interest income and capital gains. To provide the potential for modest capital growth. The fund invests primarily in higher yielding Canadian fixed-income securities such as government and corporate bonds, debentures, notes and preferred shares. The fund may also invest in common shares, income trusts and similar high-yielding investments.
Investment Strategy
The monthly distribution is reviewed and established at the beginning of each calendar year based on the market outlook. The monthly distribution may be adjusted during the year if required, as capital market conditions change.
Portfolio Management
| Portfolio Manager |
RBC Global Asset Management Inc.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
RBC Global Asset Management Inc. |
|---|---|
| Custodian |
RBC Investor Services Trust (Canada) |
| Registrar |
RBC Global Asset Management Inc. Royal Bank of Canada RBC Investor Services Trust (Canada) |
| Distributor |
Royal Mutual Funds Inc. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 1.16% |
|---|---|
| Management Fee | 1.00% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.50% |
| Trailer Fee Max (LL) | - |
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