Harding Loevner International Eq Instl
- HLMIX
- Price as of: Jan 20, 2021
-
$29.37
N/A N/A
- Primary Theme
- International Large-Cap Growth Equity
- Fund Company
- Harding Loevner
- Share Class
HLMIX - Snapshot
Vitals
- YTD Return 3.9%
- 3 Yr Annualized Return 9.0%
- 5 Yr Annualized Return 12.1%
- Net Assets $19.7 B
- Holdings in Top 10 32.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.81%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 17.00%
TRADING FEES
- Max Redemption Fee 2.00%
Min Investment
- Standard (Taxable) $100,000
- IRA N/A
Fund Classification
-
Primary Theme
International Large-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Foreign Large Growth
HLMIX - Profile
Distributions
- YTD Total Return 3.9%
- 3 Yr Annualized Total Return 9.0%
- 5 Yr Annualized Total Return 12.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.01%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameHarding Loevner International Equity Portfolio
-
Fund Family NameHarding Loevner
-
Inception DateMay 11, 1994
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerFerrill 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 | 3.9% | -2.6% | 11.2% | 35.90% |
1 Yr | 20.3% | 0.0% | 97.1% | 60.49% |
3 Yr | 9.0%* | 0.0% | 35.6% | 71.16% |
5 Yr | 12.1%* | 5.3% | 23.1% | 39.59% |
10 Yr | 7.8%* | 4.4% | 15.0% | 44.73% |
* Annualized
Return Ranking - Calendar
Period | HLMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 19.4% | -4.9% | 85.0% | 51.36% |
2019 | 23.3% | -4.0% | 45.1% | 70.30% |
2018 | -15.2% | -32.2% | 68.4% | 33.94% |
2017 | 27.8% | 0.0% | 50.9% | 49.71% |
2016 | 4.3% | -12.2% | 5.7% | 3.83% |
Total Return Ranking - Trailing
Period | HLMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | -2.6% | 8.4% | 35.68% |
1 Yr | 20.3% | 0.0% | 97.1% | 54.24% |
3 Yr | 9.0%* | 0.0% | 35.6% | 66.98% |
5 Yr | 12.1%* | 4.8% | 23.1% | 37.28% |
10 Yr | 7.8%* | 4.4% | 15.0% | 43.13% |
* Annualized
Total Return Ranking - Calendar
Period | HLMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 19.4% | -4.9% | 85.0% | 51.36% |
2019 | 23.3% | -4.0% | 45.1% | 70.54% |
2018 | -14.0% | -32.2% | 68.4% | 32.38% |
2017 | 29.9% | 0.0% | 53.4% | 51.74% |
2016 | 5.3% | -12.2% | 8.0% | 4.47% |
NAV & Total Return History
HLMIX - Holdings
Concentration Analysis
HLMIX | Category Low | Category High | HLMIX % Rank | |
---|---|---|---|---|
Net Assets | 19.7 B | 10 | 193 B | 7.69% |
Number of Holdings | 59 | 6 | 1233 | 64.81% |
Net Assets in Top 10 | 5.34 B | 1.81 M | 38.9 B | 9.58% |
Weighting of Top 10 | 31.95% | 9.2% | 99.0% | 42.54% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd ADR 3.56%
- Infineon Technologies AG 3.44%
- Infineon Technologies AG 3.44%
- Infineon Technologies AG 3.44%
- Infineon Technologies AG 3.44%
- Infineon Technologies AG 3.44%
- Infineon Technologies AG 3.44%
- Infineon Technologies AG 3.44%
- Infineon Technologies AG 3.44%
- Infineon Technologies AG 3.44%
Asset Allocation
Weighting | Return Low | Return High | HLMIX % Rank | |
---|---|---|---|---|
Stocks | 96.30% | 61.64% | 101.12% | 72.06% |
Cash | 3.70% | -9.49% | 38.36% | 23.39% |
Preferred Stocks | 0.00% | 0.00% | 0.40% | 80.85% |
Other | 0.00% | -6.43% | 19.19% | 82.41% |
Convertible Bonds | 0.00% | 0.00% | 2.76% | 81.29% |
Bonds | 0.00% | 0.00% | 9.01% | 81.37% |
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% | 80.18% |
Management Fee | 0.67% | 0.00% | 1.50% | 34.73% |
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% | 76.92% |
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 | 17.00% | 4.00% | 224.00% | 17.53% |
HLMIX - Distributions
Dividend Yield Analysis
HLMIX | Category Low | Category High | HLMIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.39% | 81.32% |
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 | 1.01% | -11.00% | 3.11% | 21.52% |
Capital Gain Distribution Analysis
HLMIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Dec 19, 2018 | $0.290 |
Dec 18, 2017 | $0.198 |
Dec 19, 2016 | $0.175 |
Dec 21, 2015 | $0.174 |
Dec 22, 2014 | $0.181 |
Dec 23, 2013 | $0.140 |
Dec 21, 2012 | $0.130 |
Dec 17, 2010 | $0.058 |
Dec 18, 2009 | $0.102 |
Dec 27, 2004 | $0.057 |
Dec 26, 2003 | $0.070 |
Dec 26, 2002 | $0.044 |
Dec 27, 2001 | $0.034 |
HLMIX - Fund Manager Analysis
Managers
Ferrill Roll
Start Date
Tenure
Tenure Rank
Oct 31, 2004
16.18
16.2%
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
6.51
6.5%
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
6.51
6.5%
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
3.99
4.0%
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 |
---|---|---|---|
0.02 | 25.52 | 7.23 | 18.6 |