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Harbor Real Return Instl (HARRX)

10.20 Up 0.01(0.10%) Nov 26

Profile as of Oct 30, 2014Get 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:175.03M
Year-to-Date Return:4.87%
Morningstar Rating:4 stars
Fund Inception Date:Dec 1, 2005
Morningstar Style Box 
Inflation-Protected Bond
[View Category Definition]
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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 75 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) : 0.00
Last Cap Gain : 0.00
Annual Holdings Turnover (Nov 25, 2014) : 285.00%
Average for Category:56.96%
Fees & Expenses 
ExpenseHARRXCategory Avg
Annual Report Expense Ratio (net):0.59%0.78%
Prospectus Net Expense Ratio:0.59%N/A
Prospectus Gross Expense Ratio:0.61%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A3.87%
Max Deferred Sales Load: N/A1.96%
3 Yr Expense Projection*:195369
5 Yr Expense Projection*:340589
10 Yr Expense Projection*:7621,207
* Per $10,000 invested