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Floating Rate Loan
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (12-20-2024) |
$9.26 |
|---|---|
| Change |
$0.00
(0.00%)
|
As at November 30, 2024
As at November 30, 2024
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Inception Return (May 01, 2012): 3.10%
| 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 | 0.95% | 2.31% | 3.56% | 7.17% | 8.51% | 9.00% | 5.68% | 5.14% | 4.09% | 3.77% | 3.29% | 3.31% | 3.73% | 3.06% |
| Benchmark | -1.53% | 1.06% | 3.62% | 9.47% | 9.24% | 14.01% | 7.55% | 5.57% | 5.25% | 5.03% | 3.96% | 4.62% | 5.07% | 5.13% |
| Category Average | 0.95% | 2.15% | 3.50% | 6.47% | 7.88% | 8.21% | 3.99% | 4.18% | 3.36% | 3.29% | 3.20% | 3.40% | 3.65% | 3.28% |
| Category Rank | 39 / 78 | 43 / 78 | 49 / 78 | 54 / 78 | 55 / 78 | 43 / 77 | 24 / 76 | 34 / 76 | 34 / 73 | 34 / 69 | 42 / 68 | 41 / 59 | 33 / 56 | 39 / 55 |
| Quartile Ranking | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.24% | 0.92% | 0.55% | 0.70% | 0.78% | 0.49% | 0.02% | 1.03% | 0.16% | 0.42% | 0.92% | 0.95% |
| Benchmark | -0.20% | 1.33% | 1.50% | 0.28% | 0.84% | 1.58% | -0.30% | 2.37% | 0.46% | 1.62% | 0.99% | -1.53% |
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 | 94.20 |
| Cash and Equivalents | 3.33 |
| Canadian Corporate Bonds | 2.24 |
| Foreign Bonds - Other | 0.13 |
| Foreign Government Bonds | 0.11 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Fixed Income | 96.67 |
| Cash and Cash Equivalent | 3.33 |
| Name | Percent |
|---|---|
| North America | 95.23 |
| Europe | 3.08 |
| Multi-National | 0.55 |
| Asia | 0.31 |
| Other | 0.83 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 2.41 |
| HUB International Ltd. 1L Gtd Sr. Secd Term Loan B 7.34% 20-Jun-2030 | 1.10 |
| AssuredPartners Inc. 1L Gtd Sr. Secd Term Loan B5 8.11% 14-Feb-2031 | 1.10 |
| IMG Worldwide Inc 18-May-2025 | 1.07 |
| CoreLogic Inc. 1L Gtd Sr. Secd Term Loan B 8.15% 02-Jun-2028 | 0.95 |
| Escape Velocity Holdings Inc. 1L Gtd Sr. Secd Term Loan 8.77% 10-Oct-2028 | 0.93 |
| IRB Holding Corp. Term Loan B 1L 7.45% 15-Dec-2027 | 0.85 |
| Dynacast International LLC Last Out Term Loan 0.00% 01-Oct-2025 | 0.82 |
| ZoomInfo LLC Term Loan B 1L 6.28% 28-Feb-2030 | 0.82 |
| Allied Universal Holdco LLC 1L Gtd Sr. Secd Term Loan B 8.46% 15-May-2028 | 0.81 |
AGF Floating Rate Income Fund Mutual Fund Series
Median
Other - Floating Rate Loan
| Standard Deviation | 3.18% | 6.84% | 5.36% |
|---|---|---|---|
| Beta | 0.25% | 0.62% | 0.39% |
| Alpha | 0.04% | 0.01% | 0.01% |
| Rsquared | 0.32% | 0.59% | 0.30% |
| Sharpe | 0.64% | 0.29% | 0.29% |
| Sortino | 1.18% | 0.21% | 0.04% |
| Treynor | 0.08% | 0.03% | 0.04% |
| Tax Efficiency | 61.85% | 57.16% | 49.15% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.26% | 3.18% | 6.84% | 5.36% |
| Beta | 0.00% | 0.25% | 0.62% | 0.39% |
| Alpha | 0.08% | 0.04% | 0.01% | 0.01% |
| Rsquared | 0.00% | 0.32% | 0.59% | 0.30% |
| Sharpe | 2.92% | 0.64% | 0.29% | 0.29% |
| Sortino | 21.11% | 1.18% | 0.21% | 0.04% |
| Treynor | -14.34% | 0.08% | 0.03% | 0.04% |
| Tax Efficiency | 67.51% | 61.85% | 57.16% | 49.15% |
| 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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