

CHICAGO--(BUSINESS WIRE)--Harbor Capital Advisors, Inc. ("Harbor"), an asset manager focused on delivering differentiated investment solutions, today announced the commemoration of five years since becoming an issuer of ETFs and the five-year track-record milestone for its first two ETFs, the Harbor Ares Systematic High Yield ETF (NYSE Arca: SIHY) and Harbor Ares Systematic Multi-Sector Income ETF (NYSE Arca: SIFI). The ETFs were launched with strategic partner Ares Systematic Credit, an affili.

JPMorgan Chase and Co. trimmed its holdings in Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) by 43.1% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 57,109 shares of the company's stock after selling 43,323 shares during the quarter. JPMorgan Chase and Co.



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.

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY - Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 37,400 shares, a growth of 60.5% from the September 30th total of 23,300 shares. Currently, 1.1% of the company's stock are

During the first quarter, the Harbor Scientific Alpha High Yield ETF (“Fund”) returned 0.56% (at NAV), underperforming its benchmark, the ICE BofA US High Yield Index (H0A0), which returned 0.94%. Performance was driven by security selection across several sectors, most notably Energy, Electronics, and Information Technology. The Fund seeks to be broadly neutral in duration and yield curve versus its benchmark.

As high yield bond ETFs see a resurgence in interest, it's important that investors fully understand the vast array of products available on the market. High yield bond ETFs are on track for a record month.