CI Floating Rate Income Fund

Series I CAD

Not available to retail investors / for approved investors only
 

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
$9.5023
MER (%)
As at 2026-03-31
0.00
Management fee (%) Negotiable
Units outstanding
As at
-
Asset class Floating Rate Loan
Currency CAD
Minimum investment Negotiable
Distribution frequency Monthly
Last distribution $0.0343
Average Credit Rating BB+

Risk rating1

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

FUND CODES

I 5347
A ISC 70186
DSC SO* 70286
LL SO 70086
E 16086
EF 15086
F 80186
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*
3.55% 0.04% 0.84% 2.84% 4.68% 6.98% 5.88% - 5.62%
*Since inception date

Distribution history3

Payable date Total
2026-09-25 0.0343
2026-08-28 0.0392
2026-07-24 0.0458
2026-06-26 0.0490
2026-05-22 0.0413
Payable date Total
2026-04-24 0.0499
2026-03-27 0.0598
2026-02-20 0.0371
2026-01-23 0.0330
2025-12-19 0.0612

CI PREFERRED PRICING4

Investment amount Combined fee reduction
$100,000 - $500,000 0.05%
$500,000 - $1,000,000 0.11%
$1,000,000 - $2,500,000 0.28%
$2,500,000 - $5,000,000 0.32%
$5,000,000 and above 0.39%

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 I CAD

Not available to retail investors / for approved investors only
 
Portfolio allocations5 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 holdings7
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%
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.