RBTRX — RBC BlueBay Global Bond Fund

RBTRX Fund Overview

RBTRX — RBC BlueBay Global Bond Fund is a US mutual fund managed by Rbc Funds Trust, categorised as Total Return Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Rbc Funds Trust
• Category: Total Return Allocation
• Assets under management: $28.69M
• 1-year return: 2.2%
• Ticker: RBTRX
• SEC CIK: 0001272950
• SEC series ID: S000046779
• Share class ID: C000146123

RBTRX Investment Objective and Strategy

RBC BlueBay Global Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Rbc Funds Trust.

Investment objective

The Fund seeks to achieve a high level of total return consisting of income and capital appreciation.

Principal investment strategy

The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 % of its assets in credit related instruments and/or investments that have similar economic characteristics as credit related instruments that are considered by the Fund to have the potential to provide a high level of total return. Credit related instruments include bonds, debt securities and loans issued by various U.S. and non-U.S. public- or private-sector entities, derivatives and cash equivalents. The Fund can invest in securities of any rating, in unrated debt securities and in distressed debt securities. The Fund will invest in securities, such as bonds and loans, convertible bonds and emerging market debt from issuers globally. The Funds investments will be denominated in both the U.S.

Dollar and currencies of other developed countries, and in currencies of the local emerging market countries. Currencies of developed countries include: U.S. Dollar, Canadian Dollar, Euro, GB Pound and Japanese Yen. Local currencies can be defined as the currency of the issuer based in emerging market countries worldwide (e.g. Brazil bonds issued in Brazilian Real). The Fund will not be managed relative to an index. The Sub-Advisor selects securities for purchase or sale through active security selection, asset allocation and capital preservation techniques. The Sub- Advisor uses a blend of top-down asset allocation process with a bottom-up security selection with capital preservation focus based on fundamental credit research. Substantially all of the Funds assets may be invested in non- investment grade securities (commonly referred to as junk bonds), which are securities rated Ba 1 or BB+ or below by Moodys Investors Service, Inc.

(Moodys) or Standard & Poors Financial Services LLC (S&P), respectively, a similar rating from a recognized agency, or unrated securities deemed comparable by the Fund. The Fund may also invest in investment grade securities and unrated securities. The Fund may invest up to 50 % of its net assets in convertible bonds, warrant- linked bonds and similar convertible instruments issued by domestic or international issuers. Convertible securities, which are issued by companies of all sizes and market capitalizations, include, but are not limited to: corporate bonds, contingent convertible securities, debentures, notes or preferred stocks and their hybrids that can be converted into (exchanged for) common stock or other securities, such as warrants or options, which provide an opportunity for equity participation.

A contingent convertible security is a hybrid debt security typically issued by a non-U.S. bank that may be convertible into equity or may be written down if a pre-specified trigger event occurs. The Fund may invest in securities of any market capitalization, and may from time to time invest a significant amount of its assets in securities of smaller companies. The Funds investments may be of any maturity. The Fund will invest, either directly or indirectly (e.g. via derivatives such as credit linked notes, foreign exchange forwards, non-deliverable forwards, total return swaps, interest rate swaps, currency swaps, options, futures, swaptions and credit default swaps), primarily in credit related instruments that are non-investment grade. Derivatives, which are instruments that have a value based on another instrument, interest rate, exchange rate or index, may be used as substitutes for securities in which the Fund can invest.

The Fund may use futures contracts, options, swaps and forwards as tools in the management of portfolio assets. The Fund may use such derivatives through either the creation of long and short positions to hedge various investments, for investment purposes, for risk management and/or in a manner intended to increase income or gain to the Fund, such as from currency movements. The Fund may also use repurchase and reverse repurchase agreements.

RBTRX Performance

Total returns for RBTRX (as of 2026-10-01), from SEC filings.

RBTRX Risk Information

Risk metrics for RBTRX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 2.5%

RBTRX Costs and Fees

RBTRX costs about $53 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.53%
• Gross expense ratio: 1.75%
• Portfolio turnover: 94%
• Brokerage commissions: 0.08 bps of average net assets (SEC N-CEN)

RBTRX Cashflows

Over the 12 months to 2021-06, RBC BlueBay Global Bond Fund had net inflows of $267.06K, from monthly SEC N-PORT filings.

RBTRX Debt Constituents

No individual debt constituents are reported in RBC BlueBay Global Bond Fund's latest SEC N-PORT filing.

RBTRX Prospectus and SEC Filings

Official RBC BlueBay Global Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2021-01-28
• Prospectus (485BPOS) — filed 2020-02-11
• Prospectus (485BPOS) — filed 2019-10-09
• Portfolio holdings (N-PORT) — filed 2021-08-24
• Portfolio holdings (N-PORT) — filed 2021-05-20
• Portfolio holdings (N-PORT) — filed 2021-02-24
• Annual census (N-CEN) — filed 2020-12-14
• Annual census (N-CEN) — filed 2019-12-16

Related Funds

Other Total Return Allocation funds tracked on ABC INVEST:

• Federated Total Return Bond Fund (FTRFX)
• Columbia Balanced Fund (CBLAX)
• MFS Total Return Fund (MSFRX)
• AllianzGI Income & Growth Fund (AZNAX)
• AQR Risk Parity Fund (AQRNX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.