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Floating Rate Loan
Click for more information on Fundata’s FundGrade.
NAVPS (07-25-2024) |
$9.29 |
---|---|
Change |
$0.00
(0.03%)
|
As at June 30, 2024
As at May 31, 2024
Inception Return (May 01, 2012): 2.91%
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 | 0.02% | 1.29% | 3.52% | 3.52% | 9.07% | 9.28% | 4.63% | 5.70% | 3.45% | 3.14% | 2.92% | 3.41% | 2.94% | 2.69% |
Benchmark | -0.30% | 2.13% | 5.33% | 5.33% | 13.25% | 16.55% | 6.25% | 6.37% | 4.73% | 4.21% | 3.99% | 4.77% | 4.74% | 4.59% |
Category Average | 0.27% | 3.15% | 3.15% | 3.15% | 8.13% | 7.37% | 3.21% | 4.80% | 2.76% | 2.82% | 2.96% | 3.44% | 2.95% | 3.11% |
Category Rank | 70 / 78 | 57 / 78 | 58 / 78 | 58 / 78 | 54 / 77 | 30 / 77 | 30 / 76 | 34 / 76 | 33 / 71 | 34 / 68 | 44 / 68 | 36 / 57 | 38 / 55 | 34 / 43 |
Quartile Ranking | 4 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.96% | 1.40% | 0.20% | 0.29% | 1.17% | 1.24% | 0.92% | 0.55% | 0.70% | 0.78% | 0.49% | 0.02% |
Benchmark | 1.38% | 2.55% | -1.17% | 2.29% | 2.51% | -0.20% | 1.33% | 1.50% | 0.28% | 0.84% | 1.58% | -0.30% |
3.76% (April 2020)
-12.59% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.62% | -3.06% | 10.00% | 2.38% | -2.49% | 6.71% | -0.53% | 3.04% | -0.64% | 10.36% |
Benchmark | 1.85% | 11.20% | 4.59% | 6.15% | 2.81% | 1.22% | 5.27% | -0.97% | -0.86% | 14.42% |
Category Average | 3.44% | -0.88% | 8.41% | 4.02% | 0.32% | 6.37% | -0.22% | 4.16% | -4.30% | 9.97% |
Quartile Ranking | 4 | 4 | 2 | 3 | 4 | 2 | 2 | 4 | 2 | 2 |
Category Rank | 29/ 31 | 53/ 55 | 20/ 56 | 41/ 59 | 66/ 68 | 23/ 70 | 37/ 76 | 63/ 76 | 24/ 76 | 33/ 77 |
10.36% (2023)
-3.06% (2015)
Name | Percent |
---|---|
Foreign Corporate Bonds | 93.27 |
Canadian Corporate Bonds | 3.37 |
Cash and Equivalents | 3.27 |
Foreign Government Bonds | 0.10 |
Other | -0.01 |
Name | Percent |
---|---|
Fixed Income | 96.73 |
Cash and Cash Equivalent | 3.27 |
Name | Percent |
---|---|
North America | 96.11 |
Europe | 3.02 |
Multi-National | 0.37 |
Other | 0.50 |
Name | Percent |
---|---|
Cash and Cash Equivalents | 2.28 |
IMG Worldwide Inc 18-May-2025 | 1.01 |
Boost Newco Borrower LLC 1L Sr. Secd Term Loan B 8.33% 31-Jan-2031 | 0.90 |
CoreLogic Inc. 1L Gtd Sr. Secd Term Loan B 8.94% 02-Jun-2028 | 0.88 |
Escape Velocity Holdings Inc. 1L Gtd Sr. Secd Term Loan 9.46% 10-Oct-2028 | 0.88 |
Polaris Newco LLC 1L Gtd Sr. Secd Term Loan B 9.44% 05-Jun-2028 | 0.88 |
TriMas Corp 4.13% 15-Apr-2029 | 0.81 |
Vertiv Group Corp. 1L Gtd Sr. Secd Term Loan B1 7.93% 02-Mar-2027 | 0.81 |
Proampac PG Borrower LLC 1L Gtd Sr. Secd Term Loan B 9.32% 15-Sep-2028 | 0.81 |
UFC Holdings LLC Term Loan B3 1L 8.44% 29-Apr-2026 | 0.79 |
AGF Floating Rate Income Fund Mutual Fund Series
Median
Other - Floating Rate Loan
Standard Deviation | 3.19% | 6.84% | 5.36% |
---|---|---|---|
Beta | 0.24% | 0.63% | 0.39% |
Alpha | 0.03% | 0.01% | 0.01% |
Rsquared | 0.30% | 0.60% | 0.30% |
Sharpe | 0.50% | 0.23% | 0.25% |
Sortino | 0.71% | 0.11% | -0.04% |
Treynor | 0.07% | 0.02% | 0.03% |
Tax Efficiency | 58.94% | 52.26% | 44.52% |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 1.50% | 3.19% | 6.84% | 5.36% |
Beta | 0.16% | 0.24% | 0.63% | 0.39% |
Alpha | 0.07% | 0.03% | 0.01% | 0.01% |
Rsquared | 0.20% | 0.30% | 0.60% | 0.30% |
Sharpe | 2.57% | 0.50% | 0.23% | 0.25% |
Sortino | 24.27% | 0.71% | 0.11% | -0.04% |
Treynor | 0.24% | 0.07% | 0.02% | 0.03% |
Tax Efficiency | 70.51% | 58.94% | 52.26% | 44.52% |
Start Date | May 01, 2012 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $35 |
FundServ Code | Load Code | Sales Status |
---|---|---|
AGF4076 | ||
AGF4176 | ||
AGF4276 |
The Fund’s objective is to provide a high level of current income by investing primarily in senior floating rate loans and other floating rate debt securities of companies domiciled in the U.S.
As a portfolio manager of the Fund, Credit Suisse Asset Management, LLC (“CSAM”) has an investment philosophy grounded in fundamental credit analysis of senior loans and high yield bonds. This bottom-up investment approach is complemented by continuous relative value analysis within a capital structure and across issuers.
Name | Start Date |
---|---|
AGF Investments Inc. | 04-26-2023 |
Credit Suisse Asset Management, LLC | 04-26-2023 |
Fund Manager | AGF Investments Inc. |
---|---|
Advisor | AGF Investments Inc. |
Custodian | State Street Trust Company Canada |
Registrar | AGF CustomerFirst Inc. |
Distributor | - |
Auditor | PriceWaterhouseCoopers LLP |
RSP Eligible | Yes |
---|---|
PAC Allowed | Yes |
PAC Initial Investment | 25 |
PAC Subsequent | 25 |
SWP Allowed | Yes |
SWP Min Balance | 500 |
SWP Min Withdrawal | 25 |
MER | 1.97% |
---|---|
Management Fee | 1.45% |
Load | Choice of Front or No Load |
FE Max | 6.00% |
DSC Max | 5.50% |
Trailer Fee Max (FE) | 0.50% |
Trailer Fee Max (DSC) | 0.50% |
Trailer Fee Max (NL) | - |
Trailer Fee Max (LL) | - |
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