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
- Consistent fund leadership since inception. See more
- A credit-oriented approach. See more
- ESG in convertible bond investing. See more
As of 2/14/2020
|Daily Change ($)||$0.02|
|Daily Change (%)||0.18%|
|Current 30-Day Sub. SEC Yield||-0.19%|
|Current 30-Day Unsub. SEC Yield||-0.24%|
|Effective 30-Day Sub. SEC Yield||-0.19%|
|Effective 30-Day Unsub. SEC Yield||-0.24%|
|Net Expense Ratio||1.03%|
|Gross Expense Ratio||1.08%|
|Total Net Assets (million)|
(As of 1/31/2020)
Top Ten Holdings
|Live Nation Entertainment Inc.||2.2%|
|Dish Network Corp.||2.1%|
|Blackstone Mortgage Trust Inc.||1.9%|
|BioMarin Pharmaceutical Inc.||1.8%|
|Marriott Vacations Worldwide Corp.||1.7%|
|Palo Alto Networks Inc.||1.5%|
|Liberty Latin America Ltd.||1.5%|
|Liberty Media Corp.||1.4%|
|% of Total Holdings:||17.3%|
As of 12/31/2019
Harbor Convertible Securities Fund charges a redemption fee of 1.00% on redemption of shares that are held for less than 90 days.
Performance data shown represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the past 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 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 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 BofAML 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.