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Core Canadian Dividend Trust



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Fund Overview


The Fund is a closed-end investment trust designed to provide unitholders with exposure to a blue chip portfolio consisting of fifteen high quality, large capitalization, and dividend paying Canadian companies across multiple industry sectors that have an excellent long term track record of dividend growth and share price appreciation. The Fund utilizes Strathbridge’s proprietary SSO covered call writing strategy to enhance the income generated by the portfolio and to reduce volatility.


The Fund is appropriate for those investors looking for a diversified large-capitalization portfolio while earning attractive distributions with lower volatility.


Distributions are calculated and paid monthly based on 6.5% per annum of the net asset value of the Fund.


The Fund invests in the following Canadian dividend-paying TSX-listed common shares:

Royal Bank of Canada   Thomson Corporation   
Manulife Financial Corporation   Canadian Imperial Bank of Commerce   
Bank of Nova Scotia   BCE Inc.   
The Toronto-Dominion Bank   TransCanada Corporation   
Bank of Montreal   Teck Cominco Limited (Class B)   
Enbridge Inc.National Bank of Canada
Russel Metals Inc.AGF Management Limited
Canadian Utilities Limited

The Fund will generally invest not less than 4% and not more than 10% of the Fund’s NAV in each of the issuers in the Core Canadian Dividend Portfolio. In addition, up to 25% of the NAV of the Fund may be invested in equity securities of other issuers listed on the TSX

Top 10 Holdings as of September 30, 2019
Holding Name % of Fund
 BCE Inc.      7.6%  
 Canadian Utilities Limited      7.4%  
 Thomson Reuters Corporation      7.2%  
 TC Energy Corporation      7.0%  
 National Bank of Canada      6.7%  
 The Bank of Nova Scotia      6.4%  
 Canadian Imperial Bank of Commerce      5.9%  
 Cash and Short-Term Investments      5.9%  
 Brookfield Asset Management Inc.      5.7%  
 CGI Inc.      5.3%  
Sector Allocations



As of 01/09/2020
Current NAV for CDD.UN: $5.63
Market Price: $5.73
Last Traded: 12/17/2019
View Historical NAV  
 Quick Facts
Inception Date: 11/16/2006
Total Assets As of 09/30/2019: $2.91 mm
Management Fee: 1.1%
Service Fee: 0.4%
 Distributions & Tax
Current Distributions for CDD.UN: $0.03
Current Yield: 6.35%
View Historical Distributions  
CDD: Declares Monthly Fund Distribution
CDD: Declares Monthly Fund Distribution
CDD: Declares Monthly Fund Distribution
CDD: Declares Monthly Fund Distribution
CDD: Declares Monthly Fund Distribution
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