RBC BlueBay High Yield Bond Fund Class I
RGHYX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 50 South Sixth Street Minneapolis MN United States of America 55402
- IPO Date
- Dec 1, 2011
- CIK
- 0001272950
- Website
- usmutualfunds.rbcgam.com
- Similar Companies
- Business
- RBC BlueBay High Yield Bond Fund Class I (RGHYX) is an open-ended mutual fund managed by RBC Global Asset Management (U.S.) Inc., a subsidiary of Royal Bank of Canada, that seeks a high level of total return through income and capital appreciation by investing predominantly in sub-investment grade fixed income securities issued by companies globally, with at least 70% allocated to U.S.-domiciled entities; the strategy emphasizes superior sector and security selection driven by proprietary research, including corporate bonds (approximately 93% of assets), cash equivalents, preferred stock, U.S. bonds (73%), and non-U.S. bonds (19%). The fund, domiciled in the United States with an inception date of November 30, 2011, and headquartered at 100 South Fifth Street, Suite 2300, Minneapolis, MN 55402, targets institutional investors with a minimum initial investment of $1,000,000, offers monthly dividends, and maintains a net expense ratio of 0.57%. It operates within the high yield bond category, benchmarked against the ICE BofA US High Yield Index, with current net assets exceeding $880 million across share classes and a portfolio featuring top holdings such as RBC BlueBay US Govt Mny Mkt Instl 1, Ameritex Holdco Inter LLC, and Nissan Motor Acceptance Co LLC. In a recent development as of December 2025, the fund launched an R6 share class targeted at qualified retirement and benefit plans, surpassing $1 billion in assets under management across all classes, underscoring its appeal amid elevated inflation as a diversified income solution with potential portfolio protection. The fund is co-managed by experienced professionals including Tim Leary (since March 2019), Andrzej Skiba (since April 2020), and Charles Whinery (since July 2024), with no reported acquisitions, partnerships, or other major strategic shifts in the last 1-2 years beyond this expansion.