Harding Loevner Institutional Emerging Markets Portfolio (HLMEX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Harding Loevner Institutional Emerging Markets Portfolio (HLMEX) is up 21.4% since the beginning of the year. HLMEX is currently trading at $13 per share. Investors who bought $1,000 worth of HLMEX shares 5 years ago would now be looking at an investment worth $1,094.

Harding Loevner Institutional Emerging Markets Portfolio (HLMEX) has returned 21.39% so far this year and 44.75% over the past 12 months. Over the last ten years, HLMEX has returned 7.00% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Oct 17, 2005, HLMEX's average daily return is +0.03%, while the average monthly return is +0.69%. At this rate, an investment would double in approximately 8.4 years.

Historically, 59% of months were positive and 41% were negative. The best month was May 2009 with a return of +17.6%, while the worst month was Oct 2008 at -27.5%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.

On a daily basis, HLMEX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +14.0%, while the worst single day was Oct 15, 2008 at -11.9%.

Harding Loevner Institutional Emerging Markets Portfolio has an annualized alpha of -1.17%, beta of 0.89, and R2 of 0.65 versus S&P 500 Index. Calculated based on daily prices since October 18, 2005.

• This fund participated in 106.06% of S&P 500 Index downside but only 92.93% of its upside - more exposed to losses than it benefited from rallies.
• With beta of 0.89 and R2 of 0.65, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

HLMEX has a high expense ratio of 1.10%, indicating above-average management fees.

HLMEX ranks 85 for risk / return — in the top 85% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Harding Loevner Institutional Emerging Markets Portfolio (HLMEX) and compare them to S&P 500 Index.

Harding Loevner Institutional Emerging Markets Portfolio provided a 78.68% dividend yield over the last twelve months, with an annual payout of $10.32 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Harding Loevner Institutional Emerging Markets Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Harding Loevner Institutional Emerging Markets Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Harding Loevner Institutional Emerging Markets Portfolio was 65.03%, occurring on Nov 20, 2008. Recovery took 1383 trading sessions.

The chart below shows the rolling one-month volatility.