Purpose Enhanced Premium Yield FundTSX:PAYF
- LAST PRICE18.28
- TODAY'S CHANGE (%)0.00 (0.00%)
- Bid / Lots18.39/ 1
- Ask / Lots18.60/ 15
- Open / Previous Close0.00 / 18.28
- Day Range---
- 52 Week Range
- Volume---
- Overall Morningstar RatingNot Ratedout of funds
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| Company | Country | Symbol |
|---|
| Time | Volume | PAYF |
|---|
| Cash | 81.5% |
|---|---|
| US Equity | 13.7% |
| Fixed Income | 5.2% |
| Other | 0.0% |
| CDN Equity | 0 |
| Int'l Equity | -0.4% |
| Technology | 3.4% |
|---|---|
| Basic Mat. | 2.2% |
| Energy | 2.2% |
| Healthcare | 2.1% |
| Consumer Cyclical | 1.4% |
| Communication Services | 1.3% |
| Consumer Defensive | 1.0% |
| Utilities | 0.5% |
| Financial Serv.s | 0.2% |
| Industrials | 0.1% |
| Real Estate | 0.0% |
| United States | 95.5% |
|---|---|
| Asia/Oceania | 0.9% |
| Africa | 0 |
| Latin America | 0 |
| Canada | 0 |
| Europe | 0 |
| Company Name sortable | Position sortable | Allocation sortable | Allocation sortable1 Month Change | Market Value sortable |
|---|---|---|---|---|
Purpose Cash Management ETF | Long | 80.6% | +4.67% | $30.3M |
Newmont Corp | Long | 2.0% | 0.00% | $753.3K |
UnitedHealth Group Inc | Long | 2.0% | +9,166.67% | $745.1K |
Apple Inc | Long | 1.9% | +130.77% | $696.8K |
iShares 20+ Year Treasury Bond ETF | Long | 1.8% | 0.00% | $684.4K |
Cheniere Energy Inc | Long | 1.6% | 0.00% | $615.6K |
Workday Inc Class A | Long | 1.4% | --- | $517.2K |
Booking Holdings Inc | Long | 1.3% | 0.00% | $501.2K |
Alphabet Inc Class A | Long | 1.3% | +12,000.00% | $494.8K |
Constellation Brands Inc Class A | Long | 0.9% | -56.82% | $335.7K |
Reports
Morningstar Ratings
| Time Horizon | Star Rating |
|---|---|
| Overall Rating | Not Rated |
| 3 Year Rating | Not Rated |
| 5 Year Rating | Not Rated |
| 10 Year Rating | Not Rated |
Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar Rating) metrics.
Style Box is calculated only using the long position holdings of the portfolio.
Best Fit Index | --- |
|---|---|
Category | Miscellaneous - Income and Real Property |
Sponsor | Purpose Investments Inc. |
Inception | May 17, 2019 |
The fund seeks to provide shareholders with long-term capital appreciation and high monthly income by investing in equity markets including by (a) writing cash covered put options to receive premiums and reduce the net cost of acquiring securities and (b) directly investing in equity securities and writing call options on these securities to receive dividends and premiums. To achieve its investment objectives, the fund will use various portfolio selection strategies to invest in (a) a broad range of equity securities and cash in order to create long term value, generate regular income and reduce risk over the investment period and (b) a broad range of derivative instruments in compliance with Canadian securities laws to enhance portfolio income, offer long-term capital appreciation and preserve capital.
| Total Net Assets | $10.3M |
|---|---|
| Shares Out. | 550.0K |
| Net Asset Value (NAV) | $18.55 |
| Prem/Discount to NAV | -1.48% |
| P/E Ratio | 14.3 |
| Dividend Yield | 9.03% |
| Dividend per Share | 1.65 CAD |
| Ex-Dividend Date | 04/25/2024 |
| Dividend Payment Date | 05/7/2024 |
| Beta | --- |
| Morningstar Investment Style | Miscellaneous - Income and Real Property |
| Equity Style | Large Cap Growth |
| Credit Quality / Duration | Short Duration/High Quality |
| Actual Management Fee | 1.50% |
|---|---|
| Actual Mgmt. Expense Ratio (MER) | 2.27% |