- What does HNMVX invest in?
- This fund aims to deliver substantial overall growth over an extended period. Its portfolio primarily consists of equities, specifically common shares, issued by companies with a medium market capitalization. Typically, the fund commits a significant portion—at least 80% of its net assets, supplemented by any funds borrowed for investment purposes—to these mid-sized company holdings under regular market conditions. Overseen by its sub-advisor, the investment strategy is actively managed, employing a sophisticated quantitative analysis model to pinpoint and advise on investment choices. This methodology combines a "bottom-up" stock picking strategy with a "contrarian value" mindset, often seeking out undervalued firms that are overlooked by the broader market.
- What is the expense ratio of HNMVX?
- Harbor Mid Cap Value Fund Retirement Class (HNMVX) charges an expense ratio of 0.77%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is HNMVX?
- Harbor Mid Cap Value Fund Retirement Class (HNMVX) manages $447.3M 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 HNMVX actively managed or an index fund?
- HNMVX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (HNMVX's is 0.77%) in exchange for the discretion to over- or under-weight positions.
- When was HNMVX launched?
- Harbor Mid Cap Value Fund Retirement Class (HNMVX) launched in March 2016 and is managed by the fund issuer.
- How has HNMVX performed?
- HNMVX'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.
