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  • RBC BlueBay High Yield Bond Fund Launches R6 Share Class, Surpasses $1 Billion in Assets

RBC BlueBay High Yield Bond Fund Launches R6 Share Class, Surpasses $1 Billion in Assets

press release
RBC Global Asset Management (U.S.) • Dec 15, 2025

STAMFORD, December 15, 2025 – RBC Global Asset Management ("RBC GAM") today announced that the RBC BlueBay High Yield Bond Fund (“the Fund”) has launched an R6 Share class available to qualified retirement and benefit plans. The Fund also surpassed $1 billion in assets as of December 3, 2025, marking an important milestone for the firm’s growing BlueBay U.S. Fixed Income platform. These achievements reflect strong client demand for income-oriented solutions and confidence in the disciplined, research-driven approach to credit investing managed by RBC GAM’s BlueBay U.S. Fixed Income team.

Share Class

Ticker Symbol

CUSIP

A

RHYAX

74926P423

I

RGHYX

74926P381

R6

RHYRX

74933U514

The RBC BlueBay High Yield Bond Fund is managed by Tim Leary (BlueBay Senior Portfolio Manager), Andrzej Skiba (Head of BlueBay U.S. Fixed Income) and Charles Whinery (BlueBay Portfolio Manager) and follows a high-conviction, bottom-up investment process focused on uncovering value across the U.S. high-yield universe.

“Crossing the $1 billion threshold underscores the strength of our credit platform and the trust our clients place in our investment teams,” said Donald Sanya, CEO of RBC Global Asset Management (U.S.) Inc. “This milestone along with the Fund’s new R6 share class reflect RBC GAM’s continued commitment to bringing a comprehensive and differentiated U.S. fixed income offering to investors saving for retirement.”

The growth of RBC GAM’s RBC BlueBay High Yield Bond Fund exemplifies the firm’s long-term focus on meeting the needs of U.S. advisors and institutional investors seeking diversified income solutions.

“As many investors continue to seek attractive all-in yields and a steady income stream, we believe U.S. high yield is a compelling opportunity for portfolios,” said Tim Leary, BlueBay Senior Portfolio Manager at RBC Global Asset Management. “When thinking about the market environment we sit in today, with elevated inflation, we believe high yield bonds have the potential to provide a buffer to help protect portfolios from inflation erosion.”

For more information about the RBC BlueBay High Yield Bond Fund and RBC Global Asset Management’s U.S. fixed income strategies, please visit www.rbcgam.com.

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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. The RBC GAM group of companies manage more than $560 billion USD in assets and have approximately 1,700 employees as of September 30, 2025, located across Canada, the United States, Europe and Asia.

For more information, please contact:
Tony Catinella, RBC Global Asset Management Corporate Communications, 617-763-7232

Before investing, you should consider carefully a fund’s investment objectives, risks, charges, and expenses. This and other information is in the prospectus, which you can view by visiting https://dfinview.com/usrbcgam or request by calling 800.422.2766. Please read the prospectus carefully before investing.

Mutual fund investing involves risk. Principal loss is possible. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer- term debt securities. Investments in lower- and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities. These and other risks are described more fully in the prospectus.

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Disclosure

This material is provided by RBC Global Asset Management (RBC GAM) for informational purposes only and may not be reproduced, distributed or published without the written consent of RBC GAM or the relevant affiliated entity listed herein. RBC GAM is the asset management division of Royal Bank of Canada (RBC) which includes RBC Global Asset Management Inc. (RBC GAM Inc.), RBC Global Asset Management (U.S.) Inc. (RBC GAM-US), RBC Global Asset Management (UK) Limited (RBC GAM-UK), and RBC Global Asset Management (Asia) Limited (RBC GAM-Asia), which are separate, but affiliated subsidiaries of RBC.

In Canada, the material may be distributed by RBC GAM Inc., (including PH&N Institutional), which is regulated by each provincial and territorial securities commission. In the United States (US), this material may be distributed by RBC GAM-US, an SEC registered investment adviser. In the United Kingdom (UK) the material may be distributed by RBC GAM-UK, which is authorised and regulated by the UK Financial Conduct Authority (FCA), registered with the US Securities and Exchange Commission (SEC), and a member of the National Futures Association (NFA) as authorised by the US Commodity Futures Trading Commission (CFTC). In the European Economic Area (EEA), this material may be distributed by BlueBay Funds Management Company S.A. (BBFM S.A.), which is regulated by the Commission de Surveillance du Secteur Financier (CSSF). In Germany, Italy, Spain and Netherlands the BBFM S.A. is operating under a branch passport pursuant to the Undertakings for Collective Investment in Transferable Securities Directive (2009/65/EC) and the Alternative Investment Fund Managers Directive (2011/61/EU). In Switzerland, the material may be distributed by BlueBay Asset Management AG where the Representative and Paying Agent is BNP Paribas Securities Services, Paris, succursale de Zurich, Selnaustrasse 16, 8002 Zurich, Switzerland. In Japan, the material may be distributed by BlueBay Asset Management International Limited, which is registered with the Kanto Local Finance Bureau of Ministry of Finance, Japan. Elsewhere in Asia, the material may be distributed by RBC GAM-Asia, which is registered with the Securities and Futures Commission (SFC) in Hong Kong. In Australia, RBC GAM-UK is exempt from the requirement to hold an Australian financial services license under the Corporations Act in respect of financial services as it is regulated by the FCA under the laws of the UK which differ from Australian laws. All distribution-related entities noted above are collectively included in references to “RBC GAM” within this material.

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