CI DoubleLine Total Return Bond US$ Fund

Series A USD
 

Fund overview

The fund’s investment objective is to seek to maximize total return by primarily investing in securitized investments and other fixed income securities issued by the U.S. government or other issuers.

Fund details

description of elementelement value
Inception date May 2020
CAD Total net assets ($CAD)
As at 2023-03-31
$157.5 million
NAVPS
As at 2024-03-27
$8.2956
MER (%)
As at 2023-09-30
1.38
Management fee (%) 1.10
Asset class Global Fixed Income
Currency USD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0278

Risk rating1

  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High

FUND CODES

A ISC 2076
DSC SO* 3176
LL SO 3076
F 4076
I 5076
P 90276
*No new purchases directly into switch only funds.

Performance2 As at 2024-02-29

Growth of $10,000 (Since inception date)

growth of 10k graph

Calendar year performance

annual performance graph

average annual compound returns

YTD 1 Mo 3 Mo 6 Mo 1 Y 3 Y 5 Y 10 Y Inception*
-1.15% -0.95% 2.86% 2.44% 2.84% -3.53% - - -2.31%
*Since inception date

Distribution history3

Payable date Total
2024-03-22 0.0278
2024-02-23 0.0302
2024-01-26 0.0221
2023-12-15 0.0348
2023-11-24 0.0204
Payable date Total
2023-10-27 0.0301
2023-09-22 0.0291
2023-08-25 0.0238
2023-07-28 0.0312
2023-06-23 0.0261

Management team

First we'll display the Team Company and then the Team members
DoubleLine Capital LP
DoubleLine Capital LP’s (“DoubleLine”) is an independent, employee-owned money management firm with over US$150 billion in combined assets under management invested across a wide array of investment strategies. The firm’s fixed-income portfolio management team averages 23 years of industry experience and 17 years of working together and have managed fixed income portfolios through numerous credit and market cycles.
Jeffrey Gundlach
Andrew Hsu
Ken Shinoda

CI DoubleLine Total Return Bond US$ Fund

Series A USD
 
Portfolio allocations4 As at 2024-02-29
Asset allocation (%)
  • Mortgages 70.70
  • Foreign Government Bonds 14.04
  • Foreign Bonds - Other 8.36
  • Cash and Equivalents 4.82
  • Foreign Corporate Bonds 2.13
  • Other -0.05
Sector allocation (%)
  • Fixed Income 95.23
  • Cash and Cash Equivalent 4.82
  • Other -0.05
Geographic allocation(%)
  • United States 100.22
  • Cayman Islands 0.08
  • Other -0.05
  • Canada -0.25
Top holdings
Sector (%)
1. UNITED STATES TREASURY NOTE/BOND 4.25% 15-Feb-2054 Fixed Income 13.73%
2. Federal National Mrtgage Assoc 3.00% 01-Oct-2046 Fixed Income 2.13%
3. Federal Home Loan Mrtgage Corp 3.00% 01-Jun-2051 Fixed Income 2.02%
4. FREDDIE MAC POOL 6.00% 01-Oct-2053 Fixed Income 1.95%
5. Federal National Mrtgage Assoc 2.50% 01-Dec-2050 Fixed Income 1.89%
6. Federal National Mrtgage Assoc 3.50% 01-Feb-2051 Fixed Income 1.79%
7. Federal National Mrtgage Assoc 2.50% 01-Sep-2031 Fixed Income 1.79%
8. Federal Home Loan Mrtg Corp 3.00% 25-Nov-2049 Fixed Income 1.73%
9. Federal National Mrtgage Assoc 4.03% 01-Nov-2030 Fixed Income 1.70%
10. Federal Home Loan Mrtgage Corp 4.00% 01-Jan-2053 Fixed Income 1.69%
11. Morgan Stanley ABS Captl I Inc 5.97% 25-Dec-2036 Fixed Income 1.65%
12. First Franklin Mrtg Loan Trust 5.91% 25-Mar-2037 Fixed Income 1.61%
13. Federal Home Loan Mrtgage Corp 2.50% 01-Oct-2050 Fixed Income 1.60%
14. Federal Home Loan Mrtg Corp 1.75% 25-Feb-2052 Fixed Income 1.34%
15. Nomura Resecuritization Trust 3.90% 26-May-2037 Fixed Income 1.30%
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