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Desjardins Floating Rate Income Fund A Class
Multi-Sector Fixed Income
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FundGrade A
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FundGrade A+® Rating Recipient
2025, 2024, 2023
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|
NAVPS (08-21-2026) |
$9.21 |
|---|---|
| Change |
$0.01
(0.11%)
|
As at July 31, 2026
As at July 31, 2026
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Legend
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Fund Returns
Inception Return (May 12, 2014): 3.22%
| 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 | 0.17% | 1.44% | 1.68% | 1.68% | 5.49% | 6.40% | 7.86% | 7.94% | 4.94% | 5.61% | 4.00% | 3.93% | 3.73% | 4.25% |
| Benchmark | -1.95% | 2.16% | 1.94% | 1.68% | 3.75% | 4.85% | 6.76% | 5.64% | 1.63% | 0.56% | 1.88% | 2.57% | 2.72% | 2.22% |
| Category Average | -0.89% | -0.13% | -0.37% | 0.05% | 2.70% | 3.51% | 4.45% | - | - | - | - | - | - | - |
| Category Rank | 11 / 321 | 32 / 321 | 38 / 317 | 57 / 316 | 23 / 314 | 20 / 284 | 25 / 273 | 15 / 273 | 19 / 254 | 15 / 238 | 35 / 220 | 40 / 204 | 42 / 179 | 26 / 155 |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.66% | 0.79% | 0.90% | 0.53% | 0.81% | 0.00% | -0.14% | -1.21% | 1.60% | 0.65% | 0.61% | 0.17% |
| Benchmark | 0.79% | 2.27% | 0.61% | -0.13% | -1.47% | -0.26% | 1.58% | -0.69% | -1.08% | 1.62% | 2.52% | -1.95% |
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 | 47/ 119 | 20/ 166 | 128/ 192 | 82/ 213 | 223/ 234 | 48/ 247 | 22/ 255 | 24/ 273 | 31/ 282 | 39/ 299 |
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 | 54.74 |
| Cash and Equivalents | 18.24 |
| Foreign Government Bonds | 16.71 |
| Foreign Bonds - Other | 5.26 |
| Derivatives | 3.01 |
| Other | 2.04 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 78.51 |
| Cash and Cash Equivalent | 18.24 |
| Real Estate | 0.03 |
| Consumer Services | 0.01 |
| Other | 3.21 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 59.22 |
| Europe | 21.55 |
| Latin America | 6.48 |
| Asia | 2.12 |
| Africa and Middle East | 2.02 |
| Other | 8.61 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Treasury Bills | 7.29 |
| Canada Government 09-Sep-2026 | 5.82 |
| United States Treasury 3.88% 30-Apr-2030 | 3.48 |
| Canada Treasury Bills | 2.88 |
| Brazil Government 01-Apr-2027 | 1.63 |
| RD Michigan Property Owner I, P.P 7.50% 30-Mar-2045 | 1.57 |
| Cogent Communications Grp LLC 7.00% 15-Jun-2027 | 1.53 |
| Eurosail, Series 2007-1X, Class C1A, Mezzanine 2.84% 13-Dec-2041 | 1.23 |
| Beignet Investor, P.P. 6.58% 30-May-2049 | 1.22 |
| QatarEnergy 4.63% 23-Jun-2029 | 1.15 |
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 | 2.75% | 4.04% | 6.34% |
|---|---|---|---|
| Beta | 0.22 | 0.29 | 0.06 |
| Alpha | 0.06 | 0.04 | 0.04 |
| Rsquared | 0.14% | 0.19% | 0.00% |
| Sharpe | 1.52 | 0.48 | 0.39 |
| Sortino | 3.33 | 0.65 | 0.25 |
| Treynor | 0.19 | 0.07 | 0.43 |
| Tax Efficiency | 59.21% | 40.29% | 46.03% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.40% | 2.75% | 4.04% | 6.34% |
| Beta | 0.04 | 0.22 | 0.29 | 0.06 |
| Alpha | 0.05 | 0.06 | 0.04 | 0.04 |
| Rsquared | 0.01% | 0.14% | 0.19% | 0.00% |
| Sharpe | 1.29 | 1.52 | 0.48 | 0.39 |
| Sortino | 1.55 | 3.33 | 0.65 | 0.25 |
| Treynor | 0.73 | 0.19 | 0.07 | 0.43 |
| Tax Efficiency | 43.65% | 59.21% | 40.29% | 46.03% |
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) | $242 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DJT00024 |
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) | - |
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