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Horizon Active Income Fund (AIMNX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS44053A8870
CUSIP44053A887
IssuerHorizon Investments
Inception DateSep 29, 2013
CategoryIntermediate Core-Plus Bond
Min. Investment$2,500
Asset ClassBond

Expense Ratio

AIMNX features an expense ratio of 0.89%, falling within the medium range.


Expense ratio chart for AIMNX: current value at 0.89% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.89%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons: AIMNX vs. FNILX, AIMNX vs. QQQ, AIMNX vs. VOO

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Horizon Active Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%MayJuneJulyAugustSeptemberOctober
4.89%
10.74%
AIMNX (Horizon Active Income Fund)
Benchmark (^GSPC)

Returns By Period

Horizon Active Income Fund had a return of 3.93% year-to-date (YTD) and 12.55% in the last 12 months. Over the past 10 years, Horizon Active Income Fund had an annualized return of 0.45%, while the S&P 500 had an annualized return of 11.26%, indicating that Horizon Active Income Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date3.93%19.50%
1 month0.85%3.09%
6 months4.88%10.74%
1 year12.55%33.68%
5 years (annualized)-0.10%14.10%
10 years (annualized)0.45%11.26%

Monthly Returns

The table below presents the monthly returns of AIMNX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.24%-1.15%0.99%-2.34%1.48%0.75%2.12%1.36%1.22%3.93%
20233.46%-2.61%1.60%0.36%-1.16%0.12%0.12%-0.89%-2.75%-1.93%5.11%3.84%5.03%
2022-2.69%-1.46%-2.59%-4.54%-0.22%-1.17%1.65%-2.15%-3.80%-1.11%3.00%-0.76%-14.95%
2021-0.70%-0.94%-1.33%1.04%0.20%1.13%0.51%0.06%-0.71%0.00%-0.31%0.30%-0.78%
20201.17%0.39%-2.63%2.05%0.88%0.21%2.94%0.06%-0.61%-0.62%2.48%1.20%7.66%
20191.80%0.46%1.54%0.22%0.92%1.30%-0.11%1.70%-0.42%0.32%-0.21%0.86%8.67%
2018-0.93%-1.25%0.21%-0.53%-0.04%0.11%0.32%0.84%-0.64%-1.61%-0.44%-0.89%-4.78%
20170.74%1.02%0.00%0.93%0.66%-0.00%0.72%0.44%-0.51%-0.21%-0.10%0.35%4.10%
20160.51%0.51%0.61%0.10%-0.16%1.72%0.40%0.18%-0.40%-1.19%-3.73%0.63%-0.92%
20152.48%-0.98%0.10%-0.49%-0.80%-1.59%0.40%-0.53%0.10%0.30%-0.14%-0.50%-1.68%
20141.51%0.54%-0.30%0.50%0.97%0.39%-0.69%0.77%-1.08%0.30%0.37%0.01%3.31%
20130.40%-0.20%-0.77%-0.57%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of AIMNX is 37, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of AIMNX is 3737
AIMNX (Horizon Active Income Fund)
The Sharpe Ratio Rank of AIMNX is 4444Sharpe Ratio Rank
The Sortino Ratio Rank of AIMNX is 5252Sortino Ratio Rank
The Omega Ratio Rank of AIMNX is 4747Omega Ratio Rank
The Calmar Ratio Rank of AIMNX is 1111Calmar Ratio Rank
The Martin Ratio Rank of AIMNX is 2929Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Horizon Active Income Fund (AIMNX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


AIMNX
Sharpe ratio
The chart of Sharpe ratio for AIMNX, currently valued at 2.21, compared to the broader market0.002.004.002.21
Sortino ratio
The chart of Sortino ratio for AIMNX, currently valued at 3.32, compared to the broader market0.005.0010.003.32
Omega ratio
The chart of Omega ratio for AIMNX, currently valued at 1.42, compared to the broader market1.002.003.004.001.42
Calmar ratio
The chart of Calmar ratio for AIMNX, currently valued at 0.67, compared to the broader market0.005.0010.0015.0020.0025.000.67
Martin ratio
The chart of Martin ratio for AIMNX, currently valued at 9.46, compared to the broader market0.0020.0040.0060.0080.00100.009.46
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.79, compared to the broader market0.002.004.002.79
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.71, compared to the broader market0.005.0010.003.72
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.51, compared to the broader market1.002.003.004.001.51
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 2.46, compared to the broader market0.005.0010.0015.0020.0025.002.46
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 16.96, compared to the broader market0.0020.0040.0060.0080.00100.0016.96

Sharpe Ratio

The current Horizon Active Income Fund Sharpe ratio is 2.21. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Horizon Active Income Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50MayJuneJulyAugustSeptemberOctober
2.21
2.79
AIMNX (Horizon Active Income Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Horizon Active Income Fund granted a 4.14% dividend yield in the last twelve months. The annual payout for that period amounted to $0.34 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.34$0.31$0.14$0.18$0.18$0.26$0.31$0.24$0.15$0.16$0.14$0.03

Dividend yield

4.14%3.78%1.69%1.88%1.86%2.73%3.51%2.47%1.60%1.66%1.37%0.33%

Monthly Dividends

The table displays the monthly dividend distributions for Horizon Active Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.04$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.20
2023$0.00$0.02$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.00$0.15$0.31
2022$0.00$0.01$0.00$0.00$0.03$0.00$0.00$0.02$0.00$0.00$0.00$0.08$0.14
2021$0.00$0.03$0.00$0.00$0.04$0.00$0.00$0.05$0.00$0.00$0.00$0.07$0.18
2020$0.00$0.04$0.00$0.00$0.04$0.00$0.00$0.03$0.00$0.00$0.00$0.08$0.18
2019$0.00$0.02$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.00$0.11$0.26
2018$0.00$0.00$0.00$0.00$0.09$0.00$0.00$0.08$0.00$0.00$0.00$0.15$0.31
2017$0.00$0.02$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.00$0.09$0.24
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.05$0.00$0.00$0.00$0.10$0.15
2015$0.00$0.02$0.00$0.00$0.04$0.00$0.00$0.04$0.00$0.00$0.02$0.05$0.16
2014$0.00$0.00$0.00$0.00$0.05$0.00$0.00$0.04$0.00$0.00$0.03$0.02$0.14
2013$0.03$0.03

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.


-15.00%-10.00%-5.00%0.00%MayJuneJulyAugustSeptemberOctober
-8.16%
-1.09%
AIMNX (Horizon Active Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Horizon Active Income 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 Income Fund was 19.67%, occurring on Oct 19, 2023. The portfolio has not yet recovered.

The current Horizon Active Income Fund drawdown is 8.16%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-19.67%Feb 12, 2021676Oct 19, 2023
-11.44%Mar 9, 20209Mar 19, 202081Jul 15, 202090
-6.3%Feb 2, 2015982Dec 24, 2018121Jun 19, 20191103
-1.73%Sep 3, 202041Oct 30, 202014Nov 19, 202055
-1.58%Sep 5, 20197Sep 13, 201966Dec 17, 201973

Volatility

Volatility Chart

The current Horizon Active Income Fund volatility is 0.83%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%MayJuneJulyAugustSeptemberOctober
0.83%
3.33%
AIMNX (Horizon Active Income Fund)
Benchmark (^GSPC)