INFL Horizon Kinetics Inflation Beneficiaries ETF

*Unless otherwise stated, data provided by FactSet.

INFL Fund Description

INFL is an actively-managed fund seeking long-term capital growth in inflation-adjusted terms from companies expected to benefit, directly or indirectly, from inflation.

INFL Factset Analytics Insight

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 fund’s 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.

PERFORMANCE [as of 09/23/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
INFL -11.58% -1.98% -10.93% -6.87% -- -- --
INFL (NAV) -11.48% -1.75% -10.52% -6.30% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI ACWI + Frontier Markets IMI Index -10.37% -4.33% -23.89% -21.60% 4.22% 4.70% 7.33%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

INFL Summary Data

Horizons
01/11/21
Open-Ended Fund
0.85%
$1.21B
$7.68M
0.09%

INFL Portfolio Data

$24.22B
15.35
2.83
1.63%
N/A
40

INFL Index Data

No Underlying Index
Proprietary
Proprietary
MSCI ACWI + Frontier Markets IMI Index

INFL Portfolio Management

0.85%
--
--
--

INFL Tax Exposures

20.00% / 39.60%
0.05%
Qualified dividends
No

INFL Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

INFL Factset Analytics Block Liquidity

As of 09/26/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of INFL. INFL is rated a 5 out of 5.

INFL Tradability

256,681
$7.68M
201,081
$6.17M
0.09%
$0.03
0.05%
1.80% / -0.48%
None
84.92%
25,000
8.04
0.03%
0.14%
1,290
$27.69
5

INFL Sector/Industry Breakdown


INFL
Segment Benchmark
31.10%
--
24.62%
--
15.22%
--
12.70%
--
3.82%
--
3.38%
--
2.71%
--
2.40%
--
1.44%
--
1.40%
--

INFL Top 10 Holdings[View All]

5.06%
4.82%
3.91%
3.80%
3.64%
44.88%

INFL Countries


INFL
Segment Benchmark
53.27%
61.08%
29.09%
3.14%
5.67%
2.05%
3.94%
--
3.76%
1.75%
3.62%
4.00%
0.65%
5.86%
--
0.58%
--
2.49%
--
0.56%

INFL Regions


INFL
Segment Benchmark
82.36%
64.22%
10.26%
17.71%
7.38%
15.56%
--
0.90%
--
1.56%

INFL Economic Development


INFL
Segment Benchmark
100.00%
92.91%
0.00%
7.04%

INFL Performance Statistics

0.60
0.86
0.79
0.98
0.84%
MSCI ACWI + Frontier Markets IMI Index

INFL Benchmark Comparison Holdings

40
9545
36
1.06%

INFL Benchmark Comparison Summary


INFL
Segment Benchmark
40
9545
$24.22B
$322.98B
15.35
16.44
2.83
2.45
2.31%
1.97%
Medium
Low

INFL Benchmark Comparison Market Cap Size


INFL
Segment Benchmark
53.86%
79.63%
29.58%
14.67%
14.58%
5.05%
1.13%
0.55%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.