Fund Portfolio – Mackenzie Floating Rate Income Fund Series F MFC4328 MFC4329 | Mackenzie Investments

Mackenzie Floating Rate Income Fund Series F

Asset Class: Global Fixed Income

Major Holdings (%) Help Top holdings by percentage

As of August 31, 2019
Major holdings represent 14.1% of the fund.
View all holdings
Total # of
Equity Holdings
10
Total # of
Fixed Income Holdings
282
Holding name, country and sector Percentage of holding in fund
Citadel LLC Term Loan B 1st Lien F/R 02-22-2026
United States | Bank Loans
2.2%
Canada Housing Trust F/R 03-15-2024
Canada | Federal Government
2.1%
GLOBALFOUNDRIES Inc. Term Loan B 1st Lien F/R 05/24/2026
United States | Bank Loans
1.5%
Travelport Finance Luxembourg Sarl Term Loan 1st Lien
Luxembourg | Bank Loans
1.3%
LifeScan Global Corp. Term Loan 1st Lien F/R 06-19-2024
United States | Bank Loans
1.3%
Can Am Construction Inc./Canada Term Loan B 1st Lien
Canada | Bank Loans
1.2%
Rackspace Hosting Inc. Term Loan B 1st Lien
United States | Bank Loans
1.2%
EagleTree-Carbide Acquisition Corp. Term Loan 1st Lien
United States | Bank Loans
1.2%
Ultra Clean Holdings Inc. Term Loan B 1st Lien
United States | Bank Loans
1.1%
Casablanca US Holdings Inc. Term Loan 1st Lien
United States | Bank Loans
1.1%

Complete Fund Holdings Help Full holdings list

As of June 30, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
AAC holdings Inc. Term Loan 1st Lien F/R 06-30-2023 3,111,153 3,667 0.3%
AI Ladder Luxembourg Term Loan B 1st Lien F/R 05-04-2025 1,652,803 2,109 0.2%
AL Midcoast Holdings LLC Term Loan B 1st Lien F/R 06-28-2025 4,962,500 6,523 0.6%
AMC Entertainment Holdings Inc. 5.88% 11-15-2026 Callable 280,000 331 0.0%
APCO Holdings Inc. Term Loan B 1st Lien F/R 06-06-2025 1,075,636 1,412 0.1%
APFS Staffing Holdings Inc. Term Loan 1st Lien F/R 04-10-2026 4,110,000 5,332 0.5%
Acproducts Inc. Term Loan 1st Lien F/R 02-14-2024 7,751,250 9,694 0.9%
Acrisure LLC Term Loan B 1st Lien F/R 11-22-2023 462,950 605 0.1%
Adtalem Global Education Inc. Term Loan B 1st Lien F/R 04-09-2025 1,815,926 2,385 0.2%
Aegis Toxicology Sciences Corp. Term Loan B 1st Lien F/R 05-09-2025 1,617,775 2,038 0.2%
AerCap Ireland Capital Designated Activity Co. 4.88% 01-16-2024 Callable 2023 510,000 716 0.1%
Air Newco LLC Term Loan B 1st Lien F/R 05-31-2024 387,075 507 0.0%
Alcami Carolinas Corp. Term Loan 1st Lien F/R 07-06-2025 4,328,250 5,640 0.5%
Alchemy US Holdco LLC Term Loan B 1st Lien F/R 10-01-2025 6,122,500 7,978 0.7%
Allegiant Travel Co. Term Loan B 1st Lien F/R 01-29-2024 3,745,600 4,917 0.4%
AltaGas Ltd. Pfd. Series K 44,940 911 0.1%
American Teleconferencing Services Ltd. Term Loan 1st Lien F/R 12-08-2021 2,960,523 2,278 0.2%
Ardonagh Midco 3 PLC 8.63% 07-15-2023 Callable 2020 600,000 733 0.1%
Artis Real Estate Investment Trust F/R 02-07-2020 2,130,000 2,135 0.2%
AssetMark Financial Holdings Inc. Term Loan 1st Lien F/R 11-08-2025 1,552,200 2,043 0.2%
BCPE Cycle Merger Sub II Inc. 10.63% 07-15-2027 Callable 2022 144A 730,000 972 0.1%
BWAY Holding Co. 7.25% 04-15-2025 144A 960,000 1,215 0.1%
Ball Metalpack Finco LLC Term Loan B 1st Lien F/R 07-26-2025 1,334,800 1,731 0.2%
Bausch Health Cos Inc. 5.75% 08-15-2027 Callable 2022 144A 130,000 179 0.0%
Bausch Health Cos Inc. 7.00% 01-15-2028 Callable 2023 144A 150,000 203 0.0%
Bausch Health Cos Inc. 8.50% 01-31-2027 Callable 2022 144A 130,000 188 0.0%
Bausch Health Cos Inc. Term Loan B 1st Lien F/R 05-24-2025 2,358,724 3,091 0.3%
Baytex Energy Corp. 5.63% 06-01-2024 Callable 2019 144A 620,000 776 0.1%
Beasley Mezzanine Holdings LLC Term Loan 1st Lien F/R 11-16-2023 95,299 125 0.0%
Boardriders Inc. Term Loan B 1st Lien F/R 03-21-2024 3,086,435 3,944 0.4%
Bright Bidco BV Term Loan B 1st Lien F/R 06-30-2024 11,126,652 10,400 0.9%
Brookfield Asset Management Inc. Pfd. Series 46 20,792 508 0.0%
Brookfield Asset Management Inc. Pfd. Series 48 21,480 502 0.0%
Brookfield Renewable Partners LP Pfd. Series 11 65,010 1,410 0.1%
Bulldog Purchaser Inc. Delayed Draw Term Loan 1st Lien F/R 08-31-2025 171,810 223 0.0%
Bulldog Purchaser Inc. Term Loan B 1st Lien F/R 08-31-2025 4,316,500 5,603 0.5%
Burger King France SAS F/R 05-01-2023 Callable 2019 1,090,000 1,663 0.1%
Burger King Worldwide Inc. Term Loan B 1st Lien F/R 02-16-2024 268,626 350 0.0%
C&D Technologies Inc. Term Loan B 1st Lien F/R 12-13-2025 5,293,400 6,577 0.6%
CCO Holdings LLC 4.00% 03-01-2023 Callable 2019 144A 50,000 66 0.0%
CCO Holdings LLC 5.88% 04-01-2024 Callable 2019 144A 250,000 343 0.0%
CCS-CMGC Holdings Inc. Term Loan 1st Lien F/R 09-25-2025 3,363,100 4,349 0.4%
CEVA Logistics Finance BV Term Loan B 1st Lien F/R 08-03-2025 5,870,000 6,790 0.6%
CTI Foods Holding Co. LLC Term Loan 2nd Lien F/R 06-28-2021 300,000 8 0.0%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 880,000 1,206 0.1%
Calceus Acquisition Inc. Term Loan B1 1st Lien F/R 02-08-2025 7,155,000 9,326 0.8%
Calfrac Holdings LP 8.50% 06-15-2026 Callable 2021 144A 40,000 37 0.0%
California Resources Corp. 8.00% 12-15-2022 Callable 2019 144A 210,000 208 0.0%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 890,000 1,226 0.1%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 07-01-2024 9,959,293 12,651 1.1%
Canada Goose Inc. Term Loan 1st Lien F/R 12-02-2024 2,732,656 3,561 0.3%
Canada Housing Trust F/R 03-15-2024 24,800,000 24,794 2.2%
Canada Housing Trust No. 1 F/R 09-15-2023 1,180,000 1,179 0.1%
CareCentrix Inc. Term Loan 1st Lien F/R 03-22-2025 2,370,879 3,101 0.3%
Careerbuilder LLC Term Loan 1st Lien F/R 07-31-2023 1,723,222 2,251 0.2%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 03-31-2024 8,818,375 11,259 1.0%
Celestica Inc. Term Loan B 1st Lien F/R 06-21-2025 7,265,100 9,187 0.8%
Celestica Inc. Term Loan B 1st Lien F/R 06-27-2025 2,089,500 2,680 0.2%
Centennial Resource Production LLC 5.38% 01-15-2026 Callable 2021 144A 190,000 235 0.0%
CenturyLink Inc. Term Loan B 1st Lien F/R 01-31-2025 3,332,882 4,271 0.4%
Charter Communications Operating LLC Term Loan B 1st Lien F/R 04-15-2025 29,848 39 0.0%
Chemtrade Logistics Income Fund 4.75% 05-31-2024 Conv. Callable 2022 320,000 275 0.0%
Chloe Ox Parent LLC Term Loan 1st Lien F/R 12-19-2024 2,574,000 3,369 0.3%
Citadel LLC Term Loan B 1st Lien F/R 02-22-2026 17,370,000 22,804 2.0%
Civitas Solutions Inc. Term Loan 1st Lien F/R 02-05-2026 2,583,904 3,402 0.3%
Clarity Telecom LLC Term Loan 1st Lien F/R 06-27-2026 3,500,000 4,583 0.4%
Coeur Mining Inc. 5.88% 06-01-2024 Callable 2020 250,000 319 0.0%
CommScope Technologies Finance LLC 8.25% 03-01-2027 Callable 2022 144A 410,000 548 0.0%
CommScope Technologies LLC 5.00% 03-15-2027 Callable 2022 144A 400,000 458 0.0%
Commercial Vehicle Group Inc. Term Loan B 1st Lien F/R 03-30-2023 3,198,329 4,188 0.4%
Commonwealth of Bahamas 5.75% 01-16-2024 230,000 322 0.0%
Commonwealth of Bahamas 6.95% 11-20-2029 70,000 103 0.0%
Concrete Pumping Merger Sub Inc. Term Loan 1st Lien F/R 11-14-2025 7,458,500 9,621 0.9%
Conterra Ultra Broadband Holdings Inc. Term Loan B 1st Lien F/R 04-26-2026 3,750,000 4,929 0.4%
Cook & Boardman Group LLC Term Loan 1st Lien F/R 10-12-2025 5,144,150 6,703 0.6%
Corel Corp. Term Loan 1st Lien F/R 05-11-2024 1,058,795 1,387 0.1%
Crew Energy Inc. 6.50% 03-14-2024 Callable 290,000 254 0.0%
Crown Subsea Communications Holding Inc. Term Loan 1st Lien F/R 11-02-2025 8,493,375 11,081 1.0%
CryoLife Inc. Term Loan B 1st Lien F/R 11-15-2024 1,812,400 2,379 0.2%
Currency Put Option USD/CAD 07-05-2019 Strike $1.3250 25,160,000 393 0.0%
DBRS Ltd. Term Loan 1st Lien F/R 03-04-2022 3,573,703 4,689 0.4%
DHX Media Ltd. 5.88% 09-30-2024 Conv. 210,000 153 0.0%
DMT Solutions Global Corp. Term Loan 1st Lien F/R 06-25-2024 1,434,125 1,817 0.2%
Dawn Acquisition LLC Term Loan 1st Lien F/R 10-25-2025 4,591,763 5,923 0.5%
Deerfield Dakota Holding LLC Term Loan 1st Lien F/R 02-13-2025 2,693,250 3,527 0.3%
Diamond (BC) BV Term Loan 1st Lien F/R 09-06-2024 5,227,274 6,038 0.5%
Dollarama Inc. F/R 03-16-2020 2,500,000 2,504 0.2%
Drax Group PLC 6.63% 11-01-2025 Callable 2021 144A 650,000 879 0.1%
Drive Chassis Holdco LLC. Term Loan 2nd Lien F/R 04-12-2026 2,420,000 3,054 0.3%
Drive DeVilbiss Healthcare Ltd. Term Loan 1st Lien F/R 01-03-2023 3,516,374 3,275 0.3%
Dynamic Energy Services International LLC 1,995,196 274 0.0%
Dynamic Energy Services International LLC Term Loan B 1st Lien F/R 05-06-2019 1,687,211 254 0.0%
ENC Holding Corp. Term Loan 1st Lien F/R 05-30-2025 1,747,554 2,266 0.2%
EagleTree-Carbide Acquisition Corp. Term Loan 1st Lien F/R 08-28-2024 9,227,443 11,933 1.1%
Eastern Power LLC Term Loan B 1st Lien F/R 10-02-2023 2,606,553 3,415 0.3%
Electrical Components International Inc. Term Loan 1st Lien F/R 06-22-2025 5,029,200 6,059 0.5%
Electrical Components International Inc. Term Loan 2nd Lien F/R 06-22-2026 910,000 1,126 0.1%
EnTrans International LLC Term Loan 1st Lien F/R 10-29-2025 5,698,000 7,387 0.7%
Ensono LP Term Loan 1st Lien F/R 04-30-2025 4,664,750 6,103 0.5%
Enterprise Merger Sub Inc. Term Loan 1st Lien F/R 09-28-2025 4,586,950 5,324 0.5%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 7,440,000 7,941 0.7%
Exela Intermediate LLC Term Loan B 1st Lien F/R 07-12-2023 4,250,068 4,795 0.4%
FXI Holdings Inc. 7.88% 11-01-2024 Callable 2020 144A 860,000 1,051 0.1%
First Eagle Holdings Inc. Term Loan B 1st Lien F/R 12-01-2024 6,663,300 8,719 0.8%
Forming Machining Industries Holdings LLC Term Loan 1st Lien F/R 10-03-2025 4,716,300 6,022 0.5%
Fortress Transportation and Infrastructure Investors LLC 6.50% 10-01-2025 Callable 2021 144A 790,000 1,070 0.1%
Fortress Transportation and Infrastructure Investors LLC 6.75% 03-15-2022 Callable 2020 144A 650,000 886 0.1%
Foundation Building Materials LLC Term Loan B 1st Lien F/R 05-11-2025 2,079,550 2,716 0.2%
Frontera Generation Holdings LLC Term Loan B 1st Lien F/R 04-25-2025 6,077,266 7,786 0.7%
Fusion Connect Inc. Term Loan 1st Lien F/R 06-03/2019 123,900 162 0.0%
Fusion Connect Inc. Term Loan B 1st Lien F/R 05-03-2023 3,625,514 3,205 0.3%
Fusion Connect Inc. Term Loan DIP 1st Lien F/R 10-03-2019 245,000 318 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 12-01-2022 2,888,571 3,806 0.3%
GFL Environmental Inc. 5.38% 03-01-2023 Callable 2020 144A 317,000 413 0.0%
GFL Environmental Inc. 5.63% 05-01-2022 Callable 2019 144A 173,000 228 0.0%
GFL Environmental Inc. 7.00% 06-01-2026 Callable 2021 144A 810,000 1,085 0.1%
GLOBALFOUNDRIES Inc. Term Loan B 1st Lien F/R 05/24/2026 11,680,000 15,104 1.4%
Garda World Security Corp. 7.25% 11-15-2021 Callable 144A 700,000 919 0.1%
Garda World Security Corp. Term Loan B 1st Lien F/R 05-26-2024 1,739,500 1,722 0.2%
Gateway Casinos & Entertainment Ltd. Term Loan B 1st Lien F/R 03-13-2025 5,309,040 6,866 0.6%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 1,802,000 1,884 0.2%
Global Business Travel Holdings Ltd. Term Loan B 1st Lien F/R 07-20-2025 1,141,375 1,499 0.1%
Greenhill & Co. Inc. Term Loan B 1st Lien F/R 04-05-2024 2,430,000 3,174 0.3%
Hadrian Merger Sub Inc. 8.50% 05-01-2026 Callable 2021 144A 2,002,000 2,501 0.2%
Halo Buyer Inc. Term Loan 1st Lien F/R 06-28-2025 2,332,498 3,024 0.3%
Heartland Dental LLC Delay Draw Term Loan 1st Lien F/R 04-17-2025 34,539 43 0.0%
Heartland Dental LLC Term Loan 1st Lien F/R 04-17-2025 1,539,446 1,915 0.2%
Hornblower Sub LLC Term Loan 1st Lien F/R 04-28-2025 3,354,467 4,401 0.4%
Hudson River Trading LLC Term Loan B 1st Lien F/R 04-03-2025 2,862,789 3,754 0.3%
Hyster-Yale Group Inc. Term Loan B 1st Lien F/R 05-30-2023 3,305,744 4,275 0.4%
IEA Energy Services LLC Term Loan 1st Lien F/R 09-25-2024 8,474,000 10,417 0.9%
II-VI Inc. Term Loan B 1st Lien F/R 05-08-2026 8,470,000 10,946 1.0%
IQVIA Holdings Inc. 5.00% 05-15-2027 Callable 2022 144A 320,000 432 0.0%
Imagine! Print Solutions Inc. Term Loan 1st Lien F/R 06-21-2022 1,769,678 1,941 0.2%
Innovative Water Care Global Corp. Term Loan 1st Lien F/R 02-27-2026 6,822,900 8,496 0.8%
Institutional Shareholder Services Inc. Term Loan 1st Lien F/R 02-26-2026 5,910,000 7,681 0.7%
Integro Ltd. United States Term Loan B1 1st Lien F/R 10-31-2022 3,718,870 4,773 0.4%
Inter Pipeline Ltd. F/R 03-26-2079 Callable 2029 1,510,000 1,565 0.1%
Interior Logic Group Holdings IV LLC Term Loan B 1st Lien F/R 05-21-2025 4,575,375 5,924 0.5%
Intermedia Holdings Inc. Term Loan B 1st Lien F/R 07-13-2025 3,582,000 4,703 0.4%
International Textile Group Inc. Term Loan 1st Lien F/R 04-19-2024 2,778,048 3,383 0.3%
International Textile Group Inc. Term Loan 2nd Lien F/R 04-19-2025 670,000 763 0.1%
Isagenix International LLC Term Loan 1st Lien F/R 04-26-2025 5,377,000 5,598 0.5%
JP Intermediate B LLC Term Loan 1st Lien F/R 10-19-2025 3,168,750 3,621 0.3%
Jane Street Group LLC. Term Loan B 1st Lien F/R 08-25-2022 3,880,226 5,060 0.5%
Janus International Group LLC Term Loan 1st Lien F/R 02-15-2025 380,000 499 0.0%
Jefferies Finance LLC Term Loan 1st Lien F/R 05-21-2026 2,420,000 3,169 0.3%
Keane Group Holdings LLC Term Loan B 1st Lien F/R 05-18-2025 6,405,300 8,297 0.7%
Kestra Advisor Services Holdings A Inc. Term Loan 1st Lien F/R 04-29-2026 3,920,000 5,113 0.5%
Kestrel Acquisition LLC Term Loan B 1st Lien F/R 05-02-2025 4,280,447 5,486 0.5%
Keyera Corp. F/R 06-13-2079 Callable 2029 1,620,000 1,640 0.1%
Keystone Peer Review Organization Holdings Inc. Term Loan 1st Lien F/R 05-01-2024 2,077,988 2,660 0.2%
Kruger Products LP 6.00% 04-24-2025 Callable 2021 540,000 523 0.0%
L&W Inc. Term Loan 1st Lien F/R 05-17-2025 5,820,456 7,470 0.7%
LABL Escrow Issuer LLC 10.50% 07-15-2027 Callable 2022 144A 3,037,000 3,999 0.4%
LABL Escrow Issuer LLC 6.75% 07-15-2026 Callable 2022 144A 1,909,000 2,533 0.2%
LBM Borrower LLC Term Loan 1st Lien F/R 08-20-2022 3,286,937 4,305 0.4%
LMBE-MC HoldCo II LLC Term Loan B 1st Lien F/R 11-15-2025 3,742,707 4,907 0.4%
Lannett Co. Inc. Term Loan B 1st Lien F/R 11-25-2022 6,337,754 7,802 0.7%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2020 144A 400,000 535 0.0%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-18-2022 4,053,033 5,308 0.5%
LifeScan Global Corp. Term Loan 1st Lien F/R 06-19-2024 11,029,950 13,830 1.2%
LifeScan Global Corp. Term Loan 2nd Lien F/R 06-19-2025 2,290,000 2,744 0.2%
Logibec Groupe Informatique Ltd. Term Loan 1st Lien F/R 01-15-2020 2,978,194 2,828 0.3%
MEG Energy Corp. Term Loan B 1st Lien F/R 12-31-2023 880,200 1,154 0.1%
MIP IV Boomerang MergerSub LP Term Loan B 1st Lien F/R 10-01-2025 1,935,150 2,533 0.2%
MacDonald, Dettwiler & Associates Ltd. Term Loan B 1st Lien F/R 10-04-2024 12,696,030 15,061 1.4%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 395,000 412 0.0%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 144A 180,000 248 0.0%
Matterhorn Merger Sub LLC 8.50% 06-01-2026 Callable 2021 144A 2,684,000 3,117 0.3%
McAfee LLC Term Loan 1st Lien F/R 09-29-2024 1,147,111 1,502 0.1%
McDermott Escrow 1 Inc. 10.63% 05-01-2024 Callable 2021 144A 4,830,000 5,928 0.5%
McDermott Technology Americas Inc. Term Loan B 1st Lien F/R 04-05-2025 3,692,951 4,764 0.4%
Mercer International Inc. 7.38% 01-15-2025 Callable 2021 144A 470,000 656 0.1%
Meredith Corp. 6.88% 02-01-2026 Callable 2021 160,000 223 0.0%
Meredith Corp. Term Loan B 1st Lien F/R 01-31-2025 5,411,198 7,090 0.6%
Micron Technology Inc. Term Loan B 1st Lien F/R 04-26-2022 1,178,260 1,543 0.1%
Milk Specialties Co. Term Loan 1st Lien F/R 08-16-2023 1,268,529 1,631 0.1%
Millar Western Forest Products Ltd. 9.50% 06-20-2023 Callable 2020 330,000 335 0.0%
Minotaur Acquisition Inc. Term Loan 1st Lien F/R 02-27-2026 5,785,500 7,469 0.7%
Mirion Technologies Inc. Term Loan B 1st Lien F/R 03-04-2026 1,140,000 1,500 0.1%
Multi-Color Corp. Bridge Loan Exp. 02-25-2020 6,500,000 0.0%
Multi-Color Corp. Term Loan B 1st Lien F/R 06-17-2026 4,930,000 6,470 0.6%
MyNEXUS Inc. Term Loan 1st Lien F/R 06-19-2024 4,550,000 5,809 0.5%
NORDAM Group Inc. Term Loan B-Exit 1st Lien F/R 04-04-2026 836,200 1,096 0.1%
NRG Yield Operating LLC 5.38% 08-15-2024 Callable 160,000 213 0.0%
Natel Engineering Co. Inc. Term Loan B 1st Lien F/R 04-29-2026 3,710,000 4,865 0.4%
Neenah Foundry Co. Term Loan B 1st Lien F/R 12-08-2022 3,443,748 4,465 0.4%
New Red Finance Inc. 5.00% 10-15-2025 Callable 2020 144A 880,000 1,163 0.1%
Nexstar Escrow Inc. 5.63% 07-15-2027 Callable 2022 144A 1,737,000 2,337 0.2%
Nexstar Media Group Inc. Bridge Loan Exp. 11-30-2019 6,070,000 0.0%
Norbord Inc. 5.75% 07-15-2027 Callable 2022 144A 630,000 836 0.1%
Numericable-SFR 7.38% 05-01-2026 Callable 2021 144A 620,000 833 0.1%
OCI Beaumont LLC Term Loan B 1st Lien F/R 02-16-2025 3,545,125 4,648 0.4%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 2,600,655 3,453 0.3%
Osteon Merger Sub Inc. Term Loan B 1st Lien F/R 02-06-2025 1,420,607 1,859 0.2%
Owens & Minor Inc. Term Loan B 1st Lien F/R 05-01-2025 8,376,700 9,116 0.8%
Oxbow Carbon LLC Term Loan B 1st Lien F/R 12-18-2022 1,887,000 2,479 0.2%
Oxbow Carbon LLC Term Loan B 2nd Lien F/R 12-18-2023 1,790,000 2,347 0.2%
PLH Group Inc. Term Loan 1st Lien F/R 08-06-2023 3,061,320 3,969 0.4%
PS HoldCo LLC Term Loan 1st Lien F/R 03-02-2025 2,838,550 3,687 0.3%
PSC Industrial Outsourcing LP Term Loan 2nd Lien F/R 10-05-2025 1,180,000 1,491 0.1%
PSC Industrial Outsourcing LP Term Loan B 1st Lien F/R 10-05-2024 4,037,000 5,276 0.5%
Panther BF Aggregator 2 LP 4.38% 05-15-2026 Callable 2022 120,000 185 0.0%
Panther BF Aggregator 2 LP 6.25% 05-15-2026 144A 560,000 763 0.1%
Panther BF Aggregator 2 LP 8.50% 05-15-2027 Callable 2022 144A 1,030,000 1,389 0.1%
Panther BF Aggregator 2 LP Term Loan B 1st Lien F/R 03-18-2026 5,760,000 7,498 0.7%
Par Pharmaceutical Inc. 7.50% 04-01-2027 Callable 2022 144A 240,000 309 0.0%
Park Aerospace Holdings Ltd. 5.25% 08-15-2022 144A 150,000 206 0.0%
Parkland Fuel Corp. 5.88% 07-15-2027 Callable 2022 144A 101,000 134 0.0%
Parkland Fuel Corp. 6.00% 04-01-2026 Callable 2021 144A 1,043,000 1,403 0.1%
Petroleos De Venezuela SA 6.00% 05-16-2024 1,340,000 396 0.0%
Pisces Midco Inc. 8.00% 04-15-2026 Callable 2021 144A 916,000 1,168 0.1%
Pixelle Specialty Solutions LLC Term Loan B 1st Lien F/R 10-23-2024 1,532,300 1,985 0.2%
Plaskolite PPC Intermediate II LLC Term Loan 1st Lien F/R 12-12-2025 3,800,900 4,946 0.4%
Pluto Acquisition I Inc. Term Loan 1st Lien F/R 06-18-2026 5,020,000 6,525 0.6%
Polymer Process Holdings Inc. Term Loan 1st Lien F/R 04-29-2026 5,650,000 7,288 0.7%
Prairie ECI Acquiror LP Term Loan 1st Lien F/R 03-07-2026 1,137,150 1,498 0.1%
Premier Dental Services Inc. Term Loan B 1st Lien F/R 06-30-2023 1,991,515 2,588 0.2%
Project Leopard Holdings Inc. Term Loan 1st Lien F/R 07-07-2023 4,925,250 6,454 0.6%
Propulsion Acquisition LLC Term Loan 1st Lien F/R 07-13-2021 2,598,601 3,369 0.3%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 02-15-2024 3,832,746 4,751 0.4%
Quad/Graphics Inc. 7.00% 05-01-2022 560,000 745 0.1%
Quad/Graphics Inc. Term Loan B 1st Lien F/R 06-30-2026 1,113,000 1,456 0.1%
R.R. Donnelley & Sons Co. Term Loan B 1st Lien F/R 01-04-2024 5,135,195 6,683 0.6%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien F/R 01-02-2025 2,598,639 3,386 0.3%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 2,910,000 3,514 0.3%
Rackspace Hosting Inc. Term Loan B 1st Lien F/R 11-03-2023 9,886,959 11,989 1.1%
Radiate Holdco LLC Term Loan 1st Lien F/R 02-01-2024 3,730,000 4,841 0.4%
Rayonier AM Products Inc. 5.50% 06-01-2024 Callable 2019 144A 430,000 481 0.0%
Reliance Intermediate Holdings LP 6.50% 04-01-2023 Callable 2020 144A 540,000 731 0.1%
Renfro Corp. Term Loan B 1st Lien F/R 03-31-2021 7,043,719 9,132 0.8%
Research Now Group Inc. Term Loan 1st Lien F/R 12-20-2024 6,750,996 8,830 0.8%
Research Now Group Inc. Term Loan 2nd Lien F/R 12-20-2025 530,000 684 0.1%
Resolute Forest Products Inc. 5.88% 05-15-2023 40,000 53 0.0%
Resolute Investment Managers Inc. Term Loan 2nd Lien F/R 04-30-2023 750,000 990 0.1%
Restaurant Technologies Inc. Term Loan 2nd Lien F/R 09-24-2026 490,000 644 0.1%
Rite Aid Corp. 6.13% 04-01-2023 Callable 2020 144A 160,000 177 0.0%
Rite Aid Corp. 7.70% 02-15-2027 160,000 125 0.0%
Robertshaw US Holding Corp. Term Loan 1st Lien F/R 02-15-2025 8,748,851 10,598 1.0%
Robertshaw US Holding Corp. Term Loan 2nd Lien F/R 02-15-2026 191,000 219 0.0%
Russel Metals Inc. 6.00% 03-16-2026 Callable 2021 360,000 370 0.0%
Russell Investments US Institutional Holdings Term Loan B 1st Lien F/R 06-01-2023 582,443 757 0.1%
SIRVA Worldwide Inc. Term Loan 1st Lien F/R 07-31-2025 2,103,375 2,680 0.2%
SIWF Holdings Inc. Term Loan 1st Lien F/R 05-25-2025 650,757 847 0.1%
SMI Acquisition Inc. Term Loan 1st Lien F/R 10-27-2024 1,576,000 1,868 0.2%
SMI Acquisition Inc. Term Loan 2nd Lien F/R 10-27-2025 470,000 449 0.0%
SRS Distribution Inc. Term Loan B 1st Lien F/R 05-17-2025 3,378,577 4,253 0.4%
SS&C Technologies Inc. Term Loan B5 1st Lien F/R 04-16-2025 7,165,155 9,362 0.8%
Sabre Industries Inc. Term Loan B 1st Lien F/R 04-09-2026 1,710,000 2,239 0.2%
Saffron Borrowco LLC Term Loan 1st Lien F/R 06-20-2025 2,820,000 3,430 0.3%
Savage Enterprises LLC Term Loan B 1st Lien F/R 07-02-2025 1,458,240 1,916 0.2%
Scientific Games International Inc. Term Loan B5 1st Lien F/R 08-14-2024 859,125 1,110 0.1%
Securus Technologies Holdings Inc. Term Loan 1st Lien F/R 11-01-2024 764,301 934 0.1%
Sigma Bidco BV Term Loan B 1st Lien F/R 03-07-2025 4,850,000 7,083 0.6%
Solenis International LP Term Loan 1st Lien F/R 12-18-2023 1,054,673 1,367 0.1%
Sorenson Communications LLC Term Loan 1st Lien F/R 03-14-2024 3,100,000 4,075 0.4%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2019 144A 2,007,000 1,873 0.2%
Source Energy Services Ltd. 15,474 11 0.0%
Springs Window Fashion Holdings Inc. Term Loan 2nd Lien F/R 05-24-2026 2,130,000 2,674 0.2%
Sprint Corp. 7.13% 06-15-2024 120,000 167 0.0%
Sprint Corp. 7.88% 09-15-2023 130,000 185 0.0%
St. Joseph Energy Center LLC Term Loan 1st Lien F/R 04-06-2025 4,292,535 5,593 0.5%
Star West Generation LLC Term Loan B 1st Lien F/R 03-13-2020 2,832,075 3,639 0.3%
Starfruit US Holdco LLC 8.00% 10-01-2026 Callable 2021 144A 670,000 906 0.1%
Stars Group Holdings BV Term Loan B 1st Lien F/R 07-10-2025 814,249 1,068 0.1%
Superior Industries International Inc. Term Loan B 1st Lien F/R 03-22-2024 3,733,122 4,669 0.4%
Superior Plus LP 7.00% 07-15-2026 Callable 2021 144A 930,000 1,256 0.1%
Syniverse Holdings Inc. Term Loan 1st Lien F/R 02-09-2023 1,920,600 2,319 0.2%
TC Energy Corp. Pfd. Series 15 36,436 911 0.1%
Technimark LLC Term Loan 1st Lien F/R 08-08-2025 2,673,300 3,448 0.3%
Tenet Healthcare Corp. 6.25% 02-01-2027 Callable 2022 144A 520,000 705 0.1%
Tenet Healthcare Corp. 6.75% 06-15-2023 960,000 1,266 0.1%
Tensar International Corp. Term Loan 2nd Lien F/R 07-09-2022 818,118 972 0.1%
Terex Corp. Term Loan 1st Lien F/R 01-31-2024 588,000 765 0.1%
TerraForm Power Operating LLC 5.00% 01-31-2028 Callable 2027 144A 590,000 777 0.1%
Teva Pharmaceutical Industries Ltd. 2.80% 07-21-2023 616,000 700 0.1%
The Pasha Group Term Loan B 1st Lien F/R 12-13-2022 5,089,975 6,736 0.6%
Thor Industries Inc. Term Loan B 1st Lien F/R 11-01-2025 4,113,001 5,322 0.5%
Titan Acquisition Ltd. 7.75% 04-15-2026 Callable 2021 144A 640,000 759 0.1%
Titan Acquisition Ltd. Term Loan 1st Lien F/R 03-16-2025 727,265 912 0.1%
TransAlta Corp. Pfd. Series A 61,359 660 0.1%
Travelport Finance Luxembourg Sarl Term Loan 1st Lien F/R 03-18-2026 11,480,000 14,183 1.3%
TriMark USA LLC Term Loan 1st Lien F/R 09-15-2024 9,011,876 9,854 0.9%
Trico Group LLC Term Loan 1st Lien F/R 02-02-2024 2,939,872 3,730 0.3%
Triton Solar US Acquisition Co. Term Loan B 1st Lien F/R 10-12-2024 1,511,125 1,863 0.2%
Trulieve Cannabis Corp. 9.75% 06-18-2024 900,000 1,143 0.1%
Trulieve Cannabis Corp. Warrants Exp.06-18-2022 18,900 59 0.0%
US Renal Care Inc. Term Loan B 1st Lien F/R 06-14-2026 7,220,000 9,299 0.8%
USA Compression Partners LP 6.88% 09-01-2027 Callable 2022 30,000 41 0.0%
Uber Technologies Inc. 8.00% 11-01-2026 Callable 2021 144A 5,450,000 7,621 0.7%
Uber Technologies Inc. Term Loan 1st Lien F/R 03-21-2025 3,937,420 5,166 0.5%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 7,337,898 9,614 0.9%
Ultra Clean Holdings Inc. Term Loan B 1st Lien F/R 08-27-2025 8,876,400 11,043 1.0%
Unimin Corp. Term Loan 1st Lien F/R 05-21-2025 4,290,166 4,567 0.4%
VIP Cineman Holdings Inc. Term Loan 1st Lien F/R 03-01-2023 4,775,949 5,754 0.5%
VRX Escrow Corp. 6.13% 04-15-2025 Callable 2020 144A 160,000 214 0.0%
VVC Holding Corp. Term Loan B 1st Lien F/R 02-07-2026 5,980,000 7,826 0.7%
VeriFone Systems Inc. Term Loan 1st Lien F/R 08-09-2025 5,572,000 7,096 0.6%
VeriFone Systems Inc. Term Loan 1st Lien F/R 08-20-2025 2,514,000 3,230 0.3%
Vertex Aerospace Services Corp. Term Loan B 1st Lien F/R 06-14-2025 1,951,788 2,567 0.2%
Vesta Energy Corp. 8.13% 07-24-2023 Callable 2020 144A 450,000 421 0.0%
Victory Capital Holdings Inc. Term Loan B 1st Lien F/R 06-07-2026 2,780,000 3,647 0.3%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 905,538 1,182 0.1%
Vyaire Medical Inc. Term Loan B 1st Lien F/R 04-06-2025 4,430,126 5,250 0.5%
WellDyneDx Inc. Term Loan 1st Lien F/R 08-16-2022 487,150 633 0.1%
Werner FinCo LP Term Loan 1st Lien F/R 06-23-2024 4,769,804 6,016 0.5%
Westcoast Energy Inc. 5.20% Cum. Red. First Pfd. Series 12 14,700 379 0.0%
Western Dental Services Inc. Term Loan B 1st Lien F/R 06-30-2023 4,567,050 5,936 0.5%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 144A 660,000 909 0.1%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 3,802,209 4,921 0.4%
Yak Access LLC Term Loan B 1st Lien F/R 06-26-2025 7,011,250 8,487 0.8%
Yak Access LLC Term Loan B 2nd Lien F/R 06-29-2026 940,000 1,072 0.1%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 862,021 1,129 0.1%
eG Global Finance PLC 6.75% 02-07-2025 Callable 2021 144A 1,110,000 1,449 0.1%
iQor US Inc. Term Loan 2nd Lien F/R 04-01-2022 3,600,000 4,054 0.4%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 2,489,482 3,185 0.3%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 09-20-2019 832 44 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 01-17-2020 718 163 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 11-15-2019 718 109 0.0%
Total Investments -- 1,098,334 97.0%
Cash & Equivalents -- 39,471 5.2%
Currency Hedge Contracts -- 21,394 1.9%
Other Assets (Liabilities) -- -45,946 -4.1%
Total Net Assets -- 1,113,253 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of August 31, 2019
  • Regional Allocation
      United States
    85.1%
      Canada
    9.7%
      Netherlands
    1.6%
      Luxembourg
    1.4%
      Colombia
    0.5%
      United Arab Emirates
    0.3%
      United Kingdom
    0.3%
      Ireland
    0.1%
      Other
    0.1%
      France
    0.1%
      Cash & Equivalents 0.8%
  • Sector Allocation
      Bank Loans 88.1%
      Corporate Bonds 8.6%
      Federal Bonds 2%
      Cash & Equivalents 0.8%
      Equities 0.5%
Credit Allocation (%)
AAA 2.1%
AA 0%
A 0%
BBB 3.5%
BB 21%
B 61.5%
CCC & Below 6.8%
NR 5.2%
Cash & Equivalents -0.8%
Equities 0.6%

Other Global Fixed Income Funds

Portfolio Managers

Steve Locke, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Fixed Income Team

Investment experience since 1995

Movin Mokbel, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2000

Felix Wong, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 1988

Dan Cooper, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

You can no longer purchase this fund under the US dollar settlement option.

Fund Risk Measures:
  • Annualized Standard Deviation: A measure of how widely returns varied over a period. A lower standard deviation means the returns of the fund have historically been less volatile and vice-versa. Standard deviation is a measure of historical risk; future risk may be different.
  • Annualized Standard Deviation Benchmark: A measure of how widely returns varied over a period. A lower standard deviation means the returns of the benchmark have historically been less volatile, and vice-versa.
  • Alpha: A measure of the difference between a portfolio's actual return and its expected return given its level of risk. Risk is measured by beta. A positive number indicates that it has performed better than beta would predict.
  • Beta: A measure of the tendency of the value of the fund and the value of the benchmark to move together. The market has a beta of 1. If beta of a fund is higher than 1, the movement in value compared to the benchmark tends to be amplified. A beta less than 1 means the movement in value tends to be dampened.
  • R2: A measure that represents the percentage of a fund's movements that can be attributed to movements of a benchmark index.
  • Sharpe Ratio: A measure of how much of a fund's excess return is achieved for a certain level of risk. The greater a fund's Sharpe Ratio, the higher the risk-adjusted returns.

Effective June 1, 2018, the management fee and/or administration fee of series F, PW, PWB, PWT, PWFB, and PWX of the fund was reduced. The new fees will not be fully reflected in the current MER until the semi-annual MER for the period ended September 30, 2019.

Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investment funds. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution, or optional charges or income taxes payable by any security holder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

For changes in the business, operations or affairs of an investment fund, and reorganization or acquisition of assets in an investment fund during the most recent 10 years that could have materially affected the performance of the investment fund, please refer to the "Major Changes During the Last 10 Years” section in the most recent Annual Information Form.

Mutual Fund US Dollar Settlement Option details.

Index performance does not include the impact of fees, commissions, and expenses that would be payable by investors in the investment products that seek to track an index.

The rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the investment fund or asset allocation service or returns on investment in the investment fund or from the use of the asset allocation service.

* The S&P/LSTA Leveraged Loan Index (Hedged to CAD) is a broad index designed to reflect the performance of U.S. dollar facilities in the leverage loan market. The foreign currency exposure of the Index is hedged back to the Canadian dollar.

†The major holdings of the Fund may, but do not necessarily, represent the largest holdings of the Fund. Rather, the major holdings are selected for their overall significance in evaluating the investment portfolio. Please see mackenzieinvestments.com/currency to view the funds/products using currency derivatives to hedge exchange risk.

‡ Credit ratings and rating categories are based on ratings issued by a designated rating organization.