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.

Show full opinionHide full opinion

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.

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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Purpose Premium Yield Fund(PYF-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Purpose Premium Yield Fund is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Purpose Premium Yield Fund(PYF-T) Frequently Asked Questions

What is Purpose Premium Yield Fund stock symbol?

Purpose Premium Yield Fund is a Canadian stock, trading under the symbol PYF-T on the Toronto Stock Exchange (PYF-CT). It is usually referred to as TSX:PYF or PYF-T

Is Purpose Premium Yield Fund a buy or a sell?

In the last year, there was no coverage of Purpose Premium Yield Fund published on Stockchase.

Is Purpose Premium Yield Fund a good investment or a top pick?

Purpose Premium Yield Fund was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Purpose Premium Yield Fund.

Why is Purpose Premium Yield Fund stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Purpose Premium Yield Fund worth watching?

In the last year, there was no coverage of Purpose Premium Yield Fund published on Stockchase.

What is Purpose Premium Yield Fund stock price?

On 2020-07-31, Purpose Premium Yield Fund (PYF-T) stock closed at a price of $17.32.