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Harbor Disruptive Innovation Fund (HAMGX)

Harbor Disruptive Innovation Fund (HAMGX)

Overview
Performance
Holdings
Investment Team
Documents
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Class

Overview

Investment Team
Harbor Capital Advisors, Inc. dark blue logo on white background

Current Price

As of 2/29/2024

$6.09

Price (NAV)

$0.03

NAV Daily Change ($)

0.50%

NAV Daily Change (%)

11.13%

NAV YTD Return

Fund Facts

As of 2/29/2024

11/1/2000

Inception Date

0.83

Net Expense Ratio
disclaimer

0.91

Gross Expense Ratio

$45.533

Total Net Assets (million)
As of 2/29/2024

HAMGX

Ticker

2019

Fund Number

Institutional Class

Share Class

Top Ten Holdings

As of 12/31/2023

Company Name [Ticker]

% of Net Assets

Microsoft Corporation[MSFT]
4.8
Advanced Micro Devices Inc.[AMD]
3.4
Lam Research Corporation[LRCX]
3.2
MercadoLibre Inc.[MELI]
2.9
ServiceNow Inc.[NOW]
2.9
Amazon.com Inc.[AMZN]
2.6
ASML Holding NV[ASML]
2.4
Cadence Design Systems Inc.[CDNS]
2.4
Shopify Inc. Class A[SHOP]
2.4
Danaher Corporation[DHR]
2.4
% of Total Holdings:
29.4%

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

Month-End

3 Mo.

YTD Return

1 Yr.

3 Yr.

5 Yr.

10 Yr.

Since Inception

Net Expense Ratio

Gross Expense Ratio

Disruptive Innovation Fund
20.36%
11.13%
33.26%
-7.61%
7.89%
9.13%
6.03%
0.83%disclaimer
0.91%
S&P 500 Index
11.98%
7.11%
30.45%
11.91%
14.76%
12.70%
7.67%
--
--
Russell 3000® Growth Index
14.46%
9.25%
43.97%
11.37%
17.98%
15.09%
7.71%
--
--

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

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

12/18/2023
12/19/2023
12/19/2023
0.00000
--
0.00000
--
0.00000
--
0.00000
0.00000
5.43
12/16/2022
12/19/2022
12/19/2022
0.00000
--
0.00000
--
0.00000
--
0.00000
0.00000
4.15
12/17/2021
12/20/2021
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
12/17/2020
0.00000
0.00000
1.93063
0.75288
0.00000
1.17775
1.93063
0.00000
13.33
12/13/2019
12/16/2019
12/16/2019
0.00000
0.00000
2.17058
0.00000
0.00000
2.17058
2.17058
0.00000
9.32
12/14/2018
12/17/2018
12/17/2018
0.00000
0.00000
1.78258
0.25762
0.00000
1.52496
1.78258
0.00000
8.45
12/15/2017
12/18/2017
12/18/2017
0.00000
0.00000
1.21613
0.34479
0.00000
0.87134
1.21613
0.00000
10.38
12/16/2016
12/19/2016
12/19/2016
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
8.83
12/16/2015
12/17/2015
12/17/2015
0.00000
0.06299
1.06091
0.00000
0.00000
1.06091
1.12390
0.00000
8.60
12/17/2014
12/18/2014
12/18/2014
0.00000
0.00000
1.82617
0.26749
0.00000
1.55868
1.82617
0.00000
9.65
12/16/2013
12/17/2013
12/17/2013
0.00000
0.00000
1.83565
0.67261
0.00000
1.16304
1.83565
0.00000
10.34
12/14/2012
12/17/2012
12/17/2012
0.00000
0.00000
0.18749
0.00000
0.00000
0.18749
0.18749
0.00000
9.28
12/15/2011
12/16/2011
12/16/2011
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
7.69
12/16/2010
12/17/2010
12/17/2010
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
8.55
12/17/2009
12/18/2009
12/18/2009
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
6.85
12/18/2008
12/19/2008
12/19/2008
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
5.23
12/18/2007
12/19/2007
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
12/19/2006
0.00000
0.01663
0.03370
0.00000
0.00000
0.03370
0.05033
0.00000
7.97
12/19/2005
12/20/2005
12/20/2005
0.00000
0.00000
0.84516
0.00000
0.00000
0.84516
0.84516
0.00000
7.04
12/29/2004
12/30/2004
12/30/2004
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
6.65
12/29/2003
12/30/2003
12/30/2003
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
6.14
12/27/2002
12/30/2002
12/30/2002
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
4.20
12/26/2001
12/27/2001
12/28/2001
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
6.35

Holdings

Portfolio Characteristics

As of 12/31/2023

100

Number of Holdings

309987.6

Wtd Avg Market Cap ($Mil)

8.58

Price/Book Ratio

43.4

Adjusted Trailing P/E Ratio

19.6

% EPS Growth - Past 3 Yr

6.1

Return on Equity (%)

40.4

Forecasted P/E Ratio

Top Ten Holdings

As of 12/31/2023

Company Name [Ticker]

% of Net Assets

Microsoft Corporation[MSFT]
4.8
Advanced Micro Devices Inc.[AMD]
3.4
Lam Research Corporation[LRCX]
3.2
MercadoLibre Inc.[MELI]
2.9
ServiceNow Inc.[NOW]
2.9
Amazon.com Inc.[AMZN]
2.6
ASML Holding NV[ASML]
2.4
Cadence Design Systems Inc.[CDNS]
2.4
Shopify Inc. Class A[SHOP]
2.4
Danaher Corporation[DHR]
2.4
% of Total Holdings:
29.4%

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 12/31/2023

Company Name [Ticker]

Country

Shares (000's)

Current Price ($)

Market Value ($000's)

% of Net Assets

Microsoft Corporation [MSFT]
9
376.04
3,478
4.8
Advanced Micro Devices Inc. [AMD]
17
147.41
2,462
3.4
Lam Research Corporation [LRCX]
3
783.26
2,354
3.2
MercadoLibre Inc. [MELI]
1
1,571.54
2,104
2.9
ServiceNow Inc. [NOW]
3
706.49
2,108
2.9
Amazon.com Inc. [AMZN]
13
151.94
1,906
2.6
ASML Holding NV [ASML]
2
753.04
1,782
2.4
Cadence Design Systems Inc. [CDNS]
6
272.37
1,769
2.4
Shopify Inc. Class A [SHOP]
23
77.90
1,767
2.4
Danaher Corporation [DHR]
8
231.34
1,750
2.4
Block Inc. Class A [SQ]
22
77.35
1,718
2.4
Linde plc [LIN]
4
410.71
1,718
2.4
Progressive Corporation [PGR]
10
159.28
1,556
2.1
Fiserv Inc. [FI]
11
132.84
1,513
2.1
Texas Instruments Incorporated [TXN]
9
170.46
1,500
2.1
United Rentals Inc. [URI]
2
573.42
1,407
1.9
Autolus Therapeutics Plc Sponsored ADR [AUTL]
216
6.44
1,388
1.9
Adyen NV [ADYEN]
1
1,288.68
1,299
1.8
DexCom Inc. [DXCM]
10
124.09
1,243
1.7
Samsara Inc. Class A [IOT]
36
33.38
1,217
1.7
Alphabet Inc. Class A [GOOGL]
9
139.69
1,194
1.6
Cloudflare Inc Class A [NET]
14
83.26
1,147
1.6
Rocket Pharmaceuticals Inc. [RCKT]
37
29.97
1,116
1.5
Salesforce Inc. [CRM]
4
263.14
1,100
1.5
Ascendis Pharma A/S Sponsored ADR [ASND]
8
125.95
1,050
1.4
DoorDash Inc. Class A [DASH]
11
98.89
1,044
1.4
NVIDIA Corporation [NVDA]
2
495.22
1,001
1.4
Deliveroo plc Class A [ROO]
560
1.63
911
1.3
Chipotle Mexican Grill Inc. [CMG]
0
2,286.96
862
1.2
Snowflake Inc. Class A [SNOW]
4
199.00
813
1.1
Splunk Inc. [SPLK]
5
152.35
819
1.1
Agora Inc. Sponsored ADR Class A [API]
296
2.63
779
1.1
HubSpot Inc. [HUBS]
1
580.54
761
1.0
Procore Technologies Inc [PCOR]
11
69.22
760
1.0
Dada Nexus Ltd. Sponsored ADR [DADA]
219
3.32
728
1.0
Meta Platforms Inc. Class A [META]
2
353.96
704
1.0
Cognex Corporation [CGNX]
17
41.74
697
1.0
Workday Inc. Class A [WDAY]
2
276.06
690
1.0
Moderna Inc. [MRNA]
7
99.45
681
0.9
Palo Alto Networks Inc. [PANW]
2
294.88
679
0.9
Toast Inc. Class A [TOST]
37
18.26
670
0.9
Applied Materials Inc. [AMAT]
4
162.07
662
0.9
Datadog Inc Class A [DDOG]
5
121.38
662
0.9
Smartsheet Inc. Class A [SMAR]
14
47.82
658
0.9
Chart Industries Inc. [GTLS]
5
136.33
647
0.9
Lattice Semiconductor Corporation [LSCC]
9
68.99
648
0.9
Tesla Inc. [TSLA]
2
248.48
599
0.8
Krystal Biotech Inc. [KRYS]
4
124.06
544
0.8
Arvinas Inc. [ARVN]
12
41.16
514
0.7
Thermo Fisher Scientific Inc. [TMO]
1
530.79
506
0.7
ICON Plc [ICLR]
2
283.07
489
0.7
Zscaler Inc. [ZS]
2
221.56
486
0.7
Okta Inc. Class A [OKTA]
5
90.53
479
0.7
Atlassian Corp Class A [TEAM]
2
237.86
465
0.6
MongoDB Inc. Class A [MDB]
1
408.85
469
0.6
Arrowhead Pharmaceuticals Inc. [ARWR]
15
30.60
458
0.6
Microchip Technology Incorporated [MCHP]
5
90.18
423
0.6
REGENXBIO Inc. [RGNX]
24
17.95
426
0.6
Iovance Biotherapeutics Inc [IOVA]
50
8.13
410
0.6
Eli Lilly and Company [LLY]
1
582.92
388
0.5
Lonza Group AG [LONN]
1
420.25
389
0.5
Dynatrace Inc. [DT]
7
54.69
362
0.5
Catalent Inc [CTLT]
8
44.93
344
0.5
Bicycle Therapeutics Plc Sponsored ADR [BCYC]
19
18.08
336
0.5
IDEXX Laboratories Inc. [IDXX]
1
555.05
307
0.4
C4 Therapeutics Inc. [CCCC]
53
5.65
301
0.4
Intellia Therapeutics Inc. [NTLA]
10
30.49
292
0.4
Kymera Therapeutics Inc. [KYMR]
11
25.46
292
0.4
Inspire Medical Systems Inc. [INSP]
1
203.43
280
0.4
Cooper Companies Inc. [COO]
1
378.44
256
0.4
Insulet Corporation [PODD]
1
216.98
255
0.4
CCC Intelligent Solutions Holdings Inc [CCCS]
22
11.39
248
0.3
Legend Biotech Corp. Sponsored ADR [LEGN]
4
60.17
251
0.3
NICE Ltd. Sponsored ADR [NICE]
1
199.51
237
0.3
Paycom Software Inc. [PAYC]
1
206.72
241
0.3
Repare Therapeutics Inc. [RPTX]
32
7.30
235
0.3
Hubbell Incorporated [HUBB]
1
328.93
215
0.3
monday.com Ltd. [MNDY]
1
187.81
214
0.3
Avidity Biosciences Inc [RNA]
22
9.05
203
0.3
Alkermes Public Limited Company [ALKS]
7
27.74
191
0.3
Replimune Group Inc. [REPL]
22
8.43
189
0.3
Allogene Therapeutics Inc. [ALLO]
51
3.21
163
0.2
Lantheus Holdings Inc [LNTH]
3
62.00
162
0.2
uniQure N.V. [QURE]
22
6.77
152
0.2
Sea Limited Sponsored ADR Class A [SE]
4
40.50
146
0.2
Invitae Corp. [NVTA]
150
0.63
94
0.1
Freeline Therapeutics Holdings Plc Sponsored ADR [FRLN]
14
6.37
91
0.1
Adaptimmune Therapeutics PLC Sponsored ADR [ADAP]
104
0.79
83
0.1
Synlogic Inc [SYBX]
21
3.85
82
0.1
Fate Therapeutics Inc. [FATE]
11
3.74
40
0.1
89bio Inc [ETNB]
3
11.17
36
0.1
Precision BioSciences Inc. [DTIL]
103
0.37
37
0.1
Farfetch Ltd. Class A [FTCHF]
469
0.02
10
0.0
Mural Oncology Plc [MURA]
1
5.92
4
0.0
Total
--
--
--
70,918
97.4
Cash and Other Assets Less Liabilities
--
--
--
--
2.6
Total Net Assets
--
--
--
--
100%

As of 12/31/2023

Disruptive Innovation Fund (HNMGX)

S&P 500 Index

-

Information Technology

HNMGX: 46.2%

Benchmark: 28.9%

-

Health Care

HNMGX: 21.9%

Benchmark: 12.6%

-

Consumer Discretionary

HNMGX: 10.2%

Benchmark: 10.9%

-

Financials

HNMGX: 9.3%

Benchmark: 13.0%

-

Industrials

HNMGX: 3.4%

Benchmark: 8.9%

-

Communication Services

HNMGX: 2.8%

Benchmark: 8.6%

-

Materials

HNMGX: 2.4%

Benchmark: 2.4%

-

Consumer Staples

HNMGX: 1.0%

Benchmark: 6.1%

-

Energy

HNMGX: 0.0%

Benchmark: 3.9%

-

Real Estate

HNMGX: 0.0%

Benchmark: 2.5%

-

Utilities

HNMGX: 0.0%

Benchmark: 2.4%

HNMGX: Disruptive Innovation Fund

Benchmark: S&P 500 Index

As of 12/31/2023

Economic Sector

Disruptive Innovation Fund %

S&P 500 Index %

Financials

Economic sector icon
36.5
14.0

Health Care

Economic sector icon
20.9
6.4

Information Technology

Economic sector icon
20.8
17.1

Communication Services

Economic sector icon
11.0
11.0

Materials

Economic sector icon
10.6
9.7

Industrials

Economic sector icon
7.8
13.1

Consumer Discretionary

Economic sector icon
2.9
12.4

Utilities

Economic sector icon
0.0
8.6

Energy

Economic sector icon
0.0
-6.9

Real Estate

Economic sector icon
0.0
18.8

Consumer Staples

Economic sector icon
-25.4
5.5

Investment Team


Harbor Capital Advisors, Inc. dark blue logo on white background

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

Documents

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

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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.