Harbor - Trusted Partnerships - Trusted Solutions

Harbor Global Leaders Fund (HGGAX)

Overview
Performance
Holdings
Investment Team
Documents

Overview

Current Price

as of 9/23/2022

NAV Price

$23.13

NAV Daily Change ($)

-$0.49

NAV Daily Change (%)

-2.07%

NAV YTD Return

-34.20%

Fund Facts

Inception Date

3/1/2009

Net Expense Ratio

0.86%disclaimer

Gross Expense Ratio

0.95%

Total Net Assets (million)

as of 8/31/2022

$44.362

Ticker

HGGAX

Fund Number

2030

Share Class

Institutional

Top Ten Holdings

as of 6/30/2022

AIA Group Limited [1299]

4.7%

Roper Technologies Inc. [ROP]

4.4%

Visa Inc. Class A [V]

4.3%

Charter Communications Inc. Class A [CHTR]

4.3%

IQVIA Holdings Inc [IQV]

4.2%

Microsoft Corporation [MSFT]

4.0%

Liberty Media Corp. Series C Liberty Formula One [FWONK]

4.0%

Constellation Software Inc. [CSU]

3.8%

Entegris Inc. [ENTG]

3.7%

Keyence Corporation [6861]

3.3%

% of Total Holdings:

40.7%

left quote

“With the expectation of owning each portfolio business for five years or longer, we often describe our investment philosophy as a private buyer’s mentality to owning public equities.”

right quote

Sunil Thakor

CFA. Sr. Portfolio Manager, Research Analyst, Sands Capital Management, LLC.

Performance

Total Returns

MONTH-END
QUARTER-END
MONTH-BY-MONTH
YEAR-BY-YEAR

Fund Name

3 Mo.

YTD Return

1 Yr.

3 Yr.

5 Yr.

10 Yr.

Since Inception

Net Expense Ratio

Gross Expense Ratio

Global Leaders Fund

-5.38%

-27.51%

-31.53%

2.17%

7.99%

10.34%

13.81%

0.86%disclaimer

0.95%

MSCI All Country World (ND) Index

-5.64%

-17.75%

-15.88%

8.03%

6.97%

8.70%

11.39%

--

--

Performance data shown represents past performance and is no guarantee of future results. Past performance is net of management fees and expenses and reflects reinvested dividends and distributions. Past performance reflects the beneficial effect of any expense waivers or reimbursements, without which returns would have been lower. Investment returns and principal value will fluctuate and when redeemed may be worth more or less than their original cost. Returns for periods less than one year are not annualized. Current performance may be higher or lower and is available through the most recent month end at harborcapital.com or by calling 800-422-1050.

The MSCI All Country World Index (ND) 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.

Price History

CHART
TABLE

Record Date

Reinvest Date

Payable Date

Return of Capital Non Taxable Dist

Ordinary Income

Total Capital Gains

Short Term Capital Gains

Mid Term Capital Gains

Long Term Capital Gains

Total Distribution

Foreign Tax Credit

Reinvest Price

12/17/2021

12/20/2021

12/20/2021

0.00000

--

3.69533

0.24629

0.00000

3.44904

3.69533

0.00000

--

12/16/2020

12/17/2020

12/17/2020

0.00000

0.00000

2.82624

0.41635

0.00000

2.40989

2.82624

0.00000

35.65

12/13/2019

12/16/2019

12/16/2019

0.00000

0.07439

1.73746

0.00000

0.00000

1.73746

1.81185

0.00000

30.62

12/14/2018

12/17/2018

12/17/2018

0.00000

0.00000

0.59627

0.00000

0.00000

0.59627

0.59627

0.00000

24.05

12/15/2017

12/18/2017

12/18/2017

0.00000

0.00990

2.20340

0.00000

0.00000

2.20340

2.21330

0.00000

24.26

12/16/2016

12/19/2016

12/19/2016

0.00000

0.00000

0.00000

0.00000

0.00000

0.00000

0.00000

0.00000

20.11

12/16/2015

12/17/2015

12/17/2015

0.00000

0.00000

0.71705

0.00000

0.00000

0.71705

0.71705

0.00000

21.12

12/17/2014

12/18/2014

12/18/2014

0.00000

0.03445

2.57460

0.35289

0.00000

2.22171

2.60905

0.00000

21.35

12/16/2013

12/17/2013

12/17/2013

0.00000

0.06691

2.15052

0.86436

0.00000

1.28616

2.21743

0.00000

22.10

12/14/2012

12/17/2012

12/17/2012

0.00000

0.05619

0.49468

0.00000

0.00000

0.49468

0.55087

0.00000

17.96

12/15/2011

12/16/2011

12/16/2011

0.00000

0.00000

0.00000

0.00000

0.00000

0.00000

0.00000

0.00000

14.82

12/16/2010

12/17/2010

12/17/2010

0.00000

0.15876

1.81179

0.62393

0.00000

1.18786

1.97055

0.00899

17.15

12/17/2009

12/18/2009

12/18/2009

0.00000

0.08585

1.17143

1.17143

0.00000

0.00000

1.25728

0.00000

15.26

Holdings

Portfolio Characteristics

as of 6/30/2022

Global Leaders Fund

Number of Holdings

39

Wtd Avg Market Cap ($Mil)

153687.3

Price/Book Ratio

5.18

Adjusted Trailing P/E Ratio

37.1

% EPS Growth - Past 3 Yr

18.7

Return on Equity (%)

16.65

Forecasted P/E Ratio

25.7

Proj. Earnings Growth Rate (%)

16.3

Top Ten Holdings

as of 6/30/2022

Company Name [Ticker]

% of Net Assets

AIA Group Limited[1299]

4.7

Roper Technologies Inc.[ROP]

4.4

Visa Inc. Class A[V]

4.3

Charter Communications Inc. Class A[CHTR]

4.3

IQVIA Holdings Inc[IQV]

4.2

Microsoft Corporation[MSFT]

4.0

Liberty Media Corp. Series C Liberty Formula One[FWONK]

4.0

Constellation Software Inc.[CSU]

3.8

Entegris Inc.[ENTG]

3.7

Keyence Corporation[6861]

3.3

% of Total Holdings:

40.7%

This information should not be considered as a recommendation to purchase or sell a particular security. The holdings mentioned may change at any time and may not represent current or future investments.

as of 6/30/2022

Company Name [Ticker]

Country

Shares (000's)

Current Price ($)

Market Value ($000's)

% of Net Assets

AIA Group Limited [1299]

Hong Kong

315

10.84

3,415

4.7

Roper Technologies Inc. [ROP]

United States

8

394.65

3,163

4.4

Visa Inc. Class A [V]

United States

16

196.89

3,117

4.3

Charter Communications Inc. Class A [CHTR]

United States

7

468.53

3,095

4.3

IQVIA Holdings Inc [IQV]

United States

14

216.99

3,034

4.2

Microsoft Corporation [MSFT]

United States

11

256.83

2,908

4.0

Liberty Media Corp. Series C Liberty Formula One [FWONK]

United States

45

63.47

2,854

4.0

Constellation Software Inc. [CSU]

Canada

2

1,481.35

2,742

3.8

Entegris Inc. [ENTG]

United States

29

92.13

2,678

3.7

Keyence Corporation [6861]

Japan

7

341.39

2,376

3.3

CoStar Group Inc. [CSGP]

United States

38

60.41

2,314

3.2

Chegg Inc. [CHGG]

United States

123

18.78

2,303

3.2

UnitedHealth Group Incorporated [UNH]

United States

4

513.63

2,298

3.2

Cloudflare Inc Class A [NET]

United States

51

43.75

2,227

3.1

Rentokil Initial plc [RTO]

United Kingdom

372

5.76

2,142

3.0

HDFC Bank Limited Sponsored ADR [HDB]

India

36

54.96

1,994

2.8

STERIS Plc [STE]

United States

10

206.15

1,981

2.8

Safran S.A. [SAF]

France

20

98.49

1,966

2.7

CSL Limited [CSL]

Australia

11

185.02

1,946

2.7

Alimentation Couche-Tard Inc. [ATD]

Canada

50

38.92

1,927

2.7

Texas Instruments Incorporated [TXN]

United States

12

153.65

1,910

2.7

Lonza Group AG [LONN]

Switzerland

4

531.68

1,899

2.6

TransDigm Group Incorporated [TDG]

United States

3

536.67

1,860

2.6

Zoetis Inc. Class A [ZTS]

United States

11

171.89

1,834

2.5

NAVER Corp. [035420]

South Korea

8

184.84

1,562

2.2

Aptiv PLC [APTV]

United States

16

89.07

1,431

2.0

Bio-Techne Corporation [TECH]

United States

4

346.64

1,423

2.0

Shopify Inc. Class A [SHOP]

Canada

45

31.24

1,410

2.0

Intercontinental Exchange Inc. [ICE]

United States

14

94.04

1,305

1.8

MonotaRO Co. Ltd. [3064]

Japan

85

14.84

1,260

1.8

Recruit Holdings Co. Ltd. [6098]

Japan

42

29.41

1,228

1.7

Allfunds Group plc [ALLFG]

Netherlands

118

7.69

912

1.3

SiteOne Landscape Supply Inc. [SITE]

United States

7

118.87

884

1.2

Globant SA [GLOB]

Argentina

5

174.00

846

1.2

Zur Rose Group AG [ROSE]

Switzerland

9

74.84

646

0.9

Total

--

--

--

70,889

98.6

Cash and Other Assets Less Liabilities

--

--

--

--

1.4

Total Net Assets

--

--

--

--

100%

as of 6/30/2022

Economic Sector

Global Leaders Fund %

MSCI All Country World (ND) Index %

Information Technology

32.4

20.8

Health Care

20.0

12.9

Industrials

16.2

9.2

Financials

10.6

14.3

Communication Services

10.4

7.9

Consumer Discretionary

5.2

10.9

Consumer Staples

3.6

7.5

Energy

0.0

4.9

Materials

0.0

4.6

Real Estate

0.0

2.8

Utilities

0.0

3.1

as of 6/30/2022

Economic Sector

Global Leaders Fund %

MSCI All Country World (ND) Index %

Energy

0.0

-5.2

Materials

0.0

-19.8

[Unassigned]

0.0

-5.6

Real Estate

0.0

-14.0

Utilities

0.0

-7.1

Financials

-11.6

-15.8

Health Care

-11.7

-7.3

Communication Services

-18.3

-18.2

Industrials

-20.0

-16.3

Consumer Staples

-25.0

-6.2

Information Technology

-28.0

-21.6

Consumer Discretionary

-40.1

-20.2

as of 6/30/2022

Country

Global Leaders Fund %

MSCI All Country World (ND) Index %

United States

59.1

60.6

Canada

8.4

3.2

Japan

6.8

5.5

Hong Kong

4.7

0.8

Switzerland

3.5

2.6

United Kingdom

3.0

4.0

India

2.8

1.4

France

2.7

2.7

Australia

2.7

2.0

South Korea

2.2

1.2

Other

4.1

16.0

Investment Team

Sands Capital Management, LLC


Sands Capital Management, LLC is an independent, staff-owned, global investment management firm with a singular focus on long-only growth equity investing. They exist to add value and enhance the wealth of their clients with prudence over time. Sands Capital’s investment strategies (and those of their affiliates) employ a fundamental, bottom-up research approach that aims to identify high-quality public and private growth businesses globally.

Clients include pension plans, endowments, foundations, corporations, mutual and pooled funds, charities, sovereign wealth funds, state and municipal government entities, Taft-Hartley plans, and private investment funds.

Documents

Fund Documents

From time to time, certain fees and/or expenses have been voluntarily or contractually waived or reimbursed, which has resulted in higher returns. Without these waivers or reimbursements, the returns would have been lower. Voluntary waivers or reimbursements may be applied or discontinued at any time without notice. Only the Board of Trustees may modify or terminate contractual fee waivers or expense reimbursements.

There is no guarantee that the investment objective of the Fund will be achieved. Stock markets are volatile and equity values can decline significantly in response to adverse issuer, political, regulatory, market and economic conditions. Investing in international and emerging markets poses special risks, including potentially greater price volatility due to social, political and economic factors, as well as currency exchange rate fluctuations. These risks are more severe for securities of issuers in emerging market regions. Since the Fund typically invests in a limited number of companies, an adverse event affecting a particular company may hurt the Fund's performance more than if it had invested in a larger number of companies.

blue background

Harbor Funds Distributors, Inc. is the Distributor of the Harbor Mutual Funds.
Foreside Fund Services, LLC is the Distributor of the Harbor ETFs.

Investing involves risk and the potential loss of capital.

Investors should carefully consider the investment objectives, risks, charges and expenses of a fund before investing. To obtain a summary prospectus or prospectus for this and other information, click here or call 800-422-1050. Read it carefully before investing.

All trademarks or product names mentioned herein are the property of their respective owners. Copyright © 2022 Harbor Capital Advisors, Inc. All rights reserved.