CI Canadian Government Floating Rate Index ETF (formerly Invesco Canadian Government Floating Rate Index ETF)

TSX TICKER : PFL
 

Fund overview

PFL invests in Canadian government investment-grade floating rate notes in order to replicate the FTSE Canada Government Floating Rate Note Index. The index is comprised of Canadian floating rate notes rated A or higher. The index is divided into three maturity buckets with staggered maturity levels from one to three years.

Fund details

description of elementelement value
Inception date July 2014
CAD Total net assets ($CAD)
As at 2026-08-31
$264.7 million
NAVPS
As at 2026-09-14
$19.4957
Market price
As at 2026-09-14
$19.4900
MER (%)
As at 2025-12-31
0.13
Management fee (%) 0.12
Asset class Canadian Fixed Income
Currency CAD
CUSIP 46140U107
Distribution frequency Monthly
Last distribution $0.0404
Average Duration (ex-CDX) 0.03
Yield to Maturity % 2.44
Average Credit Rating AAA

Risk rating1

  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High

Investor suitability

For those who:
  • Want current income
  • Prefer an ETF that provides an income stream that is linked to interest rate changes
  • Are looking to gain exposure to a short-term Canadian floating rate note portfolio
  • Own, or plan to own, other types of investments to diversify their holdings
  • Are comfortable with low risk

Performance2 As at 2026-08-31

Growth of $10,000 (Since inception date)

growth of 10k graph

Calendar year performance

annual performance graph

average annual compound returns

YTD 1 Mo 3 Mo 6 Mo 1 Y 3 Y 5 Y 10 Y Inception*
1.66% 0.20% 0.66% 1.25% 2.61% 3.60% 3.22% 2.18% 1.94%
*Since inception date

Distribution history3

Ex-Date Total
2026-08-28 0.0404
2026-07-30 0.0392
2026-06-29 0.0390
2026-05-28 0.0390
2026-04-29 0.0388
Ex-Date Total
2026-03-30 0.0389
2026-02-26 0.0390
2026-01-29 0.0388
2025-12-30 0.0534
2025-11-27 0.0418

RATING SUMMARY (%)

Average Credit Rating AAA

FUND CHARACTERISTICS

Average Coupon % 2.61
Average Duration (ex-CDX) 0.03
Duration 0.03
Current Yield % 2.60
Yield 2.44
Years to Maturity 2.30
Yield to Maturity % 2.44
Average price 100.10

Management team

First we'll display the Team Company and then the Team members
CI Global Asset Management ETF

CI Canadian Government Floating Rate Index ETF (formerly Invesco Canadian Government Floating Rate Index ETF)

TSX TICKER : PFL
 
Portfolio allocations4 As at 2026-08-31
Asset allocation (%)
  • Canadian Government Bonds 99.77
  • Cash and Equivalents 0.24
  • Other -0.01
Sector allocation (%)
  • Fixed Income 99.77
  • Cash and Cash Equivalent 0.24
  • Other -0.01
Geographic allocation(%)
  • Canada 100.01
  • Other -0.01
Top holdings6
Sector (%)
1. Canada Housing Trust No 1 3.10% 15-Mar-2028 Fixed Income 16.41%
2. Canada Housing Trust No 1 3.07% 15-Sep-2027 Fixed Income 16.40%
3. Canada Housing Trust No 1 3.03% 15-Mar-2029 Fixed Income 11.22%
4. Ontario Province 3.12% 27-Nov-2028 Fixed Income 11.21%
5. Canada Housing Trust No 1 3.02% 15-Sep-2028 Fixed Income 11.20%
6. Canada Housing Trust No 1 3.14% 15-Mar-2030 Fixed Income 11.14%
7. Canada Housing Trust No 1 3.05% 15-Sep-2029 Fixed Income 11.13%
8. Ontario Province 3.20% 21-Feb-2030 Fixed Income 11.06%
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