International Equity Research Portfolio
Name
As of 01/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-6.9%
1 yr return
-4.6%
3 Yr Avg Return
-5.5%
5 Yr Avg Return
2.0%
Net Assets
$11.4 M
Holdings in Top 10
12.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.45%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 38.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 01/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HLIRX - Profile
Distributions
- YTD Total Return -6.9%
- 3 Yr Annualized Total Return -5.5%
- 5 Yr Annualized Total Return 2.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.99%
- Dividend Yield 0.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameInternational Equity Research Portfolio
-
Fund Family NameHarding Loevner
-
Inception DateDec 17, 2015
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMoon Surana
Fund Description
HLIRX - Performance
Return Ranking - Trailing
Period | HLIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -6.9% | -6.9% | 7.4% | 100.00% |
1 Yr | -4.6% | -15.0% | 22.9% | 98.05% |
3 Yr | -5.5%* | -23.7% | 8.9% | 82.58% |
5 Yr | 2.0%* | -2.9% | 13.2% | 97.66% |
10 Yr | N/A* | -0.7% | 9.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | HLIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.8% | -0.4% | 28.6% | 85.12% |
2022 | -23.2% | -49.5% | -13.3% | 24.34% |
2021 | -7.2% | -22.2% | 19.3% | 85.82% |
2020 | 11.0% | -4.9% | 85.0% | 89.82% |
2019 | 20.9% | -4.0% | 45.1% | 85.10% |
Total Return Ranking - Trailing
Period | HLIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -6.9% | -6.9% | 7.4% | 100.00% |
1 Yr | -4.6% | -15.0% | 22.9% | 98.05% |
3 Yr | -5.5%* | -23.7% | 8.9% | 82.58% |
5 Yr | 2.0%* | -2.9% | 13.2% | 97.66% |
10 Yr | N/A* | -0.7% | 9.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | HLIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.7% | 1.8% | 28.6% | 89.51% |
2022 | -23.2% | -44.4% | -11.0% | 37.35% |
2021 | 5.2% | -20.6% | 20.5% | 67.91% |
2020 | 14.9% | -4.9% | 97.1% | 89.03% |
2019 | 23.2% | 0.5% | 45.3% | 93.98% |
NAV & Total Return History
HLIRX - Holdings
Concentration Analysis
HLIRX | Category Low | Category High | HLIRX % Rank | |
---|---|---|---|---|
Net Assets | 11.4 M | 169 K | 127 B | 96.43% |
Number of Holdings | 207 | 4 | 1730 | 8.57% |
Net Assets in Top 10 | 1.33 M | 67.7 K | 35.1 B | 97.38% |
Weighting of Top 10 | 12.22% | 0.5% | 99.7% | 99.29% |
Top 10 Holdings
- Northern Inst Fds TREAS PRT PRMR 1.60%
- Alimentation Couche-Tard Inc. COM 1.35%
- Banco Bilbao Vizcaya Argentaria, S.A. EUR0.49 1.30%
- Air Liquide S.A.(L') EUR5.50 1.20%
- Banco Santander, S.A. ADR REP 1 ORD EUR0.50 1.15%
- Chugai Pharmaceutical Co Ltd. NPV 1.15%
- BDO Unibank Inc. PHP10 1.13%
- Oversea-Chinese Banking Corp Ltd. NPV 1.13%
- SAP SE SPON ADR EA REP 1 ORD NPV 1.11%
- Diploma PLC ORD GBP0.05 1.11%
Asset Allocation
Weighting | Return Low | Return High | HLIRX % Rank | |
---|---|---|---|---|
Stocks | 97.44% | 0.98% | 100.79% | 36.43% |
Cash | 1.60% | 0.00% | 99.02% | 72.38% |
Preferred Stocks | 1.13% | 0.00% | 4.73% | 13.10% |
Other | 0.00% | -0.46% | 7.40% | 20.95% |
Convertible Bonds | 0.00% | 0.00% | 2.45% | 4.30% |
Bonds | 0.00% | 0.00% | 0.11% | 5.24% |
Stock Sector Breakdown
Weighting | Return Low | Return High | HLIRX % Rank | |
---|---|---|---|---|
Industrials | 19.22% | 0.68% | 31.28% | 21.72% |
Financial Services | 17.51% | 0.00% | 38.62% | 21.96% |
Healthcare | 13.52% | 1.36% | 29.58% | 64.92% |
Technology | 12.95% | 1.51% | 38.21% | 84.01% |
Consumer Cyclical | 12.07% | 0.00% | 46.28% | 38.66% |
Consumer Defense | 7.53% | 0.00% | 28.66% | 54.18% |
Basic Materials | 6.79% | 0.00% | 23.15% | 48.93% |
Communication Services | 4.51% | 0.00% | 41.13% | 46.78% |
Energy | 4.08% | 0.00% | 24.97% | 20.53% |
Real Estate | 1.18% | 0.00% | 6.64% | 19.09% |
Utilities | 0.64% | 0.00% | 9.05% | 42.96% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HLIRX % Rank | |
---|---|---|---|---|
Non US | 85.62% | 0.00% | 99.77% | 39.52% |
US | 11.83% | 0.00% | 99.71% | 53.81% |
HLIRX - Expenses
Operational Fees
HLIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.45% | 0.01% | 13.07% | 26.32% |
Management Fee | 0.70% | 0.00% | 1.50% | 46.90% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.80% | N/A |
Sales Fees
HLIRX 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
HLIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | 19.44% |
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.
HLIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 38.00% | 7.00% | 149.00% | 65.31% |
HLIRX - Distributions
Dividend Yield Analysis
HLIRX | Category Low | Category High | HLIRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.23% | 0.00% | 2.81% | 7.40% |
Dividend Distribution Analysis
HLIRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
HLIRX | Category Low | Category High | HLIRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.99% | -1.69% | 3.16% | 11.78% |
Capital Gain Distribution Analysis
HLIRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 19, 2018 | $0.127 | OrdinaryDividend |
Dec 18, 2017 | $0.140 | OrdinaryDividend |
HLIRX - Fund Manager Analysis
Managers
Moon Surana
Start Date
Tenure
Tenure Rank
Dec 17, 2015
6.46
6.5%
Moon Surana, CFA has been a portfolio manager since 2015 and an analyst since 2009. As an analyst, she focuses on financials companies. Ms. Surana graduated from Manipal Institute of Technology in 2005 and received an MS in Financial Engineering from the University of Michigan in 2008. She joined Harding Loevner in 2009. Ms. Surana serves as a portfolio manager for the Global Equity Research Portfolio, International Equity Research Portfolio, and Emerging Markets Research Portfolio.
Edmund Bellord
Start Date
Tenure
Tenure Rank
Jan 31, 2022
0.33
0.3%
Edmund Bellord an analyst since 2019. As an analyst, he focuses on asset allocation strategies. Mr. Bellord graduated from the University of Edinburgh in 1995 and received an MBA from University of California at Berkeley’s Walter Haas School of Business in 2001. He joined Harding Loevner in 2019. Mr. Bellord serves as a portfolio manager for the Emerging Markets Research Portfolio, Global Equity Research Portfolio, and International Equity Research Portfolio.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 26.94 | 7.57 | 20.01 |