Harbor Small Cap Growth Fund Institutional Class (HASGX)

Portfolio Characteristics (As of Quarter Ended 06/30/2019)

Harbor Small Cap Growth FundRussell 2000® Growth Index
Number of Holdings721,228
Weighted Avg. Market Cap ($Mil)5,251.732,916.60
Median Market Cap ($Mil)4,181.92891.95
Price/Book Ratio4.224.30
Adj. Trailing P/E Ratio25.2819.75
Forecasted P/E Ratio21.2121.54
Earnings Growth Rate (%)21.5616.55
Proj. Earnings Growth Rate (%)17.2516.64
Return on Equity (%)9.6512.24
Turnover (unannualized % since 10/31)47-
Beta vs. Fund Benchmark0.93-

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

Top Ten Holdings (As of Quarter Ended 06/30/2019)

Company Name [Ticker]% of Net Assets
Heico Corp. [HEI.A]2.8
Icon plc [ICLR]2.6
BIO-RAD Laboratories Inc. [BIO]2.4
Topbuild Corp. [BLD]2.4
Teledyne Technologies Inc. [TDY]2.2
Integra LifeSciences Holdings Corp. [IART]2.0
Ascendis Pharma A/S ADR [ASND]1.9
Kemper Corp. [KMPR]1.9
Berry Global Group Inc. [BERY]1.9
Haemonetics Corp. [HAE]1.8
% of Total Holdings:21.9

Full Holdings (As of Quarter Ended 06/30/2019)

Company Name [Ticker]CountryShares (000's)Current Price ($)Market Value ($000's)% of Net Assets
Heico Corp. [HEI.A]US191103.3719,7412.8
Icon plc [ICLR]IE121153.9718,6852.6
BIO-RAD Laboratories Inc. [BIO]US56312.5917,4582.4
Topbuild Corp. [BLD]US20682.7617,0762.4
Teledyne Technologies Inc. [TDY]US59273.8716,0762.2
Integra LifeSciences Holdings Corp. [IART]US25955.8514,4572.0
Ascendis Pharma A/S ADR [ASND]DK121115.1513,9561.9
Kemper Corp. [KMPR]US15986.2913,7351.9
Berry Global Group Inc. [BERY]US25852.5913,5801.9
Haemonetics Corp. [HAE]US109120.3413,1571.8
Medicines Co. [MDCO]US36036.4713,1301.8
Trex Co. Inc. [TREX]US18271.7013,0151.8
Blueprint Medicines Corp. [BPMC]US13794.3312,8951.8
Proofpoint Inc. [PFPT]US103120.2512,3481.7
Fair Isaac Corp. [FICO]US39314.0212,1101.7
Spirit Realty Capital Inc. [SRC]US28242.6612,0281.7
Ingevity Corp. [NGVT]US113105.1711,9151.7
Lincoln Electric Holdings Inc. [LECO]US14482.3211,8271.7
Interxion Holding NV [INXN]NL15376.0911,6781.6
Cyrusone Inc. [CONE]US20157.7211,6141.6
Wex Inc. [WEX]US55208.1011,4251.6
Eldorado Resorts Inc. [ERI]US24446.0711,2381.6
Masimo Corp. [MASI]US75148.8211,2081.6
Madison Square Garden Co. [MSG]US39279.9411,0541.5
Nice Ltd. ADR [NICE]IL80137.0010,9901.5
Rush Enterprises Inc. [RUSHA]US29936.5210,9331.5
Five Below Inc. [FIVE]US91120.0210,9001.5
Strategic Education Inc. [STRA]US61178.0010,8701.5
Avnet Inc. [AVT]US23245.2710,5151.5
Ironwood Pharmaceuticals Inc. [IRWD]US94410.9410,3311.4
Msa Safety Inc. [MSA]US98105.3910,2781.4
WPX Energy Inc. [WPX]US88811.5110,2241.4
Bright Horizons Family Solutions Inc. [BFAM]US68150.8710,1931.4
LPL Financial Holdings Inc. [LPLA]US12581.5710,1701.4
Summit Materials Inc. [SUM]US51819.259,9721.4
Flowserve Corp. [FLS]US18652.699,8041.4
Viavi Solutions Inc. [VIAV]US71813.299,5471.3
WNS Holdings Ltd. ADR [WNS]JE16059.209,4981.3
Catalent Inc. [CTLT]US17254.219,3491.3
Nuance Communications Inc. [NUAN]US56515.979,0211.3
Woodward Inc. [WWD]US78113.168,7731.2
Essent Group Ltd. [ESNT]BM18646.998,7431.2
Wolverine World Wide Inc. [WWW]US31527.548,6721.2
8x8 Inc. [EGHT]US35924.108,6561.2
Rogers Corp. [ROG]US50172.588,5721.2
Timken Co. [TKR]US16651.348,5461.2
Acacia Communications Inc. [ACIA]US18047.168,5071.2
Tableau Software Inc. [DATA]US51166.028,4181.2
PBF Energy Inc. [PBF]US26731.308,3601.2
Ryder System Inc. [R]US14258.308,3021.2
First Hawaiian Inc. [FHB]US32125.878,2931.2
Hamilton Lane Inc. [HLNE]US14457.068,1981.1
Acceleron Pharma Inc. [XLRN]US19641.088,0551.1
Cabot Microelectronics Corp. [CCMP]US68110.087,4881.0
American Eagle Outfitters Inc. [AEO]US43916.907,4181.0
Firstcash Inc. [FCFS]US72100.027,2001.0
Intersect ENT Inc. [XENT]US30922.767,0371.0
Teladoc Health Inc. [TDOC]US10566.416,9771.0
Fate Therapeutics Inc. [FATE]US32820.306,6620.9
Momenta Pharmaceuticals Inc. [MNTA]US49312.456,1420.9
Wright Medical Group NV [WMGI]NL19629.825,8590.8
Nexstar Media Group Inc. [NXST]US57101.005,7210.8
Fibrogen Inc. [FGEN]US12445.185,5920.8
Bank of NT Butterfield & Son Ltd. [NTB]BM16433.965,5690.8
Paylocity Holding Corp. [PCTY]US5893.825,4630.8
MicroStrategy Inc. [MSTR]US35143.315,0000.7
Smartsheet Inc. [SMAR]US8648.404,1810.6
Orchard Therapeutics plc ADR [ORTX]GB29913.994,1760.6
Correvio Pharma Corp. [CORV]CA1,8252.163,9420.6
Apellis Pharmaceuticals Inc. [APLS]US14925.343,7740.5
Matson Inc. [MATX]US9538.853,6760.5
Grocery Outlet Holding Corp. [GO]US2732.888960.1
Total700,86997.6
Cash and Other Assets Less Liabilities2.4
Total Net Assets100%

Sector Allocation (As of Quarter Ended 06/30/2019)

As of Quarter Ended 06/30/2019
Economic SectorHarbor Small Cap Growth Fund %Russell 2000® Growth Index %
Health Care27.126.4
Information Technology21.418.5
Industrials16.918.5
Consumer Discretionary10.714.6
Financials8.67.1
Materials5.03.4
Real Estate3.33.2
Energy2.61.7
Communication Services2.33.1
Consumer Staples0.02.9
Utilities0.00.5

Sector Returns (As of Quarter Ended 06/30/2019)

As of Quarter Ended 06/30/2019
Sector ReturnsHarbor Small Cap Growth Fund %Russell 2000® Growth Index %
Consumer Staples15.30.8
Real Estate10.3-0.2
Information Technology10.13.6
Financials7.54.7
Industrials7.19.3
Consumer Discretionary4.11.7
Materials4.00.9
Health Care2.90.5
Cash0.60.0
Utilities0.04.3
Communication Services-5.2-4.5
Energy-6.3-9.0

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 Russell 2000® Growth Index is an unmanaged index representing the smallest 2000 stocks with the highest price-to-book ratio and future earnings. This unmanaged index does not reflect fees and expenses and is not available for direct investment. The Russell 2000® Growth Index and Russell® are trademarks of Frank Russell Company.