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Harvest Premium Yield Treasury ETF T.HPYT

Alternate Symbol(s):  T.HPYT.U | T.HPYT.B

Harvest Premium Yield Treasury ETF is an exchange traded fund launched and managed by Harvest Portfolios Group Inc. The fund invests in fixed income markets of the United States. The fund invests in other funds and through derivatives in U.S. treasury bonds with average durations greater than 10 years and uses derivatives such as options to create its portfolio. The fund seeks to track the performance of its portfolio against a composite index comprising of 50% of the Solactive 10-Year U.S. Treasury Future Index and 50% of the Solactive 20+ Year US Treasury Bond Index. Harvest Premium Yield Treasury ETF was formed on September 28, 2023 and is domiciled in Canada.


TSX:HPYT - Post by User

Post by deisman03on Dec 14, 2024 12:33am
297 Views
Post# 36362164

Just look at the chart.

Just look at the chart. Sept 28/23 - $12.05

Dec 13/24 - $10.11
---------------------------
                  -$1.94

$1.94/15 = $.1293

Not a good looking chart. 

This thing can't afford to pay the distribution. It falls by the same amount, plus handling fees, on average for every month since the IPO. 

Dead money for the most part, with a bit of principal loss. 

This is not a "low risk" investment. 

Your money is dead at best. If this is what your broker is pushing at you, find another broker or open an GIC. 

GLTA the good folks here
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