HYI

Horizons Active High Yield Bond ETF

At a Glance Product Facts Performance and Distributions Holdings Documents

Investment Objective

HYI seeks to provide Unitholders with: (i) high total return income; and (ii) monthly distributions. HYI invests, directly or indirectly, primarily in high-yield debt securities of North American companies. HYI may also invest, directly or indirectly, in convertible debentures, preferred shares (including securities convertible into preferred shares), mortgage backed securities and other income generating debt (including debt-like securities).

The ETF’s portfolio sub-advisor changed effective November 5, 2020.

Price

$7.62

$0.05

0.66%

NAV

$7.5820

$-0.0123

-0.16%

Volume

5818

Last Close

$7.57

Estimated Annualized Yield

6.79%

Prices delayed by 15 minutes.

Last Trade: March 22, 2023 , 09:55 AM

Active

Fixed Income

Risk Rating:

Fund Details

Ticker

HYI

Inception Date

February 14, 2012

Net Assets

$63,285,775

As at March 21, 2023

Consolidated Prior Day Volume

44,085

For March 21, 2023

Average Daily Trading Volume Over a 12 Month Period

103,419

As at March 21, 2023

Exchange

Toronto Stock Exchange

Investment Manager

Horizons ETFs Management (Canada) Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Sub-Advisor

DMAT Capital Management Inc.

Management Fee

0.60%

(Plus applicable sales tax)

Management Expense Ratio

0.71%

As at June 30, 2022

Currency

CAD

Currency Hedging

Seeks to hedge its non-Canadian dollar currency exposure, if any, at all times

LEI

549300LPRVF0WXOP7O87

Distribution Metrics

Most Recent Distributions Per Unit

0.04302

Estimated Annualized Yield

6.79 %

12-Month Trailing Yield

7.32 %

Distribution Frequency

Monthly

Record Date

February 28, 2023

Price and NAV

As at March 21, 2023

NAV / Unit

$7.5820

Price

$7.63

Premium Discount

$0.05

Premium Discount Percentage

0.63%

Outstanding Shares

8,346,874

Portfolio Investment Metrics

As at February 28, 2023

Weighted Average Duration

2.70

Average Credit Quality

Weighted Average Coupon

4.89

Weighted Average Yield to Maturity

7.29

Daily Nav

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.

Growth of 10K

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 High Yield Bond ETF	-0.37	1.88	1.00	1.83	-8.11	-1.37	0.57	2.59	3.72

**Fund performance since inception on February 14, 2012, as at February 28, 2023

Calendar Year Performance (%) *

	2015	2016	2017	2018	2019	2020	2021	2022
Horizons Active High Yield Bond ETF	-4.83	15.67	5.85	-4.48	13.96	0.78	5.18	-12.34

Distributions

Year	Ex-Dividend Date	Record Date	Payment Date	Payment Amount	Reinvested Non-Cash Distributions	Distribution Period
2023	02/27/2023	02/28/2023	03/07/2023	0.04302	—	Monthly
2023	01/30/2023	01/31/2023	02/10/2023	0.04302	—	Monthly
2022	12/29/2022	12/30/2022	01/12/2023	0.04589	—	Monthly
2022	11/29/2022	11/30/2022	12/12/2022	0.04589	—	Monthly
2022	10/28/2022	10/31/2022	11/10/2022	0.04589	—	Monthly
2022	09/28/2022	09/29/2022	10/13/2022	0.04589	—	Monthly
2022	08/30/2022	08/31/2022	09/13/2022	0.04589	—	Monthly
2022	07/28/2022	07/29/2022	08/11/2022	0.04589	—	Monthly
2022	06/29/2022	06/30/2022	07/13/2022	0.04921	—	Monthly
2022	05/30/2022	05/31/2022	06/10/2022	0.04921	—	Monthly
2022	04/28/2022	04/29/2022	05/11/2022	0.04921	—	Monthly
2022	03/30/2022	03/31/2022	04/12/2022	0.0468	—	Monthly
2022	02/25/2022	02/28/2022	03/10/2022	0.0468	—	Monthly
2022	01/28/2022	01/31/2022	02/10/2022	0.0468	—	Monthly
2021	12/30/2021	12/31/2021	01/13/2022	0.04524	—	Monthly
2021	11/29/2021	11/30/2021	12/10/2021	0.03104	—	Monthly
2021	10/28/2021	10/29/2021	11/10/2021	0.03104	—	Monthly
2021	09/28/2021	09/29/2021	10/13/2021	0.02758	—	Monthly
2021	08/30/2021	08/31/2021	09/13/2021	0.02758	—	Monthly
2021	07/29/2021	07/30/2021	08/12/2021	0.02758	—	Monthly
2021	06/29/2021	06/30/2021	07/13/2021	0.03047	—	Monthly
2021	05/28/2021	05/31/2021	06/10/2021	0.0305	—	Monthly
2021	04/29/2021	04/30/2021	05/12/2021	0.0305	—	Monthly
2021	03/30/2021	03/31/2021	04/13/2021	0.0315	—	Monthly
2021	02/25/2021	02/26/2021	03/10/2021	0.0325	—	Monthly
2021	01/28/2021	01/29/2021	02/10/2021	0.0465	—	Monthly
2020	12/30/2020	12/31/2020	01/13/2021	0.0465	—	Monthly
2020	11/27/2020	11/30/2020	12/10/2020	0.0465	—	Monthly
2020	10/29/2020	10/30/2020	11/12/2020	0.0465	—	Monthly
2020	09/29/2020	09/30/2020	10/13/2020	0.0465	—	Monthly
2020	08/28/2020	08/31/2020	09/11/2020	0.0465	—	Monthly
2020	07/30/2020	07/31/2020	08/13/2020	0.0465	—	Monthly
2020	06/29/2020	06/30/2020	07/13/2020	0.0542	—	Monthly
2020	05/28/2020	05/29/2020	06/10/2020	0.0542	—	Monthly
2020	04/29/2020	04/30/2020	05/12/2020	0.0542	—	Monthly
2020	03/30/2020	03/31/2020	04/13/2020	0.0485	—	Monthly
2020	02/27/2020	02/28/2020	03/11/2020	0.0485	—	Monthly
2020	01/30/2020	01/31/2020	02/12/2020	0.0485	—	Monthly
2019	12/30/2019	12/31/2019	01/13/2020	0.0406	—	Monthly
2019	11/28/2019	11/29/2019	12/11/2019	0.0498	—	Monthly
2019	10/30/2019	10/31/2019	11/13/2019	0.0498	—	Monthly
2019	09/27/2019	09/30/2019	10/10/2019	0.0471	—	Monthly
2019	08/29/2019	08/30/2019	09/12/2019	0.0471	—	Monthly
2019	07/30/2019	07/31/2019	08/13/2019	0.0471	—	Monthly
2019	06/27/2019	06/28/2019	07/11/2019	0.0502	—	Monthly
2019	05/30/2019	05/31/2019	06/12/2019	0.0502	—	Monthly
2019	04/29/2019	04/30/2019	05/10/2019	0.0502	—	Monthly
2019	03/28/2019	03/29/2019	04/10/2019	0.052	—	Monthly
2019	02/27/2019	02/28/2019	03/12/2019	0.052	—	Monthly
2019	01/30/2019	01/31/2019	02/12/2019	0.052	—	Monthly
2018	12/28/2018	12/31/2018	01/11/2019	0.0592	—	Monthly
2018	11/29/2018	11/30/2018	12/12/2018	0.0552	—	Monthly
2018	10/30/2018	10/31/2018	11/13/2018	0.0518	—	Monthly
2018	09/27/2018	09/28/2018	10/11/2018	0.0521	—	Monthly
2018	08/30/2018	08/31/2018	09/13/2018	0.0521	—	Monthly
2018	07/30/2018	07/31/2018	08/13/2018	0.0521	—	Monthly
2018	06/28/2018	06/29/2018	07/12/2018	0.0495	—	Monthly
2018	05/30/2018	05/31/2018	06/12/2018	0.0495	—	Monthly
2018	04/27/2018	04/30/2018	05/10/2018	0.0495	—	Monthly
2018	03/28/2018	03/29/2018	04/11/2018	0.0492	—	Monthly
2018	02/27/2018	02/28/2018	03/12/2018	0.0492	—	Monthly
2018	01/30/2018	01/31/2018	02/12/2018	0.0492	—	Monthly
2017	12/28/2017	12/29/2017	01/11/2018	0.0486	0.10260	Monthly
2017	11/29/2017	11/30/2017	12/12/2017	0.0486	—	Monthly
2017	10/30/2017	10/31/2017	11/10/2017	0.0486	—	Monthly
2017	09/28/2017	09/29/2017	10/12/2017	0.0458	—	Monthly
2017	08/29/2017	08/31/2017	09/13/2017	0.0458	—	Monthly
2017	07/27/2017	07/31/2017	08/11/2017	0.0458	—	Monthly
2017	06/28/2017	06/30/2017	07/13/2017	0.0496	—	Monthly
2017	05/29/2017	05/31/2017	06/12/2017	0.0496	—	Monthly
2017	04/25/2017	04/27/2017	05/09/2017	0.0496	—	Monthly
2017	03/29/2017	03/31/2017	04/12/2017	0.0497	—	Monthly
2017	02/24/2017	02/28/2017	03/10/2017	0.0497	—	Monthly
2017	01/27/2017	01/31/2017	02/10/2017	0.0497	—	Monthly
2016	12/28/2016	12/30/2016	01/12/2017	0.0481	—	Monthly
2016	11/28/2016	11/30/2016	12/01/2016	0.0481	—	Monthly
2016	10/27/2016	10/31/2016	11/10/2016	0.0481	—	Monthly
2016	09/28/2016	09/30/2016	10/13/2016	0.048	—	Monthly
2016	08/29/2016	08/31/2016	09/13/2016	0.0481	—	Monthly
2016	07/27/2016	07/29/2016	08/11/2016	0.048	—	Monthly
2016	06/28/2016	06/30/2016	07/13/2016	0.0477	—	Monthly
2016	05/27/2016	05/31/2016	06/19/2016	0.0477	—	Monthly
2016	04/27/2016	04/29/2016	05/11/2016	0.0477	—	Monthly
2016	03/29/2016	03/31/2016	04/12/2016	0.0488	—	Monthly
2016	02/25/2016	02/29/2016	03/10/2016	0.0488	—	Monthly
2016	01/27/2016	01/29/2016	02/10/2016	0.0488	—	Monthly
2015	12/29/2015	12/31/2015	01/13/2016	0.0495	—	Monthly
2015	11/26/2015	11/30/2015	12/10/2015	0.0444	—	Monthly
2015	10/28/2015	10/31/2015	11/12/2015	0.0444	—	Monthly
2015	09/28/2015	09/30/2015	10/13/2015	0.0509	—	Monthly
2015	08/27/2015	08/31/2015	09/11/2015	0.0509	—	Monthly
2015	07/29/2015	07/31/2015	08/13/2015	0.0509	—	Monthly
2015	06/26/2015	06/30/2015	07/13/2015	0.0469	—	Monthly
2015	05/27/2015	05/29/2015	06/10/2015	0.0469	—	Monthly
2015	04/28/2015	04/30/2015	05/12/2015	0.0469	—	Monthly
2015	03/27/2015	03/31/2015	04/13/2015	0.054	—	Monthly
2015	02/25/2015	02/27/2015	03/11/2015	0.054	—	Monthly
2015	01/28/2015	01/30/2015	02/11/2015	0.054	—	Monthly
2014	12/29/2014	12/31/2014	01/13/2015	0.06	—	Monthly
2014	11/26/2014	11/28/2014	12/10/2014	0.06	—	Monthly
2014	10/29/2014	10/31/2014	11/12/2014	0.0501	—	Monthly
2014	09/26/2014	09/30/2014	10/10/2014	0.0529	—	Monthly
2014	08/27/2014	08/29/2014	09/11/2014	0.0529	—	Monthly
2014	07/29/2014	07/31/2014	08/13/2014	0.0529	—	Monthly
2014	06/26/2014	06/30/2014	07/11/2014	0.0532	—	Monthly
2014	05/28/2014	05/30/2014	06/11/2014	0.0532	—	Monthly
2014	04/28/2014	04/30/2014	05/12/2014	0.0532	—	Monthly
2014	03/27/2014	03/31/2014	04/10/2014	0.059	—	Monthly
2014	02/26/2014	02/28/2014	03/10/2014	0.059	—	Monthly
2014	01/29/2014	01/31/2014	02/12/2014	0.059	—	Monthly
2013	12/27/2013	12/31/2013	01/13/2014	0.1205	—	Monthly
2013	11/27/2013	11/29/2013	12/11/2013	0.0542	—	Monthly
2013	10/29/2013	10/31/2013	11/12/2013	0.0542	—	Monthly
2013	09/26/2013	09/30/2013	10/10/2013	0.0522	—	Monthly
2013	08/28/2013	08/30/2013	09/12/2013	0.0522	—	Monthly
2013	07/29/2013	07/31/2013	08/13/2013	0.0522	—	Monthly
2013	06/26/2013	06/28/2013	07/11/2013	0.0552	—	Monthly
2013	05/29/2013	05/31/2013	06/12/2013	0.0552	—	Monthly
2013	04/26/2013	04/30/2013	05/10/2013	0.0541	—	Monthly
2013	03/26/2013	03/28/2013	04/10/2013	0.0554	—	Monthly
2013	02/26/2013	02/28/2013	03/12/2013	0.0501	—	Monthly
2013	01/29/2013	01/31/2013	02/12/2013	0.0523	—	Monthly
2012	12/27/2012	12/31/2012	01/11/2013	0.0592	0.12080	Monthly
2012	11/28/2012	11/30/2012	12/12/2012	0.0592	—	Monthly
2012	10/29/2012	10/31/2012	11/09/2012	0.0592	—	Monthly
2012	09/26/2012	09/28/2012	10/11/2012	0.0595	—	Monthly
2012	08/29/2012	08/31/2012	09/13/2012	0.0617	—	Monthly
2012	07/27/2012	07/31/2012	08/13/2012	0.0615	—	Monthly
2012	06/27/2012	06/29/2012	07/12/2012	0.0585	—	Monthly
2012	05/29/2012	05/31/2012	06/12/2012	0.06	—	Monthly
2012	04/26/2012	04/30/2012	05/10/2012	0.058	—	Monthly
2012	03/28/2012	03/30/2012	04/12/2012	0.0895	—	Monthly

Sector Allocation

As at February 28, 2023

Industrial Services	13.05%
Consumer Goods	12.03%
Health Care	11.64%
Energy	11.53%
Comms	10.97%
Cash	10.63%
Materials	8.20%
Technology	4.82%
Financials	4.52%
Real Estate	4.42%
Government	4.10%
Utilities	4.10%

Credit Ratings

As at February 28, 2023

AAA	14.74%
BB	40.45%
B	37.46%
CCC	2.91%
Unrated	4.45%

Geographic Exposure

As at February 28, 2023

United States	88.23%
Canada	11.77%

Top 10 Holdings

As at February 28, 2023

Security Name	Weight
TransDigm Inc 8.00% 15-Dec-2025	4.56%
CCO Holdings LLC 5.50% 01-May-2026	4.25%
Univision Communications Inc 5.13% 15-Feb-2025	4.21%
AmeriGas Partners LP 5.50% 20-May-2025	4.17%
United States Treasury 3.50% 15-Feb-2033	4.17%
CommScope Inc 6.00% 01-Mar-2026	4.12%
Delta Air Lines Inc 3.75% 28-Oct-2029	3.74%
Tenet Healthcare Corp 6.13% 01-Oct-2028	3.59%
Teva Pharmaceuticl Fnce III BV 3.15% 01-Oct-2026	2.69%
Starwood Property Trust Inc 3.75% 31-Dec-2024	2.66%

Education

PDF

Product Sheet

pdf

Quarterly Commentary

Regulatory and Legal

pdf

Prospectus

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pdf

Investment Objective

Fund Details

Daily Nav

Growth of 10K

Annualized Performance (%) *

Calendar Year Performance (%) *

Distributions

Sector Allocation

Credit Ratings

Geographic Exposure

Top 10 Holdings

Education

Product Sheet

Quarterly Commentary

Regulatory and Legal

Prospectus

Regulatory ETF Fact Sheet

Financial Reports

2022 Interim Report

2022 Q1 Summary

2021 Annual Report

2021 Q3 Summary

2021 Interim Report

2021 Q1 Summary

2020 Annual Report

2020 Q3 Summary

Investment Objective

Fund Details

Daily Nav

Growth of 10K

Annualized Performance (%) *

Calendar Year Performance (%)

Distributions

Sector Allocation

Credit Ratings

Geographic Exposure

Top 10 Holdings

Education

Product Sheet

Quarterly Commentary

Regulatory and Legal

Prospectus

Regulatory ETF Fact Sheet

Financial Reports

2022 Interim Report

2022 Q1 Summary

2021 Annual Report

2021 Q3 Summary

2021 Interim Report

2021 Q1 Summary

2020 Annual Report

2020 Q3 Summary

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