Inception Return
(9/16/2013)
|
5.87 %
|
|
YTD Return
|
7.49 %
|
|
NAVPS
(7/25/2024)
|
$10.77
|
|
Change
|
$0.01 / 0.10 %
|
|
|
Growth of $10,000
(As of June 30, 2024)
|
|
MER
|
1.45 %
|
|
Assets ($mil)
|
$1,472.92
|
|
Rank (1Yr)
|
6/77
|
|
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, 2024)
|
Sector Allocation
(As of June 30, 2024)
|
Geographic Allocation
(As of June 30, 2024)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Cash and Cash Equivalents | Cash and Equivalents | Cash and Cash Equivalent | United States | 6.47% |
| NETSMART 10/20 COV-LITE TLB | Foreign Bonds | Fixed Income | United States | 0.94% |
| IMG Worldwide Inc 18-May-2025 | Foreign Bonds | Fixed Income | United States | 0.84% |
| TEKNI-FLEX 3/24 B6 TL | Foreign Bonds | Fixed Income | United States | 0.75% |
| ALIXPARTNERS 2/21 (USD) COV-LI | Foreign Bonds | Fixed Income | United States | 0.70% |
| ERESEARCH TECHNOLOGY/CLARIO 05/24 TLB | Foreign Bonds | Fixed Income | United States | 0.68% |
| DATATEL/ELLUCIAN TLB | Foreign Bonds | Fixed Income | United States | 0.67% |
| ENSONO/ACXIOM 5/21 COV-LITE TL | Foreign Bonds | Fixed Income | United States | 0.66% |
| APPLIED SYSTEMS 2/24 TL | Foreign Bonds | Fixed Income | United States | 0.66% |
| SEDGWICK CMS 2/23 TLB | Foreign Bonds | Fixed Income | United States | 0.66% |
Performance Data
(As of June 30, 2024)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
0.96
|
3.01
|
7.49
|
7.49
|
13.62
|
7.87
|
5.25
|
5.83
|
|
Benchmark
|
-0.30
|
2.13
|
5.33
|
5.33
|
13.25
|
6.25
|
4.73
|
4.59
|
|
Quartile Ranking
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
Calendar Return (%)
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
|
Fund
|
9.11
|
3.66
|
3.14
|
0.49
|
3.75
|
7.06
|
-3.71
|
3.39
|
17.70
|
9.41
|
|
Benchmark
|
14.42
|
-0.86
|
-0.97
|
5.27
|
1.22
|
2.81
|
6.15
|
4.59
|
11.20
|
1.85
|
|
Quartile Ranking
|
4
|
1
|
4
|
2
|
4
|
1
|
4
|
4
|
1
|
1
|