Harbor - Trusted Partnerships - Trusted Solutions

Harbor Core Bond Fund (HACBX)

Overview
Performance
Holdings
Investment Team
Documents

Overview

Current Price

as of 9/23/2022

NAV Price

$8.91

NAV Daily Change ($)

-$0.02

NAV Daily Change (%)

-0.22%

NAV YTD Return

-13.77%

Current 30-Day Sub. SEC Yield

3.34%

disclaimer

Current 30-Day Unsub. SEC Yield

3.20%

disclaimer

Effective 30-Day Sub. SEC Yield

3.39%

disclaimer

Effective 30-Day Unsub. SEC Yield

3.25%

disclaimer

Fund Facts

Inception Date

6/1/2018

Net Expense Ratio

0.34%disclaimer

Gross Expense Ratio

0.40%

Total Net Assets (million)

as of 8/31/2022

$29.94

Ticker

HACBX

Fund Number

2043

Share Class

Institutional

Top 10 Holdings

as of 6/30/2022

US TREASURY N/B 01/27 1.5

4.7%

US TREASURY N/B 02/42 2.375

3.5%

US TREASURY N/B 02/52 2.25

2.3%

US TREASURY N/B 08/40 1.125

2.3%

FED HM LN PC POOL ZA1195 FR 05/42 FIXED 3.5

2.0%

FEDERAL NATIONAL MORTGAGE ASSOCIATION

1.6%

GNMA II POOL 785283 G2 01/51 FIXED 2.5

1.5%

FED HM LN PC POOL SD0499 FR 08/50 FIXED 3

1.4%

FNMA POOL FM8672 FN 11/46 FIXED VAR

1.2%

US TREASURY N/B 02/32 1.875

1.2%

% of Total Holdings:

21.7%

left quote

“Our team comes in every day excited to build a diversified portfolio comprised of unique bond structures and attractive relative-value ideas.  Sitting shoulder-to-shoulder, our portfolio managers, traders, and analysts work together to provide solid, consistent investment results within appropriate risk parameters."

right quote

Bill O'Malley

Chief Executive Officer, Co-Chief Investment Officer and Senior Portfolio Manager, Income Research + Management

Performance

Total Returns

MONTH-END
QUARTER-END
MONTH-BY-MONTH
YEAR-BY-YEAR

Fund Name

3 Mo.

YTD Return

1 Yr.

3 Yr.

Since Inception

Net Expense Ratio

Gross Expense Ratio

Core Bond Fund

-1.78%

-10.87%

-11.88%

-1.71%

1.20%

0.34%disclaimer

0.40%

Bloomberg US Aggregate Bond Index

-2.01%

-10.75%

-11.52%

-2.00%

0.99%

--

--

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 harborcapital.com or by calling 800-422-1050.

The Bloomberg US 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.

Price History

CHART
TABLE

Record Date

Reinvest Date

Payable Date

Return of Capital Non Taxable Dist

Ordinary Income

Total Capital Gains

Short Term Capital Gains

Mid Term Capital Gains

Long Term Capital Gains

Total Distribution

Foreign Tax Credit

Reinvest Price

8/29/2022

8/30/2022

8/30/2022

0.00000

0.02258

0.00000

--

0.00000

--

0.02258

0.00000

--

7/27/2022

7/28/2022

7/28/2022

0.00000

0.01869

0.00000

--

0.00000

--

0.01869

0.00000

--

6/28/2022

6/29/2022

6/29/2022

0.00000

0.02150

0.00000

--

0.00000

--

0.02150

0.00000

--

5/25/2022

5/26/2022

5/26/2022

0.00000

0.02077

0.00000

--

0.00000

--

0.02077

0.00000

--

4/27/2022

4/28/2022

4/28/2022

0.00000

0.01467

0.00000

--

0.00000

--

0.01467

0.00000

--

3/29/2022

3/30/2022

3/30/2022

0.00000

0.02048

0.00000

--

0.00000

--

0.02048

0.00000

--

2/24/2022

2/25/2022

2/25/2022

0.00000

0.01343

0.00000

--

0.00000

--

0.01343

0.00000

--

1/27/2022

1/28/2022

1/28/2022

0.00000

0.01204

0.00000

--

0.00000

--

0.01204

0.00000

--

12/29/2021

12/30/2021

12/30/2021

0.00000

0.08259

0.00000

--

0.00000

--

0.08259

0.00000

--

11/26/2021

11/29/2021

11/29/2021

--

0.01150

0.00000

--

--

--

--

--

10.59

10/27/2021

10/28/2021

10/28/2021

--

0.01266

0.00000

--

--

--

--

--

10.61

9/28/2021

9/29/2021

9/29/2021

0.00000

0.01190

0.00000

0.00000

0.00000

0.00000

0.01190

0.00000

10.63

8/27/2021

8/30/2021

8/30/2021

0.00000

0.01513

0.00000

0.00000

0.00000

0.00000

0.01513

0.00000

10.74

7/28/2021

7/29/2021

7/29/2021

0.00000

0.01466

0.00000

0.00000

0.00000

0.00000

0.01466

0.00000

10.76

6/28/2021

6/29/2021

6/29/2021

0.00000

0.01643

0.00000

0.00000

0.00000

0.00000

0.01643

0.00000

10.66

5/26/2021

5/27/2021

5/27/2021

0.00000

0.01370

0.00000

0.00000

0.00000

0.00000

0.01370

0.00000

10.60

4/28/2021

4/29/2021

4/29/2021

0.00000

0.01338

0.00000

0.00000

0.00000

0.00000

0.01338

0.00000

10.59

3/29/2021

3/30/2021

3/30/2021

0.00000

0.03671

0.00000

0.00000

0.00000

0.00000

0.03671

0.00000

10.53

12/16/2020

12/17/2020

12/17/2020

0.00000

0.08317

0.22475

0.08232

0.00000

0.14243

0.30792

0.00000

10.87

9/28/2020

9/29/2020

9/29/2020

0.00000

0.05629

0.00000

0.00000

0.00000

0.00000

0.05629

0.00000

11.13

6/26/2020

6/29/2020

6/29/2020

0.00000

0.05739

0.00000

0.00000

0.00000

0.00000

0.05739

0.00000

11.05

3/27/2020

3/30/2020

3/30/2020

0.00000

0.06157

0.00000

0.00000

0.00000

0.00000

0.06157

0.00000

10.61

12/13/2019

12/16/2019

12/16/2019

0.00000

0.09052

0.07274

0.01933

0.00000

0.05341

0.16326

0.00000

10.45

9/25/2019

9/26/2019

9/26/2019

0.00000

0.07084

0.00000

0.00000

0.00000

0.00000

0.07084

0.00000

10.59

6/26/2019

6/27/2019

6/27/2019

0.00000

0.07389

0.00000

0.00000

0.00000

0.00000

0.07389

0.00000

10.43

3/27/2019

3/28/2019

3/28/2019

0.00000

0.06214

0.00000

0.00000

0.00000

0.00000

0.06214

0.00000

10.21

12/14/2018

12/17/2018

12/17/2018

0.00000

0.08695

0.00000

0.00000

0.00000

0.00000

0.08695

0.00000

9.90

9/26/2018

9/27/2018

9/27/2018

0.00000

0.06675

0.00000

0.00000

0.00000

0.00000

0.06675

0.00000

9.92

6/27/2018

6/28/2018

6/28/2018

0.00000

0.01853

0.00000

0.00000

0.00000

0.00000

0.01853

0.00000

9.98

Holdings

Portfolio Characteristics

as of 6/30/2022

Core Bond Fund

Bloomberg US Aggregate Bond Index

Number of Bonds

199

12563

Avg. Market Coupon (%)

3.09

2.54

Wtd. Avg. Maturity (yrs)

8.56

8.63

Wtd. Avg. Duration (yrs)

6.32

6.44

Top Ten Holdings

as of 6/30/2022

Company Name

Maturity Date

Coupon Rate (%)

Value ($000's)

% of Net Assets

US TREASURY N/B 01/27 1.5

1/31/2027

1.5

2,689

4.7

US TREASURY N/B 02/42 2.375

2/15/2042

2.4

2,013

3.5

US TREASURY N/B 02/52 2.25

2/15/2052

2.3

1,329

2.3

US TREASURY N/B 08/40 1.125

8/15/2040

1.1

1,292

2.3

FED HM LN PC POOL ZA1195 FR 05/42 FIXED 3.5

5/1/2042

3.5

1,116

2.0

FEDERAL NATIONAL MORTGAGE ASSOCIATION

8/1/2050

2.0

895

1.6

GNMA II POOL 785283 G2 01/51 FIXED 2.5

1/20/2051

2.5

863

1.5

FED HM LN PC POOL SD0499 FR 08/50 FIXED 3

8/1/2050

3.0

777

1.4

FNMA POOL FM8672 FN 11/46 FIXED VAR

11/1/2046

4.0

688

1.2

US TREASURY N/B 02/32 1.875

2/15/2032

1.9

679

1.2

% of Total Holdings:

--

--

--

21.7%

This information should not be considered as a recommendation to purchase or sell a particular security. The holdings mentioned may change at any time and may not represent current or future investments.

as of 6/30/2022

Company Name

Maturity Date

Coupon Rate (%)

Market Value ($000's)

% of Net Assets

US TREASURY N/B 01/27 1.5

1/31/2027

1.5

2,689

4.7

US TREASURY N/B 02/42 2.375

2/15/2042

2.4

2,013

3.5

US TREASURY N/B 02/52 2.25

2/15/2052

2.3

1,329

2.3

US TREASURY N/B 08/40 1.125

8/15/2040

1.1

1,292

2.3

FED HM LN PC POOL ZA1195 FR 05/42 FIXED 3.5

5/1/2042

3.5

1,116

2.0

FEDERAL NATIONAL MORTGAGE ASSOCIATION

8/1/2050

2.0

895

1.6

GNMA II POOL 785283 G2 01/51 FIXED 2.5

1/20/2051

2.5

863

1.5

FED HM LN PC POOL SD0499 FR 08/50 FIXED 3

8/1/2050

3.0

777

1.4

FNMA POOL FM8672 FN 11/46 FIXED VAR

11/1/2046

4.0

688

1.2

US TREASURY N/B 02/32 1.875

2/15/2032

1.9

679

1.2

United Airlines Pass-Through Trust

10/11/2027

4.0

630

1.1

New York State Urban Development Corp.

3/15/2039

5.8

602

1.1

BANK BANK 2021 BN36 A5

9/15/2064

2.5

595

1.0

Government National Mortgage Association

6/20/2045

4.5

540

0.9

AT&T Inc.

6/12/2024

4.0

506

0.9

FNMA POOL FM4622 FN 07/50 FIXED VAR

7/1/2050

3.0

491

0.9

Morgan Stanley MTN

7/27/2026

3.1

473

0.8

FNMA POOL FM8968 FN 04/48 FIXED VAR

4/1/2048

1.0

458

0.8

PSMC TRUST PSMC 2021 2 A3 144A

5/25/2051

2.5

453

0.8

PALMER SQUARE CLO LTD PLMRS 2013 2A A1A3 144A

10/17/2031

0.0

437

0.8

COMM MORTGAGE TRUST COMM 2014 UBS3 A3

6/10/2047

3.5

434

0.8

Progress Residential Trust

9/17/2036

2.3

425

0.7

SMALL BUSINESS ADMINISTRATION SBAP 2022 25E 1

5/1/2047

3.9

422

0.7

BX Commercial Mortgage Trust

10/15/2036

2.9

415

0.7

PEACEHEALTH OBLIGATED GR SR UNSECURED 11/25 1.375

11/15/2025

1.4

405

0.7

AIA GROUP LTD SR UNSECURED 144A 04/29 3.6

4/9/2029

3.6

404

0.7

FNMA POOL FM5721 FN 12/40 FIXED VAR

12/1/2040

3.0

403

0.7

CVS Pass-Through Trust

7/10/2031

8.4

392

0.7

BX TRUST BX 2021 VOLT A 144A

9/15/2036

0.8

389

0.7

State of California

4/1/2034

7.5

386

0.7

PALMER SQUARE LOAN FUNDING LTD PSTAT 2022 2A A1 144A

10/15/2030

0.0

384

0.7

Penske Truck Leasing Co. LP / Ptl Finance Corp.

2/1/2024

3.9

378

0.7

FNMA POOL CA6738 FN 08/50 FIXED 3

8/1/2050

3.0

374

0.7

Bank of America Corp. MTN

4/19/2026

3.5

371

0.6

Air Lease Corp.

7/3/2023

3.9

371

0.6

Charter Communications Operating LLC / Charter Communications Operating Capital

10/23/2035

6.4

371

0.6

BAE Systems Holdings Inc.

4/15/2030

3.4

366

0.6

AMSR TRUST AMSR 2021 SFR3 A 144A

10/17/2038

1.5

363

0.6

Sunoco Logistics Partners Operations LP

7/15/2026

3.9

361

0.6

FNMA POOL FM5767 FN 09/49 FIXED VAR

9/1/2049

1.0

355

0.6

JPMorgan Chase & Co.

7/23/2029

4.2

353

0.6

FEDERAL REALTY INVESTMEN SR UNSECURED 02/26 1.25

2/15/2026

1.3

352

0.6

U.S. Small Business Administration

7/1/2038

3.5

352

0.6

BENCHMARK MORTGAGE TRUST 06/54 2.391

6/15/2054

2.4

349

0.6

US TREASURY N/B 08/51 2

8/15/2051

2.0

349

0.6

DOMINOS PIZZA MASTER ISSUER LL DPABS 2021 1A A2I 144A

4/25/2051

2.7

345

0.6

FNMA POOL CA6097 FN 06/50 FIXED 3.5

6/1/2050

3.5

345

0.6

ALIGNED DATA CENTERS ISSUER LL ADC 2021 1A A2 144A

8/15/2046

1.9

341

0.6

General Motors Financial Co. Inc.

6/19/2023

4.2

334

0.6

FIRSTKEY HOMES 2020 SFR1 TRUST FKH 2020 SFR2 A 144A

10/19/2037

1.3

333

0.6

TACO BELL FUNDING, LLC BELL 2021 1A A2II 144A

8/25/2051

2.3

322

0.6

JPMDB COMMERCIAL MORTGAGE SECU JPMDB 2019 COR6 A4

11/13/2052

3.1

322

0.6

MACQUARIE GROUP LTD SR UNSECURED 144A 01/27 VAR

1/12/2027

1.3

320

0.6

Oracle Corp.

4/1/2025

2.5

317

0.6

Southern Co.

7/1/2026

3.3

316

0.6

OAK STREET INVESTMENT GRADE NE OAKIG 2020 1A A1 144A

11/20/2050

1.9

311

0.5

Citigroup Inc.

5/1/2026

3.4

311

0.5

NAVIENT STUDENT LOAN TRUST NAVSL 2021 BA A 144A

7/15/2069

0.9

306

0.5

Tricon American Homes Trust

7/17/2038

1.5

305

0.5

FLAGSTAR MORTGAGE TRUST FSMT 2021 8INV A3 144A

9/25/2051

2.5

299

0.5

Equitable Financial Life Global Funding

7/7/2025

1.4

299

0.5

UBS Group AG

4/15/2026

4.1

296

0.5

Liberty Mutual Group Inc.

2/1/2029

4.6

295

0.5

CAPITAL ONE MULTI ASSET 05/27 3.49

5/15/2027

3.5

292

0.5

FNMA POOL BR5632 FN 03/51 FIXED 2

3/1/2051

2.0

287

0.5

U.S. Treasury Inflation Index Notes

1/15/2030

0.1

287

0.5

Lloyds Banking Group plc

2/5/2026

2.4

284

0.5

CF Hippolyta Issuer LLC

7/15/2060

1.7

283

0.5

Government National Mortgage Association

8/20/2047

4.5

282

0.5

FNMA POOL BJ4564 FN 01/48 FIXED 4

1/1/2048

4.0

281

0.5

FNMA POOL FM6497 FN 03/51 FIXED VAR

3/1/2051

2.0

277

0.5

Exelon Corp.

6/15/2045

5.1

274

0.5

FHLMC MULTIFAMILY STRUCTURED P FHMS K140 A2

3/25/2054

2.3

274

0.5

FNMA POOL FM8922 FN 09/50 FIXED VAR

9/1/2050

4.5

273

0.5

FNMA POOL CA0623 FN 10/47 FIXED 4.5

10/1/2047

4.5

271

0.5

Aercap Ireland Capital Dac / Aercap Global Aviation Trust

7/3/2023

4.1

269

0.5

FERGUSON FINANCE PLC COMPANY GUAR 144A 06/30 3.25

6/2/2030

3.3

269

0.5

Fresb Mortgage Trust

2/25/2039

2.5

264

0.5

FREDDIE MAC SCRT SCRT 2021 1 MA

9/25/2060

2.0

255

0.4

Federal Home Loan Mortgage Corp.

2/1/2046

4.0

253

0.4

Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide Inc.

2/1/2046

4.9

252

0.4

FNMA POOL FM4330 FN 10/50 FIXED VAR

10/1/2050

2.5

251

0.4

BOEING CO. SR UNSECURED 05/30 5.15

5/1/2030

5.2

249

0.4

HOME PARTNERS OF AMERICA TRUST HPA 2020 2 A 144A

1/17/2041

1.5

245

0.4

Delta Air Lines Pass-Through Trust

1/30/2029

3.6

245

0.4

JPMorgan Chase & Co.

3/24/2031

4.5

244

0.4

FNMA POOL FM7321 FN 04/49 FIXED VAR

4/1/2049

4.0

244

0.4

Ford Credit Auto Owner Trust

8/15/2031

2.0

239

0.4

DOMINION ENERGY INC SR UNSECURED 08/33 5.25

8/1/2033

5.3

238

0.4

COX COMMUNICATIONS INC.

10/1/2030

1.8

238

0.4

Commercial Mortgage Pass-Through Certificates

12/10/2047

3.5

236

0.4

Occidental Petroleum Corp.

10/10/2036

0.0

236

0.4

Ryder System Inc. MTN

3/18/2024

3.6

235

0.4

Federal National Mortgage Association

7/1/2047

4.5

233

0.4

U.S. Small Business Administration

8/1/2035

2.8

232

0.4

FED HM LN PC POOL RA1741 FR 11/49 FIXED 3.5

11/1/2049

3.5

231

0.4

Cigna Corp.

3/1/2027

3.4

231

0.4

Federal National Mortgage Association

5/1/2046

4.5

228

0.4

Federal Home Loan Mortgage Corp.

11/1/2043

3.0

228

0.4

Berkshire Hathaway Energy Co.

4/1/2036

6.1

227

0.4

U.S. Small Business Administration

2/1/2038

3.2

226

0.4

FNMA POOL BM6373 FN 04/47 FLOATING VAR

4/1/2047

2.7

226

0.4

ABBVIE INC.

5/14/2035

4.5

224

0.4

VANTAGE DATA CENTERS LLC VDC 2020 2A A2 144A

9/15/2045

2.0

219

0.4

Federal Home Loan Mortgage Corp.

6/1/2050

2.0

217

0.4

FNMA POOL CA5181 FN 02/50 FIXED 4.5

2/1/2050

4.5

212

0.4

SOUTHERN CO SR UNSECURED 07/36 4.25

7/1/2036

4.3

209

0.4

Goldman Sachs Group Inc.

3/15/2030

3.8

205

0.4

FED HM LN PC POOL QA8518 FR 04/50 FIXED 3

4/1/2050

3.0

203

0.4

SMALL BUSINESS ADMINISTRATION SBAP 2014 20K 1

11/1/2034

2.8

200

0.4

Freddie Mac Seasoned Credit Risk Transfer Trust

8/25/2058

3.5

200

0.3

Citigroup Inc.

3/31/2031

4.4

200

0.3

Air Canada Pass-Through Trust

9/15/2028

3.6

198

0.3

Morgan Stanley

4/1/2031

3.6

198

0.3

Sabey Data Center Issuer LLC

4/20/2045

3.8

196

0.3

Benchmark Mortgage Trust

12/15/2072

2.9

194

0.3

Store Master Funding I-VII

10/20/2048

4.3

193

0.3

FNMA POOL BM6706 FN 12/36 FLOATING VAR

12/1/2036

1.0

193

0.3

MAGALLANES INC COMPANY GUAR 144A 03/52 5.141

3/15/2052

5.1

193

0.3

BROADCOM INC. CO.

9/15/2028

4.1

192

0.3

CVS Pass-Through Trust

1/10/2033

5.8

192

0.3

Federal Home Loan Mortgage Corp.

12/1/2046

3.0

190

0.3

ORACLE CORP SR UNSECURED 03/51 3.95

3/25/2051

4.0

186

0.3

FED HM LN PC POOL 841089 FH 06/47 FLOATING VAR

6/1/2047

2.2

186

0.3

NXP BV/NXP FDG/NXP USA COMPANY GUAR 05/25 2.7

5/1/2025

2.7

186

0.3

FREDDIE MAC SCRT SCRT 2020 3 MA

5/25/2060

2.0

185

0.3

Lincoln National Corp.

1/15/2031

3.4

184

0.3

Schlumberger Holdings Corp.

5/17/2028

3.9

182

0.3

Federal National Mortgage Association

2/1/2047

4.5

179

0.3

Stack Infrastructure Issuer LLC

10/25/2044

3.1

178

0.3

Pfizer Inc.

5/28/2040

2.5

178

0.3

Freddie Mac Seasoned Credit Risk Transfer Trust

8/25/2059

2.5

178

0.3

Lockheed Martin Corp.

5/15/2046

4.7

177

0.3

Aquarion Co.

8/15/2024

4.0

177

0.3

WENDYS FUNDING LLC WEN 2021 1A A2I 144A

6/15/2051

2.4

172

0.3

McDonald's Corp. MTN

7/1/2027

3.5

172

0.3

AERCAP IRELAND CAP 10/28 3

10/29/2028

3.0

169

0.3

GS Mortgage Backed Securities Trust

10/25/2050

3.0

169

0.3

Metropolitan Water Reclamation District of Greater Chicago

12/1/2038

5.7

168

0.3

Government National Mortgage Association

9/20/2041

4.0

168

0.3

Blackstone Holdings Finance Co. LLC

9/10/2049

3.5

168

0.3

Verisk Analytics Inc.

5/15/2050

3.6

168

0.3

FedEx Corp.

2/15/2048

4.0

168

0.3

U.S. Small Business Administration

10/1/2037

2.9

166

0.3

AMAZON.COM INC SR UNSECURED 04/62 4.1

4/13/2062

4.1

165

0.3

Federal Home Loan Mortgage Corp.

3/1/2049

4.5

163

0.3

Federal National Mortgage Association

4/1/2045

4.0

162

0.3

Freddie Mac Seasoned Credit Risk Transfer Trust

11/25/2059

2.0

158

0.3

Wendy's Funding LLC

6/15/2049

3.8

157

0.3

Xcel Energy Inc.

6/1/2030

3.4

156

0.3

Store Master Funding I-VII

11/20/2049

2.8

153

0.3

Five Corners Funding Trust

11/15/2023

4.4

151

0.3

UNITED AIR 2016 1 AA PTT PASS THRU CE 01/30 3.1

1/7/2030

3.1

151

0.3

Government National Mortgage Association

9/15/2046

4.0

148

0.3

Eversource Energy

10/1/2024

2.9

147

0.3

Canadian Pacific Railway Co.

9/15/2115

6.1

146

0.3

Commonspirit Health

10/1/2049

4.2

145

0.3

Home Depot Inc.

4/15/2040

3.3

145

0.3

NAVIENT STUDENT LOAN TRUST NAVSL 2021 A A 144A

5/15/2069

0.8

141

0.2

Bank of America Corp. MTN

3/15/2050

4.3

140

0.2

Toyota Motor Credit Corp. MTN

4/1/2030

3.4

138

0.2

SOUTHERN CO. GAS CAPITAL CO. GUAR 01/31 1.75

1/15/2031

1.8

135

0.2

METLIFE SECURITIZATION TRUST MST 2020 INV1 A2A 144A

5/25/2050

2.5

133

0.2

Freddie Mac Seasoned Credit Risk Transfer Trust

5/25/2057

3.0

129

0.2

Government National Mortgage Association

8/15/2045

4.0

123

0.2

Walt Disney Co.

3/23/2050

4.7

122

0.2

Citigroup Inc.

10/27/2028

3.5

121

0.2

U.S. Small Business Administration

8/1/2037

2.8

120

0.2

Verizon Communications Inc.

8/10/2033

4.5

119

0.2

MOODY S CORP. SR UNSECURED 08/60 2.55

8/18/2060

2.5

118

0.2

NORTHERN STATES PWR MINN 1ST MORTGAGE 06/52 4.5

6/1/2052

4.5

117

0.2

BLACKSTONE HOLDINGS FINANCE CO. LLC

9/30/2050

2.8

117

0.2

Northrop Grumman Corp.

5/1/2050

5.3

115

0.2

Norfolk Southern Corp.

10/1/2041

4.8

113

0.2

Federal Home Loan Mortgage Corp.

10/1/2046

3.0

110

0.2

Federal National Mortgage Association

6/1/2050

2.5

108

0.2

US TREASURY N/B 08/41 1.75

8/15/2041

1.8

106

0.2

KKR Group Finance Co. III LLC

6/1/2044

5.1

105

0.2

Comcast Corp.

4/1/2027

3.3

103

0.2

Invitation Homes Trust

3/17/2037

3.0

102

0.2

GS MORTGAGE BACKED SECURITIES GSMBS 2020 PJ4 A2 144A

1/25/2051

3.0

102

0.2

CVS Pass-Through Trust

1/10/2028

5.9

101

0.2

Mass Mutual Life Insurance Co.

4/15/2050

3.4

101

0.2

Government National Mortgage Association

2/20/2046

4.5

99

0.2

CIM TRUST CORP.

4/25/2050

2.5

87

0.2

U.S. Small Business Administration

3/1/2032

2.5

86

0.2

MICHIGAN ST UNIV REVENUES MISHGR 08/22 FIXED 4.165

8/15/2122

4.2

85

0.1

DIGITAL REALTY TRUST LP COMPANY GUAR 07/29 3.6

7/1/2029

3.6

84

0.1

BOEING CO SR UNSECURED 05/50 5.805

5/1/2050

5.8

79

0.1

U.S. TREASURY INFLATION INDEXED BONDS

2/15/2049

1.0

78

0.1

Government National Mortgage Association

1/15/2042

4.5

77

0.1

LOWE S COS INC SR UNSECURED 04/46 3.7

4/15/2046

3.7

62

0.1

FREDDIE MAC SCRT SCRT 2017 2 MA

8/25/2056

3.0

62

0.1

PSMC Trust

5/25/2050

3.0

59

0.1

Exelon Corp.

4/15/2050

4.7

58

0.1

JPMBB Commercial Mortgage Securities Trust

11/15/2048

2.8

57

0.1

KKR Group Finance Co. II LLC

2/1/2043

5.5

54

0.1

Barclays Commerical Mortgage

5/10/2063

3.5

48

0.1

Lowe's Cos Inc.

4/15/2040

5.0

48

0.1

Total

--

--

56,752

98.8

Cash and Other Assets Less Liabilities

--

--

--

1.2

Total Net Assets

--

--

--

100%

as of 6/30/2022

Economic Sector

Core Bond Fund %

Bloomberg US Aggregate Bond Index %

Securitized

45.4

30.2

Credit

33.6

27.3

Government

18.8

41.8

Municipal

2.2

0.6

as of 6/30/2022

Maturity

Core Bond Fund %

Bloomberg US Aggregate Bond Index %

0-1 yr

2.1

0.0

1-3 yr

16.7

21.4

3-5 yr

27.5

16.3

5-7 yr

18.3

17.3

7-10 yr

15.5

27.0

10-20 yr

11.1

6.6

20-30 yr

8.1

10.6

Over 30 yr

0.9

0.8

as of 6/30/2022

Duration

Core Bond Fund %

Bloomberg US Aggregate Bond Index %

0-1 yr

7.3

0.1

1-3 yr

15.7

22.4

3-5 yr

27.8

22.8

5-7 yr

22.1

27.0

7-10 yr

10.6

11.6

10-20 yr

13.3

14.5

20-30 yr

3.3

1.5

Over 30 yr

0.0

--

Investment Team

Income Research + Management


Income Research + Management is a privately-owned, independent, fixed income investment management firm that serves institutional and private clients. They believe that an open, collaborative culture promotes excellence from an investment team of high energy, curious individuals. IR+M’s investment philosophy and process are based on their belief that careful security selection and active risk management provide superior results over the long-term. By combining the capacity and technology of a larger firm with the culture and nimbleness of a boutique firm, the firm strives to provide exceptional service for their clients and a rewarding experience for their employees.

Documents

Fund Documents

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. Fixed income investments are affected by interest rate changes and the creditworthiness of the issues held by the Fund. As interest rates rise, the values of fixed income securities held by the Fund are likely to decrease and reduce the value of the Fund's portfolio. The use of derivative instruments may add additional risk. There may be a greater risk that the Fund could lose money due to prepayment and extension risks because the Fund invests heavily at times in mortgage-related and/or asset backed securities. The Fund may engage in active and frequent trading to achieve its principal investment strategies. 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.

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Harbor Funds Distributors, Inc. is the Distributor of the Harbor Mutual Funds.
Foreside Fund Services, LLC is the Distributor of the Harbor ETFs.

Investing involves risk and the potential loss of capital.

Investors should carefully consider the investment objectives, risks, charges and expenses of a fund before investing. To obtain a summary prospectus or prospectus for this and other information, click here or call 800-422-1050. Read it carefully before investing.

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