DIVN

Horizon Dividend Income ETF

$26.17
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Horizon Dividend Income ETF (DIVN) seeks to provide investors with a high level of current income by investing in a diversified portfolio of dividend-paying stocks.

Overview

ETF tracking Horizon Dividend Income ETF

Category Value
Issuer Other
Inception Date 2025-06-26
Market Cap $120.4M
Average Volume N/A
Dividend Yield 0.24%
52-Week Range $24.96 - $26.40
VWAP $26.22

Performance

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Investment Summary

📎 Investment Objective

The Horizon Dividend Income ETF (DIVN) seeks to provide investors with a high level of current income by investing in a diversified portfolio of dividend-paying stocks.

🎯 Investment Strategy

The fund tracks the Horizon Dividend Income Index, which is designed to provide exposure to high-yielding U.S. equities. The index selects stocks based on factors such as dividend yield, dividend growth, and financial strength.

✨ Key Features

  • Focuses on dividend-paying U.S. stocks to generate current income
  • Diversified portfolio across sectors and market capitalizations
  • Employs a rules-based index methodology to identify high-quality dividend payers
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Equity market risk: The fund's value may fluctuate with changes in the stock market
  • Dividend risk: Companies may reduce or eliminate dividends, impacting the fund's income generation
  • Concentration risk: The fund may have significant exposure to certain sectors or industries
  • Liquidity risk: The fund may have difficulty trading certain holdings, especially in volatile markets

👤 Best For

The Horizon Dividend Income ETF may be suitable for investors seeking a source of current income and exposure to high-quality, dividend-paying U.S. stocks. It may be particularly appealing to those in or nearing retirement, or investors with a conservative risk profile who want to generate steady income from their portfolio.