SYLD:CA:TSX-Purpose Strategic Yield Fund

ETF | High Yield Fixed Income | Toronto Stock Exchange

Last Closing

CAD 19.25

Change

0.00 (0.00)%

Market Cap

CAD 0.04B

Volume

1.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Inception Date: 05/04/2018

Primary Benchmark: ICE BofAML US High Yield TR CAD

Primary Index:

Gross Expense Ratio: %

Management Expense Ratio: 1.22 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
PSA Public Storage 8.00 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-06-16 )

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 %

-0.06 (-0.33%)

CAD 1.04B
MUB:CA Mackenzie Unconstrained Bond E.. 0.58 %

+0.07 (+0.38%)

CAD 0.90B
ZHY:CA BMO High Yield US Corporate Bo.. 0.60 %

N/A

CAD 0.81B
ZEF:CA BMO Emerging Markets Bond (CAD.. 0.55 %

-0.02 (-0.16%)

CAD 0.60B
XHY:CA iShares U.S. High Yield Bond I.. 0.67 %

+0.05 (+0.31%)

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

-0.23 (-0.85%)

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

N/A

CAD 0.09B
DXO:CA Dynamic Active Crossover Bond .. 0.56 %

+0.02 (+0.10%)

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

+0.04 (+0.24%)

CAD 0.05B
QHY:CA Mackenzie US High Yield Bond I.. 0.56 %

N/A

CAD 0.04B

ETFs Containing SYLD: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 3.61% 45% F 47% F
Dividend Return 2.61% 91% A- 71% C-
Total Return 6.22% 50% F 52% F
Trailing 12 Months  
Capital Gain -4.23% 5% F 49% F
Dividend Return 5.79% 90% A- 86% B+
Total Return 1.56% 5% F 57% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A F
Dividend Return N/A N/A N/A N/A F
Total Return N/A N/A N/A N/A F
Average Annual (5 Year Horizon)  
Capital Gain -0.49% 76% C+ 42% F
Dividend Return 0.41% 14% F 27% F
Total Return 0.90% 10% F 16% F
Risk Return Profile  
Volatility (Standard Deviation) 0.98% 100% F 99% N/A
Risk Adjusted Return 41.55% 33% F 57% F
Market Capitalization 0.04B 45% F 32% 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.

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.