Desjardins Floating Rate Income A
DJT00024

This series of the mutual fund is not available for purchase through TD Direct Investing.
For information on the series available to TD Direct Investing clients, please see the summary page for DJT07024 and the Fund Facts.
  • NAV
    9.26
  • TODAY'S CHANGE (%)
    -0.02 (-0.22%)
  • Investment Style
    Small Cap Value
  • 52 Week Range
    9.26
    9.59
  • Distribution Yield
    3.39%
  • MER
    1.72
  • AUM
    141.2M
  • RRSP Eligibility
    Yes
  • Load Type
    No Load
  • Overall Morningstar Rating
    out of 712 funds

Search Criteria

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CompanyCountrySymbol

Performance

Graph. See accessible table below

Analyst Report

No reports available

Calendar Year Total Returns

YearFundBest-Fit IndexCategory
As of 2021-12-31
2020
-1.72%
+8.68%
+4.67%
2019
+8.98%
+6.87%
+8.82%
2018
-1.85%
+1.41%
-1.44%
2017
+6.50%
+2.52%
+4.32%
2016
+8.23%
+1.66%
+9.90%

Holdings Diversification

Asset Class
Fixed Income		77.6%
Cash		16.0%
Other		5.1%
US Equity		0.8%
Int'l Equity		0.6%
CDN Equity		0
Sectors
Financial Serv.s0.4%
Consumer Cyclical0.4%
Communication Services0.3%
Energy0.2%
Real Estate0.1%
Basic Mat.0
Consumer Defensive0
Healthcare0
Industrials0
Technology0
Utilities0
Geographic Region
United States		58.1%
Latin America		12.3%
Africa		0
Asia/Oceania		0
Canada		0
Europe		0
As of 2021-12-31

Top 10 Holdings

Company NamePositionAllocation
Allocation
1 Month Change
Market Value
Canada (Government of)
Long
4.3%
0.00%
$7.7M
Canada (Government of)
Long
3.5%
-18.18%
$6.3M
Canada (Government of)
Long
3.0%
0.00%
$5.3M
Canada (Government of)
Long
2.0%
---
$3.5M
Sequa, floating rate
Long
1.9%
0.00%
$3.3M
Eskom Holdings SOC Limited 6.75%
Long
1.5%
0.00%
$2.7M
Syniverse Holdings, floating rate
Long
1.5%
+18.30%
$2.7M
OI Movel
Long
1.5%
0.00%
$2.7M
Envision Healthcare, floating rate
Long
1.4%
0.00%
$2.5M
Wynn Macau Ltd 5.625%
Long
1.2%
0.00%
$2.1M
As of 2022-01-12
Fund Profile
Best Fit Index
FTSE Canada Universe Bond
Category
High Yield Fixed Income
Sponsor
Desjardins Global Asset Management Inc
Inception
May 12, 2014
As of 2021-12-31

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 instruments transactions to generate a floating rate income.

Holding Details
Total Net Assets$3.6M
Annual Portfolio Turnover82.62%
Equity Style
Small Cap Value
Credit Quality / Duration
---
Tax-Adjusted Rating
FUND IS OPEN TO NEW INVESTORS
Initial Investment(s)$1,000
Subsequent Investment(s)$25
Initial RRSP Investment(s)$1,000
Subsequent RRSP Investment(s)$25
Fees & Expenses
Maximum Initial Sales Fees---
Maximum Deferred Sales Fees---
Actual Management Fee1.35%
Actual Mgmt. Expense Ratio (MER)1.72%
Load TypeNo Load

Morningstar Ratings

Time HorizonStar Rating
Tax-Adjusted Rating
Overall
Out of 712 Funds
3 Year
Out of 712 Funds
5 Year
Out of 712 Funds
10 YearNot Rated---
As of 2021-12-31

Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar Rating) metrics.

Style Box is calculated only using the long position holdings of the portfolio.

Management & Contact

Contact Information

Desjardins Global Asset Management Inc
2 Complexe Desjardins PO Box 9000 Desjardins Station
Montreal QC Canada H5B 1H5
Tel: 800 361 6840
Portfolio Manager since March 31, 2017
Alfred Murata