BlueBay Destra International Event-Driven Credit Fund Class I Shares (CEDIX)
| Fund Assets | n/a |
| Expense Ratio | 2.27% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 2.45 |
| Dividend Yield | 11.10% |
| Dividend Growth | -1.51% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 22.09 |
| YTD Return | 2.62% |
| 1-Year Return | -6.22% |
| 5-Year Return | 89.89% |
| 52-Week Low | 21.49 |
| 52-Week High | 24.23 |
| Beta (5Y) | 0.06 |
| Holdings | n/a |
| Inception Date | n/a |
About CEDIX
The BlueBay Destra International Event-Driven Credit Fund Class I is an interval mutual fund that specializes in event-driven credit strategies with a global focus. Its primary objective is to generate attractive total returns through a combination of income and capital appreciation by investing primarily in credit-related instruments impacted by corporate, market, or regulatory events. Notable examples of such events include mergers, acquisitions, restructurings, spin-offs, and bankruptcies. The fund applies a disciplined, bottom-up credit analysis to identify mispriced securities across international markets, aiming to capture opportunities while emphasizing risk management and capital preservation. Managed by the BlueBay Developed Markets Special Situations Credit team at RBC GAM (UK) Limited, the fund is recognized for its resilience through various market cycles and its capacity to offer diversification benefits due to its low correlation to traditional stocks and bonds. Since its inception in 2018, it has demonstrated strong risk-adjusted performance, particularly during periods of heightened market volatility and rising interest rates. The fund’s structure as a closed-end interval fund allows for professional management and global diversification, making it a distinctive offering within the alternative credit strategy space.
Performance
CEDIX had a total return of -6.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.95%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.2892 | Jun 30, 2025 |
| Mar 28, 2025 | $0.3027 | Mar 31, 2025 |
| Dec 27, 2024 | $1.5361 | Dec 30, 2024 |
| Sep 27, 2024 | $0.3234 | Sep 27, 2024 |
| Jun 27, 2024 | $0.6961 | Jun 27, 2024 |
| Mar 27, 2024 | $0.2723 | Mar 28, 2024 |