Select Investor Profilechevron

What type of investor are you?

Individual Investor
Institutional Investor
phone iconContact

Harbor Convertible Securities Fund (HACSX)

Harbor Convertible Securities Fund (HACSX)

Class
Overview
Performance
Holdings
Investment Team
BlueCove Videos
Documents
chevron

Request a Call


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

Overview

Investment Team
Blue Cove logo
Benjamin Brodsky
Michael Harper
Benoy Thomas

Current Price

As of 12/6/2024

$12.13

Price (NAV)

$0.04

NAV Daily Change ($)

0.33%

NAV Daily Change (%)

18.48%

NAV YTD Return

1.50%

Current 30-Day Sub. SEC Yield
disclaimer

1.21%

Current 30-Day Unsub. SEC Yield
disclaimer

1.51%

Effective 30-Day Sub. SEC Yield
disclaimer

1.22%

Effective 30-Day Unsub. SEC Yield
disclaimer

Fund Facts

As of 11/30/2024

5/1/2011

Inception Date

0.71

Net Expense Ratio
disclaimer

1.08

Gross Expense Ratio

$26.874

Total Fund Net Assets (million)
As of 11/30/2024

$12.386

Total Share Class Net Assets (million)
As of 11/30/2024

HACSX

Ticker

2034

Fund Number

Share Class:

Institutional Class

Performance

Total Returns

Month-End

3 Mo.

YTD Return

1 Yr.

3 Yr.

5 Yr.

10 Yr.

Since Fund Inception

Net Expense Ratio

Gross Expense Ratio

Convertible Securities Fund
11.32%
18.58%
25.99%
3.79%
8.82%
7.18%
6.76%
0.71%disclaimer
1.08%
ICE BofA US Convertible Index
9.76%
15.75%
22.76%
2.05%
11.10%
9.42%
9.55%
--
--
ICE BofA US Convertible Ex Mandatory Index
9.60%
15.72%
22.77%
1.59%
11.39%
9.95%
10.03%
--
--

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.

Effective on March 1, 2023, the Funds benchmark has changed from ICE BofA U.S. Convertible Ex Mandatory to ICE BofA U.S. Convertible Bond Index.

The ICE BofA US Convertible Ex Mandatory Index is broadly representative of the U.S. convertible securities market, consisting of publicly traded issues, denominated in U.S. Dollars, of all credit qualities, and excluding mandatory (equity-linked) convertibles. This unmanaged index does not reflect fees and expenses and is not available for direct investment.

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

9/27/2024
9/30/2024
9/30/2024
0.00000
0.08569
0.00000
--
0.00000
--
0.08569
0.00000
11.12
6/27/2024
6/28/2024
6/28/2024
0.00000
0.09082
0.00000
--
0.00000
--
0.09082
0.00000
10.61
3/27/2024
3/28/2024
3/28/2024
0.00000
0.08694
0.00000
--
0.00000
--
0.08694
0.00000
--
12/18/2023
12/19/2023
12/19/2023
0.00000
0.07130
0.00000
--
0.00000
--
0.07130
0.00000
10.44
9/28/2023
9/29/2023
9/29/2023
0.01281
0.08914
0.00000
--
0.00000
--
0.10195
0.00000
9.82
6/29/2023
6/30/2023
6/30/2023
0.01294
0.09005
0.00000
--
0.00000
--
0.10299
0.00000
10.20
3/30/2023
3/31/2023
3/31/2023
0.00872
0.06063
0.00000
--
0.00000
--
0.06935
0.00000
9.93
12/16/2022
12/19/2022
12/19/2022
0.00000
0.05852
0.00000
--
0.00000
--
0.05852
0.00000
9.86
9/28/2022
9/29/2022
9/29/2022
0.00000
0.01245
0.00000
--
0.00000
--
0.01245
0.00000
9.60
6/28/2022
6/29/2022
6/29/2022
0.00000
0.00426
0.00000
--
0.00000
--
0.00426
0.00000
9.82
3/29/2022
3/30/2022
3/30/2022
0.00000
0.00401
0.00000
--
0.00000
--
0.00401
0.00000
11.26
12/17/2021
12/20/2021
12/20/2021
0.00000
0.04683
1.61367
0.88695
0.00000
0.72672
1.66050
0.00000
11.43
6/28/2021
6/29/2021
6/29/2021
0.00000
0.00018
0.00000
0.00000
0.00000
0.00000
0.00018
0.00000
13.58
3/29/2021
3/30/2021
3/30/2021
0.00000
0.00303
0.00000
0.00000
0.00000
0.00000
0.00303
0.00000
13.14
12/16/2020
12/17/2020
12/17/2020
0.00000
0.07630
1.16446
0.90624
0.00000
0.25822
1.24076
0.00000
12.91
9/28/2020
9/29/2020
9/29/2020
0.00000
0.01202
0.00000
0.00000
0.00000
0.00000
0.01202
0.00000
12.40
6/26/2020
6/29/2020
6/29/2020
0.00000
0.01410
0.00000
0.00000
0.00000
0.00000
0.01410
0.00000
11.51
3/27/2020
3/30/2020
3/30/2020
0.00000
0.01694
0.00000
0.00000
0.00000
0.00000
0.01694
0.00000
9.46
12/13/2019
12/16/2019
12/16/2019
0.00000
0.03322
0.33300
0.21604
0.00000
0.11696
0.36622
0.00000
10.78
9/25/2019
9/26/2019
9/26/2019
0.00000
0.02118
0.00000
0.00000
0.00000
0.00000
0.02118
0.00000
10.71
6/26/2019
6/27/2019
6/27/2019
0.00000
0.02278
0.00000
0.00000
0.00000
0.00000
0.02278
0.00000
10.72
3/27/2019
3/28/2019
3/28/2019
0.00000
0.02241
0.00000
0.00000
0.00000
0.00000
0.02241
0.00000
10.40
12/14/2018
12/17/2018
12/17/2018
0.00000
0.10127
0.49150
0.36038
0.00000
0.13112
0.59277
0.00000
9.63
9/26/2018
9/27/2018
9/27/2018
0.00000
0.02124
0.00000
0.00000
0.00000
0.00000
0.02124
0.00000
10.97
6/27/2018
6/28/2018
6/28/2018
0.00000
0.02087
0.00000
0.00000
0.00000
0.00000
0.02087
0.00000
10.73
3/27/2018
3/28/2018
3/28/2018
0.00000
0.02058
0.00000
0.00000
0.00000
0.00000
0.02058
0.00000
10.35
12/15/2017
12/18/2017
12/18/2017
0.00000
0.02032
1.00209
1.00209
0.00000
0.00000
1.02241
0.00000
10.30
9/27/2017
9/28/2017
9/28/2017
0.00000
0.03795
0.00000
0.00000
0.00000
0.00000
0.03795
0.00000
11.14
6/28/2017
6/29/2017
6/29/2017
0.00000
0.03084
0.00000
0.00000
0.00000
0.00000
0.03084
0.00000
11.02
3/29/2017
3/30/2017
3/30/2017
0.00000
0.03770
0.00000
0.00000
0.00000
0.00000
0.03770
0.00000
10.83
12/16/2016
12/19/2016
12/19/2016
0.00000
0.06537
0.00000
0.00000
0.00000
0.00000
0.06537
0.00000
10.55
9/28/2016
9/29/2016
9/29/2016
0.00000
0.02344
0.00000
0.00000
0.00000
0.00000
0.02344
0.00000
10.64
6/28/2016
6/29/2016
6/29/2016
0.00000
0.02658
0.00000
0.00000
0.00000
0.00000
0.02658
0.00000
10.12
3/29/2016
3/30/2016
3/30/2016
0.00000
0.02476
0.00000
0.00000
0.00000
0.00000
0.02476
0.00000
9.95
12/16/2015
12/17/2015
12/17/2015
0.00000
0.14277
0.19480
0.00000
0.00000
0.19480
0.33757
0.00000
10.09
9/23/2015
9/24/2015
9/24/2015
0.00000
0.03180
0.00000
0.00000
0.00000
0.00000
0.03180
0.00000
10.61
6/26/2015
6/29/2015
6/29/2015
0.00000
0.03310
0.00000
0.00000
0.00000
0.00000
0.03310
0.00000
10.90
3/27/2015
3/30/2015
3/30/2015
0.00000
0.03480
0.00000
0.00000
0.00000
0.00000
0.03480
0.00000
10.87
12/17/2014
12/18/2014
12/18/2014
0.00000
0.11993
0.41866
0.07677
0.00000
0.34189
0.53859
0.00000
10.47
9/24/2014
9/25/2014
9/25/2014
0.00000
0.03767
0.00000
0.00000
0.00000
0.00000
0.03767
0.00000
11.19
6/25/2014
6/26/2014
6/26/2014
0.00000
0.03245
0.00000
0.00000
0.00000
0.00000
0.03245
0.00000
11.48
3/26/2014
3/27/2014
3/27/2014
0.00000
0.03708
0.00000
0.00000
0.00000
0.00000
0.03708
0.00000
11.18
12/16/2013
12/17/2013
12/17/2013
0.00000
0.09841
0.10733
0.00000
0.00000
0.10733
0.20574
0.00000
10.77
9/25/2013
9/26/2013
9/26/2013
0.00000
0.04253
0.00000
0.00000
0.00000
0.00000
0.04253
0.00000
10.77
6/26/2013
6/27/2013
6/27/2013
0.00000
0.02907
0.00000
0.00000
0.00000
0.00000
0.02907
0.00000
10.38
3/27/2013
3/28/2013
3/28/2013
0.00000
0.03753
0.00000
0.00000
0.00000
0.00000
0.03753
0.00000
10.34
12/14/2012
12/17/2012
12/17/2012
0.00000
0.11512
0.00000
0.00000
0.00000
0.00000
0.11512
0.00000
9.99
9/26/2012
9/27/2012
9/27/2012
0.00000
0.04569
0.00000
0.00000
0.00000
0.00000
0.04569
0.00000
10.01
6/27/2012
6/28/2012
6/28/2012
0.00000
0.05481
0.00000
0.00000
0.00000
0.00000
0.05481
0.00000
9.63
3/28/2012
3/29/2012
3/29/2012
0.00000
0.05282
0.00000
0.00000
0.00000
0.00000
0.05282
0.00000
9.93
12/15/2011
12/16/2011
12/16/2011
0.00000
0.09077
0.00000
0.00000
0.00000
0.00000
0.09077
0.00000
9.23
9/28/2011
9/29/2011
9/29/2011
0.00000
0.03741
0.00000
0.00000
0.00000
0.00000
0.03741
0.00000
9.29
6/28/2011
6/29/2011
6/29/2011
0.00000
0.02286
0.00000
0.00000
0.00000
0.00000
0.02286
0.00000
9.84

Holdings

Portfolio Characteristics

As of 6/30/2023

119

Number of Bonds

1.82

Avg. Market Coupon (%)

Top 10 Holdings

As of 9/30/2024

Company Name

Maturity Date

Coupon Rate (%)

Value ($000's)

% of Net Assets

WELLS FARGO & COMPANY
--
0.0
705
2.8
NEXTERA ENERGY INC
--
0.0
380
1.5
PARSONS CORP
3/1/2029
2.6
378
1.5
ROYAL CARIBBEAN CRUISES
8/15/2025
6.0
358
1.4
AFFIRM HOLDINGS INC
11/15/2026
0.0
356
1.4
ALNYLAM PHARMACEUTICALS
9/15/2027
1.0
351
1.4
DISH NETWORK CORP
12/15/2025
0.0
349
1.4
DRAFTKINGS HOLDINGS INC
3/15/2028
0.0
348
1.4
EL PASO ENERGY CAP TRST
--
0.0
347
1.4
PALO ALTO NETWORKS
6/1/2025
0.4
344
1.4
% of Total Holdings:
--
--
--
15.6%

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

As of 9/30/2024

Company Name

Maturity Date

Coupon Rate (%)

Market Value ($000's)

% of Net Assets

WELLS FARGO & COMPANY
--
0.0
705
2.8
NEXTERA ENERGY INC
--
0.0
380
1.5
PARSONS CORP
3/1/2029
2.6
378
1.5
ROYAL CARIBBEAN CRUISES
8/15/2025
6.0
358
1.4
AFFIRM HOLDINGS INC
11/15/2026
0.0
356
1.4
ALNYLAM PHARMACEUTICALS
9/15/2027
1.0
351
1.4
DISH NETWORK CORP
12/15/2025
0.0
349
1.4
DRAFTKINGS HOLDINGS INC
3/15/2028
0.0
348
1.4
EL PASO ENERGY CAP TRST
--
0.0
347
1.4
PALO ALTO NETWORKS
6/1/2025
0.4
344
1.4
MICROSTRATEGY INC
6/15/2032
2.3
333
1.3
SOUTHERN CO
6/15/2027
4.5
330
1.3
RLJ LODGING TRUST
--
0.0
323
1.3
CMS ENERGY CORP
5/1/2028
3.4
323
1.3
GUARDANT HEALTH INC
11/15/2027
0.0
322
1.3
SNAP INC
3/1/2028
0.1
321
1.3
HALOZYME THERAPEUTICS IN
3/1/2027
0.3
302
1.2
NCL CORPORATION LTD
2/15/2027
2.5
297
1.2
WESTERN DIGITAL CORP
11/15/2028
3.0
297
1.2
SEAGATE HDD CAYMAN
6/1/2028
3.5
288
1.1
NOVOCURE LTD
11/1/2025
0.0
284
1.1
SEMTECH CORP
11/1/2027
1.6
284
1.1
AIRBNB INC
3/15/2026
0.0
280
1.1
CLOUDFLARE INC
8/15/2026
0.0
278
1.1
HAEMONETICS CORP
3/1/2026
0.0
278
1.1
WELLTOWER OP LLC
5/15/2028
2.8
277
1.1
CORE SCIENTIFIC INC
9/1/2029
3.0
276
1.1
MARA HOLDINGS INC
12/1/2026
1.0
266
1.0
MICROSTRATEGY INC
3/15/2030
0.6
266
1.0
TETRA TECH INC
8/15/2028
2.3
263
1.0
DATADOG INC
6/15/2025
0.1
260
1.0
BLOCK INC
11/1/2027
0.3
260
1.0
SNAP INC
5/1/2027
0.0
257
1.0
UBER TECHNOLOGIES INC
12/1/2028
0.9
251
1.0
GRANITE CONSTRUCTION INC
6/15/2030
3.3
245
1.0
VENTAS REALTY LP
6/1/2026
3.8
244
1.0
EZCORP INC
12/15/2029
3.8
242
1.0
INSMED INC
6/1/2028
0.8
230
0.9
NORTHERN OIL AND GAS INC
4/15/2029
3.6
229
0.9
EXACT SCIENCES CORP
3/1/2030
2.0
229
0.9
MERITAGE HOMES CORP
5/15/2028
1.8
229
0.9
BOOKING HOLDINGS INC
5/1/2025
0.8
224
0.9
NRG ENERGY INC
6/1/2048
2.8
222
0.9
GREENBRIER COS INC
4/15/2028
2.9
220
0.9
Q2 HOLDINGS INC
6/1/2026
0.8
218
0.9
DUKE ENERGY CORP
4/15/2026
4.1
213
0.8
FIRSTENERGY CORP
5/1/2026
4.0
210
0.8
ITRON INC
3/15/2026
0.0
210
0.8
FRESHPET INC
4/1/2028
3.0
209
0.8
SPECTRUM BRANDS INC
6/1/2029
3.4
208
0.8
AMERICAN WATER CAPITAL C
6/15/2026
3.6
206
0.8
NEW MOUNTAIN FINANCE COR
10/15/2025
7.5
203
0.8
IMPINJ INC
5/15/2027
1.1
200
0.8
CINEMARK HOLDINGS INC
8/15/2025
4.5
198
0.8
NCL CORPORATION LTD
2/15/2027
1.1
194
0.8
EXACT SCIENCES CORP
3/15/2027
0.4
194
0.8
OKTA INC
9/1/2025
0.1
192
0.8
ALARM.COM HLDGS INC
6/1/2029
2.3
191
0.7
CHEESECAKE FACTORY (THE)
6/15/2026
0.4
190
0.7
ALARM.COM HLDGS INC
1/15/2026
0.0
187
0.7
VERINT SYSTEMS INC
4/15/2026
0.3
187
0.7
SHAKE SHACK INC
3/1/2028
0.0
186
0.7
INTERDIGITAL INC
6/1/2027
3.5
186
0.7
OKTA INC
6/15/2026
0.4
185
0.7
VARONIS SYSTEM INC
8/15/2025
1.3
185
0.7
TRANSMEDICS GROUP INC
6/1/2028
1.5
185
0.7
BLOOM ENERGY CORP
6/1/2028
3.0
184
0.7
RIVIAN AUTO INC
3/15/2029
4.6
181
0.7
GRANITE CONSTRUCTION INC
5/15/2028
3.8
180
0.7
AXON ENTERPRISE INC
12/15/2027
0.5
180
0.7
TRAVERE THERAPEUTICS INC
3/1/2029
2.3
173
0.7
CARNIVAL CORP
12/1/2027
5.8
161
0.6
RIVIAN AUTO INC
10/15/2030
3.6
159
0.6
LANTHEUS HOLDINGS INC
12/15/2027
2.6
156
0.6
HERBALIFE LTD
6/15/2028
4.3
147
0.6
MIRUM PHARMACEUTICALS
5/1/2029
4.0
147
0.6
TANDEM DIABETES CARE INC
3/15/2029
1.5
145
0.6
BREAD FINANCIAL HLDGS
6/15/2028
4.3
145
0.6
ALTAIR ENGINEERING INC
6/15/2027
1.8
143
0.6
HAT HOLDINGS I LLC/HAT
8/15/2028
3.8
138
0.5
LUCID GROUP INC
12/15/2026
1.3
135
0.5
SUNRUN INC
3/1/2030
4.0
135
0.5
SUNNOVA ENERGY INTL INC
2/15/2028
2.6
131
0.5
BANK OF AMERICA CORP
--
0.0
127
0.5
NOVAVAX INC
12/15/2027
5.0
126
0.5
COLLEGIUM PHARMA INC
2/15/2029
2.9
126
0.5
VERTEX INC
5/1/2029
0.8
126
0.5
TYLER TECHNOLOGIES INC
3/15/2026
0.3
123
0.5
--
8/15/2029
1.1
123
0.5
ZSCALER INC.
7/1/2025
0.1
123
0.5
SHIFT4 PAYMENTS INC
12/15/2025
0.0
122
0.5
MIDDLEBY CORP
9/1/2025
1.0
117
0.5
ZILLOW GROUP INC
5/15/2025
2.8
112
0.4
SOUTHERN CO
12/15/2025
3.9
111
0.4
GUESS INC
4/15/2028
3.8
111
0.4
EVERGY INC
12/15/2027
4.5
110
0.4
PINNACLE WEST CAPITAL
6/15/2027
4.8
108
0.4
STARWOOD PROPERTY TRUST
7/15/2027
6.8
107
0.4
SOFI TECHNOLOGIES INC
3/15/2029
1.3
107
0.4
ITRON INC
7/15/2030
1.4
107
0.4
PPL CAPITAL FUNDING INC
3/15/2028
2.9
106
0.4
ORMAT TECHNOLOGIES INC
7/15/2027
2.5
105
0.4
WISDOMTREE INC
8/15/2029
3.3
104
0.4
ENCORE CAPITAL GROUP INC
3/15/2029
4.0
101
0.4
BENTLEY SYSTEMS INC
1/15/2026
0.1
101
0.4
MKS INSTRUMENTS INC
6/1/2030
1.3
100
0.4
PAR TECHNOLOGY CORP
10/15/2027
1.5
100
0.4
LUMENTUM HOLDINGS INC
12/15/2026
0.5
99
0.4
FORD MOTOR COMPANY
3/15/2026
0.0
98
0.4
DROPBOX INC
3/1/2028
0.0
97
0.4
DAYFORCE INC
3/15/2026
0.3
94
0.4
AIR TRANSPORT SERVICES G
8/15/2029
3.9
94
0.4
JOHN BEAN TECHNOLOGIES C
5/15/2026
0.3
94
0.4
LENDINGTREE INC
7/15/2025
0.5
94
0.4
LIBERTY TRIPADVISOR HOLD
6/30/2051
0.5
94
0.4
BENTLEY SYSTEMS
7/1/2027
0.4
93
0.4
UPWORK INC
8/15/2026
0.3
92
0.4
ALBEMARLE CORP
--
0.0
90
0.4
CONFLUENT INC
1/15/2027
0.0
89
0.3
DIGITALOCEAN HOLDINGS
12/1/2026
0.0
89
0.3
LUMENTUM HOLDINGS INC
6/15/2028
0.5
87
0.3
BRIDGEBIO PHARMA INC
2/1/2029
2.3
84
0.3
DISH NETWORK CORP
8/15/2026
3.4
81
0.3
WOLFSPEED INC
12/1/2029
1.9
75
0.3
CHART INDUSTRIES INC
--
0.0
65
0.3
WOLFSPEED INC
2/15/2028
0.3
40
0.2
AMG CAPITAL TRUST II
--
0.0
39
0.2
Total
--
--
24,513
96.6
Cash and Other Assets Less Liabilities
--
--
--
3.4
Total Net Assets
--
--
--
100%

As of 9/30/2024

Convertible Securities Fund (HACSX)

-

Software/Services

HACSX: 17.9%

-

Pharmaceuticals

HACSX: 8.8%

-

Electric-Integrated

HACSX: 7.5%

-

Recreation & Travel

HACSX: 6.0%

-

Investments & Misc Financial Services

HACSX: 5.2%

-

Building & Construction

HACSX: 3.9%

-

REITs

HACSX: 3.8%

-

Tech Hardware & Equipment

HACSX: 3.8%

-

Electronics

HACSX: 3.7%

-

Advertising

HACSX: 3.3%

-

Banking

HACSX: 3.3%

-

Medical Products

HACSX: 3.0%

-

Electric-Generation

HACSX: 2.3%

-

Automakers

HACSX: 2.3%

-

Machinery

HACSX: 2.0%

-

Cons/Comm/Lease Financing

HACSX: 1.9%

-

Cable & Satellite TV

HACSX: 1.7%

-

Transport Infrastructure/Services

HACSX: 1.7%

-

Health Services

HACSX: 1.6%

-

Restaurants

HACSX: 1.5%

-

Food - Wholesale

HACSX: 1.4%

-

Gas Distribution

HACSX: 1.4%

-

Gaming

HACSX: 1.4%

-

Support-Services

HACSX: 1.0%

-

Energy - Exploration & Production

HACSX: 0.9%

-

Personal & Household Products

HACSX: 0.8%

-

Non-Electric Utilities

HACSX: 0.8%

-

Theaters & Entertainment

HACSX: 0.8%

-

Diversified Capital Goods

HACSX: 0.7%

-

Aerospace/Defense

HACSX: 0.7%

-

RealEstate Dev & Mgt

HACSX: 0.4%

-

Specialty Retail

HACSX: 0.4%

-

Brokerage

HACSX: 0.4%

-

Air Transportation

HACSX: 0.4%

-

Chemicals

HACSX: 0.4%

-

Auto Parts & Equipment

HACSX: NaN%

-

Beverage

HACSX: NaN%

-

Derivatives

HACSX: NaN%

-

Environmental

HACSX: NaN%

-

Health Facilities

HACSX: NaN%

-

Hotels

HACSX: NaN%

-

Media Content

HACSX: NaN%

-

Media - Diversified

HACSX: NaN%

-

Metals/Mining Excluding Steel

HACSX: NaN%

-

Oil Field Equipment & Services

HACSX: NaN%

-

Oil Refining & Marketing

HACSX: NaN%

-

P&C

HACSX: NaN%

-

Steel Producers/Products

HACSX: NaN%

-

Telecom - Wireline Integrated & Services

HACSX: NaN%

HACSX: Convertible Securities Fund

As of 9/30/2024

Maturity

Convertible Securities Fund %

ICE BofA US Convertible Index %

0-1 yr
10.6
12.2
1-3 yr
34.3
41.5
3-5 yr
38.8
31.5
5-7 yr
6.2
8.3
7-10 yr
1.3
0.3
10-20 yr
0.2
0.3
20-30 yr
1.2
2.3
Over 30 yr
4.6
3.7

As of 9/30/2024

Duration

Convertible Securities Fund %

0-1 yr
12.7
1-3 yr
36.0
3-5 yr
37.3
5-7 yr
5.2
7-10 yr
1.5
10-20 yr
4.6
20-30 yr
0.0
Over 30 yr
0.0

Investment Team


Blue Cove logo

BlueCove Limited (“BlueCove”) is a scientific asset management firm founded in 2018 that brings together leading fixed income industry investment and engineering professionals. BlueCove was founded with the specific purpose of delivering strong investment outcomes for investors by researching and developing state-of-the-art scientific investment processes applicable to fixed income investment management.

Foreside Fund Services, LLC is the Distributor of the Harbor ETFs.

Learn More about BlueCove







Documents

Important Information

Effective on March 1, 2023, BlueCove Limited became investment subadviser to Harbor Convertible Securities Fund. In connection with this change, the Fund’s investment strategy and risk changed to reflect BlueCove’s approach to managing the Fund’s assets. Please see the Fund's Prospectus for additional information.

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.

All investments involve risk including the possible loss of principal. Fixed income securities fluctuate in price in response to various factors, including changes in interest rates, changes in market conditions and issuer-specific events, and the value of your investment in the Fund may go down. There is a greater risk that the Funds will lose money because they invest in below- investment grade fixed income securities and unrated securities of similar credit quality (commonly referred to as “high-yield securities” or “junk bonds”). These securities are considered speculative because they have a higher risk of issuer default, are subject to greater price volatility and may be illiquid. The market for convertible securities is less liquid than the market for non-convertible corporate bonds. There are limitations inherent in every quantitative model. The value of securities selected using quantitative analysis can react differently to issuer, political, market, and economic developments than the market as a whole or securities selected using only fundamental analysis. Because the Funds may invest in securities of foreign issuers, an investment in the Funds is subject to special risks in addition to those of U.S. securities. These risks include heightened political and economic risks, greater volatility, currency fluctuations, higher transaction costs, delayed settlement, possible foreign controls on investment, possible sanctions by government bodies of other countries and less stringent investor protection and disclosure standards of foreign markets.

Wtd. Avg. Market Coupon (%): the weighted average coupon rate of the underlying bonds in the Fund.

Wtd. Avg. Maturity (yrs): the weighted average length of time to the repayment of principal for the securities in the Fund. This metric considers the likelihood that bonds will be called or prepaid before the scheduled maturity date.

Wtd. Avg. Duration (yrs): the weight average duration of the underlying bonds or derivative market exposures in the Fund. Duration is a time measure of a bond's interest-rate sensitivity. The longer a fund's duration, the more sensitive the fund is to shifts in interest rates

Wtd. Avg. Convertible Price ($): the weighted average price of the underlying corporate securities in the Fund, usually preferred shares or bonds, that can be converted (exchanged) for a set number of other securities — usually common shares — at a given price.

BlueCove defines "scientific investing" as the structured investment process based on the testing of investment hypotheses using historical data, which utilizes proprietary quantitative models to produce investment recommendations as described in the Fund's Prospectus. BlueCove’s portfolio management team retains discretion with respect to all investment decisions.

3320041 
Blue Background

Connect with us | LinkedIn Logo IconLinktree icon to podcast media links

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 © 2024 Harbor Capital Advisors, Inc. All rights reserved.