Key stats
About RBC U.S. Dividend Covered Call ETF
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Inception date
Jan 17, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Primary advisor
RBC Global Asset Management, Inc.
Identifiers
3
ISINCA74938C1059
The fund seeks income and long-term capital appreciation by investing in a diversified portfolio of US companies with above average dividend yield or good prospects for dividend growth. The fund adviser primarily uses a fundamental approach in the selection process. The fund also considers quantitative and technical metrics, as well as material ESG factors, including corporate governance, employee health and safety, human rights, and environmental management. The fund writes covered call options on some of the equity portfolio. Covered calls partially hedge against price declines of the underlying securities. The fund is actively managed, the adviser has full discretion to buy, hold, or sell securities at any given time. The fund may also engage in securities lending and invest in derivatives, cash, and money market instruments.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Health Technology
Stocks95.61%
Finance24.75%
Electronic Technology15.01%
Health Technology10.84%
Utilities7.74%
Consumer Non-Durables6.77%
Energy Minerals6.07%
Technology Services5.02%
Health Services3.65%
Consumer Services3.49%
Producer Manufacturing3.48%
Retail Trade2.70%
Transportation2.31%
Communications2.30%
Industrial Services1.47%
Bonds, Cash & Other4.39%
ETF3.28%
Cash1.12%
Stock breakdown by region
North America97.33%
Europe2.67%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RUDC invests in stocks. The fund's major sectors are Finance, with 24.75% stocks, and Electronic Technology, with 15.01% of the basket. The assets are mostly located in the North America region.
RUDC top holdings are Microsoft Corporation and Apple Inc., occupying 5.02% and 4.25% of the portfolio correspondingly.
RUDC last dividends amounted to 0.12 CAD. The month before, the issuer paid 0.12 CAD in dividends,
Yes, RUDC pays dividends to its holders with the dividend yield of 6.02%. The last dividend (Nov 28, 2025) amounted to 0.12 CAD. The dividends are paid monthly.
RUDC shares are issued by Royal Bank of Canada under the brand RBC. The ETF was launched on Jan 17, 2023, and its management style is Active.
RUDC expense ratio is 1.03% meaning you'd have to pay 1.03% of your investment to help manage the fund.
RUDC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RUDC invests in stocks.
RUDC price has fallen by −0.80% over the last month, and its yearly performance shows a 0.79% increase. See more dynamics on RUDC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.96% over the last month, have fallen by −0.96% over the last month, showed a 1.90% increase in three-month performance and has increased by 6.26% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.96% over the last month, have fallen by −0.96% over the last month, showed a 1.90% increase in three-month performance and has increased by 6.26% in a year.
RUDC trades at a premium (0.11%) meaning the ETF is trading at a higher price than the calculated NAV.