Harbor Mid Cap Growth Fund Institutional Class (HAMGX)

Portfolio Characteristics (As of Quarter Ended 03/31/2019)

Harbor Mid Cap Growth FundRussell Midcap® Growth Index
Number of Holdings60417
Weighted Avg. Market Cap ($Mil)16,193.7917,437.32
Median Market Cap ($Mil)10,671.818,681.68
Price/Book Ratio10.497.49
Adj. Trailing P/E Ratio42.4925.05
Forecasted P/E Ratio43.8622.25
Earnings Growth Rate (%)23.8617.68
Proj. Earnings Growth Rate (%)25.6516.41
Return on Equity (%)7.9722.70
Turnover (unannualized % since 10/31)55-
Beta vs. Fund Benchmark1.20-

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

Top Ten Holdings (As of Quarter Ended 03/31/2019)

Company Name [Ticker]% of Net Assets
Align Technology Inc. [ALGN]3.8
Workday Inc. [WDAY]3.6
Exact Sciences Corp. [EXAS]3.6
Servicenow Inc. [NOW]3.6
Guidewire Software Inc. [GWRE]3.2
CoStar Group Inc. [CSGP]3.1
Spotify Technology SA [SPOT]2.8
Monster Beverage Corp. [MNST]2.7
Advanced Micro Devices Inc. [AMD]2.7
Haemonetics Corp. [HAE]2.6
% of Total Holdings:31.7

Full Holdings (As of Quarter Ended 03/31/2019)

Company Name [Ticker]CountryShares (000's)Current Price ($)Market Value ($000's)% of Net Assets
Align Technology Inc. [ALGN]US32284.339,0263.8
Workday Inc. [WDAY]US45192.858,5993.6
Exact Sciences Corp. [EXAS]US9886.628,5023.6
Servicenow Inc. [NOW]US34246.498,4623.6
Guidewire Software Inc. [GWRE]US8097.167,7313.2
CoStar Group Inc. [CSGP]US16466.427,3963.1
Spotify Technology SA [SPOT]SE47138.806,5542.8
Monster Beverage Corp. [MNST]US11954.586,4932.7
Advanced Micro Devices Inc. [AMD]US24725.526,3152.7
Haemonetics Corp. [HAE]US7087.486,1612.6
Chipotle Mexican Grill Inc. [CMG]US8710.316,0142.5
Splunk Inc. [SPLK]US44124.605,5202.3
Harris Corp. [HRS]US34159.715,4582.3
Zebra Technologies Corp. [ZBRA]US26209.535,3482.2
Insulet Corp. [PODD]US5295.094,9332.1
Edwards Lifesciences Corp. [EW]US25191.334,7792.0
Floor & Decor Holdings Inc. [FND]US10641.224,3751.8
Lamb Weston Holdings Inc. [LW]US5774.944,2691.8
Vail Resorts Inc. [MTN]US19217.304,1881.8
Pivotal Software Inc. [PVTL]US19720.854,1021.7
Norwegian Cruise Line Holdings Ltd. [NCLH]BM7354.963,9981.7
Penumbra Inc. [PEN]US27147.013,9621.7
Ionis Pharmaceuticals Inc. [IONS]US4981.173,9571.7
2u Inc. [TWOU]US5570.853,8721.6
Grand Canyon Education Inc. [LOPE]US33114.513,8301.6
Fair Isaac Corp. [FICO]US14271.633,8121.6
Brink's Co. [BCO]US5075.413,7411.6
Planet Fitness Inc. [PLNT]US5368.723,6681.5
Zendesk Inc. [ZEN]US4385.003,6341.5
Wayfair Inc. [W]US24148.453,5581.5
Godaddy Inc. [GDDY]US4575.193,4061.4
Marriott Vacations Worldwide Corp. [VAC]US3693.503,3311.4
IDEX Corp. [IEX]US22151.743,2771.4
Veeva Systems Inc. [VEEV]US25126.863,1521.3
Shopify Inc. Class A [SHOP]CA15206.623,1051.3
Roper Technologies Inc. [ROP]US9341.973,0741.3
Square Inc. [SQ]US3974.922,9101.2
Sage Therapeutics Inc. [SAGE]US18159.052,8511.2
Lennar Corp. Class A [LEN]US5649.092,7271.1
TD Ameritrade Holding Corp. [AMTD]US5249.992,6161.1
Zillow Group Inc. Class C [Z]US7334.742,5211.1
Tandem Diabetes Care Inc. [TNDM]US3963.502,4711.0
Under Armour Inc. Class C [UA]US13018.872,4531.0
Polaris Industries Inc. [PII]US2884.432,3841.0
Galapagos NV [GLPG]BE20116.552,3811.0
TripAdvisor Inc. [TRIP]US4551.452,3331.0
DexCom Inc. [DXCM]US18119.102,1730.9
Universal Display Corp. [OLED]US14152.852,1420.9
Electronic Arts Inc. [EA]US20101.632,0730.9
Hilton Grand Vacations Inc. [HGV]US6730.852,0700.9
Burlington Stores Inc. [BURL]US13156.682,0530.9
WPX Energy Inc. [WPX]US15113.111,9800.8
Take-Two Interactive Software Inc. [TTWO]US1894.371,6990.7
Seattle Genetics Inc. [SGEN]US2273.241,6320.7
Caredx Inc. [CDNA]US3531.521,0950.5
Diamondback Energy Inc. [FANG]US9101.539560.4
Bluebird Bio Inc. [BLUE]US4157.336640.3
Under Armour Inc. Class A [UAA]US3021.146430.3
Galapagos NV ADR [GLPG]BE3117.783290.1
Elanco Animal Health Inc. [ELAN]US532.071450.1
Total226,90395.4
Cash and Other Assets Less Liabilities4.6
Total Net Assets100%

Sector Allocation (As of Quarter Ended 03/31/2019)

As of Quarter Ended 03/31/2019
Economic SectorHarbor Mid Cap Growth Fund %Russell Midcap® Growth Index %
Information Technology29.033.2
Health Care24.414.4
Consumer Discretionary19.016.1
Industrials9.615.7
Communication Services6.43.8
Consumer Staples4.53.0
Energy1.21.5
Financials1.16.4
Real Estate0.02.3
Materials0.03.5

Sector Returns (As of Quarter Ended 03/31/2019)

As of Quarter Ended 03/31/2019
Sector ReturnsHarbor Mid Cap Growth Fund %Russell Midcap® Growth Index %
Consumer Discretionary34.717.5
Information Technology30.624.9
Health Care26.818.2
Industrials26.418.9
Energy13.518.7
Communication Services9.210.0
Consumer Staples7.27.4
Materials6.617.9
Financials2.617.2
Cash0.60.0
Real Estate0.019.7

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 Midcap® Growth Index is an unmanaged index generally representative of the U.S. market for medium capitalization growth stocks. This unmanaged index does not reflect fees and expenses and is not available for direct investment. The Russell Midcap® Growth Index and Russell® are trademarks of Frank Russell Company.