Brompton North American Financials Dividend ETF (TSX: BFIN)
Canada
· Delayed Price · Currency is CAD | Assets | 50.87M |
| Expense Ratio | 1.07% |
| PE Ratio | 13.45 |
| Dividend (ttm) | 1.18 |
| Dividend Yield | 5.55% |
| Ex-Dividend Date | Apr 29, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | 74.67% |
| 1-Year Return | +21.22% |
| Volume | n/a |
| Open | 21.25 |
| Previous Close | 21.49 |
| Day's Range | 20.80 - 21.25 |
| 52-Week Low | 16.80 |
| 52-Week High | 21.57 |
| Beta | 1.20 |
| Holdings | 24 |
| Inception Date | Oct 17, 2018 |
About BFIN
The fund is an actively managed fund that seeks stable monthly distributions, capital appreciation, and reduced volatility by investing in a concentrated portfolio of at least 15 large-cap, North American dividend-paying stocks in the financial services sector. Constituents are selected by the fund manager using a top-down analysis which comprises of various factors including macroeconomic and political conditions as well as sector fundamentals. In addition, each firms dividend growth potential, valuation, profitability, current dividend yield, balance sheet strength and liquidity are also considered. The fund manager may also invest up to 20% in other financial services-related firms or in global financial services companies. Call options are then written at the fund managers discretion in order to optimize earnings and to achieve lower overall portfolio volatility. The fund is an unhedged version of BFIN that trades in USD.
Performance
BFIN had a total return of 21.22% in the past year. Since the fund's inception, the average annual return has been 1.56%, including dividends.
Top 10 Holdings
61.82% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 8.13% |
| Berkshire Hathaway Inc. | BRK.B | 7.36% |
| Ameriprise Financial, Inc. | AMP | 6.98% |
| Manulife Financial Corporation | MFC | 6.03% |
| Bank of America Corporation | BAC | 5.73% |
| Synchrony Financial | SYF | 5.66% |
| Wells Fargo & Company | WFC | 5.60% |
| Morgan Stanley | MS | 5.52% |
| Royal Bank of Canada | RY | 5.44% |
| M&T Bank Corporation | MTB | 5.38% |
Dividend History
| Ex-Dividend | Amount |
|---|---|
| Apr 29, 2024 | 0.09833 CAD |
| Mar 27, 2024 | 0.09833 CAD |
| Feb 28, 2024 | 0.09833 CAD |
| Jan 30, 2024 | 0.09833 CAD |
| Dec 28, 2023 | 0.09833 CAD |
| Nov 29, 2023 | 0.09833 CAD |