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About Mackenzie Floating Rate Income ETF
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Inception date
Apr 19, 2016
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Mackenzie Financial Corp.
Distributor
Mackenzie Investments Corp.
ISIN
CA55453X1033
The fund actively invests in floating rate, high yield debt securities of issuers located anywhere in the world. This includes securities such as senior loans, floating rate notes, fixed-rate, high-yield corporate bonds, or other debt obligations. The adviser typically uses fundamental analysis to select investments for the portfolio. Constant reviews of the funds constituents enable a diversification of the issuers held in the portfolio by a number of factors, including industry and sector. while qualitative insights and quantitative tools are used to monitor the opportunities in foreign currencies. Foreign currency exposure may be hedged back to the Canadian dollar at the advisers discretion.
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
Loans
Corporate
Miscellaneous
Stocks0.00%
Industrial Services0.00%
Bonds, Cash & Other100.00%
Loans65.34%
Corporate12.97%
Miscellaneous11.19%
Cash8.95%
ETF0.64%
Government0.52%
Rights & Warrants0.39%
Stock breakdown by region
North America86.94%
Europe10.09%
Asia2.75%
Latin America0.23%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MFT invests in bonds. The fund's major sectors are Corporate, with 12.97% stocks, and Government, with 0.52% of the basket. The assets are mostly located in the N/A region.
MFT last dividends amounted to 0.11 CAD. The month before, the issuer paid 0.11 CAD in dividends,
MFT assets under management is 495.33 M CAD. It's fallen 6.52% over the last month.
MFT fund flows account for 5.93 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, MFT pays dividends to its holders with the dividend yield of 8.69%. The last dividend (Sep 9, 2025) amounted to 0.11 CAD. The dividends are paid monthly.
MFT shares are issued by Power Financial Corp. under the brand Mackenzie. The ETF was launched on Apr 19, 2016, and its management style is Active.
MFT expense ratio is 0.67% meaning you'd have to pay 0.67% of your investment to help manage the fund.
MFT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MFT invests in bonds.
MFT price has fallen by −1.03% over the last month, and its yearly performance shows a −4.50% decrease. See more dynamics on MFT price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.84% over the last month, showed a −0.32% decrease in three-month performance and has decreased by −1.20% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.84% over the last month, showed a −0.32% decrease in three-month performance and has decreased by −1.20% in a year.
MFT trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.