All funds Index covered call

PAYF Purpose Enhanced Premium Yield Fund

Purpose Index covered call Monthly

Official fund page on Purpose's site
77of 100
Income Durability Score
#17 of 44 index covered call funds
Yield
8.9%
1-year return
+7.0%
Fee (MER)
0.94%
Worst drop
-12.6%
Liquidity
Low
1.6K units a day
About $29,983 traded
Distribution cuts
0
in the last 3 years

What drives the score

  • Income 77
  • Capital 74
  • Risk 100
  • Costs 46
  • Diversification 14

Each bar is out of 100. How the score is built.

What it could pay you

$371 a month, $4,450 a year before tax, assuming the price and payout stay as they are

PAYF yields 8.9% at today's price. Yields move with the unit price and the distribution, and covered-call payouts do get cut: try a cut above to see the effect.

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Fund vs owning its top 10 stocks

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Data as of Oct 26, 2026. PAYF is shown for information only: this is not a recommendation to buy or sell it.