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Phillips, Hager & North Monthly Income Fund Series D

Canadian Neutral Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-17-2024)
$10.51
Change
$0.01 (0.10%)

As at March 31, 2024

As at December 31, 2023

As at February 29, 2024

Period
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Legend

Phillips, Hager & North Monthly Income Fund Series D

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Fund Returns

Inception Return (December 31, 2009): 6.18%

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 1.76% 3.92% 12.82% 3.92% 9.93% 2.93% 6.39% 10.73% 6.90% 6.64% 5.70% 6.41% 5.38% 5.39%
Benchmark 2.49% 3.02% 11.45% 3.02% 8.50% 2.25% 4.35% 8.81% 5.72% 5.93% 5.33% 5.97% 4.90% 5.27%
Category Average 1.86% 11.41% 11.41% 3.77% 8.76% 2.37% 3.43% 7.70% 4.72% 4.57% 4.21% 4.68% 3.79% 4.24%
Category Rank 312 / 447 282 / 447 68 / 445 282 / 447 165 / 436 197 / 417 35 / 394 58 / 383 55 / 372 42 / 362 66 / 349 64 / 337 64 / 304 101 / 292
Quartile Ranking 3 3 1 3 2 2 1 1 1 1 1 1 1 2

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 2.11% -3.43% 1.83% 0.61% -1.14% -2.45% -1.90% 6.19% 4.21% 0.58% 1.53% 1.76%
Benchmark 2.00% -3.45% 1.83% 0.93% -0.84% -3.01% -1.57% 6.01% 3.69% -0.31% 0.82% 2.49%

Best Monthly Return Since Inception

7.07% (November 2020)

Worst Monthly Return Since Inception

-10.72% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 7.52% -3.80% 13.27% 4.96% -5.36% 13.72% 5.43% 16.58% -4.83% 9.31%
Benchmark 9.98% -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43%
Category Average 7.98% 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27%
Quartile Ranking 3 4 1 3 3 2 3 1 1 2
Category Rank 205/ 291 261/ 304 54/ 336 260/ 349 258/ 360 162/ 370 245/ 379 65/ 394 19/ 414 162/ 434

Best Calendar Return (Last 10 years)

16.58% (2021)

Worst Calendar Return (Last 10 years)

-5.36% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 60.13
Canadian Government Bonds 16.06
Canadian Corporate Bonds 14.14
Income Trust Units 4.02
Foreign Corporate Bonds 3.18
Other 2.47

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 33.74
Financial Services 23.85
Energy 10.33
Industrial Services 8.22
Real Estate 4.47
Other 19.39

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.77
Latin America 2.22
Europe 0.04
Other -0.03

Top Holdings

Top Holdings
Name Percent
RBC High Yield Bond Fund Series O 5.31
PH&N High Yield Bond Fund Series O 4.37
Enbridge Inc 3.39
Toronto-Dominion Bank 3.30
Royal Bank of Canada 3.29
Canadian National Railway Co 2.97
Canada Government 3.25% 01-Sep-2028 2.85
Canadian Pacific Kansas City Ltd 2.85
Bank of Montreal 2.44
Brookfield Corp Cl A 2.41

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Phillips, Hager & North Monthly Income Fund Series D

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 9.40% 10.19% 8.23%
Beta 0.96% 0.97% 0.97%
Alpha 0.02% 0.01% 0.00%
Rsquared 0.94% 0.95% 0.93%
Sharpe 0.43% 0.52% 0.51%
Sortino 0.59% 0.59% 0.46%
Treynor 0.04% 0.05% 0.04%
Tax Efficiency 68.14% 70.62% 59.71%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.60% 9.40% 10.19% 8.23%
Beta 0.99% 0.96% 0.97% 0.97%
Alpha 0.01% 0.02% 0.01% 0.00%
Rsquared 0.97% 0.94% 0.95% 0.93%
Sharpe 0.54% 0.43% 0.52% 0.51%
Sortino 1.32% 0.59% 0.59% 0.46%
Treynor 0.05% 0.04% 0.05% 0.04%
Tax Efficiency 79.61% 68.14% 70.62% 59.71%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date December 31, 2009
Instrument Type Mutual Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,662

Fund Codes

FundServ Code Load Code Sales Status
PHN660
RBF1660

Investment Objectives

The fundamental investment objectives of the Fund are to provide a relatively high monthly income that may consist of dividend income, interest income, realized capital gains and a return of capital, with the potential for modest capital growth, by investing in a well-diversified balanced portfolio of income-producing equity securities, including but not limited to, common shares of Canadian companies that pay dividends and income trusts, and fixed-income securities.

Investment Strategy

To achieve the Fund’s investment objectives, we: invest primarily in income-producing equity securities such as dividend-paying Canadian common shares and income trusts and fixed-income securities such as preferred shares, government and corporate bonds, debentures and notes, asset backed commercial paper, mortgage-backed securities and other income-generating securities.

Portfolio Manager(s)

Name Start Date
Scott Lysakowski 12-29-2009
02-22-2021
Ryan Grant 02-22-2021

Management and Organization

Fund Manager RBC Global Asset Management Inc.
Advisor RBC Global Asset Management Inc.
Custodian RBC Investor Services Trust (Canada)
Registrar RBC Global Asset Management Inc.
Distributor Phillips, Hager & North Investment Funds Ltd.
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 1.08%
Management Fee 0.90%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.25%
Trailer Fee Max (LL) -

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