Tabula ICAV (TAGD) Declares Final Distribution for Janus Henderson Haitong Asia ex-Japan High Yield Bond ETFs Ahead of July 2026 Payment

Tabula ICAV Confirms Distribution Rates for GBP-Hedged and EUR-Hedged Asia High Yield ETF Share Classes

Tabula ICAV has formally declared a final distribution covering two distributing share classes of the Janus Henderson Haitong Asia ex-Japan High Yield Corporate USD Bond Screened Core UCITS ETF. The GBP-Hedged Distributing share class, carrying ISIN code IE000XIITCN5, will pay a distribution rate of GBP 0.1645 per unit. The EUR-Hedged Distributing share class, identified by ISIN IE000DOZYQJ7, will pay EUR 0.2293 per unit. Both payments relate to the final distribution period ending 18th June 2026.

The two rates reflect the income generated by the respective hedged share classes over the relevant distribution period. Because the underlying fund is denominated in US dollars but the distributing share classes are hedged into GBP and EUR respectively, the per-unit distribution amounts are expressed in the hedged currency rather than USD. Investors holding units in these share classes via a broker or platform should expect to receive the applicable distribution in their designated currency, subject to the completion of the standard settlement and payment process by 9th July 2026.

Key Dates Investors in Janus Henderson Haitong Asia ex-Japan High Yield ETF Must Note

The announcement sets out a clear schedule of dates that will govern eligibility and payment for the declared distribution. The ex-dividend date falls on 25th June 2026. Under standard market convention, investors who purchase units on or after this date will not be entitled to the current distribution; only those holding units prior to this point will qualify. The record date is 26th June 2026, which is the date on which the register of eligible unitholders will be formally determined.

The payment date is confirmed as 9th July 2026, meaning unitholders on the register at the record date should expect to receive their distribution approximately two weeks after the ex-dividend date. Investors using nominee accounts or third-party platforms should be aware that internal processing timelines may vary slightly, and it is advisable to check directly with the relevant platform or Custodian regarding the precise Credit date for income payments.

About the Janus Henderson Haitong Asia ex-Japan High Yield Corporate Bond ETF Strategy

The Janus Henderson Haitong Asia ex-Japan High Yield Corporate USD Bond Screened Core UCITS ETF is designed to provide exposure to high-yield corporate bonds issued by companies domiciled in Asian markets, explicitly excluding Japan. The fund focuses on USD-denominated Debt instruments, which means the underlying portfolio carries US dollar exposure at the asset level. The screened element of the fund's mandate indicates the application of certain exclusionary criteria, typically relating to environmental, social, and governance (ESG) considerations or other defined screens, though the specific screening methodology is not detailed within this announcement.

The UCITS structure — Undertakings for the Collective Investment in Transferable Securities — means the fund is regulated under the European Union's UCITS framework and is domiciled in Ireland under the Tabula ICAV umbrella. This structure provides a standardised regulatory environment and passportability across EU member states and certain other jurisdictions. The Janus Henderson and Haitong branding reflects the investment management Partnership underpinning the fund's strategy, combining Janus Henderson's established ETF and fixed-income capabilities with Haitong's specialist Asian credit expertise.

Currency Hedging in the GBP and EUR Share Classes and Its Impact on Distribution Amounts

Because the fund's underlying Assets are denominated in US dollars, investors seeking to avoid foreign exchange risk have access to currency-hedged share classes. The GBP-Hedged Distributing share class (IE000XIITCN5) aims to neutralise the fluctuations between the US dollar and sterling, meaning that the returns — including income distributions — are expressed in pounds sterling after the cost of the hedging programme has been accounted for. Similarly, the EUR-Hedged Distributing share class (IE000DOZYQJ7) targets a euro-denominated return by hedging the USD/EUR Exchange Rate.

The difference in distribution rates between the two share classes — GBP 0.1645 versus EUR 0.2293 — is likely to reflect a combination of factors, including prevailing Interest Rate differentials between the US, UK, and eurozone that affect hedging costs, as well as any differences in the timing and size of income accruals for each respective share class. Investors should bear in mind that hedging costs are not static and can change with movements in short-term interest rate differentials, which may in turn influence the level of distributions paid in future periods. The company did not disclose a breakdown of hedging costs or their specific impact on the distribution rates in this announcement.

High Yield Asia ex-Japan Credit: The Asset Class Behind the TAGD Distribution

Asia ex-Japan high yield corporate debt represents a specialist segment of the global fixed-income market. Issuers typically include companies across China, India, Indonesia, South Korea, Hong Kong, and other emerging and developed Asian economies, raising Capital in US dollars to access a broader international investor base. The high yield designation — generally referring to bonds rated below investment grade by major credit rating agencies — implies higher credit risk relative to investment-grade debt, but also the potential for higher income returns, which underpins the income-generating capacity of this ETF and hence its ability to make distributions to investors.

The Asian high yield credit market has undergone significant structural changes in recent years, partly driven by stresses in the Chinese property sector and broader emerging market Volatility. Screened or ESG-aware strategies within this asset class have attracted growing interest from investors seeking income alongside responsible investment criteria. The distribution declared by Tabula ICAV reflects the income collected from the fund's holdings of such instruments over the distribution period, passed through to unitholders in their respective currencies after applicable charges and hedging adjustments.

Tabula ICAV's Role as the Regulatory and Structural Umbrella for These ETF Share Classes

Tabula ICAV operates as an Irish collective asset-management vehicle, a structure specifically designed under Irish law to act as an umbrella fund for multiple sub-funds and share classes. As the issuing entity for the Janus Henderson Haitong ETF range under the TAGD reference, Tabula ICAV is responsible for the formal regulatory disclosures including dividend and distribution declarations of this kind. The announcement is published through the regulatory news service infrastructure and made available to investors via financial data platforms.

ICAV structures are a popular choice for ETF providers operating within the EU regulatory framework because of their flexibility, tax efficiency, and the ease with which new sub-funds or share classes can be added. For investors, the ICAV wrapper provides a regulated, transparent environment with defined obligations around reporting and income distribution, of which this announcement is an example. The TAGD ticker or reference is associated with the broader Tabula product family, and investors should note that multiple funds and share classes may sit beneath this umbrella, each with potentially different distribution policies and schedules.

How This Distribution Fits Within the Broader Pattern of Fixed-Income ETF Income Payments

Fixed-income ETFs with distributing share classes typically pass through income collected from the underlying bond portfolio on a regular basis — monthly, quarterly, semi-annually, or annually, depending on the fund's distribution policy. The declaration of a "final distribution for the period to 18th June 2026" suggests this particular payment may represent either the final instalment in a financial period or a periodic income distribution consistent with the fund's stated policy. The announcement does not specify whether this is an annual final distribution or part of a more frequent payment schedule, and the company did not disclose this detail within the announcement.

For investors comparing income ETFs, the absolute distribution rate per unit must be considered alongside the prevailing net asset value per unit to calculate an approximate distribution yield. As the net asset value at the time of the ex-dividend date is not provided in this announcement — and the company did not disclose this figure — investors wishing to calculate the implied yield should refer to current pricing data from their broker, the relevant exchange, or the Fund Manager's official website. The immediate share price impact of the distribution declaration was not clear from available public information.

Investor Eligibility, Settlement Conventions, and Practical Considerations for the 9th July Payment

To qualify for the distribution at the rate of GBP 0.1645 per unit for the GBP-Hedged share class or EUR 0.2293 per unit for the EUR-Hedged share class, investors must hold units and be on the register as of the record date of 26th June 2026. Under the standard T+1 settlement convention now widely applied in European markets, investors wishing to establish a qualifying position should ensure any purchases are executed sufficiently in advance of the ex-dividend date of 25th June 2026 to allow settlement to complete in time.

Investors who sell their units on or after the ex-dividend date of 25th June 2026 will, under standard market rules, still be entitled to receive the distribution, as their entitlement crystallises on the record date based on their registered holding. Those selling before the ex-dividend date will not receive the distribution. Income payments will be credited to investors' accounts by 9th July 2026, though as noted above, the precise timing may vary depending on the platform, nominee structure, or custodial arrangement through which units are held. Investors with any uncertainty about their eligibility or the mechanics of the payment should consult their broker or platform provider directly.

Looking Ahead: What Investors in Tabula ICAV's Asia High Yield ETF Range May Monitor

Following the payment of this distribution on 9th July 2026, investors may be watching for further distribution announcements from Tabula ICAV across its broader product range, as well as any updates from Janus Henderson regarding the fund's portfolio positioning, net asset value performance, or any changes to the underlying index or screening methodology. Changes in the Asian credit market environment — including shifts in Chinese corporate credit conditions, US dollar interest rate policy, and regional sovereign risk — may all influence future distribution levels.

The ongoing performance of the hedging programme for both the GBP and EUR share classes will also be a point of interest, particularly in an environment where interest rate differentials between the US, UK, and eurozone remain subject to Central Bank policy decisions. Investors focused on income generation from fixed-income ETFs should monitor the fund's total return performance alongside the distribution yield to assess whether the high yield Asia ex-Japan credit strategy continues to meet their income and risk objectives over subsequent distribution periods.