Inception Return
(9/16/2013)
|
5.89 %
|
|
YTD Return
|
-3.00 %
|
|
NAVPS
(7/11/2025)
|
$10.60
|
|
Change
|
$0.02 / 0.15 %
|
|
|
Growth of $10,000
(As of June 30, 2025)
|
|
MER
|
1.45 %
|
|
Assets ($mil)
|
$1,681.60
|
|
Rank (1Yr)
|
13/77
|
|
Std Dev (3Yr)
|
6.19 %
|
|
Volatility Ranking (3Yr)
|
2/10
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
Choice of Front or No Load
|
|
Max Front End
|
5.00 %
|
|
Max Back End
|
-
|
|
Sales Status
|
Open
|
|
|
Objective
To generate a high level of current income, primarily through investment in senior floating rate loans and other floating rate debt instruments as well as lower-rated debt securities, of issuers located anywhere in the world. We will not change the Fund’s fundamental investment objectives without the consent of unitholders by a majority of votes cast at a meeting of unitholders.
|
Fund Manager
CIBC Asset Management Inc.
Portfolio Manager
CIBC Asset Management Inc.
Sub-Advisor
Ares Capital Management II LLC
|
|
Asset Allocation
(As of June 30, 2025)
|
Sector Allocation
(As of June 30, 2025)
|
Geographic Allocation
(As of June 30, 2025)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Cash and Cash Equivalents | Cash and Equivalents | Cash and Cash Equivalent | United States | 8.70% |
| NEW FORTRESS ENERGY 10/23 COV- TL | Foreign Bonds | Fixed Income | United States | 0.77% |
| ALIXPARTNERS 2/21 (USD) COV-LI | Foreign Bonds | Fixed Income | United States | 0.70% |
| CULLIGAN12/24 TLB | Foreign Bonds | Fixed Income | United States | 0.70% |
| SEDGWICK CMS 2/23 TLB | Foreign Bonds | Fixed Income | United States | 0.66% |
| MEDIWARE INFO TLB | Foreign Bonds | Fixed Income | United States | 0.65% |
| MEDLINE INDUSTRIES/MOZART 5/24 ADD-ON TL | Foreign Bonds | Fixed Income | United States | 0.64% |
| TEKNI-PLEX 10/24 B6 TLB | Foreign Bonds | Fixed Income | United States | 0.62% |
| SERVICE LOGIC 2/25 TLB | Foreign Bonds | Fixed Income | United States | 0.61% |
| AIR MEDICAL 4/24 TL | Foreign Bonds | Fixed Income | United States | 0.61% |
Performance Data
(As of June 30, 2025)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
-0.02
|
-3.38
|
-3.00
|
-3.00
|
6.09
|
10.54
|
5.90
|
4.80
|
|
Benchmark
|
3.17
|
4.13
|
10.27
|
10.27
|
16.35
|
16.49
|
8.29
|
5.84
|
|
Quartile Ranking
|
4
|
4
|
4
|
4
|
1
|
1
|
2
|
1
|
|
Calendar Return (%)
|
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
|
Fund
|
17.56
|
9.11
|
3.66
|
3.14
|
0.49
|
3.75
|
7.06
|
-3.71
|
3.39
|
17.70
|
|
Benchmark
|
11.13
|
14.42
|
-0.86
|
-0.97
|
5.27
|
1.22
|
2.81
|
6.15
|
4.59
|
11.20
|
|
Quartile Ranking
|
1
|
4
|
1
|
4
|
2
|
4
|
1
|
4
|
4
|
1
|