What is INFL?

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.

PERFORMANCE [as of 03/22/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
INFL -3.03% -4.63% -5.46% -9.41% -- -- --
INFL (NAV) -2.92% -4.66% -5.30% -8.83% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI ACWI + Frontier Markets IMI Index -1.99% 3.17% 2.92% -10.74% 18.42% 5.65% 7.58%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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.

INFL Summary Data

01/11/21
0.85%
$1.17B
No Underlying Index
MSCI ACWI + Frontier Markets IMI Index
Open-Ended Fund

Peers

MSCI ACWI + Frontier Markets IMI Index

Fund Flows

-$0.02B 5 Days
-$0.04B 30 Days
-$0.07B 90 Days

INFL Portfolio Data

$22.69B
15.48
2.64
1.74%
N/A
44

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%
0.03%
Qualified dividends
No

INFL Fund Structure

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

Factset Analytics Block Liquidity

As of 03/23/23

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

260,994
$8.15M
192,368
$6.16M
0.07%
$0.02
0.01%
0.57% / -0.41%
None
84.05%
25,000
7.69
0.03%
0.15%
201
$29.79
5

INFL Sector/Industry Breakdown

INFL Segment
Benchmark
27.62% --
21.36% --
20.18% --
12.25% --
7.15% --
3.65% --
2.68% --
2.51% --
1.45% --
1.15% --

INFL Top 10 Holdings

5.43%
5.31%
4.80%
4.38%
3.74%
3.71%
43.90%

INFL Performance Statistics

0.66
0.95
0.89
1.05
0.87%
MSCI ACWI + Frontier Markets IMI Index

INFL Countries

INFL Segment
Benchmark
52.61% 59.30%
29.40% 3.10%
4.97% 2.21%
4.39% 2.07%
4.19% 4.04%
3.84% 0.43%
0.61% 6.01%
-- 1.39%
-- 0.60%
-- 1.10%

INFL Regions

INFL Segment
Benchmark
82.01% 62.41%
9.41% 18.41%
8.58% 16.64%
-- 0.97%
-- 1.53%

INFL Economic Development

INFL Segment
Benchmark
100.00% 92.78%
0.00% 7.18%

INFL Benchmark Comparison Holdings

44
9408
37
0.98%

INFL Benchmark Comparison Summary

INFL Segment
Benchmark
44 9408
$22.69B $262.66B
15.48 17.28
2.64 2.54
2.50% 2.02%
Medium Low

INFL Benchmark Comparison Market Cap Size

INFL Segment
Benchmark
51.11% 79.75%
35.07% 14.65%
11.28% 4.98%
1.22% 0.50%

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.