YLDS — Harbor Arena Structured Income ETF

YLDS Fund Overview

YLDS — Harbor Arena Structured Income ETF is a US ETF managed by Harbor ETF Trust, categorised as Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: Harbor ETF Trust
• Category: Equity
• Ticker: YLDS
• SEC CIK: 0001860434
• SEC series ID: S000109000
• Share class ID: C000280096

YLDS Investment Objective and Strategy

Harbor Arena Structured Income ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Harbor ETF Trust.

Investment objective

The Fund seeks to provide current income through exposure to the NYSE Structured Autocallable Income Index, an index designed to replicate the performance of a diversified portfolio of synthetic autocallable notes.

Principal investment strategy

The Fund is an actively managed exchange-traded fund (“ETF”) that seeks to provide investors with distributions (current income) through exposure to an index designed to replicate the performance of a diversified portfolio of synthetic autocallable notes. An autocallable note is a type of structured product that pays income (or coupons) based on the performance of a reference asset or index. Under normal circumstances, the Fund seeks to invest at least 80% of its net assets, plus borrowings for investment purposes, in unfunded total return swaps referencing the NYSE Structured Autocallable Income Index (the “Autocallable Index”). For purposes of determining compliance with this 80% investment policy, the Fund values such swaps at their notional value. Swaps are derivatives used to provide exposure to the performance of an underlying reference asset without requiring the Fund to purchase that asset directly.

An unfunded total return swap is a derivative contract with a counterparty under which the Fund obtains economic exposure to the Autocallable Index without paying the full notional amount upfront, instead making or receiving payments based on the performance of the Autocallable Index while generally holding cash or other assets to meet collateral and liquidity requirements. Through its use of derivatives to gain exposure to the Autocallable Index, the Fund seeks to generate current income in exchange for accepting significant equity-market risk. The Fund obtains exposure to a laddered portfolio of notes with different starting dates throughout the year so that the equity index performance linked to each note will normally produce a different outcome for each note. Each synthetic autocallable note included in the Autocallable Index is linked to three specially designed U.S.

equity indexes, with the weakest-performing of the three indexes generally determining how the note performs, as follows: ■ Contingent Coupon Payments: Each note generates a monthly coupon if,

YLDS Debt Constituents

No individual debt constituents are reported in Harbor Arena Structured Income ETF's latest SEC N-PORT filing.

Related Funds

Other Equity funds tracked on ABC INVEST:

• Alpha Architect Intermediate-Term Treasury Bond ETF (BOXI)
• Brandywine International ETF (BWIT)
• Global X MLCC & Electronic Components ETF (MLCC)
• GraniteShares YieldBOOST Natural Gas ETF (NVYY)
• Harbor Structured High Income ETF (YLDH)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.