Why choose the Harbor Convertible Securities Fund?
- The risk profile of bonds with the growth possibilities of stocks. See more
- Conservative from the ground up. See more
- Managed by leveraged finance pioneers. See more
- A credit-oriented approach. See more
- ESG in convertible bond investing. See more
As of 9/17/2021
|NAV Daily Change ($)||$0.02|
|NAV Daily Change (%)||0.15%|
|NAV YTD Return||3.55%|
|Current 30-Day Sub. SEC Yield||-0.01%|
|Current 30-Day Unsub. SEC Yield||-0.06%|
|Effective 30-Day Sub. SEC Yield||-0.01%|
|Effective 30-Day Unsub. SEC Yield||-0.06%|
|Net Expense Ratio||0.77%|
|Gross Expense Ratio||0.82%|
|Total Net Assets (million)|
(As of 8/31/2021)
Top Ten Holdings
|SPLUNK INC 06/27 1.125||1.7%|
|Dish Network Corp.||1.6%|
|BioMarin Pharmaceutical Inc.||1.4%|
|COINBASE GLOBAL INC SR UNSECURED 144A 06/26 0.5||1.2%|
|VAIL RESORTS INC SR UNSECURED 144A 01/26 0.0000||1.2%|
|j2 Global Inc.||1.2%|
|SILICON LABORATORIES INC 06/25 0.625||1.1%|
|DRAFTKINGS INC SR UNSECURED 144A 03/28 0.0000||1.1%|
|Liberty Media Corp.||1.1%|
|Euronet Worldwide Inc.||1.1%|
|% of Total Holdings:||12.7%|
As of 6/30/2021
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 harborfunds.com or by calling 800-422-1050.
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.
There is no guarantee that the investment objective of the Fund will be achieved. Convertible securities generally tend to be of lower credit quality and the value of a convertible security generally increases and decreases with the value of the underlying common stock, but may also be sensitive to changes in interest rates. As interest rates rise, the values of convertible securities held by the Fund are likely to decrease and reduce the value of the Fund's portfolio. Credit risk is higher for the Fund because it invests primarily in convertible securities of companies with debt rated below investment grade. High yield investing poses additional credit risk related to lower-rated bonds.
The ICE BofA US Convertible Ex Mandatory Index is broadly representative of the U.S. convertible securities market, consisting of publicly traded issues, denominated in U.S. Dollars, of all credit qualities, and excluding mandatory (equity-linked) convertibles. This unmanaged index does not reflect fees and expenses and is not available for direct investment.