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Alternatives

Purpose Enhanced Premium Yield Fund

The purpose of this fund

  • Cash-covered options strategy that earns premiums from a portfolio of stocks we love
  • Puts sold at levels 3-5% below market to generate high income
  • No leverage and active risk management to target 50% market exposure
  • Tax-efficient income from its corporate class structure
Frank Maeba
Neuberger Berman - Logo

Managed by -

Frank Maeba

Neuberger Berman Breton Hill

Founded in 1939 with a focus on deep fundamental research, Neuberger Berman Investment Advisers manages more than $300-billion USD in assets today, primarily for institutional advisors. The firm takes a boots-on-the-ground approach, employing more than 600 investment professionals in 35 cities around the world.

ESG RatingWhat is ESG?
  • EEnvironmental
  • SSocial
  • GGovernance

ESG ratings, powered by Sustainalytics, evaluate a fund’s exposure to environmental, social, and governance risk factors as well as management efforts to mitigate underlying risks when possible. A lower score indicates low-risk exposure and transparent, active management.

FUND DETAILS

YIELD

N/A

MGMT FEE

NAV

()

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