PBD vs. PMM ETF Comparison
Comparison of Purpose Total Return Bond Fund (PBD) to Purpose Multi-Strategy Market Neutral Fund (PMM)
PBD
Purpose Total Return Bond Fund
PBD Description
The Purpose Total Return Bond Fund seeks to achieve a positive total return in diverse market environments over time by tactically allocating its assets among a broad range of fixed income securities, including government debt, investment grade corporate debt and high yield debt.
Grade (RS Rating)
Last Trade
$16.36
Average Daily Volume
1,910
Number of Holdings
*
4
* may have additional holdings in another (foreign) market
PMM
Purpose Multi-Strategy Market Neutral Fund
PMM Description
The Purpose Multi-Strategy Market Neutral Fund seeks to provide unitholders with positive absolute returns that are not correlated to the broader securities markets. The Fund will utilize a multi-strategy approach by allocating its assets across various asset classes including equities, currencies and commodities.Grade (RS Rating)
Last Trade
$23.00
Average Daily Volume
856
Number of Holdings
*
2
* may have additional holdings in another (foreign) market
Performance
| Period | PBD | PMM |
|---|---|---|
| 30 Days | 0.18% | 2.36% |
| 60 Days | 1.30% | 4.55% |
| 90 Days | -0.49% | 3.28% |
| 12 Months | 2.09% | 15.46% |
1 Overlapping Holdings
| Symbol | Grade | Weight in PBD | Weight in PMM | Overlap | |
|---|---|---|---|---|---|
| MNY | A | 11.45% | 38.37% | 11.45% |
PBD Underweight 1 Positions Relative to PMM
| Symbol | Grade | Weight | |
|---|---|---|---|
| PHW | B | -9.85% |
PBD: Top Represented Industries & Keywords
PMM: Top Represented Industries & Keywords
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