Horizon Kinetics Japan Owner Operator ETF (JAPN)

Assets	$26.54M
Expense Ratio	0.85%
PE Ratio	19.03
Shares Out	1,000,000
Dividend (ttm)	n/a
Dividend Yield	n/a
Ex-Dividend Date	n/a
Payout Frequency	n/a
Payout Ratio	n/a

Volume	14,463
Open	25.68
Previous Close	25.81
Day's Range	25.51 - 25.76
52-Week Low	25.00
52-Week High	30.25
Beta	n/a
Holdings	34
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
• Category: Japan Stock
• Region: Global
• Stock Exchange: NASDAQ
• Ticker Symbol: JAPN
• ETF Provider: Horizon Kinetics

Top 10 Holdings

51.63% of assets

Name	Symbol	Weight
Furuno Electric Co., Ltd.	6814	11.85%
US BANK MMDA - USBGFS 7	n/a	6.97%
Japan Elevator Service Holdings Co.,Ltd.	6544	4.88%
Resorttrust, Inc.	4681	4.51%
Hikari Tsushin, Inc.	9435	4.20%
Visional, Inc.	4194	4.05%
ULS Group, Inc.	3798	4.00%
M&A Capital Partners Co.,Ltd.	6080	3.81%
YONEX Co., Ltd.	7906	3.72%
Pan Pacific International Holdings Corporation	7532	3.66%