Horizon Kinetics Inflation Beneficiaries ETFHorizon Kinetics Inflation Beneficiaries ETFHorizon Kinetics Inflation Beneficiaries ETF

Horizon Kinetics Inflation Beneficiaries ETF

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Key stats


Assets under management (AUM)
‪1.10 B‬USD
Fund flows (1Y)
‪245.20 M‬USD
Dividend yield (indicated)
1.66%
Discount/Premium to NAV
0.08%
Shares outstanding
‪26.93 M‬
Expense ratio
0.85%

About Horizon Kinetics Inflation Beneficiaries ETF


Issuer
Horizon Kinetics Holding Corp.
Brand
Horizon
Inception date
Jan 11, 2021
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
INFL is Horizon Kinetics first ETF launch, with an exposure to global companies expected to be inflation beneficiaries (typically those that can increase revenue without a corresponding increase in expenses in an inflationary environment). Such companies may include: exploration and production companies, mining companies, transportation companies, infrastructure and real estate companies (with an emphasis on asset light businesses with royalty, streaming, rental, brokerage, management, and leasing exposure). INFL may also have significant exposure to securities exchange companies. The funds portfolio will comprise of approximately 20-60 issuers of any market capitalization, and its investments will generally include common stocks, ownership units of publicly traded MLPs (including general and limited partnership interests), as well as units of royalty trusts.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of January 23, 2025
Exposure type
StocksBonds, Cash & Other
Finance
Non-Energy Minerals
Miscellaneous
Stocks95.09%
Finance24.00%
Non-Energy Minerals19.66%
Miscellaneous17.69%
Commercial Services9.20%
Energy Minerals7.38%
Process Industries4.50%
Technology Services3.79%
Industrial Services3.43%
Utilities2.09%
Distribution Services1.82%
Health Technology0.87%
Transportation0.48%
Consumer Services0.13%
Producer Manufacturing0.04%
Bonds, Cash & Other4.91%
Cash4.91%
Stock breakdown by region
3%85%6%4%
North America85.42%
Europe6.38%
Asia4.96%
Oceania3.24%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows