Overview
The Harvest MicroStrategy Enhanced High Income Shares ETF invests all its assets, directly or indirectly, in Class A shares of MicroStrategy. MicroStrategy provides business intelligence, mobile software, and cloud-based services. The company’s securities have developed into a Bitcoin treasury holding company, due to its substantial holdings in the world’s premier digital currency.
Fund Focus
The Harvest MicroStrategy Enhanced High Income Shares ETF (TSX: MSTE) provides access to the growth potential of MicroStrategy and overlays an active covered call writing strategy on up to 50% of the position to provide high monthly cash distributions to its unitholders. It applies modest leverage at around 25% for higher income and growth potential. Units of the ETF are available in CAD.
Advantages
- US Stock + High Monthly Income
- Canadian Trust Unit
- Tax Efficient
- Lower Purchase Price
- Applies modest leverage for higher monthly income in CAD
MSTR Historical Price
MicroStrategy Incorporated (NASDAQ:MSTR) operates as a Bitcoin treasury company.
Source: Bloomberg
Fund Details | As at 2025/06/03 |
---|---|
Ticker | MSTE |
Reference Asset | MSTR |
Distribution (per unit) | $0.66 / MTH |
Total Distribution (since inception) | $1.9200 |
NAV | $16.59 |
MKT (Close) | $16.60 |
AUM | $148.11M |
Currency | CAD-Unhedged |
Management Fee | 0.40% |
Risk Rating | High |
More Details
CUSIP | 417556107 |
Inception | March 5, 2025 |
Eligible | RRSP / TFSA / RRIF / RESP / FHSA |
Distribution | Monthly Variable |
Distribution Method | Cash/DRIP |
Explore other High Income Shares:
Performance / Distributions
Performance for Harvest High Income Shares cannot be displayed until 1 year after inception 2025/03/05.
Distribution History
Record Date | Ex-dividend Date | Pay Date | Amount | Type |
---|---|---|---|---|
2025/05/30 | 2025/05/30 | 2025/06/09 | $0.6600 | Monthly |
2025/04/30 | 2025/04/30 | 2025/05/09 | $0.6600 | Monthly |
2025/03/31 | 2025/03/31 | 2025/04/09 | $0.6000 | Monthly |
Portfolio Breakdown
The ETF seeks to provide unitholders with long-term capital appreciation through purchasing and holding common stock of MSTR and generate high monthly cash distributions through an active covered call writing strategy.
HOLDING | As at March 5, 2025 |
---|---|
MicroStrategy Incorporated | 122.8% |
Market value of options | 0% |
Cash and other assets and liabilities | (22.8)% |