Harbor Global Growth Fund Institutional Class (HGGAX)

Portfolio Characteristics (As of Quarter Ended 09/30/2016)

 Harbor Global Growth FundMSCI All Country World (ND) Index
Number of Holdings272,470
Weighted Avg. Market Cap ($Mil)137,460.0099,243.03
Median Market Cap ($Mil)46,532.569,004.44
Price/Book Ratio7.782.91
Adj. Trailing P/E Ratio31.8318.89
Forecasted P/E Ratio26.4716.86
Earnings Growth Rate (%)19.557.51
Proj. Earnings Growth Rate (%)19.6110.50
Return on Equity (%)22.9713.56
Turnover (unannualized % since 10/31)71-
Beta vs. MSCI AC World Index0.96-
Beta vs. MSCI EAFE (ND) Index0.83-

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

Top Ten Holdings (As of Quarter Ended 09/30/2016)

Company Name [Ticker]% of Net Assets
Tencent Holdings Ltd. [700]7.5
Alibaba Group Holding Ltd. ADR [BABA]5.2
Facebook Inc. [FB]5.0
Dollarama Inc. [DOL]4.3
Amazon.com Inc. [AMZN]4.0
Alphabet Inc. Class A [GOOGL]3.8
Anheuser-Busch InBev NV [ABI]3.8
Domino's Pizza Enterprises Ltd. [DMP]3.8
Intuitive Surgical Inc. [ISRG]3.6
Ryanair Holdings plc ADR [RYAAY]3.4
% of Total Holdings:44.4

Full Holdings (As of Quarter Ended 09/30/2016)

Company Name [Ticker]CountryShares (000's)Current Price ($)Market Value ($000's)% of Net Assets
Tencent Holdings Ltd. [700]CN11127.803,0837.5
Alibaba Group Holding Ltd. ADR [BABA]CN20105.792,1545.2
Facebook Inc. [FB]US16128.272,0575.0
Dollarama Inc. [DOL]CA2378.071,7834.3
Amazon.com Inc. [AMZN]US2837.311,6344.0
Alphabet Inc. Class A [GOOGL]US2804.061,5893.8
Anheuser-Busch InBev NV [ABI]BE12131.511,5553.8
Domino's Pizza Enterprises Ltd. [DMP]AU2954.181,5523.8
Intuitive Surgical Inc. [ISRG]US2724.831,4843.6
Ryanair Holdings plc ADR [RYAAY]IE1975.031,3933.4
UnitedHealth Group Inc. [UNH]US10140.001,3873.4
Domino's Pizza Group plc [DOM]GB2824.841,3673.3
Amgen Inc. [AMGN]US8166.811,3453.3
Nike Inc. [NKE]US2652.651,3433.3
O'reilly Automotive Inc. [ORLY]US5280.111,3313.2
Electronic Arts Inc. [EA]US1585.401,3173.2
Salesforce.com Inc. [CRM]US1871.331,3003.1
Ctrip.com International Ltd. ADR [CTRP]CN2846.571,2843.1
VISA Inc. [V]US1582.701,2423.0
Hermes International SA [RMS]FR3407.111,2243.0
Chipotle Mexican Grill Inc. [CMG]US3423.501,2122.9
ASML Holding NV [ASML]NL11109.591,1982.9
Sherwin-Williams Co. [SHW]US4276.661,1822.9
Nielsen Holdings plc [NLSN]GB2253.571,1742.8
NVIDIA Corp. [NVDA]US1668.521,0702.6
Home Depot Inc. [HD]US8128.681,0242.5
Accenture plc [ACN]IE8122.179832.4
REA Group Ltd. [REA]AU943.493700.9
Total39,63796.2
Cash and Other Assets Less Liabilities3.8
Total Net Assets100%

Sector Allocation (As of Quarter Ended 09/30/2016)

As of Quarter Ended 09/30/2016
Economic SectorHarbor Global Growth Fund %MSCI All Country World (ND) Index %
Information Technology38.715.9
Consumer Discretionary34.212.3
Health Care10.211.7
Industrials6.210.4
Consumer Staples3.810.4
Materials2.95.1
Telecommunication Services0.03.8
Utilities0.03.3
Real Estate0.03.3
Energy0.06.8
Financials0.016.9

Sector Returns (As of Quarter Ended 09/30/2016)

As of Quarter Ended 09/30/2016
Sector ReturnsHarbor Global Growth Fund %MSCI All Country World (ND) Index %
Information Technology14.613.6
Industrials5.66.1
Consumer Discretionary4.46.6
Cash4.30.0
Health Care3.40.2
Financials0.28.8
Energy0.02.3
Real Estate0.01.4
Telecommunication Services0.0-1.5
Utilities0.0-3.0
Consumer Staples-1.6-0.3
Materials-5.59.8

Country Allocation (As of Quarter Ended 09/30/2016)

As of Quarter Ended 09/30/2016
CountryHarbor Global Growth Fund %MSCI All Country World (ND) Index %
United States49.752.6
China15.83.0
United Kingdom6.26.5
Ireland5.80.2
Australia4.72.3
Canada4.33.2
Belgium3.80.5
France3.03.2
Netherlands2.91.1
Other3.827.4

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 AC (All Country) World (ND) Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. This unmanaged index does not reflect fees and expenses and is not available for direct investment.