Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print Harbor Capital Appreciation Retirement  HNACX Release date as of 2024-03-31. Data on page is subject to change. Snapshot Total Returns Ratings & Risk Portfolio Nuts & Bolts

Morningstar Report Overall Morningstar Rating™ What is this? As of 2024-03-31 Out of 1111 Large Growth Funds Morningstar® Style Box™ What is this? As of 2023-12-31 Total Fund Assets ($ Mil) 28,838.79 View Historical Morningstar Star Ratings and Definitions

Investment Objective & Strategy   The investment seeks long-term growth of capital. The fund invests primarily in equity securities, principally common and preferred stocks, of U.S. companies with market capitalizations of at least $1 billion at the time of purchase and that the Subadvisor considers to have above average prospects for growth. The stocks of mid and large cap companies in the fund's portfolio are those the Subadvisor expects to maintain or achieve above average earnings growth. The fund may invest up to 20% of its total assets in the securities of foreign issuers, including issuers located or doing business in emerging markets.

Morningstar Category: Large Growth Large-growth portfolios invest primarily in big U.S. companies that are projected to grow faster than other large-cap stocks. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap. Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields). Most of these portfolios focus on companies in rapidly expanding industries.

Performance Growth of $10,000 (from 2016-03-01 to 2024-03-31) Investment: Harbor Capital Appreciation Retirement This graph presents historical performance for the investment as well as an index and/or peer group. If the investment, index and/or peer group have performed similarly, the line representing the fund will overlay the index and/or peer group. Therefore, the line(s) representing the index and/or peer group history may be hidden. Total Annualized Returns % YTD 1 Year 3 Year 5 Year 10 Year Since Inception Investment 13.75 47.91 9.32 17.22 15.59 17.96 S&P 500 TR USD 10.56 29.88 11.49 15.05 12.96 11.38 Russell 1000 Growth TR USD 11.41 39.00 12.50 18.52 15.98 11.82 Category 11.92 36.45 7.95 14.89 13.24 10.18 Morningstar Rating --- --- --- # of compared Large Growth funds covered (3 yrs : out of 1111 funds) (5 yrs : out of 1037 funds) (10 yrs : out of 807 funds) Ratings reflect risk-adjusted performance and are derived from a weighted average of the performance figures associated with its three, five and ten-year (if applicable) time periods. Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown. Fees and Expenses Total Annual Operating Expense 0.64% Prospectus Net Expense Ratio 0.60% Maximum Sales Charge --- The total annual operating expense shown is before management fee waivers or expense caps. For more information on waivers/reimbursements, please see the prospectus. The total annual operating expense is also referred to as the prospectus gross expense ratio. Waiver Data Type Date % ManagementFee Contractual 2025-02-28 0.04

Portfolio Profile Asset Allocation % of Net Assets U.S. Stocks 90.0 Non-U.S. Stocks 9.6 Bonds 0.0 Cash 0.0 Other 0.4 Data through 2023-12-31 Morningstar Equity Sectors % of Stocks Cyclical 31.33 Basic Materials 0.00 Consumer Cyclical 23.20 Financial Services 6.93 Real Estate 1.20 Sensitive 54.46 Communication Services 10.67 Energy 0.00 Industrials 1.01 Technology 42.78 Defensive 14.21 Consumer Defensive 3.28 Healthcare 10.93 Utilities 0.00 Data through 2023-12-31 Holding Status Total Number of Stock Holdings 51 Total Number of Bond Holdings 0 % of Net Assets in Top 10 Holdings 47.66 Turnover % (as of 2023-10-31) 27.00 30 Day SEC Yield % --- Top Holdings Sector P/E % of Net Assets Microsoft Corp 38.04 8.35 Amazon.com Inc 62.20 7.76 NVIDIA Corp 75.74 6.11 Apple Inc 26.67 4.80 Advanced Micro Devices Inc 340.55 3.85 Tesla Inc 40.88 3.78 Meta Platforms Inc Class A 32.66 3.62 Eli Lilly and Co 134.13 3.44 Visa Inc Class A 32.15 3.04 Broadcom Inc 49.25 2.91 Data through 2023-12-31

Principal Risks    Foreign Securities, Loss of Money, Not FDIC Insured, Growth Investing, Issuer, Market/Market Volatility, Depositary Receipts, Equity Securities, Industry and Sector Investing, Preferred Stocks, Socially Conscious, Management, Mid-Cap, Large Cap Show Risk Definitions

Other Information Inception Date: 2016-03-01 Initial Shareclass Inception Date: 1987-12-29 Portfolio Manager(s) Natasha Kuhlkin   (2019-03-01) Natasha Kuhlkin is a large cap growth equity portfolio manager. She joined the firm in 2004 as a research analyst and became a portfolio manager in 2014. Before joining Jennison, Natasha was an equity research analyst for the small cap value fund at Palisade Capital Management and prior to that at Evergreen Investment Management. Natasha received a BS in accounting from Binghamton University and is a CFA charterholder. Blair A. Boyer   (2019-03-01) Blair Boyer is co-head of the large cap growth equity team and a large cap growth equity portfolio manager. He is responsible for overseeing the investment process, strategy implementation, and risk management for Jennison's large cap growth equity portfolios. He joined Jennison in 1993 as an international equity analyst before assuming his current role as portfolio manager in 2003. Prior to that, he was with Bleichroeder managing international equity portfolios and at Verus Capital as a senior portfolio manager. Blair received a BA in economics from Bucknell University and an MBA from New York University's Stern School of Business. Kathleen A. McCarragher   (2013-03-01) Kathleen McCarragher is the head of growth equity and a large cap growth equity portfolio manager. She is responsible for overseeing the investment process, strategy implementation, and risk management for Jennison's growth equity platform. Kathleen is also a member of the Jennison Management Team, ESG Investment Leadership Team, and Jennison Board of Directors. Before joining Jennison in 1998, she was a managing director and the director of large cap growth equities with Weiss, Peck & Greer. Prior to that, she was an investor with State Street Research & Management. Kathleen received a BBA, summa cum laude, in finance and economics from the University of Wisconsin-Eau Claire and an MBA from Harvard Business School. Investment Advisor(s) Harbor Capital Advisors Inc Issuer Harbor

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