About RCPAX
RBC BlueBay Core Plus Bond Fund Class A is an actively managed mutual fund focused on providing total return through a diversified portfolio of fixed income securities. As an Intermediate Core-Plus Bond fund, it typically allocates at least 80% of its assets to a broad range of bonds, including U.S. Treasuries, government and agency securities, corporate bonds, mortgage-backed and asset-backed securities, as well as select municipal bonds. The fund incorporates both investment-grade and, to a limited extent, high-yield (non-investment grade) bonds—up to 20% of its assets—allowing for modest exposure to higher-risk, higher-return segments of the market. Additionally, it may utilize derivatives and foreign securities to enhance returns and manage risk. Environmental, social, and governance (ESG) criteria are integrated into the investment process. The fund is designed to provide income and capital appreciation potential, and serves as a core bond holding for investors seeking a blend of stability, income, and diversification within the fixed income sector.
Fund Family RBC Global Asset Management.
Category Intermediate Core-Plus Bond
Performance Rating High
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol RCPAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR
RCPAX had a total return of -2.39% in the past year, including dividends. Since the fund's
inception, the average annual return has been 0.77%.
