Purpose Enhanced Premium Yield Fund (PAYF.TO) ETF Analysis

Fund Overview

Purpose Enhanced Premium Yield Fund (PAYF.TO) is an exchange-traded fund. The fund holds CA$57.27M in total net assets. The fund is issued by Purpose Investments Inc. The inception date on file is May 17, 2019.

The largest positions on file are Purpose Cash Management ETF (MNY.TO), Booking Holdings Inc (BKNG), and Microsoft Corp (MSFT). Purpose Cash Management ETF alone accounts for 62.01% of the portfolio. The ten largest positions together make up 79.48% of the fund.

Performance Analysis

The most recent close on file for PAYF.TO is CA$19.15, dated September 4, 2026. Over the trailing twelve months the price has returned +8.53%. Measured over 5 years, that is +8.31% a year compounded. The trailing distribution yield is 8.86%.

2026 is still running; the price is +7.79% year to date. Across the complete calendar years on file, 2023 returned +13.50% and 2022 returned −3.26%. Of the 6 complete calendar years on file, 5 finished higher.

Price & Risk Profile

Over the past 52 weeks the price has ranged from CA$17.54 to CA$19.40. The latest close sits 9.18% above that 52-week low. Annualized volatility over the trailing 7 years is 9.69%. Beta against the wider market is reported at 0.26. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.