HNFSX Fees and Costs — Harbor Focused International Fund, Institutional Class
Data updated: 2022-06-29
The net expense ratio is 0.85%: a 0.75% management fee plus 0.34% other expenses, less a 0.24% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $17K in broker commissions, 0.0369% of average net assets, and portfolio turnover was 46%.
HNFSX Fees and Expenses
Annual operating expenses and sales charges of HNFSX. Prospectus, as of February 28, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.34% |
| Gross expense ratio | 1.09% |
| Fee waiver | −0.24% |
| Net expense ratio | 0.85% |
| 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 |
HNFSX Costs Over Time
On $10,000 invested in HNFSX, assuming 5% a year before costs, total costs come to $556 over 5 years, cutting the return by 0.93% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $93 | $305 | $556 |
| Value after costs | $10,407 | $11,271 | $12,207 |
| Impact on return, per year | 0.93% | 0.93% | 0.93% |
HNFSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0369%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 46%
- Securities on loan, average value: $0
- Net income from securities lending: $1K (0.002% of average net assets)
HNFSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $2K | 17.21% |
| UBS Securities LLC | $2K | 14.89% |
| Citigroup Global Markets Inc. | $2K | 14.38% |
| CLSA Americas, LLC | $2K | 13.20% |
| BofA Securities, Inc. | $2K | 10.64% |
| Sanford C. Bernstein & Co., LLC | $1K | 7.71% |
| J.P. Morgan Securities LLC | $935 | 6.47% |
| Barclays Capital Inc. | $754 | 5.21% |
| SMBC Nikko Securities America, Inc. | $746 | 5.16% |
| Jefferies LLC | $740 | 5.12% |
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.