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About Mulvihill Canadian Bank Enhanced Yield ETF Trust Units
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Inception date
Feb 24, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Mulvihill Capital Management, Inc.
ISIN
CA62580L1013
The fund aims to provide long-term capital appreciation by investing in stocks of Canadian banks. These banks include Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada,and The Toronto-Dominion Bank. The fund writes call and put options on a portion of its portfolio and engages in securities lending to generate additional returns. Additionally, it utilizes up to 25% leverage in an attempt to enhance dividend yields. CBNK pays monthly distributions with a 7% yield target per annum.
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
Finance
Stocks91.00%
Finance91.00%
Bonds, Cash & Other9.00%
Mutual fund5.79%
Government2.65%
Cash0.56%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
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
CBNK top holdings are National Bank of Canada and Royal Bank of Canada, occupying 16.27% and 15.38% of the portfolio correspondingly.
CBNK last dividends amounted to 0.06 CAD. The month before, the issuer paid 0.06 CAD in dividends,
CBNK assets under management is 116.77 M CAD. It's risen 6.04% over the last month.
CBNK fund flows account for −22.38 M CAD (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, CBNK pays dividends to its holders with the dividend yield of 7.09%. The last dividend (Sep 5, 2025) amounted to 0.06 CAD. The dividends are paid monthly.
CBNK shares are issued by Mulvihill Capital Management, Inc. under the brand Mulvihill. The ETF was launched on Feb 24, 2022, and its management style is Active.
CBNK expense ratio is 2.36% meaning you'd have to pay 2.36% of your investment to help manage the fund.
CBNK follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CBNK invests in stocks.
CBNK price has risen by 6.24% over the last month, and its yearly performance shows a 29.87% increase. See more dynamics on CBNK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.98% over the last month, showed a 16.57% increase in three-month performance and has increased by 43.58% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.98% over the last month, showed a 16.57% increase in three-month performance and has increased by 43.58% in a year.
CBNK trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.