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About CIBC Canadian Government Long-Term Bond ETF Trust Units
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Inception date
May 14, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
CIBC Asset Management, Inc.
ISIN
CA17164M1077
The fund aims for a high level of income through an actively managed and diversified portfolio of Canadian government bonds. The portfolio mainly holds investment grade bonds and will have a weighted average term of between nine and 25 years. It can include federal, provincial, and municipal bonds. The investment process employs technical and fundamental analysis to determine the portfolios average term-to-maturity, reviewing macroeconomic variables and applying technical interest rate analysis. Security selection is based on issuer-specific fundamentals and quantitative modeling of valuations and liquidity. The fund may engage in securities lending or use derivatives to manage risks. As an actively managed ETF, the fund manager has the discretion to deviate from its stated investment objectives to protect assets during a market downturn or for any other reason at any time.
Classification
Returns
1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
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Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CALB last dividends amounted to 0.05 CAD. The month before, the issuer paid 0.04 CAD in dividends, which shows a 18.37% increase.
Yes, CALB pays dividends to its holders with the dividend yield of 2.45%. The last dividend (Sep 4, 2025) amounted to 0.04 CAD. The dividends are paid monthly.
CALB shares are issued by Canadian Imperial Bank of Commerce under the brand CIBC. The ETF was launched on May 14, 2025, and its management style is Active.
CALB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.