This summary was created by AI, based on 3 opinions in the last 12 months.
The Harvest Premium Yield Treasury ETF (HPYT-T) is a long-dated bond fund that utilizes leverage and covered call strategies to enhance income. However, it is noted to not perform well when interest rates rise, making it reliant on rate cuts. While it is good for income seekers and dividend investors, the fund's performance is contingent on yield movement and rate cuts.
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.
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.
Covered call bond. Lots of volatility creates excellent yields. Good for income seekers if small portion (diversified). Would recommend for small portion of portfolio.
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.
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.
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
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.
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.
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.
3 stock analysts on Stockchase covered Harvest Premium Yield Treasury ETF In the last year. It is a trending stock that is worth watching.
On 2024-12-02, Harvest Premium Yield Treasury ETF (HPYT-T) stock closed at a price of $10.47.
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.