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)
Earned: $385.4 million
Distributed: $198.1 million
NAV: $17.77
Last distribution: $0.169 · Aug 2026
CoverCall 2026 YTD: +16.9%
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.