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Harbor Mid Cap Fund
mutual fund
HMCNX
Payout Change
Pending
Price as of:
$12.44
-0.23
-1.82%
primary theme
U.S. Mid-Cap Blend Equity
share class
HMCNX (Mutual Fund)
Harbor Mid Cap Fund
Payout Change
Pending
Price as of:
$12.44
-0.23
-1.82%
primary theme
U.S. Mid-Cap Blend Equity
share class
HMCNX (Mutual Fund)
Harbor Mid Cap Fund
Payout Change
Pending
Price as of:
$12.44
-0.23
-1.82%
primary theme
U.S. Mid-Cap Blend Equity
share class
Name
As of 09/21/2023Price
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
3.8%
1 yr return
10.0%
3 Yr Avg Return
10.8%
5 Yr Avg Return
N/A
Net Assets
$103 M
Holdings in Top 10
23.3%
52 WEEK LOW AND HIGH
$12.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.36%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/21/2023Price
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
HMCNX - Profile
Distributions
- YTD Total Return 3.8%
- 3 Yr Annualized Total Return 10.8%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.06%
- Dividend Yield 0.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameHarbor Mid Cap Fund
-
Fund Family NameHarbor
-
Inception DateJan 12, 2019
-
Shares OutstandingN/A
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPaul Viera
Fund Description
The Fund invests primarily in equity securities, principally common and preferred stocks, of U.S. mid cap companies. Under normal market conditions, the Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in securities of mid cap companies.The Fund defines mid cap companies as those with market capitalizations that fall within the range of the Russell Midcap®Index, provided that if the upper end of the capitalization range of that Index falls below $15 billion, the Fund will continue to define those companies with market capitalizations between the upper end of the range of the Index and $15 billion as mid cap companies. As of December 31, 2022, the range of the Index was $306 million to $53 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 Subadvisorbelieves 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 50 to 70 companies.
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HMCNX - Performance
Return Ranking - Trailing
| Period | HMCNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.8% | -46.7% | 20.9% | 39.53% |
| 1 Yr | 10.0% | -50.0% | 16.0% | 74.61% |
| 3 Yr | 10.8%* | -23.1% | 18.6% | 80.27% |
| 5 Yr | N/A* | -15.6% | 10.6% | N/A |
| 10 Yr | N/A* | -9.1% | 9.9% | N/A |
* Annualized
Return Ranking - Calendar
| Period | HMCNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -19.8% | -52.6% | 20.1% | 51.44% |
| 2021 | 21.9% | -43.8% | 32.4% | 19.52% |
| 2020 | 18.5% | -10.6% | 82.1% | 13.89% |
| 2019 | N/A | -10.1% | 37.5% | N/A |
| 2018 | N/A | -44.3% | -0.9% | N/A |
Total Return Ranking - Trailing
| Period | HMCNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.8% | -46.4% | 20.9% | 39.53% |
| 1 Yr | 10.0% | -49.7% | 17.0% | 74.61% |
| 3 Yr | 10.8%* | -12.4% | 24.0% | 80.27% |
| 5 Yr | N/A* | -7.9% | 12.5% | N/A |
| 10 Yr | N/A* | 1.8% | 11.9% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | HMCNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -15.0% | -45.7% | 21.1% | 65.09% |
| 2021 | 26.4% | -3.9% | 52.8% | 60.96% |
| 2020 | 18.5% | -8.4% | 84.3% | 32.78% |
| 2019 | N/A | 1.0% | 43.4% | N/A |
| 2018 | N/A | -34.2% | 0.1% | N/A |
NAV & Total Return History
HMCNX - Holdings
Concentration Analysis
| HMCNX | Category Low | Category High | HMCNX % Rank | |
|---|---|---|---|---|
| Net Assets | 103 M | 25.2 K | 75.6 B | 78.52% |
| Number of Holdings | 60 | 1 | 2445 | 69.31% |
| Net Assets in Top 10 | 21 M | 36.9 K | 10.8 B | 78.52% |
| Weighting of Top 10 | 23.34% | 2.9% | 100.0% | 42.82% |
Top 10 Holdings
- Republic Services Inc 2.97%
- Darden Restaurants Inc 2.39%
- Synopsys Inc 2.36%
- CBRE Group Inc 2.35%
- RenaissanceRe Holdings Ltd 2.33%
- ANSYS Inc 2.26%
- Masco Corp 2.24%
- Keysight Technologies Inc 2.22%
- Agilent Technologies Inc 2.12%
- Progressive Corp/The 2.10%
Asset Allocation
| Weighting | Return Low | Return High | HMCNX % Rank | |
|---|---|---|---|---|
| Stocks | 97.81% | 0.00% | 100.57% | 60.10% |
| Cash | 2.19% | -2.51% | 100.00% | 45.78% |
| Preferred Stocks | 0.00% | 0.00% | 21.68% | 45.27% |
| Other | 0.00% | -1.04% | 36.11% | 57.54% |
| Convertible Bonds | 0.00% | 0.00% | 1.78% | 45.52% |
| Bonds | 0.00% | 0.00% | 6.81% | 51.15% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | HMCNX % Rank | |
|---|---|---|---|---|
| Technology | 23.96% | 0.00% | 40.65% | 7.69% |
| Industrials | 21.42% | 0.00% | 45.89% | 11.54% |
| Financial Services | 15.20% | 0.00% | 46.10% | 30.51% |
| Healthcare | 8.97% | 0.00% | 24.06% | 73.08% |
| Consumer Cyclical | 8.58% | 2.49% | 46.48% | 78.97% |
| Real Estate | 7.32% | 0.00% | 25.82% | 53.85% |
| Energy | 5.42% | 0.00% | 58.13% | 44.62% |
| Basic Materials | 4.67% | 0.00% | 16.35% | 67.95% |
| Communication Services | 1.67% | 0.00% | 30.98% | 62.82% |
| Utilities | 1.40% | 0.00% | 18.97% | 78.21% |
| Consumer Defense | 1.39% | 0.00% | 32.18% | 93.85% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | HMCNX % Rank | |
|---|---|---|---|---|
| US | 97.81% | 0.00% | 100.04% | 53.45% |
| Non US | 0.00% | 0.00% | 27.19% | 52.94% |
HMCNX - Expenses
Operational Fees
| HMCNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.36% | 0.03% | 33.98% | 27.65% |
| Management Fee | 0.75% | 0.00% | 1.50% | 69.92% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 46.32% |
| Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
| HMCNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| HMCNX 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.
| HMCNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 11.00% | 0.00% | 321.00% | 4.89% |
HMCNX - Distributions
Dividend Yield Analysis
| HMCNX | Category Low | Category High | HMCNX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.09% | 0.00% | 3.43% | 61.38% |
Dividend Distribution Analysis
| HMCNX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| HMCNX | Category Low | Category High | HMCNX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.06% | -2.06% | 3.38% | 72.24% |
Capital Gain Distribution Analysis
| HMCNX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
HMCNX - Fund Manager Analysis
Managers
Paul Viera
Start Date
Tenure
Tenure Rank
Dec 02, 2019
2.5
2.5%
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 |
|---|---|---|---|
| 0.25 | 38.44 | 7.32 | 5.78 |
