AIHAX Performance — Horizon Active Income Fund, Advisor Class
Data updated: 2026-07-10
AIHAX returned +0.39% year to date and +4.90% over one year to May 2026. Annualised returns are +3.45% over 3 years and −0.77% over 5 years. The fund trailed its US Multi-Cap Blend category average: $100 invested three years ago grew to $111, against $147 for the category, and to $105 over one year, against $119. Volatility over the past three years was 5.63% a year. In the 12 months to May 2026 the fund took in a net $24.0M, and assets reached $291.31M.
AIHAX Growth of $100
What $100 invested in Horizon Active Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | AIHAX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $105 | $119 |
| 3 years (Jun 2023 – May 2026) | $111 | $147 |
| 5 years (Jun 2021 – May 2026) | $96 | $136 |
| Since data start (Sep 2019 – May 2026) | $102 | $173 |
AIHAX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.39% |
| 1 year | +4.90% |
| 3 years (annualised) | +3.45% |
| 5 years (annualised) | −0.77% |
AIHAX Annual Returns
Calendar-year total returns of Horizon Active Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.39% |
| 2025 | +4.94% |
| 2024 | +1.61% |
| 2023 | +4.88% |
| 2022 | −15.03% |
| 2021 | −0.92% |
| 2020 | +7.30% |
| 2019 (Sep–Dec) | +0.48% |
AIHAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.2% | +1.2% | −2.1% | +0.5% | +0.5% | — | — | — | — | — | — | — |
| 2025 | +0.7% | +1.8% | −0.5% | −0.7% | −0.9% | +1.5% | −0.1% | +1.0% | +1.2% | +0.5% | +0.5% | −0.2% |
| 2024 | −0.2% | −1.2% | +1.0% | −2.3% | +1.4% | +0.8% | +2.1% | +1.3% | +1.2% | −1.9% | +1.2% | −1.6% |
| 2023 | +3.3% | −2.5% | +1.6% | +0.2% | −1.1% | +0.1% | +0.1% | −0.8% | −2.9% | −1.9% | +5.1% | +3.9% |
| 2022 | −2.7% | −1.5% | −2.7% | −4.4% | −0.3% | −1.3% | +1.6% | −2.2% | −3.8% | −1.1% | +3.0% | −0.7% |
| 2021 | −0.7% | −0.9% | −1.3% | +1.0% | +0.2% | +1.1% | +0.4% | +0.1% | −0.7% | 0.0% | −0.4% | +0.3% |
| 2020 | +1.2% | +0.2% | −2.7% | +2.1% | +0.9% | +0.2% | +2.9% | −0.1% | −0.6% | −0.5% | +2.4% | +1.2% |
| 2019 | — | — | — | — | — | — | — | — | −0.4% | +0.2% | −0.2% | +0.9% |
AIHAX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 5.63%
- 3-year Sharpe ratio: -0.19 (vs 4.5% risk-free rate)
- Best month: +5.06% (Nov 2023)
- Worst month: −2.85% (Sep 2023)
AIHAX Fund Flows
Monthly money in and out of Horizon Active Income Fund, from SEC Form N-PORT.
- 12-month net flow: $24.0M
- 12-month gross sales (incl. reinvestments): $84.8M
- Sales ÷ redemptions: 1.39×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $9.3M | $3.8M | $5.4M |
| Apr 2026 | $4.3M | $5.5M | −$1.2M |
| Mar 2026 | $5.1M | $4.5M | $588K |
| Feb 2026 | $8.6M | $4.0M | $4.6M |
| Jan 2026 | $7.8M | $4.7M | $3.1M |
| Dec 2025 | $11.5M | $5.1M | $6.4M |
| Nov 2025 | $5.1M | $4.9M | $229K |
| Oct 2025 | $7.0M | $5.0M | $2.0M |
| Sep 2025 | $5.5M | $8.7M | −$3.2M |
| Aug 2025 | $7.9M | $5.3M | $2.6M |
| Jul 2025 | $6.9M | $4.8M | $2.1M |
| Jun 2025 | $5.8M | $4.6M | $1.3M |
AIHAX Assets Under Management
Net assets of Horizon Active Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $291.31M |
| 2026-02-28 | $292.20M |
| 2025-11-30 | $280.47M |
| 2025-08-31 | $275.34M |
| 2025-05-31 | $265.18M |
| 2025-02-28 | $237.43M |
| 2024-11-30 | $237.45M |
| 2024-08-31 | $234.17M |
| 2024-05-31 | $222.41M |
| 2024-02-29 | $222.12M |
| 2023-11-30 | $247.63M |
| 2023-08-31 | $328.34M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.