Harbor Capital Appreciation Fund Class I (HACAX)

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Harbor Capital Appreciation Fund Class I (HACAX) is up 5.6% since the beginning of the year. HACAX is currently trading at $123 per share. Investors who bought $1,000 worth of HACAX shares 5 years ago would now be looking at an investment worth $1,838.

Harbor Capital Appreciation Fund Class I (HACAX) has returned 5.62% so far this year and 18.16% over the past 12 months. Looking at the last ten years, HACAX has achieved an annualized return of 19.03%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.

Based on dividend-adjusted daily data since Dec 29, 1987, HACAX's average daily return is +0.06%, while the average monthly return is +1.16%. At this rate, an investment would double in approximately 5.0 years.

Historically, 60% of months were positive and 40% were negative. The best month was Dec 1991 with a return of +16.2%, while the worst month was Aug 1998 at -19.0%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, HACAX closed higher 54% of trading days. The best single day was Dec 20, 2024 with a return of +23.5%, while the worst single day was Mar 16, 2020 at -12.6%.

Harbor Capital Appreciation Fund Class I has an annualized alpha of 3.30%, beta of 1.07, and R2 of 0.81 versus S&P 500 Index. Calculated based on daily prices since December 29, 1987.

• This fund captured 122.60% of S&P 500 Index gains and 105.83% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 3.30% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• With beta of 1.07 and R2 of 0.81, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

HACAX has an expense ratio of 0.71%, placing it in the medium range.

HACAX ranks 13 for risk / return — in the bottom 13% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Harbor Capital Appreciation Fund Class I provided a 10.65% dividend yield over the last twelve months, with an annual payout of $13.12 per share.

The table displays the monthly dividend distributions for Harbor Capital Appreciation Fund Class I. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Harbor Capital Appreciation Fund Class I. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Harbor Capital Appreciation Fund Class I was 63.05%, occurring on Mar 11, 2003. Recovery took 2565 trading sessions.

The current Harbor Capital Appreciation Fund Class I drawdown is 4.28%.

The chart below shows the rolling one-month volatility.