Annualized Distribution Yield The most recent regular distribution (excluding additional year end distributions) annualized for frequency, divided by current NAV
As at April 30, 2024
2.85%
HMP offers investors an attractive risk/return profile with a potentially low risk of default as well as attractive yields (generally higher than federal and provincial bonds), by primarily investing in a portfolio of Canadian municipal bonds denominated in Canadian dollars.
By focusing on Canadian municipal bonds that have a lower-risk profile compared to investment-grade corporate bonds, HMP offers exposure to a stable and reliable asset class known for its relatively low default rates and tax advantages for Canadian investors.
Sub-Advisor Fiera Capital uses independent credit analysis to select issuers high in quality and yield, as well as allocation flexibility to tactically manage the non-rated risk of the portfolio.
NAV
$9.32
$0.0067
0.07%
Volume Real-time volume on the Toronto Stock Exchange only
4,500
Price
$9.30
$-0.04
-0.43%
Last Close
$9.34
Annualized Distribution Yield The most recent regular distribution (excluding additional year end distributions) annualized for frequency, divided by current NAV
2.85%
Prices delayed by 15 minutes.
Last Trade: May 7, 2024Risk Rating: Risk Rating is based on how much the ETF's returns have changed from year to year. It doesn't tell you how volatile the ETF will be in the future. The rating can change overtime. An ETF with a low risk rating can still lose money.
Low
Ticker
HMP
CUSIP
37893A109
Inception Date
August 12, 2015
Net Assets The value of all assets, less the value of all liabilities, at a particular point in time. (Includes all classes of this ETF)
$31,351,449
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
24,144
Average Daily Trading Volume Over a 12 Month Period The ETF’s aggregate average daily trading volume over a 12 month period traded on all Canadian exchanges
35,342
Exchange
Toronto Stock Exchange
Investment Manager
Global X Investments Canada Inc.
Sub-Advisor
Fiera Capital Corporation
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.29% (Plus applicable sales tax)
Management Expense Ratio Management expense ratio (“MER”) is based on total expenses, including sales tax, (excluding commissions and other portfolio transaction costs) for the stated period for each ETF and is expressed as an annualized percentage of each ETF’s daily average net asset value during the period. Out of its management fees, the Manager pays for such services to the ETF as investment manager compensation, service fees and marketing.
0.35% As at December 31, 2023
Trading Expense Ratio The trading expense ratio (“TER”) represents total commissions and other portfolio transaction costs incurred by each ETF expressed as an annualized percentage of each ETF’s daily average net asset value during the period.
0.00% As at December 31, 2023
Currency
CAD
Currency Hedging
N/A
LEI The LEI is the Legal Entity Identifier, which is an identification code under international standards for the accurate identification of legal entities like the ETF.
549300FWSOE7HLKFR449
As at April 30, 2024
Most Recent Distributions per Unit
$0.02200
Annualized Distribution Yield
2.85%
12-Month Trailing Yield The yield an investor would have received if they had held the ETF over the last twelve months stated as a percentage of the net asset value per unit on the last business day of the most recent month end
2.99%
Distribution Frequency
Monthly
Record Date
April 30, 2024
As at May 6, 2024
NAV / Unit
$9.32
Price
$9.30
Premium Discount
$0.01
Premium Discount Percentage
0.11%
Outstanding Shares
3,386,134
As at March 28, 2024
Weighted Average Duration
2.80
Weighted Average Coupon
3.07
Weighted Average Yield to Maturity
4.52
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
|
dates |
1 mo | 3 mo | 6 mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR* |
|---|---|---|---|---|---|---|---|---|---|
| Global X Active Canadian Municipal Bond ETF | -0.46 | 0.09 | 3.45 | -0.23 | 2.61 | 0.06 | 1.27 | - | 1.48 |
*Fund performance since inception on August 12, 2015, as at April 30, 2024
|
dates |
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Global X Active Canadian Municipal Bond ETF | 1.18 | 0.86 | 2.18 | 3.15 | 5.56 | -1.01 | -4.20 | 5.34 |
| Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Distribution Period |
|---|---|---|---|---|
| April 29, 2024 | April 30, 2024 | May 7, 2024 | 0.02200 | Monthly |
| March 27, 2024 | March 28, 2024 | April 5, 2024 | 0.02100 | Monthly |
| February 28, 2024 | February 29, 2024 | March 7, 2024 | 0.02100 | Monthly |
| January 30, 2024 | January 31, 2024 | February 7, 2024 | 0.02100 | Monthly |
As at March 28, 2024
Category
Weight
Municipal
70.81%
Provincial
28.96%
Cash & Equivalents
0.22%
Holdings are subject to change.
As at March 28, 2024
Category
Weight
AAA
1.16%
AA
6.26%
A+
28.69%
Unrated
63.89%
Holdings are subject to change.
As at March 31, 2024
Security Name
Weight
Ontario Province 3.40% 08-Sep-2028
15.03%
Ontario Province 3.60% 08-Mar-2028
6.81%
Montreal City 3.00% 01-Sep-2027
6.26%
Ontario Province 2.60% 02-Jun-2027
5.62%
Longueuil City 3.80% 03-May-2027
2.91%
Boisbriand City 0.95% 20-Oct-2025
2.08%
Saint-Felix-De-Valois Muncplty 3.30% 22-Apr-2026
1.84%
Levis City 3.00% 02-Jun-2025
1.83%
Victoriaville City 1.30% 17-Jun-2025
1.83%
Sainte-Therese City 4.00% 19-Aug-2027
1.73%
Holdings are subject to change.