Harbor High-Yield Opportunities Fund Institutional Class (HHYNX)

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

Harbor High-Yield Opportunities FundICE BofAML US High Yield Index (H0A0)
Number of Bonds2431,800
Average Market Coupon (%)6.316.36
Yield to Maturity (%)6.316.74
Weighted Avg. Maturity (yrs)5.855.78
Weighted Avg. Duration (yrs)3.353.70

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

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

Issuer NameMaturity DateCoupon Rate (%)Market Value ($000's)% of Net Assets
Sirius XM Radio Inc.07/15/20246.08061.1
Goeasy Ltd.11/01/20227.97891.1
Vistra Operations Co. LLC02/15/20275.67821.0
Block Communications Inc.02/15/20256.97811.0
Sprint Corp.06/15/20247.17381.0
Encompass Health Group11/01/20245.87111.0
Talen Energy Supply LLC07/15/20229.57020.9
CCO Holdings LLC05/01/20265.56990.9
CSC Holdings LLC04/15/20275.56910.9
Level 3 Financing Inc.01/15/20245.46890.9
% of Total Holdings:7,3889.8

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

Issuer NameMaturity DateCoupon Rate (%)Market Value ($000's)% of Net Assets
Sirius XM Radio Inc.07/15/20246.08061.1
Goeasy Ltd.11/01/20227.97891.1
Vistra Operations Co. LLC02/15/20275.67821.0
Block Communications Inc.02/15/20256.97811.0
Sprint Corp.06/15/20247.17381.0
Encompass Health Group11/01/20245.87111.0
Talen Energy Supply LLC07/15/20229.57020.9
CCO Holdings LLC05/01/20265.56990.9
CSC Holdings LLC04/15/20275.56910.9
Level 3 Financing Inc.01/15/20245.46890.9
Bausch Health Cos. Inc.08/15/20275.86170.8
Centene Corp.01/15/20254.86140.8
Bombardier Inc.10/15/20226.06080.8
Sunoco LP / Sunoco Finance Corp.04/15/20276.06030.8
Navient Corp. MTN03/25/20246.16020.8
j2 Cloud Services LLC07/15/20256.05730.8
Credit Acceptance Corp.03/15/20266.65600.7
Infor Software Parent LLC05/01/20217.15530.7
Hughes Satellite Systems Corp.08/01/20265.25480.7
Solera LLC03/01/202410.55440.7
Silversea Cruise Finance Ltd.02/01/20257.25430.7
Sabre Glbl Inc.04/15/20235.45390.7
HCA Inc.06/15/20265.25370.7
Murphy Oil Corp.08/15/20246.95300.7
HCA Inc.09/01/20265.45280.7
Open Text Corp.06/01/20265.95240.7
BBA US Holdings Inc.05/01/20265.45160.7
United Rentals North America Inc.11/15/20245.85160.7
Oxford Finance LLC12/15/20226.45150.7
Park Aerospace Holdings Ltd.08/15/20225.25140.7
Tempur Sealy International Inc.10/15/20235.65100.7
Virgin Media Secured Finance plc08/15/20265.55100.7
Springleaf Finance Corp.03/15/20267.15100.7
UPCB Finance IV Ltd.01/15/20255.45090.7
Cott Holdings Inc.04/01/20255.55060.7
AMC Networks Inc.04/01/20245.05040.7
NetFlix Inc.11/15/20285.95030.7
Ingram Micro Inc.12/15/20245.54960.7
Freeport-McMoRan Inc.11/14/20244.54910.7
Transocean Inc.07/15/20239.04790.6
Salem Media Group Inc.06/01/20246.84780.6
Kronos Acquisition Holdings Inc.08/15/20239.04740.6
Match Group Inc.02/15/20295.64570.6
Ardagh Packaging Finance plc05/15/20247.24490.6
Vector Group Ltd.02/01/20256.14460.6
Dae Funding LLC08/01/20245.04310.6
Sprint Corp.09/15/20237.94210.6
Lamar Media Corp.02/01/20265.84200.6
CCO Holdings LLC04/01/20245.94190.6
Reynolds Group Issuer Inc.07/15/20235.14070.5
Lpl Holdings Inc.09/15/20255.84060.5
Travelport Corporate Finance plc03/15/20266.04060.5
Sinclair Television Group Inc.08/01/20245.64050.5
Plantronics Inc.05/31/20235.54020.5
Select Medical Corp.06/01/20216.44020.5
Rose Rock Midstream LP07/15/20225.63980.5
New Red Finance Inc.10/15/20255.03960.5
EMC Corp.06/01/20233.43890.5
NRG Energy Inc.05/15/20267.23860.5
Hertz Corp.06/01/20227.63850.5
Kga Escrow LLC08/15/20237.53820.5
Hertz Corp.10/15/20205.93750.5
International Game Technology plc02/15/20256.53660.5
T-Mobile USA Inc.03/01/20256.43650.5
Frontier Communications Corp.09/15/202511.03650.5
Murphy Oil USA Inc.05/01/20275.63640.5
Hlf Financing Sarl LLC / Herbalife International Inc.08/15/20267.23610.5
Crestwood Midstream Partners LP04/01/20236.23610.5
Murphy Oil USA Inc.08/15/20236.03600.5
Icahn Enterprises Finance Corp.02/01/20226.23600.5
Clear Channel Worldwide Holdings Inc.11/15/20226.53590.5
First Data Corp.01/15/20245.03590.5
Videotron Ltd.04/15/20275.13580.5
Bausch Health Cos. Inc.04/01/20269.23560.5
Nexstar Escrow Corp.08/01/20245.63560.5
Cemex SAB de CV04/16/20267.83540.5
Bausch Health Cos. Inc.03/01/20235.53530.5
Fortress Transportation & Infrastructure Investors LLC10/01/20256.53470.5
Intelsat Jackson Holdings SA10/15/20248.53420.5
Advanced Micro Devices Inc.07/01/20247.03410.5
Rackspace Hosting Inc.11/15/20248.63350.4
CF Industries Inc.03/15/20345.23340.4
Newfield Exploration Co.01/01/20265.43250.4
Qwest Corp.09/15/20336.93240.4
Altice France SA05/01/20267.43190.4
EIG Investors Corp.02/01/202410.93170.4
Ally Financial Inc.09/30/20245.13160.4
Equinix Inc.05/15/20275.43150.4
DCP Midstream Operating LP07/15/20255.43140.4
Acrisure LLC / Acrisure Finance Inc.02/15/20248.13110.4
Horizon Pharma Inc.05/01/20236.63100.4
Ashtead Capital Inc.08/01/20265.23080.4
Fly Leasing Ltd.10/15/20216.43050.4
SBA Communications Corp.09/01/20244.93040.4
Telecom Italia SpA05/30/20245.33030.4
Melco Resorts Finance Ltd.06/06/20254.92980.4
Aston Martin Capital Holdings Ltd.04/15/20226.52980.4
Teck Resources Ltd.07/15/20416.22950.4
Post Holdings Inc.08/15/20265.02930.4
Cheniere Corpus Christi Holdings LLC06/30/20275.12890.4
MGM Resorts International06/15/20255.82860.4
Nielsen Finance LLC.04/15/20225.02740.4
Wynn Las Vegas LLC03/01/20255.52720.4
Community Health Systems Inc.08/01/20215.12720.4
Xerox Corp.03/15/20234.12690.4
RegionalCare Hospital Partners Holdings Inc.05/01/20238.22660.4
Diamond 1 Finance Corp.06/15/20247.12650.4
Wellcare Health Plans Inc.08/15/20265.42620.4
Avantor Inc.10/01/20246.02600.3
TEGNA Inc.10/15/20236.42590.3
Pultegroup Inc.03/01/20265.52590.3
Scientific Games International Inc.12/01/202210.02590.3
Newmark Group Inc.11/15/20236.12580.3
First Data Corp.01/15/20245.82580.3
Standard Industries Inc.11/15/20245.42570.3
Arconic Inc.10/01/20245.12570.3
Cheniere Energy Partners LP10/01/20255.22570.3
Realogy Group LLC04/01/20279.42570.3
Altice Financing SA02/15/20236.62560.3
Archrock Partners LP / Archrock Partners Finance Corp.04/01/20276.92560.3
USA Compression Partners LP / USA Compression Finance Corp.09/01/20276.92550.3
MPT Operating Partnership LP10/15/20275.02550.3
Viking Cruises Ltd.05/15/20256.22550.3
DISH DBS Corp.11/15/20245.92530.3
Jefferies Finance LLC / Jfin Co.-Issuer Corp.04/15/20226.92530.3
XPO Logistics Inc.09/01/20236.12530.3
INEOS Group Holdings SA08/01/20245.62510.3
Archrock Partners LP04/01/20216.02500.3
Aramark Services Inc.02/01/20285.02500.3
Bway Holding Co.04/15/20245.52490.3
Transdigm Inc.06/15/20266.42480.3
DaVita Inc.07/15/20245.12480.3
Hilcorp Finance Co.12/01/20245.02440.3
Viking Cruises Ltd.09/15/20275.92440.3
GE Capital International Funding Co. Unlimited Co.11/15/20253.42430.3
McLaren Finance plc08/01/20225.82380.3
Targa Resources Partners Finance Corp.03/15/20246.82370.3
Commscope Finance LLC03/01/20266.02330.3
Frontier Communications Corp.04/01/20268.52330.3
Prime Security Services Borrower LLC / Prime Finance Inc.05/15/20239.22330.3
Citgo Holding Inc.02/15/202010.82310.3
Scientific Games International Inc.03/15/20268.22300.3
Mallinckrodt International Finance SA10/15/20235.62300.3
MGM Resorts International04/15/20275.52290.3
Tenet Healthcare Corp.08/01/20257.02290.3
Churchill Downs Inc.04/01/20275.52280.3
Altice Luxembourg SA05/15/20227.82260.3
Gulfport Energy Corp.01/15/20266.42230.3
Laureate Education Inc.05/01/20258.22180.3
Ascent Resources Utica Holdings LLC / Aru Finance Corp.11/01/20267.02170.3
Crownrock Finance Inc.10/15/20255.62170.3
Alcoa Nederland Holding BV09/30/20246.82130.3
HCA Inc.02/01/20255.42130.3
Centurylink Inc.04/01/20247.52120.3
CIT Group Inc.08/01/20235.02100.3
Ball Corp.07/01/20255.22100.3
Sable International Finance Ltd.08/01/20226.92090.3
Everi Payments Inc.12/15/20257.52080.3
Taylor Morrison Communities Inc.05/15/20226.62080.3
C&W Senior Financing Designated Activity Company10/15/20267.52070.3
CSC Holdings LLC05/15/20265.52060.3
Energizer Holdings Inc.07/15/20266.42060.3
Prestige Brands Inc.03/01/20246.42050.3
Refinitiv US Holdings Inc.05/15/20266.22030.3
Icahn Enterprises Finance Corp.02/01/20225.92030.3
Seagate HDD Cayman06/01/20234.82020.3
Kfc Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC06/01/20265.22020.3
Hanesbrands Inc.05/15/20244.62020.3
C&w Senior Financing Dac09/15/20276.92020.3
Tenet Healthcare Corp.07/15/20244.62010.3
Clearway Energy Operating LLC08/15/20245.42010.3
Calpine Corp.06/01/20265.22000.3
California Resources Corp.12/15/20228.01970.3
Intesa Sanpaolo SpA MTN06/26/20245.01930.3
Enlink Midstream Partners LP06/01/20254.21930.3
Sprint Capital Corp.11/15/20286.91930.3
Energy Transfer Operating LP01/15/20245.91920.3
Cablevision Systems Corp.09/15/20225.91830.2
T-Mobile USA Inc.04/15/20275.41820.2
Tenet Healthcare Corp.06/15/20236.81810.2
Ss&c Technologies Inc.09/30/20275.51770.2
Dish DBS Corp.07/01/20267.81750.2
Berry Petroleum Co. LLC02/15/20267.01740.2
Community Health Systems Inc.11/15/20198.01730.2
Endo Finance LLC10/15/20245.91730.2
Midas Intermediate Holdco II LLC / Midas Intermediate Holdco II Finance Inc.10/01/20227.91660.2
Oceaneering International Inc.11/15/20244.71620.2
Targa Resources Partners LP / Targa Resources Partners Finance Corp.07/15/20276.51620.2
Diamond Offshore Drilling Inc.11/01/20434.91590.2
Weatherford International Ltd.04/15/20224.51590.2
Dish DBS Corp.03/15/20235.01580.2
CCO Holdings LLC05/01/20255.41550.2
Frontier Communications Corp.04/01/20278.01550.2
Springleaf Finance Corp.03/15/20256.91550.2
Williams Scotsman International Inc.12/15/20227.91550.2
USA Compression Partners LP / USA Compression Finance Corp.04/01/20266.91540.2
Chesapeake Energy Corp.01/15/20258.01540.2
Ally Financial Inc.05/19/20224.61530.2
Transdigm Inc.07/15/20226.01530.2
Cascades Inc.07/15/20235.81500.2
ARD Securities Finance SA01/31/20238.81490.2
Chesapeake Energy Corp.06/15/20278.01490.2
Denbury Resources Inc.05/15/20219.01470.2
M/I Homes Inc.08/01/20255.61440.2
Nabors Industries Inc.01/15/20235.51440.2
Ascent Resources Utica Holdings LLC / ARU Finance Corp.04/01/202210.01380.2
Altice Luxembourg SA02/15/20257.61320.2
Calpine Corp.01/15/20245.91280.2
Sabre Glbl Inc.11/15/20235.21280.2
Panther Bf Aggregator 2 LP / Panther Finance Co. Inc.05/15/20266.21280.2
Intelsat Jackson Holdings SA07/15/20259.81280.2
Everest Acquisition Finance Inc.05/01/20209.41270.2
T-Mobile USA Inc.02/01/20284.81240.2
Nova Chemicals Corp.06/01/20244.91230.2
Noble Holding International Ltd.01/15/20247.81230.2
Teva Pharmaceutical Finance Netherlands III BV10/01/20263.11230.2
Calfrac Holdings LP06/15/20268.51170.2
US Airways 2012-2 Class B Pass-Through Trust12/03/20226.81140.2
Qep Resources Inc.03/01/20265.61140.2
Ensco plc10/01/20445.81130.2
Alcoa Nederland Holding BV09/30/20267.01080.1
Tenet Healthcare Corp.04/01/20228.11080.1
TransDigm Inc.03/15/20266.21040.1
Arconic Inc.02/01/20275.91040.1
Ball Corp.03/15/20264.91040.1
MPT Operating Partnership LP08/01/20265.21030.1
Asbury Automotive Group Inc.12/15/20246.01030.1
Altice France SA05/15/20246.21010.1
Prime Security Services Borrower LLC / Prime Finance Inc.04/15/20265.81000.1
Community Health Systems Inc.03/31/20236.2940.1
Petsmart Inc.06/01/20255.9840.1
Community Health Systems Inc.02/01/20226.9840.1
ADT Security Corp.07/15/20324.9820.1
HCA Inc.05/01/20235.9800.1
Equinix Inc.01/15/20265.9790.1
Jaguar Land Rover Automotive plc10/01/20274.5790.1
Tenet Healthcare Corp.02/01/20276.2780.1
Chs/Community Health Systems Inc.01/15/20248.6750.1
PetSmart Inc.03/15/20237.1750.1
Hanesbrands Inc.05/15/20264.9500.1
ADT Security Corp.06/15/20234.1480.1
Weatherford International Ltd.06/15/20238.2360.0
Jones Energy Holdings LLC04/01/20226.8110.0
Total71,46894.8
Cash and Other Assets Less Liabilities5.2
Total Net Assets100%

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

As of Quarter Ended 03/31/2019
Economic SectorHarbor High-Yield Opportunities Fund %
Communication Services20.5
Energy12.2
Consumer Discretionary11.0
Financials10.3
Health Care10.3
Industrials8.9
Information Technology8.6
Materials5.5
Consumer Staples3.1
Utilities2.9
Real Estate2.1

Maturity Profile (As of Quarter Ended 03/31/2019)

As of Quarter Ended 03/31/2019
MaturityHarbor High-Yield Opportunities Fund %ICE BofAML US High Yield Index (H0A0) %
0-1 yr0.60.0
1-3 yr4.414.6
3-5 yr28.628.2
5-7 yr37.732.6
7-10 yr24.519.9
20-30 yr0.81.3
Over 30 yr0.00.1

Duration (As of Quarter Ended 03/31/2019)

As of Quarter Ended 03/31/2019
DurationHarbor High-Yield Opportunities Fund %ICE BofAML US High Yield Index (H0A0) %
0-1 yr18.510.3
1-3 yr22.028.1
3-5 yr38.037.8
5-7 yr16.118.7
7-10 yr1.63.6
10-20 yr1.11.6
20-30 yr0.00.0
Over 30 yr0.00.0

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

As of Quarter Ended 03/31/2019
CountryHarbor High-Yield Opportunities Fund %ICE BofAML US High Yield Index (H0A0) %
United States76.0N/A
Canada5.6N/A
Cayman Islands3.1N/A
Luxembourg2.3N/A
United Kingdom2.3N/A
Ireland1.5N/A
Bermuda1.3N/A
Bahamas0.7N/A
Italy0.7N/A
Netherlands0.6N/A
Other5.9N/A

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 ICE BofAML US High Yield Index (H0A0) is an unmanaged index that tracks the performance of below investment grade U.S. dollar-denominated corporate bonds publicly issued in the U.S. domestic market. All bonds are U.S. dollar denominated and rated Split BBB and below. This unmanaged index does not reflect fees and expenses and is not available for direct investment.