Harvest Banks & Buildings Income Fund

Historical Distributions

Special Distribution: December 29, 2017

Series A $0.8839  |  Series D $0.6600  |  Series F $1.1842  |  Series R $0.8667

2020

Payable DateDistributions
2020-10-300.070
2020-09-300.070
2020-08-310.070
2020-07-310.070
2020-06-300.070
2020-05-290.070
2020-04-300.070
2020-03-310.070
2020-02-280.070
2020-01-310.070

2019

Payable DateDistributions
2019-12-310.070
2019-11-290.070
2019-10-310.070
2019-09-300.070
2019-08-300.070
2019-07-310.070
2019-06-280.070
2019-05-310.070
2019-04-300.070
2019-03-290.070
2019-02-280.070
2019-01-310.070

2018

Payable DateDistributions
2018-12-310.070
2018-11-300.070
2018-10-310.070
2018-09-280.070
2018-08-310.070
2018-07-310.070
2018-06-290.070
2018-05-310.070
2018-04-300.070
2018-03-290.070
2018-02-280.070
2018-01-310.070

2017

Payable DateDistributions
2017-12-290.070
2017-11-300.070
2017-10-310.070
2017-09-290.070
2017-08-310.070
2017-07-310.070
2017-06-300.070
2017-05-310.070
2017-04-280.070
2017-03-310.070
2017-02-280.070
2017-01-310.070

2016

Payable DateDistributions
2016-12-300.070
2016-11-300.070
2016-10-310.070
2016-09-300.070
2016-08-310.070
2016-07-290.070
2016-06-300.070
2016-05-310.070
2016-04-290.070
2016-03-310.070
2016-02-290.070
2016-01-290.070

2015

Payable DateDistributions
2015-12-310.070
2015-11-300.070
2015-10-300.070
2015-09-300.070
2015-08-310.070
2015-07-310.070
2015-06-300.070
2015-05-290.070
2015-04-300.070
2015-03-310.070
2015-02-270.070
2015-01-300.070

2014

Payable DateDistributions
2014-12-310.070
2014-11-280.070
2014-10-310.070
2014-09-300.070
2014-08-290.070
2014-07-310.070
2014-06-300.070
2014-05-300.070
2014-04-300.070
2014-03-310.070
2014-02-280.070
2014-01-310.070

2013

Payable DateDistributions
2013-12-310.070
2013-11-290.070
2013-10-310.070
2013-09-300.070
2013-08-300.070
2013-07-310.070
2013-06-280.070
2013-05-310.070
2013-04-300.070
2013-03-280.070
2013-02-280.070
2013-01-310.070

2012

Payable DateDistributions
2012-12-310.070
2012-11-300.070
2012-10-310.070
2012-09-280.070
2012-08-310.070
2012-07-310.070
2012-06-290.070
2012-05-310.070
2012-04-300.070
2012-03-300.070
2012-02-290.070
2012-01-310.070

2011

Payable DateDistributions
2011-12-300.070
2011-11-300.070
2011-10-310.070
2011-09-300.070
2011-08-310.070
2011-07-290.070
2011-06-300.070
2011-05-310.070
2011-04-290.030 Special
2011-04-290.070
2011-03-310.070
2011-02-280.070
2011-01-310.070

2010

Payable DateDistributions
2010-12-310.070
2010-11-300.120 Special
2010-11-300.070
2010-10-290.070
2010-09-300.070
2010-08-310.070
2010-07-300.070
2010-06-300.070
2010-05-310.070
2010-04-300.070
2010-03-300.070
2010-02-260.070
2010-01-290.070

2009

Payable DateDistributions
2009-12-310.070
2009-11-300.070

October 30, 2020

Security %
Sun Life Financial Inc. 6.9
The Bank of Nova Scotia 6.7
Royal Bank of Canada 6.5
Bank of Montreal 6.4
Canadian Imperial Bank of Commerce 6.3
Killam Apartment Real Estate Investment Trust 6.0
Manulife Financial Corporation 6.0
The Toronto-Dominion Bank 5.9
SmartCentres Real Estate Investment Trust 5.5
InterRent Real Estate Investment Trust 5.0
Prologis, Inc. 5.0
Allied Properties Real Estate Investment Trust 4.9
Digital Realty Trust, Inc. 4.8
First Capital Real Estate Investment Trust 4.7
Alexandria Real Estate Equities, Inc. 4.5
JPMorgan Chase & Co. 3.6
Morgan Stanley 3.4
Bank of America Corporation 3.3
Timbercreek Financial Corp. 2.6
Cash and other assets and liabilities 2.3

Fund Facts: English

R | French A D F R




Date Code Series NAV $
2020-11-25HRV100A11.0299
2020-11-25HRV102D12.7403
2020-11-25HRV101F13.0534
2020-11-25HRV111R12.2208

Why Invest In This Fund?


The Harvest Banks & Buildings Income Fund aims to provide investors with consistent monthly income and the opportunity for capital appreciation by investing in an actively managed portfolio comprised primarily of Canadian banking, other financial and real estate companies. The Fund’s Investment Objectives are:

  • to provide Unitholders with monthly distributions targeted to be $0.07 per Trust Unit ($0.84 per annum); and
  • to maximize long term total return for Unitholders.

Class R – The Fund was originally launched as a TSX-listed closed-end fund on October 23, 2009. It was receipted of all required regulatory approvals and automatically converted to an open-end mutual fund, on a tax-deferred basis on October 18, 2011.

Fund Quick Facts

October 30, 2020


Fund Codes

 

 

HRV100 Series A   |  HRV102 Series D 

HRV101 Series F  |  HRV111 Series R 

Net AUM $5.9 million
Management Fee 1.10%
Total Holdings 20
Income Distribution Monthly
Recent Distribution $0.07
Distribution Method Reinvested, unless requested in cash
Eligible RRSP/RRIF/RESP/TFSA
Risk Rating Low to Medium

Portfolio Analysis*


Average Market Capitalization (CAD) $68B
Number of Equity Securities 19
Average Dividend Yield 4.91%
Current Yield 8.81%

Top Ten Portfolio Holdings


Security %
Sun Life Financial Inc. 6.9
The Bank of Nova Scotia 6.7
Royal Bank of Canada 6.5
Bank of Montreal 6.4
Canadian Imperial Bank of Commerce 6.3
Killam Apartment Real Estate Investment 6.0
Manulife Financial Corporation 6.0
The Toronto-Dominion Bank 5.9
SmartCentres Real Estate Investment Trust 5.5
InterRent Real Estate Investment Trust 5.0

Investor Documents

Why Invest  Eng | Fr


Quarterly Summary  Eng


Prospectus  Eng | Fr


Fund Facts Series A  Eng | Fr


Fund Facts Series D  Eng | Fr


Fund Facts Series F  Eng | Fr


Fund Facts Series R  Eng | Fr

Portfolio Management

 

 

PAUL MACDONALD, CFAChief Investment Officer

JAMES LEARMONTH, CFASenior Portfolio Manager
MIKE
DRAGOSITS
, CFA
Portfolio Manager

Performance & Price

Historical Prices

Sub-Sector Allocation


Geographic Allocation


Cumulative Growth $10,000 Invested

 (NAV pricing)
Disclaimer

Harvest Banks and Buildings Income Fund

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. * The Fund was originally launched as a TSX-listed closed-end fund on October 23, 2009, and converted into an open-end mutual fund on October 18, 2011.  In connection with the conversion of the Fund into an open-ended mutual fund, the Fund ceased using leverage in order to achieve its investment objectives. If these changes had been in effect when the Fund was created, the performance would have been lower. Indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns.   Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. 100% of distributions are reinvested in the Fund unless you ask to receive your distributions in cash. If the Fund earns less than the amount distributed, the difference is a return of capital. The current yield is calculated based on the net asset value of the Fund.

*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. P/E calculated based on Bloomberg consensus 12 month forward earnings estimates. Return on Equity (ROE) based on 5 year trailing average ROE. The above information is for illustrative purposes only, is estimated and unaudited.

The information contained herein is not an offer to sell nor a solicitation to buy any security. Such an offer can only be made by prospectus or other applicable offering document.

**Filed on SEDAR April 01, 2020 per NI 81-503 Extension of Certain Filing, Delivery and Prospectus Renewal Requirements of Investment Funds.

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