Key stats
About RBC 1-5 YEAR LADDERED CND BOND ETF UNIT ETF
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Inception date
Jan 25, 2016
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
RBC Global Asset Management, Inc.
The fund combines active management with a laddered strategy to provide diversified exposure to the Canadian bond market. The fund invests equally in five sub-portfolios that gain at least 30% exposure to government bonds and at most 70% to corporate bonds. The fund adviser selects government bonds based on term to maturity, credit quality, yield to maturity, and issuer diversification. Meanwhile, the fund gets its corporate bond exposure by investing in RBC Target Maturity Corporate Bond ETFs. Each sub-portfolio has one to five years remaining term to maturity. To maintain the one-to-five-year ladder structure, the fund rolls each nearest-term sub-portfolio into a new five-year sub-portfolio at the end of each year. The portfolio is rebalanced on a quarterly basis.
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
ETF
Bonds, Cash & Other100.00%
ETF99.99%
Cash0.01%
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
RLB top holdings are RBC Target 2029 Canadian Corporate Bond Index ETF and RBC Target 2030 Canadian Corporate Bond Index ETF, occupying 14.04% and 14.03% of the portfolio correspondingly.
RLB last dividends amounted to 0.05 CAD. The month before, the issuer paid 0.05 CAD in dividends,
RLB assets under management is 121.45 M CAD. It's risen 3.54% over the last month.
RLB fund flows account for −645.68 K 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, RLB pays dividends to its holders with the dividend yield of 3.20%. The last dividend (May 30, 2025) amounted to 0.05 CAD. The dividends are paid monthly.
RLB shares are issued by Royal Bank of Canada under the brand RBC. The ETF was launched on Jan 25, 2016, and its management style is Active.
RLB expense ratio is 0.27% meaning you'd have to pay 0.27% of your investment to help manage the fund.
RLB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RLB invests in funds.
RLB price has risen by 0.11% over the last month, and its yearly performance shows a 3.24% increase. See more dynamics on RLB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.41% over the last month, showed a 0.72% increase in three-month performance and has increased by 6.79% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.41% over the last month, showed a 0.72% increase in three-month performance and has increased by 6.79% in a year.
RLB trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.