Horizon Tactical Fixed Income Fund Investor Class (HTFNX)

Overview

The Tactical Income Fund, managed by its investment adviser, is designed to offer investors access to a diverse range of income-generating securities. With a strategic allocation across various sectors of the global securities markets, the fund aims to achieve its investment objective by focusing on both growth and income. This is accomplished through a meticulously crafted portfolio that includes a wide array of asset classes, encompassing everything from government and corporate debt to preferred stocks and mortgage-backed securities. The fund's approach is characterized by its flexibility to adapt to different market conditions, seeking to provide a balanced and diversified investment solution.

Products and Services

• Fixed and Floating Rate Bonds

  Investments include bonds of U.S. and foreign corporate issuers, covering both investment-grade and non-investment-grade bonds. This allows for a varied risk profile and potential for income generation from different market segments.

• Debt Securities

  The fund invests in debt securities issued by the U.S. government, its agencies, and instrumentalities, providing a stable income source with relatively low risk. Foreign sovereign debt is also included, offering exposure to international markets.

• Preferred Stocks

  Preferred stocks offer a fixed income, often with dividends that have priority over common stock dividends, adding a layer of security for investors looking for consistent income.

• Convertible Bonds

  This investment option combines the fixed income of bonds with the potential for equity-like returns, allowing investors to convert to a predetermined number of the issuer's shares, hence offering a blend of income and growth opportunities.

• Mortgage-Backed Securities

  The fund includes mortgage-backed securities, which are secured by mortgage loans. These investments can offer regular income and are subject to both interest rate and credit risk.

• Bank Loan Assignments and Participations

  Investments in bank loan assignments and participations offer exposure to the corporate loan market, focusing on income through interest payments. These investments may carry higher risk but add diversification and potential for higher returns.