HAB
Investment Objective
HAB seeks long-term capital growth and generate high income. HAB invests primarily in a portfolio of debt (including debt-like securities) of Canadian and U.S. companies, directly, or indirectly through investments in securities of other investment funds, including Listed Funds.
Fund Details
Ticker
HAB
Inception Date
July 14, 2010
Net Assets ?
$273,429,670
As at April 04, 2025
Consolidated Prior Day Volume ?
58 745
For April 04, 2025
Average Daily Trading Volume Over a 12 Month Period ?
111,005
As at April 04, 2025
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Sub-Advisor
Management Fee
0.50%
(Plus applicable sales tax)
Management Expense Ratio ?
0.59%
As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
LEI ?
549300DZ7PKY2STRPX02
Distribution Metrics
Most Recent Distributions Per Unit
$0.03250
Annualized Distribution Yield ?
3.78 %
As at April 04, 2025
12-Month Trailing Yield ?
3.73 %
Distribution Frequency
Monthly
Record Date
March 31, 2025
Portfolio Investment Metrics
As at February 28, 2025
Weighted Average Duration ?
5.81
Average Credit Quality ?
BBB+
Weighted Average Coupon ?
4.50
Weighted Average Yield to Maturity ?
4.02%
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 Corporate Bond ETF | -0.08 | 1.77 | 2.78 | 1.77 | 8.98 | 4.39 | 3.21 | 2.75 | 3.76 |
**Fund performance since inception on July 14, 2010, as at March 31, 2025
Calendar Year Performance (%) *
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
|
Horizons Active Corporate Bond ETF |
3.54 | 0.67 | 7.83 | 8.21 | -1.33 | -9.97 | 8.30 | 7.26 |
Distributions
Sector Allocation
As at February 28, 2025| Financials | 37.30% |
| Energy | 19.17% |
| Infrastructure | 11.43% |
| Communication | 11.10% |
| Real Estate | 10.31% |
| Industrial Services | 4.96% |
| Securitization | 2.26% |
| Federal | 2.00% |
| Cash & Equivalents | 0.91% |
| Municipal | 0.54% |
Credit Ratings
As at February 28, 2025| AAA | 4.41% |
| AA+ | 0.54% |
| AA | 0.71% |
| AA- | 0.03% |
| A+ | 2.11% |
| A | 13.26% |
| A- | 22.41% |
| BBB+ | 18.66% |
| BBB | 20.64% |
| BBB- | 11.30% |
| BB+ | 2.31% |
| BB | 1.74% |
| BB- | 0.32% |
| Unrated | 1.56% |
Top 10 Holdings
As at February 28, 2025| Security Name | Weight |
|---|---|
| Bank of Montreal 4.71% 07-Nov-2027 | 1.95% |
| Toronto-Dominion Bank 4.68% 08-Jan-2029 | 1.24% |
| National Bank of Canada 5.22% 14-Jun-2028 | 1.18% |
| CU Inc 4.54% 24-Oct-2041 | 1.16% |
| Royal Bank of Canada 4.64% 17-Jan-2028 | 1.13% |
| Bank of Montreal 4.42% 17-Jun-2029 | 1.07% |
| Health Montreal Collective LP 6.72% 30-Sep-2049 | 0.95% |
| Transcanada Pipelines Ltd 4.55% 15-Nov-2041 | 0.93% |
| Pembina Pipeline Corp 4.81% 25-Mar-2044 | 0.89% |
| National Bank of Canada 4.26% 15-Feb-2035 | 0.89% |
Education
Regulatory and Legal
Financial Reports
At a Glance
Investment Objective
HAB seeks long-term capital growth and generate high income. HAB invests primarily in a portfolio of debt (including debt-like securities) of Canadian and U.S. companies, directly, or indirectly through investments in securities of other investment funds, including Listed Funds.
Product Facts
Fund Details
Ticker
HAB
Inception Date
July 14, 2010
Net Assets ?
$273,429,670
As at April 04, 2025
Consolidated Prior Day Volume ?
58 745
ForApril 04, 2025
Average Daily Trading Volume Over a 12 Month Period ?
111,005
As at April 04, 2025
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Sub-Advisor
Management Fee
0.50%
(Plus applicable sales tax)
Management Expense Ratio ?
0.59%
As at June 30, 2023
Currency
CAD
Currency Hedging
N/A
LEI ?
549300DZ7PKY2STRPX02
Distribution Metrics
As at April 04, 2025
Most Recent Distributions Per Unit
0.0325
Annualized Distribution Yield ?
3.78 %
As at April 04, 2025
12-Month Trailing Yield ?
3.73 %
Distribution Frequency
Monthly
Record Date
March 31, 2025
Portfolio Investment Metrics
As at February 28, 2025
Weighted Average Duration ?
5.81
Average Credit Quality ?
BBB+
Weighted Average Coupon ?
4.50
Weighted Average Yield to Maturity ?
4.02%
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 Corporate Bond ETF | -0.08 | 1.77 | 2.78 | 1.77 | 8.98 | 4.39 | 3.21 | 2.75 | 3.76 |
**Fund performance since inception on July 14, 2010, as at March 31, 2025
Calendar Year Performance (%)
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Horizons Active Corporate Bond ETF | 3.54 | 0.67 | 7.83 | 8.21 | -1.33 | -9.97 | 8.30 | 7.26 |
Distributions
Holdings
Sector Allocation
As at February 28, 2025| Financials | 37.30% |
| Energy | 19.17% |
| Infrastructure | 11.43% |
| Communication | 11.10% |
| Real Estate | 10.31% |
| Industrial Services | 4.96% |
| Securitization | 2.26% |
| Federal | 2.00% |
| Cash & Equivalents | 0.91% |
| Municipal | 0.54% |
Credit Ratings
As at February 28, 2025| AAA | 4.41% |
| AA+ | 0.54% |
| AA | 0.71% |
| AA- | 0.03% |
| A+ | 2.11% |
| A | 13.26% |
| A- | 22.41% |
| BBB+ | 18.66% |
| BBB | 20.64% |
| BBB- | 11.30% |
| BB+ | 2.31% |
| BB | 1.74% |
| BB- | 0.32% |
| Unrated | 1.56% |
Top 10 Holdings
As at February 28, 2025| Security Name | Weight |
|---|---|
| Bank of Montreal 4.71% 07-Nov-2027 | 1.95% |
| Toronto-Dominion Bank 4.68% 08-Jan-2029 | 1.24% |
| National Bank of Canada 5.22% 14-Jun-2028 | 1.18% |
| CU Inc 4.54% 24-Oct-2041 | 1.16% |
| Royal Bank of Canada 4.64% 17-Jan-2028 | 1.13% |
| Bank of Montreal 4.42% 17-Jun-2029 | 1.07% |
| Health Montreal Collective LP 6.72% 30-Sep-2049 | 0.95% |
| Transcanada Pipelines Ltd 4.55% 15-Nov-2041 | 0.93% |
| Pembina Pipeline Corp 4.81% 25-Mar-2044 | 0.89% |
| National Bank of Canada 4.26% 15-Feb-2035 | 0.89% |
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