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TSE:HFR ETF Price & Analysis

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HFR ETF Chart & Stats

ETF Overview

Horizon FltgRtBnd Un

The Horizon Floating Rate Bond ETF (TSE:HFR) is a sophisticated financial instrument designed for investors seeking exposure to high-quality corporate bonds with the added advantage of floating interest rates. This Exchange Traded Fund (ETF) strategically positions itself within the corporate bond category, with a primary focus on investment-grade securities. As a broad-based fund, HFR offers diversification across a range of corporate bonds, ensuring a robust investment portfolio for its holders. What sets HFR apart is its distinct niche in the short-term bond market. By investing in short-term floating rate bonds, the ETF provides a unique opportunity to mitigate interest rate risk, as floating rate securities adjust their coupon payments in line with prevailing interest rates. This makes it an attractive option for investors looking to shield their portfolios from interest rate volatility while maintaining exposure to high-quality corporate issuers. HFR is meticulously crafted to deliver consistent income with reduced duration risk, making it an ideal choice for conservative investors who prioritize capital preservation and stable returns. As an investment-grade focused ETF, it ensures that investors are exposed to bonds with lower default risk, thereby enhancing the overall credit quality of the portfolio. With its strategic focus on short-term duration and floating rates, the Horizon Floating Rate Bond ETF is a compelling choice for those seeking a balance of security and income in a dynamic interest rate environment.

Horizon FltgRtBnd Un (HFR) Fund Flow Chart

Horizon FltgRtBnd Un (HFR) 1 year Net Flows: C$12M

HFR ETF FAQ

What was TSE:HFR’s price range in the past 12 months?
TSE:HFR lowest ETF price was C$9.87 and its highest was C$10.11 in the past 12 months.
    What is the AUM of TSE:HFR?
    As of Feb 21, 2025 The AUM of TSE:HFR is 431.23M.
      Is TSE:HFR overvalued?
      According to Wall Street analysts TSE:HFR’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does TSE:HFR pay dividends?
        TSE:HFR does not currently pay dividends.
        How many shares outstanding does TSE:HFR have?
        Currently, no data Available
        Which hedge fund is a major shareholder of TSE:HFR?
        Currently, no hedge funds are holding shares in TSE:HFR

        Top 10 Holdings

        Name
        Weight %
        USD_CASH
        Toronto-Dominion Bank 4.68% 08-JAN-2029
        2.41%
        USD_CASH
        Federation des caisses Desjardins du Quebec 2.856% 26-MAY-2030
        2.24%
        USD_CASH
        TransCanada PipeLines Limited 3.8% 05-APR-2027
        1.69%
        USD_CASH
        Wells Fargo & Company 3.874% 21-MAY-2025
        1.51%
        USD_CASH
        Manulife Financial Corporation 4.061% 24-FEB-2032
        1.50%
        USD_CASH
        Rogers Communications Inc. 3.65% 31-MAR-2027
        1.41%
        USD_CASH
        Bank of Nova Scotia 4.68% 01-FEB-2029
        1.25%
        USD_CASH
        National Bank of Canada 5.219% 14-JUN-2028
        1.23%
        USD_CASH
        Royal Bank of Canada 3.369% 29-SEP-2025
        1.21%
        USD_CASH
        Bank of Nova Scotia 1.85% 02-NOV-2026
        1.15%
        Total15.61%
        See All Holdings
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