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Bullboard - Stock Discussion Forum Hamilton Utilities Yield Maximizer ETF T.UMAX

Alternate Symbol(s):  UMXIF

Bullboard (TSX:UMAX)

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(92)
•••
  • mitochondriaX
Comment by mitochondriaon Nov 14, 2025 9:53am

RE:RE:RE:RE:RE:RE:What?

    but isn't only 50% of the fund highly levered and Hmax has recovered very nicely for me.
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(16)
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  • Aminvestor1234X
Comment by Aminvestor1234on Nov 02, 2025 10:39am

RE:RE:RE:RE:RE:What?

Personally I think UMAX is for people who are seeking income. Don't expect capital gain as well. The hefty dividend is as a result of c/c premiums and return of capital, which means that NAV is ...more  
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(548)
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  • Quintessential1X
Comment by Quintessential1on Sep 24, 2025 8:04am

RE:RE:RE:RE:What?

I am as curious as you about this. For comparison I offer up HMAX which is the same Hamilton brokerage offering only in Financials. Yielding about 1% less and having its payout cut since inception ...more  
Comment by baranjaon Jul 29, 2025 1:19pm

RE:RE:RE:RE:What?

Definately this should be moving up by now, unless I am missing something here. 
Comment by baranjaon Jul 29, 2025 1:14pm

RE:RE:RE:What?

What it she percentage of covered calls sold against the whole portfolio? 50%?  basicaly UMAX shold at least appreciate half of what those underlying stocks grow for, while 15% div comes from ...more  
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(15)
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  • SirlostalotX
Comment by Sirlostaloton Jul 02, 2025 6:53pm

RE:RE:RE:What?

Hello 1condor , I hear you on the CC vs non CC performance , I should know better but still get lured in  by the massive distribution, I guess I'm always hoping this time will be different ...more  
Comment by 1condoron Jul 02, 2025 4:45pm

RE:RE:What?

Sirlostalot...expect very little if any capital appreciation out of this ETF. This is not what these covered calls are designed to do. In fact over time the SP will very likely erode with the payout ...more  
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(15)
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  • SirlostalotX
Comment by Sirlostaloton Jul 02, 2025 7:44am

RE:What?

Hello Patroller, think 30th would have been the first day Umax trades without the dividend, my Investorline account does the same every month, from there would just be market action bring it up or ...more  
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(9)
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  • PatrollerX
Post by Patrolleron Jun 30, 2025 9:42am

What?

closed at 13.555 on friday opened this morning at  13.44 and is down 11 but at 13.41 and up .01c. What gives?
Comment by 1condoron Apr 04, 2025 2:05pm

RE:A STEADIE EDDIE,,,,,,,,,,,,,,,,,,,,,,,,,,

A decent place to hide from the storm. Telco's and some reits also good for taking cover. Getting very ugly out there today in market land.
Post by Red_Deeron Apr 03, 2025 11:27pm

A STEADIE EDDIE,,,,,,,,,,,,,,,,,,,,,,,,,,

NICE to SEE How WELL QMAX Absorbed the MASSIVE CARNAGE ToDay eh !!!! $13.78 -0.025 |  -0.18% Bid:  13.76 x 1,200 Ask:  13.78 x 1,000 ...more  
Post by Boreas7on Mar 22, 2025 5:56pm

Divi

What about the dividend announcement?
Post by Red_Deeron Mar 20, 2025 10:58pm

RE:Bought

UpDate ???? Post by Toppicks1on Mar 14, 2025 10:48am 33 Views  Post# 36493512 Bought A position in this.... I like how it has been trading through ...more  
Comment by Toppicks1on Mar 14, 2025 9:02pm

RE:RE:Bought

I really liked how it handled the like 1400 point drop Monday Tuesday like maybe lost a10 or 12 cents....hefty divi and a little immunity .... pretty nice.....
Comment by Golfermanon Mar 14, 2025 5:16pm

RE:Bought

Yes, I bought yesterday. It appears that the low has been reached at $13.66, and it has been consolidating steadily around that level.