Hull Tactical U.S. ETF changes its exposure to the U.S. stock market using quantitative signals and derivatives. Cash and bond collateral can earn interest, while the trading positions determine much of the investment result.
Business
Tactical equity ETF
Listing
HTUS · BATS
Reporting period
2026-04-30
Dividend schedule
Annual
How the business works
Collateral and portfolio income after expenses appear in net investment income. Derivative and equity-market results are separate and can drive variable cash payments and net asset value.
Extras are shown separately and are not assumed to repeat.
Reported earnings
Each measure shown separately, per share
Net investment income$0.23
Nov 1, 2025 to Apr 30, 2026
$0.00$0.23
Distribution yield10.39%Sourced distributions divided by dated market priceReported annual income yield1.49%Reported net investment income $0.6500 per share for 2024-11-01 to 2025-10-31, divided by approved 2025-10-31 market price $43.5450. Excludes capital gains; historical, not a current yield or forecast.Reported annual investment income$0.65Per share for 2025 FY. Excludes investment gains.Trailing 12-month distributions$4.72Recorded recurring payments per share, not a forecast
Dividend payment history
Date or month
Per share
Dec 31, 2025
$4.7209
Reported earnings and sources
Reported earnings for the latest four periods. Compare the same earnings measure across periods; different measures are not added together.
Cash distributions are the total paid per share during each reporting period, including any gains or return of capital. Period lengths may differ, so compare the dates before comparing amounts. Short periods are not annualized.
NAV change excludes distributions. Reported NAV total return includes reinvestment and is copied from the fund statement, not estimated by adding cash distributions to the NAV change.
How to read HTUS income
Changes in asset allocation and realized gains can matter as much as dividends or interest. Net investment income is one part of the picture.
Compare results within the same investment strategy and reporting period. A strategy change can make older figures less useful.
Income and distributions
Income and cash distributions per share for the same dated periods. Shorter periods are kept separate and are not annualized. Changes in asset allocation and realized gains can matter as much as dividends or interest. Net investment income is one part of the picture.
Fund net investment income per common share; actual reporting period, not annualized$0.2300
Total cash distributions in the same period$4.7200
$0.00$4.80
For the six months ended April 30, 2026, HTUS reported $0.23 of net investment income and $4.72 of distributions per share. Net asset value fell from $43.51 to $42.12. The payment greatly exceeded the income line while capital value declined, so the trading result and actual payment components matter more than an income-only comparison.
Portfolio interest and dividends, realized investment results and any derivative activity contribute to distribution resources after expenses. Taxable income and cash distributions can differ from reported net investment income.
The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.
Hull Tactical U.S. ETF reported $0.2300 per share for 2025-11-01 to 2026-04-30, measured as Fund net investment income per common share; actual reporting period, not annualized.
Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.
Income and capital are exposed to equity-market losses, allocation decisions and variable capital-gain distributions.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Payments can change and can include gains or return of capital. A high trailing yield does not establish earnings coverage or total return.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Compare the next like-length trading result and cash paid with changing market exposure, reported payment components and net asset value.
Net asset value (NAV)
NAV per share$45.65Sep 28, 2026Market price$45.73Sep 28, 2026PREMIUM / DISCOUNT TO NAV0.19% premiumCalculated from the displayed same-date values.
NAV is the fund's assets minus liabilities, divided by shares outstanding. All values are USD per share.
HTUS company net assets divided by shares outstanding for per-share NAV, and separately verified BATS closing market price, both dated 2026-09-28. The closing price less calculated NAV agrees with the reported dollar premium within cent rounding. Marketstack exchange code was quarantined and was not used as the price source. Older audited NAV history remains unchanged.
Compare the next like-length trading result and cash paid with changing market exposure, reported payment components and net asset value.
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U.S. federal · Tax year 2025
Dividend tax treatment
Hull's 2025 distribution table shows a mix of ordinary income and long-term capital gains for HTUS.
This company information is a guide, not your personal tax statement. Use your Form 1099-DIV when you file.
Total ordinary dividends
44.81%
Qualified dividends
Not confirmed
Capital-gain distributions
55.19%
Return of capital
0%
Tax year: 2025.
Tax details and source
Total ordinary dividends (includes qualified)
44.81%
Section 199A portion (within ordinary dividends)
Not confirmed
Exempt-interest distributions
0%
Reporting form
Form 1099-DIV
Source date
Not stated
Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.
Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.
