ETF / Preferred Share

TD Active Preferred Share ETF

Fund Code / Ticker Symbol
TPRF
Closing Price
as of Oct 31, 2024
$10.73

$-0.02  -0.19%

NAV
as of Oct 31, 2024
$10.69

$-0.04 -0.33%

MER
as of Jun 30, 2024
0.50%

Fund Overview

Risk Analysis

Fund Objectives

TD Active Preferred Share ETF seeks to earn a high level of income by investing primarily in Canadian listed preferred shares and to seek to add value or reduce risk by investing in other income-producing securities.

Investment Approach

The portfolio adviser seeks to achieve the fundamental investment objective of TD Active Preferred Share ETF primarily by investing in Canadian listed preferred shares. The TD ETF may also hold common shares, government and corporate bonds, and other income-producing securities. Preferred share investments will be concentrated in companies in the financial services, utility and energy sectors. The preferred shares held may have redemption, retraction or conversion rights. The TD ETF may invest in foreign securities to an extent that will vary from time to time but is not typically expected to exceed 5% of its assets at the time that foreign securities are purchased.

Key Facts

Portfolio Adviser
TD Asset Management Inc.
Category
Preferred Share Fixed Income
Benchmark
S&P/TSX Preferred Share TR Index

Benchmark Details

Max Mgmt Fee (%)
0.45
Total Fund Assets (Millions)**
(updated monthly) $306.00
Asset Class
Preferred Share
Eligibility for Registered Plans
Yes
Ex-Dividend Date
Oct 30, 2024
Record Date
Oct 30, 2024
Pay Date
Nov 6, 2024
Daily Volume
(updated daily) 5,300
Units Outstanding
(updated daily) 28,618,750

Performance Overview

Historical Performance (%)

Performance as of Sep 30, 2024
Inception Date: Nov 8, 2018

Calendar Performance (%)

Performance as of Sep 30, 2024

Portfolio Analysis

Asset Mix


  • Sector Mix

    All sectors may not add up to 100% due to rounding.

    Financial Services
    50.30%
    Energy
    22.10%
    Utilities
    16.60%
    Telecommunications
    4.20%
    Real Estate
    2.40%
    Industrial Goods
    2.00%
    Other
    1.30%
    Consumer Services
    1.20%
  • Fund Geography

    All regions may not add up to 100% due to rounding.

    Canada
    93.50%
    Latin America
    2.80%
    United States
    2.40%
    Other
    1.30%
  • Top Ten Holdings

    National Bank of Canada - Pfd Sr 30
    3.2%
    Canadian Imperial Bank Commerce - Pfd Cl A Sr 43
    3.18%
    Brookfield Renwbl Pwr Prf Eqty Inc - Pfd Cl A Sr 6
    2.99%
    Enbridge Inc - Pfd Sr 13
    2.23%
    TC Energy Corp - Pfd Sr 7
    2.22%
    National Bank of Canada - Pfd Sr 40
    2.14%
    Royal Bank of Canada - Pfd Sr BD
    1.86%
    Toronto-Dominion Bank - Pfd Sr 7
    1.81%
    Intact Financial Corp - Pfd Cl A Sr 3
    1.77%
    Brookfield Office Proprties Inc - Pfd Cl AAA Sr GG
    1.74%

  • Characteristics

    Number of Holdings
    (updated daily)
    139
    Weighted Avg.
    (updated monthly)
    Dividend Yield(%)
    5.56
    Return Beta
    1.04
  • Trading Information

    Ticker Symbol
    TPRF
    Exchange
    TSX
    Currency
    CAN
    Investment Program (Drip)
    Yes
    CUSIP#
    87808Q103
    SEDOL#
    NA
    ISIN
    CA87808Q1037

Fund documents and Resources

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Managers

VP & Director, Portfolio Manager, TDAM
Vice President, Portfolio Research, TDAM

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Important Fund Information

NOTE: THIS TD ETF profile (the "Profile") IS NOT A REGULATORY ETF FACTS DOCUMENT AND IS FOR INFORMATIONAL PURPOSES ONLY. In contrast, ETF Facts are prescribed documents that are updated annually or more frequently as required (i.e., if there is an amendment, etc.). To access the ETF Facts, please download it from the Fund Documents and Resources section of the digital fund card page.

The performance and portfolio analysis information displayed in the Profile may have different as of dates as indicated 

The information contained in this Profile is based on information available as at the date indicated on the Profile page and does not necessarily reflect subsequent changes in market conditions. This information has been drawn from sources believed to be reliable. Graphs and charts are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. This Profile does not provide financial, legal, tax or investment advise. Particular investment, tax, or trading strategies should be evaluated relative to each individual objectives and risk tolerance. 

The Growth Data Table represents a hypothetical investment of the ETF over the last 10 years, or from the last day of the since inception month for ETFs with less than 10 years of performance history.

The Top Ten Holdings may change due to ongoing portfolio transactions within the ETF.

The MER percentage is based on actual expenses reported in the ETF's most recent Semi-Annual or Annual Management Report of Fund Performance. expressed on an annualized basis. 

Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus and the ETF Facts before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. Index returns do not represent TD ETF returns. The indicated rates of return are the historical total returns for the periods including changes in unit value and reinvestment of all distributions and do not take into account redemption, commission charges or income taxes payable by any unitholder that would have reduced returns. Past performance may not be repeated.  

TD ETFs are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank.

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