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 2024/12/24
TICKER
HUTL
TSX
CURRENCY
CAD
Hedged
NAV
$17.21
Updated Daily
MKT PRICE CLOSE
$17.29
Updated Daily
NET AUM*
$250.81M
Updated Daily
MGMT STYLE
Rules-Based
With Covered Calls
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.1216
Cash, Per unit
CURRENT YIELD
8.44%
Updated Daily
DISTRIBUTION
$8.0704
Total, Since Inception**
Key Facts
As at 2024/12/24
TICKER
HUTL
TSX
CURRENCY
CAD
Hedged
NAV
$17.21
Updated Daily
MKT PRICE CLOSE
$17.29
Updated Daily
NET AUM*
$250.81M
Updated Daily
MGMT STYLE
Rules-Based
With Covered Calls
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.1216
Cash, Per Unit
CURRENT YIELD
8.44%
Updated Daily
DISTRIBUTION
$8.0704
Total, Since Inception**
Distributions
|
Last Ex-dividend Date: 2024/11/29 |
|
Last Record Date: 2024/11/29 |
|
Last Payment Date: 2024/12/09 |
|
Last Cash Distribution Per Unit: $0.1216 |
|
Cash Distribution Frequency: Monthly |
|
Cash Distributions Since Inception**: $8.0704 |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2024/11/29 | 2024/11/29 | 2024/12/09 | $0.1216 | Monthly |
| 2024/10/31 | 2024/10/31 | 2024/11/08 | $0.1216 | Monthly |
| 2024/09/27 | 2024/09/27 | 2024/10/09 | $0.1216 | Monthly |
| 2024/08/30 | 2024/08/30 | 2024/09/09 | $0.1216 | Monthly |
| 2024/07/31 | 2024/07/31 | 2024/08/09 | $0.1216 | Monthly |
| 2024/06/28 | 2024/06/28 | 2024/07/09 | $0.1166 | Monthly |
| 2024/05/31 | 2024/05/31 | 2024/06/07 | $0.1166 | Monthly |
| 2024/04/29 | 2024/04/30 | 2024/05/09 | $0.1166 | Monthly |
| 2024/03/27 | 2024/03/28 | 2024/04/09 | $0.1166 | Monthly |
| 2024/02/28 | 2024/02/29 | 2024/03/08 | $0.1166 | Monthly |
| 2024/01/30 | 2024/01/31 | 2024/02/09 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2023/12/28 | 2023/12/29 | 2024/01/09 | $0.1166 | Monthly |
| 2023/11/29 | 2023/11/30 | 2023/12/08 | $0.1166 | Monthly |
| 2023/10/30 | 2023/10/31 | 2023/11/09 | $0.1166 | Monthly |
| 2023/09/28 | 2023/09/29 | 2023/10/06 | $0.1166 | Monthly |
| 2023/08/30 | 2023/08/31 | 2023/09/08 | $0.1166 | Monthly |
| 2023/07/28 | 2023/07/31 | 2023/08/09 | $0.1166 | Monthly |
| 2023/06/29 | 2023/06/30 | 2023/07/07 | $0.1166 | Monthly |
| 2023/05/30 | 2023/05/31 | 2023/06/09 | $0.1166 | Monthly |
| 2023/04/27 | 2023/04/28 | 2023/05/09 | $0.1166 | Monthly |
| 2023/03/30 | 2023/03/31 | 2023/04/06 | $0.1166 | Monthly |
| 2023/02/27 | 2023/02/28 | 2023/03/09 | $0.1166 | Monthly |
| 2023/01/30 | 2023/01/31 | 2023/02/09 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2022/12/29 | 2022/12/30 | 2023/01/09 | $0.1166 | Monthly |
| 2022/11/29 | 2022/11/30 | 2022/12/09 | $0.1166 | Monthly |
| 2022/10/28 | 2022/10/31 | 2022/11/09 | $0.1166 | Monthly |
| 2022/09/28 | 2022/09/29 | 2022/10/07 | $0.1166 | Monthly |
| 2022/08/30 | 2022/08/31 | 2022/09/09 | $0.1166 | Monthly |
| 2022/07/28 | 2022/07/29 | 2022/08/09 | $0.1166 | Monthly |
| 2022/06/29 | 2022/06/30 | 2022/07/08 | $0.1166 | Monthly |
| 2022/05/30 | 2022/05/31 | 2022/06/09 | $0.1166 | Monthly |
| 2022/04/28 | 2022/04/29 | 2022/05/09 | $0.1166 | Monthly |
| 2022/03/30 | 2022/03/31 | 2022/04/08 | $0.1166 | Monthly |
| 2022/02/25 | 2022/02/28 | 2022/03/09 | $0.1166 | Monthly |
| 2022/01/28 | 2022/01/31 | 2022/02/09 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2021/12/30 | 2021/12/31 | 2022/01/07 | $0.1166 | Monthly |
| 2021/11/29 | 2021/11/30 | 2021/12/09 | $0.1166 | Monthly |
| 2021/10/28 | 2021/10/29 | 2021/11/09 | $0.1166 | Monthly |
| 2021/09/28 | 2021/09/30 | 2021/10/08 | $0.1166 | Monthly |
| 2021/08/30 | 2021/08/31 | 2021/09/09 | $0.1166 | Monthly |
| 2021/07/29 | 2021/07/30 | 2021/08/09 | $0.1166 | Monthly |
| 2021/06/29 | 2021/06/30 | 2021/07/09 | $0.1166 | Monthly |
| 2021/05/28 | 2021/05/31 | 2021/06/09 | $0.1166 | Monthly |
| 2021/04/29 | 2021/04/30 | 2021/05/07 | $0.1166 | Monthly |
| 2021/03/30 | 2021/03/31 | 2021/04/09 | $0.1166 | Monthly |
| 2021/02/25 | 2021/02/26 | 2021/03/09 | $0.1166 | Monthly |
| 2021/01/28 | 2021/01/29 | 2021/02/09 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2020/12/30 | 2020/12/31 | 2021/01/08 | $0.1166 | Monthly |
| 2020/11/27 | 2020/11/30 | 2020/12/09 | $0.1166 | Monthly |
| 2020/10/29 | 2020/10/30 | 2020/11/09 | $0.1166 | Monthly |
| 2020/09/29 | 2020/09/30 | 2020/10/09 | $0.1166 | Monthly |
| 2020/08/28 | 2020/08/31 | 2020/09/09 | $0.1166 | Monthly |
| 2020/07/30 | 2020/07/31 | 2020/08/07 | $0.1166 | Monthly |
| 2020/06/29 | 2020/06/30 | 2020/07/09 | $0.1166 | Monthly |
| 2020/05/28 | 2020/05/29 | 2020/06/09 | $0.1166 | Monthly |
| 2020/04/29 | 2020/04/30 | 2020/05/08 | $0.1166 | Monthly |
| 2020/03/30 | 2020/03/31 | 2020/04/09 | $0.1166 | Monthly |
| 2020/02/27 | 2020/02/28 | 2020/03/09 | $0.1166 | Monthly |
| 2020/01/30 | 2020/01/31 | 2020/02/07 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2019/12/30 | 2019/12/31 | $0.1166 | Monthly | |
| 2019/11/28 | 2019/11/29 | $0.1166 | Monthly | |
| 2019/10/30 | 2019/10/31 | $0.1166 | Monthly | |
| 2019/09/27 | 2019/09/30 | $0.1166 | Monthly | |
| 2019/08/29 | 2019/08/30 | $0.1166 | Monthly | |
| 2019/07/30 | 2019/07/31 | $0.1166 | Monthly | |
| 2019/06/27 | 2019/06/28 | $0.1166 | Monthly | |
| 2019/05/30 | 2019/05/31 | $0.1166 | Monthly | |
| 2019/04/29 | 2019/04/30 | $0.1166 | Monthly | |
| 2019/03/28 | 2019/03/29 | $0.1166 | Monthly |
Portfolio Analysis‡
As at November 29, 2024
|
Number of Equity Securities: 30 |
|
Average Market Capitalization (CAD): $57B |
|
Average Dividend Yield: 5.00% |
|
Average P/E: 14.7x |
|
Average 5 Year Return on Equity: 13.58% |
|
_ |
|
As at November 29, 2024 |
|
As at November 29, 2024 |
Holdings
As at November 29, 2024
| Name | Ticker | Weight | Sector | Country |
|---|---|---|---|---|
| BT Group PLC | BT/A LN | 3.6% | Diversified Telecommunication Services | United Kingdom |
| Brookfield Renewable Corporation | BEPC CN | 3.5% | Independent Power and Renewable Electricity Producers | Canada |
| E.ON SE | EOAN GR | 3.4% | Multi-Utilities | Germany |
| Emera Incorporated | EMA CN | 3.4% | Electric Utilities | Canada |
| Eversource Energy | ES US | 3.4% | Electric Utilities | United States |
| Verizon Communications Inc. | VZ US | 3.4% | Diversified Telecommunication Services | United States |
| AT&T Inc. | T US | 3.3% | Diversified Telecommunication Services | United States |
| Enbridge Inc. | ENB CN | 3.3% | Oil, Gas & Consumable Fuels | Canada |
| Endesa, S.A. | ELE SM | 3.3% | Electric Utilities | Spain |
| Evergy, Inc. | EVRG US | 3.3% | Electric Utilities | United States |
| FirstEnergy Corp. | FE US | 3.3% | Electric Utilities | United States |
| Fortis Inc. | FTS CN | 3.3% | Electric Utilities | Canada |
| Kinder Morgan, Inc. | KMI US | 3.3% | Oil, Gas & Consumable Fuels | United States |
| Koninklijke KPN NV | KPN NA | 3.3% | Diversified Telecommunication Services | Netherlands |
| National Grid PLC | NG/ LN | 3.3% | Multi-Utilities | United Kingdom |
| Naturgy Energy Group, S.A. | NTGY SM | 3.3% | Gas Utilities | Spain |
| ONEOK, Inc. | OKE US | 3.3% | Oil, Gas & Consumable Fuels | United States |
| Orange S.A. | ORA FP | 3.3% | Diversified Telecommunication Services | France |
| Pinnacle West Capital Corporation | PNW US | 3.3% | Electric Utilities | United States |
| TELUS Corporation | T CN | 3.3% | Diversified Telecommunication Services | Canada |
| VERBUND AG | VER AV | 3.3% | Electric Utilities | Austria |
| Pembina Pipeline Corporation | PPL CN | 3.2% | Oil, Gas & Consumable Fuels | Canada |
| Swisscom AG | SCMN SW | 3.2% | Diversified Telecommunication Services | Switzerland |
| TC Energy Corporation | TRP CN | 3.2% | Oil, Gas & Consumable Fuels | Canada |
| Telefonica, S.A. | TEF SM | 3.2% | Diversified Telecommunication Services | Spain |
| Telenor ASA | TEL NO | 3.2% | Diversified Telecommunication Services | Norway |
| Avangrid, Inc. | AGR US | 3.1% | Electric Utilities | United States |
| ENGIE S.A. | ENGI FP | 3.1% | Multi-Utilities | France |
| Veolia Environnement S.A. | VIE FP | 3.1% | Multi-Utilities | France |
| Dominion Energy, Inc. | D US | 2.6% | Multi-Utilities | United States |
| Cash and other assets and liabilities | 1.5% | |||
| Harvest Canadian T-Bill ETF | TBIL CN | 1.0% | Cash Equivalents | Canada |
| Foreign currency forwards | (0.2)% | |||
| Market value of options | (0.5)% |
Annualized Performance
As at November 30, 2024
| Ticker | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 4Y | SI |
|---|---|---|---|---|---|---|---|---|---|
| HUTL | 3.36 | 5.96 | 12.33 | 19.68 | 20.19 | 9.30 | 7.16 | 8.02 | 5.87 |
Calendar Year Performance †
As at November 30, 2024
| Ticker | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| HUTL | 2.16 | (4.44) | 16.37 | (10.92) | 15.57 |
Cumulative Market Price#
(Monthly Distribution: $0.1216)
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)
.
| Document | Language | Type | |
|---|---|---|---|
| Product Sheet | English | French | Fund Documents |
| ETF Facts | English | French | Regulatory |
| Prospectus | English | French | Regulatory |
| ETF Products Booklet | English | French | Information Materials |
| Covered Call Writing | English | French | Information Materials |
| MER Summary | English | French | Information Materials |
| 2024 Interim Financial Statements | English | French | Statements/MRFPs |
| 2024 Interim Management Report of Fund Performance | English | French | Statements/MRFPs |
| 2024 Quarterly Summary - Q3 | English | - | Portfolio Disclosure |
| 2024 Quarterly Summary - Q1 | English | - | Portfolio Disclosure |
| 2023 Annual Distributions Summary | English | - | Information Materials |
| PFIC Annual Information Statement | English | - | Information Statement |
| IRS Form 8937 | English | - | Tax Form |
| Proxy Voting Policy | English | - | Proxy Voting |
| Proxy Voting Records | English | - | 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
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Key ETF Details
As at November 29, 2024
| ETF Details | Unit |
|---|---|
| TSX Code | HUTL |
| CUSIP | 41754C105 |
| Currency | CAD-Hedged |
| Inception Date | 2019/01/07 |
| Management Style | Rules-Based with Covered Calls |
| Eligible | RRSP | RRIF | RESP | TFSA | FHSA |
| Management Fee | 0.50% |
| Risk Rating |  |
| Distribution Facts | Unit |
| Last Cash Distribution Per Unit | CA$0.1216 |
| Last Record Date | 2024/11/29 |
| Cash Distributions Since Inception** | CA$8.0704 |
| Cash Distribution Frequency | Monthly |
| Distribution Method | Cash or DRIP |
| Annual Distributions Summary | PDF View |
Relevant Insights
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.