Key stats
About North Square RCIM Tax-Advantaged Preferred and Income Securities ETF
Home page
Inception date
Dec 19, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
North Square Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US3014711085
QTPI is an actively managed ETF focused on investing in preferred securities eligible for favorable US federal income tax treatment, such as qualified dividend income (QDI) and qualified dividends from REITs (QRD). The fund targets various preferred securities, including fixed, floating, and variable rate securities, convertible and REIT preferred securities, contingent convertibles, and junior subordinated debt from corporate issuers and financial institutions. The primary investment strategy is to maximize after-tax yield using a proprietary quantitative credit screen to minimize default risk and optimize value. The sub-adviser evaluates qualitative factors to choose issuers and assesses individual securities for duration, coupon structure, and fit within the risk framework. Exposure to any single issuer is capped at 10% of net assets. The fund anticipates low portfolio turnover to maintain QDI and QRD tax benefits and invests in US and foreign preferred securities denominated in US dollars.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate93.80%
Cash3.18%
Structured3.02%
Stock breakdown by region
North America84.60%
Europe15.40%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QTPI top holdings are Wells Fargo & Company Depositary Shs Repr 1/25th Non-Cum Perp Pfd Shs Series -EE- and Goldman Sachs Group, Inc. Bonds 2023-Without fixed maturity Variable Rate, occupying 3.43% and 3.41% of the portfolio correspondingly.
QTPI last dividends amounted to 0.11 USD. The year before, the issuer paid 0.09 USD in dividends, which shows a 15.49% increase.
QTPI assets under management is 17.30 M USD. It's risen 4.90% over the last month.
QTPI fund flows account for 16.81 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, QTPI pays dividends to its holders with the dividend yield of 4.44%. The last dividend (Sep 2, 2025) amounted to 0.11 USD. The dividends are paid annually.
QTPI shares are issued by NSI Holdings, Inc. under the brand North Square. The ETF was launched on Dec 19, 2024, and its management style is Active.
QTPI expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
QTPI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QTPI invests in bonds.
QTPI price has risen by 0.12% over the last month, and its yearly performance shows a 1.72% increase. See more dynamics on QTPI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.65% over the last month, showed a 2.79% increase in three-month performance and has increased by 5.06% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.65% over the last month, showed a 2.79% increase in three-month performance and has increased by 5.06% in a year.
QTPI trades at a premium (0.20%) meaning the ETF is trading at a higher price than the calculated NAV.