Purpose U.S. Preferred Share Series A (PFC4000)
17.67
+0.02
(+0.10%)
CAD |
Dec 11 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.80% | 25.10M | -- | 10.22% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -4.866M | 3.19% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| 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. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Equity |
| Global Peer Group | Equity Canada |
| Peer Group | Preferred Share Fixed Income |
| Global Macro | Equity North America |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Purpose Investments |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
60
-15.72M
Peer Group Low
4.825M
Peer Group High
1 Year
% Rank:
67
-4.866M
-222.71M
Peer Group Low
49.62M
Peer Group High
3 Months
% Rank:
82
-18.26M
Peer Group Low
30.85M
Peer Group High
3 Years
% Rank:
63
-583.26M
Peer Group Low
199.60M
Peer Group High
6 Months
% Rank:
78
-63.74M
Peer Group Low
55.49M
Peer Group High
5 Years
% Rank:
65
-840.14M
Peer Group Low
542.05M
Peer Group High
YTD
% Rank:
68
-218.63M
Peer Group Low
47.22M
Peer Group High
10 Years
% Rank:
75
-277.00M
Peer Group Low
697.04M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 12, 2025.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | 6.35% |
| Stock | 0.00% |
| Bond | 94.05% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.40% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| The PNC Financial Services Group, Inc. PNC 3.4 12/31/2099 FLT USD Corporate '26 | 5.08% | 97.18 | 0.07% |
| U.S. Bancorp USB 3.7 12/31/2099 FLT USD Corporate '27 | 4.96% | 97.25 | 0.12% |
| THE CHARLES SCHWAB CORPORATION SCH 4.0 12/31/2099 FLT USD Corporate '30 | 4.85% | 93.58 | 0.73% |
|
GBP Cash
|
4.75% | -- | -- |
| M&T Bank Corporation MTB 3.5 12/31/2099 FLT USD Corporate '26 | 4.52% | 96.79 | 0.05% |
| Citigroup Inc. C 3.875 12/31/2099 FLT USD Corporate '26 | 4.48% | 99.76 | 0.03% |
| The Bank of New York Mellon Corporation BNYMEL 3.75 12/31/2099 FLT USD Corporate '26 | 4.39% | 98.27 | 0.13% |
| HSBC HOLDINGS plc HSBC 4.0 12/31/2099 FLT USD Corporate '26 | 4.13% | 99.73 | 0.01% |
| Barclays PLC BACR 9.625 12/31/2099 FLT USD Corporate '30 | 3.55% | 112.84 | 0.12% |
| Bank of America Corporation BACORP 4.375 12/31/2099 FLT USD Corporate '27 | 3.52% | 98.80 | 0.20% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP |
|
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 100.00 None |
Basic Info
| Investment Strategy | |
| 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. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Equity |
| Global Peer Group | Equity Canada |
| Peer Group | Preferred Share Fixed Income |
| Global Macro | Equity North America |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Purpose Investments |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-11-25) | 5.98% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 47 |
| Bond | |
| Yield to Maturity (10-31-25) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 39 |
As of October 31, 2025
Fund Details
| Key Dates | |
| Inception Date | -- |
| Last Annual Report Date | 12/31/2024 |
| Last Prospectus Date | -- |
| Share Classes | |
| PFC4070 | Commission-based Advice |
| PFC4081 | Fee-based Advice |
| RAM801 | Fee-based Advice |
| RAM871 | Fee-based Advice |
| RAM880 | Commission-based Advice |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund |
|
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:PFC4000.TO", "name") |
| Broad Asset Class: =YCI("M:PFC4000.TO", "broad_asset_class") |
| Broad Category: =YCI("M:PFC4000.TO", "broad_category_group") |
| Prospectus Objective: =YCI("M:PFC4000.TO", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |