Skip to Content
Morningstar

Harbor Capital Appreciation Instl HACAX

Morningstar Medalist Rating
Medalist Rating as of | See Harbor Investment Hub
  • NAV / 1-Day Return 103.77  /  −0.64 %
  • Total Assets 27.2 Bil
  • Adj. Expense Ratio
    0.680%
  • Expense Ratio 0.680%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 50,000
  • Status Open
  • TTM Yield —
  • Turnover 27%

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0

Morningstar’s Analysis HACAX

Will HACAX outperform in 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.

Remains worthy despite a dimmer view.

Senior Analyst Chris Tate

Chris Tate

Senior Analyst

Summary

While its approach is sound, reduced conviction in the team lowers the People rating to Above Average from High and drops the Jennison Large Cap Growth Equity strategy, including the Harbor Capital Appreciation and PGIM Jennison Growth funds, separate account, and offshore vehicles, from its lofty standing.

by Chris Tate
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings HACAX

More HACAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 51.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

8.81 2.5 Bil
Technology

Amazon.com Inc

8.32 2.4 Bil
Consumer Cyclical

Microsoft Corp

8.29 2.4 Bil
Technology

Meta Platforms Inc Class A

5.03 1.5 Bil
Communication Services

Broadcom Inc

4.14 1.2 Bil
Technology

Eli Lilly and Co

4.06 1.2 Bil
Healthcare

Advanced Micro Devices Inc

3.76 1.1 Bil
Technology

Apple Inc

3.66 1.1 Bil
Technology

Mastercard Inc Class A

2.83 816.7 Mil
Financial Services

Visa Inc Class A

2.79 803.8 Mil
Financial Services