Horizon Kinetics Japan Owner Operator ETF (JAPN)

Assets	$26.85M
Expense Ratio	0.85%
PE Ratio	21.33
Shares Out	950,000
Dividend (ttm)	n/a
Dividend Yield	n/a
Ex-Dividend Date	n/a
Payout Frequency	n/a
Payout Ratio	n/a

Volume	26,222
Open	27.63
Previous Close	28.30
Day's Range	27.50 - 27.75
52-Week Low	25.00
52-Week High	30.25
Beta	n/a
Holdings	33
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

52.34% of assets

Name	Symbol	Weight
Furuno Electric Co., Ltd.	6814	12.71%
US BANK MMDA - USBGFS 7	n/a	7.03%
ULS Group, Inc.	3798	4.96%
Japan Elevator Service Holdings Co.,Ltd.	6544	4.53%
Resorttrust, Inc.	4681	4.09%
Hikari Tsushin, Inc.	9435	4.04%
YONEX Co., Ltd.	7906	3.97%
Visional, Inc.	4194	3.86%
oRo Co., Ltd.	3983	3.60%
Finatext Holdings Ltd.	4419	3.56%