PORTFOLIO MANAGEMENT
PERFORMANCE
CALENDAR RETURNS (%) As at 04/30/2024
| YTD | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| -0.4 | 7.1 | — | — | — | — | — | — | — |
COMPOUND RETURNS (%) As at 04/30/2024
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
|---|---|---|---|---|---|---|---|
| -0.9 | -0.1 | 5.5 | 3.0 | — | — | — | 5.7 |
ASSET
ALLOCATION
As at 04/30/2024
| value | holding |
|---|---|
| Investment Grade Bonds | |
| Government Bonds | |
| High yield bonds | |
| Cash, Short-Term Investments & Other Net Assets |
GEOGRAPHIC
ALLOCATION
As at 04/30/2024
| value | holding |
|---|---|
| Canada | |
| United States |
SECTOR
ALLOCATION
As at 04/30/2024
| value | holding |
|---|---|
| Financial | |
| Energy | |
| Industrial | |
| Federal | |
| Communications | |
| Real Estate | |
| Infrastructure |
TOP BOND HOLDINGS (%)
As at 04/30/2024
| Government of Canada, 0.50% Dec. 01 30 | 8.7 |
| Pembina Pipeline Corporation, 3.31% Feb. 01 30, Series 15 | 5.6 |
| Goldman Sachs Group, Inc. (The), 2.013% Feb. 28 29 | 5.2 |
| Rogers Communications Inc., 2.90% Dec. 09 30 | 5.1 |
| Bank of Montreal, 4.537% Dec. 18 28 | 4.8 |
| Wells Fargo & Company, 2.493% Feb. 18 27 | 4.8 |
| Bank of Nova Scotia (The), 4.680% Feb. 01 29 | 3.9 |
| Royal Bank Of Canada, 4.632% May 01 28 | 3.0 |
| Citigroup Inc, 5.070% Apr. 29 28 | 3.0 |
| Capital Power Corporation, 3.147% Oct. 01 32 | 2.9 |
| Total allocation in top holdings | 47.0 |
TOP 10 ISSUERS (%)
As at 04/30/2024
| col1 | col2 |
|---|---|
| Bank of Nova Scotia | 9.7 |
| Pembina Pipeline | 9.3 |
| TD | 9.2 |
| Government of Canada | 8.8 |
| Rogers Communication | 8.6 |
| Goldman Sachs Group | 5.9 |
| Bank of Montreal | 4.8 |
| Wells Fargo | 4.7 |
| Tourmaline Oil Corp. | 3.4 |
| Bank of America Corp. | 3.3 |
| Total allocation in top holdings | 67.8 |
FIXED INCOME CHARACTERISTICS
| Yield to Maturity (%) | 4.97 |
| Current yield (%) | 3.25 |
| Duration (years) | 4.24 |
| Credit Duration (years) | 3.66 |
| Average credit rating | A- |
| Weighted Average Price ($) | 91.97 |
| Average Coupon (%) | 3.04 |
CREDIT QUALITY
As at 04/30/2024
| col1 | col12 | col3 |
|---|---|---|
| AAA 9.0% | BBB 49.0% | CCC 0.0% |
| AA 1.8% | BB 4.7% | CC 0.0% |
| A 35.5% | B 0.0% | NR 0.0% |
HISTORICAL DISTRIBUTIONS ($/unit)
| 2024 Apr | Mar | Feb | Jan | 2023 Dec | Nov | Oct | Sep | Aug | Jul | Jun | May |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.0750 | 0.0750 | 0.0750 | 0.0750 | 0.0750 | 0.0750 | 0.0750 | 0.0750 | 0.0750 | 0.0750 | 0.0750 | 0.0750 |
- 1. for the period ended December 31, 2023.
- 2. Distribution Reinvestment Plan (āDRIPā) is available, allowing investors to reinvest cash distributions, provided that the Advisorās brokerage firm supports participation in the DRIP. Cash distributions are declared at the sole discretion of the manager and are not guaranteed.
- 3. All investments involve risk. The value of the Fund can go down as well as up and you could lose money. The Manager has rated the risk of this Fund based on industry standard risk rating guidelines. For more information about the specific risks of this Fund and its risk rating, see the fundās prospectus, including the disclosure under the headings "Risk Factors" and "Risk Ratings of the Funds".
- . Commissions, management fees and expenses all may be associated with mutual fund investments, including ETFs. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or operational charges or income taxes payable by any securityholder that would have reduced returns. Mutual Funds funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated.
- . The information herein does not constitute specific advice regarding your personal investment situation or provide specific individual advice about investment, financial, legal, accounting, tax or similar matters. Please contact your financial advisor on your particular circumstances.
- . Dynamic FundsĀ® is a registered trademark of its owner, used under license and a division of 1832 Asset Management L.P.
- . The Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses, were deducted. As a result of the risks and limitations inherent in hypothetical performance data, hypothetical results may differ from actual performance.