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Bullboard - Stock Discussion Forum Hamilton Canadian Financials Yield Maximizer ETF T.HMAX

Alternate Symbol(s):  HFMXF

The Hamilton Canadian Financials Yield Maximizer ETF is designed to provide higher monthly income from Canadas 10 largest financial services companies while employing an active covered call strategy. The investment objective of HMAX is to deliver attractive monthly income, while providing exposure to a market cap-weighted portfolio of Canadian financial services equity securities. To supplement... see more

Bullboard (TSX:HMAX)

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(10)
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  • Investability00X
Post by Investability00on Jul 15, 2024 1:26pm

Friday's NAV

Was $13.69 and the pice was $13.68 . A one cent discount.
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(10)
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  • Investability00X
Post by Investability00on Jul 15, 2024 1:19pm

The NAV and price are going up together.

I'm wondering if the next distribution will go up a bit with it, for next month. I bought when the price was down, so this was a good purchase, with capital up and a good distribution too.
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(4)
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  • Allah_says_BUYX
Comment by Allah_says_BUYon Jul 10, 2024 8:32pm

RE:RE:Slight Raise

T is the date of the trade. The numbers are the days allowed to settle the trade. If you bought a stock on Monday then: T1 means you must have the money to pay for it by end of day Tuesday. T2 by end ...more  
Comment by Chirishon Jul 08, 2024 10:45pm

RE:Slight Raise

I am lost on the T1, T2,, T3 do you mind explaining 
Comment by 1condoron May 29, 2024 6:33pm

RE:Slight Raise

Banks sure took it on the chin today. Not often you see this ETF down over 2 percent in one day.
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(13)
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  • King-of-KingsX
Post by King-of-Kingson May 25, 2024 2:10pm

Slight Raise

May Divided upper slightly to $0.1715 from $1710.  Also remember, starting this Monday, T+3 is changing to T+1. Hopefully one day we'll be heading to T+0. There is no need for  such a ...more  
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(13)
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  • King-of-KingsX
Post by King-of-Kingson Apr 25, 2024 4:00am

April Distribution HMAX

Well, this months the Dividend/Distrbution for HMAX went down a little from $0.1731 to $0.1710.... not a big deal.That's a yield of 14.92% based on today's close of $13.75/Share. 
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(13)
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  • King-of-KingsX
Post by King-of-Kingson Apr 06, 2024 5:06pm

Dividends UP

I'm sure you all noticed the slight extra dividends we received on April 5. Up from $0.1730 to $0.1731 per shares. Hope they keep maintaining this level as it's a pretty decent income for us ...more  
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(13)
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  • King-of-KingsX
Comment by King-of-Kingson Mar 22, 2024 2:41pm

RE:RE:Feb Distributions for HMAX

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 ...more  
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(4)
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  • Allah_says_BUYX
Comment by Allah_says_BUYon Mar 01, 2024 11:02pm

RE:Feb Distributions for HMAX

Do they ever explain why the montly dividend keeps dropping?
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(13)
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  • King-of-KingsX
Post by King-of-Kingson Feb 23, 2024 12:19am

Feb Distributions for HMAX

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 ...more  
Comment by Chirishon Dec 28, 2023 1:10pm

RE:RE:HMAX DIVIDEND YIELD

It will be a nice new years payday!
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(74)
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  • ANALOG GUYX
Comment by ANALOG GUYon Dec 20, 2023 5:37pm

RE:HMAX DIVIDEND YIELD

Xdivi Dec 28 .1745 paid Jan 8
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(5)
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  • buyoilnowX
Post by buyoilnowon Nov 30, 2023 12:34pm

HMAX DIVIDEND YIELD

WOWZER - HMAX still rallying after x-dividend date is a no brainer sign to buy buy buy!
Comment by 1condoron Nov 27, 2023 11:12am

RE:RE:October Dividend

As I expected another cut to the divy. Now 0.1745 per month. UMAX also got cut a bit. Not a winning strategy.
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