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Purpose Tactical Investment Grade Bond Fund ETFBND.TOPAST TOP PICKJun 30, 2017Stock price when the opinion was issued
As of Jun 15, 2026. Market Open.
He normally has iShares DEX Short-Term Bond (XSB-T), but is looking for something that will give him a little bit of an edge. This is about 60% Canadian Corp., about 25% US, as well as some US high-yield. The distribution yield and their yield to maturity are close, which is unusual. They are also doing some covered calls on treasuries. He likes what they are doing.
(A Top Pick Feb 16/16. Up 6.28%.) This has some creative stuff and he had been looking for bond portfolios that are actively managed and a little bit outside the normal ETF’s. He is still buying some of this.