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Floating Rate Loan
Click for more information on Fundata’s FundGrade.
NAVPS (11-11-2024) |
$9.23 |
---|---|
Change |
$0.00
(0.03%)
|
As at October 31, 2024
As at September 30, 2024
Inception Return (May 01, 2012): 3.04%
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 | 0.92% | 1.51% | 3.08% | 6.16% | 8.74% | 8.96% | 5.16% | 5.43% | 3.98% | 3.42% | 3.14% | 3.20% | 3.47% | 2.98% |
Benchmark | 0.99% | 3.11% | 6.89% | 11.17% | 13.73% | 18.53% | 8.48% | 6.74% | 5.79% | 5.31% | 4.39% | 4.69% | 5.06% | 5.34% |
Category Average | 0.75% | 1.60% | 2.95% | 5.47% | 8.19% | 8.28% | 3.59% | 4.46% | 3.24% | 3.01% | 3.08% | 3.29% | 3.40% | 3.23% |
Category Rank | 41 / 78 | 52 / 78 | 59 / 78 | 55 / 78 | 55 / 78 | 45 / 77 | 25 / 76 | 34 / 76 | 34 / 72 | 34 / 69 | 43 / 68 | 41 / 59 | 34 / 56 | 39 / 51 |
Quartile Ranking | 3 | 3 | 4 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 |
Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 1.17% | 1.24% | 0.92% | 0.55% | 0.70% | 0.78% | 0.49% | 0.02% | 1.03% | 0.16% | 0.42% | 0.92% |
Benchmark | 2.51% | -0.20% | 1.33% | 1.50% | 0.28% | 0.84% | 1.58% | -0.30% | 2.37% | 0.46% | 1.62% | 0.99% |
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 | 94.53 |
Cash and Equivalents | 2.95 |
Canadian Corporate Bonds | 2.42 |
Foreign Government Bonds | 0.10 |
Name | Percent |
---|---|
Fixed Income | 97.05 |
Cash and Cash Equivalent | 2.95 |
Name | Percent |
---|---|
North America | 96.27 |
Europe | 2.91 |
Asia | 0.29 |
Multi-National | -0.24 |
Other | 0.77 |
Name | Percent |
---|---|
Cash and Cash Equivalents | 2.83 |
HUB International Ltd. 1L Gtd Sr. Secd Term Loan B 8.26% 20-Jun-2030 | 1.04 |
AssuredPartners Inc. 1L Gtd Sr. Secd Term Loan B5 8.60% 14-Feb-2031 | 1.04 |
IMG Worldwide Inc 18-May-2025 | 1.02 |
CoreLogic Inc. 1L Gtd Sr. Secd Term Loan B 8.46% 02-Jun-2028 | 0.90 |
TriMas Corp 4.13% 15-Apr-2029 | 0.89 |
Escape Velocity Holdings Inc. 1L Gtd Sr. Secd Term Loan 9.31% 10-Oct-2028 | 0.88 |
Polaris Newco LLC 1L Gtd Sr. Secd Term Loan B 9.50% 05-Jun-2028 | 0.87 |
Project Alpha Intermediate Holding Inc. Refinancing Term Loan 8.87% 28-Oct-2030 | 0.87 |
Proampac PG Borrower LLC 1L Gtd Sr. Secd Term Loan B 8.85% 15-Sep-2028 | 0.82 |
AGF Floating Rate Income Fund Mutual Fund Series
Median
Other - Floating Rate Loan
Standard Deviation | 3.22% | 6.83% | 5.36% |
---|---|---|---|
Beta | 0.26% | 0.63% | 0.40% |
Alpha | 0.03% | 0.00% | 0.01% |
Rsquared | 0.33% | 0.61% | 0.31% |
Sharpe | 0.51% | 0.28% | 0.28% |
Sortino | 0.93% | 0.19% | 0.02% |
Treynor | 0.06% | 0.03% | 0.04% |
Tax Efficiency | 58.68% | 56.29% | 48.20% |
Volatility |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 1.33% | 3.22% | 6.83% | 5.36% |
Beta | 0.15% | 0.26% | 0.63% | 0.40% |
Alpha | 0.06% | 0.03% | 0.00% | 0.01% |
Rsquared | 0.13% | 0.33% | 0.61% | 0.31% |
Sharpe | 2.84% | 0.51% | 0.28% | 0.28% |
Sortino | 21.98% | 0.93% | 0.19% | 0.02% |
Treynor | 0.25% | 0.06% | 0.03% | 0.04% |
Tax Efficiency | 68.05% | 58.68% | 56.29% | 48.20% |
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) | $33 |
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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