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IA Clarington Loomis Floating Rate Income Fund Series A
Floating Rate Loan
Click for more information on Fundata’s FundGrade
FundGrade E
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-13-2026) |
$7.47 |
|---|---|
| Change |
$0.00
(0.06%)
|
As at April 30, 2026
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (November 11, 2013): 1.88%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.84% | 0.30% | 0.39% | 0.12% | 1.86% | 0.10% | 1.69% | 1.10% | 0.80% | 2.20% | 0.61% | 1.15% | 1.25% | 1.61% |
| Benchmark | 0.63% | -0.34% | -0.30% | -0.38% | 5.43% | 9.30% | 9.49% | 10.93% | 7.31% | 8.21% | 5.56% | 4.98% | 4.80% | 5.77% |
| Category Average | 1.02% | 1.01% | 1.11% | 0.90% | 3.96% | 3.59% | 5.23% | 4.08% | 3.40% | 5.02% | 2.88% | 2.94% | 3.08% | 3.50% |
| Category Rank | 53 / 81 | 74 / 81 | 59 / 81 | 61 / 81 | 80 / 81 | 76 / 77 | 75 / 76 | 75 / 76 | 74 / 75 | 74 / 75 | 69 / 70 | 66 / 67 | 59 / 60 | 55 / 56 |
| Quartile Ranking | 3 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.02% | 0.09% | 0.59% | 0.45% | -0.57% | -0.12% | 0.06% | 0.20% | -0.18% | -0.52% | -0.02% | 0.84% |
| Benchmark | 0.79% | 3.17% | -0.61% | 1.78% | 1.96% | -1.40% | 0.48% | -0.39% | -0.04% | -0.27% | -0.70% | 0.63% |
Best Monthly Return Since Inception
2.18% (November 2020)
Worst Monthly Return Since Inception
-9.52% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.45% | 2.37% | 0.44% | 6.12% | -0.96% | 2.06% | -4.63% | 6.32% | 1.96% | -0.95% |
| Benchmark | 4.59% | 6.15% | 2.81% | 1.22% | 5.27% | -0.97% | -0.86% | 14.42% | 11.13% | 12.24% |
| Category Average | 8.41% | 4.02% | 0.32% | 6.37% | -0.22% | 4.16% | -4.30% | 9.97% | 6.92% | 1.90% |
| Quartile Ranking | 3 | 3 | 3 | 2 | 4 | 4 | 3 | 4 | 4 | 4 |
| Category Rank | 41/ 55 | 43/ 58 | 45/ 67 | 32/ 69 | 57/ 75 | 72/ 75 | 48/ 75 | 75/ 76 | 76/ 77 | 80/ 81 |
Best Calendar Return (Last 10 years)
6.45% (2016)
Worst Calendar Return (Last 10 years)
-4.63% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 81.95 |
| Cash and Equivalents | 8.52 |
| Foreign Bonds - Other | 5.05 |
| Foreign Bonds - Funds | 2.70 |
| Canadian Corporate Bonds | 1.79 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 91.52 |
| Cash and Cash Equivalent | 8.52 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 91.84 |
| Multi-National | 2.70 |
| Europe | 0.06 |
| Other | 5.40 |
Top Holdings
| Name | Percent |
|---|---|
| United States Dollar | 6.54 |
| Invesco Senior Loan ETF (BKLN) | 4.61 |
| Benefit Street Prtnrs CLO Ltd 20-Apr-2038 | 2.74 |
| MF213 US FLOAT RT INC FD CL | 2.70 |
| AIMCO CLO Ltd 10.27% 20-Apr-2037 | 2.30 |
| AYR Wellness Canada Holdings Inc. (USD) 13.00% 10-Dec-2026 | 1.94 |
| TRANSDIGM INC, Term Loan | 1.87 |
| Cannabist Co Holdings Inc/The (USD) 9.25% 31-Dec-2028 | 1.60 |
| ARDONAGH GROUP LTD, Term Loan | 1.51 |
| EVERGREEN ACQCO 1 LP, Term Loan | 1.27 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
IA Clarington Loomis Floating Rate Income Fund Series A
Median
Other - Floating Rate Loan
3 Yr Annualized
| Standard Deviation | 2.50% | 2.99% | 4.08% |
|---|---|---|---|
| Beta | -0.03 | 0.15 | 0.32 |
| Alpha | 0.02 | 0.00 | 0.00 |
| Rsquared | 0.00% | 0.11% | 0.31% |
| Sharpe | -0.77 | -0.68 | -0.05 |
| Sortino | -0.60 | -0.81 | -0.35 |
| Treynor | 0.59 | -0.13 | -0.01 |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.71% | 2.50% | 2.99% | 4.08% |
| Beta | 0.02 | -0.03 | 0.15 | 0.32 |
| Alpha | 0.02 | 0.02 | 0.00 | 0.00 |
| Rsquared | 0.00% | 0.00% | 0.11% | 0.31% |
| Sharpe | -0.31 | -0.77 | -0.68 | -0.05 |
| Sortino | -0.88 | -0.60 | -0.81 | -0.35 |
| Treynor | -0.26 | 0.59 | -0.13 | -0.01 |
| Tax Efficiency | - | - | - | - |
Fund Details
| Start Date | November 11, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $230 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CCM9940 | ||
| CCM9941 | ||
| CCM9942 |
Investment Objectives
The Fund’s objective is to provide unitholders with a stream of current monthly income by investing primarily in senior floating rate loans, other floating rate securities and debt obligations of investment grade and noninvestment grade North American and global corporate issuers. The fundamental investment objective may only be changed with the approval of a majority of Securityholders at a meeting called for that purpose.
Investment Strategy
The Fund: will invest in floating rate debt instruments that pay interest, at a margin or spread above a reference base lending rate (often the London Interbank Offered Rate or LIBOR or some other benchmark rate), resulting in higher payments to investors as the benchmark interest rate increases (and lower payments if the benchmark rate decreases).
Portfolio Management
| Portfolio Manager |
iA Global Asset Management Inc. |
|---|---|
| Sub-Advisor |
Loomis Sayles & Company, L.P.
|
Management and Organization
| Fund Manager |
IA Clarington Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
IA Clarington Investments Inc. |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 0 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 1.85% |
|---|---|
| Management Fee | 1.45% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.60% |
| Trailer Fee Max (DSC) | 0.60% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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