Investment Q&A

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Purpose Strategic Yield Fund (SYLD $19.20)
- $19.20 Fwd P/E: 28.05X Cap: $76M
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Q: Curious what you think about SYLD? Is this something you would recommend? If so how much of a fixed income portfolio should it represent? If not, do you have other suggestions? Looking to increase returns of my fixed income investments as I get closer to retirement.

Asked by Carla on November 06, 2024

5i Research Answer:

SYLD is a high-yield, actively managed bond ETF. SYLD targets companies with highly levered...

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