Harbor Ares Systematic Multi-Sector Income ETF (SIFI)
Harbor Ares Systematic Multi-Sector Income ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $43.36, up 0.00% on the session, giving a market capitalisation of $33.8M. On trailing twelve-month figures it carries a trailing P/E of 53.53, a net margin of 16.4%. Its beta of 0.71 implies it has historically moved less than the broad market.
The fund invests primarily in fixed income instruments, including fixed income derivative instruments such as credit default swaps and U.S. Treasury futures. The fund may invest in exchange-traded funds to manage aggregate portfolio exposures. The fund may also invest in the securities of foreign issuers, including emerging market bonds. The fund may invest a majority of its assets in below investment-grade corporate bonds, commonly referred to as “high yield” or “junk” bonds, or unrated securities that Ares Systematic Credit Limited considers to be of an equivalent credit quality.
Harbor Ares Systematic Multi-Sector Income ETF is most often compared with the following Financial Services names: