Harbor Money Market Fund Institutional Class (HARXX)

Institutional Class | Administrative Class
Fund Facts
Current 7-Day SEC Yield 0.19%
Effective 7-Day SEC Yield 0.19%
YTD Return (09/08/2010) 0.13%
Average Annual Total Returns Since Inception (As of 08/31/2010) 4.17%
Inception Date 12/29/1987
Net Expense Ratio 0.30%
Gross Expense Ratio 0.39%
Portfolio Manager
Fischer Francis Trees & Watts Inc.
Ken O'Donnell, CFA
Total Net Assets (08/31/2010) $145.578 million
Ticker HARXX
Fund Number 2015
CUSIP 411511405
WSJ Symbol n/a
Investment Style
Overview

The Harbor Money Market Fund is subadvised by Fischer Francis Trees & Watts, Inc. The Fund invests in U.S. dollar-denominated money market securities that may include those issued by:

  • U.S. and foreign banks
  • Corporate issuers
  • U.S. government and its agencies and instrumentalities
  • U.S. states and municipalities
  • Foreign governments
  • Multinational organizations such as the World Bank

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.

Get a prospectus >> |Read fund manager commentary: PDF|HTML

Performance Summary Performance Details >

As of Quarter-Ended 06/30/2010
YTD1 Year5 Year10 YearSince Inception
0.09%0.15%2.87%2.61%4.20%

Growth of a Hypothetical $10,000 Investment

Potential Risk & Return - Fixed Income Funds

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.

I'd Like To...
Quick Links
Overview Strategy Performance Holdings Management Fees & Expenses Documents

Contractual until 02/28/2011

Represents the average daily dividends for the 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.

Average annualized income dividend over the last 7 days.

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.