When does Purpose Strategic Yield Fund pay distributions?▾
The most recent ex-dividend date was May 27, 2026. The next scheduled dividend payment date is June 2, 2026.
What does Purpose Strategic Yield Fund invest in?▾
The fund seek to generate high income through an actively managed basket of fixed income securities of corporate issuers located in the US or Canada. Such securities are generally comprised of high yield bonds, convertible bonds, and loans. Securities are selected based on their expected return relative to risk characteristics, taking into consideration factors such as industry attractiveness, issuer credit quality, yield, duration, and call protection. To a lesser extent, the fund may invest in other types of debt securities and dividend-paying stocks. The fund may also long other equities...
