Hardman Johnston International Growth Fund
Fund
HJIGX
Price as of:
$19.19
+ $0.34
+ 1.80%
Primary Theme
fund company
Name
As of 06/02/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
16.1%
1 yr return
35.2%
3 Yr Avg Return
22.1%
5 Yr Avg Return
7.9%
Net Assets
$156 M
Holdings in Top 10
53.4%
52 WEEK LOW AND HIGH
$18.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.54%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 46.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
$100,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/02/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
HJIGX - Profile
Distributions
- YTD Total Return 16.1%
- 3 Yr Annualized Total Return 22.1%
- 5 Yr Annualized Total Return 7.9%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.48%
- Dividend Yield 2.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameHardman Johnston International Growth Fund
-
Fund Family NameDakota Funds
-
Inception DateFeb 14, 2018
-
Shares Outstanding4285522
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCassandra Hardman
Fund Description
The Fund seeks to achieve its investment objective by investing primarily in a select portfolio of equity securities of established companies that are domiciled in various countries throughout the world, excluding the U.S. The Fund typically invests in securities of issuers from at least six or more non-U.S. countries and at least eight industries. The Fund holds a maximum of 25% of its net assets of companies in any single industry. The Fund generally maintains a focused portfolio of approximately 20 to 30 holdings. To mitigate risk, positions have a maximum weighting of 8.5% of the Fund’s net assets for any single security. The countries within the MSCI ACWI ex USA Index (the “Index”) in which the Fund will invest will be determined by the Fund’s sub-advisor, Hardman Johnston Global Advisors LLC (“Hardman Johnston” or the “Sub-Advisor”).
Under normal circumstances, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, without regard to market capitalization. The Fund’s investments will generally consist of common stocks traded on a public securities exchange or market organized and regulated pursuant to the laws of the jurisdiction of such exchange. The Fund may also invest in American Depositary Receipts (“ADRs”) (including unsponsored ADRs), Global Depositary Receipts, (“GDRs”), European Depositary Receipts (“EDRs”), and International Depositary Receipts (“IDRs”).
Hardman Johnston looks for securities of companies it believes will increase in value over time. Hardman Johnston’s investment philosophy is based on two key tenets: (1) earnings growth of a company drives its securities performance over time, and (2) there are short term inefficiencies in the market that create attractive opportunities to buy the securities of one or more companies.
The Fund may invest in securities of companies located or operating within developed markets, as well as emerging markets. Emerging markets are those countries (1) included in emerging market or equivalent classifications by the United Nations (and its agencies); (2) having per capita income in the low to middle ranges, as determined by the World Bank; or (3) designated by the Index. The Fund’s maximum exposure to emerging markets is expected to be 10% above the Index’s weight. The Fund may also invest in pre-emerging markets, also known as frontier markets.
HJIGX - Performance
Return Ranking - Trailing
| Period | HJIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.1% | -17.5% | 33.3% | 10.72% |
| 1 Yr | 35.2% | -16.1% | 48.3% | 6.67% |
| 3 Yr | 22.1%* | -0.8% | 27.7% | 5.22% |
| 5 Yr | 7.9%* | -8.8% | 15.6% | 9.04% |
| 10 Yr | N/A* | 3.1% | 12.9% | N/A |
* Annualized
Return Ranking - Calendar
| Period | HJIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 36.5% | -72.4% | 43.6% | 1.16% |
| 2024 | 12.0% | -28.0% | 29.8% | 5.51% |
| 2023 | 5.0% | -0.4% | 28.6% | 97.39% |
| 2022 | -23.6% | -49.5% | -15.2% | 26.61% |
| 2021 | 1.0% | -22.2% | 19.3% | 56.02% |
Total Return Ranking - Trailing
| Period | HJIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.1% | -17.5% | 33.3% | 10.72% |
| 1 Yr | 35.2% | -16.1% | 48.3% | 6.67% |
| 3 Yr | 22.1%* | -0.8% | 27.7% | 5.22% |
| 5 Yr | 7.9%* | -8.8% | 15.6% | 9.04% |
| 10 Yr | N/A* | 3.1% | 12.9% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | HJIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 40.7% | -1.0% | 47.2% | 0.87% |
| 2024 | 12.3% | -7.0% | 33.0% | 6.38% |
| 2023 | 5.0% | 1.8% | 28.6% | 98.55% |
| 2022 | -23.6% | -44.4% | -11.0% | 43.57% |
| 2021 | 2.2% | -20.6% | 20.5% | 83.73% |
NAV & Total Return History
HJIGX - Holdings
Concentration Analysis
| HJIGX | Category Low | Category High | HJIGX % Rank | |
|---|---|---|---|---|
| Net Assets | 156 M | 4.24 M | 137 B | 89.28% |
| Number of Holdings | 25 | 6 | 1720 | 97.97% |
| Net Assets in Top 10 | 72.6 M | 1.38 M | 30.7 B | 82.90% |
| Weighting of Top 10 | 53.43% | 13.0% | 99.3% | 5.22% |
Top 10 Holdings
- Sandoz Group AG 6.28%
- Taiwan Semiconductor Manufacturing Co Ltd 5.87%
- ASML Holding NV 5.73%
- Prysmian SpA 5.30%
- Infineon Technologies AG 5.27%
- Standard Chartered PLC 5.11%
- AstraZeneca PLC 5.06%
- Mitsubishi Heavy Industries Ltd 5.00%
- UCB SA 4.93%
- Hitachi Ltd 4.88%
Asset Allocation
| Weighting | Return Low | Return High | HJIGX % Rank | |
|---|---|---|---|---|
| Stocks | 99.82% | 84.91% | 103.40% | 4.93% |
| Cash | 0.32% | 0.00% | 8.28% | 89.86% |
| Preferred Stocks | 0.00% | 0.00% | 3.51% | 44.06% |
| Other | 0.00% | -0.78% | 14.24% | 43.48% |
| Convertible Bonds | 0.00% | 0.00% | 2.45% | 25.58% |
| Bonds | 0.00% | 0.00% | 2.17% | 26.38% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | HJIGX % Rank | |
|---|---|---|---|---|
| Technology | 27.58% | 1.51% | 38.21% | 2.91% |
| Industrials | 24.72% | 0.68% | 31.28% | 6.40% |
| Healthcare | 18.72% | 1.36% | 29.58% | 16.86% |
| Consumer Cyclical | 15.88% | 0.00% | 41.53% | 19.48% |
| Financial Services | 9.38% | 0.00% | 38.62% | 79.36% |
| Communication Services | 3.73% | 0.00% | 41.13% | 53.20% |
| Utilities | 0.00% | 0.00% | 9.05% | 63.37% |
| Real Estate | 0.00% | 0.00% | 6.64% | 59.59% |
| Energy | 0.00% | 0.00% | 24.97% | 79.94% |
| Consumer Defense | 0.00% | 0.00% | 25.77% | 98.26% |
| Basic Materials | 0.00% | 0.00% | 23.15% | 95.35% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | HJIGX % Rank | |
|---|---|---|---|---|
| Non US | 91.69% | 0.00% | 99.98% | 21.16% |
| US | 8.12% | 0.00% | 99.27% | 64.35% |
HJIGX - Expenses
Operational Fees
| HJIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.54% | 0.01% | 15.90% | 23.03% |
| Management Fee | 1.00% | 0.00% | 1.21% | 95.07% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.03% | 0.40% | N/A |
Sales Fees
| HJIGX 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
| HJIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
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.
| HJIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 46.00% | 7.00% | 149.00% | 75.24% |
HJIGX - Distributions
Dividend Yield Analysis
| HJIGX | Category Low | Category High | HJIGX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.63% | 0.00% | 11.77% | 83.43% |
Dividend Distribution Analysis
| HJIGX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| HJIGX | Category Low | Category High | HJIGX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.48% | -1.69% | 3.16% | 85.92% |
Capital Gain Distribution Analysis
| HJIGX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Quarterly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 12, 2025 | $0.499 | OrdinaryDividend |
| Dec 13, 2024 | $0.029 | OrdinaryDividend |
| Dec 10, 2021 | $0.150 | CapitalGainLongTerm |
| Dec 11, 2019 | $0.552 | OrdinaryDividend |
HJIGX - Fund Manager Analysis
Managers
Cassandra Hardman
Start Date
Tenure
Tenure Rank
Jan 01, 2020
2.41
2.4%
Cassandra joined Johnston Asset Management in 1997. Prior to joining the firm, she was a Managing Director and Principal at PCM International, Inc., an affiliate of Prudential Insurance Company of America. Cassandra has spent her entire career focused on the international equity markets, and managed separate and commingled pension accounts totaling almost $1 billion. Cassandra has a BA in Economics and an MBA in Finance from Rutgers University. She is a Chartered Financial Analyst and a member of the CFA Institute, the International Analysts Society and the New York Society of Security Analysts. Cassandra has been in the investment management business for more than 25 years. Cassandras volunteer experience includes serving as Treasurer of the foundation supporting her local hospital, and as Chair of the Endowment and Finance Committees for her church.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.16 | 26.94 | 7.99 | 20.01 |