Harbor Small Cap Growth Opportunities Fund Institutional Class (HASOX)

Fund Facts
Price (NAV) (09/20/2019) $9.78
Daily $ Change $0.01 
Daily % Change 0.10% 
YTD Return (09/20/2019) 11.52%
Average Annual Total Returns Since Inception (As of 08/31/2019) 5.19%
Inception Date 02/01/2014
Net Expense Ratio 0.89%
Gross Expense Ratio 0.89%
Portfolio Manager
Elk Creek Partners, LLC
Cam Philpott, CFA
David Hand, CFA
Hiren Patel, Ph.D.
Sean McGinnis, CFA
Share Class Net Assets (08/31/2019) $152.166 million
Overall Morningstar Rating (585 Small Growth funds)
Ticker HASOX
Fund Number 2037
CUSIP 411512668
Managed by Elk Creek Partners, LLC, the Harbor Small Cap Growth Opportunities Fund invests primarily in equity securities, principally common and preferred stocks, of small cap companies. We define small cap companies as those with market capitalizations that fall within the range of the Russell 2000® Growth Index (up to $2.5 billion).

The investment strategy focuses on identifying rapidly growing small cap companies that are in an early or transitional stage of their development, before their full potential is discovered by the market. The Subadviser utilizes bottom-up, fundamental research involving both quantitative and qualitative aspects to identify companies for investment.

Performance Summary Performance Details >

As of Quarter Ended 06/30/2019
YTD1 Year5 Year10 YearSince Inception

Growth of a Hypothetical $10,000 Investment

Minimum Investment

Investors who wish to purchase, exchange or redeem shares held through a financial intermediary should contact the financial intermediary directly. The minimum initial investment amounts are shown below. The minimums may be reduced or waived in some cases. There are no minimums for subsequent investments.

Account Type Institutional Class
Regular $50,000
Individual Retirement Account (IRA) $50,000
Custodial $50,000

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.

The Russell 2000® Growth Index is an unmanaged index representing the smallest 2000 stocks with the highest 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® Growth Index and Russell® are trademarks of Frank Russell Company.

The Harbor Small Cap Growth Opportunities Fund received a 2-star Overall Morningstar Rating™ as of 01/31/2019 out of 585 Small Growth funds. Small Cap Growth Opportunities Fund was rated 2-star among 585 domestic Small Growth funds for the three-year period ended 01/31/2019. The Morningstar Rating is for the Institutional share class only; other classes may have different performance characteristics.

©2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions contained herein (1) include the confidential and proprietary information of Morningstar, (2) may include, or be derived from, account information provided by your financial advisor which cannot be verified by Morningstar, (3) may not be copied or redistributed, (4) do not constitute investment advice offered by Morningstar, (5) are provided solely for informational purposes and therefore are not an offer to buy or sell a security, and (6) are not warranted to be correct, complete or accurate. Except as otherwise required by law, Morningstar shall not be responsible for any trading decisions, damages or other losses resulting from, or related to, this information, data, analyses or opinions or their use. This report is supplemental sales literature. If applicable it must be preceded or accompanied by a prospectus, or equivalent, and disclosure statement.

Restated to reflect current fees.

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.