Harding Loevner Institutional Emerging Markets Portfolio Class Z (HLEZX)
| Fund Assets | 364.91M |
| Expense Ratio | 0.95% |
| Min. Investment | $10,000,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 2.37 |
| Dividend Yield | 12.82% |
| Dividend Growth | 795.80% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 18.51 |
| YTD Return | 11.24% |
| 1-Year Return | 11.25% |
| 5-Year Return | 10.28% |
| 52-Week Low | 14.95 |
| 52-Week High | 20.94 |
| Beta (5Y) | n/a |
| Holdings | 71 |
| Inception Date | Mar 5, 2014 |
About HLEZX
Harding Loevner Institutional Emerging Markets Portfolio Class Z is a mutual fund specializing in equity investments across global emerging markets. Managed by Harding Loevner, the fund seeks long-term capital appreciation by selecting high-quality, growing companies that derive a substantial portion of their revenues or assets from countries classified as emerging markets. These markets typically offer unique growth opportunities but also present higher volatility and risks related to political and economic instability, currency fluctuations, and less mature regulatory environments compared to developed markets. The fund employs a diversified approach, spreading investments across a broad range of countries—primarily in Asia and Latin America—and sectors, including information technology, financials, consumer discretionary, and industrials. Class Z shares are intended for institutional investors and require a high minimum initial investment, while offering the lowest expense ratio among available share classes—enhancing appeal for large-scale investors seeking cost efficiency. By providing access to companies poised for growth in developing regions, this portfolio plays a significant role in helping institutional investors diversify their global equity exposure and participate in the long-term evolution of emerging markets.
Performance
HLEZX had a total return of 11.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.06%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| HLMEX | Institutional | 0.95% |
Top 10 Holdings
35.87% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co., Ltd. TWD10 | TSMWF | 5.49% |
| Tencent Holdings Limited | TCTZF | 5.20% |
| HDFC Bank Ltd. INR1 | HDFCBANK | 4.98% |
| Alibaba Group Holding Limited | BABAF | 3.34% |
| Samsung Electronics Co Ltd. GDR EACH REP 25 COM STK KRW100(REG S) | SSNHZ | 3.21% |
| Trip.com Group Limited | TRPCF | 3.20% |
| Tata Consultancy Services Ltd. INR1 | TACSF | 2.87% |
| ICICI Bank Ltd. INR2 | ICICIBANK | 2.84% |
| Maruti Suzuki India Ltd. INR5 | MUDGF | 2.74% |
| ASPEED Technology Inc. TWD10 | 5274 | 1.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $2.37343 | Dec 19, 2024 |
| Dec 19, 2023 | $0.26495 | Dec 19, 2023 |
| Dec 13, 2022 | $0.18516 | Dec 13, 2022 |
| Dec 14, 2021 | $0.18416 | Dec 14, 2021 |
| Dec 15, 2020 | $0.11829 | Dec 15, 2020 |
| Dec 17, 2019 | $0.34797 | Dec 17, 2019 |