Morningstar

Renaissance Floating Rate Income Fund Class H

Morningstar Medalist Rating
Unlock
Medalist Rating as of See CIBC Investment Hub
  • NAV / 1-Day Return CA$7.11  /  −0.49 %
  • Fund Size CA$2.0B
  • Adjusted Expense Ratio —
  • Net Expense Ratio —
  • Fee Level: Distribution Below Average
  • Share Class Type —
  • Morningstar Category Floating Rate Loans
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment —
  • Investment Status Open
  • TTM Yield 6.08%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis

Will Renaissance Floating Rate Income Fund Class H outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable Renaissance Floating Rate Income Fund Class H’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the Renaissance Floating Rate Income Fund Class H management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of Renaissance Floating Rate Income Fund Class H’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Renaissance Floating Rate Income H holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings

More Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Alixpartners Llp, Term Loan

0.79 16M
Corporate

CPPIB OVM Member U.S. LLC, Term Loan

0.67 13M
Corporate

Fcg Acquisitions Inc., Term Loan

0.67 13M
Corporate

Win Waste Innovations Holdings Inc., Term Loan

0.65 13M
Corporate

Resilience Parent Llc, Term Loan

0.65 13M
Corporate

Mamba Purchaser Inc., Term Loan

0.65 13M
Corporate

Cnt Holdings I Corp., Term Loan

0.63 13M
Corporate

Formula One Management Ltd., Term Loan

0.61 12M
Corporate

Churchill Downs Inc 4.75%

0.60 12M
Corporate

Enviva Partners L.P., Term Loan

0.60 12M
Corporate

Sponsor Center