The Harbor Dividend Growth Leaders ETF (GDIV) is an exchange-traded fund designed to achieve long-term capital appreciation by investing in companies with a consistent history of paying and growing dividends. The ETF is managed by Harbor Capital Advisors and trades under the ticker GDIV on the NYSE Arca.
Classified as a dividend growth equity ETF, the fund primarily invests in large-cap companies across developed markets that exhibit strong fundamentals, consistent cash flow generation, and the potential to increase dividend payments over time.
The ETF follows an active management approach, using fundamental research to identify companies that combine business quality, earnings growth, and disciplined capital allocation.
Diversification and sector exposure
GDIV provides exposure primarily associated with:
Dividend-paying companies.
Information technology.
Financial services.
Industrials.
Healthcare.
Consumer staples.
Developed markets.
Active management.
The portfolio typically holds between 30 and 50 large-cap companies across multiple sectors. While most investments are based in the United States, the fund may also allocate a portion of its assets to companies in other developed markets.
The ETF's performance generally reflects the results of companies capable of delivering sustainable dividend growth while offering long-term capital appreciation.
Structure and costs
GDIV shares trade on the secondary market on the NYSE Arca during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF's market price with its net asset value (NAV).
The fund charges a management fee as outlined in its prospectus, distributes dividends quarterly, and does not charge a performance fee.
History and evolution of the ETF
The Harbor Dividend Growth Leaders ETF began operating as an ETF in 2022 following the conversion of the Westfield Capital Dividend Growth Fund, a mutual fund originally launched in 2010.
Since its conversion, the fund has maintained its investment philosophy of selecting high-quality companies with the potential for long-term dividend growth through an actively managed, fundamentally driven strategy.
In recent years, investor demand for resilient businesses, rising interest rates, inflation, and the importance of consistent cash flow generation have continued to shape the performance of the companies held by the ETF.
Additional Information
GDIV (United States) is an exchange-traded fund (ETF), with assets under management totaling $245.29 million.
Over the past 12 months, GDIV recorded a return of 22.45%, with its price trading between $15.52 and $18.99 during the same period.
The ETF is traded under the ticker GDIV.