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 Securities109
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Current Yield
(Before fees)6.0%
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, 2023Inception Date | August 10, 2015 |
Currency | CAD |
ETF AUM | $67.7 Million |
NAVPU | $7.78 |
Management Fee | 0.65% |
MER as of June 30, 2023 (unaudited) | 0.93% |
Liquidity | Daily |
RRSP Eligible | Yes |
Closing Market Price on TSX | $7.77 |
Portfolio Characteristics
Number of Securities | 109 |
Current Yield (%) | 6.0% |
Portfolio
Top 10 Holdings
Security | % of Fund |
---|---|
Cash & Equivalent | 3.1% |
TC Energy Corp Preferred | 2.8% |
Bank Of Montreal $1000 Preferred 7.057% | 2.7% |
Bank Of Montreal $1000 Preferred 7.37% | 2.6% |
Royal Bank Of Canada 4.5% Lrcn | 2.6% |
Canada 3Mth T-Bill (09/14/2023) | 2.5% |
TC Energy Corp Preferred | 2.4% |
CIBC $1000 Preferred 7.37% | 2.2% |
TD Bank $1000 Preferred 7.23% | 2.2% |
Altagas Ltd Preferred | 2.1% |
Total | 25.2% |
Performance
Inception Date
August 10, 2015
As of Date
August 31, 2023
Compound Returns
1 Month | 3 Months | YTD | 1 Year | 3 Year (Annualized) |
5 Year (Annualized) |
Since Inception (Annualized) |
|
ETF | -3.2% | -1.1% | -0.7% | -11.0% | 4.7% | -1.5% | 1.5% |
Benchmark | -4.2% | -1.6% | -2.7% | -12.3% | 0.8% | -1.3% | 1.6% |
Calendar Year Returns
Distributions
Distributions
Distribution Frequency | Monthly |
Most Recent Distribution per Unit | $0.0320 |
12-Month Trailing Distribution Yield | 4.9% |
Next Record Date | September 29, 2023 |
Next Distribution Date | October 10, 2023 |
Monthly Distributions
Record Date | Distribution Date | Distribution Rate/Unit |
---|---|---|
January 31, 2023 | February 10, 2023 | $0.0340 |
February 28, 2023 | March 10, 2023 | $0.0340 |
March 31, 2023 | April 10, 2023 | $0.0340 |
April 28, 2023 | May 10, 2023 | $0.0290 |
May 31, 2023 | June 12, 2023 | $0.0290 |
June 30, 2023 | July 10, 2023 | $0.0290 |
July 31, 2023 | August 10, 2023 | $0.0320 |
August 31, 2023 | September 11, 2023 | $0.0320 |
September 29, 2023 | October 10, 2023 | $0.0320 |
October 31, 2023 | November 10, 2023 | TBD |
November 30, 2023 | December 11, 2023 | TBD |
December 29, 2023 | January 10, 2024 | TBD |
Distributions ($)/Unit2 | YTD* | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|---|---|---|---|
Total Distributions | 0.2530 | 0.4110 | 0.3950 | 0.4290 | 0.4190 | 0.4145 | 0.7156 | 0.3730 | 0.1110 |
Interest | - | - | - | - | - | - | - | - | - |
Dividends | - | 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 |