- What does HAVLX invest in?
- This fund primarily channels its investments into common and preferred shares issued by sizable corporations. Under typical market conditions, a minimum of 80% of its net assets, combined with any borrowed capital utilized for investment, is allocated to securities of such large-capitalization enterprises. The sub-advisor employs a value-oriented strategy, seeking out high-quality businesses that they believe are trading below their inherent worth in the market. Additionally, the fund has the flexibility to commit up to one-fifth of its total holdings to international companies, including those operating in nascent economies.
- What is the expense ratio of HAVLX?
- Harbor Large Cap Value Fund Institutional Class (HAVLX) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is HAVLX?
- Harbor Large Cap Value Fund Institutional Class (HAVLX) is one share class of a fund that manages $860.1M across all of its share classes (HILVX, HNLVX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is HAVLX actively managed or an index fund?
- HAVLX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (HAVLX's is 0.69%) in exchange for the discretion to over- or under-weight positions.
- When was HAVLX launched?
- Harbor Large Cap Value Fund Institutional Class (HAVLX) launched in December 1987 and is managed by the fund issuer.
- How has HAVLX performed?
- HAVLX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
