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Purpose Investments Inc. Announces January 2025 Distributions

Written by Customer Service on . Posted in Dividend Reports And Estimates.

TORONTO, Jan. 20, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of January 2025 for its open-end exchange-traded funds and closed-end funds (“the Funds”).

The ex-distribution date for all Open-End Funds is January 29, 2025. The ex-distribution date for all closed-end funds is January 31, 2025.

Open-End FundsTicker SymbolDistribution per share/unitRecord DatePayable DateDistribution Frequency
Apple (AAPL) Yield Shares Purpose ETF – ETF UnitsAPLY$0.166701/29/202502/04/2025Monthly
Purpose Canadian Financial Income Fund – ETF SeriesBNC$0.1225¹01/29/202502/04/2025Monthly
Purpose Global Bond Fund – ETF UnitsBND$0.084001/29/202502/04/2025Monthly
Berkshire Hathaway (BRK) Yield Shares Purpose ETF – ETF UnitsBRKY$0.100001/29/202502/04/2025Monthly
Purpose Bitcoin Yield ETF – ETF UnitsBTCY$0.085001/29/202502/04/2025Monthly
Purpose Bitcoin Yield ETF – ETF Non-Currency Hedged UnitsBTCY.B$0.097001/29/202502/04/2025Monthly
Purpose Bitcoin Yield ETF – ETF USD UnitsBTCY.UUS $0.081501/29/202502/04/2025Monthly
Purpose Credit Opportunities Fund – ETF UnitsCROP$0.087501/29/202502/04/2025Monthly
Purpose Credit Opportunities Fund – ETF USD UnitsCROP.UUS $0.097501/29/202502/04/2025Monthly
Purpose Ether Yield – ETF UnitsETHY$0.040501/29/202502/04/2025Monthly
Purpose Ether Yield ETF – ETF Non-Currency Hedged UnitsETHY.B$0.050001/29/202502/04/2025Monthly
Purpose Ether Yield ETF – ETF Units Non-Currency Hedged USD UnitsETHY.UUS $0.039501/29/202502/04/2025Monthly
Purpose Global Flexible Credit Fund – ETF UnitsFLX$0.046101/29/202502/04/2025Monthly
Purpose Global Flexible Credit Fund – Non-Currency Hedged – ETF UnitsFLX.B$0.055101/29/202502/04/2025Monthly
Purpose Global Flexible Credit Fund – Non-Currency Hedged USD – ETF UnitsFLX.UUS $0.038501/29/202502/04/2025Monthly
Purpose Global Bond Class – ETF UnitsIGB$0.0860¹01/29/202502/04/2025Monthly
Microsoft (MSFT) Yield Shares Purpose ETF – ETF unitsMSFY$0.110001/29/202502/04/2025Monthly
Purpose Enhanced Premium Yield Fund – ETF SeriesPAYF$0.1375¹01/29/202502/04/2025Monthly
Purpose Total Return Bond Fund – ETF SeriesPBD$0.0590¹01/29/202502/04/2025Monthly
Purpose Core Dividend Fund – ETF SeriesPDF$0.1050¹01/29/202502/04/2025Monthly
Purpose Enhanced Dividend Fund – ETF SeriesPDIV$0.0950¹01/29/202502/04/2025Monthly
Purpose Real Estate Income Fund – ETF SeriesPHR$0.0720¹01/29/202502/04/2025Monthly
Purpose International Dividend Fund – ETF SeriesPID$0.078001/29/202502/04/2025Monthly
Purpose Monthly Income Fund – ETF SeriesPIN$0.0830¹01/29/202502/04/2025Monthly
Purpose Multi-Asset Income Fund – ETF UnitsPINC$0.084001/29/202502/04/2025Monthly
Purpose Conservative Income Fund – ETF SeriesPRP$0.0600¹01/29/202502/04/2025Monthly
Purpose Premium Yield Fund – ETF SeriesPYF$0.1100¹01/29/202502/04/2025Monthly
Purpose Premium Yield Fund Non-Currency Hedged – ETF SeriesPYF.B$0.1230¹01/29/202502/04/2025Monthly
Purpose Premium Yield Fund Non-Currency Hedged – ETF USD SeriesPYF.UUS $0.1200¹01/29/202502/04/2025Monthly
Purpose Core Equity Income Fund – ETF SeriesRDE$0.0875¹01/29/202502/04/2025Monthly
Purpose Emerging Markets Dividend Fund – ETF UnitsREM$0.095001/29/202502/04/2025Monthly
Purpose Canadian Preferred Share Fund – ETF UnitsRPS$0.095001/29/202502/04/2025Monthly
Purpose US Preferred Share Fund – ETF SeriesRPU$0.094001/29/202502/04/2025Monthly
Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units2RPU.B / RPU.U$0.094001/29/202502/04/2025Monthly
Purpose Strategic Yield Fund – ETF UnitsSYLD$0.097001/29/202502/04/2025Monthly
AMD (AMD) Yield Shares Purpose ETF – ETF SeriesYAMD$0.200001/29/202502/04/2025Monthly
Amazon (AMZN) Yield Shares Purpose ETF- ETF UnitsYAMZ$0.400001/29/202502/04/2025Monthly
Alphabet (GOOGL) Yield Shares Purpose ETF – ETF UnitsYGOG$0.250001/29/202502/04/2025Monthly
META (META) Yield Shares Purpose ETF – ETF SeriesYMET$0.160001/29/202502/04/2025Monthly
NVIDIA (NVDA) Yield Shares Purpose ETF – ETF UnitsYNVD$0.750001/29/202502/04/2025Monthly
Tesla (TSLA) Yield Shares Purpose ETF – ETF UnitsYTSL$0.550001/29/202502/04/2025Monthly
      
Closed-End FundsTicker SymbolDistribution
per share/unit		Record DatePayable DateDistribution Frequency
Big Banc Split Corp, Class ABNK$0.1200¹01/31/202502/14/2025Monthly
Big Banc Split Corp, Class ABNK.PR.A$0.0700¹01/31/202502/14/2025Monthly


Estimated January 2025 Distributions for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund

The January 2025 distribution rates for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund are estimated to be as follows:

Fund NameTicker SymbolEstimated Distribution per unitRecord DatePayable DateDistribution Frequency
Purpose USD Cash Management Fund – ETF UnitsMNU.UUS $0.367801/29/202502/04/2025Monthly
Purpose Cash Management Fund – ETF UnitsMNY$0.301201/29/202502/04/2025Monthly
Purpose High Interest Savings Fund – ETF UnitsPSA$0.128601/29/202502/04/2025Monthly
Purpose US Cash Fund – ETF UnitsPSU.UUS $0.346301/29/202502/04/2025Monthly

Purpose expects to issue a press release on or about January 28, 2025, which will provide the final distribution rate for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund. The ex-distribution date will be January 29, 2025.

 (1)Dividend is designated as an “eligible” Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
 (2)Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD; however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day foreign exchange rate prevailing on the ex-distribution date.


About Purpose Investments Inc.

Purpose Investments is an asset management company with more than $21 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.

For further information, please contact:
Keera Hart
Keera.Hart@kaiserpartners.com
905-580-1257

Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed; their values change frequently, and past performance may not be repeated.

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