
Harbor Dividend Growth Leaders ETF (GDIV)
A growth approach to help generate income.
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Welcome
Why Invest in GDIV?
Dividend payments are a way for companies to share profits with shareholders. This return of capital allows shareholders to receive income from their equity investments, which can be saved, spent, or reinvested.
Reinvested dividends have historically driven a significant portion of stock market returns.
A dividend growth approach offers access to companies we believe have the potential for increasing dividend payments. This approach can allow investors to participate in up markets and mitigate risk during down markets.

Access income & growth opportunities through a strong strategy.

We believe GDIV has the potential to offer income by investing in companies with growing dividends

Companies that can increase dividend payments faster than the overall rate of inflation can help investors to maintain purchasing power amidst high inflationary environments

Companies that have a historical record of regularly increasing their dividends may prove more resilient to periods of economic weakness
Related Funds to Consider
Access companies with the potential for stable growth and growing dividends.
Performance
Distribution History
Ex-Date
Record Date
Payable Date
Ordinary Income
Short Term Capital Gains
Long Term Capital Gains
Total Distribution
10/2/2023
10/3/2023
10/5/2023
0.04781
--
--
0.04781
7/3/2023
7/5/2023
7/7/2023
0.04959
--
--
0.04959
4/3/2023
4/4/2023
4/6/2023
0.05428
--
--
0.05428
12/21/2022
12/22/2022
12/27/2022
0.22647
--
0.46989
0.69636
Holdings
Full Holdings
As of 9/29/2023
Company Name [Ticker]
Category Name
Country
Cusip
Shares
Current Price ($)
Market Value ($)
% of Net Assets
APPLE INC [AAPL]
EQUITY
037833100
66,058
171.21
11,309,790.18
5.5
MICROSOFT CORP [MSFT]
EQUITY
594918104
34,695
315.75
10,954,946.25
5.3
ELI LILLY & CO [LLY]
EQUITY
532457108
18,143
537.13
9,745,149.59
4.7
UNITEDHEALTH GROUP INC [UNH]
EQUITY
91324P102
16,140
504.19
8,137,626.60
3.9
ARTHUR J GALLAGHER & CO [AJG]
EQUITY
363576109
32,484
227.93
7,404,078.12
3.6
INTL BUSINESS MACHINES CORP [IBM]
EQUITY
459200101
50,277
140.30
7,053,863.10
3.4
BROADCOM INC [AVGO]
EQUITY
11135F101
7,968
830.58
6,618,061.44
3.2
CISCO SYSTEMS INC [CSCO]
EQUITY
17275R102
103,284
53.76
5,552,547.84
2.7
PEPSICO INC [PEP]
EQUITY
713448108
31,761
169.44
5,381,583.84
2.6
MICROCHIP TECHNOLOGY INC [MCHP]
EQUITY
595017104
68,948
78.05
5,381,391.40
2.6
MERCK & CO. INC. [MRK]
EQUITY
58933Y105
49,674
102.95
5,113,938.30
2.5
CDW CORP/DE [CDW]
EQUITY
12514G108
24,575
201.76
4,958,252.00
2.4
COCA-COLA CO/THE [KO]
EQUITY
191216100
85,172
55.98
4,767,928.56
2.3
CELANESE CORP [CE]
EQUITY
150870103
37,506
125.52
4,707,753.12
2.3
IDEX CORP [IEX]
EQUITY
45167R104
22,567
208.02
4,694,387.34
2.3
PRIMERICA INC [PRI]
EQUITY
74164M108
24,128
194.01
4,681,073.28
2.3
AMERICAN INTERNATIONAL GROUP [AIG]
EQUITY
026874784
71,519
60.60
4,334,051.40
2.1
GILEAD SCIENCES INC [GILD]
EQUITY
375558103
57,223
74.94
4,288,291.62
2.1
WATSCO INC [WSO]
EQUITY
942622200
11,162
377.72
4,216,110.64
2.0
EQUINIX INC [EQIX]
EQUITY
29444U700
5,663
726.26
4,112,810.38
2.0
NIKE INC -CL B [NKE]
EQUITY
654106103
41,881
95.62
4,004,661.22
1.9
NXP SEMICONDUCTORS NV [NXPI]
EQUITY
N6596X109
19,757
199.92
3,949,819.44
1.9
NEW YORK COMMUNITY BANCORP [NYCB]
EQUITY
649445103
344,991
11.34
3,912,197.94
1.9
CHEVRON CORP [CVX]
EQUITY
166764100
23,170
168.62
3,906,925.40
1.9
ANALOG DEVICES INC [ADI]
EQUITY
032654105
21,845
175.09
3,824,841.05
1.9
CINTAS CORP [CTAS]
EQUITY
172908105
7,509
481.01
3,611,904.09
1.8
HERSHEY CO/THE [HSY]
EQUITY
427866108
17,709
200.08
3,543,216.72
1.7
CUMMINS INC [CMI]
EQUITY
231021106
14,855
228.46
3,393,773.30
1.6
AMERIPRISE FINANCIAL INC [AMP]
EQUITY
03076C106
10,240
329.68
3,375,923.20
1.6
BANK OF AMERICA CORP [BAC]
EQUITY
060505104
121,556
27.38
3,328,203.28
1.6
CONOCOPHILLIPS [COP]
EQUITY
20825C104
27,546
119.80
3,300,010.80
1.6
EQUITY LIFESTYLE PROPERTIES [ELS]
EQUITY
29472R108
51,762
63.71
3,297,757.02
1.6
MUELLER INDUSTRIES INC [MLI]
EQUITY
624756102
42,887
75.16
3,223,386.92
1.6
SUN COMMUNITIES INC [SUI]
EQUITY
866674104
26,903
118.34
3,183,701.02
1.5
DEVON ENERGY CORP [DVN]
EQUITY
25179M103
66,408
47.70
3,167,661.60
1.5
COGENT COMMUNICATIONS HOLDIN [CCOI]
EQUITY
19239V302
50,033
61.90
3,097,042.70
1.5
TRACTOR SUPPLY COMPANY [TSCO]
EQUITY
892356106
14,495
203.05
2,943,209.75
1.4
LENNAR CORP-A [LEN]
EQUITY
526057104
25,697
112.23
2,883,974.31
1.4
MCDONALD'S CORP [MCD]
EQUITY
580135101
10,679
263.44
2,813,275.76
1.4
SPIRIT REALTY CAPITAL INC [SRC]
EQUITY
84860W300
82,242
33.53
2,757,574.26
1.3
CME GROUP INC [CME]
EQUITY
12572Q105
13,693
200.22
2,741,612.46
1.3
DIAGEO PLC-SPONSORED ADR [DEO]
EQUITY
25243Q205
16,943
149.18
2,527,556.74
1.2
CARDINAL HEALTH INC [CAH]
EQUITY
14149Y108
24,013
86.319
2,072,787.752
1.0
FERGUSON PLC [FERG]
EQUITY
G3421J106
12,328
164.47
2,027,586.16
1.0
ILLINOIS TOOL WORKS [ITW]
EQUITY
452308109
8,711
230.31
2,006,230.41
1.0
AUTOMATIC DATA PROCESSING [ADP]
EQUITY
053015103
8,312
240.58
1,999,700.96
1.0
Total
--
--
--
--
--
204,308
98.9
Cash and Other Assets Less Liabilities
--
--
--
--
--
--
1.1
Total Net Assets
--
--
--
--
--
--
100%
Sector Allocation
As of 8/31/2023
Dividend Growth Leaders ETF (GDIV)
S&P 500 Index
Information Technology
GDIV: 29.6%
Benchmark: 28.2%
Health Care
GDIV: 14.8%
Benchmark: 13.1%
Financials
GDIV: 14.2%
Benchmark: 12.5%
Industrials
GDIV: 11.2%
Benchmark: 8.4%
Consumer Discretionary
GDIV: 8.2%
Benchmark: 10.6%
Consumer Staples
GDIV: 8.1%
Benchmark: 6.6%
Energy
GDIV: 5.4%
Benchmark: 4.4%
Real Estate
GDIV: 4.6%
Benchmark: 2.4%
Materials
GDIV: 2.2%
Benchmark: 2.5%
Communication Services
GDIV: 1.7%
Benchmark: 8.8%
Utilities
GDIV: 0.0%
Benchmark: 2.4%
GDIV: Dividend Growth Leaders ETF
Benchmark: S&P 500 Index
Sector Returns
As of 8/31/2023
Economic Sector
Dividend Growth Leaders ETF %
S&P 500 Index %
Communication Services
16.3
9.3
Materials
14.0
11.1
Industrials
13.4
12.3
Financials
12.9
8.9
Energy
11.9
16.6
Health Care
9.5
4.7
Information Technology
8.5
8.0
Real Estate
2.5
3.8
Utilities
0.0
-2.3
Consumer Discretionary
-1.2
13.5
Consumer Staples
-4.1
1.7
Investment Team

Westfield Capital Management Company, L.P. is dedicated to providing strong and consistent investment performance based on a disciplined, team-based approach, with exceptional client service. Westfield believes their greatest strength comes from the collective wisdom of a fully engaged and inspired team working together with clear objectives. Additionally, Westfield embraces their partnership structure, which aligns the advancement of the organization with their clients and serves to attract and retain exceptional talent.
Documents
Name
Date
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.
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.
Investments involve risk including the possible loss of principal. There is no guarantee the investment objective of the Fund will be achieved. The Fund's emphasis on dividend paying stocks involves the risk that such stocks may fall out of favor with investors and under-perform the market. There is no guarantee that a company will pay or continually increase its dividend. The Fund may invest in a limited number of companies or at times may be more heavily invested in particular sectors. As a result, the Fund's performance may be more volatile, and the value of its shares may be especially sensitive to factors that specifically effect those sectors. The Fund may invest in foreign securities which may be more volatile and less liquid due to currency fluctuation, political instability, government sanctions, social and economic risks. Foreign currencies can decline in value and can adversely affect the dollar value of the fund.
On or about May 20, 2022, the Fund acquired the assets and assumed the then existing known liabilities of the Predecessor Fund and the Fund is expected to be the performance successor of the reorganization. This means that the Predecessor Fund’s performance and financial history will be used by the Fund going forward from the date of reorganization. In the reorganization, former shareholders of the Predecessor Fund received shares of the Fund. Accordingly, the performance of the Fund for periods prior to the reorganization is the performance of the Predecessor Fund and the performance shown for periods prior to July 26, 2013 is the performance of a private investment vehicle that predated the Predecessor Fund. The private investment vehicle was managed by the Subadvisor using investment policies, objectives and guidelines that were in all material respects equivalent to the management of the Fund and Predecessor Fund. However, the private investment vehicle was not a registered investment company and so it was not subject to the same investment and tax restrictions as the Fund and Predecessor Fund. If it had been, its performance may have been lower. The performance of the Predecessor Fund has not been restated to reflect the annual operating expenses of the Fund, which are lower than those of the Predecessor Fund. Because the Fund has different fees and expenses than the Predecessor Fund, the Fund would also have had different performance results.
The FactSet dividend Yield Is calculated on a quarterly basis by taking the annual dividends per share, for each of the underlying securities held as of the report date, and dividing by the ending price.
Dividend Yield is the percentage a company pays out in dividends each year relative to its stock price.
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.
Westfield Capital Management is a third-party subadvisor to the Harbor Dividend Growth Leaders ETF.