- What does HGGAX invest in?
- This fund's primary objective is to achieve long-term capital appreciation. It primarily invests in the equity securities of companies situated across the globe, encompassing both developed and emerging markets. Under typical market conditions, the fund is expected to diversify its holdings across a minimum of three countries, with the United States being one of them. A substantial portion, at least 40% of its assets, will be allocated to companies based outside the U.S. The fund retains the flexibility to allocate capital to securities of companies located in emerging markets. However, this allocation is subject to a cap, not exceeding the higher of 30% of its total assets or three times the emerging markets component as represented in the MSCI All Country World Index.
- What is the expense ratio of HGGAX?
- An expense ratio for Harbor Global Leaders Fund Institutional Class (HGGAX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- How big is HGGAX?
- Harbor Global Leaders Fund Institutional Class (HGGAX) manages $40.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is HGGAX actively managed or an index fund?
- HGGAX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios because there's no security selection cost.
- When was HGGAX launched?
- Harbor Global Leaders Fund Institutional Class (HGGAX) launched in March 2009 and is managed by the fund issuer.
- How has HGGAX performed?
- HGGAX'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.
