C000190915 Fees and Costs — Harbor Small Cap Value Opportunities Fund, Administrative Class
Data updated: 2020-01-14
The net expense ratio is 1.14%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.30% other expenses, less a 0.16% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $86K in broker commissions, 0.2730% of average net assets, and portfolio turnover was 73%.
C000190915 Fees and Expenses
Annual operating expenses and sales charges of C000190915. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.30% |
| Fee waiver | −0.16% |
| Net expense ratio | 1.14% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000190915 Costs Over Time
On $10,000 invested in C000190915, assuming 5% a year before costs, total costs come to $877 over 5 years, cutting the return by 1.48% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.14%) | $120 | $372 | $642 |
| Trading costs (broker commissions) | $29 | $89 | $154 |
| Lost growth on money paid in costs | $0 | $23 | $81 |
| Total costs | $148 | $484 | $877 |
| Value after costs | $10,352 | $11,092 | $11,886 |
| Impact on return, per year | 1.48% | 1.48% | 1.48% |
C000190915 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.2730%
- Total broker commissions: $86K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 73%
- Securities lending: none during the year
C000190915 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $9K | 16.54% |
| J.P. Morgan Securities LLC | $6K | 11.40% |
| BofA Securities, Inc. | $6K | 11.06% |
| Jefferies LLC | $6K | 10.56% |
| Credit Suisse Securities (USA) LLC | $6K | 9.79% |
| Raymond James Financial, Inc. | $5K | 9.29% |
| KeyBanc Capital Markets Inc. | $5K | 8.06% |
| Morgan Stanley & Co. LLC | $4K | 7.92% |
| Robert W. Baird & Co. Incorporated | $4K | 7.81% |
| JonesTrading Institutional Services LLC | $4K | 7.58% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.