TORONTO – April 23, 2024 – 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 April 30, 2024, as indicated in the tables below.
The ex-dividend date for the following Distributions is anticipated to be April 29, 2024.
| ETF Name | Ticker Symbol | Distribution per Security | Frequency |
|---|---|---|---|
| Horizons Active Corporate Bond ETF | HAB | $0.03 | Monthly |
| Horizons Active Cdn Bond ETF | HAD | $0.02 | Monthly |
| Horizons Active Global Fixed Income ETF | HAF | $0.04 | Monthly |
| Horizons Active Hybrid Bond and Preferred Share ETF | HYBR | $0.03 | Monthly |
| Horizons Active Ultra-Short Term Investment Grade Bond ETF | HFR | $0.04 | Monthly |
| Horizons Active Cdn Municipal Bond ETF | HMP | $0.02 | Monthly |
| Horizons Active Preferred Share ETF | HPR | $0.03 | Monthly |
| Horizons Canadian Utility Services High Dividend Index ETF | UTIL | $0.08 | Monthly |
| Horizons Conservative Asset Allocation ETF | HCON | $0.03 | Monthly |
| Horizons Balanced Asset Allocation ETF | HBAL | $0.03 | Monthly |
| Horizons Growth Asset Allocation ETF | HGRW | $0.04 | Monthly |
| Horizons All-Equity Asset Allocation ETF | HEQT | $0.03 | Monthly |
| Horizons Equal Weight Banks Index ETF | HBNK | $0.09 | Monthly |
| Horizons Equal Weight Canadian Bank Covered Call ETF | BKCC | $0.15 | Monthly |
| Horizons Canadian Oil and Gas Equity Covered Call ETF | ENCC | $0.13 | Monthly |
| Horizons US Large Cap Equity Covered Call ETF(1) | USCC.U | $0.12 | Monthly |
| USCC | $0.12 | Monthly | |
| Horizons NASDAQ-100 Covered Call ETF | QQCC | $0.11 | Monthly |
| Horizons Canadian Large Cap Equity Covered Call ETF | CNCC | $0.10 | Monthly |
| Horizons Gold Yield ETF | HGY | $0.05 | Monthly |
| Horizons Gold Producer Equity Covered Call ETF | GLCC | $0.22 | Monthly |
| Horizons Enhanced Equal Weight Banks Index ETF | BNKL | $0.10 | Monthly |
| Horizons Enhanced Equal Weight Canadian Banks Covered Call ETF | BKCL | $0.25 | Monthly |
| Horizons Enhanced S&P/TSX 60 Index ETF | CANL | $0.07 | Monthly |
| Horizons Enhanced Canadian Large Cap Equity Covered Call ETF | CNCL | $0.20 | Monthly |
| Horizons Enhanced US Large Cap Equity Covered Call ETF | USCL | $0.23 | Monthly |
| Horizons Enhanced NASDAQ-100 Covered Call ETF | QQCL | $0.25 | Monthly |
| Horizons Enhanced Canadian Oil and Gas Equity Covered Call ETF | ENCL | $0.29 | Monthly |
| Horizons Enhanced All-Equity Asset Allocation Covered Call ETF | EQCL | $0.21 | Monthly |
| Horizons Enhanced All-Equity Asset Allocation ETF | HEQL | $0.04 | Monthly |
| Horizons Growth Asset Allocation Covered Call ETF | GRCC | $0.15 | Monthly |
| Horizons Short-Term U.S. Treasury Premium Yield ETF(2) | SPAY.U | $0.13 | Monthly |
| SPAY | $0.13 | Monthly | |
| Horizons Mid-Term U.S. Treasury Premium Yield ETF(2) | MPAY.U | $0.15 | Monthly |
| MPAY | $0.15 | Monthly | |
| Horizons Long-Term U.S. Treasury Premium Yield ETF(2) | LPAY.U | $0.18 | Monthly |
| LPAY | $0.18 | Monthly |
The ex-dividend date for the following Distributions is anticipated to be April 30, 2024.
| ETF Name | Ticker Symbol | Distribution per Security | Frequency |
| Horizons High Interest Savings ETF | CASH | $0.19500 | Monthly |
| Horizons 0-3 Month T-Bill ETF | CBIL | $0.20000 | Monthly |
| Horizons 0-3 Month U.S. T-Bill ETF (3) | UBIL.U | $0.21500 | Monthly |
| Horizons USD High Interest Savings ETF (4) | UCSH.U | $0.22000 | Monthly |
The record date for all ETFs will be April 30, 2024. 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 May 7, 2024.
(1) 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 $0.16443 per security. For securityholders who hold the Canadian dollar-traded USCC, the securityholder’s account holder will typically convert distribution payments to Canadian dollars.
(2) Distributions 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 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 $0.17128 per security, for MPAY is $0.20554 per security and for LPAY is $0.23979 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.
(3) Distributions for the Horizons 0-3 Month U.S. T-Bill ETF are declared and paid in U.S. dollars.
(4) Distributions for Horizons USD High Interest Savings 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 $30 billion of assets under management and 108 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 19 global markets around the world.
For further information:
info@horizonsetfs.com (416) 933-5745 or (866) 641-5739