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.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE