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All funds Enhanced covered call

UTES Evolve Canadian Utilities Enhanced Yield Index Fund

High monthly income from leading Canadian utilities companies

Last close $8.30 on Nov 10, 2026

Evolve Enhanced covered call 1.25x leverage Monthly

Official fund page on Evolve's site
73of 100
Income Durability Score
#17 of 25 enhanced covered call funds
Short record: 25 months, blended
Yield
20.0%
1-year return
+4.7%
Fee (MER)
0.85%
Worst drop
-12.4%
Liquidity
Very high
219.8K units a day
About $1,824,248 traded
Risk rating
Medium
Rated by Evolve

UTES top 10 holdings

As at Nov 7, 2026, as Evolve published them.

HoldingWeight
TC Energy Corp10.1%
Rogers Communications Inc10.1%
Pembina Pipeline Corp10.1%
Fortis Inc/Canada10.1%
Emera Inc10.1%
Hydro One Ltd10.1%
AltaGas Ltd10.1%
BCE Inc10.1%
Enbridge Inc10.1%
TELUS Corp10.1%

UTES distribution history

Pays monthly. Last paid $0.138 a unit on Oct 30, 2026. $1.66 a unit in cash over the 12 months to then. What would $10,000 of UTES pay? Try the income calculator.

Pay datePer unit
Oct 30, 2026$0.138
Sep 29, 2026$0.138
Aug 31, 2026$0.138
Jul 31, 2026$0.138
Jun 30, 2026$0.138
May 29, 2026$0.138
Apr 30, 2026$0.138
Mar 31, 2026$0.138
Feb 27, 2026$0.138
Jan 30, 2026$0.138
Dec 31, 2025$0.138
Nov 28, 2025$0.138

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Fund vs owning its top 10 stocks

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What drives the score

  • Income 89
  • Capital 52
  • Risk 69
  • Costs 63
  • Diversification 80

Each bar is out of 100. How the score is built.

Similar funds

EMCL 72
Global X · 13.8% yieldHTAE 74
Harvest · 11.7% yieldEACL 75
Global X · 11.5% yieldCNCL 69
Global X · 8.3% yield

Data as of Nov 10, 2026. UTES is shown for information only: this is not a recommendation to buy or sell it.