Horizon Flexible Income ETF(CBOE:FLXN)

FLXN focuses on high-yield, US dollardenominated fixed-income securities including bonds, loans, mortgage- and asset-backed securities, preferred stock, and ETFs. It seeks current income and total return by dynamically adjusting exposure using a proprietary risk-timing model that increases positions when conditions favor high-yield and reduces them when risk rises. The portfolio spans all maturities and sectors and may concentrate in certain areas when warranted. Options strategies, including put spreads, covered calls, naked options, and collars on indices, ETFs, or securities, aim to generate income, hedge losses, and improve the risk/return profile. The fund is actively managed and adjusts frequently in response to market trends.