(As of 7/31/2024)

Purpose US Preferred Share Fund ETF (RPU)

(Preferred Share Fixed Income)
FundGrade A+® Rating recipient
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Inception Return
(3/15/2017) 		1.88 %
YTD Return 8.01 %
NAVPS
(9/9/2024) 		$19.68
Change $0.02 / 0.08 %
Growth of $10,000 (As of July 31, 2024)
MER 0.88 %
Assets ($mil) -
Rank (1Yr) 63/66
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 July 31, 2024)
Sector Allocation
(As of July 31, 2024)
Geographic Allocation
(As of July 31, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
Bank of New York Mellon Corporation (USD) (The) 3.75% 31-Dec-2049Foreign BondsFixed IncomeUnited States4.18%
Charles Schwab Corp - PfdUS EquityFinancial ServicesUnited States4.14%
Capital One Financial Corporation (USD) 3.95% 31-Dec-2049Foreign BondsFixed IncomeUnited States3.91%
PNC Financial Services Group Inc. (USD) (The) 3.40% 15-Dec-2169Foreign BondsFixed IncomeUnited States3.90%
US Bancorp (USD) 3.70% 15-Jan-2170Foreign BondsFixed IncomeUnited States3.79%
JPMorgan Chase & Company (USD) 3.65% 31-Dec-2049Foreign BondsFixed IncomeUnited States3.76%
Bank of America Corporation (USD) 4.38% 31-Dec-2049Foreign BondsFixed IncomeUnited States3.62%
M&T Bank Corporation (USD) 3.50% 31-Dec-2049Foreign BondsFixed IncomeUnited States3.57%
Citigroup Inc. (USD) 3.88% 18-May-2169Foreign BondsFixed IncomeUnited States3.41%
Skandinaviska Enskilda Bnkn AB 5.13% PERPForeign BondsFixed IncomeUnited States3.29%

Performance Data (As of July 31, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 1.02 3.57 5.04 8.01 12.95 -2.15 1.05 -   
Benchmark 2.25 5.23 10.35 16.76 21.70 1.62 5.76 2.47
Quartile Ranking 4 4 4 4 4 4 4 -

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 3.81 -15.87 2.63 4.02 15.75 -6.14 -      -      -      -     
Benchmark 5.90 -18.08 19.35 6.16 3.48 -7.93 13.62 6.98 -14.95 6.82
Quartile Ranking 4 2 4 4 1 1 - - - -

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