HGGIX Performance — Harbor Global Leaders Fund, Investor Class
Data updated: 2023-09-29
HGGIX returned +6.09% over one year to Jul 2023. The annualised 3-year return is +1.13%. The fund trailed its Europe Equity category average: $100 invested three years ago grew to $103, against $123 for the category, and to $106 over one year, against $113. Volatility over the past three years was 20.41% a year. In the 12 months to Jul 2023 the fund lost a net $34.8M, and assets reached $40.83M.
HGGIX Growth of $100
What $100 invested in Harbor Global Leaders Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Europe Equity category average over the same months.
| Period | HGGIX | Category average |
|---|---|---|
| 1 year (Aug 2022 – Jul 2023) | $106 | $113 |
| 3 years (Aug 2020 – Jul 2023) | $103 | $123 |
| Since data start (Aug 2019 – Jul 2023) | $121 | $126 |
HGGIX Trailing Returns
Total returns to Jul 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +6.09% |
| 3 years (annualised) | +1.13% |
HGGIX Annual Returns
Calendar-year total returns of Harbor Global Leaders Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jul) | +17.06% |
| 2022 | −29.92% |
| 2021 | +7.13% |
| 2020 | +26.21% |
| 2019 (Aug–Dec) | +8.89% |
HGGIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +8.7% | −2.9% | +2.6% | +0.6% | +0.3% | +5.1% | +1.9% | — | — | — | — | — |
| 2022 | −10.4% | −2.2% | +2.1% | −11.9% | −2.8% | −8.4% | +10.3% | −6.5% | −10.6% | +6.7% | +8.4% | −6.3% |
| 2021 | −2.2% | +1.8% | −1.1% | +4.5% | +1.1% | +3.3% | +3.3% | +2.3% | −4.9% | +6.1% | −6.8% | +0.4% |
| 2020 | +1.4% | −6.0% | −13.7% | +11.4% | +7.0% | +3.3% | +5.9% | +5.7% | −1.4% | −2.4% | +10.8% | +4.4% |
| 2019 | — | — | — | — | — | — | — | +1.0% | −0.3% | +1.8% | +3.4% | +2.8% |
HGGIX Risk
Risk measures from monthly returns over Aug 2020 – Jul 2023.
- 3-year volatility (annualised): 20.41%
- 3-year Sharpe ratio: -0.16 (vs 4.5% risk-free rate)
- Best month: +10.77% (Nov 2020)
- Worst month: −11.93% (Apr 2022)
HGGIX Fund Flows
Monthly money in and out of Harbor Global Leaders Fund, from SEC Form N-PORT.
- 12-month net flow: −$34.8M
- 12-month gross sales (incl. reinvestments): $9.0M
- Sales ÷ redemptions: 0.20×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2023 | $185K | $5.9M | −$5.7M |
| Jun 2023 | $87K | $12.6M | −$12.5M |
| May 2023 | $101K | $11.1M | −$11.0M |
| Apr 2023 | $313K | $2.3M | −$2.0M |
| Mar 2023 | $128K | $667K | −$539K |
| Feb 2023 | $276K | $1.7M | −$1.4M |
| Jan 2023 | $270K | $2.2M | −$2.0M |
| Dec 2022 | $5.6M | $1.5M | $4.2M |
| Nov 2022 | $455K | $1.6M | −$1.1M |
| Oct 2022 | $572K | $1.5M | −$905K |
| Sep 2022 | $270K | $1.9M | −$1.6M |
| Aug 2022 | $677K | $976K | −$299K |
HGGIX Assets Under Management
Net assets of Harbor Global Leaders Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-07-31 | $40.83M |
| 2023-04-30 | $66.54M |
| 2023-01-31 | $70.27M |
| 2022-10-31 | $67.63M |
| 2022-07-31 | $78.94M |
| 2022-04-30 | $85.39M |
| 2022-01-31 | $105.70M |
| 2021-10-31 | $142.41M |
| 2021-07-31 | $138.62M |
| 2021-04-30 | $134.42M |
| 2021-01-31 | $139.93M |
| 2020-10-31 | $131.15M |
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.