RBC BlueBay Core Plus Bond Fund (RCPIX)
The fund primarily invests in fixed income securities, with the flexibility to include high yield and other securities in addition to investment-grade fixed income securities. The strategy aims to align with the Bloomberg U.S. Aggregate Bond Index.
Fund Info
Issuer | RBC Global Asset Management. |
---|---|
Inception Date | Oct 31, 2021 |
Category | Intermediate Core-Plus Bond |
Min. Investment | $1,000,000 |
Asset Class | Bond |
Expense Ratio
RCPIX features an expense ratio of 0.45%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in RBC BlueBay Core Plus Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
RBC BlueBay Core Plus Bond Fund had a return of 8.16% year-to-date (YTD) and 14.69% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 8.16% | 18.10% |
1 month | 1.80% | 1.42% |
6 months | 7.78% | 10.08% |
1 year | 14.69% | 26.58% |
5 years (annualized) | N/A | 13.42% |
10 years (annualized) | N/A | 10.87% |
Monthly Returns
The table below presents the monthly returns of RCPIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.80% | -0.91% | 1.15% | -2.05% | 1.94% | 1.20% | 2.63% | 1.94% | 8.16% | ||||
2023 | 4.46% | -2.08% | 1.06% | 0.70% | -0.84% | -0.52% | 1.80% | -0.46% | -2.03% | -1.79% | 5.25% | 4.07% | 9.64% |
2022 | -1.81% | -1.56% | -2.93% | -3.54% | -0.33% | -2.22% | 2.21% | -2.15% | -4.67% | -1.93% | 4.12% | 0.25% | -13.91% |
2021 | -0.00% | -0.19% | -0.19% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of RCPIX is 79, placing it in the top 21% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for RBC BlueBay Core Plus Bond Fund (RCPIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
RBC BlueBay Core Plus Bond Fund granted a 4.83% dividend yield in the last twelve months. The annual payout for that period amounted to $0.45 per share.
Period | TTM | 2023 | 2022 | 2021 |
---|---|---|---|---|
Dividend | $0.45 | $0.38 | $0.28 | $0.02 |
Dividend yield | 4.83% | 4.33% | 3.38% | 0.21% |
Monthly Dividends
The table displays the monthly dividend distributions for RBC BlueBay Core Plus Bond 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 | $0.02 | $0.05 | $0.01 | $0.15 | |||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.03 | $0.02 | $0.00 | $0.03 | $0.02 | $0.16 | $0.11 | $0.38 |
2022 | $0.00 | $0.02 | $0.01 | $0.00 | $0.00 | $0.03 | $0.01 | $0.01 | $0.07 | $0.02 | $0.02 | $0.09 | $0.28 |
2021 | $0.02 | $0.02 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the RBC BlueBay Core Plus Bond 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 Core Plus Bond Fund was 19.19%, occurring on Oct 24, 2022. Recovery took 458 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-19.19% | Nov 10, 2021 | 240 | Oct 24, 2022 | 458 | Aug 21, 2024 | 698 |
-0.22% | Aug 22, 2024 | 1 | Aug 22, 2024 | 1 | Aug 23, 2024 | 2 |
-0.11% | Aug 29, 2024 | 1 | Aug 29, 2024 | 2 | Sep 3, 2024 | 3 |
-0.11% | Sep 11, 2024 | 1 | Sep 11, 2024 | 2 | Sep 13, 2024 | 3 |
-0.1% | Nov 3, 2021 | 1 | Nov 3, 2021 | 1 | Nov 4, 2021 | 2 |
Volatility
Volatility Chart
The current RBC BlueBay Core Plus Bond Fund volatility is 0.79%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.