Fact_Sheet

View prior month end holdings: Current 4/30/2012 3/31/2012 2/29/2012 1/31/2012 12/31/2011 11/30/2011 10/31/2011 9/30/2011 8/31/2011 7/31/2011 6/30/2011 5/31/2011

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Security Cusip	Security Description	Investment Category	Principal Amount	Holding % of Market Value	Maturity Date	Final Maturity Date	Coupon Rate	Amortized Cost Value	Guarantor
313374YB0	FHLB	Government Agency Debt	210,350,000	3.61%	7/25/12	7/25/12	0.25	210,400,087	FHLB
244265508	CITIBANK N.A.	Government Agency Repurchase Agreement	200,000,000	3.43%	5/14/12	5/14/12	0.17	200,000,000	COLLATERALIZED AT 102% WITH U.S. TREASURY AND AGENCY SECURITIES
3134A4QD9	FHLMC	Government Agency Debt	169,717,000	2.93%	7/15/12	7/15/12	5.13	171,147,455	FHLMC
244265478	GOLDMAN SACHS & CO	Government Agency Repurchase Agreement	155,000,000	2.66%	5/14/12	5/14/12	0.16	155,000,000	COLLATERALIZED AT 102% WITH U.S. TREASURY AND AGENCY SECURITIES
244265564	DEUTSCHE BANK SECURITIES	Government Agency Repurchase Agreement	150,000,000	2.57%	5/14/12	5/14/12	0.08	150,000,000	COLLATERALIZED AT 102% WITH U.S. TREASURY AND AGENCY SECURITIES
244225366	GOLDMAN SACHS & CO	Government Agency Repurchase Agreement	150,000,000	2.57%	5/16/12	5/16/12	0.19	150,000,000	COLLATERALIZED AT 102% WITH U.S. TREASURY AND AGENCY SECURITIES
244265466	MERRILL LYNCH	Government Agency Repurchase Agreement	150,000,000	2.57%	5/14/12	5/14/12	0.16	150,000,000	COLLATERALIZED AT 102% WITH U.S. TREASURY AND AGENCY SECURITIES
244265428	TD SECURITIES (USA) LLC	Treasury Repurchase Agreement	150,000,000	2.57%	5/14/12	5/14/12	0.14	150,000,000	COLLATERALIZED AT 102% WITH U.S. TREASURY AND AGENCY SECURITIES
31398A6V9	FNMA	Government Agency Debt	122,420,000	2.10%	5/14/12	12/3/12	0.35	122,475,015	FNMA
38146FAA9	GOLDMAN SACHS GROUP INC.	Other Note	120,000,000	2.06%	6/15/12	6/15/12	3.25	120,317,800	FDIC (TLGP)
313374SH4	FHLB	Government Agency Debt	115,000,000	1.97%	5/14/12	7/25/12	0.20	115,000,000	FHLB
244265529	DEUTSCHE BANK SECURITIES	Government Agency Repurchase Agreement	105,000,000	1.80%	5/14/12	5/14/12	0.18	105,000,000	COLLATERALIZED AT 102% WITH U.S. TREASURY AND AGENCY SECURITIES
31331JNJ8	FFCB	Government Agency Debt	101,000,000	1.73%	5/14/12	5/14/12	0.26	101,000,000	FFCB
31398A3F7	FNMA	Government Agency Debt	100,143,000	1.72%	5/23/12	8/23/12	0.26	100,159,927	FNMA
3134G2HF2	FHLMC	Government Agency Debt	100,000,000	1.71%	5/16/12	5/16/13	0.19	100,005,314	FHLMC
244265561	BARCLAYS CAPITAL INC	Treasury Repurchase Agreement	100,000,000	1.71%	5/14/12	5/14/12	0.15	100,000,000	COLLATERALIZED AT 102% WITH U.S. TREASURY AND AGENCY SECURITIES
244265472	J.P. MORGAN SECURITIES INC.	Government Agency Repurchase Agreement	100,000,000	1.71%	5/14/12	5/14/12	0.16	100,000,000	COLLATERALIZED AT 102% WITH U.S. TREASURY AND AGENCY SECURITIES
313384XM6	FHLB	Government Agency Debt	100,000,000	1.71%	5/30/12	5/30/12	0.08	99,996,667	FHLB
3134A4SA3	FHLMC	Government Agency Debt	95,000,000	1.67%	1/15/13	1/15/13	4.50	97,730,649	FHLMC
31381UP35	FNMA	Government Agency Debt	95,775,000	1.64%	8/1/12	8/1/12	0.14	95,745,050	Fannie Mae
06050BAA9	BANK OF AMERICA CORP.	Other Note	91,982,000	1.58%	6/15/12	6/15/12	3.13	92,216,295	FDIC (TLGP)
244265449	BARCLAYS CAPITAL INC	Treasury Repurchase Agreement	90,000,000	1.54%	5/14/12	5/14/12	0.15	90,000,000	COLLATERALIZED AT 102% WITH U.S. TREASURY AND AGENCY SECURITIES
244265443	DEUTSCHE BANK SECURITIES	Treasury Repurchase Agreement	90,000,000	1.54%	5/14/12	5/14/12	0.16	90,000,000	COLLATERALIZED AT 102% WITH U.S. TREASURY AND AGENCY SECURITIES
31381UF28	FNMA	Government Agency Debt	87,381,600	1.50%	1/2/13	1/2/13	0.23	87,252,936	FNMA
17313YAG6	CITIGROUP FDING INC.	Other Note	84,052,000	1.45%	7/12/12	7/12/12	2.13	84,323,370	FDIC (TLGP)
481247AE4	JPMORGAN CHASE & CO.	Other Note	82,187,000	1.41%	6/22/12	6/22/12	2.13	82,351,275	FDIC (TLGP)
244265539	GOLDMAN SACHS & CO	Government Agency Repurchase Agreement	82,000,000	1.41%	5/14/12	5/14/12	0.14	82,000,000	COLLATERALIZED AT 102% WITH U.S. TREASURY AND AGENCY SECURITIES
31381UQR1	FNMA	Government Agency Debt	80,536,000	1.38%	8/1/12	8/1/12	0.14	80,510,595	Federal National Mortgage Associ
31331KAL4	FFCB	Government Agency Debt	80,000,000	1.37%	5/14/12	7/9/12	0.27	80,004,980	FFCB
244265458	BNP PARIBAS SECURITIES CORP	Treasury Repurchase Agreement	80,000,000	1.37%	5/14/12	5/14/12	0.14	80,000,000	COLLATERALIZED AT 102% WITH U.S. TREASURY AND AGENCY SECURITIES
912828MN7	U.S. TREASURY NOTE	Treasury Debt	75,000,000	1.30%	2/15/13	2/15/13	1.38	75,669,372	US TREASURY N/B
3134G2BL5	FHLMC	Government Agency Debt	75,000,000	1.29%	5/21/12	3/21/13	0.20	75,032,316	FHLMC
313374SY7	FHLB	Government Agency Debt	75,000,000	1.29%	5/14/12	7/25/12	0.23	75,000,000	FHLB
31331KMD9	FFCB	Government Agency Debt	75,000,000	1.29%	6/1/12	8/1/12	0.18	74,998,460	FFCB
313396XS7	FHLMC	Government Agency Debt	70,000,000	1.20%	6/4/12	6/4/12	0.07	69,997,142	FHLMC
31381UEY9	FNMA	Government Agency Debt	66,624,000	1.14%	7/2/12	7/2/12	0.15	66,610,624	FNMA
313588H99	FNMA	Government Agency Debt	41,000,000	1.13%	10/1/12	10/1/12	0.15	40,976,083	FNMA
13033KY45	CALIFORNIA ST HSG FINANCE AGENCY, SERIES B	Variable Rate Demand Note	64,400,000	1.10%	5/18/12	2/1/35	0.21	64,400,000	FHLMC
31381UQV2	FNMA	Government Agency Debt	58,159,000	1.00%	8/1/12	8/1/12	0.14	58,140,654	Federal National Mortgage Associ
481247AJ3	JPMORGAN CHASE & CO.	Other Note	55,650,000	0.95%	6/15/12	6/15/12	0.70	55,665,619	FDIC (TLGP)
313588ZF5	FNMA	Government Agency Debt	55,000,000	0.94%	7/11/12	7/11/12	0.10	54,991,582	FNMA
31350AAA6	FHLMC	Variable Rate Demand Note	53,855,000	0.92%	5/18/12	5/15/46	0.27	53,855,000	FHLMC
31398A2C5	FNMA	Government Agency Debt	52,080,000	0.89%	5/29/12	7/26/12	0.23	52,084,238	FNMA
13033K2Y4	CALIFORNIA ST HSG FINANCE AGENCY, SERIES F	Variable Rate Demand Note	50,395,000	0.86%	5/18/12	2/1/37	0.21	50,395,000	FHLMC
313384ZH5	FHLB	Government Agency Debt	50,000,000	0.86%	7/13/12	7/13/12	0.11	49,990,667	Federal Home Loan Bank
31381UR41	FNMA, POOL #471307	Government Agency Debt	49,250,000	0.84%	8/1/12	8/1/12	0.14	49,234,599	Federal National Mortgage Associ
31331KLG3	FFCB	Government Agency Debt	47,000,000	0.81%	5/15/12	8/15/12	0.39	46,996,378	FFCB
244265514	BNP PARIBAS SECURITIES CORP	Government Agency Repurchase Agreement	45,000,000	0.77%	5/14/12	5/14/12	0.15	45,000,000	COLLATERALIZED AT 102% WITH U.S. TREASURY AND AGENCY SECURITIES
313384ZA0	FHLB	Government Agency Debt	44,980,000	0.77%	7/6/12	7/6/12	0.12	44,972,385	Federal Home Loan Bank
9127955W7	U.S. TREASURY BILL	Treasury Debt	42,000,000	0.72%	7/12/12	7/12/12	0.11	41,992,738	TREASURY BILL
64986MJ55	NEW YORK ST HSG FINANCE AGENCY, NORTH END SERIES A	Variable Rate Demand Note	41,750,000	0.72%	5/18/12	11/15/36	0.21	41,750,000	FNMA
3133792P3	FHLB	Government Agency Debt	40,000,000	0.69%	4/16/13	4/16/13	0.23	39,993,352	Federal Home Loan Bank
3134G2MJ8	FHLMC	Government Agency Debt	40,000,000	0.69%	5/17/12	6/17/13	0.19	39,991,522	FHLMC
31381UP43	FNMA	Government Agency Debt	39,500,000	0.68%	8/1/12	8/1/12	0.14	39,487,648	Federal National Mortgage Associ
13034PQQ3	CALIFORNIA ST HSG FINANCE AGENCY	Variable Rate Demand Note	39,230,000	0.67%	5/18/12	8/1/33	0.21	39,230,000	FNMA, FHLMC
313589AD5	FNMA	Government Agency Debt	39,200,000	0.67%	1/4/13	1/4/13	0.19	39,151,381	FNMA
31398AKY7	FNMA	Government Agency Debt	38,000,000	0.67%	2/12/13	2/12/13	3.63	38,976,835	FNMA
64970HDK7	NEW YORK CITY, HSG DEV CORP., WEST 61ST STR APARTMENTS, SERIES A	Variable Rate Demand Note	37,500,000	0.64%	5/18/12	12/15/37	0.22	37,500,000	FNMA
00037NPB6	ABAG FINANCE AUTHORITY FOR NONPROFIT CORPS	Variable Rate Demand Note	36,000,000	0.62%	5/18/12	10/1/46	0.17	36,000,000	FHLMC
31350AAN8	FHLMC	Variable Rate Demand Note	33,250,000	0.57%	5/18/12	6/15/36	0.27	33,250,000	FHLMC
196483CV1	COLORADO HSG & FINANCE AUTHORITY, CLASS I, SERIES A3	Variable Rate Demand Note	31,750,000	0.54%	5/18/12	5/1/38	0.22	31,750,000	FNMA
06050BAE1	BANK OF AMERICA CORP.	Other Note	30,670,000	0.53%	6/22/12	6/22/12	0.85	30,686,940	FDIC (TLGP)
912828MX5	U.S. TREASURY NOTE	Treasury Debt	30,000,000	0.52%	4/15/13	4/15/13	1.75	30,410,739	US TREASURY N/B
06050BAJ0	BANK OF AMERICA CORP.	Other Note	29,875,000	0.51%	6/22/12	6/22/12	2.38	29,944,347	FDIC (TLGP)
13077V4F6	CALIFORNIA STWIDE COMMUNITIES DEV AUTHORITY	Variable Rate Demand Note	29,320,000	0.50%	5/18/12	11/15/37	0.19	29,320,000	FNMA
455284EC9	INDIANAPOLIS, IN, LAKESIDE POINTE & FOX CLUB	Variable Rate Demand Note	27,700,000	0.47%	5/18/12	11/15/37	0.22	27,700,000	FNMA
13034PQK6	CALIFORNIA ST HSG FINANCE AGENCY	Variable Rate Demand Note	27,420,000	0.47%	5/18/12	2/1/32	0.21	27,420,000	FNMA, FHLMC
69351CAC7	PNC FDING CORP.	Other Note	27,341,000	0.47%	6/22/12	6/22/12	2.30	27,402,186	FDIC (TLGP)
79765TBY0	SAN FRANCISCO, CA, CITY & CNTY REDEV AGENCY	Variable Rate Demand Note	25,200,000	0.43%	5/18/12	6/15/34	0.20	25,200,000	FNMA
36967HAH0	GENERAL ELECTRIC CAPITAL CORP.	Other Note	25,000,000	0.43%	6/8/12	6/8/12	2.20	25,032,775	FDIC (TLGP)
3135G0CE1	FNMA	Government Agency Debt	25,000,000	0.43%	5/14/12	8/12/13	0.23	25,003,271	FNMA
64986M2T1	NEW YORK ST HSG FINANCE AGENCY	Variable Rate Demand Note	25,000,000	0.43%	5/18/12	11/1/38	0.22	25,000,000	FHLMC
3135G0FU2	FNMA	Government Agency Debt	25,000,000	0.43%	5/14/12	11/14/13	0.21	24,988,720	FNMA
3134G16A7	FHLMC	Government Agency Debt	22,950,000	0.39%	6/4/12	11/2/12	0.18	22,954,521	FHLMC
64970HAC8	NEW YORK CITY, HSG DEV CORP., SERIES A	Variable Rate Demand Note	22,370,000	0.38%	5/18/12	11/15/19	0.19	22,370,000	FNMA
79765PCL5	SAN FRANCISCO, CA, CITY & CNTY HSG AUTHORITY	Variable Rate Demand Note	20,800,000	0.36%	5/18/12	6/15/25	0.19	20,800,000	FNMA
244265434	MERRILL LYNCH	Treasury Repurchase Agreement	20,000,000	0.34%	5/14/12	5/14/12	0.14	20,000,000	COLLATERALIZED AT 102% WITH U.S. TREASURY AND AGENCY SECURITIES
64986MLH6	NEW YORK ST HSG FINANCE AGENCY	Variable Rate Demand Note	20,000,000	0.34%	5/18/12	5/15/32	0.21	20,000,000	FNMA
31331KKH2	FFCB	Government Agency Debt	17,750,000	0.30%	5/24/12	7/24/13	0.21	17,759,843	FFCB
61757UAH3	MORGAN STANLEY	Other Note	17,000,000	0.29%	6/20/12	6/20/12	1.95	17,031,091	MORGAN STANLEY & CO
481247AK0	JPMORGAN CHASE & CO.	Other Note	16,715,000	0.29%	6/15/12	6/15/12	2.20	16,743,066	FDIC (TLGP)
17314JAF0	CITIBANK NA	Other Note	15,990,000	0.27%	6/4/12	6/4/12	0.45	15,992,795	FDIC (TLGP)
31381UR58	FNMA, POOL #471308	Government Agency Debt	15,750,000	0.27%	8/1/12	8/1/12	0.14	15,745,075	Federal National Mortgage Associ
17313YAN1	CITIGROUP FDING INC.	Other Note	15,519,000	0.27%	11/15/12	11/15/12	1.88	15,646,798	FDIC (TLGP)
13033KP52	CALIFORNIA ST HSG FINANCE AGENCY	Variable Rate Demand Note	14,860,000	0.25%	5/18/12	8/1/34	0.21	14,860,000	FNMA, FHLMC
196483DH1	COLORADO HSG & FINANCE AUTHORITY, CLASS I, SERIES B1	Variable Rate Demand Note	14,700,000	0.25%	5/18/12	5/1/38	0.21	14,700,000	FNMA
313397AG6	FHLMC	Government Agency Debt	14,700,000	0.25%	1/7/13	1/7/13	0.19	14,681,535	FHLMC
13077V3R1	CALIFORNIA STWIDE COMMUNITIES DEV AUTHORITY, AGAVE AT ELK GROVE, SERIES DD	Variable Rate Demand Note	14,600,000	0.25%	5/18/12	10/15/36	0.19	14,600,000	FNMA
64970VBL6	NEW YORK CITY, HSG DEV CORP., FIRST AVENUE DEV, SERIES A	Variable Rate Demand Note	14,205,000	0.24%	5/18/12	10/15/35	0.22	14,205,000	FNMA
17314JAQ6	CITIBANK NA	Other Note	14,000,000	0.24%	6/21/12	9/21/12	0.47	14,015,438	CITIBANK N.A.
61757UAJ9	MORGAN STANLEY	Other Note	13,690,000	0.23%	6/20/12	6/20/12	0.82	13,698,553	FDIC (TLGP)
313589AH6	FNMA	Government Agency Debt	12,710,000	0.22%	1/8/13	1/8/13	0.19	12,693,968	FNMA
546398KH0	LOUISIANA PUB FACS AUTHORITY	Variable Rate Demand Note	12,600,000	0.22%	5/18/12	4/1/36	0.20	12,600,000	FHLMC
79728FJL6	SAN DIEGO, CA, HSG AUTHORITY	Variable Rate Demand Note	12,595,000	0.22%	5/18/12	1/15/35	0.19	12,595,000	FNMA
24424DAA7	JOHN DEERE CAPITAL CORP.	Other Note	12,500,000	0.21%	6/19/12	6/19/12	2.88	12,533,652	JOHN DEERE CAP
31331KCJ7	FFCB	Government Agency Debt	11,000,000	0.19%	5/22/12	2/22/13	0.23	11,004,387	FFCB
13077V2X9	CALIFORNIA STWIDE COMMUNITIES DEV AUTHORITY	Variable Rate Demand Note	10,750,000	0.18%	5/18/12	12/15/35	0.20	10,750,000	FNMA
313374H86	FHLB	Government Agency Debt	10,000,000	0.17%	5/29/12	12/27/12	0.17	10,001,585	FHLB
313589AC7	FNMA	Government Agency Debt	10,000,000	0.17%	1/3/13	1/3/13	0.19	9,987,650	FNMA
196483DF5	COLORADO HSG & FINANCE AUTHORITY, CLASS I, SERIES C1	Variable Rate Demand Note	9,535,000	0.16%	5/18/12	11/1/32	0.21	9,535,000	FNMA
51641CAJ0	LANSING, MI, ECO DEV CORP.	Variable Rate Demand Note	9,435,000	0.16%	5/18/12	3/1/42	0.24	9,435,000	FHLB
798165JQ0	SAN JOSE, CA	Variable Rate Demand Note	8,600,000	0.15%	5/18/12	2/1/37	0.19	8,600,000	FHLMC
949744AC0	WELLS FARGO & CO.	Other Note	8,535,000	0.15%	6/15/12	6/15/12	2.13	8,549,664	FDIC (TLGP)
3134G1P65	FHLMC	Government Agency Debt	8,456,000	0.15%	12/28/12	12/28/12	0.75	8,484,769	FHLMC
82170HAG9	SHELBY CNTY, TN, HEALTH EDUCATIONAL & HSG FACILITIES BOARD, HEDGEROW APARTMENTS, SERIES A1	Variable Rate Demand Note	8,210,000	0.14%	5/18/12	12/15/37	0.24	8,210,000	FNMA
3137EACP2	FHLMC	Government Agency Debt	5,395,000	0.09%	11/30/12	11/30/12	0.38	5,400,345	FHLMC
31398A6F4	FNMA	Government Agency Debt	5,151,000	0.09%	12/28/12	12/28/12	0.38	5,156,506	FNMA
690353LD7	OVERSEAS PRIVATE INVESTMENT	Government Agency Debt	4,622,061	0.08%	5/16/12	11/15/13	0.20	4,622,061	UNITED STATES OF AMERICA
17314JAG8	CITIBANK NA	Other Note	3,890,000	0.07%	6/4/12	6/4/12	1.88	3,893,599	FDIC (TLGP)
06050BAK7	BANK OF AMERICA CORP.	Other Note	2,740,000	0.05%	6/22/12	6/22/12	0.67	2,740,781	FDIC (TLGP)
481247AF1	JPMORGAN CHASE & CO.	Other Note	2,400,000	0.04%	6/22/12	6/22/12	0.85	2,401,151	FDIC (TLGP)
690353MH7	OVERSEAS PRIVATE INVESTMENT	Government Agency Debt	1,400,000	0.02%	5/16/12	3/15/15	0.20	1,400,000	UNITED STATES OF AMERICA

As required by Securities and Exchange Commission ("SEC") the Fund electronically files more detailed portfolio holdings and other information on Form N-MFP Monthly. The SEC will make the information filed on Form N-MFP available to the public 60 days after the end of the month to which the filing pertains. Please use the following link to obtain the fund’s most recent 12 months of publicly available filings on Form N-MFP. http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001272950&type=N-MFP&dateb=&count=20&scd=filings. By clicking on this link you will be leaving the RBC website and entering a third party site. The RBC website is not affiliated with, sponsored by or endorsed by any third party site. The first filing on Form N-MFP was made with respect to the month ended November 30, 2010.

The Fund's holdings report has not been audited. Fund holdings and sector allocations are subject to change and should not be considered a recommendation to buy or sell any security.

RBC Global Asset Management (U.S.) Inc. serves as investment adviser for RBC Funds. The RBC Funds are distributed by Quasar Distributors, LLC, an affiliate of U.S. Bancorp Fund Services, LLC.

NOT FDIC INSURED. NO BANK GUARANTEE. MAY LOSE VALUE.