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Morningstar

Horizon Multi-Factor Small/Mid Cap Adv HSMBX

Morningstar Medalist Rating
Medalist Rating as of | See Horizon Investments Investment Hub
  • NAV / 1-Day Return 34.13  /  +0.29 %
  • Total Assets 31.9 Mil
  • Adj. Expense Ratio
    1.240%
  • Expense Ratio 1.240%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Small Blend
  • Investment Style Small Blend
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 0.20%
  • Turnover 179%

USD | NAV as of May 07, 2024 | 1-Day Return as of May 07, 2024, 10:22 PM GMT+0

Morningstar’s Analysis HSMBX

Will HSMBX outperform in 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 HSMBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HSMBX 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 HSMBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Horizon Multi-Factor Small/ Mid Cap Adv's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings HSMBX

More HSMBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Vistra Corp

2.62 592,582
Utilities

Dick's Sporting Goods Inc

1.80 407,221
Consumer Cyclical

Williams-Sonoma Inc

1.66 374,050
Consumer Cyclical

EMCOR Group Inc

1.62 367,010
Industrials

Reinsurance Group of America Inc

1.49 337,154
Financial Services

Interactive Brokers Group Inc Class A

1.40 316,363
Financial Services

Toll Brothers Inc

1.40 316,180
Consumer Cyclical

RenaissanceRe Holdings Ltd

1.39 313,765
Financial Services

GoDaddy Inc Class A

1.26 284,239
Technology

US Foods Holding Corp

1.26 283,990
Consumer Defensive