Key stats
About MULVIHILL ENHANCED SPLIT PREFERRED UNIT NEW
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Inception date
Dec 6, 2024
Structure
Canadian Mutual Fund Trust (ON)
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
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
Mutual fund
Bonds, Cash & Other100.00%
Corporate81.96%
Mutual fund17.80%
Cash0.24%
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
SPFD top holdings are North American Financial 15 Split Corp 6.75 % Pfd Registered Shs 2004-1.12.19 Ext to 01.12.2029 and Dividend 15 Split Corp. 7 % (Ex 5.5 %) Pfd Registered Shs 2004-1.12.19 Ext 01.12.29, occupying 13.95% and 13.76% of the portfolio correspondingly.
SPFD last dividends amounted to 0.08 CAD. The month before, the issuer paid 0.08 CAD in dividends,
SPFD assets under management is 22.66 M CAD. It's risen 0.82% over the last month.
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.
Yes, SPFD pays dividends to its holders with the dividend yield of 10.25%. The last dividend (Jun 6, 2025) amounted to 0.08 CAD. The dividends are paid monthly.
SPFD shares are issued by Mulvihill Capital Management, Inc. under the brand Mulvihill. The ETF was launched on Dec 6, 2024, and its management style is Active.
SPFD expense ratio is 4.34% meaning you'd have to pay 4.34% of your investment to help manage the fund.
SPFD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPFD invests in bonds.
SPFD price has risen by 0.32% over the last month, and its yearly performance shows a −13.06% decrease. See more dynamics on SPFD price chart.
NAV returns, another gauge of an ETF dynamics, showed a −3.50% decrease in three-month performance and has decreased by −4.66% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −3.50% decrease in three-month performance and has decreased by −4.66% in a year.
SPFD trades at a premium (0.29%) meaning the ETF is trading at a higher price than the calculated NAV.