More Confidence in This Silver-Rated Bond Fund
There's reason for continued optimism as Harbor Bond Fund's subadvisor PIMCO settles into a new era.
The following is our latest Fund Analyst Report for Harbor Bond Fund (HABDX). Morningstar Premium Members have access to full analyst reports such as this for more than 1,000 of the largest and best mutual funds. Not a Premium Member? Gain full access to our analyst reports and advanced tools immediately when you try Morningstar Premium free for 14 days.
We've long had confidence in Harbor Capital Advisors. Moreover, we recently upgraded subadvisor PIMCO's Parent rating to Positive, and our Morningstar Analyst Rating for PIMCO Total Return (PTTRX)--upon which strategy this fund is built--to Silver. As such, we are raising this fund's rating to Silver from Bronze.
Eric Jacobson has a position in the following securities mentioned above: PTTRX. Find out about Morningstar’s editorial policies.