The Commodity Index is structured so that no related group of commodities may constitute more than 33% of the index and no single commodity may constitute more than 15% or less than 2% of the index. The Fund will seek to gain exposure to the commodity markets primarily through investments in commodity index-linked notes and through investments in Harbor Cayman Commodity Fund Ltd., a wholly-owned subsidiary of the Fund organized under the laws of the Cayman Islands. The Fund may invest up to 25% of its total assets in this subsidiary, 30% in securities denominated in foreign currencies, and 10% in securities and instruments that are economically tied to emerging market countries. The Fund will typically limit its foreign currency exposure to 20% of its total assets.
As of Quarter-Ended 03/31/2013
YTD 1 Year 5 Year 10 Year Since Inception -0.70% 1.28% N/A N/A -1.80%
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 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.
The Dow Jones-UBS Commodity Index Total ReturnSM is composed of futures contracts on 19 physical commodities. This unmanaged index does not reflect fees and expenses and is not available for direct investment
The Harbor Commodity Real Return Strategy Fund received a 5-star Overall Morningstar Rating™ as of 04/30/2013 out of 57 Commodities Broad Basket funds. Commodity Real Return Strategy Fund was rated 5-star among 57 domestic Commodities Broad Basket funds for the three-year period ended 04/30/2013. The Morningstar Rating is for the Administrative share class only; other classes may have different performance characteristics.