Harbor Logo in white color

Harbor Mid Cap Fund (HMCLX)

Overview
Performance
Holdings
Investment Team
Documents
chevron

Locate Your Harbor Consultant

INSTITUTIONAL INVESTORS ONLY: Please enter your zip code to locate an Investment Consultant.

Class

Overview

Investment Team
Earnest Partners

Current Price

Current Price

As of 6/2/2023

$12.50

Price (NAV)

$0.27

NAV Daily Change ($)

2.21%

NAV Daily Change (%)

4.08%

NAV YTD Return

Fund Facts

As of 5/31/2023

12/1/2019

Inception Date

0.88

Net Expense Ratio
disclaimer

1.00

Gross Expense Ratio

$22.773

Total Net Assets (million)
As of 5/31/2023

HMCLX

Ticker

2046

Fund Number

Institutional Class

Share Class

Top Ten Holdings

As of 3/31/2023

Company Name [Ticker]

% of Net Assets

Republic Services Inc.[RSG]

2.8

Keysight Technologies Inc[KEYS]

2.5

Synopsys Inc.[SNPS]

2.4

Darden Restaurants Inc.[DRI]

2.4

ANSYS Inc.[ANSS]

2.4

CBRE Group Inc. Class A[CBRE]

2.2

Progressive Corporation[PGR]

2.2

Agilent Technologies Inc.[A]

2.2

RenaissanceRe Holdings Ltd.[RNR]

2.1

Sensata Technologies Holding PLC[ST]

2.1

% of Total Holdings:

23.3%

left quote

“Better judgement borne of deep hands-on experience in a variety of industries allows us to see what others may miss.”

Paul Viera

CEO and Partner, Earnest Partners LLC

right quote

Performance

Total Returns

Month-End

Fund Name

3 Mo.

YTD Return

1 Yr.

3 Yr.

Since Inception

Net Expense Ratio

Gross Expense Ratio

Mid Cap Fund

-5.91%

0.83%

-8.11%

10.09%

7.35%

0.88%disclaimer

1.00%

Russell Midcap® Index

-4.79%

0.61%

-4.51%

10.19%

5.89%

--

--

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 harborcapital.com or by calling 800-422-1050.

The Russell Midcap® Index is an unmanaged index generally representative of the U.S. market for medium capitalization stocks. This unmanaged index does not reflect fees and expenses and is not available for direct investment. The Russell Midcap® Index and Russell® are trademarks of Frank Russell Company.

Price History

Chart

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

12/16/2022

12/19/2022

12/19/2022

0.00000

0.05604

0.33994

0.10228

0.00000

0.23766

0.39598

0.00000

11.84

12/17/2021

12/20/2021

12/20/2021

0.00000

0.03814

0.26695

0.07293

0.00000

0.19402

0.30509

0.00000

14.21

12/16/2020

12/17/2020

12/17/2020

0.00000

0.02341

0.00000

0.00000

0.00000

0.00000

0.02341

0.00000

12.14

12/13/2019

12/16/2019

12/16/2019

0.00000

0.00532

0.00000

0.00000

0.00000

0.00000

0.00532

0.00000

10.27

Holdings

Portfolio Characteristics

As of 3/31/2023

61

Number of Holdings

24061.8

Wtd Avg Market Cap ($Mil)

2.98

Price/Book Ratio

21.3

Adjusted Trailing P/E Ratio

16

% EPS Growth - Past 3 Yr

13.9

Return on Equity (%)

17.4

Forecasted P/E Ratio

Top Ten Holdings

As of 3/31/2023

Company Name [Ticker]

% of Net Assets

Republic Services Inc.[RSG]

2.8

Keysight Technologies Inc[KEYS]

2.5

Synopsys Inc.[SNPS]

2.4

Darden Restaurants Inc.[DRI]

2.4

ANSYS Inc.[ANSS]

2.4

CBRE Group Inc. Class A[CBRE]

2.2

Progressive Corporation[PGR]

2.2

Agilent Technologies Inc.[A]

2.2

RenaissanceRe Holdings Ltd.[RNR]

2.1

Sensata Technologies Holding PLC[ST]

2.1

% of Total Holdings:

23.3%

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

As of 3/31/2023

Company Name [Ticker]

Country

Shares (000's)

Current Price ($)

Market Value ($000's)

% of Net Assets

Republic Services Inc. [RSG]

19

135.22

2,516

2.8

Keysight Technologies Inc [KEYS]

14

161.48

2,250

2.5

Synopsys Inc. [SNPS]

6

386.25

2,227

2.4

Darden Restaurants Inc. [DRI]

14

155.16

2,217

2.4

ANSYS Inc. [ANSS]

7

332.80

2,175

2.4

CBRE Group Inc. Class A [CBRE]

28

72.81

2,024

2.2

Progressive Corporation [PGR]

14

143.06

1,997

2.2

Agilent Technologies Inc. [A]

14

138.34

1,963

2.2

RenaissanceRe Holdings Ltd. [RNR]

10

200.34

1,957

2.1

Sensata Technologies Holding PLC [ST]

39

50.02

1,948

2.1

Masco Corporation [MAS]

38

49.72

1,892

2.1

Entegris Inc. [ENTG]

22

82.01

1,823

2.0

Hexcel Corporation [HXL]

26

68.25

1,791

2.0

Intercontinental Exchange Inc. [ICE]

17

104.29

1,765

1.9

Raymond James Financial Inc. [RJF]

19

93.27

1,748

1.9

Skyworks Solutions Inc. [SWKS]

15

117.98

1,732

1.9

Activision Blizzard Inc. [ATVI]

20

85.59

1,718

1.9

Reinsurance Group of America Incorporated [RGA]

13

132.76

1,720

1.9

Albemarle Corporation [ALB]

8

221.04

1,708

1.9

Bio-Rad Laboratories Inc. Class A [BIO]

3

479.02

1,666

1.8

Catalent Inc [CTLT]

25

65.71

1,664

1.8

Snap-on Incorporated [SNA]

7

246.89

1,660

1.8

D.R. Horton Inc. [DHI]

17

97.69

1,626

1.8

Scotts Miracle-Gro Company Class A [SMG]

23

69.74

1,600

1.8

Coterra Energy Inc. [CTRA]

64

24.54

1,580

1.7

Arrow Electronics Inc. [ARW]

13

124.87

1,577

1.7

General Dynamics Corporation [GD]

7

228.21

1,550

1.7

Americold Realty Trust Inc. [COLD]

54

28.45

1,537

1.7

Stifel Financial Corp. [SF]

25

59.09

1,498

1.6

Woodward Inc. [WWD]

15

97.37

1,487

1.6

Air Lease Corporation Class A [AL]

38

39.37

1,486

1.6

Houlihan Lokey Inc. Class A [HLI]

17

87.49

1,479

1.6

Spirit AeroSystems Holdings Inc. Class A [SPR]

43

34.53

1,482

1.6

Cummins Inc. [CMI]

6

238.88

1,411

1.5

Global Payments Inc. [GPN]

13

105.24

1,378

1.5

AmerisourceBergen Corporation [ABC]

9

160.11

1,364

1.5

Dover Corporation [DOV]

9

151.94

1,344

1.5

CSX Corporation [CSX]

44

29.94

1,325

1.5

Syneos Health Inc. Class A [SYNH]

37

35.62

1,320

1.4

Sealed Air Corporation [SEE]

28

45.91

1,305

1.4

WEC Energy Group Inc [WEC]

14

94.79

1,283

1.4

Applied Materials Inc. [AMAT]

10

122.83

1,270

1.4

Sysco Corporation [SYY]

16

77.23

1,266

1.4

Broadridge Financial Solutions Inc. [BR]

9

146.57

1,252

1.4

GATX Corporation [GATX]

11

110.02

1,248

1.4

Black Knight Inc. [BKI]

21

57.56

1,220

1.3

DENTSPLY SIRONA Inc. [XRAY]

30

39.28

1,194

1.3

Akamai Technologies Inc. [AKAM]

15

78.30

1,194

1.3

KeyCorp [KEY]

93

12.52

1,162

1.3

Laboratory Corporation of America Holdings [LH]

5

229.42

1,125

1.2

SBA Communications Corp. Class A [SBAC]

4

261.07

1,127

1.2

Packaging Corporation of America [PKG]

8

138.83

1,108

1.2

Lumentum Holdings Inc. [LITE]

19

54.01

1,044

1.1

ChampionX Corporation [CHX]

35

27.13

958

1.1

Stericycle Inc. [SRCL]

21

43.61

900

1.0

Boston Properties Inc. [BXP]

16

54.12

882

1.0

Eastman Chemical Company [EMN]

10

84.34

870

1.0

Murphy Oil Corporation [MUR]

23

36.98

854

0.9

Helmerich & Payne Inc. [HP]

22

35.75

785

0.9

TJX Companies Inc [TJX]

9

78.36

693

0.8

Total

--

--

--

89,947

98.5

Cash and Other Assets Less Liabilities

--

--

--

--

1.5

Total Net Assets

--

--

--

--

100%

As of 3/31/2023

Mid Cap Fund (HMCRX)

Russell Midcap® Index

-

Industrials

HMCRX: 25.5%

Benchmark: 17.2%

-

Information Technology

HMCRX: 18.0%

Benchmark: 15.0%

-

Financials

HMCRX: 16.1%

Benchmark: 13.2%

-

Health Care

HMCRX: 11.3%

Benchmark: 11.0%

-

Materials

HMCRX: 7.2%

Benchmark: 6.3%

-

Real Estate

HMCRX: 6.1%

Benchmark: 7.3%

-

Consumer Discretionary

HMCRX: 5.0%

Benchmark: 12.0%

-

Energy

HMCRX: 4.6%

Benchmark: 4.7%

-

Communication Services

HMCRX: 1.9%

Benchmark: 3.7%

-

Utilities

HMCRX: 1.4%

Benchmark: 5.8%

-

Consumer Staples

HMCRX: 1.4%

Benchmark: 4.0%

HMCRX: Mid Cap Fund

Benchmark: Russell Midcap® Index

As of 3/31/2023

Economic Sector

Mid Cap Fund %

Russell Midcap® Index %

Information Technology

Economic sector icon

13.7

14.5

Communication Services

Economic sector icon

11.8

15.4

Consumer Discretionary

Economic sector icon

9.5

8.2

Materials

Economic sector icon

9.1

4.1

Health Care

Economic sector icon

6.9

3.4

Industrials

Economic sector icon

5.8

7.7

Utilities

Economic sector icon

1.9

-1.7

Consumer Staples

Economic sector icon

1.7

3.3

Financials

Economic sector icon

-1.7

-6.3

Real Estate

Economic sector icon

-6.3

0.4

Energy

Economic sector icon

-9.7

-7.9

Investment Team


Earnest Partners

EARNEST Partners LLC manages assets for clients around the world, including corporate pension plans, state and municipal pension plans, jointly-trusteed plans, foundations and endowments. They also manage portfolios for high net worth individuals through the platforms of some of the largest broker dealers in the world. EARNEST Partners is a fundamental, bottom-up investor; their investment decisions focus on the merits of individual securities. 

The firm believes the best investment decisions are thoughtfully distilled from a pool of expertise, and they are pleased to offer their clients a team with the experience and the network to assess the relevant geopolitical issues, demographic trends and cultural considerations impacting their investments. They believe that identifying the most attractive investment opportunities takes a global focus.

Documents

Name

Date

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.

As a result of changing market conditions, total net asset levels, expenses and other factors may change at any time during the current fiscal period and may differ from those shown.

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. Stocks of mid cap companies pose special risks, including possible illiquidity and greater price volatility than stocks of larger, more established companies.

Weighted Average Market Capitalization: The average size of the companies in a portfolio or index as measured by the market value of outstanding shares.

Price/Book: The price-to-book (P/B) ratio evaluates a firm's market value relative to its book value.

Adjusted Trailing P/E Ratio: The Adjusted Trailing P/E (Price/Earnings) Ratio is the closing stock price divided by the sum of the last 12 months actual EPS.

% EPS Growth – Past 3 year: Earnings per share refers to the bottom-line measure of a company’s profitability defined as net income divided by the number of outstanding shares.

Return on Equity: Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity.

Forecasted P/E Ratio: a measure of the P/E (price-to-earnings) ratio using forecasted earnings for the P/E calculation.

2643822 

Blue Background

Connect with us | LinkedIn Logo Icon

Harbor Funds Distributors, Inc. is the Distributor of the Harbor Mutual Funds.
Foreside Fund Services, LLC is the Distributor of the Harbor ETFs.
FINRA Brokercheck logo in white color

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 © 2023 Harbor Capital Advisors, Inc. All rights reserved.