Harbor Ares Systematic Convertible Securities Fund - Institutional Class (HACSX)
| Fund Assets | 44.04M |
| Expense Ratio | 0.71% |
| Min. Investment | $1,000 |
| Turnover | 160.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 1.84% |
| Dividend Growth | -20.74% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 15.65 |
| YTD Return | 17.57% |
| 1-Year Return | 31.47% |
| 5-Year Return | 48.08% |
| 52-Week Low | 12.15 |
| 52-Week High | 16.58 |
| Beta (5Y) | 0.66 |
| Holdings | 146 |
| 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 31.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.08%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
17.95% of assets| Name | Symbol | Weight |
|---|---|---|
| Western Digital Corp | WDC.3 11.15.28 | 2.74% |
| Lumentum Holdings Inc | LITE.0.375 03.15.32 | 2.34% |
| Boeing Co/The | BA.6 10.15.27 | 2.26% |
| Bloom Energy Corp | BE.0 11.15.30 | 1.66% |
| Lumentum Holdings Inc | LITE.0.5 06.15.28 | 1.64% |
| WELLS FARGO & COMPANY - Wells Fargo & Co | WFC.7.5 PERP L | 1.56% |
| NextEra Energy Inc | NEE.7.299 06.01.27 | 1.55% |
| Oracle Corp | ORCL.6.5 01.15.29 D | 1.47% |
| Terawulf Inc | WULF.1 09.01.31 | 1.39% |
| Akamai Technologies Inc | AKAM.1.125 02.15.29 | 1.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.06738 | Jun 30, 2026 |
| Mar 31, 2026 | $0.0548 | Mar 31, 2026 |
| 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 |