OAKVILLE, Ontario--(BUSINESS WIRE)--Harvest Portfolios Group Inc. (“Harvest”) today announces the estimated annual reinvested distributions for Harvest ETFs for the 2024 tax year.
Please note these are estimated amounts only as of October 31, 2024 and could change due to events that occur between the date of these estimates and the date of the ETFs’ taxation year end. These events may include market movements, portfolio turnover, change in the amount of income earned, and subscriptions or redemptions of units prior to the ex-dividend date.
Each of the Harvest ETFs is required to distribute any income and capital gains that they have earned during the year. The annual distributions will not be paid in cash but will be reinvested and immediately consolidated so that the number of units held by the unitholder, the units outstanding of the ETFs, and the net asset value of the ETFs will not change as a result of the non-cash distributions. The annual distributions will be reported as taxable distributions and result in an increase to each unitholder’s adjusted cost base for the respective ETF. The actual taxable amounts and nature of distributions for the respective ETFs as either income or capital gains will be reported to brokers through CDS Clearing and Depository Services Inc. (“CDS”) in early 2025.
Harvest expects to announce updated estimates of the year-end reinvested distribution amounts on or about December 23, 2024. The ex-dividend date for the 2024 annual reinvested distributions will be December 31, 2024 for all unitholders of record on December 31, 2024.
Details regarding the estimated annual reinvested distribution amounts are below. These amounts do not include any ongoing monthly or quarterly cash distributions which are disclosed separately.
Harvest ETF |
Ticker |
Estimated
|
Estimated
|
Net Asset Value
|
Estimated Reinvested
|
October 31,
|
October 31,
|
||||
Harvest Healthcare Leaders Income ETF |
HHL |
$0.0155 |
$0.0000 |
$8.24 |
0.19% |
Harvest Healthcare Leaders Income ETF (Unhedged) |
HHL.B |
$0.1060 |
$0.0000 |
$9.37 |
1.13% |
Harvest Healthcare Leaders Income ETF (US) |
HHL.U |
$0.1140 |
$0.0000 |
$8.79 |
1.30% |
Harvest Brand Leaders Plus Income ETF |
HBF |
$0.0000 |
$0.0000 |
$9.92 |
0.00% |
Harvest Brand Leaders Plus Income ETF (Unhedged) |
HBF.B |
$0.0000 |
$0.0000 |
$11.39 |
0.00% |
Harvest Brand Leaders Plus Income ETF (US) |
HBF.U |
$0.1128 |
$0.0000 |
$11.30 |
1.00% |
Harvest Tech Achievers Growth & Income ETF |
HTA |
$0.6095 |
$0.0000 |
$18.47 |
3.30% |
Harvest Tech Achievers Growth & Income ETF (Unhedged) |
HTA.B |
$0.0000 |
$0.0000 |
$19.68 |
0.00% |
Harvest Tech Achievers Growth & Income ETF (US) |
HTA.U |
$0.0000 |
$0.0000 |
$20.03 |
0.00% |
Harvest Equal Weight Global Utilities Income ETF |
HUTL |
$0.0000 |
$0.0000 |
$17.55 |
0.00% |
Harvest Global REIT Leaders Income ETF |
HGR |
$0.0000 |
$0.0000 |
$6.26 |
0.00% |
Harvest Energy Leaders Plus Income ETF |
HPF |
$0.0000 |
$0.0000 |
$3.20 |
0.00% |
Harvest Energy Leaders Plus Income ETF (US) |
HPF.U |
$0.0000 |
$0.0000 |
$3.91 |
0.00% |
Harvest US Bank Leaders Income ETF |
HUBL |
$0.0000 |
$0.0000 |
$13.16 |
0.00% |
Harvest US Bank Leaders Income ETF (US) |
HUBL.U |
$0.0000 |
$0.0000 |
$14.76 |
0.00% |
Harvest Global Gold Giants Index ETF |
HGGG |
$0.0000 |
$0.3963 |
$37.16 |
1.07% |
Blockchain Technologies ETF |
HBLK |
$0.0000 |
$0.0000 |
$16.53 |
0.00% |
Harvest Travel & Leisure Index ETF |
TRVL |
$0.0000 |
$0.0788 |
$28.43 |
0.28% |
Harvest Travel & Leisure Index ETF (US) |
TRVL.U |
$0.0000 |
$0.0720 |
$26.09 |
0.28% |
Harvest Clean Energy ETF |
HCLN |
$0.0000 |
$0.0976 |
$8.49 |
1.15% |
Harvest Healthcare Leaders Enhanced Income ETF |
HHLE |
$0.0000 |
$0.0000 |
$10.34 |
0.00% |
Harvest Tech Achievers Enhanced Income ETF |
HTAE |
$1.0239 |
$0.0000 |
$16.74 |
6.12% |
Harvest Equal Weight Global Utilities Enhanced Income ETF |
HUTE |
$0.0000 |
$0.0000 |
$10.48 |
0.00% |
Harvest Diversified Monthly Income ETF |
HDIF |
$0.0000 |
$0.0000 |
$8.69 |
0.00% |
Harvest Canadian Equity Income Leaders ETF |
HLIF |
$0.0000 |
$0.0000 |
$9.47 |
0.00% |
Harvest Diversified Equity Income ETF |
HRIF |
$0.0000 |
$0.0000 |
$16.57 |
0.00% |
Harvest Travel & Leisure Income ETF |
TRVI |
$0.0000 |
$0.0000 |
$20.99 |
0.00% |
Harvest Premium Yield Treasury ETF |
HPYT |
$0.0000 |
$0.0000 |
$10.43 |
0.00% |
Harvest Premium Yield Treasury ETF (Unhedged) |
HPYT.B |
$0.0000 |
$0.0000 |
$10.70 |
0.00% |
Harvest Premium Yield Treasury ETF (US) |
HPYT.U |
$0.0000 |
$0.0000 |
$10.67 |
0.00% |
Harvest Premium Yield 7-10 Year Treasury ETF |
HPYM |
$0.0000 |
$0.0000 |
$11.22 |
0.00% |
Harvest Premium Yield 7-10 Treasury ETF (US) |
HPYM.U |
$0.0000 |
$0.0000 |
$11.30 |
0.00% |
Harvest Canadian T-Bill ETF |
TBIL |
$0.0000 |
$0.0000 |
$50.00 |
0.00% |
Harvest Industrial Leaders Income ETF |
HIND |
$0.0000 |
$0.0000 |
$12.19 |
0.00% |
Harvest Balanced Income & Growth ETF |
HBIG |
$0.0000 |
$0.0000 |
$24.45 |
0.00% |
Harvest Balanced Income & Growth Enhanced ETF |
HBIE |
$0.0000 |
$0.0000 |
$24.51 |
0.00% |
1 |
For Class U units, amounts are in U.S. dollars. All other amounts are in Canadian dollars. |
For additional information: Please visit www.harvestportfolios.com, e-mail info@harvestetfs.com or call toll free 1-866-998-8298.
Harvest ETFs invites you to subscribe to our monthly commentary newsletter. By subscribing through the following link, you will receive timely insights, analyses and perspectives directly to your inbox: https://harvestportfolios.com/subscribe
For media inquiries: Contact Caroline Grimont, VP Marketing at cgrimont@HarvestETFs.com
About Harvest Portfolios Group Inc.
Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing $5.2 billion in assets for Canadian Investors. At Harvest ETFs, we believe that investors can build and preserve wealth through the long-term ownership of high-quality businesses. This fundamental philosophy is at the core of our investment approach across our range of ETFs. Our core offerings center around covered call strategies, available in four variations: Equity, Enhanced, Fixed Income, and Balanced. In August 2024, we launched Harvest High Income Shares ETFs, which are designed to generate high monthly cash distributions and exposure to long-term growth through single-stock ownership.
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You will usually pay brokerage fees to your dealer if you purchase or sell shares of the investment fund on the TSX. If the shares are purchased or sold on the TSX, investors may pay more than the current net asset value when buying shares of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning shares of an investment fund. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Distributions are paid to you in cash unless you request, pursuant to your participation in a distribution reinvestment plan, that they be reinvested into Class A, Class B or Class U units of the Fund. If the Fund earns less than the amounts distributed, the difference is a return of capital. An investment fund must prepare disclosure documents that contain key information about the investment fund. You can find more detailed information about the investment fund in these documents.
