Annualized Distribution Yield The most recent regular distribution (excluding additional year end distributions) annualized for frequency, divided by current NAV
As at May 9, 2024
4.42%
HPR seeks to provide dividend income while preserving capital by actively investing primarily in preferred shares of Canadian companies.
With the flexibility to invest in preferred shares of Canadian and US companies, fixed-income securities of Canadian and US issuers, as well as Canadian equity securities and ETFs that issue index participation units, HPR offers a diversified portfolio designed to enhance risk-adjusted returns and reduce overall portfolio volatility.
While each security in HPR's portfolio undergoes extensive independent analysis by the team at Sub-Advisor Fiera Capital, HPR itself is not constrained by an index methodology, as Fiera Capital can choose which preferred shares to buy or sell, and when to buy or sell them.
NAV
$8.70
$0.0008
0.01%
Volume Real-time volume on the Toronto Stock Exchange only
8,700
Price
$8.69
$0.02
0.23%
Last Close
$8.67
Annualized Distribution Yield The most recent regular distribution (excluding additional year end distributions) annualized for frequency, divided by current NAV
4.42%
Prices delayed by 15 minutes.
Last Trade: May 10, 2024Risk Rating: Risk Rating is based on how much the ETF's returns have changed from year to year. It doesn't tell you how volatile the ETF will be in the future. The rating can change overtime. An ETF with a low risk rating can still lose money.
Medium
Ticker
HPR
CUSIP
37892R103
Inception Date
November 22, 2010
Net Assets The value of all assets, less the value of all liabilities, at a particular point in time. (Includes all classes of this ETF)
$1,072,108,381
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
417,752
Average Daily Trading Volume Over a 12 Month Period The ETF’s aggregate average daily trading volume over a 12 month period traded on all Canadian exchanges
466,466
Exchange
Toronto Stock Exchange
Investment Manager
Global X Investments Canada Inc.
Sub-Advisor
Fiera Capital Corporation
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.55% (Plus applicable sales tax)
Management Expense Ratio Management expense ratio (“MER”) is based on total expenses, including sales tax, (excluding commissions and other portfolio transaction costs) for the stated period for each ETF and is expressed as an annualized percentage of each ETF’s daily average net asset value during the period. Out of its management fees, the Manager pays for such services to the ETF as investment manager compensation, service fees and marketing.
0.62% As at December 31, 2023
Trading Expense Ratio The trading expense ratio (“TER”) represents total commissions and other portfolio transaction costs incurred by each ETF expressed as an annualized percentage of each ETF’s daily average net asset value during the period.
0.03% As at December 31, 2023
Currency
CAD
Currency Hedging
N/A
LEI The LEI is the Legal Entity Identifier, which is an identification code under international standards for the accurate identification of legal entities like the ETF.
549300UYRSEMRLH9FA96
As at April 30, 2024
Most Recent Distributions per Unit
$0.03200
Annualized Distribution Yield
4.42%
12-Month Trailing Yield The yield an investor would have received if they had held the ETF over the last twelve months stated as a percentage of the net asset value per unit on the last business day of the most recent month end
4.82%
Distribution Frequency
Monthly
Record Date
April 30, 2024
As at May 10, 2024
NAV / Unit
$8.70
Closing Price
$8.66
Premium Discount
$-0.04
Premium Discount Percentage
-0.42%
Outstanding Shares
123,295,729
As at April 30, 2024
Weighted Average Duration
4.05
Weighted Average Yield to Maturity
5.43
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
|
dates |
1 mo | 3 mo | 6 mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR* |
|---|---|---|---|---|---|---|---|---|---|
| Global X Active Preferred Share ETF | 2.01 | 6.97 | 25.89 | 14.49 | 20.15 | 2.75 | 6.07 | 3.17 | 3.56 |
| 1.22 | 4.86 | 22.46 | 10.96 | 14.60 | 1.13 | 4.49 | 2.07 | 2.49 |
*Fund performance since inception on November 22, 2010, as at April 30, 2024
|
dates |
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Global X Active Preferred Share ETF | 8.83 | 15.52 | -9.98 | 2.35 | 6.19 | 24.57 | -18.96 | 7.50 |
| 6.98 | 13.62 | -7.93 | 3.48 | 6.16 | 19.35 | -18.08 | 5.91 |
| Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Distribution Period |
|---|---|---|---|---|
| April 29, 2024 | April 30, 2024 | May 7, 2024 | 0.03200 | Monthly |
| March 27, 2024 | March 28, 2024 | April 5, 2024 | 0.03400 | Monthly |
| February 28, 2024 | February 29, 2024 | March 7, 2024 | 0.03400 | Monthly |
| January 30, 2024 | January 31, 2024 | February 7, 2024 | 0.03400 | Monthly |
As at April 30, 2024
Category
Weight
Financials
49.02%
Energy
24.21%
Utilities
14.07%
Communication
7.37%
Cash & Equivalents
3.67%
Real Estate
0.68%
Consumer Service
0.01%
Holdings are subject to change.
As at April 30, 2024
Category
Weight
Cash
3.67%
P2
49.13%
P3
40.11%
P4 or lower & N.R.
1.05%
Other
6.04%
Holdings are subject to change.
As at April 30, 2024
Category
Weight
Hybrid
6.79%
Fixed-Floating
77.79%
Floating Rate
1.62%
Perpetual
14.89%
Holdings are subject to change.
As at March 31, 2024
Security Name
Weight
Bank of Montreal - Pfd Cl B Sr 29
2.97%
Enbridge Inc - Pfd Cl A Sr 3
2.32%
Canadian Imperial Bank Commerce - Pfd Cl A Sr 43
2.24%
Royal Bank of Canada - Pfd Sr BD
2.09%
Toronto-Dominion Bank - Pfd Cl B Sr 3
2.02%
Toronto-Dominion Bank - Pfd Sr 7
1.86%
Pembina Pipeline Corp - Pfd Cl A Sr 9
1.81%
Toronto-Dominion Bank - Pfd Cl A Sr 5
1.73%
Toronto-Dominion Bank - Pfd Cl A Sr 1
1.71%
Great-West Lifeco Inc - Pfd Sr H
1.70%
Holdings are subject to change.