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Hamilton U.S. Bond YIELD MAXIMIZER TM ETF (HBND)
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Harvest Premium Yield Treasury ETF (HPYT)
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Hamilton U.S. T-Bill YIELD MAXIMIZER TM ETF (HBIL)
Q: I purchased these with a view to moving away from equities. I am retired and interested in dividend income. While capital appreciation would be nice, ensuring limited capital losses is more critical. I'm getting a healthy monthly income from all 3 but based on recent adjustment by RBC Direct it seems some of that is ROC ... so it's an inflated dividend percentage as it is clear capital is eroding. Seems like I may have made a mistake ... down about 7% as I sit today since I purchased. When you consider ROC I'm down over 10% on my original purchase price. Not the end of the world, but what is it going to take to get the share price moving back up for these 3? Would you continue to hold ?
5i Research Answer:
All three funds have underlying expsoure to US treasury bonds, which of late have been declining...