Harbor Large Cap Value Fund Investor Class (HILVX)

Portfolio Characteristics (As of Quarter Ended 06/30/2016)

 Harbor Large Cap Value FundRussell 1000® Value Index
Number of Holdings42692
Weighted Avg. Market Cap ($Mil)68,995.19113,926.32
Median Market Cap ($Mil)42,128.967,402.24
Price/Book Ratio2.281.78
Adj. Trailing P/E Ratio17.3616.50
Forecasted P/E Ratio15.5815.22
Earnings Growth Rate (%)8.164.93
Proj. Earnings Growth Rate (%)9.276.65
Return on Equity (%)17.1312.35
Turnover (unannualized % since 10/31)20-
Beta vs. Russell 1000® Value Index1.02-
Beta vs. Russell 3000® Index1.02-

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

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

Company Name [Ticker]% of Net Assets
Home Depot Inc. [HD]3.4
Medtronic plc [MDT]3.4
Baxter International Inc. [BAX]3.2
Adobe Systems Inc. [ADBE]3.1
Walgreens Boots Alliance Inc. [WBA]3.0
Martin Marietta Materials Inc. [MLM]2.9
Microsoft Corp. [MSFT]2.9
Lennar Corp. [LEN]2.8
Time Warner Inc. [TWX]2.8
AbbVie Inc. [ABBV]2.8
% of Total Holdings:30.3

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

Company Name [Ticker]CountryCUSIPShares (000's)Current Price ($)Market Value ($000's)% of Net Assets
Home Depot Inc. [HD]US43707610294127.6912,0033.4
Medtronic plc [MDT]IEG5960L10313886.7711,9743.4
Baxter International Inc. [BAX]US07181310924845.2211,2153.2
Adobe Systems Inc. [ADBE]US00724F10111695.7911,1123.1
Walgreens Boots Alliance Inc. [WBA]US93142710812883.2710,6593.0
Martin Marietta Materials Inc. [MLM]US57328410654192.0010,3682.9
Microsoft Corp. [MSFT]US59491810419951.1710,1832.9
Lennar Corp. [LEN]US52605710421446.109,8652.8
Time Warner Inc. [TWX]US88731730313473.549,8542.8
AbbVie Inc. [ABBV]US00287Y10915861.919,7822.8
Novartis AG ADR [NVS]CH66987V10911782.519,6622.7
Phillips 66 [PSX]US71854610412079.349,5212.7
Mondelez International Inc. [MDLZ]US60920710520045.519,1022.6
Unilever NV [UN]NL90478470919346.949,0592.6
General Dynamics Corp. [GD]US36955010865139.249,0512.6
Texas Instruments Inc. [TXN]US88250810414362.658,9592.5
First Republic Bank [FRC]US33616C10012869.998,9592.5
Chubb Ltd. [CB]CHH1467J10468130.718,8882.5
Microchip Technology Inc. [MCHP]US59501710417050.768,6292.4
Ameriprise Financial Inc. [AMP]US03076C1069589.858,5362.4
Bank of America Corp. [BAC]US06050510462513.278,2942.3
Illinois Tool Works Inc. [ITW]US45230810977104.168,0202.3
Dow Chemical Co. [DOW]US26054310316049.717,9542.2
Amgen Inc. [AMGN]US03116210052152.157,9122.2
Oshkosh Corp. [OSK]US68823920116547.717,8722.2
Diageo plc ADR [DEO]GB25243Q20567112.887,5632.1
Archer-Daniels-Midland Co. [ADM]US03948310217042.897,2912.1
M&T Bank Corp. [MTB]US55261F10458118.236,8571.9
Halliburton Co. [HAL]US40621610115145.296,8391.9
Pioneer Natural Resources Co. [PXD]US72378710745151.216,8041.9
AES Corp. [AES]US00130H10554012.486,7391.9
Hershey Co. [HSY]US42786610859113.496,6961.9
National Fuel Gas Co. [NFG]US63618010111356.886,4271.8
PayPal Holdings Inc. [PYPL]US70450Y10316336.515,9511.7
JPMorgan Chase & Co. [JPM]US46625H1009262.145,7171.6
Danaher Corp. [DHR]US23585110254101.005,4541.5
Banco Bilbao Vizcaya SA ADR [BBVA]ES05946K1019505.745,4531.5
Mitsubishi UFJ Financial Group Inc. ADR [MTU]JP6068221041,2074.435,3471.5
Deere & Co. [DE]US2441991056581.045,2681.5
BOK Financial Corp. [BOKF]US05561Q2017462.704,6401.3
Cullen/Frost Bankers Inc. [CFR]US2298991097263.734,5891.3
Coty Inc. [COTY]US22207020317525.994,5481.3
Total339,61695.7
Cash and Other Assets Less Liabilities4.3
Total Net Assets100%

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

As of Quarter Ended 06/30/2016
Economic SectorHarbor Large Cap Value Fund %Russell 1000® Value Index %
Financials19.027.7
Health Care15.811.8
Consumer Staples15.59.1
Information Technology12.79.5
Consumer Discretionary9.04.7
Industrials8.59.3
Energy6.513.5
Materials5.22.8
Utilities3.77.4
Telecommunication Services0.04.2

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

As of Quarter Ended 06/30/2016
Sector ReturnsHarbor Large Cap Value Fund %Russell 1000® Value Index %
Utilities10.97.0
Health Care10.79.2
Materials10.66.3
Consumer Staples8.06.3
Industrials5.72.1
Energy5.310.9
Financials3.12.2
Information Technology0.31.2
Cash0.10.0
Telecommunication Services0.08.4
Consumer Discretionary-2.5-5.5

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 Russell Investments.