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RBC U.S. Monthly Income Fund Series A U$
Global Neutral Balanced
Click for more information on Fundata’s FundGrade
FundGrade B
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FundGrade A+® Rating Recipient
2025, 2024, 2023, 2022, 2021
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|
NAVPS (06-19-2026) |
$11.86 |
|---|---|
| Change |
$0.00
(0.01%)
|
As at May 31, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (May 24, 2005): 5.56%
| 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 | 1.75% | 3.00% | 5.14% | 5.32% | 16.21% | 11.34% | 11.87% | 8.17% | 5.31% | 7.22% | 7.32% | 6.90% | 6.51% | 6.66% |
| Benchmark | 2.84% | 3.06% | 7.52% | 6.77% | 17.40% | 14.07% | 13.48% | 9.51% | 5.26% | 8.12% | 7.83% | 6.92% | 6.99% | 7.29% |
| Category Average | 2.60% | 2.28% | 5.38% | 5.90% | 14.32% | 11.64% | 11.45% | 8.71% | 6.06% | 7.52% | 6.76% | 6.24% | 5.81% | 6.18% |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.24% | 0.99% | 1.82% | 2.34% | 0.78% | 0.95% | -0.17% | 1.47% | 0.77% | -3.16% | 4.54% | 1.75% |
| Benchmark | 3.40% | 0.01% | 2.19% | 2.24% | 1.01% | 0.06% | 0.70% | 2.11% | 1.46% | -5.38% | 5.92% | 2.84% |
Best Monthly Return Since Inception
6.37% (November 2020)
Worst Monthly Return Since Inception
-7.84% (October 2008)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.67% | 10.07% | -3.54% | 14.85% | 10.88% | 11.18% | -14.77% | 10.57% | 10.68% | 11.58% |
| Benchmark | 5.51% | 16.32% | -5.58% | 17.91% | 13.35% | 6.94% | -17.27% | 14.38% | 7.99% | 15.92% |
| Category Average | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% | 9.84% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
Best Calendar Return (Last 10 years)
14.85% (2019)
Worst Calendar Return (Last 10 years)
-14.77% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 45.04 |
| Canadian Corporate Bonds | 14.26 |
| Foreign Government Bonds | 13.09 |
| Foreign Corporate Bonds | 10.71 |
| Mortgages | 10.24 |
| Other | 6.66 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 50.94 |
| Technology | 16.81 |
| Healthcare | 6.59 |
| Financial Services | 6.24 |
| Energy | 2.98 |
| Other | 16.44 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 95.95 |
| Europe | 2.86 |
| Latin America | 0.27 |
| Other | 0.92 |
Top Holdings
| Name | Percent |
|---|---|
| Apple Inc | 3.13 |
| NVIDIA Corp | 2.82 |
| Alphabet Inc Cl A | 2.77 |
| Microsoft Corp | 2.29 |
| Broadcom Inc | 1.90 |
| United States Treasury 4.00% 31-Mar-2030 | 1.74 |
| Exxon Mobil Corp | 1.38 |
| United States Treasury 1.88% 15-Nov-2051 | 1.34 |
| United States Treasury 4.25% 15-Aug-2054 | 1.19 |
| AT&T Inc | 1.18 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
RBC U.S. Monthly Income Fund Series A U$
Median
Other - Global Neutral Balanced
3 Yr Annualized
| Standard Deviation | 7.61% | 9.22% | 7.99% |
|---|---|---|---|
| Beta | 0.88 | 0.95 | 0.85 |
| Alpha | 0.00 | -0.02 | 0.00 |
| Rsquared | 0.66% | 0.74% | 0.62% |
| Sharpe | 1.05 | 0.29 | 0.61 |
| Sortino | 1.92 | 0.39 | 0.68 |
| Treynor | 0.09 | 0.03 | 0.06 |
| Tax Efficiency | 81.10% | 63.98% | 74.46% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.49% | 7.61% | 9.22% | 7.99% |
| Beta | 0.74 | 0.88 | 0.95 | 0.85 |
| Alpha | 0.03 | 0.00 | -0.02 | 0.00 |
| Rsquared | 0.72% | 0.66% | 0.74% | 0.62% |
| Sharpe | 2.00 | 1.05 | 0.29 | 0.61 |
| Sortino | 3.58 | 1.92 | 0.39 | 0.68 |
| Treynor | 0.18 | 0.09 | 0.03 | 0.06 |
| Tax Efficiency | 87.30% | 81.10% | 63.98% | 74.46% |
Fund Details
| Start Date | May 24, 2005 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | USD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $2,177 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF587 |
Investment Objectives
To provide a combination of regular U.S. dollar monthly income and modest capital growth. The fund invests primarily in U.S. fixed-income securities such as government and corporate bonds, notes, asset-backed securities and preferred shares. The fund also invests in high-quality equity securities of U.S. companies. It may also invest in high yield debt securities and emerging market sovereign and corporate bonds.
Investment Strategy
To achieve the fund’s objectives, the portfolio manager: invests primarily in U.S. fixed-income and U.S. equity securities; employs a strategic asset allocation approach, determining the appropriate asset mix within broad pre-established guidelines for each asset class as follows: Fixed income 55%, Equities 45%.
Portfolio Management
| Portfolio Manager |
RBC Global Asset Management Inc.
|
|---|---|
| Sub-Advisor |
RBC Global Asset Management (U.S.) Inc.
|
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 | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 1.59% |
|---|---|
| Management Fee | 1.40% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.75% |
| Trailer Fee Max (LL) | - |
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