Horizon Active Dividend Fund (HNDDX)
The investment seeks capital appreciation and current income. The adviser seeks to achieve the fund's investment objective by investing primarily in the equity securities of U.S. and foreign dividend paying companies. Equity securities include common and preferred stock, convertible debt securities, ADRs, and REITs. It will invest not less than 80% of the value of its net assets in "dividend paying securities", which the Adviser defines as equity securities that have paid a dividend in the prior 12 calendar months or that the Adviser believes are reasonably likely to pay a dividend in the 12 calendar months following the fund's acquisition of the security.
Fund Info
| ISIN | US44053A8615 |
|---|---|
| CUSIP | 44053A861 |
| Issuer | Horizon Investments |
| Inception Date | Dec 28, 2016 |
| Category | Large Cap Value Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
HNDDX has a high expense ratio of 1.10%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: HNDDX vs. QQQ, HNDDX vs. VOO, HNDDX vs. VUG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Horizon Active Dividend 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 Dividend Fund had a return of 6.78% year-to-date (YTD) and 16.00% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.78% | 6.17% |
| 1 month | -2.33% | -2.72% |
| 6 months | 15.10% | 17.29% |
| 1 year | 16.00% | 23.80% |
| 5 years (annualized) | 5.21% | 11.47% |
| 10 years (annualized) | N/A | 10.41% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.00% | 4.65% | 3.19% | -3.46% | ||||||||
| 2023 | -2.29% | 5.98% | 3.54% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HNDDX is 74, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Horizon Active Dividend Fund(HNDDX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Horizon Active Dividend Fund (HNDDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Horizon Active Dividend Fund granted a 1.34% dividend yield in the last twelve months. The annual payout for that period amounted to $0.89 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.89 | $0.96 | $1.29 | $2.59 | $1.20 | $1.59 | $3.06 | $1.61 |
Dividend yield | 1.34% | 1.54% | 2.17% | 3.98% | 2.13% | 2.67% | 5.86% | 2.67% |
Monthly Dividends
The table displays the monthly dividend distributions for Horizon Active Dividend 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.06 | $0.00 | $0.00 | ||||||||
| 2023 | $0.00 | $0.13 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.00 | $0.24 |
| 2022 | $0.00 | $0.09 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.00 | $0.51 |
| 2021 | $0.00 | $0.06 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.00 | $1.88 |
| 2020 | $0.00 | $0.15 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.00 | $0.33 |
| 2019 | $0.00 | $0.13 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.00 | $0.64 |
| 2018 | $0.00 | $0.06 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.00 | $2.24 |
| 2017 | $0.34 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.00 | $1.09 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Horizon Active Dividend 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 Dividend Fund was 36.28%, occurring on Mar 23, 2020. Recovery took 227 trading sessions.
The current Horizon Active Dividend Fund drawdown is 3.06%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.28% | Jan 3, 2020 | 55 | Mar 23, 2020 | 227 | Feb 16, 2021 | 282 |
| -19.04% | Mar 30, 2022 | 128 | Sep 30, 2022 | 328 | Jan 23, 2024 | 456 |
| -18.27% | Sep 24, 2018 | 64 | Dec 24, 2018 | 250 | Dec 20, 2019 | 314 |
| -9.68% | Jan 29, 2018 | 39 | Mar 23, 2018 | 110 | Aug 29, 2018 | 149 |
| -7.63% | Jan 5, 2022 | 35 | Feb 24, 2022 | 23 | Mar 29, 2022 | 58 |
Volatility
Volatility Chart
The current Horizon Active Dividend Fund volatility is 3.38%, 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.