Harbor Scientific Alpha High-Yield ETF Q3 2025 Commentary

Harbor Capital Advisors 51 Follower s Follow 5 Share Save Play ( 5min ) Comments Summary 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. Risk markets were buoyed by expectations for rate cuts by the U.S. Federal Reserve, as concerns shifted from inflation to an increasingly weak labor market. We see default incidence remaining above median and view this, alongside the fragile economic context, as a positive backdrop for the ETF's security-selection emphasis. Sumedha Lakmal/iStock via Getty Images The backdrop of continuing U.S. labor market weakness has been increasingly reflected in consumer sentiment surveys and upward trends in credit delinquencies. - BlueCove Limited Market in Review Risk markets remained firm during the This article was written by Harbor Capital Advisors 51 Follower s Follow Harbor Capital is an asset manager focused on curating an intentionally select suite of active ETFs that they believe have the potential to produce compelling, risk-adjusted returns within a portfolio. Note: This account is not managed or monitored by Harbor Capital, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Harbor Capital's official channels.

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