When does Purpose Monthly Income Fund pay distributions?▾
The most recent ex-dividend date was April 28, 2026. The next scheduled dividend payment date is May 4, 2026.
What does Purpose Monthly Income Fund invest in?▾
The fund tactically allocates a broad range of asset classes to provide income and monthly distributions. The fund utilizes a risk-parity weighting, which means portfolio risk, as measured by volatility of the rate of return on the portfolio, is spread equally across all asset classes. Resulting in all asset classes having the same marginal contribution to the total risk of the portfolio. To realize the strategy and generate income, PIN may write cash-covered put options, write covered call options, use warrants, ETFs and derivatives such as options, forward contracts, futures contracts and...
