Harbor Target Retirement 2050 Fund Investor Class (HAHHX)

Current Price (As of 08/29/2014)

Price History Chart

to

Performance Chart

Source: Morningstar, Inc.

Total Returns - Month End (Annualized Total Returns as of the Month Ended 08/31/2014)

Annualized Total Returns as of the Month Ended 08/31/2014
Annualized Total Returns as of the Month Ended 08/31/2014
 3 MoYTD Return1 Yr3 Yr5 Yr10 YrSince
Incp.
Expense Ratio
NetGross
Harbor Target Retirement 2050 Fund1.92%5.33%18.78%15.25%13.25%N/A14.55%1.16% 1.16%
Russell 3000® Index4.70%9.23%24.74%20.65%17.22% N/A N/A --
MSCI EAFE (ND) Index-1.17%2.56%16.43%11.36%8.21% N/A N/A --
Barclays U.S. Aggregate Bond Index0.90%4.81%5.66%2.91%4.48% N/A N/A --

Total Returns - Quarter End (Annualized Total Returns as of the Quarter Ended 06/30/2014)

Annualized Total Returns as of the Quarter Ended 06/30/2014
Annualized Total Returns as of the Quarter Ended 06/30/2014
 3 MoYTD Return1 Yr3 Yr5 Yr10 YrSince
Incp.
Expense Ratio
NetGross
Harbor Target Retirement 2050 Fund3.46%5.52%23.40%11.47%15.70%N/A15.07%1.16% 1.16%
Russell 3000® Index4.87%6.94%25.22%16.46%19.33% N/A N/A --
MSCI EAFE (ND) Index4.09%4.78%23.57%8.10%11.77% N/A N/A --
Barclays U.S. Aggregate Bond Index2.04%3.93%4.37%3.66%4.85% 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
 20132012201120102009
Harbor Target Retirement 2050 Fund25.67%17.72%-6.50%15.04%28.78%
Russell 3000® Index33.55%16.42%1.03%16.93%28.34%
MSCI EAFE (ND) Index22.78%17.32%-12.14%7.75%31.78%
Barclays U.S. Aggregate Bond Index-2.03%4.22%7.84%6.54%5.93%

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 Harbor Target Retirement Income Fund is designed for investors currently in retirement, and its investments are expected to remain stable over time. The other Harbor Target Retirement Funds are designed for investors who plan to retire close to the year indicated in the Funds' names. These Funds' asset allocations will change over time and become more conservative as time elapses. The principal value of the Funds is not guaranteed at any time, including the target retirement date.

The MSCI EAFE (ND) Index is an unmanaged index generally representative of major overseas stock markets. This unmanaged index does not reflect fees and expenses and is not available for direct investment.

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 Russell 3000® Index is an unmanaged index that measures the performance of the largest 3000 U.S. companies representing approximately 98% of the investable U.S. equity market. The Russell 3000® Index is constructed to provide a comprehensive, unbiased and stable barometer of the broad market and is completely reconstituted annually to ensure new and growing equities are reflected. This unmanaged index does not reflect fees and expenses and is not available for direct investment. The Russell 3000® Index and Russell® are trademarks of Russell Investments.


Total annual fund operating expenses shown in this table will not correlate to the expense ratio shown in the Financial Highlights table found in the prospectus because that ratio does not include the Acquired Funds' fees and expenses.

The Fund's shareholders indirectly bear the expenses of the Institutional Class of the underlying Harbor funds (the Acquired Fund) in which the Fund invests.  This figure includes transaction costs (i.e. purchase and redemption fees), if any, imposed on the Fund by the Acquired Funds. See the prospectus for further details.

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.

Reflects indirect expenses of the underlying Harbor funds

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.