NBI Active Canadian Preferred Shares ETFNBI Active Canadian Preferred Shares ETFNBI Active Canadian Preferred Shares ETF

NBI Active Canadian Preferred Shares ETF

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Key stats


Assets under management (AUM)
‪152.28 M‬CAD
Fund flows (1Y)
‪−19.10 M‬CAD
Dividend yield (indicated)
4.62%
Discount/Premium to NAV
0.4%
Shares outstanding
‪5.88 M‬
Expense ratio
0.58%

About NBI Active Canadian Preferred Shares ETF


Brand
NBI
Inception date
Feb 8, 2019
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Primary advisor
National Bank Investments, Inc.
ISIN
CA62877E1097
The fund aims to generate tax-efficient dividend income while focusing on capital preservation through an actively-managed portfolio of preferred shares and other income-producing securities of Canadian companies. Portfolio holdings could also include Canadian and foreign equities, fixed-income securities, and income trusts. Security selection process is based on knowledge of the company, its industry, and its growth prospects. The process is done through fundamental research, and consideration of quantitative and technical factors by the sub-advisor. Final selection and weighting are determined through a credit analysis for each security, and an assessment of the risk profiles, relative performance, and general economic conditions. Overall foreign exposure is capped at 10% of the funds asset. The fund may also invest less than 10% of its assets in other funds, including ETFs, managed by the sub-advisor.

Classification


Asset Class
Fixed income
Category
Corporate, preferred
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Geography
Canada
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of September 6, 2025
Exposure type
StocksBonds, Cash & Other
Corporate
Stocks0.70%
Industrial Services0.70%
Bonds, Cash & Other99.30%
Corporate89.92%
Government8.27%
Miscellaneous0.99%
Cash0.11%
Stock breakdown by region
100%
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


NPRF invests in bonds. The fund's major sectors are Corporate, with 89.92% stocks, and Government, with 8.27% of the basket. The assets are mostly located in the North America region.
NPRF last dividends amounted to 0.10 CAD. The month before, the issuer paid 0.10 CAD in dividends,
NPRF assets under management is ‪152.28 M‬ CAD. It's risen 2.45% over the last month.
NPRF fund flows account for ‪−19.10 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, NPRF pays dividends to its holders with the dividend yield of 4.62%. The last dividend (Aug 29, 2025) amounted to 0.10 CAD. The dividends are paid monthly.
NPRF shares are issued by National Bank of Canada under the brand NBI. The ETF was launched on Feb 8, 2019, and its management style is Active.
NPRF expense ratio is 0.58% meaning you'd have to pay 0.58% of your investment to help manage the fund.
NPRF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NPRF invests in bonds.
NPRF price has risen by 0.85% over the last month, and its yearly performance shows a 12.44% increase. See more dynamics on NPRF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.80% over the last month, showed a 6.28% increase in three-month performance and has increased by 17.55% in a year.
NPRF trades at a premium (0.39%) meaning the ETF is trading at a higher price than the calculated NAV.