A Standout Silver-Rated Equity Fund
We have a lot of confidence in Harbor Capital Appreciation with its veteran team and below-average fees.
Robby Greengold: Harbor Capital Appreciation is a Silver-rated equity fund that we continue to have a lot of confidence in. This is a large-growth-oriented strategy committed to its declared investment style. Its portfolio is chock-full of some of the largest companies in the world, and its average estimated five-year earnings-growth rate recently ranked among the top decile of the large-growth Morningstar Category.
At the helm are Kathleen McCarragher and Sig Segalas, both veteran growth managers who have worked alongside each other for about 20 years at Jennison Associates, the fund's subadvisor. They have the support of a seasoned and stable team. There are seven other growth-managers at Jennison, whose expertise and input benefit the strategy. All have at least 20 years of industry experience, and almost all have been with the firm for 10 years or more. About a dozen equity analysts directly support the research efforts. They also have long tenures at the firm.