Horizon Active Asset Allocation Fund (AAANX)
The investment seeks capital appreciation. The adviser selects asset classes using a flexible approach that allocates the Allocation fund's portfolio between asset classes that Horizon believes offer the opportunity for the highest projected return for a given amount of risk. Horizon typically executes its strategy by investing in exchange-traded funds ("ETFs"). Potential ETFs are reviewed for sufficient trading liquidity and fit within overall portfolio diversification needs prior to investment.
Fund Info
US44053A3095
44053A309
Jan 30, 2012
$2,500
Large-Cap
Blend
Expense Ratio
AAANX has a high expense ratio of 1.14%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Horizon Active Asset Allocation Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Horizon Active Asset Allocation Fund (AAANX) returned -2.34% year-to-date (YTD) and -12.22% over the past 12 months. Over the past 10 years, AAANX returned 1.19% annually, underperforming the S&P 500 benchmark at 10.43%.
AAANX
-2.34%
14.61%
-20.08%
-12.22%
3.41%
1.19%
^GSPC (Benchmark)
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
Monthly Returns
The table below presents the monthly returns of AAANX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.87% | -1.76% | -4.71% | -0.31% | 1.73% | -2.34% | |||||||
| 2024 | -0.21% | 4.59% | 3.16% | -4.06% | 4.44% | 1.66% | 1.18% | 1.74% | 1.08% | -2.13% | 4.04% | -17.76% | -4.45% |
| 2023 | 4.75% | -4.38% | 2.08% | 0.57% | -0.49% | 5.78% | 3.93% | -2.37% | -4.17% | -2.77% | 8.22% | 5.87% | 17.25% |
| 2022 | -5.20% | -2.89% | 2.30% | -7.41% | 1.57% | -8.27% | 6.82% | -3.86% | -9.27% | 8.14% | 6.27% | -4.58% | -16.99% |
| 2021 | 0.87% | 4.01% | 2.89% | 3.14% | 1.10% | 0.51% | 1.28% | 2.64% | -4.85% | 6.51% | -2.12% | -9.08% | 6.07% |
| 2020 | -1.86% | -8.06% | -13.93% | 11.79% | 5.36% | 0.42% | 4.73% | 6.45% | -3.18% | -2.43% | 12.83% | -1.03% | 8.03% |
| 2019 | 9.01% | 1.79% | 0.59% | 2.83% | -7.61% | 6.66% | 0.41% | -2.78% | 1.68% | 2.15% | 2.19% | 2.91% | 20.60% |
| 2018 | 7.08% | -2.94% | -2.34% | -0.23% | 1.32% | -0.15% | 2.84% | 2.99% | -0.43% | -9.03% | 1.44% | -14.50% | -14.77% |
| 2017 | 2.05% | 3.27% | 0.89% | 1.85% | 2.29% | -0.23% | 2.40% | 0.15% | 2.34% | 2.51% | 2.01% | -9.84% | 9.36% |
| 2016 | -5.41% | -1.31% | 6.93% | 0.44% | 0.53% | 0.26% | 3.51% | -0.68% | 0.00% | -2.56% | 1.23% | 2.02% | 4.55% |
| 2015 | -2.55% | 5.66% | -1.68% | 0.73% | 0.16% | -1.77% | 1.64% | -7.03% | -3.48% | 7.74% | 0.17% | -4.29% | -5.48% |
| 2014 | -3.50% | 4.14% | -0.75% | -0.25% | 1.42% | 1.98% | -1.54% | 3.12% | -1.43% | 1.94% | 0.48% | -4.06% | 1.22% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AAANX is 3, meaning it’s performing worse than 97% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Horizon Active Asset Allocation Fund (AAANX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Horizon Active Asset Allocation Fund provided a 0.81% dividend yield over the last twelve months, with an annual payout of $0.11 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.11 | $0.11 | $0.11 | $0.13 | $0.10 | $0.07 | $0.09 | $0.08 | $0.07 | $0.10 | $0.20 | $0.02 |
Dividend yield | 0.81% | 0.79% | 0.77% | 1.08% | 0.70% | 0.49% | 0.67% | 0.78% | 0.57% | 0.89% | 1.77% | 0.14% |
Monthly Dividends
The table displays the monthly dividend distributions for Horizon Active Asset Allocation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2014 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Horizon Active Asset Allocation Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Horizon Active Asset Allocation Fund was 37.94%, occurring on Mar 23, 2020. Recovery took 172 trading sessions.
The current Horizon Active Asset Allocation Fund drawdown is 20.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.94% | Dec 19, 2017 | 567 | Mar 23, 2020 | 172 | Nov 24, 2020 | 739 |
| -33.95% | Nov 9, 2021 | 225 | Sep 30, 2022 | — | — | — |
| -20.34% | Dec 24, 2013 | 537 | Feb 11, 2016 | 264 | Mar 1, 2017 | 801 |
| -8.8% | Mar 27, 2012 | 48 | Jun 4, 2012 | 65 | Sep 6, 2012 | 113 |
| -8.53% | Sep 17, 2012 | 41 | Nov 14, 2012 | 48 | Jan 25, 2013 | 89 |
Volatility
Volatility Chart
The current Horizon Active Asset Allocation Fund volatility is 9.32%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.