CIBC Active Investment Grade Corporate Bond ETF (TSX: CACB)
Canada
· Delayed Price · Currency is CAD | Assets | 1.37B |
| Expense Ratio | 0.40% |
| PE Ratio | n/a |
| Dividend (ttm) | 0.79 |
| Dividend Yield | 4.06% |
| Ex-Dividend Date | Jun 28, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| 1-Year Return | +1.94% |
| Volume | 26,002 |
| Open | 19.41 |
| Previous Close | 19.35 |
| Day's Range | n/a |
| 52-Week Low | 18.17 |
| 52-Week High | 19.77 |
| Beta | 1.01 |
| Holdings | 10 |
| Inception Date | Jan 16, 2019 |
About CACB
The fund provides exposure mainly to Canadian investment-grade,floating-rate bondsfrom the government orcompaniesthat are perceived to outperform. Using a bottom-up analysis of issuers and a top-down analysis of sectors, the fund focuses on issuer-specific fundamentals and quantitative modeling of valuations and liquidity to select securities. Both technical and fundamental analyses are used to position their average term to maturity. Macroeconomic variables and technical interest rate analysis are also used to draw conclusions about future economic growth and the direction of interest rates. As an actively managed ETF, the fund may depart temporarily from its fundamental investment objectives at their discretion. The fund may from time-to-time invest in securitiesbyforeign issuers of up 30% and high-yield debt securities of no more than 10%.
Performance
CACB had a total return of 1.94% in the past year. Since the fund's inception, the average annual return has been -0.64%, including dividends.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 28, 2024 | 0.071 CAD | Jul 4, 2024 |
| May 31, 2024 | 0.070 CAD | Jun 5, 2024 |
| Apr 29, 2024 | 0.067 CAD | May 3, 2024 |
| Mar 27, 2024 | 0.066 CAD | Apr 3, 2024 |
| Feb 28, 2024 | 0.066 CAD | Mar 5, 2024 |
| Jan 30, 2024 | 0.067 CAD | Feb 5, 2024 |