Horizon Multi-Asset Income Fund
Name
As of 11/27/2020Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-18.9%
1 yr return
-15.1%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$59.2 M
Holdings in Top 10
84.2%
52 WEEK LOW AND HIGH
$21.5
$18.31
$27.54
Expenses
OPERATING FEES
Expense Ratio 2.03%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 89.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/27/2020Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
HMANX - Profile
Distributions
- YTD Total Return -18.9%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.50%
- Dividend Yield 2.1%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameHorizon Multi-Asset Income Fund
-
Fund Family NameHorizon Investments
-
Inception DateJun 26, 2019
-
Shares Outstanding2729411
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
Fund Description
HMANX - Performance
Return Ranking - Trailing
Period | HMANX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -18.9% | -21.5% | 23.6% | 99.79% |
1 Yr | -15.1% | -16.1% | 28.6% | 99.59% |
3 Yr | N/A* | -28.7% | 10.9% | N/A |
5 Yr | N/A* | -0.6% | 11.2% | N/A |
10 Yr | N/A* | -2.1% | 11.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | HMANX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -46.3% | 27.8% | N/A |
2022 | N/A | -41.9% | 1.1% | N/A |
2021 | N/A | -100.0% | 20.6% | N/A |
2020 | N/A | -17.0% | 210.7% | N/A |
2019 | N/A | -28.1% | 0.8% | N/A |
Total Return Ranking - Trailing
Period | HMANX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -18.9% | -21.5% | 23.6% | 99.79% |
1 Yr | -15.1% | -16.1% | 28.6% | 99.59% |
3 Yr | N/A* | -28.7% | 10.9% | N/A |
5 Yr | N/A* | -0.6% | 11.2% | N/A |
10 Yr | N/A* | -2.1% | 11.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | HMANX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -46.3% | 27.8% | N/A |
2022 | N/A | -41.9% | 1.1% | N/A |
2021 | N/A | -100.0% | 23.1% | N/A |
2020 | N/A | -9.5% | 233.7% | N/A |
2019 | N/A | -28.1% | 6.6% | N/A |
NAV & Total Return History
HMANX - Holdings
Concentration Analysis
HMANX | Category Low | Category High | HMANX % Rank | |
---|---|---|---|---|
Net Assets | 59.2 M | 13 K | 101 B | 82.90% |
Number of Holdings | 281 | 1 | 2926 | 43.70% |
Net Assets in Top 10 | 51.6 M | -2.13 B | 19.2 B | 69.49% |
Weighting of Top 10 | 84.23% | 9.8% | 100.0% | 17.47% |
Top 10 Holdings
- SPDR® S&P 500 ETF Trust 19.03%
- iShares International Select Div ETF 13.04%
- Xtrackers USD High Yield Corp Bd ETF 10.87%
- iShares iBoxx $ Invmt Grade Corp Bd ETF 8.86%
- iShares JP Morgan USD Em Mkts Bd ETF 8.74%
- iShares 20+ Year Treasury Bond ETF 7.89%
- SPDR® Blmbg Barclays Convert Secs ETF 6.19%
- Invesco KBW High Dividend Yld Fincl ETF 4.73%
- iShares Global Infrastructure ETF 3.80%
- First American Treasury Obligs X 1.09%
Asset Allocation
Weighting | Return Low | Return High | HMANX % Rank | |
---|---|---|---|---|
Stocks | 50.46% | -0.83% | 99.92% | 73.23% |
Bonds | 35.84% | -23.71% | 99.01% | 29.72% |
Preferred Stocks | 6.81% | 0.00% | 39.74% | 4.53% |
Convertible Bonds | 5.16% | 0.00% | 26.48% | 4.92% |
Cash | 1.68% | -37.49% | 100.00% | 70.67% |
Other | 0.05% | -1.15% | 120.34% | 60.83% |
Stock Sector Breakdown
Weighting | Return Low | Return High | HMANX % Rank | |
---|---|---|---|---|
Financial Services | 20.93% | 0.00% | 25.81% | 4.01% |
Real Estate | 13.31% | 0.00% | 91.23% | 23.25% |
Utilities | 13.13% | 0.00% | 73.92% | 9.42% |
Technology | 10.15% | 0.00% | 38.51% | 74.35% |
Industrials | 9.24% | 0.13% | 32.59% | 65.53% |
Communication Services | 7.32% | 0.00% | 34.78% | 52.91% |
Healthcare | 6.16% | 0.00% | 27.61% | 77.96% |
Consumer Cyclical | 5.48% | 0.00% | 23.96% | 71.34% |
Consumer Defense | 5.30% | 0.00% | 30.74% | 74.95% |
Basic Materials | 4.50% | 0.00% | 36.90% | 54.51% |
Energy | 4.48% | 0.00% | 37.86% | 38.48% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HMANX % Rank | |
---|---|---|---|---|
US | 34.78% | -45.71% | 97.74% | 34.06% |
Non US | 15.68% | -0.02% | 73.21% | 85.63% |
Bond Sector Breakdown
Weighting | Return Low | Return High | HMANX % Rank | |
---|---|---|---|---|
Corporate | 64.36% | 0.00% | 98.63% | 15.55% |
Government | 31.61% | 0.00% | 97.95% | 40.55% |
Cash & Equivalents | 4.03% | 1.10% | 100.00% | 88.19% |
Derivative | 0.00% | 0.00% | 42.60% | 35.63% |
Securitized | 0.00% | 0.00% | 56.62% | 67.13% |
Municipal | 0.00% | 0.00% | 4.08% | 32.68% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | HMANX % Rank | |
---|---|---|---|---|
US | 24.49% | -10.74% | 99.01% | 25.39% |
Non US | 11.35% | -28.46% | 54.57% | 35.24% |
HMANX - Expenses
Operational Fees
HMANX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.03% | 0.01% | 23.75% | 10.82% |
Management Fee | 0.75% | 0.00% | 1.90% | 59.33% |
12b-1 Fee | 0.10% | 0.00% | 1.00% | 14.74% |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
HMANX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
HMANX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
HMANX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 89.00% | 0.00% | 464.61% | 68.10% |
HMANX - Distributions
Dividend Yield Analysis
HMANX | Category Low | Category High | HMANX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.09% | 0.00% | 6.83% | 1.76% |
Dividend Distribution Analysis
HMANX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
HMANX | Category Low | Category High | HMANX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.50% | -2.28% | 7.22% | 62.93% |
Capital Gain Distribution Analysis
HMANX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |