Key stats
About RBC TARGET 2028 CANADIAN GOVERNMENT CAD UNIT
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Inception date
May 10, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
RBC Global Asset Management, Inc.
The fund is a held-to-maturity portfolio that aims to provide income by actively investing in investment grade, Canadian government bonds with effective maturities in 2028. 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 term and yield to maturity, credit quality, issue size, liquidity, and overall emphasis on issuer diversification. The fund\xE2??s maturity date will be on or about September 30, 2028. RGQQ 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
Government
Corporate
Bonds, Cash & Other100.00%
Government60.73%
Corporate39.11%
Cash0.17%
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
RGQQ invests in bonds. The fund's major sectors are Government, with 60.73% stocks, and Corporate, with 39.11% of the basket. The assets are mostly located in the North America region.
RGQQ top holdings are Canada Housing Trust No. 1 2.65% 15-DEC-2028 and Canada Housing Trust No. 1 2.65% 15-MAR-2028, occupying 12.43% and 10.15% of the portfolio correspondingly.
RGQQ last dividends amounted to 0.05 CAD. The month before, the issuer paid 0.05 CAD in dividends,
RGQQ assets under management is 65.19 M CAD. It's risen 1.55% over the last month.
RGQQ fund flows account for 29.24 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, RGQQ pays dividends to its holders with the dividend yield of 2.71%. The last dividend (May 30, 2025) amounted to 0.05 CAD. The dividends are paid monthly.
RGQQ shares are issued by Royal Bank of Canada under the brand RBC. The ETF was launched on May 10, 2023, and its management style is Active.
RGQQ expense ratio is 0.18% meaning you'd have to pay 0.18% of your investment to help manage the fund.
RGQQ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RGQQ invests in bonds.
RGQQ price has fallen by −0.59% over the last month, and its yearly performance shows a 3.77% increase. See more dynamics on RGQQ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.04% over the last month, showed a 0.65% increase in three-month performance and has increased by 7.00% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.04% over the last month, showed a 0.65% increase in three-month performance and has increased by 7.00% in a year.
RGQQ trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.