Key stats
About RBC TARGET 2026 CANADIAN CORPORATE CAD UNIT
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Inception date
Aug 24, 2020
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
RBC Global Asset Management, Inc.
The fund is a held-to-maturity portfolio that aims to provide income by replicating the performance of the FTSE Canada 2026 Maturity Corporate Bond Index. The index is primarily composed of Canadian dollar-denominated, corporate bonds with effective maturities in 2026. Each bond must be rated BBB or higher, and must not exceed 10% weight in the index. The funds maturity date will be on or about November 30, 2026. RQO will voluntarily delist from the TSX in advance of its termination date, and upon maturity, it will dissolve and return all capital to investors. The index is rebalanced semi-annually, except in the maturity year.
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%
Corporate99.85%
Cash0.15%
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
RQO last dividends amounted to 0.04 CAD. The month before, the issuer paid 0.04 CAD in dividends,
RQO assets under management is 913.15 M CAD. It's risen 0.09% over the last month.
RQO fund flows account for 134.02 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, RQO pays dividends to its holders with the dividend yield of 2.59%. The last dividend (May 30, 2025) amounted to 0.04 CAD. The dividends are paid monthly.
RQO shares are issued by Royal Bank of Canada under the brand RBC. The ETF was launched on Aug 24, 2020, and its management style is Passive.
RQO expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
RQO follows the FTSE Canada 2026 Maturity Corporate Bond Index - CAD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RQO invests in bonds.
RQO price has risen by 0.27% over the last month, and its yearly performance shows a 3.74% increase. See more dynamics on RQO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.43% over the last month, showed a 0.95% increase in three-month performance and has increased by 6.43% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.43% over the last month, showed a 0.95% increase in three-month performance and has increased by 6.43% in a year.
RQO trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.