HUTL

Harvest Equal Weight Global Utilities Income ETF

Income And Stability Built On Constant Demand

The utilities sector is attractive for defensive and income-oriented investors. Utilities companies have huge scale, significant barriers to entry, and dominance in their markets. With a globally diversified portfolio and a covered call strategy this ETF maximizes the defensiveness and income potential of utilities.

Key Facts

As at 2024/06/24

TICKER

HUTL

TSX
CURRENCY

CAD

Hedged
NAV

$16.53

Updated Daily
MKT PRICE CLOSE

$16.66

Updated Daily
NET AUM*

$206.27M

Updated Daily
MGMT STYLE

Rules-Based

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.1166

Cash, Per unit
CURRENT YIELD

8.40%

Updated Daily
DISTRIBUTION

$7.3458

Total, Since Inception**

Key Facts

As at 2024/06/24

TICKER

HUTL

TSX
CURRENCY

CAD

Hedged
NAV

$16.53

Updated Daily
MKT PRICE CLOSE

$16.66

Updated Daily
NET AUM*

$206.27M

Updated Daily
MGMT STYLE

Rules-Based

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.1166

Cash, Per Unit
CURRENT YIELD

8.40%

Updated Daily
DISTRIBUTION

$7.3458

Total, Since Inception**

Distributions

Last Ex-dividend Date:

2024/05/31

Last Record Date:

2024/05/31

Last Payment Date:

2024/06/07

Last Cash Distribution Per Unit:

$0.1166

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception**:

$7.3458

Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2024/05/312024/05/312024/06/07$0.1166Monthly
2024/04/292024/04/302024/05/09$0.1166Monthly
2024/03/272024/03/282024/04/09$0.1166Monthly
2024/02/282024/02/292024/03/08$0.1166Monthly
2024/01/302024/01/312024/02/09$0.1166Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2023/12/282023/12/292024/01/09$0.1166Monthly
2023/11/292023/11/302023/12/08$0.1166Monthly
2023/10/302023/10/312023/11/09$0.1166Monthly
2023/09/282023/09/292023/10/06$0.1166Monthly
2023/08/302023/08/312023/09/08$0.1166Monthly
2023/07/282023/07/312023/08/09$0.1166Monthly
2023/06/292023/06/302023/07/07$0.1166Monthly
2023/05/302023/05/312023/06/09$0.1166Monthly
2023/04/272023/04/282023/05/09$0.1166Monthly
2023/03/302023/03/312023/04/06$0.1166Monthly
2023/02/272023/02/282023/03/09$0.1166Monthly
2023/01/302023/01/312023/02/09$0.1166Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2022/12/292022/12/302023/01/09$0.1166Monthly
2022/11/292022/11/302022/12/09$0.1166Monthly
2022/10/282022/10/312022/11/09$0.1166Monthly
2022/09/282022/09/292022/10/07$0.1166Monthly
2022/08/302022/08/312022/09/09$0.1166Monthly
2022/07/282022/07/292022/08/09$0.1166Monthly
2022/06/292022/06/302022/07/08$0.1166Monthly
2022/05/302022/05/312022/06/09$0.1166Monthly
2022/04/282022/04/292022/05/09$0.1166Monthly
2022/03/302022/03/312022/04/08$0.1166Monthly
2022/02/252022/02/282022/03/09$0.1166Monthly
2022/01/282022/01/312022/02/09$0.1166Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2021/12/302021/12/312022/01/07$0.1166Monthly
2021/11/292021/11/302021/12/09$0.1166Monthly
2021/10/282021/10/292021/11/09$0.1166Monthly
2021/09/282021/09/302021/10/08$0.1166Monthly
2021/08/302021/08/312021/09/09$0.1166Monthly
2021/07/292021/07/302021/08/09$0.1166Monthly
2021/06/292021/06/302021/07/09$0.1166Monthly
2021/05/282021/05/312021/06/09$0.1166Monthly
2021/04/292021/04/302021/05/07$0.1166Monthly
2021/03/302021/03/312021/04/09$0.1166Monthly
2021/02/252021/02/262021/03/09$0.1166Monthly
2021/01/282021/01/292021/02/09$0.1166Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2020/12/302020/12/312021/01/08$0.1166Monthly
2020/11/272020/11/302020/12/09$0.1166Monthly
2020/10/292020/10/302020/11/09$0.1166Monthly
2020/09/292020/09/302020/10/09$0.1166Monthly
2020/08/282020/08/312020/09/09$0.1166Monthly
2020/07/302020/07/312020/08/07$0.1166Monthly
2020/06/292020/06/302020/07/09$0.1166Monthly
2020/05/282020/05/292020/06/09$0.1166Monthly
2020/04/292020/04/302020/05/08$0.1166Monthly
2020/03/302020/03/312020/04/09$0.1166Monthly
2020/02/272020/02/282020/03/09$0.1166Monthly
2020/01/302020/01/312020/02/07$0.1166Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2019/12/302019/12/31$0.1166Monthly
2019/11/282019/11/29$0.1166Monthly
2019/10/302019/10/31$0.1166Monthly
2019/09/272019/09/30$0.1166Monthly
2019/08/292019/08/30$0.1166Monthly
2019/07/302019/07/31$0.1166Monthly
2019/06/272019/06/28$0.1166Monthly
2019/05/302019/05/31$0.1166Monthly
2019/04/292019/04/30$0.1166Monthly
2019/03/282019/03/29$0.1166Monthly

Annual Tax Information


Portfolio Analysis

As at May 31, 2024

Number of Equity Securities:

32

Average Market Capitalization (CAD):

$52B

Average Dividend Yield:

5.21%

Average P/E:

13.7x

Average 5 Year Return on Equity:

13.26%

_


Sub-Sector Allocation

As at May 31, 2024


Geographic Allocation

As at May 31, 2024

Holdings

As at May 31, 2024

NameTickerWeightSectorCountry
FirstEnergy Corp.FE US3.4%Electric UtilitiesUnited States
Pembina Pipeline CorporationPPL CN3.4%Oil, Gas & Consumable FuelsCanada
Telefonica, S.A.TEF SM3.4%Diversified Telecommunication ServicesSpain
Verizon Communications Inc.VZ US3.4%Diversified Telecommunication ServicesUnited States
The Williams Companies, Inc.WMB US3.4%Oil, Gas & Consumable FuelsUnited States
AT&T Inc.T US3.3%Diversified Telecommunication ServicesUnited States
Avangrid, Inc.AGR US3.3%Electric UtilitiesUnited States
BT Group PLCBT/A LN3.3%Diversified Telecommunication ServicesUnited Kingdom
Dominion Energy, Inc.D US3.3%Multi-UtilitiesUnited States
Edison InternationalEIX US3.3%Electric UtilitiesUnited States
Enbridge Inc.ENB CN3.3%Oil, Gas & Consumable FuelsCanada
Endesa, S.A.ELE SM3.3%Electric UtilitiesSpain
ENGIE S.A.ENGI FP3.3%Multi-UtilitiesFrance
Evergy, Inc.EVRG US3.3%Electric UtilitiesUnited States
Iberdrola, S.A.IBE SM3.3%Electric UtilitiesSpain
Kinder Morgan, Inc.KMI US3.3%Oil, Gas & Consumable FuelsUnited States
Koninklijke KPN NVKPN NA3.3%Diversified Telecommunication ServicesNetherlands
ONEOK, Inc.OKE US3.3%Oil, Gas & Consumable FuelsUnited States
Orange S.A.ORA FP3.3%Diversified Telecommunication ServicesFrance
Pinnacle West Capital CorporationPNW US3.3%Electric UtilitiesUnited States
Swisscom AGSCMN SW3.3%Diversified Telecommunication ServicesSwitzerland
TELUS CorporationT CN3.3%Diversified Telecommunication ServicesCanada
Brookfield Renewable CorporationBEPC CN3.2%Independent Power and Renewable Electricity ProducersCanada
Emera IncorporatedEMA CN3.2%Electric UtilitiesCanada
Eversource EnergyES US3.2%Electric UtilitiesUnited States
Naturgy Energy Group, S.A.NTGY SM3.2%Gas UtilitiesSpain
SSE PLCSSE LN3.2%Electric UtilitiesUnited Kingdom
Telenor ASATEL NO3.2%Diversified Telecommunication ServicesNorway
VERBUND AGVER AV3.2%Electric UtilitiesAustria
National Grid PLCNG/ LN2.5%Multi-UtilitiesUnited Kingdom
Harvest Canadian T-Bill ETFTBIL CN1.1%Cash EquivalentsCanada
Cash and other assets and liabilities0.9%
Foreign currency forwards0.3%
National Grid PLC RightsNGPN LN0.2%Multi-UtilitiesUnited Kingdom
Market value of options(0.4)%

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Annualized Performance

As at May 31, 2024

Ticker1M3M6MYTD1Y2Y3Y4YSI
HUTL4.478.456.996.547.38(0.73)3.375.754.17

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Calendar Year Performance

As at May 31, 2024

Ticker20232022202120202019
HUTL2.16(4.44)16.37(10.92)15.57

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Cumulative Market Price#

(Monthly Distribution: $0.1166)

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.

HUTL Historical Daily Prices (CLICK HERE)


Documents

HUTL Product Sheet
Product Sheet
HUTL Investor Brochure
Investor Brochure
HUTL ETF Facts
ETF Facts

.

DocumentLanguageType
Product SheetEnglishFrenchFund Documents
Investor BookletEnglish-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

HUTL Historical Documents (CLICK HERE)


Investment Goal

Harvest Equal Weight Global Utilities Income ETF invests in an equally weighted portfolio of 30 global utilities companies, covering utilities, telecommunications, oil & gas storage, and transportation. The ETF is designed to provide a consistent and competitive 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 HUTL

  • Large-capitalization global utility stocks with long term sustainable cash flows

  • Designed for investors looking for defensive position with attractive monthly income

  • Lower Correlations & Volatility

  • Equally Weighted to reduce single stock risk

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

  • Currency Availability: Hedged

HUTL Product Sheet


Key ETF Details

As at May 31, 2024

ETF DetailsUnit
TSX CodeHUTL
CUSIP41754C105
CurrencyCAD-Hedged
Inception Date2019/01/07
Management StyleRules-Based with Covered Calls
EligibleRRSP | RRIF | RESP | TFSA | FHSA
Management Fee0.50%
Risk Ratingmed_risk_bar
Distribution FactsUnit
Last Cash Distribution Per UnitCA$0.1166
Last Record Date2024/05/31
Cash Distributions Since Inception**CA$7.3458
Cash Distribution FrequencyMonthly
Distribution MethodCash or DRIP
Annual Distributions SummaryPDF View
HUTL Interactive 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 Equal Weight Global Utilities 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.

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: 2019/01/15

† 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 Equal Weight Global Utilities Income ETF ("HUTL") using the daily market close on the TSX and identifies the monthly cash distributions paid by HUTL 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 HUTL or returns on investment in HUTL, which will vary.