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Trending ETFs

Name

As of 01/14/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$15.67

$25.7 M

2.73%

$0.43

0.74%

Vitals

YTD Return

-1.1%

1 yr return

10.1%

3 Yr Avg Return

17.7%

5 Yr Avg Return

12.5%

Net Assets

$25.7 M

Holdings in Top 10

84.2%

52 WEEK LOW AND HIGH

$15.7
$15.48
$18.57

Expenses

OPERATING FEES

Expense Ratio 0.74%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 21.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 01/14/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$15.67

$25.7 M

2.73%

$0.43

0.74%

HACCX - Profile

Distributions

  • YTD Total Return -1.1%
  • 3 Yr Annualized Total Return 17.7%
  • 5 Yr Annualized Total Return 12.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.31%
DIVIDENDS
  • Dividend Yield 2.7%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Harbor Target Retirement 2045 Fund
  • Fund Family Name
    Harbor
  • Inception Date
    Jan 02, 2009
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Herbert

Fund Description

The Fund invests in the Institutional Class shares of other Harbor mutual funds according to an asset allocation strategy designed for investors planning to retire and leave the workforce in or within a few years of 2045 (the target year) and assumes a retirement age of 65. The Fund is designed for an investor who plans to withdraw the value of an account in the Fund gradually over a period of many years during retirement. This Fund may not be appropriate for an investor who plans to retire in or within a few years of the target year, but at an age well before or after age 65. The Fund follows a glide path that adjusts the combination of underlying funds to become more conservative over time, meaning that the percentage of assets providing exposure to stocks will decrease while the percentage of assets providing exposure to fixed income securities will increase. Within 5 years after 2045, the Fund’s asset allocation should become similar to that of Harbor Target Retirement Income Fund. The Fund’s current target allocations are:Equity72%Fixed Income28%Money Market0%See “Additional Information about the Funds’ Investments” section of this prospectus for further details regarding the Fund’s target allocations and glide path.While the Fund gradually decreases its exposure to equity holdings and becomes increasingly conservative over time, the Fund’s actual asset allocation may differ from the current target asset allocation, at times significantly, over the course of the year. The Adviser regularly reviews the Fund’s allocations to determine whether rebalancing is appropriate. The Adviser may adjust the selection and weightings of the underlying Harbor funds due to a variety of factors, such as whether the underlying Harbor funds are accepting additional investments, whether a particular underlying Harbor fund is closed, merged or liquidated, or whether the Adviser launches a new underlying Harbor fund. Although the Adviser does not intend to trade actively among the underlying Harbor funds or seek to capture short-term market opportunities, the Adviser may also adjust the Fund’s asset allocation in response to changing market conditions or for other reasons determined by the Adviser to be in the best interests of the Fund’s shareholders. See the “Asset Allocation Framework” section of this prospectus for further details on the Fund’s asset allocation.The Fund’s indirect stock holdings consist of a diversified mix of large-, mid-, and small-cap U.S. stocks, foreign stocks, including those of companies located in emerging market countries, and employ various investment styles including growth and value.The Fund’s indirect bond holdings are a diversified mix of short-, intermediate-, and long-term investment-grade, taxable U.S. government, U.S. agency, and corporate bonds; inflation-indexed bonds issued by the U.S. and non-U.S. governments, their agencies or instrumentalities, and corporations; below investment-grade, high-risk, corporate bonds, (commonly referred to as “junk bonds”); mortgage- and asset-backed securities; emerging markets debt; and derivative instruments that provide exposure to such securities.See “Descriptions of the Underlying Harbor Funds” section of this prospectus for further details regarding the underlying Harbor funds in which the Fund invests.
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HACCX - Performance

Return Ranking - Trailing

Period HACCX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.1% -5.2% -1.1% 0.42%
1 Yr 10.1% 10.1% 20.6% 100.00%
3 Yr 17.7%* 15.2% 20.5% 81.61%
5 Yr 12.5%* 10.6% 15.0% 75.26%
10 Yr 10.9%* 9.4% 13.3% 75.00%

* Annualized

Return Ranking - Calendar

Period HACCX Return Category Return Low Category Return High Rank in Category (%)
2023 -3.6% -5.4% 18.7% 95.15%
2022 11.2% 1.7% 15.5% 54.42%
2021 13.8% 5.3% 23.0% 71.43%
2020 -15.3% -27.7% -6.9% 59.06%
2019 17.3% -18.3% 20.0% 33.75%

Total Return Ranking - Trailing

Period HACCX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.1% -5.2% -1.1% 0.42%
1 Yr 10.1% 5.6% 20.6% 95.83%
3 Yr 17.7%* 12.9% 20.5% 75.61%
5 Yr 12.5%* 9.3% 15.0% 69.44%
10 Yr 10.9%* 9.4% 13.3% 71.31%

* Annualized

Total Return Ranking - Calendar

Period HACCX Return Category Return Low Category Return High Rank in Category (%)
2023 -3.6% -5.4% 18.7% 95.15%
2022 11.2% 1.7% 15.5% 54.42%
2021 13.8% 5.3% 23.0% 71.43%
2020 -6.7% -23.9% -5.5% 4.09%
2019 20.9% -18.3% 26.2% 26.88%

NAV & Total Return History


HACCX - Holdings

Concentration Analysis

HACCX Category Low Category High HACCX % Rank
Net Assets 25.7 M 555 K 45 B 83.82%
Number of Holdings 15 2 543 63.49%
Net Assets in Top 10 19.9 M 399 K 44.5 B 83.82%
Weighting of Top 10 84.18% 38.5% 100.0% 58.57%

Top 10 Holdings

  1. Harbor Bond Institutional 10.80%
  2. Harbor Large Cap Value Instl 10.58%
  3. Harbor High-Yield Bond Instl 9.83%
  4. Harbor Diversified Intl All Cp Instl 9.17%
  5. Harbor International Institutional 9.14%
  6. Harbor International Growth Instl 8.97%
  7. Harbor Core Bond Institutional 7.38%
  8. Harbor Mid Cap Value Instl 7.00%
  9. Harbor Capital Appreciation Instl 5.99%
  10. Harbor Small Cap Value Instl 5.30%

Asset Allocation

Weighting Return Low Return High HACCX % Rank
Stocks
70.86% 4.18% 97.10% 94.19%
Bonds
25.53% -41.19% 69.90% 3.73%
Cash
2.63% -2.49% 62.67% 58.09%
Convertible Bonds
0.88% 0.00% 1.38% 1.24%
Preferred Stocks
0.10% 0.00% 0.34% 30.29%
Other
0.00% -0.16% 19.97% 93.78%

Stock Sector Breakdown

Weighting Return Low Return High HACCX % Rank
Technology
17.65% 0.02% 25.44% 94.19%
Financial Services
15.10% 0.00% 18.47% 42.32%
Consumer Cyclical
15.06% 0.00% 15.06% 0.41%
Industrials
14.60% 0.00% 14.60% 0.41%
Healthcare
13.00% 0.00% 14.83% 31.54%
Communication Services
7.51% 0.81% 11.43% 78.84%
Consumer Defense
7.15% 0.00% 10.30% 7.05%
Basic Materials
4.59% 0.00% 5.43% 26.97%
Real Estate
2.98% 1.76% 99.17% 68.05%
Energy
1.98% 0.00% 4.97% 98.76%
Utilities
0.38% 0.00% 6.89% 99.17%

Stock Geographic Breakdown

Weighting Return Low Return High HACCX % Rank
US
40.17% 4.18% 68.86% 94.61%
Non US
30.69% 0.00% 45.79% 54.36%

Bond Sector Breakdown

Weighting Return Low Return High HACCX % Rank
Corporate
46.78% 2.28% 61.48% 9.13%
Securitized
22.34% 0.00% 28.86% 15.35%
Government
21.29% 0.00% 65.31% 73.86%
Cash & Equivalents
8.23% 3.05% 71.40% 92.12%
Municipal
0.69% 0.00% 28.19% 12.03%
Derivative
0.67% 0.00% 36.49% 31.12%

Bond Geographic Breakdown

Weighting Return Low Return High HACCX % Rank
US
21.29% -42.69% 49.01% 2.90%
Non US
4.24% 0.02% 20.89% 6.22%

HACCX - Expenses

Operational Fees

HACCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.74% 0.06% 1.87% 36.25%
Management Fee 0.00% 0.00% 0.89% 13.45%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

HACCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

HACCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HACCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.00% 0.40% 115.00% 47.96%

HACCX - Distributions

Dividend Yield Analysis

HACCX Category Low Category High HACCX % Rank
Dividend Yield 2.73% 0.00% 3.19% 55.19%

Dividend Distribution Analysis

HACCX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

HACCX Category Low Category High HACCX % Rank
Net Income Ratio 1.31% -0.42% 4.27% 36.07%

Capital Gain Distribution Analysis

HACCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

HACCX - Fund Manager Analysis

Managers

Paul Herbert


Start Date

Tenure

Tenure Rank

Jan 02, 2009

13.0

13.0%

Managing Director (since 2014) and Vice President of Investments (2008-2013), Harbor Capital Advisors, Inc.

Spenser Lerner


Start Date

Tenure

Tenure Rank

May 20, 2021

0.62

0.6%

Mr. Lerner joined Harbor Capital in 2020 and is the Head of Multi-Asset Solutions, a Managing Director and a Portfolio Manager. Prior to joining Harbor Capital, Mr. Lerner was a Vice President of Equity and Quantitative Investment Research and Equity Manager Research for JP Morgan Asset Management. Before that, he worked as a Research, Portfolio Management and Quantitative Investment Strategy Associate for JP Morgan Asset Management. Mr. Lerner began his investment career in 2009.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 17.18 5.3 2.0