HNACX Fees and Costs — Harbor Capital Appreciation Fund, Retirement Class
Data updated: 2026-09-25
The net expense ratio is 0.59%: a 0.60% management fee plus 0.04% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3.1M in broker commissions, 0.0110% of average net assets, and portfolio turnover was 28%.
HNACX Fees and Expenses
Annual operating expenses and sales charges of HNACX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.64% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.59% |
| 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 |
HNACX Costs Over Time
On $10,000 invested in HNACX, assuming 5% a year before costs, total costs come to $379 over 5 years, cutting the return by 0.63% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $207 | $379 |
| Value after costs | $10,437 | $11,369 | $12,384 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
HNACX 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): 0.0110%
- Total broker commissions: $3.1M
- Bought from dealers (principal trades, not a cost): $56
- Portfolio turnover (prospectus): 28%
- Securities on loan, average value: $15.4M
- Net income from securities lending: $23K (0.000% of average net assets)
HNACX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TD Securities (USA) LLC | $632K | 29.68% |
| Capital Institutional Services, Inc. | $342K | 16.08% |
| Evercore Group L.L.C. | $222K | 10.44% |
| Allen & Company LLC | $202K | 9.49% |
| Jefferies LLC | $154K | 7.21% |
| UBS Securities LLC | $121K | 5.68% |
| Sanford C. Bernstein & Co., LLC | $120K | 5.62% |
| Piper Sandler & Co. | $115K | 5.42% |
| Robert W. Baird & Co. Incorporated | $113K | 5.30% |
| Guggenheim Securities, LLC | $108K | 5.08% |
HNACX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Nomura Securities International, Inc. | $56 | 100.00% |
Harbor Capital Appreciation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| HNACX | Retirement Class | 0.59% | — |
| HACAX | Institutional Class | 0.67% | — |
| HRCAX | Administrative Class | 0.92% | — |
| HCAIX | Investor Class | 1.01% | — |
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.