# Portfolio overlap — MCOCX vs AIHAX Comparing **Madison Conservative Allocation Fund** (2026-04-30) and **Horizon Active Income Fund** (2026-02-28). - Shared positions: 2 - Madison Conservative Allocation Fund covered by Horizon Active Income Fund: 0.06507047163008213342363121111 - Horizon Active Income Fund covered by Madison Conservative Allocation Fund: 0.06507047163008213342363121111 ## Madison Conservative Allocation Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Madison Core Bond Fund | 0.482534 | | | INVESCO S&P 500 QUALITY ETF MUTUAL FUND | 0.076318 | | | VANGUARD FTSE ALL WORLD EX US ETF | 0.039382 | | | V/E JPM EM L C B | 0.039065 | | | Distillate U.S. Fundamental Stability & Value ETF | 0.036485 | | | Janus Henderson Mortgage-Backed Securities ETF | 0.034620 | ✓ | | Madison Large Cap Fund | 0.033428 | | | ISHARES MSCI EMERGING MARKETS ASIA ETF | 0.033424 | | | iShares 5-10 Year Investment Grade Corporate Bond ETF | 0.030451 | ✓ | | ISHARES CORE US GROWTH ETF | 0.029516 | | | VANGUARD INF T E | 0.027781 | | | State Street Navigator Securities Lending Government Money Market Portfolio | 0.025490 | | | SCHWAB INTERMEDIATE TERM U S TREASURY ETF | 0.024858 | | | ISHARES CORE S+P SMALL CAP ETF ISHARES CORE S+P SMALL CAP E | 0.023133 | | | State Street SPDR S&P Bank ETF | 0.019848 | | | State Street Navigator Securities Lending Portfolio II | 0.019289 | | | Vanguard International Equity Index Funds FTSE EUROPE ETF | 0.017000 | | | Franklin Templeton ETF Trust FTSE JAPAN ETF | 0.007379 | | ## Horizon Active Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | iShares 5-10 Year Investment Grade Corporate Bond ETF | 0.182643 | ✓ | | PIMCO MULTISECTOR BOND ACTV MUTUAL FUND | 0.163023 | | | State Street DoubleLine TR Tact ETF | 0.108060 | | | FRST AM-GV OB-X | 0.096211 | | | VANGUARD TOTAL INTERNATIONAL BOND ETF | 0.087325 | | | iShares 10+ Year Investment Grade Corporate Bond ETF | 0.083238 | | | Janus Henderson Mortgage-Backed Securities ETF | 0.073264 | ✓ | | State Street SPDR Portfolio Short Term Corporate Bond ETF | 0.070735 | | | PIMCO Active Bond Exchange-Traded Fund | 0.045655 | | | ISHARES TIPS BOND ETF MUTUAL FUND | 0.045091 | | | SIMPLIFY MBS ETF | 0.044754 | | ## Sources - N-PORT (fund A) — accession `0001410368-26-064088` (as of 2026-04-30) - N-PORT (fund B) — accession `0000894189-26-013891` (as of 2026-02-28) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _