Harbor International Fund Institutional Class (HAINX)

Portfolio Characteristics (As of Quarter Ended 06/30/2017)

Harbor International FundMSCI EAFE (ND) Index
Number of Holdings75927
Weighted Avg. Market Cap ($Mil)68,086.5459,232.24
Median Market Cap ($Mil)33,317.3410,297.22
Price/Book Ratio2.782.04
Adj. Trailing P/E Ratio23.6917.84
Forecasted P/E Ratio20.7315.32
Earnings Growth Rate (%)5.164.62
Proj. Earnings Growth Rate (%)12.8112.30
Return on Equity (%)10.8710.96
Turnover (unannualized % since 10/31)9-
Beta vs. Fund Benchmark1.01-

For definitions of the portfolio characteristics, visit our Financial Glossary.

Top Ten Holdings (As of Quarter Ended 06/30/2017)

Company Name [Ticker]% of Net Assets
Las Vegas Sands Corp. [LVS]6.7
Schlumberger Ltd. [SLB]3.1
Wynn Resorts Ltd. [WYNN]3.1
Bayer AG [BAYN]2.9
Alibaba Group Holding Ltd. ADR [BABA]2.7
Vivendi SA [VIV]2.6
Shire plc [SHP]2.6
Heineken NV [HEIA]2.3
Novartis AG [NOVN]2.3
Fanuc Corp. [6954]2.2
% of Total Holdings:30.5

Full Holdings (As of Quarter Ended 06/30/2017)

Company Name [Ticker]CountryShares (000's)Current Price ($)Market Value ($000's)% of Net Assets
Las Vegas Sands Corp. [LVS]US35,04863.892,239,2416.7
Schlumberger Ltd. [SLB]US15,90965.841,047,4503.1
Wynn Resorts Ltd. [WYNN]US7,806134.121,046,8863.1
Bayer AG [BAYN]DE7,501129.61972,2662.9
Alibaba Group Holding Ltd. ADR [BABA]CN6,512140.90917,5052.7
Vivendi SA [VIV]FR39,72322.27884,5332.6
Shire plc [SHP]GB15,90455.14876,9302.6
Heineken NV [HEIA]NL8,10497.23788,0362.3
Novartis AG [NOVN]CH9,42583.53787,2782.3
Fanuc Corp. [6954]JP3,869193.55748,8082.2
Reckitt Benckiser Group plc [RB.]GB7,088101.37718,5572.1
Standard Chartered plc [STAN]GB68,46210.13693,4022.1
Novo Nordisk AS [NOVOB]DK16,12742.97692,9162.1
Tokio Marine Holdings Inc. [8766]JP16,60941.61691,1622.1
Atlas Copco AB Class A [ATCOA]SE17,85538.45686,5512.0
Cie Generale des Etablissements Michelin [ML]FR4,926133.09655,6601.9
Rolls-Royce Holdings plc [RR.]GB56,29611.60652,9601.9
Essilor International SA [EI]FR5,130127.21652,6341.9
Pernod Ricard SA [RI]FR4,858133.91650,4921.9
Unibail-Rodamco SE [UL]FR2,424251.98610,7221.8
Anheuser-Busch InBev SA [ABI]BE5,486110.45605,8671.8
Nestlé SA [NESN]CH6,80887.22593,8111.8
L'Oreal SA [OR]FR2,824208.51588,9311.7
Bancolombia SA ADR [CIB]CO13,09144.55583,2021.7
Banco Bilbao Vizcaya Argentaria SA [BBVA]ES67,7908.33564,6911.7
Diageo plc [DGE]GB18,98329.55560,9901.7
Teva Pharmaceutical Industries Ltd. ADR [TEVA]IL16,87733.22560,6671.7
Allianz SE [ALV]DE2,772197.34547,0811.6
AXA SA [CS]FR19,63527.38537,6591.6
SAP SE [SAP]DE5,060104.67529,6651.6
UBS Group AG [UBSG]CH30,22617.01514,0171.5
ASML Holding NV [ASML]NL3,843130.35501,0071.5
Hoya Corp. [7741]JP9,54252.06496,7831.5
Schneider Electric SE [SU]FR6,26276.85481,2091.4
CIE Financiere Richemont SA [CFR]CH5,80182.75480,0151.4
Linde AG [LIN]DE2,461190.35468,3661.4
Olympus Corp. [7733]JP12,40336.64454,4261.3
Fresenius Se & Co. KGAA [FRE]DE5,27985.85453,2351.3
Roche Holding AG [ROG]CH1,576255.51402,7351.2
Lloyds Banking Group plc [LLOY]GB459,7110.86396,1681.2
Japan Tobacco Inc. [2914]JP11,12035.15390,8401.2
LafargeHolcim Ltd. [LHN]CH6,43857.47370,0361.1
Dentsu Inc. [4324]JP7,28447.97349,4241.0
Cementos Argos SA [CEMARGOS]CO85,1533.89330,8321.0
Investor AB [INVE B_SEK]SE6,71848.25324,1391.0
Grupo de Inversiones Suramericana SA [GRUPOSURA]CO20,17012.99262,0890.8
Grupo Televisa SAB ADR [TV]MX10,41724.37253,8510.8
SMC Corp. [6273]JP819305.69250,4280.7
Fibra Uno Administracion SA de CV [FUNO 11]MX114,4661.89216,5860.6
Liberty Global plc Class A [LBTYA]GB6,16232.12197,9080.6
Land Securities Group plc [LAND]GB14,95913.20197,5010.6
Weir Group plc [WEIR]GB8,74822.57197,4380.6
Deutsche Boerse AG [DB1]DE1,793105.63189,4150.6
Convatec Group plc [CTEC]GB45,3304.15188,3440.6
Statoil ASA [STL]NO10,96916.58181,8950.5
JCDecaux SA [DEC]FR5,51832.79180,9040.5
Liberty Global plc Class C [LBTYK]GB5,54331.18172,8250.5
Grupo Argos SA [GRUPOARG]CO24,4956.81166,7050.5
Erste Group Bank AG [EBS]AT3,85138.30147,5220.4
Grupo Aval Acciones y Valores SA ADR [AVAL]CO14,8488.28122,9390.4
Barrick Gold Corp. [ABX]CA7,05315.91112,2200.3
Indivior plc [INDV]GB23,2264.0794,5740.3
Great Portland Estates plc [GPOR]GB11,7347.7891,3460.3
Grupo Argos SA [PFGRUPOA]CO12,4906.4680,7400.2
Hermes International [RMS]FR126493.9862,4740.2
Grupo de Inversiones Suramericana SA [PFGRUPSU]CO4,58212.6758,0620.2
AMBEV SA [ABEV3]BR8,8845.5349,1020.1
AMBEV SA ADR [ABEV]BR8,9245.4948,9920.1
British Land Co. plc [BLND]GB5,5607.8943,8920.1
MGM China Holdings Ltd. [2282]CN10,6542.2223,6930.1
Liberty Global plc LiLAC Class C [LILAK]GB71621.4115,3290.0
Liberty Global plc LiLAC Class A [LILA]GB60521.7713,1780.0
Genting Bhd [GENTING-WA]MY30,6340.3811,6320.0
Rolls-Royce Holdings plcGB4,433,0510.005,7740.0
Becle SAB de CV [CUERVO *]MX2,8931.714,9340.0
Total32,742,07796.8
Cash and Other Assets Less Liabilities3.2
Total Net Assets100%

Sector Allocation (As of Quarter Ended 06/30/2017)

As of Quarter Ended 06/30/2017
Economic SectorHarbor International Fund %MSCI EAFE (ND) Index %
Consumer Discretionary19.612.1
Health Care16.810.1
Financials16.721.5
Consumer Staples14.911.5
Industrials9.014.5
Materials7.48.3
Information Technology5.86.0
Energy3.74.7
Real Estate3.43.6
Utilities0.03.4
Telecommunication Services0.04.3

Sector Returns (As of Quarter Ended 06/30/2017)

As of Quarter Ended 06/30/2017
Sector ReturnsHarbor International Fund %MSCI EAFE (ND) Index %
Information Technology14.29.6
Consumer Staples10.07.8
Consumer Discretionary8.74.9
Financials7.97.4
Materials6.34.5
Industrials6.17.2
Real Estate5.94.7
Health Care5.76.9
Cash0.60.0
Telecommunication Services0.04.9
Utilities0.07.4
Energy-13.4-0.5

Country Allocation (As of Quarter Ended 06/30/2017)

As of Quarter Ended 06/30/2017
CountryHarbor International Fund %MSCI EAFE (ND) Index %
France15.810.5
United Kingdom15.218.2
United States12.90.0
Japan10.023.4
Germany9.49.5
Switzerland9.38.5
Colombia4.80.0
Netherlands3.83.5
Sweden3.02.9
China2.80.0
Other13.023.5

This information should not be considered as a recommendation to purchase or sell a particular security and the holdings, sectors or countries mentioned may change at any time and may not represent current or future investments.

The MSCI EAFE (ND) Index is an unmanaged index generally representative of major overseas stock markets. This unmanaged index does not reflect fees and expenses and is not available for direct investment.