(As of 12/31/2024)

Purpose US Preferred Share Fund ETF (RPU)

(Preferred Share Fixed Income)
FundGrade A+® Rating recipient
For more information about FundGrade click here






Inception Return
(3/15/2017) 		2.23 %
YTD Return 11.88 %
NAVPS
(1/13/2025) 		$19.68
Change ($0.03) / -0.13 %
Growth of $10,000 (As of December 31, 2024)
MER 0.96 %
Assets ($mil) -
Rank (1Yr) 60/63
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

Neuberger Berman Investment Advisers LLC

Sub-Advisor

Neuberger Berman Investment Advisers LLC

 
Asset Allocation
(As of December 31, 2024)
Sector Allocation
(As of December 31, 2024)
Geographic Allocation
(As of December 31, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
US Bancorp (USD) 3.70% 15-Jan-2170Foreign BondsFixed IncomeUnited States4.74%
Bank of New York Mellon Corporation (USD) (The) 3.75% 31-Dec-2049Foreign BondsFixed IncomeUnited States4.70%
Charles Schwab Corp - PfdUS EquityFinancial ServicesUnited States4.67%
PNC Financial Services Group Inc. (USD) (The) 3.40% 15-Dec-2169Foreign BondsFixed IncomeUnited States4.52%
M&T Bank Corporation (USD) 3.50% 31-Dec-2049Foreign BondsFixed IncomeUnited States3.95%
Citigroup Inc. (USD) 3.88% 18-May-2169Foreign BondsFixed IncomeUnited States3.87%
Skandinaviska Enskilda Bnkn AB 5.13% PERPForeign BondsFixed IncomeUnited States3.66%
BNP Paribas SA 7.38% PERPForeign BondsFixed IncomeUnited States3.62%
HSBC Holdings PLC 4.00% PERPForeign BondsFixed IncomeUnited States3.58%
JPMorgan Chase & Company (USD) 3.65% 31-Dec-2049Foreign BondsFixed IncomeUnited States3.47%

Performance Data (As of December 31, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.23 1.11 4.63 11.88 11.88 -0.77 0.85 -   
Benchmark 2.59 3.49 9.20 24.70 24.70 2.66 6.51 3.05
Quartile Ranking 4 4 4 4 4 4 4 -

Calendar Return (%) 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund 11.88 3.81 -15.87 2.63 4.02 15.75 -6.14 -      -      -     
Benchmark 24.70 5.90 -18.08 19.35 6.16 3.48 -7.93 13.62 6.98 -14.95
Quartile Ranking 4 4 2 4 4 1 1 - - -

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