ETF / Equity

TD Active U.S. Enhanced Dividend ETF

Fund Code / Ticker Symbol
TUED
Closing Price
as of Oct 4, 2024
$28.44

$+0.42  +1.51%

NAV
as of Oct 4, 2024
$28.45

$+0.35 +1.26%

MER
as of Jun 30, 2024
0.73%

Fund Overview

Risk Analysis

Fund Objectives

TD Active U.S. Enhanced Dividend ETF seeks to earn income and generate moderate capital growth by investing primarily in dividend-paying equity securities of issuers located in the United States.

Investment Approach

The portfolio adviser seeks to achieve the investment objective of TD Active U.S. Enhanced Dividend ETF by investing primarily in dividend-paying equity securities of issuers located in the United States. Non-dividend-paying companies may make up to 30% of the overall portfolio. Eligible securities will be selected through an active fundamental methodology that considers an issuer’s ability to profitably generate and grow free cash flow and its efficiency at allocating capital. The portfolio adviser may hedge any or all foreign currency exposure in the TD ETF. In addition, depending on market volatility and other factors, the TD ETF will write covered call options on a portion, which may vary from time to time, of securities held by the TD ETF. Under such call options, the TD ETF will sell to the buyer of the option, for a premium, either a right to buy the security at an exercise price or, if the option is cash settled, the right to a payment equal to the difference between the value of the security and the exercise price. Covered call options partially hedge against a decline in the price of the securities on which they are written to the extent of the premiums received by the TD ETF at the time the options are written by the TD ETF. The call options written by the TD ETF may be either exchange-traded options or over-the-counter options. Also, the TD ETF may choose to write cash-covered put options on a small percentage of the portfolio in respect of the individual securities to receive premium income, reduce overall portfolio volatility and reduce the net cost of acquiring the securities subject to put options.

Key Facts

Portfolio Adviser
TD Asset Management Inc.
Category
U.S. Equity
Benchmark
S&P 500 Index (Net Dividend, Total Return)

Benchmark Details

Max Mgmt Fee (%)
0.65
Total Fund Assets (Millions)**
(updated monthly) $407.37
Asset Class
Equity
Eligibility for Registered Plans
Yes
Ex-Dividend Date
Sep 27, 2024
Record Date
Sep 27, 2024
Pay Date
Oct 4, 2024
Daily Volume
(updated daily) 22,371
Units Outstanding
(updated daily) 14,500,000

Performance Overview

Historical Performance (%)

Performance as of Sep 30, 2024
Inception Date: May 26, 2020

Calendar Performance (%)

Performance as of Sep 30, 2024

Portfolio Analysis

Asset Mix


  • Sector Mix

    All sectors may not add up to 100% due to rounding.

    Technology
    43.60%
    Financial Services
    14.90%
    Industrial Goods
    9.40%
    Consumer Services
    8.10%
    Healthcare
    7.70%
    Energy
    4.00%
    Industrial Services
    3.30%
    Real Estate
    2.20%
    Telecommunications
    2.00%
    Cash and Cash Equivalent
    1.60%
    Basic Materials
    1.40%
    Consumer Goods
    1.30%
    Other
    0.60%
  • Fund Geography

    All regions may not add up to 100% due to rounding.

    United States
    87.50%
    European Union
    8.50%
    Canada
    3.40%
    Other
    0.60%
  • Top Ten Holdings

    Apple Inc - Common
    9.91%
    Microsoft Corp - Common
    8.54%
    Broadcom Inc - Common
    7.07%
    Alphabet Inc - Common Cl A
    5.05%
    Amazon.com Inc - Common
    4.35%
    NVIDIA Corp - Common
    4.23%
    Costco Wholesale Corp - Common
    3.75%
    Canadian Natural Resources Ltd - Common
    3.37%
    JPMorgan Chase & Co - Common
    3.17%
    Apollo Global Management Inc - Common Cl A
    3.07%

  • Characteristics

    Number of Holdings
    (updated daily)
    55
    Weighted Avg.
    (updated monthly)
    Dividend Yield(%)
    0.83
    Price To Earnings
    34.0
    Price to Book**
    8.3
    Average Market Cap ($MM)**
    1433634
    Return Beta
    1.00
  • Trading Information

    Ticker Symbol
    TUED
    Exchange
    TSX
    Currency
    CAN
    Investment Program (Drip)
    Yes
    CUSIP#
    87250Q106
    SEDOL#
    NA
    ISIN
    CA87250Q1063

Fund documents and Resources

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Managers

Managing Director, Portfolio Manager
Managing Director, Portfolio Manager
VP & Director, Portfolio Research
SVP & Chief Investment Officer

Ways to invest with us

Below are some options to invest in TD ETFs within TD. If you are not a client of TD or already work with an investment professional, feel free to ask them about our ETF lineup.

  • TD Easy TradeTM

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  • TD Direct Investing

    (Do-It-Yourself)

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  • TD Advisor

    (With an Advisor)

    TD offers a one-to-one relationship with a dedicated TD Wealth advisor.


Important Fund Information

NOTE: THIS TD ETF profile (the "Profile") IS NOT A REGULATORY ETF FACTS DOCUMENT AND IS FOR INFORMATIONAL PURPOSES ONLY. In contrast, ETF Facts are prescribed documents that are updated annually or more frequently as required (i.e., if there is an amendment, etc.). To access the ETF Facts, please download it from the Fund Documents and Resources section of the digital fund card page.

The performance and portfolio analysis information displayed in the Profile may have different as of dates as indicated 

The information contained in this Profile is based on information available as at the date indicated on the Profile page and does not necessarily reflect subsequent changes in market conditions. This information has been drawn from sources believed to be reliable. Graphs and charts are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. This Profile does not provide financial, legal, tax or investment advise. Particular investment, tax, or trading strategies should be evaluated relative to each individual objectives and risk tolerance. 

The Growth Data Table represents a hypothetical investment of the ETF over the last 10 years, or from the last day of the since inception month for ETFs with less than 10 years of performance history.

The Top Ten Holdings may change due to ongoing portfolio transactions within the ETF.

The MER percentage is based on actual expenses reported in the ETF's most recent Semi-Annual or Annual Management Report of Fund Performance. expressed on an annualized basis. 

Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus and the ETF Facts before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. Index returns do not represent TD ETF returns. The indicated rates of return are the historical total returns for the periods including changes in unit value and reinvestment of all distributions and do not take into account redemption, commission charges or income taxes payable by any unitholder that would have reduced returns. Past performance may not be repeated.  

TD ETFs are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank.

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