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About Horizon Kinetics Energy and Remediation ETF
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Inception date
Feb 22, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Horizon Kinetics Asset Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US53656G5146
NVIR seeks long-term capital growth through investments in a narrow basket of stocks focused on two main categories, energy companies and related remediation companies. Using a value-driven, bottom-up, fundamental approach, the fund adviser selects 30 to 60 stocks positioned to potentially benefit from the increasing demand for hydrocarbon-based energy production, as well as firms developing technologies that minimize the environmental impacts of fossil fuels. Such companies may include those engaged in the production of oil and gas, owners of pipeline networks, gas exploration firms, water treatment systems developers, technological developers of carbon dioxide capture and storage, and environmental-friendly carbon consumption and production. The fund may invest in common or preferred stock and units of royalty trusts. The adviser expects to sell securities when they no longer fit the investment thesis or no longer attractively valued.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Energy Minerals
Producer Manufacturing
Industrial Services
Miscellaneous
Stocks99.46%
Energy Minerals29.17%
Producer Manufacturing20.43%
Industrial Services18.34%
Miscellaneous14.47%
Process Industries8.04%
Utilities4.42%
Electronic Technology2.83%
Health Technology1.76%
Bonds, Cash & Other0.54%
Cash0.54%
Stock breakdown by region
North America97.33%
Europe2.67%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NVIR invests in stocks. The fund's major sectors are Energy Minerals, with 29.17% stocks, and Producer Manufacturing, with 20.43% of the basket. The assets are mostly located in the North America region.
NVIR top holdings are Williams Companies, Inc. and Exxon Mobil Corporation, occupying 5.61% and 5.21% of the portfolio correspondingly.
NVIR last dividends amounted to 0.45 USD. The year before, the issuer paid 0.35 USD in dividends, which shows a 22.55% increase.
NVIR assets under management is 3.95 M USD. It's risen 4.25% over the last month.
NVIR fund flows account for 664.80 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NVIR pays dividends to its holders with the dividend yield of 1.44%. The last dividend (Dec 26, 2024) amounted to 0.45 USD. The dividends are paid annually.
NVIR shares are issued by Horizon Kinetics Holding Corp. under the brand Horizon. The ETF was launched on Feb 22, 2023, and its management style is Active.
NVIR expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
NVIR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NVIR invests in stocks.
NVIR price has risen by 3.29% over the last month, and its yearly performance shows a 7.46% increase. See more dynamics on NVIR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.91% over the last month, showed a 2.02% increase in three-month performance and has increased by 11.31% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.91% over the last month, showed a 2.02% increase in three-month performance and has increased by 11.31% in a year.
NVIR trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.