- ISIN
- US44053A8870
- CUSIP
- 44053A887
- Issuer
- Horizon Investments
- Inception Date
- Sep 29, 2013
- Category
- Intermediate Core-Plus Bond
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
AIMNX Performance Chart
Horizon Active Income Fund (AIMNX) is up 0.7% since the beginning of the year. AIMNX is currently trading at $8 per share. Investors who bought $1,000 worth of AIMNX shares 5 years ago would now be looking at an investment worth $963.
Loading charts...
Returns By Period
Horizon Active Income Fund (AIMNX) has returned 0.66% so far this year and 4.65% over the past 12 months. Over the last ten years, AIMNX has returned 0.69% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Horizon Active Income Fund
- 1D
- 0.25%
- 1M
- 0.92%
- YTD
- 0.66%
- 6M
- 0.78%
- 1Y
- 4.65%
- 3Y*
- 3.59%
- 5Y*
- -0.76%
- 10Y*
- 0.69%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.15%
- 1Y
- 24.03%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
AIMNX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2014, AIMNX's average daily return is 0.00%, while the average monthly return is +0.08%. At this rate, an investment would double in approximately 72.2 years.
Historically, 57% of months were positive and 43% were negative. The best month was Nov 2023 with a return of +5.1%, while the worst month was Apr 2022 at -4.5%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 6 months.
On a daily basis, AIMNX closed higher 42% of trading days. The best single day was Mar 23, 2020 with a return of +3.2%, while the worst single day was Mar 18, 2020 at -3.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.37% | 1.24% | -2.08% | 0.50% | 0.54% | 0.12% | 0.66% | ||||||
| 2025 | 0.75% | 1.73% | -0.37% | -0.74% | -0.82% | 1.51% | -0.25% | 1.17% | 1.12% | 0.49% | 0.61% | -0.25% | 5.04% |
| 2024 | -0.24% | -1.15% | 1.00% | -2.34% | 1.48% | 0.75% | 2.12% | 1.36% | 1.22% | -1.92% | 1.22% | -1.60% | 1.77% |
| 2023 | 3.46% | -2.61% | 1.60% | 0.36% | -1.16% | 0.12% | 0.12% | -0.89% | -2.75% | -1.93% | 5.10% | 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% |
Benchmark Metrics
Horizon Active Income Fund has an annualized alpha of 0.22%, beta of 0.06, and R2 of 0.05 versus S&P 500 Index. Calculated based on daily prices since January 02, 2014.
- This fund participated in 24.00% of S&P 500 Index downside but only 12.47% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.06 may look defensive, but with R2 of 0.05 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.05 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 0.22%
- Beta
- 0.06
- R²
- 0.05
- Upside Capture
- 12.47%
- Downside Capture
- 24.00%
Expense Ratio
AIMNX has an expense ratio of 0.89%, placing it in the medium range.
Return for Risk
Risk / Return Rank
AIMNX ranks 22 for risk / return — below 22% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Horizon Active Income Fund (AIMNX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AIMNX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.37 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | 2.78 | -1.22 |
| Martin ratioReturn relative to average drawdown | 5.00 | 12.44 | -7.44 |
Dividends
Dividend History
Horizon Active Income Fund provided a 4.08% dividend yield over the last twelve months, with an annual payout of $0.33 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.33 | $0.34 | $0.31 | $0.14 | $0.18 | $0.18 | $0.26 | $0.31 | $0.24 | $0.15 | $0.16 |
Dividend yield | 4.08% | 4.03% | 4.29% | 3.78% | 1.69% | 1.88% | 1.86% | 2.73% | 3.51% | 2.47% | 1.60% | 1.66% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.03 | $0.00 | $0.00 | $0.07 | $0.00 | $0.10 | ||||||
| 2025 | $0.00 | $0.03 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.15 | $0.33 |
| 2024 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.15 | $0.34 |
| 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 |
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.
Loading charts...
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 19.68%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current Horizon Active Income Fund drawdown is 4.92%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 correction2023 | -19.68%Oct 2023 | 2y 8mo | — | 5y 4moFeb 2021 - now |
COVID crash2020 | -11.44%Mar 2020 | 10d | 3mo 28d | 4mo 8dMar 2020 - Jul 2020 |
Rate-hike selloffLate 2018 | -6.29%Dec 2018 | 3y 10mo | 5mo 27d | 4y 4moFeb 2015 - Jun 2019 |
2020 pullback2020 | -1.73%Oct 2020 | 1mo 27d | 20d | 2mo 17dSep 2020 - Nov 2020 |
2019 pullback2019 | -1.58%Sep 2019 | 8d | 3mo 8d | 3mo 16dSep 2019 - Dec 2019 |
Drawdown Indicators
| AIMNX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.68% | -56.78% | +37.10% |
Max Drawdown (1Y)Largest decline over 1 year | -3.06% | -9.10% | +6.04% |
Max Drawdown (3Y)Largest decline over 3 years | -6.78% | -18.90% | +12.12% |
Max Drawdown (5Y)Largest decline over 5 years | -19.63% | -25.43% | +5.80% |
Max Drawdown (10Y)Largest decline over 10 years | -19.68% | -33.92% | +14.24% |
Current DrawdownCurrent decline from peak | -4.92% | -1.80% | -3.12% |
Average DrawdownAverage peak-to-trough decline | -5.06% | -10.71% | +5.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.96% | 2.03% | -1.07% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with AIMNX
Add Horizon Active Income Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with AIMNX