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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.

Harvest ETFs announced by press release on June 25, 2024 that this ETF will increase its monthly cash distribution amount for all classes taking effect for the July 31, 2024 record date with a payable date of August 9, 2024. For more details, please click here.

Key Facts

As at 2024/07/22

TICKER

HHL

TSX
CURRENCY

CAD

Hedged
NAV

$8.45

Updated Daily
MKT PRICE CLOSE

$8.47

Updated Daily
NET AUM*

$1498.39M

Updated Daily
MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0583

Cash, Per Unit
CURRENT YIELD

8.26%

Updated Daily
DISTRIBUTION

$6.6462

Total, Since Inception**

Key Facts

As at 2024/07/22

TICKER

HHL.B

TSX
CURRENCY

CAD

Unhedged
NAV

$9.44

Updated Daily
MKT PRICE CLOSE

$9.44

Updated Daily
NET AUM*

$1498.39M

Updated Daily
MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0583

Cash, Per Unit
CURRENT YIELD

7.41%

Updated Daily
DISTRIBUTION

$3.0316

Total, Since Inception**

Key Facts

As at 2024/07/22

TICKER

HHL.U

TSX
CURRENCY

USD

Unhedged
NAV

$8.98

Updated Daily
MKT PRICE CLOSE

$8.98

Updated Daily
NET AUM*

$1498.39M

Updated Daily
MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0583

Cash, Per Unit
CURRENT YIELD

7.79%

Updated Daily
DISTRIBUTION

$5.1887

Total, Since Inception**

Key Facts

As at 2024/07/22

TICKER

HHL

TSX
CURRENCY

CAD

Hedged
NAV

$8.45

Updated Daily
MKT PRICE CLOSE

$8.47

Updated Daily
NET AUM*

$1498.39M

Updated Daily

MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTIONS

Monthly

Frequency
LAST DISTRIBUTION

$0.0583

Cash, Per Unit
CURRENT YIELD

8.26%

Updated Daily
DISTRIBUTION

$6.6462

Total, Since Inception**

Key Facts

As at 2024/07/22

TICKER

HHL.B

TSX
CURRENCY

CAD

Unhedged
NAV

$9.44

Updated Daily
MKT PRICE CLOSE

$9.44

Updated Daily
NET AUM*

$1498.39M

Updated Daily

MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTIONS

Monthly

Frequency
LAST DISTRIBUTION

$0.0583

Cash, Per Unit
CURRENT YIELD

7.41%

Updated Daily
DISTRIBUTION

$3.0316

Total, Since Inception**

Key Facts

As at 2024/07/22

TICKER

HHL.U

TSX
CURRENCY

USD

Unhedged
NAV

$8.98

Updated Daily
MKT PRICE CLOSE

$8.98

Updated Daily
NET AUM*

$1498.39M

Updated Daily

MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTIONS

Monthly

Frequency
LAST DISTRIBUTION

$0.0583

Cash, Per Unit
CURRENT YIELD

7.79%

Updated Daily
DISTRIBUTION

$5.1887

Total, Since Inception**

Distributions

Last Cash Distribution Per Unit:

$0.0583

Last Ex-dividend Date:

2024/06/28

Last Record Date:

2024/06/28

Last Payment Date:

2024/07/09

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception (Class A)**:

CA$6.6462

Cash Distributions Since Inception (Class B)**:

CA$3.0316

Cash Distributions Since Inception (Class U)**:

US$5.1887

Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency
2024/06/282024/06/282024/07/09$0.0583$0.0583$0.0583Monthly
2024/05/312024/05/312024/06/07$0.0583$0.0583$0.0583Monthly
2024/04/292024/04/302024/05/09$0.0583$0.0583$0.0583Monthly
2024/03/272024/03/282024/04/09$0.0583$0.0583$0.0583Monthly
2024/02/282024/02/292024/03/08$0.0583$0.0583$0.0583Monthly
2024/01/302024/01/312024/02/09$0.0583$0.0583$0.0583Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency
2023/12/282023/12/292024/01/09$0.0583$0.0583$0.0583Monthly
2023/11/292023/11/302023/12/08$0.0583$0.0583$0.0583Monthly
2023/10/302023/10/312023/11/09$0.0583$0.0583$0.0583Monthly
2023/09/282023/09/292023/10/06$0.0583$0.0583$0.0583Monthly
2023/08/302023/08/312023/09/08$0.0583$0.0583$0.0583Monthly
2023/07/282023/07/312023/08/09$0.0583$0.0583$0.0583Monthly
2023/06/292023/06/302023/07/07$0.0583$0.0583$0.0583Monthly
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.

Annual Tax Information


Portfolio Analysis

As at June 28, 2024

Number of Equity Securities:

21

Average Market Capitalization (CAD):

$307B

Average P/E:

28.6x

Average Dividend Yield:

1.97%

Average 5 Year Return on Equity:

29.84%

.


Sub-Sector Allocation

As at June 28, 2024


Geographic Allocation

As at June 28, 2024

Holdings

As at June 28, 2024

NameTickerWeightSectorCountry
Eli Lilly and CompanyLLY US5.4%PharmaceuticalsUnited States
Amgen Inc.AMGN US5.3%BiotechnologyUnited States
Zoetis Inc.ZTS US5.3%PharmaceuticalsUnited States
Intuitive Surgical, Inc.ISRG US5.2%Health Care Equipment & SuppliesUnited States
Novartis AGNVS US5.2%PharmaceuticalsUnited States
AbbVie Inc.ABBV US5.1%BiotechnologyUnited States
Regeneron Pharmaceuticals, Inc.REGN US5.1%BiotechnologyUnited States
AstraZeneca PLCAZN US5.0%PharmaceuticalsUnited States
Boston Scientific CorporationBSX US5.0%Health Care Equipment & SuppliesUnited States
UnitedHealth Group IncorporatedUNH US5.0%Health Care Providers & ServicesUnited States
Elevance Health, Inc.ELV US4.9%Health Care Providers & ServicesUnited States
Stryker CorporationSYK US4.9%Health Care Equipment & SuppliesUnited States
Abbott LaboratoriesABT US4.8%Health Care Equipment & SuppliesUnited States
Johnson & JohnsonJNJ US4.8%PharmaceuticalsUnited States
Medtronic PLCMDT US4.8%Health Care Equipment & SuppliesUnited States
Bristol-Myers Squibb CompanyBMY US4.7%PharmaceuticalsUnited States
Danaher CorporationDHR US4.7%Life Sciences Tools & ServicesUnited States
Merck & Co., Inc.MRK US4.7%PharmaceuticalsUnited States
Thermo Fisher Scientific Inc.TMO US4.7%Life Sciences Tools & ServicesUnited States
Agilent Technologies, Inc.A US4.6%Life Sciences Tools & ServicesUnited States
Harvest Canadian T-Bill ETFTBIL CN1.1%Cash EquivalentsCanada
Cash and other assets and liabilities0.3%
Foreign currency forwards0.1%
Market value of options(0.4)%

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Annualized Performance

As at June 30, 2024

Ticker1M3M6MYTD1Y2Y3Y4Y5Y7Y8YSI
HHL1.910.687.947.9413.2010.989.0112.1711.148.468.267.49
HHL.B2.351.8611.7911.7917.7315.1713.2112.99---12.44
HHL.U1.970.868.288.2814.0211.729.5512.7811.969.31-10.34

Download CSV

Calendar Year Performance

As at June 30, 2024

Ticker2023202220212020201920182017201620152014
HHL6.621.4423.795.2113.752.7413.41(3.65)4.25(1.68)
HHL.B5.069.2223.064.97------
HHL.U7.362.0423.847.0314.663.6910.82---

Download CSV

Cumulative Market Price

(Monthly Distribution: $0.0583)

 
 

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.

HHL Historical Daily Prices (CLICK HERE)


Documents

HHL Product Sheet
Product Sheet
HHL Investor Brochure
Investor Brochure
HHL ETF Facts
ETF Facts

DocumentLanguageType
Product SheetEnglishFrenchFund Documents
Investor BrochureEnglish-Fund Documents
ETF FactsEnglishFrenchRegulatory
ProspectusEnglishFrenchRegulatory
ETF Products BookletEnglishFrenchInformation Materials
Covered Call WritingEnglishFrenchInformation Materials
MER SummaryEnglishFrenchInformation Materials
2024 Quarterly Summary - Q1English-Portfolio Disclosure
2023 Annual Distributions SummaryEnglish-Information Materials
2023 Annual Financial StatementsEnglishFrenchStatements/MRFPs
2023 Annual Management Report of Fund Performance EnglishFrenchStatements/MRFPs
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
 

HHL Historical Documents (CLICK HERE)


Investment Goal

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 Product Sheet

Key ETF Details

As at June 28, 2024

ETF DetailsClass AClass BClass U
TSX CodeHHLHHL.BHHL.U
CUSIP41755F10741755F30541755F206
CurrencyCAD-HedgedCAD-UnhedgedUS Dollar
Inception Date2014/12/182020/03/122017/02/09
Management StyleActive with Covered Calls
EligibleRRSP | RRIF | RESP | TFSA | FHSA
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 Date2024/06/282024/06/282024/06/28
Cash Distributions Since Inception**CA$6.6462CA$3.0316US$5.1887
Cash Distribution FrequencyMonthly
Distribution MethodCash or DRIP
Annual Distributions SummaryPDF View
HHL Investor Brochure

Investor Documents

Product Sheet Fr


Investor Brochure En


ETFs Booklet En | Fr


ETF Facts En | Fr


Prospectus En | Fr


Covered Call Writing En | Fr


MER Summary En | Fr

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 (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. 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.

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 recent distribution stayed the same going forward.

* 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.

Harvest ETFs Announces Increases to Monthly Cash Distributions

Harvest ETFs announced by press release on June 25, 2024 that certain ETFs will increase their monthly cash distribution amount for all classes taking effect for the July 31, 2024 record date with a payable date of August 9, 2024. For more details, please read the press release.

PRESS RELEASE