Key stats
About PICTON MAHONEY FORTFID INCME AL FD ETF UNIT
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Inception date
Jul 5, 2019
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Picton Mahoney Asset Management
The fund will aim for total returns while mitigating capital loss through hedging strategies. The fund invests mainly in global fixed income securities. PFIA primarily holds North American corporate debt securities but it can invest up to 100% in international securities. It can also hold long/short positions in high yield bonds, government, emerging market, and convertible bonds, loans, convertible debentures, preferred shares, derivatives, distressed debts, collateral loan obligations (CLOs), mortgage-backed securities (MBS), cash equivalents, equities, ETFs and other mutual funds. In selecting the portfolio, the manager focuses on securities that will maximize risk-adjusted returns. As an actively managed fund, PFIA can have increased trading costs. The possibility of taxable distributions is also imminent if you hold the fund in a non-registered account.
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%
Corporate115.29%
Securitized5.27%
Mutual fund1.70%
Structured0.88%
Government0.26%
Rights & Warrants−0.02%
Cash−2.34%
Miscellaneous−21.03%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PFIA last dividends amounted to 0.05 CAD. The month before, the issuer paid 0.03 CAD in dividends, which shows a 41.83% increase.
PFIA assets under management is 435.20 M CAD. It's risen 1.71% over the last month.
PFIA fund flows account for 87.80 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, PFIA pays dividends to its holders with the dividend yield of 3.97%. The last dividend (May 30, 2025) amounted to 0.05 CAD. The dividends are paid monthly.
PFIA shares are issued by Picton Mahoney Asset Management under the brand Picton Mahoney. The ETF was launched on Jul 5, 2019, and its management style is Active.
PFIA expense ratio is 3.29% meaning you'd have to pay 3.29% of your investment to help manage the fund.
PFIA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PFIA invests in bonds.
PFIA price has risen by 0.20% over the last month, and its yearly performance shows a 2.13% increase. See more dynamics on PFIA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.69% over the last month, showed a 1.19% increase in three-month performance and has increased by 6.69% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.69% over the last month, showed a 1.19% increase in three-month performance and has increased by 6.69% in a year.
PFIA trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.