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.

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.

Mike Philbrick
President, ReSolve Asset Management
Price
$19.210
Owned
No
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.

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.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$19.200
Owned
Yes
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.

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
President & Portfolio Manager, J. C Hood Investment.
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.

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

Don Vialoux
Research Analyst, TimingTheMarket.CA & EquityClock.COM
Price
$19.290
Owned
Unknown
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