Harbor Ares Systematic High Yield ETF

SIHY

時価総額 $1.46億

During the second quarter, the Harbor Ares Systematic High Yield ETF returned 3.11%. Performance was driven by security selection. The performance of Ares Systematic Credit's proprietary Sentiment and Valuation research insights drove the security selection gains.

CHICAGO--(BUSINESS WIRE)--Harbor Capital Advisors, Inc. ("Harbor"), an asset manager focused on delivering differentiated investment solutions, today announced the commemoration of five years since becoming an issuer of ETFs and the five-year track-record milestone for its first two ETFs, the Harbor Ares Systematic High Yield ETF (NYSE Arca: SIHY) and Harbor Ares Systematic Multi-Sector Income ETF (NYSE Arca: SIFI). The ETFs were launched with strategic partner Ares Systematic Credit, an affili.

The Fund seeks total return by mainly investing in below investment-grade (high yield) corporate bonds. During the third quarter, the Harbor Scientific Alpha High Yield ETF returned 2.70% (NAV), outperforming its benchmark, the ICE BofA US High Yield Index (H0A0), which returned 2.40%. The outperformance was driven by security selection across several sectors.

During the first quarter, the Harbor Scientific Alpha High Yield ETF (“Fund”) returned 0.56% (at NAV), underperforming its benchmark, the ICE BofA US High Yield Index (H0A0), which returned 0.94%. Performance was driven by security selection across several sectors, most notably Energy, Electronics, and Information Technology. The Fund seeks to be broadly neutral in duration and yield curve versus its benchmark.

As high yield bond ETFs see a resurgence in interest, it's important that investors fully understand the vast array of products available on the market. High yield bond ETFs are on track for a record month.

Higher interest rates could lead to bond investments generating compelling returns for the coming years. In a higher rate environment, long-term bond investors can benefit from higher reinvestment rates and generated income, according to Harbor Capital Advisors.