ducovest

PBD:CA:TSX-Purpose Total Return Bond Fund (CAD)

ETF | High Yield Fixed Income | Toronto Stock Exchange

Last Closing

CAD 16.54

Change

-0.11 (-0.66)%

Market Cap

CAD 0.08B

Volume

0.01M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The Purpose Total Return Bond Fund seeks to achieve a positive total return in diverse market environments over time by tactically allocating its assets among a broad range of fixed income securities, including government debt, investment grade corporate debt and high yield debt.

Company Website : www.purposeinvest.com

Currency: CAD

Country : Canada

Inception Date: 04/09/2013

Primary Benchmark: FTSE Canada Universe Bond

Primary Index: Barclays Global High Yield TR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.72 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
HYG iShares iBoxx $ High Yield Corporate Bond ETF 66.65 %
BND Vanguard Total Bond Market Index Fund ETF Shares 15.02 %
MNY MoneyHero Limited Class A Ordinary Shares 7.38 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-23 )

Largest Industry Peers for High Yield Fixed Income

Symbol Name Mer Price(Change) Market Cap
ZJK:CA BMO High Yield US Corporate Bo.. 0.58 %

-0.01 (-0.05%)

 CAD 1.10B
ZHY:CA BMO High Yield US Corporate Bo.. 0.60 %

-0.01 (-0.09%)

 CAD 0.98B
ZEF:CA BMO Emerging Markets Bond (CAD.. 0.55 %

-0.04 (-0.33%)

 CAD 0.62B
XHY:CA iShares U.S. High Yield Bond I.. 0.67 %

-0.05 (-0.30%)

 CAD 0.48B
CVD:CA iShares Convertible Bond Commo.. 0.50 %

+0.05 (+0.29%)

 CAD 0.10B
SYLD:CA Purpose Strategic Yield Fund E.. 1.22 %

N/A

 CAD 0.10B
XSI:CA iShares Short Term Strategic F.. 0.56 %

+0.03 (+0.18%)

 CAD 0.04B
QHY:CA Mackenzie US High Yield Bond I.. 0.56 %

+0.32 (+0.39%)

 CAD 0.04B
ZGSB:CA BMO Global Strategic Bond ETF 0.82 %

-0.08 (-0.29%)

 CAD 0.01B
DXO:CA Dynamic Active Crossover Bond .. 0.56 %

-0.02 (-0.10%)

 N/A

ETFs Containing PBD:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (High Yield Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return 3.57% 17% F 51% F
Total Return 3.57% 8% B- 22% F
Trailing 12 Months  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return 3.57% 8% B- 47% F
Total Return 3.57% 8% B- 20% F
Trailing 5 Years  
Capital Gain -9.77% 67% D+ 27% F
Dividend Return 17.26% 17% F 50% F
Total Return 7.49% 33% F 25% F
Average Annual (5 Year Horizon)  
Capital Gain -2.30% 42% F 18% F
Dividend Return -1.11% 17% F 16% F
Total Return 1.19% 8% B- 47% F
Risk Return Profile  
Volatility (Standard Deviation) 5.20% 100% F 91% A-
Risk Adjusted Return -21.35% 8% B- 12% F
Market Capitalization 0.08B 20% F 11% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.