CI High Yield Bond Fund

Series A CAD
 

Fund overview

The fund invests in high-yield corporate bonds and other income-producing securities throughout the world.

Fund details

description of elementelement value
Inception date July 2013
CAD Total net assets ($CAD)
As at 2025-04-29
$377.0 million
NAVPS
As at 2025-05-15
$9.4395
MER (%)
As at 2024-09-30
1.73
Management fee (%) 1.35
Asset class High Yield Bond
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0400
Average Credit Rating BB-

Risk rating1

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

FUND CODES

A ISC 2634
DSC SO* 3634
LL SO 1634
E 16082
EF 15082
F 4634
I 5634
O 18082
P 90173
*No new purchases directly into switch only funds.

Performance2 As at 2025-04-30

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*
-0.95% -1.44% -1.91% 0.42% 6.04% 5.02% 5.85% 3.83% 4.45%
*Since inception date

Distribution history3

Payable date Total
2025-04-25 0.0400
2025-03-28 0.0400
2025-02-21 0.0400
2025-01-24 0.0400
2024-12-13 0.0400
Payable date Total
2024-11-22 0.0400
2024-10-25 0.0400
2024-09-27 0.0400
2024-08-23 0.0400
2024-07-26 0.0400

CI PREFERRED PRICING4

Investment amount Combined fee reduction
$100,000 - $500,000 0.00%
$500,000 - $1,000,000 0.00%
$1,000,000 - $2,500,000 0.13%
$2,500,000 - $5,000,000 0.18%
$5,000,000 and above 0.25%

FUND CHARACTERISTICS

Average Coupon % 6.56
Duration 3.31
Yield 7.52

RATING SUMMARY (%)

BBB 17.09
BB 47.59
B 30.21
NR 3.75
Average Credit Rating BB-

*Corporate and Government bonds only.

CI High Yield Bond Fund

Series A CAD
 
Portfolio allocations5 As at 2025-04-30
Asset allocation (%)
  • Foreign Corporate Bonds 73.47
  • Canadian Corporate Bonds 17.30
  • Cash and Equivalents 5.01
  • Canadian Government Bonds 1.56
  • Canadian Equity 1.25
  • US Equity 0.94
  • Foreign Bonds - Other 0.47
  • International Equity 0.01
  • Other -0.01
Sector allocation (%)
  • Fixed Income 92.29
  • Cash and Cash Equivalent 5.01
  • Financial Services 0.66
  • Consumer Goods 0.59
  • Consumer Services 0.51
  • Real Estate 0.33
  • Energy 0.32
  • Mutual Fund 0.28
  • Healthcare 0.01
Geographic allocation(%)
  • United States 74.94
  • Canada 22.36
  • Cayman Islands 1.40
  • Luxembourg 1.29
  • United Kingdom 0.01
Top holdings6
Sector (%)
1. Boeing Co 3.75% 01-Aug-2049 Fixed Income 1.91%
2. CASH Cash and Cash Equivalent 1.78%
3. Royal Bank Of Canada 7.41% 24-Aug-2173 Fixed Income 1.65%
4. Fairfax India Holdings Corp 5.00% 26-Feb-2028 Fixed Income 1.32%
5. Venture Global Lng Inc 9.00% 30-Mar-2173 Fixed Income 1.23%
6. Enbridge Inc 6.25% 01-Mar-2028 Fixed Income 1.14%
7. Altagas Ltd 7.20% 15-Oct-2054 Fixed Income 1.10%
8. Hilton Domestic Oprtng Co Inc 5.88% 15-Mar-2033 Fixed Income 1.06%
9. Enbridge Inc 6.00% 15-Jan-2027 Fixed Income 1.05%
10. Medline Borrower LP 3.88% 01-Apr-2029 Fixed Income 1.05%
11. RHP Hotel Properties LP 6.50% 01-Apr-2032 Fixed Income 1.05%
12. Barclays Bank Plc 6.28% 15-Dec-2171 Fixed Income 1.00%
13. Toronto-Dominion Bank 5.75% PERP Fixed Income 0.99%
14. Canada Goose Inc Term Loan B 7.94% 07-Oct-2027 Fixed Income 0.97%
15. Empire Communities Corp 9.75% 01-May-2029 Fixed Income 0.96%

Management team

First we'll display the Team Company and then the Team members
Geof Marshall
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.