HIDDX — Horizon Active Dividend Fund
Data updated: 2026-07-10
HIDDX — Horizon Active Dividend Fund. United States Large Cap Blend / Core Equity · $170.31M AUM. Holdings, fees, performance and SEC filings.
HIDDX Fund Overview
HIDDX — Horizon Active Dividend Fund is a US mutual fund managed by Horizon Funds, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Horizon Funds
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $170.31M
- Ticker: HIDDX
- SEC CIK: 0001643174
- SEC series ID: S000055166
- Share class ID: C000173472
HIDDX Investment Objective and Strategy
Horizon Active Dividend Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Horizon Funds.
Investment objective
"Investment Objective. The investment objective of the Horizon Active Dividend Fund (the ""Active Dividend Fund"") is capital appreciation and current income."
Principal investment strategy
"The Active Dividend Fund's investment adviser, Horizon Investments, LLC (""Horizon""), seeks to achieve the Active Dividend Fund's investment objective by investing primarily in the equity securities of U.S. and foreign dividend paying companies. Equity securities include common and preferred stock, convertible debt securities, American Depositary Receipts (""ADRs"") and real estate investment trusts (""REITs""). The Active Dividend Fund employs a fundamental bottom-up process to identify companies that the Manager believes have one or more of the following characteristics: ? Dividend-paying ? Favorable long-term fundamental characteristics ? Priced below what Horizon believes to be the Company's intrinsic value ? Projected ability to grow intrinsic value per share over the long-term The intrinsic value of a security is the value that Horizon believes an informed buyer would pay for the security.
Horizon's calculation of a company's intrinsic value may consider the company's growth prospects, historic and projected return on capital, tangible and intangible asset values or projections of the company's future cash flows and may also compare the current market valuation of the company to its own historical valuation or to the current market valuation of other similar companies. The Active Dividend Fund may invest in companies of any size capitalization, although it expects to generally invest in large capitalization companies. The Fund considers a large market capitalization company to be a company with a market capitalization greater than $10 billion at the time of purchase. In addition, the Active Dividend Fund may buy or write options on puts or calls for investment purposes, to hedge other investments or to generate option premiums for the Active Dividend Fund, and may implement such investments through option combinations such as spreads, straddles, strangles and collars.
Under normal circumstances, the Active Dividend Fund will invest not less than 80% of the value of its net assets in ""dividend paying securities"", which the Adviser defines as equity securities (i) that have paid a dividend in the prior 12 calendar months or (ii) that the Adviser believes are reasonably likely to pay a dividend in the 12 calendar months following the Active Dividend Fund's acquisition of the security. The Active Dividend Fund's option strategies may involve options combinations, such as spreads or collars. In ""spread"" transactions, the Active Dividend Fund buys and writes a put or buys and writes a call on the same underlying instrument with the options having different exercise prices, expiration dates, or both. When the Active Dividend Fund engages in spread transactions, it seeks to profit from differences in the option premiums paid and received and in the market prices of the related options positions when they are closed out or sold.
A ""collar"" position combines a put option purchased by the Active Dividend Fund (the right of the Active Dividend Fund to sell a specific security within a specified period) with a call option that is written by the Active Dividend Fund (the right of the counterparty to buy the same security) in a single instrument, and the Active Dividend Fund's right to sell the security is typically set at a price that is below the counterparty's right to buy the security. Thus, the combined position ""collars"" the performance of the underlying security, providing protection from depreciation below the price specified in the put option, and allowing for participation in any appreciation up to the price specified by the call option. In each case, the premium received for writing an option offsets, in part, the premium paid to purchase the corresponding option; however, downside protection may be limited as compared to just owning a single option.
There is no limit on the number or size of the options transactions in which the Active Dividend Fund may engage; however, the Active Dividend Fund will not use options for the purpose of increasing the Active Dividend Fund's leverage with respect to any portfolio investment. The Active Dividend Fund will typically sell portfolio securities to seek to secure gains or limit potential losses, when Horizon believes that other more favorable opportunities exist or when Horizon otherwise believes it is in the best interest of the Active Dividend Fund."
HIDDX Holdings
Top 10 holdings of Horizon Active Dividend Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Alphabet Inc | 5.65% |
| Apple Inc | 5.54% |
| NVIDIA Corp | 5.48% |
| Microsoft Corp | 4.75% |
| Broadcom Inc | 4.38% |
| Amazon.com Inc | 2.87% |
| Micron Technology Inc | 2.20% |
| JPMorgan Chase & Co | 2.16% |
| Meta Platforms Inc | 2.02% |
| Cisco Systems Inc | 1.88% |
HIDDX Portfolio Allocation
Asset-class allocation of Horizon Active Dividend Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.7% |
| Cash & Equivalents | 0.4% |
HIDDX Performance
Total returns for HIDDX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 10.2% |
| 1 year | 28.2% |
| 3 years (annualised) | 20.7% |
| 5 years (annualised) | 10.6% |
HIDDX Risk Information
Risk metrics for HIDDX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.9%
HIDDX Costs and Fees
HIDDX costs about $98 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.98%
- Gross expense ratio: 0.98%
- Portfolio turnover: 10%
- Brokerage commissions: 1.72 bps of average net assets (SEC N-CEN)
HIDDX Cashflows
Over the 12 months to 2026-05, Horizon Active Dividend Fund had net inflows of $21.62M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | $2.67M |
| 2026-04 | $6.52M |
| 2026-03 | $2.62M |
| 2026-02 | $3.42M |
| 2026-01 | −$1.42M |
| 2025-12 | $5.89M |
HIDDX Debt Constituents
No individual debt constituents are reported in Horizon Active Dividend Fund's latest SEC N-PORT filing.
HIDDX Prospectus and SEC Filings
Official Horizon Active Dividend Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-07-08
- Prospectus (485BPOS) — filed 2026-03-26
- Prospectus supplement (497) — filed 2025-04-01
- Portfolio holdings (N-PORT) — filed 2026-07-10
- Portfolio holdings (N-PORT) — filed 2026-04-29
- Portfolio holdings (N-PORT) — filed 2026-01-14
- Annual census (N-CEN) — filed 2026-02-13
- Annual census (N-CEN) — filed 2025-02-13
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.