TD Canadian Long Term Federal Bond ETF (TSX: TCLB)
Canada
· Delayed Price · Currency is CAD 116.10
+0.66 (0.57%)
Jul 3, 2024, 3:55 PM EDT
-2.20% (1Y)
| Assets | 1.79B |
| Expense Ratio | 0.23% |
| PE Ratio | n/a |
| Dividend (ttm) | 3.01 |
| Dividend Yield | 2.60% |
| Ex-Dividend Date | Jun 27, 2024 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| 1-Year Return | +0.78% |
| Volume | 24,800 |
| Open | 115.79 |
| Previous Close | 115.44 |
| Day's Range | n/a |
| 52-Week Low | 111.99 |
| 52-Week High | 124.87 |
| Beta | 1.00 |
| Holdings | 14 |
| Inception Date | Nov 19, 2019 |
About TCLB
The fund seeks to earn income through an actively-managed portfolio of semi-annual pay fixed rate bonds issued by the government of Canada. Such bonds are those with a maturity greater than 10 years to achieve an overall target duration of 15 years. From time to time, holdings may also include Canadian government bonds with 7-10 years maturities if deemed beneficial for the overall portfolio. The fund adviser utilizes an optimized approach that considers issue size and liquidity to determine investment opportunities. The portfolio is rebalanced on a quarterly basis to its target duration range.
Asset Class Fixed Income
Category Investment Grade
Stock Exchange Toronto Stock Exchange
Ticker Symbol TCLB
Provider TD
Performance
TCLB had a total return of 0.78% in the past year. Since the fund's inception, the average annual return has been 40.91%, including dividends.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | 0.880 CAD | Jul 8, 2024 |
| Mar 26, 2024 | 0.880 CAD | Apr 4, 2024 |
| Dec 28, 2023 | 0.42864 CAD | Jan 5, 2024 |
| Sep 27, 2023 | 0.825 CAD | Oct 5, 2023 |
| Jun 28, 2023 | 0.825 CAD | Jul 10, 2023 |
| Mar 29, 2023 | 0.825 CAD | Apr 6, 2023 |