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Harding Loevner International Eq Instl HLMIX

Medalist Rating as of | See Harding Loevner Investment Hub
  • NAV / 1-Day Return 25.98  /  +0.70 %
  • Total Assets 14.5 Bil
  • Adj. Expense Ratio
    0.790%
  • Expense Ratio 0.790%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Foreign Large Growth
  • Investment Style Large Blend
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 2.03%
  • Turnover 18%

USD | NAV as of Feb 22, 2024 | 1-Day Return as of Feb 22, 2024, 11:13 PM GMT+0

Morningstar’s Analysis HLMIX

Will HLMIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Harding Loevner International Equity Remains in Good Hands After Several Comanager Changes

null William Samuel Rocco

William Samuel Rocco

Analyst Note

Harding Loevner recently announced that Uday Cheruvu became a comanager on Harding Loevner International Equity on Jan. 1, 2024, while Babatunde Ojo, Bryan Lloyd, and Maria Lernerman gave up their comanager positions. Cheruvu—who joined the firm in 2020, covers technology and communication-services stocks as an analyst and has roughly two decades of investment experience—has a solid resume for his new role. Ojo, Lloyd, and Lernerman remain at the firm. Ojo continues to serve as a co-lead manager on Harding Loevner Frontier Emerging Markets HLFMX and became a comanager on Harding Loevner Emerging Markets HLEMX on Jan. 1, 2024. Lloyd continues to cover the financials sector as an analyst. And Lernerman continues to serve as a comanager on Harding Loevner International Carbon Transition Equity HLCTX. Finally, co-lead manager Ferrill Roll, co-lead manager Andrew West, and comanager Patrick Todd continue to serve on this strategy's team, and they have strong credentials. The team is employing the same quality-growth process that has always been in place here. For all these reasons, this strategy’s pillar ratings and Morningstar Medalist Ratings are unchanged.

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Portfolio Holdings HLMIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 30.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Samsung Electronics Co Ltd DR

3.87 567.5 Mil
Technology

Chugai Pharmaceutical Co Ltd

3.55 520.8 Mil
Healthcare

Taiwan Semiconductor Manufacturing Co Ltd ADR

3.54 519.2 Mil
Technology

Northern Institutional Treasury Premier

3.51 514.7 Mil
Cash and Equivalents

Infineon Technologies AG

3.31 485.7 Mil
Technology

DBS Group Holdings Ltd

2.79 410.0 Mil
Financial Services

Fomento Economico Mexicano SAB de CV ADR

2.76 404.7 Mil
Consumer Defensive

Allianz SE

2.70 396.0 Mil
Financial Services

L'Oreal SA

2.69 394.3 Mil
Consumer Defensive

Skandinaviska Enskilda Banken AB Class A

2.67 391.6 Mil
Financial Services