Harbor Dividend Growth Leaders ETF
Active ETF
GDIV
Price as of:
$15.48
+ $0.22
+ 1.41%
Primary Theme
N/A
fund company
N/A
Name
As of 11/21/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
16.3%
1 yr return
22.4%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$258 M
Holdings in Top 10
39.6%
52 WEEK LOW AND HIGH
$15.3
$12.81
$15.70
Expenses
OPERATING FEES
Expense Ratio 0.50%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/21/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
GDIV - Profile
Distributions
- YTD Total Return 16.3%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 1.4%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameHarbor Dividend Growth Leaders ETF
-
Fund Family NameN/A
-
Inception DateApr 30, 2010
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerWilliam Muggia
Fund Description
Under normal market conditions, the Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in dividend-paying equity securities. The Fund invests primarily in equity securities, principally common and preferred stocks of large capitalization companies with a history of paying dividends or as determined by the Subadvisor’s analysis, the ability to increase dividends in the future.The Subadvisor uses a bottom-up process to identify companies which meet the Subadvisor’s fundamental criteria that evaluates companies on earnings, free cash flow generation and return of capital priorities, including dividends and stock buybacks. In constructing the Fund’s portfolio, the Subadvisor seeks to identify companies that it believes possess the following quantitative and qualitative characteristics:■High quality balance sheet;■Good stewards of capital;■Consistent free cash flow generation; and■History of dividend increases.The Subadvisor then performs a qualitative review of each identified company to select companies for inclusion in the Fund’s portfolio. Such review may include interviews and other contact with company management. The investment process generally results in a portfolio of 30-50 companies and, from time to time, may result in more substantial investments in particular sectors. Sector allocations are the outcome of the Subadvisor’s investment process.The Fund may also invest in other equity securities, including master limited partnerships (“MLPs”), American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”). The Fund may also invest in foreign securities (including through ADRs and GDRs), with such investments typically representing less than 35% of the Fund’s net assets.The Subadvisor may sell a security if the security reaches or falls below a predetermined price target, a change in the company’s fundamentals negatively impacts the Subadvisor’s original investment thesis, there is a change in the company’s dividend policy, or the Subadvisor identifies what it believes to be a more attractive investment opportunity.
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GDIV - Performance
Return Ranking - Trailing
| Period | GDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.3% | -51.8% | 22.1% | N/A |
| 1 Yr | 22.4% | -58.9% | 46.9% | 2.26% |
| 3 Yr | N/A* | -25.7% | 197.6% | 1.33% |
| 5 Yr | N/A* | -29.1% | 93.8% | 1.20% |
| 10 Yr | N/A* | -17.2% | 37.0% | N/A |
* Annualized
Return Ranking - Calendar
| Period | GDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.6% | -69.4% | 53.7% | N/A |
| 2022 | N/A | -94.0% | 152.6% | N/A |
| 2021 | N/A | -13.9% | 183.6% | N/A |
| 2020 | N/A | -18.2% | 8.9% | N/A |
| 2019 | N/A | -80.2% | 35.2% | N/A |
Total Return Ranking - Trailing
| Period | GDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.3% | -97.2% | 22.1% | N/A |
| 1 Yr | 22.4% | -58.9% | 67.6% | 3.53% |
| 3 Yr | N/A* | -25.7% | 197.6% | 1.47% |
| 5 Yr | N/A* | -28.1% | 93.8% | 1.36% |
| 10 Yr | N/A* | -11.8% | 37.0% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | GDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.6% | -69.4% | 53.7% | N/A |
| 2022 | N/A | -94.0% | 152.6% | N/A |
| 2021 | N/A | -13.9% | 183.6% | N/A |
| 2020 | N/A | -12.8% | 8.9% | N/A |
| 2019 | N/A | -60.0% | 35.2% | N/A |
GDIV - Holdings
Concentration Analysis
| GDIV | Category Low | Category High | GDIV % Rank | |
|---|---|---|---|---|
| Net Assets | 258 M | 177 K | 1.21 T | 77.77% |
| Number of Holdings | 42 | 2 | 4154 | 83.06% |
| Net Assets in Top 10 | 110 M | 1.74 K | 270 B | 77.32% |
| Weighting of Top 10 | 39.60% | 1.8% | 100.0% | 34.68% |
Top 10 Holdings
- Microsoft Corp 7.43%
- Apple Inc 5.86%
- Broadcom Inc 5.39%
- Arthur J Gallagher Co 3.88%
- International Business Machines Corp 3.82%
- Mueller Industries Inc 2.67%
- Coca-Cola Co/The 2.67%
- American International Group Inc 2.66%
- AbbVie Inc 2.65%
- Microchip Technology Inc 2.58%
Asset Allocation
| Weighting | Return Low | Return High | GDIV % Rank | |
|---|---|---|---|---|
| Stocks | 99.19% | 0.00% | 130.24% | 73.79% |
| Cash | 0.81% | -102.29% | 100.00% | 22.27% |
| Preferred Stocks | 0.00% | 0.00% | 2.23% | 56.98% |
| Other | 0.00% | -13.91% | 134.98% | 57.19% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 54.98% |
| Bonds | 0.00% | -0.04% | 95.81% | 54.98% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GDIV % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 25.44% | 92.86% |
| Technology | 0.00% | 0.00% | 48.94% | 15.41% |
| Real Estate | 0.00% | 0.00% | 37.52% | 0.98% |
| Industrials | 0.00% | 0.00% | 29.90% | 78.15% |
| Healthcare | 0.00% | 0.00% | 60.70% | 56.44% |
| Financial Services | 0.00% | 0.00% | 55.59% | 78.92% |
| Energy | 0.00% | 0.00% | 41.64% | 6.44% |
| Communication Services | 0.00% | 0.00% | 27.94% | 92.09% |
| Consumer Defense | 0.00% | 0.00% | 49.14% | 40.06% |
| Consumer Cyclical | 0.00% | 0.00% | 50.47% | 63.80% |
| Basic Materials | 0.00% | 0.00% | 26.10% | 82.14% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GDIV % Rank | |
|---|---|---|---|---|
| US | 99.19% | 0.00% | 127.77% | 63.07% |
| Non US | 0.00% | 0.00% | 33.51% | 38.93% |
GDIV - Expenses
Operational Fees
| GDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.50% | 0.01% | 2.95% | 69.16% |
| Management Fee | 0.50% | 0.00% | 2.00% | 47.86% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 14.08% |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| GDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| GDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| GDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 496.00% | N/A |
GDIV - Distributions
Dividend Yield Analysis
| GDIV | Category Low | Category High | GDIV % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.41% | 0.00% | 19.15% | 77.22% |
Dividend Distribution Analysis
| GDIV | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| GDIV | Category Low | Category High | GDIV % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | -54.00% | 6.06% | N/A |
Capital Gain Distribution Analysis
| GDIV | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Oct 01, 2024 | $0.054 | OrdinaryDividend |
| Jul 01, 2024 | $0.054 | OrdinaryDividend |
| Apr 01, 2024 | $0.041 | OrdinaryDividend |
| Dec 21, 2023 | $0.065 | OrdinaryDividend |
| Oct 02, 2023 | $0.048 | OrdinaryDividend |
| Jul 03, 2023 | $0.050 | OrdinaryDividend |
| Apr 03, 2023 | $0.054 | OrdinaryDividend |
| Dec 21, 2022 | $0.696 | OrdinaryDividend |
GDIV - Fund Manager Analysis
Managers
William Muggia
Start Date
Tenure
Tenure Rank
Jul 26, 2013
8.85
8.9%
Will joined Westfield Capital Management in April 1994. In addition to his executive duties, he chairs the Investment Committee, serves as Market Strategist and contributes investment ideas primarily within the Health Care and Energy sectors. In 2001, Will was promoted to President and Chief Investment Officer and now oversees all of Westfield's US equity and hedge fund strategies. In this role, Will and his team have grown the firm from $2 billion to $13 billion in assets under management. Prior to joining Westfield, Will worked in the Technology Investment Banking Group at Alex Brown & Sons, where his responsibilities included mergers and acquisitions, restructuring, and spin-offs. Before that, he was a Vice President at Kidder, Peabody & Company. Will graduated from Middlebury College in 1983 and received a Masters in Business Administration from the Harvard Business School in 1992. Will and his family are very active in community service, focusing their efforts on education for underprivileged youth. He is a member of the Board of Directors of SquashBusters and the Advisory Board of The Base.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.17 | 2.42 |