Horizon Active Income Fund Quote
| AIMNX Fund | USD 8.16 0.01 0.12% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Horizon Active is trading at 8.16 as of the 21st of November 2024; that is 0.12 percent down since the beginning of the trading day. The fund's open price was 8.17. Horizon Active has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Horizon Active Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
The fund seeks to achieve the funds investment objective by allocating assets across various sectors of the global securities markets. The manager may execute the fund strategy by investing in exchange-traded funds or by investing directly in individual securities or baskets of securities. More on Horizon Active Income
Moving against Horizon Mutual Fund
Horizon Mutual Fund Highlights
| Fund Concentration | Horizon Investments Funds, Large Value Funds, Intermediate Core-Plus Bond Funds, Intermediate Core-Plus Bond, Horizon Investments, Large, Intermediate Core-Plus Bond (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 30th of March 2023 |
| Fiscal Year End | November |
Horizon Active Income [AIMNX] is traded in USA and was established 21st of November 2024. Horizon Active is listed under Horizon Investments category by Fama And French industry classification. The fund is listed under Intermediate Core-Plus Bond category and is part of Horizon Investments family. This fund presently has accumulated 337.82 M in assets under management (AUM) with minimum initial investment of 2.5 K. Horizon Active Income is currently producing year-to-date (YTD) return of 1.94% with the current yeild of 0.04%, while the total return for the last 3 years was -2.94%.
Check Horizon Active Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Horizon Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Horizon Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Horizon Active Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Horizon Active Income Mutual Fund Constituents
| NXRT | Nexpoint Residential Trust | Stock | Real Estate | |
| SPTL | SPDR Barclays Long | Etf | Long Government | |
| SJNK | SPDR Bloomberg Short | Etf | High Yield Bond | |
| IGSB | iShares 1 5 Year | Etf | Short-Term Bond | |
| VCIT | Vanguard Intermediate Term Corporate | Etf | Corporate Bond | |
| TOTL | SPDR DoubleLine Total | Etf | Intermediate Core-Plus Bond | |
| TLT | iShares 20 Year | Etf | Long Government | |
| SRLN | SPDR Blackstone Senior | Etf | Bank Loan |
Horizon Active Income Risk Profiles
| Mean Deviation | 0.1873 | |||
| Standard Deviation | 0.2403 | |||
| Variance | 0.0578 | |||
| Risk Adjusted Performance | (0.05) |
Horizon Active Against Markets
Other Information on Investing in Horizon Mutual Fund
Horizon Active financial ratios help investors to determine whether Horizon Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Horizon with respect to the benefits of owning Horizon Active security.
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