RBC Global Asset Management Inc. announces estimated annual reinvested capital gains distributions for RBC ETFs and ETF Series of RBC Funds
Canada NewsWire
TORONTO, Nov. 20, 2024
TORONTO, Nov. 20, 2024 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced estimated 2024 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, 2024. 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 30, 2024. Unitholders of record as of December 30, 2024 will receive the 2024 annual reinvested distribution amounts.
The actual taxable amounts of reinvested and cash distributions for 2024, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") in early 2025.
The estimated 2024 annual reinvested capital gains distribution amounts per unit for the RBC ETFs are as follows:
FUND NAME FUND TICKER ESTIMATED ANNUAL ESTIMATED
REINVESTEDCAPITALGAIN ANNUAL
PERUNIT REINVESTEDCAPITAL
GAIN PER UNIT
AS % OF NAV
AT OCT. 31,
2024
RBC 1-5 Year Laddered
Canadian Bond ETF RLB $0.000 0.00 %
RBC 1-5 Year Laddered
Canadian Corporate
Bond ETF RBO $0.000 0.00 %
RBC Target 2025
Canadian Government
Bond ETF RGQN $0.009 0.00 %
RBC Target 2026
Canadian Government
Bond ETF RGQO $0.063 0.22 %
RBC Target 2027
Canadian Government
Bond ETF RGQP $0.005 0.00 %
RBC Target 2028
Canadian Government
Bond ETF RGQQ $0.009 0.00 %
RBC Target 2029
Canadian Government
Bond ETF RGQR $0.023 0.00 %
RBC Target 2030
Canadian Government
Bond ETF RGQS $0.000 0.00 %
RBC Target 2025
Canadian Corporate
Bond Index ETF RQN $0.025 0.00 %
RBC Target 2026
Canadian Corporate
Bond Index ETF RQO $0.011 0.00 %
RBC Target 2027
Canadian Corporate
Bond Index ETF RQP $0.018 0.00 %
RBC Target 2028
Canadian Corporate
Bond Index ETF RQQ $0.052 0.11 %
RBC Target 2029
Canadian Corporate
Bond Index ETF RQR $0.055 0.13 %
RBC Target 2030
Canadian Corporate
Bond Index ETF RQS $0.010 0.01 %
RBC Target 2025 U.S.
Corporate Bond ETF RUQN $0.003 0.00 %
RBC Target 2025 U.S.
Corporate Bond ETF
(USD Units)* RUQN.U $0.002 0.00 %
RBC Target 2026 U.S.
Corporate Bond ETF RUQO $0.000 0.00 %
RBC Target 2026 U.S.
Corporate Bond ETF
(USD Units)* RUQO.U $0.000 0.00 %
RBC Target 2027 U.S.
Corporate Bond ETF RUQP $0.005 0.01 %
RBC Target 2027 U.S.
Corporate Bond ETF
(USD Units)* RUQP.U $0.004 0.01 %
RBC Target 2028 U.S.
Corporate Bond ETF RUQQ $0.008 0.00 %
RBC Target 2028 U.S.
Corporate Bond ETF
(USD Units)* RUQQ.U $0.006 0.00 %
RBC Target 2029 U.S.
Corporate Bond ETF RUQR $0.017 0.00 %
RBC Target 2029 U.S.
Corporate Bond ETF
(USD Units)* RUQR.U $0.012 0.00 %
RBC Target 2030 U.S.
Corporate Bond ETF RUQS $0.000 0.00 %
RBC Target 2030 U.S.
Corporate Bond ETF
(USD Units)* RUQS.U $0.000 0.00 %
RBC Canadian Discount
Bond ETF RCDB $0.199 0.92 %
RBC PH&N Short Term
Canadian Bond ETF RPSB $0.036 0.00 %
RBC U.S. Discount
Bond ETF RUDB $0.000 0.00 %
RBC U.S. Discount
Bond ETF (USD
Units)* RUDB.U $0.000 0.00 %
RBC U.S. Discount
Bond (CAD Hedged)
ETF RDBH $0.000 0.00 %
RBC Short Term U.S.
Corporate Bond ETF RUSB $0.046 0.00 %
RBC Short Term U.S.
Corporate Bond ETF
(USD Units)* RUSB.U $0.033 0.00 %
RBC Canadian
Preferred Share ETF RPF $0.000 0.00 %
RBC Quant Canadian
Dividend Leaders ETF RCD $1.994 6.67 %
RBC Canadian Dividend
Covered Call ETF RCDC $0.000 0.00 %
RBC Canadian Bank
Yield Index ETF RBNK $0.171 0.53 %
RBC Quant U.S.
Dividend Leaders ETF RUD $2.673 10.99 %
RBC Quant U.S.
Dividend Leaders ETF
(USD Units)* RUD.U $1.920 10.99 %
RBC Quant U.S.
Dividend Leaders
(CAD Hedged) ETF RUDH $2.440 9.84 %
RBC U.S. Dividend
Covered Call ETF RUDC $0.000 0.00 %
RBC U.S. Dividend
Covered Call ETF
(USD Units)* RUDC.U $0.000 0.00 %
RBC U.S. Banks Yield
Index ETF RUBY $0.000 0.00 %
RBC U.S. Banks Yield
Index ETF (USD
Units)* RUBY.U $0.000 0.00 %
RBC U.S. Banks Yield
(CAD Hedged) Index
ETF RUBH $0.000 0.00 %
RBC Quant European
Dividend Leaders ETF RPD $0.000 0.00 %
RBC Quant European
Dividend Leaders ETF
(USD Units)* RPD.U $0.000 0.00 %
RBC Quant European
Dividend Leaders
(CAD Hedged) ETF RPDH $0.000 0.00 %
RBC Quant EAFE
Dividend Leaders ETF RID $0.000 0.00 %
RBC Quant EAFE
Dividend Leaders ETF
(USD Units)* RID.U $0.000 0.00 %
RBC Quant EAFE
Dividend Leaders
(CAD Hedged) ETF RIDH $0.000 0.00 %
RBC Quant Emerging
Markets Dividend
Leaders ETF RXD $0.000 0.00 %
RBC Quant Emerging
Markets Dividend
Leaders ETF (USD
Units)* RXD.U $0.000 0.00 %
* Estimated annual reinvested capital gain distribution
per unit ($) amounts are USD for RUQN.U, RUQO.U, RUQP.U,
RUQQ.U, RUQR.U, RUQS.U, RUDB.U, RUSB.U, RUD.U, RUDC.U,
RUBY.U, RPD.U, RID.U, and RXD.U
The estimated 2024 annual reinvested capital gains distribution amounts per unit for ETF Series of RBC Funds are as follows:
FUND NAME FUND TICKER ESTIMATED ESTIMATED
ANNUAL ANNUAL
REINVESTEDCAPITALGAIN REINVESTEDCAPITAL
PERUNIT GAIN PER UNIT
AS % OF NAV
AT OCT. 31,
2024
RBC Conservative Bond
Pool -- ETF Series RCNS $0.000 0.00 %
RBC Core Bond Pool --
ETF Series RCOR $0.000 0.00 %
RBC Core Plus Bond
Pool -- ETF Series RPLS $0.000 0.00 %
RBC Canadian Equity
Income Fund -- ETF
Series RCEI $0.056 0.25 %
RBC North American
Value Fund -- ETF
Series RNAV $1.065 4.15 %
RBC North American
Growth Fund -- ETF
Series RNAG $0.000 0.00 %
RBC U.S. Mid-Cap
Growth Equity Fund
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