- ISIN
- US74926P3819
- CUSIP
- 74926P381
- Inception Date
- Nov 30, 2011
- Category
- High Yield Bonds
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
RGHYX Performance Chart
RBC BlueBay High Yield Bond Fund (RGHYX) is up 1.7% since the beginning of the year. RGHYX is currently trading at $10 per share. Investors who bought $1,000 worth of RGHYX shares 5 years ago would now be looking at an investment worth $1,252.
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Returns By Period
RBC BlueBay High Yield Bond Fund (RGHYX) has returned 1.67% so far this year and 6.97% over the past 12 months. Over the last ten years, RGHYX has returned 6.10% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
RBC BlueBay High Yield Bond Fund
- 1D
- 0.10%
- 1M
- 0.74%
- YTD
- 1.67%
- 6M
- 2.08%
- 1Y
- 6.97%
- 3Y*
- 8.67%
- 5Y*
- 4.59%
- 10Y*
- 6.10%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
RGHYX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2012, RGHYX's average daily return is +0.02%, while the average monthly return is +0.51%. At this rate, an investment would double in approximately 11.4 years.
Historically, 67% of months were positive and 33% were negative. The best month was Jul 2022 with a return of +5.3%, while the worst month was Mar 2020 at -7.5%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.
On a daily basis, RGHYX closed higher 45% of trading days. The best single day was Mar 26, 2020 with a return of +3.2%, while the worst single day was Mar 18, 2020 at -3.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.70% | -0.01% | -1.56% | 1.83% | 0.59% | 0.13% | 1.67% | ||||||
| 2025 | 1.43% | 0.70% | -1.20% | -0.07% | 2.00% | 1.55% | 0.91% | 1.28% | 0.79% | 0.13% | 0.50% | 0.69% | 9.02% |
| 2024 | 0.31% | -0.09% | 1.01% | -1.11% | 1.16% | 0.78% | 1.90% | 1.74% | 1.23% | -0.39% | 0.84% | -0.41% | 7.14% |
| 2023 | 3.78% | -1.60% | 0.97% | 0.75% | -1.02% | 1.58% | 1.53% | 0.33% | -1.05% | -0.98% | 4.42% | 3.70% | 12.88% |
| 2022 | -2.05% | -1.14% | -0.44% | -3.41% | -0.66% | -4.87% | 5.26% | -1.71% | -4.11% | 2.80% | 2.33% | -0.36% | -8.48% |
| 2021 | 0.00% | 0.34% | -0.09% | 0.93% | 0.06% | 0.95% | 0.16% | 0.45% | 0.22% | -0.32% | -0.88% | 1.86% | 3.72% |
Benchmark Metrics
RBC BlueBay High Yield Bond Fund has an annualized alpha of 4.26%, beta of 0.14, and R2 of 0.28 versus S&P 500 Index. Calculated based on daily prices since January 03, 2012.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (30.66%) than losses (26.78%) - typical of diversified or defensive assets.
- Beta of 0.14 may look defensive, but with R2 of 0.28 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 0.28 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
- 4.26%
- Beta
- 0.14
- R²
- 0.28
- Upside Capture
- 30.66%
- Downside Capture
- 26.78%
Expense Ratio
RGHYX has an expense ratio of 0.57%, placing it in the medium range.
Return for Risk
Risk / Return Rank
RGHYX ranks 79 for risk / return — better than 79% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for RBC BlueBay High Yield Bond Fund (RGHYX) 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.
| RGHYX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.37 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.73 | 2.78 | -0.05 |
| Martin ratioReturn relative to average drawdown | 12.65 | 12.44 | +0.21 |
Dividends
Dividend History
RBC BlueBay High Yield Bond Fund provided a 6.37% dividend yield over the last twelve months, with an annual payout of $0.63 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.63 | $0.67 | $0.68 | $0.61 | $0.56 | $0.57 | $0.60 | $0.51 | $0.65 | $0.40 | $0.44 | $0.42 |
Dividend yield | 6.37% | 6.68% | 6.91% | 6.22% | 6.04% | 5.29% | 5.54% | 4.88% | 6.79% | 3.88% | 4.44% | 4.38% |
Monthly Dividends
The table displays the monthly dividend distributions for RBC BlueBay High Yield 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.21 | ||||||
| 2025 | $0.00 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.06 | $0.06 | $0.06 | $0.05 | $0.07 | $0.12 | $0.67 |
| 2024 | $0.00 | $0.05 | $0.06 | $0.05 | $0.06 | $0.06 | $0.04 | $0.06 | $0.06 | $0.05 | $0.05 | $0.13 | $0.68 |
| 2023 | $0.00 | $0.03 | $0.04 | $0.04 | $0.04 | $0.06 | $0.04 | $0.05 | $0.06 | $0.05 | $0.07 | $0.13 | $0.61 |
| 2022 | $0.00 | $0.03 | $0.04 | $0.01 | $0.03 | $0.09 | $0.03 | $0.03 | $0.06 | $0.04 | $0.07 | $0.12 | $0.56 |
| 2021 | $0.00 | $0.02 | $0.00 | $0.03 | $0.04 | $0.03 | $0.05 | $0.04 | $0.04 | $0.03 | $0.03 | $0.25 | $0.57 |
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 High Yield 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 High Yield Bond Fund was 17.38%, occurring on Mar 23, 2020. Recovery took 83 trading sessions.
The current RBC BlueBay High Yield Bond Fund drawdown is 0.10%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -17.38%Mar 2020 | 1mo 4d | 4mo | 5mo 4dFeb 2020 - Jul 2020 |
Bear market2022 | -12.79%Sep 2022 | 8mo 28d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
2016 pullback2016 | -5.98%Feb 2016 | 8mo 13d | 2mo 18d | 11mo 1dJun 2015 - Apr 2016 |
2013 pullback2013 | -5.29%Jun 2013 | 1mo 16d | 4mo 8d | 5mo 24dMay 2013 - Oct 2013 |
Rate-hike selloffLate 2018 | -4.59%Dec 2018 | 2mo 21d | 1mo 14d | 4mo 5dOct 2018 - Feb 2019 |
Drawdown Indicators
| RGHYX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.38% | -56.78% | +39.40% |
Max Drawdown (1Y)Largest decline over 1 year | -2.65% | -9.10% | +6.45% |
Max Drawdown (3Y)Largest decline over 3 years | -4.01% | -18.90% | +14.89% |
Max Drawdown (5Y)Largest decline over 5 years | -12.79% | -25.43% | +12.64% |
Max Drawdown (10Y)Largest decline over 10 years | -17.38% | -33.92% | +16.54% |
Current DrawdownCurrent decline from peak | -0.10% | -1.80% | +1.70% |
Average DrawdownAverage peak-to-trough decline | -1.47% | -10.71% | +9.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.57% | 2.03% | -1.46% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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