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Harbor International Growth Fund
mutual fund
HRIGX
Payout Change
Suspended
Price as of:
$17.52
+0.0
+0.0%
primary theme
N/A
share class
HRIGX (Mutual Fund)
Harbor International Growth Fund
Payout Change
Suspended
Price as of:
$17.52
+0.0
+0.0%
primary theme
N/A
share class
HRIGX (Mutual Fund)
Harbor International Growth Fund
Payout Change
Suspended
Price as of:
$17.52
+0.0
+0.0%
primary theme
N/A
share class
Name
As of 10/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
11.8%
1 yr return
30.3%
3 Yr Avg Return
-6.6%
5 Yr Avg Return
4.2%
Net Assets
$242 M
Holdings in Top 10
27.0%
52 WEEK LOW AND HIGH
$17.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.18%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 12.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$50,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
HRIGX - Profile
Distributions
- YTD Total Return 11.8%
- 3 Yr Annualized Total Return -6.6%
- 5 Yr Annualized Total Return 4.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.24%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameHarbor International Growth Fund
-
Fund Family NameHarbor
-
Inception DateNov 01, 2002
-
Shares OutstandingN/A
-
Share ClassAdmin
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGerard Callahan
Fund Description
The Fund invests primarily (no less than 65% of its total assets under normal market conditions) in equity securities, including common and preferred stocks, of foreign companies that the Subadvisor believes will experience growth and benefit from sustainable competitive advantages in their markets. The Fund may invest in companies of any size located in, or economically tied to, any country or region outside of the United States, including developed foreign and emerging markets. The Fund normally invests in at least three different countries outside of the United States. The Fund may invest in securities denominated in, and/or receiving revenues in, foreign currencies.The Subadvisor primarily uses proprietary, fundamental research to seek to identify companies for investment that can exhibit sustained, above-average growth with attractive financial characteristics, such as superior profit margins and returns on invested capital. The Subadvisor normally evaluates these characteristics over a three- to five-year time horizon.When evaluating individual companies for investment, the Subadvisor normally focuses on the following:■Opportunity: The Subadvisor looks for companies that have identifiable and sustainable competitive advantages, which will enable the company to achieve above average growth rates. These competitive advantages include the degree to which there are barriers to entry in the market, the uniqueness of the company’s product offerings, any enduring cost or technology advantages and the loyalty of the company’s customers.■Execution: The Subadvisor looks for companies that have management teams that are capable of capitalizing on the opportunities available to them. This analysis involves an assessment of the strength of the company’s financial position, including its ability to fund growth opportunities internally through sufficiently attractive profit margins, and an assessment of the management team’s actions, including how management chooses to put excess capital to work through reinvestment or acquisitions.■Valuation: After assessing the growth opportunity and management team at each company being evaluated, the Subadvisor then compares the current stock price with the Subadvisor’s view of the value of the company’s future growth potential. The Subadvisor seeks to invest in companies which appear to be undervalued on this basis.In addition to the investment considerations outlined above, the Subadvisor considers governance matters and integrates social and environmental (collectively, “ESG”) factors into the decision-making process when the Subadvisor believes they are material to the long-term sustainable growth prospects for a company. The Subadvisor utilizes in-house ESG-related research to enhance its evaluation of individual companies. The extent to which ESG considerations are incorporated into the evaluation of individual companies is based on the materiality of any particular matter to the long-term sustainability of the company’s business, as determined by the Subadvisor. As a result, the key ESG considerations may vary depending on the industry, sector, geographic region or other factors and the core business of each company.The Subadvisor may, from time to time and at its discretion, seek to hedge the value of a portion of the Fund’s foreign currency exposure to attempt to preserve the value of the Fund’s investments in U.S. dollar terms. However, the Subadvisor does not normally expect to hedge the Fund’s foreign currency exposure.The Subadvisor may sell or reduce the Fund’s investment in a portfolio security if the Subadvisor detects a material diminution to either the company’s growth opportunity or in the level of confidence the Subadvisor has in company management’s ability to exploit that opportunity. The Subadvisor also regularly considers the company’s valuation, and whether the current stock price has risen to a level that better reflects the Subadvisor’s view of the company’s future growth potential. However, the Subadvisor does not normally trade based upon short-term price movements, as it considers such moves to be poor predictors of long-term results.
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HRIGX - Performance
Return Ranking - Trailing
| Period | HRIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.8% | -0.9% | 35.3% | 36.53% |
| 1 Yr | 30.3% | 14.6% | 54.9% | 26.17% |
| 3 Yr | -6.6%* | -13.3% | 8.1% | 86.42% |
| 5 Yr | 4.2%* | -0.3% | 14.8% | 90.24% |
| 10 Yr | 5.2%* | 2.6% | 10.5% | 75.91% |
* Annualized
Return Ranking - Calendar
| Period | HRIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.9% | -0.4% | 28.6% | 83.98% |
| 2022 | -32.3% | -49.5% | -13.5% | 77.60% |
| 2021 | -5.4% | -22.2% | 19.3% | 75.74% |
| 2020 | 30.9% | -3.7% | 85.0% | 16.38% |
| 2019 | 30.4% | -4.0% | 45.1% | 20.63% |
Total Return Ranking - Trailing
| Period | HRIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.8% | -0.9% | 35.3% | 36.53% |
| 1 Yr | 30.3% | 14.6% | 54.9% | 26.17% |
| 3 Yr | -6.6%* | -13.3% | 8.1% | 86.42% |
| 5 Yr | 4.2%* | -0.3% | 14.8% | 90.24% |
| 10 Yr | 5.2%* | 2.6% | 10.5% | 75.91% |
* Annualized
Total Return Ranking - Calendar
| Period | HRIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.9% | 1.8% | 28.6% | 93.80% |
| 2022 | -32.3% | -44.4% | -11.0% | 86.98% |
| 2021 | 2.8% | -20.6% | 20.5% | 79.25% |
| 2020 | 31.6% | 7.6% | 97.1% | 22.60% |
| 2019 | 32.4% | 0.5% | 45.3% | 18.75% |
NAV & Total Return History
HRIGX - Holdings
Concentration Analysis
| HRIGX | Category Low | Category High | HRIGX % Rank | |
|---|---|---|---|---|
| Net Assets | 242 M | 191 K | 140 B | 77.00% |
| Number of Holdings | 78 | 4 | 1830 | 45.48% |
| Net Assets in Top 10 | 42 M | 65.4 K | 36.7 B | 85.01% |
| Weighting of Top 10 | 27.03% | 10.6% | 99.9% | 73.90% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 5.89%
- ASML Holding NV 3.24%
- United Overseas Bank Ltd 2.90%
- Investor AB 2.41%
- Auto Trader Group PLC 2.32%
- Atlas Copco AB 2.24%
- MercadoLibre Inc 2.10%
- Lonza Group AG 2.04%
- Experian PLC 1.99%
- Cie Financiere Richemont SA 1.89%
Asset Allocation
| Weighting | Return Low | Return High | HRIGX % Rank | |
|---|---|---|---|---|
| Stocks | 97.57% | 85.22% | 105.20% | 56.33% |
| Cash | 1.37% | 0.00% | 11.43% | 68.22% |
| Preferred Stocks | 1.06% | 0.00% | 10.21% | 12.92% |
| Other | 0.00% | -0.31% | 3.49% | 75.71% |
| Convertible Bonds | 0.00% | 0.00% | 2.45% | 72.28% |
| Bonds | 0.00% | 0.00% | 0.03% | 71.83% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | HRIGX % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 22.09% | 0.00% | 46.28% | 10.36% |
| Technology | 17.40% | 1.51% | 38.21% | 52.33% |
| Industrials | 17.36% | 0.68% | 31.28% | 33.94% |
| Healthcare | 12.17% | 1.36% | 29.58% | 72.02% |
| Financial Services | 9.99% | 0.00% | 38.62% | 77.98% |
| Communication Services | 9.88% | 0.00% | 41.13% | 10.88% |
| Consumer Defense | 7.43% | 0.00% | 25.77% | 56.99% |
| Basic Materials | 3.67% | 0.00% | 23.15% | 84.20% |
| Utilities | 0.00% | 0.00% | 9.05% | 86.01% |
| Real Estate | 0.00% | 0.00% | 6.64% | 84.46% |
| Energy | 0.00% | 0.00% | 24.97% | 92.23% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | HRIGX % Rank | |
|---|---|---|---|---|
| Non US | 80.65% | 0.00% | 99.95% | 66.93% |
| US | 16.93% | 0.00% | 99.87% | 33.85% |
HRIGX - Expenses
Operational Fees
| HRIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.18% | 0.01% | 13.07% | 39.48% |
| Management Fee | 0.75% | 0.00% | 1.50% | 60.21% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 43.50% |
| Administrative Fee | N/A | 0.03% | 0.80% | N/A |
Sales Fees
| HRIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| HRIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | 43.79% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| HRIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 12.00% | 7.00% | 149.00% | 15.29% |
HRIGX - Distributions
Dividend Yield Analysis
| HRIGX | Category Low | Category High | HRIGX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 12.70% | 94.30% |
Dividend Distribution Analysis
| HRIGX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| HRIGX | Category Low | Category High | HRIGX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.24% | -1.69% | 3.16% | 78.59% |
Capital Gain Distribution Analysis
| HRIGX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2021 | $1.758 | OrdinaryDividend |
| Dec 17, 2020 | $0.108 | OrdinaryDividend |
| Dec 16, 2019 | $0.265 | OrdinaryDividend |
| Dec 17, 2018 | $0.018 | ExtraDividend |
| Dec 17, 2018 | $0.065 | OrdinaryDividend |
| Dec 18, 2017 | $0.143 | OrdinaryDividend |
| Dec 19, 2016 | $0.022 | ExtraDividend |
| Dec 19, 2016 | $0.132 | OrdinaryDividend |
| Dec 17, 2015 | $0.037 | ExtraDividend |
| Dec 17, 2015 | $0.037 | OrdinaryDividend |
| Dec 18, 2014 | $0.018 | ExtraDividend |
| Dec 18, 2014 | $0.147 | OrdinaryDividend |
| Dec 17, 2013 | $0.025 | ExtraDividend |
| Dec 17, 2013 | $0.159 | OrdinaryDividend |
| Dec 17, 2012 | $0.118 | ExtraDividend |
| Dec 17, 2012 | $0.671 | OrdinaryDividend |
| Dec 17, 2010 | $0.022 | ExtraDividend |
| Dec 17, 2010 | $0.193 | OrdinaryDividend |
| Dec 18, 2009 | $0.081 | OrdinaryDividend |
| Dec 18, 2009 | $0.017 | ExtraDividend |
| Dec 19, 2008 | $0.075 | OrdinaryDividend |
| Dec 19, 2007 | $0.021 | ExtraDividend |
| Dec 19, 2007 | $0.165 | OrdinaryDividend |
| Dec 19, 2006 | $0.006 | ExtraDividend |
| Dec 19, 2006 | $0.012 | OrdinaryDividend |
| Dec 20, 2005 | $0.014 | OrdinaryDividend |
| Dec 30, 2004 | $0.073 | OrdinaryDividend |
| Dec 30, 2003 | $0.078 | OrdinaryDividend |
| Dec 30, 2002 | $0.016 | ExtraDividend |
| Dec 30, 2002 | $0.032 | OrdinaryDividend |
HRIGX - Fund Manager Analysis
Managers
Gerard Callahan
Start Date
Tenure
Tenure Rank
May 21, 2013
9.03
9.0%
Gerard graduated BA in Politics, Philosophy and Economics from Oxford University in 1991. He joined Baillie Gifford in the same year and became a Partner in 2000. Gerard became Head of our UK Equity Team in 2007 and Chairman since 2010. He has been the lead manager of our UK Alpha strategy since launch in 2000.
Iain Campbell
Start Date
Tenure
Tenure Rank
May 21, 2013
9.03
9.0%
Iain graduated BA in Modern History from Oxford University in 2000. He worked for Goldman Sachs and travelled in Asia, before joining Baillie Gifford in 2004. Most of Iain’s investment career has been focused on Emerging and Developed Asian markets and Iain is member of the Japanese specialist team. Iain is responsible for managing various specialist Developed Asia including Japan portfolios and is also a member of the International Focus Portfolio Construction Group.
Joseph Faraday
Start Date
Tenure
Tenure Rank
May 21, 2013
9.03
9.0%
Joe Faraday, CFA, Portfolio Manager, joined Baillie Gifford Overseas Limited in 2002. Mr. Faraday has worked as an investment manager on the European, North American, Developed Asia, and Emerging Markets Equity teams. He has been a member of the Portfolio Construction Group since 2007.
Sophie Earnshaw
Start Date
Tenure
Tenure Rank
Nov 30, 2014
7.5
7.5%
Sophie Earnshaw, CFA, Portfolio Manager, joined Baillie Gifford Overseas Limited in 2010 and is an Investment Manager in the Emerging Markets Equity Team. Ms. Earnshaw joined the International Focus Portfolio Construction Group in 2014. Sophie graduated MA in English Literature from the University of Edinburgh in 2008 and an MPhil in Eighteenth Century and Romantic Literature from Cambridge University in 2009.
Moritz Sitte
Start Date
Tenure
Tenure Rank
Nov 30, 2014
7.5
7.5%
Moritz Sitte, CFA, Portfolio Manager, joined Baillie Gifford Overseas Limited in 2010 and is an Investment Manager in the European Equity Team. Mr. Sitte joined the International Focus Portfolio Construction Group in 2014. Moritz graduated BSc in Business Administration from the University of Regensburg (Germany) in 2009 where he took part in the Honours Elite Degree Programme. He then went on to complete an MSc in Finance and Investment from the University of Edinburgh in 2010.
Milena Mileva
Start Date
Tenure
Tenure Rank
May 01, 2022
0.08
0.1%
Milena joined Baillie Gifford in 2009 and is a Portfolio Manager. Milena has been part of the UK Equity Team since 2012, managing UK Focus portfolios since 2019. Milena graduated BA in Social & Political Science from the University of Cambridge in 2007 and MPhil in Politics from the University of Oxford in 2009.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 26.94 | 7.72 | 20.01 |
