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Horizons ETFs Announces October 2023 Distributions For Its Suite Of ETFs

24/10/23 - 12:23 am

TORONTO – October 24, 2023 – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) is pleased to announce the distribution amounts per security (the “Distributions”) for its exchange traded funds (the “ETFs”), for the period ending October 31, 2023, as indicated in the tables below.

The ex-dividend date for the following Distributions is anticipated to be October 30, 2023.

ETF NameTicker SymbolDistribution per SecurityFrequency
Horizons Active Corporate Bond ETFHAB$0.03200Monthly
Horizons Active Cdn Bond ETFHAD$0.02100Monthly
Horizons Active Global Fixed Income ETFHAF$0.03200Monthly
Horizons Active Hybrid Bond and Preferred Share ETFHYBR$0.03400Monthly
Horizons Active Ultra-Short Term Investment Grade Bond ETFHFR$0.04800Monthly
Horizons Active Cdn Municipal Bond ETFHMP$0.02200Monthly
Horizons Active Preferred Share ETFHPR$0.03400Monthly
Horizons Active Floating Rate Senior Loan ETFHSL$0.04800Monthly
Horizons Active Ultra-Short Term US Investment Grade Bond ETF(1)HUF.U$0.04000Monthly
HUF$0.04000Monthly
Horizons Active High Yield Bond ETFHYI$0.03900Monthly
Horizons Tactical Absolute Return Bond ETFHARB.J$0.03400Monthly
Horizons Active ESG Corporate Bond ETFHAEB$0.02900Monthly
Horizons Canadian Utility Services High Dividend Index ETFUTIL$0.07900Monthly
Horizons Canadian Large Cap Equity Covered Call ETFCNCC$0.10000Monthly
Horizons Canadian Oil and Gas Equity Covered Call ETFENCC$0.13000Monthly
Horizons Gold Producer Equity Covered Call ETFGLCC$0.22000Monthly
Horizons Equal Weight Canadian Bank Covered Call ETFBKCC$0.15000Monthly
Horizons NASDAQ-100 Covered Call ETFQQCC$0.10750Monthly
Horizons US Large Cap Equity Covered Call ETF(2)USCC.U$0.12000Monthly
USCC$0.12000Monthly
Horizons Gold Yield ETFHGY$0.05000Monthly
Horizons Enhanced Equal Weight Banks Index ETFBNKL$0.09500Monthly
Horizons Enhanced Equal Weight Canadian Banks Covered Call ETFBKCL$0.24500Monthly
Horizons Enhanced S&P/TSX 60 Index ETFCANL$0.07000Monthly
Horizons Enhanced Canadian Large Cap Equity Covered Call ETFCNCL$0.20000Monthly
Horizons Enhanced US Large Cap Equity Covered Call ETFUSCL$0.23000Monthly
Horizons Equal Weight Banks Index ETFHBNK$0.08500Monthly
Horizons Balanced Asset Allocation ETFHBAL$0.03000Monthly
Horizons Conservative Asset Allocation ETFHCON$0.03000Monthly
Horizons All-Equity Asset Allocation ETFHEQT$0.02500Monthly
Horizons Enhanced NASDAQ-100 Covered Call ETF(3)QQCL$0.25000Monthly
Horizons Enhanced Canadian Oil and Gas Equity Covered Call ETF(3)ENCL$0.29000Monthly
Horizons Enhanced All-Equity Asset Allocation Covered Call ETF(3)EQCL$0.19500Monthly
Horizons Enhanced All-Equity Asset Allocation ETF(3)HEQL$0.04000Monthly
Horizons Growth Asset Allocation ETF(3)HGRW$0.04000Monthly
Horizons Growth Asset Allocation Covered Call ETF(3)GRCC$0.14000Monthly
Horizons Short-Term U.S. Treasury Premium Yield ETF(4)SPAY.U$0.12500Monthly
SPAY$0.12500Monthly
Horizons Mid-Term U.S. Treasury Premium Yield ETF(4)MPAY.U$0.15000Monthly
MPAY$0.15000Monthly
Horizons Long-Term U.S. Treasury Premium Yield ETF(4)LPAY.U$0.17500Monthly
LPAY$0.17500Monthly

The ex-dividend date for the following Distributions is anticipated to be October 31, 2023.

ETF NameTicker SymbolDistribution per SecurityFrequency
Horizons High Interest Savings ETFCASH$0.22400Monthly
Horizons 0-3 Month T-Bill ETFCBIL$0.22500Monthly
Horizons 0-3 Month U.S. T-Bill ETF(5)UBIL.U$0.23500Monthly

(1) The record date for all ETFs will be October 31, 2023. The Distributions for securities of each ETF will be paid in cash or, if the securityholder has enrolled in the respective ETF’s dividend reinvestment plan, reinvested in additional securities of the applicable ETF, on or about November 7, 2023.Distributions for the Horizons Active Ultra-Short Term US 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

$0.05478 per security. For securityholders who hold the Canadian dollar-traded HUF, the securityholder’s account holder will typically convert distribution payments to Canadian dollars.

(2) Distributions for the Horizons US Large Cap Equity Covered Call ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker USCC. The approximate Canadian dollar equivalent distribution rate for USCC is $0.16433 per security. For securityholders who hold the Canadian dollar-traded USCC, the securityholder’s account holder will typically convert distribution payments to Canadian dollars.

(3) Horizons Enhanced NASDAQ-100 Covered Call ETF, Horizons Enhanced Canadian Oil and Gas Equity Covered Call ETF, Horizons Enhanced All-Equity Asset Allocation Covered Call ETF, Horizons Enhanced All-Equity Asset Allocation ETF, Horizons Growth Asset Allocation ETF and Horizons Growth Asset Allocation Covered Call ETF began trading on October 11, 2023. The distribution amount shown above represents the period since inception.

(4) Horizons Short-Term U.S. Treasury Premium Yield ETF, Horizons Mid-Term U.S. Treasury Premium Yield ETF and Horizons Long-Term U.S. Treasury Premium Yield ETF began trading on October 5, 2023. The distribution amount shown above represents the period since inception. Distributions are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker SPAY, MPAY and LPAY. The approximate Canadian dollar equivalent distribution rate for SPAY is $0.17118 per security, for MPAY is $0.20542 per security and for LPAY is $0.23965 per security. For securityholders who hold the Canadian dollar-traded ticker, SPAY, MPAY and LPAY, the securityholder’s account holder will typically convert distribution payments to Canadian dollars.

(5)  Distributions for the Horizons 0-3 Month U.S. T-Bill ETF are declared and paid in U.S. dollars,

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. (www.HorizonsETFs.com)

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 family 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 has more than $27 billion of assets under management and 119 ETFs listed on major Canadian stock exchanges. Horizons ETFs is a wholly owned subsidiary of the Mirae Asset Financial Group, which manages approximately $710 billion of assets across 13 countries around the world.

For further information:

info@horizonsetfs.com (416) 933-5745 or (866) 641-5739

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