---
title: "Harbor and WisdomTree set fees on five funds that had not started operating"
url: "https://etf.net/news/harbor-and-wisdomtree-set-fees-on-five-funds-that-had-not-started-operating-2026-10-06"
published_at: "2026-10-06T23:46:10.570Z"
updated_at: "2026-10-06T23:46:10.570Z"
byline: "ETF.net Research"
---

# Harbor and WisdomTree set fees on five funds that had not started operating

Harbor's three income ETF registrations took effect Monday, October 5, 2026, at a 0.69% fee, separate from index deductions of about 2% to 6% a year, and WisdomTree set a 0.88% fee on two funds.

By ETF.net Research. Published Oct 6, 2026.

By Tuesday, October 6, 2026, Harbor ETF Trust and WisdomTree Trust had made five new fund registrations effective and set the fees. Each prospectus says the fund had not started operating. None of this changes the fee on a fund already running.

No fund filed to close. Northern Lights Fund Trust II also filed a summary prospectus for the Longboard Fund, a mutual fund, with the same annual fees as the summary dated September 29, 2025.

Harbor's three seek current income. Each tracks a different NYSE index meant to match the performance of a portfolio of synthetic autocallable notes, contracts that pay income from a reference index and can be called early. The prospectus lists each fund on NYSE Arca.

Each plans to put at least 80% of its assets into swaps that pay its index's return. The indexes do not hold the notes.

The components of those indexes are derived from three stock funds: the State Street SPDR S&P 500 ETF, SPY, which tracks the S&P 500; the Invesco QQQ Trust, QQQ, which tracks the Nasdaq-100; and the iShares Russell 2000 ETF, IWM, a fund of small U.S. stocks. The indexes do not hold those funds either.

Each index deducts a set amount each year from the parts derived from those funds. The prospectus says the deduction reduces the index, and that it is separate from the fund's fees.

Harbor's three charge the same fee. The deduction does not.

Table: Fund, Fee after reimbursement, Yearly index deduction

The adviser has agreed to limit operating expenses, excluding interest, to **0.69%** through December 31, 2027. Only the board can change or end that agreement.

The 0.69% a holder pays is the management fee. The adviser reimburses an estimated 0.06% in acquired fund fees, the cost of holding other investment companies, and that reimbursement cancels the charge. Before the reimbursement, the prospectus estimates the total at 0.75%.

The WisdomTree Efficient Long/Short U.S. SmallCap Equity Fund, WSLS, seeks total return. It keeps about equal exposure to a book of small U.S. stocks and to a long-and-short book of small U.S. stocks, and the long-and-short side is generally held through swaps.

The fee is **0.88%**, with no reimbursement in its fee table. That is the same fee WisdomTree's page showed on Friday, October 2, for the WisdomTree Efficient Long/Short U.S. Equity Fund, WTLS, which pairs large U.S. stocks with a long-and-short strategy.

The WisdomTree Global Alpha Fund, WTAL, seeks total return from a long-and-short book of stocks around the world. It will not put more than 60% of its assets in companies based in the United States. The strategy is typically 200% long and about 180% short, generally through swaps, so the long side is twice the fund's money. The fee is the same 0.88%.

The WSLS prospectus, dated Monday, and the WTAL prospectus, dated Tuesday, each took effect when filed. Both name the Texas Stock Exchange, a national exchange based in Dallas. The exchange said Monday it will admit both funds to listing and trading on Thursday, October 8.

Through the end of 2027, a Harbor holder pays 0.69%. That fee does not include the index deduction, and the deduction on the Harbor Structured Premium Income ETF, YLDP, about 6% a year, is larger than on the other two.

Source: etf.net, https://etf.net/news/harbor-and-wisdomtree-set-fees-on-five-funds-that-had-not-started-operating-2026-10-06. Please cite the page URL.