Horizons Announces November 2017 Distributions for Certain Active ETFs
TORONTO, Nov. 23, 2017 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") is pleased to announce the distribution amounts per unit (the "Distributions") for certain of the Horizons ETFs family of exchange traded funds (the "ETFs"), for the period ending November 30, 2017, as indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be November 29, 2017, for all unitholders of record on November 30, 2017. The Distributions for units of each ETF will be paid in cash, or if the unitholder has enrolled in the respective ETF's dividend reinvestment plan (DRIP), reinvested in additional units of the applicable ETF, on or about December 12, 2017.
Horizons ETFs has made an additional announcement regarding the November distributions for its family of covered call exchange traded funds in a separate press release.
ETF Name |
Ticker |
Distribution |
Annualized |
Frequency |
Horizons Active Corporate Bond ETF |
HAB |
$0.02769 |
3.08% |
Monthly |
Horizons Active Cdn Bond ETF |
HAD |
$0.02254 |
2.73% |
Monthly |
Horizons Active Global Fixed Income ETF |
HAF |
$0.01791 |
2.67% |
Monthly |
Horizons Active Floating Rate Preferred Share ETF |
HFP |
$0.02973 |
3.62% |
Monthly |
Horizons Active Floating Rate Bond ETF |
HFR |
$0.01939 |
2.31% |
Monthly |
Horizons Active Cdn Municipal Bond ETF |
HMP |
$0.01656 |
2.03% |
Monthly |
Horizons Active Preferred Share ETF |
HPR |
$0.03073 |
3.79% |
Monthly |
Horizons Active Floating Rate Senior Loan ETF |
HSL |
$0.02380 |
2.92% |
Monthly |
Horizons Active US Floating Rate Bond (USD) ETF(1) |
HUF.U |
$0.01923 |
2.27% |
Monthly |
HUF |
$0.01923 |
2.27% |
Monthly |
|
Horizons Active High Yield Bond ETF |
HYI |
$0.04863 |
5.75% |
Monthly |
* Based on the applicable November 22, 2017 net asset value per unit, which is available at www.HorizonsETFs.com. |
|
(1) |
Distributions for Horizons Active US Floating Rate Bond (USD) ETF are declared and paid in U.S. dollars, including |
Distributions for the ETFs will vary from period to period. For further information regarding the Distributions, please visit www.HorizonsETFs.com.
About Horizons ETFs Management (Canada) Inc.
Horizons ETFs Management (Canada) Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Horizons ETFs product suite includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Horizons ETFs currently has more than $9.0 billion of assets under management and 80 ETFs listed on the Toronto Stock Exchange. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset Global InvestWebsite - www.horizonsetfs.comments Group.
SOURCE Horizons ETFs Management (Canada) Inc.
Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739.
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