CIBC Active Investment Grade Floating Rate Bond ETF is an exchange traded fund launched and managed by CIBC Asset Management Inc. The fund invests in fixed income markets of Canada. It invests directly and through derivatives in investment-grade floating rate debt obligations and other floating rate debt instruments. The fund employs fundamental and quantitative analysis with bottom-up and top-down security picking approach to create its portfolio. It seeks to benchmark the performance of its portfolio against the FTSE Canada Floating Rate Note Index. CIBC Active Investment Grade Floating Rate Bond ETF was formed on January 16, 2019 and is domiciled in Canada.
Frequently asked questions
What is CIBC Active Investment Grade Floating Rate Bond ETF (CFRN) current stock price?
As of the latest data, CIBC Active Investment Grade Floating Rate Bond ETF stock price is CA$19.81, with a previous close of CA$19.81.
Does CIBC Active Investment Grade Floating Rate Bond ETF (CFRN) pay dividends?
Yes. CIBC Active Investment Grade Floating Rate Bond ETF pays monthly dividends with an annualized yield of 3.1% and an estimated annual payout of CA$0.61 per share.
When is the next ex-dividend date for CIBC Active Investment Grade Floating Rate Bond ETF (CFRN)?
The next ex-dividend date is scheduled for October 30, 2026.