Year-by-Year Performance Investor Class

As of Year Ended 12/31


Domestic Equity2013201220112010200920082007200620052004

Capital Appreciation Fund Investor Class

Inception: 11/01/2002 (HCAIX)
37.15%15.27%0.22%11.20%41.39%-37.36%11.83%1.91%13.51%8.92%

Mid Cap Growth Fund Investor Class

Inception: 11/01/2002 (HIMGX)
35.43%21.48%-9.38%22.21%30.74%-42.90%22.57%12.36%19.33%8.50%

Small Cap Growth Fund Investor Class

Inception: 11/01/2002 (HISGX)
44.15%14.16%-8.05%31.15%39.63%-40.66%13.27%10.36%5.23%10.70%

Small Cap Growth Opportunities Fund Investor Class

Inception: 02/01/2014 (HISOX)
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A

Large Cap Value Fund Investor Class

Inception: 11/01/2002 (HILVX)
29.67%20.75%-0.26%8.17%16.84%-33.50%5.68%15.63%4.99%14.29%

Mid Cap Value Fund Investor Class

Inception: 11/01/2002 (HIMVX)
43.56%18.67%-4.13%20.23%39.46%-37.30%-6.89%15.49%9.89%15.37%

Small Cap Value Fund Investor Class

Inception: 11/01/2002 (HISVX)
35.15%13.67%2.07%19.82%23.40%-33.16%-1.82%10.24%9.89%22.99%
International & Global2013201220112010200920082007200620052004

International Fund Investor Class

Inception: 11/01/2002 (HIINX)
16.40%20.41%-11.44%11.57%38.04%-42.86%21.36%32.17%20.31%17.49%

International Growth Fund Investor Class

Inception: 11/01/2002 (HIIGX)
13.87%16.56%-15.55%13.37%37.33%-49.50%20.17%23.59%19.47%10.39%

Global Growth Fund Investor Class

Inception: 03/01/2009 (HGGIX)
40.82%20.40%-12.92%23.68%N/AN/AN/AN/AN/AN/A

Emerging Markets Equity Fund Investor Class

Inception: 11/01/2013 (HIEEX)
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Fixed Income2013201220112010200920082007200620052004

Convertible Securities Fund Investor Class

Inception: 05/01/2011 (HICSX)
11.82%10.09%N/AN/AN/AN/AN/AN/AN/AN/A

High-Yield Bond Fund Investor Class

Inception: 12/01/2002 (HYFIX)
5.09%11.08%4.53%11.90%30.34%-13.94%2.27%8.78%2.31%9.14%
Target Retirement2013201220112010200920082007200620052004

Target Retirement Income Fund Investor Class

Inception: 01/02/2009 (HARCX)
3.19%11.00%3.09%8.77%13.68%N/AN/AN/AN/AN/A

Target Retirement 2010 Fund Investor Class

Inception: 01/02/2009 (HARFX)
3.98%11.33%2.34%9.94%17.54%N/AN/AN/AN/AN/A

Target Retirement 2015 Fund Investor Class

Inception: 01/02/2009 (HARIX)
6.82%12.42%1.09%11.02%19.82%N/AN/AN/AN/AN/A

Target Retirement 2020 Fund Investor Class

Inception: 01/02/2009 (HARLX)
8.34%13.07%0.39%12.01%21.57%N/AN/AN/AN/AN/A

Target Retirement 2025 Fund Investor Class

Inception: 01/02/2009 (HAROX)
10.31%13.75%-1.09%13.05%24.09%N/AN/AN/AN/AN/A

Target Retirement 2030 Fund Investor Class

Inception: 01/02/2009 (HARTX)
13.30%14.66%-2.32%13.86%26.21%N/AN/AN/AN/AN/A

Target Retirement 2035 Fund Investor Class

Inception: 01/02/2009 (HARWX)
16.50%15.71%-3.34%14.36%27.17%N/AN/AN/AN/AN/A

Target Retirement 2040 Fund Investor Class

Inception: 01/02/2009 (HABBX)
19.93%16.41%-4.84%14.76%28.36%N/AN/AN/AN/AN/A

Target Retirement 2045 Fund Investor Class

Inception: 01/02/2009 (HAEEX)
23.08%17.25%-6.04%15.03%28.75%N/AN/AN/AN/AN/A

Target Retirement 2050 Fund Investor Class

Inception: 01/02/2009 (HAHHX)
25.67%17.72%-6.50%15.04%28.78%N/AN/AN/AN/AN/A

Performance data shown represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the past performance data shown. Investment returns and the value of an investment will fluctuate, and an investor's shares, when sold, may be worth more or less than their original cost. You can obtain performance data current to the most recent month-end (available within seven business days after the most recent month-end) by calling 800-422-1050 or visiting www.harborfunds.com.

The current yield more closely reflects the current earnings of the Harbor Money Market Fund than the total return.

The Harbor Funds performance shown assumes the reinvestment of dividend and capital gain distributions and is net of management fees and expenses. Returns for periods less than one year are not annualized.

From time to time, certain fees and/or expenses have been voluntarily waived, which has resulted in higher returns. Without these waivers, the returns would have been lower. Voluntary waivers may be applied or discontinued at any time without notice.

An investment in the Harbor Money Market Fund is not guaranteed by the FDIC or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

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.