ETF Evaluator: Harrison Street Infrastructure Actv ETF () Follow This ETF

Harrison Street Infrastructure Actv ETF Overview

Harrison Street Infrastructure Actv ETF (NFRX) is an actively managed Sector Equity Infrastructure exchange-traded fund (ETF). Harrison Street launched the ETF in 2026.

The investment seeks long-term capital appreciation and income. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing primarily in a portfolio of equity securities of infrastructure companies. Under normal circumstances, the fund will invest at least 80% of the value of its net assets,plus any borrowings for investment purposes, in equity securities of infrastructure companies. The fund is non-diversified.

About Harrison Street Infrastructure Actv ETF (NFRX)

There are 5 members of the management team with an average tenure of 0.50 years: Casey Frazier (2026), Andrew Hicks (2026), Qiao Duan (2026), Hasan Goncu (2026) and Robert Becker (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.

Harrison Street Infrastructure Actv ETF has 42 securities in its portfolio. The top 10 holdings constitute 44.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Harrison Street Infrastructure Actv ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Harrison Street Infrastructure Actv ETF has 40.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 58.0% There is 40.9% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Harrison Street Infrastructure Actv ETF has 1.2% of the portfolio in cash.

Assets Under Management

The fund has $106 million in total assets, which is below the $1 billion average for the Infrastructure category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

NFRX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Harrison Street Infrastructure Actv ETF expense ratio is high compared to funds in the Infrastructure category. Harrison Street Infrastructure Actv ETF has an expense ratio of 0.80%, which is 50% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Harrison Street Infrastructure Actv ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 40% for the Infrastructure category.

Recently, in the month of July 2026, Harrison Street Infrastructure Actv ETF returned -0.1%, which earned it a grade of B, as the Infrastructure category had an average return of -2.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Harrison Street Infrastructure Actv ETF has a trailing yield of 0.00%, which is below the 2.04% category average. The fund normally distributes its income quarterly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

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