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Company | Country | Symbol |
---|
Time | Volume | SYLD |
---|---|---|
09:32 ET | 300 | 19.38 |
12:17 ET | 200 | 19.23 |
04:00 ET | 500 | 19.3 |
Fixed Income | 68.8% |
---|---|
Other | 15.4% |
Cash | 11.0% |
US Equity | 2.1% |
CDN Equity | 1.4% |
Int'l Equity | 1.3% |
Consumer Defensive | 1.8% |
---|---|
Real Estate | 1.6% |
Energy | 0.1% |
Technology | 0.0% |
Basic Mat. | 0 |
Communication Services | 0 |
Consumer Cyclical | 0 |
Financial Serv.s | 0 |
Healthcare | 0 |
Industrials | 0 |
Utilities | 0 |
United States | 60.0% |
---|---|
Canada | 40.0% |
Latin America | 0 |
Africa | 0 |
Europe | 0 |
Asia/Oceania | 0 |
Company Name sortable | Position sortable | Allocation sortable | Allocation sortable1 Month Change | Market Value sortable |
---|---|---|---|---|
Purpose High Interest Savings Fund | Long | 8.0% | +43.98% | $22.5M |
PBF Holding Company LLC and PBF Finance Corp. 7.25% | Long | 4.0% | 0.00% | $11.1M |
Enova International Inc. 8.5% | Long | 3.3% | 0.00% | $9.3M |
LSB Industries Inc 6.25% | Long | 2.8% | 0.00% | $7.9M |
Rithm Capital Corp. 6.25% | Long | 2.5% | 0.00% | $7.2M |
Chesapeake Energy Corporation 6.75% | Long | 2.4% | 0.00% | $6.7M |
Curo Group Holdings Corp 7.5% | Long | 2.3% | 0.00% | $6.6M |
Tacora Resources Incorporated 8.25% | Long | 2.2% | 0.00% | $6.3M |
Royal Bank of Canada 4.2% | Long | 2.2% | 0.00% | $6.2M |
Stonemor Inc. 8.5% | Long | 2.1% | 0.00% | $5.9M |
The Morningstar ETF Report offers in-depth analyst research on exchange-traded funds to help you evaluate these investments and how they fit within a portfolio.
Time Horizon | Star Rating |
---|---|
Overall Rating | 5 out of 5 Stars |
3 Year Rating | 4 out of 5 Stars |
5 Year Rating | 5 out of 5 Stars |
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 | ICE BofA US High Yield TR USD |
---|---|
Category | |
Sponsor | Purpose Investments Inc. |
Inception | April 5, 2018 |
The fund’s investment objective is to seek to provide investors with a high yield by investing primarily in, or obtaining exposure primarily to, fixed income securities of corporate issuers located in Canada or the United States. Investments in fixed income securities generally will be below investment grade. To achieve its investment objective, the fund invests in an actively managed portfolio comprised primarily of Canadian and U.S. dollar denominated high yield debt securities, convertible bonds and loans and also may invest in any other yield-based security or asset class that develops over time. The fund seeks to select securities based on their expected return relative to risk characteristics, taking into consideration factors such as industry attractiveness, issuer credit quality, yield, duration and call protection.
Total Net Assets | $88.5M |
---|---|
Shares Out. | 4.9M |
Net Asset Value (NAV) | $19.21 |
Prem/Discount to NAV | 0.22% |
P/E Ratio | --- |
Dividend Yield | 6.03% |
Dividend per Share | 1.16 CAD |
Ex-Dividend Date | 11/27/2024 |
Dividend Payment Date | 12/3/2024 |
Beta | --- |
Morningstar Investment Style | High Yield Fixed Income |
Equity Style | Small Cap Value |
Credit Quality / Duration | --- |
Actual Management Fee | 0.80% |
---|---|
Actual Mgmt. Expense Ratio (MER) | 0.95% |