Horizons Active Floating Rt Sr Ln ETF E (DELISTED) (HSL.TO:DL)
8.63
0.00 (0.00%)
CAD |
TSX |
Mar 28, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.95% | -- | 5.420M | -- |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 51.02% | -13.25M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment objective of Horizons HSL is to seek to provide Unitholders with a high level of current income by investing primarily in a diversified portfolio of U.S. senior secured floating rate loans, which are generally rated below investment grade (loans rated at or below BB+ by Standard & Poor’s, or a similar rating by a designated rating organization) and debt securities, with capital appreciation as a secondary objective. Horizons HSL principally invests in a diversified portfolio of U.S. senior secured floating rate loans and debt securities which are generally rated below investment grade. Senior loans, compared to equivalently rated unsecured high yield bonds, typically offer a higher recovery rate because of the added protection offered by their secured nature. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Fixed Income |
| Category Name | Floating Rate Loans |
| Category Index | Morningstar LSTA US LL TR CAD |
| Global Category Name | Canada Fixed Income |
| YCharts Categorization | Canada Bond |
| YCharts Benchmark | Bloomberg Global Aggregate CAD (^BBGATRCAD) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Horizons ETFs Management (Canada) Inc |
| Prospectus Benchmark Index | |
| Credit Suisse Leveraged Loan USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBGATRCADH | 100.0% |
| Manager Tenure | |
| Not Disclosed | 9.39 yrs |
Performance Versus Category
Annual Total Returns Versus Peers
As of March 28, 2024.
Basic Info
| Investment Strategy | |
| The investment objective of Horizons HSL is to seek to provide Unitholders with a high level of current income by investing primarily in a diversified portfolio of U.S. senior secured floating rate loans, which are generally rated below investment grade (loans rated at or below BB+ by Standard & Poor’s, or a similar rating by a designated rating organization) and debt securities, with capital appreciation as a secondary objective. Horizons HSL principally invests in a diversified portfolio of U.S. senior secured floating rate loans and debt securities which are generally rated below investment grade. Senior loans, compared to equivalently rated unsecured high yield bonds, typically offer a higher recovery rate because of the added protection offered by their secured nature. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Fixed Income |
| Category Name | Floating Rate Loans |
| Category Index | Morningstar LSTA US LL TR CAD |
| Global Category Name | Canada Fixed Income |
| YCharts Categorization | Canada Bond |
| YCharts Benchmark | Bloomberg Global Aggregate CAD (^BBGATRCAD) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Horizons ETFs Management (Canada) Inc |
| Prospectus Benchmark Index | |
| Credit Suisse Leveraged Loan USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBGATRCADH | 100.0% |
| Manager Tenure | |
| Not Disclosed | 9.39 yrs |