Hamilton Technology YIELD MAXIMIZER (TM) ETF (TSX: QMAX)
Canada
· Delayed Price · Currency is CAD | Assets | 324.44M |
| Expense Ratio | n/a |
| PE Ratio | 37.32 |
| Dividend (ttm) | 2.10 |
| Dividend Yield | 9.71% |
| Ex-Dividend Date | Jun 28, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | 367.88% |
| 1-Year Return | n/a |
| Volume | 16,476 |
| Open | 21.29 |
| Previous Close | 21.35 |
| Day's Range | n/a |
| 52-Week Low | 15.69 |
| 52-Week High | 21.66 |
| Beta | n/a |
| Holdings | 33 |
| Inception Date | Oct 25, 2023 |
About QMAX
The fund seeks to deliver attractive monthly income by holding an equal-weighted portfolio of large-cap US technology companies with a covered call option writing program. Since the fund is actively managed, the fund adviser has full discretion to make adjustments to the portfolio, which is rebalanced at least semi-annually. The fund also utilizes a covered call strategy, which allows the fund to mitigate downside risk and generate income. It generally writes at or slightly out-of-the-money call options with a term of less than two months on up to 100% of the portfolio value. Call options sold by the fund may either be exchange-traded or over-the-counter. Although it provides hedging protection and generates premiums, the use of a covered call strategy may cap the fund's potential gains. Additionally, the fund may hold cash equivalents or money market instruments to meet its obligations.
Top 10 Holdings
72.00% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 8.09% |
| QUALCOMM Incorporated | QCOM | 7.92% |
| Alphabet Inc. | GOOGL | 7.53% |
| Apple Inc | AAPL | 7.23% |
| Broadcom Inc. | AVGO | 7.08% |
| Applied Materials, Inc. | AMAT | 7.08% |
| Tesla, Inc. | TSLA | 6.94% |
| Netflix, Inc. | NFLX | 6.87% |
| Amazon.com, Inc. | AMZN | 6.67% |
| Microsoft Corporation | MSFT | 6.60% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 28, 2024 | $0.2025 | Jul 8, 2024 |
| May 31, 2024 | $0.205 | Jun 7, 2024 |
| Apr 29, 2024 | $0.200 | May 7, 2024 |
| Mar 27, 2024 | $0.193 | Apr 5, 2024 |
| Feb 28, 2024 | $0.190 | Mar 7, 2024 |
| Jan 30, 2024 | $0.185 | Feb 9, 2024 |