Horizon Defensive Core Fund Investor Class (HESGX)
| Fund Assets | 484.80M |
| Expense Ratio | 0.95% |
| Min. Investment | $2,500 |
| Turnover | 216.00% |
| Dividend (ttm) | 6.96 |
| Dividend Yield | 16.80% |
| Dividend Growth | 5,293.87% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 41.44 |
| YTD Return | -0.72% |
| 1-Year Return | 7.80% |
| 5-Year Return | 61.45% |
| 52-Week Low | 32.42 |
| 52-Week High | 42.46 |
| Beta (5Y) | n/a |
| Holdings | 302 |
| Inception Date | Dec 26, 2019 |
About HESGX
The Horizon Defensive Core Fund is a mutual fund designed to offer investors exposure to large and mid-cap U.S. equities while actively managing downside risk. The fund combines two principal strategies: a Core Equity Strategy investing in high-quality, growth-focused U.S. companies, and a proprietary Risk Assist® Strategy designed to reduce portfolio risk during periods of market stress. Under the Risk Assist® approach, the fund can shift significant portions—or even all—of its assets into U.S. Treasuries or cash equivalents based on defined risk measures, aiming to protect gains and limit losses. The fund’s equity component is weighted toward companies with strong environmental, social, and governance (ESG) characteristics, tracking indices designed by MSCI. This dual-strategy approach seeks to capture the majority of returns associated with the U.S. equity market while providing a buffer against substantial declines, making it a compelling choice for investors seeking market participation with reduced volatility. The Horizon Defensive Core Fund’s dynamic allocation and ESG focus distinguish it within the large-blend category, where it seeks to balance broad market exposure with risk-aware management.
Performance
HESGX had a total return of 7.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.68%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FITLX | Fidelity | Fidelity U.S. Sustainability Index Fund | 0.11% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| HESAX | Advisor Class | 1.11% |
| HESIX | Institutional Class | 0.85% |
Top 10 Holdings
44.01% of assets| Name | Symbol | Weight |
|---|---|---|
| Roundhill Magnificent Seven ETF | MAGS | 8.91% |
| NVIDIA Corporation | NVDA | 7.27% |
| Apple Inc. | AAPL | 5.85% |
| Microsoft Corporation | MSFT | 5.37% |
| Alphabet Inc. | GOOGL | 4.50% |
| Amazon.com, Inc. | AMZN | 3.33% |
| Broadcom Inc. | AVGO | 3.03% |
| Meta Platforms, Inc. | META | 1.99% |
| Eli Lilly and Company | LLY | 1.95% |
| Walmart Inc. | WMT | 1.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $6.96295 | Dec 23, 2025 |
| Dec 19, 2024 | $0.12909 | Dec 19, 2024 |
| Dec 21, 2023 | $0.22026 | Dec 21, 2023 |
| Dec 22, 2022 | $0.15486 | Dec 22, 2022 |
| Dec 27, 2021 | $0.92166 | Dec 27, 2021 |
| Dec 21, 2020 | $0.81248 | Dec 21, 2020 |