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HEB

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    22.4292$
  • Previous Close
    22.5753$
  • 52 Week Change
    --
  • Day Range
    -0.15$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

HEB.TO refers to the Horizons Enhanced Canadian High Dividend ETF. It's a Canadian-listed exchange-traded fund that aims to provide investors with exposure to a portfolio of high-dividend-paying Canadian equities, while also employing a covered call strategy to enhance income. This strategy involves selling call options on the underlying holdings, which generates additional income but can limit potential upside gains.
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Factors

Fund Holdings Performance: HEB.TO's price directly reflects the aggregate performance of the underlying high-yield bonds it holds.

Interest Rate Movements: Rising interest rates typically decrease bond values, negatively impacting HEB.TO's price. Conversely, falling rates can increase its value.

Credit Spreads: Widening credit spreads (the difference between high-yield and risk-free bond yields) indicate increased risk aversion, lowering HEB.TO's price. Narrowing spreads suggest improving credit conditions, potentially raising its price.

Supply and Demand: High demand for HEB.TO can drive up its price, while increased selling pressure can lower it.

Market Sentiment: Overall market optimism or pessimism toward high-yield bonds influences HEB.TO's price.

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