Search
Generic filters
Search in excerpt

An ETF for every investor.

CASH

Horizons High Interest Savings ETF

Price
$50.05
$0.01
0.02%
NAV
$50.0400
$0.0058
0.01%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH

QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$9.75
$0.12
1.25%
NAV
$9.6692
$-0.0605
-0.62%

Active

Covered Call

Fact Sheet
Learn more about QQCC

HRAA

Horizons ReSolve Adaptive Asset Allocation ETF

Price
$11.11
$0.07
0.63%
NAV
$11.1682
$0.0634
0.57%

Active

Corporate Class – Alternative

Fact Sheet
Learn more about HRAA
Explore All Products
Search
Generic filters
Search in excerpt
Back to All Products

HPR

Horizons Active Preferred Share ETF

A Flexible Preferred Share Strategy

When it comes to investing in Canadian preferred shares, investors might be better served with an actively managed strategy. Sub-advised by Fiera Capital Corporation, Horizons Active Preferred Share ETF (HPR) is an actively managed fund that seeks to provide dividend income, while preserving capital, by investing primarily in preferred shares of Canadian companies.

Key Features of Preferred Shares

• Historical track record of higher yields compared to common dividend paying stocks and investment grade bonds
• Can be used to gain exposure to various sectors such as Financials, Energy, Real Estate and more
• Sensitivity to changes in interest rates
• Historically benefits from rising interest rates

Investment Objective

HPR seeks to provide dividend income while preserving capital by investing primarily in preferred shares (including securities convertible into preferred shares) of Canadian companies. HPR may also invest in preferred shares of companies located in the United States, debt securities (including LRCNs) of Canadian and U.S. issuers, other income generating securities, as well as Canadian equity securities and Listed Funds.

Fund Details

Ticker
HPR
Inception Date
November 22, 2010
Net Assets ?
$1,181,181,752
As at  December 07, 2022
Consolidated Prior Day Volume ?
1,068,096
For  December 07, 2022
Average Daily Trading Volume Over a 12 Month Period ?
683,239
As at  December 07, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.55%
(Plus applicable sales tax)
Management Expense Ratio ?
0.64%
As at June 30, 2022
Currency
CAD
Currency Hedging
N/A
LEI ?
549300UYRSEMRLH9FA96
Most Recent Distributions Per Unit
0.03701
Estimated Annualized Yield ?
5.88 %
12-Month Trailing Yield ?
5.77 %
Distribution Frequency
Monthly
Record Date
November 30, 2022
NAV / Unit
$7.6140
Price
$7.52
Premium Discount
$-0.09
Premium Discount Percentage
-1.25%
Outstanding Shares
155,131,934
Weighted Average Duration ?
0.38
Average Credit Quality ?
--
Weighted Average Coupon ?
0.00
Weighted Average Yield to Maturity ?
0.73

The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.

The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.

Annualized Performance (%) *

1mo 3mo 6mo YTD 1 yr 3 yr 5 yr 10 yr SIR**
Horizons Active Preferred Share ETF -0.79 -9.04 -13.40 -18.15 -17.25 3.76 -0.03 1.55 2.29
S&P/TSX Preferred Share Index (Total Return) -0.65 -8.29 -12.37 -16.63 -15.52 2.68 0.14 0.89 1.56

**Fund performance since inception on November 22, 2010, as at November 30, 2022

Calendar Year Performance (%) *

2014 2015 2016 2017 2018 2019 2020 2021

Horizons Active Preferred Share ETF

6.42 -12.67 8.83 15.52 -9.98 2.35 6.19 24.57
S&P/TSX Preferred Share Index (Total Return) 6.82 -14.95 6.98 13.62 -7.93 3.48 6.16 19.35

HPR is an actively managed ETF, and is not managed to replicate the performance of any underlying reference benchmark. Information for the S&P/TSX Preferred Share Index (the “Index”) is presented for informational purposes only as a widely accepted comparable index. The Index is designed to track the performance of the Canadian preferred share market. The composition of HPR’s portfolio can vary materially from that of the Index in terms of both constituent issuers and weightings.

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2022 11/29/2022 11/30/2022 12/12/2022 0.03701 Monthly
2022 10/28/2022 10/31/2022 11/10/2022 0.03701 Monthly
2022 09/28/2022 09/29/2022 10/13/2022 0.03701 Monthly
2022 08/30/2022 08/31/2022 09/13/2022 0.03701 Monthly
2022 07/28/2022 07/29/2022 08/11/2022 0.03475 Monthly
2022 06/29/2022 06/30/2022 07/13/2022 0.03598 Monthly
2022 05/30/2022 05/31/2022 06/10/2022 0.03598 Monthly
2022 04/28/2022 04/29/2022 05/11/2022 0.03598 Monthly
2022 03/30/2022 03/31/2022 04/12/2022 0.03847 Monthly
2022 02/25/2022 02/28/2022 03/10/2022 0.03847 Monthly
2022 01/28/2022 01/31/2022 02/10/2022 0.03847 Monthly
2021 12/30/2021 12/31/2021 01/13/2022 0.0328 Monthly
2021 11/29/2021 11/30/2021 12/10/2021 0.0328 Monthly
2021 10/28/2021 10/29/2021 11/10/2021 0.0328 Monthly
2021 09/28/2021 09/29/2021 10/13/2021 0.03162 Monthly
2021 08/30/2021 08/31/2021 09/13/2021 0.03162 Monthly
2021 07/29/2021 07/30/2021 08/12/2021 0.03162 Monthly
2021 06/29/2021 06/30/2021 07/13/2021 0.0321 Monthly
2021 05/28/2021 05/31/2021 06/10/2021 0.0321 Monthly
2021 04/29/2021 04/30/2021 05/12/2021 0.0321 Monthly
2021 03/30/2021 03/31/2021 04/13/2021 0.0328 Monthly
2021 02/25/2021 02/26/2021 03/10/2021 0.0328 Monthly
2021 01/28/2021 01/29/2021 02/10/2021 0.0356 Monthly
2020 12/30/2020 12/31/2020 01/13/2021 0.0356 Monthly
2020 11/27/2020 11/30/2020 12/10/2020 0.0356 Monthly
2020 10/29/2020 10/30/2020 11/12/2020 0.0356 Monthly
2020 09/29/2020 09/30/2020 10/13/2020 0.0353 Monthly
2020 08/28/2020 08/31/2020 09/11/2020 0.0353 Monthly
2020 07/30/2020 07/31/2020 08/13/2020 0.0353 Monthly
2020 06/29/2020 06/30/2020 07/13/2020 0.036 Monthly
2020 05/28/2020 05/29/2020 06/10/2020 0.036 Monthly
2020 04/29/2020 04/30/2020 05/12/2020 0.036 Monthly
2020 03/30/2020 03/31/2020 04/13/2020 0.0325 Monthly
2020 02/27/2020 02/28/2020 03/11/2020 0.0325 Monthly
2020 01/30/2020 01/31/2020 02/12/2020 0.0325 Monthly
2019 12/30/2019 12/31/2019 01/13/2020 0.0333 Monthly
2019 11/28/2019 11/29/2019 12/11/2019 0.0334 Monthly
2019 10/30/2019 10/31/2019 11/13/2019 0.0334 Monthly
2019 09/27/2019 09/30/2019 10/10/2019 0.033 Monthly
2019 08/29/2019 08/30/2019 09/12/2019 0.033 Monthly
2019 07/30/2019 07/31/2019 08/13/2019 0.033 Monthly
2019 06/27/2019 06/28/2019 07/11/2019 0.0334 Monthly
2019 05/30/2019 05/31/2019 06/12/2019 0.0334 Monthly
2019 04/29/2019 04/30/2019 05/10/2019 0.0334 Monthly
2019 03/28/2019 03/29/2019 04/10/2019 0.0324 Monthly
2019 02/27/2019 02/28/2019 03/12/2019 0.0324 Monthly
2019 01/30/2019 01/31/2019 02/12/2019 0.0324 Monthly
2018 12/28/2018 12/31/2018 01/11/2019 0.0314 Monthly
2018 11/29/2018 11/30/2018 12/12/2018 0.0314 Monthly
2018 10/30/2018 10/31/2018 11/13/2018 0.0314 Monthly
2018 09/27/2018 09/28/2018 10/11/2018 0.0305 Monthly
2018 08/30/2018 08/31/2018 09/13/2018 0.0305 Monthly
2018 07/30/2018 07/31/2018 08/13/2018 0.0305 Monthly
2018 06/28/2018 06/29/2018 07/12/2018 0.0303 Monthly
2018 05/30/2018 05/31/2018 06/12/2018 0.0303 Monthly
2018 04/27/2018 04/30/2018 05/10/2018 0.0303 Monthly
2018 03/28/2018 03/29/2018 04/11/2018 0.0301 Monthly
2018 02/27/2018 02/28/2018 03/12/2018 0.0301 Monthly
2018 01/30/2018 01/31/2018 02/12/2018 0.0301 Monthly
2017 12/28/2017 12/29/2017 01/11/2018 0.0307 Monthly
2017 11/29/2017 11/30/2017 12/12/2017 0.0307 Monthly
2017 10/30/2017 10/31/2017 11/10/2017 0.0307 Monthly
2017 09/28/2017 09/29/2017 10/12/2017 0.0308 Monthly
2017 08/29/2017 08/31/2017 09/13/2017 0.0308 Monthly
2017 07/27/2017 07/31/2017 08/11/2017 0.0308 Monthly
2017 06/28/2017 06/30/2017 07/13/2017 0.0318 Monthly
2017 05/29/2017 05/31/2017 06/12/2017 0.0318 Monthly
2017 04/25/2017 04/27/2017 05/09/2017 0.0318 Monthly
2017 03/29/2017 03/31/2017 04/12/2017 0.0319 Monthly
2017 02/24/2017 02/28/2017 03/10/2017 0.0319 Monthly
2017 01/27/2017 01/31/2017 02/10/2017 0.0319 Monthly
2016 12/28/2016 12/30/2016 01/12/2017 0.0304 Monthly
2016 11/28/2016 11/30/2016 12/01/2016 0.0304 Monthly
2016 10/27/2016 10/31/2016 11/10/2016 0.0304 Monthly
2016 09/28/2016 09/30/2016 10/13/2016 0.0304 Monthly
2016 08/29/2016 08/31/2016 09/13/2016 0.0304 Monthly
2016 07/27/2016 07/29/2016 08/11/2016 0.0304 Monthly
2016 06/28/2016 06/30/2016 07/13/2016 0.0324 Monthly
2016 05/27/2016 05/31/2016 06/19/2016 0.0324 Monthly
2016 04/27/2016 04/29/2016 05/11/2016 0.0324 Monthly
2016 03/29/2016 03/31/2016 04/12/2016 0.0324 Monthly
2016 02/25/2016 02/29/2016 03/10/2016 0.0324 Monthly
2016 01/27/2016 01/29/2016 02/10/2016 0.0324 Monthly
2015 12/29/2015 12/31/2015 01/13/2016 0.0318 Monthly
2015 11/26/2015 11/30/2015 12/10/2015 0.0318 Monthly
2015 10/28/2015 10/31/2015 11/12/2015 0.0318 Monthly
2015 09/28/2015 09/30/2015 10/13/2015 0.0324 Monthly
2015 08/27/2015 08/31/2015 09/11/2015 0.0324 Monthly
2015 07/29/2015 07/31/2015 08/13/2015 0.0324 Monthly
2015 06/26/2015 06/30/2015 07/13/2015 0.0335 Monthly
2015 05/27/2015 05/29/2015 06/10/2015 0.0335 Monthly
2015 04/28/2015 04/30/2015 05/12/2015 0.0335 Monthly
2015 03/27/2015 03/31/2015 04/13/2015 0.0315 Monthly
2015 02/25/2015 02/27/2015 03/11/2015 0.0315 Monthly
2015 01/28/2015 01/30/2015 02/11/2015 0.0315 Monthly
2014 12/29/2014 12/31/2014 01/13/2015 0.033 Monthly
2014 11/26/2014 11/28/2014 12/10/2014 0.033 Monthly
2014 10/29/2014 10/31/2014 11/12/2014 0.033 Monthly
2014 09/26/2014 09/30/2014 10/10/2014 0.0333 Monthly
2014 08/27/2014 08/29/2014 09/11/2014 0.0333 Monthly
2014 07/29/2014 07/31/2014 08/13/2014 0.0333 Monthly
2014 06/26/2014 06/30/2014 07/11/2014 0.0344 Monthly
2014 05/28/2014 05/30/2014 06/11/2014 0.0344 Monthly
2014 04/28/2014 04/30/2014 05/12/2014 0.0344 Monthly
2014 03/27/2014 03/31/2014 04/10/2014 0.0354 Monthly
2014 02/26/2014 02/28/2014 03/10/2014 0.0354 Monthly
2014 01/29/2014 01/31/2014 02/12/2014 0.0354 Monthly
2013 12/27/2013 12/31/2013 01/13/2014 0.036 Monthly
2013 11/27/2013 11/29/2013 12/11/2013 0.036 Monthly
2013 10/29/2013 10/31/2013 11/12/2013 0.036 Monthly
2013 09/26/2013 09/30/2013 10/10/2013 0.0358 Monthly
2013 08/28/2013 08/30/2013 09/12/2013 0.0358 Monthly
2013 07/29/2013 07/31/2013 08/13/2013 0.0358 Monthly
2013 06/26/2013 06/28/2013 07/11/2013 0.0348 Monthly
2013 05/29/2013 05/31/2013 06/12/2013 0.0348 Monthly
2013 04/26/2013 04/30/2013 05/10/2013 0.0348 Monthly
2013 03/26/2013 03/28/2013 04/10/2013 0.0378 Monthly
2013 02/26/2013 02/28/2013 03/12/2013 0.0378 Monthly
2013 01/29/2013 01/31/2013 02/12/2013 0.0378 Monthly
2012 12/27/2012 12/31/2012 01/11/2013 0.0366 Monthly
2012 11/28/2012 11/30/2012 12/12/2012 0.0366 Monthly
2012 10/29/2012 10/31/2012 11/09/2012 0.0366 Monthly
2012 09/26/2012 09/28/2012 10/11/2012 0.0368 Monthly
2012 08/29/2012 08/31/2012 09/13/2012 0.0368 Monthly
2012 07/27/2012 07/31/2012 08/13/2012 0.0368 Monthly
2012 06/27/2012 06/29/2012 07/12/2012 0.036 Monthly
2012 05/29/2012 05/31/2012 06/12/2012 0.036 Monthly
2012 04/26/2012 04/30/2012 05/10/2012 0.036 Monthly
2012 03/28/2012 03/30/2012 04/12/2012 0.0376 Monthly
2012 02/27/2012 02/29/2012 03/12/2012 0.0376 Monthly
2012 01/27/2012 01/31/2012 02/10/2012 0.0376 Monthly
2011 12/28/2011 12/30/2011 01/12/2012 0.0373 Monthly
2011 11/28/2011 11/30/2011 12/12/2011 0.0373 Monthly
2011 10/27/2011 10/31/2011 11/10/2011 0.0373 Monthly
2011 09/28/2011 09/30/2011 10/13/2011 0.0394 Monthly
2011 08/29/2011 08/31/2011 09/13/2011 0.0394 Monthly
2011 07/27/2011 07/29/2011 08/11/2011 0.0394 Monthly
2011 06/27/2011 06/29/2011 07/12/2011 0.0398 Monthly
2011 05/27/2011 05/31/2011 06/10/2011 0.0398 Monthly
2011 04/27/2011 04/29/2011 05/11/2011 0.0398 Monthly
2011 03/29/2011 03/31/2011 04/12/2011 0.0403 Monthly
2011 02/24/2011 02/28/2011 03/10/2011 0.0403 Monthly
2011 01/27/2011 01/31/2011 02/10/2011 0.0403 Monthly
2010 12/29/2010 12/31/2010 01/17/2011 0.0642 Monthly

Sector Allocation

As at November 30, 2022
Financials 45.15%
Energy 24.24%
Utilities 14.21%
Communication 9.63%
Cash & Equivalents 3.21%
Real Estate 2.47%
Consumer Service 0.46%

Preferred Share Ratings

As at November 30, 2022
Cash 3.21%
P1 0.31%
P2 49.15%
P3 39.50%
P4 or lower & N.R. 0.63%
Other 7.20%

Preferred Share Category

As at November 30, 2022
Hybrid 6.85%
Fixed-Floating 73.52%
Floating Rate 3.10%
Perpetual 14.97%

Top 10 Holdings

As at October 31, 2022
Security Name Weight
Bank of Montreal - Pfd Cl B Sr 29 2.20%
Enbridge Inc - Pfd Cl A Sr 3 2.13%
Toronto-Dominion Bank - Pfd Cl B Sr 3 1.91%
Royal Bank of Canada - Pfd Sr BD 1.75%
Canadian Imperial Bank Commerce - Pfd Cl A Sr 43 1.66%
Toronto-Dominion Bank - Pfd Sr 7 1.59%
Pembina Pipeline Corp - Pfd Cl A Sr 9 1.48%
Toronto-Dominion Bank - Pfd Cl A Sr 1 1.44%
Canadian Imperial Bank Commerce - Pfd Cl A Sr 39 1.42%
Fortis Inc - Pfd Sr M 1.37%
At a Glance

A Flexible Preferred Share Strategy

When it comes to investing in Canadian preferred shares, investors might be better served with an actively managed strategy. Sub-advised by Fiera Capital Corporation, Horizons Active Preferred Share ETF (HPR) is an actively managed fund that seeks to provide dividend income, while preserving capital, by investing primarily in preferred shares of Canadian companies.

Key Features of Preferred Shares

• Historical track record of higher yields compared to common dividend paying stocks and investment grade bonds
• Can be used to gain exposure to various sectors such as Financials, Energy, Real Estate and more
• Sensitivity to changes in interest rates
• Historically benefits from rising interest rates

Product Facts

Investment Objective

HPR seeks to provide dividend income while preserving capital by investing primarily in preferred shares (including securities convertible into preferred shares) of Canadian companies. HPR may also invest in preferred shares of companies located in the United States, debt securities (including LRCNs) of Canadian and U.S. issuers, other income generating securities, as well as Canadian equity securities and Listed Funds.

Fund Details

Ticker
HPR
Inception Date
November 22, 2010
Net Assets ?
$1,181,181,752
As at December 07, 2022
Consolidated Prior Day Volume ?
1,068,096
For December 07, 2022
Average Daily Trading Volume Over a 12 Month Period ?
683,239
As at December 07, 2022
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.55%
(Plus applicable sales tax)
Management Expense Ratio ?
0.64%
 As at June 30, 2022
Currency
CAD
Currency Hedging
N/A
LEI ?
549300UYRSEMRLH9FA96
Most Recent Distributions Per Unit
0.03701
Estimated Annualized Yield ?
5.88%
12-Month Trailing Yield ?
5.77%
Distribution Frequency
Monthly
Record Date
November 30, 2022
NAV / Unit
$7.6140
Price
$7.52
Premium Discount
$-0.09
Premium Discount Percentage
-1.25%
Outstanding Shares
155,131,934
Weighted Average Duration ?
0.38
Average Credit Quality ?
--
Weighted Average Coupon ?
0.00
Weighted Average Yield to Maturity ?
0.73

The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.

The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.

Performance & Distributions

Annualized Performance (%) *

1mo 3mo 6mo YTD 1 yr 3 yr 5 yr 10 yr SIR**
Horizons Active Preferred Share ETF -0.79 -9.04 -13.40 -18.15 -17.25 3.76 -0.03 1.55 2.29
S&P/TSX Preferred Share Index (Total Return) -0.65 -8.29 -12.37 -16.63 -15.52 2.68 0.14 0.89 1.56

**Fund performance since inception on November 22, 2010, as at November 30, 2022

Calendar Year Performance (%)

2014 2015 2016 2017 2018 2019 2020 2021
Horizons Active Preferred Share ETF 6.42 -12.67 8.83 15.52 -9.98 2.35 6.19 24.57
S&P/TSX Preferred Share Index (Total Return) 6.82 -14.95 6.98 13.62 -7.93 3.48 6.16 19.35

HPR is an actively managed ETF, and is not managed to replicate the performance of any underlying reference benchmark. Information for the S&P/TSX Preferred Share Index (the “Index”) is presented for informational purposes only as a widely accepted comparable index. The Index is designed to track the performance of the Canadian preferred share market. The composition of HPR’s portfolio can vary materially from that of the Index in terms of both constituent issuers and weightings.

Distributions

Year Ex-Dividend Date Record Date Payment Date Payment Amount Reinvested Non-Cash Distributions Distribution Period
2022 11/29/2022 11/30/2022 12/12/2022 0.03701 Monthly
2022 10/28/2022 10/31/2022 11/10/2022 0.03701 Monthly
2022 09/28/2022 09/29/2022 10/13/2022 0.03701 Monthly
2022 08/30/2022 08/31/2022 09/13/2022 0.03701 Monthly
2022 07/28/2022 07/29/2022 08/11/2022 0.03475 Monthly
2022 06/29/2022 06/30/2022 07/13/2022 0.03598 Monthly
2022 05/30/2022 05/31/2022 06/10/2022 0.03598 Monthly
2022 04/28/2022 04/29/2022 05/11/2022 0.03598 Monthly
2022 03/30/2022 03/31/2022 04/12/2022 0.03847 Monthly
2022 02/25/2022 02/28/2022 03/10/2022 0.03847 Monthly
2022 01/28/2022 01/31/2022 02/10/2022 0.03847 Monthly
2021 12/30/2021 12/31/2021 01/13/2022 0.0328 Monthly
2021 11/29/2021 11/30/2021 12/10/2021 0.0328 Monthly
2021 10/28/2021 10/29/2021 11/10/2021 0.0328 Monthly
2021 09/28/2021 09/29/2021 10/13/2021 0.03162 Monthly
2021 08/30/2021 08/31/2021 09/13/2021 0.03162 Monthly
2021 07/29/2021 07/30/2021 08/12/2021 0.03162 Monthly
2021 06/29/2021 06/30/2021 07/13/2021 0.0321 Monthly
2021 05/28/2021 05/31/2021 06/10/2021 0.0321 Monthly
2021 04/29/2021 04/30/2021 05/12/2021 0.0321 Monthly
2021 03/30/2021 03/31/2021 04/13/2021 0.0328 Monthly
2021 02/25/2021 02/26/2021 03/10/2021 0.0328 Monthly
2021 01/28/2021 01/29/2021 02/10/2021 0.0356 Monthly
2020 12/30/2020 12/31/2020 01/13/2021 0.0356 Monthly
2020 11/27/2020 11/30/2020 12/10/2020 0.0356 Monthly
2020 10/29/2020 10/30/2020 11/12/2020 0.0356 Monthly
2020 09/29/2020 09/30/2020 10/13/2020 0.0353 Monthly
2020 08/28/2020 08/31/2020 09/11/2020 0.0353 Monthly
2020 07/30/2020 07/31/2020 08/13/2020 0.0353 Monthly
2020 06/29/2020 06/30/2020 07/13/2020 0.036 Monthly
2020 05/28/2020 05/29/2020 06/10/2020 0.036 Monthly
2020 04/29/2020 04/30/2020 05/12/2020 0.036 Monthly
2020 03/30/2020 03/31/2020 04/13/2020 0.0325 Monthly
2020 02/27/2020 02/28/2020 03/11/2020 0.0325 Monthly
2020 01/30/2020 01/31/2020 02/12/2020 0.0325 Monthly
2019 12/30/2019 12/31/2019 01/13/2020 0.0333 Monthly
2019 11/28/2019 11/29/2019 12/11/2019 0.0334 Monthly
2019 10/30/2019 10/31/2019 11/13/2019 0.0334 Monthly
2019 09/27/2019 09/30/2019 10/10/2019 0.033 Monthly
2019 08/29/2019 08/30/2019 09/12/2019 0.033 Monthly
2019 07/30/2019 07/31/2019 08/13/2019 0.033 Monthly
2019 06/27/2019 06/28/2019 07/11/2019 0.0334 Monthly
2019 05/30/2019 05/31/2019 06/12/2019 0.0334 Monthly
2019 04/29/2019 04/30/2019 05/10/2019 0.0334 Monthly
2019 03/28/2019 03/29/2019 04/10/2019 0.0324 Monthly
2019 02/27/2019 02/28/2019 03/12/2019 0.0324 Monthly
2019 01/30/2019 01/31/2019 02/12/2019 0.0324 Monthly
2018 12/28/2018 12/31/2018 01/11/2019 0.0314 Monthly
2018 11/29/2018 11/30/2018 12/12/2018 0.0314 Monthly
2018 10/30/2018 10/31/2018 11/13/2018 0.0314 Monthly
2018 09/27/2018 09/28/2018 10/11/2018 0.0305 Monthly
2018 08/30/2018 08/31/2018 09/13/2018 0.0305 Monthly
2018 07/30/2018 07/31/2018 08/13/2018 0.0305 Monthly
2018 06/28/2018 06/29/2018 07/12/2018 0.0303 Monthly
2018 05/30/2018 05/31/2018 06/12/2018 0.0303 Monthly
2018 04/27/2018 04/30/2018 05/10/2018 0.0303 Monthly
2018 03/28/2018 03/29/2018 04/11/2018 0.0301 Monthly
2018 02/27/2018 02/28/2018 03/12/2018 0.0301 Monthly
2018 01/30/2018 01/31/2018 02/12/2018 0.0301 Monthly
2017 12/28/2017 12/29/2017 01/11/2018 0.0307 Monthly
2017 11/29/2017 11/30/2017 12/12/2017 0.0307 Monthly
2017 10/30/2017 10/31/2017 11/10/2017 0.0307 Monthly
2017 09/28/2017 09/29/2017 10/12/2017 0.0308 Monthly
2017 08/29/2017 08/31/2017 09/13/2017 0.0308 Monthly
2017 07/27/2017 07/31/2017 08/11/2017 0.0308 Monthly
2017 06/28/2017 06/30/2017 07/13/2017 0.0318 Monthly
2017 05/29/2017 05/31/2017 06/12/2017 0.0318 Monthly
2017 04/25/2017 04/27/2017 05/09/2017 0.0318 Monthly
2017 03/29/2017 03/31/2017 04/12/2017 0.0319 Monthly
2017 02/24/2017 02/28/2017 03/10/2017 0.0319 Monthly
2017 01/27/2017 01/31/2017 02/10/2017 0.0319 Monthly
2016 12/28/2016 12/30/2016 01/12/2017 0.0304 Monthly
2016 11/28/2016 11/30/2016 12/01/2016 0.0304 Monthly
2016 10/27/2016 10/31/2016 11/10/2016 0.0304 Monthly
2016 09/28/2016 09/30/2016 10/13/2016 0.0304 Monthly
2016 08/29/2016 08/31/2016 09/13/2016 0.0304 Monthly
2016 07/27/2016 07/29/2016 08/11/2016 0.0304 Monthly
2016 06/28/2016 06/30/2016 07/13/2016 0.0324 Monthly
2016 05/27/2016 05/31/2016 06/19/2016 0.0324 Monthly
2016 04/27/2016 04/29/2016 05/11/2016 0.0324 Monthly
2016 03/29/2016 03/31/2016 04/12/2016 0.0324 Monthly
2016 02/25/2016 02/29/2016 03/10/2016 0.0324 Monthly
2016 01/27/2016 01/29/2016 02/10/2016 0.0324 Monthly
2015 12/29/2015 12/31/2015 01/13/2016 0.0318 Monthly
2015 11/26/2015 11/30/2015 12/10/2015 0.0318 Monthly
2015 10/28/2015 10/31/2015 11/12/2015 0.0318 Monthly
2015 09/28/2015 09/30/2015 10/13/2015 0.0324 Monthly
2015 08/27/2015 08/31/2015 09/11/2015 0.0324 Monthly
2015 07/29/2015 07/31/2015 08/13/2015 0.0324 Monthly
2015 06/26/2015 06/30/2015 07/13/2015 0.0335 Monthly
2015 05/27/2015 05/29/2015 06/10/2015 0.0335 Monthly
2015 04/28/2015 04/30/2015 05/12/2015 0.0335 Monthly
2015 03/27/2015 03/31/2015 04/13/2015 0.0315 Monthly
2015 02/25/2015 02/27/2015 03/11/2015 0.0315 Monthly
2015 01/28/2015 01/30/2015 02/11/2015 0.0315 Monthly
2014 12/29/2014 12/31/2014 01/13/2015 0.033 Monthly
2014 11/26/2014 11/28/2014 12/10/2014 0.033 Monthly
2014 10/29/2014 10/31/2014 11/12/2014 0.033 Monthly
2014 09/26/2014 09/30/2014 10/10/2014 0.0333 Monthly
2014 08/27/2014 08/29/2014 09/11/2014 0.0333 Monthly
2014 07/29/2014 07/31/2014 08/13/2014 0.0333 Monthly
2014 06/26/2014 06/30/2014 07/11/2014 0.0344 Monthly
2014 05/28/2014 05/30/2014 06/11/2014 0.0344 Monthly
2014 04/28/2014 04/30/2014 05/12/2014 0.0344 Monthly
2014 03/27/2014 03/31/2014 04/10/2014 0.0354 Monthly
2014 02/26/2014 02/28/2014 03/10/2014 0.0354 Monthly
2014 01/29/2014 01/31/2014 02/12/2014 0.0354 Monthly
2013 12/27/2013 12/31/2013 01/13/2014 0.036 Monthly
2013 11/27/2013 11/29/2013 12/11/2013 0.036 Monthly
2013 10/29/2013 10/31/2013 11/12/2013 0.036 Monthly
2013 09/26/2013 09/30/2013 10/10/2013 0.0358 Monthly
2013 08/28/2013 08/30/2013 09/12/2013 0.0358 Monthly
2013 07/29/2013 07/31/2013 08/13/2013 0.0358 Monthly
2013 06/26/2013 06/28/2013 07/11/2013 0.0348 Monthly
2013 05/29/2013 05/31/2013 06/12/2013 0.0348 Monthly
2013 04/26/2013 04/30/2013 05/10/2013 0.0348 Monthly
2013 03/26/2013 03/28/2013 04/10/2013 0.0378 Monthly
2013 02/26/2013 02/28/2013 03/12/2013 0.0378 Monthly
2013 01/29/2013 01/31/2013 02/12/2013 0.0378 Monthly
2012 12/27/2012 12/31/2012 01/11/2013 0.0366 Monthly
2012 11/28/2012 11/30/2012 12/12/2012 0.0366 Monthly
2012 10/29/2012 10/31/2012 11/09/2012 0.0366 Monthly
2012 09/26/2012 09/28/2012 10/11/2012 0.0368 Monthly
2012 08/29/2012 08/31/2012 09/13/2012 0.0368 Monthly
2012 07/27/2012 07/31/2012 08/13/2012 0.0368 Monthly
2012 06/27/2012 06/29/2012 07/12/2012 0.036 Monthly
2012 05/29/2012 05/31/2012 06/12/2012 0.036 Monthly
2012 04/26/2012 04/30/2012 05/10/2012 0.036 Monthly
2012 03/28/2012 03/30/2012 04/12/2012 0.0376 Monthly
2012 02/27/2012 02/29/2012 03/12/2012 0.0376 Monthly
2012 01/27/2012 01/31/2012 02/10/2012 0.0376 Monthly
2011 12/28/2011 12/30/2011 01/12/2012 0.0373 Monthly
2011 11/28/2011 11/30/2011 12/12/2011 0.0373 Monthly
2011 10/27/2011 10/31/2011 11/10/2011 0.0373 Monthly
2011 09/28/2011 09/30/2011 10/13/2011 0.0394 Monthly
2011 08/29/2011 08/31/2011 09/13/2011 0.0394 Monthly
2011 07/27/2011 07/29/2011 08/11/2011 0.0394 Monthly
2011 06/27/2011 06/29/2011 07/12/2011 0.0398 Monthly
2011 05/27/2011 05/31/2011 06/10/2011 0.0398 Monthly
2011 04/27/2011 04/29/2011 05/11/2011 0.0398 Monthly
2011 03/29/2011 03/31/2011 04/12/2011 0.0403 Monthly
2011 02/24/2011 02/28/2011 03/10/2011 0.0403 Monthly
2011 01/27/2011 01/31/2011 02/10/2011 0.0403 Monthly
2010 12/29/2010 12/31/2010 01/17/2011 0.0642 Monthly
Holdings

Sector Allocation

As at November 30, 2022
Financials 45.15%
Energy 24.24%
Utilities 14.21%
Communication 9.63%
Cash & Equivalents 3.21%
Real Estate 2.47%
Consumer Service 0.46%

Preferred Share Ratings

As at November 30, 2022
Cash 3.21%
P1 0.31%
P2 49.15%
P3 39.50%
P4 or lower & N.R. 0.63%
Other 7.20%

Preferred Share Category

As at November 30, 2022
Hybrid 6.85%
Fixed-Floating 73.52%
Floating Rate 3.10%
Perpetual 14.97%

Top 10 Holdings

As at October 31, 2022
Security Name Weight
Bank of Montreal - Pfd Cl B Sr 29 2.20%
Enbridge Inc - Pfd Cl A Sr 3 2.13%
Toronto-Dominion Bank - Pfd Cl B Sr 3 1.91%
Royal Bank of Canada - Pfd Sr BD 1.75%
Canadian Imperial Bank Commerce - Pfd Cl A Sr 43 1.66%
Toronto-Dominion Bank - Pfd Sr 7 1.59%
Pembina Pipeline Corp - Pfd Cl A Sr 9 1.48%
Toronto-Dominion Bank - Pfd Cl A Sr 1 1.44%
Canadian Imperial Bank Commerce - Pfd Cl A Sr 39 1.42%
Fortis Inc - Pfd Sr M 1.37%

Related Posts

At Horizons ETFs, we believe in education as empowerment. We endeavor to equip Canadian investors with the knowledge and tools they need to navigate the investing world. From the ETF basics to more complex topics like how our suite of inverse and leveraged funds work, our comprehensive learning library aims to be accessible for all investors, from beginners to experienced traders!