RBC Global Asset Management Inc. announces estimated December 2024 cash distributions for RBC ETFs and ETF Series of RBC Funds

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TORONTO, Dec. 19, 2024 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced estimated December 2024 cash distributions 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 December 13, 2024. The estimates could change if the RBC ETFs or ETF Series of RBC Funds, as applicable, experience subscriptions or redemptions prior to the ex-dividend date or for other unforeseen factors.

RBC GAM Inc. expects to announce final December 2024 monthly cash distributions for RBC ETFs and ETF Series of RBC Funds on or about December 30, 2024. Unitholders of record on December 30, 2024, will receive distributions payable on January 6, 2025.

The actual taxable amounts of cash and reinvested distributions for 2024, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc.) in early 2025.

The estimated December 2024 cash distribution amounts per unit for the RBC ETFs are as follows:

FUND NAME

FUND
TICKER

ESTIMATED CASH
DISTRIBUTION PER
UNIT

RBC 1-5 Year Laddered Canadian Bond ETF

RLB

$0.050

RBC 1-5 Year Laddered Canadian Corporate Bond ETF

RBO

$0.070

RBC Target 2025 Canadian Government Bond ETF

RGQN

$0.035

RBC Target 2026 Canadian Government Bond ETF

RGQO

$0.040

RBC Target 2027 Canadian Government Bond ETF

RGQP

$0.035

RBC Target 2028 Canadian Government Bond ETF

RGQQ

$0.045

RBC Target 2029 Canadian Government Bond ETF

RGQR

$0.055

RBC Target 2030 Canadian Government Bond ETF

RGQS

$0.020

RBC Target 2025 Canadian Corporate Bond Index ETF

RQN

$0.060

RBC Target 2026 Canadian Corporate Bond Index ETF

RQO

$0.040

RBC Target 2027 Canadian Corporate Bond Index ETF

RQP

$0.050

RBC Target 2028 Canadian Corporate Bond Index ETF

RQQ

$0.070

RBC Target 2029 Canadian Corporate Bond Index ETF

RQR

$0.080

RBC Target 2030 Canadian Corporate Bond Index ETF

RQS

$0.062

RBC Target 2025 U.S. Corporate Bond ETF

RUQN

$0.045

RBC Target 2025 U.S. Corporate Bond ETF (USD Units)*

RUQN.U

$0.032

RBC Target 2026 U.S. Corporate Bond ETF

RUQO

$0.040

RBC Target 2026 U.S. Corporate Bond ETF (USD Units)*

RUQO.U

$0.028

RBC Target 2027 U.S. Corporate Bond ETF

RUQP

$0.045

RBC Target 2027 U.S. Corporate Bond ETF (USD Units)*

RUQP.U

$0.032

RBC Target 2028 U.S. Corporate Bond ETF

RUQQ

$0.055

RBC Target 2028 U.S. Corporate Bond ETF (USD Units)*

RUQQ.U

$0.039

RBC Target 2029 U.S. Corporate Bond ETF

RUQR

$0.060

RBC Target 2029 U.S. Corporate Bond ETF (USD Units)*

RUQR.U

$0.042

RBC Target 2030 U.S. Corporate Bond ETF

RUQS

$0.040

RBC Target 2030 U.S. Corporate Bond ETF (USD Units)*

RUQS.U

$0.028

RBC Canadian Discount Bond ETF

RCDB

$0.030

RBC PH&N Short Term Canadian Bond ETF

RPSB

$0.060

RBC U.S. Discount Bond ETF

RUDB

$0.020

RBC U.S. Discount Bond ETF (USD Units)*

RUDB.U

$0.014

RBC U.S. Discount Bond (CAD Hedged) ETF

RDBH

$0.020

RBC Short Term U.S. Corporate Bond ETF

RUSB

$0.085

RBC Short Term U.S. Corporate Bond ETF (USD Units)*

RUSB.U

$0.060

RBC Canadian Preferred Share ETF

RPF

$0.095

RBC Quant Canadian Dividend Leaders ETF

RCD

$0.090

RBC Canadian Dividend Covered Call ETF

RCDC

$0.115

RBC Canadian Bank Yield Index ETF

RBNK

$0.100

RBC Quant U.S. Dividend Leaders ETF

RUD

$0.023

RBC Quant U.S. Dividend Leaders ETF (USD Units)*

RUD.U

$0.016

RBC Quant U.S. Dividend Leaders (CAD Hedged) ETF

RUDH

$0.025

RBC U.S. Dividend Covered Call ETF

RUDC

$0.101

RBC U.S. Dividend Covered Call ETF (USD Units)*

RUDC.U

$0.071

RBC U.S. Banks Yield Index ETF

RUBY

$0.060

RBC U.S. Banks Yield Index ETF (USD Units)*

RUBY.U

$0.042

RBC U.S. Banks Yield (CAD Hedged) Index ETF

RUBH

$0.075

RBC Quant European Dividend Leaders ETF

RPD

$0.070

RBC Quant European Dividend Leaders ETF (USD Units)*

RPD.U

$0.049

RBC Quant European Dividend Leaders (CAD Hedged) ETF

RPDH

$0.080

RBC Quant EAFE Dividend Leaders ETF

RID

$0.070

RBC Quant EAFE Dividend Leaders ETF (USD Units)*

RID.U

$0.049

RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF

RIDH

$0.080

RBC Quant Emerging Markets Dividend Leaders ETF

RXD

$0.050

RBC Quant Emerging Markets Dividend Leaders ETF (USD Units)*

RXD.U

$0.035

* Cash 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 December 2024 cash distribution amounts per unit for ETF Series of RBC Funds are as follows: