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NBI Floating Rate Income Fund Advisor Series / DSC
Cdn Corp Fixed Income
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FundGrade A
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FundGrade A+® Rating Recipient
2025, 2024, 2018
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|
NAVPS (07-14-2026) |
$9.92 |
|---|---|
| Change |
$0.00
(0.03%)
|
As at June 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (January 08, 2014): 2.51%
| 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 | 0.22% | 1.28% | 1.61% | 1.61% | 4.29% | 5.52% | 6.90% | 5.74% | 3.70% | 4.89% | 3.85% | 3.12% | 2.99% | 3.32% |
| Benchmark | 0.26% | 1.97% | 2.23% | 2.23% | 4.36% | 6.17% | 6.36% | 5.70% | 2.35% | 2.08% | 2.69% | 3.23% | 3.02% | 2.97% |
| Category Average | 0.29% | 1.78% | 1.74% | 1.74% | 3.77% | 5.67% | 5.87% | 5.24% | 1.77% | 1.77% | 2.20% | 2.64% | - | - |
| Category Rank | 132 / 153 | 131 / 143 | 100 / 143 | 100 / 143 | 58 / 130 | 80 / 120 | 23 / 111 | 49 / 102 | 11 / 99 | 7 / 88 | 8 / 86 | 41 / 83 | 32 / 78 | 22 / 74 |
| Quartile Ranking | 4 | 4 | 3 | 3 | 2 | 3 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 2 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.78% | 0.27% | 0.57% | 0.45% | 0.22% | 0.33% | 0.47% | 0.24% | -0.37% | 0.50% | 0.56% | 0.22% |
| Benchmark | 0.04% | 0.18% | 1.54% | 0.68% | 0.27% | -0.63% | 0.89% | 1.16% | -1.77% | 0.41% | 1.29% | 0.26% |
Best Monthly Return Since Inception
3.92% (April 2020)
Worst Monthly Return Since Inception
-9.03% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.06% | 4.55% | -3.05% | 3.74% | 2.43% | 4.53% | -4.92% | 6.79% | 9.89% | 4.95% |
| Benchmark | 3.59% | 3.48% | 0.96% | 8.01% | 8.57% | -1.32% | -10.12% | 8.32% | 7.09% | 4.33% |
| Category Average | - | - | - | 7.34% | 7.62% | -1.82% | -10.25% | 7.57% | 6.68% | 4.15% |
| Quartile Ranking | 3 | 1 | 4 | 4 | 4 | 1 | 1 | 4 | 1 | 2 |
| Category Rank | 46/ 70 | 9/ 76 | 75/ 78 | 80/ 85 | 83/ 86 | 4/ 91 | 15/ 100 | 86/ 107 | 13/ 111 | 35/ 121 |
Best Calendar Return (Last 10 years)
9.89% (2024)
Worst Calendar Return (Last 10 years)
-4.92% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 85.19 |
| Canadian Equity | 8.14 |
| Cash and Equivalents | 2.37 |
| Canadian Bonds - Other | 1.78 |
| Foreign Corporate Bonds | 1.33 |
| Other | 1.19 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 89.35 |
| Financial Services | 2.63 |
| Energy | 2.51 |
| Cash and Cash Equivalent | 2.37 |
| Utilities | 1.74 |
| Other | 1.40 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.86 |
| Latin America | 0.14 |
Top Holdings
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 1.66 |
| Transcanada Pipelines Ltd 3.80% 05-Feb-2027 | 1.61 |
| Bank of Montreal 4.98% 03-Jul-2029 | 1.47 |
| Rogers Communications Inc 3.65% 31-Jan-2027 | 1.45 |
| Federation Csses Desjardins Qc 5.28% 15-May-2029 | 1.26 |
| Bank of America Corp 3.62% 16-Mar-2027 | 1.26 |
| Bank of Nova Scotia 4.68% 01-Feb-2029 | 1.22 |
| SmartCentres REIT 3.44% 28-Aug-2026 | 1.13 |
| Sun Life Financial Inc 2.58% 10-May-2027 | 1.10 |
| National Bank of Canada 3.52% 17-Jul-2028 | 1.08 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
NBI Floating Rate Income Fund Advisor Series / DSC
Median
Other - Cdn Corp Fixed Income
3 Yr Annualized
| Standard Deviation | 1.89% | 2.56% | 4.12% |
|---|---|---|---|
| Beta | 0.28 | 0.35 | 0.49 |
| Alpha | 0.05 | 0.03 | 0.02 |
| Rsquared | 0.36% | 0.46% | 0.34% |
| Sharpe | 1.69 | 0.28 | 0.35 |
| Sortino | 5.39 | 0.38 | 0.10 |
| Treynor | 0.11 | 0.02 | 0.03 |
| Tax Efficiency | 75.22% | 64.43% | 69.42% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.99% | 1.89% | 2.56% | 4.12% |
| Beta | 0.22 | 0.28 | 0.35 | 0.49 |
| Alpha | 0.03 | 0.05 | 0.03 | 0.02 |
| Rsquared | 0.46% | 0.36% | 0.46% | 0.34% |
| Sharpe | 1.90 | 1.69 | 0.28 | 0.35 |
| Sortino | 1.94 | 5.39 | 0.38 | 0.10 |
| Treynor | 0.09 | 0.11 | 0.02 | 0.03 |
| Tax Efficiency | 73.65% | 75.22% | 64.43% | 69.42% |
Fund Details
| Start Date | January 08, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $169 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NBC529 |
Investment Objectives
The NBI Floating Rate Income Fund’s investment objective is to generate interest income while minimizing the effects of interest-rate fluctuations. The fund invests directly, or through investments in securities of other mutual funds, in a portfolio composed mainly of fixed-rate Canadian bonds (either corporate, governmental or municipal) and/or preferred shares issued by North American companies and enters into derivatives transactions to generate a floating rate of income.
Investment Strategy
In accordance with the fund’s investment objectives, the portfolio manager determines the proportion of the fund’s assets that will be managed by the portfolio sub-advisor and the proportion that it will invest in one or more underlying funds.
Portfolio Management
| Portfolio Manager |
National Bank Trust Inc. |
|---|---|
| Sub-Advisor |
Fiera Capital Corporation
|
Management and Organization
| Fund Manager |
National Bank Investments Inc. |
|---|---|
| Custodian |
Natcan Trust Company |
| Registrar |
Natcan Trust Company |
| Distributor |
National Bank Investments Inc. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 500 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 1.31% |
|---|---|
| Management Fee | 1.05% |
| Load | Front Fee Only |
| FE Max | - |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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