Annualized Distribution Yield The most recent regular distribution (excluding additional year end distributions) annualized for frequency, divided by current NAV
As at March 22, 2024
4.76%
HUF.U is a U.S. dollar-denominated corporate bond ETF designed to generate income that is consistent with prevailing U.S. short-term corporate bond yields while stabilizing the market value of the ETF from the effects of U.S. interest rate fluctuations to generally maintain a portfolio duration of less than one year.
By focusing on floating-rate bonds, HUF.U seeks to stabilize the market value of the ETF from the effects of U.S. interest rate fluctuations, potentially mitigating downside risk associated with interest rate changes.
High-quality, investment-grade U.S. corporate bonds selected for inclusion in HUF.U's portfolio are chosen based on Fiera Capital's view on their industry and growth prospects, allowing for strategic positioning within sectors with promising growth potential.
Price
$0.00
$0.00
0.00%
Annualized Distribution Yield The most recent regular distribution (excluding additional year end distributions) annualized for frequency, divided by current NAV
4.76%
Risk Rating: Risk Rating is based on how much the ETF's returns have changed from year to year. It doesn't tell you how volatile the ETF will be in the future. The rating can change overtime. An ETF with a low risk rating can still lose money.
Low
Ticker
HUF.U
CUSIP
44051R114
Inception Date
February 14, 2012
Net Assets The value of all assets, less the value of all liabilities, at a particular point in time. (Includes all classes of this ETF)
$11,668,238
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
500
Average Daily Trading Volume Over a 12 Month Period The ETF’s aggregate average daily trading volume over a 12 month period traded on all Canadian exchanges
3,734
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc
Sub-Advisor
Fiera Capital Corporation
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.40% (Plus applicable sales tax)
Currency
USD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI The LEI is the Legal Entity Identifier, which is an identification code under international standards for the accurate identification of legal entities like the ETF.
549300P2EUBA14VY5145
As at February 29, 2024
Most Recent Distributions per Unit
$0.04000
Annualized Distribution Yield
4.76%
Distribution Frequency
Monthly
Record Date
February 29, 2024
Price
$0.00
Outstanding Shares
1,175,962
As at February 29, 2024
Weighted Average Duration
0.59
Weighted Average Coupon
5.03
Weighted Average Yield to Maturity
4.50
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.
|
dates |
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Horizons Active Ultra-Short Term US Investment Grade Bond ETF | - | - | - | - | - | - | - | - |
| Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Distribution Period |
|---|---|---|---|---|
| February 28, 2024 | February 29, 2024 | March 7, 2024 | 0.04000 | Monthly |
| January 30, 2024 | January 31, 2024 | February 7, 2024 | 0.04000 | Monthly |
As at February 29, 2024
Category
Weight
Financials
68.00%
Communication
8.23%
Cash & Equivalents
6.32%
Energy
6.14%
Infrastructure
4.76%
Industrial Services
3.29%
Real Estate
3.01%
Securitization
0.26%
Holdings are subject to change.
As at February 29, 2024
Category
Weight
AAA
2.69%
AA
0.37%
A
0.77%
A-
39.84%
BBB+
31.45%
BBB
16.79%
BBB-
4.95%
BB+
1.19%
BB
1.35%
Unrated
0.61%
Holdings are subject to change.
As at February 29, 2024
Category
Weight
United States
63.15%
Canada
36.84%
Others
%
Holdings are subject to change.
As at February 29, 2024
Security Name
Weight
Wells Fargo & Co - Pfd
10.30%
Manulife Financial Corp 4.06% 24-Feb-2027
9.36%
JPMorgan Chase & Co 2.08% 22-Apr-2025
7.93%
Bank of America Corp 5.20% 25-Apr-2028
6.22%
Morgan Stanley 5.45% 20-Jul-2028
4.13%
Goldman Sachs Group Inc 3.69% 05-Jun-2027
3.94%
Citigroup Inc - Pfd
3.54%
Verizon Communications Inc 2.36% 15-Dec-2031
3.41%
NATIONAL BANK OF CANADA 5.60% 18-Dec-2028
2.51%
Canadian Imperial Bank Commrce 5.00% 28-Mar-2028
2.16%
Holdings are subject to change.