Harbor Unconstrained Bond Fund Administrative Class (HRUBX)

Current Price (As of 11/21/2014)

Price (NAV $)Change ($)Change (%)
$10.77 $0.04   0.37%  
Current 30-Day Subsidized SEC
Yield (%)
Current 30-Day Unsubsidized SEC
Yield (%)
Effective 30-Day Subsidized SEC
Yield (%)
Effective 30-Day Unsubsidized SEC
Yield (%)
1.20% 0.88% 1.20% 0.89%

Price History Chart

to

Performance Chart

Source: Morningstar, Inc.

Total Returns - Month End (Annualized Total Returns as of the Month Ended 10/31/2014)

Annualized Total Returns as of the Month Ended 10/31/2014
Annualized Total Returns as of the Month Ended 10/31/2014
 3 MoYTD Return1 Yr3 Yr5 Yr10 YrSince
Incp.
Expense Ratio
NetGross
Harbor Unconstrained Bond Fund0.84%2.67%2.01%3.53%N/AN/A2.98%1.30% 1.59%
BofA Merrill Lynch US Dollar 3-Month LIBOR Constant Maturity Index0.06%0.20%0.24%0.35% N/A N/A N/A --
Barclays U.S. Aggregate Bond Index1.40%5.12%4.14%2.73% N/A N/A N/A --

Total Returns - Quarter End (Annualized Total Returns as of the Quarter Ended 09/30/2014)

Annualized Total Returns as of the Quarter Ended 09/30/2014
Annualized Total Returns as of the Quarter Ended 09/30/2014
 3 MoYTD Return1 Yr3 Yr5 Yr10 YrSince
Incp.
Expense Ratio
NetGross
Harbor Unconstrained Bond Fund0.09%2.48%1.82%3.43%N/AN/A3.00%1.30% 1.59%
BofA Merrill Lynch US Dollar 3-Month LIBOR Constant Maturity Index0.06%0.18%0.24%0.35% N/A N/A N/A --
Barclays U.S. Aggregate Bond Index0.17%4.10%3.96%2.43% N/A N/A N/A --

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

As of Year Ended 12/31
As of Year Ended 12/31
 201320122011
Harbor Unconstrained Bond Fund-0.25%7.81%1.10%
BofA Merrill Lynch US Dollar 3-Month LIBOR Constant Maturity Index0.29%0.51%0.27%
Barclays U.S. Aggregate Bond Index-2.03%4.22%7.84%

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 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.

The Barclays U.S. Aggregate Bond Index is an unmanaged index of investment-grade fixed-rate debt issues with maturities of at least one year. This unmanaged index does not reflect fees and expenses and is not available for direct investment.

The BofA Merrill Lynch US Dollar 3-Month LIBOR Constant Maturity Index tracks the performance of a synthetic asset paying Libor to a stated maturity. The index is based on the assumed purchase at par of a synthetic instrument having exactly its stated maturity and with a coupon equal to that day's fixing rate. That issue is assumed to be sold the following business day (priced at a yield equal to the current day fixing rate) and rolled into a new instrument.


Represents the average daily dividends for 30 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 fee waivers currently in effect.

Represents the average daily dividends for 30 days, annualized by 365 days and divided by the net asset value per share at the end of the period. Does not reflect reimbursements or fee waivers currently in effect.

The Adviser has contractually agreed to limit the Fund's operating expenses, excluding Interest Expense from Sale-Buyback Transactions, to 1.05% and 1.30% for the Institutional Class and Administrative Class, respectively, through February 28, 2015. Only the Board of Trustees may modify or terminate this agreement.

Contractual expense limitation until February 28, 2015 (excluding interest expense from sale-buyback transactions)

Ex-Date. The date on which a Fund's net asset value (NAV) will fall by an amount equal to the dividend and/or capital gain distribution plus or minus any change in the value of the Fund's holdings.

Represents the average daily dividends for 30 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 fee waivers currently in effect.

Represents the average daily dividends for 30 days, annualized by 365 days and divided by the net asset value per share at the end of the period. Reflects reimbursements or fee waivers 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.