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About RBC TARGET 2027 US CORPORATE BOND UNITS CAD
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Inception date
Apr 24, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
RBC Global Asset Management, Inc.
The fund is a held-to-maturity portfolio that aims to provide income by actively investing in investment grade, US corporate bonds with effective maturities in 2027. It is designed for investors with low-risk appetites who can accept fluctuations in the value of their investment. Each bond is assessed and selected for its term and yield to maturity, credit quality, issue size, liquidity, and relative price to par. The funds' maturity date will be on or about September 30, 2027. The fund will voluntarily delist from the TSX in advance of its termination date, and upon maturity, it will dissolve and return all capital to investors.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate98.57%
Cash1.43%
Stock breakdown by region
North America92.56%
Europe2.93%
Asia2.75%
Oceania1.76%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RUQP top holdings are John Deere Capital Corporation 4.15% 15-SEP-2027 and JPMorgan Chase & Co. 2.947% 24-FEB-2028, occupying 3.20% and 3.19% of the portfolio correspondingly.
RUQP last dividends amounted to 0.05 CAD. The month before, the issuer paid 0.05 CAD in dividends,
RUQP assets under management is 11.92 M CAD. It's risen 2.38% over the last month.
RUQP fund flows account for 10.11 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, RUQP pays dividends to its holders with the dividend yield of 2.76%. The last dividend (May 30, 2025) amounted to 0.05 CAD. The dividends are paid monthly.
RUQP shares are issued by Royal Bank of Canada under the brand RBC. The ETF was launched on Apr 24, 2024, and its management style is Active.
RUQP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RUQP invests in bonds.
RUQP price has fallen by −2.08% over the last month, and its yearly performance shows a 1.47% increase. See more dynamics on RUQP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −2.34% over the last month, have fallen by −2.34% over the last month, showed a −4.17% decrease in three-month performance and has decreased by −3.06% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −2.34% over the last month, have fallen by −2.34% over the last month, showed a −4.17% decrease in three-month performance and has decreased by −3.06% in a year.
RUQP trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.