# EDGAR Filing Document

**Accession Number:** 0001272950
**File Stem:** 0001752724-25-202216
**Filing Date:** 2025-8
**Character Count:** 35701
**Document Hash:** 423b6cf0b33e5bf92855b4a653a82ff8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-202216.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001752724-25-202216

**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:** 251250305

**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 Core Fund (Series ID: S000001812)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000004742 | A Shares     | TEEAX           |
| C000004745 | I Shares     | RCSIX           |
| C000175205 | Class R6     | RBRCX           |

## Nport-Ex

SCHEDULE OF PORTFOLIO INVESTMENTS

RBC Small Cap Core Fund

------

June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
| **Common Stocks — 95.9%** | **Common Stocks — 95.9%** |  |
| **Communication Services — 2.0%** | **Communication Services — 2.0%** |  |
| &nbsp;&nbsp;3744 | Nexstar Media Group, Inc. | &nbsp;&nbsp;&nbsp;$647525 |
| **Consumer Discretionary — 14.0%** | **Consumer Discretionary — 14.0%** |  |
| &nbsp;&nbsp;1050 | Cavco Industries, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456152 |
| 10290 | Cheesecake Factory, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;644771 |
| &nbsp;&nbsp;2696 | Deckers Outdoor Corp.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277877 |
| 12943 | G-III Apparel Group Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289923 |
| &nbsp;&nbsp;2120 | Group 1 Automotive, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;925825 |
| &nbsp;&nbsp;2520 | Oxford Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101430 |
| 10276 | Patrick Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;948167 |
| 15910 | Taylor Morrison Home Corp.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;977192 |
|  |  | &nbsp;&nbsp;&nbsp;4621337 |
| **Consumer Staples — 0.5%** | **Consumer Staples — 0.5%** |  |
| &nbsp;&nbsp;2650 | John B Sanfilippo & Son, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167586 |
| **Energy — 3.1%** | **Energy — 3.1%** |  |
| &nbsp;&nbsp;4480 | Cactus, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195866 |
| 14126 | Magnolia Oil & Gas Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317552 |
| &nbsp;&nbsp;6380 | Matador Resources Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304454 |
| 24650 | Select Water Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212976 |
|  |  | &nbsp;&nbsp;&nbsp;1030848 |
| **Financials — 15.1%** | **Financials — 15.1%** |  |
| 22882 | Compass Diversified Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143699 |
| &nbsp;&nbsp;5090 | Esquire Financial Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481819 |
| 26080 | P10, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266538 |
| &nbsp;&nbsp;7420 | Pinnacle Financial Partners, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819242 |
| &nbsp;&nbsp;5254 | Preferred Bank/Los Angeles, CA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454708 |
| &nbsp;&nbsp;8020 | QCR Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544558 |
| &nbsp;&nbsp;4934 | SouthState Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454076 |
| &nbsp;&nbsp;7790 | Stewart Information Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;507129 |
| &nbsp;&nbsp;5930 | Wintrust Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735201 |
| 10400 | WSFS Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;572000 |
|  |  | &nbsp;&nbsp;&nbsp;4978970 |
| **Health Care — 11.0%** | **Health Care — 11.0%** |  |
| 20991 | Astrana Health, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522256 |
| 10154 | Globus Medical, Inc., Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;599289 |
| 10896 | Lantheus Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;891946 |
| &nbsp;&nbsp;3053 | Masimo Corp.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;513576 |
| 68280 | MiMedx Group, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417191 |
| 14410 | Pennant Group, Inc. (The)\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430138 |
| &nbsp;&nbsp;1251 | West Pharmaceutical Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273719 |
|  |  | &nbsp;&nbsp;&nbsp;3648115 |

---

------

SCHEDULE OF PORTFOLIO INVESTMENTS

RBC Small Cap Core Fund (cont.)

------

June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
| **Industrials — 21.8%** | **Industrials — 21.8%** |  |
| &nbsp;&nbsp;7370 | Arcosa, Inc. | &nbsp;&nbsp;&nbsp;$639053 |
| 24080 | Barrett Business Services, Inc. | &nbsp;&nbsp;&nbsp;1003895 |
| 49480 | BrightView Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;823842 |
| &nbsp;&nbsp;7476 | CBIZ, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;536104 |
| 17313 | Ducommun, Inc.\* | &nbsp;&nbsp;&nbsp;1430572 |
| 11920 | Enerpac Tool Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;483475 |
| 16020 | Gates Industrial Corp. Plc\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368941 |
| &nbsp;&nbsp;8625 | Greenbrier Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397181 |
| &nbsp;&nbsp;8250 | Insteel Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306982 |
| &nbsp;&nbsp;2310 | Moog, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418041 |
| &nbsp;&nbsp;2120 | Standex International Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;331738 |
| 16120 | Thermon Group Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452649 |
|  |  | &nbsp;&nbsp;&nbsp;7192473 |
| **Information Technology — 16.9%** | **Information Technology — 16.9%** |  |
| &nbsp;&nbsp;4463 | Ambarella, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294848 |
| 13560 | Cohu, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260894 |
| 10300 | Crane NXT Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555170 |
| &nbsp;&nbsp;4760 | InterDigital, Inc. | &nbsp;&nbsp;&nbsp;1067335 |
| &nbsp;&nbsp;7924 | MKS, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;787329 |
| 10300 | Napco Security Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305807 |
| &nbsp;&nbsp;3436 | Novanta, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;443004 |
| &nbsp;&nbsp;4571 | Onto Innovation, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461351 |
| &nbsp;&nbsp;5080 | PC Connection, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334162 |
| 19520 | Penguin Solutions, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386691 |
| 11729 | Sapiens International Corp. NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343073 |
| 10070 | Tenable Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340165 |
|  |  | &nbsp;&nbsp;&nbsp;5579829 |
| **Materials — 3.2%** | **Materials — 3.2%** |  |
| &nbsp;&nbsp;7211 | Koppers Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231834 |
| &nbsp;&nbsp;3340 | Materion Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265096 |
| 20450 | Metallus, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315134 |
| &nbsp;&nbsp;7330 | Olympic Steel, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238885 |
|  |  | &nbsp;&nbsp;&nbsp;1050949 |
| **Real Estate — 5.3%** | **Real Estate — 5.3%** |  |
| &nbsp;&nbsp;7400 | Agree Realty Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540644 |
| 30560 | DiamondRock Hospitality Co., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234089 |
| &nbsp;&nbsp;2850 | EastGroup Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476292 |
| 14188 | STAG Industrial, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514741 |
|  |  | &nbsp;&nbsp;&nbsp;1765766 |

---

------

SCHEDULE OF PORTFOLIO INVESTMENTS

RBC Small Cap Core Fund (cont.)

------

June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
| **Utilities — 3.0%** | **Utilities — 3.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7660 | Southwest Gas Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;$569827 |
| &nbsp;&nbsp;&nbsp;&nbsp;7810 | Unitil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407292 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;977119 |
| **Total Common Stocks** | **Total Common Stocks** | &nbsp;&nbsp;&nbsp;**31660517** |
| (Cost $22,413,075) | (Cost $22,413,075) |  |
| **Exchange Traded Funds — 3.9%** | **Exchange Traded Funds — 3.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3098 | iShares Russell 2000 Index Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668518 |
| &nbsp;&nbsp;&nbsp;&nbsp;7380 | SPDR S&P Biotech ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612023 |
| **Total Exchange Traded Funds** | **Total Exchange Traded Funds** | &nbsp;&nbsp;&nbsp;&nbsp;**1280541** |
| (Cost $1,476,862) | (Cost $1,476,862) |  |
| **Investment Company — 1.1%** | **Investment Company — 1.1%** |  |
| 347431 | RBC BlueBay U.S. Government Money Market Fund,<br> Institutional Class 1(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347431 |
| **Total Investment Company** | **Total Investment Company** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**347431** |
| (Cost $347,431) | (Cost $347,431) |  |
| **Total Investments** | **Total Investments** | **$33288489** |
| (Cost $24,237,368) — 100.9% | (Cost $24,237,368) — 100.9% |  |
| **Liabilities in excess of other assets — (0.9)%** | **Liabilities in excess of other assets — (0.9)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(297591)** |
| **NET ASSETS — 100.0%** | **NET ASSETS — 100.0%** | **$32990898** |

---

------

\* 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 Core Fund

- **b. EDGAR series identifier (if any):** S000001812

- **c. LEI of Series:** 549300S2F1QNS896DF88

**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:** $33324082.99

**Total Liabilities:** $51304.59

**Net Assets:** $33272778.40

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000004745 | -4.15%               | 1.25%                | 4.19%                |
| Class ID C000004742 | -4.20%               | 1.22%                | 4.23%                |
| Class ID C000175205 | -4.19%               | 1.32%                | 4.24%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $388687.86               | $-1806159.83                               |
| Month 2  | $48844.49                | $348791.10                                 |
| Month 3  | $188959.21               | $1157808.94                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Enerpac Tool Group Corp                     | Enerpac Tool Group Corp                     | CUSIP: 292765104<br>LEI: IZW37BPZKUJE1QXGB081 | Long             | EC               | CORP              | US        |     11920 | NS      | $483475.20    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambarella Inc                               | Ambarella Inc                               | CUSIP: 000000000<br>LEI: 254900XN7F4DG0CEKC02 | Long             | EC               | CORP              | US        |      4463 | NS      | $294848.10    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| G-III Apparel Group Ltd                     | G-III Apparel Group Ltd                     | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |     12943 | NS      | $289923.20    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Masimo Corp                                 | Masimo Corp                                 | CUSIP: 574795100<br>LEI: 549300Q4A8JK0PIYCU29 | Long             | EC               | CORP              | US        |      3053 | NS      | $513575.66    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermon Group Holdings Inc                  | Thermon Group Holdings Inc                  | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |     16120 | NS      | $452649.60    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Unitil Corp                                 | Unitil Corp                                 | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7810 | NS      | $407291.50    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties Inc                    | EastGroup Properties Inc                    | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |      2850 | NS      | $476292.00    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Ducommun Inc                                | Ducommun Inc                                | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |     17313 | NS      | $1430573.19   | 4.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohu Inc                                    | Cohu Inc                                    | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |     13560 | NS      | $260894.40    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Astrana Health Inc                          | Astrana Health Inc                          | CUSIP: 03763A207<br>LEI: 5493008O4R82Q4STJ936 | Long             | EC               | CORP              | US        |     20991 | NS      | $522256.08    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenable Holdings Inc                        | Tenable Holdings Inc                        | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |     10070 | NS      | $340164.60    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                           | Agree Realty Corp                           | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7400 | NS      | $540644.00    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Insteel Industries Inc                      | Insteel Industries Inc                      | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |      8250 | NS      | $306982.50    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp                        | Deckers Outdoor Corp                        | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |      2696 | NS      | $277876.72    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corp                             | SouthState Corp                             | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |      4934 | NS      | $454076.02    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial Inc                         | STAG Industrial Inc                         | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     14188 | NS      | $514740.64    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc                     | Nexstar Media Group Inc                     | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |      3744 | NS      | $647524.80    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P Biotech ETF                        | SPDR S&P Biotech ETF                        | CUSIP: 78464A870<br>LEI: 549300Y3ODFMPD5XXL58 | Long             | EC               | RF                | US        |      7380 | NS      | $612023.40    | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Patrick Industries Inc                      | Patrick Industries Inc                      | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |     10276 | NS      | $948166.52    | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Materion Corp                               | Materion Corp                               | CUSIP: 576690101<br>LEI: 549300CJ5RI351SUYT02 | Long             | EC               | CORP              | US        |      3340 | NS      | $265095.80    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc                  | Southwest Gas Holdings Inc                  | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |      7660 | NS      | $569827.40    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings Inc                       | Lantheus Holdings Inc                       | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |     10896 | NS      | $891946.56    | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Sapiens International Corp NV               | Sapiens International Corp NV               | CUSIP: 000000000<br>LEI: 2549009P4ZS02GC5QV68 | Long             | EC               | CORP              | IL        |     11729 | NS      | $343073.25    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Russell 2000 ETF                    | iShares Russell 2000 ETF                    | CUSIP: 464287655<br>LEI: 549300O80OAR5VTWR172 | Long             | EC               | RF                | US        |      3098 | NS      | $668517.42    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries Inc                        | Cavco Industries Inc                        | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1050 | NS      | $456151.50    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                                  | Arcosa Inc                                  | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |      7370 | NS      | $639052.70    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Standex International Corp                  | Standex International Corp                  | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |      2120 | NS      | $331737.60    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus Inc                                  | Cactus Inc                                  | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |      4480 | NS      | $195865.60    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation Inc                         | Onto Innovation Inc                         | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |      4571 | NS      | $461351.03    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| P10 Inc                                     | P10 Inc                                     | CUSIP: 69376K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26080 | NS      | $266537.60    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital Inc                            | InterDigital Inc                            | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4760 | NS      | $1067334.80   | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp PLC                   | Gates Industrial Corp PLC                   | CUSIP: 000000000<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | US        |     16020 | NS      | $368940.60    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane NXT Co                                | Crane NXT Co                                | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |     10300 | NS      | $555170.00    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Koppers Holdings Inc                        | Koppers Holdings Inc                        | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7211 | NS      | $231833.65    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Penguin Solutions Inc                       | Penguin Solutions Inc                       | CUSIP: 000000000<br>LEI: 529900RDGHQY8XKXPN14 | Long             | EC               | CORP              | US        |     19520 | NS      | $386691.20    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| PC Connection Inc                           | PC Connection Inc                           | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |      5080 | NS      | $334162.40    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory Inc/The                  | Cheesecake Factory Inc/The                  | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |     10290 | NS      | $644771.40    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Metallus Inc                                | Metallus Inc                                | CUSIP: 887399103<br>LEI: 549300QZTZWHDE9HJL14 | Long             | EC               | CORP              | US        |     20450 | NS      | $315134.50    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CBIZ Inc                                    | CBIZ Inc                                    | CUSIP: 124805102<br>LEI: 529900D5X8CFM8O1N813 | Long             | EC               | CORP              | US        |      7476 | NS      | $536103.96    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corp                     | Wintrust Financial Corp                     | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |      5930 | NS      | $735201.40    | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Pennant Group Inc/The                       | Pennant Group Inc/The                       | CUSIP: 70805E109<br>LEI: 5493007H2OYR6BYLDA64 | Long             | EC               | CORP              | US        |     14410 | NS      | $430138.50    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenbrier Cos Inc/The                      | Greenbrier Cos Inc/The                      | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |      8625 | NS      | $397181.25    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp                     | Magnolia Oil & Gas Corp                     | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14126 | NS      | $317552.48    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrett Business Services Inc               | Barrett Business Services Inc               | CUSIP: 068463108<br>LEI: 529900HXB6TMG0SR9Y34 | Long             | EC               | CORP              | US        |     24080 | NS      | $1003895.20   | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Novanta Inc                                 | Novanta Inc                                 | CUSIP: 67000B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3436 | NS      | $443003.48    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners In              | Pinnacle Financial Partners Inc             | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |      7420 | NS      | $819242.20    | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services I              | West Pharmaceutical Services Inc            | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |      1251 | NS      | $273718.80    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp                   | Taylor Morrison Home Corp                   | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     15910 | NS      | $977192.20    | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Water Solutions Inc                  | Select Water Solutions Inc                  | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |     24650 | NS      | $212976.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services C              | Stewart Information Services Corp           | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |      7790 | NS      | $507129.00    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Inc                                     | MKS Inc                                     | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |      7924 | NS      | $787328.64    | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corp                         | WSFS Financial Corp                         | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |     10400 | NS      | $572000.00    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| John B Sanfilippo & Son Inc                 | John B Sanfilippo & Son Inc                 | CUSIP: 800422107<br>LEI: 5299007IBEYVXKYDUX28 | Long             | EC               | CORP              | US        |      2650 | NS      | $167586.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightView Holdings Inc                     | BrightView Holdings Inc                     | CUSIP: 10948C107<br>LEI: 549300F8QN8YHVI7L866 | Long             | EC               | CORP              | US        |     49480 | NS      | $823842.00    | 2.48%             |  |  |  | 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        |    347431 | NS      | $347430.60    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive Inc                      | Group 1 Automotive Inc                      | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |      2120 | NS      | $925825.20    | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Industries Inc                       | Oxford Industries Inc                       | CUSIP: 691497309<br>LEI: IDZ20O0XD3GS4UOI2L88 | Long             | EC               | CORP              | US        |      2520 | NS      | $101430.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc                                    | Moog Inc                                    | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |      2310 | NS      | $418040.70    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical Inc                          | Globus Medical Inc                          | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |     10154 | NS      | $599289.08    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| QCR Holdings Inc                            | QCR Holdings Inc                            | CUSIP: 74727A104<br>LEI: 549300MWKWM7KWJVQO33 | Long             | EC               | CORP              | US        |      8020 | NS      | $544558.00    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| MiMedx Group Inc                            | MiMedx Group Inc                            | CUSIP: 602496101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68280 | NS      | $417190.80    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Olympic Steel Inc                           | Olympic Steel Inc                           | CUSIP: 68162K106<br>LEI: 549300GQ061U6N6KWJ49 | Long             | EC               | CORP              | US        |      7330 | NS      | $238884.70    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Diversified Holdings                | Compass Diversified Holdings                | CUSIP: 20451Q104<br>LEI: 5299001SM1LBYANJRR58 | Long             | EC               | CORP              | US        |     22882 | NS      | $143698.96    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| DiamondRock Hospitality Co                  | DiamondRock Hospitality Co                  | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |     30560 | NS      | $234089.60    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Esquire Financial Holdings Inc              | Esquire Financial Holdings Inc              | CUSIP: 29667J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5090 | NS      | $481819.40    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Preferred Bank/Los Angeles CA               | Preferred Bank/Los Angeles CA               | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |      5254 | NS      | $454707.43    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Napco Security Technologies In              | Napco Security Technologies Inc             | CUSIP: 630402105<br>LEI: 529900KV21J4YY9YST76 | Long             | EC               | CORP              | US        |     10300 | NS      | $305807.00    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co                        | Matador Resources Co                        | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |      6380 | NS      | $304453.60    | 0.92%             |  |  |  | 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.