Key stats
About Harbor Multi-Asset Explorer ETF
Home page
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.
Related funds
Classification
What's in the fund
Exposure type
ETF
Miscellaneous
Bonds, Cash & Other100.00%
ETF92.83%
Miscellaneous12.35%
Cash−5.18%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MAPP trades at 26.60 USD today, its price has risen 0.61% in the past 24 hours. Track more dynamics on MAPP price chart.
MAPP net asset value is 26.42 today — it's risen 1.58% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MAPP assets under management is 7.92 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MAPP price has risen by 1.90% over the last month, and its yearly performance shows a 12.66% increase. See more dynamics on MAPP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.58% over the last month, showed a 7.31% increase in three-month performance and has increased by 14.64% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.58% over the last month, showed a 7.31% increase in three-month performance and has increased by 14.64% in a year.
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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MAPP invests in funds. See more details in our Analysis section.
MAPP expense ratio is 0.85%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MAPP isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MAPP technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MAPP shows the strong buy signal. See more of MAPP technicals for a more comprehensive analysis.
Today, MAPP technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MAPP shows the strong buy signal. See more of MAPP technicals for a more comprehensive analysis.
Yes, MAPP pays dividends to its holders with the dividend yield of 0.97%.
MAPP trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MAPP shares are issued by ORIX Corp.
MAPP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 13, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.