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High Yield Fixed Income
Click for more information on Fundata’s FundGrade.
Close (05-16-2025) |
$17.71 |
---|---|
Change |
$0.00
(0.00%)
|
Open | $17.75 |
---|---|
Day Range | $17.72 - $17.75 |
Volume | 749 |
As at April 30, 2025
As at April 30, 2025
Inception Return (June 14, 2011): 3.87%
Row Heading | Return | Annualized Return | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
Fund | -0.11% | -0.04% | 0.90% | 0.00% | 8.38% | 6.69% | 4.63% | 3.16% | 5.88% | 4.05% | 3.97% | 3.68% | 4.11% | 4.05% |
Benchmark | -3.14% | -3.02% | 1.75% | -1.14% | 10.68% | 10.50% | 9.40% | 5.13% | 5.71% | 4.35% | 5.08% | 4.24% | 6.06% | 5.82% |
Category Average | -0.44% | 0.92% | 0.92% | 0.15% | 6.55% | 6.27% | 4.00% | 1.64% | 4.21% | 2.74% | 2.87% | 2.73% | 3.43% | 2.85% |
Category Rank | 32 / 241 | 13 / 238 | 107 / 238 | 100 / 238 | 25 / 237 | 125 / 231 | 109 / 228 | 51 / 222 | 64 / 215 | 50 / 209 | 56 / 190 | 57 / 179 | 75 / 165 | 45 / 156 |
Quartile Ranking | 1 | 1 | 2 | 2 | 1 | 3 | 2 | 1 | 2 | 1 | 2 | 2 | 2 | 2 |
Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.08% | 0.87% | 2.37% | 1.49% | 1.58% | 0.82% | 0.32% | 0.57% | 0.04% | -0.38% | 0.45% | -0.11% |
Benchmark | 0.00% | 1.79% | 2.95% | -0.48% | 2.00% | 2.26% | 0.82% | 2.08% | 1.94% | 0.36% | -0.24% | -3.14% |
7.20% (April 2020)
-13.41% (March 2020)
Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.15% | 10.96% | 3.50% | -1.03% | 9.22% | 2.98% | 5.97% | -3.72% | 2.41% | 13.03% |
Benchmark | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% |
Category Average | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% |
Quartile Ranking | 1 | 3 | 4 | 2 | 3 | 4 | 1 | 1 | 4 | 1 |
Category Rank | 37/ 150 | 117/ 164 | 152/ 172 | 49/ 183 | 150/ 207 | 162/ 214 | 46/ 218 | 9/ 225 | 228/ 231 | 20/ 237 |
13.03% (2024)
-3.72% (2022)
Name | Percent |
---|---|
Canadian Equity | 59.84 |
Canadian Corporate Bonds | 40.16 |
Name | Percent |
---|---|
Consumer Goods | 21.79 |
Real Estate | 17.82 |
Fixed Income | 17.46 |
Basic Materials | 9.75 |
Industrial Goods | 8.04 |
Other | 25.14 |
Name | Percent |
---|---|
North America | 100.00 |
Name | Percent |
---|---|
NFI Group Inc - Pfd | 9.75 |
PREMIUM BRANDS HLDGS COR 5.50% 31-Mar-2030 | 5.58 |
Morguard REIT - Pfd | 5.53 |
Exchange Income Corp - Pfd | 5.44 |
NorthWest Healthcare Properties REIT - Pfd | 5.40 |
ADVANTAGE OIL + GAS LTD 5.00% 30-Jun-2029 | 5.15 |
Storagevault Canada Inc - Debenture | 5.00 |
Innergex Renewable Energy Inc - Debenture Cl C | 4.97 |
Mullen Group Ltd - Debenture | 4.63 |
Ag Growth International Inc - Pfd | 4.41 |
iShares Convertible Bond Index ETF
Median
Other - High Yield Fixed Income
Standard Deviation | 3.98% | 4.43% | 6.27% |
---|---|---|---|
Beta | 0.14% | 0.10% | 0.35% |
Alpha | 0.03% | 0.05% | 0.02% |
Rsquared | 0.05% | 0.02% | 0.14% |
Sharpe | 0.17% | 0.77% | 0.39% |
Sortino | 0.61% | 1.08% | 0.24% |
Treynor | 0.05% | 0.36% | 0.07% |
Tax Efficiency | 54.15% | 65.59% | 52.15% |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 2.78% | 3.98% | 4.43% | 6.27% |
Beta | 0.24% | 0.14% | 0.10% | 0.35% |
Alpha | 0.06% | 0.03% | 0.05% | 0.02% |
Rsquared | 0.25% | 0.05% | 0.02% | 0.14% |
Sharpe | 1.58% | 0.17% | 0.77% | 0.39% |
Sortino | 6.58% | 0.61% | 1.08% | 0.24% |
Treynor | 0.18% | 0.05% | 0.36% | 0.07% |
Tax Efficiency | 73.93% | 54.15% | 65.59% | 52.15% |
Start Date | June 14, 2011 |
---|---|
Instrument Type | Exchange Traded Fund |
Share Class | Do-It-Yourself |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $96 |
52 Week High | $17.82 |
52 Week Low | $15.46 |
Annual Dividend | $0.89 |
Annual Yield | - |
Index | FTSE TMX Canada Convertible Bond Index |
Shares Outstanding | - |
Registered Plan Eligible | Yes |
Exposure | 1x performance |
---|---|
Asset Class High | - |
Asset Class Medium | - |
Asset Class Low | - |
Leveraged | - |
Inverse | - |
Advisor Series | - |
Covered Call Strategy | No |
iShares Advantaged Convertible Bond Index Fund seeks to track, less fees and expenses, the DEX Convertible Bond Index -an equally weighted index, rebalanced monthly, of convertible bonds from Canadian issuers. They must be a) on a Canadian exchange b) in CAD$; c) not currently in default of payment of either interest or principal; d) with a minimum monthly volume of $500,000, e) a minimum outstanding amount of $50 million.
CVD’s current principal investment strategy is to employ a Sampling Strategy. In addition to or as an alternative to this strategy, CVD may invest by employing a Replicating Strategy, by investing in one or more iShares ETFs and/or through the use of derivatives.
Portfolio Manager |
BlackRock Asset Management Canada Limited |
---|---|
Sub-Advisor |
BlackRock Institutional Trust Company, N.A. |
Fund Manager |
BlackRock Asset Management Canada Limited |
---|---|
Custodian |
State Street Trust Company Canada |
Registrar |
State Street Trust Company Canada |
Distributor |
- |
MER | 0.50% |
---|---|
Management Fee | 0.45% |
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