Horizons Equal Weight Canadian Bank Covered Call ETF (TSX: BKCC)
Canada
· Delayed Price · Currency is CAD | Assets | 148.00M |
| Expense Ratio | 1.05% |
| PE Ratio | 13.09 |
| Dividend (ttm) | 1.75 |
| Dividend Yield | 12.38% |
| Ex-Dividend Date | Apr 29, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | 162.49% |
| 1-Year Return | -4.49% |
| Volume | 3,630 |
| Open | 14.14 |
| Previous Close | 14.10 |
| Day's Range | 14.11 - 14.14 |
| 52-Week Low | 12.64 |
| 52-Week High | 15.11 |
| Beta | 1.07 |
| Holdings | 23 |
| Inception Date | May 16, 2011 |
About BKCC
The fund provides exposure to an equal-weighted index that invests in stocks of Canadian banks. These banks must be primarily listed on the TSX and are classified by FactSet Industries as Major Banks or Regional Banks. To be eligible for inclusion, companies should meet instability and liquidity requirements. The underlying index rebalances semi-annually in March and September. The fund may hold constituent securities of the underlying index or may opt to invest in ETFs. The fund utilizes a covered call option strategy that will generally write out of the money call options, on up to approximately 50% of the value of its portfolio. Prior to June 24, 2022, the fund was an actively fund.
Performance
BKCC had a total return of -4.49% in the past year. Since the fund's inception, the average annual return has been -0.31%, including dividends.
Top 10 Holdings
100.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Horizons Equal Weight Banks Idx ETF | HBNK.TO | 44.95% |
| National Bank of Canada | NA | 9.45% |
| Royal Bank of Canada | RY | 9.27% |
| The Toronto-Dominion Bank | TD | 9.26% |
| Bank of Montreal | BMO | 9.05% |
| Canadian Imperial Bank of Commerce | CM | 8.86% |
| The Bank of Nova Scotia | BNS | 8.62% |
| Cash | n/a | 0.93% |
| Transaction Fee | n/a | 0.00% |
| Cm,Cn,Call,67,05/17/24,Canadian Imperial Bk Of Com | n/a | -0.00% |
Dividend History
| Ex-Dividend | Amount |
|---|---|
| Apr 29, 2024 | 0.150 CAD |
| Mar 27, 2024 | 0.150 CAD |
| Feb 28, 2024 | 0.150 CAD |
| Jan 30, 2024 | 0.150 CAD |
| Dec 28, 2023 | 0.150 CAD |
| Nov 29, 2023 | 0.150 CAD |