CI High Yield Bond Fund

Series E USD
 

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 2024-06-28
$368.0 million
NAVPS
As at 2024-07-24
$6.7103
MER (%)
As at 2024-03-31
1.62
Management fee (%) 1.30
Asset class High Yield Bond
Currency USD
Minimum investment $100,000 initial/$5,000 additional
Distribution frequency Monthly
Last distribution $0.0321
Average Credit Rating BB-

Risk rating1

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

FUND CODES

E 17082
A ISC 2635
DSC SO* 3635
LL SO 1635
F 4635
I 5635
O 19082
P 90473
*No new purchases directly into switch only funds.

Performance2 As at 2024-06-30

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*
1.57% 0.45% 0.47% 1.57% 8.29% -1.47% 2.51% 1.73% 2.08%
*Since inception date

Distribution history3

Payable date Total
2024-06-21 0.0321
2024-05-24 0.0322
2024-04-26 0.0322
2024-03-22 0.0323
2024-02-23 0.0326
Payable date Total
2024-01-26 0.0327
2023-12-15 0.0329
2023-11-24 0.0323
2023-10-27 0.0317
2023-09-22 0.0326

FUND CHARACTERISTICS

Average Coupon % 6.19
Duration 3.04
Yield 7.44

RATING SUMMARY (%)

AAA 1.29
AA 0.07
A 0.25
BBB 20.37
BB 38.70
B 31.97
NR 4.84
Average Credit Rating BB-

*Corporate and Government bonds only.

CI High Yield Bond Fund

Series E USD
 
Portfolio allocations4 As at 2024-06-30
Asset allocation (%)
  • Foreign Corporate Bonds 69.43
  • Canadian Corporate Bonds 17.92
  • Canadian Equity 5.05
  • Cash and Equivalents 4.81
  • Foreign Government Bonds 1.25
  • Canadian Government Bonds 1.07
  • US Equity 0.52
  • International Equity 0.03
  • Other -0.08
Sector allocation (%)
  • Fixed Income 89.38
  • Cash and Cash Equivalent 4.81
  • Financial Services 3.00
  • Energy 0.82
  • Consumer Goods 0.62
  • Telecommunications 0.35
  • Consumer Services 0.29
  • Real Estate 0.29
  • Mutual Fund 0.28
  • Other 0.16
Geographic allocation(%)
  • United States 73.27
  • Canada 25.60
  • Cayman Islands 1.18
  • Bermuda 0.02
  • United Kingdom 0.01
  • Other -0.08
Top holdings
Sector (%)
1. Toronto-Dominion Bank - Pfd Sr 24 Banking 1.87%
2. Citigroup Inc 3.88% 18-May-2173 Fixed Income 1.72%
3. Royal Bank Of Canada 7.41% 24-Aug-2172 Fixed Income 1.63%
4. Cad Cash Sweep Cash and Cash Equivalent 1.55%
5. Fairfax India Holdings Corp 5.00% 26-Feb-2028 Fixed Income 1.40%
6. United States Treasury 3.88% 15-Aug-2033 Fixed Income 1.25%
7. Carnival Corp 6.00% 01-May-2029 Fixed Income 1.17%
8. Inter Pipeline Ltd 6.63% 19-Nov-2079 Fixed Income 1.16%
9. Inter Pipeline Ltd 6.88% 26-Mar-2079 Fixed Income 1.16%
10. Enbridge Inc 6.25% 01-Mar-2028 Fixed Income 1.11%
11. Venture Global Clcsieu Pss LLC 3.88% 01-Nov-2033 Fixed Income 1.09%
12. Enbridge Inc 6.00% 15-Jan-2027 Fixed Income 1.04%
13. Medline Borrower LP 3.88% 01-Apr-2029 Fixed Income 1.03%
14. Empire Communities Corp 9.75% 01-May-2029 Fixed Income 1.00%
15. Enerflex Ltd 9.00% 15-Oct-2027 Fixed Income 0.96%

Management team

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