Portfolio Characteristics


As of 6/30/2020

International Small Cap Fund
MSCI EAFE Small Cap (ND) Index
Number of Holdings
64
2,323
Weighted Avg. Market Cap ($Mil)
1,724.11
2,337.2
Median Market Cap ($Mil)
1,274.06
948.43
Price/Book Ratio
1.20
1.68
Adj. Trailing P/E Ratio
11.78
15.99
Forecasted P/E Ratio
14.52
19.07
Earnings Growth Rate (%)
8.18
9.68
Proj. Earnings Growth Rate (%)
12.96
11.13
Return on Equity (%)
9.26
9.66
Beta vs. Fund Benchmark
1.02

For definitions of any of these terms, please visit our Financial Glossary.

Top Ten Holdings

As of 6/30/2020

Company Name [Ticker]
% of Net Assets
Jafco Co. Ltd.[8595]
2.2
Viva Energy Group Ltd.[VEA]
2.1
Asr Nederland NV[ASRNL]
2.0
Healius Ltd.[HLS]
2.0
Arcadis NV[ARCAD]
1.9
Kintetsu World Express Inc.[9375]
1.9
Elders Ltd.[ELD]
1.9
Kanamoto Co. Ltd.[9678]
1.9
Dksh Holding AG[DS5]
1.9
Tarkett SA[TKTT]
1.9

Full Holdings

As of 6/30/2020

Company Name [Ticker]
Country
Shares (000's)
Current Price ($)
Market Value ($000's)
% of Net Assets
Jafco Co. Ltd. [8595]
Japan
20
33.817
680
2.2
Viva Energy Group Ltd. [VEA]
Australia
487
1.275
621
2.1
Asr Nederland NV [ASRNL]
Netherlands
20
30.767
609
2.0
Healius Ltd. [HLS]
Australia
281
2.113
593
2.0
Arcadis NV [ARCAD]
Netherlands
32
18.127
583
1.9
Kintetsu World Express Inc. [9375]
Japan
34
17.269
582
1.9
Elders Ltd. [ELD]
Australia
88
6.536
576
1.9
Kanamoto Co. Ltd. [9678]
Japan
26
21.904
575
1.9
Dksh Holding AG [DS5]
Switzerland
9
64.428
566
1.9
Tarkett SA [TKTT]
France
48
11.678
561
1.9
Matas AS [MATAS]
Denmark
63
8.873
561
1.9
Takkt AG [TTK]
Germany
55
10.241
560
1.9
KH Neochem Co. Ltd. [4189]
Japan
30
18.949
559
1.8
Raito Kogyo Co. Ltd. [1926]
Japan
42
13.256
552
1.8
Japfa Ltd. [UD2]
Singapore
1,104
0.495
546
1.8
BML Inc. [4694]
Japan
21
26.046
541
1.8
Maire Tecnimont SpA [MT]
Italy
275
1.949
536
1.8
Indra Sistemas SA [IDR]
Spain
66
7.919
526
1.7
BillerudKorsnas AB [BILL]
Sweden
36
14.353
519
1.7
ISS AS [ISS]
Denmark
32
15.878
512
1.7
Ontex Group NV [ONTEX]
Belgium
35
14.699
510
1.7
Siltronic AG [WAF]
Germany
5
102.544
509
1.7
Clarkson PLC [CKN]
United Kingdom
18
27.848
507
1.7
Draegerwerk AG & Co KGaA [DRW3]
Germany
6
81.832
506
1.7
Krones AG [KRN]
Germany
8
64.224
502
1.7
Johnson Electric Holdings Ltd. [179]
Hong Kong
282
1.779
501
1.7
Landis+Gyr Group AG [4LG]
Switzerland
8
64.78
494
1.6
Criteo SA ADR [CRTO]
France
42
11.39
479
1.6
Resorttrust Inc. [4681]
Japan
37
12.979
478
1.6
Ebro Foods SA [EBRO]
Spain
23
20.746
476
1.6
Nabtesco Corp. [6268]
Japan
15
30.947
474
1.6
Inchcape plc [INCH]
United Kingdom
78
6.077
472
1.6
Tower Semiconductor Ltd. [TSEM]
Israel
25
19.09
470
1.6
Kerry Logistics Network Ltd. [636]
Hong Kong
353
1.333
470
1.6
Daiwabo Holdings Co. Ltd. [3107]
Japan
7
65.63
468
1.5
DOWA Holdings Co. Ltd. [5714]
Japan
15
30.353
467
1.5
Golar LNG Ltd. [GLNG]
Bermuda
64
7.24
463
1.5
Navigator Co. SA [NVG]
Portugal
190
2.434
463
1.5
Mapfre SA [MAP]
Spain
257
1.786
458
1.5
OSG Corp. [6136]
Japan
29
15.342
451
1.5
Virgin Money UK plc [VMUK]
United Kingdom
388
1.136
441
1.5
Ryohin Keikaku Co. Ltd. [7453]
Japan
30
14.224
428
1.4
Brunel International NV [BRNL]
Netherlands
57
7.182
411
1.4
Redde Northgate plc [REDD]
United Kingdom
199
2.056
408
1.4
Fuso Chemical Co. Ltd. [4368]
Japan
11
36.511
407
1.3
Nohmi Bosai Ltd. [6744]
Japan
21
19.43
406
1.3
X-Fab Silicon Foundries SE [XFAB]
Belgium
95
3.825
364
1.2
Mersen SA [MRN]
France
15
23.994
357
1.2
Neo Performance Materials Inc. [NEO]
Canada
54
6.651
357
1.2
Resurs Holding AB [RESURS]
Sweden
85
4.125
351
1.2
Alten SA [ATE]
France
4
86.408
336
1.1
Coface SA [COFA]
France
51
6.598
335
1.1
Sats Ltd. [S58]
Singapore
151
2.073
313
1.0
Sumco Corp. [3436]
Japan
19
15.374
289
1.0
C&C Group plc [CCR]
Ireland
100
2.851
286
0.9
Mears Group PLC [MER]
United Kingdom
136
1.971
268
0.9
Senior plc [SNR]
United Kingdom
308
0.864
266
0.9
Mtu Aero Engines AG [MTX]
Germany
2
174.101
262
0.9
Aryzta AG [YZA]
Switzerland
520
0.452
235
0.8
Beach Energy Ltd. [BPT]
Australia
219
1.068
234
0.8
Spin Master Corp. [TOY]
Canada
8
18.069
151
0.5
METAWATER Co. Ltd. [9551]
Japan
1
46.064
64
0.2
Bertrandt AG [BDT]
Germany
1
39.491
58
0.2
Paramount Bed Holdings Co. Ltd. [7817]
Japan
1
40.857
34
0.1

Sector Allocations

As of 6/30/2020

Economic Sector
International Small Cap Fund %
MSCI EAFE Small Cap (ND) Index %
Industrials
32.4
21.8
Information Technology
12.8
10.9
Financials
9.5
10.5
Materials
9.2
8.2
Consumer Discretionary
8.8
12.5
Consumer Staples
8.7
6.8
Health Care
5.5
8.1
Energy
4.4
1.7
Communication Services
1.6
4.5
Real Estate
0.0
12.4
Utilities
0.0
2.8

Sector Returns

As of 6/30/2020

Economic Sector
International Small Cap Fund %
MSCI EAFE Small Cap (ND) Index %
Communication Services
43.3
19.7
Materials
25.5
25.7
Consumer Discretionary
24.0
25.9
Energy
22.3
10.1
Financials
21.5
15.9
Consumer Staples
19.8
12.5
Industrials
18.5
21.3
Information Technology
16.7
30.7
Health Care
9.2
22.2
Cash
0.3
0.0
Utilities
0.0
16.6
Real Estate
0.0
8.5

Country Allocation

As of 6/30/2020

Country
International Small Cap Fund %
MSCI EAFE Small Cap (ND) Index %
Japan
24.7
31.2
Germany
7.9
5.8
United Kingdom
7.8
16.5
France
6.8
2.9
Australia
6.7
8.3
Netherlands
5.3
2.2
Spain
4.8
1.9
Switzerland
4.3
5.4
Denmark
3.6
1.7
Hong Kong
3.2
2.3
Other
24.9
21.8

Additional Information about Harbor Funds