The RBC ETF seeks to provide unitholders with exposure primarily to the performance of a diversified portfolio of Canadian corporate and government bonds, divided (?laddered?) into five groupings with staggered maturities from one to five years, that will provide regular income while preserving capital. The RBC ETF is not an index mutual fund and is managed in the discretion of the manager in accordance with its investment objectives and strategies and, as such, is generally more active in nature than index mutual funds.
Frequently asked questions
What is the RBC 1-5 Year Laddered Canadian Bond ETF (RLB) expense ratio?
The RBC 1-5 Year Laddered Canadian Bond ETF funds expense ratio is 0.25%.
What is RBC 1-5 Year Laddered Canadian Bond ETF (RLB) current stock price?
As of the latest data, RBC 1-5 Year Laddered Canadian Bond ETF stock price is CA$18.51, with a previous close of CA$18.51.
Does RBC 1-5 Year Laddered Canadian Bond ETF (RLB) pay dividends?
Yes. RBC 1-5 Year Laddered Canadian Bond ETF pays monthly dividends with an annualized yield of 3.48% and an estimated annual payout of CA$0.65 per share.
When is the next ex-dividend date for RBC 1-5 Year Laddered Canadian Bond ETF (RLB)?
The next ex-dividend date is scheduled for October 23, 2026.