Horizons NASDAQ-100 Covered Call ETF (TSX: QQCC)
Canada
· Delayed Price · Currency is CAD | Assets | 142.28M |
| Expense Ratio | 1.03% |
| PE Ratio | 10.68 |
| Dividend (ttm) | 1.29 |
| Dividend Yield | 10.43% |
| Ex-Dividend Date | Jun 28, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | 112.82% |
| 1-Year Return | +13.28% |
| Volume | 9,721 |
| Open | 12.21 |
| Previous Close | 12.21 |
| Day's Range | n/a |
| 52-Week Low | 10.28 |
| 52-Week High | 12.37 |
| Beta | 0.77 |
| Holdings | 8 |
| Inception Date | Sep 13, 2011 |
About QQCC
The fund aims to provide exposure to the largest domestic and international non-financial firms listed on NASDAQ through the NASDAQ-100 Index. The funds primary focus is on generating monthly distribution of dividends and call option income in US dollars. It invests in a portfolio of large-cap firms, including ETFs, based on the index. The portfolio is adjusted quarterly by the fund manager in response to market movements. With the goal of managing risk and producing more income, the fund employs a covered call strategy that involves writing call options on up to 50% of its portfolio. This strategy includes investments in Covered Call ETFs, providing a hedge against declines and potentially yielding additional profits. Furthermore, investors should be aware that the funds use of covered call options may limit its potential gains. Prior to June 27, 2022, the fund traded under the name Horizons Enhanced Income International Equity ETF and the symbol HEJ.
Performance
QQCC had a total return of 27.13% in the past year. Since the fund's inception, the average annual return has been -3.62%, including dividends.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Global X Nasdaq-100 ETF | QQQX.TO | 99.85% |
| Cash | n/a | 0.71% |
| Management Fee Rebate | n/a | 0.04% |
| Us Dollar | n/a | 0.00% |
| Transaction Fee | n/a | 0.00% |
| Hst Blended Rate Class E | n/a | -0.01% |
| Management Expense Class E | n/a | -0.05% |
| Option on NASDAQ 100 PR USD | n/a | -0.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 28, 2024 | 0.1075 CAD | Jul 8, 2024 |
| May 31, 2024 | 0.1075 CAD | Jun 7, 2024 |
| Apr 29, 2024 | 0.1075 CAD | May 7, 2024 |
| Mar 27, 2024 | 0.1075 CAD | Apr 5, 2024 |
| Feb 28, 2024 | 0.1075 CAD | Mar 7, 2024 |
| Jan 30, 2024 | 0.1075 CAD | Feb 7, 2024 |