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Company | Country | Symbol |
---|
Time | Volume | HAB |
---|---|---|
09:32 ET | 100 | 10.21 |
01:31 ET | 2500 | 10.2 |
01:33 ET | 1000 | 10.18 |
03:57 ET | 300 | 10.18 |
Fixed Income | 96.9% |
---|---|
Other | 2.5% |
Cash | 0.6% |
CDN Equity | 0 |
Int'l Equity | 0 |
US Equity | 0 |
No data available |
No data available |
The Morningstar ETF Report offers in-depth analyst research on exchange-traded funds to help you evaluate these investments and how they fit within a portfolio.
Time Horizon | Star Rating |
---|---|
Overall Rating | 4 out of 5 Stars |
3 Year Rating | 3 out of 5 Stars |
5 Year Rating | 3 out of 5 Stars |
10 Year Rating | 4 out of 5 Stars |
Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar Rating) metrics.
Style Box is calculated only using the long position holdings of the portfolio.
Best Fit Index | ICE BofA Canada Corporate TR USD |
---|---|
Category | |
Sponsor | Global X Investments Canada Inc. |
Inception | July 14, 2010 |
The investment objective of HAB is to seek long-term capital growth and generate high income. HAB invests primarily in a portfolio of debt (including debt-like securities) of Canadian and U.S. companies, directly, or indirectly through investments in securities of other investment funds, including Listed Funds (as defined herein). The ETF’s Sub-Advisor uses fundamental credit research to select the securities of companies that, based on the Sub-Advisor’s view on the company’s industry and growth prospects, are believed to offer superior risk adjusted returns relative to passively managed corporate bond indexes. When the Sub-Advisor believes that interest rates will increase, the Sub-Advisor may choose securities with shorter terms and when the Sub-Advisor believes that interest rates will decrease, the SubAdvisor may choose securities with longer terms.
Total Net Assets | $349.4M |
---|---|
Shares Out. | 34.4M |
Net Asset Value (NAV) | $10.18 |
Prem/Discount to NAV | -0.25% |
P/E Ratio | --- |
Dividend Yield | 3.73% |
Dividend per Share | 0.38 CAD |
Ex-Dividend Date | 10/31/2024 |
Dividend Payment Date | 11/7/2024 |
Beta | --- |
Morningstar Investment Style | Canadian Corporate Fixed Income |
Equity Style | --- |
Credit Quality / Duration | Long Duration/Medium Quality |
Actual Management Fee | 0.50% |
---|---|
Actual Mgmt. Expense Ratio (MER) | 0.59% |