Harbor Small Cap Value Opportunities Fund

C000190916 Fund Overview

Harbor Small Cap Value Opportunities Fund is a US mutual fund managed by Harbor Funds, categorised as Developed ex-US Small Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Harbor Funds
• Category: Developed ex-US Small Cap Value Equity
• Assets under management: $31.66M
• SEC CIK: 0000793769
• SEC series ID: S000058223
• Share class ID: C000190916

C000190916 Investment Objective and Strategy

Harbor Small Cap Value Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Harbor Funds.

Investment objective

The Fund seeks long-term total return.

Principal investment strategy

The Fund invests primarily in equity securities, principally common stocks, of small cap companies. The Fund defines small cap companies as those with market capitalizations that fall within the range of the Russell 2000® Index, provided that if the upper end of the capitalization range of that Index falls below $2.5 billion, the Fund will continue to define those companies with market capitalizations between the upper end of the range of the Index and $2.5 billion as small cap companies. As of December 31, 2017, the range of the Index was $4 million to $8.9 billion, but it is expected to change frequently. The Subadviser employs a fundamental bottom-up, research intensive investment process to identify companies to own in the Fund. The Subadviser invests in companies that it believes possess sustainable business models supported by strong competitive positions, solid financial health, capable management teams, and/or attractive positioning in their industries.

The Subadviser seeks to invest in these types of companies at attractive valuation levels, typically below their estimate of the long-term intrinsic value of the business. Finally, the Subadviser attempts to identify value drivers that will cause the value of the company to appreciate towards the intrinsic value. The Fund's sector weightings are a result of the Subadviser's bottom-up stock selection process. A holding may be sold if it becomes fully valued, its fundamentals deteriorate, more attractive opportunities are identified, value drivers are realized, or value drivers are delayed beyond its investment horizon. Under normal market conditions, the Fund expects to invest in approximately 60 to 70 companies with at least 80% of its net assets, plus borrowings for investment purposes, in a portfolio of small cap equity securities.

The Fund may invest up to 10% of its total assets in the securities of foreign issuers.

C000190916 Costs and Fees

C000190916 costs about $126 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.26%
• Gross expense ratio: 1.42%
• Portfolio turnover: 73%
• Brokerage commissions: 27.30 bps of average net assets (SEC N-CEN)

C000190916 Cashflows

Over the 12 months to 2019-10, Harbor Small Cap Value Opportunities Fund had net inflows of $140.54K, from monthly SEC N-PORT filings.

C000190916 Debt Constituents

No individual debt constituents are reported in Harbor Small Cap Value Opportunities Fund's latest SEC N-PORT filing.

C000190916 Prospectus and SEC Filings

Official Harbor Small Cap Value Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2019-03-19
• Prospectus (485BPOS) — filed 2018-03-19
• Prospectus (485BPOS) — filed 2017-08-09
• Portfolio holdings (N-PORT) — filed 2019-12-23
• Annual census (N-CEN) — filed 2020-01-14
• Annual census (N-CEN) — filed 2019-01-14

Related Funds

Other Developed ex-US Small Cap Value Equity funds tracked on ABC INVEST:

• Dfa International Small Cap Value Portfolio (DISVX)
• Dimensional International Small Cap Value ETF (DISV)
• Schwab Fundamental International Small Equity ETF (FNDC)
• Brandes International Small Cap Equity Fund (BISAX)
• Transamerica International Small Cap Value (TISVX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.