Try Fund Library Premium
For Free with a 30 day trial!
Floating Rate Loan
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-16-2025) |
$9.06 |
|---|---|
| Change |
$0.01
(0.12%)
|
As at April 30, 2025
As at April 30, 2025
Inception Return (May 01, 2012): 2.91%
| 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 | -1.34% | -2.51% | -0.17% | -1.61% | 2.90% | 6.03% | 5.54% | 4.27% | 5.88% | 3.20% | 3.01% | 2.87% | 3.36% | 2.81% |
| Benchmark | 0.14% | 4.36% | 6.01% | 6.05% | 13.32% | 11.58% | 12.83% | 7.78% | 8.77% | 5.59% | 4.92% | 4.72% | 5.80% | 5.74% |
| Category Average | -0.59% | -1.59% | 0.25% | -1.10% | 3.21% | 5.86% | 4.12% | 3.25% | 5.24% | 2.70% | 2.79% | 2.97% | 3.45% | 2.93% |
| Category Rank | 66 / 77 | 56 / 77 | 59 / 77 | 56 / 77 | 62 / 77 | 57 / 76 | 28 / 76 | 31 / 75 | 40 / 75 | 36 / 70 | 36 / 67 | 38 / 60 | 39 / 56 | 39 / 54 |
| Quartile Ranking | 4 | 3 | 4 | 3 | 4 | 3 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.49% | 0.02% | 1.03% | 0.16% | 0.42% | 0.92% | 0.95% | 0.51% | 0.92% | -0.21% | -0.98% | -1.34% |
| Benchmark | 1.58% | -0.30% | 2.37% | 0.46% | 1.62% | 0.99% | -1.53% | 1.52% | 1.61% | 0.58% | 3.62% | 0.14% |
3.76% (April 2020)
-12.59% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -3.06% | 10.00% | 2.38% | -2.49% | 6.71% | -0.53% | 3.04% | -0.64% | 10.36% | 7.72% |
| Benchmark | 11.20% | 4.59% | 6.15% | 2.81% | 1.22% | 5.27% | -0.97% | -0.86% | 14.42% | 11.13% |
| Category Average | -0.88% | 8.41% | 4.02% | 0.32% | 6.37% | -0.22% | 4.16% | -4.30% | 9.97% | 6.92% |
| Quartile Ranking | 4 | 2 | 3 | 4 | 2 | 2 | 4 | 2 | 2 | 3 |
| Category Rank | 52/ 54 | 20/ 55 | 41/ 58 | 65/ 67 | 23/ 69 | 37/ 75 | 63/ 75 | 24/ 75 | 33/ 76 | 53/ 77 |
10.36% (2023)
-3.06% (2015)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 92.43 |
| Cash and Equivalents | 5.98 |
| Canadian Corporate Bonds | 1.47 |
| Foreign Government Bonds | 0.12 |
| Name | Percent |
|---|---|
| Fixed Income | 94.02 |
| Cash and Cash Equivalent | 5.98 |
| Name | Percent |
|---|---|
| North America | 96.39 |
| Europe | 1.97 |
| Asia | 0.54 |
| Multi-National | 0.26 |
| Other | 0.84 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 5.06 |
| AssuredPartners Inc. 1L Gtd Sr. Secd Term Loan B5 7.82% 14-Feb-2031 | 1.15 |
| CoreLogic Inc. 1L Gtd Sr. Secd Term Loan B 7.94% 02-Jun-2028 | 0.95 |
| Escape Velocity Holdings Inc. 1L Gtd Sr. Secd Term Loan 8.79% 10-Oct-2028 | 0.92 |
| Allied Universal Holdco LLC 1L Gtd Sr. Secd Term Loan B 8.18% 15-May-2028 | 0.82 |
| ZoomInfo LLC Term Loan B 1L 6.04% 28-Feb-2030 | 0.81 |
| Medline Borrower LP Term Loan B 1L 6.57% 23-Oct-2028 | 0.79 |
| Polaris Newco LLC 1L Gtd Sr. Secd Term Loan B 8.54% 05-Jun-2028 | 0.77 |
| TopBuild Corp 4.13% 15-Feb-2032 | 0.76 |
| Peraton Corp 4.50% 01-Feb-2028 | 0.76 |
AGF Floating Rate Income Fund Mutual Fund Series
Median
Other - Floating Rate Loan
| Standard Deviation | 3.27% | 3.21% | 5.37% |
|---|---|---|---|
| Beta | 0.21% | 0.25% | 0.40% |
| Alpha | 0.03% | 0.04% | 0.01% |
| Rsquared | 0.18% | 0.26% | 0.30% |
| Sharpe | 0.47% | 1.05% | 0.23% |
| Sortino | 1.07% | 1.41% | -0.02% |
| Treynor | 0.07% | 0.14% | 0.03% |
| Tax Efficiency | 57.55% | 68.77% | 43.60% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.66% | 3.27% | 3.21% | 5.37% |
| Beta | -0.06% | 0.21% | 0.25% | 0.40% |
| Alpha | 0.04% | 0.03% | 0.04% | 0.01% |
| Rsquared | 0.01% | 0.18% | 0.26% | 0.30% |
| Sharpe | -0.31% | 0.47% | 1.05% | 0.23% |
| Sortino | -0.05% | 1.07% | 1.41% | -0.02% |
| Treynor | 0.13% | 0.07% | 0.14% | 0.03% |
| Tax Efficiency | 13.62% | 57.55% | 68.77% | 43.60% |
| Start Date | May 01, 2012 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $32 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| AGF4076 | ||
| AGF4176 | ||
| AGF4276 |
The Fund’s objective is to provide a high level of current income by investing primarily in senior floating rate loans and other floating rate debt securities of companies domiciled in the U.S.
As a portfolio manager of the Fund, Credit Suisse Asset Management, LLC (“CSAM”) has an investment philosophy grounded in fundamental credit analysis of senior loans and high yield bonds. This bottom-up investment approach is complemented by continuous relative value analysis within a capital structure and across issuers.
| Portfolio Manager |
AGF Investments Inc. Credit Suisse Asset Management, LLC |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
AGF Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
AGF Investments Inc. |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 500 |
| SWP Min Withdrawal | 25 |
| MER | 1.97% |
|---|---|
| Management Fee | 1.45% |
| Load | Choice of Front or No Load |
| FE Max | 6.00% |
| DSC Max | 5.50% |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
Try Fund Library Premium
For Free with a 30 day trial!
Fund Library
