# Harbor Active Small Cap ETF (SMLL) (SMLL): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/smll for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Harbor · Asset class: Equity - Strategy: Passive Index · Inception: 2024-08-28 The Harbor Active Small Cap ETF (SMLL) strives to achieve strong long-term total returns by investing in U.S. small-capitalization companies that are part of the Russell 2000 Index. Utilizing a proprietary bottom-up analysis, SMLL carefully constructs a concentrated portfolio of approximately 30 to 80 companies. These selections are based on their sustainable competitive advantages, robust business models, and reliable cash flow generation. The selection process incorporates key metrics such as Price to Free Cash Flow, Return on Invested Capital, and an examination of insider share purchase... ## Key Facts | Metric | Value | |---|---| | Price | $21.70 | | Expense Ratio | 0.80% | | Assets Under Management | $13.0M | | NAV | $21.74 | | Holdings Count | 51 | | Distribution Yield (TTM) | 2.17% | | Annual Distribution (TTM) | $0.47 /share | | Distribution Frequency | Irregular | | 52-Week Range | $18.58 – $22.56 | | Beta | 1.04 | ## Latest Distribution - Amount: $0.4720 /share - Ex-date: 2025-12-19 - Pay date: 2025-12-24 ## Frequently Asked Questions ### What does SMLL invest in? The Harbor Active Small Cap ETF (SMLL) strives to achieve strong long-term total returns by investing in U.S. small-capitalization companies that are part of the Russell 2000 Index. Utilizing a proprietary bottom-up analysis, SMLL carefully constructs a concentrated portfolio of approximately 30 to 80 companies. These selections are based on their sustainable competitive advantages, robust business models, and reliable cash flow generation. The selection process incorporates key metrics such as Price to Free Cash Flow, Return on Invested Capital, and an examination of insider share purchases. Additionally, the fund scrutinizes a company's competitive position within its industry and the management's proficiency in deploying capital. Ongoing valuation analysis is key to determining a stock's intrinsic worth and identifying when it trades below this estimated value. SMLL exits holdings if there are significant shifts in fundamentals, market overvaluation, or when superior investment prospects emerge. ### What is the expense ratio of SMLL? Harbor Active Small Cap ETF (SMLL) (SMLL) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SMLL? Harbor Active Small Cap ETF (SMLL) (SMLL) manages $13.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is SMLL actively managed or an index fund? SMLL is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SMLL's is 0.80%) because there's no security selection cost. ### When was SMLL launched? Harbor Active Small Cap ETF (SMLL) (SMLL) launched in August 2024 and is managed by Harbor. ### How has SMLL performed? SMLL's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does SMLL pay a dividend? Harbor Active Small Cap ETF (SMLL) (SMLL) currently distributes little or no income. Trailing-twelve-month yield is 2.17%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SMLL pay dividends? Harbor Active Small Cap ETF (SMLL) pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SMLL's dividend yield? SMLL's trailing-twelve-month yield is 2.17%, calculated from the sum of dividends over the past year divided by the current price. ### When is SMLL's next ex-dividend date? The most recently announced ex-dividend date for SMLL was 2025-12-19. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will SMLL's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.80% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SMLL charge its expense ratio? The expense ratio is deducted in tiny daily slices from SMLL's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SMLL cost more than a fund like VOO? SMLL is a passive index fund (current expense ratio 0.80%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to SMLL? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as SMLL (0.80%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/smll - Distribution history: https://www.dividenddata.com/funds/smll/dividend - Holdings & diversification: https://www.dividenddata.com/funds/smll/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/smll/expenses - Peer comparison: https://www.dividenddata.com/funds/smll/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.