Harbor Convertible Securities Fund Institutional Class (HACSX)
| Fund Assets | 39.96M |
| Expense Ratio | 0.71% |
| Min. Investment | $1,000 |
| Turnover | 160.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.10% |
| Dividend Growth | -25.30% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 14.35 |
| YTD Return | 7.08% |
| 1-Year Return | 23.50% |
| 5-Year Return | 29.10% |
| 52-Week Low | 10.43 |
| 52-Week High | 14.41 |
| Beta (5Y) | n/a |
| Holdings | 159 |
| Inception Date | May 1, 2011 |
About HACSX
Harbor Convertible Securities Fund Institutional Class is a mutual fund primarily focused on convertible securities. Its main objective is to maximize total returns by seeking both current income and capital appreciation. Under typical market conditions, the fund invests at least 80% of its assets in convertible securities, which are hybrid instruments that combine features of both debt and equity, offering potential for income through fixed interest payments and the opportunity for capital growth if the underlying equity performs well. This structure allows the fund to play a unique role in balancing income generation with participation in equity market upside. The fund is managed by BlueCove Limited, a firm specializing in scientific and systematic approaches to fixed income investment management. By tracking the ICE BofA U.S. Convertible Bond Index, the fund provides broad exposure to the U.S. convertible securities market across various sectors and credit qualities, making it a relevant tool for investors seeking diversification within the fixed income and equity markets.
Performance
HACSX had a total return of 23.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.14%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class Z | 0.55% |
| FTCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class M | 1.19% |
| FCCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class C | 1.71% |
| FICVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class I | 0.68% |
| FACVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class A | 0.94% |
Top 10 Holdings
19.15% of assets| Name | Symbol | Weight |
|---|---|---|
| Usd | n/a | 3.52% |
| Western Digital Corp. 3% | WDC.3 11.15.28 | 2.41% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 2.38% |
| Rocket Lab Corp. 4.25% | RKLB.4.25 02.01.29 | 1.78% |
| Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | WFC.7.5 PERP L | 1.75% |
| Lumentum Holdings Inc. 0.375% | LITE.0.375 03.15.32 | 1.69% |
| NextEra Energy Inc 7.299% CORP UNIT 01/06/2027 | NEE.7.299 06.01.27 | 1.50% |
| Lumentum Holdings Inc. 1.5% | LITE.1.5 12.15.29 | 1.40% |
| Bloom Energy Corporation 0% | BE.0 11.15.30 | 1.38% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 1.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.10944 | Dec 19, 2025 |
| Sep 30, 2025 | $0.0561 | Sep 30, 2025 |
| Jun 30, 2025 | $0.07802 | Jun 30, 2025 |
| Mar 31, 2025 | $0.05845 | Mar 31, 2025 |
| Dec 20, 2024 | $0.14086 | Dec 20, 2024 |
| Sep 30, 2024 | $0.08569 | Sep 30, 2024 |