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Embark Commodity Strategy Fund (ECSWX)

Embark Commodity Strategy Fund is currently available through preferred partners only.

Embark Commodity Strategy Fund (ECSWX)

Embark Commodity Strategy Fund is currently available through preferred partners only.

Overview
Performance
Holdings
Investment Team
Documents
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Class

Overview

Investment Team
Harbor Capital Advisors, Inc. dark blue logo on white background
Spenser Lerner, CFA
manager headshot
manager headshot
manager headshot

Current Price

As of 2/29/2024

$9.96

Price (NAV)

$0.03

NAV Daily Change ($)

0.30%

NAV Daily Change (%)

-0.40%

NAV YTD Return

Fund Facts

As of 2/29/2024

1/23/2024

Inception Date

0.79

Net Expense Ratio
disclaimer

0.95

Gross Expense Ratio

$201.322

Total Net Assets (million)
As of 2/29/2024

ECSWX

Ticker

2048

Fund Number

Institutional Class

Share Class

Top Ten Holdings

Sorry, there is no data available for this fund

Performance

Total Returns

Month-End

Since Inception

Net Expense Ratio

Gross Expense Ratio

Embark Commodity Strategy Fund
-0.40%
0.79%disclaimer
0.95%
Bloomberg Commodity Index Total Return(SM)
--
--
--

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 Commodity Total Return Index measures the performance of future contracts on physical commodities which traded on US exchanges and London Metal Exchange. The commodity weightings are based on production and liquidity, subject to weighting restrictions applied annually. Indices listed are unmanaged and do not reflect fees and expenses and are not available for direct investment.

Price History

Chart

Sorry, there is no data available for this fund

Holdings

Top Ten Holdings

As of 1/31/2024

Company Name

Maturity Date

Coupon Rate (%)

Value ($000's)

% of Net Assets

GOLD 100 OZ FUTR Apr24
4/26/2024
0.0
10,544
20.8
BRENT CRUDE FUTR May24
3/28/2024
0.0
2,809
5.5
Low Su Gasoil G Mar24
3/12/2024
0.0
2,009
4.0
WTI CRUDE FUTURE Mar24
2/20/2024
0.0
1,593
3.1
BRENT CRUDE FUTR Apr24
2/29/2024
0.0
1,530
3.0
SILVER FUTURE Mar24
3/26/2024
0.0
1,506
3.0
SOYBEAN MEAL FUTR Mar24
3/14/2024
0.0
1,436
2.8
CORN FUTURE Mar24
3/14/2024
0.0
1,412
2.8
TREASURY BILL
3/26/2024
0.0
1,191
2.4
TREASURY BILL
4/2/2024
0.0
1,189
2.3
% of Total Holdings:
--
--
--
49.7%

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

As of 1/31/2024

Company Name

Maturity Date

Coupon Rate (%)

Market Value ($000's)

% of Net Assets

GOLD 100 OZ FUTR Apr24
4/26/2024
0.0
10,544
20.8
BRENT CRUDE FUTR May24
3/28/2024
0.0
2,809
5.5
Low Su Gasoil G Mar24
3/12/2024
0.0
2,009
4.0
WTI CRUDE FUTURE Mar24
2/20/2024
0.0
1,593
3.1
BRENT CRUDE FUTR Apr24
2/29/2024
0.0
1,530
3.0
SILVER FUTURE Mar24
3/26/2024
0.0
1,506
3.0
SOYBEAN MEAL FUTR Mar24
3/14/2024
0.0
1,436
2.8
CORN FUTURE Mar24
3/14/2024
0.0
1,412
2.8
TREASURY BILL
3/26/2024
0.0
1,191
2.4
TREASURY BILL
4/2/2024
0.0
1,189
2.3
TREASURY BILL
4/9/2024
0.0
1,188
2.3
TREASURY BILL
4/16/2024
0.0
1,187
2.3
TREASURY BILL
4/23/2024
0.0
1,186
2.3
TREASURY BILL
4/30/2024
0.0
1,185
2.3
TREASURY BILL
5/7/2024
0.0
1,183
2.3
TREASURY BILL
5/14/2024
0.0
1,182
2.3
TREASURY BILL
5/21/2024
0.0
1,181
2.3
TREASURY BILL
5/30/2024
0.0
1,180
2.3
GASOLINE RBOB FUT Mar24
2/29/2024
0.0
1,125
2.2
COFFEE 'C' FUTURE Mar24
3/18/2024
0.0
1,092
2.2
COPPER FUTURE Jul24
7/29/2024
0.0
1,087
2.1
LME COPPER FUTURE Jun24
6/17/2024
0.0
1,080
2.1
NATURAL GAS FUTR Mar24
2/27/2024
0.0
1,050
2.1
SUGAR #11 (WORLD) Mar24
2/29/2024
0.0
1,000
2.0
WTI CRUDE FUTURE Sep24
8/20/2024
0.0
965
1.9
LME ZINC FUTURE Jun24
6/17/2024
0.0
951
1.9
GASOLINE RBOB FUT May24
4/30/2024
0.0
932
1.8
TREASURY BILL
4/18/2024
0.0
890
1.8
SOYBEAN OIL FUTR Mar24
3/14/2024
0.0
884
1.7
LME COPPER FUTURE Apr24
4/15/2024
0.0
860
1.7
SOYBEAN FUTURE Mar24
3/14/2024
0.0
856
1.7
LME PRI ALUM FUTR Jun24
6/17/2024
0.0
807
1.6
SOYBEAN FUTURE May24
5/14/2024
0.0
801
1.6
Low Su Gasoil G May24
5/10/2024
0.0
796
1.6
NY Harb ULSD Fut May24
4/30/2024
0.0
778
1.5
LME PRI ALUM FUTR Aug24
8/19/2024
0.0
758
1.5
TREASURY BILL
3/21/2024
0.0
755
1.5
TREASURY BILL
4/4/2024
0.0
753
1.5
TREASURY BILL
4/11/2024
0.0
752
1.5
TREASURY BILL
3/7/2024
0.0
746
1.5
TREASURY BILL
3/14/2024
0.0
745
1.5
TREASURY BILL
3/28/2024
0.0
744
1.5
LIVE CATTLE FUTR Jun24
6/28/2024
0.0
644
1.3
CORN FUTURE Jul24
7/12/2024
0.0
630
1.2
SOYBEAN MEAL FUTR May24
5/14/2024
0.0
583
1.2
KC HRW WHEAT FUT Mar24
3/14/2024
0.0
529
1.0
LME ZINC FUTURE Jul24
7/15/2024
0.0
508
1.0
TREASURY BILL
2/29/2024
0.0
498
1.0
WHEAT FUTURE(CBT) Mar24
3/14/2024
0.0
446
0.9
SUGAR #11 (WORLD) May24
4/30/2024
0.0
443
0.9
NATURAL GAS FUTR May24
4/26/2024
0.0
442
0.9
COCOA FUTURE Jul24
7/16/2024
0.0
422
0.8
PLATINUM FUTURE Apr24
4/26/2024
0.0
420
0.8
ECX EMISSION Dec24
12/16/2024
0.0
416
0.8
LME PRI ALUM FUTR May24
5/13/2024
0.0
401
0.8
LEAN HOGS FUTURE Jun24
6/14/2024
0.0
392
0.8
CA Carbon Allow 24Dec24
12/24/2024
0.0
391
0.8
COPPER FUTURE Mar24
3/26/2024
0.0
391
0.8
MICRO COPPER Mar24
2/27/2024
0.0
371
0.7
WHEAT FUTURE(CBT) Jul24
7/12/2024
0.0
366
0.7
NY Harb ULSD Fut Mar24
2/29/2024
0.0
351
0.7
Low Su Gasoil G Feb24
2/12/2024
0.0
342
0.7
LME LEAD FUTURE Jun24
6/17/2024
0.0
326
0.6
KC HRW WHEAT FUT May24
5/14/2024
0.0
310
0.6
COTTON NO.2 FUTR May24
5/8/2024
0.0
302
0.6
LME NICKEL FUTURE May24
5/13/2024
0.0
294
0.6
COFFEE 'C' FUTURE May24
5/20/2024
0.0
286
0.6
LME LEAD FUTURE Apr24
4/15/2024
0.0
271
0.5
NATURAL GAS FUTR Apr24
3/26/2024
0.0
255
0.5
LME ZINC FUTURE May24
5/13/2024
0.0
253
0.5
LEAN HOGS FUTURE Apr24
4/12/2024
0.0
238
0.5
NY Harb ULSD Fut Apr24
3/28/2024
0.0
229
0.5
LME NICKEL FUTURE Jun24
6/17/2024
0.0
197
0.4
SOYBEAN OIL FUTR May24
5/14/2024
0.0
195
0.4
LME NICKEL FUTURE Apr24
4/15/2024
0.0
195
0.4
LME ZINC FUTURE Feb24
2/19/2024
0.0
190
0.4
SGX Iron Ore 62% Mar24
3/28/2024
0.0
182
0.4
LME PRI ALUM FUTR Mar24
3/18/2024
0.0
170
0.3
WHITE SUGAR (ICE) Mar24
2/14/2024
0.0
167
0.3
COFF ROBUSTA 10tn Mar24
3/22/2024
0.0
165
0.3
COCOA FUTURE - IC Mar24
3/13/2024
0.0
148
0.3
COTTON NO.2 FUTR Jul24
7/9/2024
0.0
131
0.3
COTTON NO.2 FUTR Mar24
3/6/2024
0.0
128
0.3
CATTLE FEEDER FUT May24
5/23/2024
0.0
126
0.2
SOYBEAN FUTURE Jul24
7/12/2024
0.0
124
0.2
MICRO GOLD Apr24
4/26/2024
0.0
124
0.2
SILVER FUTURE May24
5/29/2024
0.0
117
0.2
Micro Silver Mar24
3/26/2024
0.0
116
0.2
CORN FUTURE May24
5/14/2024
0.0
115
0.2
COCOA FUTURE May24
5/15/2024
0.0
95
0.2
COFFEE 'C' FUTURE Jul24
7/19/2024
0.0
71
0.1
Micro WTI Crude F Mar24
2/16/2024
0.0
68
0.1
PLATINUM (OSE) Dec24
12/24/2024
0.0
59
0.1
LME PRI ALUM FUTR Apr24
4/15/2024
0.0
57
0.1
SOYBEAN OIL FUTR Jul24
7/12/2024
0.0
28
0.1
TTF NAT GAS F Mar24
2/28/2024
0.0
24
0.0
MILL WHEAT EURO Mar24
3/11/2024
0.0
11
0.0
LME ZINC FUTURE Mar24
3/18/2024
0.0
0
0.0
PALLADIUM FUTURE Mar24
3/26/2024
0.0
0
0.0
COPPER FUTURES 3 MONTHS XLME 20240429
4/29/2024
0.0
0
0.0
LME COPPER FUTURE Mar24
3/18/2024
0.0
0
0.0
LIVE CATTLE FUTR Apr24
4/30/2024
0.0
0
0.0
LME ALUMINUM 3MO ($)
4/26/2024
0.0
0
0.0
LME NICKEL 3MO ($)
4/29/2024
0.0
0
0.0
LME LEAD 3MO ($)
4/26/2024
0.0
0
0.0
LME ZINC 3MO ($)
4/30/2024
0.0
0
0.0
JAPANESE YEN
--
0.0
-0
0.0
EURO CURRENCY
--
0.0
-0
0.0
POUND STERLING
--
0.0
-0
0.0
COCOA FUTURE Mar24
3/13/2024
0.0
-48
-0.1
SGX Iron Ore 62% Feb24
2/29/2024
0.0
-52
-0.1
LME NICKEL FUTURE Mar24
3/18/2024
0.0
-97
-0.2
GASOLINE RBOB FUT Apr24
3/28/2024
0.0
-103
-0.2
NATURAL GAS FUTR Jan25
12/27/2024
0.0
-229
-0.5
WTI CRUDE FUTURE Apr24
3/20/2024
0.0
-1,136
-2.2
Total
--
--
68,981
135.8
Cash and Other Assets Less Liabilities
--
--
--
-35.8
Total Net Assets
--
--
--
100%

Investment Team


Harbor Capital Advisors, Inc. dark blue logo on white background

Harbor's Multi-Asset Solutions Team ("MAST") delivers actionable investment insights and builds multi-asset portfolios and client solutions. MAST's investment platform combines proprietary quantitative and qualitative signals with inputs from Harbor's Investment Research Team, subadvisory network, and other sources to guide investment decisions across asset allocation, portfolio management, and risk oversight. With a focus on insights including asset allocation viewpoints, long-term capital market assumptions, and an extensive investment and product network, MAST centers on long-term portfolio construction that aims to help clients evaluate and implement more comprehensive solutions.

Documents

As a result of changing market conditions, total net asset levels, expenses and other factors may change at any time during the current fiscal period and may differ from those shown.

Diversification does not assure a profit or protect against loss in a declining market.

There is no guarantee that the investment objective of the Fund will be achieved. Securities markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market and economic conditions. Because the Fund is non-diversified and 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 Fund allocates to multiple Subadvisors and their investment styles and security selection may not always be complimentary, which could affect performance. The Fund has exposure to commodities (either directly or through Subsidiaries) through investments in commodity-linked derivative instruments. Commodity-linked derivatives may subject the Fund to significantly greater volatility than investments in traditional securities. The value of commodity-linked derivatives may be affected by prevailing spot prices for the underlying commodity, supply and demand, market activity, liquidity, economic, financial, political regulatory, geographical, biological or judicial events, and the general interest rate environment. Commodity-linked derivatives are subject to the risk that the counterparty to the transaction, the exchange or trading facility on which they trade, or the applicable clearing house may default or otherwise fail to perform.

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.

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Harbor Funds Distributors, Inc. is the Distributor of the Harbor Mutual Funds.
Foreside Fund Services, LLC is the Distributor of the Harbor ETFs.
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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 © 2024 Harbor Capital Advisors, Inc. All rights reserved.