Harbor Target Retirement 2025 Fund Administrative Class (HARNX)

NOT AVAILABLE FOR DIRECT INVESTORS OR INTERMEDIARIES

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

 Target Retirement 2025 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 Fund4.9%
Mid Cap Growth Fund2.5%
Small Cap Growth Fund2.3%
Large Cap Value Fund5.7%
Mid Cap Value Fund3.8%
Small Cap Value Fund2.8%
International Fund8.5%
International Growth Fund6.0%
Global Growth Fund2.1%
Commodity Real Return Strategy Fund3.6%
Fixed Income
Unconstrained Bond Fund5.8%
Convertible Securities Fund4.7%
High-Yield Bond Fund15.8%
Bond Fund24.6%
Real Return Fund7.1%

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.