Horizon Funds - Horizon Dividend Income ETF

Frequently Asked Questions About DIVN

What does DIVN invest in?

The fund, advised by Horizon Investments, LLC (“Horizon”), is an actively managed exchange-traded fund that seeks to achieve its objective primarily by investing in dividend-paying equity securities of U.S. large-capitalization companies (“Dividend Strategy”); and tactically utilizing options to generate income to the fund (“Options Strategy”).

What is the expense ratio of DIVN?

Horizon Funds - Horizon Dividend Income ETF (DIVN) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.

What is DIVN's dividend yield?

DIVN's trailing-twelve-month yield is 3.84%, calculated from the sum of dividends over the past year divided by the current price.

How big is DIVN?

Horizon Funds - Horizon Dividend Income ETF (DIVN) manages $353.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is DIVN actively managed or an index fund?

DIVN is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DIVN's is 0.70%) in exchange for the discretion to over- or under-weight positions.

When was DIVN launched?

Horizon Funds - Horizon Dividend Income ETF (DIVN) launched in June 2025 and is managed by Horizon Funds.