(As of 10/31/2023)

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) 		-0.38 %
YTD Return -4.65 %
NAVPS
(11/29/2023) 		$18.07
Change $0.06 / 0.35 %
Growth of $10,000 (As of October 31, 2023)
MER 0.88 %
Assets ($mil) -
Rank (1Yr) 6/70
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 October 31, 2023)
Sector Allocation
(As of October 31, 2023)
Geographic Allocation
(As of October 31, 2023)
Top 10 Holdings
NameAssetSectorGeographicPercent
Bank of New York Mellon Corporation (USD) (The) 3.75% 31-Dec-2049Foreign BondsFixed IncomeUnited States3.73%
Skandinaviska Enskilda Bnkn AB 5.13% PERPForeign BondsFixed IncomeUnited States3.44%
US Bancorp (USD) 3.70% 15-Jan-2170Foreign BondsFixed IncomeUnited States3.41%
BNP Paribas SA 7.38% PERPForeign BondsFixed IncomeUnited States3.38%
Capital One Financial Corporation (USD) 3.95% 31-Dec-2049Foreign BondsFixed IncomeUnited States3.19%
Charles Schwab Corp - PfdUS EquityFinancial ServicesUnited States3.07%
M&T Bank Corporation (USD) 3.50% 31-Dec-2049Foreign BondsFixed IncomeUnited States2.97%
HSBC Holdings PLC 4.00% PERPForeign BondsFixed IncomeUnited States2.95%
Societe Generale SA 4.75% PERPForeign BondsFixed IncomeUnited States2.94%
Ally Financial Inc. (USD) 4.70% 31-Dec-2049Foreign BondsFixed IncomeUnited States2.90%

Performance Data (As of October 31, 2023)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -1.91 -3.95 -0.96 -4.65 -0.83 -4.84 -1.00 -   
Benchmark -2.80 -5.55 -6.42 -4.04 -6.32 0.35 -0.94 0.44
Quartile Ranking 1 2 1 4 1 4 3 -

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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