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Emerging Markets Equity Fund Portfolio Holdings

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Emerging Markets Equity Fund Portfolio Holdings PORTFOLIO HOLDINGS Harbor Emerging Markets Equity Fund As of 06/30/2021 Subadviser: Marathon Asset Management LLP - Since 09/23/2020 Portfolio Managers: Alex Duffy Shares/Par/ Current Base Base Market Value % of Total Net SEDOL Asset Description Contracts Price $ $ Assets Taiwan Semiconductor Manufacturing Co., Ltd. 161,000 21.35 3,438,134 7.05 Samsung Electronics Co., Ltd. 38,270 71.66 2,742,431 5.63 Eurobank Ergasias Services & Holdings SA 1,589,065 1.01 1,601,802 3.29 Baidu Inc Sponsored ADR Class A 7,067 203.90 1,440,961 2.96 Porto Seguro S.A. 129,039 10.66 1,375,034 2.82 Grupo Financiero Inbursa SAB de CV Class O 1,180,027 0.99 1,168,737 2.40 Tiger Brands Limited 72,923 14.64 1,067,384 2.19 Giant Manufacturing Co., Ltd. 92,628 11.43 1,058,843 2.17 Fomento Economico Mexicano SAB de CV Sponsored ADR Class B 12,447 84.51 1,051,896 2.16 Axis Bank Limited 100,998 10.07 1,016,774 2.09 Bharti Airtel Limited 136,272 7.07 963,694 1.98 Natura & Co Holding SA 77,500 11.31 876,341 1.80 Shriram Transport Finance Co. Ltd. 47,452 18.06 857,143 1.76 Yum China Holdings, Inc. 12,035 66.25 797,319 1.64 Genomma Lab Internacional SAB de CV Class B 758,360 1.03 783,479 1.61 Merida Industry Co., Ltd. 68,000 11.23 763,894 1.57 Delta Electronics, Inc. 69,000 10.87 750,363 1.54 Compania Sud Americana de Vapores S.A. 8,545,877 0.09 744,130 1.53 Tingyi (Cayman Islands) Holding Corp. 362,000 2.00 722,522 1.48 Ambev SA 198,613 3.40 675,653 1.39 SK hynix Inc 5,862 113.22 663,682 1.36 Jumbo S.A. 39,222 16.83 660,025 1.35 Samsung Fire & Marine Insurance Co., Ltd 3,371 195.80 660,041 1.35 Genpact Limited 14,292 45.43 649,286 1.33 Kimberly-Clark de Mexico SAB de CV Class A 353,598 1.78 628,149 1.29 LG Corp 6,482 91.02 589,979 1.21 Quinenco S.A. 266,632 2.18 581,888 1.19 UNTRADE.TIANHE CHEM 2,684,000 0.00 0 0.00 PORTFOLIO HOLDINGS Harbor Emerging Markets Equity Fund As of 06/30/2021 Shares/Par/ Current Base Base Market Value % of Total Net SEDOL Asset Description Contracts Price $ $ Assets Gentera, S.A.B. de C.V. 936,485 0.59 553,599 1.14 Remgro Limited 66,430 8.03 533,161 1.09 Housing Development Finance Corporation Limited 15,717 33.30 523,389 1.07 Major Cineplex Group Public Co. Ltd.(Alien Mkt) 693,400 0.74 514,789 1.06 Kasikornbank Public Co. Ltd.(Alien Mkt) 138,900 3.70 513,562 1.05 Alfa, S.A.B. de C.V. Class A 661,400 0.75 496,951 1.02 Uni-President Enterprises Corp. 184,000 2.63 483,402 0.99 Want Want China Holdings Limited 681,000 0.71 482,304 0.99 King Slide Works Co., Ltd. 34,000 14.09 478,959 0.98 B1FY8D2 ALROSA PJSC 230,378 1.83 422,698 0.87 AmorePacific Group, Inc. 7,276 56.83 413,501 0.85 Chroma Ate Inc. 60,000 6.87 412,382 0.85 Anglo American Platinum Limited 3,490 115.52 403,147 0.83 Grupo LALA SAB de CV Class B 484,742 0.82 398,788 0.82 Raubex Group Limited 172,337 2.29 393,948 0.81 Grupo Televisa, S.A.B. Sponsored ADR 27,339 14.28 390,401 0.80 KT Corporation 13,888 28.24 392,167 0.80 PChome Online, Inc. 98,000 3.93 385,141 0.79 Teco Electric & Machinery Co., Ltd. 307,000 1.19 365,811 0.75 Delfi Limited 512,200 0.70 356,277 0.73 JSE Limited 47,256 7.44 351,803 0.72 MRV Engenharia e Participacoes S.A. 105,200 3.25 342,361 0.70 Mahindra & Mahindra Ltd. 32,535 10.46 340,407 0.70 PriceSmart, Inc. 3,603 91.01 327,909 0.67 East African Breweries Limited 190,600 1.68 319,286 0.65 Jardine Cycle & Carriage Limited 20,000 15.89 317,810 0.65 Freeport-McMoRan, Inc. 8,460 37.11 313,951 0.64 Industrias Bachoco SAB de CV Class B 81,824 3.78 309,329 0.63 Anglo American plc 7,613 39.88 303,598 0.62 Telkom SA SOC Ltd. 91,218 3.25 296,229 0.61 PORTFOLIO HOLDINGS Harbor Emerging Markets Equity Fund As of 06/30/2021 Shares/Par/ Current Base Base Market Value % of Total Net SEDOL Asset Description Contracts Price $ $ Assets FOURLIS HOLDINGS S.A. 55,710 5.29 294,657 0.60 Thai Beverage Public Co., Ltd. 568,000 0.50 285,225 0.59 Uni-President China Holdings Ltd. 262,000 1.10 289,130 0.59 Bancolombia S.A. Sponsored ADR Pfd 9,957 28.80 286,762 0.59 Compagnie Financiere Richemont SA Depositary Receipt 23,195 12.16 282,036 0.58 Representing 1/10 of Cie Financiere Richemont Hana Financial Group Inc. 6,606 40.89 270,129 0.55 Embraer S.A. 70,117 3.76 263,680 0.54 Komercni banka, a.s. 7,539 35.20 265,337 0.54 Stella International Holdings Limited 161,000 1.55 248,782 0.51 Banco Bradesco SA Pfd 48,860 5.13 250,539 0.51 Log Commercial Properties e Participacoes SA 38,597 6.33 244,450 0.50 PT Media Nusantara Citra Tbk 3,710,100 0.06 237,958 0.49 Hyundai Motor Company 1,091 212.67 232,025 0.48 S-1 Corporation 3,086 72.73 224,431 0.46 PSG Group Limited 40,071 5.57 223,356 0.46 PT Bank Mandiri (Persero) Tbk 532,300 0.41 216,591 0.44 China Mengniu Dairy Co., Ltd. 35,000 6.05 211,600 0.43 Bank of the Philippine Islands 113,380 1.82 206,019 0.42 AngloGold Ashanti Limited 10,802 18.59 200,846 0.41 Oil company LUKOIL PJSC Sponsored ADR 2,146 92.62 198,763 0.41 Grupo Aeroportuario del Pacifico SAB de CV Class B 18,083 10.66 192,678 0.40 GT Capital Holdings, Inc. 14,880 12.43 185,028 0.38 HANKOOK TIRE & TECHNOLOGY Co., Ltd. 4,076 45.91 187,124 0.38 Grindrod Limited 476,409 0.34 162,153 0.33 Trip.com Group Ltd. Sponsored ADR 4,228 35.46 149,925 0.31 Globaltrans Investment Plc Sponsored GDR RegS 19,327 6.90 133,356 0.27 Sime Darby Bhd. 251,000 0.53 131,803 0.27 Ulker Biskuvi Sanayi A.S. 52,345 2.39 124,965 0.26 PT United Tractors Tbk 89,700 1.40 125,271 0.26 Itausa - Investimentos Itau SA Pfd 55,400 2.22 123,103 0.25 PORTFOLIO HOLDINGS Harbor Emerging Markets Equity Fund As of 06/30/2021 Shares/Par/ Current Base Base Market Value % of Total Net SEDOL Asset Description Contracts Price $ $ Assets Grupo Aval Acciones y Valores SA Pfd 408,523 0.29 118,487 0.24 Tsingtao Brewery Co., Ltd. Class H 10,000 10.77 107,651 0.22 Qualitas Controladora S.A.B. de C.V. Class I 21,006 4.67 98,022 0.20 Georgia Capital Plc 7,817 9.95 77,751 0.16 BAIC Motor Corporation Limited Class H 208,500 0.37 77,592 0.16 Ajisen (China) Holdings Limited 234,000 0.23 53,635 0.11 Tsogo Sun Gaming Limited 77,174 0.56 42,968 0.09 Lopes Brasil-Consultoria de Imoveis SA 34,300 0.94 32,332 0.07 LX Holdings Corp. 3,165 9.99 31,618 0.06 Cairo Mezz Plc 141,227 0.14 20,064 0.04 Oil company LUKOIL PJSC Sponsored ADR 235 92.00 21,620 0.04 AMOREPACIFIC Group Cum Pfd Registered 448 40.89 18,319 0.04 Thungela Resources Limited 831 2.72 2,258 0.00 Total 30,780,554 47,616,681 97.66 Cash and Other Assets Less Liabilities 2.34 Total Net Assets 100.00 Harbor Emerging Markets Equity Fund DISCLOSURES This information should not be considered as a recommendation to purchase or sell a particular security. The holdings mentioned may change at any time and may not represent current or future investments. There is no guarantee that the investment objective of the Fund will be achieved. Stock markets are volatile and equity values can decline significantly in response to adverse issuer, political, regulatory, market and economic conditions. Investing in international and emerging markets poses special risks, including potentially greater price volatility due to social, political and economic factors, as well as currency exchange rate fluctuations. These risks are more severe for securities of issuers in emerging market regions. Stocks of small and mid cap companies pose special risks, including possible illiquidity and greater price volatility than stocks of larger, more established companies. Marathon-London's assessment of the capital cycle for a particular industry or company may be incorrect. Investing in companies at inopportune phases of the capital cycle can result in the Fund purchasing company stock at pricing levels that are higher than the market dynamics would support and therefore subject the Fund to greater risk that the stock price would decline rather than increase over time.
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