Harbor Active Small Cap Growth ETF (SGRW) Stock Price, Quote, News & History | Benzinga

The Fund invests primarily in equity securities of U.S. small capitalization growth companies. Under normal circumstances, the Fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in equity securities of small cap companies that Granahan Investment Management LLC, the Fund's subadvisor, considers growth stocks. Equity securities include, but are not limited to, common stock, preferred stock, other investment companies and American Depositary Receipts. The Fund defines small cap companies as those that, at the time of purchase, have market capitalizations that qualified them for inclusion in the Russell 2000 Growth Index during the trailing 36 months. As of September 30, 2025, the range of the Index was 26 million dollar to 25 billion dollar, but it is expected to change frequently. The Fund may continue to hold securities that no longer meet this small cap definition following the time of purchase. The Fund considers growth companies to be those that, in the judgement of the Subadvisor, have the potential to achieve above-average increases in revenues and earnings over a multi-year period. Using a disciplined, fundamental, bottom-up approach to research, the Subadvisor invests in companies it believes are well managed, rapidly growing and undercovered and-or out of favour with the investment community. The Subadvisor generally expects such companies to demonstrate the capacity to grow revenues and earnings at rates of approximately 15 percent or more in the next three years. These expectations are based on the Subadvisor's internal analysis and may not be consistent with consensus estimates or other third-party projections. The Subadvisor utilizes a team approach to portfolio management where each portfolio manager manages a portion of the Fund's portfolio. The Fund will typically hold approximately 120 to 160 companies in its portfolio.