# Harbor Large Cap Value Fund Institutional Class (HAVLX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/havlx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 1987-12-29 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 t... ## Key Facts | Metric | Value | |---|---| | Price | $20.87 | | Expense Ratio | 0.69% | | AUM (All Share Classes) | $870.5M | | NAV | $20.87 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 20.11% | | Annual Distribution (TTM) | $4.20 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $18.80 – $23.87 | | Beta | 0.78 | ## Latest Distribution - Amount: $0.0623 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### 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 $870.5M 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. ### Does HAVLX pay a dividend? Harbor Large Cap Value Fund Institutional Class (HAVLX) currently distributes little or no income. Trailing-twelve-month yield is 20.11%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does HAVLX pay dividends? Harbor Large Cap Value Fund Institutional Class pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is HAVLX's dividend yield? HAVLX's trailing-twelve-month yield is 20.11%, calculated from the sum of dividends over the past year divided by the current price. ### When is HAVLX's next ex-dividend date? The most recently announced ex-dividend date for HAVLX was 2026-09-30. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will HAVLX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.69% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does HAVLX charge its expense ratio? The expense ratio is deducted in tiny daily slices from HAVLX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does HAVLX cost more than a fund like VOO? HAVLX is actively managed (current expense ratio 0.69%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether HAVLX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to HAVLX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as HAVLX (0.69%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/havlx - Distribution history: https://www.dividenddata.com/funds/havlx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/havlx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/havlx/expenses - Peer comparison: https://www.dividenddata.com/funds/havlx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.