SIGN IN
Harbor Scientific Alpha Income ETF (SIFI)

Harbor Scientific Alpha Income ETF (SIFI)

Taking a scientific approach to active fixed income investing

Overview
Performance
Holdings
Investment Team
Documents

Overview

Current Price

as of 11/29/2022

NAV Price

$42.43

NAV Daily Change ($)

-$0.05

NAV Daily Change (%)

-0.12%

NAV YTD Return

-11.18%

Market Price

$42.60

Market Daily Change ($)

$0.04

Market Daily Change (%)

0.09%

Market YTD Return

-11.10%

Current 30-Day Sub. SEC Yield

6.39%

disclaimer

Current 30-Day Unsub. SEC Yield

6.39%

disclaimer

Effective 30-Day Sub. SEC Yield

6.58%

disclaimer

Effective 30-Day Unsub. SEC Yield

6.58%

disclaimer

Fund Facts

Inception Date

9/14/2021

Expense Ratio (%)

0.50%

Total Net Assets (million)
(As of 11/30/2022)

$29.7

Shares Outstanding
(As of 11/30/2022)

700,000

Ticker

SIFI

Cusip

41151J208

ISIN

US41151J2087

Benchmark

The Bloomberg Barclays U.S. Aggregate Bond Index

Exchange

NYSE

Distributor

Foreside Fund Services, LLC

Investment Objective

The Fund seeks total return

Morningstar Category

Multi-Sector Bond

Dividend Frequency

Monthly

Pricing/Trading

as of 11/29/2022

Bid/Ask Mid Price

$42.60

Closing Market Price

$42.60

Premium/Discount ($)

$0.17

Premium/Discount (%)

0.41%

 

2021

Q1 2022

Q2 2022

Q3 2022

Q4 2022

YTD

Days Traded at a Premium7459606441224
Days Traded at a Discount132005
30-Day Median Bid/Ask Spread

0.19%

Exchange Volume (Shares)

--

Trading Currency

USD

Historical Premium Discount to NAV

2021
Q1 2022
Q2 2022
Q3 2022
Q4 2022
left quote

Seeking an alternative approach to income?

right quote

Consider Harbor scientific fixed income ETFs

Performance

Total Returns

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

Fund Name

3 Mo.

YTD Return

1 Yr.

Since Inception

Net Expense Ratio

Gross Expense Ratio

Scientific Alpha Income ETF

-3.51%

-12.60%

-12.02%

-12.13%

0.50%

0.50%

Fund Market Price

-3.69%

-12.79%

-12.25%

-12.06%

--

--

Bloomberg US Aggregate Bond Index

-8.23%

-15.72%

-15.68%

-14.94%

--

--

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 Bloomberg US Aggregate Bond Index is an unmanaged index of investment-grade fixed-rate debt issues with maturities of at least one year. This unmanaged index does not reflect fees and expenses and is not available for direct investment.

Price History

TABLE
CHART
DatePrice (NAV)

10/18/2022

$41.59

10/19/2022

$41.47

10/20/2022

$41.42

10/21/2022

$41.41

10/24/2022

$41.45

10/25/2022

$41.61

10/26/2022

$41.77

10/27/2022

$41.95

10/28/2022

$41.95

10/31/2022

$41.88

11/1/2022

$41.73

11/2/2022

$41.70

11/3/2022

$41.50

11/4/2022

$41.59

11/7/2022

$41.58

11/8/2022

$41.61

11/9/2022

$41.57

11/10/2022

$42.04

11/11/2022

$42.08

11/14/2022

$42.13

11/15/2022

$42.27

11/16/2022

$42.31

11/17/2022

$42.18

11/18/2022

$42.26

11/21/2022

$42.25

11/22/2022

$42.35

11/23/2022

$42.50

11/25/2022

$42.51

11/28/2022

$42.48

11/29/2022

$42.43

Distribution History

Ex-Date

Record Date

Payable Date

Ordinary Income

Short Term Capital Gains

Long Term Capital Gains

Total Distribution

11/1/2022

11/2/2022

11/4/2022

0.12950

--

--

0.12950

10/3/2022

10/4/2022

10/6/2022

0.12893

--

--

0.12893

9/1/2022

9/2/2022

9/7/2022

0.11214

--

--

0.11214

8/1/2022

8/2/2022

8/4/2022

0.12651

--

--

0.12651

7/1/2022

7/5/2022

7/7/2022

0.11025

--

--

0.11025

6/1/2022

6/2/2022

6/6/2022

0.11493

--

--

0.11493

5/2/2022

5/3/2022

5/5/2022

0.11201

--

--

0.11201

4/1/2022

4/4/2022

4/6/2022

0.12177

--

--

0.12177

3/1/2022

3/2/2022

3/4/2022

0.09451

--

--

0.09451

2/1/2022

2/2/2022

2/4/2022

0.05914

--

--

0.05914

12/22/2021

12/23/2021

12/28/2021

0.13939

--

--

0.13939

12/1/2021

12/2/2021

12/6/2021

0.13642

--

--

0.13642

11/1/2021

11/2/2021

11/4/2021

0.14607

--

--

0.14607

Holdings

Portfolio Characteristics

as of 11/29/2022

Scientific Alpha Income ETF

Number of Bonds

161

Avg. Market Coupon (%)

4.78

Wtd. Avg. Maturity (yrs)

4.6

Wtd. Avg. Duration (yrs)

2.99

Top Ten Holdings

as of 11/29/2022

Company Name

Maturity Date

Coupon Rate (%)

Value ($000's)

% of Net Assets

XEROX HOLDINGS CORP COMPANY GUAR 144A 08/28 5.5

8/15/2028

5.5

323

1.1

BAE SYSTEMS HOLDINGS INC COMPANY GUAR 144A 10/24 3.8

10/7/2024

3.8

292

1.0

NEW FORTRESS ENERGY INC SR SECURED 144A 09/25 6.75

9/15/2025

6.8

292

1.0

ALTRIA GROUP INC COMPANY GUAR 02/29 4.8

2/14/2029

4.8

287

1.0

REPUBLIC SERVICES INC SR UNSECURED 08/24 2.5

8/15/2024

2.5

287

1.0

IMPERIAL BRANDS FIN PLC COMPANY GUAR 144A 07/24 3.125

7/26/2024

3.1

285

1.0

AMCOR FINANCE USA INC COMPANY GUAR 04/26 3.625

4/28/2026

3.6

283

1.0

O REILLY AUTOMOTIVE INC SR UNSECURED 09/27 3.6

9/1/2027

3.6

283

1.0

ALEXANDER FUNDING TRUST SR SECURED 144A 11/23 1.841

11/15/2023

1.8

283

1.0

EDGEWELL PERSONAL CARE COMPANY GUAR 144A 06/28 5.5

6/1/2028

5.5

282

1.0

% of Total Holdings:

--

--

--

10.1%

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 11/29/2022

Company Name

Category Name

Cusip

Maturity Date

Coupon Rate (%)

Market Value ($000's)

% of Net Assets

XEROX HOLDINGS CORP COMPANY GUAR 144A 08/28 5.5

Bond

98421MAB2

8/15/2028

5.5

323

1.1

BAE SYSTEMS HOLDINGS INC COMPANY GUAR 144A 10/24 3.8

Bond

05523UAK6

10/7/2024

3.8

292

1.0

NEW FORTRESS ENERGY INC SR SECURED 144A 09/25 6.75

Bond

644393AA8

9/15/2025

6.8

292

1.0

ALTRIA GROUP INC COMPANY GUAR 02/29 4.8

Bond

02209SBD4

2/14/2029

4.8

287

1.0

REPUBLIC SERVICES INC SR UNSECURED 08/24 2.5

Bond

760759AU4

8/15/2024

2.5

287

1.0

IMPERIAL BRANDS FIN PLC COMPANY GUAR 144A 07/24 3.125

Bond

45262BAA1

7/26/2024

3.1

285

1.0

AMCOR FINANCE USA INC COMPANY GUAR 04/26 3.625

Bond

02343UAG0

4/28/2026

3.6

283

1.0

O REILLY AUTOMOTIVE INC SR UNSECURED 09/27 3.6

Bond

67103HAF4

9/1/2027

3.6

283

1.0

ALEXANDER FUNDING TRUST SR SECURED 144A 11/23 1.841

Bond

014621AA4

11/15/2023

1.8

283

1.0

EDGEWELL PERSONAL CARE COMPANY GUAR 144A 06/28 5.5

Bond

28035QAA0

6/1/2028

5.5

282

1.0

WOODSIDE FINANCE LTD COMPANY GUAR 144A 03/29 4.5

Bond

980236AQ6

3/4/2029

4.5

282

0.9

RAYONIER AM PROD INC SR SECURED 144A 01/26 7.625

Bond

75508EAB4

1/15/2026

7.6

282

0.9

RELX CAPITAL INC COMPANY GUAR 03/29 4

Bond

74949LAC6

3/18/2029

4.0

280

0.9

KOPPERS INC COMPANY GUAR 144A 02/25 6

Bond

500605AH3

2/15/2025

6.0

280

0.9

YARA INTERNATIONAL ASA SR UNSECURED 144A 06/28 4.75

Bond

984851AF2

6/1/2028

4.8

277

0.9

HILTON DOMESTIC OPERATIN COMPANY GUAR 01/30 4.875

Bond

432833AF8

1/15/2030

4.9

274

0.9

WILLIAMS SCOTSMAN INTL SR SECURED 144A 08/28 4.625

Bond

96950GAE2

8/15/2028

4.6

273

0.9

FAIR ISAAC CORP SR UNSECURED 144A 06/28 4

Bond

303250AF1

6/15/2028

4.0

272

0.9

VICI PROPERTIES / NOTE COMPANY GUAR 144A 02/27 3.75

Bond

92564RAD7

2/15/2027

3.8

272

0.9

RAIN CII CARBON LLC/CII SECURED 144A 04/25 7.25

Bond

75079RAC2

4/1/2025

7.3

269

0.9

HERBALIFE/HLF FINANCING COMPANY GUAR 144A 09/25 7.875

Bond

42704MAA0

9/1/2025

7.9

268

0.9

LAMB WESTON HLD COMPANY GUAR 144A 01/30 4.125

Bond

513272AD6

1/31/2030

4.1

264

0.9

SIRIUS XM RADIO INC COMPANY GUAR 144A 07/28 4

Bond

82967NBJ6

7/15/2028

4.0

263

0.9

VECTOR GROUP LTD SR SECURED 144A 02/29 5.75

Bond

92240MBL1

2/1/2029

5.8

259

0.9

HOLOGIC INC COMPANY GUAR 144A 02/29 3.25

Bond

436440AP6

2/15/2029

3.3

259

0.9

MERCK + CO INC SR UNSECURED 12/28 1.9

Bond

58933YBD6

12/10/2028

1.9

259

0.9

ORACLE CORP SR UNSECURED 03/28 2.3

Bond

68389XCD5

3/25/2028

2.3

258

0.9

CENTENE CORP SR UNSECURED 02/30 3.375

Bond

15135BAV3

2/15/2030

3.4

256

0.9

CDW LLC/CDW FINANCE COMPANY GUAR 02/29 3.25

Bond

12513GBF5

2/15/2029

3.3

254

0.9

BROADCOM INC COMPANY GUAR 144A 02/28 1.95

Bond

11135FBE0

2/15/2028

1.9

253

0.9

OPEN TEXT CORP COMPANY GUAR 144A 02/28 3.875

Bond

683715AC0

2/15/2028

3.9

251

0.8

BAT CAPITAL CORP COMPANY GUAR 03/28 2.259

Bond

05526DBR5

3/25/2028

2.3

250

0.8

TRINET GROUP INC COMPANY GUAR 144A 03/29 3.5

Bond

896288AA5

3/1/2029

3.5

246

0.8

ASHLAND LLC COMPANY GUAR 144A 09/31 3.375

Bond

04433LAA0

9/1/2031

3.4

242

0.8

GRUBHUB HOLDINGS INC COMPANY GUAR 144A 07/27 5.5

Bond

40010PAA6

7/1/2027

5.5

226

0.8

KINGDOM OF BAHRAIN SR UNSECURED 144A 01/26 7

Bond

05674RAF1

1/26/2026

7.0

205

0.7

MINERAL RESOURCES LTD SR UNSECURED 144A 05/30 8.5

Bond

603051AD5

5/1/2030

8.5

203

0.7

GEO GROUP INC/THE SECURED 06/28 10.5

Bond

36162JAC0

6/30/2028

10.5

201

0.7

ROYAL CARIBBEAN CRUISES SR UNSECURED 144A 08/27 11.625

Bond

780153BL5

8/15/2027

11.6

201

0.7

GEN DIGITAL INC COMPANY GUAR 144A 09/30 7.125

Bond

668771AL2

9/30/2030

7.1

201

0.7

VERISIGN INC SR UNSECURED 04/25 5.25

Bond

92343EAH5

4/1/2025

5.3

200

0.7

HUNGARY SR UNSECURED 03/24 5.375

Bond

445545AL0

3/25/2024

5.4

200

0.7

MARATHON PETROLEUM CORP SR UNSECURED 05/25 4.7

Bond

56585ABH4

5/1/2025

4.7

198

0.7

WILLIAMS COMPANIES INC SR UNSECURED 03/24 4.3

Bond

96950FAM6

3/4/2024

4.3

198

0.7

CONAGRA BRANDS INC SR UNSECURED 11/25 4.6

Bond

205887CB6

11/1/2025

4.6

197

0.7

KEYSIGHT TECHNOLOGIES SR UNSECURED 10/24 4.55

Bond

49338LAB9

10/30/2024

4.5

197

0.7

HOWMET AEROSPACE INC SR UNSECURED 02/27 5.9

Bond

013817AJ0

2/1/2027

5.9

197

0.7

ENTERPRISE PRODUCTS OPER COMPANY GUAR 02/24 3.9

Bond

29379VBB8

2/15/2024

3.9

197

0.7

WESTINGHOUSE AIR BRAKE COMPANY GUAR 03/24 4.4

Bond

960386AN0

3/15/2024

4.4

196

0.7

HOST HOTELS + RESORTS LP SR UNSECURED 04/24 3.875

Bond

44107TAX4

4/1/2024

3.9

195

0.7

GLP CAPITAL LP / FIN II COMPANY GUAR 04/26 5.375

Bond

361841AH2

4/15/2026

5.4

195

0.7

MATTEL INC COMPANY GUAR 144A 12/27 5.875

Bond

577081BD3

12/15/2027

5.9

194

0.7

MOTOROLA SOLUTIONS INC SR UNSECURED 02/28 4.6

Bond

620076BL2

2/23/2028

4.6

194

0.7

ELEVANCE HEALTH INC SR UNSECURED 12/24 3.35

Bond

036752AC7

12/1/2024

3.4

194

0.7

NEXTERA ENERGY OPERATING COMPANY GUAR 144A 07/24 4.25

Bond

65342QAK8

7/15/2024

4.3

193

0.7

RANGE RESOURCES CORP COMPANY GUAR 05/25 4.875

Bond

75281AAS8

5/15/2025

4.9

193

0.7

CALIFORNIA RESOURCES CRP COMPANY GUAR 144A 02/26 7.125

Bond

13057QAH0

2/1/2026

7.1

193

0.6

ALLEGION US HOLDING CO COMPANY GUAR 10/24 3.2

Bond

01748NAD6

10/1/2024

3.2

192

0.6

HUNTINGTON INGALLS INDUS COMPANY GUAR 05/25 3.844

Bond

446413AS5

5/1/2025

3.8

192

0.6

USA COM PART/USA COM FIN COMPANY GUAR 04/26 6.875

Bond

91740PAC2

4/1/2026

6.9

192

0.6

TRANSURBAN FINANCE CO SR SECURED 144A 02/26 4.125

Bond

89400PAE3

2/2/2026

4.1

192

0.6

L3HARRIS TECH INC SR UNSECURED 06/28 4.4

Bond

502431AM1

6/15/2028

4.4

192

0.6

EDWARDS LIFESCIENCES COR SR UNSECURED 06/28 4.3

Bond

28176EAD0

6/15/2028

4.3

191

0.6

BRAMBLES USA INC COMPANY GUAR 144A 10/25 4.125

Bond

10510KAC1

10/23/2025

4.1

191

0.6

WEATHERFORD INTERNATIONA COMPANY GUAR 144A 04/30 8.625

Bond

947075AU1

4/30/2030

8.6

190

0.6

PTC INC COMPANY GUAR 144A 02/25 3.625

Bond

69370CAB6

2/15/2025

3.6

190

0.6

PERRIGO FINANCE UNLIMITD COMPANY GUAR 12/24 3.9

Bond

714295AC6

12/15/2024

3.9

190

0.6

REPUBLIC OF INDONESIA SR UNSECURED 01/28 3.5

Bond

455780CD6

1/11/2028

3.5

189

0.6

ENBRIDGE INC COMPANY GUAR 01/25 2.5

Bond

29250NAY1

1/15/2025

2.5

189

0.6

CIGNA CORP SR UNSECURED 03/24 0.613

Bond

125523CN8

3/15/2024

0.6

189

0.6

MICHAEL KORS USA INC COMPANY GUAR 144A 11/24 4.25

Bond

59408TAA8

11/1/2024

4.3

189

0.6

FERGUSON FINANCE PLC COMPANY GUAR 144A 10/28 4.5

Bond

314890AA2

10/24/2028

4.5

188

0.6

TRANSDIGM INC COMPANY GUAR 11/27 5.5

Bond

893647BL0

11/15/2027

5.5

187

0.6

CORONADO FINANCE PTY LTD SR SECURED 144A 05/26 10.75

Bond

21979LAA4

5/15/2026

10.8

187

0.6

CARLISLE COS INC SR UNSECURED 12/27 3.75

Bond

142339AH3

12/1/2027

3.8

186

0.6

TRANSURBAN QLD FINANCE SR SECURED REGS 04/28 4.5

Bond

ACI1231L7

4/19/2028

4.5

186

0.6

SILGAN HOLDINGS INC COMPANY GUAR 02/28 4.125

Bond

827048AW9

2/1/2028

4.1

186

0.6

ZIMMER BIOMET HOLDINGS SR UNSECURED 11/24 1.45

Bond

98956PAU6

11/22/2024

1.4

185

0.6

ENOVA INTERNATIONAL INC COMPANY GUAR 144A 09/25 8.5

Bond

29357KAF0

9/15/2025

8.5

184

0.6

MONDELEZ INTL HLDINGS NE COMPANY GUAR 144A 09/24 0.75

Bond

60920LAQ7

9/24/2024

0.8

184

0.6

NVENT FINANCE SARL COMPANY GUAR 04/28 4.55

Bond

67078AAD5

4/15/2028

4.5

184

0.6

JAMES HARDIE INTL FIN COMPANY GUAR 144A 01/28 5

Bond

47032FAB5

1/15/2028

5.0

184

0.6

RITHM CAPITAL CORP SR UNSECURED 144A 10/25 6.25

Bond

64828TAA0

10/15/2025

6.3

182

0.6

RELIANCE STEEL + ALUM SR UNSECURED 08/25 1.3

Bond

759509AF9

8/15/2025

1.3

179

0.6

ASGN INCORPORATED COMPANY GUAR 144A 05/28 4.625

Bond

00191UAA0

5/15/2028

4.6

179

0.6

MOOG INC COMPANY GUAR 144A 12/27 4.25

Bond

615394AM5

12/15/2027

4.3

179

0.6

1011778 BC / NEW RED FIN SR SECURED 144A 01/28 3.875

Bond

68245XAH2

1/15/2028

3.9

179

0.6

IRON MOUNTAIN INC COMPANY GUAR 144A 07/30 5.25

Bond

46284VAJ0

7/15/2030

5.3

178

0.6

PATTERSON UTI ENERGY INC SR UNSECURED 11/29 5.15

Bond

703481AC5

11/15/2029

5.2

178

0.6

ALTA EQUIPMENT GROUP SECURED 144A 04/26 5.625

Bond

02128LAA4

4/15/2026

5.6

177

0.6

MCKESSON CORP SR UNSECURED 08/26 1.3

Bond

581557BR5

8/15/2026

1.3

175

0.6

GARTNER INC COMPANY GUAR 144A 06/29 3.625

Bond

366651AG2

6/15/2029

3.6

175

0.6

ARCOSA INC COMPANY GUAR 144A 04/29 4.375

Bond

039653AA8

4/15/2029

4.4

174

0.6

CARS.COM INC COMPANY GUAR 144A 11/28 6.375

Bond

14575EAA3

11/1/2028

6.4

174

0.6

PILGRIM S PRIDE CORP COMPANY GUAR 144A 04/31 4.25

Bond

72147KAF5

4/15/2031

4.3

173

0.6

UNICREDIT SPA SUBORDINATED 144A 06/32 VAR

Bond

904678AF6

6/19/2032

5.9

173

0.6

TRIUMPH GROUP INC COMPANY GUAR 08/25 7.75

Bond

896818AP6

8/15/2025

7.8

173

0.6

GARTNER INC COMPANY GUAR 144A 10/30 3.75

Bond

366651AE7

10/1/2030

3.8

172

0.6

TEXAS INSTRUMENTS INC SR UNSECURED 09/29 2.25

Bond

882508BG8

9/4/2029

2.3

172

0.6

DT MIDSTREAM INC COMPANY GUAR 144A 06/31 4.375

Bond

23345MAB3

6/15/2031

4.4

172

0.6

MOLINA HEALTHCARE INC SR UNSECURED 144A 11/30 3.875

Bond

60855RAK6

11/15/2030

3.9

171

0.6

T MOBILE USA INC COMPANY GUAR 02/29 2.625

Bond

87264ABS3

2/15/2029

2.6

170

0.6

COMMSCOPE INC COMPANY GUAR 144A 03/27 8.25

Bond

20338QAA1

3/1/2027

8.3

170

0.6

FRONTIER COMMUNICATIONS SECURED 144A 05/29 6.75

Bond

35906ABG2

5/1/2029

6.8

169

0.6

PERRIGO FINANCE UNLIMITE COMPANY GUAR 06/30 4.4

Bond

71429MAC9

6/15/2030

4.4

169

0.6

ODEON FINCO PLC SR SECURED 144A 11/27 12.75

Bond

67585LAA3

11/1/2027

12.8

168

0.6

NCL CORPORATION LTD COMPANY GUAR 144A 03/26 5.875

Bond

62886HBA8

3/15/2026

5.9

165

0.6

MURPHY OIL USA INC COMPANY GUAR 144A 02/31 3.75

Bond

626738AF5

2/15/2031

3.8

164

0.6

CARNIVAL CORP SR UNSECURED 144A 03/26 7.625

Bond

143658BL5

3/1/2026

7.6

164

0.6

TRANSOCEAN INC COMPANY GUAR 144A 02/27 8

Bond

893830BL2

2/1/2027

8.0

162

0.5

ARKO CORP COMPANY GUAR 144A 11/29 5.125

Bond

041242AA6

11/15/2029

5.1

160

0.5

APOLLO CMMRL REAL EST FI SR SECURED 144A 06/29 4.625

Bond

03762UAD7

6/15/2029

4.6

159

0.5

DAVITA INC COMPANY GUAR 144A 06/30 4.625

Bond

23918KAS7

6/1/2030

4.6

159

0.5

COLOMBIA TELECOMUNICACIO SR UNSECURED 144A 07/30 4.95

Bond

19533PAC4

7/17/2030

5.0

159

0.5

MURPHY OIL CORP SR UNSECURED 12/42 6.125

Bond

626717AG7

12/1/2042

6.1

156

0.5

BAUSCH HEALTH COS INC SR SECURED 144A 09/28 11

Bond

071734AQ0

9/30/2028

11.0

155

0.5

JAGUAR LAND ROVER AUTOMO SR UNSECURED 144A 01/28 5.875

Bond

47010BAK0

1/15/2028

5.9

155

0.5

PARK OHIO INDUSTRIES INC COMPANY GUAR 04/27 6.625

Bond

700677AR8

4/15/2027

6.6

154

0.5

PITNEY BOWES INC COMPANY GUAR 144A 03/27 6.875

Bond

724479AP5

3/15/2027

6.9

153

0.5

GAP INC/THE COMPANY GUAR 144A 10/29 3.625

Bond

364760AP3

10/1/2029

3.6

152

0.5

DISH DBS CORP COMPANY GUAR 07/28 7.375

Bond

25470XBB0

7/1/2028

7.4

145

0.5

JAGUAR LAND ROVER AUTOMO COMPANY GUAR 144A 07/29 5.5

Bond

47010BAM6

7/15/2029

5.5

143

0.5

PITNEY BOWES INC COMPANY GUAR 144A 03/29 7.25

Bond

724479AQ3

3/15/2029

7.3

142

0.5

ELDORADO GOLD CORP SR UNSECURED 144A 09/29 6.25

Bond

284902AF0

9/1/2029

6.3

123

0.4

ANTERO RESOURCES CORP COMPANY GUAR 144A 02/29 7.625

Bond

03674XAQ9

2/1/2029

7.6

119

0.4

BAYTEX ENERGY CORP SR UNSECURED 144A 04/27 8.75

Bond

07317QAH8

4/1/2027

8.8

103

0.3

WESCO DISTRIBUTION INC COMPANY GUAR 144A 06/25 7.125

Bond

95081QAN4

6/15/2025

7.1

101

0.3

ALLIANCE RES OP/FINANCE COMPANY GUAR 144A 05/25 7.5

Bond

01879NAA3

5/1/2025

7.5

101

0.3

GLP CAPITAL LP / FIN II COMPANY GUAR 11/23 5.375

Bond

361841AF6

11/1/2023

5.4

99

0.3

WILLIAMS COMPANIES INC SR UNSECURED 06/24 4.55

Bond

969457BW9

6/24/2024

4.5

99

0.3

MCKESSON CORP SR UNSECURED 03/24 3.796

Bond

581557BE4

3/15/2024

3.8

98

0.3

PILGRIM S PRIDE CORP COMPANY GUAR 144A 09/27 5.875

Bond

72147KAE8

9/30/2027

5.9

98

0.3

KELLOGG CO SR UNSECURED 12/23 2.65

Bond

487836BS6

12/1/2023

2.6

98

0.3

STARWOOD PROPERTY TRUST SR UNSECURED 03/25 4.75

Bond

85571BAL9

3/15/2025

4.8

96

0.3

KEURIG DR PEPPER INC COMPANY GUAR 11/25 3.4

Bond

26138EAS8

11/15/2025

3.4

96

0.3

PHILLIPS 66 COMPANY GUAR 02/24 0.9

Bond

718546AY0

2/15/2024

0.9

95

0.3

OLIN CORP SR UNSECURED 08/29 5.625

Bond

680665AL0

8/1/2029

5.6

94

0.3

GARTNER INC COMPANY GUAR 144A 07/28 4.5

Bond

366651AC1

7/1/2028

4.5

93

0.3

AMN HEALTHCARE INC COMPANY GUAR 144A 10/27 4.625

Bond

00175PAB9

10/1/2027

4.6

93

0.3

HEXCEL CORP SR UNSECURED 02/27 4.2

Bond

428291AN8

2/15/2027

4.2

93

0.3

ACADIA HEALTHCARE CO INC COMPANY GUAR 144A 04/29 5

Bond

00404AAP4

4/15/2029

5.0

92

0.3

DELEK LOG PART/FINANCE COMPANY GUAR 144A 06/28 7.125

Bond

24665FAC6

6/1/2028

7.1

92

0.3

ATHABASCA OIL CORP SECURED 144A 11/26 9.75

Bond

04682RAE7

11/1/2026

9.8

91

0.3

RUSSIAN FEDERATION SR UNSECURED 144A 06/27 4.25

Bond

ACI0VXSZ1

6/23/2027

4.3

91

0.3

MURPHY OIL USA INC COMPANY GUAR 09/29 4.75

Bond

626738AE8

9/15/2029

4.8

91

0.3

H.B. FULLER CO SR UNSECURED 10/28 4.25

Bond

40410KAA3

10/15/2028

4.3

89

0.3

PATTERSON UTI ENERGY INC SR UNSECURED 02/28 3.95

Bond

703481AB7

2/1/2028

4.0

88

0.3

GRAPHIC PACKAGING INTERN COMPANY GUAR 144A 03/28 3.5

Bond

38869AAB3

3/15/2028

3.5

87

0.3

MINERALS TECHNOLOGIES IN COMPANY GUAR 144A 07/28 5

Bond

603158AA4

7/1/2028

5.0

86

0.3

COMMERCIAL METALS CO SR UNSECURED 01/30 4.125

Bond

201723AQ6

1/15/2030

4.1

86

0.3

GRAPHIC PACKAGING INTERN COMPANY GUAR 144A 03/29 3.5

Bond

38869AAC1

3/1/2029

3.5

85

0.3

GO DADDY OPCO/FINCO COMPANY GUAR 144A 03/29 3.5

Bond

38016LAC9

3/1/2029

3.5

85

0.3

HOWMET AEROSPACE INC SR UNSECURED 01/29 3

Bond

443201AB4

1/15/2029

3.0

84

0.3

COMMERCIAL METALS CO SR UNSECURED 03/32 4.375

Bond

201723AR4

3/15/2032

4.4

84

0.3

COMMERCIAL METALS CO SR UNSECURED 02/31 3.875

Bond

201723AP8

2/15/2031

3.9

84

0.3

SEAGATE HDD CAYMAN COMPANY GUAR 06/29 4.091

Bond

81180WBC4

6/1/2029

4.1

83

0.3

FRONTIER COMMUNICATIONS SECURED 144A 01/30 6

Bond

35908MAB6

1/15/2030

6.0

80

0.3

LIONS GATE CAPITAL HOLD COMPANY GUAR 144A 04/29 5.5

Bond

53627NAE1

4/15/2029

5.5

65

0.2

TAKEDA PHARMACEUTICAL SR UNSECURED 11/23 4.4

Bond

874060AT3

11/26/2023

4.4

61

0.2

US 10YR NOTE (CBT)MAR23 XCBT 20230322

Future

ADI26YV04

--

0.0

-4,519

0.1

EURO CURRENCY

Cash (N/A for Lot Level Data)

--

--

0.0

0

0.0

PBF HOLDING CO LLC SR SECURED 144A 05/25 9.25

Bond

69318FAK4

5/15/2025

9.3

0

0.0

Total

--

--

--

--

24,137

96.5

Cash and Other Assets Less Liabilities

--

--

--

--

--

3.5

Total Net Assets

--

--

--

--

--

100%

as of 11/29/2022

Economic Sector

Scientific Alpha Income ETF %

Support-Services

8.3

Chemicals

5.5

Aerospace/Defense

5.4

REITs

5.4

Software/Services

5.0

Food - Wholesale

4.4

Gas Distribution

3.9

Energy - Exploration & Production

3.9

Tobacco

3.7

Specialty Retail

2.9

Pharmaceuticals

2.8

Oil Field Equipment & Services

2.8

Managed Care

2.7

Tech Hardware & Equipment

2.6

Foreign Sovereign

2.3

Personal & Household Products

2.3

Packaging

2.2

Medical Products

2.2

Electronics

2.1

Metals/Mining Excluding Steel

2.1

Transport Infrastructure/Services

1.9

Recreation & Travel

1.8

Health Services

1.8

Machinery

1.8

Electric-Generation

1.6

Steel Producers/Products

1.5

Food & Drug Retailers

1.4

Telecom - Wireline Integrated & Services

1.4

Oil Refining & Marketing

1.3

Diversified Capital Goods

1.3

Media Content

1.1

Automakers

1.0

Environmental

1.0

Hotels

0.9

Building Materials

0.6

Cons/Comm/Lease Financing

0.6

Restaurants

0.6

Banking

0.6

Advertising

0.6

Telecom - Wireless

0.6

Theaters & Entertainment

0.6

Cable & Satellite TV

0.5

Beverage

0.3

Health Facilities

0.3

Derivatives

-15.2

as of 11/29/2022

Maturity

Scientific Alpha Income ETF %

0-1 yr

1.5

1-3 yr

27.2

3-5 yr

17.2

5-7 yr

39.3

7-10 yr

11.9

10-20 yr

0.0

20-30 yr

0.5

Over 30 yr

0.0

as of 11/29/2022

Duration

Scientific Alpha Income ETF %

0-1 yr

2.2

1-3 yr

33.6

3-5 yr

36.5

5-7 yr

23.8

7-10 yr

1.6

10-20 yr

0.0

20-30 yr

0.0

Over 30 yr

0.0

Investment Team

BlueCove Limited


BlueCove Limited (“BlueCove”) is a scientific asset management firm founded in 2018 that brings together leading fixed income industry investment and engineering professionals. BlueCove was founded with the specific purpose of delivering superior investment outcomes for investors by researching and developing state-of-the-art scientific investment processes applicable to fixed income investment management.

Learn More About BlueCove

All investments involve risk including the possible loss of principal. Fixed income securities fluctuate in price in response to various factors, including changes in interest rates, changes in market conditions and issuer-specific events, and the value of your investment in the Fund may go down. There is a greater risk that the Fund will lose money because they invest in below- investment grade fixed income securities and unrated securities of similar credit quality (commonly referred to as “high-yield securities” or “junk bonds”). These securities are considered speculative because they have a higher risk of issuer default, are subject to greater price volatility and may be illiquid. Because the Fund may invest in securities of foreign issuers, an investment in the Fund is subject to special risks in addition to those of U.S. securities. These risks include heightened political and economic risks, greater volatility, currency fluctuations, higher transaction costs, delayed settlement, possible foreign controls on investment, possible sanctions by government bodies of other countries and less stringent investor protection and disclosure standards of foreign markets.

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.

Blue Background

Connect with us |

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.