HYFAX Performance — Harbor High-Yield Bond Fund, Institutional Class
Data updated: 2023-03-31
HYFAX returned −4.35% over one year to Jan 2023. The annualised 3-year return is +1.10%. The fund beat its High Yield Bond category average: $100 invested three years ago grew to $103, against $103 for the category, and to $96 over one year, against $95. Volatility over the past three years was 10.17% a year. In the 12 months to Jan 2023 the fund lost a net $89.4M, and assets reached $195.23M.
HYFAX Growth of $100
What $100 invested in Harbor High-Yield Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.
| Period | HYFAX | Category average |
|---|---|---|
| 1 year (Feb 2022 – Jan 2023) | $96 | $95 |
| 3 years (Feb 2020 – Jan 2023) | $103 | $103 |
| Since data start (Aug 2019 – Jan 2023) | $106 | $105 |
HYFAX Trailing Returns
Total returns to Jan 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −4.35% |
| 3 years (annualised) | +1.10% |
HYFAX Annual Returns
Calendar-year total returns of Harbor High-Yield Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jan) | +2.50% |
| 2022 | −8.76% |
| 2021 | +4.26% |
| 2020 | +5.76% |
| 2019 (Aug–Dec) | +3.23% |
HYFAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +2.5% | — | — | — | — | — | — | — | — | — | — | — |
| 2022 | −2.2% | −0.9% | −0.6% | −3.0% | +0.1% | −5.9% | +5.4% | −1.9% | −3.4% | +2.6% | +1.6% | −0.3% |
| 2021 | +0.2% | +0.4% | 0.0% | +0.9% | +0.3% | +1.4% | +0.3% | +0.5% | −0.1% | −0.1% | −1.1% | +1.6% |
| 2020 | −0.2% | −1.3% | −10.5% | +4.3% | +3.9% | +0.6% | +4.4% | +0.6% | −1.0% | +0.2% | +3.8% | +1.8% |
| 2019 | — | — | — | — | — | — | — | +0.6% | +0.6% | +0.1% | +0.4% | +1.5% |
HYFAX Risk
Risk measures from monthly returns over Feb 2020 – Jan 2023.
- 3-year volatility (annualised): 10.17%
- 3-year Sharpe ratio: -0.33 (vs 4.5% risk-free rate)
- Best month: +5.39% (Jul 2022)
- Worst month: −10.54% (Mar 2020)
HYFAX Fund Flows
Monthly money in and out of Harbor High-Yield Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$89.4M
- 12-month gross sales (incl. reinvestments): $120.1M
- Sales ÷ redemptions: 0.57×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2023 | $4.0M | $30.2M | −$26.2M |
| Dec 2022 | $4.3M | $77.4M | −$73.2M |
| Nov 2022 | $21.0M | $12.9M | $8.1M |
| Oct 2022 | $23.9M | $12.6M | $11.3M |
| Sep 2022 | $7.6M | $5.4M | $2.2M |
| Aug 2022 | $4.8M | $8.1M | −$3.3M |
| Jul 2022 | $2.5M | $12.5M | −$10.1M |
| Jun 2022 | $15.7M | $14.3M | $1.4M |
| May 2022 | $8.4M | $11.0M | −$2.6M |
| Apr 2022 | $7.0M | $8.2M | −$1.1M |
| Mar 2022 | $13.3M | $6.3M | $7.0M |
| Feb 2022 | $7.6M | $10.5M | −$2.9M |
HYFAX Assets Under Management
Net assets of Harbor High-Yield Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-01-31 | $195.23M |
| 2022-10-31 | $280.83M |
| 2022-07-31 | $281.76M |
| 2022-04-30 | $300.00M |
| 2022-01-31 | $314.39M |
| 2021-10-31 | $361.26M |
| 2021-07-31 | $359.15M |
| 2021-04-30 | $387.37M |
| 2021-01-31 | $417.86M |
| 2020-10-31 | $429.45M |
| 2020-07-31 | $411.98M |
| 2020-04-30 | $388.47M |
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.