Portfolio Characteristics


As of 6/30/2021

Focused International Fund
MSCI All Country World Ex. US (ND) Index
Number of Holdings
40
2348
Wtd Avg Market Cap ($Mil)
182389.4
105567.3
Price/Book Ratio
6.71
2.9
Adjusted Trailing P/E Ratio
33.7
25
% EPS Growth - Past 3 Yr
3.3
4.9
Return on Equity (%)
16.08
10.87
Forecasted P/E Ratio
31.7
19.4
Proj. Earnings Growth Rate (%)
19.1
16.7

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

Top Ten Holdings

As of 6/30/2021

Company Name [Ticker]
% of Net Assets
Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR[TSM]
5.5
Novo Nordisk A/S Class B[NOVO.B]
4.5
NetEase, Inc[9999]
4.4
Housing Development Finance Corporation Limited[500010]
4.3
HOYA CORPORATION[7741]
4.3
Inner Mongolia Yili Industrial Group Co., Ltd. Class A[null]
4.3
Alibaba Group Holding Ltd.[9988]
4.2
Pernod Ricard SA[RI]
4.0
AIA Group Limited[1299]
4.0
Experian PLC[EXPN]
3.9

Full Holdings

As of 6/30/2021

Company Name [Ticker]
Country
Shares (000's)
Current Price ($)
Market Value ($000's)
% of Net Assets
Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR [TSM]
Taiwan
22
120.16
2,609
5.5
Novo Nordisk A/S Class B [NOVO.B]
Denmark
26
83.79
2,138
4.5
NetEase, Inc [9999]
Hong Kong
94
22.65
2,118
4.4
Housing Development Finance Corporation Limited [500010]
India
62
33.30
2,054
4.3
HOYA CORPORATION [7741]
Japan
15
132.71
2,044
4.3
Inner Mongolia Yili Industrial Group Co., Ltd. Class A
China
358
5.70
2,043
4.3
Alibaba Group Holding Ltd. [9988]
China
71
28.33
2,009
4.2
Pernod Ricard SA [RI]
France
9
222.00
1,910
4.0
AIA Group Limited [1299]
Hong Kong
152
12.43
1,886
4.0
Experian PLC [EXPN]
United Kingdom
48
38.49
1,845
3.9
Tencent Holdings Ltd. [700]
China
24
75.20
1,820
3.8
Shin-Etsu Chemical Co Ltd [4063]
Japan
11
167.40
1,774
3.7
Roche Holding Ltd [ROG]
Switzerland
4
377.08
1,645
3.5
L'Oreal SA [OR]
France
4
445.66
1,630
3.4
Straumann Holding AG [STMN]
Switzerland
1
1,595.72
1,486
3.1
EssilorLuxottica SA [EL]
France
8
184.57
1,431
3.0
Amadeus IT Group SA Class A [AMS]
Spain
18
70.35
1,299
2.7
DAIKIN INDUSTRIES, LTD. [6367]
Japan
6
186.41
1,156
2.4
LVMH Moet Hennessy Louis Vuitton SE [MC]
France
1
784.24
1,132
2.4
FAST RETAILING CO., LTD. [9983]
Japan
2
753.49
1,130
2.4
Shimano Inc. [7309]
Japan
5
237.41
1,116
2.3
Keyence Corporation [6861]
Japan
2
505.18
1,061
2.2
Daifuku Co., Ltd. [6383]
Japan
12
90.91
1,045
2.2
Sony Group Corporation [6758]
Japan
11
97.44
1,033
2.2
SAP SE [SAP]
Germany
7
140.93
943
2.0
Unilever PLC [ULVR]
United Kingdom
16
58.44
937
2.0
MTU Aero Engines AG [MTX]
Germany
3
247.73
808
1.7
Hamamatsu Photonics K.K. [6965]
Japan
12
60.37
730
1.5
Dassault Systemes SA [DSY]
France
12
48.50
601
1.3
ASML Holding NV [ASML]
Netherlands
1
687.11
572
1.2
Kweichow Moutai Co., Ltd. Class A
China
2
318.33
553
1.2
Recruit Holdings Co., Ltd. [6098]
Japan
11
49.28
542
1.1
Adyen NV [ADYEN]
Netherlands
0
2,443.55
516
1.1
Hikari Tsushin, Inc. [9435]
Japan
2
175.78
387
0.8
Autohome, Inc. Sponsored ADR Class A [ATHM]
China
2
63.96
157
0.3
Kweichow Moutai Co., Ltd. Class A [600519]
China
0
318.30
32
0.1

Sector Allocations

As of 6/30/2021

Economic Sector
Focused International Fund %
MSCI All Country World Ex. US (ND) Index %
Information Technology
17.5
12.8
Consumer Discretionary
17.3
13.7
Health Care
15.3
9.2
Consumer Staples
14.9
8.5
Industrials
11.3
11.7
Communication Services
8.6
6.7
Financials
8.3
18.5
Materials
3.7
8.3
Energy
0.0
4.5
Real Estate
0.0
2.6
Utilities
0.0
2.9

Sector Returns

As of 6/30/2021

Economic Sector
Focused International Fund %
MSCI All Country World Ex. US (ND) Index %
Health Care
19.4
9.8
Consumer Staples
8.7
7.6
Industrials
6.2
4.5
Information Technology
5.1
7.0
Consumer Discretionary
1.1
4.8
Utilities
0.0
-0.4
[Unassigned]
0.0
3.6
Energy
0.0
8.4
Real Estate
0.0
2.5
Materials
-0.6
6.4
Financials
-2.3
4.3
Communication Services
-5.9
1.5

Country Allocation

As of 6/30/2021

Country
Focused International Fund %
MSCI All Country World Ex. US (ND) Index %
Japan
25.2
14.3
France
14.1
7.1
China
13.9
11.1
Hong Kong
8.4
2.0
Switzerland
6.6
6.1
United Kingdom
5.8
8.9
Taiwan
5.5
4.4
Denmark
4.5
1.6
India
4.3
3.1
Germany
3.7
5.8
Other
8.0
35.6

Additional Information about Harbor Funds