Join Fund Library now and get free access to personalized features to help you manage your investments.

TD High Yield Bond Fund Investor Series

High Yield Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2018, 2017, 2014

Click for more information on Fundata’s FundGrade

NAVPS
(05-21-2024)
$6.01
Change
$0.00 (0.00%)

As at April 30, 2024

As at April 30, 2024

Period
Loading...

Legend

TD High Yield Bond Fund Investor Series

Compare Options


Fund Returns

Inception Return (June 29, 1998): 4.03%

Fund Returns
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 -0.76% 0.29% 7.53% 0.48% 5.77% 2.73% 0.65% 6.10% 1.92% 2.05% 2.09% 3.52% 2.98% 2.95%
Benchmark 0.55% 3.28% 8.20% 4.71% 10.33% 8.77% 3.34% 4.51% 3.12% 4.18% 3.35% 5.49% 5.30% 5.68%
Category Average -0.86% 7.34% 7.34% 0.69% 6.00% 2.76% 0.06% 3.64% 1.99% 2.27% 2.19% 3.05% 2.45% 2.45%
Category Rank 193 / 294 203 / 294 155 / 294 207 / 294 199 / 288 199 / 285 142 / 276 54 / 269 174 / 262 170 / 243 151 / 230 107 / 196 93 / 185 88 / 169
Quartile Ranking 3 3 3 3 3 3 3 1 3 3 3 3 3 3

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -1.57% 1.22% 0.70% 0.43% -1.60% -0.79% 3.75% 3.14% 0.19% 0.18% 0.87% -0.76%
Benchmark -1.13% -0.73% 1.08% 2.51% -1.32% 1.59% 2.42% 0.89% 1.39% 1.87% 0.83% 0.55%

Best Monthly Return Since Inception

11.60% (April 2009)

Worst Monthly Return Since Inception

-19.57% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 4.40% -5.70% 19.33% 3.78% -1.57% 7.39% 0.35% 8.39% -9.30% 8.35%
Benchmark 8.91% 14.93% 10.80% 2.96% 5.36% 7.98% 6.14% 0.50% -6.92% 10.36%
Category Average 2.69% -2.71% 9.58% 5.34% -2.63% 9.49% 5.35% 3.21% -10.00% 8.59%
Quartile Ranking 2 4 1 4 2 4 4 1 2 3
Category Rank 46/ 166 156/ 178 9/ 195 170/ 223 83/ 235 210/ 260 233/ 268 27/ 270 117/ 279 191/ 288

Best Calendar Return (Last 10 years)

19.33% (2016)

Worst Calendar Return (Last 10 years)

-9.30% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 84.19
Canadian Corporate Bonds 10.57
Cash and Equivalents 3.79
Canadian Government Bonds 0.69
Foreign Government Bonds 0.49
Other 0.27

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 95.95
Cash and Cash Equivalent 3.79
Industrial Services 0.18
Energy 0.08
Consumer Services 0.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.69
Asia 0.59
Europe 0.49
Latin America 0.22
Other 0.01

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 2.72
NRG Energy Inc 3.88% 15-Feb-2032 1.55
Caesars Entertainment Inc 8.13% 01-Jul-2027 1.48
Parkland Corp 4.63% 01-May-2030 1.45
Tenet Healthcare Corp 6.13% 15-Jun-2030 1.43
Keyera Corp 5.95% 10-Mar-2081 1.40
Calpine Corp 5.00% 01-Feb-2031 1.38
Talen Energy Supply LLC 8.63% 01-Jun-2030 1.26
Prime Sec Srvcs Borrower LLC 6.25% 15-Jan-2028 1.21
Rogers Communications Inc 5.25% 15-Mar-2082 1.17

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: L.
Period: 

Risk vs Return (3 Yr)

TD High Yield Bond Fund Investor Series

Median

Other - High Yield Fixed Income

3 Yr Annualized

Standard Deviation 6.77% 9.70% 7.46%
Beta 0.71% 1.06% 0.61%
Alpha -0.02% -0.01% 0.00%
Rsquared 0.54% 0.60% 0.32%
Sharpe -0.28% 0.04% 0.24%
Sortino -0.42% -0.07% 0.03%
Treynor -0.03% 0.00% 0.03%
Tax Efficiency - 10.87% 43.51%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.76% 6.77% 9.70% 7.46%
Beta 0.63% 0.71% 1.06% 0.61%
Alpha -0.01% -0.02% -0.01% 0.00%
Rsquared 0.24% 0.54% 0.60% 0.32%
Sharpe 0.17% -0.28% 0.04% 0.24%
Sortino 0.93% -0.42% -0.07% 0.03%
Treynor 0.02% -0.03% 0.00% 0.03%
Tax Efficiency 69.02% - 10.87% 43.51%

Fund Details

Start Date June 29, 1998
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,460

Fund Codes

FundServ Code Load Code Sales Status
TDB626

Investment Objectives

The fundamental investment objective is to seek to provide income and the opportunity for capital appreciation over the longer term by investing primarily in high-yield bonds or other income-producing securities. The fundamental investment objective may only be changed with the approval of a majority of unitholders, given at a meeting called for that purpose.

Investment Strategy

The portfolio adviser seeks to achieve the fundamental investment objective of the Fund by focusing on high-yield corporate bonds, other evidences of indebtedness (including investments in loans) and other income-producing securities from issuers located anywhere in the world. The portfolio adviser believes a bottom-up strategy emphasizing analysis of individual corporations in the context of a global macroeconomic environment will add value and enhance long-term performance.

Portfolio Manager(s)

Name Start Date
Gregory Kocik 10-01-2000
Shawna Millman 06-12-2013
Anthony Imbesi 05-05-2016

Management and Organization

Fund Manager TD Asset Management Inc.
Advisor TD Asset Management Inc.
Custodian CIBC Mellon Trust Company
Registrar The Toronto-Dominion Bank
Distributor TD Investment Services Inc
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 1.78%
Management Fee 1.45%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.50%
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.