Harding Loevner Emerging Markets Research Portfolio (HLREX)
The portfolio invests at least 65% of its total assets in common stocks, preferred stocks, rights and warrants issued by companies that are based in emerging or frontier markets, 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. It also may invest in securities of U.S. companies that derive, or are expected to derive, a significant portion of their revenues from their foreign operations.
Fund Info
US4122957768
412295776
Dec 18, 2016
$100,000
Large-Cap
Blend
Expense Ratio
HLREX has a high expense ratio of 1.15%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Harding Loevner Emerging Markets Research 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
HLREX
N/A
N/A
N/A
N/A
N/A
N/A
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of HLREX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 8.52% | -6.34% | 0.86% | -0.00% | -3.20% | 4.52% | 4.85% | -6.53% | -3.76% | -5.14% | 7.54% | 3.95% | 3.72% |
| 2022 | -0.26% | -5.72% | -3.40% | -8.28% | 1.35% | -4.09% | -0.43% | -1.29% | -9.34% | -0.24% | 12.25% | -1.41% | -20.33% |
| 2021 | 0.45% | 0.53% | 0.53% | 0.67% | 3.64% | 0.50% | -5.77% | 1.59% | -2.83% | 0.69% | -4.79% | 1.95% | -3.23% |
| 2020 | -4.43% | -4.55% | -19.35% | 8.69% | 3.31% | 5.78% | 6.15% | 3.31% | -1.51% | 1.26% | 10.17% | 8.52% | 14.26% |
| 2019 | 9.32% | 0.46% | 2.37% | 2.85% | -6.50% | 5.19% | -0.09% | -4.41% | 2.21% | 3.07% | 0.44% | 6.50% | 22.40% |
| 2018 | 6.75% | -3.57% | 0.93% | -2.60% | -2.12% | -2.81% | 2.48% | -4.43% | -1.60% | -7.36% | 3.88% | -3.18% | -13.56% |
| 2017 | 4.85% | 2.17% | 3.70% | 2.23% | 2.35% | 1.28% | 3.95% | 2.99% | 0.79% | 1.40% | 0.38% | 4.03% | 34.52% |
| 2016 | 1.00% | 1.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Harding Loevner Emerging Markets Research Portfolio (HLREX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
| Period | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.15 | $0.07 | $1.19 | $0.20 | $0.48 | $0.90 | $0.96 |
Dividend yield | 1.57% | 0.74% | 10.27% | 1.55% | 4.05% | 9.01% | 7.65% |
Monthly Dividends
The table displays the monthly dividend distributions for Harding Loevner Emerging Markets Research 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 | $9.06 | $9.06 | |||||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.19 | $1.19 |
| 2020 | $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 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 | $0.48 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.90 | $0.90 |
| 2017 | $0.96 | $0.96 |
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 Emerging Markets Research 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 Emerging Markets Research Portfolio was 36.31%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.31% | Feb 17, 2021 | 426 | Oct 24, 2022 | — | — | — |
| -34.62% | Jan 21, 2020 | 44 | Mar 23, 2020 | 161 | Nov 9, 2020 | 205 |
| -23.01% | Jan 29, 2018 | 191 | Oct 29, 2018 | 302 | Jan 13, 2020 | 493 |
| -6.62% | Dec 18, 2017 | 1 | Dec 18, 2017 | 18 | Jan 16, 2018 | 19 |
| -4.88% | Jan 26, 2021 | 4 | Jan 29, 2021 | 6 | Feb 8, 2021 | 10 |
Volatility
Volatility Chart
The current Harding Loevner Emerging Markets Research Portfolio volatility is 2.12%, 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.