Harbor High-Yield Bond Fund Investor Class (HYFIX)

Portfolio Characteristics (As of Quarter Ended 12/31/2017)

Harbor High-Yield Bond FundICE BofAML US Non-Distressed High Yield Index
Number of Bonds5061,789
Average Market Coupon (%)6.216.28
Yield to Maturity (%)5.795.60
Weighted Avg. Maturity (yrs)5.876.44
Duration to Worst (yrs)3.213.87

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

Top Ten Holdings (As of Quarter Ended 12/31/2017)

Issuer NameMaturity DateCoupon Rate (%)Market Value ($000's)% of Net Assets
Tribune Media Co.07/15/20225.910,3250.8
Inmarsat Finance plc05/15/20224.99,7240.7
Anixter Inc.10/01/20215.19,5180.7
Cablevision Systems Corp.04/15/20208.09,4700.7
Teck Resources Ltd.01/15/20224.88,1810.6
Sanchez Energy Corp.06/15/20217.88,1740.6
First Quality Finance Co. Inc.05/15/20214.68,1000.6
Wex Inc.02/01/20234.87,9950.6
Centene Corp.02/15/20215.67,9830.6
Sirius XM Radio Inc.07/15/20246.07,9500.6
% of Total Holdings:87,4206.5

Full Holdings (As of Quarter Ended 12/31/2017)

Issuer NameMaturity DateCoupon Rate (%)Market Value ($000's)% of Net Assets
Tribune Media Co.07/15/20225.910,3250.8
Inmarsat Finance plc05/15/20224.99,7240.7
Anixter Inc.10/01/20215.19,5180.7
Cablevision Systems Corp.04/15/20208.09,4700.7
Teck Resources Ltd.01/15/20224.88,1810.6
Sanchez Energy Corp.06/15/20217.88,1740.6
First Quality Finance Co. Inc.05/15/20214.68,1000.6
Wex Inc.02/01/20234.87,9950.6
Centene Corp.02/15/20215.67,9830.6
Sirius XM Radio Inc.07/15/20246.07,9500.6
Polaris Intermediate Corp.12/01/20228.57,9460.6
Quicken Loans Inc.05/01/20255.87,8000.6
Sterigenics-Nordion Topco LLC11/01/20218.17,6750.6
UPCB Finance IV Ltd.01/15/20255.47,5890.6
Aircastle Ltd.12/01/20196.27,4030.6
Moog Inc.12/01/20225.27,2630.5
Cascades Inc.07/15/20225.57,2530.5
Signode Industrial Group Lux SA05/01/20226.47,2210.5
Covanta Holding Corp.10/01/20226.47,1750.5
GCI Inc.06/01/20216.87,1310.5
Time Inc.04/15/20225.87,1230.5
RegionalCare Hospital Partners Holdings Inc.05/01/20238.26,7840.5
SFR Group SA05/15/20226.06,5890.5
Sprint Communications Inc.11/15/20226.06,5160.5
Ascena Retail Group Inc.08/21/20226.16,3800.5
Albertsons Companies LLC03/15/20255.86,3530.5
XPO Logistics Inc.06/15/20226.56,2850.5
Zayo Group LLC04/01/20236.06,2790.5
DISH DBS Corp.11/15/20245.96,1800.5
Ferrellgas LP05/01/20216.56,1650.5
TransDigm Inc.07/15/20246.56,1650.5
Bass Pro Group LLC09/25/20246.66,1160.5
WPX Energy Inc.08/01/20238.26,0080.4
Tenet Healthcare Corp.07/15/20244.65,7510.4
Realogy Group LLC12/01/20215.25,7130.4
Bway Holding Co.04/15/20257.25,7080.4
Univision Communications Inc.02/15/20255.15,6990.4
Kronos Acquisition Holdings Inc.08/15/20239.05,6720.4
Baytex Energy Corp.06/01/20245.65,6410.4
Ally Financial Inc.09/15/20207.55,6110.4
Navient Corp. MTN01/25/20227.25,3800.4
Camelot Finance SA10/15/20247.95,3500.4
Chesapeake Energy Corp.08/23/20218.95,3340.4
Royal Bank of Scotland Group plc05/28/20245.15,3100.4
Univar USA Inc.07/15/20236.85,2500.4
Valeant Pharmaceuticals International Inc.03/15/20205.45,2380.4
AECOM10/15/20225.85,2380.4
WMG Acquisition Corp.04/15/20226.85,2380.4
Standard Industries Inc.02/15/20235.55,2250.4
Nexstar Broadcasting Inc.02/15/20226.15,2000.4
American Axle & Manufacturing Inc.10/15/20226.65,1940.4
Kennedy-Wilson Inc.04/01/20245.95,1750.4
Platform Specialty Products Corp.02/01/20226.55,1750.4
Chesapeake Energy Corp.06/15/20278.05,1540.4
Infor Software Parent LLC05/01/20217.15,1380.4
CCO Holdings LLC09/30/20225.25,1340.4
Constellium NV05/15/20245.85,1250.4
Sprint Corp.06/15/20247.15,0900.4
Iron Mountain Inc.08/15/20245.85,0880.4
Clean Harbors Inc.06/01/20215.15,0630.4
Dynegy Inc.11/01/20227.45,0230.4
Radiate HoldCo LLC02/15/20256.65,0220.4
Penske Automotive Group Inc.10/01/20225.85,0150.4
Platform Specialty Products Corp.12/01/20255.95,0040.4
Nfp Corp.07/15/20256.94,9690.4
Unit Corp.05/15/20216.64,9610.4
CCO Holdings LLC05/01/20275.14,9380.4
Townsquare Media Inc.04/01/20236.54,9060.4
Envision Healthcare Corp.07/01/20225.14,8750.4
Tenet Healthcare Corp.04/01/20228.14,8410.4
Solenis International LP07/31/20228.24,8380.4
PQ Corp.11/15/20226.84,8210.4
Dish DBS Corp.03/15/20235.04,7690.4
Prestige Brands Inc.12/15/20215.44,7490.4
AES Corp.04/15/20255.54,7480.4
Hughes Satellite Systems Corp.06/15/20217.64,7120.4
Range Resources Corp.07/01/20225.94,6790.3
Midcontinent Finance Corp.08/15/20236.94,6600.3
Tallgrass Energy Finance Corp.09/15/20245.54,6410.3
Rite Aid Corp.04/01/20236.14,6400.3
Murphy Oil Corp.12/01/20224.54,6290.3
Intelsat Jackson Holdings SA04/01/20217.54,5840.3
Denbury Resources Inc.05/15/20219.04,5670.3
Summit Materials LLC07/15/20236.14,5670.3
Tempo Acquisition LLC06/01/20256.84,5290.3
Sprint Corp.09/15/20217.24,5100.3
Tronox Finance LLC03/15/20227.54,4570.3
PetSmart Inc.03/15/20237.14,4380.3
A Schulman Inc.06/01/20236.94,4310.3
Fmg Resources August 2006 Pty Ltd.03/01/20229.84,4190.3
Hertz Corp.06/01/20227.64,4100.3
Telenet Finance Luxembourg Notes Sarl03/01/20285.54,4000.3
SFR Group SA05/01/20267.44,3930.3
T-Mobile USA Inc.01/15/20266.54,3750.3
HCA Inc.06/15/20475.54,3350.3
AMC Networks Inc.08/01/20254.84,3230.3
Dae Funding LLC08/01/20245.04,2170.3
Cascades Inc.07/15/20235.84,2020.3
Whiting Petroleum Corp.03/15/20215.84,2000.3
Air Medical Merger Sub Corp.05/15/20236.44,1780.3
Energizer Holdings Inc.06/15/20255.54,1760.3
United Rentals North America Inc.11/15/20245.84,1720.3
Advanced Disposal Services Inc.11/15/20245.64,1510.3
Freeport-McMoRan Inc.03/15/20233.94,1500.3
Cortes Np Acquisition Corp. Term Loan B11/15/20235.34,1430.3
Sinclair Television Group Inc.10/01/20226.14,1350.3
Ard Finance SA09/15/20237.14,1110.3
ESH Hospitality Inc.05/01/20255.24,1010.3
Bombardier Inc.10/15/20226.04,0940.3
Greeneden US Holdings II LLC Term Loan B 212/01/20235.44,0380.3
Weatherford International Ltd.06/15/20238.23,9490.3
RR Donnelley & Sons Co.04/01/20246.03,8720.3
Fmg Resources August 2006 Pty Ltd.05/15/20224.83,8720.3
Wildhorse Resource Development Corp.02/01/20256.93,8180.3
Nationstar Mortgage LLC07/01/20216.53,8130.3
Genesis Energy LP08/01/20226.83,8050.3
Lennar Corp.11/15/20194.53,7960.3
Cequel Communications Holdings I LLC12/15/20215.13,7590.3
Granite Acquisition Inc.12/17/20214.83,6980.3
Ferrellgas LP06/15/20236.83,6950.3
Royal Bank of Scotland Group plc12/19/20236.03,6680.3
CCO Holdings LLC04/01/20245.93,6580.3
Micron Technology Inc.01/15/20245.23,6530.3
Grinding Media Inc.12/15/20237.43,6320.3
Triumph Group Inc.06/01/20225.23,6150.3
NCR Corp.12/15/20215.93,6010.3
Valeant Pharmaceuticals International Inc.07/15/20217.53,5740.3
Garda World Security Corp.11/15/20217.23,5620.3
Cheniere Energy Partners LP10/01/20255.23,5550.3
Griffon Corp.03/01/20225.23,5530.3
Delphi Jersey Holdings plc10/01/20255.03,5470.3
Oasis Petroleum Inc.01/15/20236.93,5150.3
DISH DBS Corp.06/01/20216.83,5040.3
Tesla Inc.08/15/20255.33,4660.3
Dynegy Inc.01/15/20258.03,4530.3
Usis Merger Sub Inc.05/01/20256.93,4430.3
Davita Healthcare Partners Inc.05/01/20255.03,4330.3
Infor US Inc.05/15/20226.53,4320.3
Denbury Resources Inc.05/01/20225.53,3750.3
Quicken Loans Inc.01/15/20285.23,3650.3
California Resources Corporation12/31/202111.93,3550.3
Springleaf Finance Corp.10/01/20217.83,3110.2
West Street Merger Sub Inc.09/01/20256.43,2740.2
Alliance Data Systems Corp. MTN11/01/20215.93,2620.2
Novelis Corp.08/15/20246.23,2600.2
Nuance Communications Inc.07/01/20246.03,2330.2
Ziggo Bond Finance BV01/15/20255.93,2220.2
Navistar International Corp.11/01/20256.63,1950.2
NRG Energy Inc.05/01/20246.23,1580.2
DaVita Inc.08/15/20225.83,1450.2
Ally Financial Inc.05/19/20224.63,1430.2
Acadia Healthcare Co. Inc.03/01/20246.53,1350.2
BlueScope Steel Finance Ltd.05/15/20216.53,1350.2
Fmg Resources August 2006 Pty Ltd.05/15/20245.13,1250.2
Sprint Corp.02/15/20257.63,1240.2
Suncoke Energy Partners LP06/15/20257.53,1240.2
Scientific Games International Inc.05/15/20216.63,1130.2
Petsmart Inc.06/01/20255.93,1050.2
Nova Chemicals Corp.06/01/20244.93,1000.2
Nova Chemicals Corp.08/01/20235.23,0980.2
Williams Scotsman International Inc.12/15/20227.93,0870.2
Telecom Italia SpA05/30/20245.33,0800.2
Melco Resorts Finance Ltd.06/06/20254.93,0750.2
Flex Acquisition Co. Inc.01/15/20256.93,0610.2
Eagle Holding Co. II LLC05/15/20227.63,0600.2
RHP Hotel Properties LP04/15/20215.03,0600.2
Cequel Communications Holdings I LLC09/15/20206.43,0530.2
CenturyLink Inc.04/01/20205.63,0340.2
Alliance Resource Operating Partners05/01/20257.53,0120.2
Landry's Inc.10/15/20246.82,9940.2
Cable One Inc.06/15/20225.82,9860.2
NetFlix Inc.04/15/20284.92,9780.2
Advanced Micro Devices Inc.07/01/20247.02,9680.2
Rose Rock Midstream LP11/15/20235.62,9400.2
Equinix Inc.05/15/20275.42,9390.2
Rockies Express Pipeline LLC01/15/20196.02,9220.2
NGL Energy Partners LP11/01/20237.52,9120.2
Amerigas Partners LP05/20/20275.82,8930.2
Anglo American Capital plc04/08/20199.42,8800.2
Team Health Holdings Inc.02/01/20256.42,8760.2
Mediacom Broadband LLC04/15/20215.52,8460.2
Lennar Corp.04/30/20244.52,8010.2
American Tire Distributors Inc.03/01/202210.22,7950.2
HCA Inc.05/01/20234.82,7880.2
Geo Group Inc.01/15/20225.92,7430.2
Acrisure Finance Inc.11/15/20257.02,7350.2
Berry Plastics Corp.05/15/20225.52,7330.2
Semgroup Corp.03/15/20256.42,7230.2
Aecom03/15/20275.12,7060.2
Griffon Corp.03/01/20225.22,7000.2
Amaya Holdings BV08/01/20215.22,6980.2
Hologic Inc.07/15/20225.22,6900.2
Block Communications Inc.02/15/20256.92,6840.2
Altice Luxembourg SA05/15/20227.82,6840.2
Navient Corp. MTN01/25/20235.52,6580.2
Sprint Capital Corp.11/15/20286.92,6580.2
HCA Holdings Inc.02/15/20216.22,6560.2
GCI Inc.04/15/20256.92,6320.2
Alliance Data Systems Corp.04/01/20206.42,6290.2
HCA Inc.02/15/20274.52,6200.2
Virtu Financial06/15/20226.82,5900.2
NGL Energy Partners LP07/15/20195.12,5860.2
Cott Holdings Inc.04/01/20255.52,5780.2
Src Energy Inc.12/01/20256.22,5740.2
Dae Funding LLC08/01/20224.52,5660.2
Valeant Pharmaceuticals International Inc.11/01/20255.52,5560.2
Community Health Systems Inc.03/31/20236.22,5520.2
Navient Corp.10/26/20205.02,5410.2
Sprint Corp.09/15/20237.92,5350.2
Herc Rentals Inc.06/01/20227.52,5330.2
Alliance Data Systems Corp.08/01/20225.42,5310.2
Jaguar Holding Co. II08/01/20236.42,5310.2
Molina Healthcare Inc.06/15/20254.92,5060.2
Ladder Capital Finance LLC10/01/20255.22,5040.2
HCA Inc.02/15/20206.52,4970.2
Frontier Communications Corp.01/15/20237.12,4960.2
Freeport-McMoRan Inc.11/14/20345.42,4850.2
Rose Rock Midstream LP07/15/20225.62,4810.2
FelCor Lodging LP06/01/20256.02,4540.2
Quintiles Transnational Corp.05/15/20234.92,4320.2
Brinker International Inc.05/15/20233.92,4310.2
Gfl Environmental Inc.02/01/20219.92,4290.2
Brink's Co.10/15/20274.62,4020.2
Nuance Communications Inc.12/15/20265.62,3800.2
Informatica LLC07/15/20237.12,3680.2
Brand Energy & Infrastructure Services Inc.07/15/20258.52,3160.2
LSC Communications Inc.10/15/20238.82,3050.2
Trinidad Drilling Ltd.02/15/20256.62,2680.2
Valeant Pharmaceuticals International Inc.12/01/20215.62,2570.2
Telesat Canada11/15/20248.92,2450.2
Altice Financing SA05/15/20267.52,2420.2
Bombardier Inc.12/01/20247.52,2180.2
Alcoa Nederland Holding BV09/30/20246.82,1900.2
Ally Financial Inc.11/20/20255.82,1880.2
Tri Pointe Group Inc.06/01/20275.22,1820.2
Summit Midstream Holdings LLC04/15/20255.82,1790.2
Big River Steel LLC09/01/20257.22,1730.2
Ngpl Pipeco LLC08/15/20274.92,1710.2
CRC Escrow Issuer LLC10/15/20255.22,1570.2
Navient Corp.09/25/20237.22,1400.2
Nustar Logistics LP02/01/20216.82,1350.2
Ally Financial Inc.11/01/20318.02,1250.2
Orbital ATK Inc.10/01/20235.52,1200.2
Wellcare Health Plans Inc.04/01/20255.22,1150.2
CenturyLink Inc.03/15/20225.82,1140.2
Constellium NV03/01/20256.62,1130.2
Ardagh Packaging Finance plc02/15/20256.02,1100.2
Berry Global Inc.10/15/20226.02,1030.2
Ascent Resources Utica Holdings LLC04/01/202210.02,1010.2
AK Steel Corp.03/15/20277.02,0960.2
Molina Healthcare Inc.11/15/20225.42,0950.2
Gfl Environmental Inc.05/01/20225.62,0850.2
First Data Corp.08/15/20235.42,0820.2
Starwood Property Trust Inc.12/15/20215.02,0800.2
Clover Merger Sub Inc. Initial Term Loans08/15/20259.32,0790.2
OneMain Financial Holdings Inc.12/15/20196.82,0670.2
Viking Cruises Ltd.09/15/20275.92,0660.2
MediaCom Broadband LLC04/01/20236.42,0650.2
Talen Energy Supply LLC07/15/20229.52,0600.2
Corecivic Inc.10/15/20274.82,0590.2
Whiting Petroleum Corp.03/15/20195.02,0540.2
Weatherford International Ltd.06/15/20217.82,0460.2
Diamond 1 Finance Corp.06/15/20215.92,0440.2
Avis Budget Car Rental LLC06/01/20225.12,0330.2
EnPro Industries Inc.09/15/20225.92,0140.2
Seagate HDD Cayman03/01/20244.92,0130.2
Churchill Downs Inc.01/15/20284.82,0120.1
Archrock Partners LP10/01/20226.02,0100.1
Jaguar Land Rover Automotive plc10/01/20274.52,0000.1
Iron Mountain Inc.03/15/20285.21,9950.1
United Rentals North America Inc.01/15/20284.91,9900.1
Bombardier Inc.01/15/20236.11,9700.1
Terraform Power Operating LLC01/31/20285.01,9630.1
ENDO Finance LLC01/15/20235.41,9630.1
CCO Holdings LLC02/01/20285.01,9550.1
Level 3 Communications Inc.12/01/20225.81,9380.1
Crownrock Finance Inc.10/15/20255.61,9340.1
First Data Corp.01/15/20245.81,9280.1
Nielsen Finance LLC.04/15/20225.01,9080.1
AMC Entertainment Holdings Inc.11/15/20265.91,9060.1
Consol Mining Corp.11/15/202511.01,8950.1
Dole Food Co. Inc.06/15/20257.21,8720.1
Valeant Pharmaceuticals International Inc.03/15/20226.51,8680.1
Murphy Oil Corp.12/01/20425.91,8660.1
CBS Radio Inc.11/01/20247.21,8540.1
Match Group Inc.12/15/20275.01,8420.1
Sabra Health Care LP02/01/20215.51,8390.1
Centene Corp.01/15/20254.81,8160.1
Avantor Inc.10/01/20246.01,7830.1
WMG Acquisition Corp.04/15/20225.61,7570.1
SBA Communications Corp.10/01/20224.01,7560.1
RSI Home Products Inc.03/15/20236.51,7470.1
Zf North America Capital Inc.04/29/20204.01,7470.1
Hill-Rom Holdings Inc.02/15/20255.01,7420.1
Mednax Inc.12/01/20235.21,7340.1
Hudbay Minerals Inc.01/15/20237.21,7040.1
Pdc Energy Inc.05/15/20265.81,6930.1
Centurylink Inc.04/01/20247.51,6750.1
Nielsen Co. Luxembourg Sarl10/01/20215.51,6740.1
Goodyear Tire & Rubber Co.03/15/20274.91,6730.1
Gw Honos Security Corp.05/15/20258.81,6700.1
Bway Holding Co.04/15/20245.51,6680.1
Advanced Micro Devices Inc.08/15/20227.51,6540.1
B&G Foods Inc.04/01/20255.21,6370.1
Verisign Inc.07/15/20274.81,6180.1
Cyrusone LP03/15/20245.01,6170.1
Wrangler Buyer Corp.10/01/20256.01,6090.1
Calpine Corp.02/01/20245.51,6030.1
MPT Operating Partnership LP03/01/20246.41,5940.1
T-Mobile USA Inc.01/15/20246.51,5940.1
Mallinckrodt International Finance SA04/15/20234.81,5800.1
Hughes Satellite Systems Corp.06/15/20196.51,5730.1
Suburban Propane Partners LP03/01/20275.91,5720.1
Univision Communications Inc.09/15/20226.81,5710.1
NRG Energy Inc.01/15/20276.61,5670.1
Jupiter Resources Inc.10/01/20228.51,5590.1
California Resources Corp. 2017 1st Lien Term Loan11/08/20221.01,5530.1
AssuredPartners Inc.08/15/20257.01,5510.1
Rockies Express Pipeline LLC04/15/20406.91,5420.1
MDC Partners Inc.05/01/20246.51,5400.1
Intelsat Jackson Holdings SA10/15/20207.21,5360.1
Arcelormittal10/15/20397.51,5360.1
Mattel Inc.12/31/20256.81,5340.1
Acadia Healthcare Co. Inc.02/15/20235.61,5300.1
Continental Resources Inc.01/15/20284.41,5170.1
Nielsen Finance LLC.10/01/20204.51,5150.1
Standard Industries Inc.01/15/20284.81,5130.1
Gulfport Energy Corp.10/15/20246.01,5080.1
Teleflex Inc.11/15/20274.61,4980.1
Global Partners LP06/15/20237.01,4970.1
Outfront Media Capital LLC03/15/20255.91,4860.1
Nextera Energy Operating Partners LP09/15/20244.21,4790.1
Harland Clarke Holdings Corp.08/15/20228.41,4730.1
CD&R Waterworks Merger Sub LLC08/15/20256.11,4700.1
Springleaf Finance Corp.03/15/20235.61,4700.1
Kar Auction Services Inc.06/01/20255.11,4640.1
MPT Operating Partnership LP10/15/20275.01,4600.1
Starwood Property Trust Inc.03/15/20254.81,4580.1
Tri Pointe Group Inc.07/01/20214.91,4560.1
Vista Outdoor Inc.10/01/20235.91,4480.1
Freeport-McMoRan Inc.03/15/20435.51,4400.1
Calpine Corp.01/15/20255.81,4310.1
Extraction Oil & Gas Holdings LLC07/15/20217.91,4030.1
United Rentals North America Inc.05/15/20275.51,3980.1
Bombardier Inc.03/15/20257.51,3920.1
Transocean Inc.01/15/20267.51,3700.1
Greystar Real Estate Partners LLC12/01/20255.81,3530.1
Iron Mountain Inc.09/15/20274.91,3520.1
Continental Resources Inc.06/01/20444.91,3490.1
Qualitytech LP11/15/20254.81,3140.1
Navistar International Corp. 2017 1st Lien Term Loan B11/01/20241.01,3020.1
Calatlantic Group Inc.05/15/20188.41,2990.1
Hornbeck Offshore Services Inc.03/01/20215.01,2830.1
Clear Channel Worldwide Holdings Inc.03/15/20207.61,2740.1
SFR Group SA05/15/20246.21,2730.1
Transocean Inc.03/15/20386.81,2700.1
New Red Finance Inc.10/15/20255.01,2660.1
Cheniere Corpus Christi Holdings LLC06/30/20275.11,2600.1
NGL Energy Partners LP10/15/20216.91,2450.1
Kinross Gold Corp.07/15/20274.51,2410.1
Softbank Corp.04/15/20204.51,2390.1
USG Corp.06/01/20274.91,2360.1
M/I Homes Inc.08/01/20255.61,2290.1
CSC Holdings LLC06/01/20245.21,2280.1
Carlson Travel Inc.12/15/20236.81,2250.1
Gulfport Energy Corp.01/15/20266.41,2170.1
Frontier Communications Corp.09/15/202511.01,2140.1
RR Donnelley & Sons Co.11/15/20236.51,2130.1
Allison Transmission Inc.10/01/20274.81,2110.1
Hanesbrands Inc.05/15/20244.61,2040.1
Freedom Mortgage Corp.11/15/20248.11,1950.1
Ancestry.com Inc.10/19/20234.71,1760.1
Pride International LLC06/15/20198.51,1690.1
Extraction Oil & Gas Holdings LLC05/15/20247.41,1640.1
Communications Sales & Leasing Inc.10/15/20238.21,1560.1
Tenet Healthcare Corp.11/15/20316.91,1470.1
Novelis Corp.09/30/20265.91,1450.1
Level 3 Financing Inc.01/15/20216.11,1190.1
Calatlantic Group Inc.06/15/20275.01,1180.1
AMC Entertainment Holdings Inc.06/15/20255.81,1180.1
Energy Transfer Equity LP10/15/20207.51,1030.1
Virgin Media Secured Finance plc08/15/20265.51,0990.1
Alcoa Nederland Holding BV09/30/20267.01,0990.1
Calpine Corp.06/01/20265.21,0970.1
Commercial Metals Co.07/15/20275.41,0940.1
Southwestern Energy Co.04/01/20267.51,0900.1
Brinker International Inc.10/01/20245.01,0880.1
Crestwood Midstream Partners LP04/01/20255.81,0880.1
Viasat Inc.09/15/20255.61,0680.1
Weatherford International Ltd.02/15/20249.91,0680.1
Eldorado Resorts Inc.04/01/20256.01,0550.1
T-Mobile USA Inc.03/01/20236.01,0500.1
Great Western Petroleum LLC09/30/20219.01,0450.1
Springleaf Finance Corp.05/15/20226.11,0430.1
Symantec Corp.04/15/20255.01,0430.1
Springleaf Finance Corp.06/01/20206.01,0400.1
Lithia Motors Inc.08/01/20255.21,0400.1
Precision Drilling Corp.01/15/20267.11,0380.1
Covanta Holding Corp.07/01/20255.91,0330.1
Avis Budget Car Rental LLC04/01/20235.51,0290.1
Acadia Healthcare Co. Inc.07/01/20225.11,0080.1
Archrock Partners LP04/01/20216.01,0050.1
Post Holdings Inc.03/01/20275.81,0040.1
Nationstar Mortgage LLC08/01/20186.51,0020.1
Ardagh Packaging Finance plc06/30/20216.09990.1
Nextera Energy Operating Partners LP09/15/20274.59980.1
Avis Budget Car Rental LLC03/15/20255.29940.1
Reynolds Group Issuer Inc.10/15/20205.89850.1
Consolidated Energy Finance SA10/15/20196.89830.1
American Axle & Manufacturing Inc.04/01/20276.59820.1
Amerigas Partners LP05/20/20255.59640.1
HCA Inc.02/15/20265.99540.1
Communications Sales & Leasing Inc.12/15/20247.19470.1
NCR Corp.12/15/20236.49450.1
Commscope Technologies LLC03/15/20275.09370.1
Southwestern Energy Co.10/01/20277.89350.1
Diamond 1 Finance Corp.06/15/20247.19310.1
Virgin Media Secured Finance plc01/15/20215.29310.1
Oi European Group BV03/15/20234.09290.1
T-Mobile USA Inc.04/15/20275.49080.1
Lennar Corp.11/29/20203.09080.1
Telecom Italia Capital SA11/15/20336.49050.1
Williams Cos. Inc.03/15/20328.88880.1
Frontier Communications Corp.09/15/202210.58880.1
T-Mobile USA Inc.04/15/20255.18850.1
Service Corp. International12/15/20274.68850.1
Scientific Games International Inc.09/01/20206.28640.1
Mallinckrodt International Finance SA10/15/20235.68550.1
Pride International LLC08/15/20407.98510.1
Hughes Satellite Systems Corp.08/01/20266.68400.1
AK Steel Corp.10/15/20256.48210.1
Ally Financial Inc.03/30/20204.18180.1
Anixter Inc.03/01/20235.58100.1
Inventiv Group Holdings Inc.10/01/20247.58080.1
Entegris Inc.02/10/20264.68010.1
Dean Foods Co.03/15/20236.57730.1
Hudbay Minerals Inc.01/15/20257.67700.1
Nationstar Mortgage LLC10/01/20207.97630.1
Genesis Energy LP05/15/20236.07630.1
Ally Financial Inc.09/10/20184.87610.1
Hertz Corp.10/15/20205.97560.1
Thc Escrow Corp. III05/01/20255.17540.1
Tenet Healthcare Corp.10/01/20214.47520.1
CSC Holdings LLC10/15/202510.97500.1
Whiting Petroleum Corp.01/15/20266.67350.1
Mallinckrodt International Finance SA08/01/20225.87300.1
CyrusOne LP03/15/20275.47260.1
Jeld-Wen Inc.12/15/20254.67120.1
AES Corp.09/01/20275.17100.1
Telecom Italia Capital SA09/30/20346.07050.1
CyrusOne LP03/15/20245.07020.1
MGM Growth Properties Operating Partnership LP01/15/20284.56830.1
Targa Resources Partners LP01/15/20285.06610.0
Triumph Group Inc.08/15/20257.86540.0
Masonite International Corp.03/15/20235.66300.0
T-Mobile USA Inc.04/15/20224.06170.0
Intelsat Jackson Holdings SA08/01/20235.56150.0
Scientific Games International Inc.01/01/20227.05970.0
Amaya Holdings BV08/01/20228.75950.0
Ngpl Pipeco LLC08/15/20224.45660.0
Steel Dynamics Inc.04/15/20235.25650.0
NRG Energy Inc.01/15/20285.85570.0
Qep Resources Inc.03/01/20216.95430.0
Talen Energy Supply LLC06/01/20256.55380.0
Pinnacle Entertainment Inc.05/01/20245.65270.0
Baytex Energy Corp.06/01/20215.15270.0
Regal Entertainment Group02/01/20255.85250.0
Cdk Global Inc.10/15/20193.85110.0
Zayo Group LLC01/15/20275.85110.0
Quintiles IMS Inc.10/15/20265.05090.0
Lennar Corp.12/01/20184.15060.0
Jonah Energy LLC10/15/20257.25040.0
Calatlantic Group Inc.06/01/20265.25040.0
United Rentals North America Inc.10/15/20254.65000.0
Oasis Petroleum Inc.03/15/20226.94780.0
Dae Funding LLC08/01/20204.04760.0
Ladder Capital Finance Corp.08/01/20215.94760.0
Genesis Energy LP10/01/20256.54640.0
Cyrusone LP03/15/20275.44630.0
Calatlantic Group Inc.11/15/20245.94460.0
Endo Finance LLC01/15/20227.24350.0
Commscope Inc.06/15/20215.04090.0
SM Energy Co.11/15/20226.13580.0
Summit Materials LLC04/15/20228.53450.0
EMC Corp.06/01/20202.63410.0
Ally Financial Inc.11/01/20318.03320.0
AES Corp.05/15/20266.03260.0
T-Mobile USA Inc.01/15/20226.13100.0
Steel Dynamics Inc.10/01/20215.13080.0
Alpha 3 BV / Alpha US Bidco Inc.02/01/20256.22630.0
CCO Holdings LLC03/15/20215.22540.0
DaVita Inc.07/15/20245.12530.0
KLX Inc.12/01/20225.92360.0
Park Aerospace Holdings Ltd.08/15/20225.22240.0
Asbury Automotive Group Inc.12/15/20246.02090.0
Sanchez Energy Corp.01/15/20236.11710.0
James Hardie International Finance Dac01/15/20254.81690.0
Dynegy Inc.01/30/20268.11640.0
Cnh Industrial Capital LLC04/05/20224.41560.0
Frontier Communications Corp.04/15/20247.61400.0
Micron Technology Inc.02/01/20255.51310.0
NRG Energy Inc.07/15/20226.21050.0
Granite Acquisition Inc.12/17/20215.2920.0
Qep Resources Inc.05/01/20235.2510.0
Qep Resources Inc.03/01/20265.6360.0
Nuance Communications Inc.08/15/20205.4280.0
Total1,312,99098.7
Cash and Other Assets Less Liabilities1.3
Total Net Assets100%

Sector Allocation (As of Quarter Ended 12/31/2017)

As of Quarter Ended 12/31/2017
Economic SectorHarbor High-Yield Bond Fund %
Consumer Discretionary20.4
Industrials13.4
Energy12.1
Materials11.6
Health Care10.3
Telecommunication Services6.7
Financials6.6
Information Technology6.6
Real Estate3.9
Utilities3.4
Consumer Staples2.9

Maturity Profile (As of Quarter Ended 12/31/2017)

As of Quarter Ended 12/31/2017
MaturityHarbor High-Yield Bond Fund %ICE BofAML US Non-Distressed High Yield Index %
0-1 yr0.30.0
1-3 yr5.810.9
3-5 yr37.425.2
5-7 yr27.629.8
7-10 yr24.326.9
10-20 yr2.83.0
20-30 yr1.14.3
Over 30 yr0.00.0

Duration (As of Quarter Ended 12/31/2017)

As of Quarter Ended 12/31/2017
DurationHarbor High-Yield Bond Fund %ICE BofAML US Non-Distressed High Yield Index %
0-1 yr19.511.0
1-3 yr26.227.6
3-5 yr34.135.0
5-7 yr14.117.8
7-10 yr4.05.2
10-20 yr1.23.4
20-30 yr0.00.0
Over 30 yr0.00.0

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 Non-Distressed High Yield Index is a subset of the ICE BofAML US High Yield Index (H0A0) including all securities with an option-adjusted spread less than 1,000 basis points. 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. These unmanaged indices do not reflect fees and expenses and are not available for direct investment.