HYI
A High Yield ETF Ahead of the Curve
Horizons Active High Yield Bond ETF (HYI) seeks to provide investors with high total return income and monthly distributions by primarily investing, directly or indirectly, in high-yield debt securities of North American companies. HYI may also invest, directly or indirectly, in convertible debentures, preferred shares and mortgage-backed securities.
Key Features
• Actively Managed: Sub-advised by DMAT Capital Management, whose lead portfolio manager, Barry Allan, has nearly 40 years of experience in managing fixed income for major Canadian asset managers.
• Emphasis on Risk Management: DMAT puts a strong focus on reducing portfolio risk in the high-yield sector. Portfolio will primarily be comprised of BB or B-rated bonds that have historically lower risk profiles than CCC or non-rated debt.
• Independent Security Analysis: DMAT will undertake independent credit and risk analysis of each issuer in HYI’s universe to determine selection for the portfolio rather than relying on agency credit ratings the way index strategies do.
Investment Objective
HYI seeks to provide Unitholders with: (i) high total return income; and (ii) monthly distributions. HYI invests, directly or indirectly, primarily in high-yield debt securities of North American companies. HYI may also invest, directly or indirectly, in convertible debentures, preferred shares (including securities convertible into preferred shares), mortgage backed securities and other income generating debt (including debt-like securities).
The ETF’s portfolio sub-advisor changed effective November 5, 2020.
Fund Details
As at June 30, 2022
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Annualized Performance (%) *
1mo | 3mo | 6mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR** | |
---|---|---|---|---|---|---|---|---|---|
Horizons Active High Yield Bond ETF | 4.23 | -2.55 | -7.52 | -9.68 | -8.68 | -0.39 | 1.04 | 3.56 | 4.05 |
**Fund performance since inception on February 14, 2012, as at July 31, 2022
Calendar Year Performance (%) *
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|---|---|---|
Horizons Active High Yield Bond ETF |
2.83 | -4.83 | 15.67 | 5.85 | -4.48 | 13.96 | 0.78 | 5.18 |
Distributions
Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
---|---|---|---|---|---|---|
2022 | 07/28/2022 | 07/29/2022 | 08/11/2022 | 0.04589 | Monthly | |
2022 | 06/29/2022 | 06/30/2022 | 07/13/2022 | 0.04921 | Monthly | |
2022 | 05/30/2022 | 05/31/2022 | 06/10/2022 | 0.04921 | Monthly | |
2022 | 04/28/2022 | 04/29/2022 | 05/11/2022 | 0.04921 | Monthly | |
2022 | 03/30/2022 | 03/31/2022 | 04/12/2022 | 0.0468 | Monthly | |
2022 | 02/25/2022 | 02/28/2022 | 03/10/2022 | 0.0468 | Monthly | |
2022 | 01/28/2022 | 01/31/2022 | 02/10/2022 | 0.0468 | Monthly | |
2021 | 12/30/2021 | 12/31/2021 | 01/13/2022 | 0.04524 | Monthly | |
2021 | 11/29/2021 | 11/30/2021 | 12/10/2021 | 0.03104 | Monthly | |
2021 | 10/28/2021 | 10/29/2021 | 11/10/2021 | 0.03104 | Monthly | |
2021 | 09/28/2021 | 09/29/2021 | 10/13/2021 | 0.02758 | Monthly | |
2021 | 08/30/2021 | 08/31/2021 | 09/13/2021 | 0.02758 | Monthly | |
2021 | 07/29/2021 | 07/30/2021 | 08/12/2021 | 0.02758 | Monthly | |
2021 | 06/29/2021 | 06/30/2021 | 07/13/2021 | 0.03047 | Monthly | |
2021 | 05/28/2021 | 05/31/2021 | 06/10/2021 | 0.0305 | Monthly | |
2021 | 04/29/2021 | 04/30/2021 | 05/12/2021 | 0.0305 | Monthly | |
2021 | 03/30/2021 | 03/31/2021 | 04/13/2021 | 0.0315 | Monthly | |
2021 | 02/25/2021 | 02/26/2021 | 03/10/2021 | 0.0325 | Monthly | |
2021 | 01/28/2021 | 01/29/2021 | 02/10/2021 | 0.0465 | Monthly | |
2020 | 12/30/2020 | 12/31/2020 | 01/13/2021 | 0.0465 | Monthly | |
2020 | 11/27/2020 | 11/30/2020 | 12/10/2020 | 0.0465 | Monthly | |
2020 | 10/29/2020 | 10/30/2020 | 11/12/2020 | 0.0465 | Monthly | |
2020 | 09/29/2020 | 09/30/2020 | 10/13/2020 | 0.0465 | Monthly | |
2020 | 08/28/2020 | 08/31/2020 | 09/11/2020 | 0.0465 | Monthly | |
2020 | 07/30/2020 | 07/31/2020 | 08/13/2020 | 0.0465 | Monthly | |
2020 | 06/29/2020 | 06/30/2020 | 07/13/2020 | 0.0542 | Monthly | |
2020 | 05/28/2020 | 05/29/2020 | 06/10/2020 | 0.0542 | Monthly | |
2020 | 04/29/2020 | 04/30/2020 | 05/12/2020 | 0.0542 | Monthly | |
2020 | 03/30/2020 | 03/31/2020 | 04/13/2020 | 0.0485 | Monthly | |
2020 | 02/27/2020 | 02/28/2020 | 03/11/2020 | 0.0485 | Monthly | |
2020 | 01/30/2020 | 01/31/2020 | 02/12/2020 | 0.0485 | Monthly | |
2019 | 12/30/2019 | 12/31/2019 | 01/13/2020 | 0.0406 | Monthly | |
2019 | 11/28/2019 | 11/29/2019 | 12/11/2019 | 0.0498 | Monthly | |
2019 | 10/30/2019 | 10/31/2019 | 11/13/2019 | 0.0498 | Monthly | |
2019 | 09/27/2019 | 09/30/2019 | 10/10/2019 | 0.0471 | Monthly | |
2019 | 08/29/2019 | 08/30/2019 | 09/12/2019 | 0.0471 | Monthly | |
2019 | 07/30/2019 | 07/31/2019 | 08/13/2019 | 0.0471 | Monthly | |
2019 | 06/27/2019 | 06/28/2019 | 07/11/2019 | 0.0502 | Monthly | |
2019 | 05/30/2019 | 05/31/2019 | 06/12/2019 | 0.0502 | Monthly | |
2019 | 04/29/2019 | 04/30/2019 | 05/10/2019 | 0.0502 | Monthly | |
2019 | 03/28/2019 | 03/29/2019 | 04/10/2019 | 0.052 | Monthly | |
2019 | 02/27/2019 | 02/28/2019 | 03/12/2019 | 0.052 | Monthly | |
2019 | 01/30/2019 | 01/31/2019 | 02/12/2019 | 0.052 | Monthly | |
2018 | 12/28/2018 | 12/31/2018 | 01/11/2019 | 0.0592 | Monthly | |
2018 | 11/29/2018 | 11/30/2018 | 12/12/2018 | 0.0552 | Monthly | |
2018 | 10/30/2018 | 10/31/2018 | 11/13/2018 | 0.0518 | Monthly | |
2018 | 09/27/2018 | 09/28/2018 | 10/11/2018 | 0.0521 | Monthly | |
2018 | 08/30/2018 | 08/31/2018 | 09/13/2018 | 0.0521 | Monthly | |
2018 | 07/30/2018 | 07/31/2018 | 08/13/2018 | 0.0521 | Monthly | |
2018 | 06/28/2018 | 06/29/2018 | 07/12/2018 | 0.0495 | Monthly | |
2018 | 05/30/2018 | 05/31/2018 | 06/12/2018 | 0.0495 | Monthly | |
2018 | 04/27/2018 | 04/30/2018 | 05/10/2018 | 0.0495 | Monthly | |
2018 | 03/28/2018 | 03/29/2018 | 04/11/2018 | 0.0492 | Monthly | |
2018 | 02/27/2018 | 02/28/2018 | 03/12/2018 | 0.0492 | Monthly | |
2018 | 01/30/2018 | 01/31/2018 | 02/12/2018 | 0.0492 | Monthly | |
2017 | 12/28/2017 | 12/29/2017 | 01/11/2018 | 0.0486 | 0.1026 | Monthly |
2017 | 11/29/2017 | 11/30/2017 | 12/12/2017 | 0.0486 | Monthly | |
2017 | 10/30/2017 | 10/31/2017 | 11/10/2017 | 0.0486 | Monthly | |
2017 | 09/28/2017 | 09/29/2017 | 10/12/2017 | 0.0458 | Monthly | |
2017 | 08/29/2017 | 08/31/2017 | 09/13/2017 | 0.0458 | Monthly | |
2017 | 07/27/2017 | 07/31/2017 | 08/11/2017 | 0.0458 | Monthly | |
2017 | 06/28/2017 | 06/30/2017 | 07/13/2017 | 0.0496 | Monthly | |
2017 | 05/29/2017 | 05/31/2017 | 06/12/2017 | 0.0496 | Monthly | |
2017 | 04/25/2017 | 04/27/2017 | 05/09/2017 | 0.0496 | Monthly | |
2017 | 03/29/2017 | 03/31/2017 | 04/12/2017 | 0.0497 | Monthly | |
2017 | 02/24/2017 | 02/28/2017 | 03/10/2017 | 0.0497 | Monthly | |
2017 | 01/27/2017 | 01/31/2017 | 02/10/2017 | 0.0497 | Monthly | |
2016 | 12/28/2016 | 12/30/2016 | 01/12/2017 | 0.0481 | Monthly | |
2016 | 11/28/2016 | 11/30/2016 | 12/01/2016 | 0.0481 | Monthly | |
2016 | 10/27/2016 | 10/31/2016 | 11/10/2016 | 0.0481 | Monthly | |
2016 | 09/28/2016 | 09/30/2016 | 10/13/2016 | 0.048 | Monthly | |
2016 | 08/29/2016 | 08/31/2016 | 09/13/2016 | 0.0481 | Monthly | |
2016 | 07/27/2016 | 07/29/2016 | 08/11/2016 | 0.048 | Monthly | |
2016 | 06/28/2016 | 06/30/2016 | 07/13/2016 | 0.0477 | Monthly | |
2016 | 05/27/2016 | 05/31/2016 | 06/19/2016 | 0.0477 | Monthly | |
2016 | 04/27/2016 | 04/29/2016 | 05/11/2016 | 0.0477 | Monthly | |
2016 | 03/29/2016 | 03/31/2016 | 04/12/2016 | 0.0488 | Monthly | |
2016 | 02/25/2016 | 02/29/2016 | 03/10/2016 | 0.0488 | Monthly | |
2016 | 01/27/2016 | 01/29/2016 | 02/10/2016 | 0.0488 | Monthly | |
2015 | 12/29/2015 | 12/31/2015 | 01/13/2016 | 0.0495 | Monthly | |
2015 | 11/26/2015 | 11/30/2015 | 12/10/2015 | 0.0444 | Monthly | |
2015 | 10/28/2015 | 10/31/2015 | 11/12/2015 | 0.0444 | Monthly | |
2015 | 09/28/2015 | 09/30/2015 | 10/13/2015 | 0.0509 | Monthly | |
2015 | 08/27/2015 | 08/31/2015 | 09/11/2015 | 0.0509 | Monthly | |
2015 | 07/29/2015 | 07/31/2015 | 08/13/2015 | 0.0509 | Monthly | |
2015 | 06/26/2015 | 06/30/2015 | 07/13/2015 | 0.0469 | Monthly | |
2015 | 05/27/2015 | 05/29/2015 | 06/10/2015 | 0.0469 | Monthly | |
2015 | 04/28/2015 | 04/30/2015 | 05/12/2015 | 0.0469 | Monthly | |
2015 | 03/27/2015 | 03/31/2015 | 04/13/2015 | 0.054 | Monthly | |
2015 | 02/25/2015 | 02/27/2015 | 03/11/2015 | 0.054 | Monthly | |
2015 | 01/28/2015 | 01/30/2015 | 02/11/2015 | 0.054 | Monthly | |
2014 | 12/29/2014 | 12/31/2014 | 01/13/2015 | 0.06 | Monthly | |
2014 | 11/26/2014 | 11/28/2014 | 12/10/2014 | 0.06 | Monthly | |
2014 | 10/29/2014 | 10/31/2014 | 11/12/2014 | 0.0501 | Monthly | |
2014 | 09/26/2014 | 09/30/2014 | 10/10/2014 | 0.0529 | Monthly | |
2014 | 08/27/2014 | 08/29/2014 | 09/11/2014 | 0.0529 | Monthly | |
2014 | 07/29/2014 | 07/31/2014 | 08/13/2014 | 0.0529 | Monthly | |
2014 | 06/26/2014 | 06/30/2014 | 07/11/2014 | 0.0532 | Monthly | |
2014 | 05/28/2014 | 05/30/2014 | 06/11/2014 | 0.0532 | Monthly | |
2014 | 04/28/2014 | 04/30/2014 | 05/12/2014 | 0.0532 | Monthly | |
2014 | 03/27/2014 | 03/31/2014 | 04/10/2014 | 0.059 | Monthly | |
2014 | 02/26/2014 | 02/28/2014 | 03/10/2014 | 0.059 | Monthly | |
2014 | 01/29/2014 | 01/31/2014 | 02/12/2014 | 0.059 | Monthly | |
2013 | 12/27/2013 | 12/31/2013 | 01/13/2014 | 0.1205 | Monthly | |
2013 | 11/27/2013 | 11/29/2013 | 12/11/2013 | 0.0542 | Monthly | |
2013 | 10/29/2013 | 10/31/2013 | 11/12/2013 | 0.0542 | Monthly | |
2013 | 09/26/2013 | 09/30/2013 | 10/10/2013 | 0.0522 | Monthly | |
2013 | 08/28/2013 | 08/30/2013 | 09/12/2013 | 0.0522 | Monthly | |
2013 | 07/29/2013 | 07/31/2013 | 08/13/2013 | 0.0522 | Monthly | |
2013 | 06/26/2013 | 06/28/2013 | 07/11/2013 | 0.0552 | Monthly | |
2013 | 05/29/2013 | 05/31/2013 | 06/12/2013 | 0.0552 | Monthly | |
2013 | 04/26/2013 | 04/30/2013 | 05/10/2013 | 0.0541 | Monthly | |
2013 | 03/26/2013 | 03/28/2013 | 04/10/2013 | 0.0554 | Monthly | |
2013 | 02/26/2013 | 02/28/2013 | 03/12/2013 | 0.0501 | Monthly | |
2013 | 01/29/2013 | 01/31/2013 | 02/12/2013 | 0.0523 | Monthly | |
2012 | 12/27/2012 | 12/31/2012 | 01/11/2013 | 0.0592 | 0.1208 | Monthly |
2012 | 11/28/2012 | 11/30/2012 | 12/12/2012 | 0.0592 | Monthly | |
2012 | 10/29/2012 | 10/31/2012 | 11/09/2012 | 0.0592 | Monthly | |
2012 | 09/26/2012 | 09/28/2012 | 10/11/2012 | 0.0595 | Monthly | |
2012 | 08/29/2012 | 08/31/2012 | 09/13/2012 | 0.0617 | Monthly | |
2012 | 07/27/2012 | 07/31/2012 | 08/13/2012 | 0.0615 | Monthly | |
2012 | 06/27/2012 | 06/29/2012 | 07/12/2012 | 0.0585 | Monthly | |
2012 | 05/29/2012 | 05/31/2012 | 06/12/2012 | 0.06 | Monthly | |
2012 | 04/26/2012 | 04/30/2012 | 05/10/2012 | 0.058 | Monthly | |
2012 | 03/28/2012 | 03/30/2012 | 04/12/2012 | 0.0895 | Monthly |
Sector Allocation
As at July 31, 2022Financials | 19.30% |
Cash | 14.11% |
Consumer Cyclical | 11.70% |
Consumer Non Cyclical | 9.83% |
Energy | 7.59% |
Comms | 5.40% |
Materials | 5.29% |
Technology | 5.18% |
Consumer Goods | 4.79% |
Basic Materials | 4.41% |
Government | 3.96% |
Health Care | 3.70% |
Industrial Services | 2.69% |
Real Estate | 2.05% |
Credit Ratings
As at June 30, 2022AAA | 9.97% |
AA | 2.80% |
BBB | 3.48% |
BB | 25.98% |
B | 24.97% |
CCC | 0.98% |
Unrated | 31.79% |
Geographic Exposure
As at July 31, 2022United States | 79.62% |
Canada | 20.41% |
Top 10 Holdings
As at July 31, 2022Security Name | Weight |
---|---|
United States Treasury 2.88% 15-May-2032 | 4.10% |
First Quantum Minerals Ltd 6.50% 01-Mar-2024 | 3.96% |
American Airlines Inc 5.75% 20-Apr-2029 | 3.86% |
CommScope Inc 6.00% 01-Mar-2026 | 3.84% |
Delta Air Lines Inc 3.75% 28-Oct-2029 | 3.52% |
Tenet Healthcare Corp 6.13% 01-Oct-2028 | 3.49% |
Targa Resources Partners LP 5.00% 15-Jan-2028 | 2.96% |
Teva Pharmaceuticl Fnce III BV 3.15% 01-Oct-2026 | 2.56% |
Ford Motor Credit Co LLC 5.11% 03-Feb-2029 | 2.37% |
Bausch Health Cos Inc 5.00% 15-Feb-2029 | 2.33% |
Education
Regulatory and Legal
A High Yield ETF Ahead of the Curve
Horizons Active High Yield Bond ETF (HYI) seeks to provide investors with high total return income and monthly distributions by primarily investing, directly or indirectly, in high-yield debt securities of North American companies. HYI may also invest, directly or indirectly, in convertible debentures, preferred shares and mortgage-backed securities.
Key Features
• Actively Managed: Sub-advised by DMAT Capital Management, whose lead portfolio manager, Barry Allan, has nearly 40 years of experience in managing fixed income for major Canadian asset managers.
• Emphasis on Risk Management: DMAT puts a strong focus on reducing portfolio risk in the high-yield sector. Portfolio will primarily be comprised of BB or B-rated bonds that have historically lower risk profiles than CCC or non-rated debt.
• Independent Security Analysis: DMAT will undertake independent credit and risk analysis of each issuer in HYI’s universe to determine selection for the portfolio rather than relying on agency credit ratings the way index strategies do.
Investment Objective
HYI seeks to provide Unitholders with: (i) high total return income; and (ii) monthly distributions. HYI invests, directly or indirectly, primarily in high-yield debt securities of North American companies. HYI may also invest, directly or indirectly, in convertible debentures, preferred shares (including securities convertible into preferred shares), mortgage backed securities and other income generating debt (including debt-like securities).
The ETF’s portfolio sub-advisor changed effective November 5, 2020.
Fund Details
As at June 30, 2022
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Annualized Performance (%) *
1mo | 3mo | 6mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR** | |
---|---|---|---|---|---|---|---|---|---|
Horizons Active High Yield Bond ETF | 4.23 | -2.55 | -7.52 | -9.68 | -8.68 | -0.39 | 1.04 | 3.56 | 4.05 |
**Fund performance since inception on February 14, 2012, as at July 31, 2022
Calendar Year Performance (%)
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|---|---|---|
Horizons Active High Yield Bond ETF | 2.83 | -4.83 | 15.67 | 5.85 | -4.48 | 13.96 | 0.78 | 5.18 |
Distributions
Year | Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Reinvested Non-Cash Distributions | Distribution Period |
---|---|---|---|---|---|---|
2022 | 07/28/2022 | 07/29/2022 | 08/11/2022 | 0.04589 | Monthly | |
2022 | 06/29/2022 | 06/30/2022 | 07/13/2022 | 0.04921 | Monthly | |
2022 | 05/30/2022 | 05/31/2022 | 06/10/2022 | 0.04921 | Monthly | |
2022 | 04/28/2022 | 04/29/2022 | 05/11/2022 | 0.04921 | Monthly | |
2022 | 03/30/2022 | 03/31/2022 | 04/12/2022 | 0.0468 | Monthly | |
2022 | 02/25/2022 | 02/28/2022 | 03/10/2022 | 0.0468 | Monthly | |
2022 | 01/28/2022 | 01/31/2022 | 02/10/2022 | 0.0468 | Monthly | |
2021 | 12/30/2021 | 12/31/2021 | 01/13/2022 | 0.04524 | Monthly | |
2021 | 11/29/2021 | 11/30/2021 | 12/10/2021 | 0.03104 | Monthly | |
2021 | 10/28/2021 | 10/29/2021 | 11/10/2021 | 0.03104 | Monthly | |
2021 | 09/28/2021 | 09/29/2021 | 10/13/2021 | 0.02758 | Monthly | |
2021 | 08/30/2021 | 08/31/2021 | 09/13/2021 | 0.02758 | Monthly | |
2021 | 07/29/2021 | 07/30/2021 | 08/12/2021 | 0.02758 | Monthly | |
2021 | 06/29/2021 | 06/30/2021 | 07/13/2021 | 0.03047 | Monthly | |
2021 | 05/28/2021 | 05/31/2021 | 06/10/2021 | 0.0305 | Monthly | |
2021 | 04/29/2021 | 04/30/2021 | 05/12/2021 | 0.0305 | Monthly | |
2021 | 03/30/2021 | 03/31/2021 | 04/13/2021 | 0.0315 | Monthly | |
2021 | 02/25/2021 | 02/26/2021 | 03/10/2021 | 0.0325 | Monthly | |
2021 | 01/28/2021 | 01/29/2021 | 02/10/2021 | 0.0465 | Monthly | |
2020 | 12/30/2020 | 12/31/2020 | 01/13/2021 | 0.0465 | Monthly | |
2020 | 11/27/2020 | 11/30/2020 | 12/10/2020 | 0.0465 | Monthly | |
2020 | 10/29/2020 | 10/30/2020 | 11/12/2020 | 0.0465 | Monthly | |
2020 | 09/29/2020 | 09/30/2020 | 10/13/2020 | 0.0465 | Monthly | |
2020 | 08/28/2020 | 08/31/2020 | 09/11/2020 | 0.0465 | Monthly | |
2020 | 07/30/2020 | 07/31/2020 | 08/13/2020 | 0.0465 | Monthly | |
2020 | 06/29/2020 | 06/30/2020 | 07/13/2020 | 0.0542 | Monthly | |
2020 | 05/28/2020 | 05/29/2020 | 06/10/2020 | 0.0542 | Monthly | |
2020 | 04/29/2020 | 04/30/2020 | 05/12/2020 | 0.0542 | Monthly | |
2020 | 03/30/2020 | 03/31/2020 | 04/13/2020 | 0.0485 | Monthly | |
2020 | 02/27/2020 | 02/28/2020 | 03/11/2020 | 0.0485 | Monthly | |
2020 | 01/30/2020 | 01/31/2020 | 02/12/2020 | 0.0485 | Monthly | |
2019 | 12/30/2019 | 12/31/2019 | 01/13/2020 | 0.0406 | Monthly | |
2019 | 11/28/2019 | 11/29/2019 | 12/11/2019 | 0.0498 | Monthly | |
2019 | 10/30/2019 | 10/31/2019 | 11/13/2019 | 0.0498 | Monthly | |
2019 | 09/27/2019 | 09/30/2019 | 10/10/2019 | 0.0471 | Monthly | |
2019 | 08/29/2019 | 08/30/2019 | 09/12/2019 | 0.0471 | Monthly | |
2019 | 07/30/2019 | 07/31/2019 | 08/13/2019 | 0.0471 | Monthly | |
2019 | 06/27/2019 | 06/28/2019 | 07/11/2019 | 0.0502 | Monthly | |
2019 | 05/30/2019 | 05/31/2019 | 06/12/2019 | 0.0502 | Monthly | |
2019 | 04/29/2019 | 04/30/2019 | 05/10/2019 | 0.0502 | Monthly | |
2019 | 03/28/2019 | 03/29/2019 | 04/10/2019 | 0.052 | Monthly | |
2019 | 02/27/2019 | 02/28/2019 | 03/12/2019 | 0.052 | Monthly | |
2019 | 01/30/2019 | 01/31/2019 | 02/12/2019 | 0.052 | Monthly | |
2018 | 12/28/2018 | 12/31/2018 | 01/11/2019 | 0.0592 | Monthly | |
2018 | 11/29/2018 | 11/30/2018 | 12/12/2018 | 0.0552 | Monthly | |
2018 | 10/30/2018 | 10/31/2018 | 11/13/2018 | 0.0518 | Monthly | |
2018 | 09/27/2018 | 09/28/2018 | 10/11/2018 | 0.0521 | Monthly | |
2018 | 08/30/2018 | 08/31/2018 | 09/13/2018 | 0.0521 | Monthly | |
2018 | 07/30/2018 | 07/31/2018 | 08/13/2018 | 0.0521 | Monthly | |
2018 | 06/28/2018 | 06/29/2018 | 07/12/2018 | 0.0495 | Monthly | |
2018 | 05/30/2018 | 05/31/2018 | 06/12/2018 | 0.0495 | Monthly | |
2018 | 04/27/2018 | 04/30/2018 | 05/10/2018 | 0.0495 | Monthly | |
2018 | 03/28/2018 | 03/29/2018 | 04/11/2018 | 0.0492 | Monthly | |
2018 | 02/27/2018 | 02/28/2018 | 03/12/2018 | 0.0492 | Monthly | |
2018 | 01/30/2018 | 01/31/2018 | 02/12/2018 | 0.0492 | Monthly | |
2017 | 12/28/2017 | 12/29/2017 | 01/11/2018 | 0.0486 | 0.1026 | Monthly |
2017 | 11/29/2017 | 11/30/2017 | 12/12/2017 | 0.0486 | Monthly | |
2017 | 10/30/2017 | 10/31/2017 | 11/10/2017 | 0.0486 | Monthly | |
2017 | 09/28/2017 | 09/29/2017 | 10/12/2017 | 0.0458 | Monthly | |
2017 | 08/29/2017 | 08/31/2017 | 09/13/2017 | 0.0458 | Monthly | |
2017 | 07/27/2017 | 07/31/2017 | 08/11/2017 | 0.0458 | Monthly | |
2017 | 06/28/2017 | 06/30/2017 | 07/13/2017 | 0.0496 | Monthly | |
2017 | 05/29/2017 | 05/31/2017 | 06/12/2017 | 0.0496 | Monthly | |
2017 | 04/25/2017 | 04/27/2017 | 05/09/2017 | 0.0496 | Monthly | |
2017 | 03/29/2017 | 03/31/2017 | 04/12/2017 | 0.0497 | Monthly | |
2017 | 02/24/2017 | 02/28/2017 | 03/10/2017 | 0.0497 | Monthly | |
2017 | 01/27/2017 | 01/31/2017 | 02/10/2017 | 0.0497 | Monthly | |
2016 | 12/28/2016 | 12/30/2016 | 01/12/2017 | 0.0481 | Monthly | |
2016 | 11/28/2016 | 11/30/2016 | 12/01/2016 | 0.0481 | Monthly | |
2016 | 10/27/2016 | 10/31/2016 | 11/10/2016 | 0.0481 | Monthly | |
2016 | 09/28/2016 | 09/30/2016 | 10/13/2016 | 0.048 | Monthly | |
2016 | 08/29/2016 | 08/31/2016 | 09/13/2016 | 0.0481 | Monthly | |
2016 | 07/27/2016 | 07/29/2016 | 08/11/2016 | 0.048 | Monthly | |
2016 | 06/28/2016 | 06/30/2016 | 07/13/2016 | 0.0477 | Monthly | |
2016 | 05/27/2016 | 05/31/2016 | 06/19/2016 | 0.0477 | Monthly | |
2016 | 04/27/2016 | 04/29/2016 | 05/11/2016 | 0.0477 | Monthly | |
2016 | 03/29/2016 | 03/31/2016 | 04/12/2016 | 0.0488 | Monthly | |
2016 | 02/25/2016 | 02/29/2016 | 03/10/2016 | 0.0488 | Monthly | |
2016 | 01/27/2016 | 01/29/2016 | 02/10/2016 | 0.0488 | Monthly | |
2015 | 12/29/2015 | 12/31/2015 | 01/13/2016 | 0.0495 | Monthly | |
2015 | 11/26/2015 | 11/30/2015 | 12/10/2015 | 0.0444 | Monthly | |
2015 | 10/28/2015 | 10/31/2015 | 11/12/2015 | 0.0444 | Monthly | |
2015 | 09/28/2015 | 09/30/2015 | 10/13/2015 | 0.0509 | Monthly | |
2015 | 08/27/2015 | 08/31/2015 | 09/11/2015 | 0.0509 | Monthly | |
2015 | 07/29/2015 | 07/31/2015 | 08/13/2015 | 0.0509 | Monthly | |
2015 | 06/26/2015 | 06/30/2015 | 07/13/2015 | 0.0469 | Monthly | |
2015 | 05/27/2015 | 05/29/2015 | 06/10/2015 | 0.0469 | Monthly | |
2015 | 04/28/2015 | 04/30/2015 | 05/12/2015 | 0.0469 | Monthly | |
2015 | 03/27/2015 | 03/31/2015 | 04/13/2015 | 0.054 | Monthly | |
2015 | 02/25/2015 | 02/27/2015 | 03/11/2015 | 0.054 | Monthly | |
2015 | 01/28/2015 | 01/30/2015 | 02/11/2015 | 0.054 | Monthly | |
2014 | 12/29/2014 | 12/31/2014 | 01/13/2015 | 0.06 | Monthly | |
2014 | 11/26/2014 | 11/28/2014 | 12/10/2014 | 0.06 | Monthly | |
2014 | 10/29/2014 | 10/31/2014 | 11/12/2014 | 0.0501 | Monthly | |
2014 | 09/26/2014 | 09/30/2014 | 10/10/2014 | 0.0529 | Monthly | |
2014 | 08/27/2014 | 08/29/2014 | 09/11/2014 | 0.0529 | Monthly | |
2014 | 07/29/2014 | 07/31/2014 | 08/13/2014 | 0.0529 | Monthly | |
2014 | 06/26/2014 | 06/30/2014 | 07/11/2014 | 0.0532 | Monthly | |
2014 | 05/28/2014 | 05/30/2014 | 06/11/2014 | 0.0532 | Monthly | |
2014 | 04/28/2014 | 04/30/2014 | 05/12/2014 | 0.0532 | Monthly | |
2014 | 03/27/2014 | 03/31/2014 | 04/10/2014 | 0.059 | Monthly | |
2014 | 02/26/2014 | 02/28/2014 | 03/10/2014 | 0.059 | Monthly | |
2014 | 01/29/2014 | 01/31/2014 | 02/12/2014 | 0.059 | Monthly | |
2013 | 12/27/2013 | 12/31/2013 | 01/13/2014 | 0.1205 | Monthly | |
2013 | 11/27/2013 | 11/29/2013 | 12/11/2013 | 0.0542 | Monthly | |
2013 | 10/29/2013 | 10/31/2013 | 11/12/2013 | 0.0542 | Monthly | |
2013 | 09/26/2013 | 09/30/2013 | 10/10/2013 | 0.0522 | Monthly | |
2013 | 08/28/2013 | 08/30/2013 | 09/12/2013 | 0.0522 | Monthly | |
2013 | 07/29/2013 | 07/31/2013 | 08/13/2013 | 0.0522 | Monthly | |
2013 | 06/26/2013 | 06/28/2013 | 07/11/2013 | 0.0552 | Monthly | |
2013 | 05/29/2013 | 05/31/2013 | 06/12/2013 | 0.0552 | Monthly | |
2013 | 04/26/2013 | 04/30/2013 | 05/10/2013 | 0.0541 | Monthly | |
2013 | 03/26/2013 | 03/28/2013 | 04/10/2013 | 0.0554 | Monthly | |
2013 | 02/26/2013 | 02/28/2013 | 03/12/2013 | 0.0501 | Monthly | |
2013 | 01/29/2013 | 01/31/2013 | 02/12/2013 | 0.0523 | Monthly | |
2012 | 12/27/2012 | 12/31/2012 | 01/11/2013 | 0.0592 | 0.1208 | Monthly |
2012 | 11/28/2012 | 11/30/2012 | 12/12/2012 | 0.0592 | Monthly | |
2012 | 10/29/2012 | 10/31/2012 | 11/09/2012 | 0.0592 | Monthly | |
2012 | 09/26/2012 | 09/28/2012 | 10/11/2012 | 0.0595 | Monthly | |
2012 | 08/29/2012 | 08/31/2012 | 09/13/2012 | 0.0617 | Monthly | |
2012 | 07/27/2012 | 07/31/2012 | 08/13/2012 | 0.0615 | Monthly | |
2012 | 06/27/2012 | 06/29/2012 | 07/12/2012 | 0.0585 | Monthly | |
2012 | 05/29/2012 | 05/31/2012 | 06/12/2012 | 0.06 | Monthly | |
2012 | 04/26/2012 | 04/30/2012 | 05/10/2012 | 0.058 | Monthly | |
2012 | 03/28/2012 | 03/30/2012 | 04/12/2012 | 0.0895 | Monthly |
Sector Allocation
As at July 31, 2022Financials | 19.30% |
Cash | 14.11% |
Consumer Cyclical | 11.70% |
Consumer Non Cyclical | 9.83% |
Energy | 7.59% |
Comms | 5.40% |
Materials | 5.29% |
Technology | 5.18% |
Consumer Goods | 4.79% |
Basic Materials | 4.41% |
Government | 3.96% |
Health Care | 3.70% |
Industrial Services | 2.69% |
Real Estate | 2.05% |
Credit Ratings
As at June 30, 2022AAA | 9.97% |
AA | 2.80% |
BBB | 3.48% |
BB | 25.98% |
B | 24.97% |
CCC | 0.98% |
Unrated | 31.79% |
Geographic Exposure
As at July 31, 2022United States | 79.62% |
Canada | 20.41% |
Top 10 Holdings
As at July 31, 2022Security Name | Weight |
---|---|
United States Treasury 2.88% 15-May-2032 | 4.10% |
First Quantum Minerals Ltd 6.50% 01-Mar-2024 | 3.96% |
American Airlines Inc 5.75% 20-Apr-2029 | 3.86% |
CommScope Inc 6.00% 01-Mar-2026 | 3.84% |
Delta Air Lines Inc 3.75% 28-Oct-2029 | 3.52% |
Tenet Healthcare Corp 6.13% 01-Oct-2028 | 3.49% |
Targa Resources Partners LP 5.00% 15-Jan-2028 | 2.96% |
Teva Pharmaceuticl Fnce III BV 3.15% 01-Oct-2026 | 2.56% |
Ford Motor Credit Co LLC 5.11% 03-Feb-2029 | 2.37% |
Bausch Health Cos Inc 5.00% 15-Feb-2029 | 2.33% |