Harvest Canadian Dividend Leaders Income ETF

The fund gave you back some of the money you put in, rather than paying you a profit it earned. You are not taxed on it now. Instead it lowers what the taxman treats as the price you paid, so if you ever sell, your gain is bigger by the same amount. Many high-yield funds pay a lot of this — it is normal, and it is why a big headline yield is not always the same thing as a big profit.

Profits paid out by Canadian companies. Canada taxes these more gently than regular income through the dividend tax credit, so a dollar of eligible dividend is usually worth more to you after tax than a dollar of interest.