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Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

RBC BlueBay High Yield Bond Fund

RHYAX | Fund

$9.80

$1.51 B

4.49%

$0.44

1.08%

Vitals

YTD Return

0.5%

1 yr return

6.8%

3 Yr Avg Return

8.3%

5 Yr Avg Return

4.1%

Net Assets

$1.51 B

Holdings in Top 10

11.4%

52 WEEK LOW AND HIGH

$9.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.08%

SALES FEES

Front Load 4.25%

Deferred Load N/A

TRADING FEES

Turnover 100.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

RBC BlueBay High Yield Bond Fund

RHYAX | Fund

$9.80

$1.51 B

4.49%

$0.44

1.08%

RHYAX - Profile

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return 8.3%
  • 5 Yr Annualized Total Return 4.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.32%
DIVIDENDS
  • Dividend Yield 4.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    RBC BlueBay High Yield Bond Fund
  • Fund Family Name
    RBC Global Asset Management.
  • Inception Date
    Nov 30, 2011
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Justin Jewell

Fund Description

The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in fixed income securities and/or investments that, at the time of purchase, have similar economic characteristics as fixed income securities that are non-investment grade (high yield /junk bond), and are considered by the Fund to have the potential to provide a high level of total return. For purposes of this policy, the term “assets” means net assets plus the amount of borrowings for investment purposes. Up to 20% of the Fund’s total assets may be invested in other securities, including investment grade securities. The Fund may also invest in loans. Non-investment grade securities are securities rated Ba1 or BB+ or below by Moody’s Investors Service, Inc. (“Moody’s”) or Standard & Poor’s Financial Services LLC (“S&P”), respectively, a similar rating from a recognized rating agency, or unrated securities deemed comparable by the Fund. The Fund will primarily invest in securities issued by entities domiciled in the U.S. and to a lesser extent, within the European Union. The Fund will normally invest at least 70% of the Fund’s assets in security holdings issued by U.S.-domiciled entities. The Fund will invest, either directly or indirectly (e.g. via derivatives such as credit linked notes, interest rate swaps, total return swaps and credit default swaps), primarily in fixed income securities that are non-investment grade. Derivatives, which are instruments that have a value based on another instrument, interest rate, exchange rate or index, may be used as substitutes for securities in which the Fund can invest. The Fund may use futures contracts, options, swaps and forwards as tools in the management of portfolio assets. The Fund may use such derivatives through either the creation of long and short positions to hedge various investments, for investment purposes, for risk management and/or in a manner intended to increase income or gain to the Fund. The Adviser and Sub-Adviser incorporate material environmental, social and governance (ESG) factors as part of the investment process for applicable types of investments. The ESG factors deemed material to the Fund are at the discretion of the Adviser and Sub-Adviser.The Adviser and Sub-Adviser apply exclusions as part of the investment process in managing the Fund. The exclusions apply a defined set of criteria (which may be product or conduct based), as determined by the Adviser or Sub-Adviser, to exclude certain issuers from the investment universe, as applicable. Exclusion criteria may be based on factors including, but not limited to, certain revenue thresholds from business activities or conduct-based assessments from third-party providers.The exclusion criteria applied by the Adviser and Sub-Adviser exclude companies involved in: • Incidents misaligned with the UN Global Compact Principles; • The production of controversial weapons; • The production of nuclear weapons; • The production of tobacco producers;• The mining of, or power generation from, thermal coal.
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RHYAX - Performance

Return Ranking - Trailing

Period RHYAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -5.0% 8.8% 85.11%
1 Yr 6.8% -1.4% 24.8% 47.04%
3 Yr 8.3%* -0.8% 19.7% 49.15%
5 Yr 4.1%* -3.9% 14.4% 36.13%
10 Yr 5.7%* 1.0% 20.8% 19.20%

* Annualized

Return Ranking - Calendar

Period RHYAX Return Category Return Low Category Return High Rank in Category (%)
2025 1.9% -9.4% 9.7% 34.69%
2024 -0.1% -25.4% 11.8% 86.29%
2023 5.8% -4.7% 12.2% 35.08%
2022 -13.7% -33.4% 3.6% 23.67%
2021 -1.8% -8.4% 9.8% 88.05%

Total Return Ranking - Trailing

Period RHYAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -5.0% 8.8% 85.11%
1 Yr 6.8% -1.4% 24.8% 47.04%
3 Yr 8.3%* -0.8% 19.7% 49.15%
5 Yr 4.1%* -3.9% 14.4% 36.13%
10 Yr 5.7%* 1.0% 20.8% 19.20%

* Annualized

Total Return Ranking - Calendar

Period RHYAX Return Category Return Low Category Return High Rank in Category (%)
2025 8.7% -2.1% 18.7% 42.13%
2024 6.8% -12.7% 18.9% 79.02%
2023 12.6% 3.5% 23.2% 39.66%
2022 -9.2% -29.1% 47.8% 28.30%
2021 3.9% -2.8% 16.2% 78.91%

NAV & Total Return History

RHYAX - Holdings

Concentration Analysis

RHYAX Category Low Category High RHYAX % Rank
Net Assets 1.51 B 3.13 M 31.3 B 35.87%
Number of Holdings 207 2 7288 78.29%
Net Assets in Top 10 168 M -492 M 6.47 B 39.66%
Weighting of Top 10 11.39% 4.3% 144.4% 65.30%

Top 10 Holdings

  1. RBC BlueBay U.S. Government Money Market Fund 1.72%
  2. T 3.5 02/28/31 1.52%
  3. NSANY 1.85 09/16/26 144A 1.12%
  4. CHTR 7.375 02/01/36 144A 1.07%
  5. CSV 4.25 05/15/29 144A 1.06%
  6. BCULC 4.375 01/15/28 144A 1.06%
  7. TRACTC 5.875 03/01/31 144A 0.99%
  8. LVLT 6.875 06/30/33 144A 0.98%
  9. ZFFNGR 7.5 03/24/31 144A 0.95%
  10. TOUCAN 9.5 05/15/30 144A 0.92%

Asset Allocation

Weighting Return Low Return High RHYAX % Rank
Bonds 		95.66% 0.00% 145.36% 37.06%
Cash 		3.84% -52.00% 48.62% 52.65%
Convertible Bonds 		1.72% 0.00% 17.89% 28.21%
Preferred Stocks 		0.50% 0.00% 4.59% 17.61%
Stocks 		0.00% 0.00% 99.76% 81.90%
Other 		0.00% -39.08% 96.21% 60.51%

Bond Sector Breakdown

Weighting Return Low Return High RHYAX % Rank
Corporate 		94.53% 0.00% 100.00% 50.86%
Cash & Equivalents 		1.72% 0.00% 48.62% 76.92%
Government 		0.25% 0.00% 99.07% 25.34%
Derivative 		0.00% -20.24% 42.26% 51.79%
Securitized 		0.00% 0.00% 97.24% 66.95%
Municipal 		0.00% 0.00% 1.17% 42.12%

Bond Geographic Breakdown

Weighting Return Low Return High RHYAX % Rank
US 		95.66% 0.00% 126.57% 23.93%
Non US 		0.00% 0.00% 60.71% 68.21%

RHYAX - Expenses

Operational Fees

RHYAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.08% 0.04% 25.46% 39.15%
Management Fee 0.55% 0.00% 1.75% 46.10%
12b-1 Fee 0.25% 0.00% 1.00% 32.98%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

RHYAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.25% 2.25% 5.75% 41.76%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

RHYAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 6.25%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RHYAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 100.00% 1.00% 255.00% 87.86%

RHYAX - Distributions

Dividend Yield Analysis

RHYAX Category Low Category High RHYAX % Rank
Dividend Yield 4.49% 0.00% 11.76% 20.27%

Dividend Distribution Analysis

RHYAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

RHYAX Category Low Category High RHYAX % Rank
Net Income Ratio 4.32% -2.39% 9.30% 54.91%

Capital Gain Distribution Analysis

RHYAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

RHYAX - Fund Manager Analysis

Managers

Justin Jewell

Start Date

Tenure

Tenure Rank

Aug 01, 2016

5.83

5.8%

Justin is Co-Head of BlueBay's Global Leveraged Finance Long-Only Strategies and a senior portfolio manager within the Global Leveraged Finance Group. Justin joined BlueBay in 2009, initially as Head of High Yield Trading, before moving into portfolio management at the beginning of 2012. He has spent a large part of his career at UBS where, most recently, he was Director of High Yield and Distressed Trading in Europe.

Tim Leary

Start Date

Tenure

Tenure Rank

Mar 15, 2019

3.21

3.2%

Tim Leary – Portfolio Manager, Leveraged Finance – Tim joined BlueBay USA in January 2012, as Head of Trading, North America within the Global Leveraged Finance Group based in the Stamford, Connecticut, office before he was promoted to his current role in January 2017. Prior to joining BlueBay USA, Tim was a director in high yield and distressed credit trading at the Royal Bank of Scotland (RBS). Before joining RBS, Tim spent three years as an analyst on the leveraged loan trading desk at Bear, Stearns & Co. Tim holds a BS in Business Administration with Finance concentration from Fordham University.

Andrzej Skiba

Start Date

Tenure

Tenure Rank

Apr 13, 2020

2.13

2.1%

Andrzej joined BlueBay in February 2005 and is a Senior Portfolio Manager responsible for the Developed Markets team and is based in Stamford, Connecticut. Prior to BlueBay, Andrzej worked for Goldman Sachs as a credit analyst covering European investment grade telecom, media and utility sectors. Andrzej holds a BSc (Hons) in Management and International Business Economics from UMIST and is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 37.79 7.49 4.25

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