RBC Quant U.S. Dividend Leaders ETF
RUD.TO
Toronto Stock Exchange- -
CAD
- -
- -
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
FRC
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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 - Income
- Address
- 155 Wellington Street West, 22nd Floor Toronto ON Canada M5V 3K7
- IPO Date
- Jan 15, 2014
- Website
- rbcgam.com
- Similar Companies
- Business
- RBC Quant U.S. Dividend Leaders ETF (TSX: RUD) is an exchange-traded fund managed by RBC Global Asset Management Inc. that seeks to provide unitholders with exposure to the performance of a diversified portfolio of high-quality U.S. dividend-paying equity securities selected for their potential to deliver regular income and long-term capital growth; it employs an active, rules-based quantitative investment approach focusing on companies with above-average dividend yields, strong balance sheets, positive market sentiment, and dividend growth potential across diversified sectors, market capitalizations, growth and value styles, and socially conscious operations that promote environmental responsibility. The ETF offers units traded in Canadian dollars on the Toronto Stock Exchange, alongside USD-denominated units (TSX: RUD.U) and a CAD-hedged variant (TSX: RUDH); it targets Canadian investors seeking U.S. equity income, with a management fee of 0.39%, monthly cash distributions, and eligibility for registered accounts such as RRSPs. Launched on January 15, 2014, and domiciled in Canada with headquarters in Toronto at RBC Global Asset Management Inc., a division of Royal Bank of Canada, the fund manages approximately CAD 789 million in assets across roughly 28,700 shares outstanding and holds a concentrated portfolio of around 10 securities. Recent major changes include a 3-for-1 unit split effective October 16, 2024, to enhance liquidity and affordability for investors; ongoing monthly dividend declarations through 2025, such as CAD 0.035 per unit payable October 31, 2025, supporting a trailing 12-month yield of about 1.31%; and strong performance with a one-year return of 10.84% to 14.91% as of late 2025 amid U.S. equity market conditions. The fund operates primarily in the U.S. equity market segment without notable recent partnerships, acquisitions, or strategic shifts specific to RUD, though it benefits from RBC GAM's broader ETF suite expansions and ongoing quantitative enhancements.