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 Securities108
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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
July 31, 2023Inception Date | August 10, 2015 |
Currency | CAD |
ETF AUM | $71.4 Million |
NAVPU | $8.08 |
Management Fee | 0.65% |
MER as of June 30, 2023 (unaudited) | 0.93% |
Liquidity | Daily |
RRSP Eligible | Yes |
Closing Market Price on TSX | $8.05 |
Portfolio Characteristics
Number of Securities | 108 |
Current Yield (%) | 6.0% |
Portfolio
Top 10 Holdings
Security | % of Fund |
---|---|
CANADA 3MTH T-Bill (09/14/2023) | 3.4% |
TC ENERGY CORP PREFERRED | 2.8% |
BANK OF MONTREAL $1000 PREFERRED 7.057% | 2.5% |
BANK OF MONTREAL $1000 PREFERRED 7.37% | 2.4% |
TC ENERGY CORP PREFERRED | 2.4% |
ROYAL BANK OF CANADA 4.5% LRCN | 2.4% |
CANADA 3MTH T-Bill (08/17/2023) | 2.4% |
CENOVUS ENERGY INC PREFERRED | 2.1% |
CIBC $1000 PREFERRED 7.37% | 2.1% |
ALTAGAS LTD PREFERRED | 2.1% |
Total | 24.7% |
Performance
Inception Date
August 10, 2015
As of Date
July 31, 2023
Compound Returns
1 Month | 3 Months | YTD | 1 Year | 3 Year (Annualized) |
5 Year (Annualized) |
Since Inception (Annualized) |
|
ETF | 1.2% | -0.3% | 2.6% | -6.9% | 7.3% | -0.7% | 2.0% |
Benchmark | 1.4% | -0.9% | 1.6% | -7.4% | 3.7% | -0.3% | 2.1% |
Calendar Year Returns
Distributions
Distributions
Distribution Frequency | Monthly |
Most Recent Distribution per Unit | $0.0320 |
12-Month Trailing Distribution Yield | 4.7% |
Next Record Date | August 31, 2023 |
Next Distribution Date | September 11, 2023 |
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 | $0.0350 |
April 30, 2024 | May 10, 2024 | TBD |
May 31, 2024 | June 10, 2024 | TBD |
June 28, 2024 | July 10, 2024 | TBD |
July 31, 2024 | August 12, 2024 | TBD |
August 30, 2024 | September 10, 2024 | TBD |
September 29, 2024 | October 10, 2024 | TBD |
October 31, 2024 | November 11, 2024 | TBD |
November 29, 2024 | December 10, 2024 | TBD |
December 31, 2024 | January 10, 2025 | TBD |
Distributions ($)/Unit2 | YTD* | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|---|---|---|---|
Total Distributions | 0.2210 | 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 |