HRMVX: Harbor Mid Cap Value Admin

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HRMVX Harbor Mid Cap Value Admin


Profile

HRMVX - Profile

Vitals

  • YTD Return -40.1%
  • 3 Yr Annualized Return -16.9%
  • 5 Yr Annualized Return -9.7%
  • Net Assets $356 M
  • Holdings in Top 10 14.3%

52 WEEK LOW AND HIGH

$12.92
$11.00
$22.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.13%

SALES FEES

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

BROKERAGE FEES

  • Turnover 11.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $50,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -40.1%
  • 3 Yr Annualized Total Return -15.9%
  • 5 Yr Annualized Total Return -8.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.08%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Harbor Mid Cap Value Fund
  • Fund Family Name
    Harbor
  • Inception Date
    Nov 01, 2002
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Josef Lakonishok

Fund Description

The fund invests primarily in equity securities, principally common stocks, of mid cap companies. Under normal market conditions, it invests at least 80% of its net assets, plus borrowings for investment purposes, in securities of mid cap companies. The Subadviser's active investment strategy uses a quantitative investment model to evaluate and recommend investment decisions for the fund in a bottom-up, contrarian value approach.


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Categories

Performance

HRMVX - Performance

Return Ranking - Trailing

Period HRMVX Return Category Return Low Category Return High Rank in Category (%)
YTD -40.1% -44.8% 0.2% 95.12%
1 Yr -38.4% -92.8% 27.9% 91.71%
3 Yr -16.9%* -57.9% 7.0% 87.57%
5 Yr -9.7%* -39.4% 5.8% 64.69%
10 Yr 1.5%* -18.6% 9.5% 31.22%

* Annualized

Return Ranking - Calendar

Period HRMVX Return Category Return Low Category Return High Rank in Category (%)
2019 19.3% -92.4% 35.0% 62.30%
2018 -23.9% -36.8% -7.3% 61.35%
2017 7.9% -16.5% 19.3% 44.38%
2016 15.5% -14.6% 28.1% 45.91%
2015 -8.7% -36.5% 0.2% 40.33%

Total Return Ranking - Trailing

Period HRMVX Return Category Return Low Category Return High Rank in Category (%)
YTD -40.1% -44.8% 0.2% 95.12%
1 Yr -38.4% -92.8% 20.9% 91.71%
3 Yr -15.9%* -57.7% 7.0% 90.75%
5 Yr -8.0%* -39.0% 6.4% 83.50%
10 Yr 3.1%* -18.4% 9.8% 68.78%

* Annualized

Total Return Ranking - Calendar

Period HRMVX Return Category Return Low Category Return High Rank in Category (%)
2019 19.3% -92.4% 35.0% 62.30%
2018 -23.9% -32.7% -4.1% 73.78%
2017 11.7% -3.5% 26.9% 62.31%
2016 18.7% -2.5% 29.0% 36.79%
2015 -5.9% -29.2% 5.0% 51.00%

NAV & Total Return History


Holdings

HRMVX - Holdings

Concentration Analysis

HRMVX Category Low Category High HRMVX % Rank
Net Assets 356 M 708 K 17 B 57.29%
Number of Holdings 166 3 2510 11.25%
Net Assets in Top 10 97.4 M 157 K 3.02 B 57.80%
Weighting of Top 10 14.26% 6.7% 99.9% 83.89%

Top 10 Holdings

  1. PPL Corp 1.67%
  2. Cummins Inc 1.62%
  3. Citizens Financial Group Inc 1.59%
  4. The Kroger Co 1.50%
  5. Lincoln National Corp 1.40%
  6. Ameriprise Financial Inc 1.40%
  7. Fifth Third Bancorp 1.34%
  8. ON Semiconductor Corp 1.26%
  9. Zions Bancorp NA 1.25%
  10. Eastman Chemical Co 1.24%

Asset Allocation

Weighting Return Low Return High HRMVX % Rank
Stocks
99.14% 89.25% 100.67% 21.23%
Cash
0.86% -0.09% 10.75% 79.28%
Preferred Stocks
0.00% 0.00% 0.26% 94.12%
Other
0.00% -0.58% 3.69% 92.84%
Convertible Bonds
0.00% 0.00% 0.00% 94.12%
Bonds
0.00% 0.00% 1.82% 94.12%

Stock Sector Breakdown

Weighting Return Low Return High HRMVX % Rank
Financial Services
22.20% 1.68% 30.11% 37.08%
Consumer Cyclical
16.35% 2.75% 27.77% 12.02%
Industrials
12.32% 1.93% 27.16% 65.22%
Real Estate
11.83% 0.00% 19.27% 29.41%
Technology
8.26% 0.00% 20.84% 56.01%
Healthcare
6.26% 0.00% 40.84% 71.87%
Basic Materials
5.97% 0.00% 17.04% 33.25%
Consumer Defense
5.72% 0.00% 23.89% 41.69%
Utilities
5.30% 0.00% 14.73% 65.22%
Energy
4.40% 0.00% 24.42% 62.66%
Communication Services
1.39% 0.00% 19.19% 75.19%

Stock Geographic Breakdown

Weighting Return Low Return High HRMVX % Rank
US
97.50% 81.41% 99.87% 20.97%
Non US
1.64% 0.00% 16.30% 71.61%

Expenses

HRMVX - Expenses

Operational Fees

HRMVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.13% 0.07% 27.75% 53.44%
Management Fee 0.75% 0.00% 1.25% 74.68%
12b-1 Fee 0.25% 0.00% 1.00% 60.08%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

HRMVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

HRMVX 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.

HRMVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 11.00% 6.00% 204.00% 4.70%

Distributions

HRMVX - Distributions

Dividend Yield Analysis

HRMVX Category Low Category High HRMVX % Rank
Dividend Yield 0.00% 0.00% 14.96% 94.63%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

HRMVX Category Low Category High HRMVX % Rank
Net Income Ratio 2.08% -0.89% 4.05% 4.65%

Capital Gain Distribution Analysis

HRMVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

HRMVX - Fund Manager Analysis

Managers

Josef Lakonishok


Start Date

Tenure

Tenure Rank

Sep 30, 2004

15.51

15.5%

Josef Lakonishok is a Founding Partner, CEO and CIO of LSV Asset Management. Dr. Lakonishok has more than 30 years of investment and research experience. Dr. Lakonishok was, until 2004, the William G. Karnes Professor of Finance at the College of Commerce & Business Administration at the University of Illinois at Urbana-Champaign. Before that, he held staff and visiting professorships at Tel Aviv University, Cornell University, the University of North Carolina at Chapel Hill, and the University of British Columbia. Dr. Lakonishok is one of the top contributors to major financial journals

Menno Vermeulen


Start Date

Tenure

Tenure Rank

Sep 30, 2004

15.51

15.5%

Menno Vermeulen, CFA, is a Partner, Portfolio Manager and Senior Quantitative Analyst of LSV. Mr. Vermeulen has more than 21 years of investment experience. At LSV, Mr. Vermeulen has developed and written the software for our quantitative models and portfolio management system. He leads our quantitative and implementation team, which is responsible for the day-to-day data management, portfolio implementation and ongoing enhancement of our models and systems. Mr. Vermeulen is also involved in the research process at LSV. Prior to joining LSV, he worked at ABP, the largest pension plan in Europe and one of the largest in the world. At ABP, Mr. Vermeulen was responsible for the development and implementation of quantitative active investment strategies. In this capacity, he built the database and conducted research that led to a quantitative tactical country allocation model. Mr. Vermeulen developed and wrote the PC-based software to implement, update and maintain this model. He was also the Portfolio Manager and responsible for implementing this strategy with futures. Mr. Vermeulen holds a masters degree in Econometrics from Erasmus University at Rotterdam.

Puneet Mansharamani


Start Date

Tenure

Tenure Rank

Mar 01, 2006

14.09

14.1%

Puneet Mansharamani, CFA, is a Partner, Portfolio Manager and Quantitative Analyst of LSV. Mr. Mansharamani has more than 14 years of investment experience. At LSV, Mr. Mansharamani is part of our quantitative and implementation team, which is responsible for the day-to-day data management, portfolio implementation and ongoing enhancement of our models and systems. Prior to joining LSV, Mr. Mansharamani was an Analyst at Institutional Trust National City Corporation. His responsibilities included project management, systems development and designing financial and analytical applications for the Worldwide Web. Prior to this experience, Mr. Mansharamani was a Systems Consultant for Maximations, Inc. where he was responsible for systems development and programming Mainframe and databases used to calculate revenue streams as well as executive reporting. Mr. Mansharamani was also a Systems Analyst for Case Western Reserve University. Mr. Mansharamani earned a B.S. in Engineering from Delhi University, Delhi College of Engineering in 1995 and an M.S. in Engineering at Case Western Reserve University, Case School of Engineering (2001).

Greg Sleight


Start Date

Tenure

Tenure Rank

Mar 01, 2015

5.09

5.1%

Greg Sleight is a Partner, Portfolio Manager and Quantitative Analyst of LSV. At LSV, Mr. Sleight is part of our quantitative and implementation team, which is responsible for the day-to-day data management, portfolio implementation and ongoing enhancement of our models and systems. Mr. Sleight received a B.S. in Material Science & Engineering from the University of Illinois in 2000 and an M.B.A. in Econometrics, Economics & Analytic Finance from the University of Chicago in 2006.

Guy Lakonishok


Start Date

Tenure

Tenure Rank

Mar 01, 2015

5.09

5.1%

Guy Lakonishok, CFA is a Partner, Portfolio Manager and Quantitative Analyst at LSV. Prior to joining LSV, Mr. Lakonishok was a Vice President in the Quantitative Equity group at BlackRock. His responsibilities included research, portfolio implementation, system development and performance attribution. Prior to this experience, Mr. Lakonishok was an analyst in the Quantitative Equity group at Weiss, Peck, and Greer, where he was responsible for developing portfolio analytics and assisting in the day-to-day management of the portfolios. Mr. Lakonishok received a B.S. in Applied Science with a Major in Electrical Engineering from Washington University in St. Louis in 2000. Mr. Lakonishok also received an M.B.A from the University of Chicago - Booth School of Business in 2009, graduating with honors with a dual- concentration in Analytical Finance and Accounting.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.42 7.42 8.76