Harbor Capital Logo

Harbor PanAgora Dynamic Large Cap Core ETF (INFO)

A storied systematic approach to large cap core investing

NAV as of 10/23/2026
$27.90
NAV Daily Change
-$0.12 ↓
NAV YTD Return
13.97% ↑
Net Expense Ratio (%)
0.35
Total Net Assets (million) as of 10/26/2026
$944.253
Benchmark
S&P 500 Index

Dynamic, quant investing in pursuit of differentiated alpha with INFO

  • The Harbor PanAgora Dynamic Large Cap Core ETF (INFO) is an actively managed quantitative strategy that aims to maintain beta exposure while generating consistent alpha.
  • INFO is managed by PanAgora, a leader in the quant space with over 35 years of experience. The firm leverages a strong research platform, an extensive alpha factor library, and leading technology to drive a systematic investment process.

Investment Team

Management Team Logo

Learn More

As of 10/23/2026

$27.90

Price (NAV)

-$0.12

NAV Daily Change ($)

-0.43%

NAV Daily Change (%)

13.97%

NAV YTD Return

$27.91

Market Price

-$0.10

Market Daily Change ($)

-0.36%

Market Daily Change (%)

13.87%

Market YTD Return

As of 10/23/2026

10/9/2024

Inception Date

0.35

Expense Ratio (%)

$944.253

Total Net Assets (million)

33,850,000

Shares Outstanding
(As of 10/26/2026)

INFO

Ticker

41151J745

Cusip

NYSE

Exchange

US41151J7458

ISIN

Foreside Fund Services, LLC

Distributor

Annual

Dividend Frequency

Large Cap Core

Morningstar Category

S&P 500 Index

Benchmark

165,302,896

Implied Liquidity™ (Shares)

$4,631,223,463.04

Implied Liquidity

Investment Objective:

The Fund seeks long-term total return.

Morningstar Medalist Rating™

Morningstar Silver
Analyst-Driven %
10
Data Coverage %
76
As of 7/31/2026
The Morningstar Medalist Rating™ is the summary expression of Morningstar’s forward-looking analysis of investment strategies as offered via specific vehicles using a rating scale of Gold, Silver, Bronze, Neutral, and Negative. The Medalist Ratings indicate which investments Morningstar believes are likely to outperform a relevant index or peer group average on a risk-adjusted basis over time.

Source: Morningstar

As of 10/23/2026

$27.91

Bid/Ask Mid Price

$27.91

Closing Market Price

$0.01

Premium/Discount ($)

0.04%

Premium/Discount (%)
2025
Q1 2026
Q2 2026
Q3 2026
Q4 2026
YTD
Days Traded at a Premium
171
39
44
57
17
157
Days Traded at a Discount
79
22
18
7
--
47

0.14%

30-Day Median Bid/Ask Spread

101,290

Exchange Volume (Shares)

USD

Trading Currency

Historical Premium Discount to NAV

No Data Available

Performance

Select an option

Loading Performance Data...

3 Mo.
YTD Return
1 Yr.
Since Fund Inception
Net Expense Ratio
Gross Expense Ratio
PanAgora Dynamic Large Cap Core ETF - at NAV
3.09%
14.46%
17.95%
18.47%
0.35%
0.35%
Market Price
3.16%
14.44%
18.07%
18.54%
--
--
S&P 500 Index
2.30%
12.75%
15.74%
16.54%
--
--

Performance data shown represents past performance and is no guarantee of future results. Fund 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 S&P 500 Index is an unmanaged index generally representative of the U.S. market for large capitalization equities. This unmanaged index does not reflect fees and expenses and is not available for direct investment.

Select an option

Ex-Date
Record Date
Payable Date
Ordinary Income
Short Term Capital Gains
Long Term Capital Gains
Total Distribution
12/18/2025
12/18/2025
12/23/2025
0.08592
--
--
0.08592
12/19/2024
12/19/2024
12/25/2024
0.03333
--
--
0.03333

Holdings

As of 9/30/2026

135

Number of Holdings

1743934.8

Wtd Avg Market Cap ($Mil)

7.5

Price/Book Ratio

28.6

Adjusted Trailing P/E Ratio

33.9

% EPS Growth - Past 3 Yr

22.29

Return on Equity (%)

23.3

Forecasted P/E Ratio

As of 10/23/2026

Company Name [Ticker]
% of Net Assets
NVIDIA CORP[NVDA]
8.4
APPLE INC[AAPL]
8.3
MICROSOFT CORP[MSFT]
6.1
ALPHABET INC-CL A[GOOGL]
5.5
AMAZON.COM INC[AMZN]
3.4
META PLATFORMS INC-CLASS A[META]
2.4
ELI LILLY & CO[LLY]
2.0
BROADCOM INC[AVGO]
1.8
MICRON TECHNOLOGY INC[MU]
1.7
JOHNSON & JOHNSON[JNJ]
1.7
% of Total Holdings:
41.3%

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

As of 10/23/2026

Company Name [Ticker]
Category Name
Country
Cusip
Shares
Current Price ($)
Market Value ($)
% of Net Assets
NVIDIA CORP [NVDA]
EQUITY
67066G104
375,067
210.96
79,124,134.32
8.4
APPLE INC [AAPL]
EQUITY
037833100
226,047
347.725
78,602,193.08
8.3
MICROSOFT CORP [MSFT]
EQUITY
594918104
110,030
524.51
57,711,835.30
6.1
ALPHABET INC-CL A [GOOGL]
EQUITY
02079K305
162,494
320.21
52,032,203.74
5.5
AMAZON.COM INC [AMZN]
EQUITY
023135106
128,332
248.00
31,826,336.00
3.4
META PLATFORMS INC-CLASS A [META]
EQUITY
30303M102
35,009
642.62
22,497,483.58
2.4
ELI LILLY & CO [LLY]
EQUITY
532457108
15,055
1,273.46
19,171,940.30
2.0
BROADCOM INC [AVGO]
EQUITY
11135F101
53,983
321.68
17,365,251.44
1.8
MICRON TECHNOLOGY INC [MU]
EQUITY
595112103
18,108
877.55
15,890,675.40
1.7
JOHNSON & JOHNSON [JNJ]
EQUITY
478160104
59,922
263.81
15,808,022.82
1.7
ABBVIE INC [ABBV]
EQUITY
00287Y109
49,084
285.64
14,020,353.76
1.5
ADVANCED MICRO DEVICES [AMD]
EQUITY
007903107
26,220
516.79
13,550,233.80
1.4
PHILIP MORRIS INTERNATIONAL [PM]
EQUITY
718172109
62,222
199.47
12,411,422.34
1.3
MARATHON PETROLEUM CORP [MPC]
EQUITY
56585A102
23,956
457.22
10,953,162.32
1.2
TESLA INC [TSLA]
EQUITY
88160R101
29,342
372.22
10,921,679.24
1.2
CHEVRON CORP [CVX]
EQUITY
166764100
46,577
233.21
10,862,222.17
1.2
MASTERCARD INC - A [MA]
EQUITY
57636Q104
16,256
623.60
10,137,241.60
1.1
EOG RESOURCES INC [EOG]
EQUITY
26875P101
60,294
163.03
9,829,730.82
1.0
NEXTERA ENERGY INC [NEE]
EQUITY
65339F101
114,041
82.10
9,362,766.10
1.0
WALMART INC [WMT]
EQUITY
931142103
75,241
119.89
9,020,643.49
1.0
ANALOG DEVICES INC [ADI]
EQUITY
032654105
22,029
391.07
8,614,881.03
0.9
ALTRIA GROUP INC [MO]
EQUITY
02209S103
113,539
74.31
8,437,083.09
0.9
BANK OF NEW YORK MELLON CORP [BNY]
EQUITY
064058100
55,478
144.64
8,024,337.92
0.8
GENERAL MOTORS CO [GM]
EQUITY
37045V100
105,050
75.92
7,975,396.00
0.8
JOHNSON CONTROLS INTERNATION [JCI]
EQUITY
G51502105
55,280
143.96
7,958,108.80
0.8
EBAY INC [EBAY]
EQUITY
278642103
65,504
121.41
7,952,840.64
0.8
METLIFE INC [MET]
EQUITY
59156R108
78,111
98.82
7,718,929.02
0.8
EXXONMOBIL HOLDINGS CORP [XOM]
EQUITY
30233Q108
41,316
183.21
7,569,504.36
0.8
GENERAL ELECTRIC [GE]
EQUITY
369604301
26,336
285.64
7,522,615.04
0.8
STATE STREET CORP [STT]
EQUITY
857477103
43,879
167.83
7,364,212.57
0.8
BANK OF AMERICA CORP [BAC]
EQUITY
060505104
145,505
50.56
7,356,732.80
0.8
NORTHERN TRUST CORP [NTRS]
EQUITY
665859104
43,661
167.92
7,331,555.12
0.8
BLOCK INC [XYZ]
EQUITY
852234103
93,806
76.46
7,172,406.76
0.8
M & T BANK CORP [MTB]
EQUITY
55261F104
31,585
221.66
7,001,131.10
0.7
AMERIPRISE FINANCIAL INC [AMP]
EQUITY
03076C106
14,141
492.19
6,960,058.79
0.7
LAM RESEARCH CORP [LRCX]
EQUITY
512807306
30,231
230.10
6,956,153.10
0.7
RTX CORP [RTX]
EQUITY
75513E101
35,835
191.01
6,844,843.35
0.7
FORTINET INC [FTNT]
EQUITY
34959E109
37,427
179.99
6,736,485.73
0.7
SYNCHRONY FINANCIAL [SYF]
EQUITY
87165B103
88,351
73.64
6,506,167.64
0.7
UNITEDHEALTH GROUP INC [UNH]
EQUITY
91324P102
15,319
418.09
6,404,720.71
0.7
INCYTE CORP [INCY]
EQUITY
45337C102
55,156
115.71
6,382,100.76
0.7
JPMORGAN CHASE & CO [JPM]
EQUITY
46625H100
18,837
331.58
6,245,972.46
0.7
DELL TECHNOLOGIES -C [DELL]
EQUITY
24703L202
13,204
456.44
6,026,833.76
0.6
CITIGROUP INC [C]
EQUITY
172967424
49,643
120.62
5,987,938.66
0.6
CUMMINS INC [CMI]
EQUITY
231021106
11,265
517.40
5,828,511.00
0.6
AMPHENOL CORP-CL A [APH]
EQUITY
032095101
78,584
74.09
5,822,288.56
0.6
PALANTIR TECHNOLOGIES INC-A [PLTR]
EQUITY
69608A108
29,528
196.75
5,809,634.00
0.6
MCKESSON CORP [MCK]
EQUITY
58155Q103
5,588
1,000.77
5,592,302.76
0.6
ATMOS ENERGY CORP [ATO]
EQUITY
049560105
31,591
172.21
5,440,286.11
0.6
WILLIAMS-SONOMA INC [WSM]
EQUITY
969904101
20,954
252.47
5,290,256.38
0.6
RINGCENTRAL INC-CLASS A [RNG]
EQUITY
76680R206
59,493
83.39
4,961,121.27
0.5
APPLIED MATERIALS INC [AMAT]
EQUITY
038222105
12,970
377.24
4,892,802.80
0.5
SERVICENOW INC [NOW]
EQUITY
81762P102
30,060
158.96
4,778,337.60
0.5
HOST HOTELS & RESORTS INC [HST]
EQUITY
44107P104
193,235
24.72
4,776,769.20
0.5
NEWMONT CORP [NEM]
EQUITY
651639106
42,763
108.87
4,655,607.81
0.5
ROSS STORES INC [ROST]
EQUITY
778296103
18,987
229.30
4,353,719.10
0.5
INTUIT INC [INTU]
EQUITY
461202103
12,497
343.39
4,291,344.83
0.5
WABTEC CORP [WAB]
EQUITY
929740108
15,632
272.35
4,257,375.20
0.5
MEDTRONIC PLC [MDT]
EQUITY
G5960L103
44,524
95.41
4,248,034.84
0.4
POPULAR INC [BPOP]
EQUITY
733174700
26,658
159.24
4,245,019.92
0.4
RELIANCE INC [RS]
EQUITY
759509102
10,113
415.62
4,203,165.06
0.4
ZOOM COMMUNICATIONS INC [ZM]
EQUITY
98980L101
43,497
95.77
4,165,707.69
0.4
AVERY DENNISON CORP [AVY]
EQUITY
053611109
22,746
181.83
4,135,905.18
0.4
GILEAD SCIENCES INC [GILD]
EQUITY
375558103
26,130
156.04
4,077,325.20
0.4
INTEL CORP [INTC]
EQUITY
458140100
46,183
86.96
4,016,073.68
0.4
RENAISSANCERE HOLDINGS LTD [RNR]
EQUITY
G7496G103
11,339
352.60
3,998,131.40
0.4
HEICO CORP [HEI]
EQUITY
422806109
13,389
297.36
3,981,353.04
0.4
CROWN HOLDINGS INC [CCK]
EQUITY
228368106
33,499
117.29
3,929,097.71
0.4
ELASTIC NV [ESTC]
EQUITY
N14506104
37,529
102.43
3,844,095.47
0.4
BORGWARNER INC [BWA]
EQUITY
099724106
69,684
54.96
3,829,832.64
0.4
CROWDSTRIKE HOLDINGS INC - A [CRWD]
EQUITY
22788C105
14,865
257.57
3,828,778.05
0.4
KEYSIGHT TECHNOLOGIES IN [KEYS]
EQUITY
49338L103
11,779
314.77
3,707,675.83
0.4
HARTFORD INSURANCE GROUP INC [HIG]
EQUITY
416515104
26,617
136.76
3,640,140.92
0.4
ZIONS BANCORP NA [ZION]
EQUITY
989701107
52,897
66.20
3,501,781.40
0.4
BERKSHIRE HATHAWAY INC-CL B [BRK/B]
EQUITY
084670702
6,430
542.19
3,486,281.70
0.4
COMFORT SYSTEMS USA INC [FIX]
EQUITY
199908104
2,918
1,160.86
3,387,389.48
0.4
GRACO INC [GGG]
EQUITY
384109104
50,504
66.99
3,383,262.96
0.4
REGENERON PHARMACEUTICALS [REGN]
EQUITY
75886F107
4,199
805.02
3,380,278.98
0.4
H&R BLOCK INC [HRB]
EQUITY
093671105
66,517
49.69
3,305,229.73
0.4
CVS HEALTH CORP [CVS]
EQUITY
126650100
34,998
93.47
3,271,263.06
0.3
LAMAR ADVERTISING CO-A [LAMR]
EQUITY
512816109
21,032
155.02
3,260,380.64
0.3
CLOUDFLARE INC - CLASS A [NET]
EQUITY
18915M107
9,993
325.73
3,255,019.89
0.3
CARIS LIFE SCIENCES INC [CAI]
EQUITY
142152107
98,949
32.00
3,166,368.00
0.3
KROGER CO [KR]
EQUITY
501044101
46,421
66.77
3,099,530.17
0.3
SEAGATE TECHNOLOGY HOLDINGS [STX]
EQUITY
G7997R103
4,807
630.49
3,030,765.43
0.3
MONSTER BEVERAGE CORP [MNST]
EQUITY
61174X109
63,008
46.19
2,910,339.52
0.3
THE CIGNA GROUP [CI]
EQUITY
125523100
9,448
306.95
2,900,063.60
0.3
GARMIN LTD [GRMN]
EQUITY
H2906T109
9,818
293.74
2,883,939.32
0.3
ZSCALER INC [ZS]
EQUITY
98980G102
10,736
255.15
2,739,290.40
0.3
ALLEGION PLC [ALLE]
EQUITY
G0176J109
15,036
178.98
2,691,143.28
0.3
EXPEDIA GROUP INC [EXPE]
EQUITY
30212P303
9,290
289.01
2,684,902.90
0.3
BALL CORP [BALL]
EQUITY
058498106
40,790
64.76
2,641,560.40
0.3
OSHKOSH CORP [OSK]
EQUITY
688239201
19,939
131.70
2,625,966.30
0.3
ACUITY INC [AYI]
EQUITY
00508Y102
7,970
318.72
2,540,198.40
0.3
PALO ALTO NETWORKS INC [PANW]
EQUITY
697435105
6,606
380.55
2,513,913.30
0.3
BOOKING HOLDINGS INC [BKNG]
EQUITY
09857L108
16,132
155.83
2,513,849.56
0.3
CATERPILLAR INC [CAT]
EQUITY
149123101
3,476
685.37
2,382,346.12
0.3
ROYAL CARIBBEAN CRUISES LTD [RCL]
EQUITY
V7780T103
8,460
276.48
2,339,020.80
0.2
QUALCOMM INC [QCOM]
EQUITY
747525103
13,198
175.91
2,321,660.18
0.2
TD SYNNEX CORP [SNX]
EQUITY
87162W100
9,352
247.34
2,313,123.68
0.2
AMETEK INC [AME]
EQUITY
031100100
9,340
240.03
2,241,880.20
0.2
ALLSTATE CORP [ALL]
EQUITY
020002101
8,700
253.19
2,202,753.00
0.2
NRG ENERGY INC [NRG]
EQUITY
629377508
23,514
92.31
2,170,577.34
0.2
UBER TECHNOLOGIES INC [UBER]
EQUITY
90353T100
31,930
66.70
2,129,731.00
0.2
GAP INC/THE [GAP]
EQUITY
364760108
95,346
22.32
2,128,122.72
0.2
TYSON FOODS INC-CL A [TSN]
EQUITY
902494103
36,864
56.70
2,090,188.80
0.2
MAPLEBEAR INC [CART]
EQUITY
565394103
35,976
56.44
2,030,485.44
0.2
WELLS FARGO & CO [WFC]
EQUITY
949746101
24,179
82.39
1,992,107.81
0.2
ROCKWELL AUTOMATION INC [ROK]
EQUITY
773903109
4,594
426.11
1,957,549.34
0.2
BROADRIDGE FINANCIAL SOLUTIO [BR]
EQUITY
11133T103
10,417
183.28
1,909,227.76
0.2
RYDER SYSTEM INC [R]
EQUITY
783549108
6,987
270.90
1,892,778.30
0.2
WESTERN DIGITAL CORP [WDC]
EQUITY
958102105
5,460
343.67
1,876,438.20
0.2
TAPESTRY INC [TPR]
EQUITY
876030107
16,528
110.37
1,824,195.36
0.2
FOX CORP - CLASS A [FOXA]
EQUITY
35137L105
26,924
66.60
1,793,138.40
0.2
PARKER HANNIFIN CORP [PH]
EQUITY
701094104
2,008
880.57
1,768,184.56
0.2
CENTENE CORP [CNC]
EQUITY
15135B101
24,863
70.17
1,744,636.71
0.2
CONOCOPHILLIPS [COP]
EQUITY
20825C104
11,311
150.80
1,705,698.80
0.2
VISA INC-CLASS A SHARES [V]
EQUITY
92826C839
4,132
407.92
1,685,525.44
0.2
DOCUSIGN INC [DOCU]
EQUITY
256163106
19,526
85.27
1,664,982.02
0.2
CRH PLC [CRH]
EQUITY
G25508105
19,317
84.89
1,639,820.13
0.2
CIENA CORP [CIEN]
EQUITY
171779309
5,058
320.26
1,619,875.08
0.2
CISCO SYSTEMS INC [CSCO]
EQUITY
17275R102
14,954
106.50
1,592,601.00
0.2
MONDELEZ INTERNATIONAL INC-A [MDLZ]
EQUITY
609207105
24,310
63.80
1,550,978.00
0.2
FLEX LTD [FLEX]
EQUITY
Y2573F102
19,789
76.55
1,514,847.95
0.2
VERSANT MEDIA GROUP INC [VSNT]
EQUITY
925283103
44,531
31.43
1,399,609.33
0.1
COMCAST CORP-CLASS A [CMCSA]
EQUITY
20030N101
61,269
22.69
1,390,193.61
0.1
EQUINIX INC [EQIX]
EQUITY
29444U700
1,441
955.03
1,376,198.23
0.1
IRON MOUNTAIN INC [IRM]
EQUITY
46284V101
11,863
109.96
1,304,455.48
0.1
EVERCORE INC - A [EVR]
EQUITY
29977A105
5,154
251.88
1,298,189.52
0.1
THERMO FISHER SCIENTIFIC INC [TMO]
EQUITY
883556102
1,797
673.82
1,210,854.54
0.1
TWILIO INC - A [TWLO]
EQUITY
90138F102
4,479
261.79
1,172,557.41
0.1
COREBRIDGE FINANCIAL INC [CRBG]
EQUITY
21871X109
28,294
34.13
965,674.22
0.1
MEDPACE HOLDINGS INC [MEDP]
EQUITY
58506Q109
1,351
669.195
904,082.45
0.1
LEONARDO DRS INC [DRS]
EQUITY
52661A108
21,498
34.51
741,895.98
0.1
RAMBUS INC [RMBS]
EQUITY
750917106
7,903
85.65
676,891.95
0.1
EASTMAN CHEMICAL CO [EMN]
EQUITY
277432100
10,067
64.93
653,650.31
0.1
APPLOVIN CORP-CLASS A [APP]
EQUITY
03831W108
2,266
260.25
589,726.50
0.1
Total
--
--
--
--
--
941,690,406.17
99.4
Cash and Other Assets Less Liabilities
--
--
--
--
--
--
0.6
Total Net Assets
--
--
--
--
--
--
100.0

As of 9/30/2026

Sector Breakdown

Information Technology

INFO

40.2%

Benchmark

39.7%

Financials

INFO

12.2%

Benchmark

11.4%

Communication Services

INFO

9.1%

Benchmark

10.0%

Consumer Discretionary

INFO

8.8%

Benchmark

8.6%

Health Care

INFO

8.5%

Benchmark

9.3%

Industrials

INFO

7.8%

Benchmark

8.0%

Consumer Staples

INFO

4.0%

Benchmark

4.4%

Energy

INFO

3.3%

Benchmark

3.4%

Materials

INFO

2.2%

Benchmark

1.7%

Utilities

INFO

2.2%

Benchmark

1.9%

Real Estate

INFO

1.5%

Benchmark

1.7%

Cash

INFO

0.3%

Benchmark

0.0%

INFO: PanAgora Dynamic Large Cap Core ETF

Benchmark: S&P 500 Index

As of 9/30/2026

Economic Sector
PanAgora Dynamic Large Cap Core ETF %
S&P 500 Index %

Energy

24.1
17.2

Information Technology

9.8
7.3

Communication Services

3.5
3.1

Health Care

3.5
6.5

Materials

2.8
-2.9

Consumer Staples

-1.4
-1.9

Consumer Discretionary

-1.6
-5.1

Financials

-1.9
-0.1

Real Estate

-3.0
-5.6

Industrials

-8.4
-9.6

Utilities

-18.5
-12.4

Investment Team

Sub-advisor logo

PanAgora Asset Management is a Boston‑based investment firm founded in 1989, specializing in quantitative investing. Their proprietary approach is designed to capitalize on inefficiencies across market cycles and to deliver appealing relative and absolute returns. PanAgora's roots in managing money for large public pension plans and sovereign wealth funds underscore the institutional caliber and robustness of their approach.

Important Information

Investing involves risk, principal loss is possible. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value.

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.

There is no guarantee that the investment objective of the Fund will be achieved. Stock markets are volatile and equity values can decline significantly in response to adverse issuer, political, regulatory, market and economic conditions. Large cap stocks may fall out of favor relative to small or mid cap stocks, which may cause the Fund to underperform other equity funds that focus on small or mid cap stocks. The Fund utilizes a quantitative model and there are limitations in every quantitative model. There can be no assurances that the strategies pursued or the techniques implemented in the quantitative model will be profitable, and various market conditions may be materially less favorable to certain strategies than others. A non‑diversified 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.

The Subadvisor considers certain ESG factors in evaluating company quality which may result in the selection or exclusion of securities for reasons other than performance and the Fund may underperform relative to other funds that do not consider ESG factors.

The views expressed herein may not be reflective of current opinions, are subject to change without prior notice, and should not be considered investment advice.

Bid/Ask Mid Price: the midpoint between the highest bid and the lowest offer, as of the time that the Fund’s NAV is calculated, typically 4 p.m. Eastern Time.

Premium/Discount ($): the difference between the Fund’s market price and NAV, expressed as a percentage of NAV. A premium is the amount that the Fund is trading above the reported NAV. A discount is the amount that the Fund is trading below the reported NAV.

30‑Day Median Bid/Ask Spread: calculated by identifying national best bid and national best offer ("NBBO") for each fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage (rounded to the nearest hundredth).

Weighted Average Market Capitalization: The average size of the companies in a portfolio or index as measured by the market value of outstanding shares.

Price/Book: The price‑to‑book (P/B) ratio evaluates a firm's market value relative to its book value.

Adjusted Trailing P/E Ratio: The Adjusted Trailing P/E (Price/Earnings) Ratio is the closing stock price divided by the sum of the last 12 months actual EPS.

% EPS Growth – Past 3 year: Earnings per share refers to the bottom‑line measure of a company’s profitability defined as net income divided by the number of outstanding shares.

Return on Equity: Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity.

Forecasted P/E Ratio: a measure of the P/E (price‑to‑earnings) ratio using forecasted earnings for the P/E calculation.

Alpha is the risk‑adjusted excess return of an investment relative to the return of a benchmark index.

Beta measures the relative volatility of an investment, as an indication of its relative risk.

The Morningstar Medalist Ratings are shown for funds that have received a rating of Gold, Silver, or Bronze. The funds shown without Medalist Ratings may not have received a Medalist Rating or may have received lower ratings.

The Morningstar Medalist Rating™ is the summary expression of Morningstar’s forward‑looking analysis of investment strategies as offered via specific vehicles using a rating scale of Gold, Silver, Bronze, Neutral, and Negative. The Medalist Ratings indicate which investments Morningstar believes are likely to outperform a relevant index or peer group average on a risk‑adjusted basis over time. Investment products are evaluated on three key pillars (People, Parent, and Process) which, when coupled with a fee assessment, forms the basis for Morningstar’s conviction in those products’ investment merits and determines the Medalist Rating they’re assigned. Pillar ratings take the form of Low, Below Average, Average, Above Average, and High. Pillars may be evaluated via an analyst’s qualitative assessment (either directly to a vehicle the analyst covers or indirectly when the pillar ratings of a covered vehicle are mapped to a related uncovered vehicle) or using algorithmic techniques. Vehicles are sorted by their expected performance into rating groups defined by their Morningstar Category and their active or passive status. When analysts directly cover a vehicle, they assign the three pillar ratings based on their qualitative assessment, subject to the oversight of the Analyst Rating Committee, and monitor and reevaluate them at least every 14 months. When the vehicles are covered either indirectly by analysts or by algorithm, the ratings are assigned monthly. For more detailed information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures/.

The Morningstar Medalist Ratings are not statements of fact, nor are they credit or risk ratings. The Morningstar Medalist Rating (i) should not be used as the sole basis in evaluating an investment product, (ii) involves unknown risks and uncertainties which may cause expectations not to occur or to differ significantly from what was expected, (iii) are not guaranteed to be based on complete or accurate assumptions or models when determined algorithmically, (iv) involve the risk that the return target will not be met due to such things as unforeseen changes in management, technology, economic development, interest rate development, operating and/or material costs, competitive pressure, supervisory law, exchange rate, tax rates, exchange rate changes, and/or changes in political and social conditions, and (v) should not be considered an offer or solicitation to buy or sell the investment product. A change in the fundamental factors underlying the Morningstar Medalist Rating can mean that the rating is subsequently no longer accurate.

©2026 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Harbor Capital provides compensation in connection with obtaining or using third‑party ratings and rankings.