Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Horizon Active Income A AIHAX
- NAV / 1-Day Return 8.11 / −0.12 %
- Total Assets 222.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.470%
- Distribution Fee Level High
- Share Class Type No Load
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 3.82%
- Effective Duration 6.04 years
USD | NAV as of May 08, 2024 | 1-Day Return as of May 08, 2024, 10:14 PM GMT+0
Morningstar’s Analysis AIHAX
Will AIHAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 85.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
SPDR® Portfolio Short Term Corp Bd ETF | 13.79 | 30.8 Mil | — |
VanEck Fallen Angel HiYld Bd ETF | 11.98 | 26.8 Mil | — |
SPDR® DoubleLine Total Return Tact ETF | 10.95 | 24.5 Mil | — |
Janus Henderson Mortgage-Backed Sec ETF | 9.89 | 22.1 Mil | — |
Vanguard Total International Bond ETF | 8.93 | 20.0 Mil | — |
Xtrackers USD High Yield Corp Bd ETF | 8.06 | 18.0 Mil | — |
First Trust TCWOpportunistic Fxd Inc ETF | 6.86 | 15.3 Mil | — |
Hartford Total Return Bond ETF | 5.95 | 13.3 Mil | — |
PIMCO Active Bond ETF | 4.98 | 11.1 Mil | — |
iShares 20+ Year Treasury Bond ETF | 4.01 | 9.0 Mil | — |