Harbor Completes Industry’s First Mutual Fund Into an Existing ETF Merger
March 14, 2023 at 13:20 PM EDT
Harbor Capital Advisors recently completed the industry’s first mutual fund into an existing ETF merger. Harbor merged the Harbor High-Yield Bond Fund (HYFAX), a mutual fund, into the Harbor Scientific Alpha High-Yield ETF (SIHY), an ETF, effective February 24, 2023. The move allows investors in the Harbor High-Yield Bond Fund the liquidity and tax advantages of [...] The post Harbor Completes Industry’s First Mutual Fund Into an Existing ETF Merger appeared first on ETF Trends .