Harbor Target Retirement 2050 Fund Institutional Class (HAFFX)

Portfolio Characteristics (As of Month Ended 06/30/2014)

 Target Retirement 2050 Fund Value
Number of Underlying Funds13

Actual Allocations (As of Month Ended 06/30/2014)

As of Month Ended 06/30/2014
As of Month Ended 06/30/2014
Harbor Fund% of Market Value
Equity
Capital Appreciation Fund11.5%
Mid Cap Growth Fund5.9%
Small Cap Growth Fund5.3%
Large Cap Value Fund13.5%
Mid Cap Value Fund8.8%
Small Cap Value Fund6.5%
International Fund21.9%
International Growth Fund11.8%
Global Growth Fund4.8%
Fixed Income
Unconstrained Bond Fund0.7%
High-Yield Bond Fund2.8%
Bond Fund3.5%
Commodities
Commodity Real Return Strategy Fund3.0%

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.