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Harbor Capital Appreciation Fund (HACAX)

Overview
Performance
Holdings
Documents
Investment Team

Overview

Current Price

as of 10/15/2021

NAV Price

$120.17

NAV Daily Change ($)

$1.11

NAV Daily Change (%)

0.93%

YTD Return

15.30%

GOLD

Morningstar Analyst Rating™

The Morningstar Analyst Rating™ is based on the covering Morningstar Analyst's conviction in the fund's ability to outperform its peer group and/or relevant benchmark on a risk-adjusted basis over the long term. Harbor offers several funds with Gold, Silver, or Bronze ratings.

Source: Morningstar

Fund Facts

Inception Date

12/29/1987

Net Expense Ratio

0.67%disclaimer

Gross Expense Ratio

0.72%

Total Net Assets (million)

as of 9/30/2021

$27,287.493

Ticker

HACAX

Fund Number

2012

Share Class

Institutional

Top Ten Holdings

as of 9/30/2021

Amazon.com, Inc. [AMZN]

6.6%

Tesla Inc [TSLA]

5.7%

Apple Inc. [AAPL]

4.8%

NVIDIA Corporation [NVDA]

4.5%

Microsoft Corporation [MSFT]

4.5%

Shopify, Inc. Class A [SHOP]

4.3%

Facebook, Inc. Class A [FB]

3.5%

Adobe Inc. [ADBE]

3.5%

Alphabet Inc. Class A [GOOGL]

3.1%

Alphabet Inc. Class C [GOOG]

2.9%

% of Total Holdings:

43.5%

GOLD

Morningstar Analyst Rating™

The Morningstar Analyst Rating™ is based on the covering Morningstar Analyst's conviction in the fund's ability to outperform its peer group and/or relevant benchmark on a risk-adjusted basis over the long term. Harbor offers several funds with Gold, Silver, or Bronze ratings.

Source: Morningstar

left quote

“Our fundamental research is what enables us to identify companies that create real economic value over time.”

right quote

Kathleen McCarragher

Managing Director & Co-Head of Growth Equity, Jennison Associates LLC

Performance

Total Returns

MONTH-END
QUARTER-END
YEAR-BY-YEAR
MONTH-BY-MONTH

Fund Name

YTD Return

3 Mo.

1 Yr.

3 Yr.

5 Yr.

10 Yr.

Since Inception

Net Expense Ratio

Gross Expense Ratio

Capital Appreciation Fund

10.12%

0.40%

24.00%

23.74%

24.61%

20.23%

13.07%

0.67%disclaimer

0.72%

Russell 1000® Growth Index

14.30%

1.16%

27.32%

22.00%

22.84%

19.68%

11.69%

--

--

S&P 500 Index

15.92%

0.58%

30.00%

15.99%

16.90%

16.63%

11.24%

--

--

Performance data shown represents past performance and is no guarantee of future results. Past performance is net of management fees and expenses and reflects reinvested dividends and distributions. Past performance reflects the beneficial effect of any expense waivers or reimbursements, without which returns would have been lower. Investment returns and principal value will fluctuate and when redeemed may be worth more or less than their original cost. Returns for periods less than one year are not annualized. Current performance may be higher or lower and is available through the most recent month end at harborfunds.com or by calling 800-422-1050.

The Russell 1000® Growth Index is an unmanaged index generally representative of the U.S. market for larger capitalization growth stocks. The Standard & Poor's 500 Index is an unmanaged index generally representative of the U.S. market for large capitalization equities. These unmanaged indices do not reflect fees and expenses and are not available for direct investment. The Russell 1000® Growth Index and Russell® are trademarks of Frank Russell Company.

Price History

CHART
TABLE

Distribution History

Record Date

Reinvest Date

Payable Date

Return of Capital Non Taxable Dist

Ordinary Income

Total Capital Gains

Short Term Capital Gains

Mid Term Capital Gains

Long Term Capital Gains

Total Distribution

Foreign Tax Credit

Reinvest Price

12/16/2020

12/17/2020

12/17/2020

0.00000

0.00000

12.76479

0.00000

0.00000

12.76479

12.76479

0.00000

104.23

12/13/2019

12/16/2019

12/16/2019

0.00000

0.05047

6.67334

0.00000

0.00000

6.67334

6.72381

0.00000

74.60

12/14/2018

12/17/2018

12/17/2018

0.00000

0.14830

6.64723

0.00000

0.00000

6.64723

6.79553

0.00000

62.24

12/15/2017

12/18/2017

12/18/2017

0.00000

0.11238

7.91505

0.00000

0.00000

7.91505

8.02743

0.00000

70.20

12/16/2016

12/19/2016

12/19/2016

0.00000

0.06091

3.48780

0.00000

0.00000

3.48780

3.54871

0.00000

57.25

12/16/2015

12/17/2015

12/17/2015

0.00000

0.04869

4.10699

0.00000

0.00000

4.10699

4.15568

0.00000

61.03

12/17/2014

12/18/2014

12/18/2014

0.00000

0.04816

3.76608

0.00000

0.00000

3.76608

3.81424

0.00000

58.74

12/16/2013

12/17/2013

12/17/2013

0.00000

0.04510

1.72906

0.00000

0.00000

1.72906

1.77416

0.00000

54.57

12/14/2012

12/17/2012

12/17/2012

0.00000

0.16944

0.00000

0.00000

0.00000

0.00000

0.16944

0.00000

42.36

12/15/2011

12/16/2011

12/16/2011

0.00000

0.04266

0.00000

0.00000

0.00000

0.00000

0.04266

0.00000

36.19

12/16/2010

12/17/2010

12/17/2010

0.00000

0.07727

0.00000

0.00000

0.00000

0.00000

0.07727

0.00000

36.66

12/17/2009

12/18/2009

12/18/2009

0.00000

0.08679

0.00000

0.00000

0.00000

0.00000

0.08679

0.00000

32.29

12/18/2008

12/19/2008

12/19/2008

0.00000

0.15639

0.00000

0.00000

0.00000

0.00000

0.15639

0.00000

23.13

12/18/2007

12/19/2007

12/19/2007

0.00000

0.12233

0.00000

0.00000

0.00000

0.00000

0.12233

0.00000

36.50

12/18/2006

12/19/2006

12/19/2006

0.00000

0.07118

0.00000

0.00000

0.00000

0.00000

0.07118

0.00000

33.65

12/19/2005

12/20/2005

12/20/2005

0.00000

0.03054

0.00000

0.00000

0.00000

0.00000

0.03054

0.00000

33.02

12/29/2004

12/30/2004

12/30/2004

0.00000

0.10973

0.00000

0.00000

0.00000

0.00000

0.10973

0.00000

28.78

12/29/2003

12/30/2003

12/30/2003

0.00000

0.04852

0.00000

0.00000

0.00000

0.00000

0.04852

0.00000

26.26

12/27/2002

12/30/2002

12/30/2002

0.00000

0.03692

0.00000

0.00000

0.00000

0.00000

0.03692

0.00000

20.19

12/26/2001

12/27/2001

12/28/2001

0.00000

0.03917

0.00000

0.00000

0.00000

0.00000

0.03917

0.00000

29.47

12/20/2000

12/21/2000

12/22/2000

0.00000

0.00000

6.17401

0.00000

0.00000

6.17401

6.17401

0.00000

34.01

12/21/1999

12/22/1999

12/23/1999

0.00000

0.00000

4.60205

0.11634

0.00000

4.48571

4.60205

0.00000

49.14

12/28/1998

12/29/1998

12/31/1998

0.00000

0.06501

2.27618

0.00000

0.00000

2.27618

2.34119

0.00000

38.25

12/24/1997

12/26/1997

12/31/1997

0.00000

0.06684

4.85048

0.85839

1.91583

2.07626

4.91732

0.00000

28.18

12/24/1996

12/26/1996

12/31/1996

0.00000

0.02107

0.85964

0.00000

0.00000

0.85964

0.88071

0.00000

26.84

12/22/1995

12/26/1995

12/29/1995

0.00000

0.02582

0.31401

0.00000

0.00000

0.31401

0.33983

0.00000

22.69

12/23/1994

12/27/1994

12/30/1994

0.00000

0.03791

0.17459

0.00000

0.00000

0.17459

0.21250

0.00000

16.75

12/23/1993

12/27/1993

12/31/1993

0.00000

0.03447

1.12874

0.00000

0.00000

1.12874

1.16321

0.00000

16.18

12/24/1992

12/28/1992

12/31/1992

0.00000

0.01968

2.03511

0.16482

0.00000

1.87029

2.05479

0.00000

15.55

12/26/1991

12/27/1991

12/31/1991

0.00000

0.04335

0.97962

0.39165

0.00000

0.58797

1.02297

0.00000

15.61

12/24/1990

12/26/1990

12/31/1990

0.00000

0.14059

0.85820

0.00000

0.00000

0.85820

0.99879

0.00000

11.11

12/21/1989

12/22/1989

12/30/1989

0.00000

0.20724

1.18225

0.28386

0.00000

0.89839

1.38949

0.00000

12.09

12/23/1988

12/27/1988

12/30/1988

0.00000

0.17814

0.38113

0.23098

0.00000

0.15015

0.55927

0.00000

10.88

Holdings

Portfolio Characteristics

as of 9/30/2021

Capital Appreciation Fund

Russell 1000® Growth Index

Number of Holdings

57

501

Wtd Avg Market Cap ($Mil)

642584.6

825319.1

Price/Book Ratio

17.91

14.93

Adjusted Trailing P/E Ratio

47.6

35

% EPS Growth - Past 3 Yr

34.8

32

Return on Equity (%)

19.55

27.44

Forecasted P/E Ratio

50

32

Proj. Earnings Growth Rate (%)

26.5

20.3

Top Ten Holdings

as of 9/30/2021

Company Name [Ticker]

% of Net Assets

Amazon.com, Inc.[AMZN]

6.6

Tesla Inc[TSLA]

5.7

Apple Inc.[AAPL]

4.8

NVIDIA Corporation[NVDA]

4.5

Microsoft Corporation[MSFT]

4.5

Shopify, Inc. Class A[SHOP]

4.3

Facebook, Inc. Class A[FB]

3.6

Adobe Inc.[ADBE]

3.5

Alphabet Inc. Class A[GOOGL]

3.1

Alphabet Inc. Class C[GOOG]

2.9

% of Total Holdings:

43.5%

This information should not be considered as a recommendation to purchase or sell a particular security. The holdings mentioned may change at any time and may not represent current or future investments.

as of 9/30/2021

Company Name [Ticker]

Country

Shares (000's)

Current Price ($)

Market Value ($000's)

% of Net Assets

Amazon.com, Inc. [AMZN]

United States

794

3,285.04

2,608,854

6.6

Tesla Inc [TSLA]

United States

2,933

775.48

2,274,384

5.7

Apple Inc. [AAPL]

United States

13,366

141.50

1,891,307

4.8

NVIDIA Corporation [NVDA]

United States

8,585

207.16

1,778,528

4.5

Microsoft Corporation [MSFT]

United States

6,289

281.92

1,773,126

4.5

Shopify, Inc. Class A [SHOP]

United States

1,243

1,355.78

1,685,504

4.3

Facebook, Inc. Class A [FB]

United States

4,138

339.39

1,404,487

3.6

Adobe Inc. [ADBE]

United States

2,392

575.72

1,377,396

3.5

Alphabet Inc. Class A [GOOGL]

United States

462

2,673.52

1,234,356

3.1

Alphabet Inc. Class C [GOOG]

United States

433

2,665.31

1,153,141

2.9

Netflix, Inc. [NFLX]

United States

1,789

610.34

1,092,041

2.8

Visa Inc. Class A [V]

United States

4,859

222.75

1,082,250

2.7

Square, Inc. Class A [SQ]

United States

3,954

239.84

948,234

2.4

salesforce.com, inc. [CRM]

United States

3,218

271.22

872,664

2.2

Snap, Inc. Class A [SNAP]

United States

11,485

73.87

848,381

2.1

Adyen NV [ADYEN]

Netherlands

300

2,798.86

841,025

2.1

PayPal Holdings, Inc. [PYPL]

United States

2,939

260.21

764,628

1.9

LVMH Moet Hennessy Louis Vuitton SE [MC]

France

1,026

718.66

737,579

1.9

Estee Lauder Companies Inc. Class A [EL]

United States

2,380

299.93

713,726

1.8

Eli Lilly and Company [LLY]

United States

2,991

231.05

691,089

1.8

Twilio, Inc. Class A [TWLO]

United States

2,073

319.05

661,273

1.7

Mastercard Incorporated Class A [MA]

United States

1,888

347.68

656,518

1.7

CrowdStrike Holdings, Inc. Class A [CRWD]

United States

2,588

245.78

636,147

1.6

Atlassian Corp. Plc Class A [TEAM]

United States

1,555

391.42

608,605

1.5

Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR [TSM]

Taiwan

5,318

111.65

593,757

1.5

Uber Technologies, Inc. [UBER]

United States

12,959

44.80

580,575

1.5

NIKE, Inc. Class B [NKE]

United States

3,840

145.23

557,708

1.4

Target Corporation [TGT]

United States

2,384

228.77

545,397

1.4

Match Group, Inc. [MTCH]

United States

3,383

156.99

531,076

1.3

MercadoLibre, Inc. [MELI]

United States

314

1,679.40

528,020

1.3

Chipotle Mexican Grill, Inc. [CMG]

United States

285

1,817.52

517,173

1.3

Costco Wholesale Corporation [COST]

United States

1,134

449.35

509,469

1.3

Lululemon Athletica Inc [LULU]

United States

1,237

404.70

500,498

1.3

Kering SA [KER]

France

671

713.91

479,255

1.2

Airbnb, Inc. Class A [ABNB]

United States

2,789

167.75

467,879

1.2

Danaher Corporation [DHR]

United States

1,411

304.44

429,713

1.1

DocuSign, Inc. [DOCU]

United States

1,646

257.43

423,698

1.1

Carvana Co. Class A [CVNA]

United States

1,369

301.54

412,943

1.0

Home Depot, Inc. [HD]

United States

1,186

328.26

389,433

1.0

S&P Global, Inc. [SPGI]

United States

749

424.89

318,420

0.8

TJX Companies Inc [TJX]

United States

4,811

65.98

317,462

0.8

Goldman Sachs Group, Inc. [GS]

United States

762

378.03

288,229

0.7

DexCom, Inc. [DXCM]

United States

518

546.86

283,387

0.7

Snowflake, Inc. Class A [SNOW]

United States

945

302.43

285,908

0.7

UnitedHealth Group Incorporated [UNH]

United States

725

390.74

283,306

0.7

Trade Desk, Inc. Class A [TTD]

United States

3,389

70.30

238,270

0.6

Marriott International, Inc. Class A [MAR]

United States

1,568

148.09

232,158

0.6

Okta, Inc. Class A [OKTA]

United States

978

237.34

232,056

0.6

HubSpot, Inc. [HUBS]

United States

311

676.09

210,282

0.5

Workday, Inc. Class A [WDAY]

United States

847

249.89

211,626

0.5

Sea Ltd. (Singapore) Sponsored ADR Class A [SE]

Singapore

646

318.73

205,828

0.5

Roblox Corp. Class A [RBLX]

United States

2,644

75.55

199,727

0.5

Intuitive Surgical, Inc. [ISRG]

United States

194

994.15

193,223

0.5

BioNTech SE Sponsored ADR [BNTX]

Germany

565

272.99

154,205

0.4

ZoomInfo Technologies, Inc. Class A [ZI]

United States

1,252

61.19

76,633

0.2

Total

--

--

--

39,532,558

99.9

Cash and Other Assets Less Liabilities

--

--

--

--

0.1

Total Net Assets

--

--

--

--

100%

as of 9/30/2021

Economic Sector

Capital Appreciation Fund %

Russell 1000® Growth Index %

Information Technology

44.9

44.3

Consumer Discretionary

26.7

18.4

Communication Services

17.0

12.7

Health Care

5.2

9.3

Consumer Staples

3.1

3.8

Financials

1.5

2.5

Industrials

1.5

5.9

Energy

0.0

0.3

Materials

0.0

1.0

Real Estate

0.0

1.7

Utilities

0.0

0.0

as of 9/30/2021

Economic Sector

Capital Appreciation Fund %

Russell 1000® Growth Index %

Health Care

4.7

3.7

Communication Services

3.0

2.1

Financials

2.2

7.3

Consumer Staples

1.6

0.4

Consumer Discretionary

1.0

0.1

Energy

0.0

1.1

Utilities

0.0

0.0

Materials

0.0

-3.0

Real Estate

0.0

-2.2

Information Technology

-0.1

1.8

Industrials

-6.9

-5.9

Forms & Resources

Fund Documents

nav icon

Capital Appreciation Fund Quarterly Report

09/23/2021
nav icon

Capital Appreciation Fund Portfolio Holdings

09/23/2021

Regulatory

nav icon

Capital Appreciation Fund Summary Prospectus

08/27/2021
nav icon

Domestic Equity Prospectus

09/28/2021
nav icon

Domestic Equity Annual Report

08/27/2021
nav icon

Domestic Equity Semi-Annual Report

08/27/2021
nav icon

Statement of Additional Information

08/27/2021
nav icon

Domestic Equity Fiscal Q3 Schedule of Holdings

09/29/2021
nav icon

Domestic Equity Fiscal Q1 Schedule of Holdings

08/27/2021

Management

Jennison Associates LLC


Jennison Associates LLC believes that sustainable alpha generation is possible through a combination of deep fundamental research, specialized investment teams comprised of highly experienced portfolio managers and research analysts, bottom-up portfolio construction, and high-conviction investing. Jennison places an equal premium on the support of deep, longstanding client relationships. Over their history, they have expanded their array of capabilities across active equity, comprising a range of style, geography and market capitalization, and fixed income.

The Capital Appreciation strategy is also available as a CIT.  For more information, call 866-313-5549.

From time to time, certain fees and/or expenses have been voluntarily or contractually waived or reimbursed, which has resulted in higher returns. Without these waivers or reimbursements, the returns would have been lower. Voluntary waivers or reimbursements may be applied or discontinued at any time without notice. Only the Board of Trustees may modify or terminate contractual fee waivers or expense reimbursements.

There is no guarantee that the investment objective of the Fund will be achieved. Stock markets are volatile and equity values can decline significantly in response to adverse issuer, political, regulatory, market and economic conditions. At times, a growth investing style may be out of favor with investors which could cause growth securities to underperform value or other equity securities. Since the Fund may hold foreign securities, it may be subject to greater risks than funds invested only in the U.S. These risks are more severe for securities of issuers in emerging market regions.

The Morningstar Analyst Rating (i) should not be used as the sole basis in evaluating a fund, (ii) involves unknown risks and uncertainties which may cause the Manager Research Group’s expectations not to occur or to differ significantly from what they expected, and (iii) should not be considered an offer or solicitation to buy or sell the fund.

The Morningstar Analyst Rating™ is not a credit or risk rating. It is a subjective evaluation performed by Morningstar’s manager research group, which consists of various Morningstar, Inc. subsidiaries (“Manager Research Group”). In the United States, that subsidiary is Morningstar Research Services LLC, which is registered with and governed by the U.S. Securities and Exchange Commission. The Manager Research Group evaluates funds based on five key pillars, which are process, performance, people, parent, and price. The Manager Research Group uses this five-pillar evaluation to determine how they believe funds are likely to perform relative to a benchmark over the long term on a risk adjusted basis. They consider quantitative and qualitative factors in their research. For actively managed strategies, people and process each receive a 45% weighting in their analysis, while parent receives a 10% weighting. For passive strategies, process receives an 80% weighting, while people and parent each receive a 10% weighting. For both active and passive strategies, performance has no explicit weight as it is incorporated into the analysis of people and process; price at the share-class level (where applicable) is directly subtracted from an expected gross alpha estimate derived from the analysis of the other pillars. The impact of the weighted pillar scores for people, process and parent on the final Analyst Rating is further modified by a measure of the dispersion of historical alphas among relevant peers. For certain peer groups where standard benchmarking is not applicable, primarily peer groups of funds using alternative investment strategies, the modification by alpha dispersion is not used. The Analyst Rating scale is Gold, Silver, Bronze, Neutral, and Negative. For active funds, a Morningstar Analyst Rating of Gold, Silver, or Bronze reflects the Manager Research Group’s expectation that an active fund will be able to deliver positive alpha net of fees relative to the standard benchmark index assigned to the Morningstar category. The level of the rating relates to the level of expected positive net alpha relative to Morningstar category peers for active funds. For passive funds, a Morningstar Analyst Rating of Gold, Silver, or Bronze reflects the Manager Research Group’s expectation that a fund will be able to deliver a higher alpha net of fees than the lesser of the relevant Morningstar category median or 0. The level of the rating relates to the level of expected net alpha relative to Morningstar category peers for passive funds. For certain peer groups where standard benchmarking is not applicable, primarily peer groups of funds using alternative investment strategies, a Morningstar Analyst Rating of Gold, Silver, or Bronze reflects the Manager Research Group’s expectation that a fund will deliver a weighted pillar score above a predetermined threshold within its peer group. Analyst Ratings ultimately reflect the Manager Research Group’s overall assessment, are overseen by an Analyst Rating Committee, and are continuously monitored and reevaluated at least every 14 months. For more detailed information about Morningstar’s Analyst Rating, including its methodology, please go to https://shareholders.morningstar.com/investor-relations/governance/Compliance--Disclosure/default.aspx ©2021 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

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Investing involves risk and the potential loss of capital.

Investors should carefully consider the investment objectives, risks, charges and expenses of a fund before investing. To obtain a summary prospectus or prospectus for this and other information, click here or call 800-422-1050. Read it carefully before investing.

All trademarks or product names mentioned herein are the property of their respective owners. Copyright © 2021 Harbor Capital Advisors, Inc. All rights reserved.