- ISIN
- US74933U6055
- CUSIP
- 74933U605
- Inception Date
- Dec 18, 2017
- Category
- Intermediate Core Bond
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
RIBIX Performance Chart
RBC Impact Bond Fund (RIBIX) is down 1.5% since the beginning of the year. RIBIX is currently trading at $8 per share. Investors who bought $1,000 worth of RIBIX shares 5 years ago would now be looking at an investment worth $949.
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Returns By Period
RBC Impact Bond Fund (RIBIX) has returned -1.54% so far this year and 1.61% over the past 12 months.
RBC Impact Bond Fund
- 1D
- 0.24%
- 1M
- 0.40%
- YTD
- -1.54%
- 6M
- -1.20%
- 1Y
- 1.61%
- 3Y*
- 2.82%
- 5Y*
- -1.04%
- 10Y*
- —
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%
RIBIX Monthly Returns History
Based on dividend-adjusted daily data since Dec 29, 2017, RIBIX's average daily return is 0.00%, while the average monthly return is +0.08%. At this rate, an investment would double in approximately 72.2 years.
Historically, 50% of months were positive and 50% were negative. The best month was Nov 2023 with a return of +4.5%, while the worst month was Sep 2022 at -4.1%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 7 months.
On a daily basis, RIBIX closed higher 44% of trading days. The best single day was Nov 10, 2022 with a return of +1.9%, while the worst single day was Mar 18, 2020 at -1.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.12% | 0.93% | -1.87% | -0.02% | 0.28% | -0.71% | -1.54% | ||||||
| 2025 | 0.94% | 1.86% | 0.12% | 0.45% | -0.93% | 1.49% | -0.47% | 1.39% | 0.10% | 0.45% | 0.56% | -0.12% | 5.95% |
| 2024 | -0.03% | -1.18% | 0.70% | -2.36% | 1.29% | 0.71% | 1.99% | 1.63% | 1.36% | -2.50% | 1.26% | -1.63% | 1.11% |
| 2023 | 3.20% | -2.40% | 2.53% | 0.23% | -0.98% | -0.05% | -0.07% | -0.82% | -2.43% | -1.83% | 4.53% | 3.77% | 5.50% |
| 2022 | -2.07% | -1.09% | -2.95% | -3.88% | -0.11% | -1.26% | 2.43% | -3.09% | -4.11% | -1.79% | 3.25% | -0.56% | -14.47% |
| 2021 | -0.52% | -1.69% | -0.93% | 0.80% | 0.08% | 0.76% | 1.06% | -0.20% | -1.07% | 0.01% | 0.31% | -0.46% | -1.86% |
Benchmark Metrics
RBC Impact Bond Fund has an annualized alpha of 1.07%, beta of -0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since December 29, 2017.
- This fund participated in 18.55% of S&P 500 Index downside but only 9.80% of its upside - more exposed to losses than it benefited from rallies.
- Beta of -0.00 may look defensive, but with R2 of 0.00 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 0.00 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
- 1.07%
- Beta
- -0.00
- R²
- 0.00
- Upside Capture
- 9.80%
- Downside Capture
- 18.55%
Expense Ratio
RIBIX has an expense ratio of 0.73%, placing it in the medium range.
Return for Risk
Risk / Return Rank
RIBIX ranks 6 for risk / return — in the bottom 6% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for RBC Impact Bond Fund (RIBIX) 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.
| RIBIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.61 | ||
| Sortino ratioReturn per unit of downside risk | -2.16 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.37 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.53 | 2.78 | -2.25 |
| Martin ratioReturn relative to average drawdown | 1.43 | 12.44 | -11.01 |
Dividends
Dividend History
RBC Impact Bond Fund provided a 3.55% dividend yield over the last twelve months, with an annual payout of $0.30 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.35 | $0.28 | $0.22 | $0.18 | $0.20 | $0.34 | $0.39 | $0.24 | $0.01 |
Dividend yield | 3.55% | 4.02% | 3.35% | 2.50% | 2.10% | 1.94% | 3.28% | 3.91% | 2.44% | 0.05% |
Monthly Dividends
The table displays the monthly dividend distributions for RBC Impact 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 | $0.03 | $0.00 | $0.02 | $0.02 | $0.03 | $0.00 | $0.10 | ||||||
| 2025 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
| 2024 | $0.03 | $0.03 | $0.00 | $0.03 | $0.03 | $0.00 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.28 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.00 | $0.03 | $0.03 | $0.02 | $0.00 | $0.03 | $0.00 | $0.03 | $0.03 | $0.22 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.18 |
| 2021 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.07 | $0.20 |
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 Impact 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 Impact Bond Fund was 19.37%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current RBC Impact Bond Fund drawdown is 6.87%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -19.37%Oct 2022 | 2y 2mo | — | 5y 10moAug 2020 - now |
COVID crash2020 | -5.62%Mar 2020 | 9d | 3mo 22d | 4mo 1dMar 2020 - Jul 2020 |
Rate-hike selloffLate 2018 | -3.28%Nov 2018 | 10mo 8d | 1mo 26d | 12mo 4dJan 2018 - Jan 2019 |
2019 pullback2019 | -2.13%Sep 2019 | 8d | 4mo 13d | 4mo 21dSep 2019 - Jan 2020 |
2019 pullback2019 | -0.92%Jan 2019 | 14d | 13d | 27dJan 2019 - Jan 2019 |
Drawdown Indicators
| RIBIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.37% | -56.78% | +37.41% |
Max Drawdown (1Y)Largest decline over 1 year | -3.29% | -9.10% | +5.81% |
Max Drawdown (3Y)Largest decline over 3 years | -6.20% | -18.90% | +12.70% |
Max Drawdown (5Y)Largest decline over 5 years | -18.98% | -25.43% | +6.45% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -6.87% | -1.80% | -5.07% |
Average DrawdownAverage peak-to-trough decline | -6.43% | -10.71% | +4.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.21% | 2.03% | -0.82% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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