RBC BlueBay High Yield Bond Fund Class I (RGHYX)
RBC BlueBay High Yield Bond Fund Class I operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $9.69, down 0.10% on the session, giving a market capitalisation of $887.6M. Its beta of 0.62 implies it has historically moved less than the broad market.
The fund aims to achieve significant total returns through a combination of current income and capital growth. Its core strategy involves dedicating at least 80% of its assets to fixed-income instruments, or economically equivalent investments, that are classified as non-investment grade (often referred to as high-yield or "junk" bonds). These securities are specifically chosen by the adviser for their perceived potential to deliver robust overall returns. Up to 20% of the portfolio's total value may be allocated to a broader range of securities, including those with investment-grade ratings.
RBC BlueBay High Yield Bond Fund Class I is most often compared with the following Financial Services names: