Fund Library Home Page
Sign In Français

My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Fund Search
ETF Search
Stock Search

Join Fund Library now and get free access to personalized features to help you manage your investments.

Sign up Now More Info

RBC $U.S. Short-Term Government Bond Fund A

  • Premium Feature Only
Add to My Watchlist

Global Fixed Income

NAVPS
(07-25-2024) 		$9.44
Change
$0.00 (0.02%)

As at June 30, 2024

As at May 31, 2024

Period
Loading...

Legend

RBC $U.S. Short-Term Government Bond Fund A

Compare Options

Fund Returns

Inception Return (January 22, 2021): -1.06%

Fund Returns
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 0.60% 0.59% 0.56% 0.56% 3.38% 1.23% -1.07% - - - - - - -
Benchmark 1.57% -1.19% -3.32% -3.32% 0.48% -0.56% -5.90% -4.09% -2.40% -1.05% -0.72% -0.91% 0.15% -0.52%
Category Average 0.71% -0.10% -0.10% -0.10% 3.35% 2.36% -2.12% -1.23% -0.21% 0.59% 0.49% 0.58% 1.01% 1.13%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 0.23% 0.26% -0.40% -0.05% 1.37% 1.38% 0.35% -0.72% 0.35% -0.77% 0.76% 0.60%
Benchmark 0.40% -1.24% -3.09% -1.31% 5.07% 4.32% -1.29% -1.49% 0.63% -2.72% 0.00% 1.57%

Best Monthly Return Since Inception

1.57% (March 2023)

Worst Monthly Return Since Inception

-1.92% (March 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -6.04% 3.57%
Benchmark 1.29% -2.75% 2.17% 6.95% -1.09% 6.85% 8.94% -5.24% -16.87% 5.56%
Category Average 4.74% 2.92% 2.08% 2.75% -0.04% 5.49% 5.94% -1.81% -10.70% 5.33%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

3.57% (2023)

Worst Calendar Return (Last 10 years)

-6.04% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Government Bonds 69.25
Mortgages 13.39
Canadian Corporate Bonds 7.27
Cash and Equivalents 6.58
Foreign Bonds - Other 1.90
Other 1.61

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 93.42
Cash and Cash Equivalent 6.58

Geographic Allocation

Geographic Allocation
Name Percent
North America 94.86
Multi-National 5.14

Top Holdings

Top Holdings
Name Percent
United States Treasury 3.88% 15-Jan-2026 5.44
United States Treasury 3.75% 31-Dec-2028 4.20
United States Treasury 4.88% 31-Oct-2028 3.93
United States Treasury 3.63% 31-May-2028 3.88
United States Treasury 4.38% 15-Dec-2026 3.67
United States Treasury 4.25% 15-Mar-2027 3.36
United States Treasury 4.00% 15-Jan-2027 2.57
United States Treasury 2.50% 31-Mar-2027 2.47
United States Treasury 4.50% 31-Mar-2026 2.45
United States Treasury 4.00% 31-Jan-2029 2.43

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: H.
Period: 

Risk vs Return (3 Yr)

RBC $U.S. Short-Term Government Bond Fund A

Median

Other - Global Fixed Income

3 Yr Annualized

Standard Deviation 2.91% - -
Beta 0.32% - -
Alpha 0.00% - -
Rsquared 0.59% - -
Sharpe -1.39% - -
Sortino -1.48% - -
Treynor -0.12% - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 - -

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 2.43% 2.91% - -
Beta 0.32% 0.32% - -
Alpha 0.02% 0.00% - -
Rsquared 0.46% 0.59% - -
Sharpe -0.62% -1.39% - -
Sortino 0.23% -1.48% - -
Treynor -0.05% -0.12% - -
Tax Efficiency 78.48% - - -

Fund Details

Start Date January 22, 2021
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency USD
Distribution Frequency Quarterly
Assets ($mil) $20

Fund Codes

FundServ Code Load Code Sales Status
RBF339

Investment Objectives

> To provide current income by investing in short-term U.S. fixed-income securities. The fund invests primarily in a well-diversified portfolio of short-term fixed-income securities issued or guaranteed by the U.S. Treasury and U.S. government and its agencies. We will not change the fundamental investment objectives of the fund unless we have the consent of a majority of the voting unitholders of the fund to do so.

Investment Strategy

To achieve the fund’s objectives, the portfolio manager: invests primarily in investment grade short-term fixed-income securities issued or guaranteed in the U.S. market by the U.S. Treasury and U.S. government and its agencies, instrumentalities, and U.S. government sponsored enterprises.

Portfolio Manager(s)

Name Start Date
RBC Global Asset Management Inc. 01-14-2021
Brian Svendahl 02-22-2021

Management and Organization

Fund Manager RBC Global Asset Management Inc.
Advisor RBC Global Asset Management Inc.
Custodian RBC Investor Services Trust (Canada)
Registrar Royal Bank of Canada
Distributor Royal Mutual Funds Inc.
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.08%
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) -

Join Fund Library now and get free access to personalized features to help you manage your investments.

Sign up Now More Info