CI Floating Rate Income Fund

Series EF CAD
 

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 June 2017
CAD Total net assets ($CAD)
As at 2026-09-30
$163.8 million
NAVPS
As at 2026-10-21
$9.5851
MER (%)
As at 2026-03-31
0.57
Management fee (%) 0.35
Units outstanding
As at
-
Asset class Floating Rate Loan
Currency CAD
Minimum investment $100,000 initial/$5,000 additional
Distribution frequency Monthly
Last distribution $0.0300
Average Credit Rating BB+

Risk rating1

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

FUND CODES

EF 15086
A ISC 70186
DSC SO* 70286
LL SO 70086
E 16086
F 80186
I 5347
O 18086
P 90186
*No new purchases directly into switch only funds.

Performance2 As at 2026-09-30

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*
3.31% 0.02% 0.76% 2.68% 4.36% 6.56% 5.45% - 4.95%
*Since inception date

Distribution history3

Payable date Total
2026-09-25 0.0300
2026-08-28 0.0350
2026-07-24 0.0416
2026-06-26 0.0448
2026-05-22 0.0371
Payable date Total
2026-04-24 0.0457
2026-03-27 0.0556
2026-02-20 0.0328
2026-01-23 0.0287
2025-12-19 0.0570

RATING SUMMARY (%)

AAA 2.26
AA 0.43
A 1.78
BBB 29.59
BB 42.30
B 20.71
CCC 0.25
NR 2.68
Average Credit Rating BB+

FUND CHARACTERISTICS

Duration 0.49
Yield 5.90

Management team

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

CI Floating Rate Income Fund

Series EF CAD
 
Portfolio allocations4 As at 2026-09-30
Asset allocation (%)
  • Foreign Corporate Bonds 55.49
  • Cash and Equivalents 23.19
  • Canadian Corporate Bonds 12.58
  • Foreign Bonds - Other 4.03
  • Canadian Equity 2.45
  • Foreign Government Bonds 0.99
  • Canadian Government Bonds 0.77
  • Mortgages 0.30
  • US Equity 0.16
  • Other 0.04
Sector allocation (%)
  • Fixed Income 73.89
  • Cash and Cash Equivalent 23.19
  • Telecommunications 1.26
  • Real Estate 0.53
  • Financial Services 0.52
  • Energy 0.30
  • Technology 0.27
  • Other 0.04
Geographic allocation(%)
  • United States 64.29
  • Canada 35.67
  • Other 0.04
Top holdings6
Sector (%)
1. Invesco Senior Loan ETF (BKLN) Fixed Income 4.49%
2. ENBRIDGE INC DISCOUNT NOTE Cash and Cash Equivalent 3.31%
3. Janus Henderson AAA CLO ETF (JAAA) Fixed Income 2.24%
4. AVOLON 9/24 B6 TL 0.00% 03-Oct-2030 Fixed Income 1.19%
5. Genworth Financial Inc 6.59% 15-Nov-2066 Fixed Income 1.07%
6. EVEREST REINSURANCE HOLDINGS INC 6.39% 01-May-2067 Fixed Income 1.03%
7. Allied Properties REIT 07-Apr-2027 Fixed Income 1.01%
8. BLACKFIN PIPELINE 10/25 COV - LITE TLB 0.00% 29-Sep-2032 Fixed Income 0.99%
9. MEDLINE INDUSTRIES TLB 0.00% 16-May-2033 Fixed Income 0.98%
10. TRANSDIGM 9/25 TLB 0.00% 22-Mar-2030 Fixed Income 0.97%
11. AIR CANADA 3/24TLB 0.00% 21-Mar-2031 Fixed Income 0.97%
12. QUIKRETE 2/25 CL TLB4 0.00% 10-Feb-2032 Fixed Income 0.96%
13. USB REALTY CORP 144A 5.16% 31-Dec-2049 Fixed Income 0.95%
14. WESTJET AIRLINES 1/24 TL 0.00% 14-Feb-2031 Fixed Income 0.93%
15. United Rentals Inc 4.88% 15-Jan-2028 Fixed Income 0.92%
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