Harvest Microsoft High Income Shares ETF (US)

Overview     |     Performance/Distribution     |     Portfolio Breakdown     |     Fund Documents

Overview

The Harvest Microsoft High Income Shares ETF invests all its assets in shares of Microsoft . Microsoft is a global leader in software services, devices, and solutions. The company is known for its Windows operating system, Office suite, and Azure cloud services. Microsoft has recently diversified into gaming, LinkedIn, and AI technologies. The company’s revenue streams are well-balanced between consumer and enterprise markets.

Fund Focus

The Harvest Microsoft High Income Shares ETF provides access to the growth potential of Microsoft, and overlays an active covered call writing strategy on up to 50% of the portfolio to generate high monthly income. Units of the ETFs are available in CAD (MSFH) and USD (MSFH.U).

Advantages

  • US Stock + High Monthly Income
  • Canadian Trust Unit
  • Tax Efficiency
  • Lower Purchase Price
  • High Income in CAD/USD
  • Available in Enhanced Series

MSFT Historical Price

Microsoft Corporation (MSFT:NASDAQ) is a global leader in software, services, devices, and cyber security solutions.

Source: Bloomberg

Fund Details As at 2024/10/04
Ticker MSFH.U
Reference Asset MSFT
Distribution (per unit)* $0.14 / MTH
NAV $11.72
MKT (Close) $11.72
AUM** $7.45M
Currency USD
Management Fee 0.40%
More Details
CUSIP 417553203
Inception 2024/08/21
Eligible RRSP / TFSA / RRIF / RESP / FHSA
Distribution Frequency Monthly
Distribution Method Cash/DRIP
Risk Rating Medium

Similar funds:

MSFH

Harvest Microsoft High Income Shares ETF

MSHE

Harvest Microsoft Enhanced High Income Shares ETF

MSHE.U

Harvest Microsoft Enhanced High Income Shares ETF

Performance / Distributions

Performance for Harvest High Income Shares ETF cannot be displayed until 1 year after inception 2024/08/21.

* Initial distribution as announced on August 21, 2024 to be paid on October 9, 2024.

Distribution History

Record DateEx-dividend DatePay DateAmountDistribution Frequency 
2024/09/272024/09/272024/10/09$0.1400Monthly

Portfolio Breakdown

The ETF seeks to provide unitholders with long-term capital appreciation through purchasing and holding common stock of MSFT and generate high monthly cash distributions through an active covered call writing strategy.

HOLDING As at September 30, 2024
Microsoft Corporation 101.3%
Market value of options (0.3)%
Cash and other assets and liabilities (1.0)%
Disclaimer

Commissions, management fees and expenses all may be associated with investing in Harvest High Income Shares ETFs managed by Harvest Portfolios Group Inc. (the “Funds” or a “Fund”). Please read the relevant prospectus before investing. The Funds’ returns 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.

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 and Class U 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 the 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.