MFT:CA:TSX-Mackenzie Floating Rate Income ETF (CAD)

ETF | Floating Rate Loans |

Last Closing

CAD 17.19

Change

-0.01 (-0.06)%

Market Cap

N/A

Volume

0.02M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-12-24 )

Largest Industry Peers for Floating Rate Loans

Symbol Name Price(Change) Market Cap
ZFH:CA BMO Floating Rate High Yield

+0.01 (+0.07%)

CAD 0.15B
FSL:CA First Trust Senior Loan ETF (C..

-0.08 (-0.47%)

CAD 0.06B

ETFs Containing MFT:CA

MGB:CA Mackenzie Core Plus Globa.. 0.00 % 0.67 %

-0.02 (-0.08%)

N/A
MUB:CA Mackenzie Unconstrained B.. 0.00 % 0.58 %

-0.02 (-0.08%)

N/A

Market Performance

  Market Performance vs. Industry/Classification (Floating Rate Loans) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.06% 67% D+ 21% F
Dividend Return 4.30% 33% F 62% D
Total Return 4.36% 33% F 24% F
Trailing 12 Months  
Capital Gain -1.21% 33% F 19% F
Dividend Return 5.30% 33% F 71% C-
Total Return 4.10% 33% F 22% F
Trailing 5 Years  
Capital Gain -15.49% 33% F 21% F
Dividend Return 27.92% 100% F 77% C+
Total Return 12.43% 33% F 31% F
Average Annual (5 Year Horizon)  
Capital Gain -1.75% 33% F 20% F
Dividend Return 0.88% 33% F 26% F
Total Return 2.63% 67% D+ 70% C-
Risk Return Profile  
Volatility (Standard Deviation) 6.11% 67% D+ 88% B+
Risk Adjusted Return 14.44% 33% F 30% F
Market Capitalization N/A N/A N/A N/A N/A

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.