Purpose U.S. Preferred Share -Sr F (Non-FX Hedged) (RAM871)
21.37
+0.02
(+0.10%)
CAD |
Apr 06 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.92% | 23.12M | -- | 10.22% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -2.466M | 4.48% |
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 |
| Equity Style | -- |
| 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:
24
-26.34M
Peer Group Low
21.82M
Peer Group High
1 Year
% Rank:
70
-2.466M
-151.52M
Peer Group Low
121.90M
Peer Group High
3 Months
% Rank:
47
-80.15M
Peer Group Low
59.26M
Peer Group High
3 Years
% Rank:
63
-510.70M
Peer Group Low
282.02M
Peer Group High
6 Months
% Rank:
72
-115.11M
Peer Group Low
94.35M
Peer Group High
5 Years
% Rank:
71
-813.67M
Peer Group Low
503.02M
Peer Group High
YTD
% Rank:
47
-80.15M
Peer Group Low
59.26M
Peer Group High
10 Years
% Rank:
76
-298.63M
Peer Group Low
773.33M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 07, 2026.
Asset Allocation
As of February 28, 2026.
| Type | % Net |
|---|---|
| Cash | 5.46% |
| Stock | 0.00% |
| Bond | 93.85% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.69% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| The PNC Financial Services Group, Inc. PNC 3.4 12/31/2099 FLT USD Corporate '26 | 5.10% | 98.39 | 0.08% |
|
USD Cash
|
5.07% | -- | -- |
| U.S. Bancorp USB 3.7 12/31/2099 FLT USD Corporate '27 | 5.01% | 98.02 | 0.02% |
| THE CHARLES SCHWAB CORPORATION SCH 4.0 12/31/2099 FLT USD Corporate '30 | 4.82% | 93.00 | 0.25% |
| M&T Bank Corporation MTB 3.5 12/31/2099 FLT USD Corporate '26 | 4.62% | 97.60 | 0.13% |
| The Bank of New York Mellon Corporation BNYMEL 3.75 12/31/2099 FLT USD Corporate '26 | 4.57% | 98.24 | 0.08% |
| HSBC HOLDINGS plc HSBC 12/31/2099 FLT USD Corporate '26 (Called) | 4.56% | 100.02 | -0.01% |
| Barclays PLC BACR 9.625 12/31/2099 FLT USD Corporate '30 | 3.91% | 109.75 | -0.11% |
| UBS Group AG UBSGRO 4.375 12/31/2099 FLT USD Corporate RegS '31 | 3.87% | 89.42 | 0.07% |
| Westpac Banking Corporation, New Zealand Branch WEBANK 5.0 12/31/2099 FLT USD Corporate '27 | 3.69% | 99.69 | 0.03% |
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 |
| Equity Style | -- |
| 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 (4-6-26) | 5.28% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 42 |
| Bond | |
| Yield to Maturity (2-28-26) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 37 |
As of February 28, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:RAM871.TO", "name") |
| Broad Asset Class: =YCI("M:RAM871.TO", "broad_asset_class") |
| Broad Category: =YCI("M:RAM871.TO", "broad_category_group") |
| Prospectus Objective: =YCI("M:RAM871.TO", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |