Horizon Kinetics Japan Owner Operator ETF JAPN
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 0.85%
- Net assets
- $23.2M
- Holdings
- 34
- 12-month distribution yield
- 0.23%
- Asset class
- Equity
Horizon Kinetics Japan Owner Operator ETF (JAPN) is an exchange-traded fund listed on the Nasdaq in the United States. Its category is Equity · International (equity). Its last price was US$26.60 on 20 Oct 2026. Its expense ratio is 0.85% a year, from its prospectus dated 30 Apr 2026. It reported net assets of US$23.17 million as of 30 Jun 2026. Its latest holdings report lists 34 holdings as of 30 Jun 2026. Over the last 12 months it paid distributions of US$0.0620 a unit, a 12-month distribution yield of 0.23%.
Fees
- Total annual operating expenses (gross)
- 0.85%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.85%
- Prospectus date
- 30 Apr 2026
- Filed with the SEC
- 27 Apr 2026
Size and reporting
- Net assets
- $23,170,877
- Total assets
- $23,193,779
- Holdings as of
- 30 Jun 2026
- Report made public
- 26 Aug 2026 (57 days after the month end)
Top holdings
Largest 25 of 34 positions, as of 30 Jun 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | Furuno Electric Co Ltd | JP3828400006 | 8.67% | $2.0M | Equity (common) | Japan | JPY |
| 2 | Japan Elevator Service Holding Japan Elevator Service Holdings Co Ltd | JP3389510003 | 4.92% | $1.1M | Equity (common) | Japan | JPY |
| 3 | Finatext Holdings Ltd | JP3803110000 | 4.74% | $1.1M | Equity (common) | Japan | JPY |
| 4 | Resorttrust Inc | JP3974450003 | 4.55% | $1.1M | Equity (common) | Japan | JPY |
| 5 | M&A Capital Partners Co Ltd | JP3167320005 | 4.36% | $1.0M | Equity (common) | Japan | JPY |
| 6 | Furyu Corp | JP3826770004 | 4.31% | $998K | Equity (common) | Japan | JPY |
| 7 | US BANK MMDA - USBGFS 7 | No identifier reported | 3.92% | $909K | Short-term investment vehicles (cash funds) | United States | USD |
| 8 | Hikari Tsushin Inc | JP3783420007 | 3.87% | $896K | Equity (common) | Japan | JPY |
| 9 | ULS Group Inc | JP3159910003 | 3.83% | $888K | Equity (common) | Japan | JPY |
| 10 | Kotobuki Spirits Co Ltd | JP3299600001 | 3.79% | $879K | Equity (common) | Japan | JPY |
| 11 | Pan Pacific International Hold Pan Pacific International Holdings Corp | JP3639650005 | 3.58% | $830K | Equity (common) | Japan | JPY |
| 12 | Internet Initiative Japan Inc | JP3152820001 | 3.48% | $807K | Equity (common) | Japan | JPY |
| 13 | Oro Co Ltd | JP3201900002 | 3.40% | $788K | Equity (common) | Japan | JPY |
| 14 | Visional Inc | JP3800270005 | 3.39% | $786K | Equity (common) | Japan | JPY |
| 15 | KeePer Technical Laboratory Co KeePer Technical Laboratory Co Ltd | JP3236320002 | 2.96% | $685K | Equity (common) | Japan | JPY |
| 16 | Yonex Co Ltd | JP3960000002 | 2.77% | $641K | Equity (common) | Japan | JPY |
| 17 | Transaction Co Ltd | JP3635670007 | 2.75% | $637K | Equity (common) | Japan | JPY |
| 18 | IG Port Inc | JP3833770005 | 2.70% | $626K | Equity (common) | Japan | JPY |
| 19 | OBIC Bus Consult OBIC Business Consultants Co Ltd | JP3173500004 | 2.65% | $614K | Equity (common) | Japan | JPY |
| 20 | Towa Corp | JP3555700008 | 2.50% | $580K | Equity (common) | Japan | JPY |
| 21 | Starts Publishing Corp | JP3399210008 | 2.49% | $577K | Equity (common) | Japan | JPY |
| 22 | AlphaPolis Co Ltd | JP3126410004 | 2.31% | $536K | Equity (common) | Japan | JPY |
| 23 | Tsuburaya Fields Holdings Inc | JP3802680003 | 2.27% | $525K | Equity (common) | Japan | JPY |
| 24 | Sega Sammy Holdings Inc | JP3419050004 | 2.16% | $501K | Equity (common) | Japan | JPY |
| 25 | M3 Inc | JP3435750009 | 1.98% | $458K | Equity (common) | Japan | JPY |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Equity (common) | 95.84% | |
| Short-term investment vehicles (cash funds) | 3.92% |
Country
| Country | Weight | Bar |
|---|---|---|
| Japan | 95.84% | |
| United States | 3.92% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| Japanese yen (JPY) | 95.84% | |
| US dollar (USD) | 3.92% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $0.0620
- 12-month yield
- 0.23%
- Frequency
- Irregular
- Latest ex-date
- 23 Dec 2025
12-month yield = distributions per unit with an ex-date in the last 12 months ($0.0620) ÷ latest price ($26.60) × 100 = 0.23%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (1 payments)
| Ex-date | Amount per unit |
|---|---|
| 23 Dec 2025 | $0.0620 |
Filings and sources
- Form N-PORT report for June 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000092105) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- JAPN and VXUS Vanguard Total International Stock ETF
- JAPN and VEA Vanguard FTSE Developed Markets ETF
- JAPN and IEFA iShares Core MSCI EAFE ETF
- JAPN and VWO Vanguard FTSE Emerging Markets ETF