About RULFX
RBC BlueBay Ultra-Short Fixed Income Fund Class A is a mutual fund designed to deliver a high level of current income while prioritizing capital preservation. It achieves this objective by allocating at least 80% of its assets to a diverse array of fixed income securities, including bonds, convertible securities, municipal securities, mortgage-related and asset-backed securities, as well as obligations issued by governments and their agencies. The portfolio features securities with fixed, floating, or variable interest rates and may include up to 25% in non-investment grade high-yield bonds to enhance yield potential. Managed by experienced professionals at RBC Global Asset Management (U.S.) Inc., including BlueBay senior portfolio managers, the fund maintains a short duration profile typical of the ultrashort bond category, emphasizing investment-grade U.S. fixed-income issues. Key holdings often include corporate notes from issuers like Bank of America, Charles Schwab, and Wells Fargo, alongside cash equivalents. With monthly dividend distributions and an inception date of March 3, 2014, this fund serves as a conservative option for income-focused investors seeking stability in fluctuating interest rate environments within the broader fixed income market.
Fund Family RBC Global Asset Management.
Category Short Inv Grade
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol RULFX
Share Class Class A
Index ICE BofA 1 Year T-Bill TR
RULFX had a total return of 3.06% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.53%.
