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About NBI Active Canadian Preferred Shares ETF
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Inception date
Feb 8, 2019
Structure
Canadian Mutual Fund Trust (ON)
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
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
Stocks0.70%
Industrial Services0.70%
Bonds, Cash & Other99.30%
Corporate92.25%
Government6.77%
Miscellaneous1.01%
Cash−0.73%
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
NPRF invests in bonds. The fund's major sectors are Corporate, with 92.25% stocks, and Government, with 6.77% 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 151.98 M CAD. It's risen 0.63% over the last month.
NPRF fund flows account for −20.26 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 4.67%. The last dividend (Sep 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 0.23% over the last month, and its yearly performance shows a 12.20% increase. See more dynamics on NPRF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.79% over the last month, showed a 4.95% increase in three-month performance and has increased by 17.83% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.79% over the last month, showed a 4.95% increase in three-month performance and has increased by 17.83% in a year.
NPRF trades at a premium (0.24%) meaning the ETF is trading at a higher price than the calculated NAV.