Hamilton U.S. T-Bill YIELD MAXIMIZER™ ETF
Maximize Income from U.S. Government Bonds
HIGHLIGHTS
Yield of 5.96%* with monthly distributions
Exposure to U.S. treasuries (80% short-term T-Bills; 20% long-term)
Portfolio duration of ~3.0 years
Flexible coverage ratio adjusted to achieve target yield and preserve upside
Active covered call strategy managed by options team with 60+ years of experience, led by Nick Piquard
A GOOD FIT FOR INVESTORS WHO WANT
A higher yielding short-term fixed income alternative with modest duration risk
Tax efficient distributions: covered call premiums are generally taxed as capital gains
Reduced volatility from options strategy
USD Unhedged fixed income stream from short-term U.S. T-Bills
Also available for purchase in CDN$ Hedged (HBIL)
INVESTMENT OVERVIEW
The investment objective of HBIL.U is to deliver attractive monthly income, while providing exposure primarily, directly or indirectly, to shorter-term U.S. Treasury securities. To supplement income earned on the exchange traded fund holdings, mitigate risk and reduce volatility, HBIL.U will employ a covered call option writing program.
HBIL.U does not use leverage.
Performance
- TICKER HBIL.U
- NAV*USD $14.67
- 1 DAY CHANGE -$0.03
-
YIELD % *
Current annualized yield.
5.96 - ASSETS $34.3M
Total Returns (incl. Dividends)
- ticker 0.0%
- 1 month 0.4%
- 3 months 0.3%
- 6 months 0.3%
- ytd 1.5%
- 1 year 3.2%
- inception* 2.7%
- as of date 202600.0%
Hamilton U.S. T-Bill YIELD MAXIMIZER™ ETF
- Overview
- Distributions
- Documents
█ Short-Term 80.1%
| ticker | name | weight |
| SGOV | iShares 0-3 Month Treasury Bon | 80.3% |
| TLT | iShares 20+ Year Treasury Bond | 20.0% |
| Written Call Options | 0.0% | |
| Cash and Other Assets/Liabilities | -0.3% |
| Ticker | HBIL.U (USD unhedged) |
| Exchange | Toronto Stock Exchange (TSX) |
| CUSIP | 407873108 |
| Inception Date | September 12, 2024 |
| Investment Style | Fixed Income, Covered Call |
| Net Assets | $197.7M CAD* |
| Current Annualized Yield | 5.96%* |
| Distributions | Monthly |
| Maturity | 5.2* |
| Duration | 3.1* |
| Currency Hedging | USD-unhedged |
| Management Fee | 0.35% |
| Risk Rating | Low |
| Auditor | KPMG LLP |
| Legal Entity Identifier | 254900C4Y33NVRR2SS95 |
| Ex-Dividend Date | Pay Date | Frequency | Amount |
|---|---|---|---|
| 2026-08-31 | 2026-09-08 | Monthly | $0.0730 |
| 2026-07-31 | 2026-08-10 | Monthly | $0.0730 |
| 2026-06-30 | 2026-07-08 | Monthly | $0.0740 |
| 2026-05-29 | 2026-06-05 | Monthly | $0.0740 |
| 2026-04-30 | 2026-05-07 | Monthly | $0.0750 |
| 2026-03-31 | 2026-04-08 | Monthly | $0.0750 |
| 2026-02-27 | 2026-03-06 | Monthly | $0.0800 |
| 2026-01-30 | 2026-02-06 | Monthly | $0.0810 |
| 2025-12-31 | 2026-01-08 | Monthly | $0.0834 |
| 2025-11-28 | 2025-12-05 | Monthly | $0.0862 |
| 2025-10-31 | 2025-11-07 | Monthly | $0.0910 |
| 2025-09-29 | 2025-10-07 | Monthly | $0.0910 |
| 2025-08-29 | 2025-09-08 | Monthly | $0.0950 |
| 2025-07-31 | 2025-08-08 | Monthly | $0.0950 |
| 2025-06-30 | 2025-07-08 | Monthly | $0.0950 |
| 2025-05-30 | 2025-06-06 | Monthly | $0.0950 |
| 2025-04-30 | 2025-05-07 | Monthly | $0.0950 |
| 2025-03-31 | 2025-04-07 | Monthly | $0.0950 |
| 2025-02-28 | 2025-03-07 | Monthly | $0.0950 |
| 2025-01-31 | 2025-02-07 | Monthly | $0.0950 |
| 2024-12-31 | 2025-01-08 | Monthly | $0.0950 |
| 2024-11-29 | 2024-12-06 | Monthly | $0.0975 |
| 2024-10-31 | 2024-11-07 | Monthly | $0.1000 |
| 2024-09-27 | 2024-10-07 | Monthly | $0.1050 |
You can view public filings for the Hamilton U.S. T-Bill YIELD MAXIMIZER™ ETF on SEDAR+.
Press Releases
View the latest HBIL.U Press Releases
Fact Sheet
HBIL.U Fact Sheet (2026-08-31) English Français
ETF Facts
HBIL.U ETF Facts (2026-09-10) English Français
Prospectus
HBIL.U Prospectus (2026-09-10) English Français
Financial Statements & MRFP
Annual Report (2025-12-31) English Français
Interim Report (2026-06-30) English Français
Latest Portfolio Summary
Q1 2026 Portfolio Summary (2026-03-31) Download
Proxy Voting
Proxy Voting Report (2024-07 to 2025-06) Download
Independent Review Committee
2025 Annual Report to Securityholders (2026-03-06) Download