Hamilton Enhanced U.S.
Covered Call ETF

  • Ticker HYLD
  • Yield % 11.57

Delivering You More U.S. Income, Every Month

HYLD FACT SHEET (ENGLISH)
HYLD FACT SHEET (FRANÇAIS)
HYLD Q&A

Highlights

Yield of 11.57%*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 June 30, 2023 with monthly distributions

Portfolio of U.S. equity covered call ETFs with overall sector mix broadly similar to the S&P 500

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

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 yield and growth potential by adding modest 25% cash leverage

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, primarily focused on the U.S.

Insights

HYLD – Adding QQCC, USCC / Reducing QYLD, RYLD, XYLD; Change in DistributionMore
HDIV and HYLD – Performance Update; (Still) Working Well TogetherMore
HDIV and HYLD – Working Together (as Shown in One Chart)More

HYLD Commentary  |  All Insights & Commentary

Performance

  • TICKER HYLD
  • NAV $13.10
  • 1 DAY CHANGE +$0.03
  • YIELD *

    Current annualized yield, as at June 30, 2023

     11.57%
  • ASSETS $470.9M

Annualized Returns

As at January 31, 2024

  • ticker 0.00%
  • 1 month 1.70%
  • 3 months 13.58%
  • 6 months 4.51%
  • year to date 1.70%
  • 1 year 15.21%
  • inception* -0.11%
  • as of date 202400.00%

Performance1

since February 2022

1Value of $10,000 invested in HYLD and the Vanguard S&P 500 Index ETF (CAD-hedged) (VSP) since inception, as at June 30, 2023. Source: Bloomberg, Hamilton ETFs

Higher Yield2

 

2HYLD and S&P 500 yields (Vanguard S&P 500 Index ETF (CAD-hedged) (VSP)) as at June 30, 2023. Source: Bloomberg, Hamilton ETFs

  • Overview
  • Distributions
  • Documents

Sector Allocation

As at December 30, 2022

█  Technology 29.5%
█  Health Care 16.4%
█  Consumer Discretionary 9.3%
█  Financials 12.4%
█  Communications 8.6%
█  Industrials 4.2%
█  Consumer Staples 4.2%
█  Energy 5.1%
█  Utilities 2.1%
█  Real Estate 2.1%
█  Materials 4.0%
█  Other 2.0%

Holdings

As at June 30, 2023

tickernameweight
SMAXHamilton U.S. Equity Yield Maximizer ETF65.7%
QMAXHamilton Technology Yield Maximizer ETF27.5%
LMAXHamilton Healthcare Yield Maximizer ETF12.6%
FMAXHamilton U.S. Financials Yield Maximizer ETF7.5%
AMAXHamilton Gold Producer Yield Maximizer ETF4.9%
EMAXHamilton Energy Yield Maximizer ETF3.8%
HBNDHamilton U.S. Bond Yield Maximizer ETF2.4%
Total (including modest ~25% leverage)124.4%

Please note that JEPI, JEPQ, QYLD, RYLD and XYLD trade on U.S. exchanges.

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.
TickerHYLD (CAD hedged)
HYLD.U (USD unhedged)
ExchangeToronto Stock Exchange (TSX)
CUSIPHYLD: 40736Q109
HYLD.U: 40736Q208
Inception DateFebruary 4, 2022
Assets$496.6M CAD*
Current Annualized Yield11.57%*
DistributionsMonthly
Management Fee0.65%
Risk RatingMedium
AuditorKPMG LLP
Legal Entity Identifier549300YRXUV201WT5167

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. To set up a DRIP, please contact your individual brokerage. The annual tax information is available here.
Ex-Dividend DatePaidFrequencyAmount
2023-07-282023-08-08Monthly$0.1200
2023-06-292023-07-10Monthly$0.1200
2023-05-302023-06-07Monthly$0.1200
2023-04-272023-05-05Monthly$0.1200
2023-03-302023-04-13Monthly$0.1400
2023-02-272023-03-10Monthly$0.1400
2023-01-302023-02-10Monthly$0.1400
2022-12-292023-01-12Monthly$0.1400
2022-11-292022-12-12Monthly$0.1400
2022-10-282022-11-10Monthly$0.1400
2022-09-282022-10-13Monthly$0.1400
2022-08-302022-09-13Monthly$0.1400
2022-07-282022-08-11Monthly$0.1400
2022-06-292022-07-13Monthly$0.1400
2022-05-302022-06-10Monthly$0.1400
2022-04-282022-05-11Monthly$0.1400
2022-03-302022-04-12Monthly$0.1375

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

Fact Sheet

HYLD Fact Sheet (2023-06-30) English Français

ETF Facts

HYLD ETF Facts (2023-01-13) English Français

HYLD.U ETF Facts (2023-01-13) English Français

Prospectus

HYLD Prospectus (2023-01-13) English Français

Financial Statements

Annual Financial Statements (2022-12-31) English Français
Interim Financial Statements (2022-06-30) English Français

Latest Portfolio Summary

Q1 2023 Portfolio Summary (2023-03-31) Download

Independent Review Committee

2022 Annual Report to Securityholders (2023-03-21) 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.