[August 07, 2019]

Harbor Capital Advisors Reduces Fees on Three Harbor Funds

Harbor Capital Advisors, the investment adviser to the Harbor Funds family of no-load actively managed mutual funds, lowered the management fee on the Harbor Emerging Markets Equity, Harbor Global Leaders and Harbor Mid Cap Growth Funds.

A 15 basis point (bp) management fee waiver and expense limitation for the Emerging Markets Equity Fund, subadvised by Oaktree Capital Management, L.P., brings the net expense ratio for the Institutional Class shares down to 101 bps from 116.

For the Global Leaders Fund, subadvised by Sands Capital Management, LLC, a 5 bp management fee waiver and expense limitation brings the net expense ratio for the Institutional Class shares down to 86 bps from 91.

For the Mid Cap Growth Fund, subadvised by Wellington Management Company LLP, a 3 bp reduction of the management fee brings the Institutional Class shares down to a net expense ratio of 86 bps from 89.

These reductions reflect Harbor's commitment to cost aware investing and acting in the best interests of Harbor Funds' shareholders.

About Harbor Capital Advisors

Harbor offers a diverse family of cost aware investment solutions managed by institutional caliber firms. We find talented investment teams to manage portfolios and apply a rigorous fiduciary oversight program to monitor their performance and investment decisions. As of July 31, 2019, Harbor Funds has combined net assets of approximately $47 billion. Fees and expenses apply to an investment in Harbor Funds and are described in each fund's current prospectus. Harbor Funds are distributed by Harbor Funds Distributors, Inc.

Disclosures

Effective August 1, 2019, Harbor Capital Advisors, Inc., the investment adviser to Harbor Emerging Markets Equity Fund, has contractually agreed to waive 0.15% of its management fee and to limit the Fund's Total Annual Fund Operating Expenses, excluding interest expense, if any, through July 31, 2020.

Effective July 2, 2019, Harbor Capital Advisors, Inc., the investment adviser to Harbor Mid Cap Growth Fund, has contractually agreed to reduce the management fee to 0.72% through June 30, 2020.

Effective June 1, 2019, Harbor Capital Advisors, Inc., the investment adviser to Harbor Global Leaders Fund, has contractually agreed to waive 0.05% of its management fee and to limit the Total Annual Fund Operating Expenses, excluding interest expense, if any, through May 31, 2020.

There is no guarantee that the investment objectives of a Fund will be achieved. Stock markets are volatile and equity values can decline significantly in response to adverse issuer, political, regulatory, market and economic conditions. Investing in international and emerging markets poses special risks, including potentially greater price volatility due to social, political and economic factors, as well as currency exchange rate fluctuations. These risks are more severe for securities of issuers in emerging market regions.

Stocks of small and mid cap companies pose special risks, including possible illiquidity and greater price volatility than stocks of larger, more established companies.

Since Harbor Global Leaders Fund typically invests in a limited number of companies, an adverse event affecting a particular company may hurt the Fund's performance more than if it had invested in a larger number of companies.

Oaktree Capital Management, L.P. is an independent subadviser to the Harbor Emerging Markets Equity Fund.

Sands Capital Management, LLC is an independent subadviser to the Harbor Global Leaders Fund.

Wellington Management Company LLP is an independent subadviser to the Harbor Mid Cap Growth Fund.

Investors should carefully consider the investment objectives, risks, charges and expenses of a Harbor fund before investing. To obtain a summary prospectus or prospectus for this and other information, visit harborfunds.com or call 800-422-1050. Read it carefully before investing.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190807005522/en/

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