On Dec. 6, 2021, Harbor Funds announced that it plans to replace Pimco as the subadvisor for Harbor Bond HABDX with Boston-based Income Research + Management on or around Feb. 2, 2022. We have moved the fund’s Morningstar Analyst Rating to Under Review from Gold as we evaluate the planned change.
Will HABDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HABDX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the HABDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of HABDX’s parent organization’s priorities and whether they’re in line with investors’ interests.