Total Return Bond Fund ETF Review (PBD) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 53/100
This fixed income ETF has an MER of 1.03%. With higher than average fees, it’s a premium option. Managing 110 million in assets, it’s widely trusted by investors. Suitable for those preferring stability with a low to medium risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.

PBD trades on the TSX exchange.
Looking to invest in fixed income? Consider an fixed income ETF as an easy way to get access. The Total Return Bond Fund (PBD) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.  

What is the Total Return Bond Fund ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 1.03%. This ETF trades on the TSX exchange.

PBD stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $110MM

Expense Ratio: 1.03%

Price: $14.12 (Updated: 3/7/2024)

Total Return Bond Fund (PBD) Top 10 Holdings

Company NameSymbolAssets %
iShares iBoxx $ High Yield Corporate Bond ETFHYG64.19463
Vanguard Total Bond Market Index Fund ETF SharesBND14.60696
MoneyHero Limited Class A Ordinary SharesMNY1.4885
iShares 20+ Year Treasury Bond ETFTLT0.00985

Total Return Bond Fund (PBD) Breakdown by Market Cap


Total Return Bond Fund (PBD) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials00
Consumer Cyclicals00
Financial Services00
Real Estate00
Communication Services1000
Consumer Defensive00

Total Return Bond Fund (PBD) Geographic Breakdown

RegionEquity %Relative to Category
North America10089.219
United Kingdom06.14783
Europe Developed04.622
Europe Emerging00
Africa/Middle East00
Asia Developed00
Asia Emerging00
Latin America00

PBD Management Expense Ratio

PBD has a management expense ratio of  1.03% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  

How to Buy  Total Return Bond Fund TSX ETF

You can buy  PBD on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:  
ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick


  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
Photo of author
Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

Check Out These Posts:

Leave a Comment