Horizon Active Risk Assist Fund Class A (ARAAX)
| Fund Assets | 1.41B |
| Expense Ratio | 1.40% |
| Min. Investment | $2,500 |
| Turnover | 66.00% |
| Dividend (ttm) | 2.27 |
| Dividend Yield | 8.70% |
| Dividend Growth | -8.59% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 24.57 |
| YTD Return | -1.76% |
| 1-Year Return | 13.63% |
| 5-Year Return | 32.08% |
| 52-Week Low | 21.35 |
| 52-Week High | 27.40 |
| Beta (5Y) | n/a |
| Holdings | 92 |
| Inception Date | Sep 4, 2015 |
About ARAAX
The Horizon Active Risk Assist Fund Advisor Class is a mutual fund designed to provide global equity exposure while actively managing downside risk. Its primary purpose is to capture the majority of returns associated with equity markets through a multi-disciplined asset allocation strategy, primarily implemented using exchange-traded funds. What distinguishes this fund is the integration of Horizon’s proprietary Risk Assist® overlay, a risk mitigation approach that dynamically adjusts the portfolio in response to abnormal market volatility. When market conditions become turbulent and traditional diversification may falter, the strategy reallocates assets from equities into defensive holdings such as U.S. Treasury-related securities in stages. This process is run daily and is not intended to time markets, but rather to help mitigate large drawdowns without sacrificing the potential for upside during normal market conditions. This fund plays a significant role for investors seeking exposure to global equities with an added layer of systematic risk management, making it a tactical choice within the broader landscape of alternative and tactical allocation funds.
Performance
ARAAX had a total return of 13.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.51%.
Top 10 Holdings
91.73% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street SPDR Portfolio S&P 500 Growth ETF | SPYG | 22.82% |
| State Street SPDR Portfolio Developed World ex-US ETF | SPDW | 15.01% |
| iShares Core MSCI International Developed Markets ETF | IDEV | 11.89% |
| State Street SPDR Portfolio Emerging Markets ETF | SPEM | 10.78% |
| State Street SPDR Portfolio S&P 500 Value ETF | SPYV | 9.98% |
| Invesco S&P 500 Equal Weight ETF | RSP | 7.78% |
| iShares MSCI USA Min Vol Factor ETF | USMV | 6.69% |
| iShares MSCI USA Quality Factor ETF | QUAL | 3.99% |
| NVIDIA Corporation | NVDA | 1.42% |
| Microsoft Corporation | MSFT | 1.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $2.26805 | Dec 23, 2025 |
| Dec 19, 2024 | $2.48124 | Dec 19, 2024 |
| Dec 21, 2023 | $0.12273 | Dec 21, 2023 |
| Dec 22, 2022 | $0.10244 | Dec 22, 2022 |
| Dec 27, 2021 | $2.04588 | Dec 27, 2021 |
| Dec 21, 2020 | $0.07327 | Dec 21, 2020 |