Desjardins Floating Rate Income A
DJT00024

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For information on the eligible mutual fund available to TD Direct Investing clients, please see the summary page for DJT07024 and the Fund Facts.
  • NAV
    8.71
  • TODAY'S CHANGE (%)
    0.01 (0.06%)
  • Investment Style
    Small Cap Value
  • 52 Week Range
    8.34
    9.48
  • Distribution Yield
    3.84%
  • MER
    1.72
  • AUM
    104.4M
  • RRSP Eligibility
    Yes
  • Load Type
    No Load
  • Overall Morningstar Rating
    out of 641 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 2022-07-31
2021
+3.40%
-2.54%
+3.54%
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%

Holdings Diversification

Asset Class
Fixed Income		76.6%
Cash		18.3%
Other		3.0%
US Equity		1.3%
Int'l Equity		0.9%
CDN Equity		0
Sectors
Consumer Cyclical0.8%
Financial Serv.s0.4%
Communication Services0.3%
Energy0.3%
Real Estate0.1%
Basic Mat.0
Consumer Defensive0
Healthcare0
Industrials0
Technology0
Utilities0
Geographic Region
United States		57.3%
Europe		13.9%
Latin America		12.5%
Africa		0
Canada		0
Asia/Oceania		0
As of 2022-07-31

Top 10 Holdings

Company NamePositionAllocation
Allocation
1 Month Change
Market Value
Canada (Government of)
Long
11.6%
0.00%
$15.5M
Canada (Government of)
Long
2.6%
---
$3.5M
Canada (Government of)
Long
2.2%
0.00%
$2.9M
Eskom Holdings SOC Limited 6.75%
Long
2.0%
0.00%
$2.6M
Eurosail-UK 2007-1NC PLC 0.158%
Long
1.6%
---
$2.2M
Wynn Macau Ltd 5.625%
Long
1.3%
0.00%
$1.8M
Doric Nimrod Air Alpha 2013-1 5.25%
Long
1.3%
0.00%
$1.8M
Peru LNG S.R.L. 5.375%
Long
1.3%
0.00%
$1.7M
Fremont Home Loan Trust 2.874%
Long
1.3%
0.00%
$1.7M
Wesco Aircraft Holdings Inc. 10.5%
Long
1.3%
0.00%
$1.7M
As of 2022-08-10
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 2022-07-31

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$4.9M
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 641 Funds
3 Year
Out of 641 Funds
5 Year
Out of 641 Funds
10 YearNot Rated---
As of 2022-07-31

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