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DFN

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    6.5329$
  • Previous Close
    6.5737$
  • 52 Week Change
    2.53$
  • Day Range
    -0.04$
  • 52 Week High/Low
    4.0823$ - 6.61$
  • Dividend Per Share
    0.1677
  • Market cap
    818 M$
  • EPS
    --
  • Beta
    1.652
  • Volume
    --

About

DFN.TO represents the Brompton Flaherty & Crumrine Investment Grade Preferred ETF, a Canadian-listed exchange-traded fund. This ETF aims to provide unitholders with stable monthly cash distributions and preserve capital by investing primarily in a portfolio of investment-grade preferred shares issued by North American corporations and financial institutions. The fund is designed to offer exposure to the preferred share market, offering potentially higher yields than traditional fixed-income securities, but also carrying risks associated with interest rate fluctuations, issuer credit quality, and market liquidity.

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Factors

DFN.TO's stock price, like any publicly traded equity, is influenced by a multitude of factors: Company Performance: Diefenbaker's (DFN) financial health, revenue, and profitability directly impact investor confidence and stock price.

Market Sentiment: Overall investor mood towards the Canadian stock market and real estate sector affects DFN.TO.

Interest Rates: Changes in interest rates influence the attractiveness of DFN.TO's dividend yield, affecting its price.

Real Estate Market: The health and performance of the Canadian real estate market, particularly its residential sector, significantly affect DFN.TO.

Economic Conditions: Macroeconomic factors like GDP growth, inflation, and unemployment impact DFN.TO's stock price.

Dividend Yield: DFN's dividend yield relative to other investment options impacts its appeal and stock price.

Management Decisions: Strategic decisions made by DFN's management team can significantly impact investor perceptions and stock valuation.

Regulatory Changes: Government regulations affecting the real estate or investment trust sectors can influence DFN.TO.

Competitor Performance: The performance and actions of DFN's competitors in the closed-end fund and real estate sectors can affect investor choices.

Global Events: Unexpected global events such as economic crises or geopolitical tensions can indirectly affect the Canadian stock market and DFN.TO.

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