Inception Return
(3/15/2017)
|
2.50 %
|
|
YTD Return
|
0.63 %
|
|
NAVPS
(6/9/2026)
|
$19.21
|
|
Change
|
($0.01) / -0.03 %
|
|
|
Growth of $10,000
(As of May 31, 2026)
|
|
MER
|
0.95 %
|
|
Assets ($mil)
|
-
|
|
Rank (1Yr)
|
65/67
|
|
Std Dev (3Yr)
|
4.77 %
|
|
Volatility Ranking (3Yr)
|
2/10
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
No Load
|
|
Max Front End
|
-
|
|
Max Back End
|
-
|
|
Sales Status
|
Open
|
|
|
Objective
The fund seeks to provide unitholders with (i) with a regular stream of monthly distributions and (ii) opportunity for capital appreciation by investing primarily in U.S. dollar denominated investment grade preferred securities.
|
Fund Manager
Purpose Investments Inc.
Portfolio Manager
Nathan Kush, Neuberger Berman Investment Advisers LLC
Thomas Sobanski, Neuberger Berman Investment Advisers LLC
Dave Brown, Neuberger Berman Investment Advisers LLC
Joseph Lynch, Neuberger Berman Investment Advisers LLC
Sub-Advisor
Neuberger Berman Investment Advisers LLC
|
|
Asset Allocation
(As of May 31, 2026)
|
Sector Allocation
(As of May 31, 2026)
|
Geographic Allocation
(As of May 31, 2026)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| United States Dollar | Cash and Equivalents | Cash and Cash Equivalent | United States | 84.52% |
| EUR Currency | Cash and Equivalents | Cash and Cash Equivalent | Other European | 10.95% |
| British Pound Sterling | Cash and Equivalents | Cash and Cash Equivalent | European Union | 4.67% |
| Cash and Cash Equivalents | Cash and Equivalents | Cash and Cash Equivalent | Canada | 0.09% |
| Canadian Dollar | Cash and Equivalents | Cash and Cash Equivalent | Canada | -0.23% |
Performance Data
(As of May 31, 2026)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
0.22
|
0.27
|
1.06
|
0.63
|
3.94
|
8.69
|
0.84
|
-
|
|
Benchmark
|
1.56
|
3.15
|
6.09
|
4.47
|
16.11
|
17.42
|
6.44
|
7.01
|
|
Quartile Ranking
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
-
|
|
Calendar Return (%)
|
2025
|
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
|
Fund
|
4.96
|
11.88
|
3.81
|
-15.87
|
2.63
|
4.02
|
15.75
|
-6.14
|
-
|
-
|
|
Benchmark
|
16.03
|
24.70
|
5.90
|
-18.08
|
19.35
|
6.16
|
3.48
|
-7.93
|
13.62
|
6.98
|
|
Quartile Ranking
|
4
|
4
|
4
|
2
|
4
|
4
|
1
|
1
|
-
|
-
|