
Harbor Scientific Alpha Income ETF (SIFI)
A scientific approach to active fixed income investing
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Welcome
Scientifically Driven. Powered by an investment process that is evidence based, data-driven, economically intuitive, and grounded in the scientific method.
Total Return + Income Focused. Actively managed to target total return and income through proprietary quantitative investment insights applied to asset allocation, security selection, and duration management.
Portfolio Optimized. Seeks to maximize total return while minimizing risk and transaction costs.
Diversifying Potential. May offer the benefits of a complementary return stream with low correlations to traditionally managed active total return fixed income strategies.
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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
0.12386
--
--
0.12386
9/1/2023
9/5/2023
9/7/2023
0.12150
--
--
0.12150
8/1/2023
8/2/2023
8/4/2023
0.11609
--
--
0.11609
7/3/2023
7/5/2023
7/7/2023
0.19366
--
--
0.19366
6/1/2023
6/2/2023
6/6/2023
0.20715
--
--
0.20715
5/1/2023
5/2/2023
5/4/2023
0.17794
--
--
0.17794
4/3/2023
4/4/2023
4/6/2023
0.22967
--
--
0.22967
3/1/2023
3/2/2023
3/6/2023
0.17110
--
--
0.17110
2/1/2023
2/2/2023
2/6/2023
0.15264
--
--
0.15264
12/21/2022
12/22/2022
12/27/2022
0.38393
--
--
0.38393
12/1/2022
12/2/2022
12/6/2022
0.14908
--
--
0.14908
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
Full Holdings
As of 9/29/2023
Company Name
Category Name
Cusip
Shares
Maturity Date
Coupon Rate (%)
Market Value ($000's)
% of Net Assets
CIMPRESS PLC
FIXED INCOME
17186HAG7
400,000
6/15/2026
7.0
375
1.2
BATH & BODY WORKS INC
FIXED INCOME
501797AL8
400,000
11/1/2035
6.9
358
1.1
OPEN TEXT CORP
FIXED INCOME
683715AC0
400,000
2/15/2028
3.9
350
1.1
VISTRA OPERATIONS CO LLC
FIXED INCOME
92840VAH5
400,000
5/1/2029
4.4
344
1.1
VECTOR GROUP LTD
FIXED INCOME
92240MBL1
400,000
2/1/2029
5.8
340
1.1
XEROX HOLDINGS CORP
FIXED INCOME
98421MAB2
400,000
8/15/2028
5.5
337
1.1
ROYAL CARIBBEAN CRUISES
FIXED INCOME
780153BL5
300,000
8/15/2027
11.6
326
1.0
WEATHERFORD INTERNATIONA
FIXED INCOME
947075AU1
300,000
4/30/2030
8.6
303
1.0
OPEN TEXT CORP
FIXED INCOME
683715AF3
300,000
12/1/2027
6.9
301
1.0
G-III APPAREL GROUP LTD
FIXED INCOME
36237HAA9
300,000
8/15/2025
7.9
299
1.0
GAP INC/THE
FIXED INCOME
364760AP3
400,000
10/1/2029
3.6
296
0.9
INTESA SANPAOLO SPA
FIXED INCOME
46115HBQ9
400,000
6/1/2032
4.2
295
0.9
LIFE TIME INC
FIXED INCOME
53190FAC9
300,000
4/15/2026
8.0
295
0.9
CHORD ENERGY CORP
FIXED INCOME
674215AL2
300,000
6/1/2026
6.4
294
0.9
META PLATFORMS INC
FIXED INCOME
30303M8M7
300,000
5/15/2030
4.8
292
0.9
CARNIVAL CORP
FIXED INCOME
143658BL5
300,000
3/1/2026
7.6
292
0.9
REPUBLIC SERVICES INC
FIXED INCOME
760759AU4
300,000
8/15/2024
2.5
291
0.9
JM SMUCKER CO
FIXED INCOME
832696AK4
300,000
3/15/2025
3.5
290
0.9
MICROCHIP TECHNOLOGY INC
FIXED INCOME
595017BA1
300,000
9/1/2025
4.3
290
0.9
BIOGEN INC
FIXED INCOME
09062XAF0
300,000
9/15/2025
4.0
290
0.9
SOLVAY FINANCE (AMERICA)
FIXED INCOME
834423AB1
300,000
12/3/2025
4.5
289
0.9
STRYKER CORP
FIXED INCOME
863667AH4
300,000
11/1/2025
3.4
287
0.9
NEW FORTRESS ENERGY INC
FIXED INCOME
644393AA8
300,000
9/15/2025
6.8
287
0.9
HERBALIFE/HLF FINANCING
FIXED INCOME
42704MAA0
300,000
9/1/2025
7.9
286
0.9
ALTRIA GROUP INC
FIXED INCOME
02209SBD4
300,000
2/14/2029
4.8
285
0.9
TRIUMPH GROUP INC
FIXED INCOME
896818AP6
300,000
8/15/2025
7.8
285
0.9
RELX CAPITAL INC
FIXED INCOME
74949LAC6
300,000
3/18/2029
4.0
280
0.9
SCHLUMBERGER HLDGS CORP
FIXED INCOME
806851AK7
300,000
5/17/2028
3.9
279
0.9
EDGEWELL PERSONAL CARE
FIXED INCOME
28035QAA0
300,000
6/1/2028
5.5
277
0.9
TUTOR PERINI CORP
FIXED INCOME
901109AF5
300,000
5/1/2025
6.9
275
0.9
HILTON DOMESTIC OPERATIN
FIXED INCOME
432833AF8
300,000
1/15/2030
4.9
273
0.9
HCA INC
FIXED INCOME
404119CH0
300,000
3/15/2027
3.1
273
0.9
FORTRESS TRANS & INFRAST
FIXED INCOME
34960PAD3
300,000
5/1/2028
5.5
272
0.9
WILLIAMS SCOTSMAN INTL
FIXED INCOME
96950GAE2
300,000
8/15/2028
4.6
269
0.9
FAIR ISAAC CORP
FIXED INCOME
303250AF1
300,000
6/15/2028
4.0
269
0.9
SPRINT SPECTRUM / SPEC I
FIXED INCOME
85208NAE0
270,000
9/20/2029
5.2
265
0.8
PROG HOLDINGS INC
FIXED INCOME
74319RAA9
300,000
11/15/2029
6.0
262
0.8
PG&E CORP
FIXED INCOME
69331CAJ7
300,000
7/1/2030
5.3
261
0.8
ORACLE CORP
FIXED INCOME
68389XCD5
300,000
3/25/2028
2.3
260
0.8
LAMB WESTON HLD
FIXED INCOME
513272AD6
300,000
1/31/2030
4.1
257
0.8
MERCK & CO INC
FIXED INCOME
58933YBD6
300,000
12/10/2028
1.9
256
0.8
BROADCOM INC
FIXED INCOME
11135FBE0
300,000
2/15/2028
1.9
256
0.8
HOLOGIC INC
FIXED INCOME
436440AP6
300,000
2/15/2029
3.3
254
0.8
WABASH NATIONAL CORP
FIXED INCOME
929566AL1
300,000
10/15/2028
4.5
253
0.8
TRINET GROUP INC
FIXED INCOME
896288AA5
300,000
3/1/2029
3.5
253
0.8
DELUXE CORP
FIXED INCOME
248019AU5
300,000
6/1/2029
8.0
248
0.8
AMC NETWORKS INC
FIXED INCOME
00164VAF0
400,000
2/15/2029
4.3
246
0.8
IAMGOLD CORP
FIXED INCOME
450913AF5
300,000
10/15/2028
5.8
235
0.8
ASHLAND INC
FIXED INCOME
04433LAA0
300,000
9/1/2031
3.4
234
0.7
GRUBHUB HOLDINGS INC
FIXED INCOME
40010PAA6
300,000
7/1/2027
5.5
233
0.7
RAIN CARBON INC
FIXED INCOME
75079LAB7
200,000
9/1/2029
12.3
210
0.7
VIASAT INC
FIXED INCOME
92552VAN0
300,000
7/15/2028
6.5
208
0.7
TELESAT CANADA/TELESAT L
FIXED INCOME
87952VAR7
300,000
12/6/2026
5.6
207
0.7
BAUSCH HEALTH COS INC
FIXED INCOME
071734AQ0
300,000
9/30/2028
11.0
204
0.7
ABERCROMBIE & FITCH MANA
FIXED INCOME
003000AA4
200,000
7/15/2025
8.8
204
0.6
RAKUTEN GROUP INC
FIXED INCOME
75102WAD0
200,000
11/30/2024
10.3
201
0.6
ELEMENT FLEET MANAGEMENT
FIXED INCOME
286181AH5
200,000
6/26/2026
6.3
199
0.6
WILLIAMS COMPANIES INC
FIXED INCOME
96950FAM6
200,000
3/4/2024
4.3
199
0.6
WESTINGHOUSE AIR BRAKE
FIXED INCOME
960386AN0
200,000
3/15/2024
4.2
198
0.6
PHILIP MORRIS INTL INC
FIXED INCOME
718172CW7
200,000
11/17/2029
5.6
198
0.6
CPI CG INC
FIXED INCOME
12598FAA7
200,000
3/15/2026
8.6
197
0.6
KEYSIGHT TECHNOLOGIES
FIXED INCOME
49338LAB9
200,000
10/30/2024
4.5
197
0.6
MARATHON PETROLEUM CORP
FIXED INCOME
56585ABH4
200,000
5/1/2025
4.7
196
0.6
ENOVA INTERNATIONAL INC
FIXED INCOME
29357KAF0
200,000
9/15/2025
8.5
196
0.6
LKQ CORP
FIXED INCOME
501889AC3
200,000
6/15/2028
5.8
196
0.6
ELEVANCE HEALTH INC
FIXED INCOME
036752AC7
200,000
12/1/2024
3.4
194
0.6
BRAMBLES USA INC
FIXED INCOME
10510KAC1
200,000
10/23/2025
4.1
193
0.6
TRANSOCEAN INC
FIXED INCOME
893830BL2
200,000
2/1/2027
8.0
193
0.6
PHILIP MORRIS INTL INC
FIXED INCOME
718172DA4
200,000
2/15/2030
5.1
192
0.6
MOTOROLA SOLUTIONS INC
FIXED INCOME
620076BL2
200,000
2/23/2028
4.6
191
0.6
ZIMMER BIOMET HOLDINGS
FIXED INCOME
98956PAU6
200,000
11/22/2024
1.4
190
0.6
RITHM CAPITAL CORP
FIXED INCOME
64828TAA0
200,000
10/15/2025
6.3
190
0.6
GFL ENVIRONMENTAL INC
FIXED INCOME
36168QAK0
200,000
8/1/2025
3.8
190
0.6
EDWARDS LIFESCIENCES COR
FIXED INCOME
28176EAD0
200,000
6/15/2028
4.3
189
0.6
TRANSDIGM INC
FIXED INCOME
893647BL0
200,000
11/15/2027
5.5
187
0.6
FERGUSON FINANCE PLC
FIXED INCOME
314890AA2
200,000
10/24/2028
4.5
187
0.6
NVENT FINANCE SARL
FIXED INCOME
67078AAD5
200,000
4/15/2028
4.5
187
0.6
CARLISLE COS INC
FIXED INCOME
142339AH3
200,000
12/1/2027
3.8
186
0.6
TRANSURBAN QLD FINANCE
FIXED INCOME
AS1974714
200,000
4/19/2028
4.5
186
0.6
NCL CORPORATION LTD
FIXED INCOME
62886HBA8
200,000
3/15/2026
5.9
185
0.6
UNICREDIT SPA
FIXED INCOME
904678AF6
200,000
6/19/2032
5.9
182
0.6
CARS.COM INC
FIXED INCOME
14575EAA3
200,000
11/1/2028
6.4
182
0.6
VICI PROPERTIES / NOTE
FIXED INCOME
92564RAD7
200,000
2/15/2027
3.8
182
0.6
MOOG INC
FIXED INCOME
615394AM5
200,000
12/15/2027
4.3
181
0.6
JAGUAR LAND ROVER AUTOMO
FIXED INCOME
47010BAK0
200,000
1/15/2028
5.9
180
0.6
JABIL INC
FIXED INCOME
466313AL7
200,000
4/15/2026
1.7
180
0.6
1011778 BC / NEW RED FIN
FIXED INCOME
68245XAH2
200,000
1/15/2028
3.9
180
0.6
BOOZ ALLEN HAMILTON INC
FIXED INCOME
09951LAA1
200,000
9/1/2028
3.9
179
0.6
SILGAN HOLDINGS INC
FIXED INCOME
827048AW9
200,000
2/1/2028
4.1
179
0.6
PACIFIC GAS & ELECTRIC
FIXED INCOME
694308HW0
200,000
12/1/2027
3.3
177
0.6
TRANSDIGM INC
FIXED INCOME
893647BQ9
200,000
5/1/2029
4.9
176
0.6
IRON MOUNTAIN INC
FIXED INCOME
46284VAJ0
200,000
7/15/2030
5.3
175
0.6
ARCOSA INC
FIXED INCOME
039653AA8
200,000
4/15/2029
4.4
175
0.6
MATTEL INC
FIXED INCOME
577081BF8
200,000
4/1/2029
3.8
174
0.6
GARTNER INC
FIXED INCOME
366651AG2
200,000
6/15/2029
3.6
171
0.5
CTR PARTNERSHIP/CARETRST
FIXED INCOME
126458AE8
200,000
6/30/2028
3.9
171
0.5
JAGUAR LAND ROVER AUTOMO
FIXED INCOME
47010BAM6
200,000
7/15/2029
5.5
171
0.5
PERRIGO FINANCE UNLIMITE
FIXED INCOME
71429MAC9
200,000
6/15/2030
4.7
171
0.5
CDW LLC/CDW FINANCE
FIXED INCOME
12513GBF5
200,000
2/15/2029
3.3
171
0.5
WORLD ACCEPTANCE CORP
FIXED INCOME
981419AC8
200,000
11/1/2026
7.0
171
0.5
TEXAS INSTRUMENTS INC
FIXED INCOME
882508BG8
200,000
9/4/2029
2.3
171
0.5
T-MOBILE USA INC
FIXED INCOME
87264ABS3
200,000
2/15/2029
2.6
170
0.5
BROADRIDGE FINANCIAL SOL
FIXED INCOME
11133TAD5
200,000
12/1/2029
2.9
169
0.5
DT MIDSTREAM INC
FIXED INCOME
23345MAB3
200,000
6/15/2031
4.4
168
0.5
GARTNER INC
FIXED INCOME
366651AE7
200,000
10/1/2030
3.8
168
0.5
UNICREDIT SPA
FIXED INCOME
904678AS8
200,000
6/30/2035
5.5
168
0.5
NVR INC
FIXED INCOME
62944TAF2
200,000
5/15/2030
3.0
167
0.5
MOLINA HEALTHCARE INC
FIXED INCOME
60855RAK6
200,000
11/15/2030
3.9
166
0.5
DAVITA INC
FIXED INCOME
23918KAS7
200,000
6/1/2030
4.6
164
0.5
MURPHY OIL USA INC
FIXED INCOME
626738AF5
200,000
2/15/2031
3.8
163
0.5
ARKO CORP
FIXED INCOME
041242AA6
200,000
11/15/2029
5.1
162
0.5
PITNEY BOWES INC
FIXED INCOME
724479AP5
200,000
3/15/2027
6.9
158
0.5
GLOBAL NET LEASE/GLOBAL
FIXED INCOME
37892AAA8
200,000
12/15/2027
3.8
155
0.5
DAVITA INC
FIXED INCOME
23918KAT5
200,000
2/15/2031
3.8
152
0.5
UNISYS CORP
FIXED INCOME
909214BV9
200,000
11/1/2027
6.9
150
0.5
PITNEY BOWES INC
FIXED INCOME
724479AQ3
200,000
3/15/2029
7.3
147
0.5
LIONS GATE CAPITAL HOLD
FIXED INCOME
53627NAE1
200,000
4/15/2029
5.5
132
0.4
ELDORADO GOLD CORP
FIXED INCOME
284902AF0
150,000
9/1/2029
6.3
130
0.4
RUSSIAN FEDERATION
FIXED INCOME
AO0617081
200,000
6/23/2027
4.3
105
0.3
KONINKLIJKE KPN NV
FIXED INCOME
780641AH9
94,000
10/1/2030
8.4
105
0.3
ORACLE CORP
FIXED INCOME
68389XCH6
100,000
11/9/2029
6.2
102
0.3
ANTERO MIDSTREAM PART/FI
FIXED INCOME
03690EAA6
100,000
5/15/2026
7.9
101
0.3
PBF HOLDING CO LLC
FIXED INCOME
69318FAL2
100,000
9/15/2030
7.9
100
0.3
KELLOGG CO
FIXED INCOME
487836BS6
100,000
12/1/2023
2.6
99
0.3
VERISIGN INC
FIXED INCOME
92343EAH5
100,000
4/1/2025
5.3
99
0.3
B44360108 CDS USD R V 03MEVENT P44360108PRO CCPCDX
SWAP
99S201XX8
7,700,000
--
1.0
7,700
0.3
IMPERIAL BRANDS FIN PLC
FIXED INCOME
45262BAA1
100,000
7/26/2024
3.1
97
0.3
XPO INC
FIXED INCOME
98379KAA0
100,000
6/1/2028
6.3
97
0.3
GENERAL MOTORS FINL CO
FIXED INCOME
37045XEG7
100,000
4/6/2030
5.8
96
0.3
STARWOOD PROPERTY TRUST
FIXED INCOME
85571BAL9
100,000
3/15/2025
4.8
96
0.3
AMCOR FINANCE USA INC
FIXED INCOME
02343UAG0
100,000
4/28/2026
3.6
94
0.3
TURNING POINT BRANDS INC
FIXED INCOME
90041LAF2
100,000
2/15/2026
5.6
93
0.3
OMEGA HLTHCARE INVESTORS
FIXED INCOME
681936BK5
100,000
1/15/2028
4.8
93
0.3
MINERALS TECHNOLOGIES IN
FIXED INCOME
603158AA4
100,000
7/1/2028
5.0
92
0.3
DELEK LOG PART/FINANCE
FIXED INCOME
24665FAC6
100,000
6/1/2028
7.1
91
0.3
O'REILLY AUTOMOTIVE INC
FIXED INCOME
67103HAJ6
100,000
4/1/2030
4.2
91
0.3
PG&E CORP
FIXED INCOME
69331CAH1
100,000
7/1/2028
5.0
91
0.3
AMN HEALTHCARE INC
FIXED INCOME
00175PAB9
100,000
10/1/2027
4.6
90
0.3
BROADCOM INC
FIXED INCOME
11135FBR1
100,000
4/15/2029
4.0
90
0.3
MURPHY OIL USA INC
FIXED INCOME
626738AE8
100,000
9/15/2029
4.8
90
0.3
ACADIA HEALTHCARE CO INC
FIXED INCOME
00404AAP4
100,000
4/15/2029
5.0
90
0.3
DXC TECHNOLOGY CO
FIXED INCOME
23355LAL0
100,000
9/15/2026
1.8
88
0.3
GRAPHIC PACKAGING INTERN
FIXED INCOME
38869AAB3
100,000
3/15/2028
3.5
88
0.3
PEPSICO INC
FIXED INCOME
713448EL8
100,000
7/29/2029
2.6
88
0.3
COMMERCIAL METALS CO
FIXED INCOME
201723AQ6
100,000
1/15/2030
4.1
87
0.3
NISSAN MOTOR ACCEPTANCE
FIXED INCOME
65480CAC9
100,000
9/16/2026
1.9
87
0.3
GRAPHIC PACKAGING INTERN
FIXED INCOME
38869AAC1
100,000
3/1/2029
3.5
85
0.3
GO DADDY OPCO/FINCO
FIXED INCOME
38016LAC9
100,000
3/1/2029
3.5
84
0.3
COMMERCIAL METALS CO
FIXED INCOME
201723AR4
100,000
3/15/2032
4.4
84
0.3
COMMERCIAL METALS CO
FIXED INCOME
201723AP8
100,000
2/15/2031
3.9
84
0.3
ALLISON TRANSMISSION INC
FIXED INCOME
019736AG2
100,000
1/30/2031
3.8
81
0.3
TAKEDA PHARMACEUTICAL
FIXED INCOME
874060AT3
62,000
11/26/2023
4.4
62
0.2
B67656873 CDS USD R V 03MEVENT P67656873PRO CCPCDX
SWAP
99S205338
2,600,000
--
1.0
2,600
0.1
US 10YR NOTE (CBT)Dec23
FUTURE
ADI2FZ3Q5
-400,000
--
0.0
-432
0.0
EURO CURRENCY
CASH
--
826.42
--
0.0
1
0.0
US 2YR NOTE (CBT) Dec23
FUTURE
ADI2GMSD5
5,600,000
--
0.0
5,676
0.0
US 5YR NOTE (CBT) Dec23
FUTURE
ADI2FFB72
2,300,000
--
0.0
2,423
-0.1
B67656873 CDS USD P F 5 P67656873FEE CCPCDX
SWAP
99S205346
-2,600,000
--
5.0
-2,625
-0.1
B44360108 CDS USD P F 1 P44360108FEE CCPCDX
SWAP
99S201XY6
-7,700,000
--
1.0
-7,794
-0.3
Total
--
--
--
--
--
37,025
93.3
Cash and Other Assets Less Liabilities
--
--
--
--
--
--
6.7
Total Net Assets
--
--
--
--
--
--
100%
Sector Allocation
As of 9/29/2023
Scientific Alpha Income ETF %(SIFI)
Support-Services
SIFI: 7.0%
Software/Services
SIFI: 6.1%
Specialty Retail
SIFI: 5.5%
Tobacco
SIFI: 3.9%
Electronics
SIFI: 3.8%
Recreation & Travel
SIFI: 3.6%
REITs
SIFI: 3.4%
Pharmaceuticals
SIFI: 3.2%
Food - Wholesale
SIFI: 3.0%
Medical Products
SIFI: 3.0%
Cons/Comm/Lease Financing
SIFI: 2.9%
Aerospace/Defense
SIFI: 2.7%
Chemicals
SIFI: 2.7%
Oil Field Equipment & Services
SIFI: 2.5%
Gas Distribution
SIFI: 2.4%
Banking
SIFI: 2.1%
Printing & Publishing
SIFI: 2.0%
Machinery
SIFI: 2.0%
Electric-Integrated
SIFI: 1.7%
Tech Hardware & Equipment
SIFI: 1.7%
Advertising
SIFI: 1.5%
Transport Infrastructure/Services
SIFI: 1.5%
Environmental
SIFI: 1.5%
Personal & Household Products
SIFI: 1.5%
Building & Construction
SIFI: 1.4%
Packaging
SIFI: 1.4%
Telecom - Wireless
SIFI: 1.4%
Telecom - Satellite
SIFI: 1.4%
Food & Drug Retailers
SIFI: 1.3%
Health Services
SIFI: 1.3%
Oil Refining & Marketing
SIFI: 1.3%
Media Content
SIFI: 1.2%
Diversified Capital Goods
SIFI: 1.2%
Metals/Mining Excluding Steel
SIFI: 1.2%
Health Facilities
SIFI: 1.2%
Managed Care
SIFI: 1.2%
Automakers
SIFI: 1.1%
Electric-Generation
SIFI: 1.1%
Energy - Exploration & Production
SIFI: 1.0%
Auto Parts & Equipment
SIFI: 0.9%
Hotels
SIFI: 0.9%
Steel Producers/Products
SIFI: 0.8%
Investments & Misc Financial Services
SIFI: 0.6%
Auto Loans
SIFI: 0.6%
Restaurants
SIFI: 0.6%
Telecom - Wireline Integrated & Services
SIFI: 0.3%
Foreign Sovereign
SIFI: 0.3%
Beverage
SIFI: 0.3%
Derivatives
SIFI: -8.8%
SIFI: Scientific Alpha Income ETF %
Maturity Profile
As of 9/29/2023
Maturity
Scientific Alpha Income ETF %
0-1 yr
3.0
1-3 yr
24.3
3-5 yr
27.7
5-7 yr
32.6
7-10 yr
6.5
10-20 yr
1.2
20-30 yr
0.0
Over 30 yr
0.0
Duration
As of 9/29/2023
Duration
Scientific Alpha Income ETF %
0-1 yr
4.7
1-3 yr
28.1
3-5 yr
45.4
5-7 yr
15.9
7-10 yr
1.2
10-20 yr
0.0
20-30 yr
0.0
Over 30 yr
0.0
Investment Team
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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 strong investment outcomes for investors by researching and developing state-of-the-art scientific investment processes applicable to fixed income investment management.
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.
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.
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).
Duration is a commonly used measure of the sensitivity of the price of a debt security, or aggregate market value of a portfolio of debt securities, to change in interest rates. Modified Duration measures the change in the value of a security in response to the change in interest rates. Securities with a longer duration are more sensitive to changes in interest rates and generally have more volatile prices than securities of comparable quality with a shorter duration.
Correlation: A statistic that measures the degree to which two variables move in relation to each other.
Wtd. Avg. Market Coupon (%): the weighted average coupon rate of the underlying bonds in the Fund.
Wtd. Avg. Maturity (yrs): the weighted average length of time to the repayment of principal for the securities in the Fund. This metric considers the likelihood that bonds will be called or prepaid before the scheduled maturity date.
Wtd. Avg. Duration (yrs): the weight average duration of the underlying bonds or derivative market exposures in the Fund. Duration is a time measure of a bond's interest-rate sensitivity. The longer a fund's duration, the more sensitive the fund is to shifts in interest rates