HBDC ETF — Hilton BDC Corporate Bond ETF
Hilton BDC Corporate Bond ETF (HBDC)
Updated October 12, 2026.
HBDC is an ETF. its distribution rate is 5.49%, its trailing-12-month yield is 5.15%, its expense ratio is 0.39%. Dividend Vision Distribution Safety Score™ is 93/100 (Safe). Total return is 3.1% over the past 1.3 years, 28.4 points behind SPY at 31.5%.
HBDC dividend yield and income
Price as of 2026-10-12.
The distribution rate (5.49%) uses calculation basis unavailable. Trailing-12-month yield (5.15%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.1112. The ex-dividend date is 09/29/2026. The payment date is 09/30/2026.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-09-29 | $0.1112 | 12.2% Unclassified cash |
| 2026-08-28 | $0.0991 | -13.5% Unclassified cash |
| 2026-07-30 | $0.1146 | 13.9% Unclassified cash |
| 2026-06-29 | $0.1006 | -5.1% Unclassified cash |
| 2026-05-28 | $0.106 | -2.7% Unclassified cash |
| 2026-04-29 | $0.1089 | -2.3% Unclassified cash |
| 2026-03-30 | $0.1115 | 11.3% Unclassified cash |
| 2026-02-26 | $0.1002 | 25.2% Unclassified cash |
| 2026-01-29 | $0.08 | -38.5% Unclassified cash |
| 2025-12-30 | $0.13 | 59.3% Unclassified cash |
| 2025-11-26 | $0.0816 | -25.4% Unclassified cash |
| 2025-10-30 | $0.1094 | 38.8% Unclassified cash |
| 2025-09-29 | $0.0788 | -10.7% Unclassified cash |
| 2025-08-28 | $0.0882 | -27.6% Unclassified cash |
| 2025-07-30 | $0.1218 | — |
| 2025 total (partial launch year) | $0.6098 | — |
| 2026 YTD total | $0.9321 | — |
HBDC dividend growth
| Window | Change |
|---|---|
| 3Y | 0.0% |
| 5Y | 0.0% |
HBDC holdings and sector exposure
Holdings are not available for this snapshot.
HBDC performance versus SPY
Price and return data through 2026-10-12.
Total return is 3.1% over the past 1.3 years, 28.4 points behind SPY at 31.5%. Its deepest 1-year drawdown was 3.0%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | -0.7% | — |
| 3M | -0.4% | — |
| 6M | 1.5% | — |
| YTD | 0.4% | — |
| 1Y | 2.0% | — |
| Since inception (1.3 years) | 3.1% | 2.30% |
HBDC key facts
- Distribution Safety Score™
- 93 · Safe
- Safety-Adjusted Yield
- 5.11%
- Issuer
- Hilton Capital Management, LLC
- Asset type
- ETF
- Asset subtype
- BDC_DEBT_ETF
- Asset class
- Fixed Income
- Inception date
- 06/10/2025
- Expense ratio
- 0.39%
- Distribution rate
- 5.49%
- Distribution frequency
- Monthly
- Trailing yield
- 5.15%
- Last close
- $24.32 (stale; as of 2026-10-12)
- AUM
- $83,131,114
- Average volume
- 239.0
- Dividend
- $0.1112
- Ex-dividend date
- 09/29/2026
- Payment date
- 09/30/2026
How Dividend Vision calculates yield and returns
Distribution rate (5.49%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (5.15%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
Primary sources: Hilton Capital Management, LLC; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
HBDC risks and drawbacks
Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 3.0%.
Who may consider HBDC — and who may not
HBDC may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
Frequently asked questions
Does HBDC pay monthly?
Yes. HBDC currently pays monthly.
What is HBDC's expense ratio?
HBDC's expense ratio is 0.39%.
What is HBDC's dividend yield?
HBDC's distribution rate is 5.49%, paid monthly, with a 0.39% expense ratio — calculation basis unavailable.
When does HBDC pay a dividend?
HBDC pays monthly. The dividend amount is $0.1112. The ex-dividend date is 09/29/2026. The payment date is 09/30/2026.
How has HBDC performed?
Total return is 3.1% over the past 1.3 years, 28.4 points behind SPY at 31.5%. Its deepest 1-year drawdown was 3.0%.
Is HBDC a good investment?
HBDC's Dividend Vision Distribution Safety Score is 93 (Safe). That is a risk signal, not investment advice. Its distribution rate is 5.49% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.
More securities from Hilton Capital Management, LLC.
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Holdings as-of date unavailable.
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