Hamilton U.S. Bond YIELD MAXIMIZER™ ETF
Maximize USD Income from U.S. Treasuries
HIGHLIGHTS
Yield of 11.24%*An estimate of the annualized yield an investor would receive if the most recent distribution remained unchanged for the next 12 months, stated as a percentage of the price per unit on December 31, 2025. The yield calculation excludes any additional year end distributions and does not include reinvested distributions.; monthly distributions
Exposure to trusted U.S. treasuries
Unlike bonds, covered call premiums are generally taxed as capital gains
Flexible coverage ratio adjusted to achieve target yield and preserve upside
Active covered call strategy managed by options team with 50+ years of experience, led by Nick Piquard
A GOOD FIT FOR INVESTORS WHO WANT
Higher monthly income combined with the strength and security of U.S. government bonds
Tax efficient distributions
Reduced volatility from options strategy
USD Unhedged exposure to long-term U.S. treasuries
Also available for purchase in CDN$ Hedged (HBND)
INVESTMENT OBJECTIVE
The investment objective of HBND.U is to deliver attractive monthly income, while providing exposure primarily to U.S. treasuries through a portfolio of bond exchange traded funds. To supplement distribution income earned on the exchange traded fund holdings, mitigate risk and reduce volatility, HBND.U will employ a covered call option writing program.
HBND.U does not use leverage.
Performance
- TICKER HBND.U
- NAV*USD $13.16
- 1 DAY CHANGE -$0.16
-
YIELD % *
Current annualized yield.
11.24 - ASSETS $16.7M
Total Returns (incl. Dividends)
- ticker 0.0%
- 1 month -2.0%
- 3 months -0.4%
- 6 months 2.5%
- ytd 5.8%
- 1 year 5.8%
- inception* -2.5%
- as of date 1200.0%
Hamilton YIELD MAXIMIZER™ ETFs
- Overview
- Distributions
- Documents
| ticker | name | weight |
| TLT | iShares 20+ Year Treasury Bond | 49.7% |
| VGLT | Vanguard Long-Term Treasury ET | 40.0% |
| EDV | Vanguard Extended Duration Tre | 9.9% |
| Cash and Other Assets/Liabilities | 0.6% | |
| Written Call Options | -0.2% |
| Ticker | HBND.U (USD unhedged) |
| Exchange | Toronto Stock Exchange (TSX) |
| CUSIP | 407917202 |
| Inception Date | August 21, 2024 |
| Investment Style | Fixed Income, Covered Call |
| Net Assets | $205.8M CAD* |
| Current Annualized Yield | 11.24%* |
| Distributions | Monthly |
| Maturity | 24.3 * |
| Duration | 15.9 * |
| Currency Hedging | USD-unhedged |
| Management Fee | 0.45% |
| Risk Rating | Low to Medium |
| Auditor | KPMG LLP |
| Legal Entity Identifier | 254900GVE3JWA7DQOB42 |
| Ex-Dividend Date | Pay Date | Frequency | Amount |
|---|---|---|---|
| 2025-12-31 | 2026-01-08 | Monthly | $0.1243 |
| 2025-11-28 | 2025-12-05 | Monthly | $0.1260 |
| 2025-10-31 | 2025-11-07 | Monthly | $0.1260 |
| 2025-09-29 | 2025-10-07 | Monthly | $0.1270 |
| 2025-08-29 | 2025-09-08 | Monthly | $0.1280 |
| 2025-07-31 | 2025-08-08 | Monthly | $0.1280 |
| 2025-06-30 | 2025-07-08 | Monthly | $0.1280 |
| 2025-05-30 | 2025-06-06 | Monthly | $0.1290 |
| 2025-04-30 | 2025-05-07 | Monthly | $0.1310 |
| 2025-03-31 | 2025-04-07 | Monthly | $0.1320 |
| 2025-02-28 | 2025-03-07 | Monthly | $0.1320 |
| 2025-01-31 | 2025-02-07 | Monthly | $0.1330 |
| 2024-12-31 | 2025-01-08 | Monthly | $0.1340 |
| 2024-11-29 | 2024-12-06 | Monthly | $0.1350 |
| 2024-10-31 | 2024-11-07 | Monthly | $0.1360 |
| 2024-09-27 | 2024-10-07 | Monthly | $0.1360 |
| 2024-08-30 | 2024-09-09 | Monthly | $0.1325 |
You can view public filings for the Hamilton U.S. Bond YIELD MAXIMIZER™ ETF on SEDAR+.
Press Releases
View the latest HBND.U Press Releases
Fact Sheet
HBND.U Fact Sheet (2025-12-31) English Français
ETF Facts
HBND.U ETF Facts (2025-08-14) English Français
Prospectus
HBND.U Prospectus (2025-08-14) English Français
Financial Statements & MRFP
Annual Report (2024-12-31) English Français
Interim Report (2025-06-30) English Français
Latest Portfolio Summary
Q3 2025 Portfolio Summary (2025-09-30) Download
Proxy Voting
Proxy Voting Report (2024-07 to 2025-06) Download
Independent Review Committee
2024 Annual Report to Securityholders (2025-03-11) Download