NBI Active Canadian Preferred Shares ETF (NPRF.TO) ETF Analysis

Fund Overview

NBI Active Canadian Preferred Shares ETF (NPRF.TO) is an exchange-traded fund. The fund is issued by National Bank Investments Inc. It has been trading since January 15, 2019. Total net assets stand at CA$169.30M.

Its biggest positions are Enbridge Inc Cum Red Pref Shs Series -L- (ENB.PF.U), The Toronto-Dominion Bank Non Cum Pfd Registered Shs -A- Series -1- (TD.PF.A), and Enbridge Inc Cum Red Pref Registered Shs Series -3- (ENB.PR.Y). Enbridge Inc Cum Red Pref Shs Series -L- alone accounts for 3.19% of the portfolio.

Performance Analysis

The most recent close on file for NPRF.TO is CA$27.47, dated September 4, 2026. Over the trailing twelve months the price has returned +5.98%. Measured over 5 years, that is +6.00% a year compounded. The fund distributes at a trailing yield of 4.47%.

So far in 2026 the price is +6.46%. The strongest complete calendar year on file is 2024 at +29.43%; the weakest is 2022 at −17.11%. Of the 6 complete calendar years on file, 5 finished higher.

Price & Risk Profile

Annualized volatility over the trailing 7 years is 11.96%. Beta against the wider market is reported at 1.02. Over the past 52 weeks the price has ranged from CA$25.80 to CA$27.71. The latest close sits 6.47% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.