Harbor Capital Appreciation Fund - Retirement Class

The fund primarily invests in the equity securities of U.S.-based companies, focusing on both common and preferred stocks. The Subadviser hand-picks these companies based on their strong potential for growth, specifically targeting those with a market valuation of at least $1 billion at the time of acquisition. The portfolio typically emphasizes mid and large-capitalization firms that the Subadviser expects will achieve or maintain superior earnings growth. Additionally, the fund has the flexibility to allocate up to 20% of its total assets to international securities, with the option to include investments in businesses operating within emerging markets.