Horizon Active Income Fund - Advisor Class (AIHAX) Fund Overview

Horizon Active Income Fund - Advisor Class (AIHAX) Financial Services Profile

Horizon Active Income Fund - Advisor Class (AIHAX) seeks income generation through diversified investments in global securities, primarily focusing on U.S. dollar-denominated assets. With a high profit margin of 84.8%, the fund utilizes ETFs, individual securities, and baskets of securities to achieve its investment objectives within the asset management sector.

What Is the Investment Thesis for AIHAX?

Horizon Active Income Fund - Advisor Class (AIHAX) presents an investment opportunity centered on its high profit margin of 84.8% and a dividend yield of 3.89%. The fund's strategy of allocating assets across various global securities markets, including ETFs and individual securities, offers diversification. A key value driver is the fund's active management approach, which allows it to adapt to changing market conditions and capitalize on income-generating opportunities. Ongoing catalysts include the potential for increased investor demand for income-generating assets in a low-interest-rate environment. Potential risks include market volatility and the fund's ability to effectively manage its asset allocation strategy. The fund's beta of 0.96 suggests moderate volatility relative to the market.

Based on FMP financials and quantitative analysis

AIHAX Key Highlights

Market Cap of $0.29 billion indicates a mid-sized fund within the asset management landscape.

• Profit Margin of 84.8% demonstrates efficient management and strong profitability.
• Gross Margin of 100.0% indicates that the fund's expenses are fully covered by its income.
• Dividend Yield of 3.89% provides a steady income stream for investors.
• Beta of 0.96 suggests the fund's price is slightly less volatile than the overall market.

Who Are AIHAX's Competitors?

AIHAX is benchmarked below against 6 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are AIHAX's Key Strengths?

High profit margin of 84.8%.

• Diversified investment strategy across global securities markets.
• Experienced management team.
• Established track record in asset management.

What Are AIHAX's Weaknesses?

Reliance on market conditions and manager's expertise.

• Potential for underperformance compared to benchmark indices.
• Exposure to currency risk through non-U.S. dollar-denominated investments.
• Relatively small market cap of $0.29 billion.

What Are the Key Risks for AIHAX?

Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.

• Market volatility and economic downturns impacting asset values.
• Changes in interest rate policies affecting fixed-income investments.
• Currency risk associated with non-U.S. dollar-denominated investments.
• Competition from other asset management firms offering similar products.

What Are AIHAX's Competitive Advantages?

• Established track record in asset management.
• Experienced investment team with expertise in global securities markets.
• Diversified investment strategy across various asset classes and geographic regions.

What Does AIHAX Do?

Horizon Active Income Fund - Advisor Class (AIHAX) is an actively managed fund focused on generating income by allocating assets across various sectors of the global securities markets. The fund's strategy involves investing in both exchange-traded funds (ETFs) and directly in individual securities or baskets of securities. Founded with the objective of providing investors with a consistent income stream, AIHAX primarily invests in U.S. dollar-denominated securities, but retains the flexibility to allocate a portion of its assets to non-U.S. dollar-denominated securities to enhance diversification and potentially increase returns. The fund's investment decisions are guided by its manager's assessment of market conditions and opportunities across different asset classes and geographic regions. AIHAX operates within the broader asset management industry, catering to investors seeking income-generating investment solutions. The fund's approach to asset allocation and security selection is designed to navigate market volatility and deliver stable returns over time. With a market capitalization of $0.29 billion, AIHAX aims to provide a competitive yield while managing risk through diversification and active management.

What Products and Services Does AIHAX Offer?

• Invests in a diversified portfolio of global securities.
• Allocates assets across various sectors of the global securities markets.
• Utilizes exchange-traded funds (ETFs) to gain exposure to different asset classes.
• Invests directly in individual securities or baskets of securities.
• Primarily invests in U.S. dollar-denominated securities.
• May invest a portion of its assets in non-U.S. dollar-denominated securities.

How Does AIHAX Make Money?

• Generates revenue through management fees charged on assets under management (AUM).
• Aims to provide investors with a consistent income stream through dividend payments.
• Seeks to achieve capital appreciation through strategic asset allocation and security selection.

What Industry Does AIHAX Operate In?

Horizon Active Income Fund - Advisor Class (AIHAX) operates within the asset management industry, which is characterized by increasing demand for diverse investment strategies and income-generating products. The industry is influenced by macroeconomic factors, interest rate policies, and investor sentiment. AIHAX competes with other asset management firms, including AEF, BKT, BYM, MCR, and MMT, each offering various income-focused investment solutions. The competitive landscape is shaped by factors such as fund performance, expense ratios, and investment strategies. Market trends include the growing popularity of ETFs and the increasing focus on sustainable and responsible investing.

Who Are AIHAX's Key Customers?

• Individual investors seeking income-generating investment solutions.
• Institutional investors looking for diversified exposure to global securities markets.
• Financial advisors seeking investment products for their clients.

Horizon Active Income Fund - Advisor Class's Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 3.39 places it in the safe zone, indicating low near-term bankruptcy risk.

Return on equity for Horizon Active Income Fund - Advisor Class stands at 4.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 4.0%, showing how much profit it generates from its asset base. A current ratio of 0.95 means current liabilities exceed short-term assets, a liquidity point worth watching.

AIHAX Financials

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AIHAX Analyst Consensus

AIHAX MoonshotScore

What Investors Ask About Horizon Active Income Fund - Advisor Class (AIHAX) — Financials

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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