Mr. Martin Fabregas reports
HORIZONS ETFS ANNOUNCES APRIL 2019 DISTRIBUTIONS FOR CERTAIN ACTIVE ETFS
Horizons ETFs Management (Canada) Inc. has released the distribution amounts per unit for certain of its exchange-traded funds (the ETFs) for the period ending April 30, 2019, as indicated in the attached table.
The ex dividend date for the distributions is anticipated to be April 29, 2019, for all unitholders of record on April 30, 2019. 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 May 10, 2019.
Horizons ETFs has made an additional announcement regarding the April distributions for its family of covered-call ETFs in a separate press release.
APRIL DISTRIBUTIONS
ETF name Ticker Distribution Annualized Frequency
symbol per unit yield*
Horizons Active Corporate Bond ETF HAB $0.02698 3.01% Monthly
Horizons Active Cdn Bond ETF HAD $0.02013 2.40% Monthly
Horizons Active Global Fixed Income ETF HAF $0.01789 2.74% Monthly
Horizons Active Emerging Markets Bond ETF HEMB $0.03524 4.20% Monthly
Horizons Active Floating Rate Preferred Share ETF HFP $0.03279 4.73% Monthly
Horizons Active Floating Rate Bond ETF HFR $0.02164 2.58% Monthly
Horizons Active Cdn Municipal Bond ETF HMP $0.01710 2.08% Monthly
Horizons Active Preferred Share ETF HPR $0.03343 4.82% Monthly
Horizons Active Floating Rate Senior Loan ETF HSL $0.03155 3.92% Monthly
Horizons Active U.S. Floating Rate Bond
(USD) ETF (1) HUF.U $0.02787 3.33% Monthly
HUF $0.02787 3.33% Monthly
Horizons Active High Yield Bond ETF HYI $0.05024 6.22% Monthly
* Based on the applicable April 22, 2019, net asset value per unit, which is available at the Horizons
ETFs website.
(1) Distributions for the Horizons Active U.S. Floating Rate Bond (USD) ETF are declared and paid in
U.S. dollars, including those listed under the Canadian-dollar-traded ticker HUF. The approximate
Canadian-dollar-equivalent distribution rate for HUF is 3.720 cents per unit. For unitholders who hold
the Canadian-dollar-traded HUF, distribution payments will typically be converted to Canadian dollars
by the unitholder's account holder.
Distributions for the ETFs will vary from period to period.
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