(As of 4/30/2025)

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)
4.08 %
YTD Return -1.16 %
NAVPS
(5/16/2025)
$9.25
Change $0.01 / 0.12 %
Growth of $10,000 (As of April 30, 2025)
MER 1.57 %
Assets ($mil) $623.84
Rank (1Yr) 27/63
Std Dev (3Yr) 16.67 %
Volatility Ranking (3Yr) 5/10
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 February 28, 2025)
Sector Allocation
(As of February 28, 2025)
Geographic Allocation
(As of February 28, 2025)
Top 10 Holdings
NameAssetSectorGeographicPercent
Fairfax Financial Holdings Limited 3.708% Series ICanadian EquityFinancial ServicesCanada2.37%
TC Energy Corporation 3.903% First Preferred Series 7Canadian EquityEnergyCanada2.03%
Enbridge Inc 3.737% Series 3Canadian EquityEnergyCanada1.89%
TC Energy Corporation 3.479% First Preferred Series 1Canadian EquityEnergyCanada1.78%
Fortis Inc 3.913% Redeemable Series MCanadian EquityUtilitiesCanada1.73%
Fairfax Financial Holdings Limited 2.962% Series GCanadian EquityFinancial ServicesCanada1.64%
Great-West Lifeco Inc - Pfd Sr GCanadian EquityFinancial ServicesCanada1.64%
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada1.57%
TransAlta Corporation 4.027% First Preferred Series CCanadian EquityUtilitiesCanada1.55%
BCE Inc 2.954% First Preferred Series AKCanadian EquityTelecommunicationsCanada1.48%

Performance Data (As of April 30, 2025)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -3.81 -3.32 4.25 -1.16 11.11 7.02 11.77 4.75
Benchmark -3.12 -2.80 4.30 -0.61 11.70 5.87 9.40 3.54
Quartile Ranking 4 3 1 3 2 1 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.