Morningstar

Horizon Active Income Fund Class A AIHAX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Horizon Investments Investment Hub
  • NAV / 1-Day Return $7.72  /  −0.13 %
  • Fund Size $308.7M
  • Adjusted Expense Ratio 1.430%
  • Net Expense Ratio 1.090%
  • Fee Level: Distribution High
  • Share Class Type No Load
  • Morningstar Category Intermediate Core-Plus Bond
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 4.35%
  • Average Effective Duration 6.43 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis AIHAX

Will AIHAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AIHAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AIHAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AIHAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Horizon Active Income A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings AIHAX

More AIHAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PIMCO Multisector Bond Active ETF

24.87 73M
—

iShares 5-10 Year invmt Grd Corp Bd ETF

18.93 55M
—

iShares 10+ Year Invmt Grd Corp Bd ETF

12.09 35M
—

Vanguard Total International Bond ETF

11.02 32M
—

State Street® DoubleLine® TR Tact ETF

8.89 26M
—

PIMCO Mortgage-Backed Securities Act ETF

4.99 15M
—

PIMCO Active Bond ETF

4.98 15M
—

Janus Henderson Mortgage-Backed Sec ETF

4.95 15M
—

iShares TIPS Bond ETF

4.93 14M
—

iShares 20+ Year Treasury Bond ETF

3.96 12M
—

Sponsor Center