Harbor Money Market Fund Institutional Class (HARXX)

Fund Facts
Price (NAV) (12/02/2016) $1.00
Current 7-Day Subsidized SEC Yield (12/02/2016) 0.39%
Current 7-Day Unsubsidized SEC Yield (12/02/2016) 0.06%
YTD Return (12/02/2016) 0.31%
Average Annual Total Returns Since Inception (As of 11/30/2016) 3.29%
Daily Liquid Assets(12/01/2016) 47.24%
Weekly Liquid Assets(12/01/2016) 93.24%
Inception Date 12/29/1987
Net Expense Ratio 0.28%
Gross Expense Ratio 0.34%
Portfolio Manager
Fischer Francis Trees & Watts Inc.
Kenneth O'Donnell, CFA
Total Net Assets (11/30/2016) $147.539 million
Ticker HARXX
Fund Number 2015
CUSIP 411511405
WSJ Symbol n/a
Overview
The Harbor Money Market Fund will invest 99.5% or more of its total assets in cash, "government securities" and/or repurchase agreements that are "collateralized fully" (i.e., collateralized by cash or government securities) so as to qualify as a "government money market fund". The Fund's subadviser, Fischer Francis Trees & Watts, Inc., selects securities for the Fund's portfolio by focusing on securities that appear to offer the best relative value based on an analysis of their credit quality and interest rate sensitivity.

View supplemental data regarding the Fund's market-based NAV and asset liquidity.

Performance Summary Performance Details >

As of Quarter Ended 09/30/2016
YTD1 Year5 Year10 YearSince Inception
0.24%0.28%0.12%0.98%3.30%

Growth of a Hypothetical $10,000 Investment

Source: Morningstar, Inc.

Potential Risk & Return - Fixed Income Funds

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 or contractually waived or reimbursed, which has resulted in higher returns. Without these waivers or reimbursements, the returns would have been lower. Voluntary waivers or reimbursements may be applied or discontinued at any time without notice. Only the Board of Trustees may modify or terminate contractual fee waivers or expense reimbursements.

You could lose money by investing in the Harbor Money Market Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the FDIC or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund and you should not expect the sponsor to provide financial support to the Fund at any time. 

The BofA Merrill Lynch 3-Month US Treasury Bill Index is comprised of a single U.S. Treasury Bill issue purchased at the beginning of each month and held for a full month, at which time that issue is sold and rolled into a newly selected issue. The issue selected each month is that having a maturity date closest to, but not beyond 90 days from the rebalance date.

© 2016 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.


The percentage of the Fund's total assets invested in securities that can be converted into cash within one business day. Regulations require that a money market mutual fund hold at least 10% of its total assets in daily liquid assets.

The percentage of the Fund's total assets invested in securities that can be converted into cash within five business days.  Regulations require that a money market mutual fund hold at least 30% of its total assets in weekly liquid assets.

Restated to reflect current fees.

Contractual management fee waiver, and contractual expense limitation, excluding interest expense, if any, until February 28, 2017

The Adviser has contractually agreed to reduce the management fee to 0.18% through February 28, 2017. Additionally, the Adviser has contractually agreed to limit the Fund's operating expenses, excluding interest expense (if any), to 0.28% and 0.53% for the Institutional Class and Administrative Class, respectively, through February 28, 2017.  Only the Board of Trustees may modify or terminate this agreement.

Restated to reflect current fees.

Represents the average daily dividends for the last seven days, assuming all dividends are reinvested, annualized by 365 days and divided by the net asset value per share at the end of the period. Does not reflect reimbursements or waivers currently in effect.

Average annualized income dividend over the last 7 days. Reflects reimbursements or waivers of fees currently in effect.

Average annualized income dividend over the last seven days. Does not reflect reimbursements or waivers currently in effect.

The Adviser has contractually agreed to reduce the management fee to 0.18% through February 28, 2017. Additionally, the Adviser has contractually agreed to limit the Fund's operating expenses, excluding interest expense (if any), to 0.28% and 0.53% for the Institutional Class and Administrative Class, respectively, through February 28, 2017.  Only the Board of Trustees may modify or terminate this agreement.

Represents the average daily dividends for the last seven days, assuming all dividends are reinvested, annualized by 365 days and divided by the net asset value per share at the end of the period. Reflects reimbursements or waivers of fees currently in effect.

Average annualized income dividend over the last seven days. Reflects reimbursements or waivers of fees currently in effect.

About Expense Ratios: All mutual funds have expense ratios which represent what shareholders pay for operating expenses and management fees. Expense ratios are expressed as an annualized percentage of a fund's average net assets paid out in expenses. Net expense ratios reflect adjustments due to voluntary or contractual fee waivers or expense reimbursements. Expense ratio information is as of the Fund's current prospectus, as revised and supplemented from time to time.