Harbor Money Market Fund Institutional Class (HARXX)

Current Price (As of 02/07/2012)

Current 7 Day SEC Yield (%)Effective 7 Day SEC Yield (%)
0.05% 0.05%

Price History Chart

to

Performance Chart

Total Returns - Month End (Annualized Total Returns as of the Month-Ended 01/31/2012)

Annualized Total Returns as of the Month-Ended 01/31/2012
Annualized Total Returns as of the Month-Ended 01/31/2012
 3 MoYTD Return1 Yr3 Yr5 Yr10 YrSince
Incp.
Expense Ratio
NetGross
Harbor Money Market Fund0.01%0.00%0.08%0.14%1.50%1.88%3.93%0.28% 0.32%
BofA Merrill Lynch US 3-Month Treasury Bill Index0.00%0.00%0.09%0.15%1.40%1.94%4.08%--

Total Returns - Quarter End (Annualized Total Returns as of the Quarter-Ended 12/31/2011)

Annualized Total Returns as of the Quarter-Ended 12/31/2011
Annualized Total Returns as of the Quarter-Ended 12/31/2011
 3 MoYTD Return1 Yr3 Yr5 Yr10 YrSince
Incp.
Expense Ratio
NetGross
Harbor Money Market Fund0.01%0.09%0.09%0.16%1.59%1.90%3.94%0.28% 0.32%
BofA Merrill Lynch US 3-Month Treasury Bill Index0.00%0.10%0.10%0.15%1.48%1.95%4.10%--

Year-by-Year Total Returns (As of Year-Ended 12/31)

As of Year-Ended 12/31
As of Year-Ended 12/31
 20072008200920102011
Harbor Money Market Fund5.09%2.47%0.20%0.18%0.09%
BofA Merrill Lynch US 3-Month Treasury Bill Index5.00%2.06%0.21%0.13%0.10%

Performance data shown represents past performance and is no guarantee of future results. Current performance may be higher or lower than performance data shown. 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.


The Adviser has contractually agreed to reduce the management fee to 0.18% through February 29, 2012.

The Adviser has contractually agreed to limit the Fund's operating expenses through February 29, 2012.  Only the Board of Trustees may modify or terminate this agreement.

Contractual expense limitation until 02/29/2012

The Adviser has contractually agreed to reduce the management fee to 0.18% through February 29, 2012.

The Adviser has contractually agreed to limit the Fund's operating expenses through February 29, 2012.  Only the Board of Trustees may modify or terminate this agreement.

Other Expenses and Total Annual Fund Operating Expenses have been restated to reflect current fees.

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.