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 July 31, 2019
Major holdings represent 18.6% of the fund.
View all holdings
Total # of
Equity Holdings
134
Total # of
Fixed Income Holdings
544
Holding name, country and sector Percentage of holding in fund
Province of Ontario 2.90% 06-02-2049
Canada | Provincial Governments
3.8%
Province of Quebec 3.50% 12-01-2048
Canada | Provincial Governments
2.5%
Government of Canada 1.50% 09-01-2024
Canada | Federal Government
2.4%
Province of Ontario 2.70% 06-02-2029
Canada | Provincial Governments
2.3%
Government of Canada 2.75% 12-01-2048
Canada | Federal Government
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
1.2%
Manulife Financial Corp
Canada | Life & Health Insurance
0.8%
Shaw Communications Inc
Canada | Cable & Satellite
0.8%

Complete Fund Holdings Help Full holdings list

As of May 31, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.14% 03-06-2030 Callable 2029 383,134 401 0.0%
407 International Inc. 3.43% 06-01-2033 MTN 3,180,000 3,379 0.3%
407 International Inc. 3.60% 05-21-2047 Callable 1,590,000 1,695 0.2%
407 International Inc. 3.65% 09-08-2044 Callable MTN 476,268 511 0.0%
407 International Inc. 3.67% 03-08-2049 Callable 2048 566,268 614 0.1%
407 International Inc. 3.72% 05-11-2048 Callable 2047 1,960,000 2,139 0.2%
AAC holdings Inc. Term Loan 1st Lien F/R 06-30-2023 68,873 86 0.0%
Access Justice Durham 5.02% 08-31-2039 3,408,642 4,017 0.4%
Acproducts Inc. Term Loan 1st Lien F/R 02-14-2024 555,817 717 0.1%
Adtalem Global Education Inc. Term Loan B 1st Lien F/R 04-09-2025 32,596 44 0.0%
Advanced Micro Devices Inc. 7.50% 08-15-2022 109,696 165 0.0%
Aegis Toxicology Sciences Corp. Term Loan B 1st Lien F/R 05-09-2025 159,200 209 0.0%
Aena SA 11,100 2,764 0.2%
AerCap Ireland Capital Designated Activity Co. 3.30% 01-23-2023 Callable 2022 1,050,000 1,414 0.1%
AerCap Ireland Capital Designated Activity Co. 4.45% 10-01-2025 Callable 2025 570,000 794 0.1%
AerCap Ireland Capital Designated Activity Co. 4.88% 01-16-2024 Callable 2023 342,976 491 0.0%
AI Ladder Luxembourg Term Loan B 1st Lien F/R 05-04-2025 343,277 460 0.0%
AIA Group Ltd. 113,200 1,437 0.1%
AIMCo Realty Investors LP 2.27% 06-26-2024 Callable 2024 1,570,000 1,567 0.1%
AIMCo Realty Investors LP 3.04% 06-01-2028 Callable 2028 925,671 959 0.1%
Air Canada 40,633 1,621 0.1%
Air Liquide SA 16,099 2,711 0.2%
AL Midcoast Holdings LLC Term Loan B 1st Lien F/R 06-28-2025 429,779 583 0.1%
Alcami Carolinas Corp. Term Loan 1st Lien F/R 07-06-2025 381,959 514 0.0%
Alchemy US Holdco LLC Term Loan B 1st Lien F/R 10-01-2025 348,552 471 0.0%
Alcoa Nederland Holding BV 6.13% 05-15-2028 Callable 2023 144A 115,964 156 0.0%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 1,810,000 1,911 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 1,698 0.2%
Allegiant Travel Co. Term Loan B 1st Lien F/R 01-29-2024 475,224 641 0.1%
Allergan PLC 15,700 2,587 0.2%
Allied Properties Real Estate Investment Trust 33,186 1,613 0.1%
AltaGas Ltd. Pfd. Series K 32,697 663 0.1%
AltaLink LP 3.72% 12-03-2046 Callable MTN 1,665,000 1,819 0.2%
Altice France SA Term Loan B13 1st Lien F/R 01-31-2026 314,623 415 0.0%
Altice SA 7.75% 05-15-2022 Callable 144A 141,037 194 0.0%
Altria Group Inc. 24,529 1,626 0.1%
AMC Entertainment Holdings Inc. 5.88% 11-15-2026 Callable 112,830 135 0.0%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 1,415,671 1,412 0.1%
Anheuser-Busch InBev Worldwide Inc. 4.75% 01-23-2029 Callable 2028 200,000 295 0.0%
Antero Resources Corp. 5.00% 03-01-2025 45,445 58 0.0%
APFS Staffing Holdings Inc. Term Loan 1st Lien F/R 04-10-2026 326,415 436 0.0%
Apple Inc. 7,500 1,774 0.2%
ARC Resources Ltd. 144,238 1,062 0.1%
ArcelorMittal SA 5.13% 06-01-2020 125,366 173 0.0%
Arcos Dorados Holdings Inc. 5.88% 04-04-2027 Callable 2022 297,745 410 0.0%
Arcos Dorados Holdings Inc. 6.63% 09-27-2023 125,366 182 0.0%
Ardonagh Midco 3 PLC 8.63% 07-15-2023 Callable 2020 115,964 143 0.0%
Aristocrat International Pty Ltd. Term Loan B 1st Lien F/R 10-19-2024 202,981 272 0.0%
Aroundtown SA 4.63% 09-18-2025 Callable 2025 1,152,537 1,203 0.1%
Artis Real Estate Investment Trust 3.68% 02-22-2021 576,268 585 0.1%
Ashtead Capital Inc. 4.13% 08-15-2025 Callable 2020 144A 291,477 391 0.0%
Asian Development Bank 5.90% 12-20-2022 6,904,552 131 0.0%
Asian Development Bank 6.00% 02-24-2021 10,750,164 206 0.0%
Asian Development Bank 6.45% 08-08-2021 5,171,363 100 0.0%
AT&T Inc. 2.85% 05-25-2024 1,902,537 1,909 0.2%
AT&T Inc. 4.00% 11-25-2025 Callable 2025 1,759,402 1,850 0.2%
AT&T Inc. 4.35% 03-01-2029 Callable 2028 476,268 673 0.1%
Atlas Copco AB A 34,500 1,258 0.1%
Avolon TLB Borrower 1 US LLC Term Loan B3 1st Lien F/R 01-15-2025 48,805 66 0.0%
B3 SA- Brasil Bolsa Balcao 110,039 1,384 0.1%
Baker Hughes a GE Co. 34,400 995 0.1%
Ball Metalpack Finco LLC Term Loan B 1st Lien F/R 07-26-2025 302,192 410 0.0%
Bank of America Corp. 3.30% 04-24-2024 Callable 2023 1,058,805 1,087 0.1%
Bank of America Corp. 3.95% 04-21-2025 390,000 540 0.0%
Bank of America Corp. F/R 04-25-2025 Callable 2024 1,162,537 1,177 0.1%
Bank of America Corp. F/R 09-20-2025 Callable 2024 1,747,452 1,803 0.2%
Bank of Montreal 54,522 5,350 0.6%
Bank of Montreal 2.27% 07-11-2022 3,370,000 3,392 0.3%
Bank of Montreal 2.70% 09-11-2024 DPNT 3,530,000 3,622 0.3%
Bank of Montreal 2.85% 03-06-2024 969,402 988 0.1%
Bank of Montreal 2.89% 06-20-2023 1,590,000 1,637 0.1%
Bank of Montreal 3.19% 03-01-2028 1,535,671 1,629 0.1%
Bank of Montreal 3.32% 06-01-2026 1,035,220 1,056 0.1%
Bausch Health Cos Inc. 5.75% 08-15-2027 Callable 2022 144A 34,476 47 0.0%
Bausch Health Cos Inc. 8.50% 01-31-2027 Callable 2022 144A 34,476 49 0.0%
Bausch Health Cos Inc. 9.00% 12-15-2025 Callable 2021 137,903 201 0.0%
Bausch Health Cos Inc. Term Loan B 1st Lien F/R 05-24-2025 238,842 322 0.0%
Bayer AG 15,652 1,248 0.1%
Baytex Energy Corp. 5.63% 06-01-2024 Callable 2019 144A 194,318 251 0.0%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 2,040,000 2,124 0.2%
Beacon Escrow Corp. 4.88% 11-01-2025 Callable 2020 144A 265,366 340 0.0%
Becton, Dickinson and Co. 12,855 4,055 0.4%
Bell Canada 2.70% 02-27-2024 Callable 2,918,207 2,946 0.3%
Bell Canada 3.80% 08-21-2028 Callable 2028 2,349,402 2,488 0.2%
Bell Canada 4.45% 02-27-2047 Callable 2,460,000 2,625 0.2%
Berry Global Escrow Corp. 4.88% 07-15-2026 Callable 2022 144A 56,415 76 0.0%
Berry Global Escrow Corp. 5.63% 07-15-2027 Callable 2022 144A 28,207 39 0.0%
Boardriders Inc. Term Loan B 1st Lien F/R 03-21-2024 249,902 334 0.0%
BP Capital Markets PLC 3.47% 05-15-2025 2,158,207 2,273 0.2%
Brenntag AG 26,400 1,658 0.1%
Bright Bidco BV Term Loan B 1st Lien F/R 06-30-2024 202,176 208 0.0%
British American Tobacco PLC 32,600 1,537 0.1%
Broadcom Inc. 5,800 1,972 0.2%
Brookfield Asset Management Inc. Pfd. Series 46 20,788 497 0.0%
Brookfield Asset Management Inc. Pfd. Series 48 20,061 451 0.0%
Brookfield Infrastructure Finance ULC 4.20% 09-11-2028 Callable 2028 1,835,671 1,920 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 1,360,000 1,400 0.1%
Brookfield Renewable Energy Partners ULC 3.75% 06-02-2025 Callable 2025 750,000 782 0.1%
Brookfield Renewable Partners LP Pfd. Series 11 59,652 1,271 0.1%
Brookfield Renewable Partners ULC 4.25% 01-15-2029 Callable 2028 1,315,671 1,395 0.1%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 3,790,000 3,847 0.3%
Bruce Power LP 3.97% 06-23-2026 910,000 965 0.1%
Bulldog Purchaser Inc. Delayed Draw Term Loan 1st Lien F/R 08-31-2025 14,243 19 0.0%
Bulldog Purchaser Inc. Term Loan B 1st Lien F/R 08-31-2025 291,005 390 0.0%
Burger King France SAS 6.00% 05-01-2024 Callable 2020 144,171 230 0.0%
Burger King Worldwide Inc. Term Loan B 1st Lien F/R 02-16-2024 46,893 63 0.0%
BWAY Holding Co. 7.25% 04-15-2025 144A 68,951 90 0.0%
C&D Technologies Inc. Term Loan B 1st Lien F/R 12-13-2025 359,842 458 0.0%
C&W Senior Financing Designated Activity Co. 7.50% 10-15-2026 Callable 2021 144A 470,124 656 0.1%
Cabot Oil & Gas Corp. 22,300 754 0.1%
Calceus Acquisition Inc. Term Loan B1 1st Lien F/R 02-08-2025 496,427 668 0.1%
Calfrac Holdings LP 8.50% 06-15-2026 Callable 2021 144A 43,878 43 0.0%
California Resources Corp. 8.00% 12-15-2022 Callable 2019 144A 156,708 149 0.0%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 18,808 25 0.0%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 158,275 222 0.0%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 07-01-2024 491,657 653 0.1%
Canada Goose Inc. Term Loan 1st Lien F/R 12-02-2024 792,802 1,066 0.1%
Canadian Imperial Bank of Commerce 14,900 1,527 0.1%
Canadian Imperial Bank of Commerce 2.47% 12-05-2022 1,049,402 1,062 0.1%
Canadian Imperial Bank of Commerce 2.97% 07-11-2023 3,378,805 3,487 0.3%
Canadian Imperial Bank of Commerce 3.29% 01-15-2024 853,878 885 0.1%
Canadian Imperial Bank of Commerce 3.30% 05-26-2025 1,720,000 1,821 0.2%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 2,200,000 2,241 0.2%
Canadian National Railway Co. 43,855 5,255 0.6%
Canadian National Railway Co. 3.00% 02-08-2029 Callable 2028 1,209,402 1,253 0.1%
Canadian National Railway Co. 3.60% 07-31-2048 Callable 2048 2,022,537 2,163 0.2%
Canadian Natural Resources Ltd. 138,174 5,045 0.5%
Canadian Natural Resources Ltd. 3.55% 06-03-2024 1,260,000 1,310 0.1%
Canadian Pacific Railway Ltd. 18,718 5,545 0.6%
Canadian Pacific Railway Ltd. 3.15% 03-13-2029 Callable 2028 839,402 862 0.1%
Canadian Tire Corp. Ltd. Class A non-voting 2,653 359 0.0%
Capital Power Corp. 4.28% 09-18-2024 Callable 2024 1,870,000 1,941 0.2%
Capital Power Corp. 4.99% 01-23-2026 Callable 2025 710,000 757 0.1%
CareCentrix Inc. Term Loan 1st Lien F/R 03-22-2025 954,983 1,289 0.1%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 03-31-2024 840,384 1,116 0.1%
CBS Corp. 4.20% 06-01-2029 Callable 2029 1,435,671 1,991 0.2%
CCL Industries Inc. 3.86% 04-13-2028 Callable 2028 988,805 1,045 0.1%
CCL Industries Inc. Class B non-voting 23,941 1,474 0.1%
CCO Holdings LLC 4.00% 03-01-2023 Callable 2019 144A 34,476 46 0.0%
CCO Holdings LLC 5.88% 04-01-2024 Callable 2019 144A 47,012 66 0.0%
CCS-CMGC Holdings Inc. Term Loan 1st Lien F/R 09-25-2025 260,688 345 0.0%
Celestica Inc. Term Loan B 1st Lien F/R 06-27-2025 12,505 17 0.0%
Centennial Resource Production LLC 5.38% 01-15-2026 Callable 2021 144A 75,220 98 0.0%
Centennial Resource Production LLC 6.88% 04-01-2027 Callable 2022 144A 50,147 68 0.0%
Central 1 Credit Union F/R 02-05-2021 630,000 629 0.1%
CEVA Logistics Finance BV Term Loan B 1st Lien F/R 08-03-2025 410,147 536 0.0%
Charter Communications Operating LLC 4.50% 02-01-2024 Callable 2024 1,032,537 1,459 0.1%
Charter Communications Operating LLC 5.05% 03-30-2029 Callable 2028 1,302,537 1,876 0.2%
Charter Communications Operating LLC Term Loan B 1st Lien F/R 04-15-2025 21,884 30 0.0%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 1,443,134 1,498 0.1%
Chartwell Retirement Residences 4.21% 04-28-2025 Callable 2025 619,402 656 0.1%
Choice Properties Real Estate Investment Trust 54,000 728 0.1%
Choice Properties Real Estate Investment Trust 3.54% 06-11-2029 Callable 2029 1,312,537 1,318 0.1%
Choice Properties Real Estate Investment Trust 4.06% 11-24-2025 Callable 2,280,000 2,416 0.2%
Choice Properties Real Estate Investment Trust 4.18% 03-08-2028 Callable 2027 1,944,476 2,071 0.2%
Cisco Systems Inc. 22,600 1,589 0.1%
Citadel LLC Term Loan B 1st Lien F/R 02-22-2026 1,181,037 1,600 0.1%
Civitas Solutions Inc. Term Loan 1st Lien F/R 02-05-2026 21,939 30 0.0%
CME Group Inc. 11,200 2,908 0.3%
Coca-Cola Femsa SAB de CV 3.88% 11-26-2023 250,733 353 0.0%
Coeur Mining Inc. 5.88% 06-01-2024 Callable 2020 112,830 134 0.0%
Colliers International Group Inc. 433 36 0.0%
Comber Wind Financial Corp. 5.13% 11-15-2030 3,179,665 3,520 0.3%
Commonwealth of Bahamas 5.75% 01-16-2024 432,099 616 0.1%
Commonwealth of Bahamas 6.00% 11-21-2028 Callable 2028 113,000 163 0.0%
Commonwealth of Bahamas 6.95% 11-20-2029 104,744 157 0.0%
CommScope Inc. Term Loan B2 1st Lien F/R 02-07-2026 340,744 460 0.0%
CommScope Technologies Finance LLC 8.25% 03-01-2027 Callable 2022 144A 292,976 393 0.0%
CommScope Technologies LLC 5.00% 03-15-2027 Callable 2022 144A 201,488 232 0.0%
Compagnie Financière Richemont SA 14,200 1,413 0.1%
Concrete Pumping Merger Sub Inc. Term Loan 1st Lien F/R 11-14-2025 458,357 606 0.1%
Constellation Brands Inc. Class A 7,900 1,884 0.2%
Constellium NV 4.25% 02-15-2026 Callable 2020 56,415 87 0.0%
Constellium NV 5.88% 02-15-2026 Callable 2020 144A 285,208 384 0.0%
Conterra Ultra Broadband Holdings Inc. Term Loan B 1st Lien F/R 04-26-2026 303,281 411 0.0%
Cordelio Amalco GP I 4.09% 06-30-2034 829,402 881 0.1%
Cordelio Amalco GP I 4.09% 09-30-2034 805,162 854 0.1%
Credit Acceptance Corp. 6.63% 03-15-2026 Callable 2022 59,549 84 0.0%
Crombie Real Estate Investment Trust 4.80% 01-31-2025 Callable 2024 496,268 526 0.0%
Crosslinx Transit Solutions General Partnership 4.65% 09-30-2046 2,230,000 2,420 0.2%
Crown Subsea Communications Holding Inc. Term Loan 1st Lien F/R 11-02-2025 535,900 720 0.1%
CSC Holdings LLC 6.50% 02-01-2029 Callable 2024 144A 97,159 140 0.0%
CU Inc. 3.76% 11-19-2046 Callable 2046 1,130,000 1,227 0.1%
CU Inc. 3.95% 11-23-2048 Callable 2048 1,232,537 1,388 0.1%
CU Inc. 3.96% 07-27-2045 Callable 490,000 549 0.0%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 53,281 74 0.0%
DaVita Healthcare Partners Inc. 5.00% 05-01-2025 Callable 2020 194,318 249 0.0%
Dawn Acquisition LLC Term Loan 1st Lien F/R 10-25-2025 455,274 595 0.1%
Dentsply Sirona Inc. 41,500 3,021 0.3%
Deutsche Boerse AG 20,700 3,868 0.3%
DHX Media Ltd. 5.88% 09-30-2024 Conv. 179,901 135 0.0%
Diageo PLC 28,900 1,641 0.1%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 220,000 305 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 440,000 631 0.1%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 440,000 642 0.1%
DISH DBS Corp. 5.88% 11-15-2024 159,842 194 0.0%
DMT Solutions Global Corp. Term Loan 1st Lien F/R 06-25-2024 15,083 20 0.0%
Drax Group PLC 6.63% 11-01-2025 Callable 2021 144A 225,659 310 0.0%
Drive Chassis Holdco LLC. Term Loan 2nd Lien F/R 04-12-2026 34,476 45 0.0%
Eagle Credit Card Trust 2.63% 10-17-2022 620,000 630 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 648,675 868 0.1%
Eastern Power LLC Term Loan B 1st Lien F/R 10-02-2023 208,401 282 0.0%
eG Global Finance PLC 6.75% 02-07-2025 Callable 2021 144A 238,196 321 0.0%
Electrical Components International Inc. Term Loan 1st Lien F/R 06-22-2025 469,731 606 0.1%
Electrical Components International Inc. Term Loan 2nd Lien F/R 06-22-2026 9,402 12 0.0%
Emera Inc. 57,165 2,975 0.3%
Emera Inc. 2.90% 06-16-2023 15,671 16 0.0%
Enbridge Gas Distribution Inc. 3.51% 11-29-2047 Callable 2047 1,720,000 1,785 0.2%
Enbridge Inc. 129,453 6,442 0.7%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 1,160,000 1,181 0.1%
Enbridge Inc. 4.57% 03-11-2044 5,920,000 6,286 0.7%
Enbridge Inc. 5.37% 09-27-2077 Callable 2027 7,318,613 7,221 0.7%
Enbridge Inc. F/R 04-12-2078 Callable 2028 2,673,574 2,852 0.3%
ENC Holding Corp. Term Loan 1st Lien F/R 05-30-2025 158,869 213 0.0%
EnCana Corp. 203,700 1,452 0.1%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 1,820,000 1,849 0.2%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 1,370,000 1,414 0.1%
Ensono LP Term Loan 1st Lien F/R 04-30-2025 337,450 456 0.0%
Enterprise Merger Sub Inc. Term Loan 1st Lien F/R 09-28-2025 273,790 338 0.0%
EnTrans International LLC Term Loan 1st Lien F/R 10-29-2025 389,568 521 0.0%
EPCOR Utilities Inc. 3.55% 11-27-2047 Callable 2047 1,311,939 1,386 0.1%
EPR Properties 4.95% 04-15-2028 Callable 2028 895,073 1,292 0.1%
Equifax Inc. 15,400 2,516 0.2%
Eurofins Scientific 2,600 1,599 0.1%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 230,622 249 0.0%
Exela Intermediate LLC Term Loan B 1st Lien F/R 07-12-2023 35,726 41 0.0%
FAGE International SA / FAGE USA Dairy Industry Inc. 5.63% 08-15-2026 Callable 2021 144A 493,630 558 0.0%
Fairfax Financial Holdings Ltd. 4.25% 12-06-2027 Callable 2027 520,000 534 0.0%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 1,241,184 1,315 0.1%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 1,900,000 3,093 0.3%
Fédération des Caisses Desjardins du Québec 2.09% 01-17-2022 2,160,293 2,164 0.2%
Fédération des Caisses Desjardins du Québec 3.06% 09-11-2023 3,165,817 3,284 0.3%
First Capital Realty Inc. Instalment Receipts 46,100 482 0.0%
First Eagle Holdings Inc. Term Loan B 1st Lien F/R 12-01-2024 56,274 76 0.0%
First Quantum Minerals Ltd. 7.25% 04-01-2023 Callable 2019 144A 188,050 234 0.0%
Forming Machining Industries Holdings LLC Term Loan 1st Lien F/R 10-03-2025 288,472 365 0.0%
Fortified Trust 2.56% 03-23-2024 1,212,537 1,233 0.1%
Fortis Inc. 57,983 2,960 0.3%
FortisAlberta Inc. 3.67% 09-09-2047 Callable 2047 380,000 407 0.0%
FortisAlberta Inc. 3.74% 09-18-2048 Callable 2048 340,000 369 0.0%
Fortress Transportation and Infrastructure Investors LLC 6.50% 10-01-2025 Callable 2021 144A 497,452 684 0.1%
Fortress Transportation and Infrastructure Investors LLC 6.75% 03-15-2022 Callable 2020 144A 222,525 307 0.0%
Foundation Building Materials LLC Term Loan B 1st Lien F/R 05-11-2025 199,500 267 0.0%
Fresenius US Finance II Inc. 4.25% 02-01-2021 144A 250,733 346 0.0%
Frontera Generation Holdings LLC Term Loan B 1st Lien F/R 04-25-2025 387,813 521 0.0%
Fusion Connect Inc. Term Loan 1st Lien F/R 06-03/2019 2,770 4 0.0%
Fusion Connect Inc. Term Loan B 1st Lien F/R 05-03-2023 104,610 98 0.0%
Futures Contracts -877 -0.1%
FXI Holdings Inc. 7.88% 11-01-2024 Callable 2020 144A 84,622 104 0.0%
Gateway Casinos & Entertainment Ltd. Term Loan B 1st Lien F/R 03-13-2025 103,262 140 0.0%
George Weston Ltd. 40,830 4,123 0.4%
GFL Environmental Inc. 5.38% 03-01-2023 Callable 2020 144A 169,903 225 0.0%
GFL Environmental Inc. 5.63% 05-01-2022 Callable 2019 144A 88,817 120 0.0%
GFL Environmental Inc. 7.00% 06-01-2026 Callable 2021 144A 242,976 317 0.0%
GFL Environmental Inc. 8.50% 05-01-2027 Callable 2022 144A 94,025 130 0.0%
GFL Environmental Inc. Term Loan B 1st Lien F/R 05-31-2025 317,321 421 0.0%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 615,136 643 0.1%
GLOBALFOUNDRIES Inc. Term Loan B 1st Lien F/R 05/24/2026 1,121,184 1,508 0.1%
Golden Entertainment Inc. 7.63% 04-15-2026 Callable 2022 144A 53,281 72 0.0%
Government of Aruba 6.50% 01-31-2029 266,403 403 0.0%
Government of Bermuda 3.72% 01-25-2027 Callable 2026 2,515,000 3,421 0.3%
Government of Bermuda 4.13% 01-03-2023 980,000 1,370 0.1%
Government of Bermuda 4.85% 02-06-2024 460,000 668 0.1%
Government of Canada 1.00% 06-01-2027 1,373,134 1,327 0.1%
Government of Canada 1.00% 09-01-2022 323,134 319 0.0%
Government of Canada 1.25% 12-01-2047 Real Return 14,630,000 19,835 1.9%
Government of Canada 1.50% 06-01-2026 260,000 261 0.0%
Government of Canada 1.50% 09-01-2024 25,472,537 25,640 2.4%
Government of Canada 1.75% 05-01-2021 10,330,147 10,393 1.0%
Government of Canada 2.00% 09-01-2023 972,537 998 0.1%
Government of Canada 2.25% 06-01-2029 29,210,000 31,274 2.9%
Government of Canada 2.75% 12-01-2048 33,630,000 41,198 3.8%
Government of Dominican Republic 7.45% 04-30-2044 144,171 220 0.0%
Government of Mexico 7.50% 06-03-2027 4,002,320 268 0.0%
Gray Escrow Inc. 7.00% 05-15-2027 Callable 2022 144A 21,939 31 0.0%
Greater Toronto Airports Authority 2.73% 04-03-2029 Callable 2029 423,134 434 0.0%
Greenhill & Co. Inc. Term Loan B 1st Lien F/R 04-05-2024 34,476 46 0.0%
Grifols Worldwide Operations USA Inc. Term Loan B 1st Lien F/R 01-31-2025 202,173 272 0.0%
Guala Closures SpA F/R 04-15-2024 Callable 2019 238,196 364 0.0%
H&R Real Estate Investment Trust 2.92% 05-06-2022 1,070,000 1,078 0.1%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 2,510,000 2,551 0.2%
H&R Real Estate Investment Trust 3.42% 01-23-2023 Callable 2022 752,537 768 0.1%
Hadrian Merger Sub Inc. 8.50% 05-01-2026 Callable 2021 144A 492,790 635 0.1%
Halo Buyer Inc. Term Loan 1st Lien F/R 06-28-2025 203,546 274 0.0%
Hannover Rueckversicherung SE Reg. 3,100 628 0.1%
HCA Holdings Inc. 5.25% 06-15-2026 Callable 2025 112,830 164 0.0%
HCA Inc. 5.88% 02-01-2029 Callable 2028 84,622 121 0.0%
Heathrow Funding Ltd. 3.25% 05-21-2025 2,559,831 2,648 0.2%
Heathrow Funding Ltd. 3.40% 03-08-2028 1,771,342 1,832 0.2%
Heathrow Funding Ltd. 3.79% 09-04-2030 Callable 2030 1,292,537 1,360 0.1%
Heineken Holding NV A 18,700 2,502 0.2%
Honeywell International Inc. 10,800 2,398 0.2%
Horizon Pharma Financing Inc. 6.63% 05-01-2023 Callable 2020 144A 47,012 65 0.0%
Hornblower Sub LLC Term Loan 1st Lien F/R 04-28-2025 64,972 88 0.0%
HSBC Bank Canada 2.17% 06-29-2022 1,380,000 1,378 0.1%
HSBC Bank Canada 3.25% 09-15-2023 1,410,000 1,463 0.1%
HSBC Holdings PLC 104,000 1,146 0.1%
HSBC Holdings PLC 3.20% 12-05-2023 2,680,000 2,747 0.2%
Husky Energy Inc. 4.45% 12-31-2049 Pfd. Series 1 18,921 237 0.0%
Hydro One Inc. 2.54% 04-05-2024 Callable 2024 969,402 983 0.1%
Hydro One Inc. 3.63% 06-25-2049 Callable 2048 710,000 740 0.1%
Hydro One Inc. 3.72% 11-18-2047 3,730,000 3,941 0.4%
Hydro-Quebec Interest Strip 0% 02-15-2025 2,300,000 2,052 0.2%
IEA Energy Services LLC Term Loan 1st Lien F/R 09-25-2024 574,228 737 0.1%
II-VI Inc. Term Loan B 1st Lien F/R 05-08-2026 679,098 913 0.1%
Ineos US Finance LLC Term Loan B 1st Lien F/R 03-31-2024 225,572 302 0.0%
Innovative Water Care Global Corp. Term Loan 1st Lien F/R 02-27-2026 486,415 625 0.1%
Institutional Shareholder Services Inc. Term Loan 1st Lien F/R 02-26-2026 410,147 546 0.0%
Intact Financial Corp. 7,621 886 0.1%
Intelsat Jackson Holdings SA Term Loan B3 1st Lien F/R 11-27-2023 203,720 272 0.0%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 3,870,000 3,882 0.3%
Inter Pipeline Ltd. 3.17% 03-24-2025 Callable 2024 MTN 2,860,000 2,911 0.3%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 2,090,000 2,152 0.2%
Inter Pipeline Ltd. F/R 03-26-2079 Callable 2029 802,818 827 0.1%
Interior Logic Group Holdings IV LLC Term Loan B 1st Lien F/R 05-21-2025 24,948 33 0.0%
Intermedia Holdings Inc. Term Loan B 1st Lien F/R 07-13-2025 357,908 485 0.0%
International Finance Corp. 3.63% 05-20-2020 2,100,000 1,892 0.2%
International Finance Corp. 7.00% 07-20-2027 6,575,465 419 0.0%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 925,318 1,209 0.1%
IQVIA Holdings Inc. 5.00% 05-15-2027 Callable 2022 144A 115,964 160 0.0%
Iron Mountain Canada Operations ULC 5.38% 09-15-2023 Callable 2019 194,318 198 0.0%
Isagenix International LLC Term Loan 1st Lien F/R 04-26-2025 577,500 622 0.1%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $82.00 Exp. 07-19-2019 4,312 157 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 06-21-2019 1,130 73 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 09-20-2019 938 208 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 11-15-2019 4,407 1,280 0.1%
Ivanhoe Cambridge II Inc. 2.91% 06-27-2023 Callable 2023 706,268 727 0.1%
Jane Street Group LLC. Term Loan B 1st Lien F/R 08-25-2022 497,756 671 0.1%
Janus International Group LLC Term Loan 1st Lien F/R 02-15-2025 271,342 367 0.0%
Japan Exchange Group Inc. 95,200 1,999 0.2%
JBS USA Lux SA 5.88% 07-15-2024 Callable 2019 144A 122,232 170 0.0%
Jefferies Finance LLC 6.88% 04-15-2022 Callable 125,366 172 0.0%
Jefferies Finance LLC Term Loan 1st Lien F/R 05-21-2026 34,476 47 0.0%
Johnson & Johnson 15,000 2,659 0.2%
JP Intermediate B LLC Term Loan 1st Lien F/R 10-19-2025 222,502 272 0.0%
JPMorgan Chase & Co. 21,600 3,093 0.3%
JPMorgan Chase & Co. 3.19% 03-05-2021 2,050,000 2,089 0.2%
Kao Corp. 17,800 1,882 0.2%
Keane Group Holdings LLC Term Loan B 1st Lien F/R 05-18-2025 348,113 463 0.0%
Kestra Advisor Services Holdings A Inc. Term Loan 1st Lien F/R 04-29-2026 56,415 76 0.0%
Kestrel Acquisition LLC Term Loan B 1st Lien F/R 05-02-2025 176,941 234 0.0%
Keyence Corp. 1,700 1,304 0.1%
Keystone Peer Review Organization Holdings Inc. Term Loan 1st Lien F/R 05-01-2024 123,254 163 0.0%
Kinder Morgan Inc. 115,400 3,111 0.3%
Kindred Healthcare Inc. Term Loan B 1st Lien F/R 06-21-2025 37,422 50 0.0%
Koninklijke Philips NV 53,794 2,880 0.3%
Kruger Products LP 6.00% 04-24-2025 Callable 2021 191,708 184 0.0%
Kweichow Moutai Co. Ltd. Class A 8,369 1,458 0.1%
L&W Inc. Term Loan 1st Lien F/R 05-17-2025 99,470 132 0.0%
Lamb Weston Holdings Inc. 4.63% 11-01-2024 Callable 2021 144A 147,305 199 0.0%
Lamb Weston Holdings Inc. 4.88% 11-01-2026 Callable 2021 144A 84,622 115 0.0%
LBM Borrower LLC Term Loan 1st Lien F/R 08-20-2022 1,544,005 2,090 0.2%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2020 144A 188,050 259 0.0%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-18-2022 289,495 391 0.0%
LifeScan Global Corp. Term Loan 1st Lien F/R 06-19-2024 1,006,691 1,320 0.1%
LifeScan Global Corp. Term Loan 2nd Lien F/R 06-19-2025 25,073 31 0.0%
Linde PLC 5,500 1,342 0.1%
Lions Gate Capital Holdings LLC 6.38% 02-01-2024 Callable 2021 144A 31,342 44 0.0%
Loblaw Companies Ltd. 34,459 2,390 0.2%
Lockheed Martin Corp. 5,500 2,516 0.2%
Logibec Groupe Informatique Ltd. Term Loan 1st Lien F/R 01-15-2020 70,006 66 0.0%
London Stock Exchange Group PLC 19,800 1,787 0.2%
Mackenzie Global Tactical Bond Fund Series R 816,435 7,579 0.8%
Mackenzie International Dividend Fund Series R 181,836 2,162 0.2%
Mackenzie Unconstrained Fixed Income Fund Series R 653,180 6,473 0.7%
Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) 143,739 14,383 1.4%
Magna International Inc. 23,206 1,343 0.1%
Manulife Bank of Canada 2.08% 05-26-2022 2,220,000 2,216 0.2%
Manulife Bank of Canada 2.84% 01-12-2023 1,331,939 1,362 0.1%
Manulife Financial Corp. 375,112 8,508 0.9%
Manulife Financial Corp. F/R 05-09-2028 Callable 2023 752,537 774 0.1%
Manulife Financial Corp. F/R 08-20-2029 Callable 2024 2,590,000 2,639 0.2%
Manulife Financial Corp. Pfd. Series 13 4,012 75 0.0%
Marriott Ownership Resorts Inc. 6.50% 09-15-2026 Callable 2021 144A 109,696 154 0.0%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 189,677 194 0.0%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 144A 110,000 152 0.0%
Matterhorn Merger Sub LLC 8.50% 06-01-2026 Callable 2021 144A 303,389 365 0.0%
McDermott Technology Americas Inc. Term Loan B 1st Lien F/R 04-05-2025 98,402 129 0.0%
McDonald's Corp. 6,260 1,677 0.1%
McDonald's Corp. 3.13% 03-04-2025 Callable 2025 2,560,000 2,641 0.2%
MEG Energy Corp. 6.38% 01-30-2023 Callable 144A 348,354 418 0.0%
MEG Energy Corp. 7.00% 03-31-2024 Callable 2019 144A 449,666 546 0.0%
Mercer International Inc. 7.38% 01-15-2025 Callable 2021 144A 87,756 125 0.0%
Meredith Corp. 6.88% 02-01-2026 Callable 2021 172,379 241 0.0%
Meredith Corp. Term Loan B 1st Lien F/R 01-31-2025 109,075 147 0.0%
Methanex Corp. 17,332 975 0.1%
Micro Focus International PLC 70,189 2,298 0.2%
Microsoft Corp. 26,000 4,346 0.4%
Millar Western Forest Products Ltd. 9.50% 06-20-2023 Callable 2020 90,891 93 0.0%
Minotaur Acquisition Inc. Term Loan 1st Lien F/R 02-27-2026 532,683 719 0.1%
Moody's Corp. 9,600 2,373 0.2%
Morgan Stanley 3.00% 02-07-2024 3,216,257 3,265 0.3%
Mowi ASA 41,400 1,298 0.1%
Multi-Color Corp. Bridge Loan Exp. 02-25-2020 2,530,000 0.0%
Murata Manufacturing Co. Ltd. 15,100 886 0.1%
Natel Engineering Co. Inc. Term Loan B 1st Lien F/R 04-29-2026 293,281 396 0.0%
National Bank of Canada 1.96% 06-30-2022 8,810,000 8,781 0.9%
National Bank of Canada 2.98% 03-04-2024 793,134 813 0.1%
NAV Canada 3.21% 09-29-2050 Callable 2050 100,000 106 0.0%
NAV Canada 3.29% 03-30-2048 Callable 2047 980,000 1,053 0.1%
Neenah Foundry Co. Term Loan B 1st Lien F/R 12-08-2022 101,572 136 0.0%
Nestlé SA Reg. 33,800 4,541 0.4%
Netflix Inc. 3.88% 11-15-2029 209,989 327 0.0%
New Oriental Education & Technology Group Inc. ADR 10,200 1,181 0.1%
New Red Finance Inc. 5.00% 10-15-2025 Callable 2020 144A 284,038 380 0.0%
Newell Brands Inc. 4.20% 04-01-2026 Callable 2026 402,086 529 0.0%
Nexstar Media Group Inc. Bridge Loan Exp. 11-30-2019 2,360,000 0.0%
Nike Inc. Class B 9,404 980 0.1%
Nine Energy Service Inc. 8.75% 11-01-2023 Callable 2020 144A 137,903 187 0.0%
Nokia OYJ 213,900 1,447 0.1%
Nokia OYJ 3.38% 06-12-2022 56,415 76 0.0%
NORDAM Group Inc. Term Loan B-Exit 1st Lien F/R 04-04-2026 34,476 47 0.0%
North Battleford Power LP 4.96% 12-31-2032 1,399,580 1,582 0.1%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 2,320,000 2,325 0.2%
North West Redwater Partnership 3.65% 06-01-2035 Callable 2034 1,170,000 1,218 0.1%
Northern Trust Corp. 11,500 1,329 0.1%
Northland Power Inc. 31,041 775 0.1%
Nouvelle Autoroute 30 Financement Inc. 4.11% 03-31-2042 989,775 1,086 0.1%
Nova Scotia Power Inc. 3.57% 04-05-2049 Callable 2048 606,268 621 0.1%
Novo Nordisk AS B 38,800 2,469 0.2%
NRG Yield Operating LLC 5.38% 08-15-2024 Callable 137,903 185 0.0%
Nufarm Australia Ltd. 5.75% 04-30-2026 Callable 2021 144A 238,196 303 0.0%
Numericable-SFR 7.38% 05-01-2026 Callable 2021 144A 144,171 191 0.0%
Nutrien Ltd. 69,233 4,564 0.5%
NuVista Energy Ltd. 6.50% 03-02-2023 Callable 2020 112,830 111 0.0%
NVA Holdings Inc. 6.88% 04-01-2026 Callable 2021 47,012 62 0.0%
Oaktree Capital Group LLC 32,991 2,155 0.2%
Occidental Petroleum Corp. 24,300 1,634 0.1%
OCI Beaumont LLC Term Loan B 1st Lien F/R 02-16-2025 287,245 388 0.0%
OCI NV 6.63% 04-15-2023 Callable 2020 144A 219,391 305 0.0%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 154,978 211 0.0%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 750,000 1,046 0.1%
OMERS Finance Trust 2.60% 05-14-2029 1,405,671 1,434 0.1%
OMERS Realty Corp. 3.24% 10-04-2027 Callable 2027 4,120,000 4,351 0.4%
OMERS Realty Corp. 3.63% 06-05-2030 Callable 2030 1,730,000 1,883 0.2%
Ontario Hydro 0% 05-26-2025 2,060,000 1,813 0.2%
Ontario Power Generation Inc. 3.32% 10-04-2027 Callable 2027 1,520,000 1,583 0.1%
Ontario Power Generation Inc. 3.84% 06-22-2048 Callable 2047 930,000 970 0.1%
Ontario Power Generation Inc. 4.25% 01-18-2049 Callable 2048 556,268 622 0.1%
OPB Finance Trust 2.98% 01-25-2027 1,710,000 1,790 0.2%
Open Text Corp. 54,800 2,945 0.3%
Oracle Corp. 25,700 1,757 0.2%
Ortho-Clinical Diagnostics Inc. Term Loan B 1st Lien F/R 06-01-2025 199,646 261 0.0%
Osteon Merger Sub Inc. Term Loan B 1st Lien F/R 02-06-2025 177,452 240 0.0%
Otsuka Corp. 18,000 946 0.1%
Owens & Minor Inc. Term Loan B 1st Lien F/R 05-01-2025 198,500 228 0.0%
Panther BF Aggregator 2 LP 4.38% 05-15-2026 Callable 2022 31,342 47 0.0%
Panther BF Aggregator 2 LP 6.25% 05-15-2026 144A 119,098 164 0.0%
Panther BF Aggregator 2 LP 8.50% 05-15-2027 Callable 2022 144A 94,025 127 0.0%
Panther BF Aggregator 2 LP Term Loan B 1st Lien F/R 03-18-2026 451,488 607 0.1%
Par Pharmaceutical Inc. 7.50% 04-01-2027 Callable 2022 144A 50,147 65 0.0%
Park Aerospace Holdings Ltd. 5.25% 08-15-2022 144A 84,476 119 0.0%
Parkland Fuel Corp. 49,849 2,069 0.2%
Parkland Fuel Corp. 6.00% 04-01-2026 Callable 2021 144A 377,221 520 0.0%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 369,831 378 0.0%
Pembina Pipeline Corp. 40,223 1,940 0.2%
Pembina Pipeline Corp. 3.54% 02-03-2025 Callable 830,000 863 0.1%
Pembina Pipeline Corp. 3.62% 04-03-2029 Callable 2029 759,402 779 0.1%
Pembina Pipeline Corp. 4.02% 03-27-2028 Callable 2027 1,300,000 1,382 0.1%
Penske Automotive Group Inc. 3.75% 08-15-2020 115,964 157 0.0%
Pernod Ricard SA* 5,700 1,358 0.1%
Petroleos De Venezuela SA 6.00% 05-16-2024 866,561 294 0.0%
Philip Morris International Inc. 28,500 2,971 0.3%
Pisces Midco Inc. 8.00% 04-15-2026 Callable 2021 144A 219,696 269 0.0%
PLH Group Inc. Term Loan 1st Lien F/R 08-06-2023 245,800 329 0.0%
Polymer Process Holdings Inc. Term Loan 1st Lien F/R 04-29-2026 451,488 601 0.1%
Power Financial Corp.* 30,000 895 0.1%
Prairie ECI Acquiror LP Term Loan 1st Lien F/R 03-07-2026 121,939 166 0.0%
PrairieSky Royalty Ltd. 42,500 758 0.1%
Premier Dental Services Inc. Term Loan B 1st Lien F/R 06-30-2023 47,438 63 0.0%
Premier Foods Finance PLC 6.25% 10-15-2023 Callable 2020 203,720 360 0.0%
Project Leopard Holdings Inc. Term Loan 1st Lien F/R 07-07-2023 508,275 685 0.1%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 02-15-2024 944,567 1,207 0.1%
Province of Newfoundland 3.00% 06-02-2026 1,280,000 1,344 0.1%
Province of Newfoundland 3.70% 10-17-2048 5,760,000 6,625 0.7%
Province of Ontario 2.65% 02-05-2025 2,330,000 2,422 0.2%
Province of Ontario 2.70% 06-02-2029 9,860,000 10,255 1.0%
Province of Ontario 2.90% 06-02-2028 21,920,000 23,151 2.2%
Province of Ontario 2.90% 06-02-2049 38,760,000 40,994 3.7%
Province of Ontario 3.50% 06-02-2024 530,000 571 0.1%
Province of Ontario 4.60% 06-02-2039 2,930,000 3,840 0.3%
Province of Quebec 0% 04-01-2026 Generic Strip 2,720,000 2,348 0.2%
Province Of Quebec 2.75% 09-01-2028 4,720,000 4,948 0.5%
Province of Quebec 3.50% 12-01-2048 18,050,000 21,432 2.0%
Province of Saskatchewan 3.30% 06-02-2048 1,830,000 2,066 0.2%
PS HoldCo LLC Term Loan 1st Lien F/R 03-02-2025 218,900 295 0.0%
PSC Industrial Outsourcing LP Term Loan B 1st Lien F/R 10-05-2024 632,000 853 0.1%
Puma International Financing SA 5.00% 01-24-2026 Callable 2021 407,441 477 0.0%
Pure Multi-Family REIT LP 132,647 1,210 0.1%
Quad/Graphics Inc. 7.00% 05-01-2022 94,025 130 0.0%
Quad/Graphics Inc. Term Loan B 1st Lien F/R 06-30-2026 490,000 665 0.1%
Quebecor Media Inc. 6.63% 01-15-2023 144A 67,698 73 0.0%
R.R. Donnelley & Sons Co. Term Loan B 1st Lien F/R 01-04-2024 192,457 260 0.0%
R1 RCM Inc. Term Loan B 1st Lien F/R 05-02-2025 337,450 456 0.0%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 827,305 976 0.1%
Rayonier AM Products Inc. 5.50% 06-01-2024 Callable 2019 144A 28,207 31 0.0%
Reliance Intermediate Holdings LP 6.50% 04-01-2023 Callable 2020 144A 241,556 337 0.0%
Republic of Argentina 5.88% 01-11-2028 283,641 266 0.0%
Republic of Argentina 6.88% 01-11-2048 53,281 48 0.0%
Research Now Group Inc. Term Loan 1st Lien F/R 12-20-2024 156,048 210 0.0%
Resolute Forest Products Inc. 5.88% 05-15-2023 18,805 26 0.0%
Restaurant Brands International Inc. 19,630 1,746 0.2%
Reynolds Group Issuer Inc./Reynolds Group Issuer LLC/Reynolds Group Issue Lu 5.125% 07-15-2023 125,366 170 0.0%
RioCan Real Estate Investment Trust 64,458 1,681 0.1%
Rite Aid Corp. 6.13% 04-01-2023 Callable 2020 144A 40,744 46 0.0%
Rite Aid Corp. 7.70% 02-15-2027 319,684 258 0.0%
Roche Holding AG Genusscheine 8,000 2,841 0.3%
Rogers Communications Inc. 3.25% 05-01-2029 Callable 2029 1,009,402 1,024 0.1%
Royal Bank of Canada 126,118 12,811 1.2%
Royal Bank of Canada 2.36% 12-05-2022 21,939 22 0.0%
Royal Bank of Canada 2.95% 05-01-2023 7,450,000 7,683 0.8%
Royal Bank of Canada 3.30% 09-26-2023 1,486,268 1,542 0.1%
Russel Metals Inc. 6.00% 03-16-2026 Callable 2021 115,964 119 0.0%
Russian Federal Loan Bond - OFZ 7.05% 01-19-2028 25,700,111 510 0.0%
Sabre Corp. 45,591 1,249 0.1%
Sabre Industries Inc. Term Loan B 1st Lien F/R 04-09-2026 25,073 34 0.0%
Safran SA 20,500 3,643 0.3%
Sands China Ltd. 276,200 1,690 0.2%
SAP AG 15,600 2,601 0.2%
Savage Enterprises LLC Term Loan B 1st Lien F/R 07-02-2025 406,083 552 0.0%
Schlumberger Ltd. 17,700 830 0.1%
Scientific Games International Inc. 3.38% 02-15-2026 Callable 2021 211,556 314 0.0%
Scientific Games International Inc. 6.63% 05-15-2021 Callable 2019 94,025 129 0.0%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 1,924,386 1,923 0.2%
Shaw Communications Inc. 4.40% 11-02-2028 Callable 2028 2,155,073 2,348 0.2%
Shaw Communications Inc. Class B non-voting 335,851 9,219 0.9%
Shaw Communications Inc. Pfd Series A 8,948 123 0.0%
Sigma Bidco BV Term Loan B 1st Lien F/R 03-07-2025 187,012 276 0.0%
Sika AG 13,100 2,633 0.2%
SIRVA Worldwide Inc. Term Loan 1st Lien F/R 07-31-2025 406,530 543 0.0%
SIWF Holdings Inc. Term Loan 1st Lien F/R 05-25-2025 238,200 311 0.0%
SoftBank Group Corp. 5.38% 07-30-2022 Callable 2022 31,342 44 0.0%
SoftBank Group Corp. 6.13% 04-20-2025 Callable 2025 103,427 148 0.0%
Sony Corp. 25,100 1,645 0.1%
Sorenson Communications LLC Term Loan 1st Lien F/R 03-14-2024 43,878 59 0.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2019 144A 614,295 585 0.1%
Source Energy Services Ltd. 5,383 5 0.0%
Spirit AeroSystems Inc. 3.95% 06-15-2023 Callable 2023 662,537 922 0.1%
Sprint Corp. 7.13% 06-15-2024 50,147 71 0.0%
Sprint Corp. 7.88% 09-15-2023 53,281 77 0.0%
Sprint Spectrum Co. LLC 4.74% 03-20-2025 144A 750,000 1,038 0.1%
Spy Hill Power LP 4.14% 03-31-2036 1,114,850 1,200 0.1%
SRS Distribution Inc. Term Loan B 1st Lien F/R 05-17-2025 123,589 161 0.0%
SS&C Technologies Inc. Term Loan B5 1st Lien F/R 04-16-2025 260,014 350 0.0%
St. Joseph Energy Center LLC Term Loan 1st Lien F/R 04-06-2025 193,039 262 0.0%
Starbucks Corp. 25,800 2,652 0.2%
Starfruit US Holdco LLC 8.00% 10-01-2026 Callable 2021 144A 171,342 228 0.0%
Stars Group Holdings BV Term Loan B 1st Lien F/R 07-10-2025 248,442 336 0.0%
Stonegate Pub Company Financing PLC 4.88% 03-15-2022 Callable 2019 250,733 435 0.0%
Sun Life Financial Inc. 66,900 3,510 0.3%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 2,410,000 2,447 0.2%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 3,210,000 3,288 0.3%
Sun Life Financial Inc. F/R 11-23-2027 Callable 2022 1,141,939 1,157 0.1%
Suncor Energy Inc. 157,024 6,540 0.7%
Suncor Energy Inc. 3.10% 05-24-2029 Callable 2029 989,402 1,005 0.1%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 517,136 511 0.0%
Superior Plus LP 7.00% 07-15-2026 Callable 2021 144A 614,464 846 0.1%
Suzuki Motor Corp. 18,300 1,177 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.63% 04-28-2026 Callable 2026 144A 2,644,464 3,618 0.3%
Syniverse Holdings Inc. Term Loan 1st Lien F/R 02-09-2023 247,500 312 0.0%
Sysco Canada Inc. 3.65% 04-25-2025 Callable 2025 1,202,537 1,262 0.1%
Taiwan Semiconductor Manufacturing Co. Ltd. 134,700 1,359 0.1%
TAMKO Building Products Inc. Term Loan B 1st Lien F/R 05-03-2026 53,281 72 0.0%
TC Energy Corp. 126,549 8,338 0.8%
TC Energy Corp. Pfd. Series 15 37,277 917 0.1%
Telenet Finance Luxembourg Notes Sarl 5.50% 03-01-2028 Callable 2022 144A 62,683 84 0.0%
Telenet Financing USD LLC Term Loan AN 1st Lien F/R 08-15-2026 203,720 272 0.0%
TELUS Corp. 140,919 7,035 0.7%
TELUS Corp. 3.30% 05-02-2029 Callable 2029 586,268 594 0.1%
TELUS Corp. 3.35% 04-01-2024 Callable 1,430,000 1,484 0.1%
TELUS Corp. 4.70% 03-06-2048 Callable 2047 620,000 678 0.1%
Tencent Holdings Ltd. 33,000 1,855 0.2%
Tenet Healthcare Corp. 6.25% 02-01-2027 Callable 2022 144A 106,561 147 0.0%
Tenet Healthcare Corp. 6.75% 06-15-2023 197,452 266 0.0%
TerraForm Power Operating LLC 5.00% 01-31-2028 Callable 2027 144A 445,172 579 0.1%
Teva Pharmaceutical Industries Ltd. 2.20% 07-21-2021 336,949 420 0.0%
Teva Pharmaceutical Industries Ltd. 2.80% 07-21-2023 100,293 113 0.0%
Texas Instruments Inc. 10,700 1,508 0.1%
The Bank of Nova Scotia 211,017 14,467 1.4%
The Bank of Nova Scotia 2.29% 06-28-2024 4,000,000 4,022 0.4%
The Bank of Nova Scotia 2.36% 11-08-2022 2,620,000 2,642 0.2%
The Bank of Nova Scotia 6.45% 01-01-2025 5,676,820 6,678 0.7%
The GEO Group Inc. 5.88% 01-15-2022 Callable 2020 47,012 63 0.0%
The Goldman Sachs Group Inc. 2.43% 04-26-2023 Callable 3,170,000 3,156 0.3%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 6,460,000 5,882 0.6%
The KeyW Holding Corp. Term Loan 1st Lien F/R 05-04-2024 297,674 404 0.0%
The Manufacturers Life Insurance Co. 2.39% 01-05-2026 Callable 2021 2,700,000 2,706 0.2%
The Sherwin-Williams Co. 5,000 2,834 0.3%
The Toronto-Dominion Bank 213,708 15,793 1.5%
The Toronto-Dominion Bank 1.91% 07-18-2023 DPNT 216,257 215 0.0%
The Toronto-Dominion Bank 2.05% 12-01-2022 1,047,873 1,050 0.1%
The Toronto-Dominion Bank 2.50% 12-02-2024 1,971,939 1,976 0.2%
The Toronto-Dominion Bank 2.85% 03-08-2024 1,745,671 1,782 0.2%
The Toronto-Dominion Bank 3.01% 05-30-2023 1,170,000 1,210 0.1%
The Toronto-Dominion Bank 5.38% 07-01-2028 1,606,238 1,850 0.2%
The Toronto-Dominion Bank 6.13% 12-01-2024 2,955,971 3,440 0.3%
Thor Industries Inc. Term Loan B 1st Lien F/R 11-01-2025 627,079 828 0.1%
Titan Acquisition Ltd. 7.75% 04-15-2026 Callable 2021 144A 166,110 201 0.0%
TMX Group Ltd. 2.30% 12-11-2024 Callable 2024 1,692,537 1,736 0.2%
TMX Group Ltd. 3.78% 06-05-2028 Callable 2028 643,134 686 0.1%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 1,010,000 1,093 0.1%
TransAlta Corp. Pfd. Series A 78,649 964 0.1%
TransCanada Pipelines Ltd. 3.39% 03-15-2028 Callable 2027 1,146,268 1,192 0.1%
TransCanada PipeLines Ltd. 3.69% 07-19-2023 270,000 283 0.0%
TransCanada Trust F/R 05-18-2077 Callable 2027 1,666,268 1,587 0.1%
Transurban Finance Co. Pty. Ltd. 4.56% 11-14-2028 Callable 2028 2,191,939 2,403 0.2%
Travelport Finance Luxembourg Sarl Term Loan 1st Lien F/R 03-18-2026 892,976 1,156 0.1%
Trico Group LLC Term Loan 1st Lien F/R 02-02-2024 136,516 178 0.0%
Trillium Windpower LP 5.80% 02-15-2033 1,110,794 1,302 0.1%
TriMark USA LLC Term Loan 1st Lien F/R 09-15-2024 43,878 50 0.0%
Uber Technologies Inc. 8.00% 11-01-2026 Callable 2021 144A 886,099 1,274 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 1,340,972 1,810 0.2%
Ultra Clean Holdings Inc. Term Loan B 1st Lien F/R 08-27-2025 695,815 910 0.1%
Unilever NV CVA 25,400 2,071 0.2%
Unimin Corp. Term Loan 1st Lien F/R 05-21-2025 466,547 543 0.0%
Union Gas Ltd. 3.59% 11-22-2047 Callable 2047 1,280,000 1,349 0.1%
United States Treasury 2.25% 11-15-2027 310,000 424 0.0%
United States Treasury 2.50% 03-31-2024 1,795,817 2,450 0.2%
United States Treasury 2.63% 02-15-2029 1,120,000 1,580 0.1%
United States Treasury 2.75% 02-15-2028 2,230,000 3,172 0.3%
United States Treasury 2.88% 08-15-2028 1,320,000 1,898 0.2%
United States Treasury 2.88% 09-30-2023 1,690,000 2,375 0.2%
United States Treasury 2.88% 10-31-2023 270,000 380 0.0%
United States Treasury 3.13% 11-15-2028 2,460,000 3,612 0.3%
United Technologies Corp. 17,400 2,970 0.3%
USA Compression Partners LP 6.88% 09-01-2027 Callable 2022 62,683 87 0.0%
Vancouver Airport Authority 3.66% 11-23-2048 Callable 2048 1,152,537 1,308 0.1%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 2,160,000 2,159 0.2%
Ventas Realty LP 4.00% 03-01-2028 Callable 2027 850,000 1,189 0.1%
VeriFone Systems Inc. Term Loan 1st Lien F/R 08-09-2025 293,003 392 0.0%
Vertex Aerospace Services Corp. Term Loan B 1st Lien F/R 06-14-2025 256,134 348 0.0%
Vesta Energy Corp. 8.13% 07-24-2023 Callable 2020 144A 94,025 88 0.0%
ViaSat Inc. 5.63% 04-15-2027 Callable 2022 144A 59,549 82 0.0%
Vidéotron Ltée 5.63% 06-15-2025 Callable 2025 39,177 42 0.0%
Vidéotron Ltée 5.75% 01-15-2026 Callable 2020 94,025 99 0.0%
Visa Inc. Class A 11,900 2,594 0.2%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 464,031 623 0.1%
Vodafone Group PLC 3.75% 01-16-2024 520,000 722 0.1%
VRX Escrow Corp. 6.13% 04-15-2025 Callable 2020 144A 87,756 116 0.0%
VVC Holding Corp. Term Loan B 1st Lien F/R 02-07-2026 757,756 1,025 0.1%
Vyaire Medical Inc. Term Loan B 1st Lien F/R 04-06-2025 458,475 556 0.0%
W/S Packaging Holdings Inc. 9.00% 04-15-2023 Callable 2020 144A 604,611 886 0.1%
Waste Pro USA Inc. 5.50% 02-15-2026 Callable 2021 144A 59,549 80 0.0%
Wells Fargo & Co. 27,400 1,643 0.1%
Wells Fargo & Co. 2.98% 05-19-2026 1,823,000 1,835 0.2%
Wells Fargo & Co. 3.19% 02-08-2024 Callable 2024 3,231,939 3,316 0.3%
Welltower Inc. 4.13% 03-15-2029 Callable 2028 839,402 1,182 0.1%
Welltower Inc. 4.25% 04-15-2028 Callable 2028 672,537 959 0.1%
West Fraser Timber Co. Ltd. 10,742 566 0.1%
Westcoast Energy Inc. 4.79% 10-28-2041 1,850,000 2,132 0.2%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 144A 256,318 360 0.0%
Xplornet Communications Inc. 9.63% 06-01-2022 Callable 2019 144A 139,144 195 0.0%
Yak Access LLC Term Loan B 1st Lien F/R 06-26-2025 745,780 951 0.1%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 176,027 235 0.0%
Ziggo Secured Finance Partnership Term Loan E 1st Lien F/R 04-27-2025 454,453 600 0.1%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 643,500 874 0.1%
Total Investments -- 1,058,250 94.1%
Cash & Equivalents -- 64,334 5.7%
Currency Hedge Contracts -- -1,442 -0.1%
Other Assets (Liabilities) -- 2,829 0.3%
Total Net Assets -- 1,123,971 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of July 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 10.4%
AA 13.2%
A 20.8%
BBB 15.2%
BB 2.1%
B 4.1%
CCC & Below 0.5%
NR 0.4%
Cash & Equivalents 3.5%
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.