TORONTO, Dec. 22, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced estimated December 2025 cash distributions for unitholders of RBC ETFs and ETF Series of RBC Funds.
Please note that these are estimated amounts only, as of December 15, 2025. 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 2025 monthly cash distributions for RBC ETFs and ETF Series of RBC Funds on or about December 30, 2025. Unitholders of record on December 30, 2025, will receive distributions payable on January 5, 2026.
The actual taxable amounts of cash and reinvested distributions for 2025, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc.) in early 2026.
The estimated December 2025 cash distribution amounts per unit for the RBC ETFs are as follows:
FUND NAME FUNDTICKER ESTIMATEDCASHDISTRIBUTIONPER CUSIP
UNIT
RBC 1-5 Year Laddered
Canadian Bond ETF RLB $0.055 74933L100
RBC 1-5 Year Laddered
Canadian Corporate Bond
ETF RBO $0.065 74932K103
RBC Target 2026 Canadian
Government Bond ETF RGQO $0.040 749377107
RBC Target 2027 Canadian
Government Bond ETF RGQP $0.035 74936K109
RBC Target 2028 Canadian
Government Bond ETF RGQQ $0.050 74938H104
RBC Target 2029 Canadian
Government Bond ETF RGQR $0.048 74939C104
RBC Target 2030 Canadian
Government Bond ETF RGQS $0.035 74936X101
RBC Target 2031 Canadian
Government Bond ETF RGQT $0.030 75528T101
RBC Target 2026 Canadian
Corporate Bond Index
ETF RQO $0.050 749385100
RBC Target 2027 Canadian
Corporate Bond Index
ETF RQP $0.060 749334108
RBC Target 2028 Canadian
Corporate Bond Index
ETF RQQ $0.080 75528N104
RBC Target 2029 Canadian
Corporate Bond Index
ETF RQR $0.080 75528M106
RBC Target 2030 Canadian
Corporate Bond Index
ETF RQS $0.065 75529R104
RBC Target 2031 Canadian
Corporate Bond ETF RQT $0.050 74939J109
RBC Target 2026 U.S.
Corporate Bond ETF RUQO $0.045 749331104
RBC Target 2026 U.S.
Corporate Bond ETF (USD
Units) RUQO.U $0.033 749331203
RBC Target 2027 U.S.
Corporate Bond ETF RUQP $0.050 749332102
RBC Target 2027 U.S.
Corporate Bond ETF (USD
Units) RUQP.U $0.036 749332201
RBC Target 2028 U.S.
Corporate Bond ETF RUQQ $0.055 749333100
RBC Target 2028 U.S.
Corporate Bond ETF (USD
Units) RUQQ.U $0.040 749333209
RBC Target 2029 U.S.
Corporate Bond ETF RUQR $0.065 74936W103
RBC Target 2029 U.S.
Corporate Bond ETF (USD
Units) RUQR.U $0.047 74936W202
RBC Target 2030 U.S.
Corporate Bond ETF RUQS $0.050 749322103
RBC Target 2030 U.S.
Corporate Bond ETF (USD
Units) RUQS.U $0.036 749322202
RBC Target 2031 U.S.
Corporate Bond ETF RUQT $0.040 74938M103
RBC Target 2031 U.S.
Corporate Bond ETF (USD
Units) RUQT.U $0.029 74938M202
RBC Canadian Discount
Bond ETF RCDB $0.040 75526D108
RBC Canadian Ultra Short
Term Bond ETF RUST $0.145 74938L105
RBC U.S. Discount Bond
ETF RUDB $0.030 75528Q107
RBC U.S. Discount Bond
ETF (USD Units) RUDB.U $0.022 75528Q115
RBC U.S. Discount Bond
(CAD Hedged) ETF RDBH $0.040 74938B107
RBC Short Term U.S.
Corporate Bond ETF RUSB $0.075 74934F102
RBC Short Term U.S.
Corporate Bond ETF (USD
Units) RUSB.U $0.054 74934F201
RBC AAA CLO (CAD Hedged)
ETF RCLO $0.090 74937F109
RBC Canadian Preferred
Share ETF RPF $0.105 74934A103
RBC Quant Canadian
Dividend Leaders ETF RCD $0.095 74930H102
RBC Canadian Dividend
Covered Call ETF RCDC $0.128 75526J105
RBC Canadian Bank Yield
Index ETF RBNK $0.100 75525D109
RBC Quant U.S. Dividend
Leaders ETF RUD $0.030 74930L103
RBC Quant U.S. Dividend
Leaders ETF (USD Units) RUD.U $0.022 74930L202
RBC Quant U.S. Dividend
Leaders (CAD Hedged)
ETF RUDH $0.040 74933A104
RBC U.S. Dividend
Covered Call ETF RUDC $0.115 74938C105
RBC U.S. Dividend
Covered Call ETF (USD
Units) RUDC.U $0.084 74938C204
RBC Quant European
Dividend Leaders ETF RPD $0.080 74932V208
RBC Quant European
Dividend Leaders ETF
(USD Units) RPD.U $0.058 74932V109
RBC Quant European
Dividend Leaders (CAD
Hedged) ETF RPDH $0.090 74933B102
RBC Quant EAFE Dividend
Leaders ETF RID $0.080 74931R109
RBC Quant EAFE Dividend
Leaders ETF (USD Units) RID.U $0.058 74931R208
RBC Quant EAFE Dividend
Leaders (CAD Hedged)
ETF RIDH $0.095 74932R108
* Cash distribution per unit ($) amounts are USD for
RUQO.U, RUQP.U, RUQQ.U, RUQR.U, RUQS.U, RUQT.U, RUDB.U,
RUSB.U, RUD.U, RUDC.U, RPD.U and RID.U
The estimated December 2025 cash distribution amounts per unit for ETF Series of RBC Funds are as follows:
FUND NAME FUNDTICKER ESTIMATEDCASHDISTRIBUTIONPER CUSIP
UNIT
RBC Conservative Bond
Pool -- ETF Series RCNS $0.240 74936D105
RBC Core Bond Pool --
ETF Series RCOR $0.237 74936B109
RBC Core Plus Bond Pool
-- ETF Series RPLS $0.300 74936F100
RBC Canadian Equity
Income Fund -- ETF
Series RCEI $0.062 74935U108
RBC North American Value
Fund -- ETF Series RNAV $0.410 75528H107
RBC North American
Growth Fund -- ETF
Series RNAG $0.163 75528D106
RBC U.S. Mid-Cap Growth
Equity Fund -- ETF
Series RUMG $0.000 75528A102
RBC Life Science and
Technology Fund -- ETF
Series RLST $0.000 749292108
RBC International Equity
Fund -- ETF Series RINT $0.260 75528F101
RBC Emerging Markets
Dividend Fund -- ETF
Series REMD $0.010 749329108
RBC Global Large Cap
Equity Fund -- ETF
Series RGLE $0.000 75525T104
RBC Global Energy Fund
-- ETF Series RENG $0.554 749342101
RBC Global Precious
Metals Fund -- ETF
Series RGPM $0.000 749344107
RBC Global Technology
Fund -- ETF Series RTEC $0.000 749347100
Please note that the above estimated cash distributions do not include the annual reinvested capital gains distributions for 2025, which are reported separately.
For further information regarding RBC ETFs and ETF Series of RBC Funds, please visit www.rbcgam.com/etfsolutions.
Forward-looking information:
This notice contains forward-looking statements within the meaning of certain securities laws. Forward-looking statements in this notice include statements with respect to the December 2025 cash distributions for the RBC ETFs and ETF Series of RBC Funds. By their nature, these forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties, which give rise to the possibility that the actual cash distributions will differ materially from the estimated cash distributions set forth in this notice. Factors that could cause the actual cash distributions to differ from the estimated cash distributions include, but are not limited to: the actual amounts of distributions received by the RBC ETFs and ETF Series of RBC Funds; the actual amounts of capital gains generated from sales of securities; trading activity within the RBC ETFs and ETF Series of RBC Funds, including buying and selling of securities; and subscription and redemption activity.
Distribution estimates do not denote the yield a client may receive. All values are expressed in Canadian dollars, unless otherwise indicated. Totals may not sum due to rounding. The December 2025 cash distribution estimates are provided by RBC GAM Inc. and are for information purposes only. They do not reflect final attributions for tax purposes. For more information, please speak with your investment advisor.
Commissions, management fees and expenses all may be associated with investments in mutual funds and exchange-traded funds ("ETFs"). Please read the applicable prospectus or ETF Facts document before investing. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and ETF Series is a class of securities offered by a mutual fund that are bought and sold at market price on a stock exchange. Brokerage commissions will reduce returns. RBC ETFs do not seek to return any predetermined amount at maturity. Index returns do not represent RBC ETF returns. RBC ETFs and RBC Funds are managed by RBC GAM Inc., a member of the RBC GAM group of companies and an indirect wholly-owned subsidiary of Royal Bank of Canada.
RBC Target 2026 Canadian Government Bond ETF, RBC Target 2027 Canadian Government Bond ETF, RBC Target 2028 Canadian Government Bond ETF, RBC Target 2029 Canadian Government Bond ETF, RBC Target 2030 Canadian Government Bond ETF and RBC Target 2031 Canadian Government Bond ETF (collectively, the "Canadian TMGB ETFs"), and RBC Target 2026 Canadian Corporate Bond Index ETF, RBC Target 2027 Canadian Corporate Bond Index ETF, RBC Target 2028 Canadian Corporate Bond Index ETF, RBC Target 2029 Canadian Corporate Bond Index ETF, RBC Target 2030 Canadian Corporate Bond Index ETF and RBC Target 2031 Canadian Corporate Bond ETF (collectively, the "Canadian TMCB ETFs"), and RBC Target 2026 U.S. Corporate Bond ETF, RBC Target 2027 U.S. Corporate Bond ETF, RBC Target 2028 U.S. Corporate Bond ETF, RBC Target 2029 U.S. Corporate Bond ETF, RBC Target 2030 U.S. Corporate Bond ETF and RBC Target 2031 U.S. Corporate Bond ETF (collectively, the "U.S. TMCB ETFs"), do not seek to deliver a predetermined amount at maturity, and the amount an investor receives may be more or less than their original investment.
The Canadian TMCB ETFs have been developed solely by RBC GAM Inc., and are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). All rights in the FTSE Canada 2026 Maturity Corporate Bond Index, FTSE Canada 2027 Maturity Corporate Bond Index, FTSE Canada 2028 Maturity Corporate Bond Index, FTSE Canada 2029 Maturity Corporate Bond Index and FTSE Canada 2030 Maturity Corporate Bond Index (collectively, the "FTSE Maturity Corporate Bond Indices") vest in the relevant LSE Group company which owns the FTSE Maturity Corporate Bond Indices. "FTSE$(R)$" is a trade mark of the relevant LSE Group company and is used by any other LSE Group company under license.
The FTSE Maturity Corporate Bond Indices are calculated by or on behalf of FTSE Global Debt Capital Markets Inc. or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the FTSE Maturity Corporate Bond Indices or (b) investment in or operation of the Canadian TMCB ETFs. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Canadian TMCB ETFs or the suitability of the FTSE Maturity Corporate Bond Indices for the purpose to which they are being put by RBC GAM Inc.
RBC Canadian Bank Yield Index ETF has been developed solely by RBC GAM Inc. and is not sponsored, promoted, sold or supported by Solactive AG ("Solactive"). The Solactive Canada Bank Yield Index is calculated and published by Solactive. Solactive does not offer any express or implicit guarantee or assurance regarding the results to be obtained from the use of the index or index price nor does Solactive make any representation regarding the advisability of investing in the ETFs.
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 100,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.
About RBC Global Asset Management
RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional), manage approximately $790 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.
For more information, please contact:
Brandon Dorey, RBC GAM Corporate Communications, 647-262-6307
SOURCE RBC Global Asset Management Inc.
Copyright CNW Group 2025
(END) Dow Jones Newswires
December 22, 2025 16:45 ET (21:45 GMT)
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