Harbor Disruptive Innovation Fund (HAMGX)

Overview

Performance

Holdings

Investment Team

Documents

800-422-1050

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Overview

Investment Team

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Current Price

As of 9/29/2023

$4.67

Price (NAV)

$0.02

NAV Daily Change ($)

0.43%

NAV Daily Change (%)

13.35%

NAV YTD Return

Fund Facts

As of 9/30/2023

11/1/2000

Inception Date

0.83

Net Expense Ratio

0.91

Gross Expense Ratio

$42.016

Total Net Assets (million)

As of 9/30/2023

HAMGX

Ticker

2019

Fund Number

Institutional Class

Share Class

Top Ten Holdings

As of 6/30/2023

Company Name [Ticker]

% of Net Assets

Microsoft Corporation[MSFT]

4.5

Amazon.com Inc.[AMZN]

3.2

Advanced Micro Devices Inc.[AMD]

3.0

ServiceNow Inc.[NOW]

2.9

Lam Research Corporation[LRCX]

2.9

MercadoLibre Inc.[MELI]

2.5

ASML Holding NV[ASML]

2.2

Texas Instruments Incorporated[TXN]

2.1

Cadence Design Systems Inc.[CDNS]

2.0

Linde plc[LIN]

2.0

% of Total Holdings:

27.3%

The pace of disruption and magnitude of technological advancement are reshaping the investment landscape.

Harbor Disruptive Innovation seeks long term growth of capital through a diverse exposure to leading edge

transformational companies across market segments.

Performance

Total Returns

Fund Name

3 Mo.

YTD Return

1 Yr.

3 Yr.

5 Yr.

10 Yr.

Since Inception

Net Expense Ratio

Gross Expense Ratio

Disruptive Innovation Fund

-9.14%

13.35%

11.19%

-10.05%

2.44%

7.81%

4.92%

0.83% disclaimer

0.91%

S&P 500 Index

-3.27%

13.07%

21.62%

10.15%

9.92%

11.91%

6.95%

Russell 3000® Growth Index

-3.34%

23.77%

26.63%

7.54%

11.70%

13.94%

6.80%

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 S&P 500 Index is an unmanaged index generally representative of the U.S. market for large capitalization equities. This unmanaged index does not reflect fees and expenses and is not available for direct investment.

The Russell 3000® Growth Index measures the performance of the broad growth segment of the US equity universe. It includes Russell 3000® Index companies with higher price-to-book ratios and higher forecasted growth values. It is market-capitalization weighted. This unmanaged index does not reflect fees and expenses and is not available for direct investment. The Russell 3000® Growth Index and Russell® are trademarks of Frank Russell Company.

Price History

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

12/16/2022

12/19/2022

0.00000

4.15

12/17/2021

12/20/2021

0.00000

5.41817

2.13093

0.00000

3.28724

5.41817

0.00000

7.13

12/16/2020

12/17/2020

0.00000

1.93063

0.75288

0.00000

1.17775

1.93063

0.00000

13.33

12/13/2019

12/16/2019

0.00000

2.17058

0.00000

2.17058

0.00000

9.32

12/14/2018

12/17/2018

0.00000

1.78258

0.25762

0.00000

1.52496

1.78258

0.00000

8.45

12/15/2017

12/18/2017

0.00000

1.21613

0.34479

0.00000

0.87134

1.21613

0.00000

10.38

12/16/2016

12/19/2016

0.00000

8.83

12/16/2015

12/17/2015

0.00000

0.06299

1.06091

0.00000

1.06091

1.12390

0.00000

8.60

12/17/2014

12/18/2014

0.00000

1.82617

0.26749

0.00000

1.55868

1.82617

0.00000

9.65

12/16/2013

12/17/2013

0.00000

1.83565

0.67261

0.00000

1.16304

1.83565

0.00000

10.34

12/14/2012

12/17/2012

0.00000

0.18749

0.00000

0.18749

0.00000

9.28

12/15/2011

12/16/2011

0.00000

7.69

12/16/2010

12/17/2010

0.00000

8.55

12/17/2009

12/18/2009

0.00000

6.85

12/18/2008

12/19/2008

0.00000

5.23

12/18/2007

12/19/2007

0.00000

0.01032

0.45524

0.24720

0.00000

0.20804

0.46556

0.00000

9.13

12/18/2006

12/19/2006

0.00000

0.01663

0.03370

0.00000

0.03370

0.05033

0.00000

7.97

12/19/2005

12/20/2005

0.00000

0.84516

0.00000

0.84516

0.00000

7.04

12/29/2004

12/30/2004

0.00000

6.65

12/29/2003

12/30/2003

0.00000

6.14

12/27/2002

12/30/2002

0.00000

4.20

12/26/2001

12/27/2001

12/28/2001

0.00000

6.35

Holdings

Portfolio Characteristics

As of 6/30/2023

101

Number of Holdings

288774.4

Wtd Avg Market Cap ($Mil)

9.92

Price/Book Ratio

44.6

Adjusted Trailing P/E Ratio

20.5

% EPS Growth - Past 3 Yr

7.42

Return on Equity (%)

39.8

Forecasted P/E Ratio

Top Ten Holdings

As of 6/30/2023

Company Name [Ticker]

% of Net Assets

Microsoft Corporation[MSFT]

4.5

Amazon.com Inc.[AMZN]

3.2

Advanced Micro Devices Inc.[AMD]

3.0

ServiceNow Inc.[NOW]

2.9

Lam Research Corporation[LRCX]

2.9

MercadoLibre Inc.[MELI]

2.5

ASML Holding NV[ASML]

2.2

Texas Instruments Incorporated[TXN]

2.1

Cadence Design Systems Inc.[CDNS]

2.0

Linde plc[LIN]

2.0

% of Total Holdings:

27.3%

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.

Full Holdings

As of 6/30/2023

Download: Calendar Quarter-End Holdings (csv)

Company Name [Ticker]

Country

Shares (000's)

Current Price ($)

Market Value ($000's)

% of Net Assets

Microsoft Corporation [MSFT]

340.54

3,609

4.5

Amazon.com Inc. [AMZN]

130.36

2,580

3.2

Advanced Micro Devices Inc. [AMD]

113.91

2,400

3.0

ServiceNow Inc. [NOW]

561.97

2,374

2.9

Lam Research Corporation [LRCX]

642.86

2,359

2.9

MercadoLibre Inc. [MELI]

1,184.60

2,041

2.5

ASML Holding NV [ASML]

723.33

1,798

2.2

Texas Instruments Incorporated [TXN]

180.02

1,693

2.1

Cadence Design Systems Inc. [CDNS]

234.52

1,638

2.0

Linde plc [LIN]

381.08

1,638

2.0

Danaher Corporation [DHR]

240.00

1,540

1.9

Fiserv Inc. [FI]

126.15

1,521

1.9

Shopify Inc. Class A [SHOP]

64.60

1,457

1.8

Samsara Inc. Class A [IOT]

27.71

1,455

1.8

Tesla Inc. [TSLA]

261.77

1,439

1.8

T-Mobile US Inc. [TMUS]

138.90

1,432

1.8

Adyen NV [ADYEN]

1,730.11

1,400

1.7

Block Inc. Class A [SQ]

66.57

1,389

1.7

Alphabet Inc. Class A [GOOGL]

119.70

1,375

1.7

Progressive Corporation [PGR]

132.37

1,369

1.7

ICON Plc [ICLR]

250.20

1,254

1.6

NVIDIA Corporation [NVDA]

423.02

1,239

1.5

Salesforce Inc. [CRM]

211.26

1,197

1.5

Deliveroo plc Class A [ROO]

777

1.46

1,131

1.4

Cloudflare Inc Class A [NET]

65.37

1,104

1.4

Snowflake Inc. Class A [SNOW]

175.98

1,089

1.3

DexCom Inc. [DXCM]

128.51

1,067

1.3

DoorDash Inc. Class A [DASH]

76.42

1,003

1.2

HubSpot Inc. [HUBS]

532.09

982

1.2

Fortinet Inc. [FTNT]

75.59

960

1.2

MongoDB Inc. Class A [MDB]

410.99

949

1.2

Agora Inc. Sponsored ADR Class A [API]

294

3.13

919

1.1

Farfetch Ltd. Class A [FTCH]

144

6.04

872

1.1

Chipotle Mexican Grill Inc. [CMG]

2,139.00

862

1.1

Airbnb Inc. Class A [ABNB]

128.16

852

1.1

United Rentals Inc. [URI]

445.37

852

1.1

Applied Materials Inc. [AMAT]

144.54

823

1.0

Chart Industries Inc. [GTLS]

159.79

821

1.0

Rocket Pharmaceuticals Inc. [RCKT]

19.87

794

1.0

Ascendis Pharma A/S Sponsored ADR [ASND]

89.25

777

1.0

Meta Platforms Inc. Class A [META]

286.98

779

1.0

Splunk Inc. [SPLK]

106.09

766

0.9

Palo Alto Networks Inc. [PANW]

255.51

757

0.9

Okta Inc. Class A [OKTA]

69.35

742

0.9

Dada Nexus Ltd. Sponsored ADR [DADA]

137

5.31

726

0.9

Smartsheet Inc. Class A [SMAR]

38.26

714

0.9

Lattice Semiconductor Corporation [LSCC]

96.07

687

0.9

Workday Inc. Class A [WDAY]

225.89

676

0.8

Eli Lilly and Company [LLY]

468.98

627

0.8

Toast Inc. Class A [TOST]

22.57

616

0.8

Procore Technologies Inc [PCOR]

65.07

608

0.8

Cognex Corporation [CGNX]

56.02

593

0.7

Krystal Biotech Inc. [KRYS]

117.40

592

0.7

Microchip Technology Incorporated [MCHP]

89.59

588

0.7

Atlassian Corp Class A [TEAM]

167.81

551

0.7

Moderna Inc. [MRNA]

121.50

535

0.7

Datadog Inc Class A [DDOG]

98.38

515

0.6

Insulet Corporation [PODD]

288.34

469

0.6

Arrowhead Pharmaceuticals Inc. [ARWR]

35.66

445

0.5

Lonza Group AG [LONN]

596.21

445

0.5

Replimune Group Inc. [REPL]

23.22

433

0.5

Autolus Therapeutics Plc Sponsored ADR [AUTL]

177

2.38

421

0.5

UnitedHealth Group Incorporated [UNH]

480.64

419

0.5

Masimo Corporation [MASI]

164.55

416

0.5

Alkermes Public Limited Company [ALKS]

31.30

402

0.5

Legend Biotech Corporation Sponsored ADR [LEGN]

69.03

395

0.5

Thermo Fisher Scientific Inc. [TMO]

521.75

398

0.5

Bicycle Therapeutics Plc Sponsored ADR [BCYC]

25.52

388

0.5

Dynatrace Inc. [DT]

51.47

393

0.5

REGENXBIO Inc. [RGNX]

19.99

386

0.5

IDEXX Laboratories Inc. [IDXX]

502.23

372

0.5

Cooper Companies Inc. [COO]

383.43

362

0.5

Sea Limited Sponsored ADR Class A [SE]

58.04

350

0.4

Bio-Rad Laboratories Inc. Class A [BIO]

379.12

336

0.4

Intellia Therapeutics Inc. [NTLA]

40.78

326

0.4

NextEra Energy Inc. [NEE]

74.20

317

0.4

Lantheus Holdings Inc [LNTH]

83.92

306

0.4

Hubbell Incorporated [HUBB]

331.56

303

0.4

Inspire Medical Systems Inc. [INSP]

324.64

297

0.4

Apellis Pharmaceuticals Inc. [APLS]

91.10

283

0.4

Box Inc. Class A [BOX]

29.38

285

0.4

Iovance Biotherapeutics Inc [IOVA]

7.04

287

0.4

Repare Therapeutics Inc. [RPTX]

10.58

283

0.4

Catalent Inc [CTLT]

43.36

269

0.3

Arvinas Inc. [ARVN]

24.82

260

0.3

Allogene Therapeutics Inc. [ALLO]

4.97

209

0.3

Kymera Therapeutics Inc. [KYMR]

22.99

207

0.3

Avidity Biosciences Inc [RNA]

11.09

201

0.3

Sarepta Therapeutics Inc. [SRPT]

114.52

181

0.2

uniQure N.V. [QURE]

11.46

179

0.2

Invitae Corp. [NVTA]

131

1.13

148

0.2

C4 Therapeutics Inc. [CCCC]

2.75

117

0.1

89bio Inc [ETNB]

18.95

0.1

Magenta Therapeutics Inc [MGTA]

121

0.76

0.1

Synlogic Inc [SYBX]

210

0.43

0.1

Adaptimmune Therapeutics PLC Sponsored ADR [ADAP]

0.93

0.1

Fate Therapeutics Inc. [FATE]

4.76

0.1

Precision BioSciences Inc. [DTIL]

0.53

0.1

Freeline Therapeutics Holdings Plc Sponsored ADR [FRLN]

2.58

0.0

Total

78,862

97.9

Cash and Other Assets Less Liabilities

2.1

Total Net Assets

100%

Sector Allocation

As of 6/30/2023

Disruptive Innovation Fund (HNMGX)

S&P 500 Index

Information Technology

HNMGX: 44.3%

Benchmark: 28.3%

Health Care

HNMGX: 21.3%

Benchmark: 13.4%

Consumer Discretionary

HNMGX: 13.3%

Benchmark: 10.6%

Financials

HNMGX: 7.8%

Benchmark: 12.5%

Communication Services

HNMGX: 4.8%

Benchmark: 8.4%

Industrials

HNMGX: 2.4%

Benchmark: 8.5%

Materials

HNMGX: 2.0%

Benchmark: 2.5%

Consumer Staples

HNMGX: 0.9%

Benchmark: 6.7%

Utilities

HNMGX: 0.4%

Benchmark: 2.6%

Energy

HNMGX: 0.0%

Benchmark: 4.1%

Real Estate

HNMGX: 0.0%

Benchmark: 2.5%

HNMGX: Disruptive Innovation Fund

Benchmark: S&P 500 Index

Sector Returns

As of 6/30/2023

Economic Sector

Disruptive Innovation Fund %

S&P 500 Index %

Industrials

25.1

6.3

Consumer Discretionary

12.9

14.6

Information Technology

10.0

17.2

Materials

7.9

3.3

Financials

5.2

5.3

Health Care

4.3

3.0

Communication Services

2.6

13.1

Real Estate

0.0

2.5

Energy

0.0

-0.9

Utilities

-3.1

-2.5

Consumer Staples

-37.1

0.4

Investment Team

The Fund employs a multi-manager approach in an effort to achieve its investment objective, offering the expertise of multiple investment managers in one Fund. As the fund sponsor, Harbor Capital assumes responsibility for selecting and overseeing underlying managers for the Fund. Each underlying manager is responsible for submitting a model portfolio to Harbor Capital, which the portfolio managers will implement in their discretion. The portfolio managers will handle the assigned allocation within the fund and will adjust over time based upon both qualitative and quantitative assessments of each strategy in an effort to enhance the investment outcome for the Fund.

Learn more about Harbor Multi-Asset Solutions

Spenser Lerner, CFA

Head of Multi-Asset Solutions, Managing Director and Portfolio Manager

Kristof Gleich, CFA

President & CIO of Harbor Capital Advisors, Inc.

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. Since the Fund may hold foreign securities, it may be subject to greater risks than funds invested only in the U.S. Investing in REITs will subject the Fund to additional risk. Investing in international and emerging markets poses special risks, including potentially greater price volatility due to social, political and economic factors, as well as currency exchange rate fluctuations. These risks are more severe for securities of issuers in emerging market regions.

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.

2832030