Harbor Large Cap Value Fund Q4 2024 Commentary
Source: SeekingAlpha
2025-04-10 08:00:00 ET
Summary
- During the fourth quarter of 2024, the U.S. Federal Reserve announced two 25 basis points cuts to the federal funds rate — one in November and December, respectively.
- During the fourth quarter, the Harbor Large Cap Value Fund returned -4.29%, underperforming its benchmark, the Russell 1000 Value Index.
- The Fund’s underperformance relative to the Russell 1000 Value Index can be attributed primarily to security selection, while allocation effects also had a slightly negative impact.
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Harbor Large Cap Value Fund Q4 2024 Commentary
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Asset Management Services
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