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About Purpose Enhanced Premium Yield Fund Trust Units
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Inception date
May 21, 2019
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Purpose Investments, Inc.
ISIN
CA74642M1005
The fund is a portfolio of the advisors highest convictions for US equity securities for capital appreciation and income. Using fundamental research for quality and value characteristics, half of the portfolio holds long stock positions. On this half of the portfolio, out-of-the-money calls are written. The remaining half of the portfolio remains in cash to collateralized near-the-money put option writing strategy. The option writing strategies are geared towards generating income or providing a small hedge for acquiring equity positions. Overall buy/sell decisions are based on the funds advisors macro and micro outlook for the US equity market.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Stocks12.63%
Technology Services3.20%
Consumer Non-Durables1.85%
Commercial Services1.62%
Finance1.45%
Energy Minerals1.28%
Health Technology1.17%
Health Services0.98%
Consumer Services0.76%
Non-Energy Minerals0.12%
Retail Trade0.07%
Utilities0.01%
Consumer Durables0.01%
Process Industries0.01%
Transportation0.01%
Industrial Services0.00%
Bonds, Cash & Other87.37%
ETF84.95%
Cash2.89%
Rights & Warrants−0.47%
Stock breakdown by region
North America99.88%
Oceania0.10%
Europe0.01%
Asia0.01%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PAYF last dividends amounted to 0.14 CAD. The month before, the issuer paid 0.14 CAD in dividends,
PAYF assets under management is 39.78 M CAD. It's risen 19.85% over the last month.
PAYF fund flows account for 28.29 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PAYF pays dividends to its holders with the dividend yield of 8.58%. The last dividend (Oct 2, 2025) amounted to 0.14 CAD. The dividends are paid monthly.
PAYF shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on May 21, 2019, and its management style is Active.
PAYF expense ratio is 1.46% meaning you'd have to pay 1.46% of your investment to help manage the fund.
PAYF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PAYF invests in funds.
PAYF price has fallen by −0.16% over the last month, and its yearly performance shows a 1.16% increase. See more dynamics on PAYF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.56% over the last month, showed a 2.85% increase in three-month performance and has increased by 11.56% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.56% over the last month, showed a 2.85% increase in three-month performance and has increased by 11.56% in a year.
PAYF trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.