The portfolio manager focuses on securities that appear to offer the best relative value based on an analysis of their credit quality and interest rate sensitivity. The portfolio manager actively trades among issuer sectors, so that the Fund benefits from those that have the greatest near-term return potential. More than 25% of its assets may be invested in banking industry securities, while the remainder of the Fund might be a variety of money market securities including commercial paper, certificates of deposit, bankers' acceptances, mortgage-based and asset-backed securities, repurchase agreements and other short-term debt securities.
As of Quarter Ended 12/31/2013
YTD 1 Year 5 Year 10 Year Since Inception 0.08% 0.08% 0.13% 1.69% 3.64%
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 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.