Investment objective

The fundamental investment objective of the Fund is to provide a relatively high monthly income that may consist of dividend income, interest income, realized capital gains and a return of capital, with the potential for modest capital growth, by investing in a well-diversified balanced portfolio of income-producing equity securities including, but not limited to, common shares of Canadian companies that pay dividends and income trusts, and fixed income securities such as preferred shares, government and corporate bonds, debentures and notes.

  • Fund Category Balanced Funds & Portfolio Solutions
  • Inception Date Dec 31, 2009
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Fund details

Series

Currency

Fund code

MER * (%)
F CAD 5660 0.82%

Portfolio analysis As of Mar 31, 2026

65% 35%
Equity Fixed Income

Asset mix

Equity Sector Allocation

Fixed Income Breakdown

Financials34.9%
Energy19.7%
Industrials16.0%
Utilities8.2%
Consumer Staples6.1%
Consumer Discretionary4.5%
Communication Services3.9%
Real Estate3.8%
Information Technology1.7%
Materials1.2%
Government Bonds53.3%
Corporate Bonds34.7%
ST Investments (Cash & Other)12.1%

Top 10 Holdings

% Assets
RBC High Yield Bond Fund - Series O 4.5%
Phillips, Hager & North High Yield Bond Fund - Series O 4.2%
Toronto-Dominion Bank 3.5%
Royal Bank of Canada 3.4%
Enbridge Inc 3.4%
Canadian Pacific Kansas City Ltd 2.9%
TC Energy Corp 2.6%
Canadian National Railway Co 2.4%
Canadian Imperial Bank of Commerce 2.2%
Bank of Montreal 2.1%
Total % of Top 10 Holdings 31.2%

Geographic allocation

Region

Performance analysis

Growth of $10,000 since inception

Calendar returns

Trailing return

Empty column 1 Mth 3 Mth 6 Mth 1 year 3 years 5 years 10 years Since Inception Empty column
3.3 5.8 7.9 16.3 11.3 8.9 7.8 7.2 Fund

Distribution ($)/unit

Empty column YTD* 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Total distributions 0.21 0.71 0.55 0.52 0.58 0.55 0.52 0.47 0.53 0.53 0.49
Interest --- 0.07 0.02 0.01 --- --- 0.03 0.01 0.00 --- 0.08
Canadian dividends --- 0.25 0.22 0.23 0.22 0.20 0.22 0.21 0.19 0.09 0.19
Foreign dividends --- 0.03 0.03 0.02 --- --- --- --- --- --- ---
Foreign taxes paid --- 0.00 0.00 --- --- --- --- --- --- --- ---
Capital gains --- 0.36 0.16 0.17 0.08 0.35 0.03 --- 0.07 0.33 0.08
Return of capital --- --- 0.13 0.09 0.27 --- 0.23 0.26 0.28 0.11 0.14

* MER (%) is based on actual expenses for the preceding calendar year or most recent half-year period ended June 30 expressed on an annualized basis, depending on availability of date at the time of publication.