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High Yield Fixed Income
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NAVPS (05-08-2024) |
$11.23 |
---|---|
Change |
$0.00
(0.03%)
|
As at April 30, 2024
As at December 31, 2023
Inception Return (July 12, 2007): 5.89%
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 | 0.38% | 2.26% | 8.46% | 3.09% | 9.23% | 5.00% | 2.68% | 5.70% | 4.07% | 4.11% | 4.04% | 5.42% | 4.50% | 4.52% |
Benchmark | 0.55% | 3.28% | 8.20% | 4.71% | 10.33% | 8.77% | 3.34% | 4.51% | 3.12% | 4.18% | 3.35% | 5.49% | 5.30% | 5.68% |
Category Average | -0.89% | 7.31% | 7.31% | 0.67% | 5.97% | 2.75% | 0.05% | 3.63% | 1.99% | 2.26% | 2.19% | 3.04% | 2.44% | 2.45% |
Category Rank | 24 / 291 | 30 / 291 | 77 / 291 | 47 / 291 | 56 / 285 | 59 / 282 | 41 / 272 | 73 / 265 | 36 / 259 | 42 / 240 | 32 / 227 | 25 / 193 | 23 / 182 | 18 / 168 |
Quartile Ranking | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.53% | 0.38% | 1.28% | 0.05% | -0.16% | -0.29% | 2.24% | 2.91% | 0.81% | 0.72% | 1.14% | 0.38% |
Benchmark | -1.13% | -0.73% | 1.08% | 2.51% | -1.32% | 1.59% | 2.42% | 0.89% | 1.39% | 1.87% | 0.83% | 0.55% |
5.33% (March 2016)
-8.05% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 3.96% | -2.99% | 17.51% | 5.97% | 0.73% | 6.29% | 7.49% | 4.68% | -4.76% | 8.08% |
Benchmark | 8.91% | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% |
Category Average | 2.69% | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% |
Quartile Ranking | 2 | 3 | 1 | 2 | 1 | 4 | 1 | 2 | 1 | 3 |
Category Rank | 57/ 165 | 92/ 175 | 14/ 192 | 57/ 220 | 32/ 232 | 224/ 257 | 39/ 264 | 100/ 266 | 22/ 276 | 208/ 285 |
17.51% (2016)
-4.76% (2022)
Name | Percent |
---|---|
Canadian Corporate Bonds | 80.77 |
Foreign Corporate Bonds | 11.77 |
Cash and Equivalents | 6.17 |
Canadian Government Bonds | 1.29 |
Name | Percent |
---|---|
Fixed Income | 93.83 |
Cash and Cash Equivalent | 6.17 |
Name | Percent |
---|---|
North America | 100.00 |
Name | Percent |
---|---|
Brookfield Props Retl Hldg LLC 5.75% 15-May-2026 | 7.28 |
Royal Bank of Canada 4.50% 24-Oct-2025 | 5.18 |
Bank of Nova Scotia 7.02% 27-Jun-2027 | 4.87 |
Bank of Montreal 4.30% 26-Oct-2025 | 4.33 |
Brookfield Proprty Finance ULC 7.13% 13-Feb-2028 | 4.26 |
Rogers Communications Inc 5.00% 17-Dec-2081 | 4.21 |
Inter Pipeline Ltd 6.88% 26-Mar-2079 | 4.09 |
Royal Bank of Canada 4.00% 24-Jan-2026 | 4.00 |
Inter Pipeline Ltd 6.63% 19-Nov-2079 | 3.14 |
Toronto-Dominion Bank 7.28% 01-Oct-2027 | 2.92 |
Phillips, Hager & North High Yield Bond Fund Series F
Median
Other - High Yield Fixed Income
Standard Deviation | 3.80% | 5.33% | 4.91% |
---|---|---|---|
Beta | 0.39% | 0.58% | 0.35% |
Alpha | 0.01% | 0.02% | 0.03% |
Rsquared | 0.50% | 0.59% | 0.24% |
Sharpe | -0.01% | 0.40% | 0.64% |
Sortino | -0.11% | 0.27% | 0.43% |
Treynor | 0.00% | 0.04% | 0.09% |
Tax Efficiency | 25.03% | 52.29% | 53.32% |
Volatility |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 3.56% | 3.80% | 5.33% | 4.91% |
Beta | 0.32% | 0.39% | 0.58% | 0.35% |
Alpha | 0.06% | 0.01% | 0.02% | 0.03% |
Rsquared | 0.16% | 0.50% | 0.59% | 0.24% |
Sharpe | 1.16% | -0.01% | 0.40% | 0.64% |
Sortino | 5.60% | -0.11% | 0.27% | 0.43% |
Treynor | 0.13% | 0.00% | 0.04% | 0.09% |
Tax Efficiency | 77.83% | 25.03% | 52.29% | 53.32% |
Start Date | July 12, 2007 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Fee Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Quarterly |
Assets ($mil) | $9,201 |
FundServ Code | Load Code | Sales Status |
---|---|---|
PHN5280 | ||
RBF5280 |
The fundamental investment objectives of the Fund are to provide a high level of income and the opportunity for capital appreciation by investing primarily in a well-diversified portfolio of fixed-income securities issued by Canadian and/or foreign corporations and governments.
To achieve the Fund’s investment objectives, we invest primarily in medium quality Canadian and/or foreign corporate bonds, convertible bonds, preferred shares and government bonds issued or traded in Canadian and U.S. dollars. In addition, we may also invest in asset-backed commercial paper. The average term to maturity of the portfolio is managed within strict guidelines, typically between three and 13 years.
Name | Start Date |
---|---|
Hanif Mamdani | 12-08-2020 |
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 |
RSP Eligible | Yes |
---|---|
PAC Allowed | Yes |
PAC Initial Investment | 500 |
PAC Subsequent | 100 |
SWP Allowed | Yes |
SWP Min Balance | 10,000 |
SWP Min Withdrawal | 100 |
MER | 0.88% |
---|---|
Management Fee | 0.75% |
Load | No Load |
FE Max | - |
DSC Max | - |
Trailer Fee Max (FE) | - |
Trailer Fee Max (DSC) | - |
Trailer Fee Max (NL) | 0.00% |
Trailer Fee Max (LL) | - |
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