See why the Harbor Capital Appreciation Fund (HACAX) was named one of the Best Stock Funds of 2023 by the Wall Street Journal.

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Important Information

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

For more information, including recent performance, expense, and portfolio information, access the Harbor Capital Appreciation Fund

Risks
Investing involves risk, principal loss iss possible. Unlike mutual funds, ETFs may trade at a permium or discount to their net asset value. Harbor ETFs are new and have limited operating history to judge.

Shares are bought and sold at market price not net asset value (NAV). Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times.

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. At times, a growth investing style may be out of favor with investors which could cause growth securities to underperform value or other equity securities.

Since the Fund may hold foreign securities, it may be subject to greater risks than funds invested only in the U.S. These risks are more severe for securities of issuers in emerging market regions. The Russell 1000® Growth Index is an unmanaged index generally representative of the U.S. market for larger capitalization growth stocks. The Russell 1000® Growth Index and Russell® are trademarks of the Frank Russell Company.

The Standard & Poor's 500 Index is an unmanaged index generally representative of the U.S. stock market. U.S. Fund Large Growth portfolios invest primarily in big U.S. companies that are projected to grow faster than other large-cap stocks. Stocks in the top 70% of capitalization of the U.S. equity market are defined as large cap. Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields). Most of these portfolios focus on companies in rapidly expanding industries.

The Fund's returns achieved during certain periods shown were unusual and an investor should not expect such performance to be sustained.

Jennison Associates is an independent subadvisors to the Harbor Capital Appreciation Fund.

Reprinted with permission from the Wall Street Journal, January 2024. The opinions expressed in this reprint are not intended to provide insight or education and are not intended as individual investment advice. We do not represent that this information is accurate and complete, and it should not be relied upon as such.

Distributed by Harbor Funds Distributors, Inc.

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