Purpose Monthly Income Fund (TSX:PIN)
Canada
· Delayed Price · Currency is CAD | Assets | 5.75M |
| Expense Ratio | 0.85% |
| PE Ratio | 16.50 |
| Dividend (ttm) | 1.00 |
| Dividend Yield | 5.78% |
| Ex-Dividend Date | Apr 28, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| 1-Year Return | +7.80% |
| Volume | 25 |
| Open | 17.69 |
| Previous Close | 17.72 |
| Day's Range | 17.69 - 17.69 |
| 52-Week Low | 16.79 |
| 52-Week High | 18.24 |
| Beta | 0.80 |
| Holdings | 191 |
| Inception Date | Sep 6, 2013 |
About PIN
Purpose Monthly Income Fund is an exchange traded fund launched and managed by Purpose Investments Inc. The fund is co-managed by Neuberger Berman Canada ULC. It invests in public equity and fixed income markets of the United States and Canada region. For its equity portion, the fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests in fixed income securities including inflation sensitive securities. Purpose Monthly Income Fund was formed on September 6, 2013 and is domiciled in Canada.
Performance
PIN had a total return of 7.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.45%.
Top 10 Holdings
100.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Canadian Dollar | n/a | 41.43% |
| iShares iBoxx $ High Yield Corporate Bond ETF | HYG | 23.12% |
| Purpose Global Bond Fund | BND | 15.18% |
| Purpose International Dividend Fund | PID | 7.92% |
| BMO Mid Corporate Bond Index ETF | ZCM | 3.52% |
| Purpose Gold Bullion Fund | KILO.B | 2.44% |
| Purpose Premium Yield Fund | PYF | 2.01% |
| Purpose Emerging Markets Dividend Fund | REM | 2.00% |
| BMO Mid Federal Bond Index ETF | ZFM | 1.52% |
| Purpose Cash Management Fund | MNY | 1.50% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 28, 2025 | 0.083 CAD | May 2, 2025 |
| Mar 27, 2025 | 0.083 CAD | Apr 2, 2025 |
| Feb 26, 2025 | 0.083 CAD | Mar 4, 2025 |
| Jan 29, 2025 | 0.083 CAD | Feb 4, 2025 |
| Dec 27, 2024 | 0.083 CAD | Jan 6, 2025 |
| Nov 27, 2024 | 0.083 CAD | Dec 3, 2024 |