The board of trustees of the Harbor Fund, a family of 12 portfolios advised by Harbor Capital Advisors, has approved several key changes to its value fund, the company announced today.

The board is seeking to modify both the sub-advisor and portfolio strategies of the Harbor Value Fund. The fund currently invests in dividend paying companies with market capitalizations of $500 million or more. The proposal is to have the fund invest in companies with market capitalizations of $5 billion or more, the company said.

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