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UTES.TO Evolve Canadian Utilities Enhanced Yield Index Fund

Issuer
Evolve
Inception
Oct 11, 2024
AUM
C$464.0M
Expense ratio
0.60%
Yield
19.83%
Asset class
Equity
Holdings
0
Last price
C$8.35

The Evolve Canadian Utilities Enhanced Yield Index Fund (Evolve Fund) is established with the goal of providing magnified returns, specifically targeting up to 1.25 times the performance of the Solactive Canada Utility Index (or any subsequent benchmark), prior to accounting for fees and expenses. A core part of its mission is also to safeguard against significant market declines. To achieve these objectives, the fund predominantly allocates its capital to the equity securities that comprise the aforementioned index. Additionally, the Fund's Manager possesses the discretion to employ a covered call option writing strategy. This strategy serves multiple purposes: to boost income, reduce overall risk exposure, and dampen market fluctuations. The intensity of this covered call program will be adjusted dynamically, taking into account factors such as prevailing market volatility and other relevant conditions.

-11.6%
2025-11-13low 7.70 · high 9.862026-11-13

Performance

1M3MYTD1Y3Y ann.5Y ann.
UTES.TO+6.0%-5.6%-7.7%-11.6%-6.1%-3.7%
Equity average (793 funds)+0.2%-0.5%+8.1%+9.8%+11.4%+5.3%

Insider activity in the holdings

Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: +$0 net.

No open-market insider buys in the holdings in the last 90 days.

Holdings · as of Nov 13, 2026

#HoldingWeight
1BCE.TO BCE Inc10.50%
2H.TO Hydro One Ltd10.21%
3TRP.TO TC Energy Corp10.17%
4PPL.TO Pembina Pipeline Corp10.13%
5EMA.TO Emera Inc10.12%
6FTS.TO Fortis Inc/Canada10.11%
7T.TO TELUS Corp10.05%
8RCI-B.TO Rogers Communications Inc9.86%
9ENB.TO Enbridge Inc9.84%
10ALA.TO AltaGas Ltd9.78%
11UTES.TO AltaGas Ltd - CALL Option-0.00%

Sector breakdown

Energy40.1%
Communication Services31.1%
Utilities28.8%

Country breakdown

Canada100.0%

Distributions

DatePer unit
Oct 30, 2026C$0.1380
Sep 29, 2026C$0.1380
Aug 31, 2026C$0.1380
Jul 31, 2026C$0.1380
Jun 30, 2026C$0.1380
May 29, 2026C$0.1380
Apr 30, 2026C$0.1380
Mar 31, 2026C$0.1380
Feb 27, 2026C$0.1380
Jan 30, 2026C$0.1380
Dec 31, 2025C$0.1380
Nov 28, 2025C$0.1380
Oct 31, 2025C$0.1380
Sep 29, 2025C$0.1380
Aug 29, 2025C$0.1380
Jul 31, 2025C$0.1380
Jun 30, 2025C$0.1380
May 30, 2025C$0.1380
Apr 30, 2025C$0.1380
Mar 31, 2025C$0.1380
Feb 28, 2025C$0.1380
Jan 31, 2025C$0.1380
Dec 31, 2024C$0.1380
Nov 29, 2024C$0.1380
Oct 31, 2024C$0.1380
Sep 27, 2024C$0.1380

Members of Congress who disclosed this ETF

No member of Congress has disclosed a trade in UTES.TO in the filings we hold.

Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error