Fund Portfolio – Mackenzie Unconstrained Fixed Income Fund Series F MFC4765 | Mackenzie Investments

Mackenzie Unconstrained Fixed Income Fund Series F

Major Holdings (%) Help Top holdings by percentage

As of August 31, 2019
Major holdings represent 32% of the fund.
View all holdings
Total # of
Equity Holdings
14
Total # of
Fixed Income Holdings
456
Holding name, country and sector Percentage of holding in fund
United States Treasury 1.75% 06-30-2024
United States | Foreign Governments
8.9%
Government of Canada 1.50% 09-01-2024
Canada | Federal Government
7.7%
Canada Housing Trust F/R 03-15-2024
Canada | Federal Government
3.7%
United States Treasury 0.75% 07-15-2028 Inflation Indexed
United States | Foreign Governments
1.9%
United States Treasury 0.50% 04-15-2024 Inflation Indexed
United States | Foreign Governments
1.9%
Mackenzie Emerging Markets Local Currency Bond Index ETF
Canada | Exchange Traded Funds
1.7%
Mackenzie Credit Absolute Return Fund Series R
Canada | Mutual Funds
1.7%
Storm King Funding F/R 09-19-2019
Canada | Corporate - Non Convertible
1.6%
United States Treasury 2.38% 05-15-2029
United States | Foreign Governments
1.5%
Government of Canada 2.75% 12-01-2048
Canada | Federal Government
1.4%

Complete Fund Holdings Help Full holdings list

As of June 30, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.14% 03-06-2030 Callable 2029 310,000 326 0.0%
407 International Inc. 3.65% 09-08-2044 Callable MTN 380,000 420 0.0%
407 International Inc. 3.67% 03-08-2049 Callable 2048 450,000 504 0.0%
407 International Inc. 3.72% 05-11-2048 Callable 2047 1,230,000 1,388 0.1%
AAC holdings Inc. Term Loan 1st Lien F/R 06-30-2023 1,907,739 2,248 0.1%
Acproducts Inc. Term Loan 1st Lien F/R 02-14-2024 3,875,625 4,847 0.2%
Adtalem Global Education Inc. Term Loan B 1st Lien F/R 04-09-2025 1,823,809 2,396 0.1%
Advanced Micro Devices Inc. 7.50% 08-15-2022 1,420,000 2,103 0.1%
Aegis Toxicology Sciences Corp. Term Loan B 1st Lien F/R 05-09-2025 724,525 913 0.0%
AerCap Ireland Capital Designated Activity Co. 4.45% 10-01-2025 Callable 2025 2,130,000 2,930 0.1%
AerCap Ireland Capital Designated Activity Co. 4.88% 01-16-2024 Callable 2023 3,500,000 4,917 0.2%
AI Ladder Luxembourg Term Loan B 1st Lien F/R 05-04-2025 1,949,800 2,488 0.1%
Aimco Realty Investors LP 2.712% 06-01-2029 Callable 2029 920,000 929 0.0%
AIMCo Realty Investors LP 3.04% 06-01-2028 Callable 2028 432,000 450 0.0%
AL Midcoast Holdings LLC Term Loan B 1st Lien F/R 06-28-2025 1,121,525 1,474 0.1%
Alcami Carolinas Corp. Term Loan 1st Lien F/R 07-06-2025 2,368,100 3,086 0.1%
Alchemy US Holdco LLC Term Loan B 1st Lien F/R 10-01-2025 2,221,875 2,895 0.1%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 4,680,000 4,958 0.2%
Allegiant Travel Co. Term Loan B 1st Lien F/R 01-29-2024 3,291,750 4,322 0.2%
AltaGas Ltd. Pfd. Series K 147,400 2,988 0.1%
Altice France SA Term Loan B13 1st Lien F/R 01-31-2026 1,924,632 2,473 0.1%
Altice SA 7.75% 05-15-2022 Callable 144A 573,000 764 0.0%
AMC Entertainment Holdings Inc. 5.88% 11-15-2026 Callable 3,480,000 4,112 0.2%
American Teleconferencing Services Ltd. Term Loan 1st Lien F/R 12-08-2021 1,543,947 1,188 0.1%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 1,200,000 1,202 0.1%
Antero Resources Corp. 5.63% 06-01-2023 Callable 2,000,000 2,532 0.1%
APFS Staffing Holdings Inc. Term Loan 1st Lien F/R 04-10-2026 2,230,000 2,893 0.1%
Ardonagh Midco 3 PLC 8.63% 07-15-2023 Callable 2020 2,770,000 3,385 0.2%
Aroundtown SA 4.63% 09-18-2025 Callable 2025 810,000 845 0.0%
Artis Real Estate Investment Trust 3.68% 02-22-2021 440,000 446 0.0%
AT&T Inc. 2.85% 05-25-2024 1,310,000 1,322 0.1%
AT&T Inc. 4.00% 11-25-2025 Callable 2025 1,080,000 1,145 0.1%
AT&T Inc. 4.10% 02-15-2028 Callable 2027 2,130,000 2,957 0.1%
AT&T Inc. 4.35% 03-01-2029 Callable 2028 370,000 522 0.0%
Atlantic Power Corp. 5.95% 06-23-2036 857,000 717 0.0%
Ball Metalpack Finco LLC Term Loan B 1st Lien F/R 07-26-2025 1,851,300 2,400 0.1%
Bank of America Corp. 3.30% 04-24-2024 Callable 2023 730,000 753 0.0%
Bank of America Corp. F/R 04-25-2025 Callable 2024 960,000 977 0.0%
Bank of America Corp. F/R 09-20-2025 Callable 2024 143,000 149 0.0%
Bank of Montreal 2.27% 07-11-2022 204,000 206 0.0%
Bank of Montreal 2.70% 09-11-2024 DPNT 1,951,000 2,011 0.1%
Bank of Montreal 2.85% 03-06-2024 770,000 787 0.0%
Bank of Montreal 2.89% 06-20-2023 1,160,000 1,198 0.1%
Bank of Montreal 3.19% 03-01-2028 1,070,000 1,147 0.1%
Bank of Montreal 3.32% 06-01-2026 2,170,000 2,216 0.1%
Bausch Health Cos Inc. 5.75% 08-15-2027 Callable 2022 144A 1,670,000 2,300 0.1%
Bausch Health Cos Inc. 7.00% 01-15-2028 Callable 2023 144A 1,980,000 2,679 0.1%
Bausch Health Cos Inc. 8.50% 01-31-2027 Callable 2022 144A 1,670,000 2,411 0.1%
Bausch Health Cos Inc. Term Loan B 1st Lien F/R 05-24-2025 1,397,091 1,831 0.1%
Baytex Energy Corp. 5.63% 06-01-2024 Callable 2019 144A 4,660,000 5,836 0.3%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 65,000 68 0.0%
BCPE Cycle Merger Sub II Inc. 10.63% 07-15-2027 Callable 2022 144A 5,560,000 7,406 0.4%
Bell Canada 2.70% 02-27-2024 Callable 11,400,000 11,546 0.7%
Bell Canada 3.80% 08-21-2028 Callable 2028 750,000 802 0.0%
Berry Global Escrow Corp. 4.88% 07-15-2026 Callable 2022 144A 1,520,000 2,043 0.1%
BMC Acquisition Inc. Term Loan 1st Lien F/R 12-15-2024 1,132,997 1,484 0.1%
Boardriders Inc. Term Loan B 1st Lien F/R 03-21-2024 2,897,028 3,702 0.2%
BP Capital Markets PLC 3.47% 05-15-2025 1,940,000 2,050 0.1%
Bright Bidco BV Term Loan B 1st Lien F/R 06-30-2024 2,880,311 2,692 0.1%
Brookfield Asset Management Inc. Pfd. Series 46 20,106 492 0.0%
Brookfield Asset Management Inc. Pfd. Series 48 87,989 2,058 0.1%
Brookfield Infrastructure Finance ULC 4.20% 09-11-2028 Callable 2028 990,000 1,038 0.0%
Brookfield Renewable Partners LP Pfd. Series 11 88,040 1,910 0.1%
Brookfield Renewable Partners LP Pfd. Series 13 131,200 2,805 0.1%
Brookfield Renewable Partners ULC 4.25% 01-15-2029 Callable 2028 930,000 1,000 0.0%
Bulldog Purchaser Inc. Delayed Draw Term Loan 1st Lien F/R 08-31-2025 88,762 115 0.0%
Bulldog Purchaser Inc. Term Loan B 1st Lien F/R 08-31-2025 2,230,032 2,895 0.1%
Burger King Worldwide Inc. Term Loan B 1st Lien F/R 02-16-2024 1,671,450 2,176 0.1%
BWAY Holding Co. 7.25% 04-15-2025 144A 740,000 936 0.0%
C&D Technologies Inc. Term Loan B 1st Lien F/R 12-13-2025 2,457,650 3,053 0.1%
Calceus Acquisition Inc. Term Loan B1 1st Lien F/R 02-08-2025 2,125,312 2,770 0.1%
Calfrac Holdings LP 8.50% 06-15-2026 Callable 2021 144A 1,260,000 1,161 0.1%
California Resources Corp. 8.00% 12-15-2022 Callable 2019 144A 6,320,000 6,248 0.3%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 1,505,179 1,979 0.1%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 6,282,000 8,655 0.4%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 07-01-2024 5,439,548 6,910 0.3%
Canada Goose Inc. Term Loan 1st Lien F/R 12-02-2024 1,521,198 1,982 0.1%
Canada Housing Trust F/R 03-15-2022 79,000,000 79,550 3.9%
Canada Housing Trust F/R 03-15-2024 78,700,000 78,647 3.9%
Canada Housing Trust F/R 09-15-2022 79,000,000 79,528 3.9%
Canada Housing Trust F/R 09-15-2023 81,580,000 81,531 4.0%
Canadian Imperial Bank of Commerce 2.47% 12-05-2022 1,026,000 1,041 0.1%
Canadian Imperial Bank of Commerce 2.97% 07-11-2023 2,840,000 2,940 0.1%
Canadian Imperial Bank of Commerce 3.29% 01-15-2024 1,510,000 1,569 0.1%
Canadian Imperial Bank of Commerce 3.30% 05-26-2025 90,000 96 0.0%
Canadian Imperial Bank of Commerce F/R 06-19-2029 Callable 2024 900,000 904 0.0%
Canadian National Railway Co. 3.00% 02-08-2029 Callable 2028 1,410,000 1,472 0.1%
Canadian National Railway Co. 3.60% 07-31-2048 Callable 2048 720,000 795 0.0%
Canadian Pacific Railway Ltd. 3.15% 03-13-2029 Callable 2028 670,000 691 0.0%
CareCentrix Inc. Term Loan 1st Lien F/R 03-22-2025 5,088,436 6,655 0.3%
Careerbuilder LLC Term Loan 1st Lien F/R 07-31-2023 433,153 566 0.0%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 03-31-2024 3,580,616 4,572 0.2%
CBS Corp. 2.90% 01-15-2027 Callable 2026 2,130,000 2,718 0.1%
CBS Corp. 4.20% 06-01-2029 Callable 2029 1,120,000 1,545 0.1%
CCL Industries Inc. 3.86% 04-13-2028 Callable 2028 680,000 723 0.0%
CCO Holdings LLC 4.00% 03-01-2023 Callable 2019 144A 800,000 1,055 0.1%
CCO Holdings LLC 5.88% 04-01-2024 Callable 2019 144A 1,150,000 1,576 0.1%
CCS-CMGC Holdings Inc. Term Loan 1st Lien F/R 09-25-2025 1,611,900 2,084 0.1%
Celestica Inc. Term Loan B 1st Lien F/R 06-27-2025 825,850 1,059 0.1%
Centennial Resource Production LLC 5.38% 01-15-2026 Callable 2021 144A 930,000 1,152 0.1%
CenturyLink Inc. Term Loan B 1st Lien F/R 01-31-2025 2,310,986 2,962 0.1%
CEVA Logistics Finance BV Term Loan B 1st Lien F/R 08-03-2025 2,920,000 3,378 0.2%
Charter Communications Operating LLC 4.50% 02-01-2024 Callable 2024 2,830,000 3,951 0.2%
Charter Communications Operating LLC 5.05% 03-30-2029 Callable 2028 990,000 1,432 0.1%
Charter Communications Operating LLC Term Loan B 1st Lien F/R 04-15-2025 4,457,374 5,837 0.3%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 438,000 455 0.0%
Chartwell Retirement Residences 4.21% 04-28-2025 Callable 2025 350,000 371 0.0%
Chemtrade Logistics Income Fund 4.75% 05-31-2024 Conv. Callable 2022 2,150,000 1,849 0.1%
Chloe Ox Parent LLC Term Loan 1st Lien F/R 12-19-2024 495,000 648 0.0%
Choice Properties Real Estate Investment Trust 3.54% 06-11-2029 Callable 2029 1,090,000 1,109 0.1%
Choice Properties Real Estate Investment Trust 4.18% 03-08-2028 Callable 2027 1,280,000 1,373 0.1%
Citadel LLC Term Loan B 1st Lien F/R 02-22-2026 8,330,000 10,936 0.5%
Civitas Solutions Inc. Term Loan 1st Lien F/R 02-05-2026 1,227,105 1,616 0.1%
Clarity Telecom LLC Term Loan 1st Lien F/R 06-27-2026 2,170,000 2,842 0.1%
Coeur Mining Inc. 5.88% 06-01-2024 Callable 2020 1,870,000 2,389 0.1%
Comber Wind Financial Corp. 5.13% 11-15-2030 686,380 762 0.0%
Commercial Vehicle Group Inc. Term Loan B 1st Lien F/R 03-30-2023 1,979,910 2,593 0.1%
Commonwealth of Bahamas 5.75% 01-16-2024 3,345,000 4,686 0.2%
Commonwealth of Bahamas 6.00% 11-21-2028 Callable 2028 4,961,000 6,960 0.3%
Commonwealth of Bahamas 6.95% 11-20-2029 220,000 322 0.0%
CommScope Inc. Term Loan B2 1st Lien F/R 02-07-2026 2,350,000 3,073 0.1%
CommScope Technologies Finance LLC 8.25% 03-01-2027 Callable 2022 144A 4,680,000 6,258 0.3%
CommScope Technologies LLC 5.00% 03-15-2027 Callable 2022 144A 2,050,000 2,345 0.1%
Concrete Pumping Merger Sub Inc. Term Loan 1st Lien F/R 11-14-2025 3,037,750 3,918 0.2%
Constellium NV 4.25% 02-15-2026 Callable 2020 800,000 1,233 0.1%
Constellium NV 5.88% 02-15-2026 Callable 2020 144A 3,940,000 5,309 0.3%
Constellium NV 6.63% 03-01-2025 Callable 2020 144A 2,300,000 3,142 0.2%
Conterra Ultra Broadband Holdings Inc. Term Loan B 1st Lien F/R 04-26-2026 2,090,000 2,747 0.1%
Cook & Boardman Group LLC Term Loan 1st Lien F/R 10-12-2025 656,700 856 0.0%
Cordelio Amalco GP I 4.09% 06-30-2034 620,000 659 0.0%
Cordelio Amalco GP I 4.09% 09-30-2034 594,709 631 0.0%
Corel Corp. Term Loan 1st Lien F/R 05-11-2024 1,073,831 1,406 0.1%
Credit Acceptance Corp. 6.63% 03-15-2026 Callable 2022 1,510,000 2,099 0.1%
Crew Energy Inc. 6.50% 03-14-2024 Callable 2,450,000 2,142 0.1%
Crombie Real Estate Investment Trust 4.80% 01-31-2025 Callable 2024 360,000 383 0.0%
Crown Subsea Communications Holding Inc. Term Loan 1st Lien F/R 11-02-2025 3,490,500 4,554 0.2%
CSC Holdings LLC 6.50% 02-01-2029 Callable 2024 144A 2,350,000 3,358 0.2%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 3,560,000 4,879 0.2%
DaVita Healthcare Partners Inc. 5.00% 05-01-2025 Callable 2020 5,272,000 6,836 0.3%
Dawn Acquisition LLC Term Loan 1st Lien F/R 10-25-2025 2,077,231 2,679 0.1%
DHX Media Ltd. 5.88% 09-30-2024 Conv. 2,460,000 1,796 0.1%
Diamond (BC) BV Term Loan 1st Lien F/R 09-06-2024 1,862,934 2,152 0.1%
DISH DBS Corp. 5.88% 11-15-2024 3,960,000 4,897 0.2%
DMT Solutions Global Corp. Term Loan 1st Lien F/R 06-25-2024 808,500 1,024 0.0%
Drax Group PLC 6.63% 11-01-2025 Callable 2021 144A 4,390,000 5,939 0.3%
Drive Chassis Holdco LLC. Term Loan 2nd Lien F/R 04-12-2026 1,310,000 1,653 0.1%
Eagle Credit Card Trust 3.04% 07-17-2023 400,000 413 0.0%
EagleTree-Carbide Acquisition Corp. Term Loan 1st Lien F/R 08-28-2024 5,356,770 6,927 0.3%
Eastern Power LLC Term Loan B 1st Lien F/R 10-02-2023 1,346,881 1,765 0.1%
eG Global Finance PLC 6.75% 02-07-2025 Callable 2021 144A 6,500,000 8,487 0.4%
Electrical Components International Inc. Term Loan 1st Lien F/R 06-22-2025 2,841,300 3,423 0.2%
Electrical Components International Inc. Term Loan 2nd Lien F/R 06-22-2026 520,000 644 0.0%
Emera Inc. 2.90% 06-16-2023 980,000 996 0.0%
Enbridge Inc. 5.37% 09-27-2077 Callable 2027 17,473,000 17,282 0.9%
Enbridge Inc. F/R 04-12-2078 Callable 2028 3,170,000 3,401 0.2%
ENC Holding Corp. Term Loan 1st Lien F/R 05-30-2025 1,042,575 1,352 0.1%
Ensono LP Term Loan 1st Lien F/R 04-30-2025 2,441,550 3,194 0.2%
Enterprise Merger Sub Inc. Term Loan 1st Lien F/R 09-28-2025 646,750 751 0.0%
EnTrans International LLC Term Loan 1st Lien F/R 10-29-2025 2,531,375 3,282 0.2%
EPCOR Utilities Inc. 3.11% 07-08-2049 Callable 2049 1,050,000 1,062 0.1%
EPCOR Utilities Inc. 3.55% 11-27-2047 Callable 2047 548,000 599 0.0%
EPR Properties 4.95% 04-15-2028 Callable 2028 600,000 847 0.0%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 4,360,000 4,653 0.2%
Exela Intermediate LLC Term Loan B 1st Lien F/R 07-12-2023 1,360,301 1,535 0.1%
FAGE International SA / FAGE USA Dairy Industry Inc. 5.63% 08-15-2026 Callable 2021 144A 4,910,000 5,703 0.3%
Fairfax Financial Holdings Ltd. 4.23% 06-14-2029 Callable 2029 390,000 395 0.0%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 5,139,000 5,469 0.3%
Fairfax Financial Holdings Ltd. 4.95% 03-03-2025 2,290,000 2,495 0.1%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 1,755,000 1,934 0.1%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 588,000 938 0.0%
Fédération des Caisses Desjardins du Québec 3.06% 09-11-2023 1,520,000 1,582 0.1%
Federative Republic of Brazil 10.00% 01-01-2029 470,000 1,940 0.1%
First Eagle Holdings Inc. Term Loan B 1st Lien F/R 12-01-2024 3,012,450 3,942 0.2%
First Quantum Minerals Ltd. 7.25% 04-01-2023 Callable 2019 144A 5,160,000 6,569 0.3%
Forming Machining Industries Holdings LLC Term Loan 1st Lien F/R 10-03-2025 2,032,571 2,595 0.1%
Fortified Trust 2.56% 03-23-2024 970,000 987 0.0%
Fortress Transportation and Infrastructure Investors LLC 6.50% 10-01-2025 Callable 2021 144A 4,090,000 5,539 0.3%
Fortress Transportation and Infrastructure Investors LLC 6.75% 03-15-2022 Callable 2020 144A 3,790,000 5,169 0.2%
Foundation Building Materials LLC Term Loan B 1st Lien F/R 05-11-2025 1,323,350 1,729 0.1%
Frontera Generation Holdings LLC Term Loan B 1st Lien F/R 04-25-2025 2,481,250 3,179 0.2%
Fusion Connect Inc. Term Loan 1st Lien F/R 06-03/2019 36,000 47 0.0%
Fusion Connect Inc. Term Loan B 1st Lien F/R 05-03-2023 1,052,317 930 0.0%
Fusion Connect Inc. Term Loan DIP 1st Lien F/R 10-03-2019 71,000 92 0.0%
Futures Contracts -163 0.0%
FXI Holdings Inc. 7.88% 11-01-2024 Callable 2020 144A 4,385,000 5,359 0.3%
Garda World Security Corp. 7.25% 11-15-2021 Callable 144A 930,000 1,221 0.1%
Garda World Security Corp. Term Loan B 1st Lien F/R 05-26-2024 224,707 222 0.0%
Gateway Casinos & Entertainment Ltd. Term Loan B 1st Lien F/R 03-13-2025 3,640,696 4,708 0.2%
GFL Environmental Inc. 5.38% 03-01-2023 Callable 2020 144A 2,805,000 3,650 0.2%
GFL Environmental Inc. 5.63% 05-01-2022 Callable 2019 144A 1,555,000 2,051 0.1%
GFL Environmental Inc. 7.00% 06-01-2026 Callable 2021 144A 4,720,000 6,324 0.3%
GFL Environmental Inc. Term Loan B 1st Lien F/R 05-31-2025 3,617,041 4,668 0.2%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 17,519,000 18,318 1.0%
GLOBALFOUNDRIES Inc. Term Loan B 1st Lien F/R 05/24/2026 6,800,000 8,794 0.4%
Golden Entertainment Inc. 7.63% 04-15-2026 Callable 2022 144A 1,480,000 2,001 0.1%
Government of Aruba 4.63% 09-14-2023 200,000 269 0.0%
Government of Bermuda 4.85% 02-06-2024 310,000 441 0.0%
Government of Canada 2.25% 06-01-2029 170,000 182 0.0%
Government of Canada 2.75% 12-01-2048 24,570,000 30,628 1.6%
Government of Cayman Islands 5.95% 11-24-2019 330,000 447 0.0%
Government of El Salvador 7.38% 12-01-2019 1,440,000 1,902 0.1%
Government of Mexico 7.50% 06-03-2027 60,070,000 4,102 0.2%
Gray Escrow Inc. 7.00% 05-15-2027 Callable 2022 144A 500,000 711 0.0%
Greater Toronto Airports Authority 2.73% 04-03-2029 Callable 2029 340,000 351 0.0%
Greenhill & Co. Inc. Term Loan B 1st Lien F/R 04-05-2024 1,310,000 1,711 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 290,000 293 0.0%
H&R Real Estate Investment Trust 3.42% 01-23-2023 Callable 2022 540,000 552 0.0%
Hadrian Merger Sub Inc. 8.50% 05-01-2026 Callable 2021 144A 10,183,000 12,719 0.7%
Halo Buyer Inc. Term Loan 1st Lien F/R 06-28-2025 1,270,467 1,647 0.1%
HCA Holdings Inc. 5.25% 06-15-2026 Callable 2025 3,010,000 4,364 0.2%
HCA Inc. 5.88% 02-01-2029 Callable 2028 2,120,000 3,040 0.1%
HCA Inc. 6.50% 02-15-2020 Callable 5,000,000 6,704 0.3%
Heartland Dental LLC Delay Draw Term Loan 1st Lien F/R 04-17-2025 39,962 50 0.0%
Heartland Dental LLC Term Loan 1st Lien F/R 04-17-2025 1,781,171 2,216 0.1%
Heathrow Funding Ltd. 3.25% 05-21-2025 124,000 129 0.0%
Heathrow Funding Ltd. 3.40% 03-08-2028 1,032,000 1,077 0.1%
Heathrow Funding Ltd. 3.79% 09-04-2030 Callable 2030 900,000 956 0.0%
Horizon Pharma Financing Inc. 6.63% 05-01-2023 Callable 2020 144A 3,388,000 4,572 0.2%
Hornblower Sub LLC Term Loan 1st Lien F/R 04-28-2025 4,146,709 5,441 0.3%
HSBC Bank Canada 2.25% 09-15-2022 540,000 542 0.0%
HSBC Bank Canada 3.25% 09-15-2023 940,000 978 0.0%
HSBC Holdings PLC 3.20% 12-05-2023 5,147,000 5,290 0.3%
Husky Energy Inc. 4.45% 12-31-2049 Pfd. Series 1 312,775 4,035 0.2%
Hydro One Inc. 2.54% 04-05-2024 Callable 2024 790,000 806 0.0%
Hyster-Yale Group Inc. Term Loan B 1st Lien F/R 05-30-2023 424,986 550 0.0%
IEA Energy Services LLC Term Loan 1st Lien F/R 09-25-2024 3,676,500 4,520 0.2%
II-VI Inc. Term Loan B 1st Lien F/R 05-08-2026 4,730,000 6,113 0.3%
Innovative Water Care Global Corp. Term Loan 1st Lien F/R 02-27-2026 3,411,450 4,248 0.2%
Institutional Shareholder Services Inc. Term Loan 1st Lien F/R 02-26-2026 2,930,000 3,808 0.2%
Integro Ltd. United States Term Loan B1 1st Lien F/R 10-31-2022 226,272 290 0.0%
Intelsat Jackson Holdings SA 8.50% 10-15-2024 Callable 2020 144A 740,000 970 0.0%
Inter Pipeline Ltd. F/R 03-26-2079 Callable 2029 8,258,000 8,558 0.4%
Interior Logic Group Holdings IV LLC Term Loan B 1st Lien F/R 05-21-2025 1,320,025 1,709 0.1%
Intermedia Holdings Inc. Term Loan B 1st Lien F/R 07-13-2025 1,064,650 1,398 0.1%
International Finance Corp. 7.00% 07-20-2027 52,230,000 3,422 0.2%
iQor US Inc. Term Loan 2nd Lien F/R 04-01-2022 1,507,000 1,697 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 873,073 1,117 0.1%
IQVIA Holdings Inc. 5.00% 05-15-2027 Callable 2022 144A 1,870,000 2,526 0.1%
Iron Mountain Canada Operations ULC 5.38% 09-15-2023 Callable 2019 870,000 895 0.0%
Isagenix International LLC Term Loan 1st Lien F/R 04-26-2025 4,123,000 4,292 0.2%
iShares Barclays Capital TB ETF Put Option @ $116.00 Exp. 09-20-2019 2,100 26 0.0%
iShares Barclays Capital TB ETF Put Option @ $117.00 Exp. 09-20-2019 2,100 26 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $82.00 Exp. 11-15-2019 3,990 309 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 09-20-2019 14,307 759 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 11-15-2019 8,082 971 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 01-17-2020 8,776 1,995 0.1%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 09-20-2019 4,000 301 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 11-15-2019 8,776 1,333 0.1%
iShares J.P. Morgan USD Emerging Markets Bond ETF 247,088 36,658 1.9%
Ivanhoe Cambridge II Inc. 2.91% 06-27-2023 Callable 2023 470,000 484 0.0%
Jane Street Group LLC. Term Loan B 1st Lien F/R 08-25-2022 3,471,256 4,527 0.2%
Janus International Group LLC Term Loan 1st Lien F/R 02-15-2025 1,625,000 2,132 0.1%
Jefferies Finance LLC Term Loan 1st Lien F/R 05-21-2026 1,390,000 1,820 0.1%
JP Intermediate B LLC Term Loan 1st Lien F/R 10-19-2025 1,462,500 1,671 0.1%
Keane Group Holdings LLC Term Loan B 1st Lien F/R 05-18-2025 2,528,241 3,275 0.2%
Kestra Advisor Services Holdings A Inc. Term Loan 1st Lien F/R 04-29-2026 2,170,000 2,830 0.1%
Kestrel Acquisition LLC Term Loan B 1st Lien F/R 05-02-2025 3,557,921 4,560 0.2%
Keyera Corp. F/R 06-13-2079 Callable 2029 10,080,000 10,202 0.5%
Keystone Peer Review Organization Holdings Inc. Term Loan 1st Lien F/R 05-01-2024 1,061,446 1,359 0.1%
Kruger Products LP 6.00% 04-24-2025 Callable 2021 4,898,000 4,747 0.2%
L&W Inc. Term Loan 1st Lien F/R 05-17-2025 2,067,611 2,653 0.1%
LABL Escrow Issuer LLC 10.50% 07-15-2027 Callable 2022 144A 10,113,000 13,317 0.7%
LABL Escrow Issuer LLC 6.75% 07-15-2026 Callable 2022 144A 5,750,000 7,630 0.4%
Lamb Weston Holdings Inc. 4.63% 11-01-2024 Callable 2021 144A 3,400,000 4,620 0.2%
Lamb Weston Holdings Inc. 4.88% 11-01-2026 Callable 2021 144A 2,100,000 2,866 0.1%
LBM Borrower LLC Term Loan 1st Lien F/R 08-20-2022 1,040,922 1,363 0.1%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2020 144A 1,550,000 2,073 0.1%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-18-2022 2,184,961 2,861 0.1%
LifeScan Global Corp. Term Loan 1st Lien F/R 06-19-2024 4,274,950 5,360 0.3%
LifeScan Global Corp. Term Loan 2nd Lien F/R 06-19-2025 1,290,000 1,546 0.1%
Lions Gate Capital Holdings LLC 6.38% 02-01-2024 Callable 2021 144A 740,000 1,020 0.0%
Logibec Groupe Informatique Ltd. Term Loan 1st Lien F/R 01-15-2020 1,394,052 1,324 0.1%
Mackenzie Credit Absolute Return Fund Series R 3,678,000 37,554 1.9%
Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) 220,564 22,498 1.2%
Manulife Bank of Canada 2.84% 01-12-2023 725,000 742 0.0%
Manulife Financial Corp. F/R 05-09-2028 Callable 2023 470,000 484 0.0%
Manulife Financial Corp. F/R 08-20-2029 Callable 2024 132,000 135 0.0%
Manulife Financial Corp. Pfd. Series 13 126,540 2,302 0.1%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 2,220,000 2,314 0.1%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 144A 820,000 1,130 0.1%
Matterhorn Merger Sub LLC 8.50% 06-01-2026 Callable 2021 144A 7,411,000 8,607 0.4%
McDonald's Corp. 3.13% 03-04-2025 Callable 2025 1,300,000 1,346 0.1%
McDonald's Corp. 3.80% 04-01-2028 Callable 2028 2,146,000 3,020 0.1%
MEG Energy Corp. 6.38% 01-30-2023 Callable 144A 2,390,000 2,985 0.1%
MEG Energy Corp. 7.00% 03-31-2024 Callable 2019 144A 3,052,000 3,824 0.2%
MEG Energy Corp. Term Loan B 1st Lien F/R 12-31-2023 525,600 689 0.0%
Mercer International Inc. 7.38% 01-15-2025 Callable 2021 144A 2,170,000 3,027 0.1%
Meredith Corp. 6.88% 02-01-2026 Callable 2021 3,400,000 4,748 0.2%
Meredith Corp. Term Loan B 1st Lien F/R 01-31-2025 3,570,616 4,678 0.2%
Millar Western Forest Products Ltd. 9.50% 06-20-2023 Callable 2020 1,960,000 1,989 0.1%
Minotaur Acquisition Inc. Term Loan 1st Lien F/R 02-27-2026 3,800,475 4,906 0.2%
Morgan Stanley 3.00% 02-07-2024 11,140,000 11,373 0.6%
Multi-Color Corp. Bridge Loan Exp. 02-25-2020 19,586,000 0.0%
Multi-Color Corp. Term Loan B 1st Lien F/R 06-17-2026 3,000,000 3,937 0.2%
MyNEXUS Inc. Term Loan 1st Lien F/R 06-19-2024 2,770,000 3,537 0.2%
Natel Engineering Co. Inc. Term Loan B 1st Lien F/R 04-29-2026 2,050,000 2,688 0.1%
Neenah Foundry Co. Term Loan B 1st Lien F/R 12-08-2022 944,999 1,225 0.1%
New Red Finance Inc. 5.00% 10-15-2025 Callable 2020 144A 6,180,000 8,167 0.4%
Nexstar Escrow Inc. 5.63% 07-15-2027 Callable 2022 144A 5,222,000 7,026 0.3%
Nexstar Media Group Inc. Bridge Loan Exp. 11-30-2019 18,260,000 0.0%
Nine Energy Service Inc. 8.75% 11-01-2023 Callable 2020 144A 2,550,000 3,267 0.2%
NMN Holdings III Corp. Term Loan 1st Lien F/R 10-26-2025 1,586,969 2,063 0.1%
Norbord Inc. 5.75% 07-15-2027 Callable 2022 144A 3,954,000 5,248 0.3%
NORDAM Group Inc. Term Loan B-Exit 1st Lien F/R 04-04-2026 1,306,725 1,713 0.1%
Nouvelle Autoroute 30 Financement Inc. 4.11% 03-31-2042 659,850 737 0.0%
Nova Scotia Power Inc. 3.57% 04-05-2049 Callable 2048 490,000 524 0.0%
NRG Yield Operating LLC 5.38% 08-15-2024 Callable 4,020,000 5,363 0.3%
Nufarm Australia Ltd. 5.75% 04-30-2026 Callable 2021 144A 4,298,000 5,349 0.3%
Numericable-SFR 7.38% 05-01-2026 Callable 2021 144A 3,250,000 4,369 0.2%
NuVista Energy Ltd. 6.50% 03-02-2023 Callable 2020 1,990,000 1,944 0.1%
NVA Holdings Inc. 6.88% 04-01-2026 Callable 2021 1,210,000 1,666 0.1%
OCI Beaumont LLC Term Loan B 1st Lien F/R 02-16-2025 2,055,975 2,696 0.1%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 2,162,159 2,870 0.1%
OMERS Finance Trust 2.60% 05-14-2029 1,160,000 1,194 0.1%
OMERS Realty Corp. 3.24% 10-04-2027 Callable 2027 1,300,000 1,377 0.1%
OMERS Realty Corp. 3.63% 06-05-2030 Callable 2030 1,150,000 1,262 0.1%
Ontario Power Generation Inc. 3.32% 10-04-2027 Callable 2027 750,000 788 0.0%
Ontario Power Generation Inc. 4.25% 01-18-2049 Callable 2048 400,000 462 0.0%
Osteon Merger Sub Inc. Term Loan B 1st Lien F/R 02-06-2025 873,393 1,143 0.1%
Owens & Minor Inc. Term Loan B 1st Lien F/R 05-01-2025 3,543,225 3,856 0.2%
Panther BF Aggregator 2 LP 4.38% 05-15-2026 Callable 2022 640,000 987 0.0%
Panther BF Aggregator 2 LP 6.25% 05-15-2026 144A 3,120,000 4,251 0.2%
Panther BF Aggregator 2 LP 8.50% 05-15-2027 Callable 2022 144A 5,950,000 8,024 0.4%
Panther BF Aggregator 2 LP Term Loan B 1st Lien F/R 03-18-2026 2,990,000 3,892 0.2%
Par Pharmaceutical Inc. 7.50% 04-01-2027 Callable 2022 144A 1,300,000 1,674 0.1%
Park Aerospace Holdings Ltd. 5.25% 08-15-2022 144A 790,000 1,087 0.1%
Parkland Fuel Corp. 5.75% 09-16-2024 Callable 2019 4,940,000 5,060 0.2%
Parkland Fuel Corp. 5.88% 07-15-2027 Callable 2022 144A 750,000 996 0.0%
Parkland Fuel Corp. 6.00% 04-01-2026 Callable 2021 144A 7,780,000 10,468 0.5%
Pembina Pipeline Corp. 3.62% 04-03-2029 Callable 2029 610,000 634 0.0%
Petroleos De Venezuela SA 6.00% 05-16-2024 2,303,000 680 0.0%
Pisces Midco Inc. 8.00% 04-15-2026 Callable 2021 144A 3,090,000 3,941 0.2%
PLH Group Inc. Term Loan 1st Lien F/R 08-06-2023 1,476,903 1,915 0.1%
Pluto Acquisition I Inc. Term Loan 1st Lien F/R 06-18-2026 3,060,000 3,977 0.2%
Polymer Process Holdings Inc. Term Loan 1st Lien F/R 04-29-2026 3,140,000 4,050 0.2%
Prairie ECI Acquiror LP Term Loan 1st Lien F/R 03-07-2026 778,050 1,025 0.0%
Premier Dental Services Inc. Term Loan B 1st Lien F/R 06-30-2023 1,449,068 1,883 0.1%
Premier Foods Finance PLC 6.25% 10-15-2023 Callable 2020 2,230,000 3,934 0.2%
Project Leopard Holdings Inc. Term Loan 1st Lien F/R 07-07-2023 3,492,450 4,576 0.2%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 02-15-2024 3,068,133 3,804 0.2%
Province of Newfoundland 3.70% 10-17-2048 1,845,000 2,173 0.1%
Province of Ontario 2.65% 12-02-2050 3,960,000 4,110 0.2%
Province of Ontario 2.70% 06-02-2029 4,660,000 4,887 0.2%
Province of Ontario 2.90% 06-02-2049 7,990,000 8,691 0.4%
Province of Quebec 3.10% 12-01-2051 1,270,000 1,457 0.1%
Province of Quebec 3.50% 12-01-2048 2,200,000 2,679 0.1%
PS HoldCo LLC Term Loan 1st Lien F/R 03-02-2025 1,498,675 1,947 0.1%
PSC Industrial Outsourcing LP Term Loan 2nd Lien F/R 10-05-2025 598,000 756 0.0%
PSC Industrial Outsourcing LP Term Loan B 1st Lien F/R 10-05-2024 2,136,490 2,792 0.1%
Quad/Graphics Inc. 7.00% 05-01-2022 1,315,000 1,748 0.1%
Quad/Graphics Inc. Term Loan B 1st Lien F/R 06-30-2026 3,786,188 4,952 0.2%
Quebecor Media Inc. 6.63% 01-15-2023 144A 1,422,000 1,538 0.1%
Queensland Treasury Corp. 2.75% 08-20-2027 12,650,000 12,538 0.7%
R.R. Donnelley & Sons Co. Term Loan B 1st Lien F/R 01-04-2024 2,715,116 3,533 0.2%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 10,550,000 12,740 0.7%
Rackspace Hosting Inc. Term Loan B 1st Lien F/R 11-03-2023 2,000,000 2,425 0.1%
Radiate Holdco LLC Term Loan 1st Lien F/R 02-01-2024 2,280,000 2,959 0.1%
Rayonier AM Products Inc. 5.50% 06-01-2024 Callable 2019 144A 2,515,000 2,813 0.1%
Reliance Intermediate Holdings LP 6.50% 04-01-2023 Callable 2020 144A 3,020,000 4,090 0.2%
Renfro Corp. Term Loan B 1st Lien F/R 03-31-2021 583,874 757 0.0%
Republic of South Africa 8.00% 01-31-2030 23,460,000 2,060 0.1%
Research Now Group Inc. Term Loan 1st Lien F/R 12-20-2024 2,613,686 3,418 0.2%
Research Now Group Inc. Term Loan 2nd Lien F/R 12-20-2025 772,000 996 0.0%
Resolute Forest Products Inc. 5.88% 05-15-2023 170,000 225 0.0%
Resolute Investment Managers Inc. Term Loan 2nd Lien F/R 04-30-2023 97,000 128 0.0%
Rite Aid Corp. 6.13% 04-01-2023 Callable 2020 144A 3,625,000 4,012 0.2%
Rite Aid Corp. 7.70% 02-15-2027 4,050,000 3,169 0.2%
Rogers Communications Inc. 3.25% 05-01-2029 Callable 2029 840,000 862 0.0%
Royal Bank of Canada 3.30% 09-26-2023 510,000 531 0.0%
Royal Bank of Canada F/R 11-05-2019 21,000,000 21,009 1.1%
Russel Metals Inc. 6.00% 03-16-2026 Callable 2021 2,960,000 3,039 0.1%
Russell Investments US Institutional Holdings Term Loan B 1st Lien F/R 06-01-2023 822,917 1,069 0.1%
Russian Federal Loan Bond - OFZ 7.05% 01-19-2028 473,400,000 9,687 0.5%
Sabre Industries Inc. Term Loan B 1st Lien F/R 04-09-2026 920,000 1,205 0.1%
Saffron Borrowco LLC Term Loan 1st Lien F/R 06-20-2025 1,710,000 2,080 0.1%
Savage Enterprises LLC Term Loan B 1st Lien F/R 07-02-2025 2,476,507 3,254 0.2%
Scientific Games International Inc. 6.63% 05-15-2021 Callable 2019 3,615,000 4,830 0.2%
Shaw Communications Inc. 4.40% 11-02-2028 Callable 2028 1,690,000 1,859 0.1%
Shaw Communications Inc. Pfd Series A 268,087 3,633 0.2%
Sigma Bidco BV Term Loan B 1st Lien F/R 03-07-2025 2,820,000 4,118 0.2%
SIRVA Worldwide Inc. Term Loan 1st Lien F/R 07-31-2025 2,710,688 3,454 0.2%
SIWF Holdings Inc. Term Loan 1st Lien F/R 05-25-2025 1,554,300 2,023 0.1%
SMI Acquisition Inc. Term Loan 1st Lien F/R 10-27-2024 826,610 980 0.0%
SoftBank Group Corp. 5.38% 07-30-2022 Callable 2022 1,500,000 2,054 0.1%
Sorenson Communications LLC Term Loan 1st Lien F/R 03-14-2024 1,600,000 2,103 0.1%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2019 144A 7,301,000 6,813 0.3%
Source Energy Services Ltd. 24,759 17 0.0%
Spirit AeroSystems Inc. 3.95% 06-15-2023 Callable 2023 430,000 582 0.0%
Sprint Corp. 7.13% 06-15-2024 4,420,000 6,152 0.3%
Sprint Corp. 7.88% 09-15-2023 1,160,000 1,651 0.1%
SRS Distribution Inc. Term Loan B 1st Lien F/R 05-17-2025 550,726 693 0.0%
SS&C Technologies Inc. Term Loan B5 1st Lien F/R 04-16-2025 1,716,858 2,243 0.1%
St. Joseph Energy Center LLC Term Loan 1st Lien F/R 04-06-2025 2,339,195 3,048 0.1%
Star West Generation LLC Term Loan B 1st Lien F/R 03-13-2020 1,214,128 1,560 0.1%
Starfruit US Holdco LLC 8.00% 10-01-2026 Callable 2021 144A 990,000 1,339 0.1%
Stars Group Holdings BV Term Loan B 1st Lien F/R 07-10-2025 2,830,658 3,712 0.2%
Storm King Funding F/R 09-19-2019 33,800,000 33,800 1.7%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 112,000 115 0.0%
Sun Life Financial Inc. F/R 11-23-2027 Callable 2022 545,000 553 0.0%
Suncor Energy Inc. 3.10% 05-24-2029 Callable 2029 820,000 840 0.0%
Superior Plus LP 5.13% 08-27-2025 Callable 2021 1,780,000 1,752 0.1%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 6,750,000 6,706 0.3%
Superior Plus LP 7.00% 07-15-2026 Callable 2021 144A 5,440,000 7,349 0.4%
Syniverse Holdings Inc. Term Loan 1st Lien F/R 02-09-2023 2,022,570 2,442 0.1%
Sysco Canada Inc. 3.65% 04-25-2025 Callable 2025 950,000 999 0.0%
Talen Energy Supply LLC 6.63% 01-15-2028 Callable 2023 144A 1,680,000 2,196 0.1%
TC Energy Corp. Pfd. Series 15 57,197 1,430 0.1%
Telenet Finance Luxembourg Notes Sarl 5.50% 03-01-2028 Callable 2022 144A 800,000 1,061 0.1%
Telus Corp. 2.75% 07-08-2026 710,000 713 0.0%
TELUS Corp. 3.30% 05-02-2029 Callable 2029 470,000 482 0.0%
Tenet Healthcare Corp. 6.25% 02-01-2027 Callable 2022 144A 2,560,000 3,472 0.2%
Tenet Healthcare Corp. 6.75% 06-15-2023 4,010,000 5,287 0.3%
Tensar International Corp. Term Loan 2nd Lien F/R 07-09-2022 112,000 133 0.0%
TerraForm Power Operating LLC 5.00% 01-31-2028 Callable 2027 144A 6,122,000 8,063 0.4%
Teva Pharmaceutical Industries Ltd. 2.80% 07-21-2023 5,130,000 5,833 0.3%
The Bank of Nova Scotia 2.29% 06-28-2024 29,000 29 0.0%
The Bank of Nova Scotia 2.36% 11-08-2022 1,489,000 1,505 0.1%
The Bank of Nova Scotia 2.98% 04-17-2023 460,000 476 0.0%
The Bank of Nova Scotia F/R 07-03-2029 Callable 2024 920,000 919 0.0%
The Goldman Sachs Group Inc. 2.43% 04-26-2023 Callable 10,459,000 10,457 0.5%
The Pasha Group Term Loan B 1st Lien F/R 12-13-2022 1,371,396 1,815 0.1%
The Toronto-Dominion Bank 1.91% 07-18-2023 DPNT 5,455,000 5,434 0.3%
The Toronto-Dominion Bank 2.50% 12-02-2024 1,630,000 1,641 0.1%
The Toronto-Dominion Bank 2.85% 03-08-2024 1,270,000 1,300 0.1%
The Toronto-Dominion Bank 3.01% 05-30-2023 760,000 788 0.0%
The Toronto-Dominion Bank F/R 07-25-2029 Callable 2024 560,000 574 0.0%
Thor Industries Inc. Term Loan B 1st Lien F/R 11-01-2025 1,109,653 1,436 0.1%
Titan Acquisition Ltd. 7.75% 04-15-2026 Callable 2021 144A 2,840,000 3,370 0.2%
TMX Group Ltd. 2.30% 12-11-2024 Callable 2024 299,000 307 0.0%
TMX Group Ltd. 3.78% 06-05-2028 Callable 2028 390,000 418 0.0%
TransAlta Corp. Pfd. Series A 193,315 2,080 0.1%
TransCanada Pipelines Ltd. 3.39% 03-15-2028 Callable 2027 350,000 368 0.0%
TransCanada PipeLines Ltd. 3.69% 07-19-2023 80,000 84 0.0%
TransCanada Trust F/R 05-18-2077 Callable 2027 802,000 766 0.0%
Transurban Finance Co. Pty. Ltd. 4.56% 11-14-2028 Callable 2028 1,600,000 1,768 0.1%
Travelport Finance Luxembourg Sarl Term Loan 1st Lien F/R 03-18-2026 5,960,000 7,363 0.4%
Treasury Corp. of Victoria 3.00% 10-20-2028 7,875,000 8,014 0.4%
Trico Group LLC Term Loan 1st Lien F/R 02-02-2024 494,005 627 0.0%
TriMark USA LLC Term Loan 1st Lien F/R 09-15-2024 1,675,736 1,832 0.1%
Trulieve Cannabis Corp. 9.75% 06-18-2024 5,670,000 7,202 0.3%
Trulieve Cannabis Corp. Warrants Exp.06-18-2022 119,070 369 0.0%
Uber Technologies Inc. 8.00% 11-01-2026 Callable 2021 144A 10,880,000 15,214 0.8%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 7,401,238 9,697 0.5%
Ultra Clean Holdings Inc. Term Loan B 1st Lien F/R 08-27-2025 4,277,527 5,322 0.3%
Unimin Corp. Term Loan 1st Lien F/R 05-21-2025 3,521,400 3,748 0.2%
Union Gas Ltd. 3.59% 11-22-2047 Callable 2047 603,000 659 0.0%
United States Treasury 0.50% 04-15-2024 Inflation Indexed 29,420,000 39,537 2.0%
United States Treasury 0.75% 07-15-2028 Inflation Indexed 28,750,000 39,953 2.0%
United States Treasury 2.50% 03-31-2024 4,410,000 5,873 0.3%
US Renal Care Inc. Term Loan B 1st Lien F/R 06-14-2026 4,350,000 5,603 0.3%
USA Compression Partners LP 6.88% 09-01-2027 Callable 2022 1,790,000 2,463 0.1%
Vancouver Airport Authority 3.66% 11-23-2048 Callable 2048 850,000 996 0.0%
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF 386,536 17,565 0.9%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 5,290,000 5,294 0.3%
VeriFone Systems Inc. Term Loan 1st Lien F/R 08-09-2025 1,810,900 2,306 0.1%
VeriFone Systems Inc. Term Loan 1st Lien F/R 08-20-2025 817,000 1,050 0.1%
Vertex Aerospace Services Corp. Term Loan B 1st Lien F/R 06-14-2025 1,514,700 1,992 0.1%
Vesta Energy Corp. 8.13% 07-24-2023 Callable 2020 144A 2,730,000 2,554 0.1%
Victory Capital Holdings Inc. Term Loan B 1st Lien F/R 06-07-2026 1,650,000 2,165 0.1%
Vidéotron Ltd./Vidéotron Ltée. 5.13% 04-15-2027 Callable 2022 144A 3,967,000 5,430 0.3%
Vidéotron Ltée 5.63% 06-15-2025 Callable 2025 470,000 503 0.0%
Vidéotron Ltée 5.75% 01-15-2026 Callable 2020 4,990,000 5,276 0.3%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 703,412 918 0.0%
Vodafone Group PLC 3.75% 01-16-2024 350,000 480 0.0%
VRX Escrow Corp. 6.13% 04-15-2025 Callable 2020 144A 2,050,000 2,747 0.1%
VVC Holding Corp. Term Loan B 1st Lien F/R 02-07-2026 5,270,000 6,897 0.3%
Vyaire Medical Inc. Term Loan B 1st Lien F/R 04-06-2025 1,415,700 1,678 0.1%
Waste Pro USA Inc. 5.50% 02-15-2026 Callable 2021 144A 1,630,000 2,187 0.1%
WellDyneDx Inc. Term Loan 1st Lien F/R 08-16-2022 2,614,408 3,398 0.2%
Wells Fargo & Co. 3.19% 02-08-2024 Callable 2024 1,620,000 1,667 0.1%
Welltower Inc. 4.13% 03-15-2029 Callable 2028 650,000 903 0.0%
Welltower Inc. 4.25% 04-15-2028 Callable 2028 460,000 645 0.0%
Werner FinCo LP Term Loan 1st Lien F/R 06-23-2024 2,018,963 2,546 0.1%
Westcoast Energy Inc. 5.20% Cum. Red. First Pfd. Series 12 31,657 815 0.0%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 144A 3,570,000 4,918 0.2%
Xplornet Communications Inc. 9.63% 06-01-2022 Callable 2019 144A 1,263,700 1,690 0.1%
Yak Access LLC Term Loan B 1st Lien F/R 06-26-2025 4,078,375 4,937 0.2%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 1,149,362 1,488 0.1%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 2,138,421 2,800 0.1%
Total Investments -- 1,909,711 91.9%
Cash & Equivalents -- 179,702 8.6%
Currency Hedge Contracts -- 21,117 1.0%
Other Assets (Liabilities) -- -31,242 -1.5%
Total Net Assets -- 2,079,288 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of August 31, 2019
  • Regional Allocation
      United States
    52.1%
      Canada
    26.0%
      Other
    2.8%
      United Kingdom
    1.3%
      Netherlands
    1.0%
      Luxembourg
    0.7%
      Australia
    0.6%
      Bahamas
    0.5%
      Russia
    0.5%
      France
    0.3%
      Cash & Equivalents 14.2%
  • Sector Allocation
      Corporate Bonds 38.3%
      Bank Loans 21.9%
      Foreign Fixed Income 16%
      Cash & Equivalents 14.2%
      Mutual&Pooled 5.6%
      Federal Bonds 1.4%
      Equities 1.3%
      Provincial Bonds 1.2%
      Other 0.1%
Credit Allocation (%)
AAA 13.1%
AA 18%
A 3.8%
BBB 10.4%
BB 14.4%
B 26%
CCC & Below 4.9%
NR 3.4%
Cash & Equivalents 2.8%
Equities 3.1%

Portfolio Managers

Steve Locke, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Fixed Income Team

Investment experience since 1995

Dan Cooper, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Konstantin Boehmer, MBA

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

The Series PWT8 version of this fund is 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 FTSE Canada 91 Day T-Bill Index measures the return attributable to 91-day Treasury Bills.

†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.