- 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 Convertible Securities Fd Investor Class (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 Convertible Securities Fd Investor Class (HICSX) manages $33.6M 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 Convertible Securities Fd Investor Class (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.
