Hamilton U.S. Bond
YIELD MAXIMIZER™
ETF

  • Ticker HBND
  • Yield % 0.13

Maximize Income from Trusted U.S. Treasuries

HIGHLIGHTS

Last distribution of $0.13 per unit*Last distribution per unit. Distributions are subject to change. For a complete list of historical distributions, please see the Distributions tab below.; 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 an experienced options team led by Nick Piquard, with 25+ years of experience specializing in options

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

CAD-Hedged exposure to long-term U.S. treasuries

Reduced volatility from options strategy

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 $15.25
  • 1 DAY CHANGE +$0.09
  • LAST DISTRIBUTION *

    Last distribution per unit. Distributions are subject to change. For a complete list of historical distributions, please see the Distributions tab below.

    0.13
  • ASSETS $114.6M

Attractive Monthly Income

What Makes HBND Different?

  • Overview
  • Distributions
  • Documents

Treasury Term

As at May 31, 2024

  Long-Term 86.7%
  Medium-Term 9.3%
  Short-Term 4.0%

Holdings

As at May 31, 2024

tickernameweight
TLTiShares 20+ Year Treasury Bond ETF 50.4%
VGLTVanguard Long-Term Treasury ETF30.4%
VGITVanguard Intermediate-Term Treasury ETF9.4%
EDVVanguard Extended Duration Treasury ETF6.2%
SCHOSchwab Short-Term U.S. Treasury ETF4.0%

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.
TickerHBND
ExchangeToronto Stock Exchange (TSX)
CUSIP407917103
Inception DateSeptember 14, 2023
Investment StyleFixed Income, Covered Call
Assets$114.6M CAD*
DistributionsMonthly
Maturity22.1*
Duration14.8*
Currency Hedging100% hedged
Management Fee0.45%
Risk RatingLow to Medium
AuditorKPMG LLP
Legal Entity Identifier254900GVE3JWA7DQOB42

Distributions

HBND distributions will be 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
2024-05-312024-06-07Monthly$0.1300
2024-04-292024-05-07Monthly$0.1300
2024-03-272024-04-05Monthly$0.1300
2024-02-282024-03-07Monthly$0.1300
2024-01-302024-02-09Monthly$0.1310
2023-12-282024-01-08Monthly$0.1315
2023-11-292023-12-07Monthly$0.1310
2023-10-302023-11-07Monthly$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 (2024-05-31) English Français

ETF Facts

HBND ETF Facts (2023-09-08) English Français

Prospectus

HBND Prospectus (2023-09-08) English Français

Financial Statements

Annual Financial Statements (2023-12-31) English Français

Latest Portfolio Summary

Q1 2024 Portfolio Summary (2024-03-31) Download

Independent Review Committee

2023 Annual Report to Securityholders (2024-03-13) Download

    Stay Informed!

    We are Canada's leading specialists in the financials sector.
    Subscribe to get notified of our latest insights, updates and upcoming events.