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Harbor All-Weather Inflation Focus ETF (HGER)

Access a vehicle that targets liquid and inflation sensitive commodities, accounts for the multiple forms of inflation, addresses the impact of futures roll yields, eliminates the need for K-1 tax filing*, leverages the potential benefits of an ETF, and more.

Overview
Performance
Holdings
Investment Team
Documents

Overview

Overview

as of 8/12/2022

NAV Price

$21.99

NAV Daily Change ($)

-$0.07

NAV Daily Change (%)

-0.32%

NAV YTD Return

9.95%

Market Price

$22.02

Market Daily Change ($)

--

Market Daily Change (%)

--

Market YTD Return

10.10%

Current 30-Day Sub. SEC Yield

0.60%

disclaimer

Current 30-Day Unsub. SEC Yield

0.60%

disclaimer

Effective 30-Day Sub. SEC Yield

0.60%

disclaimer

Effective 30-Day Unsub. SEC Yield

0.60%

disclaimer

Fund Facts

Inception Date

2/9/2022

Expense Ratio (%)

0.68%disclaimer

Total Net Assets (million)
(As of 8/15/2022)

$64.864

Shares Outstanding
(As of 8/15/2022)

2,950,000

Ticker

HGER

Cusip

41151J505

ISIN

US41151J5056

Benchmark

Quantix Inflation Index (QII)

Exchange

NYSE

Distributor

Foreside Fund Services, LLC

Investment Objective

The Fund seeks to track the Quantix Inflation Index**

Morningstar Category

Commodities Broad Basket

Dividend Frequency

Annually

Pricing/Trading

as of 8/12/2022

Bid/Ask Mid Price

$22.03

Closing Market Price

$22.02

Premium/Discount ($)

$0.04

Premium/Discount (%)

0.19%

 

Q1 2022

Q2 2022

Q3 2022

YTD

Days Traded at a Premium20532093
Days Traded at a Discount1591034
30-Day Median Bid/Ask Spread

0.33%

Exchange Volume (Shares)

9,253

Trading Currency

USD

Historical Premium Discount to NAV

Q1 2022
Q2 2022
Q3 2022
left quote

A Strategy Specifically Designed for Hedging Inflation

right quote

Quantix Commodities LP

Performance

Total Returns

MONTH-END
QUARTER-END
YEAR-BY-YEAR
MONTH-BY-MONTH

Fund Name

3 Mo.

Since Inception

Net Expense Ratio

Gross Expense Ratio

All-Weather Inflation Focus ETF

-6.19%

9.95%

0.68%disclaimer

0.68%

Fund Market Price

-6.20%

9.70%

--

--

Quantix Inflation Total Return Index

-5.74%

10.72%

--

--

Performance data shown represents past performance and is no guarantee of future results. Past performance is net of management fees and expenses and reflects reinvested dividends and distributions. Past performance reflects the beneficial effect of any expense waivers or reimbursements, without which returns would have been lower. Investment returns and principal value will fluctuate and when redeemed may be worth more or less than their original cost. Returns for periods less than one year are not annualized. Current performance may be higher or lower and is available through the most recent month end at harborcapital.com or by calling 800-422-1050.

The Quantix Inflation Index is calculated on a total return basis, which combines the returns of the futures contracts with the returns on cash collateral invested in 13-week U.S. Treasury Bills. This unmanaged index does not reflect fees and expenses and is not available for direct investment. The Quantix Inflation Index was developed by Quantix Commodities LP and is owned by Quantix Commodities Indices LLC.

Price History

CHART
TABLE

Sorry, there is no data available for this fund

Holdings

Portfolio Characteristics

Sorry, there is no data available for this fund

Top Ten Holdings

as of 8/11/2022

Company Name

Maturity Date

Coupon Rate (%)

Value ($000's)

% of Net Assets

986991 TRS USD R E MQCP332E TRS ON QII INDEX

--

0.0

62,292

52.7

TREASURY BILL 09/22 0.00000

9/29/2022

0.0

22,521

19.1

TREASURY BILL 11/22 0.00000

11/3/2022

0.0

22,510

19.1

993991 TRS USD R E MQCP332E TRS ON QII INDEX

--

0.0

1,654

1.4

992391 TRS USD R E MQCP332E TRS ON QII INDEX

--

0.0

1,103

0.9

992391 TRS USD P F MQCP332E TRS ON QII INDEX

8/31/2022

0.1

-1,059

-0.9

993991 TRS USD P F MQCP332E TRS ON QII INDEX

8/31/2022

0.1

-1,598

-1.4

986991 TRS USD P F MQCP332E TRS ON QII INDEX

8/31/2022

0.1

-62,115

-52.6

% of Total Holdings:

--

--

--

38.3%

This information should not be considered as a recommendation to purchase or sell a particular security. The holdings mentioned may change at any time and may not represent current or future investments.

as of 8/11/2022

Company Name

Category Name

Cusip

Maturity Date

Coupon Rate (%)

Market Value ($000's)

% of Net Assets

986991 TRS USD R E MQCP332E TRS ON QII INDEX

Equity

99S1TDY95

--

0.0

62,292

52.7

TREASURY BILL 09/22 0.00000

Bond

912796U64

9/29/2022

0.0

22,521

19.1

TREASURY BILL 11/22 0.00000

Bond

912796N96

11/3/2022

0.0

22,510

19.1

993991 TRS USD R E MQCP332E TRS ON QII INDEX

Equity

99S1TIFU8

--

0.0

1,654

1.4

992391 TRS USD R E MQCP332E TRS ON QII INDEX

Equity

99S1THT01

--

0.0

1,103

0.9

992391 TRS USD P F MQCP332E TRS ON QII INDEX

Bond

99S1THT19

8/31/2022

0.1

-1,059

-0.9

993991 TRS USD P F MQCP332E TRS ON QII INDEX

Bond

99S1TIFV6

8/31/2022

0.1

-1,598

-1.4

986991 TRS USD P F MQCP332E TRS ON QII INDEX

Bond

99S1TDYA2

8/31/2022

0.1

-62,115

-52.6

Total

--

--

--

--

45,307

38.3

Cash and Other Assets Less Liabilities

--

--

--

--

--

61.7

Total Net Assets

--

--

--

--

--

100%

Quantix Inflation Index - Daily Commodity Sector Weights

as of 8/15/2022

Commodity Sector

Commodity

Ticker

Facility

Daily Weight (%)

Petroleum

Brent Crude Oil

LCOF3

ICE

15.0

Petroleum

Gasoil

LGOX2

ICE

7.4

Petroleum

RBOB Gasoline

RBX2

CME

6.5

Petroleum

Heating Oil

HOX2

CME

6.1

Petroleum

WTI Light Crude Oil

CLX2

CME

2.7

Precious

Gold

GCZ2

CME

26.4

Precious

Silver

SIZ2

CME

2.1

Industrial

Aluminum

MALX2

LME

6.0

Industrial

Comex Copper

HGZ2

CME

6.0

Industrial

Zinc

MZNX2

LME

5.4

Industrial

Nickel

MNIX2

LME

2.6

Grains And Soybean Products

Corn

CZ2

CME

4.6

Grains And Soybean Products

Bean Oil

BOZ2

CME

3.1

Grains And Soybean Products

Soybeans

SX2

CME

2.1

Grains And Soybean Products

Kansas Wheat

KWZ2

CME

1.9

Softs

Sugar

SBH3

ICE

2.1

Investment Team

Quantix Commodities LP


Quantix Commodities LP (“Quantix”) is a commodities focused fund manager specializing in the development and management of commodities-based investment strategies. The firm is a market leader in delivering comprehensive commodity investment solutions to the marketplace.

Quantix is led by CIO Don Casturo, former Global Commodities COO and Head of EMEA Commodity Trading at Goldman Sachs, along with two founding partners. The team is highly experienced, with industry-leading pedigree and a long track record of working together.

The firm delivers strategies targeting different investment objectives for clients; after launching the all-weather, absolute return strategy in 2019, Quantix launched an inflation-focused, long only strategy in early 2021, which is part of the Investor Solutions Group at Quantix.

Documents

Fund Documents

Investing involves risk, principal loss is possible. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. Harbor ETFs are new and have limited operating history to judge.

There is no guarantee that the investment objective of the Fund will be achieved. Commodities may subject an investor to greater volatility than traditional securities such as stocks and bonds and can fluctuate significantly based on political, regulatory, market and economic conditions. Derivatives may be more volatile and less liquid than traditional investments and are subject to market, interest rate, credit, leverage, counterparty and management risks. The Fund’s investments in commodity-linked derivative instruments and the tracking of an Index comprised of commodity futures may subject the Fund to significantly greater volatility than investments in traditional securities. The Fund has a limited number of institutions that may act as authorized participants and engage in creation or redemption transactions directly with the Fund. There is no assurance that authorized participants will establish or maintain an active trading market for the Shares. This risk may be heightened during periods of volatility or market disruptions. A nondiversified Fund may invest a greater percentage of its assets in securities of a single issuer, and/or invest in a relatively small number of issuers, it is more susceptible to risks associated with a single economic, political or regulatory occurrence than a more diversified portfolio.

Shares are bought and sold at market price not net asset value (NAV). Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times.

*Schedule K-1 is an Internal Revenue Service (IRS) tax form issued annually for an investment in a partnership. A Schedule K-1 is issued to taxpayers who have invested in limited partnerships (LPs) and some exchange-traded funds (ETFs).

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Harbor Funds Distributors, Inc. is the Distributor of the Harbor Mutual Funds.
Foreside Fund Services, LLC is the Distributor of the Harbor ETFs.

Investing involves risk and the potential loss of capital.

Investors should carefully consider the investment objectives, risks, charges and expenses of a fund before investing. To obtain a summary prospectus or prospectus for this and other information, click here or call 800-422-1050. Read it carefully before investing.

All trademarks or product names mentioned herein are the property of their respective owners. Copyright © 2022 Harbor Capital Advisors, Inc. All rights reserved.