Harding Loevner International Small Companies Portfolio Investor (HLMSX)

Fund Assets	173.71M
Expense Ratio	1.30%
Min. Investment	$5,000
Turnover	31.00%
Dividend (ttm)	0.73
Dividend Yield	3.63%
Dividend Growth	280.36%
Payout Frequency	Annual
Ex-Dividend Date	Dec 15, 2025

Previous Close	20.36
YTD Return	12.18%
1-Year Return	7.46%
5-Year Return	-0.18%
52-Week Low	17.13
52-Week High	20.36
Beta (5Y)	0.84
Holdings	85
Inception Date	Mar 26, 2007

About HLMSX

Harding Loevner International Small Companies Portfolio Investor is a mutual fund focused on providing long-term capital appreciation by investing in high-quality, growth-oriented companies with modest market capitalizations outside the United States. The fund targets small-cap firms across both developed and emerging markets, seeking companies that demonstrate consistent earnings growth and strong financial health. Its investment universe excludes U.S.-based stocks, emphasizing global diversification and exposure to smaller companies that may offer differentiated growth potential compared to larger, established multinational firms. The portfolio is actively managed and typically consists of a concentrated selection of holdings across sectors such as basic materials, industrials, technology, energy, and financial services. By focusing exclusively on international small-cap equities, the fund aims to capture opportunities in under-researched and rapidly growing market segments, playing a significant role in the foreign small/mid-growth category and serving investors seeking to enhance diversification and tap into growth trends outside the U.S..

• Fund Family: Harding Loevner
• Category: Foreign Small/Mid Growth
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: HLMSX
• Share Class: Investor
• Index: MSCI ACWI Ex US Small Cap ND

Performance

HLMSX had a total return of 7.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.79%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FIQIX	Fidelity	Fidelity Advisor Intl Small Cap Z	0.83%
FTISX	Fidelity	Fidelity Advisor Intl Small Cap M	1.45%
FIASX	Fidelity	Fidelity Advisor Intl Small Cap A	1.20%
FIXIX	Fidelity	Fidelity Advisor Intl Small Cap I	0.95%
FISMX	Fidelity	Fidelity International Small Cap Fund	0.90%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
HLRZX	Institutional Class Z	1.01%
HLMRX	Institutional	1.08%

Top 10 Holdings

23.20% of assets

Name	Symbol	Weight
Clarkson PLC	CKNHF	3.11%
Rubis	RUBSF	2.95%
HOA PHAT GROUP JSC VND10000	HPG	2.32%
CRANSWICK PLC ORD GBP0.10	CRWKF	2.30%
ASPEED TECHNOLOGY INC TWD10	5274	2.24%
KWS SAAT SE & Co. KGaA	KNKZF	2.23%
SILERGY CORP TWD2.5	SLEGF	2.13%
DIPLOMA PLC ORD GBP0.05	DPLM	2.08%
Kinaxis Inc.	KXSCF	1.94%
ARTEA BANKAS AB EUR0.29	ROE1L	1.91%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 15, 2025	$0.7331	Dec 15, 2025
Dec 19, 2024	$0.19274	Dec 19, 2024
Dec 19, 2023	$0.17878	Dec 19, 2023
Dec 13, 2022	$0.29501	Dec 13, 2022
Dec 14, 2021	$0.61403	Dec 14, 2021
Dec 15, 2020	$0.00551	Dec 15, 2020

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

Data Sources Report a data error