Harbor Files Higher-Yield Autocallable ETF With Enhanced Income Features

The Harbor Autocallable Income High ETF will use swaps linked to a laddered index of synthetic autocallable notes tied to SPY, QQQ, and IWM. Compared with more traditional autocallable structures, the strategy incorporates higher-risk, higher-income features including lower coupon and maturity barriers, a shorter no-call period, and a “one-star” provision that can preserve principal if the best-performing underlying index meets specified thresholds. The actively-managed fund seeks to deliver elevated monthly income while maintaining conditional downside protection.