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DXP

NEO
24.28000 CAD
0.05
0.21%
Last update Jun 24, 3:22 PM EDT
Market closed
Day range
24.26000
24.28000
Previous close
24.23000
Open
24.26000
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Dynamic Active Preferred Shares
24.28
0.05
0.21%

Overview

Description

Dynamic Active Preferred Shares is an actively managed investment vehicle focusing on preferred stocks. This asset seeks to offer investors a dynamic approach to preferred stock investing by adjusting its exposures based on changing market conditions and opportunities. The primary function of Dynamic Active Preferred Shares is to generate a consistent income stream for investors, leveraging the typically higher yields associated with preferred shares compared to common stock dividends. A notable feature of this asset is its active management strategy, allowing it to assess and adapt to market trends, credit quality changes, and interest rate fluctuations to optimize returns and manage risk effectively. It plays a crucial role in the fixed-income sector of financial markets, offering income-focused investors a diversified option that emphasizes stability and growth potential. This asset is significant for those looking to diversify their income-generating holdings while maintaining exposure to the hybrid characteristics of preferred stocks that offer both equity and fixed-income features. Its active management aims to navigate the complexities of the market, appealing to investors who seek balance between yield and risk mitigation.

About

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

Exchange is currently closed
Pre-market opens in 3 hours 29 minutes

04:30
00:00
09:30
16:00
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).