Harbor Global Growth Fund Administrative Class (HRGAX)

Portfolio Characteristics (As of Quarter Ended 09/30/2014)

 Harbor Global Growth FundMSCI All Country World (ND) Index
Number of Holdings372,449
Weighted Avg. Market Cap ($Mil)115,951.6591,075.34
Median Market Cap ($Mil)42,488.218,891.92
Price/Book Ratio5.342.05
Adj. Trailing P/E Ratio30.2616.84
Forecasted P/E Ratio19.5214.20
Earnings Growth Rate (%)17.6510.11
Proj. Earnings Growth Rate (%)20.3311.44
Return on Equity (%)20.7613.48
Turnover (unannualized % since 10/31)111-
Beta vs. MSCI AC World Index0.98-
Beta vs. MSCI EAFE (ND) Index0.76-

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

Top Ten Holdings (As of Quarter Ended 09/30/2014)

Company Name [Ticker]% of Net Assets
Gilead Sciences Inc. [GILD]6.5
Canadian Pacific Railway Ltd. [CP]5.5
Facebook Inc. [FB]5.0
ASML Holding NV [ASML]4.4
Novartis AG [NOVN]4.1
Apple Inc. [AAPL]3.2
Biogen Idec Inc. [BIIB]3.1
Sherwin-Williams Co. [SHW]3.0
Schlumberger Ltd. [SLB]2.9
Alibaba Group Holding Ltd. ADR [BABA]2.9
% of Total Holdings:40.6

Full Holdings (As of Quarter Ended 09/30/2014)

Company Name [Ticker]CountrySEDOLShares (000's)Current Price ($)Market Value ($000's)% of Net Assets
Gilead Sciences Inc. [GILD]US236917421106.452,2796.5
Canadian Pacific Railway Ltd. [CP]CA27931159207.541,9135.5
Facebook Inc. [FB]USB7TL8202279.041,7345.0
ASML Holding NV [ASML]NLB908F011698.821,5354.4
Novartis AG [NOVN]CH71030651594.171,4364.1
Apple Inc. [AAPL]US204625111100.751,1193.2
Biogen Idec Inc. [BIIB]US24559653330.811,1003.1
Sherwin-Williams Co. [SHW]US28042115218.991,0433.0
Schlumberger Ltd. [SLB]US277920110101.691,0312.9
Alibaba Group Holding Ltd. ADR [BABA]KYBP41ZD11288.851,0312.9
Starwood Hotels & Resorts Worldwide Inc. [HOT]USB12GHV21283.211,0232.9
Domino's Pizza Group plc [DOM]GBB1S49Q91119.201,0202.9
Tata Motors Ltd. ADR [TTM]INB02ZP962343.711,0152.9
Continental Resources Inc. [CLR]USB1XGWS31566.489932.8
General Dynamics Corp. [GD]US23651618127.099712.8
Monsanto Co. [MON]US26543209112.519662.8
Tencent Holdings Ltd. [700]CNBMMV2K86414.869512.7
VISA Inc. [V]USB2PZN044213.379352.7
Roche Holding AG [ROG]CH71103883295.309222.6
Liberty Global plc [LBTYK]GBB8W67B12141.028702.5
Walt Disney Co. [DIS]US2270726989.038352.4
Nike Inc. [NKE]US2640147989.207622.2
Tesla Motors Inc. [TSLA]USB616C793242.687602.2
Halliburton Co. [HAL]US24053021264.517452.1
Wynn Macau Ltd. [1128]HKB4JSTL62303.197342.1
UCB SA [UCB]BE5596991790.616751.9
Pacira Pharmaceuticals Inc. [PCRX]USB3X26D8796.926421.8
Google Inc. Class A [GOOGL]USB020QX21588.416051.7
Hermes International [RMS]FR52539732299.085961.7
Bayerische Motoren Werke AG [BMW]DE57560295106.875591.6
ARM Holdings plc [ARM]GB00595853414.574881.4
Google Inc. Class C [GOOG]USBKM4JZ71577.364791.4
Antero Resources Corp. [AR]USBFD2WR8854.894381.2
Keurig Green Mountain Inc. [GMCR]USBKQVM443130.133521.0
Zalando Se [ZAL]DEBQV0SV7827.162060.6
Mobileye NV [MBLY]NLBPBFT01353.591750.5
LinkedIn Corp. [LNKD]USB3ZVCQ81207.791690.5
LKQ Corp. [LKQ]US2971029626.591600.5
Total33,26795.0
Cash and Other Assets Less Liabilities5.0
Total Net Assets100%

Sector Allocation (As of Quarter Ended 09/30/2014)

As of Quarter Ended 09/30/2014
Economic SectorHarbor Global Growth Fund %MSCI All Country World (ND) Index %
Information Technology26.313.4
Consumer Discretionary24.411.4
Health Care20.111.3
Energy9.29.4
Industrials8.210.4
Materials5.75.8
Consumer Staples1.09.5
Telecommunication Services0.03.9
Financials0.021.5
Utilities0.03.3

Sector Returns (As of Quarter Ended 09/30/2014)

As of Quarter Ended 09/30/2014
Sector ReturnsHarbor Global Growth Fund %MSCI All Country World (ND) Index %
Health Care11.53.7
Industrials6.4-3.7
Consumer Staples5.3-2.2
Information Technology2.12.4
Telecommunication Services0.0-0.6
Utilities0.0-4.7
Cash-0.40.0
Consumer Discretionary-1.4-3.6
Materials-2.0-6.8
Financials-2.7-1.6
Energy-15.1-9.1

Country Allocation (As of Quarter Ended 09/30/2014)

As of Quarter Ended 09/30/2014
CountryHarbor Global Growth Fund %MSCI All Country World (ND) Index %
United States54.750.3
United Kingdom6.87.8
Switzerland6.73.2
Canada5.53.8
Netherlands4.91.1
Cayman Islands2.90.0
India2.90.8
China2.71.4
Germany2.23.1
Hong Kong2.11.7
Other8.626.8

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.