Harbor Ares Systematic Convertible Securities Fund;Invstr

Frequently Asked Questions About HICSX

What does HICSX invest in?

Under typical market circumstances, this fund allocates a significant portion—at least 80%—of its total capital, including any borrowed funds, to a varied collection of convertible securities. Furthermore, the fund primarily targets convertible instruments issued by corporate entities whose debt is assessed as sub-investment grade (specifically, below Baa3 by Moody's or BBB- by S&P or Fitch), often known in financial circles as "high-yield" or "junk" bonds.

What is the expense ratio of HICSX?

Harbor Ares Systematic Convertible Securities Fund;Invstr (HICSX) charges an expense ratio of 1.05%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HICSX?

Harbor Ares Systematic Convertible Securities Fund;Invstr (HICSX) manages $31.7M 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 HICSX actively managed or an index fund?

HICSX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was HICSX launched?

Harbor Ares Systematic Convertible Securities Fund;Invstr (HICSX) launched in May 2011 and is managed by the fund issuer.

How has HICSX performed?

HICSX'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.