The purpose of this fund
A less-risky way to generate higher income from equities, built on the foundation of our proven options-writing strategy, Purpose Premium Yield 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
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.
- 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
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