All-in-one Covered Call ETF series - HDIF.TO - HARVEST ETF

So, you have decided that generating monthly passive income is for you; however, you're not sure where to start. How do I build my own portfolio? How do I chose which covered call ETFs are best for me? I have good news for you: There are many investment firms that have created all-in-one covered call ETFs. This takes most of the guesswork out of building an investment portfolio. Imagine buying just one fund and being automatically invested in hundreds of companies. 

Harvest Etfs is one such company that has several covered call etfs. In this post, we will focus on their all-in-one etf: HDIF.TO 

The Harvest Diversified Monthly Income ETF (HDIF) is designed to provide investors with high monthly cash distributions and the potential for capital appreciation. It achieves this by investing in a diversified portfolio of high-income ETFs that employ covered call strategies.

Portfolio Holdings:

As of January 31, 2025, HDIF's portfolio includes the following ETFs:

- **Harvest Brand Leaders Plus Income ETF (HBF):** 18.35%
- **Harvest Healthcare Leaders Income ETF (HHL):** 16.88%
- **Harvest Canadian Equity Income Leaders ETF (HLIF):** 16.70%
- **Harvest Equal Weight Global Utilities Income ETF (HUTL):** 16.60%
- **Harvest Tech Achievers Growth & Income ETF (HTA):** 15.86%
- **Harvest Travel & Leisure Income ETF (TRVI):** 14.56%
- **Harvest U.S. Bank Leaders Income ETF (HUBL):** 13.81%
- **Harvest Global REIT Leaders Income ETF (HGR):** 5.89%
- **Harvest Industrial Leaders Income ETF (HIND):** 5.35%

These ETFs collectively provide exposure to various sectors, including financials, technology, healthcare, consumer cyclical, utilities, communication services, industrials, real estate, energy, consumer defensive, and basic materials. 

Current Yield:

As of February 12, 2025, HDIF offers a current yield of approximately 10.02%. This yield is calculated by annualizing the most recent monthly distribution and dividing it by the closing market price of the fund. Please note that the current yield does not represent historical returns but indicates the distribution an investor would receive if the most recent distribution remained unchanged. 

Additional Information:

HDIF's investment strategy focuses on high-quality businesses and high dividend-paying equities, utilizing covered call strategies to enhance income. The fund's net assets are approximately $437.86 million. 

For more info visit Harvest's ETF page: HDIF.TO