Harbor Small Cap Value Fund
Fund
HNVRX
Price as of:
$42.97
+ $0.42
+ 0.99%
Primary Theme
fund company
Name
As of 12/24/2024Price
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
Vitals
YTD Return
12.2%
1 yr return
11.6%
3 Yr Avg Return
5.9%
5 Yr Avg Return
8.6%
Net Assets
$2.42 B
Holdings in Top 10
26.9%
52 WEEK LOW AND HIGH
$42.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.80%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 17.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
$1,000,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
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
HNVRX - Profile
Distributions
- YTD Total Return 12.2%
- 3 Yr Annualized Total Return 5.9%
- 5 Yr Annualized Total Return 8.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.27%
- Dividend Yield 0.7%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameHarbor Small Cap Value Fund
-
Fund Family NameHarbor
-
Inception DateMar 01, 2016
-
Shares OutstandingN/A
-
Share ClassR
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPaul Viera
Fund Description
The Fund invests primarily in equity securities, principally common and preferred stocks, of small cap companies. Under normal market conditions, the Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in securities of small cap companies.The Fund defines small cap companies as those with market capitalizations that fall within the range of the Russell 2000® Index, provided that if the upper end of the capitalization range of that Index falls below $2.5 billion, the Fund will continue to define those companies with market capitalizations between the upper end of the range of the Index and $2.5 billion as small cap companies. As of December 31, 2023, the range of the Index was $17 million to $15.15 billion, but it is expected to change frequently.The Subadvisor employs a disciplined investment approach that seeks to identify companies that, in the Subadvisor’s view, demonstrate strong business fundamentals and earnings prospects that are not fully captured in the companies’ current market valuations. The Subadvisor uses a bottom-up investment process, employing fundamental and qualitative criteria to identify individual companies for potential investment in the Fund’s portfolio. As part of its investment process, the Subadvisor considers environmental, social and governance (“ESG”) factors that it believes may have a material impact on an issuer and the value of its securities. As a result, the key ESG considerations may vary depending on the industry, sector, geographic region or other factors and the core business of each issuer. The Subadvisor employs statistical analysis, which is designed to limit certain risks in the Fund’s portfolio versus the Fund’s benchmark. The Fund’s sector weightings are a result of, and secondary to, individual stock selections.The Subadvisor may sell a stock if one of the following situations arises:■The company executes according to the Subadvisor’s investment thesis and the market recognizes it in the stock’s valuation;■The investment process identifies a company the Subadvisor believes has superior return and risk characteristics. In this situation, the more attractive stock would force them to sell the less attractive stock so that they continue to own only their best investment ideas; or■The company’s prospects deteriorate as a result of poor business plan execution, new competitors, management changes, a souring business environment or other adverse effects.The Fund expects to invest in approximately 55 to 70 companies.
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HNVRX - Performance
Return Ranking - Trailing
| Period | HNVRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.2% | -7.8% | 33.6% | 38.48% |
| 1 Yr | 11.6% | -7.9% | 32.6% | 39.81% |
| 3 Yr | 5.9%* | -13.3% | 40.5% | 11.75% |
| 5 Yr | 8.6%* | -13.3% | 31.2% | 41.57% |
| 10 Yr | N/A* | -3.4% | 12.6% | 11.07% |
* Annualized
Return Ranking - Calendar
| Period | HNVRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.6% | -19.9% | 29.0% | 82.98% |
| 2022 | -15.8% | -59.3% | 118.2% | 14.42% |
| 2021 | 8.2% | -31.6% | 39.3% | 59.57% |
| 2020 | 12.7% | -51.0% | 39.5% | 40.68% |
| 2019 | 27.2% | -5.6% | 37.8% | 6.90% |
Total Return Ranking - Trailing
| Period | HNVRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.2% | -7.8% | 33.6% | 38.48% |
| 1 Yr | 11.6% | -7.9% | 32.6% | 39.81% |
| 3 Yr | 5.9%* | -13.3% | 40.5% | 11.75% |
| 5 Yr | 8.6%* | -13.3% | 31.2% | 41.57% |
| 10 Yr | N/A* | -3.4% | 12.6% | 10.88% |
* Annualized
Total Return Ranking - Calendar
| Period | HNVRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.2% | -11.7% | 31.8% | 66.16% |
| 2022 | -9.5% | -45.2% | 123.7% | 7.69% |
| 2021 | 14.8% | 0.0% | 45.6% | 88.87% |
| 2020 | 13.2% | -50.5% | 46.9% | 46.49% |
| 2019 | 29.1% | 2.2% | 40.9% | 11.72% |
NAV & Total Return History
HNVRX - Holdings
Concentration Analysis
| HNVRX | Category Low | Category High | HNVRX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.42 B | 555 K | 167 B | 15.02% |
| Number of Holdings | 57 | 2 | 2445 | 89.73% |
| Net Assets in Top 10 | 705 M | 124 K | 10.3 B | 9.13% |
| Weighting of Top 10 | 26.90% | 3.1% | 100.1% | 19.47% |
Top 10 Holdings
- Houlihan Lokey Inc 3.40%
- Parsons Corp 3.01%
- FormFactor Inc 2.92%
- Casella Waste Systems Inc 2.81%
- Reinsurance Group of America Inc 2.68%
- SPX Technologies Inc 2.53%
- Moog Inc 2.50%
- Flowserve Corp 2.41%
- Franklin Electric Co Inc 2.34%
- Integer Holdings Corp 2.30%
Asset Allocation
| Weighting | Return Low | Return High | HNVRX % Rank | |
|---|---|---|---|---|
| Stocks | 98.32% | 4.44% | 105.73% | 57.41% |
| Cash | 1.68% | 0.00% | 27.02% | 52.09% |
| Preferred Stocks | 0.00% | 0.00% | 5.13% | 10.08% |
| Other | 0.00% | -0.07% | 50.79% | 46.58% |
| Convertible Bonds | 0.00% | 0.00% | 3.17% | 8.95% |
| Bonds | 0.00% | 0.00% | 102.81% | 16.35% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | HNVRX % Rank | |
|---|---|---|---|---|
| Industrials | 24.23% | 2.46% | 37.42% | 12.12% |
| Financial Services | 20.05% | 0.00% | 35.52% | 14.04% |
| Technology | 19.84% | 0.00% | 43.95% | 10.19% |
| Healthcare | 14.08% | 0.00% | 26.53% | 43.27% |
| Consumer Cyclical | 7.59% | 0.99% | 47.79% | 89.04% |
| Real Estate | 5.06% | 0.00% | 29.43% | 72.12% |
| Consumer Defense | 3.63% | 0.00% | 18.87% | 69.23% |
| Basic Materials | 3.53% | 0.00% | 18.66% | 79.62% |
| Energy | 2.00% | 0.00% | 37.72% | 85.38% |
| Utilities | 0.00% | 0.00% | 18.58% | 90.00% |
| Communication Services | 0.00% | 0.00% | 14.85% | 92.69% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | HNVRX % Rank | |
|---|---|---|---|---|
| US | 98.32% | 2.58% | 105.73% | 48.48% |
| Non US | 0.00% | 0.00% | 97.07% | 22.62% |
HNVRX - Expenses
Operational Fees
| HNVRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.80% | 0.01% | 38.30% | 72.52% |
| Management Fee | 0.75% | 0.00% | 1.50% | 50.76% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
| HNVRX 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% | 5.00% | N/A |
Trading Fees
| HNVRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 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.
| HNVRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 17.00% | 1.00% | 314.00% | 10.38% |
HNVRX - Distributions
Dividend Yield Analysis
| HNVRX | Category Low | Category High | HNVRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.70% | 0.00% | 42.47% | 6.65% |
Dividend Distribution Analysis
| HNVRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| HNVRX | Category Low | Category High | HNVRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.27% | -2.40% | 2.49% | 41.54% |
Capital Gain Distribution Analysis
| HNVRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2024 | $0.298 | OrdinaryDividend |
| Dec 19, 2023 | $0.297 | OrdinaryDividend |
| Dec 19, 2023 | $0.115 | CapitalGainShortTerm |
| Dec 19, 2023 | $2.314 | CapitalGainLongTerm |
| Dec 19, 2022 | $2.634 | OrdinaryDividend |
| Dec 20, 2021 | $2.439 | OrdinaryDividend |
| Dec 17, 2020 | $0.195 | OrdinaryDividend |
| Dec 16, 2019 | $0.201 | OrdinaryDividend |
| Dec 16, 2019 | $0.317 | CapitalGainLongTerm |
| Dec 17, 2018 | $0.118 | CapitalGainShortTerm |
| Dec 17, 2018 | $2.831 | CapitalGainLongTerm |
| Dec 17, 2018 | $0.149 | OrdinaryDividend |
| Dec 18, 2017 | $0.687 | CapitalGainLongTerm |
| Dec 18, 2017 | $0.055 | OrdinaryDividend |
| Dec 19, 2016 | $0.129 | OrdinaryDividend |
HNVRX - Fund Manager Analysis
Managers
Paul Viera
Start Date
Tenure
Tenure Rank
Dec 14, 2001
20.47
20.5%
Paul E. Viera founded EARNEST Partners in 1998 and is the Chief Executive Officer and a Portfolio Manager. He conceived and developed Return Pattern Recognition®, the investment methodology used to screen equities at EARNEST Partners. Prior to forming EARNEST Partners he was a Global Partner at Invesco Advisers, Inc. and a senior member of its Investment Team. Mr. Viera was a Vice President at Bankers Trust in both New York and London where he joined in 1985. Paul has a BA in Economics from the University of Michigan, an MBA from the Harvard Business School.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 49.61 | 7.17 | 2.58 |