Harding Loevner International Equity Portfolio (HLMIX)
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.
Fund Info
| ISIN | US4122951076 |
|---|---|
| CUSIP | 412295107 |
| Issuer | Harding Loevner |
| Inception Date | May 10, 1994 |
| Category | Foreign Large Cap Equities |
| Min. Investment | $100,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
HLMIX features an expense ratio of 0.79%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: HLMIX vs. VEA, HLMIX vs. MIEIX, HLMIX vs. IEFA, HLMIX vs. VIGI, HLMIX vs. VMGAX, HLMIX vs. VESGX, HLMIX vs. QQQ, HLMIX vs. VSGX, HLMIX vs. FSSNX, HLMIX vs. OAKIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Harding Loevner International Equity Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Harding Loevner International Equity Portfolio had a return of 3.78% year-to-date (YTD) and 13.23% in the last 12 months. Over the past 10 years, Harding Loevner International Equity Portfolio had an annualized return of 5.38%, while the S&P 500 had an annualized return of 11.39%, indicating that Harding Loevner International Equity Portfolio did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.78% | 25.45% |
| 1 month | -5.14% | 2.91% |
| 6 months | 0.07% | 14.05% |
| 1 year | 13.23% | 35.64% |
| 5 years (annualized) | 4.94% | 14.13% |
| 10 years (annualized) | 5.38% | 11.39% |
Monthly Returns
The table below presents the monthly returns of HLMIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.35% | 3.03% | 2.05% | -2.88% | 4.53% | -1.53% | 2.01% | 4.57% | 2.60% | -5.20% | 3.78% | ||
| 2023 | 8.71% | -3.69% | 2.94% | 1.86% | -3.34% | 4.67% | 1.96% | -6.18% | -3.42% | -3.20% | 9.76% | 3.68% | 13.02% |
| 2022 | -5.72% | -5.29% | -0.30% | -7.73% | 0.12% | -7.80% | 6.27% | -6.44% | -7.76% | 2.44% | 15.69% | -3.17% | -20.21% |
| 2021 | -0.74% | 1.10% | 0.49% | 2.23% | 3.14% | -0.03% | 1.59% | 1.21% | -5.05% | 4.07% | -3.88% | 3.39% | 7.32% |
| 2020 | -2.56% | -6.12% | -11.85% | 5.63% | 5.48% | 6.17% | 6.39% | 2.40% | -0.28% | -3.65% | 12.75% | 6.90% | 20.33% |
| 2019 | 7.25% | 2.66% | 1.36% | 3.71% | -5.24% | 6.28% | -1.91% | -3.03% | 2.62% | 3.41% | 1.72% | 4.63% | 25.22% |
| 2018 | 5.36% | -4.21% | 0.00% | 0.70% | -0.60% | -1.39% | 3.31% | -0.98% | -0.60% | -10.10% | -0.19% | -5.32% | -13.96% |
| 2017 | 4.94% | 1.28% | 3.48% | 3.06% | 3.96% | -0.48% | 3.11% | -0.05% | 2.83% | 2.17% | 1.10% | 0.40% | 28.89% |
| 2016 | -4.91% | -1.78% | 7.83% | 1.39% | 0.17% | 1.31% | 4.18% | -0.00% | 2.17% | -2.60% | -3.76% | 1.85% | 5.30% |
| 2015 | 1.48% | 4.60% | -0.91% | 4.17% | -1.30% | -2.69% | -0.38% | -9.02% | -3.28% | 9.20% | 0.51% | -2.85% | -1.63% |
| 2014 | -6.99% | 5.78% | 0.79% | 1.34% | 1.88% | 1.46% | -1.07% | 2.05% | -4.86% | 1.78% | 0.38% | -3.48% | -1.61% |
| 2013 | 1.57% | -0.25% | 0.74% | 3.07% | -1.43% | -4.11% | 3.72% | -1.76% | 7.62% | 3.40% | -0.45% | 1.60% | 14.03% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HLMIX is 10, indicating that it is in the bottom 10% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Harding Loevner International Equity Portfolio (HLMIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Harding Loevner International Equity Portfolio provided a 1.92% dividend yield over the last twelve months, with an annual payout of $0.52 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.52 | $0.52 | $0.59 | $0.43 | $0.21 | $0.38 | $0.29 | $0.20 | $0.18 | $0.17 | $0.18 | $0.14 |
Dividend yield | 1.92% | 1.99% | 2.51% | 1.41% | 0.75% | 1.59% | 1.50% | 0.87% | 0.98% | 1.02% | 1.03% | 0.79% |
Monthly Dividends
The table displays the monthly dividend distributions for Harding Loevner International Equity Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.52 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 | $0.59 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.43 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.38 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2013 | $0.14 | $0.14 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Harding Loevner International Equity 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 International Equity Portfolio was 65.37%, occurring on Mar 2, 2009. Recovery took 2032 trading sessions.
The current Harding Loevner International Equity Portfolio drawdown is 9.53%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -65.37% | Dec 13, 2007 | 304 | Mar 2, 2009 | 2032 | Mar 28, 2017 | 2336 |
| -54.6% | Dec 31, 1999 | 798 | Mar 12, 2003 | 781 | Apr 19, 2006 | 1579 |
| -33.49% | Sep 8, 2021 | 266 | Sep 27, 2022 | — | — | — |
| -30.48% | Jan 21, 2020 | 44 | Mar 23, 2020 | 83 | Jul 21, 2020 | 127 |
| -25.96% | Jul 21, 1998 | 55 | Oct 5, 1998 | 140 | Apr 19, 1999 | 195 |
Volatility
Volatility Chart
The current Harding Loevner International Equity Portfolio volatility is 4.32%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.