Redwood U.S. Preferred Share Fund

  • FX Hedged
  • Non-FX Hedged
  • USD
  • ETF
  • F
  • A
  • ETF
  • F
  • A
  • ETF
  • F
  • A

MANAGEMENT FEE

SERIES

FUNDSERV CODE

TICKER

THOMSON ONE TICKER

DISTRIBUTION YIELD

DISTRIBUTION FREQUENCY

  • OVERVIEW
  • DISTRIBUTIONS
  • FUND DOCUMENTS

The Approach

A fundamental, active approach that combines bottom-up credit research and top-down structural analysis to invest in high-quality U.S. preferred securities across both the institutional US$1,000-par and retail US$25-par markets.

Why This Fund Is Relevant

  • U.S. preferred securities can provide a high-yielding alternative to investment-grade bonds, but the majority of issues are restricted to over-the-counter trading by large institutional investors and are inaccessible to Canadian investors.
  • Redwood U.S. Preferred Share Fund provides access to investment-grade preferred securities across the institutional US$1,000-par and retail US$25-par markets. The Fund uses an active, fundamental approach to identify high-quality securities and opportunistically capture inefficiencies between the two markets caused by volatility, liquidity and technical factors.
  • The result: An exclusive, high-quality income strategy that enhances portfolio diversification

 

Quick Facts

  1. Attractive investment-grade income alternative with the opportunity for positive, risk-adjusted total returns.
  2. Access to the U.S. preferred securities institutional market.
  3. Actively managed portfolio based on “top-down' analysis and “bottom-up” issuer and credit research.
  4. Discretionary duration hedging to manage interest rate risk and provide a smoother ride for investors in a rising-rate environment.
  5. Managed by Nuveen Asset Management, a global leader in fixed-income management with deep expertise in navigating the U.S. preferred securities markets.

Historical Performance

Calendar Performance

Performance

  • GROWTH OF $1,000
  • DAILY NAV

Daily NAV

Top Holdings

Sector Allocation

Country Allocation

Distributions

Fund Documents

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the prospectus before investing. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. The indicated rate of return is the historical annual compounded total return including changes in share/unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. The rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the investment fund or returns on an investment in the investment fund.