TD SEL US SHRT TRM CRP BD LADDR ETF CAD UNITSTD SEL US SHRT TRM CRP BD LADDR ETF CAD UNITSTD SEL US SHRT TRM CRP BD LADDR ETF CAD UNITS

TD SEL US SHRT TRM CRP BD LADDR ETF CAD UNITS

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Key stats


Assets under management (AUM)
‪9.99 M‬CAD
Fund flows (1Y)
‪2.79 M‬CAD
Dividend yield (indicated)
5.04%
Discount/Premium to NAV
0.6%

About TD SEL US SHRT TRM CRP BD LADDR ETF CAD UNITS


Issuer
The Toronto-Dominion Bank
Brand
TD
Expense ratio
0.28%
Home page
Inception date
Nov 8, 2018
Index tracked
No Underlying Index
Management style
Active
The fund seeks to earn income while preserving capital through an actively-managed portfolio of primarily investment-grade US corporate bonds. The funds selection universe of such issues is formed using fundamental credit research and quantitative screens by the portfolio manager. Such universe are divided into five term groupings of bonds maturing from 0-1.49 years, 1.5-2.49 years, 2.5-3.49 years, 3.5-4.49 years, and 4.5-5.5 years. Bonds are selected for each term grouping by yield, and are equally weighted within their respective group. Each group occupies 20% weight in the portfolio, and bonds remain in their group until the next quarterly reconstitution. High-yield issues may also have portion in the term grouping provided that each group continues to represent 20% weight in the portfolio. From time to time, TCSB may also invest in foreign securities but will not typically exceed 25% of its assets.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Short-term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 13, 2024
Exposure type
Bonds, Cash & Other
Corporate
Bonds, Cash & Other100.00%
Corporate99.60%
Cash0.40%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows