Hamilton Enhanced
Multi-Sector
Covered Call ETF
Delivering You More Income, Every Month
Highlights
HDIV has outperformed the S&P/TSX 60 by 3.16% annualized since inception*Based on annualized total returns since inception on July 19, 2021. As at February 29, 2024. Source: Bloomberg
Yield of 11.39%*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 February 29, 2024 with monthly distributions
Portfolio of primarily sector covered call ETFs with a sector mix broadly similar to the S&P/TSX 60
Modest cash leverage of 25% to enhance yield and growth potential
A GOOD FIT FOR INVESTORS WHO WANT
Attractive monthly income
Sector diversification broadly similar to S&P/TSX 60 with higher yield
Increased growth potential vs individual covered call ETFs
Higher yielding alternative vs broad-based index ETFs and individual covered call strategies
FUND OBJECTIVE
The fund seeks to provide attractive monthly income and long-term capital appreciation from a diversified, multi-sector portfolio of primarily covered call ETFs focused on Canada.
Performance
- TICKER HDIV
- NAV $16.38
- 1 DAY CHANGE -$0.02
-
YIELD *
Current annualized yield, as at February 29, 2024
11.39% - ASSETS $401.1M
Total Returns (incl. Dividends)
- ticker 0.00%
- 1 month 2.57%
- 3 months 5.88%
- 6 months 9.45%
- year to date 2.10%
- 1 year 14.46%
- inception* 9.77%
- as of date 202400.00%
Outperformance1
since July 2021
1Value of $10,000 invested in HDIV and the S&P/TSX 60 since inception on July 19, 2021, as at February 29, 2024. Source: Bloomberg, Hamilton ETFs
Higher Yield2
2HDIV and S&P/TSX 60 current annualized yields as at January 31, 2024. Source: Bloomberg, Hamilton ETFs
- Overview
- Distributions
- Documents
█ Utilities 15.7%
█ Health Care 10.9%
█ Technology 16.2%
█ Gold 9.5%
█ Energy 15.0%
ticker | name | weight |
HFIN | Hamilton Enhanced Canadian Financials ETF | 21.5% |
QMAX | Hamilton Technology Yield Maximizer ETF | 20.3% |
HMAX | Hamilton Canadian Financials Yield Maximizer ETF | 19.2% |
EMAX | Hamilton Energy Yield Maximizer ETF | 18.7% |
LMAX | Hamilton Healthcare Yield Maximizer ETF | 13.6% |
UMAX | Hamilton Utilities Yield Maximizer ETF | 13.1% |
AMAX | Hamilton Gold Producer Yield Maximizer ETF | 11.9% |
HUTS | Hamilton Enhanced Utilities ETF | 6.4% |
Total (including modest ~25% leverage) | 124.7% |
Please note the portfolio weights include modest ~25% leverage via cash borrowing (not derivatives), provided by a Canadian financial institution.
Ticker | HDIV |
Exchange | Toronto Stock Exchange (TSX) |
CUSIP | 407362102 |
Inception Date | July 19, 2021 |
Assets | $401.1M CAD* |
Current Annualized Yield | 11.39%* |
Distributions | Monthly |
Management Fee | 0.00% (subject to the fees of the underlying portfolio ETFs) |
Risk Rating | Medium |
Auditor | KPMG LLP |
Legal Entity Identifier | 5493008TSHTG4IQYNN95 |
Ex-Dividend Date | Paid | Frequency | Amount |
---|---|---|---|
2024-02-28 | 2024-03-07 | Monthly | $0.1510 |
2024-01-30 | 2024-02-09 | Monthly | $0.1410 |
2023-12-28 | 2024-01-08 | Monthly | $0.1410 |
2023-11-29 | 2023-12-07 | Monthly | $0.1400 |
2023-10-30 | 2023-11-07 | Monthly | $0.1400 |
2023-09-28 | 2023-10-06 | Monthly | $0.1400 |
2023-08-30 | 2023-09-08 | Monthly | $0.1400 |
2023-07-28 | 2023-08-08 | Monthly | $0.1400 |
2023-06-29 | 2023-07-10 | Monthly | $0.1350 |
2023-05-30 | 2023-06-07 | Monthly | $0.1350 |
2023-04-27 | 2023-05-05 | Monthly | $0.1350 |
2023-03-30 | 2023-04-13 | Monthly | $0.1350 |
2023-02-27 | 2023-03-10 | Monthly | $0.1350 |
2023-01-30 | 2023-02-10 | Monthly | $0.1350 |
2022-12-29 | 2023-01-12 | Monthly | $0.1250 |
2022-11-29 | 2022-12-12 | Monthly | $0.1250 |
2022-10-28 | 2022-11-10 | Monthly | $0.1250 |
2022-09-28 | 2022-10-13 | Monthly | $0.1250 |
2022-08-30 | 2022-09-13 | Monthly | $0.1250 |
2022-07-28 | 2022-08-11 | Monthly | $0.1250 |
2022-06-29 | 2022-07-13 | Monthly | $0.1250 |
2022-05-30 | 2022-06-10 | Monthly | $0.1250 |
2022-04-28 | 2022-05-11 | Monthly | $0.1250 |
2022-03-30 | 2022-04-12 | Monthly | $0.1250 |
2022-02-25 | 2022-03-10 | Monthly | $0.1250 |
2022-01-28 | 2022-02-10 | Monthly | $0.1175 |
2021-12-30 | 2022-01-13 | Special (non-cash) | $0.06438 |
2021-12-30 | 2022-01-13 | Monthly | $0.1175 |
2021-11-29 | 2021-12-10 | Monthly | $0.1175 |
2021-10-28 | 2021-11-10 | Monthly | $0.1175 |
2021-09-28 | 2021-10-13 | Monthly | $0.1175 |
You can view public filings for the Hamilton Enhanced Multi-Sector Covered Call ETF on SEDAR.
Press Releases
View the latest HDIV Press Releases
Fact Sheet
HDIV Fact Sheet (2024-02-29) English Français
ETF Facts
HDIV ETF Facts (2024-02-02) English Français
Prospectus
HDIV Prospectus (2024-02-02) English Français
Financial Statements
Annual Financial Statements (2022-12-31) English Français
Interim Financial Statements (2023-06-30) English Français
Latest Portfolio Summary
Q3 2023 Portfolio Summary (2023-09-30) Download
Independent Review Committee
2022 Annual Report to Securityholders (2023-03-21) Download