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Harvest Healthcare Leaders
Income ETF

Innovative Leaders of a Vital Sector

US healthcare companies combine innovation with consistent demand. We all need healthcare, especially as the developed world ages and the developing world gets richer. Healthcare companies create value from new drugs, treatments, and technologies. HHL offers steady income and growth opportunities from large-cap US healthcare leaders.

Key Facts

As at 2023/06/02

TICKER

HHL

TSX
CURRENCY

CAD

Hedged
NAV

$7.96

Updated Daily
MKT PRICE CLOSE

$7.98

Updated Daily
NET AUM*

$1362.62M

Updated Daily

MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0583

Cash, Per Unit
CURRENT YIELD

8.77%

Updated Daily
DISTRIBUTION

$5.8883

Total, Since Inception**

Key Facts

As at 2023/06/02

TICKER

HHL.B

TSX
CURRENCY

CAD

Unhedged
NAV

$8.54

Updated Daily
MKT PRICE CLOSE

$8.55

Updated Daily
NET AUM*

$1362.62M

Updated Daily
MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0583

Cash, Per Unit
CURRENT YIELD

8.18%

Updated Daily
DISTRIBUTION

$2.2737

Total, Since Inception**

Key Facts

As at 2023/06/02

TICKER

HHL.U

TSX
CURRENCY

USD

Unhedged
NAV

$8.34

Updated Daily
MKT PRICE CLOSE

$8.35

Updated Daily
NET AUM*

$1362.62M

Updated Daily
MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0583

Cash, Per Unit
CURRENT YIELD

8.38%

Updated Daily
DISTRIBUTION

$4.4308

Total, Since Inception**

Distributions

Last Cash Distribution Per Unit:

$0.0583

Last Ex-dividend Date:

2023-05-30

Last Record Date:

2023-05-31

Last Payment Date:

2023-06-09

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception (Class A)**:

CA$5.8883

Cash Distributions Since Inception (Class B)**:

CA$2.2737

Cash Distributions Since Inception (Class U)**:

US$4.4308

Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency
2023-05-302023-05-312023-06-09$0.0583$0.0583$0.0583Monthly
2023-04-272023-04-282023-05-09$0.0583$0.0583$0.0583Monthly
2023-03-302023-03-312023-04-06$0.0583$0.0583$0.0583Monthly
2023-02-272023-02-282023-03-09$0.0583$0.0583$0.0583Monthly
2023-01-302023-01-312023-02-09$0.0583$0.0583$0.0583Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency
2022-12-292022-12-302023-01-09$0.0583$0.0583$0.0583Monthly
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 May 31, 2023

Number of Equity Securities:

20

Average Market Capitalization (CAD):

$265B

Average P/E:

21.9x

Average Dividend Yield:

1.99%

Average 5 Year Return on Equity:

28.82%

.


Sub-Sector Allocation

As at May 31, 2023


Geographic Allocation

As at May 31, 2023

Holdings

As at May 31, 2023

NameTickerWeightSectorCountry
Intuitive Surgical, Inc.ISRG US5.3%Health Care Equipment & SuppliesUnited States
Boston Scientific CorporationBSX US5.1%Health Care Equipment & SuppliesUnited States
UnitedHealth Group IncorporatedUNH US5.1%Health Care Providers & ServicesUnited States
AstraZeneca PLCAZN US5.0%PharmaceuticalsUnited States
Danaher CorporationDHR US5.0%Life Sciences Tools & ServicesUnited States
Elevance Health, Inc.ELV US5.0%Health Care Providers & ServicesUnited States
Pfizer Inc.PFE US5.0%PharmaceuticalsUnited States
Stryker CorporationSYK US5.0%Health Care Equipment & SuppliesUnited States
Merck & Co., Inc.MRK US4.9%PharmaceuticalsUnited States
Regeneron Pharmaceuticals, Inc.REGN US4.9%BiotechnologyUnited States
Abbott LaboratoriesABT US4.8%Health Care Equipment & SuppliesUnited States
AbbVie Inc.ABBV US4.8%BiotechnologyUnited States
Amgen Inc.AMGN US4.8%BiotechnologyUnited States
Bristol-Myers Squibb CompanyBMY US4.8%PharmaceuticalsUnited States
Johnson & JohnsonJNJ US4.8%PharmaceuticalsUnited States
Thermo Fisher Scientific Inc.TMO US4.8%Life Sciences Tools & ServicesUnited States
Zoetis Inc.ZTS US4.8%PharmaceuticalsUnited States
Eli Lilly and CompanyLLY US4.7%PharmaceuticalsUnited States
Medtronic PLCMDT US4.7%Health Care Equipment & SuppliesUnited States
Novartis AGNVS US4.7%PharmaceuticalsUnited States
Cash and other assets and liabilities3.2%
Market value of options(0.2)%
Foreign currency forwards(1.1)%

Download CSV


Annualized Performance

As at April 30, 2023

Ticker1M3M6MYTD1Y2Y3Y4Y5Y7Y8YSI
HHL3.593.845.892.776.989.8711.9111.819.758.286.907.11
HHL.B3.885.805.522.9813.5915.7211.48----12.64
HHL.U3.623.906.092.917.7010.2112.4912.6610.62--10.22

Download CSV

Calendar Year Performance

As at April 30, 2023

Ticker202220212020201920182017201620152014
HHL1.4423.795.2113.752.7413.41(3.65)4.25(1.68)
HHL.B9.2223.064.97------
HHL.U2.0423.847.0314.663.6910.82---

Download CSV

Cumulative Market Price

(Monthly Distribution: $0.0583)

 
 

Cumulative Growth $10,000 Invested

(NAV pricing)

 
 
 

HHL Historical Daily Prices (CLICK HERE)


Documents

HHL ETF Facts
ETF Facts
HHL Investor Brochure
Investor Brochure
HHL Fund Facts
Regulatory ETF Facts

DocumentLanguageType
ETF FactsEnglishFrenchInformation Materials
Investor BrochureEnglish-Information Materials
ETF Products BookletEnglishFrenchInformation Materials
Regulatory ETF FactsEnglishFrenchRegulatory ETF Facts
ProspectusEnglishFrenchProspectus
MER SummaryEnglish-MER Summary
Covered Call WritingEnglishFrenchInformation Materials
2023 Quarterly Summary - Q1English-Portfolio Disclosure
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 Annual Distributions SummaryEnglish-Annual Distributions Summary
2022 Quarterly Summary - Q3English-Portfolio Disclosure
2022 Quarterly Summary - Q1English-Portfolio Disclosure
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 ETF Facts

ETF Facts

As at May 31, 2023

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 Date2023-05-312023-05-312023-05-31
Cash Distributions Since Inception**CA$5.8883CA$2.2737US$4.4308
Cash Distribution FrequencyMonthly
Distribution MethodCash or DRIP
Annual Distributions SummaryPDF View
HHL Interactive Brochure

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Investor Documents

ETF Facts Fr


Investor Brochure En


ETFs Booklet En | Fr


Regulatory 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.

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