(As of 10/31/2025)

Dynamic Preferred Yield Class Series A

(Preferred Share Fixed Income)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2023
2022
2021
2018



Inception Return
(4/10/2013)
5.09 %
YTD Return 13.90 %
NAVPS
(11/14/2025)
$10.00
Change ($0.03) / -0.32 %
Growth of $10,000 (As of October 31, 2025)
MER 1.56 %
Assets ($mil) $717.72
Rank (1Yr) 16/67
Std Dev (3Yr) 16.67 %
Volatility Ranking (3Yr) 6/10
RRSP Eligibility Yes
Load Choice of Front or No Load
Max Front End 5.00 %
Max Back End -
Sales Status Open
 
Objective
Dynamic Preferred Yield Class seeks to provide dividend income while preserving capital through investing primarily in preferred shares of companies across North America. Before a fundamental change is made to the investment objectives of the Fund, the prior approval of shareholders is required. This approval must be given by a resolution passed by a majority of the votes cast at a meeting of shareholders
Fund Manager

1832 Asset Management L.P.

Portfolio Manager

Marc-André Gaudreau, 1832 Asset Management L.P.

Sub-Advisor
-
 
Asset Allocation
(As of August 31, 2025)
Sector Allocation
(As of August 31, 2025)
Geographic Allocation
(As of August 31, 2025)
Top 10 Holdings
NameAssetSectorGeographicPercent
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada2.55%
Enbridge Inc 3.737% Series 3Canadian EquityEnergyCanada2.11%
iShares S&P/TSX Cdn Preferred Share Idx ETF (CPD)Canadian EquityExchange Traded FundCanada1.99%
TC Energy Corporation 3.903% First Preferred Series 7Canadian EquityEnergyCanada1.98%
Great-West Lifeco Inc 0.00% 31-Dec-2049Domestic BondsFixed IncomeCanada1.96%
TC Energy Corporation 3.479% First Preferred Series 1Canadian EquityEnergyCanada1.92%
Enbridge Inc 0.00% 31-Dec-2049Domestic BondsFixed IncomeCanada1.92%
Fortis Inc 3.913% Redeemable Series MCanadian EquityUtilitiesCanada1.79%
BCE Inc 2.954% First Preferred Series AKCanadian EquityTelecommunicationsCanada1.63%
TransAlta Corporation 4.027% First Preferred Series CCanadian EquityUtilitiesCanada1.62%

Performance Data (As of October 31, 2025)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 1.97 2.99 15.24 13.90 20.14 14.72 12.40 7.04
Benchmark 2.24 3.29 15.06 14.36 20.01 13.82 9.73 6.25
Quartile Ranking 2 3 2 2 1 2 1 2

Calendar Return (%) 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund 25.54 6.42 -16.02 26.46 4.86 3.34 -10.08 14.24 7.29 -7.45
Benchmark 24.70 5.90 -18.08 19.35 6.16 3.48 -7.93 13.62 6.98 -14.95
Quartile Ranking 2 2 2 1 4 3 4 2 3 2

Website powered by © Fundata Canada Inc.
Mutual Fund Data provided by Fundata. | View Terms and Conditions of Use.
BofA Merill Lynch Indices used with permission.
© 2025 Fundata Canada Inc. All rights reserved. | View Privacy Policy | Contact Us.