ducovest

PFL:CA:TSX-PowerShares 1-3 Year Laddered Floating Rate Note Index ETF (CAD)

ETF | Canadian Short Term Fixed Income | Toronto Stock Exchange

Last Closing

CAD 19.64

Change

0.00 (0.00)%

Market Cap

CAD 0.05B

Volume

0.08M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

PFL seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the FTSE TMX Canada 1-3 Year Laddered Floating Rate Note Index, or any successor thereto. This PowerShares ETF invests primarily in Canadian government and corporate investment-grade floating rate notes.

Company Website : www.invesco.ca.

Currency: CAD

Country : Canada

Inception Date: 21/07/2014

Primary Benchmark: FTSE Canada 1-3Y Laddered FRN TR CAD

Primary Index: Citi Canadian GBI 3-5 Yr CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.23 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-18 )

Largest Industry Peers for Canadian Short Term Fixed Income

Symbol Name Mer Price(Change) Market Cap
XSB:CA iShares Canadian Short Term Bo.. 0.10 %

+0.05 (+0.19%)

 CAD 2.07B
ZST:CA BMO Ultra Short-Term Bond 0.17 %

+0.01 (+0.02%)

 CAD 1.64B
ZCS:CA BMO Short Corporate Bond Index.. 0.11 %

+0.04 (+0.30%)

 CAD 1.49B
XSH:CA iShares Core Canadian Short Te.. 0.10 %

+0.05 (+0.27%)

 CAD 1.32B
VSB:CA Vanguard Canadian Short Term B.. 0.11 %

-0.02 (-0.09%)

 CAD 1.14B
VSC:CA Vanguard Canadian Short-Term C.. 0.11 %

-0.04 (-0.17%)

 CAD 0.88B
XFR:CA iShares Floating Rate 0.23 %

+0.01 (+0.05%)

 CAD 0.76B
CBO:CA iShares 1-5 Year Laddered Corp.. 0.28 %

N/A

 CAD 0.73B
CLF:CA iShares 1-5Yr Laddered Governm.. 0.17 %

+0.03 (+0.18%)

 CAD 0.49B
HFR:CA Horizons Active Ultra-Short Te.. 0.46 %

N/A

 CAD 0.40B

ETFs Containing PFL:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Short Term Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.10% 86% B+ 33% F
Dividend Return 1.31% 96% N/A 59% D-
Total Return 1.42% 89% A- 38% F
Trailing 12 Months  
Capital Gain -0.51% 11% F 38% F
Dividend Return 4.75% 96% N/A 72% C
Total Return 4.24% 68% D+ 47% F
Trailing 5 Years  
Capital Gain -1.36% 89% A- 42% F
Dividend Return 8.11% 41% F 42% F
Total Return 6.76% 86% B+ 40% F
Average Annual (5 Year Horizon)  
Capital Gain -0.21% 93% A 40% F
Dividend Return 1.09% 86% B+ 40% F
Total Return 1.31% 29% F 42% F
Risk Return Profile  
Volatility (Standard Deviation) 1.63% 100% F 98% N/A
Risk Adjusted Return 67.28% 93% A 90% A-
Market Capitalization 0.05B 71% C- 67% D+

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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.