Hamilton Canadian Financials Yield Maximizer ETF T.HMAX

Feb Distributions for HMAX

[King-of-Kings]

Looks like they just adjusted the monthly distribution down from $0.1746 to $0.1730 (-0.91%)

Still, pretty good yield of  14.87% on today's share price price of $13,96...

I like that the sjare price is starting to go up finally, and I hope it keeps going up. My average is $14.23

[Allah_says_BUY]

Do they ever explain why the montly dividend keeps dropping?

[King-of-Kings]

Their target return is 13%. Currently, they are generating more than 14%. The fund is relatively new, and as they gather more data and more experience, they are making continuous adjustments until they are confident in their strategy. I noticed from the T5 they sent, that there was a little bit of return of capital portion reported. They normally rely on return of capital to achieve their 13