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About DYNAMIC ACTIVE US INVESTMENT GRADE UNIT
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Inception date
Oct 24, 2023
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Primary advisor
1832 Asset Management LP
The fund provides exposure to USD-denominated, investment grade corporate bonds. The portfolio construction starts with a disciplined bottom-up approach designed to select individual securities based on their credit quality. A top-down investment approach is also applied to analyze sectors and macroeconomic factors. The adviser actively manages the portfolio’s duration, yield curve exposure, as well as sector and individual security weightings in each segment of the credit cycle. In addition, the fund adviser may: i) employ hedging strategies to generate positive returns or to protect the portfolio against currency, interest rate, and credit risks, ii) engage in active trading, iii) select securities with attractive roll-down characteristics as they approach maturity, and iv) hold cash or cash equivalents for strategic reasons.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate93.21%
Government6.79%
Cash−0.00%
Stock breakdown by region
North America93.57%
Europe5.50%
Middle East0.94%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DXBU invests in bonds. The fund's major sectors are Corporate, with 93.21% stocks, and Government, with 6.79% of the basket. The assets are mostly located in the North America region.
DXBU last dividends amounted to 0.09 CAD. The month before, the issuer paid 0.08 CAD in dividends, which shows a 10.34% increase.
DXBU assets under management is 38.39 M CAD. It's risen 0.98% over the last month.
DXBU fund flows account for 14.12 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DXBU pays dividends to its holders with the dividend yield of 4.81%. The last dividend (May 30, 2025) amounted to 0.09 CAD. The dividends are paid monthly.
DXBU shares are issued by The Bank of Nova Scotia under the brand Dynamic. The ETF was launched on Oct 24, 2023, and its management style is Active.
DXBU follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DXBU invests in bonds.
DXBU price has fallen by −0.56% over the last month, and its yearly performance shows a 0.33% increase. See more dynamics on DXBU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.08% over the last month, showed a −0.72% decrease in three-month performance and has increased by 5.75% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.08% over the last month, showed a −0.72% decrease in three-month performance and has increased by 5.75% in a year.
DXBU trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.