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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November 20, 2024 17:05 ET (22:05 GMT)