Harbor Large Cap Value Fund Administrative Class (HRLVX)

Portfolio Characteristics (As of Quarter Ended 03/31/2018)

Harbor Large Cap Value FundRussell 1000® Value Index
Number of Holdings42711
Weighted Avg. Market Cap ($Mil)101,108.71120,807.76
Median Market Cap ($Mil)47,350.399,433.97
Price/Book Ratio2.592.12
Adj. Trailing P/E Ratio19.0117.55
Forecasted P/E Ratio15.3315.11
Earnings Growth Rate (%)9.458.64
Proj. Earnings Growth Rate (%)12.5810.17
Return on Equity (%)10.7811.10
Turnover (unannualized % since 10/31)4-
Beta vs. Fund Benchmark0.98-

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

Top Ten Holdings (As of Quarter Ended 03/31/2018)

Company Name [Ticker]% of Net Assets
Adobe Systems Inc. [ADBE]4.7
Microsoft Corp. [MSFT]3.4
Bank of America Corp. [BAC]3.3
Home Depot Inc. [HD]3.2
Microchip Technology Inc. [MCHP]3.2
Danaher Corp. [DHR]3.0
General Dynamics Corp. [GD]3.0
Oshkosh Corp. [OSK]2.8
Ameriprise Financial Inc. [AMP]2.8
Lennar Corp. Class A [LEN]2.7
% of Total Holdings:32.1

Full Holdings (As of Quarter Ended 03/31/2018)

Company Name [Ticker]CountryShares (000's)Current Price ($)Market Value ($000's)% of Net Assets
Adobe Systems Inc. [ADBE]US191216.0841,2714.7
Microsoft Corp. [MSFT]US32791.2729,8453.4
Bank of America Corp. [BAC]US96029.9928,7903.3
Home Depot Inc. [HD]US160178.2428,5183.2
Microchip Technology Inc. [MCHP]US30791.3628,0483.2
Danaher Corp. [DHR]US26797.9126,1423.0
General Dynamics Corp. [GD]US118220.9026,0663.0
Oshkosh Corp. [OSK]US31677.2724,4172.8
Ameriprise Financial Inc. [AMP]US165147.9424,4102.8
Lennar Corp. Class A [LEN]US40058.9423,5762.7
PPG Industries Inc. [PPG]US210111.6023,4362.7
Amgen Inc. [AMGN]US137170.4823,3562.7
Phillips 66 [PSX]US24395.9223,3092.7
Martin Marietta Materials Inc. [MLM]US109207.3022,5962.6
PayPal Holdings Inc. [PYPL]US29375.8722,2302.5
Medtronic plc [MDT]IE27780.2222,2212.5
Unilever NV [UN]GB38056.3921,4282.4
ANSYS Inc. [ANSS]US135156.6921,1532.4
Banco Bilbao Vizcaya SA ADR [BBVA]ES2,6607.9021,0142.4
Capital One Financial Corp. [COF]US21795.8220,7932.4
AbbVie Inc. [ABBV]US21594.6520,3502.3
Dowdupont Inc. [DWDP]US30863.7119,6232.2
Johnson Controls International plc [JCI]US55535.2419,5582.2
Novartis AG ADR [NVS]CH24080.8519,4042.2
East West Bancorp Inc. [EWBC]US30562.5419,0752.2
Chubb Ltd. [CB]CH132136.7718,0542.1
National Fuel Gas Co. [NFG]US33351.4517,1331.9
Walgreens Boots Alliance Inc. [WBA]US26065.4717,0221.9
Coca-Cola Co. [KO]US39043.4316,9381.9
JPMorgan Chase & Co. [JPM]US153109.9716,8251.9
Mondelez International Inc. [MDLZ]US39041.7316,2751.9
Kroger Co. [KR]US66023.9415,8001.8
Acadia Healthcare Co. Inc. [ACHC]US39339.1815,3981.8
Pioneer Natural Resources Co. [PXD]US87171.7814,9451.7
Archer Daniels Midland Co. [ADM]US33043.3714,3121.6
BOK Financial Corp. [BOKF]US14298.9914,0571.6
Cullen/Frost Bankers Inc. [CFR]US132106.0714,0011.6
Mitsubishi UFJ Financial Group Inc. ADR [MUFG]JP2,1006.6413,9441.6
Halliburton Co. [HAL]US29546.9413,8471.6
EQT Corp. [EQT]US28047.5113,3031.5
AES Corp. [AES]US1,08011.3712,2801.4
Lennar Corp. Class B [LEN/B]US747.693400.0
Total845,10396.3
Cash and Other Assets Less Liabilities3.7
Total Net Assets100%

Sector Allocation (As of Quarter Ended 03/31/2018)

As of Quarter Ended 03/31/2018
Economic SectorHarbor Large Cap Value Fund %Russell 1000® Value Index %
Financials21.727.1
Information Technology16.29.3
Health Care14.413.6
Consumer Staples11.68.1
Industrials8.08.2
Materials7.52.9
Energy7.410.7
Consumer Discretionary6.06.8
Utilities3.35.9
Telecommunication Services0.02.9
Real Estate0.04.6

Sector Returns (As of Quarter Ended 03/31/2018)

As of Quarter Ended 03/31/2018
Sector ReturnsHarbor Large Cap Value Fund %Russell 1000® Value Index %
Information Technology10.26.1
Health Care2.8-1.7
Cash0.40.0
Real Estate0.0-7.2
Telecommunication Services0.0-7.1
Utilities-0.9-3.1
Financials-1.9-1.2
Consumer Staples-3.5-8.4
Industrials-4.4-4.5
Consumer Discretionary-6.0-2.7
Energy-6.0-5.8
Materials-6.5-5.3

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 1000® Value Index is an unmanaged index generally representative of the U.S. market for larger capitalization value stocks. This unmanaged index does not reflect fees and expenses and is not available for direct investment. The Russell 1000® Value Index and Russell® are trademarks of Frank Russell Company.