SCHEDULE OF PORTFOLIO INVESTMENTS
RBC BlueBay High Yield Bond Fund
June 30, 2021 (Unaudited)
Principal Amount | Value | |
Corporate Bonds — 95.92% | ||
Australia — 0.14% | ||
$143,548 | Quintis Australia Pty Ltd., PIK, 0.00%, 10/1/28(a),(b),(c) | $96,034 |
204,302 | Quintis Australia Pty Ltd., PIK, 7.50%, 10/1/26(a),(b),(c) | 203,689 |
299,723 | ||
Bermuda — 0.49% | ||
972,427 | Highlands Holdings Bond Issuer Ltd. / Highlands Holdings Bond Co-Issuer, Inc., 7.63%, 10/15/25(a) | 1,029,557 |
Brazil — 0.46% | ||
1,000,000 | MARB BondCo Plc, 3.95%, 1/29/31 | 964,200 |
Canada — 3.83% | ||
1,875,000 | Baffinland Iron Mines Corp. / Baffinland Iron Mines LP, 8.75%, 7/15/26(a) | 1,995,703 |
1,198,000 | Bombardier, Inc., 7.88%, 4/15/27(a) | 1,243,639 |
674,000 | Hudbay Minerals, Inc., 6.13%, 4/1/29(a) | 717,305 |
1,579,000 | Intelligent Packaging Ltd. Finco, Inc. / Intelligent Packaging Ltd. Co-Issuer LLC, 6.00%, 9/15/28(a) | 1,645,746 |
595,000 | Kronos Acquisition Holdings, Inc. / KIK Custom Products, Inc., 7.00%, 12/31/27(a) | 597,269 |
730,000 | New Gold, Inc., 7.50%, 7/15/27(a) | 791,138 |
1,087,000 | Primo Water Holdings, Inc., 4.38%, 4/30/29(a) | 1,087,217 |
8,078,017 | ||
Cayman Islands — 0.93% | ||
1,951,674 | Global Aircraft Leasing Co. Ltd., PIK, 6.50%, 9/15/24(a) | 1,961,432 |
France — 1.50% | ||
917,000 | Altice France SA, 5.13%, 7/15/29(a) | 922,639 |
1,700,000 | Banijay Entertainment SASU, 5.38%, 3/1/25(a) | 1,760,244 |
397,000(d) | Parts Europe SA, 6.50%, 7/16/25 | 493,237 |
3,176,120 | ||
Germany — 2.12% | ||
1,183,000 | Cheplapharm Arzneimittel GmbH, 5.50%, 1/15/28(a) | 1,212,575 |
1,000,000 | Commerzbank AG, 7.00%, (e),(f) | 1,088,217 |
705,000 | Vertical Holdco GmbH, 7.63%, 7/15/28(a) | 764,044 |
100,000(d) | Wintershall Dea Finance 2 BV, Series NC5, 2.50%, (e),(f) | 118,128 |
1,100,000(d) | Wintershall Dea Finance 2 BV, Series NC8, 3.00%, (e),(f) | 1,286,385 |
4,469,349 | ||
Italy — 1.55% | ||
400,000(d) | Banca Monte dei Paschi di Siena SpA, 8.50%, 9/10/30(e) | 434,793 |
350,000(d) | Banca Monte dei Paschi di Siena SpA, EMTN, 10.50%, 7/23/29 | 463,939 |
1,129,000 | F-Brasile SpA / F-Brasile US LLC, Series XR, 7.38%, 8/15/26(a) | 1,158,354 |
300,000 | Intesa Sanpaolo SpA, MTN, 7.70%, (a),(e),(f) | 344,536 |
1
SCHEDULE OF PORTFOLIO INVESTMENTS
RBC BlueBay High Yield Bond Fund (cont.)
June 30, 2021 (Unaudited)
Principal Amount | Value | |
$500,000 | Telecom Italia Capital SA, 6.38%, 11/15/33 | $596,393 |
220,000 | UniCredit SpA, 7.30%, 4/2/34(a),(e) | 264,392 |
3,262,407 | ||
Korea — 0.32% | ||
650,000 | Clark Equipment Co., 5.88%, 6/1/25(a) | 687,593 |
Luxembourg — 1.90% | ||
423,000 | Altice Financing SA, 5.00%, 1/15/28(a) | 416,505 |
700,000 | Altice Financing SA, 7.50%, 5/15/26(a) | 728,910 |
1,412,000 | Altice France Holding SA, 10.50%, 5/15/27(a) | 1,568,363 |
680,000(g) | Cidron Aida Finco Sarl, 6.25%, 4/1/28(a) | 959,004 |
264,000(d) | Summer BC Holdco B SARL, 5.75%, 10/31/26 | 327,032 |
3,999,814 | ||
Netherlands — 0.81% | ||
870,000(d) | IPD 3 BV, 5.50%, 12/1/25 | 1,071,421 |
600,000 | UPC Holding BV, 5.50%, 1/15/28(a) | 629,367 |
1,700,788 | ||
Singapore — 0.37% | ||
947,000 | Avation Capital SA, PIK, 8.25%, 10/31/26(a) | 784,826 |
Spain — 0.72% | ||
1,342,000 | Cirsa Finance International Sarl, 7.88%, 12/20/23(a) | 1,368,194 |
160,000(d) | Haya Real Estate SA, 5.25%, 11/15/22 | 149,372 |
1,517,566 | ||
United Arab Emirates — 0.25% | ||
508,000 | GEMS MENASA Cayman Ltd. / GEMS Education Delaware LLC, 7.13%, 7/31/26(a) | 524,302 |
United Kingdom — 1.19% | ||
870,000(d) | Pinnacle Bidco Plc, 5.50%, 2/15/25 | 1,056,634 |
680,000(g) | Stonegate Pub Co. Financing 2019 Plc, 8.25%, 7/31/25 | 982,724 |
476,000 | Virgin Media Finance Plc, 5.00%, 7/15/30(a) | 480,899 |
2,520,257 | ||
United States — 79.34% | ||
3,169,000 | Adient US LLC, 9.00%, 4/15/25(a) | 3,487,310 |
1,249,000 | Adtalem Global Education, Inc., 5.50%, 3/1/28(a) | 1,270,846 |
840,000 | Ahead DB Holdings LLC, 6.63%, 5/1/28(a) | 872,264 |
1,050,000 | Aircastle Ltd., 5.25%, (a),(e),(f) | 1,060,500 |
1,519,000 | Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC, 3.50%, 3/15/29(a) | 1,502,517 |
932,000 | Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC, 7.50%, 3/15/26(a) | 1,022,188 |
2,177,000 | Allegheny Technologies, Inc., 7.88%, 8/15/23 | 2,396,321 |
2
SCHEDULE OF PORTFOLIO INVESTMENTS
RBC BlueBay High Yield Bond Fund (cont.)
June 30, 2021 (Unaudited)
Principal Amount | Value | |
$1,850,000 | Alliance Data Systems Corp., 7.00%, 1/15/26(a) | $1,979,506 |
1,356,683 | Allison Transmission, Inc., 5.88%, 6/1/29(a) | 1,490,822 |
520,000 | Ally Financial, Inc., Series C, 4.70%, (e),(f) | 528,241 |
600,000 | Ally Financial, Inc., Series B, 4.70%, (e),(f) | 621,064 |
1,068,000 | APi Group DE, Inc., 4.13%, 7/15/29(a) | 1,062,932 |
648,000 | Ardagh Packaging Finance Plc / Ardagh Holdings USA, Inc., 5.25%, 8/15/27(a) | 662,043 |
938,000 | Asbury Automotive Group, Inc., 4.50%, 3/1/28 | 970,506 |
410,000(d) | Avis Budget Finance Plc, 4.75%, 1/30/26 | 495,957 |
1,089,000 | Banff Merger Sub, Inc., 9.75%, 9/1/26(a) | 1,147,957 |
655,000 | Bausch Health Americas, Inc., 8.50%, 1/31/27(a) | 711,846 |
596,000 | Bausch Health Cos., Inc., 6.25%, 2/15/29(a) | 589,474 |
405,333 | BCPE Ulysses Intermediate, Inc., PIK, 7.75%, 4/1/27(a) | 415,930 |
962,000 | Boxer Parent Co., Inc., 7.13%, 10/2/25(a) | 1,029,625 |
760,000 | Boyne USA, Inc., 4.75%, 5/15/29(a) | 787,179 |
1,500,000 | Brundage-Bone Concrete Pumping Holdings, Inc., 6.00%, 2/1/26(a) | 1,582,450 |
1,000,000 | Builders FirstSource, Inc., 5.00%, 3/1/30(a) | 1,050,009 |
1,000,000 | Builders FirstSource, Inc., 6.75%, 6/1/27(a) | 1,073,511 |
629,000 | Cablevision Lightpath LLC, 5.63%, 9/15/28(a) | 641,580 |
516,000 | Caesars Entertainment, Inc., 6.25%, 7/1/25(a) | 547,035 |
662,000 | Caesars Entertainment, Inc., 8.13%, 7/1/27(a) | 736,699 |
1,000,000 | Caesars Resort Collection LLC / CRC Finco, Inc., 5.25%, 10/15/25(a) | 1,012,696 |
400,000 | Caesars Resort Collection LLC / CRC Finco, Inc., 5.75%, 7/1/25(a) | 421,500 |
2,671,000 | Carriage Services, Inc., 4.25%, 5/15/29(a) | 2,666,604 |
549,000 | Carvana Co., 5.88%, 10/1/28(a) | 577,638 |
623,000 | CCO Holdings LLC / CCO Holdings Capital Corp., 4.50%, 6/1/33(a) | 636,426 |
903,000 | CCO Holdings LLC / CCO Holdings Capital Corp., 4.75%, 3/1/30(a) | 954,613 |
493,000 | Cedar Fair LP / Canada’s Wonderland Co. / Magnum Management Corp. / Millennium Op, 5.50%, 5/1/25(a) | 515,483 |
1,799,000 | Central Garden & Pet Co., 4.13%, 4/30/31(a) | 1,820,184 |
320,000 | Cinemark USA, Inc., 5.88%, 3/15/26(a) | 335,665 |
915,000 | Clarios Global LP / Clarios US Finance Co., 6.25%, 5/15/26(a) | 974,832 |
1,445,000 | Clarios Global LP / Clarios US Finance Co., 8.50%, 5/15/27(a) | 1,575,339 |
1,555,000 | Clearway Energy Operating LLC, 3.75%, 2/15/31(a) | 1,544,483 |
937,000 | Cleveland-Cliffs, Inc., 6.75%, 3/15/26(a) | 1,009,831 |
969,000 | CommScope Technologies LLC, 6.00%, 6/15/25(a) | 989,874 |
957,000 | Constellium SE, 3.75%, 4/15/29(a) | 950,382 |
1,073,000 | Coty, Inc., 5.00%, 4/15/26(a) | 1,088,454 |
2,455,000 | CQP Holdco LP / BIP-V Chinook Holdco LLC, 5.50%, 6/15/31(a) | 2,557,991 |
589,000 | CSC Holdings LLC, 4.63%, 12/1/30(a) | 577,777 |
643,000 | CSC Holdings LLC, 5.75%, 1/15/30(a) | 669,009 |
1,500,000 | CSC Holdings LLC, 7.50%, 4/1/28(a) | 1,642,759 |
1,248,000 | DCP Midstream Operating LP, 5.63%, 7/15/27 | 1,421,961 |
3
SCHEDULE OF PORTFOLIO INVESTMENTS
RBC BlueBay High Yield Bond Fund (cont.)
June 30, 2021 (Unaudited)
Principal Amount | Value | |
$1,881,000 | Dealer Tire LLC / DT Issuer LLC, 8.00%, 2/1/28(a) | $2,026,553 |
2,045,000 | DISH DBS Corp., 5.13%, 6/1/29(a) | 2,021,262 |
645,000 | DISH DBS Corp., 7.38%, 7/1/28 | 694,321 |
1,224,000 | Encompass Health Corp., 4.50%, 2/1/28 | 1,269,902 |
811,000 | Everi Holdings, Inc., 5.00%, 7/15/29(a) | 811,000 |
1,159,000 | Ferrellgas Escrow LLC / FG Operating Finance Escrow Corp., 5.38%, 4/1/26(a) | 1,149,146 |
1,030,000 | Ferrellgas Escrow LLC / FG Operating Finance Escrow Corp., 5.88%, 4/1/29(a) | 1,017,672 |
1,975,000 | Ford Motor Co., 9.00%, 4/22/25 | 2,433,687 |
1,269,000 | Ford Motor Credit Co. LLC, 4.13%, 8/17/27 | 1,346,866 |
957,000 | Ford Motor Credit Co. LLC, 5.13%, 6/16/25 | 1,053,619 |
2,000,000 | Forestar Group, Inc., 3.85%, 5/15/26(a) | 2,019,129 |
1,500,000 | Foundation Building Materials, Inc., 6.00%, 3/1/29(a) | 1,486,651 |
1,218,750 | Freedom Mortgage Corp., 6.63%, 1/15/27(a) | 1,226,328 |
515,000 | Gap, Inc. (The), 8.63%, 5/15/25(a) | 564,794 |
1,642,000 | G-III Apparel Group Ltd., 7.88%, 8/15/25(a) | 1,783,631 |
447,000 | Global Partners LP / GLP Finance Corp., 6.88%, 1/15/29 | 479,516 |
953,000 | Global Partners LP / GLP Finance Corp., 7.00%, 8/1/27 | 1,011,179 |
1,471,000 | GPD Cos., Inc., 10.13%, 4/1/26(a) | 1,599,934 |
1,710,000 | GrafTech Finance, Inc., 4.63%, 12/15/28(a) | 1,756,490 |
744,000 | Gray Television, Inc., 4.75%, 10/15/30(a) | 740,863 |
1,262,000 | Gray Television, Inc., 7.00%, 5/15/27(a) | 1,370,221 |
1,034,000 | Great Lakes Dredge & Dock Corp., 5.25%, 6/1/29(a) | 1,067,479 |
896,000 | Griffon Corp., 5.75%, 3/1/28 | 951,271 |
1,554,000 | Grinding Media, Inc. / Moly-Cop AltaSteel Ltd., 7.38%, 12/15/23(a) | 1,589,000 |
2,060,000 | HCA, Inc., 5.88%, 5/1/23 | 2,235,684 |
231,000 | Herc Holdings, Inc., 5.50%, 7/15/27(a) | 243,599 |
403,000 | Interface, Inc., 5.50%, 12/1/28(a) | 422,063 |
600,000 | International Game Technology Plc, 4.13%, 4/15/26(a) | 624,000 |
826,000 | International Game Technology Plc, 5.25%, 1/15/29(a) | 885,761 |
1,021,000 | IRB Holding Corp., 7.00%, 6/15/25(a) | 1,102,155 |
474,000 | Iron Mountain, Inc., 5.63%, 7/15/32(a) | 509,895 |
2,109,000 | ITT Holdings LLC, 6.50%, 8/1/29(a) | 2,148,681 |
1,233,000 | Kraton Polymers LLC / Kraton Polymers Capital Corp., 4.25%, 12/15/25(a) | 1,257,526 |
1,438,000 | LBM Acquisition LLC, 6.25%, 1/15/29(a) | 1,448,896 |
1,646,000 | LCPR Senior Secured Financing DAC, 6.75%, 10/15/27(a) | 1,773,894 |
590,000 | LD Holdings Group LLC, 6.13%, 4/1/28(a) | 587,580 |
832,000 | LD Holdings Group LLC, 6.50%, 11/1/25(a) | 851,260 |
1,052,000 | Level 3 Financing, Inc., 3.75%, 7/15/29(a) | 1,023,068 |
502,000 | Life Time, Inc., 5.75%, 1/15/26(a) | 520,373 |
646,000 | Life Time, Inc., 8.00%, 4/15/26(a) | 690,232 |
380,000 | Lithia Motors, Inc., 3.88%, 6/1/29(a) | 393,589 |
553,000 | Lithia Motors, Inc., 4.38%, 1/15/31(a) | 592,377 |
744,000 | LogMeIn, Inc., 5.50%, 9/1/27(a) | 771,273 |
1,800,000 | Lumen Technologies, Inc., Series W, 6.75%, 12/1/23 | 1,995,388 |
4
SCHEDULE OF PORTFOLIO INVESTMENTS
RBC BlueBay High Yield Bond Fund (cont.)
June 30, 2021 (Unaudited)
Principal Amount | Value | |
$270,000 | Madison IAQ LLC, 5.88%, 6/30/29(a) | $274,713 |
1,008,000 | Magic Mergeco, Inc., 5.25%, 5/1/28(a) | 1,034,982 |
1,017,000 | Magic Mergeco, Inc., 7.88%, 5/1/29(a) | 1,047,904 |
1,721,000 | Matthews International Corp., 5.25%, 12/1/25(a) | 1,775,476 |
1,551,000 | Metis Merger Sub LLC, 6.50%, 5/15/29(a) | 1,527,079 |
946,000 | MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer, Inc., 4.63%, 6/15/25(a) | 1,010,883 |
732,000 | Midcap Financial Issuer Trust, 6.50%, 5/1/28(a) | 765,962 |
379,000 | Nationstar Mortgage Holdings, Inc., 5.50%, 8/15/28(a) | 383,099 |
351,000 | Nationstar Mortgage Holdings, Inc., 6.00%, 1/15/27(a) | 364,195 |
2,029,000 | Netflix, Inc., 5.50%, 2/15/22 | 2,087,223 |
1,374,000 | New Fortress Energy, Inc., 6.50%, 9/30/26(a) | 1,400,557 |
582,000 | Nexstar Broadcasting, Inc., 5.63%, 7/15/27(a) | 618,845 |
1,817,000 | Northwest Fiber LLC / Northwest Fiber Finance Sub, Inc., 6.00%, 2/15/28(a) | 1,817,396 |
1,250,000 | Novelis Corp., 5.88%, 9/30/26(a) | 1,301,422 |
796,000 | NuStar Logistics LP, 5.75%, 10/1/25 | 868,568 |
839,000 | NuStar Logistics LP, 6.38%, 10/1/30 | 926,821 |
917,000 | Organon & Co. / Organon Foreign Debt Co-Issuer BV, 5.13%, 4/30/31(a) | 944,602 |
908,000 | Park River Holdings, Inc., 5.63%, 2/1/29(a) | 883,770 |
1,127,000 | Pike Corp., 5.50%, 9/1/28(a) | 1,171,610 |
815,000 | Post Holdings, Inc., 5.75%, 3/1/27(a) | 853,496 |
1,094,080 | PowerTeam Services LLC, 9.03%, 12/4/25(a) | 1,203,507 |
1,849,000 | Prime Security Services Borrower LLC / Prime Finance, Inc., 3.38%, 8/31/27(a) | 1,793,756 |
726,000 | Radiate Holdco LLC / Radiate Finance, Inc., 6.50%, 9/15/28(a) | 762,560 |
951,000 | Rayonier AM Products, Inc., 5.50%, 6/1/24(a) | 914,589 |
902,000 | Rayonier AM Products, Inc., 7.63%, 1/15/26(a) | 940,429 |
390,000 | Realogy Group LLC / Realogy Co-Issuer Corp., 5.75%, 1/15/29(a) | 407,744 |
578,000 | Realogy Group LLC / Realogy Co-Issuer Corp., 7.63%, 6/15/25(a) | 627,089 |
1,292,000 | Realogy Group LLC / Realogy Co-Issuer Corp., 9.38%, 4/1/27(a) | 1,434,851 |
1,721,000 | RegionalCare Hospital Partners Holdings, Inc. / LifePoint Health, Inc., 9.75%, 12/1/26(a) | 1,853,819 |
722,000 | Resolute Forest Products, Inc., 4.88%, 3/1/26(a) | 745,760 |
976,000 | SBA Communications Corp., 3.13%, 2/1/29(a) | 942,565 |
691,000 | Scientific Games International, Inc., 5.00%, 10/15/25(a) | 713,278 |
678,000 | Scientific Games International, Inc., 7.00%, 5/15/28(a) | 740,768 |
837,000 | Scientific Games International, Inc., 8.25%, 3/15/26(a) | 898,838 |
1,332,000 | Sinclair Television Group, Inc., 4.13%, 12/1/30(a) | 1,310,006 |
1,047,000 | Sinclair Television Group, Inc., 5.88%, 3/15/26(a) | 1,078,709 |
1,510,000 | Sirius XM Radio, Inc., 4.00%, 7/15/28(a) | 1,558,193 |
489,000 | Sirius XM Radio, Inc., 4.63%, 7/15/24(a) | 502,125 |
212,000 | Sizzling Platter LLC / Sizzling Platter Finance Corp., 8.50%, 11/28/25(a) | 218,469 |
5
SCHEDULE OF PORTFOLIO INVESTMENTS
RBC BlueBay High Yield Bond Fund (cont.)
June 30, 2021 (Unaudited)
Principal Amount | Value | |
$2,844,000 | Specialty Building Products Holdings LLC / SBP Finance Corp., 6.38%, 9/30/26(a) | $2,981,946 |
2,000,000 | Sprint Communications, Inc., 11.50%, 11/15/21 | 2,074,212 |
1,825,000 | SRM Escrow Issuer LLC, 6.00%, 11/1/28(a) | 1,934,183 |
1,300,000 | Suburban Propane Partners LP/Suburban Energy Finance Corp., 5.00%, 6/1/31(a) | 1,329,656 |
1,272,000 | Summer BC Bidco B LLC, 5.50%, 10/31/26(a) | 1,293,276 |
625,000 | Targa Resources Partners LP / Targa Resources Partners Finance Corp., 4.88%, 2/1/31(a) | 676,449 |
1,630,000 | TEGNA, Inc., 5.00%, 9/15/29 | 1,706,325 |
1,889,000 | Tenet Healthcare Corp., 6.13%, 10/1/28(a) | 2,010,010 |
1,832,000 | Terrier Media Buyer, Inc., 8.88%, 12/15/27(a) | 1,978,359 |
703,000 | TransDigm, Inc., 5.50%, 11/15/27 | 733,593 |
542,000 | TransDigm, Inc., 6.25%, 3/15/26(a) | 571,706 |
612,000 | TripAdvisor, Inc., 7.00%, 7/15/25(a) | 659,451 |
570,000 | Triumph Group, Inc., 6.25%, 9/15/24(a) | 578,736 |
1,371,000 | Univision Communications, Inc., 6.63%, 6/1/27(a) | 1,485,516 |
521,000 | Voyager Aviation Holdings LLC, 8.50%, 5/9/26(a) | 471,033 |
1,011,000 | White Cap Buyer LLC, 6.88%, 10/15/28(a) | 1,078,512 |
800,000 | Yum! Brands, Inc., 7.75%, 4/1/25(a) | 872,116 |
167,368,358 | ||
Total Corporate Bonds | 202,344,309 | |
(Cost $196,684,349) |
Shares | ||
Common Stocks — 0.07% | ||
Australia — 0.01% | ||
70,137 | Quintis Ltd.*,(b),(c) | 17,534 |
United Kingdom — 0.00% | ||
12,023 | AVTCAP WARR*,(b),(c) | 2 |
United States — 0.06% | ||
12,785 | Vertellus Escrow U.S.*,(b),(c) | 2,250 |
1,445 | Voyager Aviation Holdings LLC* | 122,825 |
241 | Voyager Aviation Holdings LLC* | 0 |
12,785 | W R Grace & Co.*,(b),(c) | 1,125 |
126,200 | ||
Total Common Stocks | 143,736 | |
(Cost $2) |
6
SCHEDULE OF PORTFOLIO INVESTMENTS
RBC BlueBay High Yield Bond Fund (cont.)
June 30, 2021 (Unaudited)
Shares | Value | |
Rights/Warrants — 0.00% | ||
Mexico — 0.00% | ||
3,026 | Urbi Desarrollos Urbanos SAB de CV Warrants, Expire 12/31/49* | $0 |
Total Rights/Warrants | 0 | |
(Cost $0) | ||
Investment Company — 7.91% | ||
16,680,548 | U.S. Government Money Market Fund, RBC Institutional Class 1 (h) | 16,680,548 |
Total Investment Company | 16,680,548 | |
(Cost $16,680,548) | ||
Total Investments | $219,168,593 | |
(Cost $213,364,899) — 103.90% | ||
Liabilities in excess of other assets — (3.90)% | (8,220,957) | |
NET ASSETS — 100.00% | $210,947,636 |
* | Non-income producing security. |
(a) | Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. |
(b) | The Pricing Committee has fair valued this security under procedures established by the Fund’s Board of Trustees. |
(c) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(d) | Principal amount denoted in Euros. |
(e) | Security is a fix-to-float security, which carries a fixed coupon until a certain date, upon which it switches to a floating rate. Reference rate and spread are provided if the rate is currently floating. |
(f) | Perpetual security with no stated maturity date. |
(g) | Principal amount denoted in British Pounds. |
(h) | Affiliated investment. |
7
SCHEDULE OF PORTFOLIO INVESTMENTS
RBC BlueBay High Yield Bond Fund (cont.)
June 30, 2021 (Unaudited)
Foreign currency exchange contracts as of June 30, 2021:
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Value/Unrealized Appreciation (Depreciation) | ||||||
GBP | 925,000 | USD | 1,279,241 | Citibank N.A. | 8/18/21 | $464 | ||||
USD | 6,106,881 | EUR | 5,074,000 | Citibank N.A. | 8/18/21 | 84,409 | ||||
USD | 609,204 | EUR | 500,000 | Citibank N.A. | 8/18/21 | 15,740 | ||||
USD | 3,132,794 | GBP | 2,250,000 | Citibank N.A. | 8/18/21 | 19,998 | ||||
$120,611 | ||||||||||
EUR | 400,000 | USD | 476,363 | Citibank N.A. | 8/18/21 | $(1,591) | ||||
Total | $119,020 |
Financial futures contracts as of June 30, 2021:
Short Position | Number of Contracts | Expiration Date | Value/Unrealized Depreciation | Notional Value | Clearinghouse | ||||||
10 Year Euro-Bund | 5 | September 2021 | $(5,775) | EUR | $1,023,362 | Citigroup Global Markets Inc. | |||||
10 Year U.S. Ultra Treasury Bond | 78 | September 2021 | (135,923) | USD | 11,481,844 | Citigroup Global Markets Inc. | |||||
5 Year Euro-Bobl | 6 | September 2021 | (789) | EUR | 954,410 | Citigroup Global Markets, Inc. | |||||
Total | $(142,487) |
Abbreviations used are defined below: |
Bobl - German Bundesobligationen |
EMTN - Euro Medium Term Note |
EUR - Euro |
GBP - United Kingdom Pound Sterling |
MTN - Medium Term Note |
USD - United States Dollar |
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SCHEDULE OF PORTFOLIO INVESTMENTS
RBC BlueBay High Yield Bond Fund (cont.)
June 30, 2021 (Unaudited)
Portfolio Diversification (Unaudited)
Industries | Percentage of Net Assets | |
Consumer, Cyclical | 25.46% | |
Communications | 19.49% | |
Consumer, Non-cyclical | 14.38% | |
Industrial | 11.06% | |
Financial | 9.67% | |
Basic Materials | 7.09% | |
Energy | 6.11% | |
Technology | 1.44% | |
Utilities | 1.29% | |
Other* | 4.01% | |
100.00% | ||
* Includes cash, Investment Company, interest and dividend receivable, pending trades and Fund share transactions, warrants, financial futures contracts, foreign currency exchange contracts and accrued expenses payable. |
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