Harbor Real Return Fund Institutional Class (HARRX)

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

Harbor Real Return FundBloomberg Barclays U.S. TIPS Index
Number of Issues12440
Average Market Coupon (%)1.620.83
Yield to Maturity (%)2.232.10
Weighted Avg. Maturity (yrs)88.14
Weighted Avg. Duration (yrs)7.587.62

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

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

Issuer NameMaturity DateCoupon Rate (%)Market Value ($000's)% of Net Assets
U.S. Treasury Inflation Indexed Bonds01/15/20252.426,97232.9
U.S. Treasury Inflation Indexed Bonds07/15/20250.411,31413.8
Federal National Mortgage Association TBA08/13/20494.09,09111.1
U.S. Treasury Inflation Indexed Bonds02/15/20441.47,8119.5
Federal National Mortgage Association TBA08/13/20493.56,1517.5
U.S. Treasury Inflation Indexed Bonds01/15/20270.46,1277.5
U.S. Treasury Inflation Indexed Bonds01/15/20260.64,5055.5
U.S. Treasury Inflation Indexed Bonds01/15/20272.43,7184.5
U.S. Treasury Inflation Indexed Bonds01/15/20292.52,7563.4
U.S. Treasury Inflation Indexed Bonds01/15/20290.92,0522.5
% of Total Holdings:80,49798.2

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

Issuer NameMaturity DateCoupon Rate (%)Market Value ($000's)% of Net Assets
U.S. Treasury Inflation Indexed Bonds01/15/20252.426,97232.9
U.S. Treasury Inflation Indexed Bonds07/15/20250.411,31413.8
Federal National Mortgage Association TBA08/13/20494.09,09111.1
U.S. Treasury Inflation Indexed Bonds02/15/20441.47,8119.5
Federal National Mortgage Association TBA08/13/20493.56,1517.5
U.S. Treasury Inflation Indexed Bonds01/15/20270.46,1277.5
U.S. Treasury Inflation Indexed Bonds01/15/20260.64,5055.5
U.S. Treasury Inflation Indexed Bonds01/15/20272.43,7184.5
U.S. Treasury Inflation Indexed Bonds01/15/20292.52,7563.4
U.S. Treasury Inflation Indexed Bonds01/15/20290.92,0522.5
Federal National Mortgage Association TBA09/12/20493.51,9412.4
U.K. Gilt Inflation Linked11/22/20271.21,7602.1
U.S. Treasury Inflation Indexed Bonds07/15/20210.61,6982.1
U.S. Treasury Inflation Indexed Bonds02/15/20470.91,6362.0
U.S. Treasury Inflation Indexed Bonds02/15/20420.81,5001.8
U.S. Treasury Inflation Indexed Bonds01/15/20262.01,2941.6
New Zealand Government Bond09/20/20252.01,2721.6
U.K. Gilt Inflation Linked11/22/20221.91,2631.5
U.S. Treasury Inflation Indexed Bonds01/15/20230.11,2261.5
France Government Bond OAT07/25/20202.21,2041.5
U.S. Treasury Inflation Indexed Bonds04/15/20210.11,1561.4
U.S. Treasury Inflation Indexed Bonds01/15/20280.51,0511.3
French Republic Government Bond Oat07/25/20232.18881.1
Lavender Trust10/26/20366.28631.1
U.K. Gilt Inflation Linked08/10/20280.18451.0
U.S. Treasury Inflation Indexed Bonds02/15/20412.17670.9
U.S. Treasury Inflation Indexed Bonds07/15/20270.47380.9
U.S. Treasury Inflation Indexed Bonds04/15/20293.96680.8
U.S. Treasury Inflation Indexed Bonds02/15/20450.86020.7
Unicredit SpA MTN12/04/20237.85720.7
U.S. Treasury Inflation Indexed Bonds04/15/20323.45510.7
Aircastle Ltd.03/15/20215.15190.6
Deutsche Bank AG/New York10/14/20214.25070.6
Goldman Sachs Group Inc.09/15/20203.65050.6
U.S. Treasury Inflation Indexed Bonds02/15/20481.04810.6
U.K. Gilt Inflation Linked03/22/20260.14580.6
Ford Motor Credit Co. LLC MTN05/14/20210.14500.5
Venture Xvi CLO Ltd.01/15/20283.43990.5
Government National Mortgage Association02/20/20492.83940.5
Japanese Government CPI Linked Bond03/10/20280.13920.5
Towd Point Mortgage Funding10/20/20511.93820.5
Australia Government Bond09/20/20253.03730.5
Petrobras Global Finance BV01/27/20255.33460.4
Australia Government Bond02/21/20221.23340.4
Sprint Corp.09/15/20217.23200.4
U.S. Treasury Inflation Indexed Bonds02/15/20402.13180.4
Long Beach Mortgage Loan Trust08/25/20353.13160.4
U.S. Treasury Notes02/15/20242.83130.4
Canadian Government Real Return Bond12/01/20264.23100.4
Aercap Ireland Capital Ltd.10/30/20204.63080.4
UBS AG06/08/20203.03020.4
Crown Point CLO Ltd.07/17/20283.52990.4
U.S. Treasury Inflation Indexed Bonds07/15/20280.82970.4
Octagon Investment Partners XXIII Ltd.07/15/20273.42590.3
Ticp CLO III-2 Ltd.04/20/20283.42490.3
Jmp Credit Advisors CLO Iiir Ltd.01/17/20283.42490.3
Long Beach Mortgage Loan Trust01/25/20362.72420.3
Venture Xii CLO Ltd.02/28/20263.32390.3
Citigroup Mortgage Loan Trust Inc.08/25/20353.22390.3
Fce Bank plc MTN06/24/20211.92330.3
Petrobras Global Finance BV01/17/20277.42290.3
Countrywide Asset-Backed Certificates11/25/20372.62130.3
Italy Buoni Poliennali del Tesoro09/15/20242.42060.3
U.S. Treasury Inflation Indexed Bonds07/15/20230.42020.2
Emera US Finance LP06/15/20212.72010.2
Toronto Dominion Bank03/15/20212.22010.2
Mountain View CLO X Ltd.10/13/20273.41990.2
Evans Grove CLO Ltd.05/28/20283.41990.2
Government National Mortgage Association08/20/20683.01970.2
Springcastle Funding Asset-Backed Notes05/27/20363.21960.2
Soundview Home Loan Trust05/25/20362.71960.2
U.S. Treasury Inflation Indexed Bonds01/15/20281.81700.2
Nextera Energy Capital Holdings Inc.09/03/20192.81600.2
France Government Bond Oat07/25/20271.91590.2
Navient Student Loan Trust03/25/20663.61410.2
Federal Home Loan Mortgage Corp. REMIC12/15/20373.01310.2
U.S. Treasury Inflation Indexed Bonds02/15/20430.61290.2
Mexican Bonos05/29/20317.81260.2
Citigroup Mortgage Loan Trust Inc.03/25/20374.61200.1
Credit-Based Asset Servicing & Securitization LLC07/25/20372.61130.1
AT&T Inc.02/15/20505.21100.1
MASTR Asset Backed Securities Trust06/25/20362.61030.1
Argentina Pom Politica Monetaria06/21/202068.51020.1
ING Bank NV MTN12/05/20222.61020.1
eBay Inc.01/30/20232.81010.1
AT&T Inc.06/01/20213.31010.1
Dominion Energy Gas Holdings LLC06/15/20213.01000.1
Loancore Ltd.05/09/20363.51000.1
BAT Capital Corp.08/14/20203.11000.1
Legacy Mortgage Asset Trust04/25/20593.81000.1
Enbridge Inc.01/10/20203.01000.1
Figueroa CLO Ltd.06/20/20273.21000.1
Sempra Energy03/15/20212.91000.1
Countrywide Asset-Backed Certificates03/25/20372.7960.1
Securitized Asset Backed Receivables LLC Trust07/25/20362.6890.1
Morgan Stanley Mortgage Loan Trust06/25/20364.5820.1
GSAMP Trust10/25/20344.1680.1
Peruvian Government International Bond02/12/20295.9660.1
U.S. Treasury Inflation Indexed Bonds07/15/20260.1640.1
Bank of America Corp.03/15/20285.9630.1
Volt Lxii LLC09/25/20473.1590.1
Morgan Stanley ABS Capital I Inc. Trust10/25/20362.5580.1
Saxon Asset Securities Trust06/25/20334.0570.1
U.S. Treasury Inflation Indexed Bonds02/15/20461.0570.1
Alliance Bancorp Trust07/25/20372.6560.1
Federal National Mortgage Association REMIC07/25/20372.8510.1
Saxon Asset Securities Trust09/25/20472.7500.1
Morgan Stanley Mortgage Loan Trust11/25/20365.9460.1
Countrywide Asset-Backed Certificates07/25/20372.5430.1
Bear Stearns Adjustable Rate Mortgage Trust02/25/20364.3310.0
Federal National Mortgage Association REMIC07/25/20372.8290.0
Soundview Home Loan Trust06/25/20372.6280.0
Home Equity Mortgage Loan Asset-Backed Trust04/25/20372.6240.0
Federal National Mortgage Association REMIC05/25/20362.8220.0
Fremont Home Loan Trust10/25/20362.5220.0
Residential Asset Securitization Trust01/25/20462.8210.0
Alternative Loan Trust 2007-4cb04/25/20376.0210.0
Bear Stearns Adjustable Rate Mortgage Trust07/25/20364.3170.0
Long Beach Mortgage Loan Trust08/25/20362.5150.0
Washington Mutual Mortgage Pass Through Certificates Trust09/25/20334.4120.0
Countrywide Home Loan Mortgage Pass Through Trust04/20/20354.3110.0
Argentina Bonar Bonds04/03/202252.0100.0
U.S. Treasury Inflation Indexed Bonds07/15/20240.190.0
First Horizon Alternative Mortgage Securities Trust02/25/20376.070.0
Total120,116146.4
Cash and Other Assets Less Liabilities-46.4
Total Net Assets100%

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

As of Quarter Ended 06/30/2019
Economic SectorHarbor Real Return Fund %
U.S. Government Obligations97.8
Mortgage Pass-through22.0
Foreign Government Obligations11.9
Corporate Bonds & Notes7.0
Asset-backed Securities5.6
Collateralized Mortgage Obligations2.3

Maturity Profile (As of Quarter Ended 06/30/2019)

As of Quarter Ended 06/30/2019
MaturityHarbor Real Return Fund %
0-1 yr12.1
1-3 yr-8.2
3-5 yr14.4
5-7 yr39.0
7-10 yr30.5
10-20 yr0.8
20-30 yr11.3
Over 30 yr0.1

Duration (As of Quarter Ended 06/30/2019)

As of Quarter Ended 06/30/2019
DurationHarbor Real Return Fund %
0-1 yr-0.4
1-3 yr2.5
3-5 yr-6.4
5-7 yr49.9
7-10 yr19.1
10-20 yr1.1
20-30 yr34.2
Over 30 yr0.0

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 Bloomberg Barclays U.S. TIPS Index is an unmanaged market index comprised of all U.S. Treasury Inflation Protected Securities rated investment grade (Baa3 or better), have at least one year to final maturity, and at least $250 million par amount outstanding. This unmanaged index does not reflect fees and expenses and is not available for direct investment.