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ISIN
US4115122396
CUSIP
411512239
Issuer
Harbor
Inception Date
Jun 1, 2018
Min. Investment
$1,000
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

HACBX Performance Chart

Harbor Core Bond Fund (HACBX) is up 0.6% since the beginning of the year. HACBX is currently trading at $9 per share. Investors who bought $1,000 worth of HACBX shares 5 years ago would now be looking at an investment worth $999.


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S&P 500 Index

Returns By Period

Harbor Core Bond Fund (HACBX) has returned 0.64% so far this year and 4.80% over the past 12 months.


Harbor Core Bond Fund

1D
0.23%
1M
0.82%
YTD
0.64%
6M
0.76%
1Y
4.80%
3Y*
4.11%
5Y*
-0.02%
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HACBX Monthly Returns History

Based on dividend-adjusted daily data since Jun 4, 2018, HACBX's average daily return is +0.01%, while the average monthly return is +0.19%. At this rate, an investment would double in approximately 30.4 years.

Historically, 58% of months were positive and 42% were negative. The best month was Nov 2023 with a return of +4.5%, while the worst month was Sep 2022 at -4.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, HACBX closed higher 45% of trading days. The best single day was Nov 10, 2022 with a return of +1.9%, while the worst single day was Mar 17, 2020 at -2.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.33%1.55%-1.81%0.13%0.36%0.11%0.64%
20250.47%2.28%-0.05%0.25%-0.64%1.52%-0.18%1.14%1.16%0.59%0.63%-0.32%7.02%
2024-0.21%-1.34%0.85%-2.45%1.77%1.03%2.35%1.25%1.36%-2.39%1.09%-1.60%1.57%
20233.53%-2.49%2.25%0.62%-1.08%-0.25%-0.02%-0.58%-2.55%-1.78%4.52%3.77%5.73%
2022-2.08%-1.23%-2.76%-3.82%0.33%-1.46%2.36%-2.61%-4.35%-1.47%3.61%-0.45%-13.36%
2021-0.46%-1.47%-1.25%0.89%0.13%0.82%1.17%-0.32%-0.82%-0.07%0.20%-0.44%-1.66%

Benchmark Metrics

Harbor Core Bond Fund has an annualized alpha of 2.19%, beta of 0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since June 04, 2018.

  • This fund participated in 18.60% of S&P 500 Index downside but only 13.00% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.01 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
  • R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
2.19%
Beta
0.01
0.00
Upside Capture
13.00%
Downside Capture
18.60%

Expense Ratio

HACBX has an expense ratio of 0.40%, placing it in the medium range.


Return for Risk

Risk / Return Rank

HACBX ranks 23 for risk / return — below 23% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


HACBX Risk / Return Rank: 2323
Overall Rank
HACBX Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
HACBX Sortino Ratio Rank: 2424
Sortino Ratio Rank
HACBX Omega Ratio Rank: 2323
Omega Ratio Rank
HACBX Calmar Ratio Rank: 2525
Calmar Ratio Rank
HACBX Martin Ratio Rank: 2222
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Harbor Core Bond Fund (HACBX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


HACBXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.75

Sortino ratioReturn per unit of downside risk

-0.85

Omega ratioGain probability vs. loss probability

1.23

1.37

-0.13

Calmar ratioReturn relative to maximum drawdown

1.72

2.78

-1.06

Martin ratioReturn relative to average drawdown

5.01

12.44

-7.42

Dividends

Dividend History

Harbor Core Bond Fund provided a 4.51% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The fund has been increasing its distributions for 4 consecutive years.


2.00%2.50%3.00%3.50%4.00%4.50%$0.00$0.10$0.20$0.30$0.40$0.5020182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018
Dividend$0.40$0.40$0.37$0.34$0.28$0.23$0.48$0.37$0.17

Dividend yield

4.51%4.50%4.21%3.83%3.15%2.18%4.43%3.55%1.73%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.03$0.03$0.04$0.03$0.03$0.00$0.16
2025$0.03$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.05$0.40
2024$0.02$0.02$0.03$0.03$0.03$0.03$0.04$0.03$0.03$0.03$0.03$0.05$0.37
2023$0.02$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.05$0.34
2022$0.01$0.01$0.02$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.07$0.28
2021$0.00$0.00$0.04$0.01$0.01$0.02$0.01$0.02$0.01$0.01$0.01$0.08$0.23

Drawdowns

Drawdowns Chart

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Harbor Core Bond Fund. 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 Core Bond Fund was 18.48%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current Harbor Core Bond Fund drawdown is 1.48%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-18.48%Oct 2022
2y 2mo
5y 10moAug 2020 - now
COVID crash2020
-6.89%Mar 2020
9d2mo 11d
2mo 20dMar 2020 - May 2020
2019 pullback2019
-1.95%Sep 2019
8d3mo 4d
3mo 12dSep 2019 - Dec 2019
Rate-hike selloffLate 2018
-1.93%Nov 2018
2mo 7d1mo 16d
3mo 23dAug 2018 - Dec 2018
2019 pullback2019
-1.70%Dec 2019
1d1mo 10d
1mo 11dDec 2019 - Jan 2020

Drawdown Indicators


HACBXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-18.48%

-56.78%

+38.30%

Max Drawdown (1Y)

Largest decline over 1 year

-2.80%

-9.10%

+6.30%

Max Drawdown (3Y)

Largest decline over 3 years

-6.26%

-18.90%

+12.64%

Max Drawdown (5Y)

Largest decline over 5 years

-18.43%

-25.43%

+7.00%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-1.48%

-1.80%

+0.32%

Average Drawdown

Average peak-to-trough decline

-5.28%

-10.71%

+5.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.96%

2.03%

-1.07%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with HACBX

Add Harbor Core Bond Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with HACBX