Diversified income

IA Clarington Strategic Income Fund

Fund information page

Diversified income
Fund series navigation Fund series information
Series F
as of
as of
$CDN Series F
$CDN FB
Series F 3423
Monthly, variable
as of September 30, 2021
0.95%
Low to Medium
August 29, 2011
as of November 30, 2021
$2.6 billion

Investment goal

The Fund’s objective is to provide a consistent stream of income and capital appreciation by investing in primarily Canadian equity and fixed income investments.  The fund may invest up to 49% of its assets in foreign securities.

Key reasons to invest

Flexible income-focused balanced fund that can adjust asset allocation as market conditions warrant. The manager’s expertise in both equity and fixed income provides an unbiased asset allocation decision and the ability to assess relative value across the capital structure of a company

Fixed income component includes high yield corporate bonds that may have lower interest rate sensitivity than one focused on investment grade bonds alone

Rigorous & active investment process that focuses on safety of income and incorporates the manager’s macro outlook

Portfolio manager(s)

Manager Photo Manager Details
Dan Bastasic, CFA, MBA, IA Clarington Investments Inc. Dan Bastasic
CFA, MBA
IA Clarington Investments Inc.
Read Dan Bastasic's bio  

Disclaimers

Performance as of November 30, 2021

Fund performance (%)

1-month 3-month YTD 1-year 3-year 5-year 10-year Since
inception
Rate of
return
-1.3 -0.2 13.8 15.3 8.1 7.0 7.8 7.7

Calendar year performance (%)

2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Rate of
return
0.9 14.7 -2.1 6.9 15.4 -4.6 9.0 13.8 10.6

Value of $10,000 investment

Disclaimers

Portfolio as of October 31, 2021

Geographic allocation

Total number of investments

151

Portfolio characteristics

Credit rating

Equity

Fixed income

Disclaimers

Cash is included in the average credit quality.

The credit quality of debt instruments of the Fund through direct holdings and/or underlying funds. Credit ratings are obtained from DBRS, Standard & Poor's or Moody's. DBRS rating or equivalent is presented.

Cash and cash equivalents are excluded.

Excludes applicable sector allocations of investment funds not managed by IA Clarington Investments Inc.

Excludes cash and other net assets and applicable investment funds not managed by IA Clarington Investments Inc.

Distributions as of November 30, 2021

Recent distributions

Payment date Frequency $/unit or share
Nov. 30, 2021 Monthly, variable 0.023
Oct. 31, 2021 Monthly, variable 0.037
Aug. 31, 2021 Monthly, variable 0.374
Jul. 31, 2021 Monthly, variable 0.029
Jun. 30, 2021 Monthly, variable 0.022
May. 31, 2021 Monthly, variable 0.024
Apr. 30, 2021 Monthly, variable 0.030
Mar. 31, 2021 Monthly, variable 0.020
Feb. 28, 2021 Monthly, variable 0.030
Jan. 31, 2021 Monthly, variable 0.032
Dec. 31, 2020 Monthly, variable 0.250

Distribution tax factors

2020 2019 2018 2017 2016
Canadian eligible dividends
($/unit or share)
$0.222 $0.189 $0.245 $0.165 $0.148
Foreign income
($/unit or share)
$0.153 $0.113 $0.152 $0.122 $0.170
Capital gain
($/unit or share)
$0.188
Other income
($/unit or share)
$0.045 $0.049 $0.002 $0.006 $0.047
Return of capital
($/unit or share)
Total distribution
($/unit or share)
$0.608 $0.351 $0.399 $0.293 $0.365
NAV Dec. 31
($/unit or share)
$14.94 $15.45 $13.79 $14.48 $13.82

There is no calendar year distribution tax factor data for this fund.

Disclaimers

Distribution data may not be shown for years in which the distribution amount was immaterial. For funds with a track record of less than 12 months, distribution data cannot be shown.

The distribution information presented is based on the calendar year-end, and is indicated in dollar per unit or share.

Historical

Historical prices

Disclaimers

Documents

Disclaimers

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Series I

For institutional investors only. Not available for individual investors.

Series V

For institutional investors only. Not available for individual investors.

Series O

For institutional investors only. Not available for individual investors.

Series A

Available to investors in front-end, low-load and deferred sales commission options (depending on Fund).

Series B

Available to investors in a front-end purchase option.

Series B5

Available to investors in a front-end purchase option. This is a payout series for investors seeking regular monthly distributions.

Series E

Elite Pricing front-end series for qualifying investors.

Series E4

Elite Pricing front-end series for qualifying investors seeking regular monthly distributions.

Series E5

Elite Pricing front-end series for qualifying investors seeking regular monthly distributions.

Series E6

Elite Pricing front-end series for qualifying investors seeking regular monthly distributions.

Series EF

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This series is closed to new investors.

Series EF4

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series EF5

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series EF6

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series EFX

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This series is closed to new investors.

Series EFX6

Elite Pricing fee-based series for qualifying investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series ETF

TSX-listed ETF series.

Series EX

Elite Pricing front-end series for qualifying investors. This series is closed to new investors.

Series EX5

Elite Pricing front-end series for qualifying investors. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series EX6

Elite Pricing front-end series for qualifying investors. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series F

Fee-based series for investors participating in a fee-based program through their dealer.

Series F10

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions.

Series F4

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions.

Series F5

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions.

Series F6

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions.

Series F8

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions.

Series FX

Fee-based series for investors participating in a fee-based program through their dealer. This series is closed to new investors.

Series FX5

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series FX6

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series FX8

Fee-based series for investors participating in a fee-based program through their dealer. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series Guarantee A

For investors seeking a guaranteed investment option.

Series Guarantee B

For investors seeking a guaranteed investment option.

Series Guarantee C

For investors seeking a guaranteed investment option.

Series L

Advisor service charge series for investors at offering dealers.

Series L10

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions.

Series L4

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions.

Series L5

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions.

Series L6

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions.

Series L8

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions.

Series LM

Advisor service charge series for qualifying investors at offering dealers.

Series LX

Advisor service charge series for investors at offering dealers. This series is closed to new investors.

Series LX5

Advisor service charge series for investors at offering dealers. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series M

Available in front-end, low-load and deferred sales commission options for qualifying investors.

Series P

Unbundled fee option for qualifying investors at offering dealers. This series is closed to new investors.

Series P4

Unbundled fee option for qualifying investors at offering dealers. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series P5

Unbundled fee option for qualifying investors at offering dealers. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series P6

Unbundled fee option for qualifying investors at offering dealers. This is a payout series for investors seeking regular monthly distributions; it is closed to new investors.

Series T10

Available to investors in front-end, low-load and deferred sales commission options. This is a payout series for investors seeking regular monthly distributions.

Series T4

Available to investors in front-end, low-load and deferred sales commission options. This is a payout series for investors seeking regular monthly distributions.

Series T5

Available to investors in front-end, low-load and deferred sales commission options. This is a payout series for investors seeking regular monthly distributions.

Series T6

Available to investors in front-end, low-load and deferred sales commission options. This is a payout series for investors seeking regular monthly distributions.

Series T8

Available to investors in front-end, low-load and deferred sales commission options. This is a payout series for investors seeking regular monthly distributions.

Series W

Available to investors who participate in qualifying dealer-sponsored fee-based programs.

Series X

Closed to new purchases.

Series X5

Closed to new purchases.

Series Y

Closed to new purchases.