HARAX — Harbor Target Retirement Income Fund
Data updated: 2022-01-14
HARAX — Harbor Target Retirement Income Fund. Target Date / Glide Path Allocation · $18.59M AUM. Holdings, fees, performance and SEC filings.
HARAX Fund Overview
HARAX — Harbor Target Retirement Income Fund is a US mutual fund managed by Harbor Funds, categorised as Target Date / Glide Path Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Harbor Funds
- Category: Target Date / Glide Path Allocation
- Assets under management: $18.59M
- 1-year return: 8.6%
- Ticker: HARAX
- SEC CIK: 0000793769
- SEC series ID: S000024697
- Share class ID: C000073328
HARAX Investment Objective and Strategy
Harbor Target Retirement Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Harbor Funds.
Investment objective
The Fund seeks current income and some capital appreciation.
Principal investment strategy
"The Fund invests in the Institutional Class shares of other Harbor mutual funds according to an asset allocation strategy designed for investors currently in retirement. The Fund's current target allocations are: Fixed Income 70% Equity 20% Short-Term 10% See ""The Funds' Investments"" section of this prospectus for further details regarding the underlying Harbor funds in which the Fund invests. Although the Fund is designed for investors currently in retirement and maintains a relatively static investment allocation, the Fund's actual asset allocation may be affected by a variety of factors, such as whether the underlying Harbor funds are accepting additional investments, whether a particular underlying Harbor fund is closed, merged or liquidated, or whether the Adviser launches a new underlying Harbor fund.
The Investment Advisory Committee that oversees the Target Retirement Funds also may adjust the selection and weightings of the underlying Harbor funds in response to extraordinary market, economic or political conditions or for other reasons (including the launch or closure of underlying Harbor funds) determined by the Committee to be in the best interests of the Fund's shareholders. Accordingly, the Fund's actual asset allocation may differ from the current target asset allocation, at times significantly, over the course of the year. See the ""Asset Allocation Framework"" section of this prospectus for further details on the Fund's Asset Allocation. The Fund's indirect bond holdings (approximately 70% of the Fund's assets) are a diversified mix of short-, intermediate-, and long-term investment-grade, taxable U.S.
government, U.S. agency, and corporate bonds; inflation-indexed bonds issued by the U.S. and non-U.S. governments, their agencies or instrumentalities, and corporations; below investment-grade, high-risk, corporate bonds, (commonly referred to as ""junk bonds""); mortgage- and asset-backed securities; emerging markets debt; and derivative instruments that provide exposure to such securities. The Fund's indirect short-term investments (approximately 10% of the Fund's assets) consist of high-quality, short-term money market instruments. The Fund's indirect stock holdings (approximately 20% of the Fund's assets) consist of a diversified mix of large-, mid- and small-cap U.S. stocks, as well as foreign stocks, including those of companies located in emerging market countries."
HARAX Performance
Total returns for HARAX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 8.6% |
| 3 years (annualised) | 7.6% |
HARAX Risk Information
Risk metrics for HARAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.3%
HARAX Costs and Fees
HARAX costs about $58 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.58%
- Portfolio turnover: 53%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
HARAX Cashflows
Over the 12 months to 2021-10, Harbor Target Retirement Income Fund had net outflows of $3.05M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-10 | $14.59K |
| 2021-09 | −$101.19K |
| 2021-08 | −$340.51K |
| 2021-07 | −$299.34K |
| 2021-06 | $15.89K |
| 2021-05 | $62.57K |
HARAX Debt Constituents
No individual debt constituents are reported in Harbor Target Retirement Income Fund's latest SEC N-PORT filing.
HARAX Prospectus and SEC Filings
Official Harbor Target Retirement Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-02-23
- Prospectus (485BPOS) — filed 2020-03-19
- Prospectus (485BPOS) — filed 2019-11-07
- Portfolio holdings (N-PORT) — filed 2021-12-27
- Portfolio holdings (N-PORT) — filed 2021-09-28
- Portfolio holdings (N-PORT) — filed 2021-06-29
- Annual census (N-CEN) — filed 2022-01-14
- Annual census (N-CEN) — filed 2021-01-12
Related Funds
Other Target Date / Glide Path Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.