Morningstar

RBC BlueBay Emerging Market Debt A RESAX

Morningstar Medalist Rating
Medalist Rating as of | See RBC Investment Hub
  • NAV / 1-Day Return 8.39  /  +0.24 %
  • Total Assets 85.8 Mil
  • Adj. Expense Ratio
    1.040%
  • Expense Ratio 1.040%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Emerging Markets Bond
  • Credit Quality / Interest Rate Sensitivity Low/Extensive
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 6.70%
  • Effective Duration 7.24 years

USD | NAV as of Sep 28, 2024 | 1-Day Return as of Sep 28, 2024, 12:17 AM GMT+0

Morningstar’s Analysis RESAX

Will RESAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RESAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RESAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RESAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An incline in People Pillar rating is the primary driver of RBC BlueBay Emerging Market Debt A's upgrade to a Morningstar Medalist Rating of Gold from Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings RESAX

More RESAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd/Eur Fwd 20240717 Nwbkgb2l

4.68 3.7 Mil
Derivative

RBC BlueBay US Govt Mny Mkt Instl 1

3.47 2.8 Mil
Cash and Equivalents

Oman (Sultanate Of) 6.75%

2.55 2.0 Mil
Government

Petroleos Mexicanos 5.625%

2.05 1.6 Mil
Corporate

Turkey (Republic of) 4.875%

1.85 1.5 Mil
Government

Petroleos Mexicanos 6.35%

1.84 1.5 Mil
Corporate

Usd/Zar Fwd 20240717 00050

1.55 1.2 Mil
Derivative

Usd/Cop Fwd 20240717 00642

1.53 1.2 Mil
Derivative

Saudi Arabia (Kingdom of) 5.75%

1.34 1.1 Mil
Government

Turkey (Republic of) 5.75%

1.28 1.0 Mil
Government

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