Harbor Disruptive Innovation Fund (HAMGX)

Please note: Harbor Funds’ Board of Trustees has determined to liquidate and dissolve Harbor Disruptive Innovation Fund (the “Fund”). The Fund is currently scheduled to liquidate at the close of business on or about January 29, 2025. Please see the Fund's prospectus for more information.

Harbor Disruptive Innovation Fund (HAMGX)

Please note: Harbor Funds’ Board of Trustees has determined to liquidate and dissolve Harbor Disruptive Innovation Fund (the “Fund”). The Fund is currently scheduled to liquidate at the close of business on or about January 29, 2025. Please see the Fund's prospectus for more information.

Class
Overview
Performance
Holdings
Investment Team
Documents
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Overview

Investment Team
Harbor Capital Advisors, Inc. dark blue logo on white background

Current Price

As of 1/5/2024

$5.29

Price (NAV)

$0.01

NAV Daily Change ($)

0.19%

NAV Daily Change (%)

-3.47%

NAV YTD Return

Fund Facts

As of 12/31/2023

11/1/2000

Inception Date

0.83

Net Expense Ratio
disclaimer

0.99

Gross Expense Ratio

$72.965

Total Fund Net Assets (million)
As of 12/31/2023

$42.474

Total Share Class Net Assets (million)
As of 12/31/2023

HAMGX

Ticker

2019

Fund Number

Share Class:

Institutional Class

The pace of disruption and magnitude of technological advancement are reshaping the investment landscape.

Harbor Disruptive Innovation seeks long term growth of capital through a diverse exposure to leading edge

transformational companies across market segments.

Performance

Total Returns

Month-End

3 Mo.

YTD Return

1 Yr.

3 Yr.

5 Yr.

10 Yr.

Since Fund Inception

Net Expense Ratio

Gross Expense Ratio

Disruptive Innovation Fund
17.34%
33.01%
33.01%
-10.20%
10.22%
8.65%
5.59%
0.83%disclaimer
0.99%
S&P 500 Index
11.69%
26.29%
26.29%
10.00%
15.69%
12.03%
7.38%
--
--
Russell 3000® Growth Index
14.09%
41.21%
41.21%
8.08%
18.85%
14.33%
7.33%
--
--

Performance data shown represents past performance and is no guarantee of future results. Past performance is net of management fees and expenses and reflects reinvested dividends and distributions. Past performance reflects the beneficial effect of any expense waivers or reimbursements, without which returns would have been lower. Investment returns and principal value will fluctuate and when redeemed may be worth more or less than their original cost. Returns for periods less than one year are not annualized. Current performance may be higher or lower and is available through the most recent month end at harborcapital.com or by calling 800-422-1050.

The S&P 500 Index is an unmanaged index generally representative of the U.S. market for large capitalization equities. This unmanaged index does not reflect fees and expenses and is not available for direct investment.

The Russell 3000® Growth Index measures the performance of the broad growth segment of the US equity universe. It includes Russell 3000® Index companies with higher price-to-book ratios and higher forecasted growth values. It is market-capitalization weighted. This unmanaged index does not reflect fees and expenses and is not available for direct investment. The Russell 3000® Growth Index and Russell® are trademarks of Frank Russell Company.

Chart

Record Date

Reinvest Date

Payable Date

Return of Capital Non Taxable Dist

Ordinary Income

Total Capital Gains

Short Term Capital Gains

Mid Term Capital Gains

Long Term Capital Gains

Total Distribution

Foreign Tax Credit

Reinvest Price

12/18/2023
12/19/2023
12/19/2023
0.00000
--
0.00000
--
0.00000
--
0.00000
0.00000
5.43
12/16/2022
12/19/2022
12/19/2022
0.00000
--
0.00000
--
0.00000
--
0.00000
0.00000
4.15
12/17/2021
12/20/2021
12/20/2021
0.00000
--
5.41817
2.13093
0.00000
3.28724
5.41817
0.00000
7.13
12/16/2020
12/17/2020
12/17/2020
0.00000
0.00000
1.93063
0.75288
0.00000
1.17775
1.93063
0.00000
13.33
12/13/2019
12/16/2019
12/16/2019
0.00000
0.00000
2.17058
0.00000
0.00000
2.17058
2.17058
0.00000
9.32
12/14/2018
12/17/2018
12/17/2018
0.00000
0.00000
1.78258
0.25762
0.00000
1.52496
1.78258
0.00000
8.45
12/15/2017
12/18/2017
12/18/2017
0.00000
0.00000
1.21613
0.34479
0.00000
0.87134
1.21613
0.00000
10.38
12/16/2016
12/19/2016
12/19/2016
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
8.83
12/16/2015
12/17/2015
12/17/2015
0.00000
0.06299
1.06091
0.00000
0.00000
1.06091
1.12390
0.00000
8.60
12/17/2014
12/18/2014
12/18/2014
0.00000
0.00000
1.82617
0.26749
0.00000
1.55868
1.82617
0.00000
9.65
12/16/2013
12/17/2013
12/17/2013
0.00000
0.00000
1.83565
0.67261
0.00000
1.16304
1.83565
0.00000
10.34
12/14/2012
12/17/2012
12/17/2012
0.00000
0.00000
0.18749
0.00000
0.00000
0.18749
0.18749
0.00000
9.28
12/15/2011
12/16/2011
12/16/2011
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
7.69
12/16/2010
12/17/2010
12/17/2010
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
8.55
12/17/2009
12/18/2009
12/18/2009
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
6.85
12/18/2008
12/19/2008
12/19/2008
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
5.23
12/18/2007
12/19/2007
12/19/2007
0.00000
0.01032
0.45524
0.24720
0.00000
0.20804
0.46556
0.00000
9.13
12/18/2006
12/19/2006
12/19/2006
0.00000
0.01663
0.03370
0.00000
0.00000
0.03370
0.05033
0.00000
7.97
12/19/2005
12/20/2005
12/20/2005
0.00000
0.00000
0.84516
0.00000
0.00000
0.84516
0.84516
0.00000
7.04
12/29/2004
12/30/2004
12/30/2004
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
6.65
12/29/2003
12/30/2003
12/30/2003
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
6.14
12/27/2002
12/30/2002
12/30/2002
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
4.20
12/26/2001
12/27/2001
12/28/2001
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
0.00000
6.35

Holdings

Portfolio Characteristics

As of 9/30/2023

98

Number of Holdings

285547.1

Wtd Avg Market Cap ($Mil)

8

Price/Book Ratio

39.6

Adjusted Trailing P/E Ratio

22

% EPS Growth - Past 3 Yr

6.1

Return on Equity (%)

37.4

Forecasted P/E Ratio

Top Ten Holdings

As of 9/30/2023

Company Name [Ticker]

% of Net Assets

CONTRA MAGENTA THERAPE COMMON STOCK[null]
0.0
Microsoft Corporation[MSFT]
4.3
Amazon.com Inc.[AMZN]
3.8
Advanced Micro Devices Inc.[AMD]
3.4
Lam Research Corporation[LRCX]
3.1
ServiceNow Inc.[NOW]
3.1
MercadoLibre Inc.[MELI]
2.9
Danaher Corporation[DHR]
2.3
Cadence Design Systems Inc.[CDNS]
2.2
Linde plc[LIN]
2.2
% of Total Holdings:
NaN%

This information should not be considered as a recommendation to purchase or sell a particular security. The weightings, holdings, industry, sector, countries mentioned may change at any time and may not represent current or future investments.

As of 9/30/2023

Company Name [Ticker]

Country

Shares (000's)

Current Price ($)

Market Value ($000's)

% of Net Assets

Microsoft Corporation [MSFT]
United States Flag
10
315.75
3,009
4.3
Amazon.com Inc. [AMZN]
United States Flag
21
127.12
2,609
3.8
Advanced Micro Devices Inc. [AMD]
United States Flag
23
102.82
2,331
3.4
Lam Research Corporation [LRCX]
United States Flag
3
626.77
2,169
3.1
ServiceNow Inc. [NOW]
United States Flag
4
558.96
2,127
3.1
MercadoLibre Inc. [MELI]
United States Flag
2
1,267.88
1,998
2.9
Danaher Corporation [DHR]
United States Flag
7
248.10
1,615
2.3
Cadence Design Systems Inc. [CDNS]
United States Flag
7
234.30
1,534
2.2
Linde plc [LIN]
United States Flag
4
372.35
1,493
2.2
Tesla Inc. [TSLA]
United States Flag
6
250.22
1,467
2.1
Deliveroo plc Class A [ROO]
United Kingdom Flag
977
1.46
1,427
2.1
ASML Holding NV [ASML]
Netherlands Flag
2
591.95
1,410
2.0
Texas Instruments Incorporated [TXN]
United States Flag
9
159.01
1,402
2.0
Progressive Corporation [PGR]
United States Flag
10
139.30
1,358
2.0
Alphabet Inc. Class A [GOOGL]
United States Flag
10
130.86
1,316
1.9
Fiserv Inc. [FI]
United States Flag
11
112.96
1,279
1.8
Samsara Inc. Class A [IOT]
United States Flag
46
25.21
1,172
1.7
NVIDIA Corporation [NVDA]
United States Flag
3
434.99
1,162
1.7
Shopify Inc. Class A [SHOP]
Canada Flag
21
54.57
1,162
1.7
Block Inc. Class A [SQ]
United States Flag
25
44.26
1,103
1.6
United Rentals Inc. [URI]
United States Flag
2
444.57
1,045
1.5
Cloudflare Inc Class A [NET]
United States Flag
16
63.04
1,003
1.5
Salesforce Inc. [CRM]
United States Flag
5
202.78
1,005
1.5
DoorDash Inc. Class A [DASH]
United States Flag
12
79.47
992
1.4
Ascendis Pharma A/S Sponsored ADR [ASND]
Denmark Flag
10
93.64
943
1.4
Splunk Inc. [SPLK]
United States Flag
6
146.25
930
1.3
Agora Inc. Sponsored ADR Class A [API]
China Flag
365
2.53
922
1.3
DexCom Inc. [DXCM]
United States Flag
10
93.30
906
1.3
Adyen NV [ADYEN]
Netherlands Flag
1
747.16
848
1.2
Rocket Pharmaceuticals Inc. [RCKT]
United States Flag
41
20.49
838
1.2
Snowflake Inc. Class A [SNOW]
United States Flag
5
152.77
830
1.2
Dada Nexus Ltd. Sponsored ADR [DADA]
China Flag
184
4.45
817
1.2
Chart Industries Inc. [GTLS]
United States Flag
5
169.12
813
1.2
T-Mobile US Inc. [TMUS]
United States Flag
6
140.05
804
1.2
HubSpot Inc. [HUBS]
United States Flag
2
492.50
792
1.1
Okta Inc. Class A [OKTA]
United States Flag
10
81.51
789
1.1
Meta Platforms Inc. Class A [META]
United States Flag
2
300.21
705
1.0
Applied Materials Inc. [AMAT]
United States Flag
5
138.45
699
1.0
Chipotle Mexican Grill Inc. [CMG]
United States Flag
0
1,831.83
689
1.0
Datadog Inc Class A [DDOG]
United States Flag
8
91.09
690
1.0
Fortinet Inc. [FTNT]
United States Flag
11
58.68
649
0.9
Airbnb Inc. Class A [ABNB]
United States Flag
5
137.21
631
0.9
Atlassian Corp Class A [TEAM]
United States Flag
3
201.51
624
0.9
Palo Alto Networks Inc. [PANW]
United States Flag
3
234.44
603
0.9
Lattice Semiconductor Corporation [LSCC]
United States Flag
7
85.93
577
0.8
Smartsheet Inc. Class A [SMAR]
United States Flag
14
40.46
579
0.8
Procore Technologies Inc [PCOR]
United States Flag
9
65.32
569
0.8
Workday Inc. Class A [WDAY]
United States Flag
3
214.85
563
0.8
ICON Plc [ICLR]
United States Flag
2
246.25
514
0.7
Autolus Therapeutics Plc Sponsored ADR [AUTL]
United Kingdom Flag
204
2.33
476
0.7
MongoDB Inc. Class A [MDB]
United States Flag
1
345.86
477
0.7
Microchip Technology Incorporated [MCHP]
United States Flag
6
78.05
448
0.7
Thermo Fisher Scientific Inc. [TMO]
United States Flag
1
506.17
448
0.7
Cognex Corporation [CGNX]
United States Flag
10
42.44
423
0.6
Krystal Biotech Inc. [KRYS]
United States Flag
4
116.00
422
0.6
Moderna Inc. [MRNA]
United States Flag
4
103.29
422
0.6
Lonza Group AG [LONN]
Switzerland Flag
1
465.24
419
0.6
Eli Lilly and Company [LLY]
United States Flag
1
537.13
408
0.6
Arrowhead Pharmaceuticals Inc. [ARWR]
United States Flag
14
26.87
386
0.6
Toast Inc. Class A [TOST]
United States Flag
21
18.73
392
0.6
Replimune Group Inc. [REPL]
United States Flag
22
17.11
372
0.5
Farfetch Ltd. Class A [FTCH]
United States Flag
176
2.09
368
0.5
REGENXBIO Inc. [RGNX]
United States Flag
22
16.46
367
0.5
Repare Therapeutics Inc. [RPTX]
United States Flag
30
12.08
363
0.5
Inspire Medical Systems Inc. [INSP]
United States Flag
2
198.44
352
0.5
Bicycle Therapeutics Plc Sponsored ADR [BCYC]
United Kingdom Flag
17
20.09
347
0.5
Legend Biotech Corp. Sponsored ADR [LEGN]
United States Flag
5
67.17
335
0.5
Catalent Inc [CTLT]
United States Flag
7
45.53
324
0.5
Dynatrace Inc. [DT]
United States Flag
7
46.73
315
0.5
IDEXX Laboratories Inc. [IDXX]
United States Flag
1
437.27
289
0.4
Intellia Therapeutics Inc. [NTLA]
United States Flag
9
31.62
291
0.4
Bio-Rad Laboratories Inc. Class A [BIO]
United States Flag
1
358.45
284
0.4
CCC Intelligent Solutions Holdings Inc [CCCS]
United States Flag
20
13.35
261
0.4
Cooper Companies Inc. [COO]
United States Flag
1
318.01
266
0.4
Hubbell Incorporated [HUBB]
United States Flag
1
313.41
254
0.4
Sea Limited Sponsored ADR Class A [SE]
Singapore Flag
6
43.95
258
0.4
Arvinas Inc. [ARVN]
United States Flag
12
19.64
238
0.3
Alkermes Public Limited Company [ALKS]
United States Flag
8
28.01
229
0.3
Insulet Corporation [PODD]
United States Flag
1
159.49
230
0.3
NICE Ltd. Sponsored ADR [NICE]
Israel Flag
1
170.00
228
0.3
Zscaler Inc. [ZS]
United States Flag
1
155.59
231
0.3
Lantheus Holdings Inc [LNTH]
United States Flag
3
69.48
223
0.3
Iovance Biotherapeutics Inc [IOVA]
United States Flag
46
4.55
211
0.3
Sarepta Therapeutics Inc. [SRPT]
United States Flag
1
121.22
170
0.2
Allogene Therapeutics Inc. [ALLO]
United States Flag
49
3.17
155
0.2
Kymera Therapeutics Inc. [KYMR]
United States Flag
10
13.90
144
0.2
Avidity Biosciences Inc [RNA]
United States Flag
21
6.38
137
0.2
uniQure N.V. [QURE]
United States Flag
18
6.71
122
0.2
C4 Therapeutics Inc. [CCCC]
United States Flag
50
1.86
94
0.1
Invitae Corp. [NVTA]
United States Flag
160
0.61
97
0.1
Adaptimmune Therapeutics PLC Sponsored ADR [ADAP]
United Kingdom Flag
96
0.78
75
0.1
89bio Inc [ETNB]
United States Flag
4
15.44
63
0.1
Freeline Therapeutics Holdings Plc Sponsored ADR [FRLN]
United Kingdom Flag
9
4.30
38
0.1
Synlogic Inc [SYBX]
United States Flag
15
2.81
43
0.1
Precision BioSciences Inc. [DTIL]
United States Flag
95
0.34
32
0.1
Fate Therapeutics Inc. [FATE]
United States Flag
11
2.12
22
0.0
Total
--
--
--
68,062
98.1
Cash and Other Assets Less Liabilities
--
--
--
--
1.9
Total Net Assets
--
--
--
--
100%

As of 9/30/2023

Disruptive Innovation Fund (HNMGX)

S&P 500 Index

-

Information Technology

HNMGX: 45.7%

Benchmark: 27.5%

-

Health Care

HNMGX: 19.8%

Benchmark: 13.4%

-

Consumer Discretionary

HNMGX: 14.7%

Benchmark: 10.7%

-

Financials

HNMGX: 7.2%

Benchmark: 12.8%

-

Communication Services

HNMGX: 4.5%

Benchmark: 8.9%

-

Industrials

HNMGX: 3.1%

Benchmark: 8.3%

-

Materials

HNMGX: 2.2%

Benchmark: 2.5%

-

Consumer Staples

HNMGX: 1.2%

Benchmark: 6.5%

-

Energy

HNMGX: NaN%

Benchmark: 4.7%

-

Real Estate

HNMGX: NaN%

Benchmark: 2.4%

-

Utilities

HNMGX: NaN%

Benchmark: 2.4%

HNMGX: Disruptive Innovation Fund

Benchmark: S&P 500 Index

As of 9/30/2023

Economic Sector

Disruptive Innovation Fund %

S&P 500 Index %

Communication Services

Economic sector icon
2.1
3.1

Industrials

Economic sector icon
1.7
-5.2

Energy

Economic sector icon
0.0
12.2

Real Estate

Economic sector icon
0.0
-8.9

Materials

Economic sector icon
-2.0
-4.8

Consumer Discretionary

Economic sector icon
-6.2
-4.8

Information Technology

Economic sector icon
-6.5
-5.6

Health Care

Economic sector icon
-15.0
-2.7

Consumer Staples

Economic sector icon
-16.2
-6.0

Utilities

Economic sector icon
-22.3
-9.2

Financials

Economic sector icon
-23.9
-1.1

Investment Team


Harbor Capital Advisors, Inc. dark blue logo on white background

The Fund employs a multi-manager approach in an effort to achieve its investment objective, offering the expertise of multiple investment managers in one Fund. As the fund sponsor, Harbor Capital assumes responsibility for selecting and overseeing underlying managers for the Fund. Each underlying manager is responsible for submitting a model portfolio to Harbor Capital, which the portfolio managers will implement in their discretion. The portfolio managers will handle the assigned allocation within the fund and will adjust over time based upon both qualitative and quantitative assessments of each strategy in an effort to enhance the investment outcome for the Fund.

Learn more about Harbor Multi-Asset Solutions

Documents

Name

Date

File

Important Information

From time to time, certain fees and/or expenses have been voluntarily or contractually waived or reimbursed, which has resulted in higher returns. Without these waivers or reimbursements, the returns would have been lower. Voluntary waivers or reimbursements may be applied or discontinued at any time without notice. Only the Board of Trustees may modify or terminate contractual fee waivers or expense reimbursements.

As a result of changing market conditions, total net asset levels, expenses and other factors may change at any time during the current fiscal period and may differ from those shown.

There is no guarantee that the investment objective of the Fund will be achieved. Stock markets are volatile and equity values can decline significantly in response to adverse issuer, political, regulatory, market and economic conditions. Since the Fund may hold foreign securities, it may be subject to greater risks than funds invested only in the U.S.  Investing in REITs will subject the Fund to additional risk.  Investing in international and emerging markets poses special risks, including potentially greater price volatility due to social, political and economic factors, as well as currency exchange rate fluctuations. These risks are more severe for securities of issuers in emerging market regions.

Weighted Average Market Capitalization: The average size of the companies in a portfolio or index as measured by the market value of outstanding shares.

Price/Book: The price-to-book (P/B) ratio evaluates a firm's market value relative to its book value.

Adjusted Trailing P/E Ratio: The Adjusted Trailing P/E (Price/Earnings) Ratio is the closing stock price divided by the sum of the last 12 months actual EPS.

% EPS Growth – Past 3 year: Earnings per share refers to the bottom-line measure of a company’s profitability defined as net income divided by the number of outstanding shares.

Return on Equity: Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity.

Forecasted P/E Ratio: a measure of the P/E (price-to-earnings) ratio using forecasted earnings for the P/E calculation.

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Harbor Funds Distributors, Inc. is the Distributor of the Harbor Mutual Funds.
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Investing involves risk and the potential loss of capital.

Investors should carefully consider the investment objectives, risks, charges and expenses of a fund before investing. To obtain a summary prospectus or prospectus for this and other information, click here or call 800-422-1050. Read it carefully before investing.

All trademarks or product names mentioned herein are the property of their respective owners. Copyright © 2024 Harbor Capital Advisors, Inc. All rights reserved.