HIMGX Fees and Costs — Harbor Disruptive Innovation Fund, Investor Class
Data updated: 2025-01-14
The net expense ratio is 1.19%: a 0.70% management fee, a 0.25% 12b-1 fee plus 0.40% other expenses, less a 0.16% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $57K in broker commissions, 0.0797% of average net assets, and portfolio turnover was 72%.
HIMGX Fees and Expenses
Annual operating expenses and sales charges of HIMGX. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.40% |
| Gross expense ratio | 1.35% |
| Fee waiver | −0.16% |
| Net expense ratio | 1.19% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
HIMGX Costs Over Time
On $10,000 invested in HIMGX, assuming 5% a year before costs, total costs come to $790 over 5 years, cutting the return by 1.33% 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 1.19%) | $125 | $389 | $672 |
| Trading costs (broker commissions) | $8 | $26 | $45 |
| Lost growth on money paid in costs | $0 | $21 | $73 |
| Total costs | $133 | $435 | $790 |
| Value after costs | $10,367 | $11,141 | $11,973 |
| Impact on return, per year | 1.33% | 1.33% | 1.33% |
HIMGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0797%
- Total broker commissions: $57K
- Bought from dealers (principal trades, not a cost): $116
- Portfolio turnover (prospectus): 72%
- Securities lending: none during the year
HIMGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $40K | 68.86% |
| Mischler Financial Group, Inc. | $16K | 28.03% |
| BofA Securities, Inc. | $2K | 2.65% |
| Virtu Americas LLC | $259 | 0.45% |
| Goldman Sachs & Co. LLC | $4 | 0.01% |
HIMGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $116 | 100.00% |
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.