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            <principalLei>54930052Y1FH4FTCFW93</principalLei>
            <principalStateCountry principalState="US-DE" principalCountry="US"/>
            <principalTotalPurchaseSale>99044408.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>GOLDMAN SACHS &amp; CO. LLC</principalName>
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            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>185850.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>J.P. Morgan Securities LLC</principalName>
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            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>24000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>NATIONAL FINANCIAL SERVICES LLC</principalName>
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            <principalCrdNo>000013041</principalCrdNo>
            <principalLei>549300JRHF1MHHWUAW04</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>172108.00000000</principalTotalPurchaseSale>
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        </principalTransactions>
        <principalAggregatePurchase>99426366.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>81120616.00000000</mnthlyAvgNetAssets>
        <dailyAvgNetAssets>0.00000000</dailyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>500000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="U.S. Bank, N.A."/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="RBC Impact Bond Fund" secFileNo="811-21475"/>
                <creditUser fundName="Access Capital Community Investment Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Microcap Value Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Short Duration Fixed Income Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC SMID Cap Growth Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Small Cap Value Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Ultra-Short Fixed Income Fund" secFileNo="811-21475"/>
                <creditUser fundName="U.S. Government Money Market Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Enterprise Fund" secFileNo="811-21475"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>RBC BlueBay High Yield Bond Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000033481</mgmtInvSeriesId>
        <mgmtInvLei>549300R60UYQ0PTUI721</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>2</numAuthorizedClass>
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        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class A" sharesOutstandingClassId="C000102921" sharesOutstandingTickerSymbol="RHYAX"/>
          <sharesOutstanding sharesOutstandingClassName="Class I" sharesOutstandingClassId="C000102922" sharesOutstandingTickerSymbol="RGHYX"/>
        </sharesOutstandings>
        <fundType>N/A</fundType>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>N/A</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 22d-1 (17 CFR 270.22d-1)</relyOnRuleType>
          <relyOnRuleType>Rule 10f-3 (17 CFR 270.10f-3)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>Y</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>RBC Global Asset Management (US) Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-20303</investmentAdviserFileNo>
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            <investmentAdviserLei>5493001UKNGG52025J43</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-MN" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <subAdvisers>
          <subAdviser>
            <subAdviserName>BlueBay Asset Management USA LLC</subAdviserName>
            <subAdviserFileNo>801-77361</subAdviserFileNo>
            <subAdviserCrdNo>000164530</subAdviserCrdNo>
            <subAdviserLei>N/A</subAdviserLei>
            <isSubAdviserAffiliated>Y</isSubAdviserAffiliated>
            <subAdviserStateCountry subAdviserState="US-CT" subAdviserCountry="US"/>
            <isSubAdviserHired>N</isSubAdviserHired>
          </subAdviser>
          <subAdviser>
            <subAdviserName>BLUEBAY ASSET MANAGEMENT LLP</subAdviserName>
            <subAdviserFileNo>801-61494</subAdviserFileNo>
            <subAdviserCrdNo>000122793</subAdviserCrdNo>
            <subAdviserLei>0XNERYKNM1SJ16DXK809</subAdviserLei>
            <isSubAdviserAffiliated>Y</isSubAdviserAffiliated>
            <subAdviserCountry>GB</subAdviserCountry>
            <isSubAdviserHired>N</isSubAdviserHired>
          </subAdviser>
        </subAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>U.S. Bank Global Fund Services</transferAgentName>
            <transferAgentFileNo>085-11357</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-WI" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>IHS Markit Ltd.</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceCountry>BM</pricingServiceCountry>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Intercontinental Exchange, Inc.</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
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          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P.</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Credit Suisse (Switzerland) Ltd.</custodianName>
            <custodianLei>549300CWR0W0BCS9Q144</custodianLei>
            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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          <custodian>
            <custodianName>The Bank of New York Mellon</custodianName>
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            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
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          <custodian>
            <custodianName>CIBC Mellon Trust Company</custodianName>
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            <custodianCountry>CA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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          <custodian>
            <custodianName>The Standard Bank of South Africa Limited</custodianName>
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            <custodianCountry>ZA</custodianCountry>
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            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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          <custodian>
            <custodianName>The Bank of New York Mellon (United Kingdom)</custodianName>
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            <custodianCountry>GB</custodianCountry>
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            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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            <custodianName>Euroclear Bank</custodianName>
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            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Bank of New York Mellon SA/NV, Asset Servicing, Niederlassung Frankfurt am Main</custodianName>
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            <custodianCountry>DE</custodianCountry>
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            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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          <custodian>
            <custodianName>MONTE TITOLI S.P.A.</custodianName>
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            <custodianCountry>IT</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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          <custodian>
            <custodianName>Citibanamex Afore, S.A. de C.V.</custodianName>
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            <custodianCountry>MX</custodianCountry>
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            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
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        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>RBC GLOBAL ASSET MANAGEMENT (U.S.) INC.</adminName>
            <adminLei>5493001UKNGG52025J43</adminLei>
            <adminStateCountry adminState="US-MN" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
          <admin>
            <adminName>The Bank of New York Mellon</adminName>
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            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>N</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>RBC Dominion Securities Global Limited</brokerDealerName>
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            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerCountry>BS</brokerDealerCountry>
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          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS (JAPAN) LTD.</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>SYMPHONIC SECURITIES LLC</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>RBC INVESTMENT SERVICES (ASIA) LIMITED</brokerDealerName>
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          <brokerDealer>
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          <brokerDealer>
            <brokerDealerName>City National Securities, Inc.</brokerDealerName>
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            <brokerDealerLei>254900XL8II8IO4VXK30</brokerDealerLei>
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          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS (Europe) GMBH</brokerDealerName>
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            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300SXSTGQY3EA1B18</brokerDealerLei>
            <brokerDealerCountry>DE</brokerDealerCountry>
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          <brokerDealer>
            <brokerDealerName>CNR Securities LLC</brokerDealerName>
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            <brokerDealerLei>894500JXD2XN50UHZI74</brokerDealerLei>
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          <brokerDealer>
            <brokerDealerName>RBC Capital Markets, LLC</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>RBC Europe Limited</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>BlueBay Asset Management International Limited</brokerDealerName>
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          <brokerDealer>
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            <brokerDealerName>RBC Capital Markets Arbitrage S.A.</brokerDealerName>
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          <brokerDealer>
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            <grossCommission>35.00000000</grossCommission>
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        <aggregateCommission>626.00000000</aggregateCommission>
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          <principalTransaction>
            <principalName>Credit Suisse Securities (USA) LLC</principalName>
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          <principalTransaction>
            <principalName>U.S. Government Money Market Fund</principalName>
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            <principalLei>54930052Y1FH4FTCFW93</principalLei>
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          <principalTransaction>
            <principalName>CitiGroup Global Markets Inc.</principalName>
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          <principalTransaction>
            <principalName>BOFA SECURITIES, INC.</principalName>
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            <principalCrdNo>000283942</principalCrdNo>
            <principalLei>549300HN4UKV1E2R3U73</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
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          <principalTransaction>
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            <pricingServiceName>Bloomberg Finance L.P.</pricingServiceName>
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        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>Y</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>RBC Global Asset Management (US) Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-20303</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107173</investmentAdviserCrdNo>
            <investmentAdviserLei>5493001UKNGG52025J43</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-MN" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>U.S. Bank Global Fund Services</transferAgentName>
            <transferAgentFileNo>085-11357</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-WI" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Intercontinental Exchange, Inc.</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>U.S. Bank, N.A.</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianStateCountry custodianState="US-WI" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>The Bank of New York Mellon</adminName>
            <adminLei>HPFHU0OQ28E4N0NFVK49</adminLei>
            <adminStateCountry adminState="US-DE" adminCountry="US"/>
            <isAdminAffiliated>N</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
          <admin>
            <adminName>RBC GLOBAL ASSET MANAGEMENT (U.S.) INC.</adminName>
            <adminLei>5493001UKNGG52025J43</adminLei>
            <adminStateCountry adminState="US-MN" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>RBC Capital Markets Arbitrage S.A.</brokerDealerName>
            <brokerDealerFileNo>008-65401</brokerDealerFileNo>
            <brokerDealerCrdNo>000121263</brokerDealerCrdNo>
            <brokerDealerLei>VPSDYLYD46Y0HGE26Y04</brokerDealerLei>
            <brokerDealerCountry>BS</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC Dominion Securities Inc.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300QJJX6CVVUXLE15</brokerDealerLei>
            <brokerDealerCountry>CA</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>West Indies Stockbrokers Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300QGBF42RMLOZV67</brokerDealerLei>
            <brokerDealerCountry>TT</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC Securities Australia Pty Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerCountry>AU</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC Dominion Securities Global Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerCountry>BS</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC DIRECT INVESTING INC.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300U4H4BEJHJ27M83</brokerDealerLei>
            <brokerDealerCountry>CA</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>SYMPHONIC SECURITIES LLC</brokerDealerName>
            <brokerDealerFileNo>008-67220</brokerDealerFileNo>
            <brokerDealerCrdNo>000139512</brokerDealerCrdNo>
            <brokerDealerLei>0004557799</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC Capital Markets, LLC</brokerDealerName>
            <brokerDealerFileNo>008-45411</brokerDealerFileNo>
            <brokerDealerCrdNo>000031194</brokerDealerCrdNo>
            <brokerDealerLei>549300LCO2FLSSVFFR64</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS (JAPAN) LTD.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>54930060BA5D0H5MH826</brokerDealerLei>
            <brokerDealerCountry>BB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>City National Securities, Inc.</brokerDealerName>
            <brokerDealerFileNo>008-52265</brokerDealerFileNo>
            <brokerDealerCrdNo>000103705</brokerDealerCrdNo>
            <brokerDealerLei>254900XL8II8IO4VXK30</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-CA" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>CNR Securities LLC</brokerDealerName>
            <brokerDealerFileNo>008-36759</brokerDealerFileNo>
            <brokerDealerCrdNo>000018466</brokerDealerCrdNo>
            <brokerDealerLei>894500JXD2XN50UHZI74</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>BlueBay Asset Management International Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerCountry>GB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS (Europe) GMBH</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300SXSTGQY3EA1B18</brokerDealerLei>
            <brokerDealerCountry>DE</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC INVESTMENT SERVICES (ASIA) LIMITED</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>213800JNBE31YKDS3954</brokerDealerLei>
            <brokerDealerCountry>HK</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC Europe Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>TXDSU46SXBWIGJ8G8E98</brokerDealerLei>
            <brokerDealerCountry>GB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <aggregateCommission>0.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>BOFA SECURITIES, INC.</principalName>
            <principalFileNo>008-69787</principalFileNo>
            <principalCrdNo>000283942</principalCrdNo>
            <principalLei>549300HN4UKV1E2R3U73</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>67468955173.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>DEUTSCHE BANK SECURITIES, INC.</principalName>
            <principalFileNo>008-17822</principalFileNo>
            <principalCrdNo>000002525</principalCrdNo>
            <principalLei>9J6MBOOO7BECTDTUZW19</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>94850000000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Federal Reserve Bank of New York</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>254900Y8NKGV541U8Q32</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>278221000000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>ING FINANCIAL MARKETS LLC</principalName>
            <principalFileNo>008-43978</principalFileNo>
            <principalCrdNo>000028872</principalCrdNo>
            <principalLei>KBVRJ5K57JZ3E2AVWX40</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>42043900000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>GOLDMAN SACHS &amp; CO. LLC</principalName>
            <principalFileNo>008-00129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>41513300529.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Bank of Montreal</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>NQQ6HPCNCCU6TUTQYE16</principalLei>
            <principalCountry>CA</principalCountry>
            <principalTotalPurchaseSale>67705000000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>WELLS FARGO SECURITIES, LLC</principalName>
            <principalFileNo>008-65876</principalFileNo>
            <principalCrdNo>000126292</principalCrdNo>
            <principalLei>VYVVCKR63DVZZN70PB21</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>137222785040.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>NATIONAL AUSTRALIA BANK LIMITED</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>F8SB4JFBSYQFRQEH3Z21</principalLei>
            <principalCountry>AU</principalCountry>
            <principalTotalPurchaseSale>93455905000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>CitiGroup Global Markets Inc.</principalName>
            <principalFileNo>008-08177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>174464603819.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>CREDIT AGRICOLE SECURITIES (USA) INC.</principalName>
            <principalFileNo>008-13753</principalFileNo>
            <principalCrdNo>000000190</principalCrdNo>
            <principalLei>549300WO2DKF0Q3YMV43</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>149651500000.00000000</principalTotalPurchaseSale>
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        </principalTransactions>
        <principalAggregatePurchase>1264818546716.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>0.00000000</mnthlyAvgNetAssets>
        <dailyAvgNetAssets>15924744072.00000000</dailyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>500000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="U.S. Bank, N.A."/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="RBC Microcap Value Fund" secFileNo="811-21475"/>
                <creditUser fundName="Access Capital Community Investment Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Short Duration Fixed Income Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Enterprise Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Small Cap Core Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Small Cap Value Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Impact Bond Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Ultra-Short Fixed Income Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC SMID Cap Growth Fund" secFileNo="811-21475"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>RBC BlueBay Emerging Market Debt Fund</mgmtInvFundName>
        <mgmtInvSeriesId>S000033479</mgmtInvSeriesId>
        <mgmtInvLei>5493007OQRSXC5HIC148</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>3</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Class A" sharesOutstandingClassId="C000102917" sharesOutstandingTickerSymbol="RESAX"/>
          <sharesOutstanding sharesOutstandingClassName="Class R6" sharesOutstandingClassId="C000176573" sharesOutstandingTickerSymbol="RBERX"/>
          <sharesOutstanding sharesOutstandingClassName="Class I" sharesOutstandingClassId="C000102918" sharesOutstandingTickerSymbol="RBESX"/>
        </sharesOutstandings>
        <fundType>N/A</fundType>
        <isNonDiversifiedCompany>Y</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>N/A</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 22d-1 (17 CFR 270.22d-1)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>Y</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>RBC Global Asset Management (US) Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-20303</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000107173</investmentAdviserCrdNo>
            <investmentAdviserLei>5493001UKNGG52025J43</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-MN" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <subAdvisers>
          <subAdviser>
            <subAdviserName>BLUEBAY ASSET MANAGEMENT LLP</subAdviserName>
            <subAdviserFileNo>801-61494</subAdviserFileNo>
            <subAdviserCrdNo>000122793</subAdviserCrdNo>
            <subAdviserLei>0XNERYKNM1SJ16DXK809</subAdviserLei>
            <isSubAdviserAffiliated>Y</isSubAdviserAffiliated>
            <subAdviserCountry>GB</subAdviserCountry>
            <isSubAdviserHired>N</isSubAdviserHired>
          </subAdviser>
        </subAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>U.S. Bank Global Fund Services</transferAgentName>
            <transferAgentFileNo>085-11357</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-WI" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P.</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>Intercontinental Exchange, Inc.</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>IHS Markit Ltd.</pricingServiceName>
            <pricingServiceLei>549300HLPTRASHS0E726</pricingServiceLei>
            <pricingServiceCountry>BM</pricingServiceCountry>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>JPMorgan Chase &amp; Co.</pricingServiceName>
            <pricingServiceLei>8I5DZWZKVSZI1NUHU748</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-DE" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>The Hongkong and Shanghai Banking Corporation Limited, Australia Branch</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>AU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Privredna Banka Zagreb - Dionicko Drustvo</custodianName>
            <custodianLei>549300ZHFZ4CSK7VS460</custodianLei>
            <custodianCountry>HR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Bank Polska Kasa Opieki S.A.</custodianName>
            <custodianLei>5493000LKS7B3UTF7H35</custodianLei>
            <custodianCountry>PL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
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            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibanamex Afore, S.A. de C.V.</custodianName>
            <custodianLei>5493004NLEXB8DK06353</custodianLei>
            <custodianCountry>MX</custodianCountry>
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            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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          <custodian>
            <custodianName>Bank Hapoalim B.M.</custodianName>
            <custodianLei>B6ARUI4946ST4S7WOU88</custodianLei>
            <custodianCountry>IL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>PJSC ROSBANK</custodianName>
            <custodianLei>HOXMZG026UQNRK6J0C60</custodianLei>
            <custodianCountry>RU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Bank of New York Mellon (Jersey Channel Islands)</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianCountry>JE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Standard Bank of South Africa Limited</custodianName>
            <custodianLei>QFC8ZCW3Q5PRXU1XTM60</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank (Istanbul)</custodianName>
            <custodianLei>789000N5SE3LWDK7OI11</custodianLei>
            <custodianCountry>TR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Banco Itau Uruguay S.A.</custodianName>
            <custodianLei>549300HU8OQS1VTVXN55</custodianLei>
            <custodianCountry>UY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank del Peru S.A.</custodianName>
            <custodianLei>MYTK5NHHP1G8TVFGT193</custodianLei>
            <custodianCountry>PE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>HSBC Bank Egypt S.A.E.</custodianName>
            <custodianLei>2138001Q77JDLESS4Y50</custodianLei>
            <custodianCountry>EG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank (Malaysia) Berhad</custodianName>
            <custodianLei>529900DLWFR8HK7DR278</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Clearstream Banking S.A.</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>DE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Hongkong and Shanghai Banking Corporation Limited</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>HK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Cititrust Colombia S A Sociedad Fiduciaria</custodianName>
            <custodianLei>549300242J3IJCOSGI49</custodianLei>
            <custodianCountry>CO</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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          <custodian>
            <custodianName>AS SEB banka</custodianName>
            <custodianLei>549300YW95G1VBBGGV07</custodianLei>
            <custodianCountry>LV</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank AG (Indonesia)</custodianName>
            <custodianLei>529900BYFVEGGOM24P36</custodianLei>
            <custodianCountry>ID</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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          <custodian>
            <custodianName>Citibank Europe plc, pobocka zahranicnej banky</custodianName>
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            <custodianCountry>SK</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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          <custodian>
            <custodianName>Citibank Argentina</custodianName>
            <custodianLei>579100KKDGKCFFKKF005</custodianLei>
            <custodianCountry>AR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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          <custodian>
            <custodianName>The Bank of New York Mellon</custodianName>
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            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
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          <custodian>
            <custodianName>Euroclear Bank</custodianName>
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            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
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          <custodian>
            <custodianName>The Bank of New York Mellon (United Kingdom)</custodianName>
            <custodianLei>HPFHU0OQ28E4N0NFVK49</custodianLei>
            <custodianCountry>GB</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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          <custodian>
            <custodianName>Stanbic IBTC Bank Plc.</custodianName>
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            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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          <custodian>
            <custodianName>The Hongkong and Shanghai Banking Corporation (Thailand)</custodianName>
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            <custodianCountry>TH</custodianCountry>
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            <custodianName>Citibank N.A., Brazilian Branch</custodianName>
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            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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          <custodian>
            <custodianName>The Bank of New York Mellon SA/NV, Asset Servicing, Niederlassung Frankfurt am Main</custodianName>
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            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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            <adminName>RBC GLOBAL ASSET MANAGEMENT (U.S.) INC.</adminName>
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          <admin>
            <adminName>The Bank of New York Mellon</adminName>
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            <isAdminSubAdmin>N</isAdminSubAdmin>
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        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
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          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS (Europe) GMBH</brokerDealerName>
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          <brokerDealer>
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          <brokerDealer>
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          <brokerDealer>
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            <brokerDealerName>RBC Capital Markets Arbitrage S.A.</brokerDealerName>
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          <investmentAdviser>
            <investmentAdviserName>RBC Global Asset Management (US) Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-20303</investmentAdviserFileNo>
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            <investmentAdviserLei>5493001UKNGG52025J43</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-MN" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>U.S. Bank Global Fund Services</transferAgentName>
            <transferAgentFileNo>085-11357</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-WI" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Intercontinental Exchange, Inc.</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>U.S. Bank, N.A.</custodianName>
            <custodianLei>N/A</custodianLei>
            <custodianStateCountry custodianState="US-WI" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
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            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>RBC GLOBAL ASSET MANAGEMENT (U.S.) INC.</adminName>
            <adminLei>5493001UKNGG52025J43</adminLei>
            <adminStateCountry adminState="US-MN" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
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          </admin>
          <admin>
            <adminName>The Bank of New York Mellon</adminName>
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          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS (JAPAN) LTD.</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS (Europe) GMBH</brokerDealerName>
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            <brokerDealerLei>549300SXSTGQY3EA1B18</brokerDealerLei>
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          <brokerDealer>
            <brokerDealerName>SYMPHONIC SECURITIES LLC</brokerDealerName>
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            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>BlueBay Asset Management International Limited</brokerDealerName>
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            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
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          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC Dominion Securities Global Limited</brokerDealerName>
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            <brokerDealerLei>N/A</brokerDealerLei>
            <brokerDealerCountry>BS</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>West Indies Stockbrokers Limited</brokerDealerName>
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            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300QGBF42RMLOZV67</brokerDealerLei>
            <brokerDealerCountry>TT</brokerDealerCountry>
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          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC Europe Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
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            <brokerDealerLei>TXDSU46SXBWIGJ8G8E98</brokerDealerLei>
            <brokerDealerCountry>GB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC Dominion Securities Inc.</brokerDealerName>
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            <brokerDealerLei>549300QJJX6CVVUXLE15</brokerDealerLei>
            <brokerDealerCountry>CA</brokerDealerCountry>
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          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC Capital Markets Arbitrage S.A.</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>RBC Securities Australia Pty Limited</brokerDealerName>
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            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
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          <brokerDealer>
            <brokerDealerName>RBC INVESTMENT SERVICES (ASIA) LIMITED</brokerDealerName>
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            <brokerDealerLei>213800JNBE31YKDS3954</brokerDealerLei>
            <brokerDealerCountry>HK</brokerDealerCountry>
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          <brokerDealer>
            <brokerDealerName>RBC Capital Markets, LLC</brokerDealerName>
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            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
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          <brokerDealer>
            <brokerDealerName>CNR Securities LLC</brokerDealerName>
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            <brokerDealerLei>894500JXD2XN50UHZI74</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
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          <brokerDealer>
            <brokerDealerName>RBC DIRECT INVESTING INC.</brokerDealerName>
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            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300U4H4BEJHJ27M83</brokerDealerLei>
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          <brokerDealer>
            <brokerDealerName>City National Securities, Inc.</brokerDealerName>
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            <brokerDealerStateCountry brokerDealerState="US-CA" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
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        <brokers>
          <broker>
            <brokerName>WEEDEN &amp; CO. L.P.</brokerName>
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            <brokerCrdNo>000016835</brokerCrdNo>
            <brokerLei>549300OYBLKSN8M8EW67</brokerLei>
            <brokerStateCountry brokerState="US-CT" brokerCountry="US"/>
            <grossCommission>865.00000000</grossCommission>
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          <broker>
            <brokerName>Raymond James &amp; Associates, Inc.</brokerName>
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            <brokerStateCountry brokerState="US-FL" brokerCountry="US"/>
            <grossCommission>650.00000000</grossCommission>
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          <broker>
            <brokerName>JONESTRADING INSTITUTIONAL SERVICES LLC</brokerName>
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          <broker>
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            <brokerStateCountry brokerState="US-NJ" brokerCountry="US"/>
            <grossCommission>740.00000000</grossCommission>
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          <broker>
            <brokerName>WILLIAM BLAIR &amp; COMPANY, L.L.C.</brokerName>
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            <grossCommission>3881.00000000</grossCommission>
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          <broker>
            <brokerName>DASH FINANCIAL TECHNOLOGIES LLC</brokerName>
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            <brokerStateCountry brokerState="US-IL" brokerCountry="US"/>
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            <grossCommission>1022.00000000</grossCommission>
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          <broker>
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            <principalName>U.S. Government Money Market Fund</principalName>
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        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
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                <creditUser fundName="RBC Small Cap Value Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Small Cap Core Fund" secFileNo="811-21475"/>
                <creditUser fundName="U.S. Government Money Market Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Short Duration Fixed Income Fund" secFileNo="811-21475"/>
                <creditUser fundName="Access Capital Community Investment Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Enterprise Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Impact Bond Fund" secFileNo="811-21475"/>
                <creditUser fundName="RBC Ultra-Short Fixed Income Fund" secFileNo="811-21475"/>
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        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
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        <fundType>N/A</fundType>
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        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
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        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 22d-1 (17 CFR 270.22d-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
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        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
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        <isFeesWaivedRecoupable>Y</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
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            <transferAgentName>U.S. Bank Global Fund Services</transferAgentName>
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          <pricingService>
            <pricingServiceName>Intercontinental Exchange, Inc.</pricingServiceName>
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        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
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            <adminName>RBC GLOBAL ASSET MANAGEMENT (U.S.) INC.</adminName>
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          <admin>
            <adminName>The Bank of New York Mellon</adminName>
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        <brokerDealers>
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          <brokerDealer>
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            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
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          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS (JAPAN) LTD.</brokerDealerName>
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            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
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            <brokerDealerCountry>BB</brokerDealerCountry>
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          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS (Europe) GMBH</brokerDealerName>
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          <brokerDealer>
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            <brokerDealerCountry>TT</brokerDealerCountry>
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      <isIPAReportInternalControl>true</isIPAReportInternalControl>
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    <signature registrantSignedName="RBC Funds Trust" signedDate="2022-02-23" signature="Kathleen Hegna" title="Treasurer and Chief Financial Officer "/>
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