Harbor Global Growth Fund Administrative Class (HRGAX)

Portfolio Characteristics (As of Quarter Ended 12/31/2015)

 Harbor Global Growth FundMSCI All Country World (ND) Index
Number of Holdings352,491
Weighted Avg. Market Cap ($Mil)127,572.7694,589.32
Median Market Cap ($Mil)28,663.168,396.86
Price/Book Ratio5.461.99
Adj. Trailing P/E Ratio33.8116.44
Forecasted P/E Ratio24.8915.06
Earnings Growth Rate (%)23.1912.55
Proj. Earnings Growth Rate (%)25.0610.46
Return on Equity (%)25.9014.02
Turnover (unannualized % since 10/31)16-
Beta vs. MSCI AC World Index0.96-
Beta vs. MSCI EAFE (ND) Index0.77-

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

Top Ten Holdings (As of Quarter Ended 12/31/2015)

Company Name [Ticker]% of Net Assets
Facebook Inc. [FB]5.6
Domino's Pizza Enterprises Ltd. [DMP]5.0
Alphabet Inc. [GOOGL]4.7
Ryanair Holdings plc ADR [RYAAY]4.3
Worldpay Group plc [WPG]4.0
Nike Inc. [NKE]3.5
Sherwin-Williams Co. [SHW]3.4
Alibaba Group Holding Ltd. ADR [BABA]3.4
Apple Inc. [AAPL]3.4
Ctrip.com International Ltd. ADR [CTRP]3.2
% of Total Holdings:40.5

Full Holdings (As of Quarter Ended 12/31/2015)

Company Name [Ticker]CountryShares (000's)Current Price ($)Market Value ($000's)% of Net Assets
Facebook Inc. [FB]US26104.662,7335.6
Domino's Pizza Enterprises Ltd. [DMP]AU5841.722,4135.0
Alphabet Inc. [GOOGL]US3778.012,2634.7
Ryanair Holdings plc ADR [RYAAY]IE2486.462,0684.3
Worldpay Group plc [WPG]GB4254.531,9264.0
Nike Inc. [NKE]US2862.501,7213.5
Sherwin-Williams Co. [SHW]US6259.601,6723.4
Alibaba Group Holding Ltd. ADR [BABA]CN2081.271,6593.4
Apple Inc. [AAPL]US16105.261,6543.4
Ctrip.com International Ltd. ADR [CTRP]CN3346.331,5323.2
Pacira Pharmaceuticals Inc. [PCRX]US2076.791,5253.1
Norwegian Cruise Line Holdings Ltd. [NCLH]US2658.601,5003.1
Domino's Pizza Group plc [DOM]GB9415.501,4593.0
VISA Inc. [V]US1977.551,4573.0
Salesforce.com Inc. [CRM]US1878.401,4292.9
Novartis AG [NOVN]CH1686.021,3622.8
Novo Nordisk AS [NOVOB]DK2257.901,2662.6
Safran SA [SAF]FR1868.701,2522.6
Tencent Holdings Ltd. [700]CN6319.611,2432.6
UnitedHealth Group Inc. [UNH]US10117.641,1652.4
JCDecaux SA [DEC]FR2938.331,0942.3
Electronic Arts Inc. [EA]US1668.721,0892.2
Amazon.com Inc. [AMZN]US2675.891,0412.1
Walt Disney Co. [DIS]US10105.081,0282.1
Celgene Corp. [CELG]US9119.761,0232.1
Activision Blizzard Inc. [ATVI]US2538.719692.0
Amgen Inc. [AMGN]US6162.339592.0
Regeneron Pharmaceuticals Inc. [REGN]US2542.879532.0
Imax Corp. [IMAX]CA2735.549441.9
Dollar Tree Inc. [DLTR]US1277.228941.8
Auto Trader Group plc [AUTO]GB1276.528261.7
Chipotle Mexican Grill Inc. [CMG]US2479.857761.6
Hermes International SA [RMS]FR2338.027551.6
Palo Alto Networks Inc. [PANW]US4176.147001.4
Nivalis Therapeutics Inc. [NVLS]US467.743540.7
Total46,70496.1
Cash and Other Assets Less Liabilities3.9
Total Net Assets100%

Sector Allocation (As of Quarter Ended 12/31/2015)

As of Quarter Ended 12/31/2015
Economic SectorHarbor Global Growth Fund %MSCI All Country World (ND) Index %
Information Technology36.914.9
Consumer Discretionary31.213.0
Health Care17.712.5
Industrials6.810.3
Materials3.44.5
Financials0.021.5
Energy0.06.2
Telecommunication Services0.03.7
Consumer Staples0.010.2
Utilities0.03.2

Sector Returns (As of Quarter Ended 12/31/2015)

As of Quarter Ended 12/31/2015
Sector ReturnsHarbor Global Growth Fund %MSCI All Country World (ND) Index %
Materials16.83.5
Information Technology11.98.7
Consumer Discretionary8.45.1
Health Care3.46.9
Industrials2.56.1
Cash2.00.0
Energy0.0-0.5
Financials0.03.9
Telecommunication Services0.04.1
Utilities0.01.2
Consumer Staples-3.75.6

Country Allocation (As of Quarter Ended 12/31/2015)

As of Quarter Ended 12/31/2015
CountryHarbor Global Growth Fund %MSCI All Country World (ND) Index %
United States55.453.1
China9.12.6
United Kingdom8.76.8
France6.43.4
Australia5.02.2
Ireland4.30.1
Switzerland2.83.2
Denmark2.60.7
Canada1.92.8
Other3.825.1

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 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.