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RBC Canadian Short-Term Income Fund Series A
Cdn Short Term Fixed Inc
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-20-2026) |
$10.53 |
|---|---|
| Change |
$0.01
(0.05%)
|
As at June 30, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (January 27, 1992): 3.40%
| 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 | 0.28% | 1.01% | 1.06% | 1.06% | 2.40% | 4.02% | 4.45% | 3.62% | 1.66% | 1.38% | 1.72% | 1.91% | 1.63% | 1.41% |
| Benchmark | 0.32% | 1.11% | 1.41% | 1.41% | 3.03% | 4.58% | 4.97% | 3.99% | 2.23% | 1.97% | 2.30% | 2.50% | 2.27% | 2.07% |
| Category Average | 0.25% | 0.99% | 1.14% | 1.14% | 2.48% | 3.95% | 4.39% | 3.62% | 1.84% | 1.78% | 1.93% | 2.06% | 1.84% | 1.68% |
| Category Rank | 179 / 302 | 175 / 296 | 228 / 290 | 228 / 290 | 215 / 272 | 167 / 240 | 145 / 215 | 140 / 200 | 142 / 188 | 143 / 177 | 130 / 171 | 120 / 165 | 120 / 156 | 111 / 141 |
| Quartile Ranking | 3 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 4 | 4 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.08% | 0.51% | 0.77% | 0.33% | 0.10% | -0.31% | 0.41% | 0.59% | -0.95% | 0.05% | 0.68% | 0.28% |
| Benchmark | -0.08% | 0.59% | 0.75% | 0.38% | 0.22% | -0.27% | 0.45% | 0.74% | -0.88% | 0.04% | 0.74% | 0.32% |
Best Monthly Return Since Inception
3.21% (November 1993)
Worst Monthly Return Since Inception
-3.00% (March 1994)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.31% | -0.62% | 0.80% | 2.37% | 4.99% | -1.97% | -4.77% | 4.84% | 5.17% | 3.21% |
| Benchmark | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% | 5.71% | 3.77% |
| Category Average | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% | 5.17% | 3.22% |
| Quartile Ranking | 4 | 4 | 3 | 4 | 2 | 4 | 3 | 3 | 3 | 3 |
| Category Rank | 111/ 139 | 120/ 143 | 111/ 159 | 127/ 166 | 83/ 176 | 175/ 182 | 138/ 191 | 116/ 203 | 161/ 221 | 182/ 258 |
Best Calendar Return (Last 10 years)
5.17% (2024)
Worst Calendar Return (Last 10 years)
-4.77% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Government Bonds | 49.01 |
| Canadian Corporate Bonds | 48.00 |
| Cash and Equivalents | 1.67 |
| Foreign Government Bonds | 0.51 |
| Canadian Bonds - Other | 0.30 |
| Other | 0.51 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 98.33 |
| Cash and Cash Equivalent | 1.67 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.49 |
| Other | 0.51 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Government 2.75% 01-Sep-2030 | 8.05 |
| Canada Government 3.50% 01-Mar-2028 | 4.78 |
| Canada Government 3.25% 01-Sep-2028 | 4.70 |
| Ontario Province 2.95% 08-Sep-2030 | 2.49 |
| Canada Government 1.25% 01-Mar-2027 | 2.37 |
| Canada Housing Trust No 1 2.65% 15-Dec-2028 | 2.22 |
| Ontario Province 2.70% 02-Jun-2029 | 1.77 |
| Canadian Government Bond 2.750% Mar 01, 2031 | 1.71 |
| Canada Government 2.75% 01-Sep-2027 | 1.64 |
| CPPIB Capital Inc 3.35% 02-Dec-2030 | 1.60 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
RBC Canadian Short-Term Income Fund Series A
Median
Other - Cdn Short Term Fixed Inc
3 Yr Annualized
| Standard Deviation | 1.99% | 2.55% | 2.11% |
|---|---|---|---|
| Beta | 1.04 | 1.04 | 1.05 |
| Alpha | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.98% | 0.98% | 0.97% |
| Sharpe | 0.44 | -0.49 | -0.23 |
| Sortino | 1.27 | -0.64 | -0.90 |
| Treynor | 0.01 | -0.01 | 0.00 |
| Tax Efficiency | 79.18% | 53.54% | 54.11% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.67% | 1.99% | 2.55% | 2.11% |
| Beta | 0.98 | 1.04 | 1.04 | 1.05 |
| Alpha | -0.01 | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.99% | 0.98% | 0.98% | 0.97% |
| Sharpe | 0.04 | 0.44 | -0.49 | -0.23 |
| Sortino | -0.44 | 1.27 | -0.64 | -0.90 |
| Treynor | 0.00 | 0.01 | -0.01 | 0.00 |
| Tax Efficiency | 59.49% | 79.18% | 53.54% | 54.11% |
Fund Details
| Start Date | January 27, 1992 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $8,583 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF264 |
Investment Objectives
The objective of the fund is to provide a competitive level of monthly income by investing in short-term fixed-income assets. The fund invests primarily in short-term, high-quality fixed-income securities issued or guaranteed by Canadian federal, provincial or municipal governments and corporations, asset-backed securities and corporate bonds.
Investment Strategy
To achieve the fund’s objectives, the portfolio manager: selects maturities based on both economic fundamentals and capital market developments; invests the portion of the fund allocated to corporate bonds in securities with an average rating of A or higher by DBRS Ltd. or the equivalent rating as defined by other recognized rating agencies.
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 | 1.04% |
|---|---|
| Management Fee | 0.90% |
| 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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