Harbor Real Return Fund Institutional Class (HARRX)

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

Harbor Real Return FundBloomberg Barclays U.S. TIPS Index
Number of Issues9038
Average Market Coupon (%)1.310.88
Yield to Maturity (%)2.722.23
Weighted Avg. Maturity (yrs)8.308.48
Weighted Avg. Duration (yrs)7.987.93

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

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

Issuer NameMaturity DateCoupon Rate (%)Market Value ($000's)% of Net Assets
U.S. Treasury Inflation Indexed Bonds01/15/20252.434,68933.5
U.S. Treasury Inflation Indexed Bonds07/15/20191.912,54912.1
U.S. Treasury Inflation Indexed Bonds07/15/20210.68,2207.9
U.S. Treasury Inflation Indexed Bonds02/15/20441.47,7147.5
U.S. Treasury Inflation Indexed Bonds01/15/20260.65,8325.6
U.S. Treasury Inflation Indexed Bonds04/15/20210.14,9664.8
U.S. Treasury Notes02/15/20242.84,6814.5
U.S. Treasury Inflation Indexed Bonds01/15/20292.54,3304.2
U.S. Treasury Inflation Indexed Bonds01/15/20272.43,7323.6
U.S. Treasury Inflation Indexed Bonds01/15/20240.63,6363.5
% of Total Holdings:90,34987.2

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

Issuer NameMaturity DateCoupon Rate (%)Market Value ($000's)% of Net Assets
U.S. Treasury Inflation Indexed Bonds01/15/20252.434,68933.5
U.S. Treasury Inflation Indexed Bonds07/15/20191.912,54912.1
U.S. Treasury Inflation Indexed Bonds07/15/20210.68,2207.9
U.S. Treasury Inflation Indexed Bonds02/15/20441.47,7147.5
U.S. Treasury Inflation Indexed Bonds01/15/20260.65,8325.6
U.S. Treasury Inflation Indexed Bonds04/15/20210.14,9664.8
U.S. Treasury Notes02/15/20242.84,6814.5
U.S. Treasury Inflation Indexed Bonds01/15/20292.54,3304.2
U.S. Treasury Inflation Indexed Bonds01/15/20272.43,7323.6
U.S. Treasury Inflation Indexed Bonds01/15/20240.63,6363.5
U.S. Treasury Inflation Indexed Bonds07/15/20250.43,3063.2
U.S. Treasury Inflation Indexed Bonds07/15/20240.13,2783.2
U.S. Treasury Inflation Indexed Bonds01/15/20250.23,0943.0
U.S. Treasury Inflation Indexed Bonds07/15/20220.12,2952.2
U.S. Treasury Inflation Indexed Bonds07/15/20230.42,0842.0
Japan Treasury Discount Bill08/07/20170.01,9561.9
U.S. Treasury Inflation Indexed Bonds04/15/20200.11,8831.8
U.S. Treasury Inflation Indexed Bonds01/15/20230.11,4701.4
U.S. Treasury Inflation Indexed Bonds02/15/20470.91,4271.4
Japan Treasury Discount Bill07/10/20170.01,4231.4
New Zealand Government Bond09/20/20252.01,2511.2
U.S. Treasury Inflation Indexed Bonds01/15/20192.11,1761.1
U.S. Treasury Inflation Indexed Bonds02/15/20420.81,1551.1
U.S. Treasury Inflation Indexed Bonds04/15/20190.11,0971.1
U.S. Treasury Inflation Indexed Bonds07/15/20260.19450.9
Lavender Trust10/26/20366.29340.9
U.S. Treasury Inflation Indexed Bonds04/15/20283.69090.9
Hellenic Republic Government International Bond MTN08/08/20173.88840.9
U.S. Treasury Inflation Indexed Bonds01/15/20262.08290.8
U.S. Treasury Inflation Indexed Bonds01/15/20270.47960.8
Japan Government CPI Linked Bond03/10/20270.17480.7
Navient Corp. MTN05/03/20194.57280.7
U.S. Treasury Inflation Indexed Bonds02/15/20412.17120.7
U.S. Treasury Notes02/15/20473.06200.6
Santander Holdings USA Inc.11/24/20172.66020.6
U.S. Treasury Inflation Indexed Bonds02/15/20461.05680.5
U.S. Treasury Inflation Indexed Bonds02/15/20450.85460.5
U.S. Treasury Notes05/15/20473.05380.5
Deutsche Bank AG10/14/20214.25240.5
Goldman Sachs Group Inc.09/15/20202.45090.5
Long Beach Mortgage Loan Trust08/25/20352.04810.5
Whitehorse VI Ltd.02/03/20252.44090.4
Petrobras Global Finance BV01/27/20215.44080.4
Citigroup Mortgage Loan Trust Inc.08/25/20351.83590.3
Federal Home Loan Mortgage Corp. REMIC12/15/20371.83460.3
U.K. Gilt Inflation Linked03/22/20460.13240.3
Canadian Government RRB Bonds12/01/20264.23120.3
Argentine Republic Government International Bond01/26/20276.93110.3
UBS AG/London06/08/20201.83010.3
UBS AG/London MTN12/07/20181.53000.3
U.S. Treasury Inflation Indexed Bonds02/15/20402.12960.3
U.K. Gilt Inflation Linked11/22/20650.12870.3
Long Beach Mortgage Loan Trust01/25/20361.52260.2
Petrobras Global Finance BV01/17/20277.42120.2
Boston Scientific Corp.05/15/20202.92030.2
Ally Financial Inc.05/21/20183.62030.2
U.S. Treasury Inflation Indexed Bonds04/15/20220.12000.2
Toronto Dominion Bank03/15/20212.22000.2
Federal National Mortgage Association REMIC02/25/20411.91960.2
Mexican Bonos06/14/20184.81930.2
Navient Student Loan Trust03/25/20662.41890.2
Soundview Home Loan Trust05/25/20361.51810.2
Mexican Bonos05/29/20317.81700.2
GSAMP Trust10/25/20342.91280.1
U.S. Treasury Inflation Indexed Bonds02/15/20430.61180.1
MASTR Asset Backed Securities Trust06/25/20361.51150.1
Navient Corp. MTN01/15/20195.51040.1
Ally Financial Inc.09/10/20184.81030.1
Ally Financial Inc.01/27/20193.51020.1
ING Bank NV MTN12/05/20222.61010.1
AT&T Inc.01/15/20201.81010.1
eBay Inc.01/30/20232.8990.1
Morgan Stanley Mortgage Loan Trust06/25/20363.1990.1
Countrywide Asset-Backed Certificates03/25/20371.5910.1
Federal National Mortgage Association REMIC07/25/20371.6830.1
Saxon Asset Securities Trust06/25/20334.0790.1
Federal National Mortgage Association REMIC07/25/20371.6710.1
Alliance Bancorp Trust 2007-Oa107/25/20371.5640.1
Morgan Stanley Mortgage Loan Trust 2006-15xs11/25/20365.9590.1
Morgan Stanley ABS Capital I Inc. Trust10/25/20361.3580.1
U.K. Gilt Inflation Linked03/22/20580.1530.1
Federal National Mortgage Association REMIC05/25/20361.7410.0
Hillmark Funding Ltd.05/21/20211.4350.0
Bear Stearns Arm Trust07/25/20363.6290.0
Countrywide Home Loan Mortgage Pass Through Trust04/20/20353.1270.0
Residential Asset Securitization Trust01/25/20461.6260.0
Fremont Home Loan Trust 2006-C10/25/20361.4250.0
Washington Mutual Mortgage Pass Through Certificates Trust09/25/20332.8220.0
U.K. Gilt01/22/20443.2170.0
First Horizon Alternative Mortgage Securities Trust 2006-Fa802/25/20376.0100.0
Total136,803132.2
Cash and Other Assets Less Liabilities-32.2
Total Net Assets100%

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

As of Quarter Ended 06/30/2017
Economic SectorHarbor Real Return Fund %
U.S. Government Obligations115.7
Foreign Government Obligations7.7
Corporate Bonds & Notes4.6
Asset-backed Securities2.0
Collateralized Mortgage Obligations1.5
Mortgage Pass-through0.7

Maturity Profile (As of Quarter Ended 06/30/2017)

As of Quarter Ended 06/30/2017
MaturityHarbor Real Return Fund %
0-1 yr8.5
1-3 yr8.5
3-5 yr7.5
5-7 yr4.5
7-10 yr57.4
10-20 yr4.2
20-30 yr10.6
Over 30 yr-1.2

Duration (As of Quarter Ended 06/30/2017)

As of Quarter Ended 06/30/2017
DurationHarbor Real Return Fund %
0-1 yr-0.6
1-3 yr2.5
3-5 yr0.3
5-7 yr45.5
7-10 yr16.5
10-20 yr2.9
20-30 yr31.1
Over 30 yr1.9

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 Bloomberg Barclays U.S. TIPS Index is an unmanaged market index comprised of all U.S. Treasury Inflation Protected Securities rated investment grade (Baa3 or better), have at least one year to final maturity, and at least $250 million par amount outstanding.  This unmanaged index does not reflect fees and expenses and is not available for direct investment.