NPORT-P
    false
    
      
      
        
          0000793769
          XXXXXXXX
        
      
      
      
      
        S000042777
        C000166757
        C000132319
        C000132318
        C000132317
      
      
      
    
  
  
    
      HARBOR FUNDS
      811-04676
      0000793769
      549300YJH4HL5M6WFP75
      111 SOUTH WACKER DRIVE
      34TH FLOOR
      CHICAGO
      
      60606
      312-443-4400
      Harbor Emerging Markets Equity Fund
      S000042777
      549300ED5HNKVMWWY605
      2021-10-31
      2021-07-31
      N
    
    
      48108664.59
      1301661.77
      46807002.82
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      1539100.18000000
      N
      
        
          
          
          
          
        
        
          
            
            
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
    
    
      
        MRV Engenharia e Participacoes SA
        N/A
        MRV Engenharia e Participacoes SA
        000000000
        
          
        
        87600.00000000
        NS
        
        241191.19000000
        0.515288686454
        Long
        EC
        CORP
        BR
        N
        
        1
        
          N
          N
          N
        
      
      
        Alrosa PJSC
        894500DKUWVBYZLLE651
        Alrosa PJSC
        000000000
        
          
        
        189450.00000000
        NS
        USD
        337128.17000000
        0.720251564272
        Long
        EC
        CORP
        RU
        N
        
        1
        
          N
          N
          N
        
      
      
        Media Nusantara Citra Tbk PT
        254900Y0ZF75CIA04X94
        Media Nusantara Citra Tbk PT
        000000000
        
          
        
        2966000.00000000
        NS
        
        162050.19000000
        0.346209285442
        Long
        EC
        CORP
        ID
        N
        
        2
        
          N
          N
          N
        
      
      
        Grupo Aeroportuario del Pacifico SAB de CV
        4469000001BZ368XFI90
        Grupo Aeroportuario del Pacifico SAB de CV
        000000000
        
          
        
        18083.00000000
        NS
        
        206853.62000000
        0.441928787441
        Long
        EC
        CORP
        MX
        N
        
        1
        
          N
          N
          N
        
      
      
        Chailease Holding Co Ltd
        529900L76E6T0JCM3J27
        Chailease Holding Co Ltd
        000000000
        
          
        
        19000.00000000
        NS
        
        157673.92000000
        0.336859680177
        Long
        EC
        CORP
        KY
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Axis Bank Ltd
        549300HVNWMJPOFVNI41
        Axis Bank Ltd
        000000000
        
          
        
        100998.00000000
        NS
        
        965076.11000000
        2.061819924064
        Long
        EC
        CORP
        IN
        N
        
        2
        
          N
          N
          N
        
      
      
        Teco Electric and Machinery Co Ltd
        N/A
        Teco Electric and Machinery Co Ltd
        000000000
        
          
        
        307000.00000000
        NS
        
        341663.41000000
        0.729940798204
        Long
        EC
        CORP
        TW
        N
        
        2
        
          N
          N
          N
        
      
      
        Merida Industry Co Ltd
        N/A
        Merida Industry Co Ltd
        000000000
        
          
        
        68000.00000000
        NS
        
        816688.86000000
        1.744800587084
        Long
        EC
        CORP
        TW
        N
        
        2
        
          N
          N
          N
        
      
      
        Tingyi Cayman Islands Holding Corp
        5299009MPI9B60VN4P25
        Tingyi Cayman Islands Holding Corp
        000000000
        
          
        
        362000.00000000
        NS
        
        652656.58000000
        1.394356700235
        Long
        EC
        CORP
        KY
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Shriram Transport Finance Co Ltd
        335800TM2YO24B76XL26
        Shriram Transport Finance Co Ltd
        000000000
        
          
        
        44051.00000000
        NS
        
        830374.81000000
        1.774039694857
        Long
        EC
        CORP
        IN
        N
        
        2
        
          N
          N
          N
        
      
      
        ASML Holding NV
        724500Y6DUVHQD6OXN27
        ASML Holding NV
        000000000
        
          
        
        237.00000000
        NS
        
        181158.95000000
        0.387033860503
        Long
        EC
        CORP
        NL
        N
        
        2
        
          N
          N
          N
        
      
      
        Georgia Capital PLC
        213800Q65T5GNBOW7H65
        Georgia Capital PLC
        000000000
        
          
        
        3910.00000000
        NS
        
        34196.76000000
        0.073059067959
        Long
        EC
        CORP
        GB
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Natura & Co Holding SA
        N/A
        Natura & Co Holding SA
        000000000
        
          
        
        68300.00000000
        NS
        
        704867.28000000
        1.505901334273
        Long
        EC
        CORP
        BR
        N
        
        1
        
          N
          N
          N
        
      
      
        East African Breweries Ltd
        N/A
        East African Breweries Ltd
        000000000
        
          
        
        159500.00000000
        NS
        
        267456.79000000
        0.571403366775
        Long
        EC
        CORP
        KE
        N
        
        2
        
          N
          N
          N
        
      
      
        LX Holdings Corp
        N/A
        LX Holdings Corp
        000000000
        
          
        
        1243.00000000
        NS
        
        11292.63000000
        0.024125941247
        Long
        EC
        CORP
        KR
        N
        
        2
        
          N
          N
          N
        
      
      
        Southern Copper Corp
        2549007U6NAP46Q9TU15
        Southern Copper Corp
        84265V105
        
          
        
        2982.00000000
        NS
        USD
        195738.48000000
        0.418182041590
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Alfa SAB de CV
        549300ZCGJ6T8YDJ4M34
        Alfa SAB de CV
        000000000
        
          
        
        582600.00000000
        NS
        
        440763.88000000
        0.941662258732
        Long
        EC
        CORP
        MX
        N
        
        1
        
          N
          N
          N
        
      
      
        Thai Beverage PCL
        529900VZFHQZ684D8L07
        Thai Beverage PCL
        000000000
        
          
        
        510700.00000000
        NS
        
        244571.00000000
        0.522509422234
        Long
        EC
        CORP
        TH
        N
        
        2
        
          N
          N
          N
        
      
      
        Sea Ltd
        529900OM6JLLW44YKI15
        Sea Ltd
        81141R100
        
          
        
        342.00000000
        NS
        USD
        94446.72000000
        0.201779037985
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Samsung Electronics Co Ltd
        9884007ER46L6N7EI764
        Samsung Electronics Co Ltd
        000000000
        
          
        
        38270.00000000
        NS
        
        2615233.69000000
        5.587270135746
        Long
        EC
        CORP
        KR
        N
        
        2
        
          N
          N
          N
        
      
      
        AngloGold Ashanti Ltd
        378900EF3BA9A5F42A59
        AngloGold Ashanti Ltd
        000000000
        
          
        
        8308.00000000
        NS
        
        166357.37000000
        0.355411284588
        Long
        EC
        CORP
        ZA
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Hankook Tire & Technology Co Ltd
        9884001BIEVM09M7AH02
        Hankook Tire & Technology Co Ltd
        000000000
        
          
        
        3810.00000000
        NS
        
        160364.32000000
        0.342607538057
        Long
        EC
        CORP
        KR
        N
        
        2
        
          N
          N
          N
        
      
      
        KT Corp
        9884005ACF8449EANY26
        KT Corp
        000000000
        
          
        
        6447.00000000
        NS
        
        189391.13000000
        0.404621357039
        Long
        EC
        CORP
        KR
        N
        
        2
        
          N
          N
          N
        
      
      
        Weichai Power Co Ltd
        529900OKTPKBG85F9502
        Weichai Power Co Ltd
        000000000
        
          
        
        48000.00000000
        NS
        
        105205.58000000
        0.224764615680
        Long
        EC
        CORP
        CN
        N
        
        2
        
          N
          N
          N
        
      
      
        BOC Aviation Ltd
        254900H06V5RMEB3KE72
        BOC Aviation Ltd
        000000000
        
          
        
        18800.00000000
        NS
        
        138230.08000000
        0.295319229328
        Long
        EC
        CORP
        SG
        N
        
        2
        
          N
          N
          N
        
      
      
        Telkom SA SOC Ltd
        N/A
        Telkom SA SOC Ltd
        000000000
        
          
        
        76362.00000000
        NS
        
        221091.72000000
        0.472347526395
        Long
        EC
        CORP
        ZA
        N
        
        2
        
          N
          N
          N
        
      
      
        Tsingtao Brewery Co Ltd
        300300OJ7D0Q1ESE8L15
        Tsingtao Brewery Co Ltd
        000000000
        
          
        
        2000.00000000
        NS
        
        15807.49000000
        0.033771634686
        Long
        EC
        CORP
        CN
        N
        
        2
        
          N
          N
          N
        
      
      
        GT Capital Holdings Inc
        254900P0ZPSRAHUO2131
        GT Capital Holdings Inc
        000000000
        
          
        
        11890.00000000
        NS
        
        129351.22000000
        0.276350144651
        Long
        EC
        CORP
        PH
        N
        
        2
        
          N
          N
          N
        
      
      
        Komercni banka as
        IYKCAVNFR8QGF00HV840
        Komercni banka as
        000000000
        
          
        
        7329.00000000
        NS
        
        272057.62000000
        0.581232729312
        Long
        EC
        CORP
        CZ
        N
        
        2
        
          N
          N
          N
        
      
      
        Sime Darby Bhd
        N/A
        Sime Darby Bhd
        000000000
        
          
        
        251000.00000000
        NS
        
        127882.83000000
        0.273213028596
        Long
        EC
        CORP
        MY
        N
        
        2
        
          N
          N
          N
        
      
      
        AMOREPACIFIC Group
        N/A
        AMOREPACIFIC Group
        000000000
        
          
        
        448.00000000
        NS
        
        15877.06000000
        0.033920266292
        Long
        EP
        CORP
        KR
        N
        
        2
        
          N
          N
          N
        
      
      
        JSE Ltd
        213800MZ1VUQEBWRFO39
        JSE Ltd
        000000000
        
          
        
        39862.00000000
        NS
        
        278843.91000000
        0.595731179525
        Long
        EC
        CORP
        ZA
        N
        
        2
        
          N
          N
          N
        
      
      
        MediaTek Inc
        254900UEGBK1I4DM4E14
        MediaTek Inc
        000000000
        
          
        
        5000.00000000
        NS
        
        163489.24000000
        0.349283718568
        Long
        EC
        CORP
        TW
        N
        
        2
        
          N
          N
          N
        
      
      
        Gentera SAB de CV
        N/A
        Gentera SAB de CV
        000000000
        
          
        
        662044.00000000
        NS
        
        385128.77000000
        0.822801604027
        Long
        EC
        CORP
        MX
        N
        
        1
        
          N
          N
          N
        
      
      
        African Rainbow Minerals Ltd
        529900L3TPSCK8ZVZ589
        African Rainbow Minerals Ltd
        000000000
        
          
        
        4957.00000000
        NS
        
        100890.71000000
        0.215546187368
        Long
        EC
        CORP
        ZA
        N
        
        2
        
          N
          N
          N
        
      
      
        Infosys Ltd
        335800TYLGG93MM7PR89
        Infosys Ltd
        456788108
        
          
        
        6235.00000000
        NS
        USD
        137918.20000000
        0.294652918774
        Long
        EC
        CORP
        IN
        N
        
        1
        
          N
          N
          N
        
      
      
        Bank Central Asia Tbk PT
        254900BR956G2OHVOM21
        Bank Central Asia Tbk PT
        000000000
        
          
        
        86700.00000000
        NS
        
        178979.74000000
        0.382378125530
        Long
        EC
        CORP
        ID
        N
        
        2
        
          N
          N
          N
        
      
      
        Kasikornbank PCL
        5493004COSQ54937AW41
        Kasikornbank PCL
        000000000
        
          
        
        96700.00000000
        NS
        
        303037.96000000
        0.647420133191
        Long
        EC
        CORP
        TH
        N
        
        1
        
          N
          N
          N
        
      
      
        Globaltrans Investment PLC
        213800D6EVVEJJW3MD09
        Globaltrans Investment PLC
        37949E204
        
          
        
        19327.00000000
        NS
        USD
        151910.22000000
        0.324545924429
        Long
        EC
        CORP
        CY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Chroma ATE Inc
        N/A
        Chroma ATE Inc
        000000000
        
          
        
        60000.00000000
        NS
        
        422660.01000000
        0.902984563282
        Long
        EC
        CORP
        TW
        N
        
        2
        
          N
          N
          N
        
      
      
        Cie Financiere Richemont SA
        549300YIPGJ6UX2QPS51
        Cie Financiere Richemont SA
        000000000
        
          
        
        19355.00000000
        NS
        
        247013.19000000
        0.527726996214
        Long
        EC
        CORP
        CH
        N
        
        2
        
          N
          N
          N
        
      
      
        Uni-President China Holdings Ltd
        529900JUA05094TOKA73
        Uni-President China Holdings Ltd
        000000000
        
          
        
        262000.00000000
        NS
        
        263430.47000000
        0.562801406048
        Long
        EC
        CORP
        KY
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Delfi Ltd
        N/A
        Delfi Ltd
        000000000
        
          
        
        512200.00000000
        NS
        
        319670.71000000
        0.682954880126
        Long
        EC
        CORP
        SG
        N
        
        2
        
          N
          N
          N
        
      
      
        Techtronic Industries Co Ltd
        549300HZW2SBE758OK89
        Techtronic Industries Co Ltd
        000000000
        
          
        
        9500.00000000
        NS
        
        169406.67000000
        0.361925908077
        Long
        EC
        CORP
        HK
        N
        
        2
        
          N
          N
          N
        
      
      
        China Mengniu Dairy Co Ltd
        2549005Q343BSJ8RSS21
        China Mengniu Dairy Co Ltd
        000000000
        
          
        
        43000.00000000
        NS
        
        233464.75000000
        0.498781669268
        Long
        EC
        CORP
        KY
        
        N
        
        2
        
          N
          N
          N
        
      
      
        UNTRADE.TIANHE CHEM
        N/A
        UNTRADE.TIANHE CHEM
        000000000
        
          
        
        2684000.00000000
        NS
        
        0.00000000
        0.000000
        Long
        EC
        CORP
        HK
        N
        
        3
        
          N
          N
          N
        
      
      
        Bank Mandiri Persero Tbk PT
        549300RSKQN4Z5ZSGH94
        Bank Mandiri Persero Tbk PT
        000000000
        
          
        
        468300.00000000
        NS
        
        184522.46000000
        0.394219772433
        Long
        EC
        CORP
        ID
        N
        
        2
        
          N
          N
          N
        
      
      
        Want Want China Holdings Ltd
        5299005HZCEKX4O1J230
        Want Want China Holdings Ltd
        000000000
        
          
        
        607000.00000000
        NS
        
        409728.81000000
        0.875357927905
        Long
        EC
        CORP
        KY
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Itausa SA
        N/A
        Itausa SA
        000000000
        
          
        
        11000.00000000
        NS
        
        23591.42000000
        0.050401475374
        Long
        EP
        CORP
        BR
        N
        
        1
        
          N
          N
          N
        
      
      
        Samsung Fire & Marine Insurance Co Ltd
        988400JMBDK47EW0Z936
        Samsung Fire & Marine Insurance Co Ltd
        000000000
        
          
        
        3282.00000000
        NS
        
        612250.40000000
        1.308031625854
        Long
        EC
        CORP
        KR
        N
        
        2
        
          N
          N
          N
        
      
      
        Hana Financial Group Inc
        N/A
        Hana Financial Group Inc
        000000000
        
          
        
        4826.00000000
        NS
        
        182078.29000000
        0.388997968317
        Long
        EC
        CORP
        KR
        N
        
        2
        
          N
          N
          N
        
      
      
        LUKOIL PJSC
        549300LCJ1UJXHYBWI24
        LUKOIL PJSC
        69343P105
        
          
        
        235.00000000
        NS
        USD
        20184.15000000
        0.043122073159
        Long
        EC
        CORP
        RU
        N
        
        1
        
          N
          N
          N
        
      
      
        Bank of the Philippine Islands
        549300UW4UH6XT2X8C50
        Bank of the Philippine Islands
        000000000
        
          
        
        105490.00000000
        NS
        
        170112.42000000
        0.363433695283
        Long
        EC
        CORP
        PH
        N
        
        2
        
          N
          N
          N
        
      
      
        Zhongsheng Group Holdings Ltd
        3003005VYMEBAJNJ2Y26
        Zhongsheng Group Holdings Ltd
        000000000
        
          
        
        18000.00000000
        NS
        
        165892.28000000
        0.354417651217
        Long
        EC
        CORP
        KY
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Severstal PAO
        213800OKDPTV6K4ONO53
        Severstal PAO
        818150302
        
          
        
        3305.00000000
        NS
        USD
        81303.00000000
        0.173698367982
        Long
        EC
        CORP
        RU
        N
        
        1
        
          N
          N
          N
        
      
      
        United Tractors Tbk PT
        529900N9ELYOWQV4FW14
        United Tractors Tbk PT
        000000000
        
          
        
        86500.00000000
        NS
        
        117036.30000000
        0.250040149868
        Long
        EC
        CORP
        ID
        N
        
        2
        
          N
          N
          N
        
      
      
        Raubex Group Ltd
        N/A
        Raubex Group Ltd
        000000000
        
          
        
        164937.00000000
        NS
        
        320133.65000000
        0.683943920167
        Long
        EC
        CORP
        ZA
        N
        
        2
        
          N
          N
          N
        
      
      
        Qualitas Controladora SAB de CV
        N/A
        Qualitas Controladora SAB de CV
        000000000
        
          
        
        21006.00000000
        NS
        
        102063.44000000
        0.218051645802
        Long
        EC
        CORP
        MX
        N
        
        1
        
          N
          N
          N
        
      
      
        Bharti Airtel Ltd
        335800KQ1FPKOQ84OR26
        Bharti Airtel Ltd
        000000000
        
          
        
        117506.00000000
        NS
        
        893744.18000000
        1.909424073651
        Long
        EC
        CORP
        IN
        N
        
        2
        
          N
          N
          N
        
      
      
        Grupo Aval Acciones y Valores SA
        549300BBUKBHWLSUZM17
        Grupo Aval Acciones y Valores SA
        000000000
        
          
        
        141292.00000000
        NS
        
        37308.67000000
        0.079707453483
        Long
        EP
        CORP
        CO
        N
        
        1
        
          N
          N
          N
        
      
      
        Porto Seguro SA
        N/A
        Porto Seguro SA
        000000000
        
          
        
        129039.00000000
        NS
        
        1279922.19000000
        2.734467308069
        Long
        EC
        CORP
        BR
        N
        
        1
        
          N
          N
          N
        
      
      
        Stella International Holdings Ltd
        N/A
        Stella International Holdings Ltd
        000000000
        
          
        
        161000.00000000
        NS
        
        205333.96000000
        0.438682136494
        Long
        EC
        CORP
        KY
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Uni-President Enterprises Corp
        254900DAXBDMVEXU5959
        Uni-President Enterprises Corp
        000000000
        
          
        
        184000.00000000
        NS
        
        482564.49000000
        1.030966438624
        Long
        EC
        CORP
        TW
        N
        
        2
        
          N
          N
          N
        
      
      
        Mahindra & Mahindra Ltd
        3358003B573EV4KB4Z02
        Mahindra & Mahindra Ltd
        000000000
        
          
        
        32535.00000000
        NS
        
        326390.21000000
        0.697310638015
        Long
        EC
        CORP
        IN
        N
        
        2
        
          N
          N
          N
        
      
      
        Major Cineplex Group PCL
        529900PH2X6YH1YMV287
        Major Cineplex Group PCL
        000000000
        
          
        
        615900.00000000
        NS
        
        365408.08000000
        0.780669681853
        Long
        EC
        CORP
        TH
        N
        
        1
        
          N
          N
          N
        
      
      
        Yum China Holdings Inc
        529900DO9BYZ7VA3K502
        Yum China Holdings Inc
        98850P109
        
          
        
        12035.00000000
        NS
        USD
        748456.65000000
        1.599027079085
        Long
        EC
        CORP
        US
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Eurobank Ergasias Services and Holdings SA
        JEUVK5RWVJEN8W0C9M24
        Eurobank Ergasias Services and Holdings SA
        000000000
        
          
        
        1574197.00000000
        NS
        
        1483716.33000000
        3.169859723139
        Long
        EC
        CORP
        GR
        N
        
        2
        
          N
          N
          N
        
      
      
        LOG Commercial Properties e Participacoes SA
        N/A
        LOG Commercial Properties e Participacoes SA
        000000000
        
          
        
        34738.00000000
        NS
        
        191490.04000000
        0.409105536486
        Long
        EC
        CORP
        BR
        N
        
        1
        
          N
          N
          N
        
      
      
        Jardine Cycle & Carriage Ltd
        254900WEP6OCEXFWML09
        Jardine Cycle & Carriage Ltd
        000000000
        
          
        
        16800.00000000
        NS
        
        254164.12000000
        0.543004475158
        Long
        EC
        CORP
        SG
        N
        
        2
        
          N
          N
          N
        
      
      
        Li Ning Co Ltd
        529900T77L2FV3FZ3U81
        Li Ning Co Ltd
        000000000
        
          
        
        18000.00000000
        NS
        
        190103.63000000
        0.406143565164
        Long
        EC
        CORP
        KY
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Fomento Economico Mexicano SAB de CV
        549300A8MDWDJNMLV153
        Fomento Economico Mexicano SAB de CV
        344419106
        
          
        
        11896.00000000
        NS
        USD
        1039353.52000000
        2.220508593547
        Long
        EC
        CORP
        MX
        N
        
        1
        
          N
          N
          N
        
      
      
        LG Corp
        N/A
        LG Corp
        000000000
        
          
        
        6232.00000000
        NS
        
        510753.40000000
        1.091190140851
        Long
        EC
        CORP
        KR
        N
        
        2
        
          N
          N
          N
        
      
      
        Cia Sud Americana de Vapores SA
        549300F26ZOE5LM26551
        Cia Sud Americana de Vapores SA
        000000000
        
          
        
        8110898.00000000
        NS
        
        636785.95000000
        1.360450171203
        Long
        EC
        CORP
        CL
        N
        
        1
        
          N
          N
          N
        
      
      
        Freeport-McMoRan Inc
        549300IRDTHJQ1PVET45
        Freeport-McMoRan Inc
        35671D857
        
          
        
        8460.00000000
        NS
        USD
        322326.00000000
        0.688627727862
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Delta Electronics Inc
        529900UVZWNWGDLJSM52
        Delta Electronics Inc
        000000000
        
          
        
        69000.00000000
        NS
        
        710971.96000000
        1.518943570760
        Long
        EC
        CORP
        TW
        N
        
        2
        
          N
          N
          N
        
      
      
        Capitec Bank Holdings Ltd
        N/A
        Capitec Bank Holdings Ltd
        000000000
        
          
        
        781.00000000
        NS
        
        86693.13000000
        0.185214016657
        Long
        EC
        CORP
        ZA
        N
        
        2
        
          N
          N
          N
        
      
      
        King Slide Works Co Ltd
        N/A
        King Slide Works Co Ltd
        000000000
        
          
        
        31000.00000000
        NS
        
        413202.29000000
        0.882778783313
        Long
        EC
        CORP
        TW
        N
        
        2
        
          N
          N
          N
        
      
      
        AMOREPACIFIC Group
        N/A
        AMOREPACIFIC Group
        000000000
        
          
        
        6878.00000000
        NS
        
        344749.38000000
        0.736533764671
        Long
        EC
        CORP
        KR
        N
        
        2
        
          N
          N
          N
        
      
      
        Naspers Ltd
        21380044BQ8812EEKT59
        Naspers Ltd
        000000000
        
          
        
        846.00000000
        NS
        
        163261.26000000
        0.348796654696
        Long
        EC
        CORP
        ZA
        N
        
        2
        
          N
          N
          N
        
      
      
        Vipshop Holdings Ltd
        549300I9F52K06HPZX60
        Vipshop Holdings Ltd
        92763W103
        
          
        
        3849.00000000
        NS
        USD
        64008.87000000
        0.136750627349
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        PSG Group Ltd
        378900CD0BEE79F35A34
        PSG Group Ltd
        000000000
        
          
        
        22884.00000000
        NS
        
        118640.63000000
        0.253467692550
        Long
        EC
        CORP
        ZA
        N
        
        2
        
          N
          N
          N
        
      
      
        Genomma Lab Internacional SAB de CV
        N/A
        Genomma Lab Internacional SAB de CV
        000000000
        
          
        
        699702.00000000
        NS
        
        677689.40000000
        1.447837629352
        Long
        EC
        CORP
        MX
        N
        
        1
        
          N
          N
          N
        
      
      
        Anglo American PLC
        549300S9XF92D1X8ME43
        Anglo American PLC
        000000000
        
          
        
        7613.00000000
        NS
        
        338247.13000000
        0.722642146733
        Long
        EC
        CORP
        GB
        
        N
        
        2
        
          N
          N
          N
        
      
      
        PChome Online Inc
        N/A
        PChome Online Inc
        000000000
        
          
        
        88000.00000000
        NS
        
        414074.83000000
        0.884642906088
        Long
        EC
        CORP
        TW
        N
        
        2
        
          N
          N
          N
        
      
      
        S-1 Corp
        N/A
        S-1 Corp
        000000000
        
          
        
        3086.00000000
        NS
        
        216209.98000000
        0.461918018616
        Long
        EC
        CORP
        KR
        N
        
        2
        
          N
          N
          N
        
      
      
        Baidu Inc
        254900AL64IANZYI1E02
        Baidu Inc
        056752108
        
          
        
        7067.00000000
        NS
        USD
        1159058.67000000
        2.476250561176
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        BAIC Motor Corp Ltd
        5299003EYHISIDNLZQ19
        BAIC Motor Corp Ltd
        000000000
        
          
        
        195500.00000000
        NS
        
        69793.31000000
        0.149108692706
        Long
        EC
        CORP
        CN
        N
        
        2
        
          N
          N
          N
        
      
      
        Anglo American Platinum Ltd
        529900RORCZ0E5S5FX81
        Anglo American Platinum Ltd
        000000000
        
          
        
        3490.00000000
        NS
        
        456822.94000000
        0.975971355732
        Long
        EC
        CORP
        ZA
        N
        
        2
        
          N
          N
          N
        
      
      
        Cairo Mezz PLC
        213800H1KVX979YA5365
        Cairo Mezz PLC
        000000000
        
          
        
        141227.00000000
        NS
        
        19567.55000000
        0.041804748907
        Long
        EC
        CORP
        CY
        N
        
        1
        
          N
          N
          N
        
      
      
        Fourlis Holdings SA
        213800V54ASIMZREDX49
        Fourlis Holdings SA
        000000000
        
          
        
        55710.00000000
        NS
        
        275439.80000000
        0.588458528436
        Long
        EC
        CORP
        GR
        N
        
        2
        
          N
          N
          N
        
      
      
        Shenzhou International Group Holdings Ltd
        529900B4W41TCUKJFM73
        Shenzhou International Group Holdings Ltd
        000000000
        
          
        
        10300.00000000
        NS
        
        228590.73000000
        0.488368654748
        Long
        EC
        CORP
        KY
        
        N
        
        2
        
          N
          N
          N
        
      
      
        Housing Development Finance Corp Ltd
        335800OX2H9AP7NHLT64
        Housing Development Finance Corp Ltd
        000000000
        
          
        
        15717.00000000
        NS
        
        517694.40000000
        1.106019118529
        Long
        EC
        CORP
        IN
        N
        
        2
        
          N
          N
          N
        
      
      
        Tiger Brands Ltd
        529900C57HAFZAHHBC90
        Tiger Brands Ltd
        000000000
        
          
        
        72923.00000000
        NS
        
        960111.56000000
        2.051213498313
        Long
        EC
        CORP
        ZA
        N
        
        2
        
          N
          N
          N
        
      
      
        Ulker Biskuvi Sanayi AS
        7890009HEU9BS7J3DA93
        Ulker Biskuvi Sanayi AS
        000000000
        
          
        
        52345.00000000
        NS
        
        123909.93000000
        0.264725196091
        Long
        EC
        CORP
        TR
        N
        
        2
        
          N
          N
          N
        
      
      
        SK Hynix Inc
        988400XAIK6XISWQV045
        SK Hynix Inc
        000000000
        
          
        
        5862.00000000
        NS
        
        573867.95000000
        1.226030113927
        Long
        EC
        CORP
        KR
        N
        
        2
        
          N
          N
          N
        
      
      
        Grupo Televisa SAB
        549300O4AF0C816ILN62
        Grupo Televisa SAB
        40049J206
        
          
        
        25015.00000000
        NS
        USD
        338953.25000000
        0.724150724419
        Long
        EC
        CORP
        MX
        N
        
        1
        
          N
          N
          N
        
      
      
        Giant Manufacturing Co Ltd
        549300M7TYVF50B2GY12
        Giant Manufacturing Co Ltd
        000000000
        
          
        
        92628.00000000
        NS
        
        1066748.24000000
        2.279035562482
        Long
        EC
        CORP
        TW
        N
        
        2
        
          N
          N
          N
        
      
      
        Advantech Co Ltd
        2549002OSTKE9HB9IY03
        Advantech Co Ltd
        000000000
        
          
        
        9000.00000000
        NS
        
        117468.82000000
        0.250964199634
        Long
        EC
        CORP
        TW
        N
        
        2
        
          N
          N
          N
        
      
      
        Clicks Group Ltd
        378900E967958A677472
        Clicks Group Ltd
        000000000
        
          
        
        5483.00000000
        NS
        
        99259.26000000
        0.212060704637
        Long
        EC
        CORP
        ZA
        N
        
        2
        
          N
          N
          N
        
      
      
        PriceSmart Inc
        549300JVYOSTGVSDZS46
        PriceSmart Inc
        741511109
        
          
        
        2561.00000000
        NS
        USD
        229824.14000000
        0.491003751903
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Taiwan Semiconductor Manufacturing Co Ltd
        549300KB6NK5SBD14S87
        Taiwan Semiconductor Manufacturing Co Ltd
        000000000
        
          
        
        161000.00000000
        NS
        
        3364818.82000000
        7.188708136130
        Long
        EC
        CORP
        TW
        N
        
        2
        
          N
          N
          N
        
      
      
        Grupo Financiero Inbursa SAB de CV
        N/A
        Grupo Financiero Inbursa SAB de CV
        000000000
        
          
        
        1120695.00000000
        NS
        
        1079245.12000000
        2.305734302515
        Long
        EC
        CORP
        MX
        N
        
        1
        
          N
          N
          N
        
      
      
        Embraer SA
        549300EM51WYXFHUY333
        Embraer SA
        000000000
        
          
        
        55113.00000000
        NS
        
        196716.88000000
        0.420272327105
        Long
        EC
        CORP
        BR
        N
        
        1
        
          N
          N
          N
        
      
      
        Quinenco SA
        N/A
        Quinenco SA
        000000000
        
          
        
        230284.00000000
        NS
        
        438485.91000000
        0.936795529690
        Long
        EC
        CORP
        CL
        N
        
        1
        
          N
          N
          N
        
      
      
        LUKOIL PJSC
        549300LCJ1UJXHYBWI24
        LUKOIL PJSC
        69343P105
        
          
        
        2146.00000000
        NS
        USD
        183881.67000000
        0.392850767880
        Long
        EC
        CORP
        RU
        N
        
        2
        
          N
          N
          N
        
      
      
        Pepkor Holdings Ltd
        N/A
        Pepkor Holdings Ltd
        000000000
        
          
        
        80139.00000000
        NS
        
        114565.14000000
        0.244760683439
        Long
        EC
        CORP
        ZA
        N
        
        2
        
          N
          N
          N
        
      
      
        AIA Group Ltd
        ZP5ILWVSYE4LJGMMVD57
        AIA Group Ltd
        000000000
        
          
        
        29200.00000000
        NS
        
        349400.21000000
        0.746469948831
        Long
        EC
        CORP
        HK
        N
        
        2
        
          N
          N
          N
        
      
      
        Kimberly-Clark de Mexico SAB de CV
        549300JGHL56QT00KT54
        Kimberly-Clark de Mexico SAB de CV
        000000000
        
          
        
        353598.00000000
        NS
        
        573394.96000000
        1.225019602739
        Long
        EC
        CORP
        MX
        N
        
        1
        
          N
          N
          N
        
      
      
        LPS Brasil Consultoria de Imoveis SA
        N/A
        LPS Brasil Consultoria de Imoveis SA
        000000000
        
          
        
        18700.00000000
        NS
        
        15187.64000000
        0.032447367028
        Long
        EC
        CORP
        BR
        N
        
        1
        
          N
          N
          N
        
      
      
        Bid Corp Ltd
        N/A
        Bid Corp Ltd
        000000000
        
          
        
        4206.00000000
        NS
        
        92380.29000000
        0.197364249865
        Long
        EC
        CORP
        ZA
        N
        
        2
        
          N
          N
          N
        
      
      
        Ambev SA
        549300TH5Q6VRP8OT012
        Ambev SA
        000000000
        
          
        
        160970.00000000
        NS
        
        514288.06000000
        1.098741703197
        Long
        EC
        CORP
        BR
        N
        
        1
        
          N
          N
          N
        
      
      
        HDFC Bank Ltd
        335800ZQ6I4E2JXENC50
        HDFC Bank Ltd
        40415F101
        
          
        
        4447.00000000
        NS
        USD
        313824.79000000
        0.670465466902
        Long
        EC
        CORP
        IN
        N
        
        1
        
          N
          N
          N
        
      
      
        X5 Retail Group NV
        213800J17UJJJDGUVF56
        X5 Retail Group NV
        98387E205
        
          
        
        1652.00000000
        NS
        USD
        53491.76000000
        0.114281532200
        Long
        EC
        CORP
        NL
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Remgro Ltd
        N/A
        Remgro Ltd
        000000000
        
          
        
        65522.00000000
        NS
        
        498333.81000000
        1.064656525683
        Long
        EC
        CORP
        ZA
        N
        
        2
        
          N
          N
          N
        
      
      
        Industrias Bachoco SAB de CV
        254900CZQ27EMGKCHG63
        Industrias Bachoco SAB de CV
        000000000
        
          
        
        74249.00000000
        NS
        
        270420.22000000
        0.577734534808
        Long
        EC
        CORP
        MX
        N
        
        1
        
          N
          N
          N
        
      
      
        JUMBO SA
        549300TGIVUUMY40MZ05
        JUMBO SA
        000000000
        
          
        
        32894.00000000
        NS
        
        522584.87000000
        1.116467277363
        Long
        EC
        CORP
        GR
        N
        
        2
        
          N
          N
          N
        
      
      
        Genpact Ltd
        529900OSEC6Q0L4L5B35
        Genpact Ltd
        000000000
        
          
        
        11582.00000000
        NS
        USD
        576899.42000000
        1.232506644825
        Long
        EC
        CORP
        BM
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Bancolombia SA
        54930052NWJRPNMP1W58
        Bancolombia SA
        05968L102
        
          
        
        9747.00000000
        NS
        USD
        277302.15000000
        0.592437313421
        Long
        EC
        CORP
        CO
        N
        
        1
        
          N
          N
          N
        
      
      
        First Quantum Minerals Ltd
        549300I7UVBGWRYMYZ18
        First Quantum Minerals Ltd
        000000000
        
          
        
        4305.00000000
        NS
        
        92200.71000000
        0.196980589324
        Long
        EC
        CORP
        CA
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Grindrod Ltd
        N/A
        Grindrod Ltd
        000000000
        
          
        
        344067.00000000
        NS
        
        104416.15000000
        0.223078051806
        Long
        EC
        CORP
        ZA
        N
        
        2
        
          N
          N
          N
        
      
    
    
      2021-08-29
      HARBOR FUNDS
      Gregg Boland
      Gregg Boland
      Vice President, Harbor Funds
    
  
  XXXX
EDGAR HTML
 
 
Quarterly Portfolios of Investments
July 31, 2021
International & Global Funds
 
 
Retirement
Class
Institutional
Class
Administrative
Class
Investor
Class
Harbor Diversified International
All Cap Fund
HNIDX
HAIDX
HRIDX
HIIDX
Harbor Emerging Markets Equity
Fund
HNEMX
HAEMX
HREMX
HIEEX
Harbor Focused International
Fund
HNFRX
HNFSX
HNFDX
HNFIX
Harbor Global Leaders Fund
HNGIX
HGGAX
HRGAX
HGGIX
Harbor International Fund
HNINX
HAINX
HRINX
HIINX
Harbor International Growth Fund
HNGFX
HAIGX
HRIGX
HIIGX
Harbor International Small Cap
Fund
HNISX
HAISX
HRISX
HIISX
Harbor Overseas Fund
HAORX
HAOSX
HAOAX
HAONX
Table of Contents
 
1
8
11
13
15
21
24
26
31
Harbor Diversified International All Cap Fund

Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands  
COMMON STOCKS—97.8%
    
    
Shares
 
Value
AEROSPACE & DEFENSE—0.9%
 
    20,273
Airbus SE (France)*
$2,781
 
   351,687
BAE Systems plc (United Kingdom)
    2,820
 
   298,047
Embraer SA (Brazil)*
    1,064
 
 1,543,712
Rolls-Royce Holdings plc (United Kingdom)*
    2,132
 
    13,569
Thales SA (France)
    1,424
 
 
 
   10,221
AIR FREIGHT & LOGISTICS—0.1%
 
    27,011
Oesterreichische Post AG (Austria)
    1,426
AIRLINES—0.5%
 
   172,044
Air Canada (Canada)*
    3,445
 
   150,017
EasyJet plc (United Kingdom)
    1,760
 
   287,541
Qantas Airways Ltd. (Australia)*
      969
 
 
 
    6,174
AUTO COMPONENTS—1.1%
 
    57,500
Bridgestone Corp. (Japan)
    2,533
 
   269,522
Gestamp Automocion SA (Spain)*,1
    1,318
 
   214,184
GUD Holdings Ltd. (Australia)
    1,855
 
    24,718
Hankook Tire & Technology Co. Ltd. (South Korea)
    1,040
 
   146,500
Johnson Electric Holdings Ltd. (Hong Kong)
      343
 
    16,900
Koito Manufacturing Co. Ltd. (Japan)
    1,034
 
    35,056
Magna International Inc. (Canada)
    2,939
 
    43,600
Sumitomo Electric Industries Ltd. (Japan)
      620
 
    13,100
Toyota Industries Corp. (Japan)
    1,099
 
 
 
   12,781
AUTOMOBILES—1.2%
 
 1,253,931
BAIC Motor Corp. Ltd. (China)1
      448
 
    31,225
Bayerische Motoren Werke AG (Germany)
    3,105
 
   233,586
Mahindra & Mahindra Ltd. (India)
    2,343
 
    92,900
Toyota Motor Corp. (Japan)
    8,340
 
 
 
   14,236
BANKS—9.0%
 
   174,691
Australia & New Zealand Banking Group Ltd.
(Australia)
    3,556
 
   733,674
Axis Bank Ltd. (India)*
    7,011
 
    67,937
Bancolombia SA ADR (Colombia)2
    1,933
 
   797,900
Bank Central Asia TBK PT (Indonesia)
    1,647
 
 2,981,500
Bank Mandiri Persero TBK PT (Indonesia)
    1,175
 
   683,224
Bank of Ireland Group plc (Ireland)*
    3,625
 
    67,147
Bank of Nova Scotia (Canada)
    4,191
 
   776,040
Bank of The Philippine Islands (Philippines)
    1,251
 
 3,630,047
Barclays plc (United Kingdom)
    8,781
 
   122,671
BNP Paribas SA (France)
    7,480
 
   976,205
Caixabank SA (Spain)
    2,899
 
     9,216
Capitec Bank Holdings Ltd. (South Africa)
    1,023
 
    41,098
Close Brothers Group plc (United Kingdom)
      881
 
    23,807
Danske Bank AS (Denmark)
      417
 
   168,947
DBS Group Holdings Ltd. (Singapore)
    3,780
 
    97,065
DNB Bank ASA (Norway)
    1,988
 
11,437,876
Eurobank Ergasias SA (Greece)*
   10,780
 
    34,100
Fukuoka Financial Group Inc. (Japan)
      575
 
 8,327,045
Grupo Financiero Inbursa SAB de CV (Mexico)
    8,019
 
    22,431
Hana Financial Group Inc. (South Korea)
      846
 
    46,846
HDFC Bank Ltd. ADR (India)2
    3,306
 
   249,162
HSBC Holdings plc (Hong Kong)
    1,375
 
   289,521
Intesa Sanpaolo SpA (Italy)
      800
 
   713,300
Kasikornbank PCL (Thailand)
    2,235
 
    44,224
Komercni Banka AS (Czech Republic)*
    1,642
 
10,856,612
Lloyds Banking Group plc (United Kingdom)
    6,864
COMMON STOCKS—Continued
    
    
Shares
 
Value
BANKS—Continued
 
 1,014,800
Resona Holdings Inc. (Japan)
    $3,810
 
   277,083
Standard Chartered plc (United Kingdom)
    1,661
 
    75,100
Sumitomo Mitsui Financial Group Inc. (Japan)
    2,532
 
    65,000
Sumitomo Mitsui Trust Holdings Inc. (Japan)
    2,134
 
   317,818
Svenska Handelsbanken AB (Sweden)
    3,582
 
   367,907
UniCredit SpA (Italy)
    4,401
 
   115,382
United Overseas Bank Ltd. (Singapore)
    2,231
 
 
 
  108,431
BEVERAGES—3.5%
 
   913,077
AmBev SA (Brazil)
    2,917
 
    38,948
Anheuser-Busch InBev SA (Belgium)
    2,458
 
    14,000
Asahi Group Holdings Ltd. (Japan)
      630
 
    17,850
Carlsberg AS (Denmark)
    3,299
 
    32,668
Coca-Cola Europacific Partners plc (United States)
    2,028
 
   141,360
Davide Campari-Milano NV (Italy)
    1,987
 
   112,752
Diageo plc (United Kingdom)
    5,591
 
 1,145,334
East African Breweries Ltd. (Kenya)*
    1,921
 
    81,276
Fomento Economico Mexicano SAB de CV ADR
(Mexico)2
    7,101
 
    45,756
Heineken NV (Netherlands)
    5,328
 
   290,200
Kirin Holdings Co. Ltd. (Japan)
    5,308
 
     4,301
Pernod Ricard SA (France)
      949
 
    22,000
Suntory Beverage & Food Ltd. (Japan)
      771
 
 3,755,700
Thai Beverage PCL (Singapore)
    1,799
 
 
 
   42,087
BUILDING PRODUCTS—1.5%
 
   228,774
Assa Abloy AB Class B (Sweden)
    7,338
 
     8,727
Geberit AG (Switzerland)
    7,166
 
   256,640
GWA Group Ltd. (Australia)
      530
 
    96,500
LIXIL Group Corp. (Japan)
    2,633
 
 
 
   17,667
CAPITAL MARKETS—2.5%
 
   334,613
3i Group plc (United Kingdom)
    5,947
 
   217,588
Brookfield Asset Management Inc. (Canada)
   11,746
 
    92,900
Daiwa Securities Group Inc. (Japan)
      488
 
    47,783
Georgia Capital plc (United Kingdom)*
      418
 
   154,399
IG Group Holdings plc (United Kingdom)
    1,913
 
    18,500
JAFCO Group Co. Ltd. (Japan)
    1,057
 
    17,200
Japan Exchange Group Inc. (Japan)
      391
 
   509,760
Jupiter Fund Management plc (United Kingdom)
    1,916
 
   450,200
Nomura Holdings Inc. (Japan)
    2,254
 
    21,873
Rathbone Brothers plc (United Kingdom)
      570
 
   143,705
St. James's Place plc (United Kingdom)
    3,166
 
    34,513
UBS Group AG (Switzerland)
      569
 
 
 
   30,435
CHEMICALS—1.1%
 
   100,400
Air Water Inc. (Japan)
    1,501
 
    62,191
BASF SE (Germany)
    4,887
 
    35,665
Enaex SA (Chile)
      361
 
     1,400
Nippon Shokubai Co. Ltd. (Japan)
       67
 
    33,100
Nissan Chemical Corp. (Japan)
    1,622
 
     6,900
Nitto Denko Corp. (Japan)
      513
 
   139,228
Orica Ltd. (Australia)
    1,270
 
     7,600
Shin-Etsu Chemical Co. Ltd. (Japan)
    1,240
 
    15,700
Sumitomo Bakelite Co. Ltd. (Japan)
      683
 
    16,600
Tokyo Ohka Kogyo Co. Ltd. (Japan)
    1,076
 
 
 
   13,220
1
Harbor Diversified International All Cap Fund

Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands 
COMMON STOCKS—Continued
    
    
Shares
 
Value
COMMERCIAL SERVICES & SUPPLIES—1.8%
 
    11,000
AEON Delight Co. Ltd. (Japan)
      $362
 
   303,744
Brambles Ltd. (Australia)
    2,600
 
 1,385,189
Cleanaway Waste Management Ltd. (Australia)
    2,596
 
    27,596
Elis SA (France)*
      495
 
   353,768
HomeServe plc (United Kingdom)
    4,590
 
    81,987
Ritchie Bros Auctioneers Inc. (Canada)
    4,894
 
    22,291
S-1 Corp. (South Korea)
    1,562
 
    16,200
Secom Co. Ltd. (Japan)
    1,226
 
 1,267,918
Serco Group plc (United Kingdom)
    2,493
 
    19,800
Sohgo Security Services Co. Ltd. (Japan)
      926
 
 
 
   21,744
CONSTRUCTION & ENGINEERING—0.8%
 
    52,106
Boskalis Westminster NV (Netherlands)
    1,640
 
    22,838
Ferrovial SA (Spain)
      678
 
   130,300
Maeda Corp. (Japan)
    1,095
 
   360,000
Obayashi Corp. (Japan)
    2,944
 
   209,600
Penta-Ocean Construction Co. Ltd. (Japan)
    1,420
 
 1,196,307
Raubex Group Ltd. (South Africa)
    2,322
 
 
 
   10,099
CONSTRUCTION MATERIALS—1.2%
 
    17,618
CRH plc (Ireland)
      881
 
   249,708
Fletcher Building Ltd. (New Zealand)
    1,330
 
    60,072
Holcim Ltd. (Switzerland)*
    3,522
 
     6,224
Imerys SA (France)
      288
 
    39,040
James Hardie Industries PLC CDI (Australia)2
    1,317
 
   124,400
Taiheiyo Cement Corp. (Japan)
    2,898
 
     9,661
Vicat SA (France)
      487
 
    86,845
Wienerberger AG (Austria)
    3,550
 
 
 
   14,273
CONSUMER FINANCE—0.9%
 
 4,803,481
Gentera SAB de CV (Mexico)*
    2,794
 
   354,952
International Personal Finance plc (United Kingdom)
      737
 
   329,768
Non-Standard Finance plc (United Kingdom)*,1
       17
 
   257,177
Provident Financial plc (United Kingdom)*
    1,012
 
   306,696
Shriram Transport Finance Co. Ltd. (India)
    5,781
 
 
 
   10,341
CONTAINERS & PACKAGING—0.4%
 
   576,153
DS Smith plc (United Kingdom)
    3,385
 
   113,200
Toyo Seikan Group Holdings Ltd. (Japan)
    1,540
 
 
 
    4,925
DISTRIBUTORS—0.4%
 
   269,183
Inchcape plc (United Kingdom)
    3,180
 
   114,900
Jardine Cycle & Carriage Ltd. (Singapore)
    1,738
 
 
 
    4,918
DIVERSIFIED FINANCIAL SERVICES—0.9%
 
 1,469,256
AMP Ltd. (Australia)
    1,126
 
   178,000
Chailease Holding Co. Ltd. (Taiwan)
    1,477
 
   149,668
Challenger Ltd. (Australia)
      626
 
 1,224,000
First Pacific Co. Ltd. (Hong Kong)
      408
 
   252,233
JSE Ltd. (South Africa)
    1,764
 
    18,133
Macquarie Group Ltd. (Australia)
    2,094
 
   468,815
Remgro Ltd. (South Africa)
    3,566
 
 
 
   11,061
DIVERSIFIED TELECOMMUNICATION SERVICES—1.6%
 
    48,241
BCE Inc. (Canada)
    2,408
COMMON STOCKS—Continued
    
    
Shares
 
Value
DIVERSIFIED TELECOMMUNICATION SERVICES—Continued
 
    87,946
Deutsche Telekom AG (Germany)
    $1,825
 
   753,248
Koninklijke KPN NV (Netherlands)3
    2,472
 
   200,112
KT Corp. ADR (South Korea)2
    2,880
 
   215,300
Nippon Telegraph & Telephone Corp. (Japan)
    5,513
 
   597,500
Singapore Telecommunications Ltd. (Singapore)
    1,001
 
   662,413
Telkom SA SOC Ltd. (South Africa)
    1,918
 
   540,571
Telstra Corp. Ltd. (Australia)
    1,506
 
 
 
   19,523
ELECTRIC UTILITIES—0.3%
 
    27,458
Orsted AS (Denmark)1
    4,073
ELECTRICAL EQUIPMENT—2.4%
 
   117,128
ABB Ltd. (Switzerland)
    4,282
 
    17,943
Havells India Ltd. (India)
      283
 
    60,223
Legrand SA (France)
    6,787
 
     8,900
Mabuchi Motor Co. Ltd. (Japan)
      335
 
    28,927
Schneider Electric SE (France)
    4,845
 
 2,261,850
TECO Electric and Machinery Co. Ltd. (Taiwan)
    2,517
 
   278,017
Vestas Wind Systems AS (Denmark)
   10,252
 
 
 
   29,301
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS—1.1%
 
   433,000
Chroma ATE Inc. (Taiwan)
    3,050
 
   497,315
Delta Electronics Inc. (Taiwan)
    5,125
 
    30,100
Kyocera Corp. (Japan)
    1,860
 
     9,000
Omron Corp. (Japan)
      770
 
     9,700
Shimadzu Corp. (Japan)
      391
 
    12,500
TDK Corp. (Japan)
    1,426
 
 
 
   12,622
ENERGY EQUIPMENT & SERVICES—0.3%
 
   310,095
John Wood Group plc (United Kingdom)*
      939
 
    50,013
Petrofac Ltd. (United Kingdom)*
       72
 
 1,106,172
Saipem SpA (Italy)
    2,538
 
     6,362
Technip Energies NV (France)*
       86
 
    31,113
TechnipFMC plc (France)
      225
 
 
 
    3,860
ENTERTAINMENT—0.8%
 
    27,061
CTS Eventim AG & Co. KGaA (Germany)*
    1,839
 
    10,000
Konami Holdings Corp. (Japan)
      554
 
 4,426,400
Major Cineplex Group PCL (Thailand)
    2,626
 
    61,434
Modern Times Group MTG AB Class B (Sweden)
      873
 
    17,200
Nexon Co. Ltd. (Japan)
      354
 
     1,500
Nintendo Co. Ltd. (Japan)
      771
 
     3,703
Sea Ltd. ADR (Singapore)*,2
    1,023
 
    27,600
Toho Co. Ltd. (Japan)
    1,201
 
 
 
    9,241
FOOD & STAPLES RETAILING—2.1%
 
   131,903
Alimentation Couche-Tard Inc. (Canada)
    5,317
 
    39,167
Bid Corp. Ltd. (South Africa)*
      860
 
    48,164
Clicks Group Ltd. (South Africa)
      872
 
   110,947
Koninklijke Ahold Delhaize NV (Netherlands)
    3,449
 
    78,510
Loblaw Cos. Ltd. (Canada)
    5,311
 
    16,900
Matsumotokiyoshi Holdings Co. Ltd. (Japan)
      751
 
   238,362
Metcash Ltd. (Australia)
      706
 
    24,917
PriceSmart Inc. (United States)
    2,236
 
    58,400
Seven & I Holdings Co. Ltd. (Japan)
    2,606
 
    23,200
Sundrug Co. Ltd. (Japan)
      753
2
Harbor Diversified International All Cap Fund

Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands 
COMMON STOCKS—Continued
    
    
Shares
 
Value
FOOD & STAPLES RETAILING—Continued
 
   570,669
Tesco plc (United Kingdom)
    $1,847
 
    14,266
X5 Retail Group NV GDR (Russia)2
      462
 
 
 
   25,170
FOOD PRODUCTS—2.9%
 
    14,100
Calbee Inc. (Japan)
      324
 
   373,000
China Mengniu Dairy Co. Ltd. (China)*
    2,025
 
 3,557,500
Delfi Ltd. (Singapore)
    2,220
 
   220,774
Devro plc (United Kingdom)
      680
 
    26,700
Fuji Oil Holdings Inc. (Japan)
      604
 
   546,557
Industrias Bachoco SAB de CV (Mexico)
    1,991
 
    50,100
Megmilk Snow Brand Co. Ltd. (Japan)
      942
 
    10,800
Meiji Holdings Co. Ltd. (Japan)
      669
 
    26,500
NH Foods Ltd. (Japan)
    1,069
 
   101,400
Nippon Suisan Kaisha Ltd. (Japan)
      526
 
   531,624
Tiger Brands Ltd. (South Africa)
    6,999
 
 2,666,255
Tingyi Cayman Islands Holding Corp. (China)
    4,807
 
    55,700
Toyo Suisan Kaisha Ltd. (Japan)
    2,126
 
   379,323
Ulker Biskuvi Sanayi AS (Turkey)
      898
 
 1,897,000
Uni-President China Holdings Ltd. (China)
    1,907
 
    31,285
Viscofan SA (Spain)
    2,173
 
 4,425,000
Want Want China Holdings Ltd. (China)
    2,987
 
    22,200
Yakult Honsha Co. Ltd. (Japan)
    1,312
 
 
 
   34,259
GAS UTILITIES—0.0%
 
    11,500
Tokyo Gas Co. Ltd. (Japan)
      218
HEALTH CARE EQUIPMENT & SUPPLIES—2.9%
 
    46,351
Coloplast AS Class B (Denmark)
    8,476
 
 1,198,386
ConvaTec Group plc (United Kingdom)1
    3,946
 
    88,998
Demant AS (Denmark)*
    5,439
 
    52,431
Getinge AB Class B (Sweden)
    2,279
 
    65,001
GN Store Nord AS (Denmark)
    5,696
 
     6,600
Hoya Corp. (Japan)
      932
 
    43,000
Japan Lifeline Co. Ltd. (Japan)
      541
 
    69,708
Koninklijke Philips NV (Netherlands)
    3,214
 
    33,900
Olympus Corp. (Japan)
      698
 
    37,984
Smith & Nephew plc (United Kingdom)
      775
 
     8,276
Sonova Holding AG (Switzerland)
    3,249
 
 
 
   35,245
HEALTH CARE PROVIDERS & SERVICES—0.8%
 
    66,900
Alfresa Holdings Corp. (Japan)
    1,019
 
    27,276
Amplifon SpA (Italy)
    1,347
 
    63,357
Fresenius Medical Care AG & Co. KGaA (Germany)
    4,994
 
    76,500
MediPAL Holdings Corp. (Japan)
    1,440
 
    25,100
Ship Healthcare Holdings Inc. (Japan)
      633
 
 
 
    9,433
HOTELS, RESTAURANTS & LEISURE—3.2%
 
    25,844
Aristocrat Leisure Ltd. (Australia)
      792
 
    45,634
Carnival plc (United Kingdom)*
      903
 
   302,299
Compass Group plc (United Kingdom)*
    6,387
 
   273,457
Entain plc (United Kingdom)*
    6,896
 
    44,082
Flutter Entertainment plc (United Kingdom)*
    7,528
 
   261,000
Galaxy Entertainment Group Ltd. (Hong Kong)*
    1,769
 
 1,576,500
Genting Singapore Ltd. (Singapore)
      941
 
    10,507
InterContinental Hotels Group PLC (United Kingdom)*
      694
 
    54,022
Playtech plc (United Kingdom)*
      278
 
 1,255,529
SSP Group plc (United Kingdom)*
    4,553
COMMON STOCKS—Continued
    
    
Shares
 
Value
HOTELS, RESTAURANTS & LEISURE—Continued
 
   547,406
TUI AG (Germany)
    $2,563
 
    87,464
Yum China Holdings Inc. (China)
    5,439
 
 
 
   38,743
HOUSEHOLD DURABLES—0.8%
 
    95,996
Barratt Developments plc (United Kingdom)
      938
 
    57,800
Casio Computer Co. Ltd. (Japan)
      942
 
   605,100
MRV Engenharia e Participacoes SA (Brazil)
    1,666
 
     7,200
Rinnai Corp. (Japan)
      669
 
    44,200
Sekisui Chemical Co. Ltd. (Japan)
      763
 
    22,700
Sony Group Corp. (Japan)
    2,371
 
   788,601
Taylor Wimpey plc (United Kingdom)
    1,803
 
 
 
    9,152
HOUSEHOLD PRODUCTS—0.7%
 
 1,840,790
Kimberly-Clark de Mexico SAB de CV (Mexico)
    2,985
 
    22,500
Lion Corp. (Japan)
      390
 
    62,066
Reckitt Benckiser Group plc (United Kingdom)
    4,748
 
 
 
    8,123
INDUSTRIAL CONGLOMERATES—2.7%
 
 4,013,100
ALFA SAB de CV (Mexico)
    3,036
 
   118,000
CK Hutchison Holdings Ltd. (Hong Kong)
      862
 
    35,197
DCC plc (United Kingdom)
    2,947
 
    87,410
GT Capital Holdings Inc. (Philippines)
      951
 
   220,400
Hitachi Ltd. (Japan)
   12,677
 
    72,500
Jardine Matheson Holdings Ltd. (Hong Kong)
    4,313
 
    42,425
LG Corp. (South Korea)
    3,477
 
   171,047
PSG Group Ltd. (South Africa)
      887
 
 1,505,388
Quinenco SA (Chile)
    2,866
 
 1,849,900
Sime Darby Berhad (Malaysia)
      943
 
 
 
   32,959
INSURANCE—5.3%
 
    76,067
Admiral Group plc (United Kingdom)
    3,593
 
   619,800
AIA Group Ltd. (Hong Kong)
    7,416
 
   184,558
AXA SA (France)
    4,780
 
     1,483
Brookfield Asset Management Reinsurance Partners
Ltd. (Bermuda)*
       80
 
   257,500
Dai-ichi Life Holdings Inc. (Japan)
    4,739
 
    19,262
Fairfax Financial Holdings Ltd. (Canada)
    8,114
 
    87,900
Great Eastern Holdings Ltd. (Singapore)
    1,402
 
     6,210
Hannover Rueck SE (Germany)
    1,044
 
     5,504
Helvetia Holding AG (Switzerland)
      599
 
    81,212
Hiscox Ltd. (United Kingdom)
      986
 
   256,400
Japan Post Holdings Co. Ltd. (Japan)*
    2,176
 
    29,600
MS&AD Insurance Group Holdings Inc. (Japan)
      915
 
   875,941
Porto Seguro SA (Brazil)*
    8,688
 
    41,944
Prudential plc (United Kingdom)
      788
 
   308,092
QBE Insurance Group Ltd. (Australia)*
    2,469
 
   150,873
Qualitas Controladora SAB de CV (Mexico)
      733
 
   114,651
Sampo OYJ (Finland)
    5,518
 
    18,537
Samsung Fire & Marine Insurance Co. Ltd. (South
Korea)
    3,458
 
    63,400
Sompo Holdings Inc. (Japan)
    2,621
 
    64,700
T&D Holdings Inc. (Japan)
      828
 
    55,800
Tokio Marine Holdings Inc. (Japan)
    2,660
 
 
 
   63,607
INTERACTIVE MEDIA & SERVICES—1.8%
 
   270,994
Auto Trader Group plc (United Kingdom)1
    2,455
 
    51,521
Baidu Inc. ADR (China)*,2
    8,450
 
   162,643
Carsales.com Ltd. (Australia)
    2,623
3
Harbor Diversified International All Cap Fund

Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands 
COMMON STOCKS—Continued
    
    
Shares
 
Value
INTERACTIVE MEDIA & SERVICES—Continued
 
   138,075
Domain Holdings Australia Ltd. (Australia)*
      $495
 
   794,881
Rightmove plc (United Kingdom)
    7,754
 
 
 
   21,777
INTERNET & DIRECT MARKETING RETAIL—1.5%
 
    97,683
HelloFresh SE (Germany)*
    9,157
 
    26,645
Just Eat Takeaway.com NV (Netherlands)*,1
    2,366
 
     8,591
Naspers Ltd. (South Africa)
    1,658
 
   567,520
PChome Online Inc. (Taiwan)
    2,670
 
    35,787
Vipshop Holdings Ltd. ADR (China)*,2
      595
 
     3,042
Zooplus AG (Germany)*
    1,036
 
    18,500
ZOZO Inc. (Japan)
      630
 
 
 
   18,112
IT SERVICES—2.2%
 
    16,160
Alten SA (France)
    2,569
 
 2,410,182
Capita plc (United Kingdom)*
    1,181
 
    75,380
Edenred (France)
    4,379
 
    64,085
Genpact Ltd. (United States)
    3,192
 
    61,986
Infosys Ltd. ADR (India)2
    1,371
 
    51,100
NEC Corp. (Japan)
    2,592
 
    41,000
NET One Systems Co. Ltd. (Japan)
    1,406
 
    11,800
Nomura Research Institute Ltd. (Japan)
      380
 
    30,400
NS Solutions Corp. (Japan)
      968
 
   222,700
NTT Data Corp. (Japan)
    3,450
 
    10,400
Otsuka Corp. (Japan)
      540
 
     6,525
Reply SpA (Italy)
    1,166
 
    35,000
SCSK Corp. (Japan)
    2,110
 
    20,027
Tata Consultancy Services Ltd. (India)
      852
 
 
 
   26,156
LEISURE PRODUCTS—1.8%
 
    27,200
Bandai Namco Holdings Inc. (Japan)
    1,760
 
   667,386
Giant Manufacturing Co. Ltd. (Taiwan)
    7,686
 
   495,611
Merida Industry Co. Ltd. (Taiwan)
    5,953
 
   118,700
Sega Sammy Holdings Inc. (Japan)
    1,497
 
   117,515
Spin Master Corp. (Canada)*,1
    4,505
 
 
 
   21,401
LIFE SCIENCES TOOLS & SERVICES—0.5%
 
    44,008
Eurofins Scientific SE (France)
    5,264
 
     8,006
Gerresheimer AG (Germany)
      836
 
 
 
    6,100
MACHINERY—2.2%
 
    16,507
Andritz AG (Austria)
      909
 
   378,450
CNH Industrial NV (Italy)
    6,319
 
    10,100
Daifuku Co. Ltd. (Japan)
      905
 
    96,725
Fluidra SA (Spain)
    3,921
 
    16,035
GEA Group AG (Germany)
      711
 
     4,400
Hoshizaki Corp. (Japan)
      370
 
    10,500
Makita Corp. (Japan)
      546
 
    52,200
NSK Ltd. (Japan)
      431
 
   142,969
Rotork plc (United Kingdom)
      717
 
   156,435
Sandvik AB (Sweden)
    4,079
 
    31,101
Stabilus SA (Germany)
    2,469
 
   137,000
Techtronic Industries Co. Ltd. (Hong Kong)
    2,443
 
   107,868
Wartsila OYJ ABP (Finland)
    1,625
 
   455,000
Weichai Power Co. Ltd. (China)
      997
 
 
 
   26,442
COMMON STOCKS—Continued
    
    
Shares
 
Value
MARINE—0.5%
 
56,384,563
Cia Sud Americana de Vapores SA (Chile)
    $4,427
 
   220,582
Irish Continental Group plc (Ireland)
    1,159
 
 
 
    5,586
MEDIA—2.0%
 
    51,300
Daily Mail & General Trust plc (United Kingdom)
      780
 
    45,776
Euromoney Institutional Investor plc (United Kingdom)
      647
 
   163,100
Fuji Media Holdings Inc. (Japan)
    1,770
 
   168,222
Grupo Televisa SAB ADR (Mexico)2
    2,279
 
    50,500
Hakuhodo DY Holdings Inc. (Japan)
      768
 
   128,521
Informa plc (United Kingdom)*
      883
 
 2,407,860
ITV plc (United Kingdom)*
    3,744
 
    91,029
JC Decaux SA (France)*
    2,483
 
25,461,121
Media Nusantara Citra TBK PT (Indonesia)
    1,391
 
    46,574
MediaSet Espana Comunicacion SA (Spain)*
      278
 
   153,920
Nippon Television Holdings Inc. (Japan)
    1,711
 
    45,080
Nordic Entertainment Group AB (Sweden)*
    2,407
 
    26,313
Schibsted ASA Class A (Norway)
    1,395
 
    11,304
Schibsted ASA Class B (Norway)
      523
 
 1,165,003
Sky Network Television Ltd. (New Zealand)*
      134
 
   240,151
WPP plc (United Kingdom)
    3,106
 
 
 
   24,299
METALS & MINING—5.0%
 
   133,304
Acerinox SA (Spain)
    1,782
 
    41,031
African Rainbow Minerals Ltd. (South Africa)
      835
 
 1,095,445
Alrosa PJSC (Russia)*
    1,949
 
    25,246
Anglo American Platinum Ltd. (South Africa)
    3,305
 
    55,875
Anglo American plc (South Africa)
    2,483
 
    42,548
AngloGold Ashanti Ltd. (South Africa)
      852
 
   166,711
ArcelorMittal SA (France)
    5,823
 
   344,194
Barrick Gold Corp. (Canada)
    7,493
 
   119,404
BHP Group Ltd. (Australia)
    4,690
 
   137,557
BlueScope Steel Ltd. (Australia)
    2,439
 
   506,476
Evolution Mining Ltd. (Australia)
    1,540
 
    42,415
First Quantum Minerals Ltd. (Canada)
      908
 
    30,337
Franco-Nevada Corp. (Canada)
    4,852
 
    62,037
Freeport-McMoRan Inc. (United States)
    2,364
 
 1,311,497
Glencore plc (United Kingdom)*
    5,890
 
   117,252
Newcrest Mining Ltd. (Australia)
    2,266
 
    93,700
Nippon Steel Corp. (Japan)
    1,625
 
    75,871
Rio Tinto plc (United Kingdom)
    6,445
 
    14,745
Severstal PJSC GDR (Russia)2
      363
 
    30,554
Southern Copper Corp. (Peru)
    2,006
 
    15,300
Sumitomo Metal Mining Co. Ltd. (Japan)
      620
 
 
 
   60,530
MULTILINE RETAIL—0.1%
 
    48,800
Marui Group Co. Ltd. (Japan)
      855
OIL, GAS & CONSUMABLE FUELS—2.7%
 
   901,745
Beach Energy Ltd. (Australia)
      793
 
 2,856,373
BP plc (United Kingdom)
   11,466
 
   184,429
Canadian Natural Resources Ltd. (Canada)
    6,086
 
   263,322
Equinor ASA (Norway)
    5,129
 
   193,790
Inter Pipeline Ltd. (Canada)
    3,103
 
    17,497
Lukoil PJSC ADR (Russia)2
    1,503
 
   379,383
Oil Search Ltd. (Australia)
    1,060
 
   267,426
PrairieSky Royalty Ltd. (Canada)
    2,997
 
   636,340
United Tractors TBK PT (Indonesia)
      861
 
 
 
   32,998
4
Harbor Diversified International All Cap Fund

Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands 
COMMON STOCKS—Continued
    
    
Shares
 
Value
PAPER & FOREST PRODUCTS—0.2%
 
   351,800
Oji Holdings Corp. (Japan)
    $2,028
PERSONAL PRODUCTS—1.6%
 
    48,115
AMOREPACIFIC Group (South Korea)
    2,412
 
    17,065
Dabur India Ltd. (India)
      138
 
    22,000
Kao Corp. (Japan)
    1,325
 
     2,800
Kose Corp. (Japan)
      442
 
   314,709
L'Occitane International SA (Hong Kong)
    1,094
 
    16,200
Mandom Corp. (Japan)
      275
 
    22,085
Marico Ltd. (India)
      162
 
   426,161
Natura & Co Holding SA (Brazil)*
    4,398
 
    11,700
Rohto Pharmaceutical Co. Ltd. (Japan)
      308
 
    87,785
Unilever plc (United Kingdom)
    5,052
 
 1,322,000
Uni-President Enterprises Corp. (Taiwan)
    3,467
 
 
 
   19,073
PHARMACEUTICALS—2.9%
 
    57,900
Astellas Pharma Inc. (Japan)
      922
 
 5,078,608
Genomma Lab Internacional SAB de CV (Mexico)*
    4,919
 
   121,501
Novo Nordisk AS (Denmark)
   11,247
 
    21,400
Otsuka Holdings Co. Ltd. (Japan)
      851
 
    35,571
Roche Holding AG (Switzerland)
   13,742
 
     7,200
Sawai Group Holdings Co. Ltd. (Japan)
      308
 
    19,000
Takeda Pharmaceutical Co. Ltd. (Japan)
      632
 
    54,800
Tsumura & Co. (Japan)
    1,729
 
 
 
   34,350
PROFESSIONAL SERVICES—2.7%
 
    69,892
Adecco Group AG (Switzerland)
    4,186
 
   182,097
ALS Ltd. (Australia)
    1,710
 
    75,795
Experian plc (United Kingdom)
    3,337
 
 1,910,719
Hays plc (United Kingdom)*
    3,928
 
   102,433
Intertek Group plc (United Kingdom)
    7,339
 
   105,488
IPH Ltd. (Australia)
      627
 
    57,800
Nomura Co. Ltd. (Japan)
      451
 
   135,471
PageGroup plc (United Kingdom)*
    1,157
 
    31,200
Persol Holdings Co. Ltd. (Japan)
      629
 
    11,778
Randstad NV (Netherlands)
      854
 
   172,412
RELX plc (United Kingdom)
    5,068
 
    78,885
RWS Holdings plc (United Kingdom)
      621
 
    17,500
TechnoPro Holdings Inc. (Japan)
      438
 
     5,438
Teleperformance (France)
    2,294
 
 
 
   32,639
REAL ESTATE MANAGEMENT & DEVELOPMENT—0.4%
 
     4,700
Daito Trust Construction Co. Ltd. (Japan)
      552
 
    53,100
Daiwa House Industry Co. Ltd. (Japan)
    1,628
 
   250,635
LOG Commercial Properties e Participacoes SA
(Brazil)
    1,382
 
   158,912
LPS Brasil Consultoria de Imoveis SA (Brazil)*
      129
 
    21,400
Mitsubishi Estate Co. Ltd. (Japan)
      336
 
    80,376
Singapore Land Group Ltd (Singapore)
      160
 
   125,000
Swire Pacific Ltd. (Hong Kong)
      776
 
 
 
    4,963
ROAD & RAIL—0.9%
 
    88,131
Canadian Pacific Railway Ltd. (Canada)
    6,544
 
    30,500
East Japan Railway Co. (Japan)
    2,032
 
   110,610
Globaltrans Investment plc GDR (Russia)2
      869
 
   176,677
National Express Group plc (United Kingdom)*
      668
 
    54,900
Senko Group Holdings Co. Ltd. (Japan)
      556
 
 
 
   10,669
COMMON STOCKS—Continued
    
    
Shares
 
Value
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—3.4%
 
    57,200
ASM Pacific Technology Ltd. (Hong Kong)
      $738
 
     7,637
ASML Holding NV (Netherlands)
    5,838
 
    59,000
MediaTek Inc. (Taiwan)
    1,929
 
   124,700
Renesas Electronics Corp. (Japan)*
    1,353
 
    25,700
ROHM Co. Ltd. (Japan)
    2,507
 
    43,088
SK Hynix Inc. (South Korea)
    4,218
 
 1,166,000
Taiwan Semiconductor Manufacturing Co. Ltd.
(Taiwan)
   24,369
 
 
 
   40,952
SOFTWARE—0.6%
 
     4,478
Constellation Software Inc. (Canada)
    7,173
 
     1,700
Oracle Corp. Japan (Japan)
      127
 
 
 
    7,300
SPECIALTY RETAIL—1.2%
 
    14,600
ABC-Mart Inc. (Japan)
      805
 
 4,239,700
Esprit Holdings Ltd. (Hong Kong)*
      339
 
   345,764
Fourlis Holdings SA (Greece)*
    1,710
 
   236,302
JUMBO SA (Greece)
    3,754
 
   585,199
Pepkor Holdings Ltd. (South Africa)*,1
      837
 
   250,456
Pets at Home Group plc (United Kingdom)
    1,627
 
    38,500
USS Co. Ltd. (Japan)
      670
 
   121,441
WH Smith plc (United Kingdom)*
    2,739
 
   173,000
Zhongsheng Group Holdings (China)
    1,594
 
 
 
   14,075
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS—2.2%
 
    73,000
Advantech Co. Ltd. (Taiwan)
      953
 
   220,133
King Slide Works Co. Ltd. (Taiwan)
    2,934
 
    22,593
Logitech International SA (Switzerland)
    2,482
 
    21,043
Quadient SA (France)
      618
 
   278,172
Samsung Electronics Co Ltd. (South Korea)
   19,009
 
 
 
   25,996
TEXTILES, APPAREL & LUXURY GOODS—2.4%
 
    14,686
Adidas AG (Germany)
    5,330
 
    51,000
ASICS Corp. (Japan)
    1,126
 
    44,406
Cie Financiere Richemont SA (Switzerland)
    5,683
 
   115,191
Cie Financiere Richemont SA ADR (South Africa)2
    1,470
 
    33,175
EssilorLuxottica SA (France)
    6,263
 
    61,560
Gildan Activewear Inc. (Canada)
    2,122
 
   172,000
Li Ning Co. Ltd. (China)
    1,817
 
    96,400
Onward Holdings Co. Ltd. (Japan)
      265
 
   271,200
Samsonite International SA (Hong Kong)*,1
      505
 
    98,000
Shenzhou International Group Holdings Ltd. (China)
    2,175
 
 1,871,246
Stella International Holdings Ltd. (Hong Kong)*
    2,386
 
 
 
   29,142
THRIFTS & MORTGAGE FINANCE—0.4%
 
   146,924
Housing Development Finance Corp. Ltd. (India)
    4,839
TOBACCO—0.3%
 
    15,578
British American Tobacco plc (United Kingdom)
      579
 
    30,800
Japan Tobacco Inc. (Japan)
      602
 
   264,417
Swedish Match AB (Sweden)
    2,368
 
 
 
    3,549
TRADING COMPANIES & DISTRIBUTORS—1.3%
 
   137,100
BOC Aviation Ltd. (China)1
    1,008
 
    53,958
Brenntag SE (Germany)
    5,389
 
   122,937
Bunzl plc (United Kingdom)
    4,555
5
Harbor Diversified International All Cap Fund

Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands 
COMMON STOCKS—Continued
    
    
Shares
 
Value
TRADING COMPANIES & DISTRIBUTORS—Continued
 
   114,606
Finning International Inc. (Canada)
    $2,963
 
    42,400
ITOCHU Corp. (Japan)
    1,255
 
 
 
   15,170
TRANSPORTATION INFRASTRUCTURE—0.4%
 
   102,305
Getlink SE (France)
    1,639
 
 3,056,302
Grindrod Ltd. (South Africa)*
      928
 
   129,376
Grupo Aeroportuario del Pacifico SAB de CV (Mexico)*
    1,480
 
    36,300
Mitsubishi Logistics Corp. (Japan)
    1,078
 
 
 
    5,125
WIRELESS TELECOMMUNICATION SERVICES—0.9%
 
   738,414
Bharti Airtel Ltd. (India)
    5,616
 
    94,800
KDDI Corp. (Japan)
    2,899
 
    39,428
Rogers Communications Inc. (Canada)
    2,013
 
 
 
   10,528
TOTAL COMMON STOCKS
(Cost $929,644)
1,174,222
 
PREFERRED STOCKS—0.3%
    
    
Shares
 
Value
AUTOMOBILES—0.3%
 
    15,433
Volkswagen AG (Germany)
    $3,759
BANKS—0.0%
 
 1,009,364
Grupo Aval Acciones y Valores SA (Colombia)
      267
PERSONAL PRODUCTS—0.0%
 
     3,362
AMOREPACIFIC Group (South Korea)
      119
TOTAL PREFERRED STOCKS
(Cost $3,002)
    4,145
TOTAL INVESTMENTS—98.1%
(Cost $932,646)
1,178,367
CASH AND OTHER ASSETS, LESS LIABILITIES—1.9%
   22,739
TOTAL NET ASSETS—100.0%
$1,201,106
 
RIGHTS/WARRANTS 
Description
No. of Contracts
Strike Price
Expiration Date
Cost
(000s)
Value
(000s)
Cie Financiere Richemont SA
377,958
ZAR  116.62
09/12/2023
$ —
$21
 
FAIR VALUE MEASUREMENTS
The following table summarizes the Fund’s investments as of July 31, 2021 based on the inputs used to value them. 
Asset Category
Quoted Prices
Level 1
(000s)
Other Significant
Observable Inputs
Level 2
(000s)
Significant
Unobservable
Inputs
Level 3
(000s)
Total
(000s)
Investments in Securities
 
 
 
 
Common Stocks
 
 
 
 
Africa
$—
$34,500
$—
$34,500
Europe
5,147
523,059
—
528,206
Latin America
67,174
—
—
67,174
Middle East/Central Asia
6,112
25,590
—
31,702
North America
109,025
—
—
109,024
Pacific Basin
23,248
380,367
—
403,616
Preferred Stocks
 
 
 
 
Europe
—
3,759
—
3,759
Latin America
267
—
—
267
Pacific Basin
—
119
—
119
Total Investments in Securities
$210,973
$967,394
$—
$1,178,367
Financial Derivative Instruments - Assets
 
 
 
 
Rights/Warrants
$21
$—
$—
$21
Total Investments
$210,994
$967,394
$—
$1,178,388
There were no Level 3 Investments at July 31, 2021 or October 31, 2020.
For more information on valuation inputs and their aggregation into the levels used in the table above, please refer to the Fair Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments.
6
Harbor Diversified International All Cap Fund

Portfolio of Investments—Continued
 
*
Non-income producing security
1
Securities purchased in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt
from registration, normally to qualified institutional buyers. The Fund has no right to demand registration of these securities. At July 31, 2021, the aggregate value
of these securities was $21,478 or 2% of net assets.
2
Depositary receipts such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and other country specific depositary receipts are certificates
evidencing ownership of shares of a foreign issuer. These certificates are issued by depositary banks and generally trade on an established market in the U.S. or
elsewhere.
3
All or a portion of this security was out on loan as of July 31, 2021. The market value of securities on loan was $2,423 and the related non-cash collateral was $2,547.
ZAR
South African Rand
The accompanying notes are an integral part of the Portfolios of Investments.
7
Harbor Emerging Markets Equity Fund

Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands  
COMMON STOCKS—97.0%
    
    
Shares
 
Value
AEROSPACE & DEFENSE—0.3%
 
   40,331
Embraer SA (Brazil)*
   $144
AUTO COMPONENTS—0.3%
 
    3,342
Hankook Tire & Technology Co. Ltd. (South Korea)
   141
AUTOMOBILES—0.8%
 
  167,500
BAIC Motor Corp. Ltd. (China)1
    60
 
   32,535
Mahindra & Mahindra Ltd. (India)
   326
 
 
 
   386
BANKS—12.1%
 
  100,998
Axis Bank Ltd. (India)*
   965
 
    9,337
Bancolombia SA ADR (Colombia)2
   266
 
  109,200
Bank Central Asia TBK PT (Indonesia)
   225
 
  406,000
Bank Mandiri Persero TBK PT (Indonesia)
   160
 
  105,490
Bank of The Philippine Islands (Philippines)
   170
 
  141,227
Cairo Mezz plc (Greece)*
    20
 
    1,262
Capitec Bank Holdings Ltd. (South Africa)
   140
 
1,574,197
Eurobank Ergasias SA (Greece)*
 1,484
 
1,120,695
Grupo Financiero Inbursa SAB de CV (Mexico)
 1,079
 
    3,046
Hana Financial Group Inc. (South Korea)
   115
 
    6,415
HDFC Bank Ltd. ADR (India)2
   453
 
   96,700
Kasikornbank PCL (Thailand)
   303
 
    7,085
Komercni Banka AS (Czech Republic)*
   263
 
 
 
 5,643
BEVERAGES—4.0%
 
  123,934
AmBev SA (Brazil)
   396
 
  159,500
East African Breweries Ltd. (Kenya)*
   267
 
   11,281
Fomento Economico Mexicano SAB de CV ADR (Mexico)2
   986
 
  510,700
Thai Beverage PCL (Singapore)
   245
 
 
 
 1,894
CAPITAL MARKETS—0.1%
 
    3,910
Georgia Capital plc (United Kingdom)*
    34
CHEMICALS—0.0%
 
2,684,000
Tianhe Chemicals Group Ltd. (Hong Kong)*
—x
COMMERCIAL SERVICES & SUPPLIES—0.5%
 
    3,086
S-1 Corp. (South Korea)
   216
CONSTRUCTION & ENGINEERING—0.7%
 
  164,937
Raubex Group Ltd. (South Africa)
   320
CONSUMER FINANCE—2.5%
 
  662,044
Gentera SAB de CV (Mexico)*
   385
 
   42,324
Shriram Transport Finance Co. Ltd. (India)
   798
 
 
 
 1,183
DISTRIBUTORS—0.5%
 
   15,500
Jardine Cycle & Carriage Ltd. (Singapore)
   234
DIVERSIFIED FINANCIAL SERVICES—2.0%
 
   24,000
Chailease Holding Co. Ltd. (Taiwan)
   199
 
   34,297
JSE Ltd. (South Africa)
   240
 
   63,685
Remgro Ltd. (South Africa)
   484
 
 
 
   923
DIVERSIFIED TELECOMMUNICATION SERVICES—0.5%
 
   76,362
Telkom SA SOC Ltd. (South Africa)
   221
COMMON STOCKS—Continued
    
    
Shares
 
Value
ELECTRICAL EQUIPMENT—0.8%
 
    2,473
Havells India Ltd. (India)
    $39
 
  307,000
TECO Electric and Machinery Co. Ltd. (Taiwan)
   342
 
 
 
   381
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS—2.4%
 
   60,000
Chroma ATE Inc. (Taiwan)
   423
 
   69,000
Delta Electronics Inc. (Taiwan)
   711
 
 
 
 1,134
ENTERTAINMENT—1.1%
 
  615,900
Major Cineplex Group PCL (Thailand)
   365
 
      507
Sea Ltd. ADR (Singapore)*,2
   140
 
 
 
   505
FOOD & STAPLES RETAILING—1.1%
 
    5,363
Bid Corp. Ltd. (South Africa)*
   118
 
    6,595
Clicks Group Ltd. (South Africa)
   120
 
    2,464
PriceSmart Inc. (United States)
   221
 
    1,953
X5 Retail Group NV GDR (Russia)2
    63
 
 
 
   522
FOOD PRODUCTS—7.0%
 
   52,000
China Mengniu Dairy Co. Ltd. (China)*
   282
 
  512,200
Delfi Ltd. (Singapore)
   320
 
   74,249
Industrias Bachoco SAB de CV (Mexico)
   270
 
   72,923
Tiger Brands Ltd. (South Africa)
   960
 
  362,000
Tingyi Cayman Islands Holding Corp. (China)
   653
 
   52,345
Ulker Biskuvi Sanayi AS (Turkey)
   124
 
  262,000
Uni-President China Holdings Ltd. (China)
   263
 
  607,000
Want Want China Holdings Ltd. (China)
   410
 
 
 
 3,282
HOTELS, RESTAURANTS & LEISURE—1.6%
 
   12,035
Yum China Holdings Inc. (China)
   748
HOUSEHOLD DURABLES—0.5%
 
   83,200
MRV Engenharia e Participacoes SA (Brazil)
   229
HOUSEHOLD PRODUCTS—1.2%
 
  353,598
Kimberly-Clark de Mexico SAB de CV (Mexico)
   573
INDUSTRIAL CONGLOMERATES—3.6%
 
  582,600
ALFA SAB de CV (Mexico)
   441
 
   11,890
GT Capital Holdings Inc. (Philippines)
   129
 
    5,757
LG Corp. (South Korea)
   472
 
   22,884
PSG Group Ltd. (South Africa)
   119
 
  204,931
Quinenco SA (Chile)
   390
 
  251,000
Sime Darby Berhad (Malaysia)
   128
 
 
 
 1,679
INSURANCE—5.4%
 
   44,200
AIA Group Ltd. (Hong Kong)
   529
 
  129,039
Porto Seguro SA (Brazil)*
 1,280
 
   21,006
Qualitas Controladora SAB de CV (Mexico)
   102
 
    3,282
Samsung Fire & Marine Insurance Co. Ltd. (South Korea)
   612
 
 
 
 2,523
INTERACTIVE MEDIA & SERVICES—2.5%
 
    7,067
Baidu Inc. ADR (China)*,2
 1,159
INTERNET & DIRECT MARKETING RETAIL—1.4%
 
    1,177
Naspers Ltd. (South Africa)
   227
8
Harbor Emerging Markets Equity Fund

Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands 
COMMON STOCKS—Continued
    
    
Shares
 
Value
INTERNET & DIRECT MARKETING RETAIL—Continued
 
   78,000
PChome Online Inc. (Taiwan)
   $367
 
    4,901
Vipshop Holdings Ltd. ADR (China)*,2
    82
 
 
 
   676
IT SERVICES—1.6%
 
    8,902
Genpact Ltd. (United States)
   443
 
    8,489
Infosys Ltd. ADR (India)2
   188
 
    2,760
Tata Consultancy Services Ltd. (India)
   118
 
 
 
   749
LEISURE PRODUCTS—4.0%
 
   92,628
Giant Manufacturing Co. Ltd. (Taiwan)
 1,067
 
   68,000
Merida Industry Co. Ltd. (Taiwan)
   816
 
 
 
 1,883
MACHINERY—0.9%
 
   15,000
Techtronic Industries Co. Ltd. (Hong Kong)
   268
 
   63,000
Weichai Power Co. Ltd. (China)
   138
 
 
 
   406
MARINE—1.3%
 
7,664,002
Cia Sud Americana de Vapores SA (Chile)
   602
MEDIA—1.0%
 
   22,794
Grupo Televisa SAB ADR (Mexico)2
   309
 
2,966,000
Media Nusantara Citra TBK PT (Indonesia)
   162
 
 
 
   471
METALS & MINING—4.5%
 
    5,618
African Rainbow Minerals Ltd. (South Africa)
   114
 
  149,100
Alrosa PJSC (Russia)*
   265
 
    3,490
Anglo American Platinum Ltd. (South Africa)
   457
 
    7,613
Anglo American plc (South Africa)
   338
 
    5,785
AngloGold Ashanti Ltd. (South Africa)
   116
 
    5,807
First Quantum Minerals Ltd. (Canada)
   125
 
    8,460
Freeport-McMoRan Inc. (United States)
   322
 
    3,771
Severstal PJSC GDR (Russia)2
    93
 
    4,184
Southern Copper Corp. (Peru)
   275
 
 
 
 2,105
OIL, GAS & CONSUMABLE FUELS—0.7%
 
    2,381
Lukoil PJSC ADR (Russia)2
   204
 
   86,500
United Tractors TBK PT (Indonesia)
   117
 
 
 
   321
PERSONAL PRODUCTS—3.1%
 
    6,523
AMOREPACIFIC Group (South Korea)
   327
 
    2,352
Dabur India Ltd. (India)
    19
 
    3,044
Marico Ltd. (India)
    22
 
   58,800
Natura & Co Holding SA (Brazil)*
   607
 
  184,000
Uni-President Enterprises Corp. (Taiwan)
   483
 
 
 
 1,458
PHARMACEUTICALS—1.4%
 
  699,702
Genomma Lab Internacional SAB de CV (Mexico)*
   678
REAL ESTATE MANAGEMENT & DEVELOPMENT—0.4%
 
   34,738
LOG Commercial Properties e Participacoes SA (Brazil)
   192
 
   18,700
LPS Brasil Consultoria de Imoveis SA (Brazil)*
    15
 
 
 
   207
ROAD & RAIL—0.3%
 
   19,327
Globaltrans Investment plc GDR (Russia)2
   152
COMMON STOCKS—Continued
    
    
Shares
 
Value
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—9.6%
 
      387
ASML Holding NV (Netherlands)
   $296
 
    8,000
MediaTek Inc. (Taiwan)
   261
 
    5,862
SK Hynix Inc. (South Korea)
   574
 
  161,000
Taiwan Semiconductor Manufacturing Co. Ltd. (Taiwan)
 3,365
 
 
 
 4,496
SPECIALTY RETAIL—2.4%
 
   55,710
Fourlis Holdings SA (Greece)*
   275
 
   32,894
JUMBO SA (Greece)
   523
 
   80,139
Pepkor Holdings Ltd. (South Africa)*,1
   115
 
   24,000
Zhongsheng Group Holdings (China)
   221
 
 
 
 1,134
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS—6.8%
 
   11,000
Advantech Co. Ltd. (Taiwan)
   144
 
   31,000
King Slide Works Co. Ltd. (Taiwan)
   413
 
   38,270
Samsung Electronics Co Ltd. (South Korea)
 2,615
 
 
 
 3,172
TEXTILES, APPAREL & LUXURY GOODS—2.0%
 
   15,588
Cie Financiere Richemont SA ADR (South Africa)2
   199
 
   23,500
Li Ning Co. Ltd. (China)
   248
 
   13,500
Shenzhou International Group Holdings Ltd. (China)
   300
 
  161,000
Stella International Holdings Ltd. (Hong Kong)*
   205
 
 
 
   952
THRIFTS & MORTGAGE FINANCE—1.4%
 
   20,324
Housing Development Finance Corp. Ltd. (India)
   669
TRADING COMPANIES & DISTRIBUTORS—0.3%
 
   18,800
BOC Aviation Ltd. (China)1
   138
TRANSPORTATION INFRASTRUCTURE—0.7%
 
  344,067
Grindrod Ltd. (South Africa)*
   104
 
   18,083
Grupo Aeroportuario del Pacifico SAB de CV (Mexico)*
   207
 
 
 
   311
WIRELESS TELECOMMUNICATION SERVICES—1.7%
 
  102,736
Bharti Airtel Ltd. (India)
   781
TOTAL COMMON STOCKS
(Cost $35,635)
45,435
 
PREFERRED STOCKS—0.1%
BANKS—0.1%
 
  141,292
Grupo Aval Acciones y Valores SA (Colombia)
    37
PERSONAL PRODUCTS—0.0%
 
      448
AMOREPACIFIC Group (South Korea)
    16
TOTAL PREFERRED STOCKS
(Cost $54)
    53
TOTAL INVESTMENTS—97.1%
(Cost $35,689)
45,488
CASH AND OTHER ASSETS, LESS LIABILITIES—2.9%
 1,339
TOTAL NET ASSETS—100.0%
$46,827
9
Harbor Emerging Markets Equity Fund

Portfolio of Investments—Continued
 
FAIR VALUE MEASUREMENTS
The following table summarizes the Fund’s investments as of July 31, 2021 based on the inputs used to value them. 
Asset Category
Quoted Prices
Level 1
(000s)
Other Significant
Observable Inputs
Level 2
(000s)
Significant
Unobservable
Inputs
Level 3
(000s)
Total
(000s)
Common Stocks
 
 
 
 
Africa
$—
$4,659
$—
$4,659
Europe
613
3,183
—
3,796
Latin America
9,426
—
—
9,426
Middle East/Central Asia
839
3,539
—
4,378
North America
1,111
—
—
1,111
Pacific Basin
2,796
19,269
—
22,065
Preferred Stocks
 
 
 
 
Latin America
37
—
—
37
Pacific Basin
—
16
—
16
Total Investments in Securities
$14,822
$30,666
$—
$45,488
For more information on valuation inputs and their aggregation into the levels used in the table above, please refer to the Fair Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments.
The following is a rollforward of the Fund’s Level 3 investments during the period ended July 31, 2021. 
Valuation Description
Beginning
Balance
as of
11/01/2020
(000s)
Purchases
(000s)
Sales
(000s)
Discount/
(Premium)
(000s)
Total
Realized
Gain/(Loss)
(000s)
Change in
Unrealized
Appreciation/
(Depreciation)
(000s)
Transfers
Into
Level 3
(000s)
Transfers
Out of
Level 3
(000s)
Ending
Balance
as of
07/31/2021
(000s)
Unrealized
Gain/
Loss as of
07/31/2021
(000s)
Common Stocks
$—
$—
$—
$—
$—
$—
$—
$—
$—
$(512)
The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy. 
Valuation Descriptions
Ending Balance
as of 07/31/2021
(000s)
Valuation
Technique
Unobservable
Input(s)
Input
Value(s)
Investments in Securities
 
 
 
 
Common Stocks
 
 
 
 
Tianhe Chemicals Group Ltd. (Hong Kong)*
$ —
Market Approach
Estimated Recovery Value
HKD  0.00
 
*
Non-income producing security
x
Fair valued in accordance with Harbor Funds' Valuation Procedures.
1
Securities purchased in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt
from registration, normally to qualified institutional buyers. The Fund has no right to demand registration of these securities. At July 31, 2021, the aggregate value
of these securities was $313 or 1% of net assets.
2
Depositary receipts such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and other country specific depositary receipts are certificates
evidencing ownership of shares of a foreign issuer. These certificates are issued by depositary banks and generally trade on an established market in the U.S. or
elsewhere.
HKD
Hong Kong Dollar
The accompanying notes are an integral part of the Portfolios of Investments.
10
Harbor Focused International Fund

Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands  
COMMON STOCKS—97.7%
    
    
Shares
 
Value
AEROSPACE & DEFENSE—1.9%
 
  3,671
MTU Aero Engines AG (Germany)
   $918
BEVERAGES—5.8%
 
  2,436
Kweichow Moutai Co. Ltd. Class A (China)
   634
 
  9,678
Pernod Ricard SA (France)
 2,136
 
 
 
 2,770
BUILDING PRODUCTS—3.1%
 
  7,000
Daikin Industries Ltd. (Japan)
 1,462
CHEMICALS—4.1%
 
 11,900
Shin-Etsu Chemical Co. Ltd. (Japan)
 1,941
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS—4.4%
 
 13,600
Hamamatsu Photonics KK (Japan)
   756
 
  2,400
Keyence Corp. (Japan)
 1,337
 
 
 
 2,093
ENTERTAINMENT—3.5%
 
 83,205
NetEase Inc. (China)
 1,655
FOOD PRODUCTS—3.9%
 
358,338
Inner Mongolia Yili Industrial Group Co. Ltd. Class A
(China)
 1,857
HEALTH CARE EQUIPMENT & SUPPLIES—7.3%
 
 16,200
Hoya Corp. (Japan)
 2,287
 
    646
Straumann Holding AG (Switzerland)
 1,198
 
 
 
 3,485
HOUSEHOLD DURABLES—2.6%
 
 11,900
Sony Group Corp. (Japan)
 1,243
INSURANCE—4.3%
 
170,745
AIA Group Ltd. (Hong Kong)
 2,043
INTERACTIVE MEDIA & SERVICES—3.2%
 
 25,408
Tencent Holdings Ltd. (China)
 1,532
INTERNET & DIRECT MARKETING RETAIL—3.6%
 
 70,928
Alibaba Group Holding Ltd. (China)*
 1,732
IT SERVICES—1.3%
 
    238
Adyen NV (Netherlands)*,1
   645
LEISURE PRODUCTS—2.8%
 
  5,200
Shimano Inc. (Japan)
 1,331
MACHINERY—2.4%
 
 12,900
Daifuku Co. Ltd. (Japan)
 1,156
PERSONAL PRODUCTS—5.8%
 
  3,912
L'Oreal SA (France)
 1,790
 
 17,148
Unilever plc (United Kingdom)
   987
 
 
 
 2,777
PHARMACEUTICALS—8.2%
 
 25,804
Novo Nordisk AS (Denmark)
 2,389
 
  3,942
Roche Holding AG (Switzerland)
 1,523
 
 
 
 3,912
PROFESSIONAL SERVICES—6.0%
 
 50,746
Experian plc (United Kingdom)
 2,234
 
 12,400
Recruit Holdings Co. Ltd. (Japan)
   643
 
 
 
 2,877
COMMON STOCKS—Continued
    
    
Shares
 
Value
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—6.8%
 
  1,309
ASML Holding NV (Netherlands)
 $1,000
 
 19,263
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
(Taiwan)2
 2,247
 
 
 
 3,247
SOFTWARE—3.6%
 
 13,945
Dassault Systemes SE (France)
   769
 
  6,543
SAP SE (Germany)
   939
 
 
 
 1,708
SPECIALTY RETAIL—2.4%
 
  1,700
Fast Retailing Co. Ltd. (Japan)
 1,153
TEXTILES, APPAREL & LUXURY GOODS—6.2%
 
  8,722
EssilorLuxottica SA (France)
 1,647
 
  1,624
LVMH Moet Hennessy Louis Vuitton SE (France)
 1,300
 
 
 
 2,947
THRIFTS & MORTGAGE FINANCE—4.5%
 
 64,849
Housing Development Finance Corp. Ltd. (India)
 2,136
TOTAL COMMON STOCKS
(Cost $36,749)
46,620
TOTAL INVESTMENTS—97.7%
(Cost $36,749)
46,620
CASH AND OTHER ASSETS, LESS LIABILITIES—2.3%
 1,104
TOTAL NET ASSETS—100.0%
$47,724
11
Harbor Focused International Fund

Portfolio of Investments—Continued
 
FAIR VALUE MEASUREMENTS
The following table summarizes the Fund’s investments as of July 31, 2021 based on the inputs used to value them. 
Asset Category
Quoted Prices
Level 1
(000s)
Other Significant
Observable Inputs
Level 2
(000s)
Significant
Unobservable
Inputs
Level 3
(000s)
Total
(000s)
Common Stocks
 
 
 
 
Europe
$—
$19,475
$—
$19,475
Middle East/Central Asia
—
2,136
—
2,136
Pacific Basin
2,247
22,762
—
25,009
Total Investments in Securities
$2,247
$44,373
$—
$46,620
There were no Level 3 Investments at July 31, 2021 or October 31, 2020.
For more information on valuation inputs and their aggregation into the levels used in the table above, please refer to the Fair Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments. 
 
*
Non-income producing security
1
Securities purchased in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt
from registration, normally to qualified institutional buyers. The Fund has no right to demand registration of these securities. At July 31, 2021, the aggregate value of
these securities was $645 or 1% of net assets.
2
Depositary receipts such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and other country specific depositary receipts are certificates
evidencing ownership of shares of a foreign issuer. These certificates are issued by depositary banks and generally trade on an established market in the U.S. or
elsewhere.
The accompanying notes are an integral part of the Portfolios of Investments.
12
Harbor Global Leaders Fund

Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands  
COMMON STOCKS—98.8%
    
    
Shares
 
Value
AEROSPACE & DEFENSE—4.9%
 
 26,311
Safran SA (France)
$3,444
 
  5,120
TransDigm Group Inc. (United States)*
  3,282
 
 
 
  6,726
AUTO COMPONENTS—2.6%
 
 21,175
Aptiv plc (United States)*
  3,533
BANKS—2.4%
 
 47,824
HDFC Bank Ltd. ADR (India)1
  3,375
BIOTECHNOLOGY—2.1%
 
 13,860
CSL Ltd. (Australia)
  2,951
CAPITAL MARKETS—4.3%
 
156,167
Allfunds Group plc (Netherlands)*
  2,752
 
 26,815
Intercontinental Exchange Inc. (United States)
  3,213
 
 
 
  5,965
COMMERCIAL SERVICES & SUPPLIES—2.8%
 
489,750
Rentokil Initial plc (United Kingdom)
  3,858
DIVERSIFIED CONSUMER SERVICES—5.5%
 
 16,107
Bright Horizons Family Solutions Inc. (United States)*
  2,408
 
 58,784
Chegg Inc. (United States)*
  5,210
 
 
 
  7,618
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS—3.9%
 
  9,760
Keyence Corp. (Japan)
  5,436
ENTERTAINMENT—3.2%
 
 16,078
Sea Ltd. ADR (Singapore)*,1
  4,440
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITs)—2.0%
 
  3,298
Equinix Inc. (United States)
  2,706
FOOD & STAPLES RETAILING—6.7%
 
154,221
Alimentation Couche-Tard Inc. (Canada)
  6,217
 
  8,410
Zur Rose Group AG (Switzerland)*
  3,127
 
 
 
  9,344
HEALTH CARE PROVIDERS & SERVICES—2.3%
 
  7,617
UnitedHealth Group Inc. (United States)
  3,140
INDUSTRIAL CONGLOMERATES—4.6%
 
 12,977
Roper Technologies Inc. (United States)
  6,376
INSURANCE—3.1%
 
362,700
AIA Group Ltd. (Hong Kong)
  4,340
INTERACTIVE MEDIA & SERVICES—3.0%
 
 11,141
Naver Corp. (South Korea)
  4,199
IT SERVICES—3.7%
 
 20,869
Visa Inc. (United States)
  5,142
LIFE SCIENCES TOOLS & SERVICES—7.1%
 
  3,372
Bio-Techne Corp. (United States)
  1,626
 
 18,426
Iqvia Holdings Inc. (United States)*
  4,564
 
  4,707
Lonza Group AG (Switzerland)
  3,665
 
 
 
  9,855
MEDIA—3.8%
 
  7,095
Charter Communications Inc. (United States)*
  5,279
COMMON STOCKS—Continued
    
    
Shares
 
Value
MULTILINE RETAIL—2.9%
 
 10,836
Dollar General Corp. (United States)
  $2,521
 
 73,100
Pan Pacific International Holdings Corp. (Japan)
  1,526
 
 
 
  4,047
PHARMACEUTICALS—2.5%
 
 17,199
Zoetis Inc. (United States)
  3,486
PROFESSIONAL SERVICES—5.7%
 
 50,481
CoStar Group Inc. (United States)*
  4,485
 
 66,350
Recruit Holdings Co. Ltd. (Japan)
  3,439
 
 
 
  7,924
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—6.6%
 
 41,553
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
(Taiwan)1
  4,847
 
 22,355
Texas Instruments Inc. (United States)
  4,261
 
 
 
  9,108
SOFTWARE—11.2%
 
 35,575
Cloudflare Inc. (United States)*
  4,220
 
  7,813
Coupa Software Inc. (United States)*
  1,695
 
  9,440
Intuit Inc. (United States)
  5,003
 
 16,168
Microsoft Corp. (United States)
  4,607
 
 
 
 15,525
TRADING COMPANIES & DISTRIBUTORS—1.9%
 
111,800
Monotaro Co. Ltd. (Japan)
  2,572
TOTAL COMMON STOCKS
(Cost $88,120)
136,945
TOTAL INVESTMENTS—98.8%
(Cost $88,120)
136,945
CASH AND OTHER ASSETS, LESS LIABILITIES—1.2%
  1,697
TOTAL NET ASSETS—100.0%
$138,642
13
Harbor Global Leaders Fund

Portfolio of Investments—Continued
 
FAIR VALUE MEASUREMENTS
The following table summarizes the Fund’s investments as of July 31, 2021 based on the inputs used to value them. 
Asset Category
Quoted Prices
Level 1
(000s)
Other Significant
Observable Inputs
Level 2
(000s)
Significant
Unobservable
Inputs
Level 3
(000s)
Total
(000s)
Common Stocks
 
 
 
 
Europe
$—
$16,846
$—
$16,846
Middle East/Central Asia
3,375
—
—
3,375
North America
82,974
—
—
82,974
Pacific Basin
9,288
24,462
—
33,750
Total Investments in Securities
$95,637
$41,308
$—
$136,945
There were no Level 3 Investments at July 31, 2021 or October 31, 2020.
For more information on valuation inputs and their aggregation into the levels used in the table above, please refer to the Fair Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments. 
 
*
Non-income producing security
1
Depositary receipts such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and other country specific depositary receipts are certificates
evidencing ownership of shares of a foreign issuer. These certificates are issued by depositary banks and generally trade on an established market in the U.S. or
elsewhere.
The accompanying notes are an integral part of the Portfolios of Investments.
14
Harbor International Fund

Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands  
COMMON STOCKS—99.2%
    
    
Shares
 
Value
AEROSPACE & DEFENSE—1.2%
 
   129,755
Airbus SE (France)*
$17,798
 
 2,222,065
BAE Systems plc (United Kingdom)
   17,815
 
 9,705,888
Rolls-Royce Holdings plc (United Kingdom)*
   13,405
 
    84,328
Thales SA (France)
    8,851
 
 
 
   57,869
AIR FREIGHT & LOGISTICS—0.2%
 
   167,732
Oesterreichische Post AG (Austria)
    8,854
AIRLINES—0.3%
 
   930,348
EasyJet plc (United Kingdom)
   10,916
 
 1,034,294
Qantas Airways Ltd. (Australia)*
    3,487
 
 
 
   14,403
AUTO COMPONENTS—1.0%
 
   358,000
Bridgestone Corp. (Japan)
   15,772
 
 1,701,935
Gestamp Automocion SA (Spain)*,1
    8,323
 
   686,956
GUD Holdings Ltd. (Australia)
    5,949
 
    45,868
Hankook Tire & Technology Co. Ltd. (South Korea)
    1,931
 
   554,500
Johnson Electric Holdings Ltd. (Hong Kong)
    1,299
 
   105,500
Koito Manufacturing Co. Ltd. (Japan)
    6,457
 
   270,800
Sumitomo Electric Industries Ltd. (Japan)
    3,847
 
    81,200
Toyota Industries Corp. (Japan)
    6,811
 
 
 
   50,389
AUTOMOBILES—1.6%
 
   196,619
Bayerische Motoren Werke AG (Germany)
   19,550
 
    14,268
Hyundai Motor Co. (South Korea)
    2,716
 
   508,701
Mahindra & Mahindra Ltd. (India)
    5,103
 
   572,800
Toyota Motor Corp. (Japan)
   51,423
 
 
 
   78,792
BANKS—8.3%
 
   757,275
Australia & New Zealand Banking Group Ltd.
(Australia)
   15,417
 
   969,356
Axis Bank Ltd. (India)*
    9,263
 
   681,400
Bangkok Bank PCL (Thailand)
    2,125
 
   471,800
Bank Central Asia TBK PT (Indonesia)
      974
 
 4,307,894
Bank of Ireland Group plc (Ireland)*
   22,854
 
22,968,245
Barclays plc (United Kingdom)
   55,562
 
   775,881
BNP Paribas SA (France)
   47,313
 
 6,270,835
Caixabank SA (Spain)
   18,624
 
     5,229
Capitec Bank Holdings Ltd. (South Africa)
      580
 
   253,741
Close Brothers Group plc (United Kingdom)
    5,439
 
   147,587
Danske Bank AS (Denmark)
    2,587
 
   743,534
DBS Group Holdings Ltd. (Singapore)
   16,638
 
   613,191
DNB Bank ASA (Norway)
   12,556
 
   212,000
Fukuoka Financial Group Inc. (Japan)
    3,573
 
   141,506
Hana Financial Group Inc. (South Korea)
    5,339
 
    27,395
HDFC Bank Ltd. ADR (India)2
    1,933
 
   790,369
HSBC Holdings plc (Hong Kong)
    4,362
 
 1,787,514
Intesa Sanpaolo SpA (Italy)
    4,938
 
   622,800
Kasikornbank PCL (Thailand)
    1,952
 
69,120,045
Lloyds Banking Group plc (United Kingdom)
   43,702
 
 6,215,400
Resona Holdings Inc. (Japan)
   23,337
 
   184,319
Shinhan Financial Group Co. Ltd. (South Korea)
    6,247
 
   940,861
Standard Chartered plc (United Kingdom)
    5,640
 
   467,100
Sumitomo Mitsui Financial Group Inc. (Japan)
   15,745
 
   397,700
Sumitomo Mitsui Trust Holdings Inc. (Japan)
   13,055
 
 2,009,945
Svenska Handelsbanken AB (Sweden)
   22,651
 
 2,336,380
UniCredit SpA (Italy)
   27,946
 
   304,300
United Overseas Bank Ltd. (Singapore)
    5,883
 
 
 
  396,235
COMMON STOCKS—Continued
    
    
Shares
 
Value
BEVERAGES—3.8%
 
   245,968
Anheuser-Busch InBev SA (Belgium)
   $15,524
 
    86,800
Asahi Group Holdings Ltd. (Japan)
    3,906
 
   110,720
Carlsberg AS (Denmark)
   20,459
 
   206,518
Coca-Cola Europacific Partners plc (United States)
   12,816
 
   872,759
Davide Campari-Milano NV (Italy)
   12,270
 
   712,142
Diageo plc (United Kingdom)
   35,312
 
   287,753
Heineken NV (Netherlands)
   33,509
 
 1,784,100
Kirin Holdings Co. Ltd. (Japan)
   32,633
 
    26,552
Pernod Ricard SA (France)
    5,860
 
   137,300
Suntory Beverage & Food Ltd. (Japan)
    4,814
 
10,189,400
Thai Beverage PCL (Singapore)
    4,880
 
   136,000
Tsingtao Brewery Co. Ltd. (China)
    1,075
 
 
 
  183,058
BUILDING PRODUCTS—2.3%
 
 1,438,489
Assa Abloy AB Class B (Sweden)
   46,141
 
    55,065
Geberit AG (Switzerland)
   45,213
 
   840,463
GWA Group Ltd. (Australia)
    1,736
 
   588,800
LIXIL Group Corp. (Japan)
   16,068
 
 
 
  109,158
CAPITAL MARKETS—2.4%
 
 2,094,021
3i Group plc (United Kingdom)
   37,217
 
   576,700
Daiwa Securities Group Inc. (Japan)
    3,033
 
   988,248
IG Group Holdings plc (United Kingdom)
   12,243
 
   113,000
JAFCO Group Co. Ltd. (Japan)
    6,455
 
   107,200
Japan Exchange Group Inc. (Japan)
    2,438
 
 2,821,017
Jupiter Fund Management plc (United Kingdom)
   10,602
 
 2,754,200
Nomura Holdings Inc. (Japan)
   13,792
 
   135,256
Rathbone Brothers plc (United Kingdom)
    3,524
 
   919,802
St. James's Place plc (United Kingdom)
   20,265
 
   213,083
UBS Group AG (Switzerland)
    3,511
 
 
 
  113,080
CHEMICALS—1.7%
 
   616,800
Air Water Inc. (Japan)
    9,221
 
   394,259
BASF SE (Germany)
   30,980
 
     9,000
Nippon Shokubai Co. Ltd. (Japan)
      433
 
   203,800
Nissan Chemical Corp. (Japan)
    9,989
 
    42,900
Nitto Denko Corp. (Japan)
    3,187
 
   890,654
Orica Ltd. (Australia)
    8,123
 
    47,600
Shin-Etsu Chemical Co. Ltd. (Japan)
    7,765
 
    95,900
Sumitomo Bakelite Co. Ltd. (Japan)
    4,174
 
   101,100
Tokyo Ohka Kogyo Co. Ltd. (Japan)
    6,553
 
 
 
   80,425
COMMERCIAL SERVICES & SUPPLIES—1.7%
 
    68,600
AEON Delight Co. Ltd. (Japan)
    2,257
 
 1,313,887
Brambles Ltd. (Australia)
   11,249
 
 4,391,862
Cleanaway Waste Management Ltd. (Australia)
    8,230
 
   170,374
Elis SA (France)*
    3,055
 
 2,215,847
HomeServe plc (United Kingdom)
   28,750
 
     1,295
S-1 Corp. (South Korea)
       91
 
   100,800
Secom Co. Ltd. (Japan)
    7,630
 
 8,001,317
Serco Group plc (United Kingdom)
   15,730
 
   123,400
Sohgo Security Services Co. Ltd. (Japan)
    5,770
 
 
 
   82,762
CONSTRUCTION & ENGINEERING—1.0%
 
   328,025
Boskalis Westminster NV (Netherlands)
   10,323
 
   141,017
Ferrovial SA (Spain)
    4,185
 
   809,800
Maeda Corp. (Japan)
    6,808
15
Harbor International Fund

Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands 
COMMON STOCKS—Continued
    
    
Shares
 
Value
CONSTRUCTION & ENGINEERING—Continued
 
 2,205,000
Obayashi Corp. (Japan)
   $18,031
 
 1,277,900
Penta-Ocean Construction Co. Ltd. (Japan)
    8,659
 
 
 
   48,006
CONSTRUCTION MATERIALS—1.7%
 
   108,773
CRH plc (Ireland)
    5,436
 
 1,104,713
Fletcher Building Ltd. (New Zealand)
    5,882
 
   380,419
Holcim Ltd. (Switzerland)*
   22,301
 
    38,587
Imerys SA (France)
    1,787
 
   130,648
James Hardie Industries PLC CDI (Australia)2
    4,408
 
   764,500
Taiheiyo Cement Corp. (Japan)
   17,812
 
    60,286
Vicat SA (France)
    3,039
 
   538,688
Wienerberger AG (Austria)
   22,020
 
 
 
   82,685
CONSUMER FINANCE—0.3%
 
 2,243,494
International Personal Finance plc (United Kingdom)
    4,657
 
 2,290,775
Non-Standard Finance plc (United Kingdom)*,1
      115
 
 1,629,691
Provident Financial plc (United Kingdom)*
    6,415
 
   291,724
Shriram Transport Finance Co. Ltd. (India)
    5,499
 
 
 
   16,686
CONTAINERS & PACKAGING—0.6%
 
 3,645,473
DS Smith plc (United Kingdom)
   21,415
 
   689,800
Toyo Seikan Group Holdings Ltd. (Japan)
    9,386
 
 
 
   30,801
DISTRIBUTORS—0.4%
 
 1,708,809
Inchcape plc (United Kingdom)
   20,184
DIVERSIFIED FINANCIAL SERVICES—0.3%
 
 3,725,351
AMP Ltd. (Australia)
    2,854
 
    99,000
Chailease Holding Co. Ltd. (Taiwan)
      821
 
   508,881
Challenger Ltd. (Australia)
    2,130
 
 4,632,000
First Pacific Co. Ltd. (Hong Kong)
    1,545
 
    63,954
Macquarie Group Ltd. (Australia)
    7,385
 
 
 
   14,735
DIVERSIFIED TELECOMMUNICATION SERVICES—1.4%
 
   562,905
Deutsche Telekom AG (Germany)
   11,683
 
 4,736,750
Koninklijke KPN NV (Netherlands)3
   15,543
 
 1,322,700
Nippon Telegraph & Telephone Corp. (Japan)
   33,872
 
 2,162,300
Singapore Telecommunications Ltd. (Singapore)
    3,624
 
 1,766,547
Telstra Corp. Ltd. (Australia)
    4,920
 
 
 
   69,642
ELECTRIC UTILITIES—0.5%
 
   173,962
Orsted AS (Denmark)1
   25,802
ELECTRICAL EQUIPMENT—3.5%
 
   736,347
ABB Ltd. (Switzerland)
   26,920
 
    11,750
Havells India Ltd. (India)
      185
 
   380,942
Legrand SA (France)
   42,931
 
    55,500
Mabuchi Motor Co. Ltd. (Japan)
    2,087
 
   182,544
Schneider Electric SE (France)
   30,574
 
 1,411,000
TECO Electric and Machinery Co. Ltd. (Taiwan)
    1,570
 
 1,746,074
Vestas Wind Systems AS (Denmark)
   64,386
 
 
 
  168,653
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS—1.0%
 
 1,173,000
Chroma ATE Inc. (Taiwan)
    8,263
 
 1,005,000
Delta Electronics Inc. (Taiwan)
   10,355
 
   186,100
Kyocera Corp. (Japan)
   11,500
COMMON STOCKS—Continued
    
    
Shares
 
Value
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS—Continued
 
    56,000
Omron Corp. (Japan)
    $4,792
 
    60,500
Shimadzu Corp. (Japan)
    2,440
 
    76,600
TDK Corp. (Japan)
    8,740
 
 
 
   46,090
ENERGY EQUIPMENT & SERVICES—0.5%
 
 1,927,077
John Wood Group plc (United Kingdom)*
    5,837
 
   309,794
Petrofac Ltd. (United Kingdom)*
      445
 
 6,989,335
Saipem SpA (Italy)
   16,035
 
    39,437
Technip Energies NV (France)*
      535
 
   192,881
TechnipFMC plc (France)
    1,396
 
 
 
   24,248
ENTERTAINMENT—0.8%
 
   173,211
CTS Eventim AG & Co. KGaA (Germany)*
   11,769
 
    62,400
Konami Holdings Corp. (Japan)
    3,456
 
 4,211,900
Major Cineplex Group PCL (Thailand)
    2,499
 
   381,513
Modern Times Group MTG AB Class B (Sweden)
    5,420
 
   106,800
Nexon Co. Ltd. (Japan)
    2,197
 
     9,000
Nintendo Co. Ltd. (Japan)
    4,627
 
     6,342
Sea Ltd. ADR (Singapore)*,2
    1,751
 
   165,400
Toho Co. Ltd. (Japan)
    7,201
 
 
 
   38,920
FOOD & STAPLES RETAILING—1.3%
 
    18,264
Bid Corp. Ltd. (South Africa)*
      401
 
    24,352
Clicks Group Ltd. (South Africa)
      441
 
   697,169
Koninklijke Ahold Delhaize NV (Netherlands)
   21,672
 
   104,700
Matsumotokiyoshi Holdings Co. Ltd. (Japan)
    4,652
 
 1,003,669
Metcash Ltd. (Australia)
    2,971
 
   359,100
Seven & I Holdings Co. Ltd. (Japan)
   16,023
 
   144,500
Sundrug Co. Ltd. (Japan)
    4,691
 
 3,609,106
Tesco plc (United Kingdom)
   11,684
 
     8,371
X5 Retail Group NV GDR (Russia)2
      271
 
 
 
   62,806
FOOD PRODUCTS—1.7%
 
    87,400
Calbee Inc. (Japan)
    2,008
 
   894,000
China Mengniu Dairy Co. Ltd. (China)*
    4,854
 
 1,405,056
Devro plc (United Kingdom)
    4,330
 
   163,100
Fuji Oil Holdings Inc. (Japan)
    3,692
 
   307,800
Megmilk Snow Brand Co. Ltd. (Japan)
    5,785
 
    67,400
Meiji Holdings Co. Ltd. (Japan)
    4,172
 
   161,300
NH Foods Ltd. (Japan)
    6,506
 
   620,700
Nippon Suisan Kaisha Ltd. (Japan)
    3,220
 
 3,932,000
Tingyi Cayman Islands Holding Corp. (China)
    7,089
 
   342,700
Toyo Suisan Kaisha Ltd. (Japan)
   13,083
 
 1,934,000
Uni-President China Holdings Ltd. (China)
    1,945
 
   197,914
Viscofan SA (Spain)
   13,744
 
 5,454,000
Want Want China Holdings Ltd. (China)
    3,681
 
   138,500
Yakult Honsha Co. Ltd. (Japan)
    8,185
 
 
 
   82,294
GAS UTILITIES—0.0%
 
    72,100
Tokyo Gas Co. Ltd. (Japan)
    1,365
HEALTH CARE EQUIPMENT & SUPPLIES—4.6%
 
   290,847
Coloplast AS Class B (Denmark)
   53,185
 
 7,432,366
ConvaTec Group plc (United Kingdom)1
   24,473
 
   561,595
Demant AS (Denmark)*
   34,323
 
   335,592
Getinge AB Class B (Sweden)
   14,584
 
   408,057
GN Store Nord AS (Denmark)
   35,759
 
    41,600
Hoya Corp. (Japan)
    5,873
16
Harbor International Fund

Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands 
COMMON STOCKS—Continued
    
    
Shares
 
Value
HEALTH CARE EQUIPMENT & SUPPLIES—Continued
 
   267,800
Japan Lifeline Co. Ltd. (Japan)
    $3,371
 
   446,296
Koninklijke Philips NV (Netherlands)
   20,579
 
   212,300
Olympus Corp. (Japan)
    4,369
 
   234,512
Smith & Nephew plc (United Kingdom)
    4,786
 
    52,967
Sonova Holding AG (Switzerland)
   20,797
 
 
 
  222,099
HEALTH CARE PROVIDERS & SERVICES—1.2%
 
   411,600
Alfresa Holdings Corp. (Japan)
    6,269
 
   174,585
Amplifon SpA (Italy)
    8,622
 
   403,122
Fresenius Medical Care AG & Co. KGaA (Germany)
   31,775
 
   467,500
MediPAL Holdings Corp. (Japan)
    8,804
 
   156,600
Ship Healthcare Holdings Inc. (Japan)
    3,949
 
 
 
   59,419
HOTELS, RESTAURANTS & LEISURE—4.4%
 
 3,147,000
Ajisen China Holdings Ltd. (China)
      579
 
    85,242
Aristocrat Leisure Ltd. (Australia)
    2,612
 
   287,397
Carnival plc (United Kingdom)*
    5,689
 
 1,902,312
Compass Group plc (United Kingdom)*
   40,195
 
 1,718,679
Entain plc (United Kingdom)*
   43,339
 
   276,702
Flutter Entertainment plc (Ireland)*
   47,256
 
   764,000
Galaxy Entertainment Group Ltd. (Hong Kong)*
    5,178
 
 6,866,500
Genting Singapore Ltd. (Singapore)
    4,097
 
    64,872
InterContinental Hotels Group PLC (United Kingdom)*
    4,284
 
   336,884
Playtech plc (United Kingdom)*
    1,732
 
 7,906,420
SSP Group plc (United Kingdom)*
   28,671
 
 3,457,943
TUI AG (Germany)
   16,192
 
   218,969
Yum China Holdings Inc. (China)
   13,618
 
 
 
  213,442
HOUSEHOLD DURABLES—1.0%
 
   592,679
Barratt Developments plc (United Kingdom)
    5,792
 
   361,200
Casio Computer Co. Ltd. (Japan)
    5,887
 
    45,300
Rinnai Corp. (Japan)
    4,208
 
   274,200
Sekisui Chemical Co. Ltd. (Japan)
    4,732
 
   141,500
Sony Group Corp. (Japan)
   14,782
 
 5,047,518
Taylor Wimpey plc (United Kingdom)
   11,540
 
 
 
   46,941
HOUSEHOLD PRODUCTS—0.7%
 
   140,900
Lion Corp. (Japan)
    2,439
 
   390,787
Reckitt Benckiser Group plc (United Kingdom)
   29,895
 
 
 
   32,334
INDUSTRIAL CONGLOMERATES—2.6%
 
   300,000
CK Hutchison Holdings Ltd. (Hong Kong)
    2,192
 
   218,286
DCC plc (United Kingdom)
   18,276
 
 1,356,900
Hitachi Ltd. (Japan)
   78,048
 
   322,900
Jardine Matheson Holdings Ltd. (Hong Kong)
   19,211
 
    41,666
LG Corp. (South Korea)
    3,415
 
    20,205
LX Holdings Corp. (South Korea)*
      183
 
 4,122,600
Sime Darby Berhad (Malaysia)
    2,100
 
 
 
  123,425
INSURANCE—5.0%
 
   480,639
Admiral Group plc (United Kingdom)
   22,705
 
 1,407,200
AIA Group Ltd. (Hong Kong)
   16,838
 
 1,170,571
AXA SA (France)
   30,314
 
 1,573,700
Dai-ichi Life Holdings Inc. (Japan)
   28,964
 
   278,300
Great Eastern Holdings Ltd. (Singapore)
    4,439
 
    38,340
Hannover Rueck SE (Germany)
    6,444
 
    33,986
Helvetia Holding AG (Switzerland)
    3,696
COMMON STOCKS—Continued
    
    
Shares
 
Value
INSURANCE—Continued
 
   501,406
Hiscox Ltd. (United Kingdom)
    $6,089
 
 1,867,045
Insurance Australia Group Ltd. (Australia)
    6,658
 
 1,578,100
Japan Post Holdings Co. Ltd. (Japan)*
   13,396
 
   184,500
MS&AD Insurance Group Holdings Inc. (Japan)
    5,703
 
   728,000
Ping An Insurance Group Co. of China Ltd. (China)
    6,371
 
   258,966
Prudential plc (United Kingdom)
    4,863
 
   920,016
QBE Insurance Group Ltd. (Australia)*
    7,373
 
   722,911
Sampo OYJ (Finland)
   34,793
 
    22,822
Samsung Fire & Marine Insurance Co. Ltd. (South
Korea)
    4,257
 
   390,800
Sompo Holdings Inc. (Japan)
   16,157
 
   403,400
T&D Holdings Inc. (Japan)
    5,161
 
   346,900
Tokio Marine Holdings Inc. (Japan)
   16,534
 
 
 
  240,755
INTERACTIVE MEDIA & SERVICES—1.8%
 
 1,684,080
Auto Trader Group plc (United Kingdom)1
   15,258
 
    64,694
Baidu Inc. ADR (China)*,2
   10,610
 
   637,284
Carsales.com Ltd. (Australia)
   10,276
 
   645,361
Domain Holdings Australia Ltd. (Australia)*
    2,314
 
 5,011,117
Rightmove plc (United Kingdom)
   48,881
 
 
 
   87,339
INTERNET & DIRECT MARKETING RETAIL—1.8%
 
   613,546
HelloFresh SE (Germany)*
   57,513
 
   165,243
Just Eat Takeaway.com NV (Netherlands)*,1
   14,674
 
    13,393
Naspers Ltd. (South Africa)
    2,584
 
    64,668
Trip.com Group Ltd. ADR (China)2
    1,677
 
    64,077
Vipshop Holdings Ltd. ADR (China)*,2
    1,066
 
    18,783
Zooplus AG (Germany)*
    6,396
 
   114,900
ZOZO Inc. (Japan)
    3,913
 
 
 
   87,823
IT SERVICES—2.9%
 
   102,145
Alten SA (France)
   16,238
 
15,272,555
Capita plc (United Kingdom)*
    7,482
 
   467,452
Edenred (France)
   27,157
 
   122,345
Genpact Ltd. (United States)
    6,094
 
    91,458
Infosys Ltd. ADR (India)2
    2,023
 
   313,100
NEC Corp. (Japan)
   15,880
 
   249,700
NET One Systems Co. Ltd. (Japan)
    8,563
 
    74,200
Nomura Research Institute Ltd. (Japan)
    2,388
 
   185,800
NS Solutions Corp. (Japan)
    5,915
 
 1,365,700
NTT Data Corp. (Japan)
   21,154
 
    65,000
Otsuka Corp. (Japan)
    3,377
 
    41,761
Reply SpA (Italy)
    7,465
 
   217,700
SCSK Corp. (Japan)
   13,121
 
    13,208
Tata Consultancy Services Ltd. (India)
      562
 
 
 
  137,419
LEISURE PRODUCTS—0.7%
 
   167,400
Bandai Namco Holdings Inc. (Japan)
   10,831
 
 1,057,000
Giant Manufacturing Co. Ltd. (Taiwan)
   12,173
 
    58,000
Merida Industry Co. Ltd. (Taiwan)
      697
 
   726,600
Sega Sammy Holdings Inc. (Japan)
    9,165
 
 
 
   32,866
LIFE SCIENCES TOOLS & SERVICES—0.8%
 
   273,664
Eurofins Scientific SE (France)
   32,734
 
    49,429
Gerresheimer AG (Germany)
    5,161
 
 
 
   37,895
17
Harbor International Fund

Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands 
COMMON STOCKS—Continued
    
    
Shares
 
Value
MACHINERY—3.1%
 
   101,916
Andritz AG (Austria)
    $5,611
 
 2,375,980
CNH Industrial NV (Italy)
   39,673
 
    62,600
Daifuku Co. Ltd. (Japan)
    5,610
 
   608,907
Fluidra SA (Spain)
   24,684
 
    99,002
GEA Group AG (Germany)
    4,390
 
    27,800
Hoshizaki Corp. (Japan)
    2,334
 
    65,400
Makita Corp. (Japan)
    3,401
 
   326,100
NSK Ltd. (Japan)
    2,691
 
   882,696
Rotork plc (United Kingdom)
    4,426
 
   987,970
Sandvik AB (Sweden)
   25,763
 
   196,555
Stabilus SA (Germany)
   15,604
 
   155,500
Techtronic Industries Co. Ltd. (Hong Kong)
    2,773
 
   670,340
Wartsila OYJ ABP (Finland)
   10,098
 
   266,000
Weichai Power Co. Ltd. (China)
      583
 
 
 
  147,641
MARINE—0.1%
 
 1,366,468
Irish Continental Group plc (Ireland)
    7,180
MEDIA—2.7%
 
   318,806
Daily Mail & General Trust plc (United Kingdom)
    4,848
 
   284,472
Euromoney Institutional Investor plc (United Kingdom)
    4,020
 
   999,000
Fuji Media Holdings Inc. (Japan)
   10,838
 
   308,600
Hakuhodo DY Holdings Inc. (Japan)
    4,694
 
   793,493
Informa plc (United Kingdom)*
    5,452
 
15,230,820
ITV plc (United Kingdom)*
   23,683
 
   576,003
JC Decaux SA (France)*
   15,713
 
   454,825
Nine Entertainment Co. Holdings Ltd. (Australia)
      927
 
   944,100
Nippon Television Holdings Inc. (Japan)
   10,497
 
   279,619
Nordic Entertainment Group AB (Sweden)*
   14,932
 
   168,418
Schibsted ASA Class A (Norway)
    8,927
 
    72,350
Schibsted ASA Class B (Norway)
    3,347
 
 5,074,226
Sky Network Television Ltd. (New Zealand)*
      583
 
 1,530,039
WPP plc (United Kingdom)
   19,788
 
 
 
  128,249
METALS & MINING—3.9%
 
   848,770
Acerinox SA (Spain)
   11,346
 
    25,113
African Rainbow Minerals Ltd. (South Africa)
      511
 
 1,051,902
ArcelorMittal SA (France)
   36,738
 
   524,906
BHP Group Ltd. (Australia)
   20,618
 
   582,727
BlueScope Steel Ltd. (Australia)
   10,334
 
 1,608,885
Evolution Mining Ltd. (Australia)
    4,893
 
    68,149
First Quantum Minerals Ltd. (Canada)
    1,460
 
 8,292,838
Glencore plc (United Kingdom)*
   37,244
 
   381,668
Newcrest Mining Ltd. (Australia)
    7,377
 
   570,500
Nippon Steel Corp. (Japan)
    9,897
 
   482,627
Rio Tinto plc (United Kingdom)
   40,994
 
    17,503
Severstal PJSC GDR (Russia)2
      431
 
    45,357
Southern Copper Corp. (Peru)
    2,977
 
    95,000
Sumitomo Metal Mining Co. Ltd. (Japan)
    3,850
 
 
 
  188,670
MULTILINE RETAIL—0.1%
 
   302,800
Marui Group Co. Ltd. (Japan)
    5,304
OIL, GAS & CONSUMABLE FUELS—2.4%
 
    97,537
Ampol Ltd. (Australia)
    2,030
 
 3,360,215
Beach Energy Ltd. (Australia)
    2,956
 
18,053,623
BP plc (United Kingdom)
   72,468
 
 1,666,752
Equinor ASA (Norway)
   32,467
COMMON STOCKS—Continued
    
    
Shares
 
Value
OIL, GAS & CONSUMABLE FUELS—Continued
 
 1,257,621
Oil Search Ltd. (Australia)
    $3,515
 
    64,520
Washington H Soul Pattinson & Co. Ltd. (Australia)
    1,553
 
 
 
  114,989
PAPER & FOREST PRODUCTS—0.3%
 
 2,142,000
Oji Holdings Corp. (Japan)
   12,350
PERSONAL PRODUCTS—1.2%
 
    26,673
AMOREPACIFIC Group (South Korea)
    1,337
 
    11,387
Dabur India Ltd. (India)
       92
 
   135,300
Kao Corp. (Japan)
    8,147
 
    17,600
Kose Corp. (Japan)
    2,781
 
 1,188,500
L'Occitane International SA (Hong Kong)
    4,132
 
   101,500
Mandom Corp. (Japan)
    1,721
 
    14,584
Marico Ltd. (India)
      107
 
    73,300
Rohto Pharmaceutical Co. Ltd. (Japan)
    1,932
 
   554,948
Unilever plc (United Kingdom)
   31,938
 
 2,298,000
Uni-President Enterprises Corp. (Taiwan)
    6,027
 
 
 
   58,214
PHARMACEUTICALS—3.9%
 
   361,300
Astellas Pharma Inc. (Japan)
    5,755
 
   763,711
Novo Nordisk AS (Denmark)
   70,698
 
   133,600
Otsuka Holdings Co. Ltd. (Japan)
    5,310
 
   224,553
Roche Holding AG (Switzerland)
   86,748
 
    44,200
Sawai Group Holdings Co. Ltd. (Japan)
    1,893
 
   118,300
Takeda Pharmaceutical Co. Ltd. (Japan)
    3,938
 
   334,500
Tsumura & Co. (Japan)
   10,551
 
 
 
  184,893
PROFESSIONAL SERVICES—4.2%
 
   443,978
Adecco Group AG (Switzerland)
   26,588
 
   722,909
ALS Ltd. (Australia)
    6,789
 
   485,133
Experian plc (United Kingdom)
   21,358
 
12,163,676
Hays plc (United Kingdom)*
   25,004
 
   645,142
Intertek Group plc (United Kingdom)
   46,222
 
   397,910
IPH Ltd. (Australia)
    2,366
 
   359,300
Nomura Co. Ltd. (Japan)
    2,801
 
   836,401
PageGroup plc (United Kingdom)*
    7,145
 
   194,100
Persol Holdings Co. Ltd. (Japan)
    3,916
 
    72,717
Randstad NV (Netherlands)
    5,276
 
 1,090,847
RELX plc (United Kingdom)
   32,065
 
   504,913
RWS Holdings plc (United Kingdom)
    3,974
 
   108,300
TechnoPro Holdings Inc. (Japan)
    2,709
 
    34,808
Teleperformance (France)
   14,682
 
 
 
  200,895
REAL ESTATE MANAGEMENT & DEVELOPMENT—0.4%
 
    29,400
Daito Trust Construction Co. Ltd. (Japan)
    3,454
 
   330,600
Daiwa House Industry Co. Ltd. (Japan)
   10,136
 
   130,900
Mitsubishi Estate Co. Ltd. (Japan)
    2,054
 
   524,000
Swire Pacific Ltd. (Hong Kong)
    3,255
 
 
 
   18,899
ROAD & RAIL—0.5%
 
   958,380
Aurizon Holdings Ltd. (Australia)
    2,720
 
   187,900
East Japan Railway Co. (Japan)
   12,518
 
 1,090,807
National Express Group plc (United Kingdom)*
    4,122
 
   341,200
Senko Group Holdings Co. Ltd. (Japan)
    3,453
 
 
 
   22,813
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—1.6%
 
   211,200
ASM Pacific Technology Ltd. (Hong Kong)
    2,723
18
Harbor International Fund

Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands 
COMMON STOCKS—Continued
    
    
Shares
 
Value
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—Continued
 
    33,422
ASML Holding NV (Netherlands)
   $25,547
 
    82,000
MediaTek Inc. (Taiwan)
    2,681
 
   764,500
Renesas Electronics Corp. (Japan)*
    8,298
 
   157,000
ROHM Co. Ltd. (Japan)
   15,317
 
    35,806
SK Hynix Inc. (South Korea)
    3,505
 
   819,000
Taiwan Semiconductor Manufacturing Co. Ltd.
(Taiwan)
   17,117
 
 
 
   75,188
SOFTWARE—0.0%
 
    11,000
Oracle Corp. Japan (Japan)
      822
SPECIALTY RETAIL—0.8%
 
    90,400
ABC-Mart Inc. (Japan)
    4,985
 
13,570,200
Esprit Holdings Ltd. (Hong Kong)*
    1,084
 
   527,529
Pepkor Holdings Ltd. (South Africa)*,1
      754
 
 1,591,154
Pets at Home Group plc (United Kingdom)
   10,338
 
   239,600
USS Co. Ltd. (Japan)
    4,171
 
   769,902
WH Smith plc (United Kingdom)*
   17,364
 
   100,500
Zhongsheng Group Holdings (China)
      926
 
 
 
   39,622
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS—1.0%
 
    46,000
Advantech Co. Ltd. (Taiwan)
      600
 
   279,000
King Slide Works Co. Ltd. (Taiwan)
    3,719
 
   144,612
Logitech International SA (Switzerland)
   15,889
 
   134,684
Quadient SA (France)
    3,953
 
   323,987
Samsung Electronics Co Ltd. (South Korea)
   22,140
 
 
 
   46,301
TEXTILES, APPAREL & LUXURY GOODS—2.8%
 
    92,344
Adidas AG (Germany)
   33,517
 
   311,500
ASICS Corp. (Japan)
    6,879
 
   279,624
Cie Financiere Richemont SA (Switzerland)
   35,783
 
   408,168
Cie Financiere Richemont SA ADR (South Africa)2
    5,209
 
   209,574
EssilorLuxottica SA (France)
   39,564
 
   263,500
Li Ning Co. Ltd. (China)
    2,783
 
   592,600
Onward Holdings Co. Ltd. (Japan)
    1,627
 
   774,900
Samsonite International SA (Hong Kong)*,1
    1,442
 
   205,718
Shenzhou International Group Holdings Ltd. (China)
    4,566
 
 1,964,000
Stella International Holdings Ltd. (Hong Kong)*
    2,505
 
 
 
  133,875
THRIFTS & MORTGAGE FINANCE—0.1%
 
   187,326
Housing Development Finance Corp. Ltd. (India)
    6,170
TOBACCO—0.5%
 
    96,176
British American Tobacco plc (United Kingdom)
    3,577
 
   193,000
Japan Tobacco Inc. (Japan)
    3,771
 
 1,643,212
Swedish Match AB (Sweden)
   14,715
 
 
 
   22,063
COMMON STOCKS—Continued
    
    
Shares
 
Value
TRADING COMPANIES & DISTRIBUTORS—1.5%
 
    95,100
BOC Aviation Ltd. (China)1
      $699
 
   339,384
Brenntag SE (Germany)
   33,898
 
   777,592
Bunzl plc (United Kingdom)
   28,808
 
   263,900
ITOCHU Corp. (Japan)
    7,811
 
 
 
   71,216
TRANSPORTATION INFRASTRUCTURE—0.4%
 
   654,817
Getlink SE (France)
   10,489
 
   222,000
Mitsubishi Logistics Corp. (Japan)
    6,596
 
 
 
   17,085
WIRELESS TELECOMMUNICATION SERVICES—0.7%
 
 1,793,127
Bharti Airtel Ltd. (India)
   13,638
 
   590,700
KDDI Corp. (Japan)
   18,066
 
 
 
   31,704
TOTAL COMMON STOCKS
(Cost $3,770,313)
4,763,842
 
PREFERRED STOCKS—0.5%
AUTOMOBILES—0.5%
 
    97,464
Volkswagen AG (Germany)
   23,740
PERSONAL PRODUCTS—0.0%
 
    10,588
AMOREPACIFIC Group (South Korea)
      375
TOTAL PREFERRED STOCKS
(Cost $16,269)
   24,115
 
SHORT-TERM INVESTMENTS—0.1%
(Cost $2,924)
 
INVESTMENT COMPANY-SECURITIES LENDING INVESTMENT FUND—0.1%
 
 2,924,009
State Street Navigator Securities Lending Government
Money Market Portfolio (1 day yield of 0.050%)4
    2,924
TOTAL INVESTMENTS—99.8%
(Cost $3,789,506)
4,790,881
CASH AND OTHER ASSETS, LESS LIABILITIES—0.2%
    9,151
TOTAL NET ASSETS—100.0%
$4,800,032
 
RIGHTS/WARRANTS 
Description
No. of Contracts
Strike Price
Expiration Date
Cost
(000s)
Value
(000s)
Cie Financiere Richemont SA
805,198
ZAR  116.62
09/12/2023
$ —
$45
19
Harbor International Fund

Portfolio of Investments—Continued
 
FAIR VALUE MEASUREMENTS
The following table summarizes the Fund’s investments as of July 31, 2021 based on the inputs used to value them. 
Asset Category
Quoted Prices
Level 1
(000s)
Other Significant
Observable Inputs
Level 2
(000s)
Significant
Unobservable
Inputs
Level 3
(000s)
Total
(000s)
Investments in Securities
 
 
 
 
Common Stocks
 
 
 
 
Africa
$—
$10,480
$—
$10,480
Europe
702
3,156,337
—
3,157,039
Latin America
2,977
—
—
2,977
Middle East/Central Asia
4,902
39,673
—
44,575
North America
20,371
—
—
20,370
Pacific Basin
35,481
1,492,919
—
1,528,401
Preferred Stocks
 
 
 
 
Europe
—
23,740
—
23,740
Pacific Basin
—
375
—
375
Short-Term Investments
 
 
 
 
Investment Company-Securities Lending Investment Fund
2,924
—
—
2,924
Total Investments in Securities
$67,357
$4,723,524
$—
$4,790,881
Financial Derivatives Instruments - Assets
 
 
 
 
Rights/Warrants
$45
$—
$—
$45
Total Investments
$67,402
$4,723,524
$—
$4,790,926
There were no Level 3 Investments at July 31, 2021 or October 31, 2020.
For more information on valuation inputs and their aggregation into the levels used in the table above, please refer to the Fair Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments.
 
*
Non-income producing security
1
Securities purchased in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt
from registration, normally to qualified institutional buyers. The Fund has no right to demand registration of these securities. At July 31, 2021, the aggregate value
of these securities was $91,540 or 2% of net assets.
2
Depositary receipts such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and other country specific depositary receipts are certificates
evidencing ownership of shares of a foreign issuer. These certificates are issued by depositary banks and generally trade on an established market in the U.S. or
elsewhere.
3
All or a portion of this security was out on loan as of July 31, 2021. The market value of securities on loan was $15,235 and the related cash collateral and non-cash
collateral were $2,924 and $13,133, respectively.
4
Represents the investment of collateral received from securities lending activities
ZAR
South African Rand
The accompanying notes are an integral part of the Portfolios of Investments.
20
Harbor International Growth Fund

Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands  
COMMON STOCKS—96.0%
    
    
Shares
 
Value
AUTO COMPONENTS—0.8%
 
   95,140
Denso Corp. (Japan)
  $6,536
AUTOMOBILES—0.8%
 
  165,760
Suzuki Motor Corp. (Japan)
  6,744
BANKS—1.1%
 
  500,007
United Overseas Bank Ltd. (Singapore)
  9,667
BEVERAGES—3.2%
 
   61,288
Remy Cointreau SA (France)
 13,463
 
5,233,740
Thai Beverage PCL (Singapore)
  2,506
 
  968,000
Tsingtao Brewery Co. Ltd. (China)
  7,651
 
  434,926
United Spirits Ltd. (India)*
  3,760
 
 
 
 27,380
BIOTECHNOLOGY—1.2%
 
   19,775
BeiGene Ltd. ADR (China)*,1
  6,260
 
  165,704
Burning Rock Biotech Ltd. ADR (China)*,1
  3,775
 
 
 
 10,035
BUILDING PRODUCTS—2.2%
 
1,574,632
NIBE Industrier AB (Sweden)
 18,817
CAPITAL MARKETS—1.4%
 
  517,848
Hargreaves Lansdown plc (United Kingdom)
 11,745
CHEMICALS—2.7%
 
  404,353
Asian Paints Ltd. (India)
 16,075
 
  163,893
Johnson Matthey plc (United Kingdom)
  6,774
 
 
 
 22,849
COMMERCIAL SERVICES & SUPPLIES—0.5%
 
  345,202
HomeServe plc (United Kingdom)
  4,479
DIVERSIFIED FINANCIAL SERVICES—1.3%
 
  434,360
Investor AB Class B (Sweden)
 10,757
ELECTRICAL EQUIPMENT—2.6%
 
  104,756
Contemporary Amperex Technology Co. Ltd. (China)
  8,990
 
  120,380
Nidec Corp. (Japan)
 13,512
 
 
 
 22,502
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS—2.7%
 
   17,840
Keyence Corp. (Japan)
  9,937
 
  156,460
Murata Manufacturing Co. Ltd. (Japan)
 12,984
 
 
 
 22,921
ENERGY EQUIPMENT & SERVICES—0.2%
 
  641,808
John Wood Group plc (United Kingdom)*
  1,944
ENTERTAINMENT—1.8%
 
   42,712
Spotify Technology SA (Sweden)*
  9,767
 
   89,214
Ubisoft Entertainment SA (France)*
  5,656
 
 
 
 15,423
FOOD & STAPLES RETAILING—2.9%
 
  410,708
Jeronimo Martins SGPS SA (Portugal)
  8,372
 
1,654,180
Raia Drogasil SA (Brazil)*
  8,017
 
   59,220
Sugi Holdings Co. Ltd. (Japan)
  4,370
 
1,155,089
Wal-Mart de Mexico SAB de CV (Mexico)
  3,805
 
 
 
 24,564
HEALTH CARE EQUIPMENT & SUPPLIES—4.9%
 
   72,685
Cochlear Ltd. (Australia)
 13,150
COMMON STOCKS—Continued
    
    
Shares
 
Value
HEALTH CARE EQUIPMENT & SUPPLIES—Continued
 
  625,780
Olympus Corp. (Japan)
 $12,878
 
  131,640
Sysmex Corp. (Japan)
 15,664
 
 
 
 41,692
HOUSEHOLD PRODUCTS—0.4%
 
  128,640
Pigeon Corp. (Japan)
  3,704
INSURANCE—3.1%
 
1,070,960
AIA Group Ltd. (Hong Kong)
 12,815
 
   10,856
Fairfax Financial Holdings Ltd. (Canada)
  4,573
 
  211,083
ICICI Lombard General Insurance Co Ltd. (India)2
  4,195
 
  615,600
Ping An Insurance Group Co. of China Ltd. (China)
  5,387
 
 
 
 26,970
INTERACTIVE MEDIA & SERVICES—6.4%
 
1,393,907
Auto Trader Group plc (United Kingdom)2
 12,629
 
   36,836
Baidu Inc. ADR (China)*,1
  6,041
 
  240,640
Kakaku.com Inc. (Japan)
  6,567
 
   25,730
Naver Corp. (South Korea)
  9,698
 
1,563,130
Rightmove plc (United Kingdom)
 15,247
 
  221,968
SEEK Ltd (Australia)
  4,802
 
 
 
 54,984
INTERNET & DIRECT MARKETING RETAIL—13.4%
 
   79,825
Alibaba Group Holding Ltd. ADR (China)*,1
 15,581
 
   80,251
ASOS plc (United Kingdom)*
  4,243
 
  100,294
AUTO1 Group SE (Germany)*,2
  4,913
 
  109,904
Coupang Inc. (South Korea)*
  3,992
 
   61,216
Games Workshop Group plc (United Kingdom)
  9,672
 
  100,258
MakeMyTrip Ltd. (India)*
  2,853
 
  384,340
Meituan Dianping Class B (China)*,2
 10,635
 
    8,396
MercadoLibre Inc. (Argentina)*
 13,171
 
   61,257
Naspers Ltd. (South Africa)
 11,821
 
   59,038
Prosus NV (Netherlands)*
  5,267
 
1,297,447
Trainline plc (United Kingdom)*,2
  6,117
 
  134,536
Trip.com Group Ltd. ADR (China)1
  3,489
 
  206,510
Zalando SE (Germany)*,2
 22,946
 
 
 
114,700
IT SERVICES—4.3%
 
   75,626
Bechtle AG (Germany)
 15,615
 
   14,014
Shopify Inc. (Canada)*
 21,020
 
 
 
 36,635
LEISURE PRODUCTS—1.3%
 
   42,880
Shimano Inc. (Japan)
 10,976
LIFE SCIENCES TOOLS & SERVICES—2.1%
 
   12,201
Mettler-Toledo International Inc. (Switzerland)*
 17,981
MACHINERY—9.1%
 
  186,835
Atlas Copco AB Class A (Sweden)
 12,653
 
   83,469
Atlas Copco AB Class B (Sweden)
  4,746
 
  456,365
Epiroc AB Class B (Sweden)*
  9,169
 
  121,481
Kone OYJ Class B (Finland)
 10,062
 
    8,522
Rational AG (Germany)
  9,280
 
   21,480
SMC Corp. (Japan)
 12,769
 
  792,800
Techtronic Industries Co. Ltd. (Hong Kong)
 14,138
 
  202,406
Weir Group plc (United Kingdom)
  4,874
 
 
 
 77,691
PERSONAL PRODUCTS—2.1%
 
   77,740
Kao Corp. (Japan)
  4,681
21
Harbor International Growth Fund

Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands 
COMMON STOCKS—Continued
    
    
Shares
 
Value
PERSONAL PRODUCTS—Continued
 
  162,120
Shiseido Co. Ltd. (Japan)
 $10,835
 
  421,107
Yatsen Holding Ltd. ADR (China)*,1
  2,838
 
 
 
 18,354
PROFESSIONAL SERVICES—1.9%
 
   99,319
Intertek Group plc (United Kingdom)
  7,116
 
  171,700
Recruit Holdings Co. Ltd. (Japan)
  8,899
 
 
 
 16,015
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—6.9%
 
   37,863
ASML Holding NV (Netherlands)
 28,942
 
  257,813
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
(Taiwan)1
 30,071
 
 
 
 59,013
SOFTWARE—2.2%
 
   72,341
Nemetschek SE (Germany)
  6,384
 
  117,807
Xero Ltd. (New Zealand)*
 12,223
 
 
 
 18,607
SPECIALTY RETAIL—1.3%
 
  318,423
Industria de Diseno Textil SA (Spain)
 10,800
TEXTILES, APPAREL & LUXURY GOODS—8.0%
 
   30,057
Adidas AG (Germany)
 10,909
 
  228,911
Burberry Group plc (United Kingdom)
  6,566
 
  114,969
Cie Financiere Richemont SA (Switzerland)
 14,713
 
   11,031
Kering SA (France)
  9,896
COMMON STOCKS—Continued
    
    
Shares
 
Value
TEXTILES, APPAREL & LUXURY GOODS—Continued
 
1,498,900
Li Ning Co. Ltd. (China)
 $15,830
 
   13,666
LVMH Moet Hennessy Louis Vuitton SE (France)
 10,942
 
 
 
 68,856
THRIFTS & MORTGAGE FINANCE—1.3%
 
  348,984
Housing Development Finance Corp. Ltd. (India)
 11,495
TRADING COMPANIES & DISTRIBUTORS—1.1%
 
   57,135
IMCD Group NV (Netherlands)
  9,899
WIRELESS TELECOMMUNICATION SERVICES—0.8%
 
  115,280
SoftBank Group Corp. (Japan)
  7,249
TOTAL COMMON STOCKS
(Cost $515,478)
821,984
 
PREFERRED STOCKS—2.3%
(Cost $4,668)
 
HEALTH CARE EQUIPMENT & SUPPLIES—2.3%
 
   33,462
Sartorius AG (Germany)
 20,242
TOTAL INVESTMENTS—98.3%
(Cost $520,146)
842,226
CASH AND OTHER ASSETS, LESS LIABILITIES—1.7%
 14,226
TOTAL NET ASSETS—100.0%
$856,452
 
FAIR VALUE MEASUREMENTS
The following table summarizes the Fund’s investments as of July 31, 2021 based on the inputs used to value them. 
Asset Category
Quoted Prices
Level 1
(000s)
Other Significant
Observable Inputs
Level 2
(000s)
Significant
Unobservable
Inputs
Level 3
(000s)
Total
(000s)
Common Stocks
 
 
 
 
Africa
$—
$11,821
$—
$11,821
Europe
27,748
345,607
—
373,355
Latin America
27,831
—
—
27,831
Middle East/Central Asia
2,853
35,525
—
38,378
North America
25,593
—
—
25,593
Pacific Basin
69,209
275,797
—
345,006
Preferred Stocks
 
 
 
 
Europe
—
20,242
—
20,242
Total Investments in Securities
$153,234
$688,992
$—
$842,226
For more information on valuation inputs and their aggregation into the levels used in the table above, please refer to the Fair Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments.
22
Harbor International Growth Fund

Portfolio of Investments—Continued
FAIR VALUE MEASUREMENTS—Continued 
The following is a rollforward of the Fund’s Level 3 investments during the period ended July 31, 2021. Transfers into or out of Level 3 are recognized as of the last day in the fiscal quarter of the period in which the event or change in circumstances that caused the reclassification occured. 
Valuation Description
Beginning
Balance
as of
11/01/2020
(000s)
Purchases
(000s)
Sales
(000s)
Discount/
(Premium)
(000s)
Total Realized
Gain/(Loss)
(000s)
Change in
Unrealized
Appreciation/
(Depreciation)
(000s)
Transfers
Into Level 3
(000s)
Transfers
Out of
Level 3h
(000s)
Ending
Balance
as of
07/31/2021
(000s)
Unrealized
Gain/
Loss
as of
07/31/2021
(000s)
Common Stocks
$6,629
$438
$(5,560)
$—
$2,106
$1,189
$—
$(4,802)
$—
$—
 
 
*
Non-income producing security
1
Depositary receipts such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and other country specific depositary receipts are certificates
evidencing ownership of shares of a foreign issuer. These certificates are issued by depositary banks and generally trade on an established market in the U.S. or
elsewhere.
2
Securities purchased in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt
from registration, normally to qualified institutional buyers. The Fund has no right to demand registration of these securities. At July 31, 2021, the aggregate value of
these securities was $61,435 or 7% of net assets.
h
Transferred from Level 3 to Level 2 due to the availability of observable market data for pricing
The accompanying notes are an integral part of the Portfolios of Investments.
23
Harbor International Small Cap Fund

Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands  
COMMON STOCKS—96.1%
    
    
Shares
 
Value
AEROSPACE & DEFENSE—2.0%
 
   60,794
Hensoldt AG (Germany)
 $1,059
AUTO COMPONENTS—1.9%
 
  427,380
Johnson Electric Holdings Ltd. (Hong Kong)
 1,002
BANKS—1.9%
 
  360,139
Virgin Money UK plc (United Kingdom)*
 1,000
BEVERAGES—1.5%
 
  242,986
C&C Group plc (Ireland)*
   799
CAPITAL MARKETS—0.5%
 
   93,531
TP ICAP Group plc (Jersey)
   254
CHEMICALS—5.4%
 
   34,000
KH Neochem Co. Ltd. (Japan)
   804
 
   71,526
Neo Performance Materials Inc. (Canada)
 1,073
 
   26,171
Victrex plc (United Kingdom)
   965
 
 
 
 2,842
COMMERCIAL SERVICES & SUPPLIES—4.8%
 
   43,038
ISS AS (Denmark)*
 1,016
 
   30,467
Loomis AB (Sweden)
 1,021
 
  176,823
Mears Group PLC (United Kingdom)
   467
 
 
 
 2,504
CONSTRUCTION & ENGINEERING—3.5%
 
  265,507
Maire Tecnimont SpA (Italy)
   982
 
   47,153
Raito Kogyo Co. Ltd. (Japan)
   844
 
 
 
 1,826
CONSUMER FINANCE—1.4%
 
  156,073
Resurs Holding AB (Sweden)1
   753
CONTAINERS & PACKAGING—3.3%
 
   39,600
BillerudKorsnas AB (Sweden)
   857
 
  327,230
Orora Ltd. (Australia)
   867
 
 
 
 1,724
DISTRIBUTORS—1.0%
 
    2,768
DKSH Holding AG (Switzerland)
   234
 
    6,600
PALTAC Corp. (Japan)
   307
 
 
 
   541
ELECTRICAL EQUIPMENT—1.4%
 
   19,192
Mersen SA (France)
   762
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS—10.4%
 
   42,326
Amano Corp. (Japan)
 1,044
 
   51,820
Daiwabo Holdings Co. Ltd. (Japan)
 1,046
 
   13,945
Landis+Gyr Group AG (Switzerland)*
 1,104
 
   30,000
Nohmi Bosai Ltd. (Japan)
   574
 
   53,725
Optex Group Co. Ltd. (Japan)
   829
 
   61,020
Venture Corp. Ltd. (Singapore)
   856
 
 
 
 5,453
ENERGY EQUIPMENT & SERVICES—1.6%
 
   63,073
Technip Energies NV (France)*
   855
FOOD & STAPLES RETAILING—1.4%
 
   53,368
Qol Holdings Co. Ltd. (Japan)
   740
FOOD PRODUCTS—5.9%
 
  697,540
Aryzta AG (Switzerland)*
   929
 
   73,002
Elders Ltd. (Australia)
   607
COMMON STOCKS—Continued
    
    
Shares
 
Value
FOOD PRODUCTS—Continued
 
   55,215
Glanbia plc (Ireland)
   $948
 
1,104,100
Japfa Ltd. (Singapore)
   623
 
 
 
 3,107
HEALTH CARE PROVIDERS & SERVICES—3.2%
 
   20,963
BML Inc. (Japan)
   724
 
  263,707
Healius Ltd. (Australia)*
   946
 
 
 
 1,670
HOTELS, RESTAURANTS & LEISURE—3.0%
 
   47,910
Resorttrust Inc. (Japan)
   788
 
   80,760
Round One Corp. (Japan)
   787
 
 
 
 1,575
INSURANCE—7.4%
 
   26,184
ASR Nederland NV (Netherlands)
 1,076
 
   73,277
Coface SA (France)
   920
 
  225,140
Direct Line Insurance Group plc (United Kingdom)
   931
 
  464,181
Mapfre SA (Spain)
   956
 
 
 
 3,883
INTERNET & DIRECT MARKETING RETAIL—1.8%
 
   56,638
TAKKT AG (Germany)*
   931
IT SERVICES—1.9%
 
   29,194
Tietoevry OYJ (Finland)
   982
LEISURE PRODUCTS—2.0%
 
   27,306
Spin Master Corp. (Canada)*,1
 1,047
MACHINERY—3.7%
 
    9,679
Krones AG (Germany)
   954
 
   52,189
OSG Corp. (Japan)
   976
 
 
 
 1,930
MARINE—2.1%
 
   24,041
Clarkson plc (United Kingdom)
 1,078
MEDIA—3.1%
 
   22,243
Criteo SA ADR (France)*,2
   863
 
   13,693
RTL Group SA (Luxembourg)
   775
 
 
 
 1,638
OIL, GAS & CONSUMABLE FUELS—1.3%
 
  746,801
Beach Energy Ltd. (Australia)
   657
PAPER & FOREST PRODUCTS—1.6%
 
  235,267
Navigator Co. SA (Portugal)
   847
PERSONAL PRODUCTS—1.3%
 
   63,352
Ontex Group NV (Belgium)*
   705
ROAD & RAIL—2.0%
 
  182,840
Redde Northgate plc (United Kingdom)*
 1,075
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—3.3%
 
   34,108
Tower Semiconductor Ltd. (Israel)
   950
 
   83,162
X-Fab Silicon Foundries SE (Belgium)*,1
   788
 
 
 
 1,738
SOFTWARE—3.7%
 
   61,480
Computer Engineering & Consulting Ltd. (Japan)
   897
 
  122,016
TomTom NV (Netherlands)*
 1,025
 
 
 
 1,922
24
Harbor International Small Cap Fund

Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands 
COMMON STOCKS—Continued
    
    
Shares
 
Value
SPECIALTY RETAIL—1.8%
 
   52,361
Matas AS (Denmark)
   $933
TEXTILES, APPAREL & LUXURY GOODS—1.9%
 
1,014,765
Coats Group plc (United Kingdom)*
   988
TRADING COMPANIES & DISTRIBUTORS—1.5%
 
   34,196
Kanamoto Co. Ltd. (Japan)
   799
TRANSPORTATION INFRASTRUCTURE—1.6%
 
  184,036
ENAV SpA (Italy)*,1
   851
TOTAL COMMON STOCKS
(Cost $42,013)
50,470
TOTAL INVESTMENTS—96.1%
(Cost $42,013)
50,470
CASH AND OTHER ASSETS, LESS LIABILITIES—3.9%
 2,062
TOTAL NET ASSETS—100.0%
$52,532
 
FAIR VALUE MEASUREMENTS
The following table summarizes the Fund’s investments as of July 31, 2021 based on the inputs used to value them. 
Asset Category
Quoted Prices
Level 1
(000s)
Other Significant
Observable Inputs
Level 2
(000s)
Significant
Unobservable
Inputs
Level 3
(000s)
Total
(000s)
Common Stocks
 
 
 
 
Europe
$927
$29,756
$—
$30,683
Middle East/Central Asia
950
—
—
950
North America
2,120
—
—
2,120
Pacific Basin
—
16,717
—
16,717
Total Investments in Securities
$3,997
$46,473
$—
$50,470
There were no Level 3 Investments at July 31, 2021 or October 31, 2020.
For more information on valuation inputs and their aggregation into the levels used in the table above, please refer to the Fair Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments.
 
*
Non-income producing security
1
Securities purchased in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt
from registration, normally to qualified institutional buyers. The Fund has no right to demand registration of these securities. At July 31, 2021, the aggregate value of
these securities was $3,439 or 7% of net assets.
2
Depositary receipts such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and other country specific depositary receipts are certificates
evidencing ownership of shares of a foreign issuer. These certificates are issued by depositary banks and generally trade on an established market in the U.S. or
elsewhere.
The accompanying notes are an integral part of the Portfolios of Investments.
25
Harbor Overseas Fund

Portfolio of Investments—July 31, 2021 (Unaudited)
Value, Cost, and Principal Amounts in Thousands  
COMMON STOCKS—97.9%
    
    
Shares
 
Value
AEROSPACE & DEFENSE—0.0%
 
  1,320
Ceska Zbrojovka Group SE (Czech Republic)
    $26
AIR FREIGHT & LOGISTICS—1.9%
 
  4,763
CTT-Correios de Portugal SA (Portugal)
    25
 
 13,768
Deutsche Post AG (Germany)
   933
 
    261
Mainfreight Ltd. (New Zealand)
    15
 
 
 
   973
AUTO COMPONENTS—1.4%
 
  1,692
DTR Automotive Corp. (South Korea)
    59
 
  4,800
Fujikura Composites Inc. (Japan)
    22
 
 13,800
Inoue Rubber Thailand PCL NVDR (Thailand)1
     7
 
 28,000
Johnson Electric Holdings Ltd. (Hong Kong)
    66
 
    400
Linamar Corp. (Canada)
    24
 
    400
Magna International Inc. (Canada)
    33
 
  3,100
Mahle-Metal Leve SA (Brazil)
    19
 
  7,500
Sumitomo Rubber Industries Ltd. (Japan)
   101
 
 18,800
Yokohama Rubber Co. Ltd.(Japan)
   375
 
 
 
   706
AUTOMOBILES—3.1%
 
  7,558
Bayerische Motoren Werke AG (Germany)
   751
 
  8,030
Daimler AG (Germany)
   717
 
 10,400
Mazda Motor Corp. (Japan)*
   103
 
 
 
 1,571
BANKS—3.3%
 
 88,736
Bank Leumi Le-Israel BM (Israel)
   678
 
  7,842
BNK Financial Group Inc. (South Korea)
    53
 
    556
BNP Paribas SA (France)
    34
 
 44,468
Faisal Islamic Bank of Egypt (Egypt)*
    39
 
 34,200
Japan Post Bank Co. Ltd. (Japan)*
   290
 
  1,429
Shinhan Financial Group Co. Ltd. (South Korea)
    48
 
 16,953
Societe Generale SA (France)
   497
 
  3,133
SpareBank 1 BV (Norway)
    17
 
 
 
 1,656
BEVERAGES—0.5%
 
 24,126
Australian Vintage Ltd. (Australia)*
    14
 
  2,698
Coca-Cola Europacific Partners plc (United Kingdom)
   167
 
 16,198
Ginebra San Miguel Inc. (Philippines)
    28
 
  1,605
Kofola Ceskoslovensko AS (Czech Republic)
    21
 
 
 
   230
BIOTECHNOLOGY—2.1%
 
  1,255
BioNTech SE ADR (Germany)*,1
   412
 
  1,478
Genmab AS (Denmark)*
   668
 
 
 
 1,080
BUILDING PRODUCTS—2.3%
 
  1,664
Compagnie de Saint-Gobain SA (France)
   119
 
  7,826
Deceuninck NV (Belgium)
    32
 
  1,376
FM Mattsson Mora Group AB (Sweden)
    32
 
    987
Geberit AG (Switzerland)
   810
 
  1,880
Inwido AB (Sweden)
    35
 
  5,400
Maezawa Kasei Industries Co. Ltd. (Japan)
    61
 
  5,888
Norcros plc (United Kingdom)
    24
 
    295
Systemair AB (Sweden)
    12
 
    465
Zehnder Group AG (Switzerland)
    49
 
 
 
 1,174
CAPITAL MARKETS—3.1%
 
 87,100
Asia Plus Group Holdings PCL NVDR (Thailand)1
     9
COMMON STOCKS—Continued
    
    
Shares
 
Value
CAPITAL MARKETS—Continued
 
 26,000
CI Financial Corp (Canada)
   $474
 
    313
Cie Financiere Tradition SA (Switzerland)
    40
 
 35,747
Deutsche Bank AG (Germany)*
   451
 
  2,082
Fiducian Group Ltd. (Australia)
    11
 
 69,244
Investec plc (United Kingdom)
   267
 
  4,100
Iwaicosmo Holdings Inc. (Japan)
    52
 
 11,000
Marusan Securities Co. Ltd. (Japan)
    59
 
 28,000
Nomura Holdings Inc. (Japan)
   140
 
 10,912
Numis Corp. plc (United Kingdom)
    54
 
  1,704
Titanium OYJ (Finland)
    30
 
 
 
 1,587
CHEMICALS—2.2%
 
    255
Akzo Nobel NV (Netherlands)
    31
 
  1,582
BASF SE (Germany)
   124
 
    574
KPX Chemical Co. Ltd. (South Korea)
    32
 
  1,197
Kumho Petrochemical Co. Ltd. (South Korea)
   212
 
  1,337
LOTTE Chemical Corp. (South Korea)
   302
 
  5,500
Neo Performance Materials Inc. (Canada)
    82
 
    886
NOROO Holdings Co. Ltd. (South Korea)
    11
 
    728
PCC Rokita SA (Poland)
    15
 
  1,600
Sakai Chemical Industry Co. Ltd. (Japan)
    28
 
    600
Soken Chemical & Engineering Co. Ltd. (Japan)
    11
 
  8,119
Thrace Plastics Holding And Co. (Greece)
    74
 
  2,015
UNID Co. Ltd. (South Korea)
   207
 
 
 
 1,129
COMMERCIAL SERVICES & SUPPLIES—0.4%
 
  1,476
Elanders AB Class B (Sweden)*
    29
 
 10,000
Kokuyo Co. Ltd. (Japan)
   162
 
    700
Pilot Corp. (Japan)
    24
 
 
 
   215
COMMUNICATIONS EQUIPMENT—1.7%
 
  5,931
ADVA Optical Networking SE (Germany)*
    88
 
 16,839
Ericsson (LM) Telephone SP ADR (Sweden)1
   194
 
 50,362
Telefonaktiebolaget LM Ericsson (Sweden)
   581
 
 
 
   863
CONSTRUCTION & ENGINEERING—0.3%
 
122,000
Analogue Holdings Ltd. (Hong Kong)
    31
 
 24,388
Boustead Singapore Ltd. (Singapore)
    21
 
    305
Burkhalter Holding AG (Switzerland)
    22
 
  2,516
Hwasung Industrial Co. Ltd. (South Korea)
    28
 
 45,284
Intega Group Ltd. (Australia)
    17
 
197,200
Naim Holdings BHD (Malaysia)
    31
 
  3,722
Orascom Construction plc (United Arab Emirates)
    19
 
 
 
   169
CONSTRUCTION MATERIALS—1.5%
 
 12,656
Fletcher Building Ltd. (New Zealand)
    67
 
 18,614
James Hardie Industries PLC CDI (Australia)1
   628
 
 19,932
Steppe Cement Ltd. (Malaysia)*
    14
 
 29,705
Wagners Holding Co. Ltd. (Australia)*
    45
 
 
 
   754
CONSUMER FINANCE—0.6%
 
 14,100
AEON Financial Service Co. Ltd. (Japan)
   174
 
  6,400
Credit Saison Co. Ltd. (Japan)
    76
 
 12,700
J Trust Co. Ltd. (Japan)
    43
 
 
 
   293
26
Harbor Overseas Fund

Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands 
COMMON STOCKS—Continued
    
    
Shares
 
Value
CONTAINERS & PACKAGING—0.2%
 
 64,100
Hanwell Holdings Ltd. (Singapore)*
    $20
 
 20,429
Mpact Ltd. (South Africa)*
    35
 
 11,718
Orora Ltd. (Australia)
    31
 
 
 
    86
DIVERSIFIED CONSUMER SERVICES—0.0%
 
  7,627
Shine Corporate Ltd. (Australia)
     6
DIVERSIFIED FINANCIAL SERVICES—1.6%
 
  4,677
Groupe Bruxelles Lambert SA (Belgium)
   544
 
  4,627
Kinnevik AB (Sweden)*
   202
 
 16,843
M&G plc (United Kingdom)
    53
 
 17,600
UOB-Kay Hian Holdings Ltd. (Singapore)
    20
 
 
 
   819
DIVERSIFIED TELECOMMUNICATION SERVICES—0.9%
 
  1,800
KT Corp. (South Korea)
    53
 
    604
Magyar Telekom Telecommunications plc ADR
(Hungary)1
     4
 
 15,400
Nippon Telegraph & Telephone Corp. (Japan)
   394
 
    118
Telefonica SA (Spain)
     1
 
 
 
   452
ELECTRICAL EQUIPMENT—1.5%
 
 42,900
Mitsubishi Electric Corp. (Japan)
   582
 
    562
Somfy SA (France)
   107
 
  5,546
Zumtobel Group AG (Austria)
    59
 
 
 
   748
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS—0.7%
 
 77,905
Datatec Ltd. (South Africa)
   125
 
 10,065
Eroad Ltd. (New Zealand)*
    46
 
 13,314
Hon Hai Precision Industry Co. Ltd. GDR (Taiwan)1
   106
 
    320
Nedap NV (Netherlands)
    24
 
    800
Nihon Denkei Co. Ltd. (Japan)
    13
 
     39
Schaffner Holding AG (Switzerland)*
    12
 
  3,300
Topcon Corp. (Japan)
    47
 
 
 
   373
ENERGY EQUIPMENT & SERVICES—0.1%
 
149,000
Hilong Holding Ltd. (Hong Kong)
     4
 
  9,000
PHX Energy Services Corp. (Canada)
    30
 
 
 
    34
ENTERTAINMENT—1.6%
 
 10,000
IGG Inc. (Singapore)
    12
 
  1,521
Nintendo Co. Ltd. (Japan)
   782
 
    541
Ubisoft Entertainment SA (France)*
    34
 
 
 
   828
FOOD & STAPLES RETAILING—0.1%
 
  1,100
Axial Retailing Inc. (Japan)
    38
 
    336
Hawesko Holding AG (Germany)
    24
 
    400
Nishimoto Co. Ltd. (Japan)
    10
 
 
 
    72
FOOD PRODUCTS—1.7%
 
    344
Dongwon Industries Co. Ltd. (South Korea)
    73
 
 18,055
Finsbury Food Group plc (United Kingdom)
    24
 
  2,757
Industrial Milk Co. (Luxembourg)
    20
 
 60,800
JBS SA (Brazil)
   374
 
    720
LOTTE Confectionery Co. Ltd. (South Korea)
    89
 
    298
LOTTE Food Co. Ltd. (South Korea)
   114
COMMON STOCKS—Continued
    
    
Shares
 
Value
FOOD PRODUCTS—Continued
 
    900
Maeil Holdings Co. Ltd. (South Korea)
     $8
 
    663
Nestlé SA (Switzerland)
    84
 
    119
Neto ME Holdings Ltd. (Israel)*
     5
 
  6,397
PGG Wrightson Ltd. (New Zealand)
    15
 
  1,562
Sajodaerim Corp. (South Korea)
    36
 
     68
Ter Beke SA (Belgium)
     9
 
 
 
   851
GAS UTILITIES—0.1%
 
    351
Samchully Co. Ltd. (South Korea)
    27
HEALTH CARE EQUIPMENT & SUPPLIES—5.7%
 
    886
BioMerieux (France)
   106
 
    653
Carl Zeiss Meditec AG (Germany)
   145
 
     56
Diasorin SpA (Italy)
    11
 
 13,243
EKF Diagnostics Holdings plc (United Kingdom)*
    14
 
  1,100
Fukuda Denshi Co. Ltd. (Japan)
   100
 
 12,359
Getinge AB Class B (Sweden)
   537
 
  1,735
GN Store Nord AS (Denmark)
   152
 
    500
Hoshi Iryo-Sanki Co. Ltd. (Japan)
    17
 
    924
Ion Beam Applications (Belgium)
    17
 
 18,787
Koninklijke Philips NV (Netherlands)
   866
 
 11,400
Olympus Corp. (Japan)
   235
 
     36
Paul Hartmann AG (Germany)
    16
 
  1,554
Sonova Holding AG (Switzerland)
   610
 
 97,200
UG Healthcare Corp. Ltd. (Singapore)
    41
 
  2,969
Viemed Healthcare Inc. (Canada)*
    21
 
 
 
 2,888
HEALTH CARE PROVIDERS & SERVICES—0.1%
 
 10,698
Healthia Ltd. (Australia)
    15
 
  1,047
Humana AB (Sweden)*
     8
 
  6,322
Oriola Corp. Class A (Finland)
    15
 
    951
Oriola OYJ (Finland)
     2
 
  9,407
Pacific Smiles Group Ltd. (Australia)
    18
 
 
 
    58
HEALTH CARE TECHNOLOGY—0.2%
 
  1,114
Nexus AG (Germany)
    89
HOTELS, RESTAURANTS & LEISURE—0.1%
 
 83,100
Jaya Bersama Indo TBK PT (Indonesia)*
     1
 
    628
Kindred Group plc SDR (Malta)1
    10
 
    600
Pollard Banknote Ltd. (Canada)
    24
 
 
 
    35
HOUSEHOLD DURABLES—1.2%
 
    477
Amica SA (Poland)
    19
 
    849
Decora SA (Poland)
     9
 
    577
Dom Development SA (Poland)
    21
 
  2,800
Dorel Industries Inc. (Canada)*
    32
 
 37,371
Emak SpA (Italy)
    77
 
    265
HEXAOM (France)
    14
 
  1,300
Iida Group Holdings Co. Ltd. (Japan)
    31
 
 20,900
Nikon Corp. (Japan)
   194
 
  1,000
Panasonic Manufacturing Malaysia BHD (Malaysia)
     8
 
    100
Rinnai Corp. (Japan)
     9
 
  1,056
Surteco Group SE (Germany)
    38
 
 12,780
Toya SA (Poland)
    28
 
    700
V-ZUG Holding AG (Switzerland)*
   107
 
 
 
   587
27
Harbor Overseas Fund

Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands 
COMMON STOCKS—Continued
    
    
Shares
 
Value
HOUSEHOLD PRODUCTS—0.1%
 
 29,635
McBride plc (United Kingdom)*
    $35
 
  4,127
Suominen OYJ (Finland)
    30
 
 
 
    65
INSURANCE—0.3%
 
 11,400
Allianz Malaysia BHD (Malaysia)
    35
 
  4,223
European Reliance General Insurance Co. SA (Greece)
    24
 
  5,600
Great Eastern Holdings Ltd. (Singapore)
    89
 
 
 
   148
INTERNET & DIRECT MARKETING RETAIL—0.0%
 
 16,200
Hai-O Enterprise BHD (Malaysia)
     8
 
    763
Vente-Unique.Com SA (France)
    18
 
 
 
    26
IT SERVICES—1.6%
 
    819
Comarch SA (Poland)
    58
 
  1,861
Digia OYJ (Finland)
    18
 
  4,200
Fujitsu Ltd. (Japan)
   714
 
 
 
   790
LEISURE PRODUCTS—1.4%
 
  9,402
Harvia OYJ (Finland)
   685
 
  1,500
Sankyo Co. Ltd. (Japan)
    38
 
 
 
   723
LIFE SCIENCES TOOLS & SERVICES—4.1%
 
  4,402
Ergomed plc (United Kingdom)*
    75
 
  5,905
Eurofins Scientific SE (France)
   706
 
  2,238
ICON plc (Ireland)*
   545
 
  1,305
Sartorius Stedim Biotech (France)
   745
 
 
 
 2,071
MACHINERY—4.7%
 
  1,900
Alinco Inc. (Japan)
    17
 
  3,623
Andritz AG (Austria)
   200
 
 33,249
CNH Industrial NV (Italy)
   555
 
  7,300
Daihatsu Diesel Manufacturing Co Ltd. (Japan)
    32
 
    105
Exel Industries (France)
    11
 
 69,237
Famur SA (Poland)*
    40
 
  1,700
Freund Corp. (Japan)
    13
 
     54
Groupe Gorge SA (France)*
     1
 
  8,961
Kone OYJ Class B (Finland)
   742
 
  1,224
Nilfisk Holding AS (Denmark)*
    43
 
    371
Palfinger AG (Austria)
    16
 
    600
Rix Corp. (Japan)
     9
 
  2,424
Semperit AG Holding (Austria)
    89
 
 16,897
Skellerup Holdings Ltd. (New Zealand)
    60
 
 24,304
Volvo AB (Sweden)
   573
 
 
 
 2,401
MARINE—2.6%
 
    224
AP Moller - Maersk AS (Denmark)
   622
 
  2,035
Kuehne + Nagel International AG (Switzerland)
   686
 
 
 
 1,308
MEDIA—1.7%
 
  4,842
Bloomsbury Publishing plc (United Kingdom)
    24
 
    578
Cogeco Inc. (Canada)
    43
 
  4,472
Corus Entertainment Inc. (Canada)
    21
 
  1,900
FAN Communications Inc. (Japan)
     7
 
     85
GTN Ltd. (Australia)*
—
COMMON STOCKS—Continued
    
    
Shares
 
Value
MEDIA—Continued
 
  2,451
HighCo SA (France)
    $16
 
  2,989
North Media AS (Denmark)*
    52
 
 34,282
NZME Ltd. (New Zealand)*
    23
 
  8,968
Publicis Groupe SA (France)
   566
 
  6,768
WPP plc (United Kingdom)
    88
 
 
 
   840
METALS & MINING—8.6%
 
  1,215
Alumetal SA (Poland)
    19
 
 15,423
Anglo American plc (United Kingdom)
   683
 
 15,947
ArcelorMittal SA (Luxembourg)
   557
 
 22,947
Base Resources Ltd. (Australia)
     5
 
 17,444
Boryszew SA (Poland)*
    15
 
 27,813
Evraz plc (United Kingdom)
   238
 
 32,128
Fortescue Metals Group Ltd. (Australia)
   587
 
 17,744
Gem Diamonds Ltd. (United Kingdom)
    15
 
 26,518
MACA Ltd. (Australia)
    17
 
 10,334
Mineral Resources Ltd. (Australia)
   478
 
    426
POSCO (South Korea)
   136
 
  3,438
Rio Tinto plc (United Kingdom)
   292
 
  4,108
Rio Tinto plc Sponsored ADR (United Kingdom)1
   355
 
205,299
South32 Ltd. (Australia)
   450
 
    140
Stalprodukt SA (Poland)
    13
 
    217
Ternium SA ADR (Luxembourg)1
    11
 
 11,399
Voestalpine AG (Austria)
   503
 
143,000
Xiwang Special Steel Co. Ltd. (Hong Kong)
     6
 
 
 
 4,380
OIL, GAS & CONSUMABLE FUELS—3.7%
 
 34,426
BP plc ADR (United Kingdom)1
   832
 
 13,600
CES Energy Solutions Corp. (Canada)*
    18
 
  6,820
Lubelski Wegiel Bogdanka SA (Poland)*
    45
 
 95,664
Pharos Energy plc (United Kingdom)*
    32
 
 33,000
Pine Cliff Energy Ltd. (Canada)*
    10
 
 47,455
Royal Dutch Shell plc (Netherlands)
   964
 
 
 
 1,901
PAPER & FOREST PRODUCTS—0.7%
 
 23,800
Cascades Inc. (Canada)
   305
 
  1,311
Midway Ltd. (Australia)*
     1
 
 25,869
Western Forest Products Inc. (Canada)
    40
 
 
 
   346
PERSONAL PRODUCTS—0.0%
 
  5,300
Apollo Healthcare Corp. (Canada)*
    12
PHARMACEUTICALS—7.9%
 
  1,436
Ipsen SA (France)
   153
 
  4,263
Merck KGaA (Germany)
   873
 
 13,771
Novartis AG (Switzerland)
 1,273
 
    195
Novo Nordisk AS (Denmark)
    18
 
    284
Orion OYJ Class A (Finland)
    12
 
  4,123
Roche Holding AG (Switzerland)
 1,593
 
    562
Vetoquinol SA (France)
    82
 
 
 
 4,004
PROFESSIONAL SERVICES—2.5%
 
  5,491
Adecco Group AG (Switzerland)
   329
 
  1,745
Impellam Group plc (United Kingdom)*
     9
 
  8,292
Wolters Kluwer NV (Netherlands)
   945
 
 
 
 1,283
28
Harbor Overseas Fund

Portfolio of Investments—Continued
Value, Cost, and Principal Amounts in Thousands 
COMMON STOCKS—Continued
    
    
Shares
 
Value
REAL ESTATE MANAGEMENT & DEVELOPMENT—0.1%
 
116,681
Ever Reach Group Holdings Co. Ltd. (Hong Kong)
    $20
 
    998
K Wah International Holdings Ltd. (Hong Kong)
—
 
    100
Mainstreet Equity Corp. (Canada)*
     9
 
  2,077
Melcor Developments Ltd. (Canada)
    21
 
 20,963
Modern Land China Co. Ltd. (Hong Kong)
     2
 
 
 
    52
ROAD & RAIL—1.6%
 
  3,232
DSV Panalpina A/S (Denmark)
   788
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT—7.3%
 
  1,000
Advantest Corp. (Japan)
    88
 
 14,730
ASE Technology Holding ADR (Taiwan)1
   131
 
  2,010
ASML Holding NV (Netherlands)
 1,536
 
  1,700
Disco Corp. (Japan)
   486
 
  1,400
MegaChips Corp. (Japan)
    41
 
  3,300
ROHM Co. Ltd. (Japan)
   322
 
  4,600
SCREEN Holdings Co. Ltd. (Japan)
   417
 
    843
STMicroelectronics NV (Netherlands)
    35
 
  1,400
Tokyo Electron Ltd. (Japan)
   577
 
  1,500
Tokyo Seimitsu Co. Ltd. (Japan)
    64
 
 
 
 3,697
SOFTWARE—1.5%
 
  1,947
Atlassian Corp. plc (Australia)*
   633
 
    500
Check Point Software Technologies Ltd. (Israel)*
    64
 
  4,783
F-Secure OYJ (Finland)
    23
 
  1,801
Telcoware Co. Ltd. (South Korea)
    19
 
 
 
   739
SPECIALTY RETAIL—1.0%
 
  1,100
BMTC Group Inc. (Canada)
    14
 
  3,499
Briscoe Group Ltd. (New Zealand)
    14
 
  1,100
Himaraya Co. Ltd. (Japan)
    11
 
 29,420
Kingfisher plc (United Kingdom)
   151
 
 12,900
K's Holdings Corp (Japan)
   152
 
  6,300
Maruzen Chi Holdings Co. Ltd. (Japan)
    23
 
167,500
Maxi-Cash Financial Services Corp. Ltd. (Singapore)
    23
 
     20
Samse SA (France)
     4
 
  3,598
Turners Automotive Group Ltd. (New Zealand)*
    11
 
 25,100
Yamada Holdings Co. Ltd. (Japan)
   119
 
 
 
   522
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS—3.3%
 
 28,100
Canon Inc. (Japan)
   647
 
  4,669
Logitech International SA (Switzerland)
   513
 
 28,900
Seiko Epson Corp. (Japan)
   497
 
 
 
 1,657
TEXTILES, APPAREL & LUXURY GOODS—2.1%
 
  7,080
Cie Financiere Richemont SA (Switzerland)
   906
 
    467
Marimekko OYJ (Finland)
    38
 
  6,810
New Wave Group AB (Sweden)
   109
 
    600
Rhythm Watch Co. Ltd. (Japan)
     5
 
     55
Swatch Group AG (Switzerland)
    18
 
 
 
 1,076
COMMON STOCKS—Continued
    
    
Shares
 
Value
TOBACCO—0.5%
 
 30,500
Swedish Match AB (Sweden)
   $273
TRADING COMPANIES & DISTRIBUTORS—0.4%
 
  1,777
Cervus Equipment Corp. (Canada)
    20
 
 38,601
Ferreycorp SAA (Peru)
    15
 
  1,626
Ferronordic AB (Sweden)
    44
 
  1,116
Jacquet Metals SA (France)
    27
 
  2,400
Parker Corp (Japan)
    12
 
    479
Rexel SA (France)*
    10
 
  1,165
Sanistal AS (Denmark)*
    15
 
  4,007
TIM SA (Poland)
    39
 
 
 
   182
TRANSPORTATION INFRASTRUCTURE—0.0%
 
 35,000
Qilu Expressway Co. Ltd. (China)
    10
 
  6,580
Stalexport Autostrady SA (Poland)
     6
 
 
 
    16
WIRELESS TELECOMMUNICATION SERVICES—0.0%
 
    500
Trilogy International Partners Inc. (Canada)*
     1
TOTAL COMMON STOCKS
(Cost $41,662)
49,680
 
PREFERRED STOCKS—1.3%
AUTOMOBILES—0.1%
 
  6,114
Schaeffler AG (Germany)
    53
CHEMICALS—0.0%
 
    900
Braskem SA (Brazil)*
    10
HOUSEHOLD DURABLES—1.0%
 
    219
Einhell Germany AG (Germany)
    40
 
  7,084
LG Electronics Inc. (South Korea)
   470
 
  9,700
Whirlpool SA (Brazil)*
    16
 
 
 
   526
MACHINERY—0.2%
 
    220
Jungheinrich AG (Germany)
    12
 
    173
KSB SE & Co KGaA (Germany)
    73
 
 
 
    85
TOTAL PREFERRED STOCKS
(Cost $342)
   674
TOTAL INVESTMENTS—99.2%
(Cost $42,004)
50,354
CASH AND OTHER ASSETS, LESS LIABILITIES—0.8%
   382
TOTAL NET ASSETS—100.0%
$50,736
 
29
Harbor Overseas Fund

Portfolio of Investments—Continued
FAIR VALUE MEASUREMENTS
The following table summarizes the Fund’s investments as of July 31, 2021 based on the inputs used to value them. 
Asset Category
Quoted Prices
Level 1
(000s)
Other Significant
Observable Inputs
Level 2
(000s)
Significant
Unobservable
Inputs
Level 3
(000s)
Total
(000s)
Common Stocks
 
 
 
 
Africa
$—
$199
$—
$199
Europe
2,520
30,632
—
33,152
Latin America
408
—
—
408
Middle East/Central Asia
64
702
—
766
North America
1,234
—
—
1,234
Pacific Basin
764
13,157
—
13,921
Preferred Stocks
 
 
 
 
Europe
—
178
—
178
Latin America
26
—
—
26
Pacific Basin
—
470
—
470
Total Investments in Securities
$5,016
$45,338
$—
$50,354
For more information on valuation inputs and their aggregation into the levels used in the table above, please refer to the Fair Value Measurements and Disclosures in Note 2 of the accompanying Notes to Portfolios of Investments.
The following is a rollforward of the Fund’s Level 3 investments during the period ended July 31, 2021. 
Valuation
Description
Beginning
Balance
as of 11/01/2020
(000s)
Purchases
(000s)
Sales
(000s)
Discount/
(Premium)
(000s)
Total Realized
Gain/(Loss)
(000s)
Change in
Unrealized
Appreciation/
(Depreciation)
(000s)
Transfers
Into Level 3
(000s)
Transfers
Out of
Level 3
(000s)
Ending
Balance
as of 07/31/2021
(000s)
Unrealized
Gain/
Loss as of
07/31/2021
(000s)
Preferred Stocks
$—
$—
$—
$—
$—
$—
$—
$—
$—
$—
 
*
Non-income producing security
1
Depositary receipts such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), Non-Voting Depository Receipt (NVDR) and other country specific
depositary receipts are certificates evidencing ownership of shares of a foreign issuer. These certificates are issued by depositary banks and generally trade on an
established market in the U.S. or elsewhere.
The accompanying notes are an integral part of the Portfolios of Investments.
30
Harbor International & Global Funds

Notes to Portfolios of Investments—July 31, 2021 (Unaudited)
Note 1—Organizational Matters
Harbor Funds (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”), as an open-end management investment company. As of July 31, 2021, the Trust consists of 31 separate portfolios. The portfolios covered by this report are: Harbor Diversified International All Cap Fund, Harbor Emerging Markets Equity Fund, Harbor Focused International Fund, Harbor Global Leaders Fund, Harbor International Fund, Harbor International Growth Fund, Harbor International Small Cap Fund, and Harbor Overseas Fund (individually or collectively referred to as a “Fund” or the “Funds," respectively). Harbor Capital Advisors, Inc. (“Harbor Capital”) is the investment adviser for the Funds.
 Note 2—Significant Accounting Policies
Security Valuation
The Trust’s valuation procedures permit the Funds to use a variety of valuation methodologies, consider a number of subjective factors, analyze applicable facts and circumstances and, in general, exercise judgment, when valuing Fund investments. The methodology used for a specific type of investment may vary based on the circumstances and relevant considerations, including available market data.
Equity securities (including common stock, preferred stock, and convertible preferred stock), exchange-traded funds and financial derivative instruments (such as futures contracts and options contracts, including rights and warrants) that are traded or cleared on a national securities exchange or system (except securities listed on the National Association of Securities Dealers Automated Quotation (“NASDAQ”) system and United Kingdom securities) are valued at the last sale price on a national exchange or system on which they are principally traded or cleared as of the valuation date. Securities listed on the NASDAQ system or a United Kingdom exchange are valued at the official closing price of those securities. In the case of securities for which there are no sales on the valuation day, (i) securities traded principally on a U.S. exchange, including NASDAQ, are valued at the mean between the closing bid and ask price; and (ii) securities traded principally on a foreign exchange, including United Kingdom securities, are valued at the official bid price determined as of the close of the primary exchange. Shares of open-end registered investment companies that are held by a Fund are valued at net asset value. To the extent these securities are actively traded and fair valuation adjustments are not applied, they are normally categorized as Level 1 in the fair value hierarchy. Equity securities traded on inactive markets or valued by reference to similar instruments are normally categorized as Level 2 in the fair value hierarchy. For more information on the fair value hierarchy, please refer to the Fair Value Measurements and Disclosures section.
Short-term securities with a remaining maturity of less than 60 days at the time of acquisition that are held by a Fund are valued at amortized cost to the extent amortized cost represents fair value. Such securities are normally categorized as Level 2 in the fair value hierarchy.
Over-the-counter financial derivative instruments, such as forward currency contracts, options contracts, and swap agreements (including centrally cleared swaps), derive their value from underlying asset prices, indices, reference rates and other inputs, or a combination of these factors. These instruments are valued using evaluated prices furnished by a pricing vendor selected by the Board of Trustees. In certain cases, when a valuation is not readily available from a pricing vendor, the Fund’s subadviser provides a valuation, typically using its own proprietary models. Depending on the instrument and the terms of the transaction, the value of the derivative instrument can be determined by a pricing vendor or subadviser using a series of techniques, including simulation pricing models. The pricing models use inputs, such as issuer details, indices, spreads, interest rates, yield curves, dividends and exchange rates, that are observed from actively quoted markets. Derivative instruments that use valuation techniques and inputs similar to those described above are normally categorized as Level 2 in the fair value hierarchy.
A Fund may also use fair value pricing if the value of some or all of the Fund’s securities have been materially affected by events occurring before the Fund’s pricing time but after the close of the primary markets or exchanges on which the security is traded. This most commonly occurs with foreign securities, but may occur with other securities as well. In such cases, the Fund may apply a fair value factor supplied by the pricing vendor to a foreign security’s market close value to reflect changes in value that may have occurred between the close of the primary market or exchange on which the security is traded and the Fund’s pricing time. That factor may be derived using observable inputs such as a comparison of the trading patterns of a foreign security to intraday trading in the U.S. markets that are highly correlated to the foreign security or other information that becomes available after the close of the foreign market on which the security principally traded. When fair value pricing is employed, the prices of securities used by a Fund to calculate its net asset value may differ from market quotations, official
31
Harbor International & Global Funds

Notes to Portfolios of Investments—Continued
Note 2—Significant Accounting Policies—Continued 
closing prices or evaluated prices for the same securities, which means that the Fund may value those securities higher or lower than another given fund that uses market quotations, official closing prices or evaluated prices supplied by a pricing vendor in its calculation of net asset value. Securities valued using observable inputs, such as those described above, are normally categorized as Level 2 of the fair value hierarchy.
When reliable market quotations or evaluated prices supplied by a pricing vendor are not readily available or are not believed to accurately reflect fair value, securities are priced at their fair value as determined by the Trust’s Valuation Committee (the “Valuation Committee”) pursuant to procedures adopted, and subject to oversight, by the Board of Trustees. The Valuation Committee is comprised of a trustee and officers of the Trust and employees of Harbor Capital with relevant experience or responsibilities. Each security for which the Valuation Committee determines a fair value, including the basis for the fair value decision, is reviewed by the Board of Trustees at its regularly scheduled board meetings. Securities valued using fair valuation methods that incorporate significant unobservable inputs are normally categorized as Level 3 in the fair value hierarchy.
Fair Value Measurements and Disclosures
Various inputs may be used to determine the value of each Fund’s investments, which are summarized in three broad categories defined as Level 1, Level 2, and Level 3. The inputs or methodologies used for valuing investments are not necessarily indicative of the risk associated with investing in those investments. The assignment of an investment to Levels 1, 2, or 3 is based on the lowest level of significant inputs used to determine its fair value.  
Level 1–
Quoted prices in active markets for identical securities.
Level 2–
Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds,
credit risk, etc.).
Level 3–
Significant unobservable inputs are used in situations where quoted prices or other observable inputs are not available
or are deemed unreliable. Significant unobservable inputs may include each Fund’s own assumptions.
The categorization of investments into Levels 1, 2, or 3, and a summary of significant unobservable inputs used for Level 3 investments, when applicable, can be found at the end of each Fund’s Portfolio of Investments schedule. For fair valuations using significant unobservable inputs, if any, a reconciliation of the beginning to ending balances for reported fair values is provided at the end of each Fund’s Portfolio of Investments schedule that presents changes attributable to realized and unrealized gains and losses and purchases, sales, and transfers in/out of the Level 3 category during the period.
Each Fund used observable inputs in its valuation methodologies whenever they were available and deemed reliable.
Securities Transactions
Securities transactions are accounted for on the trade date (the date the order to buy or sell is executed).
Please refer to the most recent annual or semi-annual reports on the Harbor Funds’ website at harborfunds.com for more information regarding each Fund’s significant accounting policies, investments, and related transactions.
32
 
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33
 
 
 
 
 
111 South Wacker Drive, 34th Floor
Chicago, IL 60606-4302
800-422-1050
harborfunds.com
Trustees & Officers
Charles F. McCain
Chairman, President & Trustee
Scott M. Amero
Trustee
Donna J. Dean
Trustee
Randall A. Hack
Trustee
Robert Kasdin
Trustee
Kathryn L. Quirk
Trustee
Douglas J. Skinner
Trustee
Ann M. Spruill
Trustee
Erik D. Ojala
Chief Compliance Officer
Anmarie S. Kolinski
Treasurer
Kristof M. Gleich
Vice President
Gregg M. Boland
Vice President
Diana R. Podgorny
Secretary
Jodie L. Crotteau
Assistant Secretary
Lana M. Lewandowski
AML Compliance Officer
& Assistant Secretary
Lora A. Kmieciak
Assistant Treasurer
John M. Paral
Assistant Treasurer
Investment Adviser
Harbor Capital Advisors, Inc.
111 South Wacker Drive, 34th Floor
Chicago, IL 60606-4302
312-443-4400
Distributor
Harbor Funds Distributors, Inc.
111 South Wacker Drive, 34th Floor
Chicago, IL 60606-4302
312-443-4600
Shareholder Services
Harbor Services Group, Inc.
P.O. Box 804660
Chicago, IL 60680-4108
800-422-1050
FD.NQ.IG.0120