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    Harbor Real Return Instl (HARRX)

    9.26 Down 0.05(0.54%) Jul 1

    Profile as of May 30, 2015Get Profile for:
    Harbor Real Return Instl
    Harbor Funds111 South Wacker Drive,34th FloorChicago, IL 60606-4302
    Phone: 800-422-1050
    Fund Overview 
    Category:Inflation-Protected Bond
    Fund Family:Harbor
    Net Assets:150.18M
    Year-to-Date Return:1.36%
    Morningstar Rating:4 stars
    Fund Inception Date:Dec 1, 2005
    Morningstar Style Box 
    Inflation-Protected Bond
    [View Category Definition]
    View Top Inflation-Protected Bond Funds
    About the Morningstar Style Box

    Style box information not available for HARRX.

    Management Information 
    Mihir P. Worah
    Lead Manager since Dec 31, 2007
    Mr. Worah is CIO Real Return and Asset Allocation and a managing director in the Newport Beach office, a portfolio manager, and head of the real return and multi-asset portfolio management teams. Prior to joining PIMCO in 2001, he was a postdoctoral research associate at the University of California, Berkeley, and the Stanford Linear Accelerator Center, where he built models to explain the difference between matter and anti-matter. In 2012 he co-authored “Intelligent Commodity Indexing,” published by McGraw-Hill. He has 12 years of investment experience and holds a Ph.D. in theoretical physics from the University of Chicago.
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:1,000
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    HARRX can be purchased from 78 brokerages.

    Fund Summary 
    The investment seeks maximum real return, consistent with preservation of real capital. The managers expect to invest at least 80% of its net assets, plus borrowings for investment purposes, in inflation-indexed bonds of varying maturities issued by the U.S. government, non-U.S. governments, their agencies or instrumentalities, and corporations, which may represented by forwards or derivatives such as options, futures contracts or swap agreements. It invests primarily in investment-grade debt securities, but may invest up to 10% of its total assets in below investment-grade securities. The fund is non-diversified.

    Fund Operations 
    Last Dividend (Mar 26, 2014) : 0.04
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jun 29, 2015) : 427.00%
    Average for Category:89.05%
    Fees & Expenses 
    ExpenseHARRXCategory Avg
    Annual Report Expense Ratio (net):0.60%0.78%
    Prospectus Net Expense Ratio:0.57%N/A
    Prospectus Gross Expense Ratio:0.64%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A3.68%
    Max Deferred Sales Load: N/A1.99%
    3 Yr Expense Projection*:200354
    5 Yr Expense Projection*:352560
    10 Yr Expense Projection*:7941,159
    * Per $10,000 invested