Hamilton Enhanced U.S.
Covered Call ETF

  • Ticker HYLD
  • Yield % 11.07

Delivering You More U.S. Income, Every Month

Highlights:

Yield of 11.07%*As at April 29, 2022 with monthly distributions

Equal-weight portfolio of 7 U.S. equity covered call ETFs with sector mix broadly similar to the S&P 500

Available for purchase in CAD-Hedged (HYLD) and USD-Unhedged (HYLD.U)

Solactive U.S. Covered Call ETFs Index TR x 1.25 had similar performance and volatility as the S&P 500*Since inception on May 31, 2019. As at April 29, 2021. Volatility is measured as the annualized standard deviation of daily returns.

A GOOD FIT FOR INVESTORS WHO WANT:

Attractive monthly income in
USD (HYLD.U) or CAD (HYLD)

Diversified blue-chip U.S. equity exposure

A higher-yielding alternative to the
S&P 500 with similar volatility

Enhanced growth potential and yield by adding modest 25% cash leverage

FUND OBJECTIVE

The fund seeks to replicate a 1.25 times multiple of the Solactive U.S. Covered Call ETFs Index TR (SOLUSCCT), comprised of equal weightings of 7 higher-yielding U.S.-focused covered call ETFs.

Performance

  • TICKER HYLD
  • NAV $14.26
  • CHANGE +$0.04
  • YIELD *

    As at April 29, 2022

    11.07%
  • ASSETS $129.9M

Index Performance1

since May 2019

1Value of $100,000 invested in Solactive U.S. Covered Call ETFs Index TR (SOLUSCCT) x 1.25 and the S&P 500 Index since inception on May 31, 2019; as at April 29, 2022. Source: Bloomberg, Solactive AG, Hamilton ETFs

Higher Yield2

 

2HYLD target yield vs S&P 500 yield at April 29, 2022. Source: Bloomberg, Hamilton ETFs

  • Overview
  • Distributions
  • Documents

Sector Allocation

As at April 29, 2022

  Technology 26.8%
  Consumer 30.9%
  Communications 11.5%
  Financial 8.0%
  Industrial 5.4%
  Energy 1.6%
  Basic Materials 14.9%
  Utilities 0.9%

Holdings

As at April 29, 2022

tickernameweight
HEPHorizons Enhanced Income Gold Producers ETF16.2%
HHLHarvest Healthcare Leaders Income ETF15.9%
XYLDGlobal X S&P 500 Covered Call ETF14.8%
RYLDGlobal X Russell 2000 Covered Call ETF14.3%
HBFHarvest Brand Leaders Plus Income ETF14.1%
QYLDGlobal X NASDAQ 100 Covered Call ETF13.5%
TXFCI Tech Giants Covered Call ETF11.2%

Fund Details

 

All Hamilton ETFs are available for purchase on the Toronto Stock Exchange (TSX), and can be used in RRSP, RRIF, DPSP, RDSP, RESP and TFSA portfolios. To set up a DRIP, please contact your individual brokerage.
TickerHYLD (CAD hedged)
HYLD.U (USD unhedged)
ExchangeToronto Stock Exchange (TSX)
CUSIPHYLD: 40736Q109
HYLD.U: 40736Q208
Inception DateFebruary 4, 2022
Investment StylePassive, equal-weight
Benchmark Solactive U.S. Covered Call ETFs Index TR
Assets$135.4M CAD*
Yield11.07%*
DistributionsMonthly
RebalancingSemi-Annually
Management Fee0.65%
AdministratorHorizons ETFs Management (Canada) Inc.
AuditorKPMG LLP

Distributions

HYLD 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.
Ex-Dividend DatePaidFrequencyAmount
2022-05-302022-06-10Monthly$0.1400
2022-04-282022-05-11Monthly$0.1400
2022-03-302022-04-12Monthly$0.1375
2022-02-252022-03-10Monthly$0.1375

You can view public filings for the Hamilton Enhanced U.S. Covered Call ETF on SEDAR.

Special Meeting & Unitholder Vote on June 7, 2022

Notice and Access Download

Management Information Circular Download

Proxy Form Download

Fact Sheet

HYLD Fact Sheet (2022-04-29) English Français

ETF Facts

HYLD ETF Facts (2022-05-06) English Français

HYLD.U ETF Facts (2022-05-06) English Français

Prospectus

HYLD Prospectus (2022-01-19) English Français

HYLD Prospectus Amendment (2022-05-06) English Français

Latest Portfolio Summary

Q1 2022 Portfolio Summary (2022-03-31) Download

Independent Review Committee

2021 Annual Report to Securityholders (2022-03-21) Download

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