Ticker: RORIX CUSIP: 74933U480
Differentiated Approach
An actively managed, multi-sector credit strategy designed to dynamically respond to changing market conditions. The fund leverages a deeply experienced, unified investment team to source compelling total return opportunities across diversified credit sectors, with a focus on public leveraged finance markets and flexibility to invest in lower-rated securitized market segments.
Investment Objective
The Fund seeks to achieve a high level of total return consisting of income and capital appreciation.
Investment Approach
Employs a disciplined, research-driven approach combining bottom-up credit analysis with macro-driven allocation decisions. The strategy utilizes:
Rigorous fundamental credit research
Active management across primary and secondary markets
Actively managed sector allocation- not a sleeve
Portfolio Composition
Invests at least 80% in credit and credit-related instruments (including high yield bonds, leveraged loans, structured credit, and asset-backed securities)
Primarily sub-investment grade
Duration* flexibility of 3-7 years based on market conditions
Strategic use of derivatives for risk management and portfolio positioning
Primarily U.S. dollar-denominated securities
Fund manager(s)
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Managing Director, Head of U.S. Fixed Income, BlueBay Senior Portfolio Manager, RBC Global Asset Management (U.S.) Inc.
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BlueBay Senior Portfolio Manager
Fund facts
- Expense Ratio:
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- Minimum Initial Investment:
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$1,000,000
- Inception date:
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3/30/26
- Net fund asset (all share classes):
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- Dividend Frequency:
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Monthly
- NAV:
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No data available
Disclosure
*Duration measures a bond's sensitivity to interest rate changes, expressed in years.
1The Adviser has contractually agreed to waive certain fees and/or pay certain operating expenses until at least {{merRenewalDate}}. Net expense ratios are as of the most recent prospectus (available in the Document Library) and applicable to investors.
Before investing, you should consider carefully a fund’s investment objectives, risks, charges, and expenses. This and other information is in the prospectus, which you can find on the Document Library page or request by calling 800.422.2766. Please read the prospectus carefully before investing.
The ICE BofA US High Yield Index tracks the performance of U.S. dollar-denominated below investment grade corporate debt publicly issued in the U.S. domestic market.
The Morningstar LSTA US Leveraged Loan Index is a market-value-weighted benchmark tracking the perfomance of the U.S. institutional leveraged loan market.
You can not invest directly in an index.
Fund holding and/or sector allocation are subject to change at any time and are not recommendations to buy or sell any security. Current and future holdings are subject to risk.
Mutual fund investing involves risk. Principal loss is possible. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower-rated and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities. Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods. Derivatives such as futures, forwards, and swaps involve risks different from, and in certain cases, greater than the risks presented by more traditional investments. Collateralized Loan Obligations (CLOs) and structured finance securities present risks similar to those of other types of credit investments, including default (credit), interest rate and prepayment risks. The Fund is new with no operating history. As a result, prospective investors have no track record or history on which to base their investment decisions. These and other risks are described more fully in the prospectus.
Diversification does not assure a profit, nor does it protect against a loss.
RBC Global Asset Management (U.S.) Inc. is the Adviser for the RBC Funds Trust. The Funds are distributed by Quasar Distributors, LLC. Securities are offered through RBC Wealth Management, a division of RBC Capital Markets, LLC, member NYSE/FINRA/SIPC.
Not FDIC Insured. No Bank Guarantee. May Lose Value.
