Harvest Portfolios Group
HHL

Harvest US Bank Leaders Income ETF

The Power of US Financial Titans

The US banking sector sits at the core of the world’s largest economy. These banks and financial institutions are key to the functioning of American and global business. The US financial sector is more competitive than its Canadian equivalent, but the largest US banks have a scale and presence that is unmatched globally. This ETF holds these leaders in US banking and uses covered calls to enhance income.

Key Facts

As at 2022/12/08

TICKER

HUBL

TSX
CURRENCY

CAD

Hedged
NAV

$13.60

Updated Daily
MKT PRICE CLOSE

$13.58

Updated Daily
NET AUM*

$82.17M

Updated Daily

MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0833

Cash, Per Unit
CURRENT YIELD

7.36%

Updated Daily
DISTRIBUTION

$4.8314

Total, Since Inception**

Key Facts

As at 2022/12/08

TICKER

HUBL.U

TSX
CURRENCY

USD

Unhedged
NAV

$14.72

Updated Daily
MKT PRICE CLOSE

$14.70

Updated Daily
NET AUM*

$82.17M

Updated Daily

MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0833

Cash, Per Unit
CURRENT YIELD

6.80%

Updated Daily
DISTRIBUTION

$4.8314

Total, Since Inception**

Distributions

Last Cash Distribution Per Unit:

$0.0833

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$4.8314

Cash Distributions Since Inception (Class U)**:

CA$4.8314

Ex-dividend DateRecord DatePayment DateClass A (CAD)Class U (USD)Distribution Frequency
2022-11-292022-11-302022-12-09$0.0833$0.0833Monthly
2022-10-282022-10-312022-11-09$0.0833$0.0833Monthly
2022-09-282022-09-292022-10-07$0.0833$0.0833Monthly
2022-08-302022-08-312022-09-09$0.0833$0.0833Monthly
2022-07-282022-07-292022-08-09$0.0833$0.0833Monthly
2022-06-292022-06-302022-07-08$0.0833$0.0833Monthly
2022-05-302022-05-312022-06-09$0.0833$0.0833Monthly
2022-04-282022-04-292022-05-09$0.0833$0.0833Monthly
2022-03-302022-03-312022-04-08$0.0833$0.0833Monthly
2022-02-252022-02-282022-03-09$0.0833$0.0833Monthly
2022-01-282022-01-312022-02-09$0.0833$0.0833Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class U (USD)Distribution Frequency
2021-12-302021-12-312022-01-07$0.0833$0.0833Monthly
2021-12-302021-12-312021-12-31$0.2490Notional***
2021-11-292021-11-302021-12-09$0.0833$0.0833Monthly
2021-10-282021-10-292021-11-09$0.0833$0.0833Monthly
2021-09-282021-09-302021-10-08$0.0833$0.0833Monthly
2021-08-302021-08-312021-09-09$0.0833$0.0833Monthly
2021-07-292021-07-302021-08-09$0.0833$0.0833Monthly
2021-06-292021-06-302021-07-09$0.0833$0.0833Monthly
2021-05-282021-05-312021-06-09$0.0833$0.0833Monthly
2021-04-292021-04-302021-05-07$0.0833$0.0833Monthly
2021-03-302021-03-312021-04-09$0.0833$0.0833Monthly
2021-02-252021-02-262021-03-09$0.0833$0.0833Monthly
2021-01-282021-01-292021-02-09$0.0833$0.0833Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class U (USD)Distribution Frequency
2020-12-302020-12-312021-01-08$0.0833$0.0833Monthly
2020-11-272020-11-302020-12-09$0.0833$0.0833Monthly
2020-10-292020-10-302020-11-09$0.0833$0.0833Monthly
2020-09-292020-09-302020-10-09$0.0833$0.0833Monthly
2020-08-282020-08-312020-09-09$0.0833$0.0833Monthly
2020-07-302020-07-312020-08-07$0.0833$0.0833Monthly
2020-06-292020-06-302020-07-09$0.0833$0.0833Monthly
2020-05-282020-05-292020-06-09$0.0833$0.0833Monthly
2020-04-292020-04-302020-05-08$0.0833$0.0833Monthly
2020-03-302020-03-312020-04-09$0.0833$0.0833Monthly
2020-02-272020-02-282020-03-09$0.0833$0.0833Monthly
2020-01-302020-01-312020-02-07$0.0833$0.0833Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class U (USD)Distribution Frequency
2019-12-302019-12-31$0.0833$0.0833Monthly
2019-11-282019-11-29$0.0833$0.0833Monthly
2019-10-302019-10-31$0.0833$0.0833Monthly
2019-09-272019-09-30$0.0833$0.0833Monthly
2019-08-292019-08-30$0.0833$0.0833Monthly
2019-07-302019-07-31$0.0833$0.0833Monthly
2019-06-272019-06-28$0.0833$0.0833Monthly
2019-05-302019-05-31$0.0833$0.0833Monthly
2019-04-292019-04-30$0.0833$0.0833Monthly
2019-03-282019-03-29$0.0833$0.0833Monthly
2019-02-272019-02-28$0.0833$0.0833Monthly
2019-01-302019-01-31$0.0833$0.0833Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class U (USD)Distribution Frequency
2018-12-282018-12-31$0.0833$0.0833Monthly
2018-11-292018-11-30$0.0833$0.0833Monthly
2018-10-302018-10-31$0.0833$0.0833Monthly
2018-09-272018-09-28$0.0833$0.0833Monthly
2018-08-302018-08-31$0.0833$0.0833Monthly
2018-07-302018-07-31$0.0833$0.0833Monthly
2018-06-282018-06-29$0.0833$0.0833Monthly
2018-05-302018-05-31$0.0833$0.0833Monthly
2018-04-272018-04-30$0.0833$0.0833Monthly
2018-03-282018-03-29$0.0833$0.0833Monthly
2018-02-272018-02-28$0.0833$0.0833Monthly

Portfolio Analysis

As at November 30, 2022

Number of Equity Securities:

16

Average Market Capitalization (CAD):

$139B

Average P/E:

11.2x

Average Dividend Yield:

3.32%

Average 5 Year Return on Equity:

11.05%

.


Sub-Sector Allocation

As at November 30, 2022

Holdings

As at November 30, 2022

NameTickerWeightSectorCountry
Citizens Financial Group, Inc.CFG US6.3%BanksUnited States
Huntington Bancshares IncorporatedHBAN US6.2%BanksUnited States
Morgan StanleyMS US6.2%Capital MarketsUnited States
The PNC Financial Services Group, Inc.PNC US6.2%BanksUnited States
U.S. BancorpUSB US6.2%BanksUnited States
Fifth Third BancorpFITB US6.1%BanksUnited States
First Republic BankFRC US6.1%BanksUnited States
JPMorgan Chase & Co.JPM US6.1%BanksUnited States
Regions Financial CorporationRF US6.1%BanksUnited States
Truist Financial CorporationTFC US6.1%BanksUnited States
Wells Fargo & CompanyWFC US6.1%BanksUnited States
Bank of America CorporationBAC US6.0%BanksUnited States
The Goldman Sachs Group, Inc.GS US6.0%Capital MarketsUnited States
M&T Bank CorporationMTB US6.0%BanksUnited States
Citigroup Inc.C US5.9%BanksUnited States
KeyCorpKEY US5.9%BanksUnited States
Foreign currency forwards1.6%
Cash and other assets and liabilities1.2%
Market value of options(0.5)%

Download CSV


Annualized Performance

As at November 30, 2022

Ticker1M3M6MYTD1Y2Y3Y4YSI
HUBL5.456.34(0.12)(8.58)(7.80)13.132.703.440.24
HUBL.U5.696.960.65(7.40)(6.42)14.564.915.361.67

Download CSV

Calendar Year Performance

As at November 30, 2022

Ticker2021202020192018
HUBL29.16(10.69)26.76(24.33)
HUBL.U30.51(7.06)27.97(24.63)

Download CSV

Cumulative Market Price#

(Monthly Distribution: $0.0833)

Cumulative Growth $10,000 Invested

(NAV pricing)

HUBL Historical Daily Prices (CLICK HERE)


Documents

HUBL Why Invest
Why Invest
HUBL Investor Brochure
Investor Brochure
HUBL 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
Proxy Voting PolicyEnglish-Proxy Voting
July 1, 2021 to June 30, 2022 Proxy SummaryEnglish-Proxy Voting

HUBL Historical Documents (CLICK HERE)


Investment Objective

Harvest US Bank Leaders Income ETF is a core US financials portfolio focused on the dominant bank and financial companies in the US. The ETF is designed to provide a consistent monthly income with an opportunity for growth. In order to generate an enhanced monthly distribution yield, an active covered call strategy is engaged.

 

Benefits of investing in HUBL

  • Core dividend-paying US financials equity portfolio

  • Exposure to a diversified portfolio of large-capitalized US banks & financial stocks

  • Attractive monthly income with opportunity for capital appreciation

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

  • Available in two currency classes: Hedged, US dollar

HUBL Why Invest

ETF Facts

As at November 30, 2022

Quick ETF FactsClass AClass U
TSX CodeHUBLHUBL.U
CUSIP41755H10341755H202
CurrencyCAD-HedgedUS Dollar
Inception Date2018/01/262018/01/26
Management StyleActive with Covered Calls
EligibleRRSP | RRIF | RESP | TFSA
Management Fee0.75%
Risk Ratingmed_risk_bar
Distribution FactsClass AClass U
Last DistributionCA$0.0833US$0.0833
Last Record Date2022-11-302022-11-30
Distributions SI*CA$4.8314US$4.8314
Distribution FrequencyMonthly
Distribution MethodCash or DRIP
2021 Distributions SummaryPDF View

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 SummaryEn

Relevant Posts

Disclaimer

Harvest US Bank Leaders 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 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 Fund is not guaranteed, its values changes frequently and past performance may not be repeated. Distributions are paid to you in cash. If the Fund earns less than the amount distributed, the difference is a return of capital. 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 2018/02/05; Class U is 2018/02/05.

*** Notional non-cash distributions are paid annually (if any). There is no impact on net asset value per unit. The notional distribution is added to the cost base of the ETF and is taxable if not held in a registered account (RSP/RIF/TFSA and RESP).

† 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 US Bank Leaders Income ETF ("HUBL") using the daily market close on the TSX and identifies the monthly cash distributions paid by HUBL 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 HUBL or returns on investment in HUBL, 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 *