CI High Yield Bond Fund

Series O 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 2025-07-30
$379.7 million
NAVPS
As at 2025-08-22
$6.5886
MER (%)
As at 2025-03-31
0.17
Management fee (%) 0.55
Asset class High Yield Bond
Currency USD
Minimum investment $100,000 initial/$5,000 additional
Distribution frequency Monthly
Last distribution $0.0412
Average Credit Rating BB-

Risk rating1

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

FUND CODES

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

Performance2 As at 2025-07-31

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*
7.62% -0.94% 3.66% 7.62% 7.33% 6.38% 6.07% 5.49% 3.96%
*Since inception date

Distribution history3

Payable date Total
2025-08-22 0.0412
2025-07-25 0.0416
2025-06-27 0.0416
2025-05-23 0.0415
2025-04-25 0.0411
Payable date Total
2025-03-28 0.0398
2025-02-21 0.0401
2025-01-24 0.0397
2024-12-13 0.0400
2024-11-22 0.0408

FUND CHARACTERISTICS

Average Coupon % 6.63
Duration 3.17
Yield 7.01

RATING SUMMARY (%)

BBB 17.31
BB 46.36
B 29.92
CCC 1.79
NR 4.62
Average Credit Rating BB-

*Corporate and Government bonds only.

CI High Yield Bond Fund

Series O USD
 
Portfolio allocations4 As at 2025-07-31
Asset allocation (%)
  • Foreign Corporate Bonds 72.20
  • Canadian Corporate Bonds 17.35
  • Cash and Equivalents 6.84
  • Canadian Government Bonds 1.37
  • Canadian Equity 1.27
  • US Equity 0.92
  • Other 0.03
  • International Equity 0.02
Sector allocation (%)
  • Fixed Income 90.44
  • Cash and Cash Equivalent 6.84
  • Financial Services 0.65
  • Consumer Goods 0.51
  • Consumer Services 0.48
  • Real Estate 0.39
  • Energy 0.36
  • Mutual Fund 0.27
  • Other 0.04
  • Healthcare 0.02
Geographic allocation(%)
  • United States 73.03
  • Canada 24.28
  • Luxembourg 1.25
  • Cayman Islands 1.19
  • Singapore 0.19
  • Other 0.04
  • United Kingdom 0.02
Top holdings5
Sector (%)
1. CASH Cash and Cash Equivalent 4.08%
2. Boeing Co 3.75% 01-Aug-2049 Fixed Income 1.88%
3. Royal Bank Of Canada 7.41% 24-Aug-2173 Fixed Income 1.62%
4. Venture Global Lng Inc 9.00% 30-Mar-2173 Fixed Income 1.16%
5. Fairfax India Holdings Corp 5.00% 26-Feb-2028 Fixed Income 1.15%
6. Enbridge Inc 6.25% 01-Mar-2028 Fixed Income 1.12%
7. RHP Hotel Properties LP 6.50% 01-Apr-2032 Fixed Income 1.08%
8. Enbridge Inc 6.00% 15-Jan-2027 Fixed Income 1.03%
9. Altagas Ltd 7.20% 15-Oct-2054 Fixed Income 0.99%
10. Toronto-Dominion Bank 5.75% PERP Fixed Income 0.98%
11. Medline Borrower LP 3.88% 01-Apr-2029 Fixed Income 0.94%
12. Canada Goose Inc Term Loan B 7.94% 07-Oct-2027 Fixed Income 0.94%
13. Hilton Domestic Oprtng Co Inc 5.88% 15-Mar-2033 Fixed Income 0.93%
14. Barclays Bank Plc 6.28% 15-Dec-2171 Fixed Income 0.91%
15. Royal Bank Of Canada 6.70% 24-Nov-2173 Fixed Income 0.90%

Management team

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