Harbor Ares Systematic Multi-Sector Income ETF

SIFI

Market cap $33.6M

During the first quarter of 2026, the Harbor Ares Systematic Multi-Sector Income ETF returned -0.64% (NAV), underperforming its benchmark, the Bloomberg US Aggregate Bond Index, which returned -0.05%. The outlook for the Software sector turned negative, driven by perceived threats from Artificial Intelligence alternatives and the associated contagion in private credit markets. The ETF's interest rate duration position averaged about 4.3 years during the quarter, which had a negative impact on returns as interest rates increased.