Harbor Global Leaders Fund Institutional Class (HGGAX)

Portfolio Characteristics (As of Quarter Ended 09/30/2017)

Harbor Global Leaders FundMSCI All Country World (ND) Index
Number of Holdings362,491
Weighted Avg. Market Cap ($Mil)112,493.33120,411.61
Median Market Cap ($Mil)50,337.0110,677.73
Price/Book Ratio6.872.90
Adj. Trailing P/E Ratio28.1219.52
Forecasted P/E Ratio23.2017.11
Earnings Growth Rate (%)17.408.08
Proj. Earnings Growth Rate (%)14.8712.84
Return on Equity (%)20.7913.44
Beta vs. Fund Benchmark0.95-

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

Top Ten Holdings (As of Quarter Ended 09/30/2017)

Company Name [Ticker]% of Net Assets
VISA Inc. [V]5.1
HDFC Bank Ltd. ADR [HDB]4.6
Alibaba Group Holding Ltd. ADR [BABA]4.3
TransDigm Group Inc. [TDG]4.2
Alimentation Couche-Tard Inc. [ATD.B]3.9
Safran SA [SAF]3.7
Taiwan Semiconductor Manufacturing Co. Ltd. ADR [TSM]3.6
American Tower Corp. [AMT]3.6
Starbucks Corp. [SBUX]3.5
Zoetis Inc. [ZTS]3.3
% of Total Holdings:39.8

Full Holdings (As of Quarter Ended 09/30/2017)

Company Name [Ticker]CountryShares (000's)Current Price ($)Market Value ($000's)% of Net Assets
VISA Inc. [V]US22105.242,2775.1
HDFC Bank Ltd. ADR [HDB]IN2196.372,0454.6
Alibaba Group Holding Ltd. ADR [BABA]CN11172.711,9174.3
TransDigm Group Inc. [TDG]US7255.651,8704.2
Alimentation Couche-Tard Inc. [ATD.B]CA3845.601,7333.9
Safran SA [SAF]FR16102.191,6383.7
Taiwan Semiconductor Manufacturing Co. Ltd. ADR [TSM]TW4237.551,5873.6
American Tower Corp. [AMT]US12136.681,5853.6
Starbucks Corp. [SBUX]US2953.711,5443.5
Zoetis Inc. [ZTS]US2363.761,4793.3
Dollar General Corp. [DG]US1881.051,4773.3
Intercontinental Exchange Inc. [ICE]US2168.701,4293.2
Keyence Corp. [6861]JP3531.871,4153.2
Alphabet Inc. Class A [GOOGL]US1973.721,3153.0
Tencent Holdings Ltd. [700]CN2943.721,2472.8
Fresenius Medical Care AG & Co. KGAA [FME]DE1397.771,2292.8
Priceline Group Inc. [PCLN]US11830.821,2102.7
Adobe Systems Inc. [ADBE]US8149.181,1992.7
Fomento Economico Mexicano SAB de CV ADR [FMX]MX1295.531,1272.5
Allergan plc [AGN]US5204.951,1152.5
Sands China Ltd. [1928]CN2055.231,0722.4
Bristol-Myers Squibb Co. [BMY]US1763.741,0692.4
Verisk Analytics Inc. [VRSK]US1383.191,0612.4
Essilor International SA [EI]FR8123.941,0292.3
Dassault Systemes SE [DSY]FR9101.179512.1
Moody's Corp. [MCO]US7139.219502.1
LVMH Moet Hennessy Louis Vuitton SE [MC]FR3276.449402.1
Industria de Diseno Textil SA [ITX]ES2437.708912.0
Nike Inc. [NKE]US1751.858631.9
Union Pacific Corp. [UNP]US7115.978191.8
Ross Stores Inc. [ROST]US1164.577151.6
Intuit Inc. [INTU]US5142.146471.5
Rightmove plc [RMV]GB1254.236301.4
Don Quijote Holdings Co. Ltd. [7532]JP1637.386021.4
Celgene Corp. [CELG]US4145.825831.3
O'reilly Automotive Inc. [ORLY]US2215.375261.2
Total43,78698.4
Cash and Other Assets Less Liabilities1.6
Total Net Assets100%

Sector Allocation (As of Quarter Ended 09/30/2017)

As of Quarter Ended 09/30/2017
Economic SectorHarbor Global Leaders Fund %MSCI All Country World (ND) Index %
Information Technology29.717.6
Consumer Discretionary22.211.9
Health Care14.611.2
Industrials12.110.8
Financials10.018.7
Consumer Staples6.48.8
Real Estate3.63.1
Energy0.06.4
Utilities0.03.1
Materials0.05.3
Telecommunication Services0.03.2

Sector Returns (As of Quarter Ended 09/30/2017)

As of Quarter Ended 09/30/2017
Sector ReturnsHarbor Global Leaders Fund %MSCI All Country World (ND) Index %
Information Technology12.29.0
Financials9.65.7
Industrials5.35.3
Real Estate3.83.6
Consumer Discretionary1.73.6
Health Care0.22.6
Cash0.10.0
Energy0.09.8
Materials0.09.2
Telecommunication Services0.03.9
Utilities0.03.4
Consumer Staples-4.0-0.1

Country Allocation (As of Quarter Ended 09/30/2017)

As of Quarter Ended 09/30/2017
CountryHarbor Global Leaders Fund %MSCI All Country World (ND) Index %
United States53.552.0
France10.33.6
China9.53.4
India4.61.0
Japan4.57.6
Canada3.93.2
Taiwan3.61.3
Germany2.83.2
Mexico2.50.4
Spain2.01.1
Other2.823.2

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 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.