HRIGX Fees and Costs — Harbor International Growth Fund, Administrative Class
Data updated: 2024-09-27
The net expense ratio is 1.10%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.18% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $77K in broker commissions, 0.0213% of average net assets, and portfolio turnover was 14%.
HRIGX Fees and Expenses
Annual operating expenses and sales charges of HRIGX. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.18% |
| Gross expense ratio | 1.18% |
| Fee waiver | −0.08% |
| Net expense ratio | 1.10% |
| 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 |
HRIGX Costs Over Time
On $10,000 invested in HRIGX, assuming 5% a year before costs, total costs come to $700 over 5 years, cutting the return by 1.18% 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 1.10%) | $116 | $360 | $623 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $118 | $385 | $700 |
| Value after costs | $10,382 | $11,191 | $12,063 |
| Impact on return, per year | 1.18% | 1.18% | 1.18% |
HRIGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0213%
- Total broker commissions: $77K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 14%
- Securities on loan, average value: $0
- Net income from securities lending: $4K (0.001% of average net assets)
HRIGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $14K | 23.11% |
| J.P. Morgan Securities LLC | $8K | 13.31% |
| Morgan Stanley & Co. LLC | $8K | 12.50% |
| Goldman Sachs & Co. LLC | $8K | 12.47% |
| BofA Securities, Inc. | $6K | 10.06% |
| Daiwa Capital Markets America Inc. | $5K | 8.46% |
| HSBC Securities (USA) Inc. | $4K | 6.81% |
| RBC Capital Markets, LLC | $4K | 5.71% |
| Mizuho Securities USA LLC | $2K | 3.89% |
| Citigroup Global Markets Inc. | $2K | 3.69% |
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.