A topnotch team, well-executed process, and Morningstar's enhanced ratings methodology underpin the upgrade of Harbor Capital Appreciation's Morningstar Analyst Rating to Gold from Silver for its institutional and retirement shares. Pricier share classes remain Silver.
Harbor Capital Appreciation Instl HACAX
NAV / 1-Day Return
107.82
/
0.63
%
Total Assets
39.2 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.670%
Expense Ratio
0.670%
Fee Level
Below Average
Longest Manager Tenure
31.12
years
Category
Large Growth
Investment Style
Large GrowthMin. Initial Investment
50,000
Status
Open
TTM Yield
0.00%
Turnover
51%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
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.
An outstanding team and excellent execution make this aggressive-growth option worthwhile.
