C000194990 Fees and Costs — Harbor High-Yield Opportunities Fund, Retirement Class
Data updated: 2020-09-25
The net expense ratio is 0.65%: a 0.60% management fee plus 0.14% other expenses, less a 0.09% fee waiver. This share class carries a redemption fee of 1.00%. Portfolio turnover was 94%.
C000194990 Fees and Expenses
Annual operating expenses and sales charges of C000194990. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.14% |
| Gross expense ratio | 0.74% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.65% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000194990 Costs Over Time
On $10,000 invested in C000194990, assuming 5% a year before costs, total costs come to $409 over 5 years, cutting the return by 0.68% 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 0.65%) | $68 | $214 | $372 |
| Lost growth on money paid in costs | $0 | $11 | $37 |
| Total costs | $68 | $224 | $409 |
| Value after costs | $10,432 | $11,352 | $12,353 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
C000194990 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $130.1M
- Portfolio turnover (prospectus): 94%
- Securities lending: none during the year
C000194990 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $22.3M | 18.58% |
| BofA Securities, Inc. | $22.1M | 18.43% |
| J.P. Morgan Securities LLC | $20.4M | 16.99% |
| Barclays Capital Inc. | $12.9M | 10.75% |
| Credit Suisse Securities (USA) LLC | $10.7M | 8.91% |
| Citigroup Global Markets Inc. | $10.2M | 8.51% |
| Wells Fargo Securities, LLC | $6.1M | 5.10% |
| Morgan Stanley & Co. LLC | $5.7M | 4.78% |
| Jefferies LLC | $5.6M | 4.69% |
| UBS Securities LLC | $3.9M | 3.27% |
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.