TEC Fees and Costs — Harbor Transformative Technologies ETF
Data updated: 2026-09-25
The net expense ratio is 0.69%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $58 in broker commissions, 0.0011% of average net assets.
TEC Fees and Expenses
Annual operating expenses and sales charges of TEC. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.69% |
| Fee waiver | — |
| Net expense ratio | 0.69% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
TEC Costs Over Time
On $10,000 invested in TEC, assuming 5% a year before costs, total costs come to $435 over 5 years, cutting the return by 0.73% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.69%) | $72 | $227 | $395 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $238 | $435 |
| Value after costs | $10,427 | $11,338 | $12,328 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
TEC Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0011%
- Total broker commissions: $58
- Bought from dealers (principal trades, not a cost): $7.6M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
TEC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Guardian Capital LP | $20 | 34.74% |
| RBC Capital Markets, LLC | $15 | 26.34% |
| Jefferies LLC | $12 | 21.33% |
| J.P. Morgan Securities LLC | $7 | 11.83% |
| UBS Securities LLC | $1 | 2.03% |
| Sanford C. Bernstein & Co., LLC | $1 | 1.96% |
| Goldman Sachs & Co. LLC | $1 | 1.40% |
| Citigroup Global Markets Inc. | $0 | 0.38% |
TEC Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $7.6M | 99.53% |
| Goldman Sachs & Co. LLC | $31K | 0.41% |
| Morgan Stanley & Co. LLC | $3K | 0.04% |
| Citigroup Global Markets Inc. | $2K | 0.02% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.