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Harbor Dividend Growth Leaders ETF Q2 2025 Commentary
The Harbor Dividend Growth Leaders ETF (GDIV) seeks long-term growth of capital by investing in a relatively concentrated portfolio of primarily large-cap companies with a history or prospect of paying stable or increasing dividends, as determined by the portfolio manager and investment team. During the 2nd quarter, the Harbor Dividend Growth Leaders ETF (“ETF”) returned 6.44% (NAV), underperforming the ETF's style benchmark. The ETF benefited from a modest common factor tailwind during the quarter, but this was offset by stock-specific headwinds.