About HABDX
Harbor Core Plus Fund Institutional Class is an open-ended mutual fund specializing in fixed income investments. It is primarily designed to provide total return by investing at least 80% of its net assets in a diversified portfolio of fixed income instruments, including investment-grade bonds issued by U.S. corporations and government entities, as well as select non-U.S. and below investment-grade securities. The fund employs a disciplined, bottom-up security selection process, focusing on fundamental credit analysis and active sector rotation to identify relative value opportunities. Managed by an experienced team at Income Research + Management, the fund maintains a duration profile similar to its benchmark, the Bloomberg US Aggregate Bond Index, but is not constrained by this reference, allowing increased flexibility. Classified within the Intermediate Core-Plus Bond category, it offers moderate credit quality and interest rate sensitivity. With a substantial asset base and a below-average expense ratio for its peer group, the fund appeals to institutional investors seeking a core bond holding with the potential for enhanced yield and return through opportunistic exposure to a wider array of fixed income sectors.
Fund Family Harbor Capital Advisors Inc
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol HABDX
Share Class Institutional Class
Index Bloomberg U.S. Aggregate Bond TR
HABDX had a total return of 4.17% in the past year, including dividends.
Since the fund's inception, the average annual return has been 5.75%.
