Key stats
About Harbor Health Care ETF
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Inception date
Nov 17, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
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
US41151J8696
MEDI invests in a narrow portfolio of 30 to 50 stocks from around the world within the broad health care sector. Companies may include manufacturers of health care equipment, service providers, pharmaceuticals, biotechnology, and health care technology. Securities are selected based on the advisors assessment of both quantitative and qualitative data. Fundamental criteria considered concentrates on a companys valuation, financial metrics, competitive advantage, market opportunity, capital structure management record and may include other metrics obtained through personal interviews with a company. The advisor believes that superior management, insider ownership, unique market positions, broad market opportunity, solid accounting and financial operations can supplement capital growth.
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
Health Technology
Health Services
Stocks99.31%
Health Technology81.59%
Health Services12.98%
Commercial Services2.72%
Finance1.25%
Distribution Services0.77%
Bonds, Cash & Other0.69%
Cash0.69%
Stock breakdown by region
North America74.07%
Europe25.93%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MEDI invests in stocks. The fund's major sectors are Health Technology, with 81.59% stocks, and Health Services, with 12.98% of the basket. The assets are mostly located in the North America region.
MEDI top holdings are Ascendis Pharma A/S Sponsored ADR and Eli Lilly and Company, occupying 16.23% and 15.92% of the portfolio correspondingly.
MEDI last dividends amounted to 0.04 USD. The year before, the issuer paid 0.10 USD in dividends, which shows a 159.18% decrease.
MEDI assets under management is 19.26 M USD. It's risen 14.20% over the last month.
MEDI fund flows account for 2.79 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, MEDI pays dividends to its holders with the dividend yield of 0.35%. The last dividend (Dec 26, 2024) amounted to 0.13 USD. The dividends are paid annually.
MEDI shares are issued by ORIX Corp. under the brand Harbor. The ETF was launched on Nov 17, 2022, and its management style is Active.
MEDI expense ratio is 0.80% meaning you'd have to pay 0.80% of your investment to help manage the fund.
MEDI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MEDI invests in stocks.
MEDI price has risen by 1.96% over the last month, and its yearly performance shows a 0.18% increase. See more dynamics on MEDI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.87% over the last month, showed a 11.74% increase in three-month performance and has increased by 1.51% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.87% over the last month, showed a 11.74% increase in three-month performance and has increased by 1.51% in a year.
MEDI trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.