Hamilton U.S. Bond YIELD MAXIMIZER™ ETF
Maximize Income from Trusted U.S. Treasuries
HIGHLIGHTS
Yield of 11.34%*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 April 30, 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
Active covered call strategy managed by options team with 40+ years of experience, led by Nick Piquard
Watch Nick answer the most commonly asked questions on HBND.
A GOOD FIT FOR INVESTORS WHO WANT
Higher monthly income combined with the strength and security of U.S. government bonds
Tax efficient distributions
CDN$ Hedged exposure to long-term U.S. treasuries
Reduced volatility from options strategy
Also available for purchase in US$ Unhedged (HBND.U)
INVESTMENT OBJECTIVE
The investment objective of HBND 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 will employ a covered call option writing program.
HBND does not use leverage.
Performance
- TICKER HBND
- NAV $13.14
- 1 DAY CHANGE -$0.12
-
YIELD % *
Current annualized yield.
11.34 - ASSETS $186.0M
Total Returns (incl. Dividends)
- ticker 0.00%
- 1 month -1.32%
- 3 months 2.63%
- 6 months -1.34%
- year to date 3.04%
- 1 year 3.78%
- inception* 0.02%
- as of date 202500.00%
Attractive Monthly Income
What Makes HBND Different?
- Overview
- Distributions
- Documents
| ticker | name | weight |
| TLT | iShares 20+ Year Treasury Bond ETF | 50.1% |
| VGLT | Vanguard Long-Term Treasury ETF | 40.1% |
| EDV | Vanguard Extended Duration Treasury ETF | 10.2% |
| Ticker | HBND |
| Exchange | Toronto Stock Exchange (TSX) |
| CUSIP | 407917103 |
| Inception Date | September 14, 2023 |
| Investment Style | Fixed Income, Covered Call |
| Net Assets | $207.1M CAD* |
| Target Yield | 10%+* |
| Current Annualized Yield | 11.34%* |
| Distributions | Monthly |
| Maturity | 24.6* |
| Duration | 16.3* |
| Currency Hedging | 100% hedged |
| Management Fee | 0.45% |
| Risk Rating | Low to Medium |
| Auditor | KPMG LLP |
| Legal Entity Identifier | 254900GVE3JWA7DQOB42 |
| Ex-Dividend Date | Pay Date | Frequency | Amount |
|---|---|---|---|
| 2025-04-30 | 2025-05-07 | Monthly | $0.1280 |
| 2025-03-31 | 2025-04-07 | Monthly | $0.1290 |
| 2025-02-28 | 2025-03-07 | Monthly | $0.1290 |
| 2025-01-31 | 2025-02-07 | Monthly | $0.1300 |
| 2024-12-31 | 2025-01-08 | Monthly | $0.1310 |
| 2024-11-29 | 2024-12-06 | Monthly | $0.1320 |
| 2024-10-31 | 2024-11-07 | Monthly | $0.1330 |
| 2024-09-27 | 2024-10-07 | Monthly | $0.1330 |
| 2024-08-30 | 2024-09-09 | Monthly | $0.1300 |
| 2024-07-31 | 2024-08-08 | Monthly | $0.1300 |
| 2024-06-28 | 2024-07-08 | Monthly | $0.1300 |
| 2024-05-31 | 2024-06-07 | Monthly | $0.1300 |
| 2024-04-29 | 2024-05-07 | Monthly | $0.1300 |
| 2024-03-27 | 2024-04-05 | Monthly | $0.1300 |
| 2024-02-28 | 2024-03-07 | Monthly | $0.1300 |
| 2024-01-30 | 2024-02-09 | Monthly | $0.1310 |
| 2023-12-28 | 2024-01-08 | Monthly | $0.1315 |
| 2023-11-29 | 2023-12-07 | Monthly | $0.1310 |
| 2023-10-30 | 2023-11-07 | Monthly | $0.1300 |
You can view public filings for the Hamilton U.S. Bond YIELD MAXIMIZER™ ETF on SEDAR+.
Press Releases
View the latest HBND Press Releases
Fact Sheet
HBND Fact Sheet (2025-03-31) English Français
ETF Facts
HBND ETF Facts (2024-08-16) English Français
Prospectus
HBND Prospectus (2024-08-16) English Français
Financial Statements & MRFP
Annual Report (2024-12-31) English Français
Interim Report (2024-06-30) English Français
Latest Portfolio Summary
Q1 2025 Portfolio Summary (2025-03-31) Download
Proxy Voting
Proxy Voting Report (2023-07 to 2024-06) Download
Independent Review Committee
2024 Annual Report to Securityholders (2025-03-11) Download