Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
Desjardins Floating Rate Income Fund A Class
Multi-Sector Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade A
Click for more information on Fundata’s FundGrade.
FundGrade A+® Rating Recipient
2025, 2024, 2023
Click for more information on Fundata’s FundGrade
|
NAVPS (11-03-2026) |
$9.01 |
|---|---|
| Change |
-$0.01
(-0.11%)
|
As at September 30, 2026
As at September 30, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (May 12, 2014): 3.18%
| 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 | -0.52% | 0.20% | 3.09% | 1.70% | 3.99% | 5.43% | 7.81% | 8.16% | 4.78% | 5.49% | 4.20% | 3.91% | 3.67% | 4.06% |
| Benchmark | -0.48% | -3.06% | -0.10% | 0.52% | -0.49% | 3.41% | 6.74% | 5.90% | 1.35% | 0.52% | 1.47% | 2.56% | 2.53% | 1.96% |
| Category Average | -2.08% | -2.71% | -1.12% | -1.78% | -1.04% | 1.39% | 4.56% | - | - | - | - | - | - | - |
| Category Rank | 28 / 296 | 13 / 295 | 8 / 294 | 23 / 289 | 14 / 287 | 15 / 262 | 17 / 255 | 13 / 247 | 15 / 229 | 13 / 221 | 24 / 201 | 37 / 182 | 39 / 159 | 24 / 134 |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Monthly Return
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.90% | 0.53% | 0.81% | 0.00% | -0.14% | -1.21% | 1.60% | 0.65% | 0.61% | 0.17% | 0.55% | -0.52% |
| Benchmark | 0.61% | -0.13% | -1.47% | -0.26% | 1.58% | -0.69% | -1.08% | 1.62% | 2.52% | -1.95% | -0.66% | -0.48% |
Best Monthly Return Since Inception
3.32% (November 2020)
Worst Monthly Return Since Inception
-14.99% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 8.24% | 6.50% | -1.85% | 8.98% | -1.72% | 3.40% | -4.03% | 9.76% | 9.75% | 7.24% |
| Benchmark | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% | 9.76% | 4.31% |
| Category Average | - | - | - | - | - | - | - | - | 3.89% | 5.80% |
| Quartile Ranking | 2 | 1 | 3 | 2 | 4 | 1 | 1 | 1 | 1 | 1 |
| Category Rank | 43/ 110 | 19/ 145 | 116/ 171 | 83/ 191 | 207/ 210 | 44/ 221 | 19/ 229 | 24/ 247 | 25/ 256 | 36/ 273 |
Best Calendar Return (Last 10 years)
9.76% (2023)
Worst Calendar Return (Last 10 years)
-4.03% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 52.67 |
| Cash and Equivalents | 21.68 |
| Foreign Government Bonds | 15.39 |
| Foreign Bonds - Other | 4.40 |
| Derivatives | 3.70 |
| Other | 2.16 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 74.08 |
| Cash and Cash Equivalent | 21.68 |
| Real Estate | 0.02 |
| Consumer Services | 0.01 |
| Other | 4.21 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 58.93 |
| Europe | 20.64 |
| Latin America | 6.21 |
| Asia | 3.69 |
| Africa and Middle East | 2.85 |
| Other | 7.68 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Government 0.00% 07-Oct-2026 | 6.80 |
| United States Treasury 3.88% 30-Apr-2030 | 3.21 |
| Canada Government 0.00% 02-Dec-2026 | 3.03 |
| Canada Government 0.00% 21-Oct-2026 | 2.69 |
| RFR USD SOFR 3.75 09/17/2025 7Y LCH | 2.28 |
| Canada Government 0.00% 04-Nov-2026 | 2.11 |
| Canada Government 0.00% 16-Dec-2026 | 1.61 |
| Brazil Government 01-Apr-2027 | 1.60 |
| Canada Government 0.00% 18-Nov-2026 | 1.50 |
| RD Michigan Property Owner I, P.P 7.50% 30-Mar-2045 | 1.41 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Desjardins Floating Rate Income Fund A Class
Median
Other - Multi-Sector Fixed Income
3 Yr Annualized
| Standard Deviation | 2.80% | 4.06% | 6.33% |
|---|---|---|---|
| Beta | 0.26 | 0.29 | 0.06 |
| Alpha | 0.06 | 0.04 | 0.04 |
| Rsquared | 0.17% | 0.19% | 0.00% |
| Sharpe | 1.53 | 0.42 | 0.35 |
| Sortino | 3.16 | 0.59 | 0.22 |
| Treynor | 0.16 | 0.06 | 0.40 |
| Tax Efficiency | 59.30% | 38.39% | 43.55% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.53% | 2.80% | 4.06% | 6.33% |
| Beta | 0.02 | 0.26 | 0.29 | 0.06 |
| Alpha | 0.04 | 0.06 | 0.04 | 0.04 |
| Rsquared | 0.00% | 0.17% | 0.19% | 0.00% |
| Sharpe | 0.68 | 1.53 | 0.42 | 0.35 |
| Sortino | 0.55 | 3.16 | 0.59 | 0.22 |
| Treynor | 0.82 | 0.16 | 0.06 | 0.40 |
| Tax Efficiency | 26.56% | 59.30% | 38.39% | 43.55% |
Fund Details
| Start Date | May 12, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $260 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DJT00024 | NL | Open |
Investment Objectives
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 instrument transactions to generate a floating rate income.
Investment Strategy
The management of the Fund is entrusted to a sub-manager who combines a top-down analysis for asset allocation, with a bottom-up analysis for security selection. The Fund invests primarily in global credit markets including, without limitation, investment-grade corporate bonds, high-yield corporate bonds and emerging market bonds, which provide higher income than government bonds from developed markets, like Government of Canada and US Treasury bonds.
Portfolio Management
| Portfolio Manager |
Desjardins Global Asset Management Inc. |
|---|---|
| Sub-Advisor |
Pacific Investment Management Co LLC (PIMCO)
|
Management and Organization
| Fund Manager |
Desjardins Investments Inc. |
|---|---|
| Custodian |
Desjardins Trust Inc. |
| Registrar |
Desjardins Investments Inc. |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 1,000 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 1,000 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 1.54% |
|---|---|
| Management Fee | 1.19% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.50% |
| Trailer Fee Max (LL) | - |
Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
