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Desjardins Floating Rate Income Fund A Class
Multi-Sector Fixed Income
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FundGrade A
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FundGrade A+® Rating Recipient
2025, 2024, 2023
Click for more information on Fundata’s FundGrade
|
NAVPS (07-24-2026) |
$9.15 |
|---|---|
| Change |
$0.00
(-0.04%)
|
As at June 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (May 12, 2014): 3.23%
| 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 | 0.61% | 2.89% | 1.50% | 1.50% | 6.48% | 6.93% | 8.26% | 8.26% | 4.77% | 5.97% | 4.10% | 4.07% | 3.80% | 4.44% |
| Benchmark | 2.52% | 3.06% | 3.70% | 3.70% | 6.25% | 7.75% | 7.57% | 6.70% | 2.41% | 1.24% | 2.24% | 2.74% | 2.70% | 2.60% |
| Category Average | 0.22% | 1.64% | 0.96% | 0.96% | 3.79% | 4.89% | 4.93% | - | - | - | - | - | - | - |
| Category Rank | 65 / 320 | 47 / 320 | 113 / 315 | 113 / 315 | 41 / 308 | 50 / 283 | 28 / 273 | 21 / 272 | 24 / 254 | 17 / 235 | 40 / 220 | 42 / 204 | 41 / 179 | 31 / 154 |
| Quartile Ranking | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.12% | 0.66% | 0.79% | 0.90% | 0.53% | 0.81% | 0.00% | -0.14% | -1.21% | 1.60% | 0.65% | 0.61% |
| Benchmark | 0.41% | 0.79% | 2.27% | 0.61% | -0.13% | -1.47% | -0.26% | 1.58% | -0.69% | -1.08% | 1.62% | 2.52% |
Best Monthly Return Since Inception
3.32% (November 2020)
Worst Monthly Return Since Inception
-14.99% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 8.24% | 6.50% | -1.85% | 8.98% | -1.72% | 3.40% | -4.03% | 9.76% | 9.75% | 7.24% |
| Benchmark | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% | 9.76% | 4.31% |
| Category Average | - | - | - | - | - | - | - | - | 3.89% | 5.80% |
| Quartile Ranking | 2 | 1 | 3 | 2 | 4 | 1 | 1 | 1 | 1 | 1 |
| Category Rank | 47/ 119 | 20/ 166 | 128/ 192 | 82/ 213 | 223/ 234 | 48/ 247 | 22/ 255 | 24/ 273 | 31/ 282 | 39/ 299 |
Best Calendar Return (Last 10 years)
9.76% (2023)
Worst Calendar Return (Last 10 years)
-4.03% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 60.71 |
| Foreign Government Bonds | 15.17 |
| Cash and Equivalents | 11.43 |
| Foreign Bonds - Other | 8.19 |
| Derivatives | 2.36 |
| Other | 2.14 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 86.15 |
| Cash and Cash Equivalent | 11.43 |
| Real Estate | 0.03 |
| Consumer Services | 0.01 |
| Other | 2.38 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 56.80 |
| Europe | 21.56 |
| Latin America | 7.48 |
| Asia | 3.40 |
| Africa and Middle East | 1.84 |
| Other | 8.92 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Government 09-Sep-2026 | 5.94 |
| United States Treasury 3.88% 30-Apr-2030 | 3.62 |
| RD Michigan Property Owner I, P.P 7.50% 30-Mar-2045 | 1.69 |
| Brazil Government 01-Apr-2027 | 1.63 |
| Cash and Cash Equivalents | 1.59 |
| Cogent Communications Grp LLC 7.00% 15-Jun-2027 | 1.59 |
| Beignet Investor, P.P. 6.58% 30-May-2049 | 1.33 |
| Eurosail, Series 2007-1X, Class C1A, Mezzanine 2.84% 13-Dec-2041 | 1.26 |
| QatarEnergy 4.63% 23-Jun-2029 | 1.19 |
| DISH DBS Corp 5.25% 01-Dec-2026 | 1.16 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Desjardins Floating Rate Income Fund A Class
Median
Other - Multi-Sector Fixed Income
3 Yr Annualized
| Standard Deviation | 2.76% | 4.07% | 6.36% |
|---|---|---|---|
| Beta | 0.22 | 0.28 | 0.06 |
| Alpha | 0.06 | 0.04 | 0.04 |
| Rsquared | 0.13% | 0.17% | 0.00% |
| Sharpe | 1.62 | 0.44 | 0.42 |
| Sortino | 3.60 | 0.59 | 0.29 |
| Treynor | 0.21 | 0.06 | 0.42 |
| Tax Efficiency | 60.97% | 38.02% | 48.35% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.46% | 2.76% | 4.07% | 6.36% |
| Beta | 0.01 | 0.22 | 0.28 | 0.06 |
| Alpha | 0.06 | 0.06 | 0.04 | 0.04 |
| Rsquared | 0.00% | 0.13% | 0.17% | 0.00% |
| Sharpe | 1.62 | 1.62 | 0.44 | 0.42 |
| Sortino | 2.17 | 3.60 | 0.59 | 0.29 |
| Treynor | 2.72 | 0.21 | 0.06 | 0.42 |
| Tax Efficiency | 51.46% | 60.97% | 38.02% | 48.35% |
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) | $237 |
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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