ducovest

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

ETF | High Yield Fixed Income | Toronto Stock Exchange

Last Closing

CAD 16.44

Change

0.00 (0.00)%

Market Cap

CAD 0.08B

Volume

600.00

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

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

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 %

N/A

 CAD 1.04B
ZHY:CA BMO High Yield US Corporate Bo.. 0.60 %

N/A

 CAD 0.95B
MUB:CA Mackenzie Unconstrained Bond E.. 0.58 %

N/A

 CAD 0.90B
ZEF:CA BMO Emerging Markets Bond (CAD.. 0.55 %

N/A

 CAD 0.61B
XHY:CA iShares U.S. High Yield Bond I.. 0.67 %

N/A

 CAD 0.41B
ZGSB:CA BMO Global Strategic Bond ETF 0.82 %

N/A

 CAD 0.18B
CVD:CA iShares Convertible Bond Commo.. 0.50 %

N/A

 CAD 0.09B
SYLD:CA Purpose Strategic Yield Fund E.. 1.22 %

N/A

 CAD 0.07B
DXO:CA Dynamic Active Crossover Bond .. 0.56 %

N/A

 CAD 0.06B
XSI:CA iShares Short Term Strategic F.. 0.56 %

N/A

 CAD 0.04B

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 -0.60% 17% F 21% F
Dividend Return 0.71% 17% F 31% F
Total Return 0.11% 8% B- 23% F
Trailing 12 Months  
Capital Gain 0.43% 25% F 36% F
Dividend Return 1.44% 8% B- 29% F
Total Return 1.87% 17% F 33% F
Trailing 5 Years  
Capital Gain -10.51% 75% C 28% F
Dividend Return 6.28% 8% B- 28% F
Total Return -4.23% 17% F 25% F
Average Annual (5 Year Horizon)  
Capital Gain -2.97% 77% C+ 26% F
Dividend Return -1.83% 15% F 24% F
Total Return 1.14% 8% B- 37% F
Risk Return Profile  
Volatility (Standard Deviation) 4.72% 92% A 89% A-
Risk Adjusted Return -38.80% 8% B- 18% F
Market Capitalization 0.08B 8% B- 17% 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.