Purpose Premium Yield Fund

PYF-T

Analysis and Opinions about PYF-T

Signal
Opinion
Expert
COMMENT
COMMENT
August 31, 2018

This fund writes put options. This relies on the management as you don’t want to be made long a group of weak stocks. This is a short volatility strategy. You just need to know what your strategy is.

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This fund writes put options. This relies on the management as you don’t want to be made long a group of weak stocks. This is a short volatility strategy. You just need to know what your strategy is.

BUY
BUY
September 18, 2017

He loves the strategy. They are consistently taking in yield in the fund and then pay out 6%. The US exposure has hurt them a little over the last year. Option strategy premiums are lower at the moment.

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He loves the strategy. They are consistently taking in yield in the fund and then pay out 6%. The US exposure has hurt them a little over the last year. Option strategy premiums are lower at the moment.

BUY
BUY
August 8, 2017

He likes a lot of the stuff that Purpose has been doing. They are very creative in some of the things they do. Involves a lot of quantitative stuff and Covered Calls on various equities. Slightly riskier, but he would certainly be a buyer. Wouldn’t have it as his total income, but would have it as a portion. When looking at yield, you want to have several different things to look at.

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He likes a lot of the stuff that Purpose has been doing. They are very creative in some of the things they do. Involves a lot of quantitative stuff and Covered Calls on various equities. Slightly riskier, but he would certainly be a buyer. Wouldn’t have it as his total income, but would have it as a portion. When looking at yield, you want to have several different things to look at.

John Hood

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Price
$19.250
Owned
Unknown
BUY
BUY
July 24, 2017

An excellent way of sitting on cash. Between now and mid-October, we have volatile markets seasonally and this is a cash equivalent.

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An excellent way of sitting on cash. Between now and mid-October, we have volatile markets seasonally and this is a cash equivalent.

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