About Harvest High Income Shares ETF
Harvest High Income Shares ETF (HHIS.TO) is a covered call etf listed on the Toronto Stock Exchange (TSX). It is managed by Harvest and falls within the broad market sector of the Canadian income ETF landscape.
Harvest High Income Shares ETF uses a covered call option writing strategy on its underlying holdings. The fund sells call options against positions it owns, collecting option premiums that are then distributed to unitholders as income. This approach typically generates higher current income than holding the underlying stocks directly, though it may limit participation in significant upside moves. Distributions from covered call ETFs tend to be variable from month to month, as option premiums fluctuate with market volatility.
HHIS pays distributions monthly — 12 times per year. Monthly distributions are popular among Canadian income investors because they align with regular monthly expenses and make income planning straightforward.
Based on recent distributions, HHIS has paid approximately $0.0500 per unit per monthly payment. At this rate, the annualized distribution would be approximately $0.6000 per unit. Distributions may change over time based on market conditions, portfolio performance, and the fund manager’s decisions. Past distribution amounts are not a guarantee of future payments.
HHIS provides broad market exposure, holding a diversified mix of stocks or funds across multiple sectors. This diversification can help smooth out sector-specific volatility and provide more stable overall performance.
Harvest High Income Shares ETF is managed by Harvest Portfolios Group, a Canadian investment firm that specializes in covered call and enhanced income ETFs. Harvest has built a broad lineup of income-focused products listed on the TSX, making them one of the more prominent providers in the Canadian income ETF space.
Canadian dividend investors who hold HHIS can use EarnedWhileYouSlept to track their income from this and other holdings. The app auto-fills distribution data for HHIS.TO, calculates projected annual income, and shows which of your real expenses are covered by your passive income. Whether HHIS is a core holding or a satellite position, tracking its contribution to your overall income picture helps you see your progress toward financial independence.