(As of 12/31/2024)

Desjardins Floating Rate Income Fund A Class

(Multi-Sector Fixed Income)
FundGrade A+® Rating recipient
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Inception Return
(5/12/2014) 		2.87 %
YTD Return 9.75 %
NAVPS
(1/13/2025) 		$9.10
Change ($0.01) / -0.13 %
Growth of $10,000 (As of December 31, 2024)
MER 1.61 %
Assets ($mil) $103.72
Rank (1Yr) 17/293
Std Dev (3Yr) 10.21 %
Volatility Ranking (3Yr) 1/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
The objective of the Fund is to provide a high income while minimizing the effects of interest rate fluctuations. The Fund invests primarily in floating-rate and fixed-rate debt securities of issuers throughout the world and enters into derivative instrument transactions to generate a floating rate income.
Fund Manager

Desjardins Investments Inc.

Portfolio Manager

Desjardins Global Asset Management Inc.

Sub-Advisor

Pacific Investment Management Co LLC (PIMCO)

 
Asset Allocation
(As of December 31, 2024)
Sector Allocation
(As of December 31, 2024)
Geographic Allocation
(As of December 31, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
Fannie Mae, TBAForeign BondsFixed IncomeUnited States9.90%
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada5.43%
AmSurgForeign BondsFixed IncomeUnited States2.99%
Eurosail, Series 2007-1X, Class C1A, Mezzanine 3.33% 13-Dec-2041Foreign BondsFixed IncomeEuropean Union2.61%
Syniverse Holdings, BL 8.40% 13-May-2027Foreign BondsFixed IncomeUnited States1.81%
Stratton Hawksmoor PLC 6.46% 25-Feb-2053OtherFixed IncomeEuropean Union1.73%
Wesco Aircraft Holdings, P.P. 10.50% 15-Nov-2026Foreign BondsFixed IncomeUnited States1.72%
Egypt Government 4.75% 16-Apr-2026Foreign BondsFixed IncomeAfrica and Middle East1.69%
Cote D'Ivoire Government 5.25% 22-Mar-2030Foreign BondsFixed IncomeAfrica and Middle East1.58%
Twin Bridges PLC 6.71% 12-Jun-2055OtherFixed IncomeEuropean Union1.53%

Performance Data (As of December 31, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.46 1.93 5.04 9.75 9.75 4.95 3.27 3.43
Benchmark 0.67 1.98 7.33 9.76 9.76 1.21 1.26 3.46
Quartile Ranking 1 1 1 1 1 1 1 1

Calendar Return (%) 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund 9.75 9.76 -4.03 3.40 -1.72 8.98 -1.85 6.50 8.24 -3.32
Benchmark 9.76 5.25 -10.27 -4.31 7.35 4.01 6.50 1.23 1.29 16.14
Quartile Ranking 1 1 1 1 4 2 3 1 1 4

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