ContactHarbor Scientific Alpha High-Yield ETF (SIHY)
An actively managed high-yield bond strategy with a systematic approach.
Harbor Scientific Alpha High-Yield ETF (SIHY)
An actively managed high-yield bond strategy with a systematic approach.
The Harbor Scientific Alpha High-Yield ETF (SIHY) is an actively managed fixed income strategy that seeks total return through employing a structured investment process that utilizes a proprietary model-based framework in the security selection of below investment-grade (high yield) bonds.
Fund Highlights
Scientifically Driven. Powered by an investment process that is evidence based, data-driven, economically intuitive, and grounded in the scientific method.
Alpha + Yield Focused. Actively managed to target outperformance versus the benchmark by applying proprietary quantitative investment insights in an effort to drive performance while aiming to deliver high yield income to investors
Risk Managed. Structured to target compelling risk-adjusted returns versus the benchmark in a liquid, diversified portfolio while seeking to maintain a similar risk profile of the benchmark.
Portfolio Optimized. Seeks to maximize alpha controlling risk and transaction costs.
Diversifying Potential. May offer benefits of a complementary return stream that provides low correlated alpha to traditionally managed active high yield strategies.
Resources
Access in-depth fund information and insights to help you capitalize on potential opportunities related to fixed income.
Related Products to Consider
Overview
Investment Team
As of 1/24/2025
As of 1/24/2025
Investment Objective:
The Fund seeks total return
Seeking an alternative approach to income?
Consider Harbor scientific fixed income ETFs
Performance
3 Mo.
YTD Return
1 Yr.
3 Yr.
Since Fund Inception
Net Expense Ratio
Gross Expense Ratio
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 ICE BofA US High Yield Index (H0A0) Index is an unmanaged index that tracks the performance of below investment grade U.S. Dollar-denominated corporate bonds publicly issued in the U.S. domestic market. All bonds are U.S. dollar denominated and rated Split BBB and below. This unmanaged index does not reflect fees and expenses and is not available for direct investment.
Distribution History
Ex-Date
Record Date
Payable Date
Ordinary Income
Short Term Capital Gains
Long Term Capital Gains
Total Distribution
Holdings
Full Holdings
As of 1/23/2025
Company Name
Category Name
Cusip
Shares
Maturity Date
Coupon Rate (%)
Market Value ($000's)
% of Net Assets
Sector Allocation
As of 1/24/2025
Scientific Alpha High-Yield ETF (SIHY)
ICE BofA US High Yield Index (H0A0)
Specialty Retail
SIHY: 6.8%
Benchmark: 3.7%
Gas Distribution
SIHY: 6.2%
Benchmark: 4.7%
REITs
SIHY: 5.7%
Benchmark: 3.7%
Cons/Comm/Lease Financing
SIHY: 5.2%
Benchmark: 3.9%
Oil Refining & Marketing
SIHY: 4.4%
Benchmark: 1.2%
Software/Services
SIHY: 4.0%
Benchmark: 3.1%
Energy - Exploration & Production
SIHY: 3.9%
Benchmark: 3.5%
Support-Services
SIHY: 3.3%
Benchmark: 5.7%
Media Content
SIHY: 3.2%
Benchmark: 2.4%
Recreation & Travel
SIHY: 2.9%
Benchmark: 2.9%
Hotels
SIHY: 2.7%
Benchmark: 1.1%
Aerospace/Defense
SIHY: 2.6%
Benchmark: 2.2%
Metals/Mining Excluding Steel
SIHY: 2.5%
Benchmark: 1.7%
Food - Wholesale
SIHY: 2.3%
Benchmark: 2.3%
Tech Hardware & Equipment
SIHY: 2.1%
Benchmark: 1.2%
Pharmaceuticals
SIHY: 2.0%
Benchmark: 1.6%
Health Services
SIHY: 2.0%
Benchmark: 2.1%
Air Transportation
SIHY: 2.0%
Benchmark: 1.3%
Cable & Satellite TV
SIHY: 1.8%
Benchmark: 4.3%
RealEstate Dev & Mgt
SIHY: 1.8%
Benchmark: 0.7%
Investments & Misc Financial Services
SIHY: 1.8%
Benchmark: 2.4%
Electric-Generation
SIHY: 1.8%
Benchmark: 2.2%
Non-Electric Utilities
SIHY: 1.7%
Benchmark: 0.3%
Automakers
SIHY: 1.6%
Benchmark: 0.3%
Telecom - Satellite
SIHY: 1.4%
Benchmark: 1.2%
Machinery
SIHY: 1.4%
Benchmark: 1.5%
Banking
SIHY: 1.4%
Benchmark: 0.8%
Theaters & Entertainment
SIHY: 1.3%
Benchmark: 0.5%
Oil Field Equipment & Services
SIHY: 1.3%
Benchmark: 1.8%
Gaming
SIHY: 1.2%
Benchmark: 2.6%
Electric-Integrated
SIHY: 1.1%
Benchmark: 0.8%
Building Materials
SIHY: 1.1%
Benchmark: 1.8%
Medical Products
SIHY: 1.0%
Benchmark: 1.3%
Auto Parts & Equipment
SIHY: 1.0%
Benchmark: 2.0%
Personal & Household Products
SIHY: 0.9%
Benchmark: 1.3%
Printing & Publishing
SIHY: 0.9%
Benchmark: 0.6%
Building & Construction
SIHY: 0.9%
Benchmark: 1.6%
Restaurants
SIHY: 0.9%
Benchmark: 1.1%
Telecom - Wireline Integrated & Services
SIHY: 0.8%
Benchmark: 4.4%
Health Facilities
SIHY: 0.8%
Benchmark: 2.6%
Food & Drug Retailers
SIHY: 0.8%
Benchmark: 1.0%
Managed Care
SIHY: 0.8%
Benchmark: 0.4%
Chemicals
SIHY: 0.7%
Benchmark: 2.6%
Beverage
SIHY: 0.6%
Benchmark: 0.1%
Diversified Capital Goods
SIHY: 0.6%
Benchmark: 0.3%
Steel Producers/Products
SIHY: 0.5%
Benchmark: 0.9%
Forestry/Paper
SIHY: 0.5%
Benchmark: 0.2%
Environmental
SIHY: 0.3%
Benchmark: 0.6%
Packaging
SIHY: 0.3%
Benchmark: 2.5%
Brokerage
SIHY: 0.2%
Benchmark: 0.4%
Tobacco
SIHY: 0.2%
Benchmark: 0.1%
Department Stores
SIHY: 0.1%
Benchmark: 0.3%
Media - Diversified
SIHY: 0.1%
Benchmark: 0.2%
Advertising
SIHY: NaN%
Benchmark: 1.0%
Auto Loans
SIHY: NaN%
Benchmark: 0.0%
Derivatives
SIHY: NaN%
Benchmark: NaN%
Electric-Distr/Trans
SIHY: NaN%
Benchmark: 0.0%
Electronics
SIHY: NaN%
Benchmark: 0.8%
Insurance Brokerage
SIHY: NaN%
Benchmark: 2.3%
Life Insurance
SIHY: NaN%
Benchmark: 0.1%
Multi-Line Insurance
SIHY: NaN%
Benchmark: 0.0%
P&C
SIHY: NaN%
Benchmark: 0.1%
Rail
SIHY: NaN%
Benchmark: 0.2%
Reinsurance
SIHY: NaN%
Benchmark: 0.0%
Telecom - Wireless
SIHY: NaN%
Benchmark: 0.7%
Transport Infrastructure/Services
SIHY: NaN%
Benchmark: 0.3%
Trucking & Delivery
SIHY: NaN%
Benchmark: 0.1%
SIHY: Scientific Alpha High-Yield ETF
Benchmark: ICE BofA US High Yield Index (H0A0)
Maturity Profile
As of 1/24/2025
Maturity
Scientific Alpha High-Yield ETF %
ICE BofA US High Yield Index (H0A0) %
Duration
As of 1/24/2025
Duration
Scientific Alpha High-Yield ETF %
ICE BofA US High Yield Index (H0A0) %
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.
