PAYF Purpose Enhanced Premium Yield Fund
A less-risky way to generate higher income from equities, built on the foundation of our proven options-writing strategy, Purpose Premium Yield Fund.
Last close $18.45 on Nov 10, 2026
Purpose Index covered call Monthly
Official fund page on Purpose's siteIncome Durability Score
#22 of 48 index covered call funds
Yield
9.0%
1-year return
+6.4%
Fee (MER)
0.94%
Worst drop
-12.6%
Liquidity
Low
1.8K units a day
About $32,888 traded
Risk rating
Medium
Rated by Purpose
PAYF top 10 holdings
As at Nov 2, 2026, as Purpose published them.
| Holding | Weight |
|---|---|
| Visa Inc. | 2.4% |
| Coca-Cola Co | 2.2% |
| Blackrock Funding Inc/De | 2.1% |
| iShares 20+ Year Treasury Bond | 2.1% |
| Nextera Energy Inc | 2.1% |
| Crh Plc | 2.1% |
| iShares MSCI Eafe ETF | 2.0% |
| Home Depot Inc | 1.9% |
| Morgan Stanley | 1.9% |
| CVS Health Corp | 1.9% |
PAYF distribution history
Pays monthly. Last paid $0.138 a unit on Oct 28, 2026. $1.66 a unit in cash over the 12 months to then. What would $10,000 of PAYF pay? Try the income calculator.
| Pay date | Per unit |
|---|---|
| Oct 28, 2026 | $0.138 |
| Sep 28, 2026 | $0.138 |
| Aug 27, 2026 | $0.138 |
| Jul 29, 2026 | $0.138 |
| Jun 26, 2026 | $0.138 |
| May 27, 2026 | $0.138 |
| Apr 28, 2026 | $0.138 |
| Mar 27, 2026 | $0.138 |
| Feb 25, 2026 | $0.138 |
| Jan 28, 2026 | $0.138 |
| Dec 29, 2025 | $0.138 |
| Nov 26, 2025 | $0.138 |
Loading charts and comparison…
Fund vs owning its top 10 stocks
Loading…
What drives the score
- Income 77
- Capital 72
- Risk 100
- Costs 46
- Diversification 14
Each bar is out of 100. How the score is built.
Similar funds
Data as of Nov 10, 2026. PAYF is shown for information only: this is not a recommendation to buy or sell it.