Harbor Global Leaders Fund Institutional Class (HGGAX)

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

Harbor Global Leaders FundMSCI All Country World (ND) Index
Number of Holdings362,849
Weighted Avg. Market Cap ($Mil)121,908.06158,321.37
Median Market Cap ($Mil)55,680.279,884.07
Price/Book Ratio6.223.23
Adj. Trailing P/E Ratio31.0118.69
Forecasted P/E Ratio25.6616.74
Earnings Growth Rate (%)18.7512.21
Proj. Earnings Growth Rate (%)13.7310.59
Return on Equity (%)22.0315.50
Turnover (unannualized % since 10/31)37-
Beta vs. Fund Benchmark1-

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
VISA Inc. [V]5.2
Safran SA [SAF]4.4
TransDigm Group Inc. [TDG]4.3
Alimentation Couche-Tard Inc. [ATD.B]4.3
Recruit Holdings Co. Ltd. [6098]4.3
HDFC Bank Ltd. ADR [HDB]4.1
Adobe Inc. [ADBE]3.9
Zoetis Inc. [ZTS]3.9
AIA Group Ltd. [1299]3.7
Texas Instruments Inc. [TXN]3.6
% of Total Holdings:41.7

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

Company Name [Ticker]CountryShares (000's)Current Price ($)Market Value ($000's)% of Net Assets
VISA Inc. [V]US27173.554,6305.2
Safran SA [SAF]FR27146.293,9744.4
TransDigm Group Inc. [TDG]US8483.803,8744.3
Alimentation Couche-Tard Inc. [ATD.B]CA6162.933,8424.3
Recruit Holdings Co. Ltd. [6098]JP11533.483,8354.3
HDFC Bank Ltd. ADR [HDB]IN29130.043,7254.1
Adobe Inc. [ADBE]US12294.653,5063.9
Zoetis Inc. [ZTS]US31113.493,4953.9
AIA Group Ltd. [1299]HK30610.803,3043.7
Texas Instruments Inc. [TXN]US28114.763,2113.6
Keyence Corp. [6861]JP5616.723,1023.5
Salesforce.com Inc. [CRM]US19151.732,8943.2
Intuit Inc. [INTU]US11261.332,8403.2
Alibaba Group Holding Ltd. ADR [BABA]CN15169.452,6212.9
Dollar General Corp. [DG]US19135.162,5442.8
Temenos Group AG [TEMN]CH14179.052,4862.8
Verisk Analytics Inc. [VRSK]US16146.462,3822.6
Intercontinental Exchange Inc. [ICE]US2885.942,3672.6
Microsoft Corp. [MSFT]US17133.962,2232.5
Aptiv plc [APTV]US2780.832,1802.4
Equinix Inc. [EQIX]US4504.291,9772.2
UnitedHealth Group Inc. [UNH]US8244.011,9092.1
Roper Technologies Inc. [ROP]US5366.261,8202.0
Boston Scientific Corp. [BSX]US4242.981,8192.0
Industria de Diseno Textil SA [ITX]ES5830.091,7501.9
Taiwan Semiconductor Manufacturing Co. Ltd. ADR [TSM]TW4339.171,6731.9
Ross Stores Inc. [ROST]US1799.121,6711.9
EssilorLuxottica SA [EL]FR12130.321,5991.8
Dassault Systemes SE [DSY]FR10159.511,5891.8
Lonza Group AG [LO3]CH4337.591,3381.5
Union Pacific Corp. [UNP]US8169.111,3141.5
Live Nation Entertainment Inc. [LYV]US2066.251,2971.4
CSL Ltd. [CSL]AU8151.421,2841.4
Moody's Corp. [MCO]US6195.311,2171.4
Pan Pacific International Holdings Corp. [7532]JP1963.581,1921.3
Rightmove plc [RMV]GB1726.801,1731.3
Total87,65797.6
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 Global Leaders Fund %MSCI All Country World (ND) Index %
Information Technology31.316.0
Industrials19.110.5
Consumer Discretionary15.110.8
Financials11.816.9
Health Care11.011.4
Consumer Staples4.38.3
Communication Services2.78.7
Real Estate2.23.2
Materials0.04.9
Energy0.05.9
Utilities0.03.3

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

As of Quarter Ended 06/30/2019
Sector ReturnsHarbor Global Leaders Fund %MSCI All Country World (ND) Index %
Financials12.05.8
Real Estate11.70.4
Health Care9.01.3
Industrials9.04.5
Consumer Staples7.02.8
Information Technology5.75.2
Consumer Discretionary4.84.4
Cash0.20.0
Energy0.0-1.1
Materials0.03.7
Utilities0.02.5
Communication Services-3.03.3

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

As of Quarter Ended 06/30/2019
CountryHarbor Global Leaders Fund %MSCI All Country World (ND) Index %
United States54.755.3
Japan9.07.1
France8.03.4
Canada4.33.1
Switzerland4.32.8
India4.11.1
Hong Kong3.71.2
China2.93.7
Spain1.90.9
Taiwan1.91.3
Other5.220.1

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 MSCI AC (All Country) World (ND) Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. This unmanaged index does not reflect fees and expenses and is not available for direct investment.