# EDGAR Filing Document

**Accession Number:** 0001272950
**File Stem:** 0001752724-25-202245
**Filing Date:** 2025-8
**Character Count:** 39326
**Document Hash:** dcde32f01cd2dffbefe6dea62e0d38a7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-202245.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001752724-25-202245

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RBC FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001272950

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21475
- **FILM NUMBER:** 251250335

**BUSINESS ADDRESS:**
- **STREET 1:** 250 NICOLLET MALL
- **STREET 2:** SUITE 1550
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55401
- **BUSINESS PHONE:** 612-380-1198

**MAIL ADDRESS:**
- **STREET 1:** 250 NICOLLET MALL
- **STREET 2:** SUITE 1550
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TAMARACK FUNDS TRUST
- **DATE OF NAME CHANGE:** 20031212

## Series and Classes Contracts Data

### RBC Small Cap Value Fund (Series ID: S000046780)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000146124 | Class I      | RSVIX           |
| C000175206 | Class R6     | RRSVX           |
| C000225268 | Class A      | RBVAX           |

## Nport-Ex

SCHEDULE OF PORTFOLIO INVESTMENTS

RBC Small Cap Value Fund

------

June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
| **Common Stocks — 97.5%** | **Common Stocks — 97.5%** |  |
| **Communication Services — 1.8%** | **Communication Services — 1.8%** |  |
| &nbsp;&nbsp;&nbsp;550 | Nexstar Media Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;$95123 |
| **Consumer Discretionary — 11.3%** | **Consumer Discretionary — 11.3%** |  |
| 2850 | Cheesecake Factory, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178581 |
| 1930 | Genesco, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38002 |
| &nbsp;&nbsp;&nbsp;790 | G-III Apparel Group Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17696 |
| &nbsp;&nbsp;&nbsp;260 | Group 1 Automotive, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113545 |
| &nbsp;&nbsp;&nbsp;340 | Oxford Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13685 |
| 1105 | Patrick Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101958 |
| &nbsp;&nbsp;&nbsp;635 | Steven Madden Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15227 |
| 1730 | Taylor Morrison Home Corp.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106257 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;584951 |
| **Consumer Staples — 1.6%** | **Consumer Staples — 1.6%** |  |
| &nbsp;&nbsp;&nbsp;340 | John B Sanfilippo & Son, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21502 |
| 3110 | TreeHouse Foods, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60396 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81898 |
| **Energy — 4.4%** | **Energy — 4.4%** |  |
| &nbsp;&nbsp;&nbsp;740 | Cactus, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32353 |
| 3400 | Magnolia Oil & Gas Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76432 |
| 1830 | Matador Resources Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87327 |
| 3850 | Select Water Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33264 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229376 |
| **Financials — 25.4%** | **Financials — 25.4%** |  |
| &nbsp;&nbsp;&nbsp;170 | American Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21456 |
| &nbsp;&nbsp;&nbsp;390 | AMERISAFE, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17055 |
| 1842 | Compass Diversified Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11568 |
| 2297 | Mercantile Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106604 |
| 1190 | Northrim BanCorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110979 |
| 3950 | P10, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40369 |
| 1460 | Pinnacle Financial Partners, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161198 |
| &nbsp;&nbsp;&nbsp;890 | Preferred Bank/Los Angeles, CA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77025 |
| 1270 | QCR Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86233 |
| &nbsp;&nbsp;&nbsp;410 | Reinsurance Group of America, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81328 |
| 2930 | Seacoast Banking Corp. of Florida | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80927 |
| &nbsp;&nbsp;&nbsp;896 | SouthState Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82459 |
| 1130 | Stewart Information Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73563 |
| 1520 | Stock Yards Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120049 |
| 1090 | Wintrust Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135138 |
| 1950 | WSFS Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107250 |
|  |  | &nbsp;&nbsp;&nbsp;1313201 |
| **Health Care — 7.8%** | **Health Care — 7.8%** |  |
| &nbsp;&nbsp;&nbsp;530 | Addus HomeCare Corp.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61051 |
| &nbsp;&nbsp;&nbsp;410 | Amphastar Pharmaceuticals, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9414 |

---

------

SCHEDULE OF PORTFOLIO INVESTMENTS

RBC Small Cap Value Fund (cont.)

------

June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
| &nbsp;&nbsp;1630 | Astrana Health, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;$40554 |
| &nbsp;&nbsp;1240 | Globus Medical, Inc., Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73185 |
| &nbsp;&nbsp;&nbsp;&nbsp;950 | Lantheus Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77767 |
| &nbsp;&nbsp;&nbsp;&nbsp;920 | Merit Medical Systems, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86001 |
| &nbsp;&nbsp;1770 | Omnicell, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52038 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400010 |
| **Industrials — 21.0%** | **Industrials — 21.0%** |  |
| &nbsp;&nbsp;1220 | Arcosa, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105786 |
| &nbsp;&nbsp;3590 | Barrett Business Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149667 |
| &nbsp;&nbsp;1240 | Bowman Consulting Group Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35650 |
| &nbsp;&nbsp;5710 | BrightView Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95071 |
| &nbsp;&nbsp;&nbsp;&nbsp;950 | CBIZ, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68125 |
| &nbsp;&nbsp;2310 | Douglas Dynamics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68076 |
| &nbsp;&nbsp;1526 | Ducommun, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126093 |
| &nbsp;&nbsp;5640 | Gates Industrial Corp. Plc\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129889 |
| &nbsp;&nbsp;1248 | Greenbrier Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57470 |
| &nbsp;&nbsp;1180 | Insteel Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43908 |
| &nbsp;&nbsp;&nbsp;&nbsp;370 | Moog, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66959 |
| &nbsp;&nbsp;&nbsp;&nbsp;210 | MYR Group, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38105 |
| &nbsp;&nbsp;&nbsp;&nbsp;240 | Standex International Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37555 |
| &nbsp;&nbsp;1320 | Terex Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61631 |
|  |  | &nbsp;&nbsp;&nbsp;1083985 |
| **Information Technology — 7.7%** | **Information Technology — 7.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;990 | Crane NXT Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53361 |
| &nbsp;&nbsp;1050 | MKS, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104328 |
| &nbsp;&nbsp;1880 | Napco Security Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55817 |
| &nbsp;&nbsp;&nbsp;&nbsp;626 | Onto Innovation, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63182 |
| &nbsp;&nbsp;&nbsp;&nbsp;800 | PC Connection, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52624 |
| &nbsp;&nbsp;3410 | Penguin Solutions, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67552 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396864 |
| **Materials — 4.0%** | **Materials — 4.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;774 | Koppers Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24884 |
| &nbsp;&nbsp;&nbsp;&nbsp;640 | Materion Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50797 |
| &nbsp;&nbsp;4450 | Metallus, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68574 |
| &nbsp;&nbsp;&nbsp;&nbsp;190 | Reliance, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59641 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203896 |
| **Real Estate — 9.1%** | **Real Estate — 9.1%** |  |
| &nbsp;&nbsp;1180 | Agree Realty Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86211 |
| &nbsp;&nbsp;7600 | Chatham Lodging Trust, REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52972 |
| &nbsp;&nbsp;1250 | CubeSmart, REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53125 |
| &nbsp;&nbsp;8400 | DiamondRock Hospitality Co., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64344 |
| &nbsp;&nbsp;&nbsp;&nbsp;460 | EastGroup Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76875 |
| &nbsp;&nbsp;2170 | STAG Industrial, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78728 |
| 11070 | Summit Hotel Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56346 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468601 |

---

------

SCHEDULE OF PORTFOLIO INVESTMENTS

RBC Small Cap Value Fund (cont.)

------

June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
| **Utilities — 3.4%** | **Utilities — 3.4%** |  |
| &nbsp;&nbsp;1450 | Southwest Gas Holdings, Inc. | &nbsp;&nbsp;&nbsp;$107865 |
| &nbsp;&nbsp;1330 | Unitil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69360 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177225 |
| **Total Common Stocks** | **Total Common Stocks** | &nbsp;&nbsp;&nbsp;**5035130** |
| (Cost $5,070,942) | (Cost $5,070,942) |  |
| **Exchange Traded Funds — 1.9%** | **Exchange Traded Funds — 1.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;300 | iShares Russell 2000 Value ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47328 |
| &nbsp;&nbsp;&nbsp;&nbsp;620 | SPDR S&P Biotech ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51417 |
| **Total Exchange Traded Funds** | **Total Exchange Traded Funds** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**98745** |
| (Cost $96,776) | (Cost $96,776) |  |
| **Investment Company — 1.1%** | **Investment Company — 1.1%** |  |
| 54516 | RBC BlueBay U.S. Government Money Market Fund,<br> Institutional Class 1(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54516 |
| **Total Investment Company** | **Total Investment Company** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**54516** |
| (Cost $54,516) | (Cost $54,516) |  |
| **Total Investments** | **Total Investments** | **$5188391** |
| (Cost $5,222,234) — 100.5% | (Cost $5,222,234) — 100.5% |  |
| **Liabilities in excess of other assets — (0.5)%** | **Liabilities in excess of other assets — (0.5)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(26278)** |
| **NET ASSETS — 100.0%** | **NET ASSETS — 100.0%** | **$5162113** |

---

------

\* Non-income producing security. <br> (a) Affiliated investment.

Abbreviations used are defined below: <br> REIT - Real Estate Investment Trust

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** RBC Funds Trust

- **b. Investment Company Act file number:** 811-21475

- **c. CIK number of Registrant:** 0001272950

- **d. LEI of Registrant:** 549300456VUEP58RCU35

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 250 Nicollet Mall

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55401

  - **Telephone number:** 612-376-7000

**Item A.2. Information about the Series.**

- **a. Name of Series:** RBC Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000046780

- **c. LEI of Series:** 549300DR9CEGMXXOZQ57

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $5203340.79

**Total Liabilities:** $41747.23

**Net Assets:** $5161593.56

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000146124 | -4.51%               | 2.44%                | 4.03%                |
| Class ID C000175206 | -4.46%               | 2.48%                | 3.98%                |
| Class ID C000225268 | -4.55%               | 2.42%                | 4.01%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-466381.87              | $-825719.13                                |
| Month 2  | $762624.63               | $107345.72                                 |
| Month 3  | $-13951.30               | $214920.32                                 |

### Schedule of Portfolio Investments

| Name                                        | Title                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BrightView Holdings Inc                     | BrightView Holdings Inc                     | CUSIP: 10948C107<br>LEI: 549300F8QN8YHVI7L866 | Long             | EC               | CORP              | US        |      5710 | NS      | $95071.50     | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Russell 2000 Value ETF              | iShares Russell 2000 Value ETF              | CUSIP: 464287630<br>LEI: 549300WJAJCAZZLTQD63 | Long             | EC               | RF                | US        |       300 | NS      | $47328.00     | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Terex Corp                                  | Terex Corp                                  | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |      1320 | NS      | $61630.80     | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Standex International Corp                  | Standex International Corp                  | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |       240 | NS      | $37555.20     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America I              | Reinsurance Group of America Inc            | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |       410 | NS      | $81327.60     | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Diversified Holdings                | Compass Diversified Holdings                | CUSIP: 20451Q104<br>LEI: 5299001SM1LBYANJRR58 | Long             | EC               | CORP              | US        |      1842 | NS      | $11567.76     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane NXT Co                                | Crane NXT Co                                | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |       990 | NS      | $53361.00     | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Materion Corp                               | Materion Corp                               | CUSIP: 576690101<br>LEI: 549300CJ5RI351SUYT02 | Long             | EC               | CORP              | US        |       640 | NS      | $50796.80     | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrim BanCorp Inc                        | Northrim BanCorp Inc                        | CUSIP: 666762109<br>LEI: 5493006X7RLLTZ3SG075 | Long             | EC               | CORP              | US        |      1190 | NS      | $110979.40    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Steven Madden Ltd                           | Steven Madden Ltd                           | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |       635 | NS      | $15227.30     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties Inc                    | EastGroup Properties Inc                    | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |       460 | NS      | $76875.20     | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| DiamondRock Hospitality Co                  | DiamondRock Hospitality Co                  | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |      8400 | NS      | $64344.00     | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P Biotech ETF                        | SPDR S&P Biotech ETF                        | CUSIP: 78464A870<br>LEI: 549300Y3ODFMPD5XXL58 | Long             | EC               | RF                | US        |       620 | NS      | $51416.60     | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                           | Agree Realty Corp                           | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1180 | NS      | $86210.80     | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Patrick Industries Inc                      | Patrick Industries Inc                      | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |      1105 | NS      | $101958.35    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corp                             | SouthState Corp                             | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |       896 | NS      | $82458.88     | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp                   | Taylor Morrison Home Corp                   | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |      1730 | NS      | $106256.60    | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings Inc                       | Lantheus Holdings Inc                       | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |       950 | NS      | $77767.00     | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc                     | Nexstar Media Group Inc                     | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |       550 | NS      | $95122.50     | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp                     | Magnolia Oil & Gas Corp                     | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3400 | NS      | $76432.00     | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation Inc                         | Onto Innovation Inc                         | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |       626 | NS      | $63182.18     | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co                        | Matador Resources Co                        | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |      1830 | NS      | $87327.60     | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| P10 Inc                                     | P10 Inc                                     | CUSIP: 69376K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3950 | NS      | $40369.00     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC BlueBay US Government Money Market Fund | RBC BlueBay US Government Money Market Fund | CUSIP: 74926P696<br>LEI: 549300RFDC5U7WLJKO50 | Long             | STIV             | RF                | US        |     54516 | NS      | $54516.17     | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Unitil Corp                                 | Unitil Corp                                 | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1330 | NS      | $69359.50     | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicell Inc                                | Omnicell Inc                                | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |      1770 | NS      | $52038.00     | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Seacoast Banking Corp of Flori              | Seacoast Banking Corp of Florida            | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |      2930 | NS      | $80926.60     | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners In              | Pinnacle Financial Partners Inc             | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |      1460 | NS      | $161198.60    | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Stock Yards Bancorp Inc                     | Stock Yards Bancorp Inc                     | CUSIP: 861025104<br>LEI: 549300YERP9H5TDIQW16 | Long             | EC               | CORP              | US        |      1520 | NS      | $120049.60    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corp                         | WSFS Financial Corp                         | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |      1950 | NS      | $107250.00    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory Inc/The                  | Cheesecake Factory Inc/The                  | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |      2850 | NS      | $178581.00    | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Dynamics Inc                        | Douglas Dynamics Inc                        | CUSIP: 25960R105<br>LEI: 529900CDFLKNQ0QT6580 | Long             | EC               | CORP              | US        |      2310 | NS      | $68075.70     | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services C              | Stewart Information Services Corp           | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |      1130 | NS      | $73563.00     | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| QCR Holdings Inc                            | QCR Holdings Inc                            | CUSIP: 74727A104<br>LEI: 549300MWKWM7KWJVQO33 | Long             | EC               | CORP              | US        |      1270 | NS      | $86233.00     | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| John B Sanfilippo & Son Inc                 | John B Sanfilippo & Son Inc                 | CUSIP: 800422107<br>LEI: 5299007IBEYVXKYDUX28 | Long             | EC               | CORP              | US        |       340 | NS      | $21501.60     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| PC Connection Inc                           | PC Connection Inc                           | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |       800 | NS      | $52624.00     | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| G-III Apparel Group Ltd                     | G-III Apparel Group Ltd                     | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |       790 | NS      | $17696.00     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                                  | Arcosa Inc                                  | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |      1220 | NS      | $105786.20    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                               | MYR Group Inc                               | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |       210 | NS      | $38104.50     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group Inc/O              | American Financial Group Inc/OH             | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |       170 | NS      | $21455.70     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| TreeHouse Foods Inc                         | TreeHouse Foods Inc                         | CUSIP: 89469A104<br>LEI: 5493007M7EVHE470Q576 | Long             | EC               | CORP              | US        |      3110 | NS      | $60396.20     | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ducommun Inc                                | Ducommun Inc                                | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |      1526 | NS      | $126093.38    | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Inc                                     | MKS Inc                                     | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |      1050 | NS      | $104328.00    | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Genesco Inc                                 | Genesco Inc                                 | CUSIP: 371532102<br>LEI: 549300VY2Q511P1K5P56 | Long             | EC               | CORP              | US        |      1930 | NS      | $38001.70     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERISAFE Inc                               | AMERISAFE Inc                               | CUSIP: 03071H100<br>LEI: 2549002B4EXPBLGMNN22 | Long             | EC               | CORP              | US        |       390 | NS      | $17054.70     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CBIZ Inc                                    | CBIZ Inc                                    | CUSIP: 124805102<br>LEI: 529900D5X8CFM8O1N813 | Long             | EC               | CORP              | US        |       950 | NS      | $68124.50     | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Water Solutions Inc                  | Select Water Solutions Inc                  | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |      3850 | NS      | $33264.00     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus Inc                                  | Cactus Inc                                  | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |       740 | NS      | $32352.80     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Koppers Holdings Inc                        | Koppers Holdings Inc                        | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       774 | NS      | $24884.10     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrett Business Services Inc               | Barrett Business Services Inc               | CUSIP: 068463108<br>LEI: 529900HXB6TMG0SR9Y34 | Long             | EC               | CORP              | US        |      3590 | NS      | $149667.10    | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Bowman Consulting Group Ltd                 | Bowman Consulting Group Ltd                 | CUSIP: 103002101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1240 | NS      | $35650.00     | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Summit Hotel Properties Inc                 | Summit Hotel Properties Inc                 | CUSIP: 866082100<br>LEI: 254900OBQWJK6X20LS71 | Long             | EC               | CORP              | US        |     11070 | NS      | $56346.30     | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Napco Security Technologies In              | Napco Security Technologies Inc             | CUSIP: 630402105<br>LEI: 529900KV21J4YY9YST76 | Long             | EC               | CORP              | US        |      1880 | NS      | $55817.20     | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc                   | Merit Medical Systems Inc                   | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |       920 | NS      | $86001.60     | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Astrana Health Inc                          | Astrana Health Inc                          | CUSIP: 03763A207<br>LEI: 5493008O4R82Q4STJ936 | Long             | EC               | CORP              | US        |      1630 | NS      | $40554.40     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Preferred Bank/Los Angeles CA               | Preferred Bank/Los Angeles CA               | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |       890 | NS      | $77025.05     | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical Inc                          | Globus Medical Inc                          | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |      1240 | NS      | $73184.80     | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Chatham Lodging Trust                       | Chatham Lodging Trust                       | CUSIP: 16208T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7600 | NS      | $52972.00     | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Penguin Solutions Inc                       | Penguin Solutions Inc                       | CUSIP: 000000000<br>LEI: 529900RDGHQY8XKXPN14 | Long             | EC               | CORP              | US        |      3410 | NS      | $67552.10     | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercantile Bank Corp                        | Mercantile Bank Corp                        | CUSIP: 587376104<br>LEI: P16VZZCKTJ5IONL6XE37 | Long             | EC               | CORP              | US        |      2297 | NS      | $106603.77    | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Metallus Inc                                | Metallus Inc                                | CUSIP: 887399103<br>LEI: 549300QZTZWHDE9HJL14 | Long             | EC               | CORP              | US        |      4450 | NS      | $68574.50     | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc                  | Southwest Gas Holdings Inc                  | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |      1450 | NS      | $107865.50    | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corp                     | Wintrust Financial Corp                     | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |      1090 | NS      | $135138.20    | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive Inc                      | Group 1 Automotive Inc                      | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |       260 | NS      | $113544.60    | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial Inc                         | STAG Industrial Inc                         | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |      2170 | NS      | $78727.60     | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Insteel Industries Inc                      | Insteel Industries Inc                      | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |      1180 | NS      | $43907.80     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Inc                                | Reliance Inc                                | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |       190 | NS      | $59641.00     | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                   | CubeSmart                                   | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1250 | NS      | $53125.00     | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenbrier Cos Inc/The                      | Greenbrier Cos Inc/The                      | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |      1248 | NS      | $57470.40     | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Addus HomeCare Corp                         | Addus HomeCare Corp                         | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |       530 | NS      | $61050.70     | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc                                    | Moog Inc                                    | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |       370 | NS      | $66958.90     | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp PLC                   | Gates Industrial Corp PLC                   | CUSIP: 000000000<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | US        |      5640 | NS      | $129889.20    | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphastar Pharmaceuticals Inc               | Amphastar Pharmaceuticals Inc               | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |       410 | NS      | $9413.60      | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Industries Inc                       | Oxford Industries Inc                       | CUSIP: 691497309<br>LEI: IDZ20O0XD3GS4UOI2L88 | Long             | EC               | CORP              | US        |       340 | NS      | $13685.00     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** RBC Funds Trust

**Signature:** Kathy Hegna

**Name of Signer:** Kathy Hegna

**Title:** Treasurer and Chief Financial Officer - RBC Funds, and Director of Mutual Fund Services | RBC Global Asset Management (U.S.) Inc.