Desjardins Target Investment Grade Bond Fund - D Series
Data as of:
Tuesday, July 15, 2025
Fund Code D series
DJT07140
DJT07141
DJT07142
DJT07158
DJT07163
DJT07164
Maturity Year
2025
2026
2027
2028
2029
2030
Currency Exposure
CAD
CAD
CAD
CAD
CAD
CAD
Key Features1
Desjardins Target 2025 Investment Grade Bond Fund
Desjardins Target 2026 Investment Grade Bond Fund
Desjardins Target 2027 Investment Grade Bond Fund
Desjardins Target 2028 Investment Grade Bond Fund
Desjardins Target 2029 Investment Grade Bond Fund
Desjardins Target 2030 Investment Grade Bond Fund
Yield to maturity - net of fees2
2.71
2.87
3.10
2.98
3.08
3.33
Average Coupon - net of fees2
1.16
1.71
2.03
2.05
2.34
1.96
PERSONAL3
Yield to maturity - net of fees and taxes
1.68
1.65
1.73
1.64
1.63
1.92
Equivalent yield to maturity4
3.59
3.52
3.71
3.52
3.50
4.12
CORPORATE INVESTMENT INCOME3
Yield to maturity - net of fees and taxes
1.54
1.54
1.64
1.56
1.57
1.80
Equivalent yield to maturity4
3.30
3.30
3.51
3.34
3.36
3.86
Credit quality average
A
A
A
A
A
A
Modified duration (year)
0.24
1.02
1.87
2.64
3.53
4.41
Number of securities
21
44
40
12
12
12
Total % of the top 10 of Holdings
86%
54%
63%
85%
85%
87%
Average price
99.63
98.82
97.95
97.24
97.00
93.25
1: Source - Desjardins Global Asset Management Inc. & Bloomberg
2: Projected MER of 0.17%
3: Income taxe rate of 53.31%, capital gain tax rate of 26.66% for personnal investments and 35.54% for corporate investment which is the highest in Quebec considering an inclusion rate of 50.00% for personal investments and 66.67% for corporate investments. Quebec's marginal tax rate increases as your income increases so you pay higher taxes on the level of income that falls into a higher tax bracket.
4: Equivalent yield to maturity allows to illustrate the yield of a solution generating interest income and capital gains in comparison to a solution generating interest income exclusively. It takes into account the tax rate on interest income and capital gains to calculate the yield to maturity net of fees and taxes. Calculation results may vary depending on various factors, such as, but not limited to, fees and expenses, tax rate, timing of transaction, market fluctuations and portfolio composition. The yield to maturity simply corresponds to the annulaized yield of a bond that would be held by an investor until its maturity.
