Harvest Portfolios Group
HHL

Harvest Healthcare Leaders Income ETF

Innovative Leaders of a Vital Sector

Large-cap US healthcare companies uniquely combine technological innovation with powerful, non-cyclical demand tailwinds. We all need healthcare. As the developed world ages and the developing world gets richer, healthcare leaders enjoy more demand. We all need healthcare companies to innovate, and in this sector large-cap companies both power and capture value from innovation. This ETF is designed to give investors access to steady income and growth opportunities from large-cap US healthcare leaders. 

Key Facts

As at 2022/11/29

TICKER

HHL

TSX
CURRENCY

CAD

Hedged
NAV

$8.23

Updated Daily
MKT PRICE CLOSE

$8.24

Updated Daily
NET AUM*

$1234.69M

Updated Daily
MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0583

Cash, Per Unit
CURRENT YIELD

8.49%

Updated Daily
DISTRIBUTION

$5.5385

Total, Since Inception**

Key Facts

As at 2022/11/29

TICKER

HHL.B

TSX
CURRENCY

CAD

Unhedged
NAV

$8.88

Updated Daily
MKT PRICE CLOSE

$8.88

Updated Daily
NET AUM*

$1234.69M

Updated Daily
MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0583

Cash, Per Unit
CURRENT YIELD

7.88%

Updated Daily
DISTRIBUTION

$1.9239

Total, Since Inception**

Key Facts

As at 2022/11/29

TICKER

HHL.U

TSX
CURRENCY

USD

Unhedged
NAV

$8.59

Updated Daily
MKT PRICE CLOSE

$8.58

Updated Daily
NET AUM*

$1234.69M

Updated Daily
MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0583

Cash, Per Unit
CURRENT YIELD

8.15%

Updated Daily
DISTRIBUTION

$4.0810

Total, Since Inception**

Distributions

Last Cash Distribution Per Unit:

$0.0583

Last Ex-dividend Date:

2022-11-29

Last Record Date:

2022-11-30

Last Payment Date:

2022-12-09

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception (Class A)**:

CA$5.5385

Cash Distributions Since Inception (Class B)**:

CA$1.9239

Cash Distributions Since Inception (Class U)**:

US$4.0810

Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency
2022-11-292022-11-302022-12-09$0.0583$0.0583$0.0583Monthly
2022-10-282022-10-312022-11-09$0.0583$0.0583$0.0583Monthly
2022-09-282022-09-292022-10-07$0.0583$0.0583$0.0583Monthly
2022-08-302022-08-312022-09-09$0.0583$0.0583$0.0583Monthly
2022-07-282022-07-292022-08-09$0.0583$0.0583$0.0583Monthly
2022-06-292022-06-302022-07-08$0.0583$0.0583$0.0583Monthly
2022-05-302022-05-312022-06-09$0.0583$0.0583$0.0583Monthly
2022-04-282022-04-292022-05-09$0.0583$0.0583$0.0583Monthly
2022-03-302022-03-312022-04-08$0.0583$0.0583$0.0583Monthly
2022-02-252022-02-282022-03-09$0.0583$0.0583$0.0583Monthly
2022-01-282022-01-312022-02-09$0.0583$0.0583$0.0583Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency
2021-12-302021-12-312022-01-07$0.0583$0.0583$0.0583Monthly
2021-11-292021-11-302021-12-09$0.0583$0.0583$0.0583Monthly
2021-10-282021-10-292021-11-09$0.0583$0.0583$0.0583Monthly
2021-09-282021-09-302021-10-08$0.0583$0.0583$0.0583Monthly
2021-08-302021-08-312021-09-09$0.0583$0.0583$0.0583Monthly
2021-07-292021-07-302021-08-09$0.0583$0.0583$0.0583Monthly
2021-06-292021-06-302021-07-09$0.0583$0.0583$0.0583Monthly
2021-05-282021-05-312021-06-09$0.0583$0.0583$0.0583Monthly
2021-04-292021-04-302021-05-07$0.0583$0.0583$0.0583Monthly
2021-03-302021-03-312021-04-09$0.0583$0.0583$0.0583Monthly
2021-02-252021-02-262021-03-09$0.0583$0.0583$0.0583Monthly
2021-01-282021-01-292021-02-09$0.0583$0.0583$0.0583Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency
2020-12-302020-12-312021-01-08$0.0583$0.0583$0.0583Monthly
2020-11-272020-11-302020-12-09$0.0583$0.0583$0.0583Monthly
2020-10-292020-10-302020-11-09$0.0583$0.0583$0.0583Monthly
2020-09-292020-09-302020-10-09$0.0583$0.0583$0.0583Monthly
2020-08-282020-08-312020-09-09$0.0583$0.0583$0.0583Monthly
2020-07-302020-07-312020-08-07$0.0583$0.0583$0.0583Monthly
2020-06-292020-06-302020-07-09$0.0583$0.0583$0.0583Monthly
2020-05-282020-05-292020-06-09$0.0583$0.0583$0.0583Monthly
2020-04-292020-04-302020-05-08$0.0583$0.0583$0.0583Monthly
2020-03-302020-03-312020-04-09$0.0583$0.0583$0.0583Monthly
2020-02-272020-02-282020-03-09$0.0583-$0.0583Monthly
2020-01-302020-01-312020-02-07$0.0583-$0.0583Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency
2019-12-302019-12-31$0.0583-$0.0583Monthly
2019-11-282019-11-29$0.0583-$0.0583Monthly
2019-10-302019-10-31$0.0583-$0.0583Monthly
2019-09-272019-09-30$0.0583-$0.0583Monthly
2019-08-292019-08-30$0.0583-$0.0583Monthly
2019-07-302019-07-31$0.0583-$0.0583Monthly
2019-06-272019-06-28$0.0583-$0.0583Monthly
2019-05-302019-05-31$0.0583-$0.0583Monthly
2019-04-292019-04-30$0.0583-$0.0583Monthly
2019-03-282019-03-29$0.0583-$0.0583Monthly
2019-02-272019-02-28$0.0583-$0.0583Monthly
2019-01-302019-01-31$0.0583-$0.0583Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency
2018-12-282018-12-31$0.0583-$0.0583Monthly
2018-11-292018-11-30$0.0583-$0.0583Monthly
2018-10-302018-10-31$0.0583-$0.0583Monthly
2018-09-272018-09-28$0.0583-$0.0583Monthly
2018-08-302018-08-31$0.0583-$0.0583Monthly
2018-07-302018-07-31$0.0583-$0.0583Monthly
2018-06-282018-06-29$0.0583-$0.0583Monthly
2018-05-302018-05-31$0.0583-$0.0583Monthly
2018-04-272018-04-30$0.0583-$0.0583Monthly
2018-03-282018-03-29$0.0583-$0.0583Monthly
2018-02-272018-02-28$0.0583-$0.0583Monthly
2018-01-302018-01-31$0.0583-$0.0583Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency
2017-12-282017-12-29$0.0583-$0.0583Monthly
2017-11-292017-11-30$0.0583-$0.0583Monthly
2017-10-302017-10-31$0.0583-$0.0583Monthly
2017-09-282017-09-29$0.0583-$0.0583Monthly
2017-08-292017-08-31$0.0583-$0.0583Monthly
2017-07-272017-07-31$0.0583-$0.0583Monthly
2017-06-282017-06-30$0.0583-$0.0583Monthly
2017-05-292017-05-31$0.0583-$0.0583Monthly
2017-04-262017-04-28$0.0583-$0.0583Monthly
2017-03-292017-03-31$0.0583-$0.0583Monthly
2017-02-242017-02-28$0.0583-$0.0583Monthly
2017-01-272017-01-31$0.0583--Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency
2016-12-282016-12-30$0.0583--Monthly
2016-11-282016-11-30$0.0583--Monthly
2016-10-272016-10-31$0.0583--Monthly
2016-09-282016-09-30$0.0583--Monthly
2016-08-292016-08-31$0.0583--Monthly
2016-07-272016-07-29$0.0583--Monthly
2016-06-282016-06-30$0.0583--Monthly
2016-05-272016-05-31$0.0583--Monthly
2016-04-272016-04-29$0.0583--Monthly
2016-03-292016-03-31$0.0583--Monthly
2016-02-252016-02-29$0.0583--Monthly
2016-01-272016-01-29$0.0583--Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency
2015-12-292015-12-31$0.0583--Monthly
2015-11-262015-11-30$0.0583--Monthly
2015-10-282015-10-30$0.0583--Monthly
2015-09-282015-09-30$0.0583--Monthly
2015-08-272015-08-31$0.0583--Monthly
2015-07-292015-07-31$0.0583--Monthly
2015-06-262015-06-30$0.0583--Monthly
2015-05-272015-05-29$0.0583--Monthly
2015-04-282015-04-30$0.0583--Monthly
2015-03-272015-03-31$0.0583--Monthly
2015-02-252015-02-27$0.0583--Monthly
2015-01-282015-01-30$0.0583--Monthly

** Inception Date:  Class A is 2014/12/18;  Class B is 2020/03/12; Class U is 2017/02/09.

Portfolio Analysis

As at October 31, 2022

Number of Equity Securities:

20

Average Market Capitalization (CAD):

$272B

Average P/E:

21.5x

Average Dividend Yield:

1.75%

Average 5 Year Return on Equity:

27.74%

.


Sub-Sector Allocation

As at October 31, 2022


Geographic Allocation

As at October 31, 2022

Holdings

As at October 31, 2022

NameTickerWeightSectorCountry
AbbVie Inc.ABBV US4.9%BiotechnologyUnited States
AstraZeneca PLCAZN US4.9%PharmaceuticalsUnited States
Boston Scientific CorporationBSX US4.9%Health Care Equipment & SuppliesUnited States
Bristol-Myers Squibb CompanyBMY US4.9%PharmaceuticalsUnited States
Danaher CorporationDHR US4.9%Life Sciences Tools & ServicesUnited States
Elevance Health, Inc.ELV US4.9%Health Care Providers & ServicesUnited States
Eli Lilly and CompanyLLY US4.9%PharmaceuticalsUnited States
Intuitive Surgical, Inc.ISRG US4.9%Health Care Equipment & SuppliesUnited States
Medtronic PLCMDT US4.9%Health Care Equipment & SuppliesUnited States
Merck & Co., Inc.MRK US4.9%PharmaceuticalsUnited States
Novartis AGNVS US4.9%PharmaceuticalsUnited States
Regeneron Pharmaceuticals, Inc.REGN US4.9%BiotechnologyUnited States
Stryker CorporationSYK US4.9%Health Care Equipment & SuppliesUnited States
Thermo Fisher Scientific Inc.TMO US4.9%Life Sciences Tools & ServicesUnited States
UnitedHealth Group IncorporatedUNH US4.9%Health Care Providers & ServicesUnited States
Abbott LaboratoriesABT US4.8%Health Care Equipment & SuppliesUnited States
Amgen Inc.AMGN US4.8%BiotechnologyUnited States
Johnson & JohnsonJNJ US4.8%PharmaceuticalsUnited States
Pfizer Inc.PFE US4.8%PharmaceuticalsUnited States
Zoetis Inc.ZTS US4.8%PharmaceuticalsUnited States
Cash and other assets and liabilities2.7%
Foreign currency forwards0.2%
Market value of options(0.7)%

Download CSV


Annualized Performance

As at October 31, 2022

Ticker1M3M6MYTD1Y2Y3Y4Y5Y7YSI
HHL9.611.151.03(1.54)3.6116.3711.219.408.667.406.80
HHL.B8.147.847.656.5914.5618.14----12.88
HHL.U9.651.381.52(1.03)4.0716.8512.0910.329.56-10.02

Download CSV

Calendar Year Performance

As at October 31, 2022

Ticker20212020201920182017201620152014
HHL23.795.2113.752.7413.41(3.65)4.25(1.68)
HHL.B23.064.97------
HHL.U23.847.0314.663.6910.82---

Download CSV

Cumulative Market Price

(Monthly Distribution: $0.0583)

 
 

Cumulative Growth $10,000 Invested

(NAV pricing)

 
 
 

HHL Historical Daily Prices (CLICK HERE)


Documents

HHL Why Invest
Why Invest
HHL Investor Brochure
Investor Brochure
HHL Fund Facts
ETF Facts

DocumentLanguageType
Why InvestEnglishFrenchInformation Materials
Investor BrochureEnglish-Information Materials
ETF Products BookletEnglishFrenchInformation Materials
ETF FactsEnglishFrenchETF Facts
ProspectusEnglishFrenchProspectus
MER SummaryEnglish-MER Summary
Covered Call WritingEnglishFrenchInformation Materials
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 DistributionsEnglish-Annual Distributions Summary
PFIC Annual Information StatementEnglish-Information Statement
IRS Form 8937English-Tax Form
Proxy Voting PolicyEnglish-Proxy Voting
July 1, 2021 to June 30, 2022 Proxy SummaryEnglish-Proxy Voting

HHL Historical Documents (CLICK HERE)


Investment Objective

Harvest Healthcare Leaders Income ETF is an equally weighted portfolio of 20 large-cap global Healthcare companies, selected for their potential to provide attractive monthly income and long-term growth. In order to generate an enhanced monthly distribution yield, an active covered call strategy is engaged.

 

Benefits of investing in HHL

  • Global trends driving long-term growth in healthcare sector

  • Diversified exposure to 20 large capitalization global healthcare stocks

  • Attractive monthly income with opportunity for capital appreciation

  • Covered call strategy to enhance portfolio income potential and lower portfolio volatility

  • Available in multiple currency classes: Hedged, Unhedged, US dollar

HHL Why Invest

ETF Facts

As at October 31, 2022

Quick ETF FactsClass AClass BClass U
TSX CodeHHLHHL.BHHL.U
CUSIP41755F10741755F30541755F206
CurrencyCAD-HedgedCAD-UnhedgedUS Dollar
Inception Date2014/11/192020/02/272017/01/17
Management StyleActive with Covered Calls
EligibleRRSP | RRIF | RESP | TFSA
Management Fee0.85%
Risk Ratingmed_risk_bar
Distribution FactsClass AClass BClass U
Last Cash Distribution Per UnitCA$0.0583CA$0.0583US$0.0583
Last Record Date2022-10-312022-10-312022-10-31
Cash Distributions Since Inception**CA$5.4802CA$1.8656US$4.0227
Cash Distribution FrequencyMonthly
Distribution MethodCash or DRIP
2021 Distributions SummaryPDF View
HHL Interactive Brochure

INTERACT NOW!

Investor Documents

Why Invest Fr


Investor Brochure En


ETFs Booklet En | Fr


ETF Facts En | Fr


Prospectus En | Fr


Covered Call Writing En | Fr


MER Summary En

Relevant Posts

Disclaimer

Harvest Healthcare Leaders Income ETF

The Fund originally commenced operations as a TSX listed closed-end fund on December 18, 2014 and converted into an exchange-traded fund on October 24, 2016.  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 including changes in unit value and reinvestment of all distributions and do not take into account 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. Distributions are paid to you in cash unless you request, pursuant to your participation in a distribution reinvestment plan, that they be reinvested into Class A, Class B or Class U units of the Fund. If the Fund earns less than the amounts distributed, the difference is a return of capital. Tax, investment and all other decisions should be made with guidance from a qualified professional.

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

** Inception Date: Class A is 2014/12/18; Class B is 2020/03/12; Class U is 2017/02/09.

† 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 Healthcare Leaders Income ETF ("HHL") using the daily market close on the TSX and identifies the monthly cash distributions paid by HHL 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 HHL or returns on investment in HHL, which will vary.

Commissions, management fees and expenses all may be associated with investing in Harvest Exchange Traded Funds (managed by Harvest Portfolios Group Inc.) The ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Please read the relevant prospectus before investing. Tax, investment and all other decisions should be made with guidance from a qualified professional.

Sign up to receive our monthly updates

SUBSCRIBE

Join Us & Stay Informed!

* indicates required




You will receive the following timely, topical updates as well as informative content pieces:

  • •  Current Market Insights & Investment Highlights
  • •  Informative Macro Commentary
  • •  Latest Podcasts & Video
  • •  Monthly Distribution Updates & New Product Launch
  • •  Harvest ETF Booklet Updates


Confirm *