Harbor Target Retirement 2015 Fund Investor Class (HARIX)

NOT AVAILABLE FOR DIRECT INVESTORS OR INTERMEDIARIES

Portfolio Characteristics (As of Month Ended 10/31/2014)

 Target Retirement 2015 Fund Value
Number of Underlying Funds15

Actual Allocations (As of Month Ended 10/31/2014)

As of Month Ended 10/31/2014
As of Month Ended 10/31/2014
Harbor Fund% of Market Value
Equity
Capital Appreciation Fund3.9%
Mid Cap Growth Fund2.0%
Small Cap Growth Fund1.8%
Large Cap Value Fund4.6%
Mid Cap Value Fund3.0%
Small Cap Value Fund2.3%
International Fund7.5%
International Growth Fund4.1%
Global Growth Fund1.6%
Fixed Income
Unconstrained Bond Fund6.7%
High-Yield Bond Fund14.0%
Bond Fund31.3%
Real Return Fund10.2%
Short-Term Investments
Money Market Fund4.9%
Commodities
Commodity Real Return Strategy Fund2.0%

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.