Fund Portfolio – Mackenzie Income Fund Series F MFC057 | Mackenzie Investments

Mackenzie Income Fund Series F

Asset Class: Canadian Balanced

Major Holdings (%) Help Top holdings by percentage

As of May 31, 2019
Major holdings represent 19.9% of the fund.
View all holdings
Total # of
Equity Holdings
129
Total # of
Fixed Income Holdings
527
Holding name, country and sector Percentage of holding in fund
Government of Canada 2.75% 12-01-2048
Canada | Federal Government
3.7%
Province of Ontario 2.90% 06-02-2049
Canada | Provincial Governments
3.7%
Government of Canada 2.25% 06-01-2030
Canada | Federal Government
2.8%
Government of Canada 1.50% 09-01-2025
Canada | Federal Government
2.3%
Province of Ontario 2.90% 06-02-2028
Canada | Provincial Governments
2.1%
Toronto-Dominion Bank/The
Canada | Diversified Banks
1.4%
Bank of Nova Scotia/The
Canada | Diversified Banks
1.3%
Royal Bank of Canada
Canada | Diversified Banks
1.1%
Shaw Communications Inc
Canada | Cable & Satellite
0.8%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
0.8%

Complete Fund Holdings Help Full holdings list

As of February 28, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.43% 06-01-2033 MTN 3,180,000 3,221 0.3%
407 International Inc. 3.60% 05-21-2047 Callable 1,590,000 1,571 0.1%
407 International Inc. 3.72% 05-11-2048 Callable 2047 1,960,000 1,978 0.2%
AAC holdings Inc. Term Loan 1st Lien F/R 06-30-2023 66,292 81 0.0%
Access Justice Durham 5.015% 08-31-2039 3,432,382 3,896 0.4%
Acproducts Inc. Term Loan 1st Lien F/R 02-14-2024 553,311 695 0.1%
Adtalem Global Education Inc. Term Loan B 1st Lien F/R 04-09-2025 31,433 41 0.0%
Advanced Micro Devices Inc. 7.50% 08-15-2022 105,518 154 0.0%
Advisor Group Inc. Term Loan 1st Lien F/R 08-09-2025 33,080 44 0.0%
Aegis Toxicology Sciences Corp. Term Loan B 1st Lien F/R 05-09-2025 159,600 204 0.0%
Aena SA 11,100 2,606 0.2%
AerCap Ireland Capital Designated Activity Co. 3.30% 01-23-2023 Callable 2022 1,050,000 1,340 0.1%
AerCap Ireland Capital Designated Activity Co. 4.45% 10-01-2025 Callable 2025 570,000 742 0.1%
AerCap Ireland Capital Designated Activity Co. 4.88% 01-16-2024 Callable 2023 336,770 453 0.0%
Agnico-Eagle Mines Ltd. 5,210 292 0.0%
AI Ladder Luxembourg Term Loan B 1st Lien F/R 05-04-2025 343,376 446 0.0%
AIA Group Ltd. 113,200 1,489 0.1%
AIMCo Realty Investors LP 2.27% 06-26-2024 Callable 2024 1,570,000 1,530 0.1%
AIMCo Realty Investors LP 3.04% 06-01-2028 Callable 2028 925,074 922 0.1%
Air Liquide SA 17,699 2,904 0.3%
AL Midcoast Holdings LLC Term Loan B 1st Lien F/R 06-28-2025 430,026 563 0.1%
Alcami Carolinas Corp. Term Loan 1st Lien F/R 07-06-2025 381,252 499 0.0%
Alchemy US Holdco LLC Term Loan B 1st Lien F/R 10-01-2025 349,192 459 0.0%
Alcoa Nederland Holding BV 6.13% 05-15-2028 Callable 2023 144A 111,548 150 0.0%
Algonquin Power & Utilities Corp. 25,600 374 0.0%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 1,810,000 1,834 0.2%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 280,000 293 0.0%
Alimentation Couche-Tard Inc. Class B Sub. voting 29,700 2,203 0.2%
Allegiant Travel Co. Term Loan B 1st Lien F/R 01-29-2024 599,340 789 0.1%
Allergan PLC 15,100 2,735 0.3%
Allied Properties Real Estate Investment Trust 41,714 2,003 0.2%
Allied Properties Real Estate Investment Trust 3.75% 03-13-2020 1,310,000 1,325 0.1%
AltaGas Ltd. Pfd. Series K 32,563 654 0.1%
AltaLink LP 3.72% 12-03-2046 Callable MTN 1,665,000 1,694 0.2%
Altice France SA Term Loan B13 1st Lien F/R 01-31-2026 662,102 850 0.1%
Altice SA 7.75% 05-15-2022 Callable 144A 135,666 177 0.0%
Altria Group Inc. 24,529 1,691 0.2%
AMC Entertainment Holdings Inc. 5.88% 11-15-2026 Callable 108,533 129 0.0%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 1,415,074 1,378 0.1%
Anheuser-Busch InBev Worldwide Inc. 4.75% 01-23-2029 Callable 2028 200,000 274 0.0%
Antero Resources Corp. 5.00% 03-01-2025 43,715 55 0.0%
Apple Inc. 8,200 1,868 0.2%
ARC Resources Ltd. 126,570 1,258 0.1%
ArcelorMittal SA 5.13% 06-01-2020 120,592 163 0.0%
Arch Merger Sub Inc. 8.50% 09-15-2025 Callable 2020 144A 450,732 582 0.1%
Arcos Dorados Holdings Inc. 5.88% 04-04-2027 Callable 2022 286,406 384 0.0%
Arcos Dorados Holdings Inc. 6.63% 09-27-2023 120,592 170 0.0%
Ardonagh Midco 3 PLC 8.625% 07-15-2023 Callable 2020 111,548 126 0.0%
Aristocrat International Pty Ltd. Term Loan B 1st Lien F/R 10-19-2024 205,053 268 0.0%
Aroundtown SA 4.63% 09-18-2025 Callable 2025 1,152,059 1,162 0.1%
Artis Real Estate Investment Trust 3.68% 02-22-2021 576,030 577 0.1%
Ashtead Capital Inc. 4.13% 08-15-2025 Callable 2020 144A 280,376 360 0.0%
Asian Development Bank 5.90% 12-20-2022 6,641,608 118 0.0%
Asian Development Bank 6.00% 02-24-2021 10,340,771 186 0.0%
Asian Development Bank 6.45% 08-08-2021 4,974,423 91 0.0%
AT&T Inc. 4.00% 11-25-2025 Callable 2025 2,602,059 2,651 0.2%
AT&T Inc. 4.35% 03-01-2029 Callable 2028 476,030 624 0.1%
Atlas Copco AB A 34,500 1,229 0.1%
Avolon Holdings Funding Ltd. 5.25% 05-15-2024 Callable 2024 144A 160,296 216 0.0%
B3 SA- Brasil Bolsa Balcao 110,039 1,263 0.1%
Baker Hughes a GE Co. 34,100 1,183 0.1%
Ball Metalpack Finco LLC Term Loan B 1st Lien F/R 07-26-2025 301,647 397 0.0%
Bank of America Corp. 3.23% 06-22-2022 Series MPLE 1,190,000 1,207 0.1%
Bank of America Corp. 3.30% 04-24-2024 Callable 2023 1,364,118 1,378 0.1%
Bank of America Corp. 3.95% 04-21-2025 390,000 513 0.0%
Bank of America Corp. F/R 09-20-2025 Callable 2024 1,739,932 1,755 0.2%
Bank of Montreal 54,522 5,595 0.6%
Bank of Montreal 2.27% 07-11-2022 3,370,000 3,342 0.3%
Bank of Montreal 2.70% 09-11-2024 DPNT 4,110,000 4,115 0.4%
Bank of Montreal 2.89% 06-20-2023 1,590,000 1,607 0.1%
Bank of Montreal 3.19% 03-01-2028 1,535,074 1,569 0.1%
Bank of Montreal 3.32% 06-01-2026 1,032,355 1,043 0.1%
Bank of Montreal F/R 12-15-2032 Callable 2027 1,414,118 1,777 0.2%
Barrick Gold Corp. 26,900 447 0.0%
Bausch Health Cos Inc. 5.75% 08-15-2027 Callable 2022 144A 33,163 44 0.0%
Bausch Health Cos Inc. 8.50% 01-31-2027 Callable 2022 144A 33,163 45 0.0%
Bausch Health Cos Inc. 9.00% 12-15-2025 Callable 2021 132,651 187 0.0%
Bausch Health Cos Inc. Term Loan B 1st Lien F/R 05-24-2025 243,970 321 0.0%
Bayer AG 22,552 2,372 0.2%
Baytex Energy Corp. 5.63% 06-01-2024 Callable 2019 [144A] 186,918 223 0.0%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 2,040,000 2,048 0.2%
Beacon Escrow Corp. 4.88% 11-01-2025 Callable 2020 144A 260,592 320 0.0%
Becton, Dickinson and Co. 12,855 4,207 0.4%
Bell Canada 2.70% 02-27-2024 Callable 2,917,133 2,874 0.3%
Bell Canada 3.80% 08-21-2028 Callable 2028 2,349,044 2,400 0.2%
Bell Canada 4.45% 02-27-2047 Callable 2,460,000 2,481 0.2%
Boardriders Inc. Term Loan B 1st Lien F/R 03-21-2024 248,924 326 0.0%
BP Capital Markets PLC 3.47% 05-15-2025 1,887,133 1,937 0.2%
Brenntag AG 26,400 1,722 0.2%
Bright Bidco BV Term Loan B 1st Lien F/R 06-30-2024 194,971 211 0.0%
British American Tobacco PLC 32,600 1,569 0.1%
Broadcom Inc. 5,500 1,992 0.2%
Brookfield Asset Management Inc. Class A limited voting 28,284 1,681 0.2%
Brookfield Asset Management Inc. Pfd. Series 46 32,116 822 0.1%
Brookfield Asset Management Inc. Pfd. Series 48 20,021 490 0.0%
Brookfield Infrastructure Finance ULC 4.20% 09-11-2028 Callable 2028 1,835,074 1,849 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 1,360,000 1,341 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 750,000 757 0.1%
Brookfield Renewable Partners LP Pfd. Series 11 59,429 1,326 0.1%
Brookfield Renewable Partners ULC 4.25% 01-15-2029 Callable 2028 1,315,074 1,329 0.1%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 3,790,000 3,735 0.3%
Bruce Power LP 3.97% 06-23-2026 1,370,000 1,402 0.1%
Bulldog Purchaser Inc. Delayed Draw Term Loan 1st Lien F/R 08-31-2025 14,179 18 0.0%
Bulldog Purchaser Inc. Term Loan B 1st Lien F/R 08-31-2025 357,133 463 0.0%
Burger King France SAS 6.00% 05-01-2024 Callable 2020 138,681 222 0.0%
BWAY Holding Co. 7.25% 04-15-2025 144A 66,326 83 0.0%
C&D Technologies Inc. Term Loan B 1st Lien F/R 12-13-2025 359,192 442 0.0%
C&W Senior Financing Designated Activity Co. 7.50% 10-15-2026 Callable 2021 144A 452,220 607 0.1%
Cabot Oil & Gas Corp. 25,700 832 0.1%
Calceus Acquisition Inc. Term B1 1st Lien F/R 02-08-2025 497,281 652 0.1%
Calfrac Holdings LP 8.50% 06-15-2026 Callable 2021 144A 15,074 15 0.0%
California Resources Corp. 8.00% 12-15-2022 Callable 2018 144A 235,154 248 0.0%
Calpine Corp. 5.25% 06-01-2026 Callable 2021 144A 54,266 70 0.0%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 827,808 1,087 0.1%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 152,247 209 0.0%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 07-01-2024 486,690 629 0.1%
Canada Goose Inc. Term Loan 1st Lien F/R 12-22-2021 1,028,385 1,346 0.1%
Canadian Imperial Bank of Commerce 2.47% 12-05-2022 1,049,044 1,045 0.1%
Canadian Imperial Bank of Commerce 2.97% 07-11-2023 3,378,089 3,423 0.3%
Canadian Imperial Bank of Commerce 3.29% 01-15-2024 1,671,252 1,699 0.2%
Canadian Imperial Bank of Commerce 3.30% 05-26-2025 1,720,000 1,772 0.2%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 2,200,000 2,227 0.2%
Canadian Imperial Bank of Commerce F/R 04-04-2028 Callable 2023 652,059 657 0.1%
Canadian National Railway Co. 48,614 5,489 0.6%
Canadian National Railway Co. 3.00% 02-08-2029 Callable 2028 859,044 858 0.1%
Canadian National Railway Co. 3.60% 07-31-2048 Callable 2048 2,022,059 2,017 0.2%
Canadian Natural Resources Ltd. 138,174 5,165 0.6%
Canadian Natural Resources Ltd. 3.55% 06-03-2024 1,800,000 1,823 0.2%
Canadian Pacific Railway Ltd. 17,368 4,723 0.4%
Canadian Tire Corp. Ltd. Class A non-voting 5,500 799 0.1%
Canadian Western Bank 2.74% 06-16-2022 DPNT 860,000 855 0.1%
Canadian Western Bank 2.92% 12-15-2022 1,517,133 1,512 0.1%
Capital Power Corp. 4.28% 09-18-2024 Callable 2024 1,870,000 1,880 0.2%
Capital Power Corp. 4.99% 01-23-2026 Callable 2025 710,000 724 0.1%
CareCentrix Inc. Term Loan 1st Lien F/R 03-22-2025 958,883 1,251 0.1%
Carrizo Oil & Gas Inc. 6.25% 04-15-2023 Callable 2019 48,237 63 0.0%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 03-31-2024 839,903 1,083 0.1%
CBS Corp. 4.20% 06-01-2029 Callable 2029 1,435,074 1,863 0.2%
CCL Industries Inc. 3.86% 04-13-2028 Callable 2028 988,089 1,006 0.1%
CCL Industries Inc. Class B non-voting 11,741 631 0.1%
CCO Holdings LLC 4.00% 03-01-2023 Callable 2019 144A 33,163 43 0.0%
CCO Holdings LLC 5.875% 04-01-2024 Callable 2019 144A 45,222 62 0.0%
CCS-CMGC Holdings Inc. Term Loan 1st Lien F/R 09-25-2025 260,148 329 0.0%
Celestica Inc. Term Loan B 1st Lien F/R 06-27-2025 280,148 363 0.0%
Centennial Resource Production LLC 5.38% 01-15-2026 Callable 2021 144A 72,355 91 0.0%
Central 1 Credit Union F/R 02-05-2021 630,000 628 0.1%
CEVA Logistics Finance BV Term Loan B 1st Lien F/R 08-03-2025 408,237 521 0.0%
Charter Communications Operating LLC 4.50% 02-01-2024 Callable 2024 1,032,059 1,391 0.1%
Charter Communications Operating LLC 5.05% 03-30-2029 Callable 2028 1,302,059 1,754 0.2%
Charter Communications Operating LLC Term Loan B 1st Lien F/R 04-15-2025 21,104 28 0.0%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 1,443,015 1,464 0.1%
Chartwell Retirement Residences 4.21% 04-28-2025 Callable 2025 619,044 636 0.1%
China Mobile Ltd. 73,600 1,019 0.1%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 2,280,000 2,342 0.2%
Choice Properties Real Estate Investment Trust 4.18% 03-08-2028 Callable 2027 1,943,163 1,979 0.2%
Cisco Systems Inc. 20,400 1,389 0.1%
Citadel LLC Term Loan B 1st Lien F/R 02-22-2026 1,175,666 1,554 0.1%
Citigroup Inc. 4.09% 06-09-2025 1,620,000 1,660 0.2%
Civitas Solutions Inc. Term Loan 1st Lien F/R 02-05-2026 21,104 28 0.0%
CME Group Inc. 11,200 2,680 0.2%
Coca-Cola Femsa SAB de CV 3.88% 11-26-2023 241,184 324 0.0%
Coeur Mining Inc. 5.88% 06-01-2024 Callable 2020 147,725 188 0.0%
Comber Wind Financial Corp. 5.132% 11-15-2030 3,179,665 3,421 0.3%
Commonwealth of Bahamas 5.75% 01-16-2024 417,776 567 0.1%
Commonwealth of Bahamas 6.00% 11-21-2028 Callable 2028 113,000 153 0.0%
Commonwealth of Bahamas 6.95% 11-20-2029 103,192 147 0.0%
CommScope Inc. Term B2 1st Lien F/R 02-07-2026 339,192 448 0.0%
CommScope Technologies Finance LLC 8.25% 03-01-2027 Callable 2022 144A 211,400 289 0.0%
CommScope Technologies LLC 5.00% 03-15-2027 Callable 2022 144A 198,385 233 0.0%
Communications Sales & Leasing Inc. 7.13% 12-15-2024 Callable 2019 144A 72,355 79 0.0%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 0 0.0%
Compagnie Financiere Richemont SA 14,200 1,431 0.1%
Concrete Pumping Merger Sub Inc. Term Loan 1st Lien F/R 11-14-2025 392,207 502 0.0%
Conn's Inc. 7.25% 07-15-2022 Callable 7,537 9 0.0%
Constellation Brands Inc. Class A 8,300 1,847 0.2%
Constellium NV 4.25% 02-15-2026 Callable 2020 54,266 81 0.0%
Constellium NV 5.88% 02-15-2026 Callable 2020 144A 274,347 352 0.0%
Cordelio Amalco GP I 4.09% 06-30-2034 829,044 852 0.1%
Cordelio Amalco GP I 4.09% 09-30-2034 839,044 862 0.1%
Corel Corp. Term Loan 1st Lien F/R 05-11-2024 163,625 215 0.0%
Crombie Real Estate Investment Trust 4.80% 01-31-2025 Callable 2024 496,030 510 0.0%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 2,230,000 2,294 0.2%
Crown Subsea Communications Holing Inc. Term Loan 1st Lien F/R 11-02-2025 540,296 710 0.1%
CSC Holdings LLC 7.50% 04-01-2028 Callable 2023 144A 93,459 131 0.0%
CSC Holdings LLC Term Loan 1st Lien F/R 04-07-2027 30,148 40 0.0%
CU Inc. 3.76% 11-19-2046 Callable 2046 1,130,000 1,148 0.1%
CU Inc. 3.95% 11-23-2048 Callable 2048 1,232,059 1,291 0.1%
CU Inc. 3.964% 07-27-2045 Callable 490,000 514 0.0%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 51,252 71 0.0%
DaVita Healthcare Partners Inc. 5.00% 05-01-2025 Callable 2020 186,918 238 0.0%
Dawn Acquisition LLC Term Loan 1st Lien F/R 10-25-2025 454,266 574 0.1%
Dentsply Sirona Inc. 48,300 2,653 0.2%
Deutsche Boerse AG 20,700 3,441 0.3%
DHX Media Ltd. 5.88% 09-30-2024 Conv. 173,050 141 0.0%
Diageo PLC 28,900 1,469 0.1%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 220,000 294 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 440,000 608 0.1%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 440,000 615 0.1%
DISH DBS Corp. 5.875% 11-15-2024 153,755 171 0.0%
DMT Solutions Global Corp. Term Loan 1st Lien F/R 06-25-2024 14,697 19 0.0%
Drax Group PLC 6.63% 11-01-2025 Callable 2021 144A 150,740 202 0.0%
Eagle Credit Card Trust 2.63% 10-17-2022 620,000 620 0.1%
Eagle Credit Card Trust 3.04% 07-17-2023 580,000 587 0.1%
EagleTree-Carbide Acquisition Corp. Term Loan 1st Lien F/R 08-28-2024 650,319 851 0.1%
Eastern Power LLC Term Loan B 1st Lien F/R 10-02-2023 207,476 272 0.0%
Electrical Components International Inc. Term Loan 1st Lien F/R 06-22-2025 468,895 599 0.1%
Electrical Components International Inc. Term Loan 2nd Lien F/R 06-22-2026 9,044 12 0.0%
Emera Inc. 75,704 3,544 0.3%
Emera Inc. 2.90% 06-16-2023 15,074 15 0.0%
EmployBridge LLC Term Loan B 1st Lien F/R 04-18-2025 97,516 128 0.0%
Enbridge Gas Distribution Inc. 3.51% 11-29-2047 Callable 2047 1,720,000 1,664 0.2%
Enbridge Inc. 190,553 9,277 1.0%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 1,160,000 1,135 0.1%
Enbridge Inc. 4.57% 03-11-2044 5,920,000 6,005 0.7%
Enbridge Inc. 5.37% 09-27-2077 Callable 2027 7,287,819 7,001 0.7%
Enbridge Inc. F/R 04-12-2078 Callable 2028 2,667,725 2,772 0.3%
ENC Holding Corp. Term Loan 1st Lien F/R 05-30-2025 159,246 203 0.0%
EnCana Corp. 186,800 1,804 0.2%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 1,820,000 1,823 0.2%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 1,370,000 1,380 0.1%
Ensono LP Term Loan 1st Lien F/R 04-30-2025 338,300 443 0.0%
Enterprise Merger Sub Inc. Term Loan 1st Lien F/R 09-28-2025 273,163 346 0.0%
Entertainment One Ltd. 216,000 1,584 0.1%
EnTrans International LLC Term Loan 1st Lien F/R 10-29-2025 395,222 515 0.0%
EPCOR Utilities Inc. 3.55% 11-27-2047 Callable 2047 1,311,104 1,289 0.1%
EPR Properties 4.95% 04-15-2028 Callable 2028 894,118 1,201 0.1%
Equifax Inc. 16,600 2,391 0.2%
Eurofins Scientific 2,600 1,440 0.1%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 194,237 261 0.0%
Exela Intermediate LLC Term Loan B 1st Lien F/R 07-12-2023 28,520 38 0.0%
FAGE International SA / FAGE USA Dairy Industry Inc. 5.63% 08-15-2026 Callable 2021 144A 474,831 510 0.0%
Fairfax Financial Holdings Ltd. 4.25% 12-06-2027 Callable 2027 520,000 515 0.0%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 1,338,977 1,395 0.1%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 1,900,000 2,952 0.3%
Federation des Caisses Desjardins du Quebec 2.09% 01-17-2022 2,156,474 2,133 0.2%
Federation des Caisses Desjardins du Quebec 3.06% 09-11-2023 3,163,311 3,220 0.3%
Financial & Risk US Holdings Inc. 8.25% 11-15-2026 Callable 2021 144A 197,133 254 0.0%
First Eagle Holdings Inc. Term Loan B 1st Lien F/R 12-01-2024 454,266 597 0.1%
First Quantum Minerals Ltd. 7.25% 04-01-2023 Callable 2019 144A 180,888 234 0.0%
Forming Machining Industries Holdings LLC Term Loan 1st Lien F/R 10-03-2025 287,643 376 0.0%
Fortis Inc. 57,983 2,751 0.3%
FortisAlberta Inc. 3.67% 09-09-2047 Callable 2047 380,000 380 0.0%
FortisAlberta Inc. 3.74% 09-18-2048 Callable 2048 340,000 342 0.0%
Fortress Transportation and Infrastructure Investors LLC 6.50% 10-01-2025 Callable 2021 144A 489,932 632 0.1%
Fortress Transportation and Infrastructure Investors LLC 6.75% 03-15-2022 Callable 2020 144A 214,051 287 0.0%
Foundation Building Materials LLC Term Loan B 1st Lien F/R 05-11-2025 200,000 259 0.0%
Fresenius US Finance II Inc. 4.25% 02-01-2021 144A 241,184 322 0.0%
Frontera Generation Holdings LLC Term Loan B 1st Lien F/R 04-25-2025 387,246 503 0.0%
Fusion Connect Inc. Term Loan B 1st Lien F/R 05-03-2023 103,925 124 0.0%
Futures Contracts 347 0.0%
FXI Holdings Inc. 7.88% 11-01-2024 Callable 2020 144A 81,400 103 0.0%
Gateway Casinos & Entertainment Ltd. 8.25% 03-01-2024 Callable 2020 144A 253,243 349 0.0%
Genworth Holdings Inc. Term Loan 1st Lien F/R 02-28-2023 22,619 30 0.0%
George Weston Ltd. 38,089 3,573 0.3%
GFL Environmental Inc. 5.38% 03-01-2023 Callable 2020 144A 250,962 312 0.0%
GFL Environmental Inc. 7.00% 06-01-2026 Callable 2021 144A 236,770 297 0.0%
GFL Environmental Inc. Term Loan B 1st Lien F/R 05-31-2025 745,556 966 0.1%
Gibson Energy Inc. 5.25% 07-15-2021 Conv. Callable 2020 93,459 102 0.0%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 595,442 597 0.1%
Glacier Credit Card Trust 2.05% 09-20-2022 2,710,000 2,655 0.2%
Glacier Credit Card Trust 3.14% 09-20-2023 972,059 989 0.1%
Government of Aruba 6.50% 01-31-2029 256,258 361 0.0%
Government of Bermuda 3.72% 01-25-2027 Callable 2026 6,175,000 7,969 0.8%
Government of Bermuda 4.13% 01-03-2023 980,000 1,317 0.1%
Government of Bermuda 4.854% 02-06-2024 760,000 1,055 0.1%
Government of Canada 1.00% 09-01-2022 106,030 103 0.0%
Government of Canada 1.25% 12-01-2047 Real Return 16,400,000 20,294 2.0%
Government of Canada 1.50% 06-01-2023 4,132,059 4,080 0.4%
Government of Canada 2.00% 06-01-2028 33,350,000 33,518 3.2%
Government of Canada 2.25% 06-01-2025 3,013,163 3,083 0.3%
Government of Canada 2.25% 06-01-2029 28,990,000 29,770 2.8%
Government of Canada 2.50% 06-01-2024 6,363,163 6,577 0.7%
Government of Canada 2.75% 06-01-2022 1,220,000 1,257 0.1%
Government of Canada 2.75% 12-01-2048 4,940,000 5,548 0.6%
Government of Dominican Republic 7.45% 04-30-2044 138,681 200 0.0%
Government of Mexico 7.50% 06-03-2027 1,673,215 110 0.0%
Gray Escrow Inc. 7.00% 05-15-2027 Callable 2022 144A 72,355 101 0.0%
Grifols Worldwide Operations USA Inc. Term Loan B 1st Lien F/R 01-31-2025 194,970 256 0.0%
Guala Closures SpA F/R 04-15-2024 Callable 2019 229,125 346 0.0%
H&R Real Estate Investment Trust 2.92% 05-06-2022 1,070,000 1,061 0.1%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 2,510,000 2,491 0.2%
H&R Real Estate Investment Trust 3.42% 01-23-2023 Callable 2022 752,059 753 0.1%
Hadrian Merger Sub Inc. 8.50% 05-01-2026 Callable 2021 144A 481,678 584 0.1%
Halo Buyer Inc. Delayed Draw Term Loan 1st Lien F/R 06-28-2025 60,188 77 0.0%
Halo Buyer Inc. Term Loan 1st Lien F/R 06-28-2025 142,921 182 0.0%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 144A 120,592 115 0.0%
Harley-Davidson Inc. 31,000 1,514 0.1%
HCA Holdings Inc. 5.25% 06-15-2026 Callable 2025 108,533 151 0.0%
HCA Inc. 5.88% 02-01-2029 Callable 2028 81,400 112 0.0%
Heartland Dental LLC Delay Draw Term Loan 1st Lien F/R 04-17-2025 9,820 13 0.0%
Heartland Dental LLC Term Loan 1st Lien F/R 04-17-2025 234,584 305 0.0%
Heathrow Funding Ltd. 3.25% 05-21-2025 2,545,746 2,555 0.2%
Heathrow Funding Ltd. 3.40% 03-08-2028 1,770,148 1,747 0.2%
Heathrow Funding Ltd. 3.79% 09-04-2030 Callable 2030 1,292,059 1,293 0.1%
Heineken Holding NV A 18,700 2,380 0.2%
Hillman Group Inc. Term Loan B 1st Lien F/R 05-21-2025 228,850 292 0.0%
Honeywell International Inc. 10,800 2,189 0.2%
Horizon Pharma Financing Inc. 6.63% 05-01-2023 Callable 2018 144A 96,474 131 0.0%
Hornblower Sub LLC Term Loan 1st Lien F/R 04-28-2025 644,256 844 0.1%
HSBC Bank Canada 2.17% 06-29-2022 1,380,000 1,358 0.1%
HSBC Bank Canada 3.25% 09-15-2023 1,410,000 1,437 0.1%
HSBC Holdings PLC 168,600 1,803 0.2%
HSBC Holdings PLC 3.20% 12-05-2023 2,680,000 2,687 0.2%
Hub International Ltd. Term Loan B 1st Lien F/R 04-25-2025 288,697 377 0.0%
Husky Energy Inc. 4.45% 12-31-2049 Pfd. Series 1 18,200 244 0.0%
Hydro One Inc. 2.97% 06-26-2025 Callable 2025 596,030 599 0.1%
Hydro One Inc. 3.63% 06-25-2049 Callable 2048 710,000 693 0.1%
Hydro One Inc. 3.72% 11-18-2047 3,730,000 3,705 0.3%
Hydro-Quebec Interest Strip 0% 02-15-2025 2,300,000 1,987 0.2%
IEA Energy Services LLC Term Loan 1st Lien F/R 11-02-2024 586,326 735 0.1%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 940,000 941 0.1%
Ineos US Finance LLC Term Loan B 1st Lien F/R 03-31-2024 217,531 283 0.0%
Intact Financial Corp. 11,821 1,300 0.1%
Intelsat Jackson Holdings SA Term Loan B3 1st Lien F/R 11-27-2023 195,962 258 0.0%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 3,870,000 3,777 0.3%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 MTN 2,860,000 2,815 0.3%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 2,090,000 2,071 0.2%
Interior Logic Group Holdings IV LLC Term Loan B 1st Lien F/R 05-21-2025 24,058 31 0.0%
Intermedia Holdings Inc. Term Loan B 1st Lien F/R 07-13-2025 358,089 472 0.0%
International Finance Corp. 3.625% 05-20-2020 2,100,000 1,918 0.2%
International Finance Corp. 7.00% 07-20-2027 8,559,021 533 0.0%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 1,337,741 1,647 0.2%
Iron Mountain Canada Operations ULC 5.38% 09-15-2023 Callable 2019 186,918 188 0.0%
Isagenix International LLC Term Loan 1st Lien F/R 04-26-2025 585,000 731 0.1%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $75.00 Exp. 06-21-2019 935 12 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $79.00 Exp. 06-21-2019 507 13 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $83.00 Exp. 04-18-2019 1,177 20 0.0%
Itron Inc. 5.00% 01-15-2026 Callable 2021 144A 18,000 23 0.0%
Ivanhoe Cambridge II Inc. 2.91% 06-27-2023 Callable 2023 706,030 713 0.1%
Janus International Group LLC Term Loan 1st Lien F/R 02-15-2025 405,222 528 0.0%
Japan Exchange Group Inc. 95,200 2,208 0.2%
Jefferies Finance LLC 6.88% 04-15-2022 Callable 120,592 159 0.0%
Johnson & Johnson 15,500 2,786 0.3%
JP Intermediate B LLC Term Loan 1st Lien F/R 10-19-2025 224,294 283 0.0%
JPMorgan Chase & Co. 21,200 2,910 0.3%
JPMorgan Chase & Co. 3.19% 03-05-2021 2,050,000 2,078 0.2%
Kao Corp. 17,800 1,770 0.2%
Keane Group Holdings LLC Term Loan B 1st Lien F/R 05-18-2025 347,446 439 0.0%
Kestrel Acquisition LLC Term Loan B 1st Lien F/R 05-02-2025 176,315 232 0.0%
Keyence Corp. 1,700 1,303 0.1%
Keystone Peer Review Organization Holdings Inc. Term Loan 1st Lien F/R 05-01-2024 118,861 152 0.0%
Kinder Morgan Inc. 115,400 2,908 0.3%
Kindred Healthcare Inc. Term Loan B 1st Lien F/R 06-21-2025 315,387 403 0.0%
Koninklijke Philips NV 53,794 2,817 0.3%
Kronos Acquisition Holdings Inc. 9.00% 08-15-2023 144A 12,059 14 0.0%
Kruger Products LP 6.00% 04-24-2025 Callable 2021 185,740 180 0.0%
Kweichow Moutai Co. Ltd. Class A 11,969 1,776 0.2%
L&W Inc. Term Loan 1st Lien F/R 05-17-2025 98,000 128 0.0%
Lamb Weston Holdings Inc. 4.63% 11-01-2024 Callable 2021 144A 126,622 168 0.0%
Lamb Weston Holdings Inc. 4.88% 11-01-2026 Callable 2021 144A 81,400 108 0.0%
Laurentian Bank of Canada 3.00% 09-12-2022 323,015 321 0.0%
LBM Borrower LLC Term Loan 1st Lien F/R 08-20-2022 1,547,648 1,994 0.2%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2018 144A 180,888 244 0.0%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-18-2022 301,012 399 0.0%
LifeScan Global Corp. Term Loan 1st Lien F/R 06-19-2024 1,021,400 1,294 0.1%
LifeScan Global Corp. Term Loan 2nd Lien F/R 06-19-2025 24,118 29 0.0%
Linde PLC 5,500 1,253 0.1%
Lions Gate Capital Holdings LLC 6.38% 02-01-2024 Callable 2021 144A 93,459 126 0.0%
Loblaw Companies Ltd. 50,358 3,300 0.3%
Lockheed Martin Corp. 5,500 2,238 0.2%
Logibec Groupe Informatique Ltd. Term Loan 1st Lien F/R 12-31-2018 69,302 66 0.0%
London Stock Exchange Group PLC 19,100 1,502 0.1%
Lundin Mining Corp. 122,000 815 0.1%
Mackenzie Global Tactical Bond Fund Series R 816,435 7,548 0.8%
Mackenzie International Dividend Fund Series R 181,836 2,099 0.2%
Mackenzie Unconstrained Fixed Income Fund Series R 653,180 6,433 0.7%
Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) 143,739 13,835 1.4%
Magna International Inc. 24,906 1,729 0.2%
Manulife Bank of Canada 2.08% 05-26-2022 2,220,000 2,182 0.2%
Manulife Bank of Canada 2.84% 01-12-2023 1,331,104 1,337 0.1%
Manulife Financial Corp. 335,662 7,465 0.8%
Manulife Financial Corp. F/R 05-09-2028 Callable 2023 752,059 758 0.1%
Manulife Financial Corp. F/R 08-20-2029 Callable 2024 2,590,000 2,568 0.2%
Manulife Financial Corp. Pfd. Series 13 2,020 40 0.0%
Marriott Ownership Resorts Inc. 6.50% 09-15-2026 Callable 2021 144A 105,518 144 0.0%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 361,495 349 0.0%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 144A 240,000 305 0.0%
Matterhorn Merger Sub LLC 8.50% 06-01-2026 Callable 2021 144A 293,434 342 0.0%
McDermott Escrow 1 Inc. 10.63% 05-01-2024 Callable 2021 144A 51,252 56 0.0%
McDermott Technology Americas Inc. Term Loan B 1st Lien F/R 04-05-2025 98,650 125 0.0%
McDonald's Corp. 6,260 1,514 0.1%
McDonald's Corp. 3.13% 03-04-2025 Callable 2025 2,560,000 2,562 0.2%
MEG Energy Corp. 6.375% 01-30-2023 Callable 144A 345,370 416 0.0%
MEG Energy Corp. 7.00% 03-31-2024 Callable 2018 144A 445,871 538 0.0%
Mercer International Inc. 7.38% 01-15-2025 Callable 2021 144A 84,414 116 0.0%
Meredith Corp. 6.88% 02-01-2026 Callable 2021 144A 165,814 226 0.0%
Meredith Corp. Term Loan B 1st Lien F/R 01-31-2025 764,518 1,007 0.1%
Methanex Corp. 8,659 641 0.1%
Micro Focus International PLC 89,906 2,935 0.3%
Microsoft Corp. 26,000 3,831 0.4%
Millar Western Forest Products Ltd. 9.50% 06-20-2023 Callable 2020 87,429 88 0.0%
Minotaur Acquisition Inc. Term Loan 1st Lien F/R 02-27-2026 530,296 692 0.1%
Moody's Corp. 9,600 2,186 0.2%
Morgan Stanley 3.00% 02-07-2024 3,208,021 3,189 0.3%
Mowi ASA 41,400 1,256 0.1%
Murata Manufacturing Co. Ltd. 3,300 675 0.1%
National Bank of Canada 1.96% 06-30-2022 8,810,000 8,654 0.9%
National Bank of Canada 2.98% 03-04-2024 793,015 794 0.1%
NAV Canada 3.29% 03-30-2048 Callable 2047 980,000 970 0.1%
Neenah Foundry Co. Term Loan B 1st Lien F/R 12-08-2022 102,926 134 0.0%
Nestlé SA Reg. 33,800 4,025 0.4%
New Oriental Education & Technology Group Inc. ADR 10,200 1,101 0.1%
New Red Finance Inc. 4.25% 05-15-2024 Callable 2020 144A 75,370 97 0.0%
New Red Finance Inc. 5.00% 10-15-2025 Callable 2020 144A 243,625 312 0.0%
Newell Brands Inc. 4.20% 04-01-2026 Callable 2026 778,681 964 0.1%
Nidec Corp. 1,400 223 0.0%
Nike Inc. Class B 9,404 1,060 0.1%
Nine Energy Service Inc. 8.75% 11-01-2023 Callable 2020 144A 132,651 175 0.0%
NMN Holdings III Corp. Term Loan 1st Lien F/R 10-26-2025 237,133 309 0.0%
Nokia OYJ 203,200 1,616 0.1%
Nokia OYJ 3.38% 06-12-2022 54,266 70 0.0%
Nokia OYJ 5.38% 05-15-2019 145,615 192 0.0%
North Battleford Power LP 4.958% 12-31-2032 1,399,580 1,539 0.1%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 2,320,000 2,243 0.2%
North West Redwater Partnership 3.65% 06-01-2035 Callable 2034 1,170,000 1,163 0.1%
Northern Trust Corp. 11,500 1,410 0.1%
Nouvelle Autoroute 30 Financement Inc. 4.11% 03-31-2042 990,000 1,022 0.1%
Novo Nordisk AS B 38,800 2,504 0.2%
NRG Yield Operating LLC 5.375% 08-15-2024 Callable 132,651 172 0.0%
Nufarm Australia Ltd. 5.75% 04-30-2026 Callable 2021 144A 183,903 225 0.0%
Numericable-SFR 7.38% 05-01-2026 Callable 2021 144A 138,681 179 0.0%
Nutrien Ltd. 40,859 2,927 0.3%
NuVista Energy Ltd. 6.50% 03-02-2023 Callable 2020 108,533 106 0.0%
NVA Holdings Inc. 6.88% 04-01-2026 Callable 2021 45,222 58 0.0%
Oaktree Capital Group LLC 45,591 2,541 0.2%
Occidental Petroleum Corp. 24,300 2,114 0.2%
OCI Beaumont LLC Term Loan B 1st Lien F/R 02-16-2025 286,075 376 0.0%
OCI NV 6.63% 04-15-2023 Callable 2020 144A 211,036 288 0.0%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 159,902 216 0.0%
Olin Corp. 5.00% 02-01-2030 Callable 2024 37,685 48 0.0%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 750,000 986 0.1%
OMERS Realty Corp. 3.24% 10-04-2027 Callable 2027 4,120,000 4,191 0.4%
OMERS Realty Corp. 3.63% 06-05-2030 Callable 2030 1,730,000 1,803 0.2%
Ontario Hydro 0% 05-26-2025 2,060,000 1,744 0.2%
Ontario Power Generation Inc. 3.32% 10-04-2027 Callable 2027 1,520,000 1,527 0.1%
Ontario Power Generation Inc. 3.84% 06-22-2048 Callable 2047 930,000 910 0.1%
Ontario Power Generation Inc. 4.25% 01-18-2049 Callable 2048 496,030 520 0.0%
OPB Finance Trust 2.98% 01-25-2027 1,710,000 1,729 0.2%
Open Text Corp. 54,800 2,733 0.3%
Oracle Corp. 25,700 1,762 0.2%
Oregon Clean Energy LLC Term Loan 1st Lien F/R 02-15-2026 30,148 40 0.0%
Ortho-Clinical Diagnostics Inc. Term Loan B 1st Lien F/R 06-01-2025 193,023 252 0.0%
Osteon Merger Sub Inc. Term Loan B 1st Lien F/R 02-06-2025 277,900 366 0.0%
Otsuka Corp. 18,000 851 0.1%
Owens & Minor Inc. Term Loan B 1st Lien F/R 05-01-2025 199,000 228 0.0%
Park Aerospace Holdings Ltd. 5.25% 08-15-2022 144A 115,222 155 0.0%
Parkland Fuel Corp. 37,422 1,378 0.1%
Parkland Fuel Corp. 6.00% 04-01-2026 Callable 2021 144A 364,569 474 0.0%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 355,746 362 0.0%
Pembina Pipeline Corp. 47,423 2,284 0.2%
Pembina Pipeline Corp. 3.54% 02-03-2025 Callable 830,000 841 0.1%
Pembina Pipeline Corp. 4.02% 03-27-2028 Callable 2027 1,300,000 1,332 0.1%
Penske Automotive Group Inc. 3.75% 08-15-2020 111,548 146 0.0%
Pernod Ricard SA* 5,700 1,291 0.1%
Petroleos De Venezuela SA 6.00% 05-16-2024 862,503 287 0.0%
PetSmart Inc. Term Loan B2 1st Lien F/R 03-10-2022 1,849 2 0.0%
Philip Morris International Inc. 28,500 3,259 0.3%
Pisces Midco Inc. 8.00% 04-15-2026 Callable 2021 [144A] 215,518 268 0.0%
Pisces Midco Inc. Term Loan B 1st Lien F/R 03-29-2025 374,659 480 0.0%
PLH Group Inc. Term Loan 1st Lien F/R 08-06-2023 360,710 465 0.0%
Power Corp. of Canada Sub. Voting* 31,300 879 0.1%
Power Financial Corp.* 30,000 881 0.1%
PrairieSky Royalty Ltd. 9,100 174 0.0%
Premier Dental Services Inc. Term B 1L F/R 06-30-2023 45,748 59 0.0%
Premier Foods Finance PLC 6.25% 10-15-2023 Callable 2020 195,962 348 0.0%
Project Leopard Holdings Inc. Term Loan 1st Lien F/R 07-07-2023 507,281 661 0.1%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 02-15-2024 944,115 1,135 0.1%
Province of Newfoundland 3.00% 06-02-2026 1,280,000 1,306 0.1%
Province of Newfoundland 3.70% 10-17-2048 6,130,000 6,535 0.7%
Province of Ontario 2.65% 02-05-2025 2,354,118 2,390 0.2%
Province of Ontario 2.70% 06-02-2029 4,791,104 4,789 0.4%
Province of Ontario 2.90% 06-02-2028 29,739,044 30,321 2.9%
Province of Ontario 2.90% 06-02-2049 51,090,000 49,783 4.7%
Province of Ontario 3.50% 06-02-2024 530,000 560 0.1%
Province of Ontario 4.60% 06-02-2039 2,930,000 3,622 0.3%
Province of Quebec 0% 04-01-2026 Generic Strip 2,720,000 2,259 0.2%
Province Of Quebec 2.75% 09-01-2028 4,720,000 4,774 0.4%
Province of Quebec 3.50% 12-01-2048 18,050,000 19,843 1.9%
Province of Saskatchewan 3.30% 06-02-2048 1,830,000 1,906 0.2%
PS HoldCo LLC Term Loan 1st Lien F/R 03-02-2025 219,450 288 0.0%
PSC Industrial Outsourcing LP Term Loan B 1st Lien F/R 10-05-2024 633,600 825 0.1%
Puma International Financing SA 5.00% 01-24-2026 Callable 2021 391,924 442 0.0%
Pure Multi-Family REIT LP 132,647 1,141 0.1%
Quad/Graphics Inc. 7.00% 05-01-2022 90,444 119 0.0%
Quad/Graphics Inc. Term Loan B 1st Lien F/R 06-30-2026 652,355 857 0.1%
Quebecor Media Inc. 6.625% 01-15-2023 144A 65,120 69 0.0%
R.R. Donnelley & Sons Co. Term Loan B 1st Lien F/R 01-04-2024 192,104 252 0.0%
R1 RCM Inc. Term Loan B 1st Lien F/R 05-02-2025 338,300 444 0.0%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 945,814 1,088 0.1%
Reliance Intermediate Holdings LP 6.50% 04-01-2023 Callable 2018 144A 233,499 317 0.0%
Reliance LP 3.84% 03-15-2025 Callable 2025 1,334,118 1,333 0.1%
Republic of Argentina 5.88% 01-11-2028 272,839 280 0.0%
Republic of Argentina 6.88% 01-11-2048 51,252 51 0.0%
Research Now Group Inc. Term Loan 1st Lien F/R 12-20-2024 156,443 205 0.0%
Resolute Forest Products Inc. 5.875% 05-15-2023 18,089 24 0.0%
Reynolds Group Issuer Inc./Reynolds Group Issuer LLC/Reynolds Group Issue Lu 5.125% 07-15-2023 120,592 159 0.0%
RioCan Real Estate Investment Trust 64,458 1,620 0.1%
Rite Aid Corp. 6.125% 04-01-2023 Callable 2018 144A 30,148 34 0.0%
Rite Aid Corp. 7.70% 02-15-2027 307,510 276 0.0%
Roche Holding AG Genusscheine 7,800 2,851 0.3%
Rogers Communications Inc. Class B non-voting 10,985 799 0.1%
Royal Bank of Canada 130,518 13,425 1.3%
Royal Bank of Canada 2.36% 12-05-2022 21,104 21 0.0%
Royal Bank of Canada 2.95% 05-01-2023 7,450,000 7,552 0.8%
Royal Bank of Canada 3.30% 09-26-2023 4,474,118 4,563 0.4%
Russel Metals Inc. 6.00% 03-16-2026 Callable 2021 111,548 112 0.0%
Russian Federal Bond - OFZ 7.05% 01-19-2028 24,721,367 461 0.0%
Sabre Corp. 42,991 1,268 0.1%
Safran SA 20,500 3,678 0.3%
Sands China Ltd. 276,200 1,814 0.2%
SAP AG 15,600 2,199 0.2%
Savage Enterprises LLC Term Loan B 1st Lien F/R 07-02-2025 431,530 571 0.1%
Scientific Games International Inc. 3.38% 02-15-2026 Callable 2021 203,499 293 0.0%
Scientific Games International Inc. 5.50% 02-15-2026 Callable 2021 90,444 126 0.0%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 1,987,339 1,933 0.2%
Sequel Merger Sub II LLC B Term Loan 1st Lien F/R 07-02-2025 24,058 31 0.0%
Shaw Communications Inc. 4.40% 11-02-2028 Callable 2028 2,154,118 2,248 0.2%
Shaw Communications Inc. Class B non-voting 301,215 8,176 0.9%
Shaw Communications Inc. Pfd Series A 7,609 117 0.0%
Sigma Bidco BV Term Loan B 1st Lien F/R 03-07-2025 185,222 274 0.0%
Sigma US Corp. Term Loan B 1st Lien F/R 03-06-2025 364,280 476 0.0%
Sika AG 13,100 2,331 0.2%
SIRVA Worldwide Inc. Term Loan 1st Lien F/R 07-31-2025 407,141 527 0.0%
SIWF Holdings Inc. Term Loan 1st Lien F/R 05-25-2025 238,800 314 0.0%
SNC-Lavalin Group Inc. 27,845 1,012 0.1%
SoftBank Group Corp. 5.38% 07-30-2022 Callable 2022 30,148 41 0.0%
SoftBank Group Corp. 6.13% 04-20-2025 Callable 2025 99,488 134 0.0%
Sony Corp. 22,000 1,387 0.1%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 590,901 595 0.1%
Source Energy Services Ltd. 5,178 6 0.0%
Spirit AeroSystems Inc. 3.95% 06-15-2023 Callable 2023 662,059 874 0.1%
Sprint Capital Corp. 6.875% 11-15-2028 60,296 78 0.0%
Sprint Corp. 7.13% 06-15-2024 48,237 66 0.0%
Sprint Corp. 7.875% 09-15-2023 51,252 72 0.0%
Sprint Spectrum Co. LLC 4.74% 03-20-2025 144A 750,000 990 0.1%
Spy Hill Power LP 4.14% 03-31-2036 1,131,141 1,170 0.1%
SRS Distribution Inc. Term Loan B 1st Lien F/R 05-17-2025 122,512 158 0.0%
SS&C Technologies Inc. Term Loan B5 1st Lien F/R 04-16-2025 259,494 340 0.0%
St. Joseph Energy Center LLC Term Loan 1st Lien F/R 04-06-2025 194,365 254 0.0%
Staples Inc. Term Loan 1st Lien F/R 08-15-2024 923,416 1,208 0.1%
Starbucks Corp. 29,500 2,726 0.3%
Starfruit US Holdco LLC 8.00% 10-01-2026 Callable 2021 [144A] 170,148 223 0.0%
Stars Group Holdings BV 7.00% 07-15-2026 Callable 2021 144A 257,503 347 0.0%
Stella-Jones Inc. 11,700 483 0.0%
Stonegate Pub Company Financing PLC 4.88% 03-15-2022 Callable 2019 241,184 414 0.0%
Sun Life Financial Inc. 81,800 4,075 0.4%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 2,410,000 2,429 0.2%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 3,210,000 3,226 0.3%
Sun Life Financial Inc. F/R 11-23-2027 Callable 2022 1,141,104 1,137 0.1%
Suncor Energy Inc. 152,724 6,928 0.7%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 497,442 481 0.0%
Superior Plus LP 7.00% 07-15-2026 Callable 2021 144A 605,154 797 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.63% 04-28-2026 Callable 2026 144A 2,635,154 3,373 0.3%
Syniverse Holdings Inc. Term Loan 1st Lien F/R 02-09-2023 248,125 309 0.0%
Sysco Canada Inc. 3.65% 04-25-2025 Callable 2025 1,202,059 1,227 0.1%
T-Mobile USA Inc. 6.50% 01-15-2026 Callable 2026 90,444 128 0.0%
Taiwan Semiconductor Manufacturing Co. Ltd. 134,700 1,374 0.1%
Talen Energy Supply LLC 9.50% 07-15-2022 Callable 2020 144A 244,858 345 0.0%
Telenet Finance Luxembourg Notes Sarl 5.50% 03-01-2028 Callable 2022 144A 60,296 77 0.0%
Telenet Financing USD LLC Term Loan AN 1st Lien F/R 08-15-2026 195,962 255 0.0%
TELUS Corp. 146,719 7,013 0.7%
TELUS Corp. 3.35% 04-01-2024 Callable 270,000 274 0.0%
TELUS Corp. 3.63% 03-01-2028 Callable 2027 460,000 465 0.0%
TELUS Corp. 4.70% 03-06-2048 Callable 2047 930,000 956 0.1%
Tencent Holdings Ltd. 33,000 1,857 0.2%
Tenet Healthcare Corp. 6.25% 02-01-2027 Callable 2022 144A 102,503 139 0.0%
Tenet Healthcare Corp. 6.75% 06-15-2023 189,932 256 0.0%
TerraForm Power Operating LLC 5.00% 01-31-2028 Callable 2027 144A 429,894 538 0.0%
Teva Pharmaceutical Finance Netherlands III BV 3.15% 10-01-2026 Callable 135,443 148 0.0%
Teva Pharmaceutical Industries Ltd. 2.20% 07-21-2021 197,281 247 0.0%
Teva Pharmaceutical Industries Ltd. 2.80% 07-21-2023 96,474 115 0.0%
Texas Instruments Inc. 10,700 1,489 0.1%
The Bank of Nova Scotia 205,417 15,025 1.5%
The Bank of Nova Scotia 2.29% 06-28-2024 4,000,000 3,920 0.4%
The Bank of Nova Scotia 2.36% 11-08-2022 2,620,000 2,599 0.2%
The Bank of Nova Scotia 6.45% 01-01-2025 5,780,497 6,722 0.7%
The Bank of Nova Scotia F/R 01-18-2029 Callable 2024 3,319,192 3,387 0.3%
The Goldman Sachs Group Inc. 2.43% 04-26-2023 Callable 3,170,000 3,105 0.3%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 6,460,000 5,939 0.6%
The KeyW Holding Corp. Term Loan 1st Lien F/R 05-04-2024 297,674 393 0.0%
The Kraft Heinz Co. 12,600 550 0.1%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 2,700,000 2,687 0.2%
The Sherwin-Williams Co. 5,200 2,963 0.3%
The Toronto-Dominion Bank 210,308 15,871 1.6%
The Toronto-Dominion Bank 1.91% 07-18-2023 DPNT 208,021 202 0.0%
The Toronto-Dominion Bank 2.05% 12-01-2022 1,072,845 1,063 0.1%
The Toronto-Dominion Bank 3.01% 05-30-2023 1,170,000 1,190 0.1%
The Toronto-Dominion Bank 4.86% 03-04-2031 Callable 2026 1,680,000 1,830 0.2%
The Toronto-Dominion Bank 5.38% 07-01-2028 1,639,097 1,856 0.2%
The Toronto-Dominion Bank 6.125% 12-01-2024 3,009,235 3,459 0.3%
The Toronto-Dominion Bank F/R 07-25-2029 Callable 2024 1,610,000 1,603 0.1%
The Toronto-Dominion Bank F/R 09-14-2028 Callable 2023 1,808,089 1,838 0.2%
Thor Industries Inc. Term Loan B 1st Lien F/R 11-01-2025 702,304 901 0.1%
Titan Acquisition Ltd. 7.75% 04-15-2026 Callable 2021 144A 208,021 240 0.0%
TMX Group Ltd. 2.30% 12-11-2024 Callable 2024 652,059 650 0.1%
TMX Group Ltd. 3.78% 06-05-2028 Callable 2028 643,015 658 0.1%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 2,050,000 2,176 0.2%
TransAlta Corp. Pfd. Series A 75,093 891 0.1%
TransCanada Corp. 130,949 7,706 0.8%
TransCanada Corp. Pfd. Series 15 53,874 1,367 0.1%
TransCanada Pipelines Ltd. 3.39% 03-15-2028 Callable 2027 1,146,030 1,146 0.1%
TransCanada PipeLines Ltd. 3.69% 07-19-2023 270,000 279 0.0%
TransCanada PipeLines Ltd. 4.18% 07-03-2048 Callable 2048 850,000 832 0.1%
TransCanada Trust F/R 05-18-2077 Callable 2027 3,709,044 3,452 0.3%
Transurban Finance Co. Pty. Ltd. 4.56% 11-14-2028 Callable 2028 2,191,104 2,324 0.2%
Trico Products Corp. Term Loan 1st Lien F/R 02-02-2024 137,375 174 0.0%
Trillium Windpower LP 5.80% 02-15-2033 1,110,794 1,261 0.1%
Uber Technologies Inc. 8.00% 11-01-2026 Callable 2021 144A 871,776 1,198 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 1,338,555 1,758 0.2%
Ultra Clean Holdings Inc. Term Loan B 1st Lien F/R 08-27-2025 697,016 871 0.1%
Unilever NV CVA 27,500 1,957 0.2%
Unimin Corp. Term Loan 1st Lien F/R 05-21-2025 478,998 550 0.1%
Union Gas Ltd. 3.59% 11-22-2047 Callable 2047 1,280,000 1,259 0.1%
United States Treasury 2.25% 11-15-2027 310,000 394 0.0%
United States Treasury 2.75% 02-15-2028 2,230,000 2,948 0.3%
United States Treasury 2.88% 08-15-2028 1,320,000 1,761 0.2%
United States Treasury 2.88% 09-30-2023 1,690,000 2,257 0.2%
United States Treasury 2.88% 10-31-2023 273,015 365 0.0%
United States Treasury 3.00% 02-15-2048 8,820,000 11,427 1.1%
United States Treasury 3.13% 11-15-2028 2,460,000 3,352 0.3%
United States Treasury 3.38% 11-15-2048 6,320,000 8,809 0.9%
United Technologies Corp. 17,400 2,876 0.3%
Vancouver Airport Authority 3.66% 11-23-2048 Callable 2048 1,152,059 1,205 0.1%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 2,160,000 2,120 0.2%
Ventas Realty LP 4.00% 03-01-2028 Callable 2027 850,000 1,107 0.1%
VeriFone Systems Inc. Term Loan 1st Lien F/R 08-09-2025 292,430 384 0.0%
VeriSign Inc. 4.75% 07-15-2027 Callable 2022 949,044 1,238 0.1%
Vertex Aerospace Services Corp. Term Loan B 1st Lien F/R 06-14-2025 255,068 337 0.0%
Vesta Energy Corp. 8.13% 07-24-2023 Callable 2020 144A 90,444 85 0.0%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 37,685 40 0.0%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 90,444 95 0.0%
Visa Inc. Class A 11,900 2,318 0.2%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 464,496 610 0.1%
Vodafone Group PLC 3.75% 01-16-2024 520,000 682 0.1%
VRX Escrow Corp. 6.125% 04-15-2025 Callable 2020 144A 84,414 107 0.0%
VVC Holding Corp. Term B 1st Lien F/R 02-07-2026 754,414 989 0.1%
Vyaire Medical Inc. Term Loan B 1st Lien F/R 04-06-2025 458,798 567 0.1%
W/S Packaging Holdings Inc. 9.00% 04-15-2023 Callable 2020 144A 593,391 803 0.1%
Walgreens Boots Alliance Inc. 15,900 1,489 0.1%
Wells Fargo & Co. 27,400 1,798 0.2%
Wells Fargo & Co. 2.98% 05-19-2026 1,823,000 1,775 0.2%
Wells Fargo & Co. 3.19% 02-08-2024 Callable 2024 3,231,104 3,247 0.3%
Welltower Inc. 4.13% 03-15-2029 Callable 2028 839,044 1,099 0.1%
Welltower Inc. 4.25% 04-15-2028 Callable 2028 672,059 894 0.1%
Westcoast Energy Inc. 4.79% 10-28-2041 2,070,000 2,252 0.2%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 144A 248,918 334 0.0%
Wind Tre SPA 5.00% 01-20-2026 Callable 2020 63,311 72 0.0%
Xplornet Communications Inc. 9.63% 06-01-2022 Callable 2019 144A 133,845 182 0.0%
Yak Access LLC Term Loan B 1st Lien F/R 06-26-2025 747,653 854 0.1%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 176,245 228 0.0%
Ziggo Secured Finance Partnership Term Loan E 1st Lien F/R 04-27-2025 437,146 569 0.1%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 647,625 854 0.1%
Total Investments -- 1,067,398 98.0%
Cash & Equivalents -- 12,480 1.1%
Currency Hedge Contracts -- 1,009 0.1%
Other Assets (Liabilities) -- 8,969 0.8%
Total Net Assets -- 1,089,856 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of May 31, 2019
  • Regional Allocation
      Canada
    EQ : 15.0% | FI : 49.1%
    64.1%
      United States
    EQ : 6.7% | FI : 12.0%
    18.7%
      Other
    EQ : 4.9% | FI : 2.8%
    7.7%
      United Kingdom
    EQ : 0.9% | FI : 1.2%
    2.1%
      Switzerland
    EQ : 1.0%
    1.0%
      Australia
    FI : 0.6%
    0.6%
      Cash & Equivalents 5.8%
  • Sector Allocation
      Corporate Bonds 30.3%
      Equities 28.3%
      Federal Bonds 11.7%
      Provincial Bonds 11.5%
      Cash & Equivalents 5.8%
      Bank Loans 5.4%
      Mutual&Pooled 2.9%
      Foreign Fixed Income 2.1%
      Mortgage Backed 1.2%
      Other 0.8%
Credit Allocation (%)
AAA 13.9%
AA 9.2%
A 18.3%
BBB 14.7%
BB 2.2%
B 5.1%
CCC & Below 0.5%
NR 0.4%
Cash & Equivalents 5.8%
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.

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 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.