Key stats
About Purpose Premium Yield Fund
Home page
Inception date
Jan 19, 2016
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
Distributor
Purpose Investments, Inc.
ISIN
CA74641L1031
The fund seeks to provide high monthly income and long-term capital appreciation by investing in global stocks companies through: (i) writing cash covered put options to reduce the net cost of acquiring securities and receive premiums, and (ii) directly investing in equity securities and writing call options on these securities to receive dividends and premiums. The fund may use derivatives in order to further meet its investment objectives, and may also engage in short selling or other securities lending transactions to generate additional income. Portfolio holdings are reconstituted and rebalanced on a quarterly basis.
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
Stocks6.36%
Health Technology1.04%
Health Services0.95%
Consumer Non-Durables0.80%
Technology Services0.63%
Industrial Services0.49%
Commercial Services0.42%
Finance0.39%
Consumer Services0.31%
Electronic Technology0.30%
Utilities0.28%
Retail Trade0.26%
Energy Minerals0.26%
Communications0.19%
Non-Energy Minerals0.04%
Bonds, Cash & Other93.64%
ETF92.75%
Cash0.76%
Rights & Warrants0.13%
Stock breakdown by region
North America99.19%
Europe0.81%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PYF top holdings are Purpose Cash Management Fund Trust Units and UnitedHealth Group Incorporated, occupying 92.29% and 0.95% of the portfolio correspondingly.
PYF last dividends amounted to 0.11 CAD. The month before, the issuer paid 0.11 CAD in dividends,
PYF assets under management is 311.56 M CAD. It's risen 6.67% over the last month.
PYF fund flows account for 164.59 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, PYF pays dividends to its holders with the dividend yield of 7.63%. The last dividend (Sep 3, 2025) amounted to 0.11 CAD. The dividends are paid monthly.
PYF shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Jan 19, 2016, and its management style is Active.
PYF expense ratio is 1.20% meaning you'd have to pay 1.20% of your investment to help manage the fund.
PYF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PYF invests in funds.
PYF price has risen by 0.06% over the last month, and its yearly performance shows a −0.77% decrease. See more dynamics on PYF price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.66% increase in three-month performance and has increased by 7.14% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.66% increase in three-month performance and has increased by 7.14% in a year.
PYF trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.