HISVX Fees and Costs — Harbor Small Cap Value Fund, Investor Class
Data updated: 2026-09-25
The net expense ratio is 1.22%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.22% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $476K in broker commissions, 0.0214% of average net assets, and portfolio turnover was 8%.
HISVX Fees and Expenses
Annual operating expenses and sales charges of HISVX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.22% |
| Gross expense ratio | 1.22% |
| Fee waiver | — |
| Net expense ratio | 1.22% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
HISVX Costs Over Time
On $10,000 invested in HISVX, assuming 5% a year before costs, total costs come to $773 over 5 years, cutting the return by 1.30% 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 1.22%) | $128 | $399 | $690 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $130 | $426 | $773 |
| Value after costs | $10,370 | $11,150 | $11,990 |
| Impact on return, per year | 1.30% | 1.30% | 1.30% |
HISVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0214%
- Total broker commissions: $476K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 8%
- Securities lending: none during the year
HISVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Capital Institutional Services, Inc. | $75K | 24.96% |
| TD Securities (USA) LLC | $58K | 19.20% |
| Nomura Securities International, Inc. | $26K | 8.71% |
| Piper Sandler & Co. | $26K | 8.57% |
| Citigroup Global Markets Inc. | $22K | 7.32% |
| PGM Global Inc. | $22K | 7.23% |
| JonesTrading Institutional Services LLC | $19K | 6.24% |
| BofA Securities, Inc. | $19K | 6.18% |
| Redburn (USA) LLC | $18K | 5.89% |
| KeyBanc Capital Markets Inc. | $17K | 5.70% |
Harbor Small Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| HNVRX | Retirement Class | 0.80% | — |
| HASCX | Institutional Class | 0.88% | — |
| HSVRX | Administrative Class | 1.13% | — |
| HISVX | Investor Class | 1.22% | — |
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.