Horizon Dividend Income 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 25 holdings as of Feb 28, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About DIVN
The Fund, advised by Horizon Investments, LLC(“Horizon”), is an actively managed exchange-traded fund that seeks to achieve its objective primarily by: (i) investingin dividend-paying equity securities of large-capitalization companies (“Dividend Strategy”); and (ii) tactically utilizingoptions to generate income to the Fund (“Options Strategy”). Dividend Strategy: As a part of the DividendStrategy, the Dividend Income Fund invests in dividend-paying equity securities of large capitalization companies (companies having amarket capitalization in excess of $10 billion at the time of purchase). Under normal circumstances, the Dividend IncomeFund will invest not less than 80% of the value of its net assets (plus the amount of borrowings for investment purposes) in dividend-payingequity securities. For purposes of this policy, dividend-paying equity securities means common and preferred stock, convertible debtsecurities, American Depositary Receipts (“ADRs”), real estate investment trusts (“REITs”) of issuers that (i)have paid a dividend in the prior 12-calendar months or (ii) are reasonably likely, in Horizon’s view, to pay a dividend withinthe 12-calendar months following the Fund’s acquisition of the security, derivative instruments that provide exposure to or areotherwise related to the foregoing as well as other investment companies that invest primarily in these issuers. Horizon selects and weights securities using aflexible approach that combines active management with quantitative models. The Dividend Income Fund’s portfolio is allocated primarilyamong dividend-paying securities that Horizon believes offer attractive potential returns for a given amount of risk. In selecting securities,Horizon seeks diversification across dividend-paying securities that exhibit one or more of the following fundamental characteristics: ●High profitability and stable earnings ●Low price variability ●Low fundamental valuation measures ●Positive price trends In constructing the portfolio, Horizon may considerindustry and position constraints to ensure sufficient diversification, as determined by Horizon. The Dividend Income Fund may engagein frequent trading to achieve its objective and, depending on Horizon’s outlook and market conditions, may focus its investmentsin particular sectors or areas of the economy. Options Strategy: The Dividend Income Fund’sOptions Strategy seeks to enhance income and manage portfolio volatility by primarily selling call options on broad-based securities indices,such as the S&P 500. When the Fund sells a call option, it receives a premium from the purchaser, granting the purchaser the rightto participate in gains of the underlying index above a predetermined strike price until the option’s expiration. If the optionis exercised, the Fund must pay the difference between the index price and the strike price. Options purchased by the Fund will generallybe exchange-traded, including Flexible Exchange Options (“FLEX Options”). FLEX Options are customizable exchange-traded optioncontracts guaranteed for settlement by the Options Clearing Corporation (the “OCC”) and allow customization of terms suchas exercise price, exercise style, and expiration date. The strategy is designed to outperform during periodswhen the U.S. equity market is flat, falling, or slightly rising, as the premiums received may exceed the appreciation of the index. Conversely,the strategy may underperform during periods of significant market gains when the underlying indices appreciate beyond the strike priceand premiums received. The Fund’s portfolio, combined with the option overlay, is expected to have a modest defensive tilt relativeto the S&P 500, aiming to outperform in flat-to-down markets but expected to underperform in strongly rising markets. In addition to selling call options on indices, theFund may buy or write put and call options on individual securities (including ETFs) or indices for investment purposes, hedging, or generatingadditional income. These strategies may include covered call writing, cash-secured puts, or other collateralized options strategies. TheFund may also write options on securities it does not hold in its portfolio (i.e., “naked” options), which carry the potentialfor unlimited loss. The Fund may also engage in options combinations,such as spreads, straddles, and collars. In a spread, the Fund buys and writes options on the same underlying instrument with differentstrike prices, expiration dates, or both, seeking to profit from differences in premiums or market prices. In a straddle, the Fund simultaneouslybuys or writes a put and a call option on the same instrument with the same expiration date and strike price. A collar combines a purchasedput option with a written call option on the same security, limiting downside risk while capping upside potential. Premiums received fromwriting options offset, in part, the cost of purchasing options; however, downside protection may be limited compared to owning a singleoption outright. There is no limit on the number or size of options transactions in which the Fund may engage.
DIVN News
Data for DIVN 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.