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Horizon Flexible Income ETF declares $0.189950 dividend
Seeking Alpha News (Fri, 25-Sep 3:20 AM ET)
The Flexible Income Fund is an actively managed exchange-traded fund ("ETF") that pursues total return by primarily investing in high-yield fixed-income securities and dynamically adjusting exposures based on market and macroeconomic trends. The Fund combines high income-generating assets, tactical credit allocation, and put spread overlays to enhance return potential and provide risk-managed access to credit markets. The Fund may use options to manage risk or generate additional income by selling and purchasing put and call options on broad-based indices or ETFs that track such indices. The Fund may engage in put spreads, which involve selling a put option on a portion of the portfolio and purchasing a put option with a lower strike price. In addition to put spreads, the Fund may also buy or write put and call options on individual securities, including ETFs, or indices for investment purposes, hedging, or generating additional income. These strategies may involve writing covered call options on underlying positions to generate income. The Fund may also employ combinations of options strategies, including spreads, straddles, and collars.
Horizon Flexible Income ETF trades on the BATS stock market under the symbol FLXN.
As of September 25, 2026, FLXN stock price declined to $24.23 with 10,623 million shares trading.
FLXN has a beta of 0.32, meaning it tends to be less sensitive to market movements. FLXN has a correlation of 0.67 to the broad based SPY ETF.
FLXN has a market cap of $80.93 million. This is considered a Micro Cap stock.
FLXN has underperformed the market in the last year with a price return of +3.6% while the SPY ETF gained +17.8%. FLXN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.8% and -1.4%, respectively, while the SPY returned +5.5% and +2.0%, respectively.
FLXN support price is $24.17 and resistance is $24.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FLXN shares will trade within this expected range on the day.
