Harbor Target Retirement 2025 Fund Investor Class (HAROX)

NOT AVAILABLE FOR DIRECT INVESTORS OR INTERMEDIARIES

Portfolio Characteristics (As of Month Ended 01/31/2015)

 Target Retirement 2025 Fund Value
Number of Underlying Funds15

Actual Allocations (As of Month Ended 01/31/2015)

As of Month Ended 01/31/2015
As of Month Ended 01/31/2015
Harbor Fund% of Market Value
Equity
Capital Appreciation Fund5.0%
Mid Cap Growth Fund2.5%
Small Cap Growth Fund2.3%
Large Cap Value Fund5.8%
Mid Cap Value Fund3.8%
Small Cap Value Fund2.8%
International Fund8.7%
International Growth Fund6.0%
Global Growth Fund2.1%
Fixed Income
Unconstrained Bond Fund5.7%
Convertible Securities Fund4.6%
High-Yield Bond Fund16.1%
Bond Fund24.2%
Real Return Fund6.7%
Commodities
Commodity Real Return Strategy Fund3.8%

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.