HYLD:CA: This 12.69% Yielding ETF Can Be A Core Income Holding For Canadians

  • HYLD:CA's revamped strategy, with internalized options trading and no management fee, significantly improves its appeal for Canadian income investors. The fund offers consistent monthly distributions, long-term positive total returns, and tax-efficient income, making it a strong core portfolio candidate. HYLD:CA employs a 25% leverage component to enhance yield, while its covered call strategy adapts to market volatility for stable payouts.