iShares iBoxx $ Investment Grade Corporate Bond ETF

NPORT-P false 0001643174 XXXXXXXX S000050383 C000159083 C000159084 C000159085 Horizon Funds 811-23063 0001643174 549300Q2NFSH0QP87Y93 6210 Ardrey Kell Road Suite 300 Charlotte 28277 866-371-2399 Horizon Active Income Fund S000050383 549300K0G4XL1PLHHK42 2025-11-30 2025-08-31 N 337318893.140000000000 61978184.600000000000 275340708.540000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 681705.010000000000 N iShares iBoxx $ Investment Gra 549300FYCXFXG8POR355 iShares iBoxx $ Investment Grade Corporate Bond ETF 464287242 1428.000000000000 NS USD 156794.400000000000 0.0569455933 Long EC RF US N 1 N N N iShares 7-10 Year Treasury Bon 549300XS1PPZG92M8L16 iShares 7-10 Year Treasury Bond ETF 464287440 1627.000000000000 NS USD 156436.050000000000 0.0568154454 Long EC RF US N 1 N N N iShares J.P. Morgan USD Emergi 54930070R8WH6MNUJG74 iShares J.P. Morgan USD Emerging Markets Bond ETF 464288281 354.000000000000 NS USD 33318.480000000000 0.0121008187 Long EC RF US N 1 N N iShares 5-10 Year Investment G 549300ZJOCMXQZ0RKQ84 iShares 5-10 Year Investment Grade Corporate Bond ETF 464288638 1023392.000000000000 NS USD 54904980.800000000000 19.9407421776 Long EC RF US N 1 N N N iShares TIPS Bond ETF 549300EHD1VQKMRQ0829 iShares TIPS Bond ETF 464287176 123101.000000000000 NS USD 13685138.170000000000 4.9702560303 Long EC RF US N 1 N N N Janus Henderson B-BBB CLO ETF 549300UAMX73GRTHWH74 Janus Henderson B-BBB CLO ETF 47103U753 213.000000000000 NS USD 10321.980000000000 0.0037488027 Long EC RF US N 1 N N N Janus Henderson AAA CLO ETF 549300N7UZ9PO4OVKA94 Janus Henderson AAA CLO ETF 47103U845 1011.000000000000 NS USD 51379.020000000000 0.0186601612 Long EC RF US N 1 N N N Janus Henderson Mortgage-Backe 549300V6TVE4ZJCDWY16 Janus Henderson Mortgage-Backed Securities ETF 47103U852 485439.000000000000 NS USD 21990386.700000000000 7.9866093236 Long EC RF US N 1 N N PIMCO Multisector Bond Active 5493000GFQP1EZBJDY50 PIMCO Multisector Bond Active ETF 72201R585 1534268.000000000000 NS USD 40949612.920000000000 14.8723423925 Long EC RF US N 1 N N PIMCO Active Bond Exchange-Tra WFXVQL1P1SLFR2PGV620 PIMCO Active Bond Exchange-Traded Fund 72201R775 147395.000000000000 NS USD 13641407.250000000000 4.9543735550 Long EC RF US N 1 N N N SPDR Blackstone Senior Loan ET 549300ME4SR63Y3TRD06 SPDR Blackstone Senior Loan ETF 78467V608 1222.000000000000 NS USD 50835.200000000000 0.0184626532 Long EC RF US N 1 N N N Simplify MBS ETF 529900BTWVWYXPUFO805 Simplify MBS ETF 82889N525 270096.000000000000 NS USD 13585828.800000000000 4.9341882179 Long EC RF US N 1 N N N Xtrackers USD High Yield Corpo 5493000ENPC36KSKPY20 Xtrackers USD High Yield Corporate Bond ETF 233051432 1753.000000000000 NS USD 64861.000000000000 0.0235566329 Long EC RF US N 1 N N N SPDR Portfolio Short Term Corp 549300D2BO7L1J2SO973 SPDR Portfolio Short Term Corporate Bond ETF 78464A474 712562.000000000000 NS USD 21562126.120000000000 7.8310709064 Long EC RF US N 1 N N VanEck Fallen Angel High Yield 549300A6A1N73WLV0K30 VanEck Fallen Angel High Yield Bond ETF 92189F437 3601.000000000000 NS USD 105797.380000000000 0.0384241693 Long EC RF US N 1 N N N VanEck J. P. Morgan EM Local C 549300CNWPR88MZBEA63 VanEck J. P. Morgan EM Local Currency Bond ETF 92189H300 1639.000000000000 NS USD 41565.040000000000 0.0150958571 Long EC RF US N 1 N N N Vanguard Total International B N/A Vanguard Total International Bond ETF 92203J407 542113.000000000000 NS USD 26731592.030000000000 9.7085506069 Long EC RF US N 1 N N N SPDR Portfolio Long Term Treas 549300GYQKAMF6JUVI06 SPDR Portfolio Long Term Treasury ETF 78464A664 2992.000000000000 NS USD 78450.240000000000 0.0284920600 Long EC RF US N 1 N N N First American Government Obli 549300R5MYM6VZF1RM44 First American Government Obligations Fund 31846V336 63015298.240000000000 NS USD 63015298.240000000000 22.8862991507 Long STIV RF US N 1 N N iShares 20+ Year Treasury Bond 549300WWURKS1JGBZU59 iShares 20+ Year Treasury Bond ETF 464287432 93614.000000000000 NS USD 8106972.400000000000 2.9443421000 Long EC RF US N 1 N N N iShares 1-3 Year Treasury Bond 549300W0WX9TL4G6HM56 iShares 1-3 Year Treasury Bond ETF 464287457 497.000000000000 NS USD 41241.060000000000 0.0149781920 Long EC RF US N 1 N N N iShares 1-5 Year Investment Gr 549300T14S5IX7V5T008 iShares 1-5 Year Investment Grade Corporate Bond ETF 464288646 1002.000000000000 NS USD 53095.980000000000 0.0192837377 Long EC RF US N 1 N N N iShares 10+ Year Investment Gr 5493002XJCHL78PKW767 iShares 10+ Year Investment Grade Corporate Bond ETF 464289511 495271.000000000000 NS USD 24827935.230000000000 9.0171683518 Long EC RF US N 1 N N SPDR Portfolio Intermediate Te 549300V0LZHF2UQ4WK69 SPDR Portfolio Intermediate Term Corporate Bond ETF 78464A375 1578.000000000000 NS USD 53273.280000000000 0.0193481306 Long EC RF US N 1 N N N SPDR Doubleline Total Return T 549300BX4XYYCFT9AP37 SPDR Doubleline Total Return Tactical ETF 78467V848 809943.000000000000 NS USD 32681200.050000000000 11.8693673098 Long EC RF US N 1 N N 2025-10-28 Horizon Funds /s/ Matt Chambers Matt Chambers Chief Compliance Officer XXXX