LYZ920F

Lysander-Slater
Preferred Share Dividend Fund
Series F

Series
Key Documents
Fund Profile
Fund Facts
Prospectus
Lysander Funds Ltd.

Overview

  • Asset Class
    Preferred Shares
  • CIFSC Category
    Preferred Share Fixed Income
  • Risk Rating
    Medium
  • Number of Securities
    82
  • Current Yield
    5.6%

NAV

  • CAD $ NAV
    9.79
  • Change NAV $
    -0.01
  • Change NAV %
    -0.14
  • Date
    2025-11-18

Objectives

The Fund’s objective is to seek to generate income while preserving investor capital by investing primarily in preferred securities of Canadian issuers that are listed on a Canadian stock exchange.

Investment Focus

The funds objective is to seek to generate income while preserving investor capital by investing primarily in preferred securities of Canadian issuers that are listed on a Canadian stock exchange.

Fund Facts

October 31, 2025
Inception Date December 30, 2014
Currency CAD
Fund AUM $106.2 Million
NAVPU $9.83
Management Fee 0.75%
MER as of June 30, 2025 (unaudited) 0.95%
Minimum Initial Investment $500
Minimum Subsequent Investment $100
Liquidity Daily
RSP Eligible Yes
▲ The NAVs posted are post-distribution

Portfolio Characteristics

Number of Securities 82
Current Yield (%) 5.6%

Portfolio

Top 10 Holdings

Security % of Fund
TD Bank $1000 Preferred 7.23% 8.1%
Royal Bank $1000 Preferred 7.4% 7.3%
CIBC $1000 Preferred 7.337% 4.9%
Canada Treasury June 1, 2030 4.9%
Bank Of Montreal $1000 Preferred 7.057%        4.6%
Bank Of Nova Scotia 7.023% 4.5%
Bank Of Montreal $1000 Preferred 7.37%          4.4%
Canadian Dollar 3.9%
IAF $1000 Preferred 6.435% 3.4%
US Treasury Bond Jan 31, 2027 3.1%
Total 49.1%

Performance

Inception Date

December 30, 2014

As of Date

October 31, 2025

Compound Returns

1 Month 3 Months YTD 1 Year 3 Year
(Annualized)		 5 Year
(Annualized)		 10 Year
(Annualized)		 Since Inception
(Annualized)
Fund 1.4% 2.7% 9.3% 13.8% 12.6% 11.3% 5.5% 4.1%
Benchmark 2.2% 3.3% 14.4% 20.0% 13.8% 9.7% 6.3% 3.9%

Calendar Year Returns

Distributions

Distributions

Distribution Frequency Monthly
Most Recent Distribution per Unit $0.0291
12-Month Trailing Distribution Yield 4.7%
Next Record Date November 27, 2025
Next Distribution Date November 28, 2025

Monthly Distributions

Record Date Distribution Date
January 30, 2025 January 31, 2025
February 27, 2025 February 28, 2025
March 27, 2025 March 28, 2025
April 24, 2025 April 25, 2025
May 29, 2025 May 30, 2025
June 26, 2025 June 27, 2025
July 24, 2025 July 25, 2025
August 28, 2025 August 29, 2025
September 25, 2025 September 26, 2025
October 30, 2025 October 31, 2025
November 27, 2025 November 28, 2025
December 18, 2025 December 19, 2025
Lysander Funds 2025 Distribution Estimates
Distributions ($)/Unit2 YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total Distributions 0.3830 0.4450 0.3728 0.3243 0.3440 0.3525 0.3533 0.4238 0.4321 0.3228 0.1809
Interest - 0.0448 0.0083 0.0029 0.0036 - - - - - -
Dividends - 0.3519 0.3645 0.3213 0.2444 0.3525 0.3533 0.3174 0.3319 0.3228 0.1793
Capital Gains - - - - - - - 0.1064 0.1002 - -
Withholding Tax - - - - - - - - - - -
Return of Capital - 0.0483 - - 0.0961 - - - - - 0.0016
*The final tax character will be determined based on the Fund’s tax year end information.

Resources

Lysander Funds Limited is the investment fund manager of Lysander-Slater Preferred Share Dividend Fund (the “Fund”). This document is not an invitation to invest in the Fund and does not constitute a public offering of sale. Purchases in the Fund can only be made through an investment professional on the terms in the Fund’s offering document by eligible investors. Each purchaser of units in a fund may have statutory or contractual right of action. Please read the prospectus before investing. Commissions, trailing commissions, management fees and expenses all may be associated with investment funds.

The indicated rates of return are historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Investment funds are not guaranteed or insured, their values change frequently and past performance may not be repeated.

1TSX © Copyright 2025 TSX Inc. All Rights Reserved.

2Distributions are based on the actual number of units outstanding at the relevant time. Distributions are paid in cash or reinvested in additional units of the Fund. If the Fund's series’ net income/capital gains is less than the amounts distributed in the year, the distribution will include a return of capital. In these circumstances, if an investor elects to receive their distributions in cash and not reinvest such distributions, it is expected that the value of their investment will decline over time. Distributions are not an indication of performance, rate of return or yield.

®Lysander Funds is a registered trademark of Lysander Funds Limited.