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Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV-T)
TSE:HDIV
18.20
0.06
(0.33%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 2 opinions in the last 12 months.
Experts agree that the Hamilton Enhanced Multi-Sector Covered Call ETF, with symbol HDIV-T, provides sustainable dividends derived from underlying securities, with the added enhancement from the options strategy. However, the income generated is variable and dependent on the price of volatility. It is emphasized that understanding the mechanism of this strategy is crucial, and it may not be a long-term, set-and-forget investment. The MER ratio is considered slightly high, and there is potential risk due to leverage. Overall, it is recommended for income-oriented investors as a small portion of their portfolio.
$17.510
No
Covered call option that is food for income oriented investors. MER ratio a little high. Good exposure to Canadian world of index stocks. Leverages product that can present risk. Good on upside, but can be hazardous on downside. Good for small portion of portfolio.
He avoids anything with leverage for his older clients.
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Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV-T) Frequently Asked Questions
What is Hamilton Enhanced Multi-Sector Covered Call ETF stock symbol?
Hamilton Enhanced Multi-Sector Covered Call ETF is a Canadian stock, trading under the symbol HDIV-T on the Toronto Stock Exchange (HDIV-CT). It is usually referred to as TSX:HDIV or HDIV-T
Is Hamilton Enhanced Multi-Sector Covered Call ETF a buy or a sell?
In the last year, 2 stock analysts published opinions about HDIV-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Hamilton Enhanced Multi-Sector Covered Call ETF .
Is Hamilton Enhanced Multi-Sector Covered Call ETF a good investment or a top pick?
Hamilton Enhanced Multi-Sector Covered Call ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Hamilton Enhanced Multi-Sector Covered Call ETF .
Why is Hamilton Enhanced Multi-Sector Covered Call ETF stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Hamilton Enhanced Multi-Sector Covered Call ETF worth watching?
2 stock analysts on Stockchase covered Hamilton Enhanced Multi-Sector Covered Call ETF In the last year. It is a trending stock that is worth watching.
What is Hamilton Enhanced Multi-Sector Covered Call ETF stock price?
On 2024-11-22, Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV-T) stock closed at a price of $18.2.
You get the dividend from the underlying securities, that's for sure. If underlying companies cut dividends, then the dividend will be down.
But the enhancement from the options strategy comes from the price of volatility. There's nothing more volatile than the price of volatility. Extra income generated is variable. Right now, it's pretty attractive. But he'd be lying if he said that there's a strategy where you can get 10-11% forever and ever without change.
Right now, probably sustainable. Not a strategy to just buy, without understanding the mechanism of it, and forget about it. Nothing wrong with it, but the income generated is variable, with the biggest swing factor being the price of volatility. If volatility goes down, the fund can't get as much for the call options.
He uses the BMO versions of these because of the funds he runs for BMO.