Overview
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Asset ClassPreferred Shares
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CIFSC CategoryPreferred Share Fixed Income
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Risk RatingMedium
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Number of Securities88
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Current Yield
(Before fees)5.7%
Objectives
The ActivETF seeks to generate income while preserving investor capital by investing primarily in preferred shares of Canadian entities that are listed on a Canadian stock exchange.
Investment Focus
The ETF seeks to generate income while preserving investor capital by investing primarily in preferred securities of Canadian issuers that are listed on a Canadian stock exchange.
ETF Facts
August 31, 2024Inception Date | August 10, 2015 |
Currency | CAD |
ETF AUM | $84.2 Million |
NAVPU | $9.63 |
Management Fee | 0.65% |
MER as of June 30, 2024 (unaudited) | 0.90% |
Liquidity | Daily |
RSP Eligible | Yes |
Closing Market Price on TSX | $9.60 |
Portfolio Characteristics
Number of Securities | 88 |
Current Yield (%) | 5.7% |
Portfolio
Top 10 Holdings
Security | % of Fund |
---|---|
Royal Bank Of Canada $1000 Preferred 7.408% | 6.4% |
Bank Of Montreal $1000 Preferred 7.057% | 4.4% |
Bank Of Montreal $1000 Preferred 7.37% | 4.4% |
Toronto Dominion Preferred | 4.0% |
Cibc $1000 Preferred 7.337% | 4.0% |
Cibc $1000 Preferred 7.365% | 4.0% |
Purpose Higher Interest Etf (Psa) | 3.9% |
Toronto Dominion $1000 Preferred 5.75% | 3.0% |
Royal Bank Of Canada $1000 Preferred 6.698% | 2.1% |
Tc Energy Preferred | 2.1% |
Total | 38.3% |
Performance
Inception Date
August 10, 2015
As of Date
August 31, 2024
Compound Returns
1 Month | 3 Months | YTD | 1 Year | 3 Year (Annualized) |
5 Year (Annualized) |
Since Inception (Annualized) |
|
ETF | 1.7% | 3.8% | 19.0% | 29.8% | 2.7% | 8.2% | 4.3% |
Benchmark | 2.7% | 5.0% | 19.9% | 30.5% | 2.2% | 7.2% | 4.4% |
Calendar Year Returns
Distributions
Distributions
Distribution Frequency | Monthly |
Most Recent Distribution per Unit | $0.0350 |
12-Month Trailing Distribution Yield | 4.4% |
Next Record Date | September 27, 2024 |
Next Distribution Date | October 10, 2024 |
Monthly Distributions
Record Date | Distribution Date | Distribution Rate/Unit |
---|---|---|
January 31, 2024 | February 12, 2024 | $0.0350 |
February 29, 2024 | March 11, 2024 | $0.0350 |
March 28, 2024 | April 10, 2024 | $0.0350 |
April 30, 2024 | May 10, 2024 | $0.0350 |
May 31, 2024 | June 10, 2024 | $0.0350 |
June 28, 2024 | July 10, 2024 | $0.0350 |
July 31, 2024 | August 12, 2024 | $0.0350 |
August 30, 2024 | September 10, 2024 | $0.0350 |
September 27, 2024 | October 10, 2024 | $0.0350 |
October 31, 2024 | November 11, 2024 | TBD |
November 29, 2024 | December 10, 2024 | TBD |
December 31, 2024 | January 10, 2025 | TBD |
Distributions ($)/Unit2 | YTD* | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|---|---|---|---|---|
Total Distributions | 0.2800 | 0.3971 | 0.4110 | 0.3950 | 0.4290 | 0.4190 | 0.4145 | 0.7156 | 0.3730 | 0.1110 |
Interest | - | 0.0234 | - | - | - | - | - | - | - | - |
Dividends | - | 0.3737 | 0.3393 | 0.3050 | 0.3847 | 0.3726 | 0.3225 | 0.2692 | 0.3590 | 0.1050 |
Capital Gains | - | - | - | - | - | - | 0.0596 | 0.4365 | - | - |
Withholding Tax | - | - | - | - | - | - | - | - | - | - |
Return of Capital | - | - | 0.0717 | 0.0900 | 0.0443 | 0.0464 | 0.0324 | 0.0099 | 0.0140 | 0.0060 |