About Horizon Active Risk Assist Fund - Advisor Class (ARAAX) — Dividend Analysis 2026
The fund seeks to achieve its objective by using a multi-discipline active asset allocation investment approach. The adviser executes its global securities allocation strategy by allocating assets across one or more sectors of the global securities markets. Normally, the fund invests a majority of its assets in equity securities or ETFs that invest primarily in equity securities; however, it may invest in fixed income securities or in ETFs that invest primarily in such securities.
Is ARAAX a good dividend investment in 2026?
ARAAX offers a 9.61% forward yield with a 50% payout ratio. Strand Safety Score: 48/100 (Moderate Risk). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
ARAAX DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your ARAAX portfolio grows to $25.0K vs $19.6K without reinvestment. This is the compound interest effect in action.
ARAAX dividend growth history & forecast
ARAAX has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 9.61%.
Company not generating EBITDA — debt servicing risk is elevated
Earnings Momentum+0.9B → +0.9B → +1.0B
8 / 30 pts
8/30
Net income is positive but trending down — watch for further deterioration
OVERALL ASSESSMENT
Dividend at moderate risk — monitor coverage and debt closely.
STRAND SCORE
48
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 ARAAX Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold ARAAX.
Gross yield
9.61%
Tax rate
15.00%
After-tax yield
8.17%
Real yield (−CPI)
5.37%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
9.61%
6.81%
$961 / yr
🇺🇸 US Taxable (15%) ✓
15%
8.17%
5.37%
$817 / yr
🇺🇸 US Taxable (20%)
20%
7.69%
4.89%
$769 / yr
🇬🇧 UK ISA
0%
9.61%
6.81%
$961 / yr
🇬🇧 UK Taxable
8.75%
8.77%
5.97%
$877 / yr
🇨🇦 TFSA
0%
9.61%
6.81%
$961 / yr
🇨🇦 CA Taxable
25%
7.21%
4.41%
$721 / yr
🇦🇺 Super (pension)
15%
8.17%
5.37%
$817 / yr
🇦🇺 AU Taxable
30%
6.73%
3.93%
$673 / yr
🇩🇪 DE Taxable
26.375%
7.08%
4.28%
$708 / yr
🇫🇷 FR Taxable
30%
6.73%
3.93%
$673 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 ARAAX Income Goal & Break-Even
Dividend Break-Even
13yr
Years for dividends to fully repay your ARAAX investment of $23.60/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$11.9K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$9.5K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in ARAAX for:
Shares needed
12,450
Capital required
$293,820
Monthly income
$2,000
Based on current dividend of $2.27/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 ARAAX Dividend Payment Schedule
ARAAX pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$4.82 / payment
$19.28 / year after tax
100 shares
$48.20 / payment
$192.78 / year after tax
1,000 shares
$481.96 / payment
$1927.84 / year after tax
📊 ARAAX vs Financial Services Benchmarks
How ARAAX compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+6.71% vs sectorBetter
ARAAX
9.61%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
ARAAX
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
ARAAX
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for ARAAX sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ ARAAX Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
0.90
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
5/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the ARAAX dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →