(As of 4/30/2023)

Purpose US Preferred Share Fund ETF (RPU)

(Preferred Share Fixed Income)
FundGrade A+® Rating recipient
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Inception Return
(3/15/2017) 		-0.25 %
YTD Return -3.73 %
NAVPS
(5/29/2023) 		$17.78
Change $0.01 / 0.08 %
Growth of $10,000 (As of April 30, 2023)
MER 0.96 %
Assets ($mil) -
Rank (1Yr) 67/72
Std Dev (3Yr) 10.13 %
Volatility Ranking (3Yr) 5/10
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

Purpose Investments Inc.

Sub-Advisor

Neuberger Berman Investment Advisers LLC

 
Asset Allocation
(As of April 30, 2023)
Sector Allocation
(As of April 30, 2023)
Geographic Allocation
(As of April 30, 2023)
Top 10 Holdings
NameAssetSectorGeographicPercent
Bank of New York Mellon Corporation (USD) (The) 3.75% 31-Dec-2049Foreign BondsFixed IncomeUnited States3.56%
US Bancorp 3.70% PERPForeign BondsFixed IncomeUnited States3.31%
Capital One Financial Corporation (USD) 3.95% 31-Dec-2049Foreign BondsFixed IncomeUnited States3.06%
Charles Schwab Corp 4.00% PERPForeign BondsFixed IncomeUnited States3.05%
Ally Financial Inc. (USD) 4.70% 31-Dec-2049Foreign BondsFixed IncomeUnited States3.04%
Skandinaviska Enskilda Bnkn AB 5.13% PERPForeign BondsFixed IncomeUnited States2.96%
BNP Paribas SA 7.38% PERPForeign BondsFixed IncomeUnited States2.95%
HSBC Holdings PLC 4.00% PERPForeign BondsFixed IncomeUnited States2.65%
M&T Bank Corporation (USD) 3.50% 31-Dec-2049Foreign BondsFixed IncomeUnited States2.58%
BP Capital Markets PLC 3.63% PERPForeign BondsFixed IncomeOther European2.54%

Performance Data (As of April 30, 2023)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.46 -10.06 0.13 -3.73 -10.18 -2.18 -0.87 -   
Benchmark 8.15 3.11 7.97 10.61 0.00 9.71 1.92 1.46
Quartile Ranking 2 4 3 4 4 4 4 -

Calendar Return (%) 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Fund -15.87 2.63 4.02 15.75 -6.14 -      -      -      -      -     
Benchmark -18.08 19.35 6.16 3.48 -7.93 13.62 6.98 -14.95 6.82 -2.64
Quartile Ranking 2 4 4 1 1 - - - - -

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