Each ETF is required to distribute any net income and capital gains that they have earned in the year. All of the Distributions indicated as "Cash Distribution per Unit" in the table (the "Cash Distributions") will be paid in cash unless the unitholder has enrolled in the dividend reinvestment plan ("DRIP") of the respective ETF.
The annual non-cash Distributions, indicated as "Reinvested Annual Non-Cash Distributions per Unit (Est.)" in the table (the "Non-Cash Distributions"), will not be paid in cash but will be reinvested and reported as taxable Distributions and will be used to increase each unitholder's adjusted cost base of their units of the respective ETF. The Non-Cash Distributions will be reinvested automatically in additional units of the respective ETFs and immediately consolidated so that the number of units held by the unitholder, the units outstanding of the ETFs and the net asset value of the ETFs will not change as a result of the Non-Cash Distributions. The annual Non-Cash Distribution rates in the table below are presented on an estimated basis. A press release confirming the final annual Non-Cash Distribution rates will be disseminated on or about the record date of the Distributions.
The ex-dividend date for the Distributions is anticipated to be
Horizons ETFs has made an additional announcement regarding the December distributions for its family of covered call ETFs in a separate press release.
ETF Name | Ticker Symbol | Cash Distribution per Unit | Annualized Yield* | Frequency | Reinvested Annual Non-Cash Distribution per Unit (Est.) |
Horizons Blockchain Technology & Hardware Index ETF(1) | BKCH | 1.51% | Annually | - | |
BKCH.U | 1.51% | Annually | - | ||
DLR.U | 1.08% | - | |||
DLR | 1.08% | - | |||
Horizons Global Sustainability Leaders Index ETF | ETHI | 0.62% | Quarterly | - | |
Horizons Industry 4.0 Index ETF | FOUR | - | - | Annually | |
Horizons Active Corporate Bond ETF | HAB | 2.93% | Monthly | - | |
HAC | - | - | Annually | ||
HAD | 2.01% | Monthly | - | ||
Horizons Active Global Fixed Income ETF | HAF | 5.57% | Monthly | - | |
Horizons Active Emerging Markets Dividend ETF | HAJ | 2.14% | Quarterly | - | |
Horizons Active Cdn Dividend ETF | HAL | 3.01% | Quarterly | ||
Horizons Active US Dividend ETF(3) | HAU | 1.61% | Quarterly | ||
HAU.U | 1.61% | Quarterly | |||
HAZ | 2.20% | Quarterly | |||
Horizons Balanced TRI ETF Portfolio | HBAL | $0.02081 | 0.19% | Annually | - |
HCN | 5.12% | Quarterly | - | ||
Horizons Conservative TRI ETF Portfolio | HCON | 0.03% | Annually | - | |
Horizons Active Emerging Markets Bond ETF | HEMB | 7.45% | Monthly | - | |
Horizons S&P/TSX 60 Equal Weight Index ETF | HEW | 1.88% | Quarterly | - | |
Horizons Active Floating Rate Preferred Share ETF | HFP | 4.84% | Monthly | - | |
Horizons Active Floating Rate Bond ETF | HFR | 3.01% | Monthly | - | |
Horizons Managed Global Opportunities ETF | HGM | 3.32% | Semi-Annual | - | |
Horizons Growth TRI ETF Portfolio | HGRO | 0.23% | Annually | - | |
Horizons Cdn Insider Index ETF | HII | 2.69% | Quarterly | - | |
Horizons Marijuana Life Sciences Index ETF(4) | HMMJ | 11.83% | Quarterly | - | |
HMMJ.U | 11.83% | Quarterly | - | ||
Horizons Active Cdn Municipal Bond ETF | HMP | 3.38% | Monthly | - | |
Horizons Emerging Marijuana Growers Index ETF(5) | HMJR | 3.65% | - | ||
HOG | 4.19% | Quarterly | - | ||
HPR | 4.92% | Monthly | - | ||
Horizons Global Risk Parity ETF | HRA | 0.88% | Annually | ||
Horizons Active Floating Rate Senior Loan ETF | HSL | 3.87% | Monthly | - | |
Horizons Active US Floating Rate Bond (USD) ETF(6) | HUF.U | 3.32% | Monthly | - | |
HUF | 3.32% | Monthly | - | ||
Horizons Global Uranium Index ETF | HURA | 0.82% | Annually | - | |
Horizons Active High Yield Bond ETF | HYI | 5.02% | Monthly | - | |
Horizons Inovestor Canadian Equity Index ETF | INOC | 1.95% | Quarterly | - | |
Horizons Active A.I. Global Equity ETF | MIND | 0.91% | Annually | ||
Horizons Robotics and Automation Index ETF(7) | RBOT | 0.66% | Annually | - | |
RBOT.U | 0.66% | Annually | - |
* Based on the applicable | |
(1) | Distributions for Horizons Blockchain Technology & Hardware Index ETF are declared and paid in Canadian dollars, including those listed under the |
(2) | Distributions for the |
(3) | Distributions for Horizons Active US Dividend ETF are declared and paid in Canadian dollars, including those listed under the |
(4) | Distributions for Horizons Marijuana Life Sciences Index ETF are declared and paid in Canadian dollars, including those listed under the |
(5) | Distributions for Horizons Emerging Marijuana Growers Index ETF are declared at the discretion of Horizons ETFs and may not be announced with a set frequency. |
(6) | Distributions for the Horizons Active US Floating Rate Bond (USD) ETF are declared and paid in |
(7) | Distributions for Horizons Robotics and Automation Index ETF are declared and paid in Canadian dollars, including those listed under the |
Distributions for the ETFs will vary from period to period. For further information regarding the Distributions, please visit www.HorizonsETFs.com.
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Commissions, management fees and expenses all may be associated with an investment in exchange traded products (the "Horizons Exchange Traded Products") managed by
Certain statements may constitute a forward-looking statement, including those identified by the expression "expect" and similar expressions (including grammatical variations thereof). The forward-looking statements are not historical facts but reflect the author's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These and other factors should be considered carefully and readers should not place undue reliance on such forward looking statements. These forward-looking statements are made as of the date hereof and the authors do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable law.
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