MULVIHILL ENHANCED SPLIT PREFERRED UNIT NEWMULVIHILL ENHANCED SPLIT PREFERRED UNIT NEWMULVIHILL ENHANCED SPLIT PREFERRED UNIT NEW

MULVIHILL ENHANCED SPLIT PREFERRED UNIT NEW

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Key stats


Assets under management (AUM)
‪22.56 M‬CAD
Fund flows (1Y)
‪17.49 M‬CAD
Dividend yield (indicated)
10.18%
Discount/Premium to NAV
0.1%
Shares outstanding
‪2.40 M‬
Expense ratio
4.34%

About MULVIHILL ENHANCED SPLIT PREFERRED UNIT NEW


Issuer
Mulvihill Capital Management, Inc.
Brand
Mulvihill
Home page
Inception date
Dec 6, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
Mulvihill Capital Management, Inc.
The fund aims for long-term capital appreciation through a portfolio of US stocks in the broad health care sector. The fund mainly invests in large-cap securities within the S&P 500 that are as classified as health care by S&Ps Global Industry Classification Standard. However, up to 25% of assets may be invested in securities included in the S&P Global 1200 Health Care Index and the S&P/TSX Composite Health Care GICS Index. The fund seeks to enhance the portfolio through options writing and leverage. The leverage of up to 25% is expected to provide enhanced dividend yields and additional return potential. The fund also writes call/put options to generate returns. In the case of put options, the fund may buy securities at predetermined prices to reduce acquisition costs. The fund targets a 7% yield target per annum for monthly distributions. The fund manager has full discretion to make any investment decision at any time, including hedging its foreign currency to CAD.

Classification


Asset Class
Fixed income
Category
Corporate, preferred
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Geography
Canada
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Mutual fund
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to SPFD via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SPFD trades at 9.34 CAD today, its price has risen 0.11% in the past 24 hours. Track more dynamics on SPFD price chart.
SPFD net asset value is 9.43 today — it's risen 2.02% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SPFD assets under management is ‪22.56 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SPFD price has risen by 1.72% over the last month, and its yearly performance shows a −13.43% decrease. See more dynamics on SPFD price chart.
NAV returns, another gauge of an ETF dynamics, showed a −2.70% decrease in three-month performance and has decreased by −3.20% in a year.
SPFD fund flows account for ‪17.49 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SPFD invests in bonds. See more details in our Analysis section.
SPFD expense ratio is 4.34%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SPFD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SPFD technical analysis shows the strong sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPFD shows the sell signal. See more of SPFD technicals for a more comprehensive analysis.
Yes, SPFD pays dividends to its holders with the dividend yield of 10.18%.
SPFD trades at a premium (0.11%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SPFD shares are issued by Mulvihill Capital Management, Inc.
SPFD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 6, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.