Key stats
About Harbor All-Weather Inflation Focus ETF
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Inception date
Feb 9, 2022
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Harbor Capital Advisors, Inc.
Distributor
Foreside Fund Services LLC
HGER attempts to diversify efficiently across commodities to target the most sensitive to US-CPI. Selection begins with the 24 most liquid commodity futures, scored for economic significance and quality, considering open interest, holding and trading costs, and inflation sensitivity. The index holds at least 15 commodity futures with weights ranging 2-20%, except gold which can have up to 40% weight. A proprietary scarcity debasement indicator determines the type of inflationary environment, to which the allocation to gold is adjusted accordingly. The index is reconstituted and rebalanced quarterly. Index calculation is based on total return, which includes the futures returns plus returns from managing the funds cash collateral. The fund invests using excess return swaps through a wholly owned Cayman Islands subsidiary, avoiding K-1 tax forms. Before March 6, 2023, the fund traded as the Harbor All-Weather Inflation Focus ETF and tracked the Harbor Inflation Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Cash
Bonds, Cash & Other100.00%
Government81.22%
Cash10.29%
Miscellaneous8.49%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HGER last dividends amounted to 0.73 USD. The year before, the issuer paid 1.52 USD in dividends, which shows a 109.09% decrease.
HGER assets under management is 338.48 M USD. It's risen 10.47% over the last month.
HGER fund flows account for 158.27 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HGER pays dividends to its holders with the dividend yield of 0.59%. The last dividend (Dec 26, 2024) amounted to 0.73 USD. The dividends are paid annually.
HGER shares are issued by ORIX Corp. under the brand Harbor. The ETF was launched on Feb 9, 2022, and its management style is Passive.
HGER expense ratio is 0.68% meaning you'd have to pay 0.68% of your investment to help manage the fund.
HGER follows the Quantix Commodity Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HGER invests in bonds.
HGER price has risen by 2.91% over the last month, and its yearly performance shows a 5.77% increase. See more dynamics on HGER price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.71% over the last month, showed a 4.28% increase in three-month performance and has increased by 9.33% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.71% over the last month, showed a 4.28% increase in three-month performance and has increased by 9.33% in a year.
HGER trades at a premium (0.67%) meaning the ETF is trading at a higher price than the calculated NAV.