NAV Price | $24.12 |
NAV Daily Change ($) | $0.18 |
NAV Daily Change (%) | 0.75% |
NAV YTD Return | -21.71% |
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. |
Inception Date | 11/1/2011 |
Net Expense Ratio | 0.71% |
Gross Expense Ratio | 0.80% |
Total Net Assets (million) as of 4/30/2022 | $71.274 |
Ticker | MVSGX |
Fund Number | 2040 |
Share Class | Institutional |
Alphabet Inc. Class C [GOOG] | 4.7% |
Markel Corporation [MKL] | 4.3% |
Microsoft Corporation [MSFT] | 4.2% |
Microchip Technology Incorporated [MCHP] | 4.2% |
Adobe Incorporated [ADBE] | 4.2% |
Amazon.com Inc. [AMZN] | 4.2% |
TransDigm Group Incorporated [TDG] | 4.1% |
Apple Inc. [AAPL] | 4.0% |
Air Products and Chemicals Inc. [APD] | 4.0% |
Johnson & Johnson [JNJ] | 3.9% |
% of Total Holdings: | 41.8% |
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. |
“Investors hold a powerful and durable competitive advantage if they can minimize internal and external pressures while, at the same time, exploit the manic-depressive nature of the market.”
Brian Massey
Co-founder, Portfolio Manager, Mar Vista Investment Partners, LLC
12/17/2021
12/20/2021
12/20/2021
0.00000
0.03253
2.70960
0.11084
0.00000
2.59876
2.74213
0.00000
--
12/16/2020
12/17/2020
12/17/2020
0.00000
0.10080
0.78871
0.00000
0.00000
0.78871
0.88951
0.00000
26.96
12/13/2019
12/16/2019
12/16/2019
0.00000
0.09076
0.31391
0.00000
0.00000
0.31391
0.40467
0.00000
22.96
12/14/2018
12/17/2018
12/17/2018
0.00000
0.06163
0.47513
0.08496
0.00000
0.39017
0.53676
0.00000
17.86
12/15/2017
12/18/2017
12/18/2017
0.00000
0.03561
0.35404
0.01802
0.00000
0.33602
0.38965
0.00000
19.15
2/27/2017
2/28/2017
2/28/2017
0.00000
0.03091
0.04089
0.00000
0.00000
0.04089
0.07180
0.00000
16.69
12/14/2016
12/15/2016
12/15/2016
0.00000
0.07639
0.07327
0.00000
0.00000
0.07327
0.14966
0.00000
15.77
12/8/2015
12/9/2015
12/9/2015
0.00000
0.01110
0.50321
0.11396
0.00000
0.38925
0.51431
0.00000
14.97
12/9/2014
12/9/2014
12/9/2014
0.00000
0.06128
1.11062
0.24879
0.00000
0.86183
1.17190
0.00000
15.01
12/9/2013
12/10/2013
12/10/2013
0.00000
0.15398
0.67368
0.27656
0.00000
0.39713
0.82766
0.00000
13.61
12/5/2012
12/6/2012
12/6/2012
0.00000
0.12683
0.08745
0.08745
0.00000
0.00000
0.21427
0.00000
11.42
Alphabet Inc. Class C [GOOG]
United States
1
2,792.99
4,044
4.7
Markel Corporation [MKL]
United States
3
1,475.24
3,710
4.3
Microsoft Corporation [MSFT]
United States
12
308.31
3,678
4.2
Microchip Technology Incorporated [MCHP]
United States
49
75.14
3,667
4.2
Adobe Incorporated [ADBE]
United States
8
455.62
3,609
4.2
Amazon.com Inc. [AMZN]
United States
1
3,259.95
3,602
4.2
TransDigm Group Incorporated [TDG]
United States
5
651.54
3,544
4.1
Apple Inc. [AAPL]
United States
20
174.61
3,500
4.0
Air Products and Chemicals Inc. [APD]
United States
14
249.91
3,433
4.0
Johnson & Johnson [JNJ]
United States
19
177.23
3,338
3.9
Charles Schwab Corp [SCHW]
United States
39
84.31
3,303
3.8
Berkshire Hathaway Inc. Class B [BRK.B]
United States
9
352.91
3,060
3.5
First Republic Bank [FRC]
United States
19
162.10
3,003
3.5
Moody's Corporation [MCO]
United States
9
337.41
2,984
3.4
American Tower Corporation [AMT]
United States
12
251.22
2,918
3.4
Honeywell International Inc. [HON]
United States
14
194.58
2,694
3.1
Visa Inc. Class A [V]
United States
12
221.77
2,570
3.0
Intuit Inc. [INTU]
United States
5
480.84
2,384
2.8
Mettler-Toledo International Inc. [MTD]
United States
2
1,373.19
2,359
2.7
NIKE Inc. Class B [NKE]
United States
16
134.56
2,195
2.5
GXO Logistics Inc [GXO]
United States
29
71.34
2,037
2.4
Linde plc [LIN]
United States
6
319.43
1,939
2.2
Amphenol Corporation Class A [APH]
United States
25
75.35
1,881
2.2
Salesforce Inc. [CRM]
United States
9
212.32
1,852
2.1
Roper Technologies Inc. [ROP]
United States
4
472.23
1,826
2.1
PepsiCo Inc. [PEP]
United States
11
167.38
1,807
2.1
Fortive Corp. [FTV]
United States
27
60.93
1,658
1.9
Vontier Corp [VNT]
United States
65
25.39
1,643
1.9
U.S. Bancorp [USB]
United States
27
53.15
1,438
1.7
SAP SE Sponsored ADR [SAP]
Germany
13
110.96
1,412
1.6
Ecolab Inc. [ECL]
United States
6
176.56
992
1.1
Meta Platforms Inc. Class A [FB]
United States
4
222.36
949
1.1
Starbucks Corporation [SBUX]
United States
10
90.97
890
1.0
Total
--
--
--
83,919
96.9
Cash and Other Assets Less Liabilities
--
--
--
--
3.1
Total Net Assets
--
--
--
--
100%
Information Technology
30.2
46.2
Financials
20.2
2.5
Industrials
13.6
6.1
Consumer Discretionary
7.7
18.5
Materials
7.3
0.9
Health Care
6.6
8.9
Communication Services
5.8
10.5
Real Estate
3.4
1.7
Consumer Staples
2.1
4.2
Energy
0.0
0.5
Utilities
0.0
0.0
Financials
0.4
-5.0
Utilities
0.0
-4.2
Energy
0.0
37.3
Consumer Staples
-6.8
-2.5
Health Care
-7.0
-7.5
Industrials
-8.2
-3.3
Consumer Discretionary
-10.8
-8.9
Information Technology
-12.5
-8.9
Real Estate
-14.1
-10.9
Materials
-15.7
-17.0
Communication Services
-21.2
-17.3
Mar Vista Investment Partners, LLC is an emerging minority-owned investment management firm serving the needs of a variety of clients, including institutions, foundations, pensions, endowments, trusts, and high-net-worth individuals. Their purpose is to create value for their investors by generating unique risk-adjusted returns that exceed the opportunity cost of investing in a passive index. Mar Vista’s mission requires a conviction to be different in how they think, behave and invest. The team at Mar Vista has purposely built what they believe to be durable competitive advantages into their investment framework, culture, business structure and economic incentives. Mar Vista believes that their competitive advantages may minimize the internal and external pressures that may cause active managers to underperform over time.
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.
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 ©2022 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.
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.
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 typically invests in a limited number of companies, an adverse event affecting a particular company may hurt the Fund's performance more than if it had invested in a larger number of companies.
Harbor Funds Distributors, Inc. is the Distributor of the Harbor Mutual Funds.
Foreside Fund Services, LLC is the Distributor of the Harbor ETFs.
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.