We’ve just launched a new portal to help you explore stocks, crypto, ETFs, and more data

DXP

TSX
23.61000 CAD
0.11
0.47%
Last update May 23, 3:55 PM EDT
Market closed
Day range
23.37000
23.61000
Previous close
23.5
Open
23.37000
Access this ETF data via API
Subscribe
Dynamic Active Preferred Share Fund
23.61
0.11
0.47%

Overview

Description

The Dynamic Active Preferred Share Fund is a type of exchange-traded fund (ETF) with a primary focus on preferred shares. This asset aims to provide investors with income through dividends while potentially offering capital appreciation. The fund actively manages a diverse portfolio of preferred stocks, predominantly targeting North American companies in various sectors, including financials, utilities, and real estate. Its active management strategy allows the fund to adjust holdings based on market conditions, interest rate fluctuations, and issuer credit quality. As a result, it can optimize income yields and manage risks effectively. The fund plays a significant role in the financial market by offering investors exposure to preferred shares, which are a hybrid between stocks and bonds, typically providing higher dividends than common stocks and exhibiting less volatility than equities. By holding a diversified mix of preferred shares, the Dynamic Active Preferred Share Fund allows investors to gain access to a stable income source with potential for long-term growth.

About

Address
Phone
Website
Instrument type
ETF
Country
Canada
MIC code
XTSE
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 5 hours 35 minutes

02:24
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/Toronto timezone (EDT, UTC-04:00).