Harbor Capital Appreciation Fund

HARBOR FUNDS · 4 share classes

Actively managed U.S. equity fund
One fund, 4 share classes:HACAXHRCAXHCAIXHNACX
$25.42B NAV
45 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Harbor Capital Appreciation Fund is an actively managed U.S. equity fund. 36% of HACAX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q1

The Fund seeks long-term growth of capital.

Strategy · summarised

The fund is managed by a subadvisor that employs a bottom-up stock-picking approach, selecting U.S. companies with market capitalizations of at least $1 billion that the subadvisor believes have above-average growth prospects, superior earnings and sales growth, strong profitability, and defensible competitive advantages. The subadvisor integrates environmental, social and governance research into its process where material to valuation. The fund may hold up to 20% of assets in foreign securities, including those in emerging markets, and currently maintains substantial exposure to information technology.

Expenses
0.59% 1.01%across 4 share classes
Share classGrossNet
HACAX0.72%0.67%
HRCAX0.97%0.92%
HCAIX1.06%1.01%
HNACX0.64%0.59%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 28.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.81%
of net assets
Stocks99.81%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology43.9%
Communication Services15.9%
Consumer Discretionary14.8%
Health Care7.8%
5 smaller17.6%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
36%of stock holdings in top-quartile growers
covering 97% of the fund’s equity
Earnings growth
46%of stock holdings in top-quartile growers
covering 86% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 3 new5 exited

New: TXN, ABNB, KLAC

Exited: NOW, Industria de Diseno Textil SA, DXCM, AXON, TOST

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+24.49%+93.28%+60.25%19.57%-13.70%
+24.17%+91.90%+58.32%19.57%-13.80%
+24.04%+91.25%+57.45%19.56%-13.83%
+24.55%+93.75%+60.90%19.57%-13.68%

These classes hold the same portfolio, so the 3.45pp spread over 5 years is the cost difference between them — roughly 0.69pp a year — not a difference in what they own.

Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NVIDIA CorpNVDA10.73%$2.73B
Amazon.com IncAMZN8.39%$2.13B
Broadcom IncAVGO7.91%$2.01B
Apple IncAAPL6.44%$1.64B
Microsoft CorpMSFT5.44%$1.38B
Alphabet IncGOOG4.68%$1.19B
Alphabet IncGOOGL4.45%$1.13B
Eli Lilly & CoLLY4.14%$1.05B
Meta Platforms IncMETA3.76%$956.51M
Tesla IncTSLA2.76%$701.47M
Showing 10 of 45Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 58.71% of net assets, top 25 85.52%, across 44 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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