Purpose Investments Inc. Announces August 2025 Distributions
The ex-distribution date for all Open-End Funds is August 27, 2025. The ex-distribution date for all closed-end funds is August 29, 2025.
Open-End Funds Ticker
Symbol Distribution
per
share/unit Record
Date Payable
Date Distribution
Frequency
Apple (AAPL) Yield Shares Purpose ETF - ETF Units APLY $0.1667 08/27/2025 09/03/2025 Monthly
Purpose Canadian Financial Income Fund - ETF Series BNC $0.1225¹ 08/27/2025 09/03/2025 Monthly
Purpose Global Bond Fund - ETF Units BND $0.0866 08/27/2025 09/03/2025 Monthly
Berkshire Hathaway (BRK) Yield Shares Purpose ETF - ETF Units BRKY $0.1500 08/27/2025 09/03/2025 Monthly
Purpose Bitcoin Yield ETF - ETF Units BTCY $0.0850 08/27/2025 09/03/2025 Monthly
Purpose Bitcoin Yield ETF - ETF Non-Currency Hedged Units BTCY.B $0.0970 08/27/2025 09/03/2025 Monthly
Purpose Bitcoin Yield ETF - ETF USD Units BTCY.U US $0.0815 08/27/2025 09/03/2025 Monthly
Purpose Credit Opportunities Fund - ETF Units CROP $0.0875 08/27/2025 09/03/2025 Monthly
Purpose Credit Opportunities Fund - ETF USD Units CROP.U US $0.0975 08/27/2025 09/03/2025 Monthly
Purpose Ether Yield - ETF Units ETHY $0.0473 08/27/2025 09/03/2025 Monthly
Purpose Ether Yield ETF - ETF Non-Currency Hedged Units ETHY.B $0.0584 08/27/2025 09/03/2025 Monthly
Purpose Ether Yield ETF - ETF Units Non-Currency Hedged USD Units ETHY.U US $0.0461 08/27/2025 09/03/2025 Monthly
Purpose Global Flexible Credit Fund - ETF Units FLX $0.0461 08/27/2025 09/03/2025 Monthly
Purpose Global Flexible Credit Fund - Non-Currency Hedged - ETF Units FLX.B $0.0551 08/27/2025 09/03/2025 Monthly
Purpose Global Flexible Credit Fund - Non-Currency Hedged USD - ETF Units FLX.U US $0.0385 08/27/2025 09/03/2025 Monthly
Purpose Global Bond Class - ETF Units IGB $0.0723¹ 08/27/2025 09/03/2025 Monthly
Microsoft (MSFT) Yield Shares Purpose ETF - ETF units MSFY $0.1500 08/27/2025 09/03/2025 Monthly
Purpose Enhanced Premium Yield Fund - ETF Series PAYF $0.1375¹ 08/27/2025 09/03/2025 Monthly
Purpose Total Return Bond Fund - ETF Series PBD $0.0590¹ 08/27/2025 09/03/2025 Monthly
Purpose Core Dividend Fund - ETF Series PDF $0.1050¹ 08/27/2025 09/03/2025 Monthly
Purpose Enhanced Dividend Fund - ETF Series PDIV $0.0950¹ 08/27/2025 09/03/2025 Monthly
Purpose Real Estate Income Fund - ETF Series PHR $0.0720¹ 08/27/2025 09/03/2025 Monthly
Purpose International Dividend Fund - ETF Series PID $0.0780 08/27/2025 09/03/2025 Monthly
Purpose Monthly Income Fund - ETF Series PIN $0.0830¹ 08/27/2025 09/03/2025 Monthly
Purpose Multi-Asset Income Fund - ETF Units PINC $0.0840 08/27/2025 09/03/2025 Monthly
Purpose Conservative Income Fund - ETF Series PRP $0.0600¹ 08/27/2025 09/03/2025 Monthly
Purpose Premium Yield Fund - ETF Series PYF $0.1100¹ 08/27/2025 09/03/2025 Monthly
Purpose Premium Yield Fund Non-Currency Hedged - ETF Series PYF.B $0.1230¹ 08/27/2025 09/03/2025 Monthly
Purpose Premium Yield Fund Non-Currency Hedged - ETF USD Series PYF.U US $0.1200¹ 08/27/2025 09/03/2025 Monthly
Purpose Core Equity Income Fund - ETF Series RDE $0.0875¹ 08/27/2025 09/03/2025 Monthly
Purpose Emerging Markets Dividend Fund - ETF Units REM $0.0950 08/27/2025 09/03/2025 Monthly
Purpose Canadian Preferred Share Fund - ETF Units RPS $0.0950 08/27/2025 09/03/2025 Monthly
Purpose US Preferred Share Fund - ETF Series RPU $0.0940 08/27/2025 09/03/2025 Monthly
Purpose US Preferred Share Fund Non-Currency Hedged - ETF Units2 RPU.B /
RPU.U $0.0940 08/27/2025 09/03/2025 Monthly
Purpose Strategic Yield Fund - ETF Units SYLD $0.0970 08/27/2025 09/03/2025 Monthly
AMD (AMD) Yield Shares Purpose ETF - ETF Series YAMD $0.3000 08/27/2025 09/03/2025 Monthly
Amazon (AMZN) Yield Shares Purpose ETF- ETF Units YAMZ $0.4500 08/27/2025 09/03/2025 Monthly
Broadcom (AVGO) Yield Shares Purpose ETF - ETF Series YAVG $0.2200 08/27/2025 09/03/2025 Monthly
Coinbase (COIN) Yield Shares Purpose ETF - ETF Series YCON $0.3500 08/27/2025 09/03/2025 Monthly
Costco (COST) Yield Shares Purpose ETF - ETF Series YCST $0.1600 08/27/2025 09/03/2025 Monthly
Alphabet (GOOGL) Yield Shares Purpose ETF - ETF Units YGOG $0.2800 08/27/2025 09/03/2025 Monthly
Tech Innovators Yield Shares Purpose ETF - ETF Series YMAG $0.2000 08/27/2025 09/03/2025 Monthly
META (META) Yield Shares Purpose ETF - ETF Series YMET $0.3000 08/27/2025 09/03/2025 Monthly
Netflix (NFLX) Yield Shares Purpose ETF - ETF Series YNET $0.2500 08/27/2025 09/03/2025 Monthly
NVIDIA (NVDA) Yield Shares Purpose ETF - ETF Units YNVD $0.7500 08/27/2025 09/03/2025 Monthly
Palantir (PLTR) Yield Shares Purpose ETF - ETF Series YPLT $0.4000 08/27/2025 09/03/2025 Monthly
Tesla (TSLA) Yield Shares Purpose ETF - ETF Units YTSL $0.6000 08/27/2025 09/03/2025 Monthly
UnitedHealth Group (UHN) Yield Shares Purpose ETF - ETF Series YUNH $0.1500 08/27/2025 09/03/2025 Monthly
Closed-End Funds Ticker
Symbol Distribution
per
share/unit Record
Date Payable
Date Distribution
Frequency
Big Banc Split Corp, Class A BNK $0.1200¹ 08/29/2025 09/12/2025 Monthly
Big Banc Split Corp - Preferred Shares BNK.PR.A $0.0700¹ 08/29/2025 09/12/2025 Monthly
Estimated August 2025 Distributions for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund
The August 2025 distribution rates for the 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 Name Ticker
Symbol Estimated
Distribution
per unit Record
Date Payable
Date Distribution
Frequency
Purpose USD Cash Management Fund - ETF Units MNU.U US $0.3410 08/27/2025 09/03/2025 Monthly
Purpose Cash Management Fund - ETF Units MNY $0.2139 08/27/2025 09/03/2025 Monthly
Purpose High Interest Savings Fund - ETF Units PSA $0.1048 08/27/2025 09/03/2025 Monthly
Purpose US Cash Fund - ETF Units PSU.U US $0.3398 08/27/2025 09/03/2025 Monthly
Purpose expects to issue a press release on or about August 26, 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 August 27, 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 email us at info@purposeinvest.com.
Media inquiries, 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.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CTV News
8 minutes ago
- CTV News
‘More supply is a key contributor to reaching more affordable markets': CMHC economist
Tania Bourassa-Ochoa, Deputy Chief Economist at CMHC, joins BNN Bloomberg to discuss the increase in Canadian housing starts for the month of July.
Globe and Mail
8 minutes ago
- Globe and Mail
FTNT Rides on Strong Billings Trend: Will the Momentum Sustain?
FortinetFTNT is sustaining its strong momentum, with billings once again proving to be a key growth driver. After posting 13.5% year-over-year growth in billings in the first quarter, the company maintained its momentum in the second quarter with a 15% jump to $1.78 billion. This steady growth highlights the strength of Fortinet's demand pipeline and signals a healthy trajectory for upcoming quarters. Unified SASE and Security Operations (SecOps) solutions remain central to this performance, expanding 21% and 31% year over year, respectively, and now making up about 35% of total billings. Large enterprise momentum further boosted results, with deals exceeding $1 million surging more than 50% in value, demonstrating Fortinet's success in capturing multi-product, high-value engagements. Confidence in this trend is reflected in management's raised full-year billings outlook, with the midpoint lifted by $100 million. Growth in EMEA, coupled with accelerating adoption of FortiCloud services such as FortiIdentity and FortiConnect, is further enhancing recurring revenue visibility. Notably, services billings jumped 17% year over year, delivering the strongest growth in six quarters, further supporting the long-term revenue base. For fiscal 2025, Fortinet guides billings of $7.325-$7.475 billion, representing 13.3% growth at the midpoint, underpinned by cloud security demand, expanding enterprise adoption and a healthy renewal cycle. With these tailwinds, the company appears poised to sustain its growth momentum in the quarters ahead. Fortinet Battles Tough Competition in Cybersecurity Palo Alto NetworksPANW is strengthening its lead over Fortinet with cutting-edge next-generation firewall and cloud-native security. PANW leverages App ID, User ID and Precision AI with the WildFire sandbox to detect zero-day threats in real time. In third-quarter fiscal 2025, PANW's cloud ARR rose 34% to $5.09???billion, driven by rising hybrid work, deal wins and rapid adoption of its next-generation security platforms, reinforcing its dominance in subscription-driven cybersecurity growth. Check Point SoftwareCHKP continues to solidify its legacy as a network security leader with its R80 SmartConsole, ThreatCloud intelligence and advanced threat prevention tools. In the second quarter of 2025, CHKP saw double-digit growth in product and license revenues, fueled by strong demand for Quantum Force appliances and refresh cycles. With rising cyber threats accelerating the adoption of CHKP's subscription solutions and strategic acquisitions, the company is well-positioned to drive sustained top-line growth. FTNT's Share Price Performance, Valuation & Estimates Year to date, FTNT shares have slipped 14.6%, underperforming the Zacks Security industry's 7.2% gain and falling well behind the Zacks Computer and Technology sector's 13.7% rise. FTNT's YTD Price Performance Image Source: Zacks Investment Research From a valuation standpoint, Fortinet appears overvalued, trading at a Price/Book ratio of 30X, higher than the industry's 20.15X. FTNT has a Value Score of D. FTNT's Valuation Image Source: Zacks Investment Research The consensus mark for fiscal 2025 earnings is pegged at $2.51 per share, reflecting upward revisions of 3 cents over both the 30- and 60-day periods. The estimate indicates 5.91% year-over-year growth. Image Source: Zacks Investment Research Fortinet currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. See our %%CTA_TEXT%% report – free today! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report This article originally published on Zacks Investment Research ( Zacks Investment Research
Globe and Mail
8 minutes ago
- Globe and Mail
Deadline Approaching: Charter Communications, Inc. (CHTR) Investors Who Lost Money Urged To Contact Law Offices of Howard G. Smith
Law Offices of Howard G. Smith reminds investors of the upcoming October 14, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Charter Communications, Inc. ('Charter' or the 'Company') (NASDAQ: CHTR) common stock between July 26, 2024 and July 24, 2025, inclusive (the 'Class Period'). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CHARTER COMMUNICATIONS, INC. (CHTR), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@ by telephone at (215) 638-4847 or visit our website at What Happened? On July 25, 2025, Charter released its second quarter 2025 financial results, reporting that total internet customers had declined by 117,000, compared to about 100,000 in the second quarter of 2024, when adjusted to remove the prior year's impact of Affordable Connectivity Program ("ACP") related disconnected. The Company's total video customers also decreased by 80,000. On this news, Charter's stock price fell $70.25, or 18.5%, to close at $309.75 per share on July 25, 2025, thereby injuring investors. What Is The Lawsuit About? The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the impact of the ACP end was a material event the Company was unable to manage or promptly move beyond; (2) the ACP end was actually having a sustaining impact on Internet customer declines and revenue; (3) neither was the Company executing broader operations in a way that would compensate for, or overcome the impact, of the ACP ending; (4) the Internet customer declines and broader failure of Charter's execution strategy created much greater risks on business plans and earnings growth than reported; (5) accordingly, the Company had no reasonable basis to state the Company was successfully executing operations, managing causes of Internet customer declines, or provide overly optimistic statements about the long term trajectory of the Company and EBITDA growth; and (6) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. If you purchased or otherwise acquired Charter common stock during the Class Period, you may move the Court no later than October 14, 2025 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. Contact Us To Participate or Learn More: If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us: Law Offices of Howard G. Smith 3070 Bristol Pike, Suite 112 Bensalem, Pennsylvania 19020 Telephone: (215) 638-4847 Email: howardsmith@ Visit our website at: To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
