Key stats
About HAMILTON US BOND YIELD MAXIMIZER UNITS HEDGED CAD
Home page
Inception date
Sep 14, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Hamilton Capital Partners, Inc.
The fund-of-funds is the first Canadian bond ETF to employ a covered call option writing strategy while investing in US Treasurys of various maturities. The portfolio adviser reviews and invests in US Treasury bond ETFs by considering AUM, liquidity, availability and liquidity of options, distribution yield, and management expense ratio. To mitigate downside risk and generate income, the fund actively manages a covered call strategy that is expected to write at or slightly out-of-the-money call options on up to 100% of the funds portfolio value. The strategy aims to generate attractive option premiums that increase cash flow for distribution and reinvestment, downside protection, and lower overall volatility of returns. The adviser reviews the portfolio on an ongoing basis and has full discretion to make buy, sell, and hold decisions at any time, including increasing or decreasing the percentage of options written. The fund will hedge 100% of its non-Canadian dollar currency exposure.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Mutual fund
Bonds, Cash & Other100.00%
ETF89.98%
Mutual fund10.13%
Cash0.39%
Rights & Warrants−0.51%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HBND invests in funds. The fund's major sectors are ETF, with 89.98% stocks, and Mutual fund, with 10.13% of the basket. The assets are mostly located in the North America region.
HBND top holdings are iShares 20+ Year Treasury Bond ETF and Vanguard Long-Term Treasury ETF, occupying 49.97% and 40.01% of the portfolio correspondingly.
HBND last dividends amounted to 0.13 CAD. The month before, the issuer paid 0.13 CAD in dividends, which shows a 0.78% decrease.
HBND assets under management is 186.78 M CAD. It's risen 1.31% over the last month.
HBND fund flows account for 110.09 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HBND pays dividends to its holders with the dividend yield of 12.03%. The last dividend (May 7, 2025) amounted to 0.13 CAD. The dividends are paid monthly.
HBND shares are issued by Hamilton Capital Partners, Inc. under the brand Hamilton. The ETF was launched on Sep 14, 2023, and its management style is Active.
HBND follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HBND invests in funds.
HBND price has fallen by −3.80% over the last month, and its yearly performance shows a −14.16% decrease. See more dynamics on HBND price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.92% over the last month, showed a −4.32% decrease in three-month performance and has decreased by −4.83% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.92% over the last month, showed a −4.32% decrease in three-month performance and has decreased by −4.83% in a year.
HBND trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.