RBC Global Asset Management Inc. announces estimated annual reinvested capital gains distributions for RBC ETFs and ETF Series of RBC Funds

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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.

RBC (CNW Group/RBC Global Asset Management Inc.)
RBC (CNW Group/RBC Global Asset Management Inc.)

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 REINVESTED

CAPITAL

GAIN PER

UNIT

ESTIMATED
ANNUAL
REINVESTED

CAPITAL
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: