Dynamic Preferred Yield Class
DYN2900

This mutual fund is not available for purchase through TD Direct Investing as it carries a trailing commission. The mutual fund provider has posted an alternative that does not have a trailing commission which can be found on the summary page for DYN2903 and the fund's Fund Facts. TD Direct Investing is not responsible for the accuracy of that data.
  • NAV
    8.91
  • TODAY'S CHANGE (%)
    0.02 (0.25%)
  • Investment Style
    ---
  • 52 Week Range
    7.64
    8.99
  • Distribution Yield
    5.43%
  • MER
    1.57
  • AUM
    ---
  • RRSP Eligibility
    Yes
  • Load Type
    Front-end Load
  • Overall Morningstar Rating
    out of 86 funds

Search Criteria

Click on magnifying glass icon to search

CompanyCountrySymbol

Performance

Graph. See accessible table below

Analyst Report

No reports available

Calendar Year Total Returns

YearFundBest-Fit IndexCategory
As of 2024-10-31
2023
+6.42%
+5.90%
+5.96%
2022
-16.02%
-18.08%
-17.08%
2021
+26.46%
+19.35%
+20.34%
2020
+4.86%
+6.16%
+5.17%
2019
+3.34%
+3.48%
+3.91%

Holdings Diversification

Asset Class
Other		95.0%
Cash		2.6%
Fixed Income		2.4%
CDN Equity		0
Int'l Equity		0
US Equity		0
Sectors
No data available
Geographic Region
No data available
As of 2024-11-23

Top 10 Holdings

Company NamePositionAllocation
Allocation
1 Month Change
Market Value
The Toronto-Dominion Bank Non Cum Red Pfd Registered Shs Series -5-
Long
2.1%
-0.96%
$15.0M
Manulife Financial Corporation, 3.80%, Non-Cumulative, Class 1, Series 17
Long
2.0%
+6.54%
$14.0M
Fairfax Financial Holdings Limited, 3.708%, Series "i"
Long
1.8%
+9.11%
$12.6M
Tc Energy Corporation, 3.903%, First Preferred, Series 7
Long
1.8%
-0.94%
$12.6M
The Toronto-Dominion Bank 5.75%
Long
1.8%
-9.90%
$12.5M
ENB.PR.Y
Enbridge Inc Cum Red Pref Registered Shs Series -3-
Long
1.7%
0.00%
$12.2M
Fortis Inc., 3.913%, Redeemable, Series "m"
Long
1.7%
0.00%
$11.8M
GWO.PR.G
Great-West Lifeco Inc 5.2 % Non Cum 1st Pfd Registered Shs Series -G-
Long
1.5%
0.00%
$10.2M
Transalta Corporation, 4.027%, First Preferred, Series "c"
Long
1.4%
+6.67%
$9.7M
Cenovus Energy Inc., 6.05%, First Preferred, Series "5"
Long
1.4%
+1.27%
$9.7M
As of 2024-11-22
Fund Profile
Best Fit Index
S&P/TSX Preferred Share TR
Category
Preferred Share Fixed Income
Sponsor
1832 Asset Management L.P
Inception
April 10, 2013
As of 2024-07-31

The Class seeks to provide dividend income while preserving capital through investing primarily in preferred shares of companies across North America.

Holding Details
Total Net Assets$149.1M
Annual Portfolio Turnover26.37%
Equity Style
---
Credit Quality / Duration
---
Tax-Adjusted Rating
FUND IS OPEN TO NEW INVESTORS
Initial Investment(s)$500
Subsequent Investment(s)$100
Initial RRSP Investment(s)$500
Subsequent RRSP Investment(s)$100
Fees & Expenses
Maximum Initial Sales Fees---
Maximum Deferred Sales Fees---
Actual Management Fee1.30%
Actual Mgmt. Expense Ratio (MER)1.57%
Load TypeFront-end Load

Morningstar Ratings

Time HorizonStar Rating
Tax-Adjusted Rating
Overall
Out of 86 Funds
3 Year
Out of 86 Funds
5 Year
Out of 86 Funds
10 Year
Out of 86 Funds
As of 2024-10-31

Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar Rating) metrics.

Style Box is calculated only using the long position holdings of the portfolio.

Management & Contact

Contact Information

1832 Asset Management L.P
1 Adelaide Street East 29th Floor
Toronto ON Canada M5C 2V9
Tel: 416 363 5621
Fax: 416 363 4179
Portfolio Manager since April 02, 2013
Marc-André Gaudreau