Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports

Dynamic High Yield Bond Fund Series A

High Yield Fixed Income

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(07-31-2025)
$1.48
Change
$0.00 (0.06%)

As at June 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 1998Jan 19…Jan 2000Jan 2002Jan 2004Jan 2006Jan 2008Jan 2010Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jan 2000Jan 2005Jan 2010Jan 2015Jan 2020Jan 2025J…$2,500$5,000$7,500$10,000$12,500$15,000$17,500$20,000$9,500$10,500$11,000$11,500$12,000$13,000Period

Legend

Dynamic High Yield Bond Fund Series A

Compare Options


Fund Returns

Inception Return (December 31, 1995): 2.56%

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 1.70% 1.89% 2.55% 2.55% 5.86% 7.92% 7.69% 1.94% 4.73% 2.98% 3.27% 2.80% 3.48% 2.52%
Benchmark 1.47% -0.66% 1.39% 1.39% 11.51% 12.96% 12.81% 5.35% 5.30% 5.02% 5.27% 5.04% 5.83% 5.88%
Category Average 1.42% 2.40% 3.00% 3.00% 7.58% 7.77% 6.81% 2.02% 3.86% 3.08% 3.29% 3.05% 3.59% 3.21%
Category Rank 36 / 245 144 / 245 134 / 242 134 / 242 224 / 242 148 / 235 115 / 232 162 / 229 111 / 219 159 / 213 138 / 196 146 / 184 131 / 168 141 / 160
Quartile Ranking 1 3 3 3 4 3 2 3 3 3 3 4 4 4

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.48% 0.94% 0.61% -0.53% 1.10% -0.40% 0.98% 0.53% -0.85% -1.03% 1.22% 1.70%
Benchmark 2.95% -0.48% 2.00% 2.26% 0.82% 2.08% 1.94% 0.36% -0.24% -3.14% 1.07% 1.47%

Best Monthly Return Since Inception

9.64% (November 2002)

Worst Monthly Return Since Inception

-13.67% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -2.01% 8.01% 4.27% -3.53% 9.66% 3.79% 5.42% -11.29% 11.10% 6.20%
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 2 4 4 3 3 3 2 4 2 4
Category Rank 66/ 153 149/ 167 132/ 175 125/ 186 135/ 211 145/ 218 70/ 222 190/ 229 65/ 235 198/ 241

Best Calendar Return (Last 10 years)

11.10% (2023)

Worst Calendar Return (Last 10 years)

-11.29% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 67.66
Canadian Corporate Bonds 21.60
Foreign Government Bonds 5.51
Cash and Equivalents 4.19
Canadian Government Bonds 1.00
Other 0.04

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 95.77
Cash and Cash Equivalent 4.19
Other 0.04

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.94
Europe 0.01
Other 0.05

Top Holdings

Top Holdings
Name Percent
iShares iBoxx $ High Yield Corp Bond ETF (HYG) 5.93
United States Treasury 4.13% 31-Oct-2031 5.47
Parkland Corp 4.50% 01-Oct-2029 2.65
USD OVERNIGHT DEPOSIT 0.00% 01-May-2025 2.53
PennyMac Financial Servics Inc 5.75% 15-Sep-2031 2.19
Precision Drilling Corp 6.88% 15-Jan-2029 1.94
SECURE Waste Infrastructure Co 6.75% 22-Mar-2029 1.89
Wolf Midstream Canada LP 6.40% 18-Jul-2029 1.88
Greenfire Resources Ltd 12.00% 01-Oct-2028 1.70
Athabasca Oil Corp 6.75% 09-Aug-2029 1.64

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return1234567891011122%4%6%8%10%12%14%16%

Dynamic High Yield Bond Fund Series A

Median

Other - High Yield Fixed Income

3 Yr Annualized

Standard Deviation 6.33% 6.88% 7.75%
Beta 0.73% 0.70% 0.68%
Alpha -0.01% 0.01% -0.01%
Rsquared 0.32% 0.41% 0.33%
Sharpe 0.57% 0.34% 0.14%
Sortino 1.31% 0.39% -0.03%
Treynor 0.05% 0.03% 0.02%
Tax Efficiency 64.09% 46.70% -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 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 3.26% 6.33% 6.88% 7.75%
Beta 0.27% 0.73% 0.70% 0.68%
Alpha 0.03% -0.01% 0.01% -0.01%
Rsquared 0.22% 0.32% 0.41% 0.33%
Sharpe 0.74% 0.57% 0.34% 0.14%
Sortino 1.40% 1.31% 0.39% -0.03%
Treynor 0.09% 0.05% 0.03% 0.02%
Tax Efficiency 53.75% 64.09% 46.70% -

Fund Details

Start Date December 31, 1995
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $607

Fund Codes

FundServ Code Load Code Sales Status
DYN3105
DYN3315
DYN3415
DYN3515
DYN435
DYN7028
DYN9005
DYN9105
DYN9405
DYN9605
DYN9705
DYN9805

Investment Objectives

Dynamic High Yield Bond Fund seeks to achieve above average interest income and the potential for some long-term capital growth by investing primarily in high yield corporate bonds or other income-producing securities. Before a fundamental change is made to the investment objective of the Fund, the prior approval of unitholders is required. This approval must be given by a resolution passed by a majority of the votes cast at a meeting of unitholders.

Investment Strategy

The portfolio advisor: will focus primarily on corporate bonds and debt obligations that, typically, are rated BB+ and below by a recognized North American bond-rating agency. The Fund also may invest in corporate bonds that may have gone into default. The Fund may also invest in other fixed income securities. Will primarily focus on North American companies of all capitalizations in all industry sectors.

Portfolio Management

Portfolio Manager

1832 Asset Management L.P.

  • Marc-André Gaudreau
Sub-Advisor

-

Management and Organization

Fund Manager

1832 Asset Management L.P.

Custodian

State Street Trust Company Canada

Registrar

1832 Asset Management L.P.

Distributor

1832 Asset Management L.P.

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 100
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 2.24%
Management Fee 1.50%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 6.00%
Trailer Fee Max (FE) 0.75%
Trailer Fee Max (DSC) 0.75%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports