RBC BlueBay High Yield Bond Fund Class I

Frequently Asked Questions About RGHYX

What does RGHYX invest in?

The fund aims to achieve significant total returns through a combination of current income and capital growth. Its core strategy involves dedicating at least 80% of its assets to fixed-income instruments, or economically equivalent investments, that are classified as non-investment grade (often referred to as high-yield or "junk" bonds). These securities are specifically chosen by the adviser for their perceived potential to deliver robust overall returns. Up to 20% of the portfolio's total value may be allocated to a broader range of securities, including those with investment-grade ratings.

What is the expense ratio of RGHYX?

RBC BlueBay High Yield Bond Fund Class I (RGHYX) charges an expense ratio of 0.57%. This is the annual fee deducted from fund assets to cover management and operations.

What is RGHYX's dividend yield?

RGHYX's trailing-twelve-month yield is 6.34%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of RGHYX?

Effective duration measures RGHYX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. RGHYX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of RGHYX?

RGHYX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of RGHYX?

Yield to maturity (YTM) is the total return you'd earn from RGHYX if every bond in the portfolio is held to maturity at the current price. RGHYX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.