Harbor International Fund Administrative Class (HRINX)

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

 Harbor International FundMSCI EAFE (ND) Index
Number of Holdings69927
Weighted Avg. Market Cap ($Mil)69,532.5655,150.68
Median Market Cap ($Mil)31,306.019,086.93
Price/Book Ratio2.592.05
Adj. Trailing P/E Ratio21.6717.51
Forecasted P/E Ratio20.6015.83
Earnings Growth Rate (%)6.395.43
Proj. Earnings Growth Rate (%)11.409.58
Return on Equity (%)14.0112.17
Turnover (unannualized % since 10/31)12-
Beta vs. MSCI EAFE (ND) Index1.01-

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
Las Vegas Sands Corp. [LVS]5.6
Alibaba Group Holding Ltd. ADR [BABA]3.3
Shire plc [SHP]3.1
Roche Holding AG [ROG]3.0
Schlumberger Ltd. [SLB]2.8
Wynn Resorts Ltd. [WYNN]2.8
Novo Nordisk AS [NOVOB]2.7
Essilor International SA [EI]2.7
Novartis AG [NOVN]2.7
Unibail-Rodamco SE [UL]2.4
% of Total Holdings:31.1

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

Company Name [Ticker]CountryShares (000's)Current Price ($)Market Value ($000's)% of Net Assets
Las Vegas Sands Corp. [LVS]US37,65057.542,166,3705.6
Alibaba Group Holding Ltd. ADR [BABA]CN12,035105.791,273,1983.3
Shire plc [SHP]GB18,42164.661,191,1363.1
Roche Holding AG [ROG]CH4,723248.501,173,6233.0
Schlumberger Ltd. [SLB]US14,00078.641,100,9722.8
Wynn Resorts Ltd. [WYNN]US10,92597.421,064,3202.8
Novo Nordisk AS [NOVOB]DK25,23641.681,051,8092.7
Essilor International SA [EI]FR8,082129.001,042,5932.7
Novartis AG [NOVN]CH13,02778.921,028,1132.7
Unibail-Rodamco SE [UL]FR3,473269.63936,3002.4
Anheuser-Busch InBev NV [ABI]BE6,988131.51918,9762.4
Nestlé SA [NESN]CH11,54078.96911,2742.4
Heineken NV [HEIA]NL9,76987.90858,7112.2
Tokio Marine Holdings Inc. [8766]JP22,39038.35858,6562.2
Pernod Ricard SA [RI]FR6,960118.43824,3052.1
Diageo plc [DGE]GB28,77228.64824,1352.1
Rolls-Royce Holdings plc [RR.]GB84,3779.33787,2152.0
Cie Generale des Etablissements Michelin [ML]FR7,058110.73781,5722.0
L'Oreal SA [OR]FR4,046189.01764,8072.0
Atlas Copco AB [ATCOA]SE25,22530.10759,3762.0
Linde AG [LIN]DE4,370169.92742,5331.9
Reckitt Benckiser Group plc [RB.]GB7,66694.14721,7201.9
Standard Chartered plc [STAN]GB88,4818.14720,0331.9
SAP SE [SAP]DE7,67891.45702,1421.8
Vivendi SA [VIV]FR33,71220.18680,3981.8
Lloyds Banking Group plc [LLOY]GB895,8220.71632,9111.6
UBS Group AG [UBSG]CH45,61513.66623,1221.6
Fresenius Se & Co. KGAA [FRE]DE7,63279.88609,6371.6
Japan Tobacco Inc. [2914]JP14,74040.94603,3891.6
Schneider Electric SE [SU]FR8,63969.56600,9371.6
ASML Holding NV [ASML]NL5,442109.59596,4351.5
Allianz SE [ALV]DE3,971148.61590,1341.5
Fanuc Corp. [6954]JP3,489168.92589,3121.5
AXA SA [CS]FR27,61821.26587,2121.5
Banco Bilbao Vizcaya Argentaria SA [BBVA]ES91,5886.05554,1561.4
Erste Group Bank AG [EBS]AT17,48929.61517,8821.3
Bancolombia SA ADR [CIB]CO13,26339.04517,7791.3
CIE Financiere Richemont SA [CFR]CH8,31060.99506,8051.3
LafargeHolcim Ltd. [LHN]CH9,16454.17496,3901.3
Bayer AG [BAYN]DE4,850100.43487,0411.3
Dentsu Inc. [4324]JP9,37350.90477,0741.2
Investor AB [INVE B_SEK]SE12,10436.56442,5961.1
Hoya Corp. [7741]JP9,73640.23391,6581.0
SMC Corp. [6273]JP1,166288.73336,7490.9
Cementos Argos SA [CEMARGOS]CO79,3393.98315,8860.8
Swatch Group AG [UHR]CH1,017283.49288,4030.7
Freeport-McMoRan Inc. [FCX]US22,97310.86249,4860.6
JCDecaux SA [DEC]FR7,66832.33247,9350.6
Land Securities Group plc [LAND]GB16,71013.70228,9920.6
Liberty Global plc Class A [LBTYA]GB6,47034.18221,1290.6
British Land Co. plc [BLND]GB25,9448.19212,5090.5
Weir Group plc [WEIR]GB9,39022.03206,8250.5
Grupo de Inversiones Suramericana SA [GRUPOSURA]CO15,54013.05202,7570.5
Liberty Global plc Class C [LBTYK]GB5,82033.04192,2890.5
Indivior plc [INDV]GB47,2253.98187,8070.5
Barrick Gold Corp. [ABX]CA10,09617.72178,8960.5
Grupo Argos SA [GRUPOARG]CO17,3646.46112,1320.3
Great Portland Estates plc [GPOR]GB13,0068.20106,6600.3
Grupo Aval Acciones y Valores SA ADR [AVAL]CO9,6788.8385,4530.2
Hermes International SA [RMS]FR154407.1162,6280.2
AMBEV SA [ABEV3]BR9,3676.0957,0840.1
AMBEV SA ADR [ABEV]BR9,3676.0957,0430.1
Grupo de Inversiones Suramericana SA [PFGRUPSU]CO3,48712.9445,1130.1
Genting Bhd [GENTING]MY14,4001.9227,6420.1
Liberty Global plc LiLAC Class C [LILAK]GB73428.0520,5860.1
MGM China Holdings Ltd. [2282]CN11,3051.7519,7680.1
Liberty Global plc LiLAC Class A [LILA]GB62027.5917,1180.0
Total37,389,64796.4
Cash and Other Assets Less Liabilities3.6
Total Net Assets100%

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

As of Quarter Ended 09/30/2016
Economic SectorHarbor International Fund %MSCI EAFE (ND) Index %
Health Care18.511.4
Consumer Discretionary17.512.2
Consumer Staples16.912.8
Financials16.519.2
Industrials8.514.1
Information Technology6.75.6
Materials5.47.5
Real Estate3.84.0
Energy2.84.8
Utilities0.03.7
Telecommunication Services0.04.8

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

As of Quarter Ended 09/30/2016
Sector ReturnsHarbor International Fund %MSCI EAFE (ND) Index %
Information Technology24.414.8
Consumer Discretionary14.911.2
Materials10.715.8
Industrials10.18.6
Financials9.611.1
Real Estate4.55.0
Consumer Staples0.81.9
Cash0.30.0
Energy0.1-1.3
Telecommunication Services0.0-0.4
Utilities0.00.1
Health Care-3.3-2.3

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

As of Quarter Ended 09/30/2016
CountryHarbor International Fund %MSCI EAFE (ND) Index %
France16.99.7
United Kingdom16.219.3
Switzerland13.09.0
United States11.80.0
Japan8.423.9
Germany8.19.0
Netherlands3.83.3
China3.30.0
Colombia3.30.0
Sweden3.12.8
Other12.123.0

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.