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Ticker: RSDIX CUSIP: 74926P274

Investment objective

  • The Fund seeks to achieve a high level of current income consistent with preservation of capital.

Investment strategy

  • The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in fixed income securities. The fixed income securities in which the Fund may invest include, but are not limited to, bonds, convertible securities, municipal securities, mortgage-related and asset-backed securities, and obligations of governments and their agencies. The Fund may invest in securities with fixed, floating or variable rates of interest. The Fund may invest up to 25% of its net assets in securities that are non-investment grade (high yield/junk bond).

Fund manager(s)

  • BlueBay Senior Portfolio Manager, RBC Global Asset Management (U.S.) Inc.
  • BlueBay Portfolio Manager, RBC Global Asset Management (U.S.) Inc.
  • Senior Portfolio Manager, RBC Global Asset Management (U.S.) Inc.

Fund facts

Expense Ratio:
Gross: 0.79% Net1: 0.35%
Minimum Initial Investment:
$10,000.00
Inception date:
12/30/13
Net fund asset (all share classes):
$64.399M
Dividend Frequency:
Monthly

Performance

Month End

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Total Returns (%) Average Annual Total Returns (%) 7-Day Yields (%)
MTD YTD 1 Yr 3 Yr 5 Yr 10 Yr Incept. Avg. Effective Avg.* Effective*
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Quarter End

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Total Returns (%) Average Annual Total Returns (%) 7-Day Yields (%)
QTD YTD 1 Yr 3 Yr 5 Yr 10 Yr Incept. Avg. Effective Avg.* Effective*
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Calendar Returns

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Performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will flucuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance shown reflects contractual fee waivers. Without such waivers, total returns would be reduced.

Distributions2

Record Date Pay Date Monthly Year-To-Date
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Holdings

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Sector allocations

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Disclosure

1The Adviser has contractually agreed to waive certain fees and/or pay certain operating expenses until at least 7/31/24. Net expense ratios are as of the most recent prospectus (available in the Document Library) and applicable to investors.


2Fund distributions are taxable to you in the same manner whether received in cash or reinvested in additional Fund shares. A distribution will be treated as paid to you on December 31 of the current calendar year if it is declared by the Fund in October, November or December with a record date in such a month and paid by the Fund during January of the following calendar year. Each year, the Fund will notify you of the tax status of dividends and other distributions. You will recognize taxable gain or loss on a sale or redemption of your shares in the Fund, based on the difference between your tax basis in the shares and the amount you receive for them. Generally, you will recognize a long-term capital gain or loss if you have held your fund shares for over twelve months at the time you sell them. To aid in computing your tax basis, you generally should retain your account statements for the period during which you held shares. Fund distributions also may be subject to state, local and foreign taxes. In many states, Fund distributions that are derived from interest on certain U.S. Government obligations are exempt from taxation. You should consult a tax adviser regarding the particular tax consequences of an investment in the Fund.


The name of the fund was changed from RBC Short Duration Fixed Income Fund to RBC BlueBay Short Duration Fixed Income Fund on 7/26/2023.


The ICE BofA 1-3 Year US Corporate & Government Index tracks the performance of U.S. dollar-denominated, investment grade debt publicly issued in the U.S. domestic market, including U.S. Treasury, U.S. agency, foreign government, supranational, and corporate securities with a remaining term to final maturity less than three years. You cannot invest directly in an index.


Fund holding and/or sector allocation are subject to change at any time and are not recommendations to buy or sell any security. Current and future holdings are subject to risk.


Mutual fund investing involves risk. Principal loss is possible. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. The Fund invests in mortgage-related securities including pass-throughs and collateralized mortgage obligations, which include additional risks that an investor should be aware of such as credit risk, prepayment risk, possible illiquidity and default, and increased susceptibility to adverse economic developments. Investments in lower- and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities. The Fund may invest in derivatives, including futures contracts, which involve risks different from and, in certain cases, greater than risks presented by more traditional investments. These risks are described more fully in the prospectus.


Before investing, you should carefully consider a fund's investment objectives, risks, charges and expenses. This and other information is included in the prospectus, which you can find on the Document Library page or by calling 800.422.2766. Please read the prospectus carefully before investing.

Not FDIC Insured. No Bank Guarantee. May Lose Value.


RBC Global Asset Management (U.S.) Inc. is the Adviser for the RBC Funds Trust. The Funds are distributed by Quasar Distributors, LLC. Securities are offered through RBC Wealth Management, a division of RBC Capital Markets, LLC, member NYSE/FINRA/SIPC.


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