Morningstar

Harbor Capital Appreciation Fund Institutional Class HACAX

Morningstar Medalist Rating
Medalist Rating as of | See Harbor Investment Hub
  • NAV / 1-Day Return 127.88  /  +0.99 %
  • Total Assets 26.2B
  • Adj. Expense Ratio
    0.670%
  • Expense Ratio 0.670%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 50,000
  • Status Open
  • TTM Yield 0.00
  • Turnover 28%

USD | NAV as of Aug 08, 2026 | 1-Day Return as of Aug 08, 2026, 12:11 AM GMT+0

Morningstar’s Analysis HACAX

Will HACAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HACAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HACAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HACAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A manager departure doesn’t dent this strategy’s appeal.

Associate Analyst Natalia Arrigoni

Natalia Arrigoni

Associate Analyst

Summary

Jennison Large Cap Growth Equity and its related vehicles, including Harbor Capital Appreciation and PGIM Jennison Growth, retain their Above Average People and Process ratings. Longtime manager Kathleen McCarragher’s retirement marks a notable change, but an experienced management team, deep research bench, and proven investment framework should keep this strategy on solid footing.

by Natalia Arrigoni
Rated on Published on

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Portfolio Holdings HACAX

More HACAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 55.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

10.15 3B
Technology

Apple Inc

6.85 2B
Technology

Amazon.com Inc

6.76 2B
Consumer Cyclical

Broadcom Inc

6.74 2B
Technology

Eli Lilly and Co

5.30 1B
Healthcare

Microsoft Corp

4.79 1B
Technology

Alphabet Inc Class C

4.32 1B
Communication Services

Alphabet Inc Class A

4.13 1B
Communication Services

Advanced Micro Devices Inc

3.88 989M
Technology

Tesla Inc

3.03 773M
Consumer Cyclical

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