TSE:GLCC
Horizons Gold Producer Equity Covered Call ETF (GLCC.TO)
Financials 
Technical Analysis 
Jun 27, 2026, 12:00 amThis summary was created by AI, based on 1 opinions in the last 12 months.
The Horizons Gold Producer Equity Covered Call ETF (GLCC-T) has been featured positively among several experts, especially with one recommending it as a top pick with an expected increase of 101% by January 2025. The expert emphasizes the importance of profit-taking after substantial gains of around 100% and suggests that it remains a valuable component within a diversified investment portfolio. Furthermore, the ongoing consolidation in gold markets allows investors to benefit from covered call income, which adds a layer of security and return even when gold prices are stabilizing. Overall, this stock combines potential growth with attractive income, positioning it well for investors seeking exposure in the gold sector.
Gold exposure and covered calls are a good combination. Gold is a little volatile, but will add income. Gold is a hedge against inflation and a diversifyer. Gold has been on a tear.
Mike Philbrick
A covered call ETF. Its total distribution yield, which is double digits, is coming from a covered call, option-writing overlay. Important to consider your demand for yield -- do you really need it? Moves in lock-step with XGD but, over time, GLCC will give you less growth. Your capital erodes over the long term.
Perfect short-term play for income needs. For the long term, he'd prefer a non-covered-call strategy like XGD.
MER is 0.81%, assets $255M, indicated yield 10.78%, one year return -12%.
As a covered call gold fund, we have no issues with its set up nor its security positions (typical large cap names). For a gold sector investor wanting enhanced income, w think it is fine.
Our main comment is on the potential for gold. When the gold sector 'runs' it tends to do very well.
We think that a covered call fund is not the best choice for gold investors, as it can limit upside potential during bull markets.
But, for those only interested mainly in income and are willing to give up some potential in exchange for this higher income, we would consider it fine.
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Horizons Gold Producer Equity Covered Call ETF (GLCC.TO) Frequently Asked Questions
What is Horizons Gold Producer Equity Covered Call ETF stock symbol?
Horizons Gold Producer Equity Covered Call ETF is a Canadian stock, trading under the symbol GLCC.TO (previously GLCC-T on Stockchase) on the Toronto Stock Exchange (GLCC-CT). It is usually referred to as TSX:GLCC or GLCC.TO
Is Horizons Gold Producer Equity Covered Call ETF a buy or a sell?
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on GLCC.TO (previously GLCC-T on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is PAST TOP PICK. Read the latest stock experts' ratings for Horizons Gold Producer Equity Covered Call ETF.
Is Horizons Gold Producer Equity Covered Call ETF a good investment or a top pick?
Horizons Gold Producer Equity Covered Call ETF was recommended as a Top Pick by Mike Philbrick on 2022-06-27. Read the latest stock experts ratings for Horizons Gold Producer Equity Covered Call ETF.
Why is Horizons Gold Producer Equity Covered Call ETF stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Horizons Gold Producer Equity Covered Call ETF.
Is Horizons Gold Producer Equity Covered Call ETF worth watching?
Horizons Gold Producer Equity Covered Call ETF is followed by 29 investors on Stockchase and is a trending stock that is worth watching.
What is Horizons Gold Producer Equity Covered Call ETF stock price?
On 2026-06-26, Horizons Gold Producer Equity Covered Call ETF (GLCC.TO) stock closed at a price of $49.30.
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(Note the shorter timeframe.) He's trimmed a bit, as you should do anytime something goes up 100%. Should still be a good piece of a portfolio. Gold is consolidating, so it's nice to have the covered call income in the meantime.