TORONTO, Nov. 19, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced estimated 2025 annual reinvested capital gains distribution amounts for unitholders of RBC ETFs and ETF Series of RBC Funds.
Please note that these are estimated amounts only, as of October 31, 2025. The estimates could change if the RBC ETFs or ETF Series of RBC Funds, as applicable, experience subscriptions, redemptions or engage in portfolio transactions prior to the ex-dividend date or due to other unforeseen factors.
The annual capital gains distributions for the RBC ETFs and ETF Series of RBC Funds generally represent net realized capital gains within the RBC ETFs or ETF Series of RBC Funds, as applicable, and are typically not paid in cash, but are reinvested in additional units of the respective RBC ETF or ETF Series of an RBC Fund. The additional units will be immediately consolidated with the previously outstanding units such that the number of outstanding units following the distribution will equal the number of units outstanding prior to the distribution. The reinvested capital gains distributions will increase the unitholder's adjusted cost base for the respective RBC ETF or ETF Series of an RBC Fund.
RBC GAM Inc. expects to announce the final annual reinvested distribution amounts and final December monthly cash distributions for RBC ETFs and ETF Series of RBC Funds on or about December 29, 2025. Unitholders of record as of December 30, 2025, will receive the 2025 annual reinvested distribution amounts.
The actual taxable amounts of reinvested and cash distributions for 2025, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") in early 2026.
The estimated 2025 annual reinvested capital gains distribution amounts per unit for the RBC ETFs are as follows:
FUND NAME FUND TICKER ESTIMATED ESTIMATED CUSIP
ANNUAL ANNUAL
REINVESTED REINVESTED
CAPITAL GAIN PER CAPITAL
UNIT GAIN PER UNIT
AS % OF NAV
AT OCT. 31, 2025
RBC 1-5 Year
Laddered
Canadian Bond
ETF RLB $0.000 0.00 % 74933L100
RBC 1-5 Year
Laddered
Canadian
Corporate Bond
ETF RBO $0.000 0.00 % 74932K103
RBC Target 2026
Canadian
Government Bond
ETF RGQO $0.079 0.38 % 749377107
RBC Target 2027
Canadian
Government Bond
ETF RGQP $0.024 0.11 % 74936K109
RBC Target 2028
Canadian
Government Bond
ETF RGQQ $0.000 0.00 % 74938H104
RBC Target 2029
Canadian
Government Bond
ETF RGQR $0.015 0.07 % 74939C104
RBC Target 2030
Canadian
Government Bond
ETF RGQS $0.019 0.09 % 74936X101
RBC Target 2031
Canadian
Government Bond
ETF RGQT $0.000 0.00 % 75528T101
RBC Target 2026
Canadian
Corporate Bond
Index ETF RQO $0.031 0.16 % 749385100
RBC Target 2027
Canadian
Corporate Bond
Index ETF RQP $0.081 0.44 % 749334108
RBC Target 2028
Canadian
Corporate Bond
Index ETF RQQ $0.040 0.18 % 75528N104
RBC Target 2029
Canadian
Corporate Bond
Index ETF RQR $0.100 0.45 % 75528M106
RBC Target 2030
Canadian
Corporate Bond
Index ETF RQS $0.081 0.37 % 75529R104
RBC Target 2031
Canadian
Corporate Bond
ETF RQT $0.006 0.03 % 74939J109
RBC Target 2026
U.S. Corporate
Bond ETF RUQO $0.000 0.00 % 749331104
RBC Target 2026
U.S. Corporate
Bond ETF (USD
Units) RUQO.U $0.000 0.00 % 749331203
RBC Target 2027
U.S. Corporate
Bond ETF RUQP $0.000 0.00 % 749332102
RBC Target 2027
U.S. Corporate
Bond ETF (USD
Units) RUQP.U $0.000 0.00 % 749332201
RBC Target 2028
U.S. Corporate
Bond ETF RUQQ $0.014 0.07 % 749333100
RBC Target 2028
U.S. Corporate
Bond ETF (USD
Units) RUQQ.U $0.010 0.07 % 749333209
RBC Target 2029
U.S. Corporate
Bond ETF RUQR $0.000 0.00 % 74936W103
RBC Target 2029
U.S. Corporate
Bond ETF (USD
Units) RUQR.U $0.000 0.00 % 74936W202
RBC Target 2030
U.S. Corporate
Bond ETF RUQS $0.000 0.00 % 749322103
RBC Target 2030
U.S. Corporate
Bond ETF (USD
Units) RUQS.U $0.000 0.00 % 749322202
RBC Target 2031
U.S. Corporate
Bond ETF RUQT $0.000 0.00 % 74938M103
RBC Target 2031
U.S. Corporate
Bond ETF (USD
Units) RUQT.U $0.000 0.00 % 74938M202
RBC Canadian
Discount Bond
ETF RCDB $0.432 2.03 % 75526D108
RBC Canadian
Ultra Short Term
Bond ETF RUST $0.011 0.02 % 74938L105
RBC U.S. Discount
Bond ETF RUDB $0.000 0.00 % 75528Q107
RBC U.S. Discount
Bond ETF (USD
Units) RUDB.U $0.000 0.00 % 75528Q115
RBC U.S. Discount
Bond (CAD
Hedged) ETF RDBH $0.000 0.00 % 74938B107
RBC Short Term
U.S. Corporate
Bond ETF RUSB $0.000 0.00 % 74934F102
RBC Short Term
U.S. Corporate
Bond ETF (USD
Units) RUSB.U $0.000 0.00 % 74934F201
RBC AAA CLO (CAD
Hedged) ETF RCLO $0.000 0.00 % 74937F109
RBC Canadian
Preferred Share
ETF RPF $0.000 0.00 % 74934A103
RBC Quant
Canadian
Dividend Leaders
ETF RCD $2.595 7.28 % 74930H102
RBC Canadian
Dividend Covered
Call ETF RCDC $0.000 0.00 % 75526J105
RBC Canadian Bank
Yield Index ETF RBNK $0.102 0.28 % 75525D109
RBC Quant U.S.
Dividend Leaders
ETF RUD $0.891 3.25 % 74930L103
RBC Quant U.S.
Dividend Leaders
ETF (USD Units) RUD.U $0.635 3.25 % 74930L202
RBC Quant U.S.
Dividend Leaders
(CAD Hedged) ETF RUDH $3.858 14.23 % 74933A104
RBC U.S. Dividend
Covered Call ETF RUDC $0.000 0.00 % 74938C105
RBC U.S. Dividend
Covered Call ETF
(USD Units) RUDC.U $0.000 0.00 % 74938C204
RBC Quant
European
Dividend Leaders
ETF RPD $0.000 0.00 % 74932V208
RBC Quant
European
Dividend Leaders
ETF (USD Units) RPD.U $0.000 0.00 % 74932V109
RBC Quant
European
Dividend Leaders
(CAD Hedged)
ETF RPDH $0.000 0.00 % 74933B102
RBC Quant EAFE
Dividend Leaders
ETF RID $0.000 0.00 % 74931R109
RBC Quant EAFE
Dividend Leaders
ETF (USD Units) RID.U $0.000 0.00 % 74931R208
RBC Quant EAFE
Dividend Leaders
(CAD Hedged) ETF RIDH $0.000 0.00 % 74932R108
* Capital gain distribution per unit ($) amounts
are USD for RUQO.U, RUQP.U, RUQQ.U, RUQR.U, RUQS.U,
RUQT.U, RUDB.U, RUSB.U, RUD.U, RUDC.U, RPD.U and RID.U
The estimated 2025 annual reinvested capital gains distribution amounts per unit for ETF Series of RBC Funds are as follows:
FUND NAME FUND TICKER ESTIMATED ESTIMATED CUSIP
ANNUAL ANNUAL
REINVESTED REINVESTED
CAPITAL GAIN PER CAPITAL
UNIT GAIN PER
UNIT AS % OF NAV
AT OCT. 31, 2025
RBC Conservative
Bond Pool -- ETF
Series RCNS $0.000 0.00 % 74936D105
RBC Core Bond
Pool -- ETF
Series RCOR $0.000 0.00 % 74936B109
RBC Core Plus
Bond Pool -- ETF
Series RPLS $0.000 0.00 % 74936F100
RBC Canadian
Equity Income
Fund -- ETF
Series RCEI $0.306 1.14 % 74935U108
RBC North
American Value
Fund -- ETF
Series RNAV $1.135 3.74 % 75528H107
RBC North
American Growth
Fund -- ETF
Series RNAG $0.000 0.00 % 75528D106
RBC U.S. Mid-Cap
Growth Equity
Fund -- ETF
Series RUMG $1.227 4.89 % 75528A102
RBC Life Science
and Technology
Fund -- ETF
Series RLST $0.000 0.00 % 749292108
RBC International
Equity Fund --
ETF Series RINT $1.055 3.86 % 75528F101
RBC Emerging
Markets Dividend
Fund -- ETF
Series REMD $1.276 4.09 % 749329108
RBC Global Large Cap Equity Fund -- ETF Series RGLE $0.225 0.86 % 75525T104 RBC Global Energy Fund -- ETF Series RENG $0.000 0.00 % 749342101 RBC Global Precious Metals Fund -- ETF Series RGPM $0.000 0.00 % 749344107 RBC Global Technology Fund -- ETF Series RTEC $0.000 0.00 % 749347100
For further information regarding RBC ETFs and ETF Series of RBC Funds, please visit www.rbcgam.com/etfsolutions.
Forward - looking information:
This notice contains forward-looking statements with respect to the annual reinvested capital gains distributions for the RBC ETFs and ETF Series of RBC Funds. By their nature, these forward-looking statements involve risks and uncertainties that could cause the actual distributions to differ materially from the estimated distributions set forth in this notice. Factors that could cause the actual distributions to differ from the estimated distributions include, but are not limited to: the actual amounts of distributions received by the RBC ETFs and ETF Series of RBC Funds; the actual amounts of capital gains generated from sales of securities; trading activity within the RBC ETFs and ETF Series of RBC Funds, including buying and selling of securities; and subscription and redemption activity.
Distribution estimates do not denote the yield a client may receive. All values are expressed in Canadian dollars, unless otherwise indicated. Totals may not sum due to rounding. The year-end distribution estimates are provided by RBC GAM Inc. and are for information purposes only. They do not reflect final attributions for tax purposes. For more information, please speak with your investment advisor.
Commissions, management fees and expenses all may be associated with investments in mutual funds and exchange-traded funds ("ETFs"). Please read the applicable prospectus or ETF Facts document before investing. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and ETF Series is a class of securities offered by a mutual fund that are bought and sold at market price on a stock exchange. Brokerage commissions will reduce returns. RBC ETFs do not seek to return any predetermined amount at maturity. Index returns do not represent RBC ETF returns. RBC ETFs and RBC Funds are managed by RBC GAM Inc., a member of the RBC GAM group of companies and an indirect wholly-owned subsidiary of Royal Bank of Canada.
RBC Target 2026 Canadian Government Bond ETF, RBC Target 2027 Canadian Government Bond ETF, RBC Target 2028 Canadian Government Bond ETF, RBC Target 2029 Canadian Government Bond ETF, RBC Target 2030 Canadian Government Bond ETF and RBC Target 2031 Canadian Government Bond ETF (collectively, the "Canadian TMGB ETFs"), and RBC Target 2026 Canadian Corporate Bond Index ETF, RBC Target 2027 Canadian Corporate Bond Index ETF, RBC Target 2028 Canadian Corporate Bond Index ETF, RBC Target 2029 Canadian Corporate Bond Index ETF, RBC Target 2030 Canadian Corporate Bond Index ETF and RBC Target 2031 Canadian Corporate Bond ETF (collectively, the "Canadian TMCB ETFs"), and RBC Target 2026 U.S. Corporate Bond ETF, RBC Target 2027 U.S. Corporate Bond ETF, RBC Target 2028 U.S. Corporate Bond ETF, RBC Target 2029 U.S. Corporate Bond ETF, RBC Target 2030 U.S. Corporate Bond ETF and RBC Target 2031 U.S. Corporate Bond ETF (collectively, the "U.S. TMCB ETFs"), do not seek to deliver a predetermined amount at maturity, and the amount an investor receives may be more or less than their original investment.
The Canadian TMCB ETFs have been developed solely by RBC GAM Inc., and are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). All rights in the FTSE Canada 2026 Maturity Corporate Bond Index, FTSE Canada 2027 Maturity Corporate Bond Index, FTSE Canada 2028 Maturity Corporate Bond Index, FTSE Canada 2029 Maturity Corporate Bond Index and FTSE Canada 2030 Maturity Corporate Bond Index (collectively, the "FTSE Maturity Corporate Bond Indices") vest in the relevant LSE Group company which owns the FTSE Maturity Corporate Bond Indices. "FTSE$(R)$" is a trade mark of the relevant LSE Group company and is used by any other LSE Group company under license.
The FTSE Maturity Corporate Bond Indices are calculated by or on behalf of FTSE Global Debt Capital Markets Inc. or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the FTSE Maturity Corporate Bond Indices or (b) investment in or operation of the Canadian TMCB ETFs. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Canadian TMCB ETFs or the suitability of the FTSE Maturity Corporate Bond Indices for the purpose to which they are being put by RBC GAM Inc.
RBC Canadian Bank Yield Index ETF has been developed solely by RBC GAM Inc. and is not sponsored, promoted, sold or supported by Solactive AG ("Solactive"). The Solactive Canada Bank Yield Index is calculated and published by Solactive. Solactive does not offer any express or implicit guarantee or assurance regarding the results to be obtained from the use of the index or index price nor does Solactive make any representation regarding the advisability of investing in RBC Canadian Bank Yield Index ETF.
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 101,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.
About RBC Global Asset Management
RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional), manage approximately $740 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.
For more information, please contact:
Brandon Dorey , RBC GAM Corporate Communications, 647-262-6307
SOURCE RBC Global Asset Management Inc.
Copyright CNW Group 2025
(END) Dow Jones Newswires
November 19, 2025 17:05 ET (22:05 GMT)