Morningstar

Horizon Multi-Factor Small/Mid Cap Adv HSMBX

Morningstar Medalist Rating
Medalist Rating as of | See Horizon Investments Investment Hub
  • NAV / 1-Day Return 36.93  /  +1.04 %
  • Total Assets 88.1 Mil
  • Adj. Expense Ratio
    1.240%
  • Expense Ratio 1.240%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Small Blend
  • Investment Style Small Blend
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 0.18%
  • Turnover 179%

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0

Morningstar’s Analysis HSMBX

Will HSMBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HSMBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HSMBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HSMBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Horizon Multi-Factor Small/ Mid Cap Adv's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings HSMBX

More HSMBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

EMCOR Group Inc

1.83 1.1 Mil
Industrials

Owens-Corning Inc

1.70 1.0 Mil
Industrials

Reinsurance Group of America Inc

1.65 1.0 Mil
Financial Services

United Therapeutics Corp

1.62 984,638
Healthcare

Interactive Brokers Group Inc Class A

1.61 976,999
Financial Services

Tenet Healthcare Corp

1.56 949,834
Healthcare

Dick's Sporting Goods Inc

1.54 932,664
Consumer Cyclical

GoDaddy Inc Class A

1.53 928,373
Technology

Williams-Sonoma Inc

1.36 823,391
Consumer Cyclical

Fidelity National Financial Inc

1.35 821,608
Financial Services

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