Dynamic Active Crossover Bond ETF (DXO.TO)
19.20
-0.07
(-0.36%)
CAD |
TSX |
May 24, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.55% | -0.24% | 63.03M | -- |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 5.69% | 40.15% | 7.188M | Upgrade |
Basic Info
| Investment Strategy | |
| The fund seeks to provide interest income and the potential for some long-term capital growth by investing primarily in North American fixed income corporate securities that are rated close to the line dividing investment grade and highyield credit. Exposure to these types of fixed income securities will be obtained by investing directly in them, in securities of one or more Other Funds, and/or through the use of derivatives. To achieve its objective, DXO will invest primarily in fixed income corporate securities from North America that are close to the line dividing investment grade and high-yield credit in order to take advantage of market dynamics that tend to surround upgrades to investment grade and downgrades from investment grade. These include securities rated between BBB+ and BB- by nationally recognized credit agencies. DXO may also invest in a broader range of fixed income securities. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Low Quality/Moderate Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Fixed Income |
| Category Name | High Yield Fixed Income |
| Category Index | Morningstar Gbl HY Bd GR CAD |
| Global Category Name | Canada Fixed Income |
| YCharts Categorization | Canada Bond |
| YCharts Benchmark | Bloomberg Global Aggregate CAD (^BBGATRCAD) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Dynamic Funds |
| Prospectus Benchmark Index | |
| Bloomberg US CorpCrsOvr Bd HgdCAD TR CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBGATRCADH | 100.0% |
| Manager Tenure | |
| Marc-André Gaudreau | 7.28 yrs |
Performance Versus Category
As of May 24, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 24, 2024.
Basic Info
| Investment Strategy | |
| The fund seeks to provide interest income and the potential for some long-term capital growth by investing primarily in North American fixed income corporate securities that are rated close to the line dividing investment grade and highyield credit. Exposure to these types of fixed income securities will be obtained by investing directly in them, in securities of one or more Other Funds, and/or through the use of derivatives. To achieve its objective, DXO will invest primarily in fixed income corporate securities from North America that are close to the line dividing investment grade and high-yield credit in order to take advantage of market dynamics that tend to surround upgrades to investment grade and downgrades from investment grade. These include securities rated between BBB+ and BB- by nationally recognized credit agencies. DXO may also invest in a broader range of fixed income securities. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Low Quality/Moderate Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Fixed Income |
| Category Name | High Yield Fixed Income |
| Category Index | Morningstar Gbl HY Bd GR CAD |
| Global Category Name | Canada Fixed Income |
| YCharts Categorization | Canada Bond |
| YCharts Benchmark | Bloomberg Global Aggregate CAD (^BBGATRCAD) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Dynamic Funds |
| Prospectus Benchmark Index | |
| Bloomberg US CorpCrsOvr Bd HgdCAD TR CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBGATRCADH | 100.0% |
| Manager Tenure | |
| Marc-André Gaudreau | 7.28 yrs |