Harbor International Core Fund

Shareclass
Harbor International Core Investor (HAONX)
Type
Open-end mutual fund
Manager
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, below the threshold of 0.5%. Assigned a grade of C.
How we track deforestation-risk investments
C
15.49%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
26
holdings flagged
15%
of assets flagged
This fund contains
 $64.46 MILLION invested 
in holdings flagged for deforestation risk
Take action
producers
Commodity producers
4 holdings
0.15% of assets
$638,796 invested
banks
Banks and lenders
14 holdings
11% of assets
$44.35 MILLION invested
consumers
Major consumer brands
8 holdings
4.68% of assets
$19.48 MILLION invested
Commodity producers
Commodity producers
4 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
4 HOLDINGS
  • % of portfolio
    $ invested
  • 1. PT Astra International Tbk
    Palm oil producer
    0.09%0.09% of portfolio
    $391,393$391,393 invested
    Palm oil producer
  • 2. Hap Seng Plantations Holdings Bhd
    Palm oil producer
    0.04%0.04% of portfolio
    $163,710$163,710 invested
    Palm oil producer
  • 3. Sarawak Plantation Bhd
    Palm oil producer
    0.01%0.01% of portfolio
    $52,160$52,160 invested
    Palm oil producer
  • 4. First Resources Ltd
    Palm oil producer
    <0.01%<0.01% of portfolio
    $31,533$31,533 invested
    Palm oil producer
Banks and lenders
Banks and lenders
14 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
14 HOLDINGS
  • % of portfolio
    $ invested
  • 1. BNP Paribas Act. Cat.A
    2.36%2.36% of portfolio
    $9.82M$9.82M invested
  • 2. NatWest Group PLC
    1.67%1.67% of portfolio
    $6.97M$6.97M invested
  • 3. Barclays PLC ADR
    1.46%1.46% of portfolio
    $6.09M$6.09M invested
  • 4. Banco Bilbao Vizcaya Argentaria SA
    1.16%1.16% of portfolio
    $4.84M$4.84M invested
  • 5. Sumitomo Mitsui Financial Group Inc
    0.94%0.94% of portfolio
    $3.91M$3.91M invested
View next 5
Major consumer brands
Major consumer brands
8 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
8 HOLDINGS
  • % of portfolio
    $ invested
  • 1. adidas AG
    Cattle major consumer brandPaper/pulp major consumer brand
    1.56%1.56% of portfolio
    $6.48M$6.48M invested
    Cattle major consumer brandPaper/pulp major consumer brand
  • 2. Koninklijke Ahold Delhaize NV
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.35%1.35% of portfolio
    $5.61M$5.61M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. Beiersdorf AG
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.56%0.56% of portfolio
    $2.33M$2.33M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 4. Basf SE
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.43%0.43% of portfolio
    $1.79M$1.79M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 5. Shell PLC
    Soy major consumer brandPalm oil major consumer brand
    0.3%0.3% of portfolio
    $1.23M$1.23M invested
    Soy major consumer brandPalm oil major consumer brand
View next 3
View more info
DATA AS OF 31 Mar 2025





Financial performance
Performance data provided byMorningstarFind more financial data on HAONX at Morningstar.com
Current fund
HAONX
Harbor International Core Fund
Family
Harbor
Category
Foreign Large Blend
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 5/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 5-yr returns 
3.35% more in annualized returns
Less invested in commodity producers 
1.04% less invested
More invested in banks and lenders 
4.79% more invested
Less invested in major consumer brands 
2.48% less invested
Current fund
HAONX
Harbor International Core Fund
Family
Harbor
Category
Foreign Large Blend
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 5/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 5-yr returns 
3.35% more in annualized returns
Less invested in commodity producers 
1.04% less invested
More invested in banks and lenders 
4.79% more invested
Less invested in major consumer brands 
2.48% less invested
Current fund
HAONX
Harbor International Core Fund
Family
Harbor
Category
Foreign Large Blend
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 5/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 5-yr returns 
3.35% more in annualized returns
Less invested in commodity producers 
1.04% less invested
More invested in banks and lenders 
4.79% more invested
Less invested in major consumer brands 
2.48% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
HAONX - Harbor International Core Fund
19%
12%
14%
/
0.15% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
13%
9.32%
10%
5.36%
1.19% 
Fund compared to benchmark
 
6.29%
2.52%
3.35%
/
1.04%  lower
Find more financial data on HAONX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
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