RBC Global Asset Management Awarded Second Consecutive U.S. LSEG Lipper Fund Award for Investment Excellence

Rhea-AI Summary

RBC Global Asset Management (NYSE: RY) said its RBC BlueBay Core Plus Bond Fund (RCPRX) won the 2026 LSEG Lipper Fund Award for Best Core Plus Bond Fund, marking the fund's second consecutive year receiving this honor.

The award covers three-year risk-adjusted performance among 69 Core Plus Bond Funds for the period ending November 30, 2025. The Lipper Award was presented in New York City on March 11, 2026. Stu Kedwell, Global CIO, attributed the recognition to the BlueBay U.S. Fixed Income team’s active management and disciplined strategies.

AI-generated analysis. Not financial advice.

News Market Reaction – RY

+0.65%

1 alert

+0.65% News Effect

On the day this news was published, RY gained 0.65%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Core Plus Bond peers: 69 funds Regulatory balances: $2 billion Options excluded: 917,151 options +5 more

8 metrics

Core Plus Bond peers 69 funds RBC BlueBay Core Plus Bond Fund peer group size

Regulatory balances $2 billion Required balances as of Jul 31, 2025 and Apr 30, 2025

Options excluded 917,151 options Out-of-the-money options excluded from diluted EPS for quarter ended Jul 31, 2025

Medium-term notes $2.75 billion Senior Global Medium-Term Notes, Series J, priced on Aug 6, 2025

Note tranches $1.25B / $0.5B / $1.0B Three U.S.-dollar tranches due 2029 and 2031

13F equity holdings $554,862,076,000 Equity holdings reported on Form 13F as of Jun 30, 2025

13F positions 28,572 entries Number of information-table entries in Jun 30, 2025 Form 13F

Structured notes size US$750,000 Auto-Callable Contingent Coupon Barrier Notes due Jul 13, 2028

Market Reality Check

Price: $189.13 Vol: Volume 668,727 is 0.48x t...

low vol

$189.13 Last Close

Volume Volume 668,727 is 0.48x the 20-day average of 1,382,034, indicating subdued trading ahead of this award news. low

Technical Shares at 163.39 are trading above the 200-day MA of 151.71 and about 7.26% below the 52-week high of 176.19.

Peers on Argus

While RY was roughly flat at -0.02%, key diversified bank peers like C (+2.6%), ...

While RY was roughly flat at -0.02%, key diversified bank peers like C (+2.6%), HSBC (+2.24%), WFC (+1.5%), BAC (+1.25%) and JPM (+0.92%) moved higher, suggesting this recognition was stock-specific rather than part of a sector-wide move.

Historical Context

5 past events · Latest: Apr 01 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Apr 01	Fund launch	Positive	+1.0%	Launch of RBC BlueBay Credit Opportunities multi-asset U.S. credit fund.
Mar 03	Wealth survey	Positive	-1.6%	Survey highlighting rising economic power of women across generations.
Feb 11	UHNW services expansion	Positive	-1.4%	Expansion of RBC Echelon lifestyle platform with new external providers.
Jan 22	Mini‑tender warning	Positive	+0.5%	Company urges shareholders to reject below‑market mini‑tender offer.
Jan 06	Brand ambassador deal	Positive	-1.6%	Signing professional golfer Shane Lowry as new Team RBC ambassador.

Pattern Detected

Recent history shows RY often posting negative or muted moves around generally positive corporate and branding news.

Recent Company History

Over the last few months, RY has issued several positive, franchise-building announcements. On Apr 1, 2026, the launch of the RBC BlueBay Credit Opportunities Fund saw a +1.01% move. Earlier, a women’s economic power survey on Mar 3, 2026 and an expansion of UHNW lifestyle services on Feb 11, 2026 coincided with declines of -1.61% and -1.43%. A Jan 22, 2026 warning about a mini‑tender drew a modest +0.51% reaction, while the Jan 6, 2026 Team RBC golf ambassador news saw a -1.55% move.

Market Pulse Summary

This announcement highlights continued third-party recognition of RBC Global Asset Management’s fixe...

Analysis

This announcement highlights continued third-party recognition of RBC Global Asset Management’s fixed income capabilities, with the BlueBay Core Plus Bond Fund winning a second consecutive LSEG Lipper award among 69 peers based on three-year risk-adjusted performance. In context, RY has recently launched new credit products and expanded wealth and lifestyle offerings, while also issuing structured notes and medium-term debt. Investors may watch future asset-gathering trends, additional product launches, and subsequent awards or rankings as indicators of competitive positioning.

Key Terms

risk-adjusted performance, treasury stock method, capped enhanced return buffer notes, contingent coupon, +3 more

7 terms

risk-adjusted performance financial

"among 69 Core Plus Bond Funds based on risk-adjusted performance for the period"

A measure of how much return an investment generates after accounting for the amount of risk taken, treating big swings and chance of loss as part of the cost of earning those returns. Think of it like miles-per-gallon for money: it shows how efficiently an investment turns risk into reward. Investors use it to compare options on a like-for-like basis and to tell whether higher returns reflect skill or simply taking on more risk.

treasury stock method financial

"explains its method for computing diluted earnings per share using the treasury stock method"

A bookkeeping technique used to estimate how many additional shares would exist if all outstanding stock options, warrants and convertible securities were exercised, assuming the company uses the cash received to buy back shares at the current market price. Investors use it to calculate diluted earnings per share and to gauge potential ownership and profit dilution—like figuring out how a pie would be divided if more people claimed slices and some money was used to buy slices back.

capped enhanced return buffer notes financial

"These are senior unsecured, non-interest-paying Capped Enhanced Return Buffer Notes linked"

Capped enhanced return buffer notes are structured debt investments that aim to boost potential income by offering higher-than-usual payouts if the underlying asset rises, while protecting some losses up to a set level if it falls; however, any gains you receive are limited by a fixed maximum (the cap). Think of them like a partial insurance plan that pays enhanced returns when things go well but shares upside with the issuer and absorbs larger losses beyond the protected buffer—important for investors weighing higher yield against limited upside and risk of substantial loss.

contingent coupon financial

"Auto-Callable Contingent Coupon Barrier Notes due 13-Jul-2028"

A contingent coupon is an interest or dividend payment on a bond or preferred security that is paid only if certain pre-set conditions are met, such as sufficient profits, cash on hand, or regulatory capital levels. Think of it like a bonus that arrives only when the issuer hits specific financial targets; for investors it matters because missed coupons don’t necessarily mean a default but do reduce expected income and change the security’s risk and market value.

automatic call technical

"the notes will be redeemed at par plus the current coupon if both ETFs close"

An automatic call is a feature of certain bonds or structured notes that forces the issuer to repay the investment early if a preset condition—usually the price of a stock or index—meets or exceeds a set level on a review date. For investors it matters because it can end the investment sooner than expected, locking in a defined payout but also creating reinvestment risk and changing the timing of returns much like an appliance that turns itself off when it reaches a set temperature.

initial estimated value financial

"the bank’s initial estimated value is US$978.37 (97.837% of par)"

Initial estimated value is the first calculated worth assigned to an asset, company, project, or security when it is being introduced, evaluated, or priced. It matters to investors because it sets expectations for potential return and risk—like the opening price tag on an unfamiliar item—guiding buy/sell decisions, comparisons with alternatives, and negotiations, while recognizing the number may change as new information arrives.

underwriting discount financial

"reflecting a 1.00% underwriting discount, internal funding spread and hedging costs"

The underwriting discount is the fee that investment banks or broker-dealers keep when they buy securities from an issuer and resell them to the public; it’s the difference between the price paid to the company and the public offering price, shown per share or as a percentage. It matters to investors because it reduces the cash the company actually raises and is a cost built into the deal—like a sales commission—so a larger discount can mean higher issuance costs, tighter returns for new investors, and a signal about how much effort underwriters must expend to sell the offering.

AI-generated analysis. Not financial advice.

MINNEAPOLIS, April 6, 2026 /PRNewswire/ - RBC Global Asset Management-U.S. ("RBC GAM-U.S.") announced today that its RBC BlueBay Core Plus Bond Fund (RCPRX) was awarded a LSEG Lipper Fund Award for the second consecutive year.

The RBC BlueBay Core Plus Bond Fund received the 2026 award for "Best Core Plus Bond Fund" for its investment excellence over a three-year period among 69 Core Plus Bond Funds based on risk-adjusted performance for the period ending November 30, 2025.

"This award reflects the dedication and experience of our BlueBay U.S. Fixed Income team," said Stu Kedwell, Global Chief Investment Officer at RBC Global Asset Management. "Our active management and disciplined investment strategies reflect our ongoing commitment to pursue strong, consistent results for our investors. This recognition, for the second year in a row, is an honor for the team."

For more than three decades, the LSEG Lipper Fund Awards have recognized funds and fund management firms for their consistently strong risk-adjusted 3-year, 5-year, and 10-year performance relative to their peers. Based on Lipper's quantitative, proprietary methodology, the awards reflect a truly independent and uncompromised assessment of fund performance.

The Lipper Award was presented to RBC GAM during the 2026 United States LSEG Lipper Fund Awards ceremony in New York City on March 11.

More information about RBC GAM's U.S. mutual funds can be found at https://usmutualfunds.rbcgam.com/us/.

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 101,000+ 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) and RBC Indigo Asset Management Inc., manage approximately $572 billion in assets (CAD) and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.

Contact
Tony Catinella, tony.catinella@rbc.com

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-rated and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities. Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods. Derivatives such as futures, forwards, and swaps involve risks different from, and in certain cases, greater than the risks presented by more traditional investments. These and other risks are described more fully in the prospectus.

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.

The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com. Although LSEG makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by LSEG Lipper.

2025 Award - "Best Core Plus Bond Fund" based on risk-adjusted performance over a three-year period among 70 Core Plus Bond Funds for the period ending November 30, 2024.

RBC Global Asset Management (U.S.) Inc. is the Adviser for the RBC Funds Trust. The Funds are distributed by Quasar Distributors, LLC. Securities are offered through RBC Wealth Management, a division of RBC Capital Markets, LLC, member NYSE/FINRA/SIPC.

View original content to download multimedia:https://www.prnewswire.com/news-releases/rbc-global-asset-management-awarded-second-consecutive-us-lseg-lipper-fund-award-for-investment-excellence-302734267.html

SOURCE RBC Global Asset Management (U.S.)

FAQ

What award did RBC Global Asset Management (RY) receive for RCPRX in 2026?

The fund won the 2026 LSEG Lipper Award for Best Core Plus Bond Fund for three-year performance. According to the company, the award reflects risk-adjusted results among 69 Core Plus Bond Funds through November 30, 2025.

Is the RBC BlueBay Core Plus Bond Fund (RCPRX) a repeat Lipper award winner for 2026?

Yes, RCPRX received the Lipper Award for a second consecutive year, reaffirming repeat performance recognition. According to the company, this reflects the BlueBay U.S. Fixed Income team’s consistent risk-adjusted results.

What performance period was used for the 2026 LSEG Lipper Award for RCPRX?

The award used a three-year risk-adjusted performance period ending November 30, 2025. According to the company, Lipper’s methodology compares funds against peers over that three-year window.

How many Core Plus Bond Funds were evaluated for RCPRX's 2026 Lipper Award?

RCPRX was ranked among 69 Core Plus Bond Funds for the 2026 award evaluation. According to the company, the fund topped peers on risk-adjusted three-year performance through November 30, 2025.

When and where was the 2026 Lipper Award presented to RBC Global Asset Management (RY)?

The Lipper Award was presented on March 11, 2026, in New York City during the U.S. LSEG Lipper Fund Awards ceremony. According to the company, representatives accepted the award at that event.

What did RBC Global Asset Management say about the reason for RCPRX's Lipper recognition?

The company credited the BlueBay U.S. Fixed Income team's dedication, active management, and disciplined strategies for the award. According to the company, those factors contributed to consistent, risk-adjusted results for investors.