Harbor Large Cap Value Fund Administrative Class (HRLVX)

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

Harbor Large Cap Value FundRussell 1000® Value Index
Number of Holdings42719
Weighted Avg. Market Cap ($Mil)84,519.17114,433.09
Median Market Cap ($Mil)48,786.538,774.50
Price/Book Ratio2.892.21
Adj. Trailing P/E Ratio19.3417.65
Forecasted P/E Ratio17.5516.10
Earnings Growth Rate (%)8.006.95
Proj. Earnings Growth Rate (%)12.129.39
Return on Equity (%)10.6810.56
Turnover (unannualized % since 10/31)12-
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
Adobe Systems Inc. [ADBE]3.5
Bank of America Corp. [BAC]3.2
Baxter International Inc. [BAX]3.2
Home Depot Inc. [HD]3.1
Microsoft Corp. [MSFT]2.9
Martin Marietta Materials Inc. [MLM]2.8
Medtronic plc [MDT]2.7
Microchip Technology Inc. [MCHP]2.7
General Dynamics Corp. [GD]2.6
Ameriprise Financial Inc. [AMP]2.6
% of Total Holdings:29.3

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

Company Name [Ticker]CountryShares (000's)Current Price ($)Market Value ($000's)% of Net Assets
Adobe Systems Inc. [ADBE]US147141.4420,7923.5
Bank of America Corp. [BAC]US79024.2619,1653.2
Baxter International Inc. [BAX]US31560.5419,0703.2
Home Depot Inc. [HD]US122153.4018,7153.1
Microsoft Corp. [MSFT]US25268.9317,3702.9
Martin Marietta Materials Inc. [MLM]US75222.5816,6942.8
Medtronic plc [MDT]IE18588.7516,4192.7
Microchip Technology Inc. [MCHP]US20777.1815,9762.7
General Dynamics Corp. [GD]US80198.1015,8482.6
Ameriprise Financial Inc. [AMP]US124127.2915,7842.6
AbbVie Inc. [ABBV]US21572.5115,5902.6
Oshkosh Corp. [OSK]US22568.8815,4982.6
Lennar Corp. [LEN]US29053.3215,4632.6
Banco Bilbao Vizcaya SA ADR [BBVA]ES1,8308.3615,2992.5
Walgreens Boots Alliance Inc. [WBA]US18978.3114,8012.5
Phillips 66 [PSX]US17582.6914,4712.4
Chubb Ltd. [CB]CH95145.3813,8112.3
Acadia Healthcare Co. Inc. [ACHC]US27649.3813,6472.3
Dow Chemical Co. [DOW]US21663.0713,6232.3
Unilever NV [UN]NL24655.2713,5962.3
Novartis AG ADR [NVS]CH15883.4713,1882.2
ANSYS Inc. [ANSS]US108121.6813,1412.2
Amgen Inc. [AMGN]US74172.2312,7452.1
Danaher Corp. [DHR]US15084.3912,6592.1
PPG Industries Inc. [PPG]US114109.9612,5352.1
M&T Bank Corp. [MTB]US76161.9512,3082.0
National Fuel Gas Co. [NFG]US22055.8412,2852.0
PayPal Holdings Inc. [PYPL]US22053.6711,8072.0
JPMorgan Chase & Co. [JPM]US12891.4011,6991.9
Mondelez International Inc. [MDLZ]US27043.1911,6611.9
Coca-Cola Co. [KO]US25644.8511,4821.9
Pioneer Natural Resources Co. [PXD]US71159.5811,3301.9
Kroger Co. [KR]US46223.3210,7741.8
First Republic Bank [FRC]US105100.1010,5111.7
EQT Corp. [EQT]US17658.5910,3121.7
Halliburton Co. [HAL]US24142.7110,2931.7
Archer Daniels Midland Co. [ADM]US24841.3810,2621.7
Mitsubishi UFJ Financial Group Inc. ADR [MTU]JP1,4936.7510,0781.7
BOK Financial Corp. [BOKF]US10084.138,4131.4
Time Warner Inc. [TWX]US82100.418,2361.4
Cullen/Frost Bankers Inc. [CFR]US8793.918,1701.4
AES Corp. [AES]US72711.118,0771.3
Total563,59893.8
Cash and Other Assets Less Liabilities6.2
Total Net Assets100%

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

As of Quarter Ended 06/30/2017
Economic SectorHarbor Large Cap Value Fund %Russell 1000® Value Index %
Financials20.825.5
Health Care17.214.2
Information Technology13.18.0
Consumer Staples12.19.2
Energy7.710.5
Materials7.12.7
Consumer Discretionary7.06.9
Industrials5.28.7
Utilities3.46.1
Real Estate0.05.0
Telecommunication Services0.03.1

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

As of Quarter Ended 06/30/2017
Sector ReturnsHarbor Large Cap Value Fund %Russell 1000® Value Index %
Health Care10.66.2
Information Technology10.10.7
Financials5.53.8
Consumer Discretionary4.43.1
Industrials3.73.1
Materials2.40.1
Cash0.20.0
Real Estate0.01.6
Telecommunication Services0.0-7.1
Consumer Staples-2.41.2
Utilities-2.62.2
Energy-6.1-7.1

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 Russell 1000® Value Index is an unmanaged index generally representative of the U.S. market for larger capitalization value stocks. This unmanaged index does not reflect fees and expenses and is not available for direct investment. The Russell 1000® Value Index and Russell® are trademarks of Frank Russell Company.