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Dynamic High Yield Bond Fund Series A
High Yield Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-14-2026) |
$1.48 |
|---|---|
| Change |
$0.00
(0.06%)
|
As at June 30, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (December 31, 1995): 2.61%
| 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 | 0.13% | 2.06% | 1.40% | 1.40% | 4.09% | 4.97% | 6.63% | 6.78% | 2.37% | 4.62% | 3.14% | 3.37% | 2.95% | 3.54% |
| Benchmark | 2.93% | 4.53% | 5.26% | 5.26% | 9.62% | 10.56% | 11.83% | 12.00% | 6.19% | 6.01% | 5.66% | 5.81% | 5.54% | 6.21% |
| Category Average | 0.09% | 2.19% | 1.64% | 1.64% | 4.58% | 6.07% | 6.70% | 6.25% | 2.52% | 3.98% | 3.29% | 3.45% | 3.22% | 3.69% |
| Category Rank | 180 / 253 | 134 / 252 | 128 / 250 | 128 / 250 | 142 / 245 | 190 / 242 | 141 / 235 | 124 / 232 | 156 / 229 | 111 / 218 | 152 / 212 | 132 / 197 | 141 / 185 | 129 / 169 |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.34% | 0.93% | 0.68% | 0.15% | 0.31% | 0.22% | 0.45% | 0.20% | -1.29% | 1.40% | 0.52% | 0.13% |
| Benchmark | 1.52% | 0.80% | 2.13% | 0.55% | -0.09% | -0.80% | -0.26% | 0.83% | 0.13% | -0.18% | 1.73% | 2.93% |
Best Monthly Return Since Inception
9.64% (November 2002)
Worst Monthly Return Since Inception
-13.67% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 8.01% | 4.27% | -3.53% | 9.66% | 3.79% | 5.42% | -11.29% | 11.10% | 6.20% | 5.27% |
| Benchmark | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% | 5.59% |
| Category Average | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% | 5.98% |
| Quartile Ranking | 4 | 3 | 3 | 3 | 3 | 2 | 4 | 2 | 4 | 3 |
| Category Rank | 146/ 168 | 129/ 176 | 123/ 187 | 133/ 211 | 146/ 217 | 68/ 222 | 191/ 229 | 62/ 235 | 195/ 241 | 133/ 242 |
Best Calendar Return (Last 10 years)
11.10% (2023)
Worst Calendar Return (Last 10 years)
-11.29% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 51.08 |
| Canadian Corporate Bonds | 36.16 |
| Cash and Equivalents | 6.25 |
| Foreign Government Bonds | 5.13 |
| Foreign Bonds - Other | 0.95 |
| Other | 0.43 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 93.33 |
| Cash and Cash Equivalent | 6.26 |
| Other | 0.41 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.95 |
| Other | 0.05 |
Top Holdings
| Name | Percent |
|---|---|
| USD OVERNIGHT DEPOSIT 0.00% 01-May-2026 | 4.59 |
| United States Treasury 3.88% 30-Jun-2030 | 4.41 |
| S33488327 Cds Usd R F 5.0 3633488327_Fee Ccpcdx 5.00% 20-Jun-2031 | 4.15 |
| Sunoco LP 4.50% 01-Oct-2029 | 3.09 |
| PennyMac Financial Servics Inc 5.75% 15-Sep-2031 | 2.08 |
| Precision Drilling Corp 6.88% 15-Jan-2029 | 1.98 |
| Wolf Midstream Canada LP 6.40% 18-Jul-2029 | 1.84 |
| Coeur Mining Inc 5.13% 15-Feb-2029 | 1.81 |
| SECURE Waste Infrastructure Co 6.75% 22-Mar-2029 | 1.80 |
| Athabasca Oil Corp 6.75% 09-Aug-2029 | 1.74 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Dynamic High Yield Bond Fund Series A
Median
Other - High Yield Fixed Income
3 Yr Annualized
| Standard Deviation | 3.83% | 6.44% | 7.23% |
|---|---|---|---|
| Beta | 0.30 | 0.68 | 0.72 |
| Alpha | 0.03 | -0.02 | -0.01 |
| Rsquared | 0.12% | 0.41% | 0.39% |
| Sharpe | 0.78 | -0.06 | 0.25 |
| Sortino | 1.88 | -0.09 | 0.13 |
| Treynor | 0.10 | -0.01 | 0.03 |
| Tax Efficiency | 60.37% | - | 25.14% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.20% | 3.83% | 6.44% | 7.23% |
| Beta | 0.03 | 0.30 | 0.68 | 0.72 |
| Alpha | 0.04 | 0.03 | -0.02 | -0.01 |
| Rsquared | 0.00% | 0.12% | 0.41% | 0.39% |
| Sharpe | 0.78 | 0.78 | -0.06 | 0.25 |
| Sortino | 0.67 | 1.88 | -0.09 | 0.13 |
| Treynor | 0.63 | 0.10 | -0.01 | 0.03 |
| Tax Efficiency | 42.12% | 60.37% | - | 25.14% |
Fund Details
| Start Date | December 31, 1995 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $633 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DYN3105 | ||
| DYN3315 | ||
| DYN3415 | ||
| DYN3515 | ||
| DYN435 | ||
| DYN7028 | ||
| DYN9005 | ||
| DYN9105 | ||
| DYN9405 | ||
| DYN9605 | ||
| DYN9705 | ||
| DYN9805 |
Investment Objectives
Dynamic High Yield Bond Fund seeks to achieve above average interest income and the potential for some long-term capital growth by investing primarily in high yield corporate bonds or other income-producing securities. Before a fundamental change is made to the investment objective of the Fund, the prior approval of unitholders is required. This approval must be given by a resolution passed by a majority of the votes cast at a meeting of unitholders.
Investment Strategy
The portfolio advisor: will focus primarily on corporate bonds and debt obligations that, typically, are rated BB+ and below by a recognized North American bond-rating agency. The Fund also may invest in corporate bonds that may have gone into default. The Fund may also invest in other fixed income securities. Will primarily focus on North American companies of all capitalizations in all industry sectors.
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
1832 Asset Management L.P. |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
1832 Asset Management L.P. |
| Distributor |
1832 Asset Management L.P. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 100 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 1.93% |
|---|---|
| Management Fee | 1.50% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | 0.75% |
| Trailer Fee Max (DSC) | 0.75% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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