Key stats
About RBC Canadian Dividend Covered Call ETF
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Inception date
Jan 17, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Primary advisor
RBC Global Asset Management, Inc.
ISIN
CA75526J1057
The fund seeks income and long-term capital appreciation by investing in a diversified portfolio of Canadian companies with above average dividend yield or good prospects for dividend growth. The fund adviser primarily uses a fundamental approach in the selection process. The fund also considers quantitative and technical metrics, as well as material ESG factors, including corporate governance, employee health and safety, human rights, and environmental management. The fund writes covered call options on some of the equity portfolio. Covered calls partially hedge against price declines of the underlying securities. The fund is actively managed, the adviser has full discretion to buy, hold, or sell securities at any given time. The fund may also engage in securities lending and invest in derivatives, cash, and money market instruments.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Industrial Services
Stocks96.24%
Finance49.37%
Industrial Services10.46%
Energy Minerals6.68%
Transportation6.46%
Retail Trade6.00%
Utilities5.77%
Technology Services2.72%
Communications2.15%
Non-Energy Minerals1.70%
Process Industries1.53%
Consumer Services1.49%
Commercial Services0.83%
Producer Manufacturing0.71%
Miscellaneous0.39%
Bonds, Cash & Other3.76%
ETF2.31%
Cash1.44%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RCDC invests in stocks. The fund's major sectors are Finance, with 49.37% stocks, and Industrial Services, with 10.46% of the basket. The assets are mostly located in the North America region.
RCDC top holdings are Royal Bank of Canada and Toronto-Dominion Bank, occupying 9.14% and 7.10% of the portfolio correspondingly.
RCDC last dividends amounted to 0.13 CAD. The month before, the issuer paid 0.13 CAD in dividends,
RCDC assets under management is 38.12 M CAD. It's risen 11.63% over the last month.
RCDC fund flows account for 12.81 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, RCDC pays dividends to its holders with the dividend yield of 6.46%. The last dividend (Sep 29, 2025) amounted to 0.13 CAD. The dividends are paid monthly.
RCDC shares are issued by Royal Bank of Canada under the brand RBC. The ETF was launched on Jan 17, 2023, and its management style is Active.
RCDC expense ratio is 1.08% meaning you'd have to pay 1.08% of your investment to help manage the fund.
RCDC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RCDC invests in stocks.
RCDC price has risen by 3.39% over the last month, and its yearly performance shows a 8.53% increase. See more dynamics on RCDC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.61% over the last month, showed a 8.01% increase in three-month performance and has increased by 16.03% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.61% over the last month, showed a 8.01% increase in three-month performance and has increased by 16.03% in a year.
RCDC trades at a premium (0.17%) meaning the ETF is trading at a higher price than the calculated NAV.