About HBFRX
Harbor Core Plus Fund Retirement Class is an actively managed mutual fund specializing in intermediate core-plus bonds. Its primary objective is to seek total return through a diversified portfolio of fixed income instruments, investing at least 80% of net assets in various bonds, which can include government, corporate, and mortgage-backed securities. The fund predominantly targets investment-grade securities but may allocate up to 25% of its assets to below investment-grade (high-yield) bonds to enhance yield potential. Employing a core-plus strategy, it allows for flexible allocations across sectors and instruments, sometimes utilizing derivatives such as options and futures to manage duration and risk. The fund is benchmarked to the Bloomberg U.S. Aggregate Bond Index, maintaining an average portfolio duration similar to that benchmark. Harbor Core Plus Fund Retirement Class serves institutional investors and large retirement plans, offering monthly distributions and a competitive expense ratio. Its role is to provide diversified, income-oriented exposure to the U.S. fixed income market, balancing stability with the opportunity for incremental yield through selective credit risk and sector allocation.
Fund Family Harbor Capital Advisors Inc
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol HBFRX
Share Class Retirement Class
Index Bloomberg U.S. Aggregate Bond TR
HBFRX had a total return of 8.68% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.95%.
