Please note the Harbor Emerging Markets Equity Fund management will change from Oaktree Capital Management L.P. to Marathon Asset Management LLP (Marathon-London) and is expected to occur on September 23, 2020.
| Prospectus | Fact Sheet | Commentary
"What we're trying to do is find very interesting companies with sound business models that generate good, strong cash flows and identify points in time where we can buy these companies at attractive valuations."Frank Carroll and Tim Jensen, Co-Portfolio Managers, Oaktree Capital Management, L.P.
As of 9/22/2020
| Price (NAV) | $11.08 |
| Daily Change ($) | -$0.05 |
| Daily Change (%) | -0.45% |
| YTD Return | -5.30% |
| Inception Date | 11/1/2013 |
| Net Expense Ratio | 1.01% |
| Gross Expense Ratio | 1.30% |
| Total Net Assets (million) (As of 8/31/2020) | $65.363 |
| Ticker | HAEMX |
| Fund Number | 2036 |
| Share Class | Institutional |
| Taiwan Semiconductor Manufacturing Co. Ltd. ADR [TSM] | 6.4% |
| Samsung Electronics Co. Ltd. [005930] | 6.3% |
| Tencent Holdings Ltd. [700] | 5.2% |
| Reliance Industries Ltd. [RELIANCE] | 3.6% |
| Ping An Insurance Group Co. of China Ltd. [2318] | 3.3% |
| MediaTek Inc. [2454] | 3.2% |
| AngloGold Ashanti Ltd. ADR [AU] | 3.0% |
| Charoen Pokphand Foods PCL [CPF-F] | 2.8% |
| Alibaba Group Holding Ltd. [9988] | 2.5% |
| Sberbank of Russia PJSC ADR [SBER] | 2.3% |
| % of Total Holdings: | 38.6% |
As of 6/30/2020
Performance data shown represents past performance and is no guarantee of future results. Past performance is net of management fees and expenses and reflects reinvested dividends and distributions. Past performance reflects the beneficial effect of any expense waivers or reimbursements, without which returns would have been lower. Investment returns and principal value will fluctuate and when redeemed may be worth more or less than their original cost. Returns for periods less than one year are not annualized. Current performance may be higher or lower and is available through the most recent month end at harborfunds.com or by calling 800-422-1050.
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.
There is no guarantee that the investment objective of the Fund will be achieved. Stock markets are volatile and equity values can decline significantly in response to adverse issuer, political, regulatory, market and economic conditions. Investing in international and emerging markets poses special risks, including potentially greater price volatility due to social, political and economic factors, as well as currency exchange rate fluctuations. These risks are more severe for securities of issuers in emerging market regions. Stocks of small and mid cap companies pose special risks, including possible illiquidity and greater price volatility than stocks of larger, more established companies.
The MSCI Emerging Markets (ND) Index is a market capitalization weighted index of equity securities in more than 20 emerging market economies. This unmanaged index does not reflect fees and expenses and is not available for direct investment.
