Harvest Premium Yield 7-10 Year Treasury ETF (HPYM.TO)

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The Harvest Premium Yield 7-10 Year Treasury ETF (HPYM) is designed to deliver attractive, tax-advantaged monthly income to its investors. This income is generated primarily by employing a covered call strategy, selling call options on potentially all (up to 100%) of its underlying holdings. These holdings consist mainly of U.S. Treasury Exchange-Traded Funds (ETFs) that concentrate on intermediate-term U.S. government bonds, specifically those with average maturities spanning 7 to 10 years. The extent of this option-writing strategy is flexible and may be adjusted based on market volatility and other relevant conditions. A core objective of HPYM is to provide stability through its exposure to U.S. Treasury bonds, which benefit from the robust backing of the United States government's full faith and credit.