Performance data quoted above represents past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The share price, yield, principal value and investment return of an investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. For performance data on any of the Harbor funds current to the most recent month end (available within seven business days of the most recent month end), click here.

Investors should consider a Fund's investment objective, risk, fees and expenses carefully before investing. For this and other information, including information about all share classes, please consult a prospectus and read it carefully before investing.

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 to date.

(a) Voluntary. Waivers may be discontinued at any time without notice, although the adviser has no present intention to do so.

(b) Contractual until 02/28/2011

(c) Reflects the indirect expenses of the underlying Harbor funds.