Hamilton Enhanced
Multi-Sector
Covered Call ETF

  • Ticker HDIV
  • Yield % 10.85

Delivering You More Income, Every Month

Covered Call ETFs HDIV

Highlights

HDIV has outperformed the S&P/TSX 60 by 3.01% annualized since inception*Based on annualized total returns since inception on July 19, 2021. As at February 14, 2024. Source: Bloomberg

Yield of 10.85%*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 14, 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 $15.96
  • 1 DAY CHANGE -$0.10
  • YIELD *

    Current annualized yield, as at February 14, 2024

    10.85%
  • ASSETS $391.6M

Total Returns (incl. Dividends)

As at January 31, 2024

  • ticker 0.00%
  • 1 month -0.46%
  • 3 months 12.96%
  • 6 months 3.76%
  • year to date -0.46%
  • 1 year 6.00%
  • inception* 8.99%
  • as of date 202400.00%

Growth of $10,000 Invested

As at January 26, 2024

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 January 31, 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

Sector Allocation

As at February 14, 2024

  Financials 32.5%
  Utilities 15.8%
  Health Care 11.1%
  Technology 16.3%
  Gold 9.7%
  Energy 14.7%

Holdings

As at February 14, 2024

tickernameweight
HFINHamilton Enhanced Canadian Financials ETF21.2%
QMAXHamilton Technology Yield Maximizer ETF 20.4%
HMAXHamilton Canadian Financials Yield Maximizer ETF19.5%
EMAXHamilton Energy Yield Maximizer ETF18.4%
LMAXHamilton Healthcare Yield Maximizer ETF13.9%
UMAXHamilton Utilities Yield Maximizer ETF13.4%
AMAXHamilton Gold Producer Yield Maximizer ETF12.1%
HUTSHamilton Enhanced Utilities ETF6.5%
Total (including modest ~25% leverage)125.3%

Please note the portfolio weights include modest ~25% leverage via cash borrowing (not derivatives), provided by a Canadian financial institution.

Fund Details

 

All Hamilton ETFs are available for purchase on the Toronto Stock Exchange (TSX), and can be used in RRSP, RRIF, DPSP, RDSP, FHSA, RESP and TFSA portfolios. To set up a DRIP, please contact your individual brokerage.
TickerHDIV
ExchangeToronto Stock Exchange (TSX)
CUSIP407362102
Inception DateJuly 19, 2021
Assets$391.6M CAD*
Current Annualized Yield10.85%*
DistributionsMonthly
Management Fee0.00% (subject to the fees of the underlying portfolio ETFs)
Risk RatingMedium
AuditorKPMG LLP
Legal Entity Identifier5493008TSHTG4IQYNN95

Distributions

HDIV distributions are paid monthly in cash, or if the unitholder has enrolled in the dividend reinvestment plan (DRIP), reinvested in additional units of the ETF. To set up a DRIP, please contact your individual brokerage. The annual tax information is available here.
Ex-Dividend DatePaidFrequencyAmount
2024-02-282024-03-07Monthly$0.1510
2024-01-302024-02-09Monthly$0.1410
2023-12-282024-01-08Monthly$0.1410
2023-11-292023-12-07Monthly$0.1400
2023-10-302023-11-07Monthly$0.1400
2023-09-282023-10-06Monthly$0.1400
2023-08-302023-09-08Monthly$0.1400
2023-07-282023-08-08Monthly$0.1400
2023-06-292023-07-10Monthly$0.1350
2023-05-302023-06-07Monthly$0.1350
2023-04-272023-05-05Monthly$0.1350
2023-03-302023-04-13Monthly$0.1350
2023-02-272023-03-10Monthly$0.1350
2023-01-302023-02-10Monthly$0.1350
2022-12-292023-01-12Monthly$0.1250
2022-11-292022-12-12Monthly$0.1250
2022-10-282022-11-10Monthly$0.1250
2022-09-282022-10-13Monthly$0.1250
2022-08-302022-09-13Monthly$0.1250
2022-07-282022-08-11Monthly$0.1250
2022-06-292022-07-13Monthly$0.1250
2022-05-302022-06-10Monthly$0.1250
2022-04-282022-05-11Monthly$0.1250
2022-03-302022-04-12Monthly$0.1250
2022-02-252022-03-10Monthly$0.1250
2022-01-282022-02-10Monthly$0.1175
2021-12-302022-01-13Special (non-cash)$0.06438
2021-12-302022-01-13Monthly$0.1175
2021-11-292021-12-10Monthly$0.1175
2021-10-282021-11-10Monthly$0.1175
2021-09-282021-10-13Monthly$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 (2024-02-14) 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

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