Harbor Unconstrained Bond Fund Administrative Class (HRUBX)

CLOSED TO NEW INVESTORS

Portfolio Characteristics (As of Quarter Ended 03/31/2016)

 Harbor Unconstrained Bond FundBofA Merrill Lynch US Dollar 3-Month LIBOR Constant Maturity Index
Number of Bonds157-
Average Market Coupon (%)2.62-
Yield to Maturity (%)4.25-
Weighted Avg. Maturity (yrs)1.040
Weighted Avg. Duration (yrs)-0.710.25

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

Top Ten Holdings (As of Quarter Ended 06/30/2016)

SecuritiesMaturity DateCoupon Rate (%)Market Value ($000's)% of Net Assets
Sierra Madre Funding Ltd.09/07/20390.92132.0
Sierra Madre Funding Ltd.09/07/20390.8910.9
Triaxx Prime CLO10/02/20390.7450.4
Belle Haven ABS CLO Ltd.11/03/20441.0370.4
Huntington CLO Ltd.11/05/20400.9300.3
Belle Haven ABS CLO Ltd.11/03/20441.0180.2
% of Total Holdings:4344.2

Full Holdings (As of Quarter Ended 06/30/2016)

SecuritiesMaturity DateCoupon Rate (%)Market Value ($000's)% of Net Assets
Sierra Madre Funding Ltd.09/07/20390.92132.0
Sierra Madre Funding Ltd.09/07/20390.8910.9
Triaxx Prime CLO10/02/20390.7450.4
Belle Haven ABS CLO Ltd.11/03/20441.0370.4
Huntington CLO Ltd.11/05/20400.9300.3
Belle Haven ABS CLO Ltd.11/03/20441.0180.2
Total4344.2
Cash and Other Assets Less Liabilities95.8
Total Net Assets100%

Sector Allocation (As of Quarter Ended 06/30/2016)

As of Quarter Ended 06/30/2016
Economic SectorHarbor Unconstrained Bond Fund %
Asset-backed Securities4.2

Maturity Profile (As of Quarter Ended 03/31/2016)

As of Quarter Ended 03/31/2016
MaturityHarbor Unconstrained Bond Fund %
0-1 yr90.1
1-3 yr-56.0
3-5 yr49.9
5-7 yr20.7
7-10 yr9.1
10-20 yr-11.6
20-30 yr1.4
Over 30 yr-3.6

Duration (As of Quarter Ended 03/31/2016)

As of Quarter Ended 03/31/2016
DurationHarbor Unconstrained Bond Fund %
0-1 yr90.7
1-3 yr109.0
3-5 yr-221.1
5-7 yr-109.9
7-10 yr60.4
10-20 yr-18.8
20-30 yr189.6
Over 30 yr0.0

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 Barclays U.S. Aggregate Bond Index is an unmanaged index of investment-grade fixed-rate debt issues with maturities of at least one year. This unmanaged index does not reflect fees and expenses and is not available for direct investment.

The BofA Merrill Lynch US Dollar 3-Month LIBOR Constant Maturity Index tracks the performance of a synthetic asset paying Libor to a stated maturity. The index is based on the assumed purchase at par of a synthetic instrument having exactly its stated maturity and with a coupon equal to that day's fixing rate. That issue is assumed to be sold the following business day (priced at a yield equal to the current day fixing rate) and rolled into a new instrument.