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Rating:A Fourth Pimco-Subadvised Fund Sets Sail from the Harbor Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, April 01, 2010

A Fourth Pimco-Subadvised Fund Sets Sail from the Harbor

Reported by Armie Margaret Lee

Harbor Funds kicked off the second quarter with a product launch. On Thursday, Chicago-based Harbor launched its 19th mutual fund, the Harbor Unconstrained Bond Fund. This is the fourth fund that Pimco is sub-advising for Harbor.

The institutional share class of the Unconstrained Bond Fund has an expense ratio of 105 basis points; the administrative share class has 130 bps.

As of March 31, Harbor has $49.8 billion of AUM across its lineup of no-load mutual funds.  

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