Horizons Preferred Share ETF announced dividend of $0.03601 per share on class E units and dividend of $0.03185 per share on advisor class unit for the period ending May 31, 2012. The ex-dividend date for the distributions is anticipated to be May 29, 2012, for all unit holders of record on May 31, 2012. The distributions will be payable in cash or, if the unit holder has enrolled in the dividend reinvestment plan, reinvested in additional units, on or about June 12, 2012.