CI High Yield Bond Fund

Series F 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 2025-06-27
$373.5 million
NAVPS
As at 2025-07-11
$9.3591
MER (%)
As at 2025-03-31
0.88
Management fee (%) 0.60
Asset class High Yield Bond
Currency CAD
Minimum investment $500 initial/$25 additional
Distribution frequency Monthly
Last distribution $0.0480
Average Credit Rating BB-

Risk rating1

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

FUND CODES

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

Performance2 As at 2025-06-30

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*
2.56% 1.39% 1.83% 2.56% 8.18% 9.53% 6.43% 4.98% 5.58%
*Since inception date

Distribution history3

Payable date Total
2025-06-27 0.0480
2025-05-23 0.0480
2025-04-25 0.0480
2025-03-28 0.0480
2025-02-21 0.0480
Payable date Total
2025-01-24 0.0480
2024-12-13 0.0480
2024-11-22 0.0480
2024-10-25 0.0480
2024-09-27 0.0480

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 % 6.63
Duration 3.13
Yield 6.95

RATING SUMMARY (%)

BBB 17.51
BB 46.41
B 29.74
NR 4.66
Average Credit Rating BB-

*Corporate and Government bonds only.

CI High Yield Bond Fund

Series F CAD
 
Portfolio allocations5 As at 2025-06-30
Asset allocation (%)
  • Foreign Corporate Bonds 71.90
  • Canadian Corporate Bonds 17.35
  • Cash and Equivalents 6.80
  • Canadian Government Bonds 1.39
  • Canadian Equity 1.22
  • US Equity 0.93
  • Foreign Bonds - Other 0.43
  • International Equity 0.02
  • Derivatives 0.01
  • Other -0.05
Sector allocation (%)
  • Fixed Income 90.55
  • Cash and Cash Equivalent 6.80
  • Financial Services 0.66
  • Consumer Services 0.52
  • Consumer Goods 0.52
  • Real Estate 0.38
  • Energy 0.32
  • Mutual Fund 0.27
  • Healthcare 0.02
  • Other -0.04
Geographic allocation(%)
  • United States 73.15
  • Canada 24.12
  • Cayman Islands 1.37
  • Luxembourg 1.26
  • Ireland 0.13
  • United Kingdom 0.02
  • Other -0.05
Top holdings6
Sector (%)
1. CASH Cash and Cash Equivalent 3.92%
2. Boeing Co 3.75% 01-Aug-2049 Fixed Income 1.90%
3. Royal Bank Of Canada 7.41% 24-Aug-2173 Fixed Income 1.65%
4. Venture Global Lng Inc 9.00% 30-Mar-2173 Fixed Income 1.23%
5. Fairfax India Holdings Corp 5.00% 26-Feb-2028 Fixed Income 1.16%
6. Enbridge Inc 6.25% 01-Mar-2028 Fixed Income 1.13%
7. RHP Hotel Properties LP 6.50% 01-Apr-2032 Fixed Income 1.10%
8. Enbridge Inc 6.00% 15-Jan-2027 Fixed Income 1.04%
9. Toronto-Dominion Bank 5.75% PERP Fixed Income 0.99%
10. Altagas Ltd 7.20% 15-Oct-2054 Fixed Income 0.99%
11. Medline Borrower LP 3.88% 01-Apr-2029 Fixed Income 0.95%
12. Hilton Domestic Oprtng Co Inc 5.88% 15-Mar-2033 Fixed Income 0.95%
13. Canada Goose Inc Term Loan B 7.94% 07-Oct-2027 Fixed Income 0.94%
14. Rivian Holdings Llc/Rivian Llc/Rivian Automotive Llc 10.00%
15-Jan-2031
Fixed Income 0.93%
15. Barclays Bank Plc 6.28% 15-Dec-2171 Fixed Income 0.92%

Management team

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