- ISIN
- US74926P3991
- CUSIP
- 74926P399
- Issuer
- RBC
- Inception Date
- Nov 29, 2011
- Category
- Emerging Markets Bonds
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
RBESX Performance Chart
RBC BlueBay Emerging Market Debt Fund (RBESX) is up 2.8% since the beginning of the year. RBESX is currently trading at $9 per share. Investors who bought $1,000 worth of RBESX shares 5 years ago would now be looking at an investment worth $1,223.
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Returns By Period
RBC BlueBay Emerging Market Debt Fund (RBESX) has returned 2.84% so far this year and 10.26% over the past 12 months. Over the last ten years, RBESX has returned 4.38% per year, falling short of the S&P 500 Index benchmark, which averaged 13.29% annually.
RBC BlueBay Emerging Market Debt Fund
- 1D
- 0.11%
- 1M
- -1.31%
- 6M
- 1.37%
- YTD
- 2.84%
- 1Y
- 10.26%
- 3Y*
- 10.33%
- 5Y*
- 4.11%
- 10Y*
- 4.38%
- ALL TIME*
- 3.50%
Benchmark (S&P 500 Index)
- 1D
- 1.48%
- 1M
- 1.57%
- 6M
- 8.95%
- YTD
- 11.03%
- 1Y
- 21.84%
- 3Y*
- 19.28%
- 5Y*
- 11.54%
- 10Y*
- 13.29%
- ALL TIME*
- 8.11%
RBESX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2012, RBESX's average daily return is +0.03%, while the average monthly return is +0.33%. At this rate, an investment would double in approximately 17.5 years.
Historically, 60% of months were positive and 40% were negative. The best month was Nov 2022 with a return of +8.6%, while the worst month was Mar 2020 at -16.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, RBESX closed higher 46% of trading days. The best single day was Sep 21, 2017 with a return of +72.5%, while the worst single day was Sep 22, 2017 at -42.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.34% | 1.32% | -3.55% | 3.13% | 1.11% | 0.86% | -1.27% | 2.84% | |||||
| 2025 | 1.69% | 1.37% | -1.14% | -0.24% | 1.09% | 2.49% | 1.47% | 1.54% | 1.83% | 2.00% | 0.50% | 1.19% | 14.64% |
| 2024 | -1.58% | 1.20% | 2.48% | -2.22% | 1.68% | 0.30% | 1.73% | 2.35% | 2.00% | -1.43% | 1.33% | -1.01% | 6.90% |
| 2023 | 4.44% | -2.75% | 0.87% | 0.21% | -0.47% | 4.04% | 2.94% | -1.82% | -2.98% | -0.69% | 5.94% | 5.44% | 15.63% |
| 2022 | -2.07% | -3.67% | 0.38% | -5.75% | -0.35% | -7.76% | 2.69% | -1.24% | -6.47% | 0.61% | 8.64% | 0.45% | -14.57% |
| 2021 | -1.16% | -2.43% | -2.51% | 2.78% | 1.10% | 0.47% | 0.14% | 1.38% | -2.52% | 0.05% | -3.11% | 2.54% | -3.45% |
Benchmark Metrics
RBC BlueBay Emerging Market Debt Fund has an annualized alpha of 5.35%, beta of 0.17, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since January 03, 2012.
- This fund participated in 56.55% of S&P 500 Index downside but only 35.80% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.17 may look defensive, but with R2 of 0.01 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 5.35%
- Beta
- 0.17
- R²
- 0.01
- Upside Capture
- 35.80%
- Downside Capture
- 56.55%
Expense Ratio
RBESX has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Risk / Return Rank
RBESX ranks 86 for risk / return — above 86% of mutual funds peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for RBC BlueBay Emerging Market Debt Fund (RBESX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RBESX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.31 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.49 | 2.41 | +0.08 |
| Martin ratioReturn relative to average drawdown | 10.06 | 10.22 | -0.16 |
Dividends
Dividend History
RBC BlueBay Emerging Market Debt Fund provided a 4.49% dividend yield over the last twelve months, with an annual payout of $0.41 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.41 | $0.50 | $0.54 | $0.54 | $0.60 | $0.33 | $0.37 | $0.60 | $0.35 | $0.37 |
Dividend yield | 4.49% | 5.58% | 6.59% | 6.60% | 7.85% | 3.37% | 3.58% | 5.94% | 3.78% | 3.67% |
Monthly Dividends
The table displays the monthly dividend distributions for RBC BlueBay Emerging Market Debt Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.01 | $0.04 | $0.03 | $0.04 | $0.01 | $0.13 | |||||
| 2025 | $0.00 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.06 | $0.04 | $0.08 | $0.10 | $0.50 |
| 2024 | $0.00 | $0.03 | $0.05 | $0.03 | $0.05 | $0.02 | $0.03 | $0.07 | $0.04 | $0.03 | $0.05 | $0.15 | $0.54 |
| 2023 | $0.00 | $0.00 | $0.03 | $0.04 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.03 | $0.13 | $0.09 | $0.54 |
| 2022 | $0.00 | $0.06 | $0.03 | $0.00 | $0.00 | $0.12 | $0.05 | $0.01 | $0.10 | $0.03 | $0.06 | $0.12 | $0.60 |
| 2021 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.02 | $0.03 | $0.04 | $0.05 | $0.01 | $0.08 | $0.08 | $0.33 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the RBC BlueBay Emerging Market Debt Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the RBC BlueBay Emerging Market Debt Fund was 51.19%, occurring on Mar 23, 2020. The portfolio has not yet recovered.
The current RBC BlueBay Emerging Market Debt Fund drawdown is 18.49%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-51.19%Mar 2020 | 2y 6mo | — | 8y 10moSep 2017 - now | COVID crash2020 |
-39.51%Aug 2017 | 1d | 27d | 27dAug 2017 - Sep 2017 | — |
-20.65%Jan 2016 | 2y 8mo | 1y 7mo | 4y 3moMay 2013 - Aug 2017 | — |
-4.11%Jun 2012 | 28d | 1mo 1d | 1mo 29dMay 2012 - Jul 2012 | — |
-2.04%Mar 2013 | 2mo 23d | 12d | 3mo 5dJan 2013 - Apr 2013 | — |
Drawdown Indicators
| RBESX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.19% | -56.78% | +5.59% |
Max Drawdown (1Y)Largest decline over 1 year | -4.18% | -9.10% | +4.92% |
Max Drawdown (3Y)Largest decline over 3 years | -6.13% | -18.90% | +12.77% |
Max Drawdown (5Y)Largest decline over 5 years | -26.82% | -25.43% | -1.39% |
Max Drawdown (10Y)Largest decline over 10 years | -51.19% | -33.92% | -17.27% |
Current DrawdownCurrent decline from peak | -18.49% | -0.12% | -18.37% |
Average DrawdownAverage peak-to-trough decline | -25.33% | -10.70% | -14.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 2.14% | -1.11% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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