Middlefield ActivEnergy Dividend Class

Fund Description

Middlefield ActivEnergy Dividend Class is an actively managed, diversified fund comprised primarily of dividend-paying companies in the energy production, services and infrastructure industries.

Key Reasons to Invest:

  • exposure to an actively managed, low-cost fund which provides tax-efficient distributions
  • a high conviction, diversified portfolio of profitable companies operating in the global energy sector
  • growth in global energy demand, together with geopolitical instability, will support crude oil and natural gas prices over the long-term

Fund Overview

  • Fund Codes:
    FE:MID265 / F Series:MID266
  • Inception Date:
    May 31, 2022
  • Monthly Distribution:
    $0.035
  • Adivsor :
    Middlefield Capital Corporation
  • Eligibility:
    RRSPs, RRIFs, DPSPs, RESPs and TFSAs
  • Management Fee:
    A: 2.00% / F: 1.00%
  • Risk Rating:
    High

Fund Managers

Headshot of Robert Lauzon
Robert F. Lauzon
Managing Director and Chief Investment Officer
Dennis da Silva
Senior Portfolio Manager

Performance (Series F)

 
AS OF 1 MONTH 3 MONTHS 6 MONTHS YEAR-TO-DATE 1 YEAR 3 YEARS 5 YEARS 10 YEARS SINCE INCEPTION 2023 2022 2021 2020
May 31, 2024 5.26% 16.11% 17.47% 15.53% 20.05% - - - 10.66% 1.77% - - -

Distributions (Series F)

Total NAV & Distributions (since inception)  
RECORD DATE PAYMENT DATE PAYMENT AMOUNT
May 30, 2024 May 31, 2024 0.035
April 29, 2024 April 30, 2024 0.035
March 27, 2024 March 28, 2024 0.035
February 28, 2024 February 29, 2024 0.035
January 30, 2024 January 31, 2024 0.035
RECORD DATE PAYMENT DATE PAYMENT AMOUNT
December 28, 2023 December 29, 2023 0.035
November 29, 2023 November 30, 2023 0.035
October 30, 2023 October 31, 2023 0.035
September 28, 2023 September 29, 2023 0.035
August 30, 2023 August 31, 2023 0.035
July 28, 2023 July 31, 2023 0.035
June 29, 2023 June 30, 2023 0.035
May 30, 2023 May 31, 2023 0.035
April 27, 2023 April 28, 2023 0.035
March 30, 2023 March 31, 2023 0.035
February 27, 2023 February 28, 2023 0.035
January 30, 2023 January 31, 2023 0.035
RECORD DATE PAYMENT DATE PAYMENT AMOUNT
December 29, 2022 December 30, 2022 0.035
November 29, 2022 November 30, 2022 0.035
October 28, 2022 October 31, 2022 0.035
September 29, 2022 September 30, 2022 0.035
August 30, 2022 August 31, 2022 0.035
July 28, 2022 July 29, 2022 0.035
June 29, 2022 June 30, 2022 0.035

Fund Details

Sector Allocation (%)

As Of May 31, 2024
Energy 55.80%
Utilities 23.10%
Pipelines 7.20%
Metals & Mining 5.50%
Uranium 5.10%
Industrials 3.30%

Geographic Allocation (%)

As Of May 31, 2024
Canada 77.40%
U.S. 19.20%
International 3.40%

Top 10 Holdings

1 KELT EXPLORATION LTD 5.50%
2 Teck Resources Limited 5.50%
3 Tourmaline Oil Corp. 5.20%
4 DENISON MINES CORP 5.10%
5 TransAlta Corporation 5.00%
6 Whitecap Resources Inc. 4.90%
7 ENSIGN ENERGY SERVICES INC 4.50%
8 Topaz Energy Corp. 4.40%
9 Tidewater Renewables Ltd. 4.40%
10 ARC RESOURCES LTD 4.30%
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