iShares S&P/TSX Canadian Preferred Share Index ETF
CPD.TO
Toronto Stock Exchange- -
CAD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 161 Bay Street, Suite 2500 Toronto ON Canada M5J 2S1
- IPO Date
- Oct 25, 2007
- Website
- blackrock.com
- Similar Companies
- Business
- iShares S&P/TSX Canadian Preferred Share Index ETF (CPD.TO) is an exchange-traded fund that seeks to replicate, to the extent possible, the performance of the S&P/TSX Canadian Preferred Share Index (TR), net of expenses; the index comprises Canadian preferred shares listed on the Toronto Stock Exchange that meet specific criteria for minimum size and liquidity. Primarily investing in a portfolio of Canadian preferred shares, convertible bonds, and related equity securities across sectors including financials (55.1%), energy (21.5%), and utilities (16.1%), CPD.TO features top holdings such as Enbridge Inc. 6.21%, Brookfield Corp. 6.09%, Power Financial Corp. 5.5%, Manulife Financial Corp. 4.65%, and Pembina Pipeline Corp. 4.3%, representing a total of 62.9% of assets; it distributes income monthly to provide investors with exposure to the Canadian preferred share market. Managed by BlackRock Asset Management Canada Limited with an expense ratio of 0.50%, the ETF trades on the Toronto Stock Exchange in Canadian dollars and targets investors seeking a mix of income and moderate capital growth through diversified preferred share holdings. Launched on April 10, 2007 and headquartered in Toronto, Ontario at 161 Bay Street, Suite 2500, CPD.TO operates within the North American asset management industry, focusing on Canadian fixed income alternatives for institutional and retail investors. As of April 30, 2025, the fund manages approximately $922.3 million in assets with an average daily trading volume of 324,213 units over 251 trading days. No major acquisitions, partnerships, funding rounds, or strategic shifts specific to CPD.TO have been announced in the last 1-2 years; ongoing routine cash distributions, such as the July 2025 payout, and standard portfolio rebalancing to track the index continue without significant operational changes.