HNCVX – Harbor Ares Systematic Cnvrt Scs Ret Investment Strategy | Morningstar

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Strategy

The investment seeks to maximize total returns (i.e., current income and capital appreciation). Under normal market conditions, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in a diversified portfolio of convertible securities. It invests primarily in U.S. dollar denominated securities, including those of foreign issuers; however, the fund may invest in securities denominated in other currencies.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
HICSX	Harbor Ares Systematic Convertible Securities Fund – Investor Class	No Load	Open			May 2, 2011	$537,573.00	1.050%	Above Average	$2,500	−$945,599.12
HACSX	Harbor Ares Systematic Convertible Securities Fund – Institutional Class	Institutional	Open			May 2, 2011	$34.06M	0.710%	Below Average	$1,000	$8.79M
HNCVX	Harbor Ares Systematic Convertible Securities Fund – Retirement Class	Retirement, Large	Open			Mar 1, 2016	$19.05M	0.630%	Average	$1M	$1.23M

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