HLMIX: Harding Loevner International Equity Portfolio - MutualFunds.com

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing.

Enhance retirement outcomes with helpful tactics.

Harding Loevner International Eq Instl

HLMIX - Snapshot

Vitals

  • YTD Return 12.0%
  • 3 Yr Annualized Return 3.2%
  • 5 Yr Annualized Return 7.5%
  • Net Assets $16.1 B
  • Holdings in Top 10 32.0%

52 WEEK LOW AND HIGH

$26.63
$16.92
$26.89

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.81%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 30.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification


Compare HLMIX to Popular International Large-Cap Growth Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$64.07

+0.46%

$161.26 B

-

$0.54

15.11%

0.84%

$47.13

+0.79%

$55.19 B

0.83%

$0.39

45.82%

0.44%

$52.12

-0.06%

$27.50 B

0.72%

$0.37

14.80%

0.99%

$23.71

+0.34%

$17.77 B

0.18%

$0.04

25.38%

1.04%

$26.66

+0.11%

$16.07 B

1.42%

$0.38

12.02%

0.81%

HLMIX - Profile

Distributions

  • YTD Total Return 12.0%
  • 3 Yr Annualized Total Return 3.2%
  • 5 Yr Annualized Total Return 7.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.35%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Harding Loevner International Equity Portfolio
  • Fund Family Name
    Harding Loevner
  • Inception Date
    May 11, 1994
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ferrill Roll

Fund Description

The fund invests in companies based in developed markets outside the U.S. as well as in companies in emerging and frontier markets. It normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stocks, preferred stocks, rights and warrants issued by companies that are based outside the United States, securities convertible into such securities (including Depositary Receipts), and investment companies that invest in the types of securities in which the Portfolio would normally invest. The fund normally holds investments across at least 15 countries.


HLMIX - Performance

Return Ranking - Trailing

Period HLMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.0% -13.3% 77.6% 63.83%
1 Yr 6.3% -10.0% 89.7% 69.76%
3 Yr 3.2%* -3.4% 18.4% 73.14%
5 Yr 7.5%* 0.0% 18.8% 47.33%
10 Yr 6.2%* 3.0% 13.6% 52.02%

* Annualized

Return Ranking - Calendar

Period HLMIX Return Category Return Low Category Return High Rank in Category (%)
2019 23.3% -4.0% 45.1% 70.21%
2018 -15.2% -32.2% 68.4% 33.33%
2017 27.8% 0.0% 50.9% 49.31%
2016 4.3% -12.2% 5.7% 3.63%
2015 -2.6% -16.3% 9.5% 76.90%

Total Return Ranking - Trailing

Period HLMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.0% -13.3% 77.6% 63.83%
1 Yr 6.3% -14.5% 89.7% 63.07%
3 Yr 3.2%* -4.6% 18.4% 70.43%
5 Yr 7.5%* -0.4% 18.8% 45.55%
10 Yr 6.2%* 3.0% 13.6% 49.22%

* Annualized

Total Return Ranking - Calendar

Period HLMIX Return Category Return Low Category Return High Rank in Category (%)
2019 23.3% -4.0% 45.1% 70.45%
2018 -14.0% -32.2% 68.4% 31.84%
2017 29.9% 0.0% 53.4% 51.24%
2016 5.3% -12.2% 8.0% 4.23%
2015 -1.6% -15.1% 11.4% 76.21%

NAV & Total Return History


HLMIX - Holdings

Concentration Analysis

HLMIX Category Low Category High HLMIX % Rank
Net Assets 16.1 B 10 161 B 7.08%
Number of Holdings 59 6 1191 62.50%
Net Assets in Top 10 5.34 B 0 36.1 B 7.33%
Weighting of Top 10 31.95% 8.4% 99.0% 41.21%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co Ltd ADR 3.56%
  2. Infineon Technologies AG 3.44%
  3. Infineon Technologies AG 3.44%
  4. Infineon Technologies AG 3.44%
  5. Infineon Technologies AG 3.44%
  6. Infineon Technologies AG 3.44%
  7. Infineon Technologies AG 3.44%
  8. Infineon Technologies AG 3.44%
  9. Infineon Technologies AG 3.44%
  10. Infineon Technologies AG 3.44%

Asset Allocation

Weighting Return Low Return High HLMIX % Rank
Stocks
96.30% 0.00% 101.48% 65.45%
Cash
3.70% -7.94% 100.00% 32.76%
Preferred Stocks
0.00% 0.00% 0.40% 81.03%
Other
0.00% 0.00% 18.42% 82.97%
Convertible Bonds
0.00% 0.00% 1.96% 80.60%
Bonds
0.00% 0.00% 8.67% 80.69%

HLMIX - Expenses

Operational Fees

HLMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.81% 0.01% 28.05% 79.21%
Management Fee 0.67% 0.00% 1.50% 37.34%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.80% N/A

Sales Fees

HLMIX 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

HLMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.25% 2.00% 72.09%

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.

HLMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 30.00% 4.00% 151.99% 39.91%

HLMIX - Distributions

Dividend Yield Analysis

HLMIX Category Low Category High HLMIX % Rank
Dividend Yield 0.00% 0.00% 5.32% 83.26%

Dividend Distribution Analysis

HLMIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Semi-Annually

Net Income Ratio Analysis

HLMIX Category Low Category High HLMIX % Rank
Net Income Ratio 1.35% -1.17% 3.11% 25.73%

Capital Gain Distribution Analysis

HLMIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

HLMIX - Fund Manager Analysis

Managers

Ferrill Roll


Start Date

Tenure

Tenure Rank

Oct 31, 2004

16.01

16.0%

Ferrill Roll, CFA is Co-CIO to the firm, as well as a co-lead PM of the Global & International Equity strategies, and a Financials analyst. He joined the firm in 1996 and is a Partner. Ferrill has extensive experience, including serving as general partner of Cesar Montemayor Capital, LP, a global investment partnership investing in fixed income, currency, and equity markets. Ferrill began his career at JP Morgan. He graduated from Stanford University (1980) with a degree in Economics and is a CFA Charterholder.

Bryan Lloyd


Start Date

Tenure

Tenure Rank

Jun 30, 2014

6.34

6.3%

Bryan Lloyd is a portfolio manager of the International Equity strategy and a Financials analyst. He is a Partner of the firm and has over 21 years of industry experience. He joined Harding Loevner in 2011 after seven years at Calamos Asset Management. While at Calamos, Bryan served as vice president/senior analyst of financial services and prior to that held the position of research analyst. From 1999–2003, he worked at Credit Suisse First Boston as an associate in equity research. Earlier in his career, he served as a credit analyst at ABN AMRO Bank and as a financial analyst at M&T Bank. He is a graduate of Lafayette College with a BA in Mathematics and Economics and is a CFA® charterholder.

Andrew West


Start Date

Tenure

Tenure Rank

Jun 30, 2014

6.34

6.3%

Andrew West is the manager of research, a portfolio manager of the International Equity, International Equity Research, Global Equity Research, and Emerging Markets Research strategies, and a Consumer Discretionary and Industrials analyst. As manager of research, Andrew is responsible for monitoring and supporting the quality and consistency of analyst output. He is a Partner of the firm and has over 25 years of industry experience. Prior to joining Harding Loevner in 2006, Andrew worked at Standard & Poor’s Equity Research, Veitia & Associates, and International Assets Advisory Corp. Andrew holds a BS in Business Administration/Finance from the University of Central Florida and an MBA in Finance and International Business from the New York University Leonard N. Stern School of Business. He is also a CFA® charterholder.

Patrick Todd


Start Date

Tenure

Tenure Rank

Jan 03, 2017

3.83

3.8%

Patrick Todd is a portfolio manager of the International Equity strategy and a Health Care and Real Estate analyst. Patrick joined Harding Loevner in 2012 and has over 11 years of industry experience. He previously worked at Gabelli & Company as a research analyst, Ironbound Capital as a research analyst, and Merrill Lynch Investment Managers as a portfolio specialist. Patrick holds a BA in Biochemical Sciences from Harvard University and an MBA in Applied Value Investing from Columbia Business School. He is also a CFA® charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 25.36 7.14 6.42