Exchange Place Advisors Trust - North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI)
ETF overview
QTPI is an actively managed ETF focused on investing in preferred securities eligible for favorable US federal income tax treatment, such as qualified dividend income (QDI) and qualified dividends from REITs (QRD). The fund targets various preferred securities, including fixed, floating, and variable rate securities, convertible and REIT preferred securities, contingent convertibles, and junior subordinated debt from corporate issuers and financial institutions. The primary investment strategy is to maximize after-tax yield using a proprietary quantitative credit screen to minimize default risk and optimize value. The sub-adviser evaluates qualitative factors to choose issuers and assesses individual securities for duration, coupon structure, and fit within the risk framework. Exposure to any single issuer is capped at 10% of net assets. The fund anticipates low portfolio turnover to maintain QDI and QRD tax benefits and invests in US and foreign preferred securities denominated in US dollars.
Fund facts
- Expense ratio
- 0.60%
- Fund assets
- 77.47M USD (all share classes)
- Issuer
- North Square
- Inception date
- Dec 18, 2024
- Number of holdings
- 59
Breakdown
Holdings (59)
| Name | Ticker | Weight |
|---|---|---|
| JPMorgan Chase & Company 6.875%, Fixed until 6/1/2029 Due 3/1/2174 | 3.44% | |
| Citigroup, Inc. 7.625%, Fixed until 11/15/28 Due 2/15/72 | 3.19% | |
| Wells Fargo & Company 7.625%, Fixed until 9/15/2028 Due 9/15/2173 | 3.12% | |
| Goldman Sachs Group, Inc. (The) 7.5%, Fixed until 8/18/2028 Due 8/18/2170 | 2.85% | |
| Bank of America Corporation 6.625%, Fixed until 5/1/2030 Due 8/1/2173 | 2.83% | |
| US Bancorp Variable Rate, Due 12/29/2049 | 2.77% | |
| PNC Financial Services Group, Inc. (The) 6.25%, Fixed until 3/15/2030 Due 6/15/2173 | 2.72% | |
| Capital One Financial Corporation Floating Rate, Due 10/30/2173 | 2.70% | |
| Toronto-Dominion Bank (The) 8.125%, Fixed until 10/31/2027 Due 10/31/2082 | 2.70% | |
| BP Capital Markets plc 6.45%, Fixed until 3/1/2034 Perpetual 03/01/2174 | 2.67% | |
| and 46 more | ||
Historical returns do not guarantee future returns. This is not investment advice.
Exchange Place Advisors Trust - North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI)
- Expense ratio
- 0.60%
- Fund assets
- 77.47M USD (all share classes)
- Issuer
- North Square
- Inception date
- Dec 18, 2024
- Number of holdings
- 59
| Name | Ticker | Weight |
|---|---|---|
| JPMorgan Chase & Company 6.875%, Fixed until 6/1/2029 Due 3/1/2174 | 3.44% | |
| Citigroup, Inc. 7.625%, Fixed until 11/15/28 Due 2/15/72 | 3.19% | |
| Wells Fargo & Company 7.625%, Fixed until 9/15/2028 Due 9/15/2173 | 3.12% | |
| Goldman Sachs Group, Inc. (The) 7.5%, Fixed until 8/18/2028 Due 8/18/2170 | 2.85% | |
| Bank of America Corporation 6.625%, Fixed until 5/1/2030 Due 8/1/2173 | 2.83% | |
| US Bancorp Variable Rate, Due 12/29/2049 | 2.77% | |
| PNC Financial Services Group, Inc. (The) 6.25%, Fixed until 3/15/2030 Due 6/15/2173 | 2.72% | |
| Capital One Financial Corporation Floating Rate, Due 10/30/2173 | 2.70% | |
| Toronto-Dominion Bank (The) 8.125%, Fixed until 10/31/2027 Due 10/31/2082 | 2.70% | |
| BP Capital Markets plc 6.45%, Fixed until 3/1/2034 Perpetual 03/01/2174 | 2.67% | |
| and 46 more | ||
QTPI is an actively managed ETF focused on investing in preferred securities eligible for favorable US federal income tax treatment, such as qualified dividend income (QDI) and qualified dividends from REITs (QRD). The fund targets various preferred securities, including fixed, floating, and variable rate securities, convertible and REIT preferred securities, contingent convertibles, and junior subordinated debt from corporate issuers and financial institutions. The primary investment strategy is to maximize after-tax yield using a proprietary quantitative credit screen to minimize default risk and optimize value. The sub-adviser evaluates qualitative factors to choose issuers and assesses individual securities for duration, coupon structure, and fit within the risk framework. Exposure to any single issuer is capped at 10% of net assets. The fund anticipates low portfolio turnover to maintain QDI and QRD tax benefits and invests in US and foreign preferred securities denominated in US dollars.
Unlock all ETF data
Sign up for FreeUnlock all ETF data
Sign up for Free