About HNMVX
The Harbor Mid Cap Value Fund Retirement Class is a mutual fund focused on providing long-term total return primarily through investments in the equity securities of mid-capitalization companies. Utilizing a systematic and quantitative approach, the fund targets value stocks—businesses considered undervalued relative to their fundamentals—across a broad range of sectors such as financials, consumer discretionary, health care, industrials, and utilities. The investment strategy emphasizes deep-value opportunities with a contrarian, bottom-up stock selection process, seeking to mitigate unintended portfolio risks through broad diversification. Typically, at least 80% of assets are allocated to mid-cap companies, as defined by the Russell Midcap® Value Index, ensuring exposure to the dynamic segment between large established firms and smaller growth-oriented companies. Managed by Harbor Capital Advisors, with subadvisory input from LSV Asset Management, the fund supports retirement-focused investors pursuing diversified, risk-aware access to the U.S. mid-cap value equity market, and benchmarks its performance against the Russell Midcap Value Index.
Fund Family Harbor Capital Advisors Inc
Category Mid-Cap Value
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol HNMVX
Share Class Retirement Class
Index Russell MidCap Value TR
HNMVX had a total return of 38.23% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.12%.
