Horizon Kinetics Japan Owner Operator ETF (JAPN)

Assets	$9.90M
Expense Ratio	0.85%
PE Ratio	20.74
Shares Out	325,000
Dividend (ttm)	n/a
Dividend Yield	n/a
Ex-Dividend Date	n/a
Payout Ratio	n/a
1-Year Return	n/a

Volume	8,059
Open	28.99
Previous Close	28.93
Day's Range	28.87 - 29.09
52-Week Low	25.00
52-Week High	30.25
Beta	n/a
Holdings	33
Inception Date	May 12, 2025

About JAPN

Fund Home Page

The Horizon Kinetics Japan Owner Operator ETF (JAPN) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in a portfolio of Japanese companies that are owner-operated, or whose owners have significant stakes in their companies. The fund seeks long-term capital growth. JAPN was launched on May 12, 2025 and is issued by Horizon Kinetics.

• Asset Class: Equity
• Category: Japan Stock
• Region: Global
• Stock Exchange: NASDAQ
• Ticker Symbol: JAPN
• ETF Provider: Horizon Kinetics

Top 10 Holdings

50.02% of assets

Name	Symbol	Weight
DEPOSITS WITH BROKER FOR SHORT POSITIONS	n/a	7.23%
Furuno Electric Co., Ltd.	6814	6.46%
ULS Group, Inc.	3798	5.07%
Japan Elevator Service Holdings Co.,Ltd.	6544	5.04%
oRo Co., Ltd.	3983	5.01%
Visional, Inc.	4194	4.58%
Resorttrust, Inc.	4681	4.53%
Hikari Tsushin, Inc.	9435	4.11%
Pan Pacific International Holdings Corporation	7532	4.11%
Finatext Holdings Ltd.	4419	3.88%