Harbor Small Company Value Fund Institutional Class (HASMX)

Investor Class | Institutional Class | Administrative Class
Fund Facts
Price (NAV) (09/08/2010) $7.24
Daily $ Change $0.08 
Daily % Change 1.12% 
YTD Return (09/08/2010) 7.26%
Average Annual Total Returns Since Inception (As of 08/31/2010) -8.87%
Inception Date 5/1/2007
Net Expense Ratio 0.97%
Gross Expense Ratio 3.08%
Portfolio Manager
Evercore Asset Management, LLC
Andrew Moloff
Greg Sawers
Total Net Assets (08/31/2010) $14.824 million
Overall Morningstar Rating
(310 Small Value funds)
Ticker HASMX
Fund Number 2028
CUSIP 411511421
WSJ Symbol n/a
Investment Style
Overview

The Harbor Small Company Value Fund is subadvised by Evercore Asset Management, LLC. The Fund primarily invests in equity securities – common and preferred stocks – of small cap companies. The portfolio manager's strategy is to invest in undervalued companies that have the potential to generate attractive returns in the long term. By employing a fundamental, bottom-up research model, the focus is on companies that the manager believes:

  • Have a compelling valuation relative to its long-term normalized earning power
  • Show attractive valuations as a result of market overreactions to recent events
  • Have an understandable business model and a plan to improve the business
  • Show an emerging competitive advantage. 

Get a prospectus >>

Performance Summary Performance Details >

As of Quarter-Ended 06/30/2010
YTD1 Year5 Year10 YearSince Inception
1.33%42.62%N/AN/A-9.69%

Growth of a Hypothetical $10,000 Investment

Potential Risk & Return - Domestic Equity Funds

Performance data shown represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data shown. Investment returns and the value of an investment will fluctuate, and an investor's shares, when sold, may be worth more or less than their original cost. You can obtain performance data current to the most recent month-end (available within seven business days after the most recent month-end) by calling 800-422-1050 or visiting www.harborfunds.com.

The Harbor Funds performance shown assumes the reinvestment of dividend and capital gain distributions and is net of management fees and expenses. Returns for periods less than one year are not annualized.

From time to time, certain fees and/or expenses have been voluntarily waived, which has resulted in higher returns. Without these waivers, the returns would have been lower. Voluntary waivers may be applied or discontinued at any time without notice.

The Russell 2000® Value Index is an unmanaged index representing the smallest 2000 stocks with the lowest price-to-book ratio and future earnings. This unmanaged index does not reflect fees and expenses and is not available for direct investment. The Russell 2000® Value Index and Russell® are trademarks of Russell Investments.

The Russell 2500™ Value Index is composed of the smallest 2500 of the 3000 largest U.S. companies based on total market capitalization with lower price-to-book ratios and lower forecast growth values. This unmanaged index does not reflect fees and expenses and is not available for direct investment. The Russell 2500™ Value Index and Russell® are trademarks of Russell Investments.

The Harbor Small Company Value Fund received a 1-star Overall Morningstar Rating™ as of 07/31/2010 out of 310 Small Value funds. Small Company Value Fund was rated 1-star among 310 domestic Small Value funds for the three-year period ended 07/31/2010. The Morningstar Rating is for the Institutional share class only; other classes may have different performance characteristics.

I'd Like To...
Quick Links
Overview Strategy Performance Holdings Management Fees & Expenses Documents

Ex-Date. The date on which a Fund's net asset value (NAV) will fall by an amount equal to the dividend and/or capital gain distribution plus or minus any change in the value of the Fund's holdings.

Contractual until 02/28/2011

About Expense Ratios: All mutual funds have expense ratios which represent what shareholders pay for operating expenses and management fees. Expense ratios are expressed as an annualized percentage of a fund's average net assets paid out in expenses. Net expense ratios reflect adjustments due to voluntary or contractual fee waivers or expense reimbursements. Expense ratio information is as of the Fund's current prospectus, as revised and supplemented from time to time.