Sun Life Crescent Specialty Credit Private Pool
NLSUN 434
Sun Life Crescent Specialty Credit Private Pool
Series:
F
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Current Price
As of Apr 26, 2024
$9.6493 CAD
$0.0132 CAD | 0.14%
Overall Morningstar™ rating

—

Out of 254 Funds
CIFSC category
High Yield Fixed Income

Risk profile

Low to medium

MER
As of Dec 31, 2023
1.02%
Key reasons to invest in Sun Life Crescent Specialty Credit Private Pool
  • A specialized fixed income fund focused on below investment grade debt
  • Three credit opportunities in a single portfolio – bank loans, high yield bonds and narrowly syndicated credit
  • Designed for attractive yield potential, principal preservation, and protection against inflation/rising interest rates
    Fund essentials

    • Inception date
      Jul 18, 2022
    • Benchmark
      Blended benchmark
    • Management fee
      0.75%
    • Fund assets
      As of Mar 31, 2024
      $206.3M
    • Number of holdings
      As of Feb 29, 2024
      561
    • Distribution frequency
      Monthly
    • Min initial investment
      $500
    • Min additional investment
      $50
    Fund codes
    NLSUN 434
    Performance

    Investment growth

    Mar 31, 2024

    • Compound growth calculations are used only for the purpose of illustrating the effects of compound growth and are not intended to reflect the future value of any mutual fund or returns on investment in any mutual fund.

    Compound returns

    As of Mar 31, 2024
    Fund %
    1 mth3 mth6 mth1 yr3 yr5 yr10 yrSince inception
    Fund %0.41.15.58.16.5

    Calendar returns

    As of Mar 31, 2024
    Fund %
      YTD2023202220212020201920182017201620152014
      Fund %1.19.80.2

        Risk & Statistics

        Risk Measures are not available for funds with a history of less than three years.

        Morningstar Ratingᵀᴹ and Quartile rankings

        As of Mar 31, 2024
        1 yr3 yr5 yr10 yr
        Morningstarᵀᴹ rating

        Quartile (within category)2not available—not available—not available—
        # of funds in category264254157157

          Portfolio analysis

          Overall allocation

          As of Feb 29, 2024
          Asset allocation%
          swatch
          Fixed income91.8
          Cash6.1
          Other2.2
          Geographic allocation%
          swatch
          United States85.8
          Canada7.1
          United Kingdom2.1
          France1.3
          Ireland0.7
          Australia0.7
          Italy0.6
          Netherlands0.6
          Sweden0.5
          Panama0.4
          Other0.3

            Fixed income allocation

            As of Feb 29, 2024
            Fixed income allocation%
            swatch
            Bank Loan51.6
            Corporate Bond42.2
            Cash & Equivalents6.2
            Agency Mortgage-Backed0.0
            Asset-Backed0.0
            Commercial Mortgage-Backed0.0
            Convertible0.0
            Covered Bond0.0
            Future/Forward0.0
            Government0.0
            Government-Related0.0
            Municipal Taxable0.0
            Municipal Tax-Exempt0.0
            Non-agency Residential Mortgage-Backed0.0
            Option/Warrant0.0
            Preferred Stock0.0
            Swap0.0
            Credit mix%
            swatch
            AAA0.0
            AA0.0
            A0.0
            BBB1.1
            BB31.5
            B38.9
            Below B7.1
            Not Rated21.4

            Morningstar Style Boxᵀᴹ

            Data not available at this time.

            Fixed income characteristics

            As of Feb 29, 2024
            • Yield To Maturity
              5.43%
            • Effective duration (years)
              3.71
            • Average maturity (years)
              4.68
            • Average credit quality
              B
              Holdings

              Top ten holdings

              As of Feb 29, 2024
              HoldingsPercentage%
              TransDigm, Inc. 4.875%0.7
              CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.5%0.6
              CCO Holdings, LLC/ CCO Holdings Capital Corp. 5%0.5
              Royal Caribbean Group 8.25%0.5
              Caesars Entertainment Inc New 8.125%0.4
              American Airlines, Inc. 7.25%0.4
              Vachol Tl B 1l Usd 5.75% 21jan290.4
              Vistra Operations Co LLC 7.75%0.4
              Wedinc Tl B 1l Usd 4.50% 31jan280.4
              Community Health Systems Incorporated 5.625%0.4
                • Cash and cash equivalents are not shown.
                Management & Commentary

                Management

                Management Company :

                SLGI Asset Management Inc.

                Sub-advisors

                Crescent Capital Group LP

                Crescent Capital Group is an experienced leader in multi-strategy fixed income investing, focusing on the high yield and below investment grade securities market.

                Documents

                Notes and disclosures