Harding Loevner Frontier Emerging Markets Portfolio
Name
As of 09/21/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$132 M
Holdings in Top 10
39.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 30.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/21/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HLFFX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.05%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameHarding Loevner Frontier Emerging Markets Portfolio
-
Fund Family NameHarding Loevner
-
Inception DateMar 01, 2017
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPradipta Chakrabortty
Fund Description
HLFFX - Performance
Return Ranking - Trailing
Period | HLFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -9.0% | 10.9% | 21.09% |
1 Yr | N/A | -8.2% | 34.1% | 91.85% |
3 Yr | N/A* | -23.8% | 8.2% | 13.90% |
5 Yr | N/A* | -7.6% | 11.0% | 90.60% |
10 Yr | N/A* | -2.9% | 6.2% | 73.84% |
* Annualized
Return Ranking - Calendar
Period | HLFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -6.5% | 35.5% | 21.82% |
2022 | -20.6% | -50.1% | -2.4% | 21.26% |
2021 | 9.6% | -33.1% | 22.5% | 4.73% |
2020 | -1.4% | -22.1% | 80.1% | 94.90% |
2019 | 9.0% | -0.7% | 42.0% | 94.25% |
Total Return Ranking - Trailing
Period | HLFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -9.0% | 10.9% | 21.09% |
1 Yr | N/A | -8.2% | 34.1% | 91.85% |
3 Yr | N/A* | -23.8% | 8.2% | 13.90% |
5 Yr | N/A* | -7.6% | 11.0% | 90.60% |
10 Yr | N/A* | -2.9% | 6.2% | 72.12% |
* Annualized
Total Return Ranking - Calendar
Period | HLFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -2.7% | 42.0% | 23.29% |
2022 | -20.6% | -42.2% | 1.9% | 32.31% |
2021 | 10.6% | -32.5% | 33.1% | 11.23% |
2020 | 0.3% | -20.0% | 81.6% | 95.52% |
2019 | 11.3% | 2.3% | 42.0% | 96.17% |
NAV & Total Return History
HLFFX - Holdings
Concentration Analysis
HLFFX | Category Low | Category High | HLFFX % Rank | |
---|---|---|---|---|
Net Assets | 132 M | 682 K | 103 B | 70.91% |
Number of Holdings | 59 | 10 | 7049 | 80.83% |
Net Assets in Top 10 | 50.4 M | 118 K | 19.2 B | 66.09% |
Weighting of Top 10 | 39.59% | 0.7% | 140.4% | 26.31% |
Top 10 Holdings
- Banca Transilvania SA RON10 4.66%
- Globant S.A USD1.20 4.60%
- Credicorp Ltd. COM USD5 4.53%
- Kaspi.Kz JSC SPONSORED ADR 4.25%
- Joint Stock Commercial Bank For Foreign Trade Of Vietnam VND10000 4.10%
- SM Prime Holdings Inc. ORD PHP1 3.86%
- Cementos Argos Sa ADR EACH REPR 5 ORD SHS 3.54%
- Northern Inst Fds TREAS PRT PRMR 3.51%
- Halyk Savings Bank Of Kazakhstan JSC Almaty GDR EACH REPR 40 ORD SHS'REGS' (SPON) 3.50%
- International Container Terminal Services Inc. PHP1 3.05%
Asset Allocation
Weighting | Return Low | Return High | HLFFX % Rank | |
---|---|---|---|---|
Stocks | 95.50% | 0.00% | 103.65% | 71.45% |
Cash | 3.76% | -2.03% | 99.29% | 17.96% |
Bonds | 0.74% | 0.00% | 94.30% | 6.57% |
Preferred Stocks | 0.00% | 0.00% | 10.09% | 86.06% |
Other | 0.00% | -1.59% | 50.31% | 74.93% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 70.04% |
Stock Sector Breakdown
Weighting | Return Low | Return High | HLFFX % Rank | |
---|---|---|---|---|
Financial Services | 33.88% | 0.00% | 48.86% | 2.04% |
Technology | 13.80% | 0.00% | 47.50% | 90.37% |
Consumer Defense | 12.08% | 0.00% | 25.90% | 7.33% |
Consumer Cyclical | 8.77% | 0.00% | 48.94% | 85.35% |
Real Estate | 6.49% | 0.00% | 17.15% | 5.70% |
Healthcare | 5.87% | 0.00% | 16.53% | 24.29% |
Industrials | 5.83% | 0.00% | 43.53% | 53.46% |
Communication Services | 5.13% | 0.00% | 39.29% | 83.04% |
Basic Materials | 4.33% | 0.00% | 30.03% | 79.78% |
Energy | 3.82% | 0.00% | 24.80% | 54.95% |
Utilities | 0.00% | 0.00% | 39.12% | 89.96% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HLFFX % Rank | |
---|---|---|---|---|
Non US | 68.06% | 0.00% | 100.18% | 89.14% |
US | 27.44% | 0.00% | 99.51% | 8.71% |
Bond Sector Breakdown
Weighting | Return Low | Return High | HLFFX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 3.51% | 0.00% | 100.00% | 21.31% |
Derivative | 0.00% | -1.59% | 74.21% | 69.97% |
Securitized | 0.00% | 0.00% | 23.79% | 68.95% |
Corporate | 0.00% | 0.00% | 100.00% | 78.52% |
Municipal | 0.00% | 0.00% | 0.32% | 68.95% |
Government | 0.00% | 0.00% | 70.66% | 72.09% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | HLFFX % Rank | |
---|---|---|---|---|
US | 0.74% | 0.00% | 57.31% | 6.57% |
Non US | 0.00% | 0.00% | 78.09% | 72.52% |
HLFFX - Expenses
Operational Fees
HLFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.65% | 0.03% | 24.48% | 31.90% |
Management Fee | 1.35% | 0.00% | 2.00% | 97.72% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
HLFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
HLFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 55.56% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
HLFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 30.00% | 0.00% | 189.00% | 24.34% |
HLFFX - Distributions
Dividend Yield Analysis
HLFFX | Category Low | Category High | HLFFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 10.16% | 46.51% |
Dividend Distribution Analysis
HLFFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
HLFFX | Category Low | Category High | HLFFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.05% | -1.98% | 17.62% | 39.08% |
Capital Gain Distribution Analysis
HLFFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 19, 2023 | $0.139 | OrdinaryDividend |
Dec 13, 2022 | $0.164 | OrdinaryDividend |
Dec 14, 2021 | $0.079 | OrdinaryDividend |
Dec 15, 2020 | $0.136 | OrdinaryDividend |
Dec 18, 2019 | $0.165 | OrdinaryDividend |
Dec 19, 2018 | $0.109 | OrdinaryDividend |
Dec 18, 2017 | $0.178 | OrdinaryDividend |
HLFFX - Fund Manager Analysis
Managers
Pradipta Chakrabortty
Start Date
Tenure
Tenure Rank
Dec 31, 2008
13.42
13.4%
Pradipta Chakrabortty has been a portfolio manager and an analyst since 2008. As an analyst, he focuses on frontier emerging market companies. Mr. Chakrabortty graduated from BIRLA Institute of Technology & Science (Pilani, India) in 1994, received an MBA in Finance and Marketing from XLRI School of Management (Jamshedpur, India) in 1998, and received an MBA in Finance from University of Pennsylvania, the Wharton School, in 2008. He joined Harding Loevner in 2008. Mr. Chakrabortty serves as a co-lead portfolio manager for the Frontier Emerging Markets Portfolio and as a portfolio manager for the Institutional Emerging Markets Portfolio and Emerging Markets Portfolio.
Babatunde Ojo
Start Date
Tenure
Tenure Rank
Jun 30, 2014
7.92
7.9%
Babatunde Ojo, CFA has been a portfolio manager since 2014 and an analyst since 2012. As an analyst, he focuses on frontier emerging markets companies. Mr. Ojo graduated from University of Lagos in 2002. He received an MBA in Finance and Management from University of Pennsylvania, the Wharton School, in 2012 and joined Harding Loevner that same year. Mr. Ojo serves as a co-lead portfolio manager for the Frontier Emerging Markets Portfolio.
Sergey Dubin
Start Date
Tenure
Tenure Rank
Jan 31, 2022
0.33
0.3%
Sergey Dubin, CFA an analyst since 2015. As an analyst, he focuses on emerging markets companies. Mr. Dubin graduated from Syracuse University in 1997. He joined Harding Loevner in 2015. Mr. Dubin serves as a portfolio manager for the Frontier Emerging Markets Portfolio.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.54 | 13.42 |