Stability, Scale, and High Monthly Income
Utilities | A Defensive Strategy for Income
Harvest Equal Weight Global
Utilities Enhanced Income ETF
%
Current Yield (as of 2025/04/30)
Why Utilities?
Utilities produce and deliver basic essential services:
Water
Natural Gas
Electricity
Pipelines
Telecommunications
Global
Electricity
Demand
Strong growth in global electricity demand bolstered by global population growth.
Change in Electricity Demand by Region, 2022-2026
Technological
Innovation
Trends include the digitization of operations and upgrading of infrastructure.
A Global
Utilities
Basket
A diversified basket of utilities helps reduce regional risks inherent in this sector.
HUTL's Geographical Allocation
A Global
Utilities
Basket
A diversified basket of utilities helps reduce regional risks inherent in this sector.
HUTL's Geographical Allocation
The Advantages of a Global Utilities Portfolio
Check out our latest edition of Market Minutes. Portfolio Manager Mike Dragosits, CFA, examines the advantages of a global utilities portfolio in 2025.
Harvest Utilities Income ETFs
Harvest Equal Weight Global Utilities Income ETF (HUTL:TSX) has exposure to these trends and high monthly income through an active covered call strategy.
Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE:TSX) is built to deliver enhanced income and growth opportunities by applying modest leverage to an investment in HUTL.
Strong performance among Canadian Utilities ETFs
Access to the growth trends in power demand
Top 30 Global Utilities, largest utility, telecom, railway, and pipeline companies
Monthly cash distributions
Available in “Enhanced” | HUTE with 25% leverage and higher yield
High Income from Global Utilities
Source: Bloomberg, April 30, 2025.
Utilities Strategy
(Global Utilities Portfolio – Covered Calls – Defence and High Income)
Key Facts
As at 2025/05/26
TICKER
HUTL
TSX
CURRENCY
CAD
Hedged
NAV
$18.27
Updated Daily
MKT PRICE CLOSE
$18.83
Updated Daily
NET AUM*
$303.25M
Updated Daily
MGMT STYLE
Rules-Based
With Covered Calls
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.1216
Cash, Per unit
CURRENT YIELD
7.75%
Updated Daily
DISTRIBUTION
$8.6784
Total, Since Inception**
Key Facts
As at 2025/05/26
TICKER
HUTE
TSX
CURRENCY
CAD
Hedged Underlying ETF
NAV
$11.34
Updated Daily
MKT PRICE CLOSE
$11.42
Updated Daily
NET AUM*
$39.67M
Updated Daily
MGMT STYLE
Rules-Based
With Covered Calls Underlying ETF
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.0880
Cash, Per Unit
CURRENT YIELD
9.25%
Updated Daily
HOLDING
HUTL
Underlying ETF
Key Facts
As at 2025/05/26
TICKER
HUTL
TSX
CURRENCY
CAD
Hedged
NAV
$18.27
Updated Daily
MKT PRICE CLOSE
$18.83
Updated Daily
NET AUM*
$303.25M
Updated Daily
MGMT STYLE
Rules-Based
With Covered Calls
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.1216
Cash, Per Unit
CURRENT YIELD
7.75%
Updated Daily
DISTRIBUTION
$8.6784
Total, Since Inception**
Key Facts
As at 2025/05/26
TICKER
HUTE
TSX
CURRENCY
CAD
Hedged Underlying ETF
NAV
$11.34
Updated Daily
MKT PRICE CLOSE
$11.42
Updated Daily
NET AUM*
$39.67M
Updated Daily
MGMT STYLE
Rules-Based
With Covered Calls Underlying ETF
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.0880
Cash, Per Unit
CURRENT YIELD
9.25%
Updated Daily
HOLDING
HUTL
Underlying ETF
Related Insights
Disclaimer
Commissions, management fees and expenses all may be associated with investing in Harvest Exchange Traded Funds managed by Harvest Portfolios Group Inc. (the “Funds” or a “Fund”). Please read the relevant prospectus before investing. The Funds are not guaranteed, their values change frequently, and past performance may not be repeated. Tax investment and all other decisions should be made with guidance from a qualified professional.
The current yield represents an annualized amount. It is comprised of 12 unchanged monthly distributions (using the most recent month’s distribution figure multiplied by 12) divided by the closing market price of the Fund at the end of a given day or month. 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.
Distributions are paid to you in cash unless you request, pursuant to your participation in a distribution reinvestment plan, that they be reinvested into available Class units of the Fund. If a Fund earns less than the amounts distributed, the difference is a return of capital.
Certain statements included in this communication constitute forward-looking statements (“FLS”, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to the Funds. The FLS are not historical facts but reflect Harvest’s and the portfolio manager of the Funds current expectations regarding future results or events. These FLS are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Harvest and the portfolio manager of the Funds believe that the assumptions inherent in the FLS are reasonable, FLS are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Funds, Harvest and the portfolio manager of the Funds undertake no obligation to update publicly or otherwise revise any FLS or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.
* Represents aggregate AUM of all classes denominated in Canadian dollars.
** Inception Date: 2019/01/15 for HUTL; 2022/10/25 for HUTE.
Where Can I Go to Invest?
Contact a Financial Advisor
Consult with your financial advisor to explore how Harvest funds may fit your investing objectives.
Buy Online
Invest in Harvest funds online through any leading brokerage platform with access to Canadian stock exchanges.
Meet the Manager
Mike Dragosits, CFA
Mike Dragosits is a Portfolio Manager at Harvest ETFs and the lead manager for the Harvest Equal Weight Global Utilities Income ETF (HUTL). Mike brings over 8 years of investment industry experience to the firm. Mike is also a CFA Charterholder.
Ready to Invest?
Buying and selling our ETFs is simple: Investors can trade through their self-directed account, or contact their discount broker or financial advisor.
Below are links to some of the self directed brokerage firms available in Canada.
Use and access of third-party websites is at your own risk. Harvest ETFs is not responsible for financial advice, content, functionality or any other aspect of third-party sites. Harvest ETFs is not affiliated with any of these on-line financial service firms. Harvest ETFs will not be compensated by these firms when you place a trade or open an account. The listing of the on-line financial services firms above is not a recommendation or endorsement. By accessing the above websites, you are leaving the Harvest ETFs website and going to a 3rd party site that is independent of Harvest ETFs. Canadian investors may only purchase or trade Harvest ETFs through registered investment dealers, including but not limited to, the online brokerage firms listed above.