SIHY

Harbor Scientific Alpha High-Yield ETF

$45.80
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Harbor Scientific Alpha High-Yield ETF (SIHY) seeks to provide high current income and capital appreciation by investing in a portfolio of high-yield fixed income securities.

Overview

ETF tracking Harbor Scientific Alpha High-Yield ETF

Category Value
Issuer Other
Inception Date 2001-09-16
Market Cap $154.0M
Average Volume N/A
Dividend Yield 5.80%
52-Week Range $43.15 - $46.55
VWAP $45.80

Performance

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Investment Summary

📎 Investment Objective

The Harbor Scientific Alpha High-Yield ETF (SIHY) seeks to provide high current income and capital appreciation by investing in a portfolio of high-yield fixed income securities.

🎯 Investment Strategy

The fund uses a quantitative, rules-based approach to identify and invest in high-yield corporate bonds that exhibit attractive risk-adjusted return characteristics. The portfolio is actively managed to maintain diversification and manage risk.

✨ Key Features

  • Focuses on high-yield corporate bonds to generate high current income
  • Utilizes a quantitative, rules-based investment process to identify attractive securities
  • Actively managed portfolio to maintain diversification and manage risk
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • High-yield bonds are subject to greater credit and default risk than investment-grade bonds
  • Potential for increased volatility and risk compared to investment-grade fixed income
  • Interest rate risk as bond prices may decline when interest rates rise
  • Liquidity risk as high-yield bonds may be less liquid than investment-grade bonds

👤 Best For

The Harbor Scientific Alpha High-Yield ETF may be suitable for investors seeking high current income and capital appreciation, and who have a higher risk tolerance and longer investment horizon to withstand the volatility associated with high-yield fixed income investments.