HDIF

Harvest Diversified Monthly
Income ETF

Reliable Income – Diverse Growth Opportunities

The Harvest Diversified Monthly Income ETF is built to deliver the consistent monthly income and diverse growth opportunities that Harvest ETFs are known for. This ETF holds a portfolio primarily of Harvest’s equity income ETFs, a multi-sector portfolio capturing a large and diverse set of high-quality companies. Existing yields are combined with a covered call option to generate income and offset volatility.

Key Facts

As at 2024/02/23

TICKER

HDIF

TSX
CURRENCY

CAD-Hedged

Underlying ETFs
NAV

$8.19

Updated Daily
MKT PRICE CLOSE

$8.20

Updated Daily
NET AUM*

$358.50M

Updated Daily
MGMT STYLE

Active

With Covered Calls
Underlying ETFs
CURRENT YIELD

10.36%

Updated Daily
DISTRIBUTIONS

$0.0708

Cash, Per unit
DISTRIBUTIONS

Monthly

Frequency
HOLDINGS

8

Underlying ETFs

Key Facts

As at 2024/02/23

TICKER

HDIF

TSX
CURRENCY

CAD-Hedged

Underlying ETFs
NAV

$8.19

Updated Daily
MKT PRICE CLOSE

$8.20

Updated Daily
NET AUM*

$358.50M

Updated Daily
MGMT STYLE

Active

With Covered Calls
Underlying ETFs
CURRENT YIELD

10.36%

Updated Daily
DISTRIBUTIONS

$0.0708

Cash, Per unit
DISTRIBUTIONS

Monthly

Frequency
HOLDINGS

8

Underlying ETFs

Distributions

Last Ex-dividend Date:

2024/01/30

Last Record Date:

2024/01/31

Last Payment Date:

2024/02/09

Last Cash Distribution Per Unit:

$0.0708

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception:

$1.6284

Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2024/01/302024/01/312024/02/09$0.0708Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2023/12/282023/12/292024/01/09$0.0708Monthly
2023/11/292023/11/302023/12/08$0.0708Monthly
2023/10/302023/10/312023/11/09$0.0708Monthly
2023/09/282023/09/292023/10/06$0.0708Monthly
2023/08/302023/08/312023/09/08$0.0708Monthly
2023/07/282023/07/312023/08/09$0.0708Monthly
2023/06/292023/06/302023/07/07$0.0708Monthly
2023/05/302023/05/312023/06/09$0.0708Monthly
2023/04/272023/04/282023/05/09$0.0708Monthly
2023/03/302023/03/312023/04/06$0.0708Monthly
2023/02/272023/02/282023/03/09$0.0708Monthly
2023/01/302023/01/312023/02/09$0.0708Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2022/12/292022/12/302023/01/09$0.0708Monthly
2022/11/292022/11/302022/12/09$0.0708Monthly
2022/10/282022/10/312022/11/09$0.0708Monthly
2022/09/282022/09/292022/10/07$0.0708Monthly
2022/08/302022/08/312022/09/09$0.0708Monthly
2022/07/282022/07/292022/08/09$0.0708Monthly
2022/06/292022/06/302022/07/08$0.0708Monthly
2022/05/302022/05/312022/06/09$0.0708Monthly
2022/04/282022/04/292022/05/09$0.0708Monthly
2022/03/302022/03/312022/04/08$0.0708Monthly

2023 Annual Tax Information can be accessed here.



Sub-Sector Allocation

Underlying ETFs - As at January 31, 2024

Holdings

As at January 31, 2024

TickerETF NameWeightSectorCountry 
HLIFHarvest Canadian Equity Income Leaders ETF18.9%DiversifiedCanada
HBFHarvest Brand Leaders Plus Income ETF18.8%DiversifiedCanada
HUBLHarvest US Bank Leaders Income ETF17.4%US BanksCanada
HHLHarvest Healthcare Leaders Income ETF17.2%Health CareCanada
HUTLHarvest Equal Weight Global Utilities Income ETF16.7%UtilitiesCanada
TRVIHarvest Travel & Leisure Income ETF16.1%DiversifiedCanada
HTAHarvest Tech Achievers Growth & Income ETF15.5%Information TechnologyCanada
HPYTHarvest Premium Yield Treasury ETF3.2%Government BondsCanada
Cash and other assets and liabilities
(23.9)%


Annualized Performance

As at January 31, 2024

Symbol1M3M6MYTD1YSI 
HDIF1.4618.833.481.467.03(0.88)

Download CSV

Calendar Year Performance

As at January 31, 2024

Ticker20232022       
HDIF12.45(13.86)

Download CSV

Cumulative Market Price#

(Monthly Distribution: $0.0708)

Cumulative Growth $10,000 Invested

(NAV pricing)

The “Growth of $10,000 invested” chart shows the final value of a hypothetical $10,000 investment in securities in this class/series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.

HDIF Historical Daily Prices (CLICK HERE)


Documents

DocumentLanguageType
Product SheetEnglishFrenchFund Documents
Investor BookletEnglish-Fund Documents
ETF FactsEnglishFrenchRegulatory
ProspectusEnglishFrenchRegulatory
ETF Products BookletEnglishFrenchInformation Materials
Covered Call WritingEnglishFrenchInformation Materials
MER SummaryEnglishFrenchInformation Materials
2023 Annual Distributions SummaryEnglish-Information Materials
2023 Interim Financial StatementsEnglishFrenchStatements/MRFPs
2023 Interim Management Report of Fund Performance EnglishFrenchStatements/MRFPs
2023 Quarterly Summary - Q3English-Portfolio Disclosure
2023 Quarterly Summary - Q1English-Portfolio Disclosure
2022 Annual Distributions SummaryEnglish-Information Materials
2022 Annual Financial StatementsEnglishFrenchStatements/MRFPs
2022 Annual Management Report of Fund Performance EnglishFrenchStatements/MRFPs
2022 Interim Financial StatementsEnglishFrenchStatements/MRFPs
2022 Interim Management Report of Fund Performance EnglishFrenchStatements/MRFPs
2022 Quarterly Summary - Q3English-Portfolio Disclosure
2022 Quarterly Summary - Q1English-Portfolio Disclosure
2021 Annual Distributions SummaryEnglish-Information Materials
PFIC Annual Information StatementEnglish-Information Statement
IRS Form 8937English-Tax Form
Proxy Voting PolicyEnglish-Proxy Voting
July 1, 2022 to June 30, 2023 Proxy SummaryEnglish-Proxy Voting

Investment Goal

Harvest Diversified Monthly Income ETF offers a portfolio of Harvest ETFs positioned to deliver steady monthly income. The multi-sector portfolio is comprised of large global companies diversified across key sectors: Healthcare, Technology, and Utilities among others. The ETF is designed to provide a consistent monthly income stream with an opportunity for growth. The portfolio is reconstituted and rebalanced at a minimum quarterly. To generate an enhanced monthly distribution yield, an active covered call strategy is applied on up to 33% of each equity securities held in underlying portfolios.

 

Benefits of investing in HDIF

  • One stop diversified core monthly income solution

  • Access to leading large-cap companies diversified across sectors and geographies

  • Exposure to powerful long-term growth trends

  • Consistent high income yields

  • Modest leverage at approximately 1.25x to enhance income

  • Covered call strategy to enhance income potential and lower volatility

  • Zero management fee (subject to fees of the underlying ETFs held in the HDIF portfolio.)

HDIF Product Sheet


Key ETF Details

As at January 31, 2024

ETF DetailsUnit
TSX CodeHDIF
CUSIP41753N102
CurrencyCAD-Hedged (underlying ETFs)
Inception Date2022/02/04
Holdings8 ETFs
Management StyleActive with Covered Calls (underlying ETFs)
EligibleRRSP | RRIF | RESP | TFSA
Management FeeZero Management Fee (ETF is subject to fees of the underlying ETFs in the portfolio)
Risk Ratingmed_risk_bar
Distribution FactsUnit
Last Cash Distribution Per UnitCA$0.0708
Last Record Date2024/01/31
Cash Distributions Since Inception**CA$1.6284
Distribution FrequencyMonthly
Distribution MethodCash or DRIP
Annual Distributions SummaryPDF View

Investor Documents

Product Sheet Fr


Investor Brochure En


ETFs Booklet En | Fr


ETF Facts En | Fr


Prospectus En | Fr


Covered Call Writing En | Fr

Relevant Posts

Disclaimer

Harvest Diversified Monthly Income ETF

Commissions, management fees and expenses all may be associated with investing in Harvest Exchange Traded Funds (managed by Harvest Portfolios Group Inc.). Please read the relevant prospectus before investing. The indicated rates of return are the historical annual compounded total returns (except for figures of one year or less, which are simple total returns) including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. The funds are not guaranteed, their values change frequently and past performance may not be repeated. Tax investment and all other decisions should be made with guidance from a qualified professional.

The current yield represents an annualized amount that is comprised of 12 unchanged monthly distributions (using the most recent month’s distribution figure multiplied by 12) as a percentage of the closing market price of the Fund. The current yield does not represent historical returns of the ETF but represents the distribution an investor would receive if the most most recent distribution stayed the same going forward.

* Represents aggregate AUM of all classes denominated in Canadian dollars.

† The first year of Calendar Year Performance presents the rate of return from commencement of operations to December 31 of that year.

‡ Source: Bloomberg. Average statistics calculated based on portfolio weighted average. Dividend yield (gross) based on Bloomberg indicated 12 month yield of portfolios positions and does not represent the distribution yield paid to investors. The above information is for illustrative purposes only, is estimated and unaudited.

# For illustrative purposes only. The chart above only shows the market value per unit of Harvest Diversified Monthly Income ETF ("HDIF") using the daily market close on the TSX and identifies the monthly cash distributions paid by HDIF on a cumulative basis. The cash distributions are not compounded or treated as reinvested, and the chart does not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder. The chart is not a performance chart and is not indicative of future market values of HDIF or returns on investment in HDIF, which will vary.