Investor Insights

This summary was created by AI, based on 5 opinions in the last 12 months.

The reviews from different experts suggest that Harvest Premium Yield Treasury ETF (HPYT-T) is a long-dated bond fund that uses covered call strategies to enhance income. However, there are concerns about the high distribution yield, potential for losses in price terms, and the impact of interest rate movements. Overall, it seems to be a suitable option for income seekers, especially if held in a small portion of the portfolio.

Consensus
Mixed
Valuation
Fair Value
COMMENT

A covered call on T-bills. This distribution of 17.21% is suspiciously too high. A few things to consider: you cover-write the bonds here, so you won't capture a bounce in bond prices.

E.T.F.'s
DON'T BUY
17%, too good to be true?

Long US treasuries and writes covered calls to generate income. If you look at the chart, while you've been making 17% in yield, you've lost the equivalent in price terms. You must look at total return. Those that focus on the yield and don't understand the return are doomed to risk. Volatile.

Instead, just hold TLT or ZTL -- US bonds at the long end of the treasury curve -- and don't worry about the yield so much.

E.T.F.'s
WAIT

Long-dated (20-30 years) bond fund, while using leverage and covered call strategies to enhance income. Doesn't perform well when interest rates go up. Must be confident that rate cuts are coming and pretty aggressively to want to own this. That was supposed to be the case, but now it seems that rate cuts will be pushed back a bit.

Won't start to move until yields start to move and rates start to get cut.

E.T.F.'s
HOLD

Portfolio of US treasury bonds. Selling covered calls provides income, but limits upside. Good for dividend investors. MER is a little higher than would prefer. Available in USD version. 

E.T.F.'s
PARTIAL BUY

Covered call bond. Lots of volatility creates excellent yields. Good for income seekers if small portion (diversified). Would recommend for small portion of portfolio. 

E.T.F.'s
RISKY

Extracting yield from volatility in markets. Difficult to judge outcome of stock for average investor. Would recommend small amount in portfolio for average investor. Not good for retirees. 

E.T.F.'s
RISKY

Unsure on direction of Bond yields. If comfortable with 5% yields, a good time to buy. Depends on investor requirements. Good for risk adverse investors. 

E.T.F.'s
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Harvest Premium Yield Treasury ETF(HPYT-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for Harvest Premium Yield Treasury ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Harvest Premium Yield Treasury ETF(HPYT-T) Frequently Asked Questions

What is Harvest Premium Yield Treasury ETF stock symbol?

Harvest Premium Yield Treasury ETF is a Canadian stock, trading under the symbol HPYT-T on the Toronto Stock Exchange (HPYT-CT). It is usually referred to as TSX:HPYT or HPYT-T

Is Harvest Premium Yield Treasury ETF a buy or a sell?

In the last year, 3 stock analysts published opinions about HPYT-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Harvest Premium Yield Treasury ETF.

Is Harvest Premium Yield Treasury ETF a good investment or a top pick?

Harvest Premium Yield Treasury ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Harvest Premium Yield Treasury ETF.

Why is Harvest Premium Yield Treasury 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 Harvest Premium Yield Treasury ETF worth watching?

3 stock analysts on Stockchase covered Harvest Premium Yield Treasury ETF In the last year. It is a trending stock that is worth watching.

What is Harvest Premium Yield Treasury ETF stock price?

On 2024-12-13, Harvest Premium Yield Treasury ETF (HPYT-T) stock closed at a price of $10.105.