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IA Clarington Loomis Floating Rate Income Fund Series A

Floating Rate Loan

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(08-12-2025)
$7.77
Change
$0.00 (0.02%)

As at July 31, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jul 2014Jul 2015Jul 2016Jul 2017Jul 2018Jul 2019Jul 2020Jul 2021Jul 2022Jul 2023Jul 2024Jul 2025Oct 2022Jan 2023Apr 2023Oct 2023Jan 2024Apr 2024Oct 2024Jan 2025Apr 2025Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025$10,000$11,000$12,000$13,000$9,000$9,600$9,800$10,200$10,400$10,600$10,800Period

Legend

IA Clarington Loomis Floating Rate Income Fund Series A

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Fund Returns

Inception Return (November 11, 2013): 1.99%

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 0.59% 1.69% -1.27% -0.98% 1.36% 1.63% 2.48% 0.81% 1.81% 0.63% 1.27% 1.31% 1.59% 1.54%
Benchmark -0.61% 3.35% 7.86% 9.60% 12.97% 13.66% 16.89% 8.22% 7.42% 6.55% 5.66% 5.47% 5.66% 5.42%
Category Average 0.62% 2.51% 0.89% 1.38% 4.43% 6.10% 6.08% 3.69% 4.52% 3.03% 3.07% 3.15% 3.47% 3.20%
Category Rank 64 / 76 74 / 76 66 / 76 72 / 76 75 / 76 74 / 75 74 / 75 73 / 74 73 / 74 68 / 69 65 / 66 65 / 66 56 / 57 52 / 53
Quartile Ranking 4 4 4 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Fund 0.43% 0.21% 0.52% 0.70% 0.48% 0.29% -0.38% -2.20% -0.35% 1.02% 0.09% 0.59%
Benchmark 0.46% 1.62% 0.99% -1.53% 1.52% 1.61% 0.58% 3.62% 0.14% 0.79% 3.17% -0.61%

Best Monthly Return Since Inception

2.18% (November 2020)

Worst Monthly Return Since Inception

-9.52% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-10%-5%0%5%10%15%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.87% 6.45% 2.37% 0.44% 6.12% -0.96% 2.06% -4.63% 6.32% 1.96%
Benchmark 11.20% 4.59% 6.15% 2.81% 1.22% 5.27% -0.97% -0.86% 14.42% 11.13%
Category Average -0.88% 8.41% 4.02% 0.32% 6.37% -0.22% 4.16% -4.30% 9.97% 6.92%
Quartile Ranking 2 4 3 3 2 4 4 3 4 4
Category Rank 24/ 53 41/ 54 42/ 57 45/ 66 32/ 68 56/ 74 72/ 74 47/ 74 74/ 75 75/ 76

Best Calendar Return (Last 10 years)

6.45% (2016)

Worst Calendar Return (Last 10 years)

-4.63% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 77.01
Cash and Equivalents 13.25
Foreign Bonds - Other 3.87
US Equity 2.56
Foreign Bonds - Funds 2.08
Other 1.23

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 83.36
Cash and Cash Equivalent 13.25
Industrial Services 0.73
Technology 0.43
Financial Services 0.37
Other 1.86

Geographic Allocation

Geographic Allocation
Name Percent
North America 92.27
Multi-National 2.08
Other 5.65

Top Holdings

Top Holdings
Name Percent
United States Dollar 10.83
Cannabist Co Holdings Inc/The (USD) 9.25% 31-Dec-2028 2.41
Benefit Street Prtnrs CLO Ltd 20-Apr-2038 2.12
MF213 US FLOAT RT INC FD CL 2.08
AIMCO CLO Ltd 10.27% 20-Apr-2037 1.75
AYR Wellness Canada Holdings Inc. (USD) 13.00% 10-Dec-2026 1.57
TRANSDIGM INC, Term Loan 1.42
Canadian Dollar 1.18
Invesco Senior Loan ETF (BKLN) 1.13
CROWN SUBSEA COMMUNICATI, Term Loan 1.11

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return1234567-2%0%2%4%6%8%10%12%14%

IA Clarington Loomis Floating Rate Income Fund Series A

Median

Other - Floating Rate Loan

3 Yr Annualized

Standard Deviation 3.12% 3.17% 4.16%
Beta 0.09% 0.18% 0.30%
Alpha 0.01% 0.01% 0.00%
Rsquared 0.03% 0.13% 0.28%
Sharpe -0.48% -0.22% -0.03%
Sortino -0.19% -0.44% -0.37%
Treynor -0.16% -0.04% 0.00%
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 2.89% 3.12% 3.17% 4.16%
Beta -0.34% 0.09% 0.18% 0.30%
Alpha 0.06% 0.01% 0.01% 0.00%
Rsquared 0.35% 0.03% 0.13% 0.28%
Sharpe -0.63% -0.48% -0.22% -0.03%
Sortino -0.62% -0.19% -0.44% -0.37%
Treynor 0.05% -0.16% -0.04% 0.00%
Tax Efficiency - - - -

Fund Details

Start Date November 11, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $307

Fund Codes

FundServ Code Load Code Sales Status
CCM9940
CCM9941
CCM9942

Investment Objectives

The Fund’s objective is to provide unitholders with a stream of current monthly income by investing primarily in senior floating rate loans, other floating rate securities and debt obligations of investment grade and noninvestment grade North American and global corporate issuers. The fundamental investment objective may only be changed with the approval of a majority of Securityholders at a meeting called for that purpose.

Investment Strategy

The Fund: will invest in floating rate debt instruments that pay interest, at a margin or spread above a reference base lending rate (often the London Interbank Offered Rate or LIBOR or some other benchmark rate), resulting in higher payments to investors as the benchmark interest rate increases (and lower payments if the benchmark rate decreases).

Portfolio Management

Portfolio Manager

iA Global Asset Management Inc.

Sub-Advisor

Loomis Sayles & Company, L.P.

Management and Organization

Fund Manager

IA Clarington Investments Inc.

Custodian

CIBC Mellon Trust Company

Registrar

IA Clarington Investments Inc.

Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 0
SWP Min Withdrawal 100

Fees

MER 1.85%
Management Fee 1.45%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.60%
Trailer Fee Max (DSC) 0.60%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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