Manager Simon Somerville abruptly retired from Harbor International's subadvisor Marathon Asset Management, the firm announced in an April 12 filing. Somerville managed the second-largest sleeve allocation of Japanese equities, representing roughly 8% of fund assets. This news is unexpected, and given the firm’s recent history of personnel instability, the fund’s Morningstar Medalist Rating is now Under Review.
Harbor International Institutional HAINX
- NAV / 1-Day Return 45.07 / −0.15 %
- Total Assets 3.4 Bil
-
Adj. Expense Ratio
0.770%
- Expense Ratio 0.770%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Foreign Large Blend
- Investment Style Large Blend
- Min. Initial Investment 50,000
- Status Open
- TTM Yield 3.34%
- Turnover 18%
USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 10:15 PM GMT+0
Morningstar’s Analysis HAINX
Will HAINX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 16.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Novo Nordisk A/S Class B | 3.42 | 116.1 Mil | Healthcare |
BP PLC | 2.01 | 68.2 Mil | Energy |
3i Group Plc Common Stock Gbp.738636 | 1.80 | 61.3 Mil | — |
Usd | 1.67 | 56.9 Mil | Cash and Equivalents |
ASML Holding NV | 1.67 | 56.6 Mil | Technology |
Glencore PLC | 1.41 | 47.8 Mil | Basic Materials |
RELX PLC | 1.35 | 45.9 Mil | Industrials |
Vestas Wind Systems A/S | 1.34 | 45.6 Mil | Industrials |
Schneider Electric SE | 1.32 | 44.8 Mil | Industrials |
Nippon Telegraph & Telephone Corp | 1.29 | 43.7 Mil | Communication Services |