BNDY ETF — Horizon Core Bond ETF

Horizon Core Bond ETF (BNDY)

BNDY is an ETF. As of August 19, 2026, its distribution rate is 5.94%, its trailing-12-month yield is 6.51%, its expense ratio is 0.66%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Fund total return is 5.8% over the past 1.1 years, 18.3 points behind SPY at 24.1%.

At the current 5.94% distribution rate, a $10,000 investment would generate approximately $594 per year, or $49.50 per month on an equivalent basis.

Horizon Core Bond ETF is a fixed income fund that invests primarily in investment-grade, U.S. dollar-denominated taxable bonds selected through a systematic approach evaluating risk and return characteristics. The fund carries a modest current distribution rate and has an expense ratio of 0.66%. It appeals to income-focused investors seeking exposure to core bond market segments.

BNDY performance versus SPY

Data as of August 19, 2026.

Fund total return is 5.8% over the past 1.1 years, 18.3 points behind SPY at 24.1%. Its deepest 1-year drawdown was 3.9%.

BNDY key facts

Data as of August 19, 2026.

Distribution Safety Score™

50 · Caution

Issuer

Horizon Investments

Asset type

ETF

Asset class

Fixed Income

Inception date

07/02/2025

Expense ratio

0.66%

Distribution rate

5.94%

Trailing yield

6.51%

Last close

$24.76

AUM

$400,041,857

Average volume

26531.0

Last dividend

$0.1458

Ex-dividend date

06/29/2026

Beta

0.2313

P/E ratio

25.3584

How Dividend Vision calculates yield and returns

Distribution rate (5.94%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (6.51%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Horizon Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BNDY risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 3.9%.

Who may consider BNDY — and who may not

BNDY may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Horizon Investments.