MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, August 19, 2010 Harbor to Dissolve Short Term Fund Shareholders in the Harbor Short Duration Fund [HRSDX) will soon need to find another safe harbor for the cash. Chicago-based Harbor Funds [see profile revealed Thursday that it will be liquidating the fund at the end of October. [SEC filing] Fischer Francis Trees & Watts has been a subadvisor to the $39 million bond fund. The fund carries a two-star rating from Morningstar [see fund fact sheet]. No reason for the decision to liquidate and dissolve the fund was provided. The board stated that it expects the end of the fund to come on October 29, 2010. Because the Fund will be liquidating, the it is now closed to new investors. Printed from: MFWire.com/story.asp?s=33203 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |