Key stats
About HARVEST PREMIUM YIELD TREASURY ETF UNIT CL A
Home page
Inception date
Sep 28, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Harvest Portfolios Group, Inc.
The fund-of-funds aims to provide high monthly cash distributions by investing mainly in longer-dated US Treasury bonds listed on North American exchanges. The fund writes covered call options on up to 100% of the portfolio securities, which may vary depending on market volatility and other factors. The fund believes option writing has the potential to add value and an effective way to manage volatility and potentially improve returns. The portfolio comprise of primarily longer-dated US Treasury bonds, selected with consideration to diversification, duration, and option liquidity. While the fund targets bond funds with average durations of more than 10 years, it may invest in funds with duration less than the target, if determined as beneficial for the overall portfolio. As an actively managed ETF, the fund manager has full discretion to make any investment decision at their discretion.
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HPYT trades at 8.92 CAD today, its price has fallen −0.45% in the past 24 hours. Track more dynamics on HPYT price chart.
HPYT net asset value is 8.87 today — it's fallen 1.84% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HPYT assets under management is 547.01 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HPYT price has fallen by −4.74% over the last month, and its yearly performance shows a −19.28% decrease. See more dynamics on HPYT price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.84% over the last month, showed a −3.89% decrease in three-month performance and has decreased by −4.38% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.84% over the last month, showed a −3.89% decrease in three-month performance and has decreased by −4.38% in a year.
HPYT fund flows account for 347.91 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HPYT invests in funds. See more details in our Analysis section.
HPYT expense ratio is 1.23%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HPYT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HPYT technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HPYT shows the strong sell signal. See more of HPYT technicals for a more comprehensive analysis.
Today, HPYT technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HPYT shows the strong sell signal. See more of HPYT technicals for a more comprehensive analysis.
Yes, HPYT pays dividends to its holders with the dividend yield of 20.27%.
HPYT trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HPYT shares are issued by Harvest Portfolios Group, Inc.
HPYT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 28, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.