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HACAX Harbor Capital Appreciation Instl

  • Fund
  • HACAX
  • Price as of: Apr 24, 2019
  • $75.13 - $0.30 - 0.40%
  • Category
  • Large Cap Growth Equities

HACAX - Profile

Vitals

  • YTD Return 21.3%
  • 3 Yr Annualized Return 9.1%
  • 5 Yr Annualized Return 6.5%
  • Net Assets $30.5 B
  • Holdings in Top 10 38.9%

52 WEEK LOW AND HIGH

$75.13
$57.41
$82.66

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.70%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 40.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$50,000

IRA

$50,000

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return 21.3%
  • 3 Yr Annualized Total Return 15.4%
  • 5 Yr Annualized Total Return 13.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.23%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Harbor Capital Appreciation Fund
  • Fund Family Name Harbor
  • Inception Date Dec 29, 1987
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States

Fund Description

Harbor Capital Appreciation Fund Institutional Class (HACAX) seeks to provide long-term growth of investor capital. The actively managed fund is a pure, large-cap growth fund. The team at HACAX seeks undervalued growth stocks by engaging in research, site visits and meetings with top management. Metrics used to determine such status include balance sheet strength and sales momentum. There is no sector mandate for the fund and it can invest in international non-U.S. stocks.

Despite its low costs and great long-term performance, the fund’s growth mandate makes HACAX strictly a tactical position. The fund is managed by Jennison Associates.

HACAX - Performance

Return Ranking - Trailing

Period HACAX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.3% -5.4% 29.2% 22.71%
1 Yr 4.6% -60.4% 26.3% 33.13%
3 Yr 9.1%* -37.7% 21.1% 31.89%
5 Yr 6.5%* -30.5% 22.2% 26.68%
10 Yr 11.7%* -11.9% 17.8% 21.91%

* Annualized


Return Ranking - Calendar

Period HACAX Return Category Return Low Category Return High Rank in Category (%)
2018 -10.8% -65.5% 5.0% 33.68%
2017 22.6% -24.8% 41.0% 26.23%
2016 -6.8% -56.6% 18.1% 80.99%
2015 3.9% -38.0% 11.4% 9.11%
2014 3.2% -52.4% 105.4% 37.63%

Total Return Ranking - Trailing

Period HACAX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.3% 0.0% 29.2% 22.71%
1 Yr 4.6% -60.4% 43.4% 57.60%
3 Yr 15.4%* -37.7% 26.9% 24.91%
5 Yr 13.1%* -30.5% 31.0% 19.79%
10 Yr 15.6%* -11.9% 19.8% 18.06%

* Annualized


Total Return Ranking - Calendar

Period HACAX Return Category Return Low Category Return High Rank in Category (%)
2018 -10.8% -65.5% 16.5% 58.79%
2017 36.7% -24.8% 48.9% 2.99%
2016 -1.1% -56.6% 26.8% 76.04%
2015 10.9% -38.0% 17.3% 3.63%
2014 10.1% -52.4% 120.7% 43.84%

NAV & Total Return History

HACAX - Holdings

Concentration Analysis

HACAX Category Low Category High HACAX % Rank
Net Assets 30.5 B 898 K 188 B 3.84%
Number of Holdings 56 6 2051 58.52%
Net Assets in Top 10 11.9 B 519 K 54.6 B 4.02%
Weighting of Top 10 38.88% 12.8% 2580.2% 49.87%

Top 10 Holdings

  1. Amazon.com Inc 6.31%

  2. Microsoft Corp 4.66%

  3. Mastercard Inc A 4.09%

  4. Salesforce.com Inc 3.79%

  5. Netflix Inc 3.70%

  6. Visa Inc Class A 3.65%

  7. Tencent Holdings Ltd 3.35%

  8. Boeing Co 3.23%

  9. Apple Inc 3.23%

  10. Alphabet Inc Class C 3.06%


Asset Allocation

Weighting Return Low Return High HACAX % Rank
Stocks
99.63% 18.46% 102.38% 28.30%
Cash
0.37% -2546.61% 57.26% 64.02%
Preferred Stocks
0.00% 0.00% 14.01% 52.14%
Other
0.00% -14.14% 43.05% 56.24%
Convertible Bonds
0.00% 0.00% 2.57% 46.03%
Bonds
0.00% 0.00% 2544.23% 47.07%

Stock Sector Breakdown

Weighting Return Low Return High HACAX % Rank
Technology
37.12% 0.00% 62.60% 13.45%
Consumer Cyclical
23.53% 0.00% 30.98% 3.32%
Healthcare
13.97% 0.00% 96.28% 67.34%
Financial Services
11.55% 0.00% 39.70% 56.16%
Industrials
7.88% 0.00% 25.15% 82.01%
Consumer Defense
3.82% 0.00% 16.35% 69.78%
Real Estate
1.00% 0.00% 6.87% 41.05%
Communication Services
0.75% 0.00% 14.48% 73.97%
Utilities
0.00% 0.00% 15.89% 64.63%
Energy
0.00% 0.00% 14.90% 62.18%
Basic Materials
0.00% 0.00% 12.25% 72.58%

Stock Geographic Breakdown

Weighting Return Low Return High HACAX % Rank
US
87.00% 6.62% 101.44% 78.17%
Non US
12.63% 0.00% 92.29% 11.09%

HACAX - Expenses

Operational Fees

HACAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.70% 0.00% 15.15% 83.49%
Management Fee 0.60% 0.00% 1.44% 40.87%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 1.02% N/A

Sales Fees

HACAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

HACAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.05% 5.00% N/A

Turnover 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.

HACAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.00% 0.00% 650.00% 48.73%

HACAX - Distributions

Dividend Yield Analysis

HACAX Category Low Category High HACAX % Rank
Dividend Yield 0.00% 0.00% 0.12% 31.97%

Dividend Distribution Analysis

HACAX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History


Net Income Ratio Analysis

HACAX Category Low Category High HACAX % Rank
Net Income Ratio 0.23% -14.30% 2.62% 36.86%

Capital Gain Distribution Analysis

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

HACAX - Managers

Tenure Analysis

Category Low

0.0

Category High

51.28

Category Average

8.62

Category Mode

7.92