Harbor Small Cap Growth Fund Administrative Class (HRSGX)

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

Harbor Small Cap Growth FundRussell 2000® Growth Index
Number of Holdings761,172
Weighted Avg. Market Cap ($Mil)3,629.072,429.39
Median Market Cap ($Mil)3,048.90986.97
Price/Book Ratio4.274.37
Adj. Trailing P/E Ratio22.7123.75
Forecasted P/E Ratio22.6022.10
Earnings Growth Rate (%)15.2711.62
Proj. Earnings Growth Rate (%)14.4114.04
Return on Equity (%)6.9710.95
Turnover (unannualized % since 10/31)76-
Beta vs. Fund Benchmark0.94-

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
Icon plc [ICLR]2.6
John Bean Technologies Corp. [JBT]2.5
Installed Building Products Inc. [IBP]2.4
Berry Global Group Inc. [BERY]2.4
Ryder System Inc. [R]2.1
Eldorado Resorts Inc. [ERI]2.1
Integra LifeSciences Holdings Corp. [IART]2.0
Omnicell Inc. [OMCL]2.0
Lions Gate Entertainment Corp. Class B [LGF/B]2.0
Nektar Therapeutics [NKTR]1.9
% of Total Holdings:22.0

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

Company Name [Ticker]CountryShares (000's)Current Price ($)Market Value ($000's)% of Net Assets
Icon plc [ICLR]IE160113.8818,1832.6
John Bean Technologies Corp. [JBT]US175101.1017,7042.5
Installed Building Products Inc. [IBP]US26164.8016,9162.4
Berry Global Group Inc. [BERY]US29456.6516,6382.4
Ryder System Inc. [R]US17684.5514,8552.1
Eldorado Resorts Inc. [ERI]US56125.6514,3832.1
Integra LifeSciences Holdings Corp. [IART]US27850.4814,0462.0
Omnicell Inc. [OMCL]US27051.0513,8032.0
Lions Gate Entertainment Corp. Class B [LGF/B]CA42931.7913,6272.0
Nektar Therapeutics [NKTR]US54024.0012,9571.9
Interxion Holding NV [INXN]NL24550.9312,4651.8
BMC Stock Holdings Inc. [BMCH]US57021.3512,1671.7
MGIC Investment Corp. [MTG]US94312.5311,8141.7
Rush Enterprises Inc. [RUSHA]US25146.2911,6261.7
Summit Materials Inc. [SUM]US36032.0311,5251.7
Proofpoint Inc. [PFPT]US13187.2211,4351.6
Wright Medical Group NV [WMGI]NL43825.8711,3431.6
Madison Square Garden Co. [MSG]US52214.1011,1961.6
Univar Inc. [UNVR]US38428.9311,1181.6
Bright Horizons Family Solutions Inc. [BFAM]US12886.2111,0641.6
Prothena Corp. plc [PRTA]IE16664.7710,7561.5
Cavium Inc. [CAVM]US16365.9410,7361.5
CoStar Group Inc. [CSGP]US39268.2510,5741.5
Klx Inc. [KLXI]US19952.9310,5491.5
WNS Holdings Ltd. ADR [WNS]JE28636.5010,4331.5
Vail Resorts Inc. [MTN]US46228.1210,3831.5
FCB Financial Holdings Inc. [FCB]US20948.3010,1181.4
Commvault Systems Inc. [CVLT]US16560.8010,0271.4
Acceleron Pharma Inc. [XLRN]US26837.329,9831.4
Bank of NT Butterfield & Son Ltd. [NTB]BM26836.649,8321.4
Medicines Co. [MDCO]US25637.049,4641.4
Milacron Holdings Corp. [MCRN]US56016.869,4411.4
Monolithic Power Systems Inc. [MPWR]US89106.559,4381.4
H.B. Fuller Co. [FUL]US16358.069,4371.4
Ciena Corp. [CIEN]US42521.979,3391.3
Sonic Corp. [SONC]US36125.459,1801.3
Integrated Device Technology Inc. [IDTI]US34226.589,0841.3
Tableau Software Inc. [DATA]US12174.899,0291.3
Pacira Pharmaceuticals Inc. [PCRX]US22637.558,4951.2
Clovis Oncology Inc. [CLVS]US10182.408,3311.2
Zendesk Inc. [ZEN]US28529.118,2861.2
Microsemi Corp. [MSCC]US15751.488,0841.2
Nexstar Media Group Inc. [NXST]US12662.307,8591.1
Avexis Inc. [AVXS]US7996.737,6661.1
Nevro Corp. [NVRO]US8490.887,6521.1
Euronet Worldwide Inc. [EEFT]US8194.797,6401.1
Watsco Inc. [WSO]US47161.077,5551.1
SLM Corp. [SLM]US65411.477,5061.1
Nice Ltd. ADR [NICE]IL9181.317,3671.1
Fortinet Inc. [FTNT]US20535.847,3511.1
Camden Property Trust [CPT]US8091.457,3471.1
Rsp Permian Inc. [RSPP]US21234.597,3401.1
Orbotech Ltd. [ORBK]IL17242.217,2811.0
QTS Realty Trust Inc. [QTS]US13352.366,9871.0
Bottomline Technologies de Inc. [EPAY]US21931.836,9741.0
Acushnet Holdings Corp. [GOLF]US38617.766,8611.0
Wageworks Inc. [WAGE]US11260.706,8271.0
Aclaris Therapeutics Inc. [ACRS]US26325.816,7941.0
Pacific Premier Bancorp Inc. [PPBI]US17737.756,6651.0
Masimo Corp. [MASI]US7786.566,6321.0
KapStone Paper and Packaging Corp. [KS]US30821.496,6120.9
BroadSoft Inc. [BSFT]US12150.306,0670.9
Mercury Systems Inc. [MRCY]US10051.885,1900.7
MKS Instruments Inc. [MKSI]US5194.454,8160.7
Ultimate Software Group Inc. [ULTI]US25189.604,7620.7
Chegg Inc. [CHGG]US29114.844,3230.6
Flowserve Corp. [FLS]US10042.594,2730.6
Matson Inc. [MATX]US14428.184,0590.6
DexCom Inc. [DXCM]US8248.934,0140.6
Cantel Medical Corp. [CMD]US4194.173,8900.6
Lithia Motors Inc. [LAD]US32120.313,8460.6
Orbcomm Inc. [ORBC]US36310.473,8020.5
Cardiome Pharma Corp. [CRME]CA1,7132.143,6650.5
Community Healthcare Trust Inc. [CHCT]US13526.963,6380.5
Neurocrine Biosciences Inc. [NBIX]US5961.283,5990.5
Resolute Energy Corp. [REN]US10529.693,1270.4
Total679,85197.7
Cash and Other Assets Less Liabilities2.3
Total Net Assets100%

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

As of Quarter Ended 09/30/2017
Economic SectorHarbor Small Cap Growth Fund %Russell 2000® Growth Index %
Information Technology24.524.1
Health Care23.124.8
Industrials16.517.9
Consumer Discretionary15.713.4
Financials6.66.1
Materials6.34.6
Real Estate2.63.4
Energy1.51.2
Telecommunication Services0.51.1
Utilities0.00.7
Consumer Staples0.02.7

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

As of Quarter Ended 09/30/2017
Sector ReturnsHarbor Small Cap Growth Fund %Russell 2000® Growth Index %
Consumer Discretionary12.04.7
Energy8.14.3
Materials5.55.7
Information Technology4.75.7
Financials4.66.6
Industrials2.39.1
Health Care2.16.7
Cash0.30.0
Utilities0.02.2
Real Estate-6.21.6
Telecommunication Services-7.311.2
Consumer Staples-24.82.1

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 Russell 2000® Growth Index is an unmanaged index representing the smallest 2000 stocks with the highest price-to-book ratio and future earnings. This unmanaged index does not reflect fees and expenses and is not available for direct investment. The Russell 2000® Growth Index and Russell® are trademarks of Frank Russell Company.