Harbor Completes Industry’s First Mutual Fund Into an Existing ETF Merger

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 .