Harbor Target Retirement 2015 Fund Institutional Class (HARGX)

NOT AVAILABLE FOR DIRECT INVESTORS OR INTERMEDIARIES

Portfolio Characteristics (As of Month Ended 03/31/2016)

 Target Retirement 2015 Fund Value
Number of Underlying Funds15

Actual Allocations (As of Month Ended 03/31/2016)

As of Month Ended 03/31/2016
As of Month Ended 03/31/2016
Harbor Fund% of Market Value
Equity and Commodity
Capital Appreciation Fund3.3%
Mid Cap Growth Fund1.7%
Small Cap Growth Fund1.6%
Large Cap Value Fund3.9%
Mid Cap Value Fund2.6%
Small Cap Value Fund1.9%
International Fund5.8%
International Growth Fund4.1%
Global Growth Fund1.4%
Commodity Real Return Strategy Fund1.2%
Fixed Income
Unconstrained Bond Fund6.2%
High-Yield Bond Fund11.9%
Bond Fund33.9%
Real Return Fund12.5%
Short-Term Investments
Money Market Fund8.1%

The Harbor Target Retirement Income Fund is designed for investors currently in retirement, and its investments are expected to remain stable over time. The other Harbor Target Retirement Funds are designed for investors who plan to retire close to the year indicated in the Funds' names. These Funds' asset allocations will change over time and become more conservative as time elapses. The principal value of the Funds is not guaranteed at any time, including the target retirement date.