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Desjardins Floating Rate Income Fund A Class

Multi-Sector Fixed Income

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2023

Click for more information on Fundata’s FundGrade

NAVPS
(07-25-2025)
$9.18
Change
$0.01 (0.05%)

As at June 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025$8,000$10,000$12,000$14,000$16,000$11,000$13,000Period

Legend

Desjardins Floating Rate Income Fund A Class

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Fund Returns

Inception Return (May 12, 2014): 2.95%

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 1.15% 1.03% 2.22% 2.22% 7.37% 9.16% 8.86% 4.34% 5.86% 3.71% 3.73% 3.47% 4.22% 3.53%
Benchmark 1.36% -0.99% 1.81% 1.81% 9.27% 8.23% 6.85% 1.47% 0.26% 1.58% 2.25% 2.26% 2.20% 3.08%
Category Average 1.33% 1.67% 2.91% 2.91% 6.01% 5.51% - - - - - - - -
Category Rank 205 / 318 224 / 318 195 / 313 195 / 313 83 / 299 32 / 289 14 / 288 22 / 270 21 / 251 40 / 236 47 / 219 45 / 194 28 / 169 42 / 126
Quartile Ranking 3 3 3 3 2 1 1 1 1 1 1 1 1 2

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.17% 0.79% 1.06% 0.85% 0.61% 0.46% 1.09% 0.59% -0.50% -1.32% 1.22% 1.15%
Benchmark 3.56% -0.33% 1.97% 0.33% 0.96% 0.67% 1.41% 1.02% 0.37% -1.88% -0.45% 1.36%

Best Monthly Return Since Inception

3.32% (November 2020)

Worst Monthly Return Since Inception

-14.99% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%15%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -3.32% 8.24% 6.50% -1.85% 8.98% -1.72% 3.40% -4.03% 9.76% 9.75%
Benchmark 16.14% 1.29% 1.23% 6.50% 4.01% 7.35% -4.31% -10.27% 5.25% 9.76%
Category Average - - - - - - - - - 3.89%
Quartile Ranking 4 2 1 3 2 4 1 1 1 1
Category Rank 101/ 116 47/ 134 21/ 181 138/ 207 81/ 228 234/ 250 49/ 263 29/ 271 24/ 289 32/ 298

Best Calendar Return (Last 10 years)

9.76% (2023)

Worst Calendar Return (Last 10 years)

-4.03% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 44.72
Cash and Equivalents 27.29
Foreign Government Bonds 17.03
Foreign Bonds - Other 3.67
Mortgages 3.22
Other 4.07

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 70.58
Cash and Cash Equivalent 27.29
Real Estate 0.02
Telecommunications 0.01
Consumer Services 0.00
Other 2.10

Geographic Allocation

Geographic Allocation
Name Percent
North America 63.19
Europe 22.64
Latin America 6.87
Africa and Middle East 2.58
Asia 1.43
Other 3.29

Top Holdings

Top Holdings
Name Percent
Canada Government 27-Aug-2025 23.97
United States Treasury 29-Jul-2025 7.11
Federal National Mrtgage Assoc 6.50% 15-Jul-2024 5.01
United States Treasury 3.88% 30-Apr-2030 4.24
Vmed 02 UK Financing I 5.63% 15-Apr-2032 1.95
Canada Government 10-Sep-2025 1.52
Eurosail, Series 2007-1X, Class C1A, Mezzanine 2.39% 13-Dec-2041 1.50
MARKIT CDX.NA.HY.44 06/30 2I65BRAD4 5.00% 20-Jun-2030 1.48
AmSurg 1.43
Bausch & Lomb 5.94% 15-Jan-2031 1.23

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 Return3456789101112-2%0%2%4%6%8%10%12%

Desjardins Floating Rate Income Fund A Class

Median

Other - Multi-Sector Fixed Income

3 Yr Annualized

Standard Deviation 3.68% 4.42% 6.69%
Beta 0.25% 0.24% -0.01%
Alpha 0.07% 0.06% 0.04%
Rsquared 0.14% 0.12% 0.00%
Sharpe 1.25% 0.75% 0.29%
Sortino 2.60% 0.94% 0.12%
Treynor 0.18% 0.14% -1.40%
Tax Efficiency 62.79% 54.91% 40.11%
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 2 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 2.66% 3.68% 4.42% 6.69%
Beta 0.36% 0.25% 0.24% -0.01%
Alpha 0.04% 0.07% 0.06% 0.04%
Rsquared 0.40% 0.14% 0.12% 0.00%
Sharpe 1.43% 1.25% 0.75% 0.29%
Sortino 2.40% 2.60% 0.94% 0.12%
Treynor 0.11% 0.18% 0.14% -1.40%
Tax Efficiency 49.82% 62.79% 54.91% 40.11%

Fund Details

Start Date May 12, 2014
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $197

Fund Codes

FundServ Code Load Code Sales Status
DJT00024

Investment Objectives

The objective of the Fund is to provide a high income while minimizing the effects of interest rate fluctuations. The Fund invests primarily in floating-rate and fixed-rate debt securities of issuers throughout the world and enters into derivative instrument transactions to generate a floating rate income.

Investment Strategy

The management of the Fund is entrusted to a sub-manager who combines a top-down analysis for asset allocation, with a bottom-up analysis for security selection. The Fund invests primarily in global credit markets including, without limitation, investment-grade corporate bonds, high-yield corporate bonds and emerging market bonds, which provide higher income than government bonds from developed markets, like Government of Canada and US Treasury bonds.

Portfolio Management

Portfolio Manager

Desjardins Global Asset Management Inc.

Sub-Advisor

Pacific Investment Management Co LLC (PIMCO)

Management and Organization

Fund Manager

Desjardins Investments Inc.

Custodian

Desjardins Trust Inc.

Registrar

Desjardins Investments Inc.

Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 1,000
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 1,000
SWP Min Withdrawal 100

Fees

MER 1.54%
Management Fee 1.19%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.50%
Trailer Fee Max (LL) -

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