RBC 1-5 Year Laddered Canadian Bond ETF (TSX: RLB)

Canada flag Canada · Delayed Price · Currency is CAD
18.31
+0.05 (0.27%)
Jun 28, 2024, 3:59 PM EDT
2.98%
Assets 106.03M
Expense Ratio 0.27%
PE Ratio n/a
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Frequency n/a
Payout Ratio n/a
1-Year Return +3.55%
Volume 1
Open 18.30
Previous Close 18.26
Day's Range n/a
52-Week Low 17.57
52-Week High 18.40
Beta 1.16
Holdings 10
Inception Date Jan 25, 2016

About RLB

The RBC ETF seeks to provide unitholders with exposure primarily to the performance of a diversified portfolio of Canadian corporate and government bonds, divided (?laddered?) into five groupings with staggered maturities from one to five years, that will provide regular income while preserving capital. The RBC ETF is not an index mutual fund and is managed in the discretion of the manager in accordance with its investment objectives and strategies and, as such, is generally more active in nature than index mutual funds.

Asset Class Fixed Income
Category Broad Credit
Stock Exchange Toronto Stock Exchange
Ticker Symbol RLB
Provider RBC

Performance

RLB had a total return of 3.55% in the past year. Since the fund's inception, the average annual return has been -0.96%, including dividends.