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Harbor Disruptive Innovation Instl (HAMGX)

5.77 +0.09 (+1.58%)
At close: 8:01 PM EDT

Fund Summary

Under normal market conditions, the fund invests primarily in equity securities, principally common stocks, of companies selected based on their potential for growth tied to disruptive innovation. The managers define “disruptive innovation” as the development of new products, services, technologies and/or other advancements that could disrupt and displace existing businesses and business models over time. While the fund invests primarily in securities of U.S. companies, the fund may invest up to 25% of its assets in foreign securities, including those located in emerging market countries.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 61.54%
Worst 1Y Total Return --
Number of Years Up 16
Number of Years Down 7

Performance & Risk

YTD Return 3.65%
5y Average Return 5.61%
Rank in Category (ytd) 17
% Rank in Category (ytd) --
Beta (5Y Monthly) 1.26
Morningstar Risk Rating

Risk Statistics

3 Years5 Years10 Years
HAMGXCategory AverageHAMGXCategory AverageHAMGXCategory Average
Alpha -18.36 0.01 -7.08 0.01 -4.08 -0.02
BETA 1.26 0.01 1.17 0.01 1.19 0.01
Mean Annual Return -0.29 0.02 0.91 0.02 0.97 0.01
R-squared 73.02 0.82 71.39 0.79 71.63 0.8
Standard Deviation 25.99 0.23 25.39 0.19 21.36 0.17
Sharpe Ratio -0.25 0.01 0.35 0.01 0.48 0.01
Treynor Ratio -7.59 0.18 5.06 0.17 6.92 0.12

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