Horizon Landmark ETF

Frequently Asked Questions About BENJ

What does BENJ invest in?

The Horizon Landmark ETF is primarily designed to maximize overall investment growth for its holders, achieving this through both capital appreciation and any income generated.

What is the expense ratio of BENJ?

Horizon Landmark ETF (BENJ) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations.

What is the duration of BENJ?

Effective duration measures BENJ's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BENJ's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of BENJ?

BENJ's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of BENJ?

Yield to maturity (YTM) is the total return you'd earn from BENJ if every bond in the portfolio is held to maturity at the current price. BENJ's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.

How big is BENJ?

Horizon Landmark ETF (BENJ) manages $266.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.