Harbor Global Leaders Fund Investor Class (HGGIX)

Portfolio Characteristics (As of Quarter Ended 06/30/2017)

Harbor Global Leaders FundMSCI All Country World (ND) Index
Number of Holdings352,501
Weighted Avg. Market Cap ($Mil)99,610.69113,460.57
Median Market Cap ($Mil)39,090.569,905.48
Price/Book Ratio5.262.81
Adj. Trailing P/E Ratio28.5019.43
Forecasted P/E Ratio24.7117.01
Earnings Growth Rate (%)17.967.91
Proj. Earnings Growth Rate (%)14.7112.27
Return on Equity (%)20.8313.44
Turnover (unannualized % since 10/31)115-
Beta vs. Fund Benchmark0.95-

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

Top Ten Holdings (As of Quarter Ended 06/30/2017)

Company Name [Ticker]% of Net Assets
VISA Inc. [V]4.8
TransDigm Group Inc. [TDG]4.7
HDFC Bank Ltd. ADR [HDB]4.4
Alimentation Couche-Tard Inc. [ATD.B]4.3
Starbucks Corp. [SBUX]4.0
Alibaba Group Holding Ltd. ADR [BABA]3.7
American Tower Corp. [AMT]3.6
Taiwan Semiconductor Manufacturing Co. Ltd. ADR [TSM]3.5
Safran SA [SAF]3.5
Zoetis Inc. [ZTS]3.4
% of Total Holdings:39.9

Full Holdings (As of Quarter Ended 06/30/2017)

Company Name [Ticker]CountryShares (000's)Current Price ($)Market Value ($000's)% of Net Assets
VISA Inc. [V]US2193.781,9614.8
TransDigm Group Inc. [TDG]US7268.871,9044.7
HDFC Bank Ltd. ADR [HDB]IN2186.971,7854.4
Alimentation Couche-Tard Inc. [ATD.B]CA3747.931,7604.3
Starbucks Corp. [SBUX]US2858.311,6224.0
Alibaba Group Holding Ltd. ADR [BABA]CN11140.901,5113.7
American Tower Corp. [AMT]US11132.321,4853.6
Taiwan Semiconductor Manufacturing Co. Ltd. ADR [TSM]TW4134.961,4303.5
Safran SA [SAF]FR1591.711,4193.5
Zoetis Inc. [ZTS]US2262.381,3993.4
Allergan plc [AGN]US5243.091,2763.1
Dollar General Corp. [DG]US1872.091,2713.1
Alphabet Inc. Class A [GOOGL]US1929.681,2093.0
Priceline Group Inc. [PCLN]US11870.521,2053.0
Fresenius Medical Care AG & Co. KGAA [FME]DE1296.501,1722.9
Keyence Corp. [6861]JP3440.231,1512.8
Fomento Economico Mexicano SAB de CV ADR [FMX]MX1198.341,1232.8
Verisk Analytics Inc. [VRSK]US1384.371,1222.7
Adobe Systems Inc. [ADBE]US8141.441,0982.7
Intercontinental Exchange Group Inc. [ICE]US1665.921,0612.6
LVMH Moet Hennessy Louis Vuitton SE [MC]FR4250.061,0302.5
Essilor International SA [EI]FR8127.211,0182.5
Tencent Holdings Ltd. [700]CN2835.879892.4
Nike Inc. [NKE]US1659.009482.3
Sands China Ltd. [1928]CN1984.589072.2
Bristol-Myers Squibb Co. [BMY]US1655.729042.2
Industria de Diseno Textil SA [ITX]ES2338.408762.1
Dassault Systemes SE [DSY]FR989.698162.0
Moody's Corp. [MCO]US7121.688032.0
Union Pacific Corp. [UNP]US7108.917421.8
Rightmove plc [RMV]GB1155.336231.5
Ross Stores Inc. [ROST]US1157.736191.5
Don Quijote Holdings Co. Ltd. [7532]JP1637.995911.4
Intuit Inc. [INTU]US4132.815841.4
O'reilly Automotive Inc. [ORLY]US2218.745171.3
Total39,93197.7
Cash and Other Assets Less Liabilities2.3
Total Net Assets100%

Sector Allocation (As of Quarter Ended 06/30/2017)

As of Quarter Ended 06/30/2017
Economic SectorHarbor Global Leaders Fund %MSCI All Country World (ND) Index %
Information Technology27.916.9
Consumer Discretionary23.512.1
Health Care14.111.4
Industrials12.710.9
Financials8.918.6
Consumer Staples7.19.3
Real Estate3.63.1
Materials0.05.1
Utilities0.03.1
Energy0.06.1
Telecommunication Services0.03.2

Sector Returns (As of Quarter Ended 06/30/2017)

As of Quarter Ended 06/30/2017
Sector ReturnsHarbor Global Leaders Fund %MSCI All Country World (ND) Index %
Industrials15.15.7
Financials12.95.2
Information Technology12.36.7
Real Estate10.04.4
Health Care8.87.0
Consumer Staples8.44.2
Consumer Discretionary2.54.2
Cash0.10.0
Energy0.0-4.8
Materials0.02.4
Telecommunication Services0.0-0.1
Utilities0.03.8

Country Allocation (As of Quarter Ended 06/30/2017)

As of Quarter Ended 06/30/2017
CountryHarbor Global Leaders Fund %MSCI All Country World (ND) Index %
United States53.252.5
France10.53.5
China8.33.1
India4.41.0
Canada4.33.1
Japan4.37.7
Taiwan3.51.4
Germany2.93.1
Mexico2.80.4
Spain2.11.1
Other3.723.1

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.