Horizon Kinetics Japan Owner Operator ETF (JAPN)

Assets	$8.19M
Expense Ratio	0.85%
PE Ratio	20.96
Shares Out	300,000
Dividend (ttm)	n/a
Dividend Yield	n/a
Ex-Dividend Date	n/a
Payout Ratio	n/a
1-Year Return	n/a

Volume	19,639
Open	27.80
Previous Close	27.76
Day's Range	27.59 - 27.80
52-Week Low	25.00
52-Week High	28.20
Beta	n/a
Holdings	32
Inception Date	May 12, 2025

About JAPN

Fund Home Page

The Horizon Kinetics Japan Owner Operator ETF (JAPN) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in a portfolio of Japanese companies that are owner-operated, or whose owners have significant stakes in their companies. The fund seeks long-term capital growth. JAPN was launched on May 12, 2025 and is issued by Horizon Kinetics.

• Asset Class: Equity
• Region: Global
• Stock Exchange: NASDAQ
• Ticker Symbol: JAPN
• ETF Provider: Horizon Kinetics

Top 10 Holdings

43.65% of assets

Name	Symbol	Weight
Japan Elevator Service Holdings Co.,Ltd.	6544	5.23%
Furuno Electric Co., Ltd.	6814	4.62%
ULS Group, Inc.	3798	4.57%
oRo Co., Ltd.	3983	4.37%
IG Port, Inc.	3791	4.34%
Visional, Inc.	4194	4.30%
Hikari Tsushin, Inc.	9435	4.21%
US BANK MMDA - USBGFS 7	n/a	4.11%
Resorttrust, Inc.	4681	4.03%
Pan Pacific International Holdings Corporation	7532	3.87%