Key stats
About INVESCO CDN GOVT FLTG RATE IND CAD UNITS
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Inception date
Jul 21, 2014
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Invesco Canada Ltd.
Distributor
Invesco Canada Ltd.
The fund tracks an index that primarily invests in floating rate notes rated A- or higher and have a maturity of 1 to 3 years. Securities issued by both government and corporate entities are eligible for inclusion as long as they meet credit rating and maturity requirements. Selected securities are placed into three maturity buckets of 1-1.99 years, 2-2.99 years, and 3-3.99 years and are equally weighted within their buckets. On every subsequent annual crrebalancing, the bonds from each maturity roll out to the next lower bucket and only the longest maturity bucket (3-3.99 year) will be re-populated with up to 20 securities.
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%
Corporate99.99%
Cash0.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PFL top holdings are Canada Housing Trust No. 1 FRN 15-MAR-2026 and Canada Housing Trust No. 1 FRN 15-SEP-2025, occupying 16.84% and 16.77% of the portfolio correspondingly.
PFL last dividends amounted to 0.05 CAD. The month before, the issuer paid 0.04 CAD in dividends, which shows a 3.33% increase.
PFL assets under management is 351.88 M CAD. It's fallen 3.74% over the last month.
PFL fund flows account for −250.67 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, PFL pays dividends to its holders with the dividend yield of 4.31%. The last dividend (Jun 6, 2025) amounted to 0.04 CAD. The dividends are paid monthly.
PFL shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Jul 21, 2014, and its management style is Passive.
PFL expense ratio is 0.13% meaning you'd have to pay 0.13% of your investment to help manage the fund.
PFL follows the Invesco Canadian Government Floating Rate Index ETF - SC - Canada. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PFL invests in bonds.
PFL price has risen by 0.05% over the last month, and its yearly performance shows a −0.66% decrease. See more dynamics on PFL price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.73% increase in three-month performance and has increased by 3.68% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.73% increase in three-month performance and has increased by 3.68% in a year.
PFL trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.