A fixed-income fund that aims to provide income while limiting downside risk through primarily American investments.
Is this fund right for you?
- Are looking for a global high yield fixed income fund to hold as part of their portfolio.
- Want a medium-term investment.
- Can handle the volatility of bond markets.
Risk Rating
How is the fund invested?
(as of March 31, 2025)
Asset allocation (%)
|
Name |
Percent |
|
Foreign Bonds |
91.0 |
|
Cash and Equivalents |
8.3 |
|
US Equity |
0.7 |
Geographic allocation (%)
|
Name |
Percent |
|
United States |
92.1 |
|
Canada |
4.7 |
|
Europe |
1.5 |
|
Mexico |
1.1 |
|
Colombia |
0.5 |
|
Other |
0.1 |
Sector allocation (%)
|
Name |
Percent |
|
Fixed Income |
91.0 |
|
Cash and Cash Equivalent |
8.3 |
|
Financial Services |
0.7 |
Growth of $10,000
(since inception)
Data not available based on date of inception
Fund details
(as of March 31, 2025)
Top holdings |
% |
Cash and Cash Equivalents |
5.4 |
Mativ Holdings Inc 8.00% 01-Oct-2029 |
4.3 |
Coronado Finance Pty Ltd 9.25% 01-Oct-2029 |
3.6 |
Live Nation Entertainment Inc 6.50% 15-May-2027 |
2.8 |
Viking Cruises Ltd 5.88% 15-Sep-2027 |
2.8 |
Saturn Oil & Gas Inc 9.63% 15-Jun-2029 |
2.6 |
Lindblad Expeditions LLC 6.75% 15-Feb-2027 |
2.1 |
Howden UK Refinance PLC 7.25% 15-Feb-2031 |
2.1 |
Strathcona Resources Ltd 6.88% 01-Aug-2026 |
2.1 |
Boise Cascade Co 4.88% 01-Jul-2030 |
2.0 |
Total allocation in top holdings |
29.8 |
Portfolio characteristics |
|
Standard deviation |
5.8% |
Yield to maturity |
9.3% |
Duration (years) |
3.4 |
Coupon |
7.0% |
Average credit rating |
BB- |
Understanding returns
Annual compound returns (%)
1 MO |
3 MO |
YTD |
1 YR |
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3 YR |
5 YR |
10 YR |
INCEPTION |
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Calendar year returns (%)
2024 |
2023 |
2022 |
2021 |
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2020 |
2019 |
2018 |
2017 |
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Range of returns over five years
(August 1, 2013 - May 31, 2025)
Best return |
Best period end date |
Worst return |
Worst period end date |
7.0% |
Feb. 2021 |
0.6% |
Sept. 2022 |
Average return |
% of periods with positive returns |
Number of positive periods |
Number of negative periods |
3.2% |
100.0% |
83 |
0 |