Harbor Target Retirement 2040 Fund Administrative Class (HARZX)

Portfolio Characteristics (As of Month-Ended 04/30/2013)

 Target Retirement 2040 Fund Value
Number of Underlying Funds14

Actual Allocations (As of Month-Ended 04/30/2013)

As of Month-Ended 04/30/2013
As of Month-Ended 04/30/2013
Harbor Fund% of Market Value
Equity and Strategic Markets
Capital Appreciation Fund7.2%
Mid Cap Growth Fund4.7%
Small Cap Growth Fund3.7%
Large Cap Value Fund10.8%
Mid Cap Value Fund7.0%
Small Cap Value Fund5.6%
International Fund17.8%
International Growth Fund7.6%
Global Value Fund3.9%
Global Growth Fund3.9%
Commodity Real Return Strategy Fund4.0%
Fixed Income
High-Yield Bond Fund8.5%
Bond Fund14.2%
Real Return Fund1.0%

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.