# EDGAR Filing Document

**Accession Number:** 0001272950
**File Stem:** 0001752724-23-049556
**Filing Date:** 2023-3
**Character Count:** 17235
**Document Hash:** 3a693370a5e097418c5cd8db765e785b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-049556.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-049556

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RBC FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001272950
- **IRS NUMBER:** 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:** 23691118

**BUSINESS ADDRESS:**
- **STREET 1:** 50 SOUTH SIXTH STREET
- **STREET 2:** SUITE 2350
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402
- **BUSINESS PHONE:** 612-313-1341

**MAIL ADDRESS:**
- **STREET 1:** 50 SOUTH SIXTH STREET
- **STREET 2:** SUITE 2350
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402

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

## Series and Classes Contracts Data

### RBC Global Equity Leaders Fund (Series ID: S000074755)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000232918 | Class I      | RGLIX           |
| C000232919 | Class A      | RGELX           |
| C000232920 | Class R6     | RGRLX           |

## Nport-Ex

SCHEDULE OF PORTFOLIO INVESTMENTS

RBC Global Equity Leaders Fund

------

**December 31, 2022 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| Shares |  | **Value** |
|  **Common Stocks — 100.36%** | **Common Stocks — 100.36%** |  |
|  **Belgium — 6.07%** | **Belgium — 6.07%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3957 | Anheuser-Busch InBev NV | $238334 |
|  **Denmark — 1.17%** | **Denmark — 1.17%** |  |
| 508 | Orsted A/S(a) | 45926 |
|  **Germany — 3.43%** | **Germany — 3.43%** |  |
| 3601 | Deutsche Post AG | 134773 |
|  **Hong Kong — 3.92%** | **Hong Kong — 3.92%** |  |
| 13931 | AIA Group Ltd. | 153846 |
|  **Japan — 1.84%** | **Japan — 1.84%** |  |
| 1403 | Nidec Corp. | 72197 |
|  **Netherlands — 1.17%** | **Netherlands — 1.17%** |  |
| 33 | Adyen NV\*,(a) | 45812 |
|  **Norway —2.91%** | **Norway —2.91%** |  |
| 3184 | Equinor ASA | 114434 |
|  **Singapore — 2.16%** | **Singapore — 2.16%** |  |
| 3359 | DBS Group Holdings Ltd. | 85022 |
|  **Taiwan — 4.06%** | **Taiwan — 4.06%** |  |
| 2141 | Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 159483 |
|  **United States — 73.63%** | **United States — 73.63%** |  |
| 1900 | Alphabet, Inc., Class A\* | 167637 |
| 1224 | Amazon.com, Inc.\* | 102816 |
| 748 | Blackstone, Inc. | 55494 |
| 2063 | Charles Schwab Corp. (The) | 171765 |
| 5192 | CSX Corp. | 160848 |
| 609 | Danaher Corp. | 161641 |
| 363 | Deere & Co. | 155640 |
| 762 | EOG Resources, Inc. | 98694 |
| 850 | Estee Lauder Cos, Inc. (The), Class A | 210894 |
| 981 | Microsoft Corp. | 235263 |
| 1170 | Morgan Stanley | 99473 |
| 682 | NVIDIA Corp. | 99667 |
| 1275 | PepsiCo, Inc. | 230342 |
| 680 | Prologis, Inc., REIT | 76656 |
| 596 | Roche Holding AG | 187286 |
| 2770 | TJX Cos, Inc. (The)  | 220492 |

---

**1** 

------

SCHEDULE OF PORTFOLIO INVESTMENTS

RBC Global Equity Leaders Fund (cont.)

------

**December 31, 2022 (Unaudited)** 

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1618 | T-Mobile US, Inc.\* | $226520 |
| 436 | UnitedHealth Group, Inc. | 231159 |
|  |  | 2892287 |
|  **Total Common Stocks**<br> (Cost $4,666,465) | **Total Common Stocks**<br> (Cost $4,666,465) | **3942114** |
|  **Investment Company — 0.96%** | **Investment Company — 0.96%** |  |
| 37573 | U.S. Government Money Market Fund, RBC Institutional Class 1 (b) | 37573 |
|  **Total Investment Company**<br> (Cost $37,573) | **Total Investment Company**<br> (Cost $37,573) | **37573** |
|  **Total Investments**<br> (Cost $4,704,038) — 101.32% | **Total Investments**<br> (Cost $4,704,038) — 101.32% | $**3979687** |
|  **Liabilities in excess of other assets — (1.32)%** | **Liabilities in excess of other assets — (1.32)%** | **(51738)** |
|  **NET ASSETS — 100.00%** | **NET ASSETS — 100.00%** | $**3927949** |

---

------

\* Non-income producing security.

(a) Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933, as
amended. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

(b) Affiliated investment.

Abbreviations used are defined below:

ADR - American Depositary Receipt

REIT - Real Estate Investment Trust

**2** 

------

SCHEDULE OF PORTFOLIO INVESTMENTS

RBC Global Equity Leaders Fund (cont.)

------

**December 31, 2022 (Unaudited)** 

Portfolio Diversification (Unaudited)

---

| | |
|:---|:---|
| Industries | Percentage<br>of Net Assets |
|  Consumer Staples | 17.30% |
|  Health Care | 14.77% |
|  Financials | 14.40% |
|  Information Technology | 13.75% |
|  Industrials | 13.33% |
|  Communication Services | 10.03% |
|  Consumer Discretionary | 8.23% |
|  Energy | 5.43% |
|  Real Estate | 1.95% |
|  Utilities | 1.17% |
|  Other\* | (0.36)% |
|  | 100.00% |

---

------

\* Includes cash, Investment Company, interest and dividend receivable, pending trades and Fund share transactions, and accrued expenses payable.

**3**

## 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:** 50 South Sixth Street

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55402

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

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

- **a. Name of Series:** RBC Global Equity Leaders Fund

- **b. EDGAR series identifier (if any):** S000074755

- **c. LEI of Series:** 549300K1BJ5M88T9QJ95

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

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-30

**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:** $4006249.80

**Total Liabilities:** $78303.73

**Net Assets:** $3927946.07

**Cash Not Reported:** $1664.04

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000232919 | 5.28%                | 8.58%                | -4.75%               |
| Class ID C000232918 | 5.27%                | 8.70%                | -4.72%               |
| Class ID C000232920 | 5.41%                | 8.68%                | -4.79%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-86859.60               | $277461.51                                 |
| Month 2  | $21184.06                | $304334.54                                 |
| Month 3  | $-48740.98               | $-150687.70                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| UnitedHealth Group Inc          | UnitedHealth Group Inc                    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |       436 | NS      | $231158.48    | 5.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                | Roche Holding AG                          | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |       596 | NS      | $187285.58    | 4.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Adyen NV                        | Adyen NV                                  | CUSIP: 000000000<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |        33 | NS      | $45812.25     | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| EOG Resources Inc               | EOG Resources Inc                         | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |       762 | NS      | $98694.24     | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                  | Blackstone Inc                            | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |       748 | NS      | $55494.12     | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                 | T-Mobile US Inc                           | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      1618 | NS      | $226520.00    | 5.77%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                        | CSX Corp                                  | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |      5192 | NS      | $160848.16    | 4.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                    | Prologis Inc                              | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |       680 | NS      | $76656.40     | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The         | Charles Schwab Corp/The                   | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      2063 | NS      | $171765.38    | 4.37%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                            | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      2141 | NS      | $159483.09    | 4.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                     | PepsiCo Inc                               | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      1275 | NS      | $230341.50    | 5.86%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                 | TJX Cos Inc/The                           | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      2770 | NS      | $220492.00    | 5.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                  | Morgan Stanley                            | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      1170 | NS      | $99473.40     | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Anheuser-Busch InBev SA/NV      | Anheuser-Busch InBev SA/NV                | CUSIP: 000000000<br>LEI: 5493008H3828EMEXB082 | Long             | EC               | CORP              | BE        |      3957 | NS      | $238333.94    | 6.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Microsoft Corp                  | Microsoft Corp                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       981 | NS      | $235263.42    | 5.99%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd                   | AIA Group Ltd                             | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |     13931 | NS      | $153845.49    | 3.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Estee Lauder Cos Inc/The        | Estee Lauder Cos Inc/The                  | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |       850 | NS      | $210893.50    | 5.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                      | Deere & Co                                | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |       363 | NS      | $155639.88    | 3.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                    | Alphabet Inc                              | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      1900 | NS      | $167637.00    | 4.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinor ASA                     | Equinor ASA                               | CUSIP: 000000000<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | EC               | CORP              | NO        |      3184 | NS      | $114433.84    | 2.91%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd          | DBS Group Holdings Ltd                    | CUSIP: 000000000<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |      3359 | NS      | $85021.68     | 2.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Post AG                | Deutsche Post AG                          | CUSIP: 000000000<br>LEI: 8ER8GIG7CSMVD8VUFE78 | Long             | EC               | CORP              | DE        |      3601 | NS      | $134773.45    | 3.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Nidec Corp                      | Nidec Corp                                | CUSIP: 000000000<br>LEI: 353800IF171MZTNL6Y31 | Long             | EC               | CORP              | JP        |      1403 | NS      | $72197.19     | 1.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Amazon.com Inc                  | Amazon.com Inc                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      1224 | NS      | $102816.00    | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                     | NVIDIA Corp                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |       682 | NS      | $99667.48     | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Orsted AS                       | Orsted AS                                 | CUSIP: 000000000<br>LEI: W9NG6WMZIYEU8VEDOG48 | Long             | EC               | CORP              | DK        |       508 | NS      | $45926.07     | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| US Government Money Market Fund | US Government Money Market Fund           | CUSIP: 74926P696<br>LEI: 549300RFDC5U7WLJKO50 | Long             | STIV             | RF                | US        |     35895 | NS      | $35894.73     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                    | Danaher Corp                              | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |       609 | NS      | $161640.78    | 4.12%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**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.