Harbor Overseas Fund Institutional Class (HAOSX)

Fund Facts
Price (NAV) (09/20/2019) $10.06
Daily $ Change -$0.02 
Daily % Change -0.20% 
YTD Return (09/20/2019) 0.60%
Average Annual Total Returns Since Inception (As of 08/31/2019) -2.90%
Inception Date 03/01/2019
Net Expense Ratio 0.85%
Gross Expense Ratio 2.24%
Portfolio Manager
Acadian Asset Management LLC
Brendan O. Bradley, Ph.D.
Ryan Taliaferro, Ph.D,
Harry Gakidis, Ph.D.
Share Class Net Assets (08/31/2019) $12.377 million
Ticker HAOSX
Fund Number 2044
CUSIP 411512163
Why invest in Harbor Overseas Fund?
  • The Fund's subadviser, Acadian Asset Management LLC, employs an active quantitative investment strategy aimed at exploiting market inefficiencies using a systematic, multi-faceted, adaptable process.
  • Based on Acadian's history managing similar portfolios, we expect an active share between 80 and 90%, with meaningful over- and underweights on regions, countries and sectors versus the benchmark. Acadian is aware of the MSCI EAFE benchmark, but is not limited by it.
  • Harbor Overseas Fund is a broadly diversified fund that can serve as a core international equity holding in an investor's portfolio.
  • Harbor Overseas Fund provides exposure to the greater inefficiencies of small cap and emerging markets, within an all cap portfolio.

Why did Harbor select Acadian Asset Management LLC to subadvise the Fund?

  • Founded in 1986, Acadian delivers a highly-qualified, well-resourced investment team, led by investment professionals with decades of experience in non-U.S. equity investing, including in emerging markets equity investing.
  • They employ a well-rounded investment process, incorporating different bottom-up and top-down stock selection factors, with a commitment to identifying process enhancements, and a history of incorporating new elements into their approach based on rigorous research.
  • Acadian focuses on real-world considerations such as capacity, liquidity, and transaction costs, prioritizing investor returns over growing the size of the portfolio.

View or download the Harbor Overseas Fund Brochure

Read Acadian's thoughts on Investing With Big Data

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 MSCI EAFE (ND) Index is an unmanaged index generally representative of major overseas stock markets. This unmanaged index does not reflect fees and expenses and is not available for direct investment.

©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.

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.

Subject to an expense limitation agreement (excluding interest expense, if any) through February 29, 2020

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.