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Horizon Spin-off and Corporate Restructuring Fund Class C (LSHCX)

Net Asset Value
1 Day
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to achieve long-term growth of capital. Under normal market conditions, the fund will pursue its investment objective by investing at least 80% of its net assets in equity securities of spin-off companies, companies subject to other forms of corporate restructuring, parents of any such companies, and publicly traded shareholder activist holding companies which, by way of their shareholder ownership in other companies, have caused such other companies to undergo spin-offs and other forms of corporate restructurings. It may invest in any size company, including small- and medium-sized companies. The fund is non-diversified.


1 month-0.83% 3 years-2.32%
3 months+9.44% 5 years+3.55%
1 year-16.67% Since inception-1.63%
Data through --

Peer Comparisonvs. Mid-cap growth

Performance 5-yr return+3.55%+7.57%
Expense ratio2.53%1.26%
Risk 5 year sharpe ratio0.230.53
Net assets$36.6M$1.2B
Average market cap$3.4B$9.5B
Average P/E15.224.8
Portfolio turnover40%40%

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Fund Management and Purchase Info

Fund familyLiberty Street
Fund manager & tenureMurray Stahl / 9 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00


U.S. stock89.20%
International stock7.09%
Fixed income3.68%
Top 5 Sectors
Portfolio weighting
Financial service 44.83%
Consumer service 13.54%
Industrial materials 13.19%
Energy 11.98%
Media 4.28%
Top 10 Holdings
Portfolio weighting
HHC Howard Hughes Corp12.21%
TPL Texas Pacific Land Trust8.62%
IEP Icahn Enterprises LP7.77%
STRZA Starz4.26%
-- 3.80%
PYPL PayPal Holdings Inc3.62%
NEWM New Media Investment Group Inc3.27%
SSP E. W. Scripps Co3.25%
TGNA Tegna Inc3.09%
TPH TRI Pointe Group Inc2.97%

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