Horizon Technology Finance Corporation

Frequently Asked Questions About HRZN

What does HRZN invest in?

Horizon Technology Finance Corporation operates as a business development company (BDC) with a core focus on providing financing and making equity investments in businesses in their early growth phases. The firm primarily offers secured debt and venture loans to companies that have already secured funding from venture capital firms. Its investment interests span various industries, including technology, life sciences, healthcare information and services, and clean technology. Geographically, Horizon Technology Finance Corporation directs its investments towards companies situated within the United States.

What is the expense ratio of HRZN?

An expense ratio for Horizon Technology Finance Corporation (HRZN) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is HRZN?

Horizon Technology Finance Corporation (HRZN) manages $239.4M 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 HRZN actively managed or an index fund?

HRZN's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was HRZN launched?

Horizon Technology Finance Corporation (HRZN) launched in October 2010 and is managed by the fund issuer.

How has HRZN performed?

HRZN's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.