Mr. Martin Fabregas reports
HORIZONS ETFS ANNOUNCES JANUARY 2021 DISTRIBUTIONS FOR CERTAIN ETFS
Horizons ETFs Management (Canada) Inc. has released the distribution amounts per unit for certain of its exchange-traded funds for the period ending Jan. 31, 2021, as indicated in the attached table.
The ex dividend date for the distributions is anticipated to be Jan. 28, 2021, for all unitholders of record on Jan. 29, 2021. 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 Feb. 10, 2021.
Horizons ETFs has made an additional announcement regarding the January distributions for its family of covered-call ETFs in a separate press release.
JANUARY DISTRIBUTIONS
ETF name Ticker Distribution Annualized Frequency
symbol per unit yield*
Horizons Active Corporate Bond ETF HAB $0.02869 3.00% Monthly
Horizons Active Cdn Bond ETF HAD $0.01841 2.04% Monthly
Horizons Active Global Fixed Income ETF HAF $0.01875 2.91% Monthly
Horizons Active Emerging Markets Bond ETF HEMB $0.03300 3.95% Monthly
Horizons Active Floating Rate Preferred Share ETF HFP $0.03472 5.01% Monthly
Horizons Active Ultra-Short Term Investment Grade Bond ETF HFR $0.02101 2.48% Monthly
Horizons Active Cdn Municipal Bond ETF HMP $0.01867 2.21% Monthly
Horizons Active Preferred Share ETF HPR $0.03563 5.11% Monthly
Horizons Active Floating Rate Senior Loan ETF HSL $0.01882 2.41% Monthly
Horizons Active Ultra-Short Term U.S. Investment Grade
Bond ETF (1) HUF.U $0.02051 2.43% Monthly
HUF $0.02051 2.43% Monthly
Horizons Active High Yield Bond ETF HYI $0.04646 6.07% Monthly
Horizons Tactical Absolute Return Bond ETF (2) HARB.J $0.04162 5.00% Monthly
* Based on the applicable Jan. 21, 2021, net asset value per unit, which is available at the Horizons
ETFs website.
(1) Distributions for the Horizons Active Ultra-Short Term U.S. Investment Grade Bond 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 2.591 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.
(2) The units of Horizons Tactical Absolute Return Bond ETF began trading on Dec. 8, 2020.
Distributions for the ETFs will vary from period to period.
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