RBC Small Cap Core Fund
RBRCX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 50 South Sixth Street Minneapolis MN United States of America 55402
- IPO Date
- Nov 21, 2016
- CIK
- 0001272950
- Similar Companies
- Business
- RBC Small Cap Core Fund (RBRCX) is an open-end mutual fund that seeks long-term growth of capital by investing primarily in equity securities of profitable, established small-cap companies dominant in their industries; it selects undervalued growth stocks with small market capitalizations to achieve growth with greater price stability than many other small stock funds. The fund offers multiple share classes, including R6 shares (ticker: RBRCX, CUSIP: 74926P142) with a net expense ratio of approximately 0.85%, a minimum initial investment of $250,000, annual dividend frequency, and a portfolio turnover of 37%; it maintains a small blend investment style, with total net assets of around $40-43 million across classes and top holdings such as Ducommun Inc., Barrett Business Services Inc., CBIZ Inc., and InterDigital Inc., representing about 30% of assets in the top 10 positions. Sector allocations emphasize industrials, consumer cyclical, technology, and financial services, with approximately 98% in U.S. stocks, 1% cash, and minimal non-U.S. exposure; the fund is available to U.S. investors through platforms like RBC Global Asset Management (U.S.) Inc., which serves as adviser, with distribution by Quasar Distributors, LLC. Launched with Class I shares inception on August 5, 1991, and R6 shares on November 21, 2016, the fund is domiciled in the United States and managed by a team including Managing Director and Senior Portfolio Manager Lance James (since 1991) and Senior Portfolio Manager Murphy O'Flaherty (since June 2024). It targets the small blend category per Morningstar, benchmarking against the Russell 2000 Index, and caters to retirement and large investors seeking exposure to small-cap U.S. equities without front-end or deferred loads. In recent developments as of August 2025, RBC Global Asset Management Inc. announced the termination of O’Shaughnessy Asset Management, L.L.C. as sub-advisor for related RBC O’Shaughnessy Funds, with RBC GAM assuming direct portfolio management responsibilities for RBC U.S. Small-Cap Funds, including this core equity strategy, effective on or about November 21, 2025; existing unitholders remain unaffected, marking a significant strategic shift to in-house management. This change follows portfolio manager updates and aligns with broader updates to RBC's U.S. small-cap offerings, enhancing operational control amid ongoing market conditions.