HMAX — Hamilton Canadian Financials Yield Maximizer ETF

Filing-backed earned vs paid. Not a yield screener and not a buy/sell rating.

Fully covered when bank price gains count. Filing-period total return +27.14% (Hamilton, distributions reinvested).

Launch year: 2023 · Jan 20
Dist. coverage (2025 accrual): Covered
Filing-period total return: +27.14% (Hamilton calendar 2025, dist. reinvested)
Cash return (approx.): +24.9% (approx., cash not reinvested; not issuer MRFP total return)
Earned: $385.4 million
Distributed: $198.1 million
Market price: $17.71
Last distribution: $0.169 · Aug 2026
Dist. yield (approx.): +11.5% (approx., $0.169 per month annualized ÷ $17.71 price)
CoverCall 2026 YTD: +16.6%
AUM: $1.95B

Open in the table Issuer page Source filing

What this fund is

Canadian banks with a covered-call overlay for monthly income.

How profit showed up

Bank prices had a strong 2024. Unrealized gains are period profit.

Other Hamilton funds

Figures from public issuer filings for a stated period. Tape fields are the latest exchange last (TSX or US), not a licensed live NAV feed. Confirm against the issuer’s documents. Not investment advice.