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About RBC Target 2031 U.S. Corporate Bond ETF Trust Unit
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Inception date
Apr 2, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
RBC Global Asset Management, Inc.
Identifiers
3
ISIN CA74938M1032
The fund is a held-to-maturity portfolio that aims to provide income by actively investing in investment grade, US corporate bonds with effective maturities in 2031. It is designed for investors with low-risk appetites who can accept fluctuations in the value of their investment. Each bond is assessed and selected for its yield to maturity, credit quality, issue size, liquidity, and relative price to par. The funds maturity date will be on or about September 30, 2031. The fund will voluntarily delist from the TSX in advance of its termination date, and upon maturity, it will dissolve and return all capital to investors.
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
Corporate
Bonds, Cash & Other100.00%
Corporate98.87%
Cash1.13%
Stock breakdown by region
North America98.59%
Oceania1.41%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RUQT top holdings are JPMorgan Chase & Co. 1.953% 04-FEB-2032 and Apple Inc. 1.65% 08-FEB-2031, occupying 3.46% and 3.28% of the portfolio correspondingly.
RUQT last dividends amounted to 0.04 CAD. The month before, the issuer paid 0.04 CAD in dividends,
Yes, RUQT pays dividends to its holders with the dividend yield of 2.83%. The last dividend (Jan 30, 2026) amounted to 0.04 CAD. The dividends are paid monthly.
RUQT shares are issued by Royal Bank of Canada under the brand RBC. The ETF was launched on Apr 2, 2025, and its management style is Active.
RUQT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RUQT invests in bonds.
RUQT price has fallen by −2.09% over the last month, and its yearly performance shows a 1.70% increase. See more dynamics on RUQT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.43% over the last month, showed a −1.52% decrease in three-month performance and has increased by 0.18% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.43% over the last month, showed a −1.52% decrease in three-month performance and has increased by 0.18% in a year.
RUQT trades at a premium (0.25%) meaning the ETF is trading at a higher price than the calculated NAV.