Envoy Financial


Harbor Core Plus Institutional

Fund Basics
Name
Harbor Core Plus Institutional
Category
Intermediate Core-Plus Bond
Benchmark
Morningstar US Core Plus Bond TR USD
Objective
Corporate Bond - General
Inception date
12/29/1987
Fund type
Fixed Income
Fund family
Harbor
Fund company web site
www.harborfunds.com
Registration company
Harbor Funds
Investment strategy
The investment seeks total return. The fund invests at least 80% of its net assets, plus borrowings for investment purposes, in a diversified portfolio of fixed income instruments. Its average duration, as calculated by the sub-adviser, is normally equal to that of its benchmark, plus or minus 0.5 years. The fund invests primarily in investment-grade securities, but may invest up to 25% of its total assets in below investment-grade securities.
Performance
  1 Year Return 5 Year Return 10 Year Return Since Inception Return
Fund 5.55 0.69 1.95
Benchmark 5.08 -0.04 1.65
Data as of
3/31/2025
Month end price
$10.17
Turnover ratio
56.00

Past performance does not guarantee how the investment option will perform in the future. Your investment in this option could lose money.

Fees And Expenses
  As a percent Per $1,000
Prospectus Net Expense Ratio 0.38% $3.80
Prospectus Gross Expense Ratio 0.39% $3.90
Expense summary
None.
Restrictions
A round trip is defined as a buy and sell that occur within 30 days. Excessive trading violation will result in a trading restriction period of 60 days. Maximum of 4 round trips allowed per 12 month period. The Board of Trustees has adopted policies and procedures and authorized Harbor Funds to take the following actions to discourage excessive short-term trading activity in the Funds. You may make up to four round trips in the same Fund in a 12-month period. A "round trip" is a purchase into a Fund followed by a redemption out of the same Fund (including by exchange) or a redemption out of a Fund (including by exchange) followed by a purchase into the same Fund within a 30-day period. When a purchase or redemption transaction is paired with another transaction to make one round trip, neither of those transactions is paired with a third transaction to make a second round trip. For example, if a shareholder purchases shares of a Fund on May 1, redeems those same shares on May 15 and then purchases shares in the same Fund again on June 5, the shareholder would have engaged in one round trip. The purchase on May 1 would be paired with the redemption on May 15 because the transactions occurred within a 30-day period. However, the redemption on May 15 would not be paired with the purchase on June 5 to create a second round trip because the May 15 redemption already constituted part of the earlier round trip. Different restrictions may apply if you invest through an intermediary. Harbor Funds will limit, for a period of 60 days, future purchases into a Fund by any investor who makes more than four round trips in the same Fund in a 12-month period.

The cumulative effect of fees and expenses can substantially reduce the growth of your retirement savings. Visit the Department of Labor’s Web site for an example showing the long-term effect of fees and expenses at https://www.dol.gov/sites/default/files/ebsa/about-ebsa/our-activities/resource-center/publications/a-look-at-401k-plan-fees.pdf. Fees and expenses are only one of many factors to consider when you decide to invest in an option.

Information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.