Harbor Large Cap Value Fund Institutional Class (HAVLX)

Portfolio Characteristics (As of Quarter Ended 09/30/2019)

Harbor Large Cap Value FundRussell 1000® Value Index
Number of Holdings44766
Weighted Avg. Market Cap ($Mil)121,801.97121,122.79
Median Market Cap ($Mil)31,316.809,297.93
Price/Book Ratio3.362.28
Adj. Trailing P/E Ratio17.1015.82
Forecasted P/E Ratio15.8615.09
Earnings Growth Rate (%)15.866.82
Proj. Earnings Growth Rate (%)10.628.17
Return on Equity (%)17.1311.92
Turnover (unannualized % since 10/31)12-
Beta vs. Fund Benchmark1-

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

Top Ten Holdings (As of Quarter Ended 09/30/2019)

Company Name [Ticker]% of Net Assets
Adobe Inc. [ADBE]4.3
Microsoft Corp. [MSFT]4.3
Danaher Corp. [DHR]3.7
Bank of America Corp. [BAC]3.1
ANSYS Inc. [ANSS]3.1
PayPal Holdings Inc. [PYPL]3.1
Microchip Technology Inc. [MCHP]2.8
Martin Marietta Materials Inc. [MLM]2.8
Coca-Cola Co. [KO]2.8
Medtronic plc [MDT]2.8
% of Total Holdings:32.8

Full Holdings (As of Quarter Ended 09/30/2019)

Company Name [Ticker]CountryShares (000's)Current Price ($)Market Value ($000's)% of Net Assets
Adobe Inc. [ADBE]US195276.2553,8694.3
Microsoft Corp. [MSFT]US385139.0353,5274.3
Danaher Corp. [DHR]US319144.4346,0733.7
Bank of America Corp. [BAC]US1,33029.1738,7963.1
ANSYS Inc. [ANSS]US174221.3638,5173.1
PayPal Holdings Inc. [PYPL]US370103.5938,3283.1
Microchip Technology Inc. [MCHP]US38092.9135,3062.8
Martin Marietta Materials Inc. [MLM]US128274.1035,0852.8
Coca-Cola Co. [KO]US64054.4434,8422.8
Medtronic plc [MDT]IE319108.6234,6502.8
Ameriprise Financial Inc. [AMP]US225147.1033,0982.6
Sony Corp. ADR [SNE]JP55059.1332,5222.6
Amgen Inc. [AMGN]US167193.5132,3162.6
Home Depot Inc. [HD]US137232.0231,7872.5
Allegion plc [ALLE]IE305103.6531,6132.5
Tyson Foods Inc. [TSN]US36586.1431,4412.5
PPG Industries Inc. [PPG]US265118.5131,4052.5
Phillips 66 [PSX]US305102.4031,2322.5
Oshkosh Corp. [OSK]US40075.8030,3202.4
Johnson Controls International plc [JCI]US68543.8930,0652.4
Parker-Hannifin Corp. [PH]US164180.6129,6202.4
Twitter Inc. [TWTR]US70541.2029,0462.3
Lennar Corp. Class A [LEN]US51055.8528,4842.3
General Dynamics Corp. [GD]US150182.7327,4102.2
Unilever NV [UN]GB45060.0327,0142.2
Capital One Financial Corp. [COF]US29090.9826,3842.1
Chubb Ltd. [CB]CH163161.4426,3152.1
Novartis AG ADR [NVS]CH30086.9026,0702.1
JPMorgan Chase & Co. [JPM]US220117.6925,8922.1
Cabot Oil & Gas Corp. [COG]US1,36217.5723,9251.9
Alcon Inc. [ALC]CH40058.2923,3161.9
Sun Communities Inc. [SUI]US140148.4520,7831.7
East West Bancorp Inc. [EWBC]US45044.2919,9311.6
Walgreens Boots Alliance Inc. [WBA]US35555.3119,6351.6
Equity Lifestyle Properties Inc. [ELS]US145133.6019,3721.5
Banco Bilbao Vizcaya Argentaria SA ADR [BBVA]ES3,6005.2018,7201.5
Pioneer Natural Resources Co. [PXD]US145125.7718,2371.5
Cullen/Frost Bankers Inc. [CFR]US19088.5516,8251.3
Commerce Bancshares Inc. [CBSH]US27660.6516,7391.3
BOK Financial Corp. [BOKF]US20579.1516,2261.3
Mitsubishi UFJ Financial Group Inc. ADR [MUFG]JP2,9005.0814,7321.2
Halliburton Co. [HAL]US72018.8513,5721.1
Acadia Healthcare Co. Inc. [ACHC]US4931.081,5120.1
Lennar Corp. Class B [LEN/B]US744.373160.0
Total1,214,86897.2
Cash and Other Assets Less Liabilities2.8
Total Net Assets100%

Sector Allocation (As of Quarter Ended 09/30/2019)

As of Quarter Ended 09/30/2019
Economic SectorHarbor Large Cap Value Fund %Russell 1000® Value Index %
Financials20.223.6
Information Technology17.56.0
Health Care13.112.4
Industrials11.99.4
Consumer Staples9.09.2
Consumer Discretionary7.46.1
Energy6.98.4
Materials5.34.3
Real Estate3.25.5
Communication Services2.38.2
Utilities0.07.0

Sector Returns (As of Quarter Ended 09/30/2019)

As of Quarter Ended 09/30/2019
Sector ReturnsHarbor Large Cap Value Fund %Russell 1000® Value Index %
Communication Services18.13.7
Real Estate13.58.0
Consumer Discretionary13.43.3
Materials10.5-2.2
Consumer Staples4.65.9
Financials2.02.2
Cash0.50.0
Health Care0.4-3.1
Information Technology0.13.0
Industrials-0.4-1.9
Energy-4.6-6.7
Utilities-8.68.2

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 Frank Russell Company.