Harbor Real Return Fund Administrative Class (HRRRX)

Portfolio Characteristics (As of Quarter Ended 03/31/2017)

Harbor Real Return FundBloomberg Barclays U.S. TIPS Index
Number of Issues8138
Average Market Coupon (%)1.470.87
Yield to Maturity (%)2.962.28
Weighted Avg. Maturity (yrs)8.108.31
Weighted Avg. Duration (yrs)7.487.81

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

Top Ten Holdings (As of Quarter Ended 03/31/2017)

Issuer NameMaturity DateCoupon Rate (%)Market Value ($000's)% of Net Assets
U.S. Treasury Inflation Indexed Bonds01/15/20252.434,59532.7
U.S. Treasury Inflation Indexed Bonds07/15/20191.912,68812.0
U.S. Treasury Inflation Indexed Bonds02/15/20441.49,4488.9
U.S. Treasury Inflation Indexed Bonds07/15/20210.68,2627.8
U.S. Treasury Inflation Indexed Bonds01/15/20272.45,4715.2
U.S. Treasury Inflation Indexed Bonds01/15/20292.54,5134.3
U.S. Treasury Inflation Indexed Bonds01/15/20240.63,3263.1
U.S. Treasury Inflation Indexed Bonds07/15/20240.13,2853.1
U.S. Treasury Inflation Indexed Bonds01/15/20260.63,1553.0
U.S. Treasury Inflation Indexed Bonds01/15/20250.22,4922.4
% of Total Holdings:87,23582.5

Full Holdings (As of Quarter Ended 03/31/2017)

Issuer NameMaturity DateCoupon Rate (%)Market Value ($000's)% of Net Assets
U.S. Treasury Inflation Indexed Bonds01/15/20252.434,59532.7
U.S. Treasury Inflation Indexed Bonds07/15/20191.912,68812.0
U.S. Treasury Inflation Indexed Bonds02/15/20441.49,4488.9
U.S. Treasury Inflation Indexed Bonds07/15/20210.68,2627.8
U.S. Treasury Inflation Indexed Bonds01/15/20272.45,4715.2
U.S. Treasury Inflation Indexed Bonds01/15/20292.54,5134.3
U.S. Treasury Inflation Indexed Bonds01/15/20240.63,3263.1
U.S. Treasury Inflation Indexed Bonds07/15/20240.13,2853.1
U.S. Treasury Inflation Indexed Bonds01/15/20260.63,1553.0
U.S. Treasury Inflation Indexed Bonds01/15/20250.22,4922.4
U.S. Treasury Notes11/30/20211.82,4642.3
U.S. Treasury Inflation Indexed Bonds04/15/20200.12,3162.2
U.S. Treasury Inflation Indexed Bonds07/15/20220.12,3002.2
U.S. Treasury Inflation Indexed Bonds07/15/20250.41,9821.9
Japan Treasury Discount Bill05/08/20170.01,9771.9
Japan Treasury Discount Bill04/10/20170.01,8861.8
U.S. Treasury Notes02/28/20221.91,6961.6
Telefonica Emisiones Sau06/23/20171.81,6521.6
U.S. Treasury Inflation Indexed Bonds01/15/20230.11,4731.4
U.S. Treasury Inflation Indexed Bonds04/15/20190.11,3151.2
U.S. Treasury Inflation Indexed Bonds01/15/20270.41,3021.2
U.S. Treasury Inflation Indexed Bonds02/15/20420.81,2011.1
U.S. Treasury Inflation Indexed Bonds01/15/20192.11,1901.1
New Zealand Government Bond09/20/20252.01,1751.1
U.S. Treasury Inflation Indexed Bonds02/15/20470.99920.9
Federal National Mortgage Association TBA05/11/20473.09900.9
U.S. Treasury Inflation Indexed Bonds04/15/20283.69190.9
Lavender Trust10/26/20366.29180.9
Hellenic Republic Government International Bond MTN08/08/20173.88650.8
U.S. Treasury Inflation Indexed Bonds01/15/20262.08340.8
U.S. Treasury Inflation Indexed Bonds02/15/20412.17180.7
Navient Corp. MTN05/03/20194.87080.7
Santander Holdings USA Inc.11/24/20172.56040.6
U.S. Treasury Inflation Indexed Bonds04/15/20210.15180.5
Deutsche Bank AG10/14/20214.25130.5
Goldman Sachs Group Inc.09/15/20202.35070.5
Whitehorse VI Ltd.02/03/20252.25000.5
U.S. Treasury Inflation Indexed Bonds02/15/20450.84920.5
Long Beach Mortgage Loan Trust08/25/20351.74790.5
U.S. Treasury Inflation Indexed Bonds07/15/20201.24710.4
Petrobras Global Finance BV01/27/20215.44120.4
Federal Home Loan Mortgage Corp. REMIC12/15/20371.43980.4
U.S. Treasury Inflation Indexed Bonds07/15/20230.43920.4
Citigroup Mortgage Loan Trust Inc.08/25/20351.63660.3
French Republic Government Bond OAT03/01/20210.13380.3
U.K. Gilt Inflation Linked11/22/20650.13340.3
U.K. Gilt Inflation Linked03/22/20460.13310.3
Argentine Republic Government International Bond01/26/20276.93050.3
U.S. Treasury Inflation Indexed Bonds02/15/20402.12980.3
Hillmark Funding Ltd.05/21/20211.32390.2
Long Beach Mortgage Loan Trust01/25/20361.32240.2
Federal National Mortgage Association REMIC02/25/20411.52090.2
Toronto Dominion Bank03/15/20212.22000.2
Navient Student Loan Trust03/25/20662.11980.2
Mexican Bonos06/14/20184.81860.2
Soundview Home Loan Trust05/25/20361.31780.2
Mexican Bonos05/29/20317.81610.2
U.S. Treasury Inflation Indexed Bonds07/15/20260.11580.1
U.S. Treasury Inflation Indexed Bonds02/15/20461.01560.1
France Government Bond OAT07/25/20202.21470.1
Morgan Stanley Mortgage Loan Trust06/25/20362.91450.1
GSAMP Trust10/25/20342.61310.1
U.S. Treasury Inflation Indexed Bonds02/15/20430.61180.1
MASTR Asset Backed Securities Trust06/25/20361.21110.1
Navient Corp. MTN01/15/20195.51040.1
Ally Financial Inc.09/10/20184.81030.1
Federal National Mortgage Association REMIC07/25/20371.21020.1
Ally Financial Inc.01/27/20193.51010.1
U.S. Treasury Notes12/31/20212.11010.1
AT&T Inc.01/15/20201.61010.1
ING Bank NV MTN12/05/20222.61000.1
Federal National Mortgage Association REMIC07/25/20371.1850.1
Saxon Asset Securities Trust06/25/20334.0830.1
U.K. Gilt Inflation Linked03/22/20440.1670.1
Morgan Stanley ABS Capital I Inc. Trust10/25/20361.1600.1
U.K. Gilt Inflation Linked03/22/20580.1540.1
Federal National Mortgage Association REMIC05/25/20361.2490.0
Countrywide Home Loan Mortgage Pass Through Trust04/20/20353.1330.0
Bear Stearns Arm Trust07/25/20363.2310.0
Residential Asset Securitization Trust01/25/20461.2260.0
Washington Mutual Mortgage Pass Through Certificates Trust09/25/20332.8220.0
Total129,149122.2
Cash and Other Assets Less Liabilities-22.2
Total Net Assets100%

Sector Allocation (As of Quarter Ended 03/31/2017)

As of Quarter Ended 03/31/2017
Economic SectorHarbor Real Return Fund %
U.S. Government Obligations104.6
Foreign Government Obligations7.4
Corporate Bonds & Notes4.8
Asset-backed Securities2.1
Mortgage Pass-through1.7
Collateralized Mortgage Obligations1.5

Maturity Profile (As of Quarter Ended 03/31/2017)

As of Quarter Ended 03/31/2017
MaturityHarbor Real Return Fund %
0-1 yr10.2
1-3 yr6.2
3-5 yr13.5
5-7 yr-1.3
7-10 yr59.2
10-20 yr4.3
20-30 yr10.2
Over 30 yr-2.2

Duration (As of Quarter Ended 03/31/2017)

As of Quarter Ended 03/31/2017
DurationHarbor Real Return Fund %
0-1 yr-2.2
1-3 yr2.6
3-5 yr3.2
5-7 yr12.6
7-10 yr49.5
10-20 yr3.5
20-30 yr28.4
Over 30 yr2.3

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.