CI Floating Rate Income Fund

TSX TICKER : CFRT
 

Fund overview

The fund’s objective is to generate income by investing in floating rate debt instruments of issuers located anywhere in the world. The fund will also purchase fixed-income debt instruments and money market securities of domestic and foreign issuers.

Fund details

description of elementelement value
Inception date April 2022
Total net assets ($CAD)
As at 2026-07-10
$4.1 million
NAVPS
As at 2026-07-10
$20.6834
MER (%)
As at 2026-03-31
0.57
Management fee (%) 0.35
Units outstanding
As at 2026-07-10
200,000
Asset class Floating Rate Loan
Currency CAD
CUSIP 17163R107
Distribution frequency Monthly
Last distribution $0.0911
Average Credit Rating BB

Risk rating1

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

Investor suitability

For those who:
  • want to receive income
  • are investing for the medium term
  • can tolerate low to medium risk

Performance2 As at 2026-06-30

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*
2.40% 0.34% 1.84% 2.40% 4.83% 6.92% - - 6.21%
*Since inception date

Distribution history3

Ex-Date Total
2026-06-24 0.0911
2026-05-22 0.0799
2026-04-24 0.0949
2026-03-25 0.0917
2026-02-23 0.0748
Ex-Date Total
2026-01-26 0.0600
2025-12-23 0.0948
2025-11-24 0.0853
2025-10-27 0.0978
2025-09-23 0.0962

FUND CHARACTERISTICS

Duration 0.45
Yield 5.91

RATING SUMMARY (%)

AAA 1.58
AA 0.09
A 2.63
BBB 24.88
BB 49.38
B 19.02
CCC 0.09
NR 2.32
Average Credit Rating BB

CI Floating Rate Income Fund

TSX TICKER : CFRT
 
Portfolio allocations4 As at 2026-06-30
Asset allocation (%)
  • Foreign Corporate Bonds 70.17
  • Cash and Equivalents 12.27
  • Canadian Corporate Bonds 8.31
  • Canadian Equity 3.64
  • Foreign Bonds - Other 3.23
  • Foreign Government Bonds 1.67
  • Mortgages 0.49
  • US Equity 0.26
  • Other -0.04
Sector allocation (%)
  • Fixed Income 83.42
  • Cash and Cash Equivalent 12.27
  • Telecommunications 1.80
  • Financial Services 0.83
  • Real Estate 0.81
  • Energy 0.46
  • Technology 0.45
  • Other -0.04
Geographic allocation(%)
  • United States 85.61
  • Canada 14.42
  • United Kingdom 0.01
  • Other -0.04
Top holdings6
Sector (%)
1. AVOLON 9/24 B6 TL 0.00% 03-Oct-2030 Fixed Income 1.96%
2. Genworth Financial Inc 6.59% 15-Nov-2066 Fixed Income 1.85%
3. Janus Henderson AAA CLO ETF (JAAA) Fixed Income 1.75%
4. Invesco Senior Loan ETF (BKLN) Fixed Income 1.73%
5. Everest Reinsurance Hldgs Inc 6.97% 29-Jun-2025 Cash and Cash Equivalent 1.72%
6. BLACKFIN PIPELINE 10/25 COV - LITE TLB 0.00% 29-Sep-2032 Fixed Income 1.64%
7. USB REALTY CORP 144A 5.08% 31-Dec-2049 Fixed Income 1.63%
8. CHARTER COMM 11/24 TLB 0.00% 15-Dec-2031 Fixed Income 1.60%
9. TRANSDIGM 9/25 TLB 0.00% 22-Mar-2030 Fixed Income 1.59%
10. WESTJET AIRLINES 1/24 TL 0.00% 14-Feb-2031 Fixed Income 1.59%
11. QUIKRETE 2/25 CL TLB4 0.00% 10-Feb-2032 Fixed Income 1.57%
12. AIR CANADA 3/24TLB 0.00% 17-Mar-2031 Fixed Income 1.46%
13. BLACKSTONE CQP 1/26 TLB 0.00% 31-Dec-2032 Fixed Income 1.43%
14. MEDLINE INDUSTRIES TLB 0.00% 16-May-2033 Fixed Income 1.43%
15. Energy Transfer LP 7.56% 29-Jun-2025 Cash and Cash Equivalent 1.42%

Management team

First we'll display the Team Company and then the Team members
Geof Marshall
Darren Arrowsmith
Brad Benson
Over 35,000 financial advisors have chosen CI Global Asset Management as a partner. We believe that Canadians have the best opportunity for investments success by using the services of a professional financial advisor. Learn more at ci.com.