RBC Target 2024 Canadian Corporate Bond Index ETF (TSX: RQL)
Canada
· Delayed Price · Currency is CAD | Assets | 298.87M |
| Expense Ratio | 0.25% |
| PE Ratio | n/a |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 2.43% |
| Ex-Dividend Date | Jun 21, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| 1-Year Return | +2.77% |
| Volume | 701 |
| Open | 20.42 |
| Previous Close | 20.42 |
| Day's Range | n/a |
| 52-Week Low | 19.83 |
| 52-Week High | 20.42 |
| Beta | 0.49 |
| Holdings | 10 |
| Inception Date | Sep 12, 2018 |
About RQL
The fund is a held-to-maturity portfolio that aims to provide income by replicating the performance of the FTSE Canada 2024 Maturity Corporate Bond Index. The index is primarily composed of Canadian dollar-denominated, corporate bonds with effective maturities in 2024. Each bond must be rated BBB or higher, and must not exceed 10% weight in the index. The funds maturity date will be on or about November 30, 2024. RQL will voluntarily delist from the TSX in advance of its termination date, and upon maturity, it will dissolve and return all capital to investors. The index is rebalanced semi-annually, except in the maturity year.
Performance
RQL had a total return of 2.77% in the past year. Since the fund's inception, the average annual return has been 0.40%, including dividends.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 21, 2024 | 0.030 CAD | Jun 28, 2024 |
| May 23, 2024 | 0.030 CAD | May 31, 2024 |
| Apr 22, 2024 | 0.045 CAD | Apr 30, 2024 |
| Mar 20, 2024 | 0.050 CAD | Mar 28, 2024 |
| Feb 21, 2024 | 0.045 CAD | Feb 29, 2024 |
| Jan 23, 2024 | 0.042 CAD | Jan 31, 2024 |