Fund Portfolio – Mackenzie Income Fund Series A MFC291 MFC281 MFC7038 MFC3324 | Mackenzie Investments

Mackenzie Income Fund Series A

Asset Class: Canadian Balanced

Major Holdings (%) Help Top holdings by percentage

As of August 31, 2019
Major holdings represent 19.4% of the fund.
View all holdings
Total # of
Equity Holdings
134
Total # of
Fixed Income Holdings
530
Holding name, country and sector Percentage of holding in fund
Province of Ontario 2.90% 06-02-2049
Canada | Provincial Governments
3.9%
Province of Ontario 2.70% 06-02-2029
Canada | Provincial Governments
3.4%
Province of Quebec 3.50% 12-01-2048
Canada | Provincial Governments
2.6%
Government of Canada 2.75% 12-01-2048
Canada | Federal Government
2.2%
Province of Ontario 2.90% 06-02-2028
Canada | Provincial Governments
2.0%
Toronto-Dominion Bank/The
Canada | Diversified Banks
1.3%
Bank of Nova Scotia/The
Canada | Diversified Banks
1.3%
Royal Bank of Canada
Canada | Diversified Banks
1.2%
TC Energy Corp
Canada | Oil & Gas Storage & Transport
0.8%
Manulife Financial Corp
Canada | Life & Health Insurance
0.8%

Complete Fund Holdings Help Full holdings list

As of June 30, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.14% 03-06-2030 Callable 2029 383,120 403 0.0%
407 International Inc. 3.43% 06-01-2033 MTN 3,180,000 3,411 0.3%
407 International Inc. 3.60% 05-21-2047 Callable 1,590,000 1,753 0.2%
407 International Inc. 3.65% 09-08-2044 Callable MTN 476,239 526 0.0%
407 International Inc. 3.67% 03-08-2049 Callable 2048 566,239 634 0.1%
407 International Inc. 3.72% 05-11-2048 Callable 2047 1,960,000 2,211 0.2%
AAC holdings Inc. Term Loan 1st Lien F/R 06-30-2023 68,106 80 0.0%
AbbVie Inc. 13,000 1,238 0.1%
Access Justice Durham 5.02% 08-31-2039 3,384,604 4,014 0.4%
Acproducts Inc. Term Loan 1st Lien F/R 02-14-2024 552,038 690 0.1%
Adtalem Global Education Inc. Term Loan B 1st Lien F/R 04-09-2025 32,362 43 0.0%
Advanced Micro Devices Inc. 7.50% 08-15-2022 109,183 162 0.0%
Aegis Toxicology Sciences Corp. Term Loan B 1st Lien F/R 05-09-2025 158,800 200 0.0%
Aena SA 11,100 2,881 0.3%
AerCap Ireland Capital Designated Activity Co. 3.30% 01-23-2023 Callable 2022 1,050,000 1,394 0.1%
AerCap Ireland Capital Designated Activity Co. 4.45% 10-01-2025 Callable 2025 570,000 784 0.1%
AerCap Ireland Capital Designated Activity Co. 4.88% 01-16-2024 Callable 2023 342,215 481 0.0%
AI Ladder Luxembourg Term Loan B 1st Lien F/R 05-04-2025 171,630 219 0.0%
AIA Group Ltd. 113,200 1,599 0.1%
AIMCo Realty Investors LP 2.27% 06-26-2024 Callable 2024 1,570,000 1,571 0.1%
Aimco Realty Investors LP 2.712% 06-01-2029 Callable 2029 1,122,478 1,133 0.1%
AIMCo Realty Investors LP 3.04% 06-01-2028 Callable 2028 925,598 964 0.1%
Air Canada 40,633 1,613 0.1%
Air Liquide SA 16,099 2,950 0.3%
AL Midcoast Holdings LLC Term Loan B 1st Lien F/R 06-28-2025 428,598 563 0.0%
Alcami Carolinas Corp. Term Loan 1st Lien F/R 07-06-2025 381,755 497 0.0%
Alchemy US Holdco LLC Term Loan B 1st Lien F/R 10-01-2025 346,172 451 0.0%
Alcoa Nederland Holding BV 6.13% 05-15-2028 Callable 2023 144A 115,423 159 0.0%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 1,810,000 1,920 0.2%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 280,000 297 0.0%
Alimentation Couche-Tard Inc. Class B Sub. voting 20,475 1,687 0.1%
Allegiant Travel Co. Term Loan B 1st Lien F/R 01-29-2024 474,961 624 0.1%
Allergan PLC 13,500 2,960 0.3%
Allied Properties Real Estate Investment Trust 33,186 1,572 0.1%
AltaGas Ltd. Pfd. Series K 32,680 662 0.1%
AltaLink LP 3.72% 12-03-2046 Callable MTN 1,665,000 1,883 0.2%
Altice France SA Term Loan B13 1st Lien F/R 01-31-2026 200,852 258 0.0%
Altria Group Inc. 24,529 1,521 0.1%
AMC Entertainment Holdings Inc. 5.88% 11-15-2026 Callable 112,303 133 0.0%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 1,415,598 1,418 0.1%
Anheuser-Busch InBev Worldwide Inc. 4.75% 01-23-2029 Callable 2028 200,000 297 0.0%
APFS Staffing Holdings Inc. Term Loan 1st Lien F/R 04-10-2026 326,151 423 0.0%
Apple Inc. 7,500 1,944 0.2%
ARC Resources Ltd. 144,238 925 0.1%
ArcelorMittal SA 5.13% 06-01-2020 124,781 167 0.0%
Arcos Dorados Holdings Inc. 5.88% 04-04-2027 Callable 2022 296,355 402 0.0%
Arcos Dorados Holdings Inc. 6.63% 09-27-2023 124,781 177 0.0%
Ardonagh Midco 3 PLC 8.63% 07-15-2023 Callable 2020 115,423 141 0.0%
Aristocrat International Pty Ltd. Term Loan B 1st Lien F/R 10-19-2024 202,033 263 0.0%
Aroundtown SA 4.63% 09-18-2025 Callable 2025 1,152,478 1,202 0.1%
Artis Real Estate Investment Trust 3.68% 02-22-2021 576,239 584 0.1%
Asahi Group Holdings Ltd. 21,900 1,289 0.1%
Ashtead Capital Inc. 4.13% 08-15-2025 Callable 2020 144A 290,116 385 0.0%
Asian Development Bank 6.00% 02-24-2021 10,699,983 201 0.0%
AT&T Inc. 2.85% 05-25-2024 1,902,478 1,920 0.2%
AT&T Inc. 4.00% 11-25-2025 Callable 2025 1,759,359 1,865 0.2%
AT&T Inc. 4.35% 03-01-2029 Callable 2028 476,239 672 0.1%
Atlas Copco AB A 34,500 1,444 0.1%
B3 SA- Brasil Bolsa Balcao 97,739 1,249 0.1%
Baker Hughes a GE Co. 30,500 984 0.1%
Ball Metalpack Finco LLC Term Loan B 1st Lien F/R 07-26-2025 301,272 391 0.0%
Bank of America Corp. 3.30% 04-24-2024 Callable 2023 1,058,717 1,092 0.1%
Bank of America Corp. 3.95% 04-21-2025 390,000 536 0.0%
Bank of America Corp. F/R 04-25-2025 Callable 2024 1,162,478 1,183 0.1%
Bank of America Corp. F/R 09-20-2025 Callable 2024 1,746,530 1,814 0.2%
Bank of Montreal 54,522 5,393 0.6%
Bank of Montreal 2.27% 07-11-2022 3,370,000 3,397 0.3%
Bank of Montreal 2.70% 09-11-2024 DPNT 3,530,000 3,639 0.3%
Bank of Montreal 2.85% 03-06-2024 969,359 991 0.1%
Bank of Montreal 2.89% 06-20-2023 1,590,000 1,642 0.1%
Bank of Montreal 3.19% 03-01-2028 1,535,598 1,646 0.1%
Bank of Montreal 3.32% 06-01-2026 1,034,869 1,057 0.1%
Bausch Health Cos Inc. 5.75% 08-15-2027 Callable 2022 144A 34,315 47 0.0%
Bausch Health Cos Inc. 7.00% 01-15-2028 Callable 2023 144A 43,673 59 0.0%
Bausch Health Cos Inc. 8.50% 01-31-2027 Callable 2022 144A 34,315 50 0.0%
Bausch Health Cos Inc. 9.00% 12-15-2025 Callable 2021 137,259 201 0.0%
Bausch Health Cos Inc. Term Loan B 1st Lien F/R 05-24-2025 234,127 307 0.0%
Bayer AG 15,652 1,420 0.1%
Baytex Energy Corp. 5.63% 06-01-2024 Callable 2019 144A 193,411 242 0.0%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 2,040,000 2,127 0.2%
BCPE Cycle Merger Sub II Inc. 10.63% 07-15-2027 Callable 2022 144A 323,411 431 0.0%
Becton, Dickinson and Co. 12,855 4,242 0.4%
Bell Canada 2.70% 02-27-2024 Callable 2,890,000 2,927 0.3%
Bell Canada 3.80% 08-21-2028 Callable 2028 2,349,359 2,512 0.2%
Bell Canada 4.45% 02-27-2047 Callable 2,460,000 2,708 0.2%
Berry Global Escrow Corp. 4.88% 07-15-2026 Callable 2022 144A 56,151 75 0.0%
Boardriders Inc. Term Loan B 1st Lien F/R 03-21-2024 180,346 230 0.0%
BP Capital Markets PLC 3.47% 05-15-2025 2,158,076 2,280 0.2%
Brenntag AG 26,400 1,703 0.1%
Bright Bidco BV Term Loan B 1st Lien F/R 06-30-2024 200,721 188 0.0%
British American Tobacco PLC 32,600 1,490 0.1%
Broadcom Inc. 5,800 2,186 0.2%
Brookfield Asset Management Inc. Pfd. Series 46 20,778 508 0.0%
Brookfield Asset Management Inc. Pfd. Series 48 20,056 469 0.0%
Brookfield Infrastructure Finance ULC 4.20% 09-11-2028 Callable 2028 1,835,598 1,925 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 1,360,000 1,415 0.1%
Brookfield Renewable Energy Partners ULC 3.75% 06-02-2025 Callable 2025 750,000 785 0.1%
Brookfield Renewable Partners LP Pfd. Series 11 59,625 1,293 0.1%
Brookfield Renewable Partners ULC 4.25% 01-15-2029 Callable 2028 1,315,598 1,414 0.1%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 3,790,000 3,869 0.3%
Bruce Power LP 3.97% 06-23-2026 910,000 974 0.1%
Bulldog Purchaser Inc. Delayed Draw Term Loan 1st Lien F/R 08-31-2025 14,235 18 0.0%
Bulldog Purchaser Inc. Term Loan B 1st Lien F/R 08-31-2025 290,809 377 0.0%
Burger King France SAS 6.00% 05-01-2024 Callable 2020 143,498 229 0.0%
Burger King Worldwide Inc. Term Loan B 1st Lien F/R 02-16-2024 46,555 61 0.0%
BWAY Holding Co. 7.25% 04-15-2025 144A 93,586 118 0.0%
C&D Technologies Inc. Term Loan B 1st Lien F/R 12-13-2025 358,751 446 0.0%
C&W Senior Financing Designated Activity Co. 7.50% 10-15-2026 Callable 2021 144A 467,929 642 0.1%
Cabot Oil & Gas Corp. 22,300 671 0.1%
Calceus Acquisition Inc. Term Loan B1 1st Lien F/R 02-08-2025 68,955 90 0.0%
Calfrac Holdings LP 8.50% 06-15-2026 Callable 2021 144A 43,673 40 0.0%
California Resources Corp. 8.00% 12-15-2022 Callable 2019 144A 209,008 207 0.0%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 18,636 24 0.0%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 157,536 217 0.0%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 07-01-2024 489,647 622 0.1%
Canada Goose Inc. Term Loan 1st Lien F/R 12-02-2024 530,673 691 0.1%
Canada Housing Trust 2.90% 06-15-2024 530,000 561 0.0%
Canada Housing Trust F/R 03-15-2024 1,680,000 1,679 0.1%
Canadian Imperial Bank of Commerce 14,900 1,534 0.1%
Canadian Imperial Bank of Commerce 2.47% 12-05-2022 1,049,359 1,065 0.1%
Canadian Imperial Bank of Commerce 2.97% 07-11-2023 3,378,717 3,498 0.3%
Canadian Imperial Bank of Commerce 3.29% 01-15-2024 853,673 887 0.1%
Canadian Imperial Bank of Commerce 3.30% 05-26-2025 1,720,000 1,830 0.2%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 2,200,000 2,241 0.2%
Canadian Imperial Bank of Commerce F/R 06-19-2029 Callable 2024 1,072,478 1,078 0.1%
Canadian Mortgage Pools 1.75% 06-01-2024 1,020,000 1,014 0.1%
Canadian National Railway Co. 43,855 5,315 0.6%
Canadian National Railway Co. 3.00% 02-08-2029 Callable 2028 1,209,359 1,263 0.1%
Canadian National Railway Co. 3.60% 07-31-2048 Callable 2048 2,022,478 2,233 0.2%
Canadian Natural Resources Ltd. 138,174 4,879 0.5%
Canadian Natural Resources Ltd. 3.55% 06-03-2024 1,260,000 1,314 0.1%
Canadian Pacific Railway Ltd. 9,318 2,874 0.3%
Canadian Pacific Railway Ltd. 3.15% 03-13-2029 Callable 2028 839,359 866 0.1%
Canadian Tire Corp. Ltd. Class A non-voting 2,653 379 0.0%
Capital Power Corp. 4.28% 09-18-2024 Callable 2024 1,870,000 1,956 0.2%
Capital Power Corp. 4.99% 01-23-2026 Callable 2025 710,000 763 0.1%
CareCentrix Inc. Term Loan 1st Lien F/R 03-22-2025 948,593 1,241 0.1%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 03-31-2024 837,945 1,070 0.1%
CBS Corp. 4.20% 06-01-2029 Callable 2029 1,435,598 1,980 0.2%
CCL Industries Inc. 3.86% 04-13-2028 Callable 2028 988,717 1,051 0.1%
CCL Industries Inc. Class B non-voting 23,941 1,537 0.1%
CCO Holdings LLC 4.00% 03-01-2023 Callable 2019 144A 34,315 45 0.0%
CCO Holdings LLC 5.88% 04-01-2024 Callable 2019 144A 46,793 64 0.0%
CCS-CMGC Holdings Inc. Term Loan 1st Lien F/R 09-25-2025 259,889 336 0.0%
Celestica Inc. Term Loan B 1st Lien F/R 06-27-2025 12,416 16 0.0%
Centennial Resource Production LLC 5.38% 01-15-2026 Callable 2021 144A 74,869 93 0.0%
Central 1 Credit Union F/R 02-05-2021 630,000 630 0.1%
CEVA Logistics Finance BV Term Loan B 1st Lien F/R 08-03-2025 409,912 474 0.0%
Charter Communications Operating LLC 4.50% 02-01-2024 Callable 2024 1,032,478 1,442 0.1%
Charter Communications Operating LLC 5.05% 03-30-2029 Callable 2028 1,302,478 1,884 0.2%
Charter Communications Operating LLC Term Loan B 1st Lien F/R 04-15-2025 21,726 28 0.0%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 1,443,120 1,500 0.1%
Chartwell Retirement Residences 4.21% 04-28-2025 Callable 2025 619,359 656 0.1%
Choice Properties Real Estate Investment Trust 54,000 739 0.1%
Choice Properties Real Estate Investment Trust 3.54% 06-11-2029 Callable 2029 1,312,478 1,335 0.1%
Choice Properties Real Estate Investment Trust 4.06% 11-24-2025 Callable 2,280,000 2,428 0.2%
Choice Properties Real Estate Investment Trust 4.18% 03-08-2028 Callable 2027 1,944,315 2,085 0.2%
Cisco Systems Inc. 22,600 1,620 0.1%
Citadel LLC Term Loan B 1st Lien F/R 02-22-2026 1,656,530 2,175 0.2%
Civitas Solutions Inc. Term Loan 1st Lien F/R 02-05-2026 21,785 29 0.0%
Clarity Telecom LLC Term Loan 1st Lien F/R 06-27-2026 53,032 69 0.0%
CME Group Inc. 11,200 2,847 0.2%
Coca-Cola Femsa SAB de CV 3.88% 11-26-2023 249,562 344 0.0%
Coeur Mining Inc. 5.88% 06-01-2024 Callable 2020 79,548 102 0.0%
Colliers International Group Inc. 1,372 128 0.0%
Comber Wind Financial Corp. 5.13% 11-15-2030 3,179,665 3,530 0.3%
Commonwealth of Bahamas 5.75% 01-16-2024 430,343 603 0.1%
Commonwealth of Bahamas 6.00% 11-21-2028 Callable 2028 113,000 159 0.0%
Commonwealth of Bahamas 6.95% 11-20-2029 104,554 153 0.0%
CommScope Inc. Term Loan B2 1st Lien F/R 02-07-2026 340,554 445 0.0%
CommScope Technologies Finance LLC 8.25% 03-01-2027 Callable 2022 144A 174,694 234 0.0%
CommScope Technologies LLC 5.00% 03-15-2027 Callable 2022 144A 201,108 230 0.0%
Compagnie Financière Richemont SA 14,200 1,578 0.1%
Concrete Pumping Merger Sub Inc. Term Loan 1st Lien F/R 11-14-2025 93,011 120 0.0%
Constellation Brands Inc. Class A 7,900 2,037 0.2%
Constellium NV 4.25% 02-15-2026 Callable 2020 56,151 87 0.0%
Constellium NV 5.88% 02-15-2026 Callable 2020 144A 283,877 382 0.0%
Conterra Ultra Broadband Holdings Inc. Term Loan B 1st Lien F/R 04-26-2026 303,032 398 0.0%
Cordelio Amalco GP I 4.09% 06-30-2034 829,359 882 0.1%
Cordelio Amalco GP I 4.09% 09-30-2034 805,120 854 0.1%
Credit Acceptance Corp. 6.63% 03-15-2026 Callable 2022 59,271 82 0.0%
Crombie Real Estate Investment Trust 4.80% 01-31-2025 Callable 2024 496,239 528 0.0%
Crosslinx Transit Solutions General Partnership 4.65% 09-30-2046 2,230,000 2,449 0.2%
Crown Subsea Communications Holding Inc. Term Loan 1st Lien F/R 11-02-2025 528,831 690 0.1%
CSC Holdings LLC 6.50% 02-01-2029 Callable 2024 144A 96,705 138 0.0%
CU Inc. 3.76% 11-19-2046 Callable 2046 1,130,000 1,273 0.1%
CU Inc. 3.95% 11-23-2048 Callable 2048 1,232,478 1,439 0.1%
CU Inc. 3.96% 07-27-2045 Callable 490,000 568 0.0%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 53,032 73 0.0%
DaVita Healthcare Partners Inc. 5.00% 05-01-2025 Callable 2020 152,857 198 0.0%
Dawn Acquisition LLC Term Loan 1st Lien F/R 10-25-2025 37,200 48 0.0%
Dentsply Sirona Inc. 41,500 3,172 0.3%
Deutsche Boerse AG 20,700 3,835 0.3%
DHX Media Ltd. 5.88% 09-30-2024 Conv. 179,061 131 0.0%
Diageo PLC 28,900 1,626 0.1%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 220,000 297 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 440,000 622 0.1%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 440,000 636 0.1%
DISH DBS Corp. 5.88% 11-15-2024 131,020 162 0.0%
DMT Solutions Global Corp. Term Loan 1st Lien F/R 06-25-2024 15,013 19 0.0%
Drax Group PLC 6.63% 11-01-2025 Callable 2021 144A 224,606 304 0.0%
Drive Chassis Holdco LLC. Term Loan 2nd Lien F/R 04-12-2026 34,315 43 0.0%
Eagle Credit Card Trust 2.63% 10-17-2022 620,000 629 0.1%
Eagle Credit Card Trust 3.04% 07-17-2023 580,000 598 0.1%
EagleTree-Carbide Acquisition Corp. Term Loan 1st Lien F/R 08-28-2024 647,032 837 0.1%
Eastern Power LLC Term Loan B 1st Lien F/R 10-02-2023 208,288 273 0.0%
eG Global Finance PLC 6.75% 02-07-2025 Callable 2021 144A 237,084 310 0.0%
Electrical Components International Inc. Term Loan 1st Lien F/R 06-22-2025 468,302 564 0.0%
Electrical Components International Inc. Term Loan 2nd Lien F/R 06-22-2026 9,359 12 0.0%
Emera Inc. 48,215 2,580 0.2%
Emera Inc. 2.90% 06-16-2023 15,598 16 0.0%
Enbridge Gas Distribution Inc. 3.51% 11-29-2047 Callable 2047 1,720,000 1,859 0.2%
Enbridge Inc. 129,453 6,123 0.6%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 1,160,000 1,189 0.1%
Enbridge Inc. 4.57% 03-11-2044 5,920,000 6,482 0.7%
Enbridge Inc. 5.37% 09-27-2077 Callable 2027 7,314,838 7,235 0.7%
Enbridge Inc. F/R 04-12-2078 Callable 2028 2,672,857 2,868 0.3%
ENC Holding Corp. Term Loan 1st Lien F/R 05-30-2025 158,869 206 0.0%
EnCana Corp. 203,700 1,369 0.1%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 1,820,000 1,850 0.2%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 1,370,000 1,416 0.1%
Ensono LP Term Loan 1st Lien F/R 04-30-2025 33,750 44 0.0%
Enterprise Merger Sub Inc. Term Loan 1st Lien F/R 09-28-2025 272,943 317 0.0%
EnTrans International LLC Term Loan 1st Lien F/R 10-29-2025 381,913 495 0.0%
EPCOR Utilities Inc. 3.11% 07-08-2049 Callable 2049 1,232,478 1,246 0.1%
EPCOR Utilities Inc. 3.55% 11-27-2047 Callable 2047 1,311,837 1,434 0.1%
EPR Properties 4.95% 04-15-2028 Callable 2028 894,956 1,263 0.1%
Equifax Inc. 15,400 2,727 0.2%
Eurofins Scientific 2,600 1,506 0.1%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 211,423 226 0.0%
Exela Intermediate LLC Term Loan B 1st Lien F/R 07-12-2023 35,328 40 0.0%
FAGE International SA / FAGE USA Dairy Industry Inc. 5.63% 08-15-2026 Callable 2021 144A 491,326 571 0.1%
Fairfax Financial Holdings Ltd. 4.23% 06-14-2029 Callable 2029 473,120 479 0.0%
Fairfax Financial Holdings Ltd. 4.25% 12-06-2027 Callable 2027 520,000 537 0.0%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 745,423 793 0.1%
Fairfax Financial Holdings Ltd. 4.95% 03-03-2025 339,912 370 0.0%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 1,900,000 3,031 0.3%
Fédération des Caisses Desjardins du Québec 2.09% 01-17-2022 2,159,825 2,167 0.2%
Fédération des Caisses Desjardins du Québec 3.06% 09-11-2023 3,165,510 3,294 0.3%
Federative Republic of Brazil 10.00% 01-01-2029 31,195 129 0.0%
First Eagle Holdings Inc. Term Loan B 1st Lien F/R 12-01-2024 56,011 73 0.0%
First Quantum Minerals Ltd. 7.25% 04-01-2023 Callable 2019 144A 205,889 262 0.0%
Forming Machining Industries Holdings LLC Term Loan 1st Lien F/R 10-03-2025 287,560 367 0.0%
Fortified Trust 2.56% 03-23-2024 1,212,478 1,233 0.1%
Fortis Inc. 57,983 2,998 0.3%
FortisAlberta Inc. 3.67% 09-09-2047 Callable 2047 380,000 422 0.0%
FortisAlberta Inc. 3.74% 09-18-2048 Callable 2048 340,000 381 0.0%
Fortress Transportation and Infrastructure Investors LLC 6.50% 10-01-2025 Callable 2021 144A 447,813 606 0.1%
Fortress Transportation and Infrastructure Investors LLC 6.75% 03-15-2022 Callable 2020 144A 221,486 302 0.0%
Foundation Building Materials LLC Term Loan B 1st Lien F/R 05-11-2025 199,000 260 0.0%
Fresenius US Finance II Inc. 4.25% 02-01-2021 144A 249,562 336 0.0%
Frontera Generation Holdings LLC Term Loan B 1st Lien F/R 04-25-2025 387,625 497 0.0%
Fusion Connect Inc. Term Loan 1st Lien F/R 06-03/2019 3,724 5 0.0%
Fusion Connect Inc. Term Loan B 1st Lien F/R 05-03-2023 106,678 94 0.0%
Fusion Connect Inc. Term Loan DIP 1st Lien F/R 10-03-2019 7,248 9 0.0%
Futures Contracts -574 -0.1%
FXI Holdings Inc. 7.88% 11-01-2024 Callable 2020 144A 84,227 103 0.0%
Gateway Casinos & Entertainment Ltd. Term Loan B 1st Lien F/R 03-13-2025 102,521 133 0.0%
George Weston Ltd. 52,380 5,205 0.6%
GFL Environmental Inc. 5.38% 03-01-2023 Callable 2020 144A 129,662 169 0.0%
GFL Environmental Inc. 5.63% 05-01-2022 Callable 2019 144A 88,510 117 0.0%
GFL Environmental Inc. 7.00% 06-01-2026 Callable 2021 144A 242,215 325 0.0%
GFL Environmental Inc. Term Loan B 1st Lien F/R 05-31-2025 77,473 100 0.0%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 537,722 562 0.0%
GLOBALFOUNDRIES Inc. Term Loan B 1st Lien F/R 05/24/2026 975,335 1,261 0.1%
Golden Entertainment Inc. 7.63% 04-15-2026 Callable 2022 144A 53,032 72 0.0%
Government of Bermuda 3.72% 01-25-2027 Callable 2026 2,515,000 3,383 0.3%
Government of Bermuda 4.13% 01-03-2023 980,000 1,337 0.1%
Government of Bermuda 4.85% 02-06-2024 481,837 686 0.1%
Government of Canada 1.00% 06-01-2027 1,370,000 1,325 0.1%
Government of Canada 1.00% 09-01-2022 320,000 316 0.0%
Government of Canada 1.25% 12-01-2047 Real Return 14,630,000 20,273 1.9%
Government of Canada 1.50% 06-01-2026 260,000 261 0.0%
Government of Canada 1.50% 09-01-2024 27,140,000 27,287 2.5%
Government of Canada 1.75% 05-01-2021 4,280,000 4,301 0.4%
Government of Canada 2.00% 09-01-2023 960,000 983 0.1%
Government of Canada 2.25% 06-01-2029 16,990,000 18,218 1.7%
Government of Canada 2.75% 12-01-2048 21,730,000 27,089 2.5%
Government of Cayman Islands 5.95% 11-24-2019 21,837 30 0.0%
Government of Dominican Republic 7.45% 04-30-2044 143,498 219 0.0%
Government of El Salvador 7.38% 12-01-2019 90,466 119 0.0%
Government of Mexico 7.50% 06-03-2027 5,780,485 395 0.0%
Gray Escrow Inc. 7.00% 05-15-2027 Callable 2022 144A 21,837 31 0.0%
Greater Toronto Airports Authority 2.73% 04-03-2029 Callable 2029 423,120 437 0.0%
Greenhill & Co. Inc. Term Loan B 1st Lien F/R 04-05-2024 34,315 45 0.0%
Grifols Worldwide Operations USA Inc. Term Loan B 1st Lien F/R 01-31-2025 200,716 262 0.0%
Guala Closures SpA F/R 04-15-2024 Callable 2019 237,084 359 0.0%
H&R Real Estate Investment Trust 2.92% 05-06-2022 1,070,000 1,080 0.1%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 2,510,000 2,555 0.2%
H&R Real Estate Investment Trust 3.42% 01-23-2023 Callable 2022 752,478 769 0.1%
Hadrian Merger Sub Inc. 8.50% 05-01-2026 Callable 2021 144A 315,384 394 0.0%
Halo Buyer Inc. Term Loan 1st Lien F/R 06-28-2025 203,430 264 0.0%
Hannover Rueckversicherung SE Reg. 3,600 762 0.1%
HCA Holdings Inc. 5.25% 06-15-2026 Callable 2025 112,303 163 0.0%
HCA Inc. 5.88% 02-01-2029 Callable 2028 84,227 121 0.0%
Heathrow Funding Ltd. 3.25% 05-21-2025 2,558,104 2,651 0.2%
Heathrow Funding Ltd. 3.40% 03-08-2028 1,771,195 1,848 0.2%
Heathrow Funding Ltd. 3.79% 09-04-2030 Callable 2030 1,292,478 1,373 0.1%
Heineken Holding NV A 18,700 2,570 0.2%
Honeywell International Inc. 10,800 2,469 0.2%
Horizon Pharma Financing Inc. 6.63% 05-01-2023 Callable 2020 144A 46,793 63 0.0%
Hornblower Sub LLC Term Loan 1st Lien F/R 04-28-2025 64,669 85 0.0%
HSBC Bank Canada 2.17% 06-29-2022 1,380,000 1,380 0.1%
HSBC Bank Canada 2.25% 09-15-2022 646,239 648 0.1%
HSBC Bank Canada 3.25% 09-15-2023 1,410,000 1,467 0.1%
HSBC Holdings PLC 104,000 1,136 0.1%
HSBC Holdings PLC 3.20% 12-05-2023 2,680,000 2,754 0.2%
Husky Energy Inc. 4.45% 12-31-2049 Pfd. Series 1 19,890 257 0.0%
Hydro One Inc. 2.54% 04-05-2024 Callable 2024 969,359 988 0.1%
Hydro One Inc. 3.63% 06-25-2049 Callable 2048 710,000 774 0.1%
Hydro One Inc. 3.72% 11-18-2047 3,730,000 4,117 0.4%
Hydro-Quebec Interest Strip 0% 02-15-2025 2,300,000 2,059 0.2%
IEA Energy Services LLC Term Loan 1st Lien F/R 09-25-2024 559,198 687 0.1%
II-VI Inc. Term Loan B 1st Lien F/R 05-08-2026 174,542 226 0.0%
Ineos US Finance LLC Term Loan B 1st Lien F/R 03-31-2024 223,951 290 0.0%
Innovative Water Care Global Corp. Term Loan 1st Lien F/R 02-27-2026 484,936 604 0.1%
Institutional Shareholder Services Inc. Term Loan 1st Lien F/R 02-26-2026 85,912 112 0.0%
Intact Financial Corp. 7,621 922 0.1%
Intelsat Jackson Holdings SA 8.50% 10-15-2024 Callable 2020 144A 24,956 33 0.0%
Intelsat Jackson Holdings SA Term Loan B3 1st Lien F/R 11-27-2023 202,769 263 0.0%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 3,870,000 3,894 0.3%
Inter Pipeline Ltd. 3.17% 03-24-2025 Callable 2024 MTN 2,860,000 2,923 0.3%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 2,090,000 2,163 0.2%
Inter Pipeline Ltd. F/R 03-26-2079 Callable 2029 801,311 830 0.1%
Interior Logic Group Holdings IV LLC Term Loan B 1st Lien F/R 05-21-2025 24,769 32 0.0%
Intermedia Holdings Inc. Term Loan B 1st Lien F/R 07-13-2025 356,924 469 0.0%
International Finance Corp. 3.63% 05-20-2020 2,100,000 1,881 0.2%
International Finance Corp. 7.00% 07-20-2027 6,544,769 429 0.0%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 922,896 1,181 0.1%
IQVIA Holdings Inc. 5.00% 05-15-2027 Callable 2022 144A 68,630 93 0.0%
Iron Mountain Canada Operations ULC 5.38% 09-15-2023 Callable 2019 193,411 199 0.0%
Isagenix International LLC Term Loan 1st Lien F/R 04-26-2025 570,000 593 0.1%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $82.00 Exp. 07-19-2019 4,312 32 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 09-20-2019 937 50 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 11-15-2019 4,406 529 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 01-17-2020 565 128 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 11-15-2019 565 86 0.0%
Ivanhoe Cambridge II Inc. 2.91% 06-27-2023 Callable 2023 706,239 728 0.1%
Jane Street Group LLC. Term Loan B 1st Lien F/R 08-25-2022 496,097 647 0.1%
Janus International Group LLC Term Loan 1st Lien F/R 02-15-2025 200,000 262 0.0%
Japan Exchange Group Inc. 95,200 1,980 0.2%
JBS USA Lux SA 5.88% 07-15-2024 Callable 2019 144A 121,662 164 0.0%
Jefferies Finance LLC Term Loan 1st Lien F/R 05-21-2026 34,315 45 0.0%
Johnson & Johnson 15,000 2,736 0.2%
JP Intermediate B LLC Term Loan 1st Lien F/R 10-19-2025 222,374 254 0.0%
JPMorgan Chase & Co. 21,600 3,162 0.3%
JPMorgan Chase & Co. 3.19% 03-05-2021 2,050,000 2,089 0.2%
Keane Group Holdings LLC Term Loan B 1st Lien F/R 05-18-2025 347,048 450 0.0%
Kestra Advisor Services Holdings A Inc. Term Loan 1st Lien F/R 04-29-2026 56,151 73 0.0%
Kestrel Acquisition LLC Term Loan B 1st Lien F/R 05-02-2025 176,365 226 0.0%
Keyence Corp. 1,700 1,366 0.1%
Keyera Corp. F/R 06-13-2079 Callable 2029 912,507 924 0.1%
Keystone Peer Review Organization Holdings Inc. Term Loan 1st Lien F/R 05-01-2024 122,367 157 0.0%
Kinder Morgan Inc. 115,400 3,155 0.3%
Koninklijke Philips NV 53,794 3,059 0.3%
Kruger Products LP 6.00% 04-24-2025 Callable 2021 172,976 168 0.0%
Kweichow Moutai Co. Ltd. Class A 8,369 1,570 0.1%
L&W Inc. Term Loan 1st Lien F/R 05-17-2025 99,009 127 0.0%
LABL Escrow Issuer LLC 10.50% 07-15-2027 Callable 2022 144A 576,752 759 0.1%
LABL Escrow Issuer LLC 6.75% 07-15-2026 Callable 2022 144A 343,557 456 0.0%
Lamb Weston Holdings Inc. 4.63% 11-01-2024 Callable 2021 144A 146,618 199 0.0%
Lamb Weston Holdings Inc. 4.88% 11-01-2026 Callable 2021 144A 84,227 115 0.0%
LBM Borrower LLC Term Loan 1st Lien F/R 08-20-2022 974,474 1,276 0.1%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2020 144A 187,172 250 0.0%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-18-2022 281,404 369 0.0%
LifeScan Global Corp. Term Loan 1st Lien F/R 06-19-2024 988,379 1,239 0.1%
LifeScan Global Corp. Term Loan 2nd Lien F/R 06-19-2025 24,956 30 0.0%
Linde PLC 5,500 1,446 0.1%
Lions Gate Capital Holdings LLC 6.38% 02-01-2024 Callable 2021 144A 31,195 43 0.0%
Loblaw Companies Ltd. 34,459 2,310 0.2%
Lockheed Martin Corp. 5,500 2,618 0.2%
Logibec Groupe Informatique Ltd. Term Loan 1st Lien F/R 01-15-2020 69,679 66 0.0%
London Stock Exchange Group PLC 19,800 1,806 0.2%
Mackenzie Global Tactical Bond Fund Series R 816,435 7,635 0.8%
Mackenzie International Dividend Fund Series R 181,836 2,248 0.2%
Mackenzie Unconstrained Fixed Income Fund Series R 653,180 6,500 0.7%
Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) 143,739 14,661 1.4%
Magna International Inc. 23,206 1,512 0.1%
Manulife Bank of Canada 2.08% 05-26-2022 2,220,000 2,221 0.2%
Manulife Bank of Canada 2.84% 01-12-2023 1,331,837 1,363 0.1%
Manulife Financial Corp. 375,112 8,928 0.9%
Manulife Financial Corp. F/R 05-09-2028 Callable 2023 752,478 775 0.1%
Manulife Financial Corp. F/R 08-20-2029 Callable 2024 2,590,000 2,651 0.2%
Manulife Financial Corp. Pfd. Series 13 5,047 92 0.0%
Marriott Ownership Resorts Inc. 6.50% 09-15-2026 Callable 2021 144A 109,183 154 0.0%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 188,895 197 0.0%
Matterhorn Merger Sub LLC 8.50% 06-01-2026 Callable 2021 144A 302,169 351 0.0%
McDermott Technology Americas Inc. Term Loan B 1st Lien F/R 04-05-2025 98,153 127 0.0%
McDonald's Corp. 6,260 1,702 0.1%
McDonald's Corp. 3.13% 03-04-2025 Callable 2025 2,560,000 2,650 0.2%
MEG Energy Corp. 6.38% 01-30-2023 Callable 144A 347,988 435 0.0%
MEG Energy Corp. 7.00% 03-31-2024 Callable 2019 144A 199,201 250 0.0%
Mercer International Inc. 7.38% 01-15-2025 Callable 2021 144A 87,347 122 0.0%
Meredith Corp. 6.88% 02-01-2026 Callable 2021 121,662 170 0.0%
Meredith Corp. Term Loan B 1st Lien F/R 01-31-2025 99,425 130 0.0%
Methanex Corp. 18,150 1,079 0.1%
Micro Focus International PLC 70,189 2,409 0.2%
Microsoft Corp. 26,000 4,561 0.4%
Millar Western Forest Products Ltd. 9.50% 06-20-2023 Callable 2020 90,466 92 0.0%
Minotaur Acquisition Inc. Term Loan 1st Lien F/R 02-27-2026 531,060 686 0.1%
Moody's Corp. 9,600 2,455 0.2%
Morgan Stanley 3.00% 02-07-2024 3,000,000 3,063 0.3%
Mowi ASA 41,400 1,267 0.1%
Multi-Color Corp. Bridge Loan Exp. 02-25-2020 2,530,000 0.0%
Multi-Color Corp. Term Loan B 1st Lien F/R 06-17-2026 421,749 553 0.0%
Murata Manufacturing Co. Ltd. 15,100 888 0.1%
MyNEXUS Inc. Term Loan 1st Lien F/R 06-19-2024 385,510 492 0.0%
Natel Engineering Co. Inc. Term Loan B 1st Lien F/R 04-29-2026 293,032 384 0.0%
National Bank of Canada 1.96% 06-30-2022 7,060,000 7,050 0.7%
National Bank of Canada 2.98% 03-04-2024 1,930,000 1,984 0.2%
NAV Canada 3.21% 09-29-2050 Callable 2050 100,000 108 0.0%
NAV Canada 3.29% 03-30-2048 Callable 2047 980,000 1,075 0.1%
Neenah Foundry Co. Term Loan B 1st Lien F/R 12-08-2022 100,217 130 0.0%
Nestlé SA Reg. 33,800 4,583 0.5%
Netflix Inc. 3.88% 11-15-2029 209,008 335 0.0%
New Oriental Education & Technology Group Inc. ADR 10,200 1,290 0.1%
New Red Finance Inc. 5.00% 10-15-2025 Callable 2020 144A 227,986 301 0.0%
Nexstar Escrow Inc. 5.63% 07-15-2027 Callable 2022 144A 311,023 418 0.0%
Nexstar Media Group Inc. Bridge Loan Exp. 11-30-2019 2,360,000 0.0%
Nike Inc. Class B 9,404 1,034 0.1%
Nine Energy Service Inc. 8.75% 11-01-2023 Callable 2020 144A 187,172 240 0.0%
Nokia OYJ 213,900 1,391 0.1%
Nokia OYJ 3.38% 06-12-2022 56,151 75 0.0%
Norbord Inc. 5.75% 07-15-2027 Callable 2022 144A 357,259 474 0.0%
NORDAM Group Inc. Term Loan B-Exit 1st Lien F/R 04-04-2026 34,229 45 0.0%
North Battleford Power LP 4.96% 12-31-2032 1,399,580 1,587 0.1%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 2,320,000 2,343 0.2%
North West Redwater Partnership 3.65% 06-01-2035 Callable 2034 1,170,000 1,233 0.1%
Northern Trust Corp. 11,500 1,355 0.1%
Northland Power Inc. 31,041 792 0.1%
Nouvelle Autoroute 30 Financement Inc. 4.11% 03-31-2042 989,775 1,105 0.1%
Nova Scotia Power Inc. 3.57% 04-05-2049 Callable 2048 606,239 648 0.1%
Novo Nordisk AS B 38,800 2,589 0.2%
NRG Yield Operating LLC 5.38% 08-15-2024 Callable 137,259 183 0.0%
Nufarm Australia Ltd. 5.75% 04-30-2026 Callable 2021 144A 283,877 353 0.0%
Numericable-SFR 7.38% 05-01-2026 Callable 2021 144A 143,498 193 0.0%
Nutrien Ltd. 69,233 4,850 0.5%
NuVista Energy Ltd. 6.50% 03-02-2023 Callable 2020 112,303 110 0.0%
NVA Holdings Inc. 6.88% 04-01-2026 Callable 2021 46,793 64 0.0%
Oaktree Capital Group LLC 32,991 2,140 0.2%
Occidental Petroleum Corp. 24,300 1,600 0.1%
OCI Beaumont LLC Term Loan B 1st Lien F/R 02-16-2025 286,289 375 0.0%
OCI NV 6.63% 04-15-2023 Callable 2020 144A 218,367 299 0.0%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 148,542 197 0.0%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 750,000 1,025 0.1%
OMERS Finance Trust 2.60% 05-14-2029 1,405,598 1,446 0.1%
OMERS Realty Corp. 3.24% 10-04-2027 Callable 2027 4,120,000 4,364 0.4%
OMERS Realty Corp. 3.63% 06-05-2030 Callable 2030 1,730,000 1,898 0.2%
Ontario Hydro 0% 05-26-2025 2,060,000 1,820 0.2%
Ontario Power Generation Inc. 3.32% 10-04-2027 Callable 2027 1,520,000 1,597 0.1%
Ontario Power Generation Inc. 3.84% 06-22-2048 Callable 2047 930,000 1,003 0.1%
Ontario Power Generation Inc. 4.25% 01-18-2049 Callable 2048 556,239 642 0.1%
OPB Finance Trust 2.98% 01-25-2027 1,710,000 1,796 0.2%
Open Text Corp. 56,600 3,059 0.3%
Oracle Corp. 20,100 1,500 0.1%
Ortho-Clinical Diagnostics Inc. Term Loan B 1st Lien F/R 06-01-2025 197,700 249 0.0%
Otsuka Corp. 24,500 1,290 0.1%
Owens & Minor Inc. Term Loan B 1st Lien F/R 05-01-2025 198,500 216 0.0%
Panther BF Aggregator 2 LP 4.38% 05-15-2026 Callable 2022 31,195 48 0.0%
Panther BF Aggregator 2 LP 6.25% 05-15-2026 144A 118,542 162 0.0%
Panther BF Aggregator 2 LP 8.50% 05-15-2027 Callable 2022 144A 193,411 261 0.0%
Panther BF Aggregator 2 LP Term Loan B 1st Lien F/R 03-18-2026 451,108 587 0.1%
Par Pharmaceutical Inc. 7.50% 04-01-2027 Callable 2022 144A 49,912 64 0.0%
Park Aerospace Holdings Ltd. 5.25% 08-15-2022 144A 84,315 116 0.0%
Parkland Fuel Corp. 49,849 2,071 0.2%
Parkland Fuel Corp. 5.88% 07-15-2027 Callable 2022 144A 31,947 42 0.0%
Parkland Fuel Corp. 6.00% 04-01-2026 Callable 2021 144A 331,705 446 0.0%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 368,104 378 0.0%
Pembina Pipeline Corp. 40,223 1,961 0.2%
Pembina Pipeline Corp. 3.54% 02-03-2025 Callable 830,000 868 0.1%
Pembina Pipeline Corp. 3.62% 04-03-2029 Callable 2029 759,359 789 0.1%
Pembina Pipeline Corp. 4.02% 03-27-2028 Callable 2027 1,300,000 1,395 0.1%
Penske Automotive Group Inc. 3.75% 08-15-2020 115,423 152 0.0%
Pernod Ricard SA* 5,700 1,375 0.1%
Petroleos De Venezuela SA 6.00% 05-16-2024 866,064 256 0.0%
Philip Morris International Inc. 28,500 2,931 0.3%
Pisces Midco Inc. 8.00% 04-15-2026 Callable 2021 144A 219,183 280 0.0%
PLH Group Inc. Term Loan 1st Lien F/R 08-06-2023 241,735 313 0.0%
Pluto Acquisition I Inc. Term Loan 1st Lien F/R 06-18-2026 424,869 552 0.0%
Polymer Process Holdings Inc. Term Loan 1st Lien F/R 04-29-2026 451,108 582 0.1%
Power Corp. of Canada Sub. Voting* 2,819 80 0.0%
Power Financial Corp.* 30,000 904 0.1%
Prairie ECI Acquiror LP Term Loan 1st Lien F/R 03-07-2026 121,532 160 0.0%
PrairieSky Royalty Ltd. 42,500 782 0.1%
Premier Dental Services Inc. Term Loan B 1st Lien F/R 06-30-2023 47,217 61 0.0%
Premier Foods Finance PLC 6.25% 10-15-2023 Callable 2020 202,769 358 0.0%
Project Leopard Holdings Inc. Term Loan 1st Lien F/R 07-07-2023 506,725 664 0.1%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 02-15-2024 161,020 200 0.0%
Province of Newfoundland 3.00% 06-02-2026 1,280,000 1,349 0.1%
Province of Newfoundland 3.70% 10-17-2048 5,760,000 6,785 0.7%
Province of Ontario 2.65% 02-05-2025 2,330,000 2,426 0.2%
Province of Ontario 2.65% 12-02-2050 11,560,000 11,999 1.2%
Province of Ontario 2.70% 06-02-2029 22,230,000 23,314 2.1%
Province of Ontario 2.90% 06-02-2028 21,920,000 23,299 2.1%
Province of Ontario 2.90% 06-02-2049 40,090,000 43,607 3.9%
Province of Ontario 4.60% 06-02-2039 2,930,000 3,903 0.3%
Province of Ontario F/R 08-21-2023 1,680,000 1,681 0.1%
Province of Quebec 0% 04-01-2026 Generic Strip 2,720,000 2,361 0.2%
Province Of Quebec 2.75% 09-01-2028 4,720,000 4,978 0.5%
Province of Quebec 3.10% 12-01-2051 1,330,000 1,526 0.1%
Province of Quebec 3.50% 12-01-2048 20,810,000 25,339 2.3%
Province of Saskatchewan 3.30% 06-02-2048 1,830,000 2,115 0.2%
PS HoldCo LLC Term Loan 1st Lien F/R 03-02-2025 218,350 284 0.0%
PSC Industrial Outsourcing LP Term Loan B 1st Lien F/R 10-05-2024 632,000 826 0.1%
Puma International Financing SA 5.00% 01-24-2026 Callable 2021 405,539 473 0.0%
Pure Multi-Family REIT LP 82,897 797 0.1%
Quad/Graphics Inc. 7.00% 05-01-2022 93,586 124 0.0%
Quad/Graphics Inc. Term Loan B 1st Lien F/R 06-30-2026 387,562 507 0.0%
Quebecor Media Inc. 6.63% 01-15-2023 144A 67,382 73 0.0%
R.R. Donnelley & Sons Co. Term Loan B 1st Lien F/R 01-04-2024 191,873 250 0.0%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 511,574 618 0.1%
Radiate Holdco LLC Term Loan 1st Lien F/R 02-01-2024 316,151 410 0.0%
Rayonier AM Products Inc. 5.50% 06-01-2024 Callable 2019 144A 93,586 105 0.0%
Reliance Intermediate Holdings LP 6.50% 04-01-2023 Callable 2020 144A 240,568 326 0.0%
Republic of Argentina 5.88% 01-11-2028 282,317 281 0.0%
Republic of Argentina 6.88% 01-11-2048 53,032 52 0.0%
Republic of South Africa 8.00% 01-31-2030 1,491,134 131 0.0%
Research Now Group Inc. Term Loan 1st Lien F/R 12-20-2024 15,608 20 0.0%
Resolute Forest Products Inc. 5.88% 05-15-2023 18,717 25 0.0%
Restaurant Brands International Inc. 25,002 2,277 0.2%
Reynolds Group Issuer Inc./Reynolds Group Issuer LLC/Reynolds Group Issue Lu 5.125% 07-15-2023 124,781 167 0.0%
RioCan Real Estate Investment Trust 64,458 1,675 0.1%
Rite Aid Corp. 6.13% 04-01-2023 Callable 2020 144A 40,554 45 0.0%
Rite Aid Corp. 7.70% 02-15-2027 318,192 249 0.0%
Roche Holding AG Genusscheine 8,000 2,948 0.3%
Rogers Communications Inc. 3.25% 05-01-2029 Callable 2029 1,009,359 1,035 0.1%
Royal Bank of Canada 126,118 13,125 1.2%
Royal Bank of Canada 2.36% 12-05-2022 21,837 22 0.0%
Royal Bank of Canada 2.95% 05-01-2023 7,450,000 7,701 0.8%
Royal Bank of Canada 3.30% 09-26-2023 1,486,239 1,546 0.1%
Russel Metals Inc. 6.00% 03-16-2026 Callable 2021 115,423 119 0.0%
Russian Federal Loan Bond - OFZ 7.05% 01-19-2028 25,580,136 523 0.0%
Sabre Corp. 45,591 1,325 0.1%
Sabre Industries Inc. Term Loan B 1st Lien F/R 04-09-2026 24,956 33 0.0%
Saffron Borrowco LLC Term Loan 1st Lien F/R 06-20-2025 40,554 49 0.0%
Safran SA 20,500 3,933 0.3%
Sands China Ltd. 276,200 1,730 0.2%
SAP AG 15,600 2,805 0.2%
Savage Enterprises LLC Term Loan B 1st Lien F/R 07-02-2025 403,762 530 0.0%
Schlumberger Ltd. 20,800 1,082 0.1%
Scientific Games International Inc. 3.38% 02-15-2026 Callable 2021 210,568 315 0.0%
Scientific Games International Inc. 6.63% 05-15-2021 Callable 2019 93,586 125 0.0%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 1,921,744 1,920 0.2%
Shaw Communications Inc. 3.80% 03-01-2027 Callable 960,000 1,014 0.1%
Shaw Communications Inc. 4.40% 11-02-2028 Callable 2028 2,154,956 2,370 0.2%
Shaw Communications Inc. Class B non-voting 335,851 8,974 0.9%
Shaw Communications Inc. Pfd Series A 8,906 121 0.0%
Sigma Bidco BV Term Loan B 1st Lien F/R 03-07-2025 60,793 89 0.0%
Sika AG 11,500 2,571 0.2%
SIRVA Worldwide Inc. Term Loan 1st Lien F/R 07-31-2025 403,738 515 0.0%
SIWF Holdings Inc. Term Loan 1st Lien F/R 05-25-2025 237,600 309 0.0%
SoftBank Group Corp. 5.38% 07-30-2022 Callable 2022 31,195 43 0.0%
Sony Corp. 25,100 1,722 0.2%
Sorenson Communications LLC Term Loan 1st Lien F/R 03-14-2024 43,673 57 0.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2019 144A 611,427 571 0.1%
Source Energy Services Ltd. 5,358 4 0.0%
Spirit AeroSystems Inc. 3.95% 06-15-2023 Callable 2023 662,478 896 0.1%
Sprint Corp. 7.13% 06-15-2024 49,912 69 0.0%
Sprint Corp. 7.88% 09-15-2023 53,032 75 0.0%
Sprint Spectrum Co. LLC 4.74% 03-20-2025 144A 750,000 1,021 0.1%
Spy Hill Power LP 4.14% 03-31-2036 1,114,850 1,202 0.1%
SS&C Technologies Inc. Term Loan B5 1st Lien F/R 04-16-2025 259,211 339 0.0%
St. Joseph Energy Center LLC Term Loan 1st Lien F/R 04-06-2025 190,955 249 0.0%
Starbucks Corp. 22,500 2,470 0.2%
Starfruit US Holdco LLC 8.00% 10-01-2026 Callable 2021 144A 171,195 231 0.0%
Stars Group Holdings BV Term Loan B 1st Lien F/R 07-10-2025 99,159 130 0.0%
Stonegate Pub Company Financing PLC 4.88% 03-15-2022 Callable 2019 249,562 427 0.0%
Sun Life Financial Inc. 66,900 3,628 0.3%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 2,410,000 2,446 0.2%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 3,210,000 3,297 0.3%
Sun Life Financial Inc. F/R 11-23-2027 Callable 2022 1,141,837 1,159 0.1%
Suncor Energy Inc. 170,024 6,945 0.7%
Suncor Energy Inc. 3.10% 05-24-2029 Callable 2029 989,359 1,013 0.1%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 514,722 511 0.0%
Superior Plus LP 7.00% 07-15-2026 Callable 2021 144A 413,323 558 0.0%
Suzuki Motor Corp. 18,300 1,126 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.63% 04-28-2026 Callable 2026 144A 2,643,323 3,550 0.3%
Syniverse Holdings Inc. Term Loan 1st Lien F/R 02-09-2023 247,500 299 0.0%
Sysco Canada Inc. 3.65% 04-25-2025 Callable 2025 1,202,478 1,265 0.1%
Taiwan Semiconductor Manufacturing Co. Ltd. 140,300 1,418 0.1%
Talen Energy Supply LLC 6.63% 01-15-2028 Callable 2023 144A 56,151 73 0.0%
TC Energy Corp. 126,549 8,216 0.8%
TC Energy Corp. Pfd. Series 15 37,265 932 0.1%
Telenet Finance Luxembourg Notes Sarl 5.50% 03-01-2028 Callable 2022 144A 62,391 83 0.0%
Telenet Financing USD LLC Term Loan AN 1st Lien F/R 08-15-2026 202,769 263 0.0%
TELUS Corp. 140,919 6,822 0.7%
Telus Corp. 2.75% 07-08-2026 820,000 823 0.1%
TELUS Corp. 3.30% 05-02-2029 Callable 2029 586,239 601 0.1%
TELUS Corp. 3.35% 04-01-2024 Callable 1,430,000 1,488 0.1%
TELUS Corp. 4.70% 03-06-2048 Callable 2047 620,000 695 0.1%
Tencent Holdings Ltd. 33,000 1,951 0.2%
Tenet Healthcare Corp. 6.25% 02-01-2027 Callable 2022 144A 106,064 144 0.0%
Tenet Healthcare Corp. 6.75% 06-15-2023 196,530 259 0.0%
TerraForm Power Operating LLC 5.00% 01-31-2028 Callable 2027 144A 258,921 341 0.0%
Teva Pharmaceutical Industries Ltd. 2.80% 07-21-2023 361,212 411 0.0%
Texas Instruments Inc. 10,700 1,608 0.1%
The Bank of Nova Scotia 211,017 14,843 1.4%
The Bank of Nova Scotia 2.29% 06-28-2024 4,000,000 4,040 0.4%
The Bank of Nova Scotia 2.36% 11-08-2022 2,620,000 2,648 0.2%
The Bank of Nova Scotia 6.45% 01-01-2025 5,641,863 6,647 0.7%
The Bank of Nova Scotia F/R 07-03-2029 Callable 2024 1,092,478 1,091 0.1%
The Goldman Sachs Group Inc. 2.43% 04-26-2023 Callable 3,170,000 3,170 0.3%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 6,460,000 5,851 0.6%
The Manufacturers Life Insurance Co. 2.39% 01-05-2026 Callable 2021 2,700,000 2,704 0.2%
The Sherwin-Williams Co. 5,000 3,001 0.3%
The Toronto-Dominion Bank 210,008 16,070 1.5%
The Toronto-Dominion Bank 2.05% 12-01-2022 1,039,512 1,043 0.1%
The Toronto-Dominion Bank 2.50% 12-02-2024 1,971,837 1,985 0.2%
The Toronto-Dominion Bank 2.85% 03-08-2024 1,745,598 1,787 0.2%
The Toronto-Dominion Bank 3.01% 05-30-2023 1,170,000 1,214 0.1%
The Toronto-Dominion Bank 5.38% 07-01-2028 1,595,178 1,844 0.2%
The Toronto-Dominion Bank 6.13% 12-01-2024 2,938,019 3,413 0.3%
The Toronto-Dominion Bank F/R 07-25-2029 Callable 2024 676,239 693 0.1%
Thor Industries Inc. Term Loan B 1st Lien F/R 11-01-2025 42,061 54 0.0%
Titan Acquisition Ltd. 7.75% 04-15-2026 Callable 2021 144A 96,705 115 0.0%
TMX Group Ltd. 2.30% 12-11-2024 Callable 2024 1,692,478 1,739 0.2%
TMX Group Ltd. 3.78% 06-05-2028 Callable 2028 643,120 689 0.1%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 1,010,000 1,093 0.1%
TransAlta Corp. Pfd. Series A 78,605 846 0.1%
TransCanada Pipelines Ltd. 3.39% 03-15-2028 Callable 2027 1,146,239 1,204 0.1%
TransCanada PipeLines Ltd. 3.69% 07-19-2023 270,000 284 0.0%
TransCanada Trust F/R 05-18-2077 Callable 2027 1,666,239 1,590 0.1%
Transurban Finance Co. Pty. Ltd. 4.56% 11-14-2028 Callable 2028 2,191,837 2,421 0.2%
Travelport Finance Luxembourg Sarl Term Loan 1st Lien F/R 03-18-2026 892,215 1,102 0.1%
Trico Group LLC Term Loan 1st Lien F/R 02-02-2024 135,658 172 0.0%
Trillium Windpower LP 5.80% 02-15-2033 1,110,794 1,300 0.1%
TriMark USA LLC Term Loan 1st Lien F/R 09-15-2024 43,563 48 0.0%
Trulieve Cannabis Corp. 9.75% 06-18-2024 359,650 457 0.0%
Trulieve Cannabis Corp. Warrants Exp.06-18-2022 7,553 23 0.0%
Uber Technologies Inc. 8.00% 11-01-2026 Callable 2021 144A 534,343 747 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 267,920 351 0.0%
Ultra Clean Holdings Inc. Term Loan B 1st Lien F/R 08-27-2025 670,902 835 0.1%
Unilever NV CVA 25,400 2,026 0.2%
Unimin Corp. Term Loan 1st Lien F/R 05-21-2025 464,999 495 0.0%
Union Gas Ltd. 3.59% 11-22-2047 Callable 2047 1,280,000 1,399 0.1%
United States Treasury 0.50% 04-15-2024 Inflation Indexed 8,800,000 11,826 1.1%
United States Treasury 0.75% 07-15-2028 Inflation Indexed 8,500,000 11,812 1.1%
United States Treasury 2.25% 11-15-2027 310,000 416 0.0%
United States Treasury 2.38% 05-15-2029 7,910,000 10,716 1.0%
United States Treasury 2.50% 03-31-2024 1,730,000 2,304 0.2%
United States Treasury 2.63% 02-15-2029 1,120,000 1,548 0.1%
United States Treasury 2.75% 02-15-2028 2,230,000 3,108 0.3%
United States Treasury 2.88% 08-15-2028 1,320,000 1,859 0.2%
United States Treasury 2.88% 09-30-2023 1,690,000 2,316 0.2%
United States Treasury 2.88% 10-31-2023 270,000 370 0.0%
United States Treasury 3.13% 11-15-2028 2,460,000 3,537 0.3%
United Technologies Corp. 17,400 2,967 0.3%
US Renal Care Inc. Term Loan B 1st Lien F/R 06-14-2026 616,064 793 0.1%
USA Compression Partners LP 6.88% 09-01-2027 Callable 2022 62,391 86 0.0%
Vancouver Airport Authority 3.66% 11-23-2048 Callable 2048 1,152,478 1,351 0.1%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 2,160,000 2,161 0.2%
Ventas Realty LP 4.00% 03-01-2028 Callable 2027 850,000 1,171 0.1%
VeriFone Systems Inc. Term Loan 1st Lien F/R 08-09-2025 292,843 373 0.0%
Vertex Aerospace Services Corp. Term Loan B 1st Lien F/R 06-14-2025 255,495 336 0.0%
Vesta Energy Corp. 8.13% 07-24-2023 Callable 2020 144A 93,586 88 0.0%
Victory Capital Holdings Inc. Term Loan B 1st Lien F/R 06-07-2026 230,554 302 0.0%
Vidéotron Ltée 5.63% 06-15-2025 Callable 2025 38,994 42 0.0%
Vidéotron Ltée 5.75% 01-15-2026 Callable 2020 93,586 99 0.0%
Visa Inc. Class A 10,800 2,455 0.2%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 462,773 604 0.1%
Vodafone Group PLC 3.75% 01-16-2024 520,000 713 0.1%
VRX Escrow Corp. 6.13% 04-15-2025 Callable 2020 144A 43,673 59 0.0%
VVC Holding Corp. Term Loan B 1st Lien F/R 02-07-2026 154,347 202 0.0%
Vyaire Medical Inc. Term Loan B 1st Lien F/R 04-06-2025 457,218 542 0.0%
Waste Pro USA Inc. 5.50% 02-15-2026 Callable 2021 144A 59,271 80 0.0%
Wells Fargo & Co. 27,400 1,698 0.1%
Wells Fargo & Co. 2.98% 05-19-2026 1,823,000 1,846 0.2%
Wells Fargo & Co. 3.19% 02-08-2024 Callable 2024 3,231,837 3,325 0.3%
Welltower Inc. 4.13% 03-15-2029 Callable 2028 839,359 1,166 0.1%
Welltower Inc. 4.25% 04-15-2028 Callable 2028 672,478 942 0.1%
West Fraser Timber Co. Ltd. 10,742 641 0.1%
Westcoast Energy Inc. 4.79% 10-28-2041 1,850,000 2,181 0.2%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 144A 255,411 352 0.0%
Xplornet Communications Inc. 9.63% 06-01-2022 Callable 2019 144A 145,852 195 0.0%
Yak Access LLC Term Loan B 1st Lien F/R 06-26-2025 745,433 902 0.1%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 16,028 21 0.0%
Ziggo Secured Finance Partnership Term Loan E 1st Lien F/R 04-27-2025 452,331 581 0.1%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 63,888 84 0.0%
Total Investments -- 1,100,041 96.4%
Cash & Equivalents -- 33,617 2.9%
Currency Hedge Contracts -- 3,639 0.3%
Other Assets (Liabilities) -- 4,197 0.4%
Total Net Assets -- 1,141,494 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of August 31, 2019
  • Regional Allocation
      Canada
    EQ : 14.9% | FI : 49.3%
    64.2%
      United States
    EQ : 7.0% | FI : 14.4%
    21.4%
      Other
    EQ : 4.8% | FI : 2.4%
    7.2%
      United Kingdom
    FI : 1.2%
    1.2%
      Switzerland
    EQ : 1.0%
    1.0%
      Germany
    EQ : 0.9%
    0.9%
      Australia
    FI : 0.6%
    0.6%
      Cash & Equivalents 3.5%
  • Sector Allocation
      Corporate Bonds 30.6%
      Equities 28.4%
      Provincial Bonds 14.6%
      Federal Bonds 8.2%
      Foreign Fixed Income 5.6%
      Bank Loans 4.4%
      Cash & Equivalents 3.5%
      Mutual&Pooled 2.8%
      Mortgage Backed 1.2%
      Other 0.7%
Credit Allocation (%)
AAA 9.5%
AA 13.9%
A 22%
BBB 15.1%
BB 2.2%
B 4%
CCC & Below 0.5%
NR 0.3%
Cash & Equivalents 2.4%
Equities 29.9%

Other Canadian Balanced Funds

Portfolio Managers

Steve Locke, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Fixed Income Team

Investment experience since 1995

Felix Wong, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 1988

Konstantin Boehmer, MBA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Dan Cooper, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Movin Mokbel, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2000

Martin Downie, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie North American Equities Team

Investment experience since 1984

Tim Johal, CFA

Vice President, Portfolio Manager

Mackenzie North American Equities Team

Investment experience since 2000

Darren McKiernan, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Global Equity & Income Team

Investment experience since 1995

The Series G versions of this fund are closed to new investments.

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.

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 blended index is composed of 30% S&P/TSX Composite Index and 70% FTSE Canada Universe Bond Index.

†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.