Fixed income

IA Clarington Loomis Global Multisector Bond Fund

Fund information page

Fixed income
Fund series navigation Fund series information
Series A
as of
as of
$CDN Series A
$CDN FE LL DSC
Series A 3329 3331 3330
Monthly, variable
as of N/A
N/A
Low
July 20, 2020
as of April 30, 2021
$292.4 million

Investment goal

The Fund seeks to provide income with the potential for long-term capital growth by primarily investing, either directly or indirectly, in global fixed-income securities.

Key reasons to invest

A value-driven, opportunistic credit approach focused on security-specific risk.

The flexible, opportunistic nature of the Fund allows the portfolio managers to take advantage of market mispricing opportunities across a range of sectors and in various parts of the capital structure.

A disciplined, repeatable and collaborative investment process, supported by Loomis Sayles’ deep global research platform, ensures only their best ideas are represented in the Fund.

Portfolio manager(s)

Manager Photo Manager Details
Matthew J.  Eagan, MBA, CFA, Loomis, Sayles & Company, L.P. Matthew J. Eagan
MBA, CFA
Loomis, Sayles & Company, L.P.
Read Matthew J. 's bio  
Manager Photo Manager Details
Brian P.  Kennedy, MBA, Loomis, Sayles & Company, L.P. Brian P. Kennedy
MBA
Loomis, Sayles & Company, L.P.
Read Brian P. 's bio  
Manager Photo Manager Details
Elaine M.  Stokes, , Loomis, Sayles & Company, L.P. Elaine M. Stokes
Loomis, Sayles & Company, L.P.
Read Elaine M. 's bio  

Disclaimers

Performance as of April 30, 2021

Fund performance (%)

Performance data is not shown for the first 12 months.

Performance data is not shown for the first 12 months.

Calendar year performance (%)

Performance data is not available for a full calendar year.

Performance data is not available for a full calendar year.

Value of $10,000 investment

Disclaimers

Portfolio as of March 31, 2021

Asset mix

Description Value
U.S. Investment Grade Corporate Bonds 31.2%
U.S. Government Bonds 20.3%
U.S. High Yield Corporate Bonds 16.6%
Asset-Backed Securities 11.3%
Foreign Investment Grade Corporate Bonds 6.4%
Cash and Other Net Assets 4.7%
Foreign High Yield Corporate Bonds 2.5%
Mortgage Backed Securities 1.8%
Canadian Investment Grade Corporate Bonds 1.5%
Foreign Government Bonds 1.3%
Preferred Equities 1.2%
Supranational Guarantees 0.8%
Canadian High Yield Corporate Bonds 0.6%
U.S. Equities 0.1%

Geographic allocation

Description Value
United States 81.1%
Europe 7.0%
Caribbean 2.9%
North America - Other 2.7%
Asia 0.8%
South America 0.7%
Australia & Oceania 0.2%

Total number of investments

493

Description Value
Fixed income 488
Equity 0

Portfolio characteristics

Description Value
Portfolio yield N/A%
Average coupon 2.6%
Modified duration 4.8 yrs
Average term 8.9 yrs
Average credit quaility A

Credit rating

Description Value
AAA 30.3%
AA 3.9%
A 9.2%
BBB 33.7%
BB 13.8%
B 4.4%
CCC 1.5%
Not Rated 4.0%

Fixed income

Description Value
US Treasury, 0.125%, 2022-10-31 4.3%
US Treasury, 0.125%, 2022-11-30 4.0%
US Treasury, 0.125%, 2023-01-31 3.6%
US Treasury, 0.125%, 2022-12-31 3.6%
US Treasury, 0.125%, 2022-06-30 2.7%
US Treasury, 0.125%, 2023-02-28 1.4%
The Boeing Co., 3.750%, 2050-02-01 1.3%
AT&T Inc., 3.550%, 2055-09-15 1.0%
Charter Communications Operating LLC, 4.800%, 2050-03-01 1.0%
Home Depot Inc., 2.625%, 2022-06-01 1.0%
Total allocation 23.7%

Top issuers

Description Value
US Treasury 20.3%
The Boeing Co. 2.4%
AT&T Inc. 1.7%
Hca Inc. 1.5%
T-Mobile Usa Inc. 1.3%
Expedia Group Inc. 1.2%
Charter Communications Operating LLC 1.0%
Home Depot Inc. 1.0%
Ally Financial Inc. 0.9%
Target Corp. 0.9%
Total allocation 32.0%
Description Value
Cash and Cash Equivalents 5.8%
US Treasury, 0.125%, 2022-10-31 4.3%
US Treasury, 0.125%, 2022-11-30 4.0%
US Treasury, 0.125%, 2023-01-31 3.6%
US Treasury, 0.125%, 2022-12-31 3.6%
US Treasury, 0.125%, 2022-06-30 2.7%
US Treasury, 0.125%, 2023-02-28 1.4%
The Boeing Co., 3.750%, 2050-02-01 1.3%
AT&T Inc., 3.550%, 2055-09-15 1.0%
Charter Communications Operating LLC, 4.800%, 2050-03-01 1.0%
Home Depot Inc., 2.625%, 2022-06-01 1.0%
Target Corp., 2.250%, 2025-04-15 0.9%
Expedia Group Inc., 3.250%, 2030-02-15 0.9%
US Treasury, 0.125%, 2022-07-31 0.9%
European Investment Bank, 0.250%, 2023-09-15 0.8%
Inter-American Development Bank, 0.500%, 2023-05-24 0.8%
Broadcom Inc., 4.300%, 2032-11-15 0.7%
Anglo American Capital Plc, 4.500%, 2028-03-15 0.7%
General Motors Co, 5.950%, 2049-04-01 0.7%
Hca Inc., 5.250%, 2049-06-15 0.7%
Quicken Loans LLC, 3.875%, 2031-03-01 0.7%
Ally Financial Inc., 4.625%, 2025-03-30 0.6%
Dish Network Corp., 3.375%, 2026-08-15 0.6%
Toyota Motor Credit Corp., 0.500%, 2023-08-14 0.6%
T-Mobile Usa Inc., 3.875%, 2030-04-15 0.6%

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

Distributions as of April 30, 2021

Recent distributions

Payment date Frequency $/unit or share
Apr. 30, 2021 Monthly, variable 0.014
Mar. 31, 2021 Monthly, variable 0.016
Feb. 28, 2021 Monthly, variable 0.013
Jan. 31, 2021 Monthly, variable 0.008
Dec. 31, 2020 Monthly, variable 0.051
Nov. 30, 2020 Monthly, variable 0.008
Oct. 31, 2020 Monthly, variable 0.007
Sep. 30, 2020 Monthly, variable 0.005

Distribution tax factors

2020
Canadian eligible dividends
($/unit or share)
Foreign income
($/unit or share)
$0.029
Capital gain
($/unit or share)
$0.043
Other income
($/unit or share)
Return of capital
($/unit or share)
Total distribution
($/unit or share)
$0.072
NAV Dec. 31
($/unit or share)
$10.21

Distribution tax factors is not available for a full calendar year.

Disclaimers

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

Performance data is not presented for a Fund that has been distributing securities for less than 12 consecutive months. For an existing mutual fund where one or more of its Series have existed for less than 12 consecutive months ("new series"), performance data specific to each new series is not shown. The performance data of different series may differ for a number of reasons, including but not limited to the different fee structures.

Where the MER is not listed, this information is not yet available because this is a new fund or series and is not yet required to file its first MRFP.

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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.