- What does HRMVX invest in?
- The fund aims to generate strong long-term total returns. It primarily allocates capital to equity securities, particularly common stocks, issued by companies of medium capitalization. Under typical market conditions, at least 80% of its net assets—including any borrowed funds used for investment—are committed to securities of mid-cap companies. The Subadviser implements an actively managed strategy, leveraging a quantitative investment model to inform its selection process, employing a bottom-up and contrarian value philosophy to identify opportunities.
- What is the expense ratio of HRMVX?
- Harbor Mid Cap Value Fund Administrative Class (HRMVX) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is HRMVX?
- Harbor Mid Cap Value Fund Administrative Class (HRMVX) manages $446.4M 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 HRMVX actively managed or an index fund?
- HRMVX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (HRMVX's is 1.10%) in exchange for the discretion to over- or under-weight positions.
- When was HRMVX launched?
- Harbor Mid Cap Value Fund Administrative Class (HRMVX) launched in October 2002 and is managed by the fund issuer.
- How has HRMVX performed?
- HRMVX'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.
