Question 1

What is PYF?

Accepted Answer

PYF — Purpose Premium Yield Fund Series ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the PYF ETF price today?

Accepted Answer

PYF last traded at $16.58 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the PYF MER (management expense ratio)?

Accepted Answer

PYF has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, PYF is considered a low-cost ETF.

Question 4

What are PYF annualised returns?

Accepted Answer

PYF historical returns: YTD: -1.54%, 1-year: +3.07%, 3-year annualised: +6.59%, 5-year annualised: +6.27%, 10-year annualised: +4.70%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.41, which measures risk-adjusted return.

Question 5

Does PYF pay dividends or distributions?

Accepted Answer

Yes, PYF distributes income to unitholders. The current distribution yield is approximately 6.94%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does PYF invest in?

Accepted Answer

PYF's top holdings include Purpose Cash Management Fund ETF Units (MNY, 91.8%), iShares 20+ Year Treasury Bond ETF (TLT, 1.6%), Microsoft Corporation (MSFT, 1.4%), Procter & Gamble Company (PG, 1.3%), The Home Depot Inc (HD, 1.3%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar DM REIT GR CAD.

Question 7

What sectors does PYF invest in?

Accepted Answer

PYF's largest sector exposures are Technology (24.7%), Consumer Cyclicals (23.8%), Consumer Defensive (14.3%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is PYF? (Assets under management)

Accepted Answer

PYF has approximately $300M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was PYF launched?

Accepted Answer

PYF was launched on January 19, 2016, giving it a 10-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy PYF in Canada?

Accepted Answer

PYF trades on the TSX under the ticker PYF. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is PYF?

Accepted Answer

PYF has a 1-year volatility of 1.84% and a beta of 0.08 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.41 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-10-01	$16.56	$16.58	$16.53	$16.58	$16.58	6,718
2026-09-30	$16.56	$16.57	$16.55	$16.55	$16.55	1,700
2026-09-29	$16.58	$16.59	$16.58	$16.58	$16.58	10,200
2026-09-28	$16.59	$16.59	$16.57	$16.57	$16.57	33,991
2026-09-25	$16.67	$16.68	$16.64	$16.65	$16.56	16,900
2026-09-24	$16.67	$16.67	$16.62	$16.63	$16.63	28,229
2026-09-23	$16.63	$16.68	$16.63	$16.65	$16.65	8,540
2026-09-22	$16.66	$16.68	$16.66	$16.66	$16.66	15,905
2026-09-21	$16.67	$16.71	$16.67	$16.68	$16.68	8,823
2026-09-18	$16.69	$16.70	$16.68	$16.70	$16.70	12,422

#	Ticker	Name	Weight
1	MNY	Purpose Cash Management Fund ETF Units	91.83%
2	TLT	iShares 20+ Year Treasury Bond ETF	1.56%
3	MSFT	Microsoft Corporation	1.37%
4	PG	Procter & Gamble Company	1.31%
5	HD	The Home Depot Inc	1.25%
6	ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	0.93%
7	NOW	ServiceNow Inc	0.73%
8	NEE	Nextera Energy Inc	0.65%
9	CRH	CRH PLC	0.64%
10	BKNG	Booking Holdings Inc	0.56%

Sector	Weight
Technology	24.74%
Consumer Cyclicals	23.80%
Consumer Defensive	14.27%
Healthcare	11.44%
Basic Materials	7.64%
Utilities	7.05%
Communication Services	4.82%
Financial Services	4.45%
Industrials	1.49%
Energy	0.27%
Real Estate	0.04%

Ticker	Name	Price	1D
MSTU		$43.77	+9.62%
OILU		$59.51	+6.19%
HOU	BetaPro Crude Oil Daily Bull ETF	$26.42	+5.98%
MUU		$19.42	+5.72%
RDDY	Harvest Reddit Enhanced High Income Shares ETF	$4.63	+5.71%
MSTE	Harvest MicroStrategy Enhanced High Income Shares ETF - Class A Units	$2.85	+4.40%
CSHI	Ninepoint Constellation Software HighShares ETF	$12.40	+4.11%
HND	BetaPro Natural Gas 2x Daily Bear	$24.40	+4.01%

CIBC Investor's Edge

Purpose Premium Yield Fund Series ETF (PYF : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Purpose Premium Yield Fund Series ETF

ETF Details

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Frequently Asked Questions — PYF