Horizon Core Bond ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 4 holdings as of Feb 28, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About BNDY
The Fund is an actively managed exchange-traded fund(“ETF”) that seeks to achieve its investment objective by utilizing its Core Bond Strategy and implementing its Options Strategy. Core Bond Strategy: The Fund’s CoreBond Strategy invests primarily in investment grade, U.S. dollar-denominated, fixed-rate taxable bonds and fixed income instruments withsimilar characteristics. While the Fund may invest in any fixed income instruments, it expects to invest primarily in ETFs and options.There is no limitation on the maturity of fixed income instruments in which the Fund may invest. The Fund’s investment adviser, Horizon Investments,LLC (“Horizon”), selects and weights fixed income instruments using a flexible approach that combines active management andquantitative models to allocate the Fund’s portfolio. The Fund’s strategy is driven by a systematic approach that evaluatesmeasures of past return and risk to identify fixed income instruments determined by Horizon to exhibit favorable risk and return characteristics. Under normal circumstances, the Core Bond Fundwill invest at least 80% of the value of its net assets (plus any borrowings for investment purposes) in bonds and other fixed incomeinstruments. For purposes of this policy, fixed income instruments means debt and debt-related securities, income producing securities,notes (including structured notes), loans, money market instruments, mortgage- and asset-backed securities, preferred stocks, and derivativeinstruments that provide exposure to or are otherwise related to such fixed income instruments, as well as other investment companiesthat invest primarily in these instruments. The Fund may engage in frequent trading to achieveits objective and, depending on Horizon’s outlook and market conditions, may focus its investments in particular sectors or areasof the economy. Options Strategy: The Fund may use optionsto manage risk or generate additional income by selling and purchasing put and call options on broad-based indices or ETFs that tracksuch indices. Options purchased by the Fund will generally be exchange-traded, including Flexible Exchange Options (“FLEX Options”).FLEX Options are customizable exchange-traded option contracts guaranteed for settlement by the Options Clearing Corporation (the “OCC”)and allow customization of terms such as exercise price, exercise style, and expiration date. As part of the Options Strategy, the Fund may engagein put spreads, which involve selling a put option on a portion of the portfolio and purchasing a put option with a lower strike price.This strategy aims to generate income from the premiums received on the sold put options while using the purchased put options to hedgeagainst declines in the reference asset’s value. In stable or rising markets, the premiums received may exceed the cost of soldput options, allowing the strategy to outperform similar strategies that do not sell put options. In declining markets, the strategy mayunderperform; however, losses would be hedged below the strike price of the purchased put option. The Fund may also buy or write put and call optionson individual securities or indices for investment purposes, hedging, or generating additional income. These strategies may include coveredcall writing, cash-secured puts, or other collateralized options strategies. The Fund may also write options on securities it does nothold in its portfolio (i.e., “naked” options), which carry the potential for unlimited loss. The Fund’s options strategies may involveother combinations, such as spreads, straddles, and collars. The Fund may also invest in other types of derivatives, including exchange-listedand over-the-counter futures. These strategies may limit upside potential or reduce downside risks but could incur implementation coststhat affect overall returns. Horizon adjusts the use of derivatves based on its outlook for the bond and broader financial markets andresponds to changing market conditions. Derivatives may be used as a substitute for making direct investments in underlying instruments,to reduce certain exposures, or to hedge against market volatility and other risks.
BNDY News
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Data for BNDY is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.