Key stats
About Harbor Multi-Asset Explorer ETF
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Inception date
Sep 13, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Harbor Capital Advisors, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US41151J8365
MAPP is an actively managed, global fund-of-funds that employs an asset allocation strategy driven by regime modeling. The fund may invest directly or indirectly in stocks of any sector and style, bonds of any credit rating, REITs, commodities, and cash and cash equivalents. The portfolio construction starts by assessing the global economic and business cycle. Risks and opportunities are evaluated on the current cycle using a proprietary model that includes growth, liquidity, and inflation factors. The model categorizes the business cycle into various regimes, and the prevailing business cycle regime determines the risk parameters and general asset allocation for the fund. The adviser then conducts various portfolio optimizations using the identified risk parameters and returns estimates. The adviser reviews and adjusts portfolio positions to reflect discretionary analysis, including valuation, sentiment, and sector fundamentals. The portfolio is generally rebalanced monthly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Miscellaneous
Bonds, Cash & Other100.00%
ETF92.83%
Miscellaneous12.35%
Cash−5.18%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MAPP last dividends amounted to 0.29 USD. The year before, the issuer paid 0.26 USD in dividends, which shows a 11.41% increase.
MAPP assets under management is 7.92 M USD. It's risen 1.34% over the last month.
MAPP fund flows account for 2.47 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MAPP pays dividends to its holders with the dividend yield of 0.97%. The last dividend (Dec 26, 2024) amounted to 0.55 USD. The dividends are paid annually.
MAPP shares are issued by ORIX Corp. under the brand Harbor. The ETF was launched on Sep 13, 2023, and its management style is Active.
MAPP expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
MAPP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MAPP invests in funds.
MAPP price has risen by 1.90% over the last month, and its yearly performance shows a 13.13% increase. See more dynamics on MAPP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.42% over the last month, showed a 8.54% increase in three-month performance and has increased by 15.44% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.42% over the last month, showed a 8.54% increase in three-month performance and has increased by 15.44% in a year.
MAPP trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.