HLIZX Performance — Harding Loevner International Equity Portfolio, Institutional Class Z
Data updated: 2026-09-28
HLIZX returned +15.42% year to date and +28.87% over one year to Jul 2026. Annualised returns are +14.92% over 3 years and +6.66% over 5 years. Against its International Large Blend category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $152, against $153 for the category, and to $129 over one year, against $123. Volatility over the past three years was 13.60% a year. In the 12 months to Jul 2026 the fund lost a net $1.0B, and assets reached $12.68B.
HLIZX Growth of $100
What $100 invested in Harding Loevner International Equity Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Large Blend category average over the same months.
| Period | HLIZX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $129 | $123 |
| 3 years (Aug 2023 – Jul 2026) | $152 | $153 |
| 5 years (Aug 2021 – Jul 2026) | $138 | $147 |
| Since data start (Aug 2019 – Jul 2026) | $197 | $194 |
HLIZX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.42% |
| 1 year | +28.87% |
| 3 years (annualised) | +14.92% |
| 5 years (annualised) | +6.66% |
HLIZX Annual Returns
Calendar-year total returns of Harding Loevner International Equity Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +15.42% |
| 2025 | +27.70% |
| 2024 | +1.34% |
| 2023 | +15.12% |
| 2022 | −20.17% |
| 2021 | +8.65% |
| 2020 | +20.35% |
| 2019 (Aug–Dec) | +9.54% |
HLIZX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +7.7% | +3.8% | −8.0% | +7.2% | +3.8% | +0.4% | +0.6% | — | — | — | — | — |
| 2025 | +3.1% | +3.0% | −0.4% | +3.1% | +3.6% | +2.0% | −0.8% | +3.1% | +4.3% | +1.3% | +0.1% | +2.4% |
| 2024 | −3.4% | +3.0% | +2.1% | −2.9% | +4.6% | −1.6% | +2.1% | +4.6% | +2.6% | −5.2% | −1.4% | −2.6% |
| 2023 | +8.7% | −3.7% | +3.0% | +1.9% | −3.3% | +4.6% | +2.0% | −6.2% | −3.4% | −3.2% | +9.8% | +5.6% |
| 2022 | −5.7% | −5.3% | −0.3% | −7.7% | +0.1% | −7.8% | +6.3% | −6.4% | −7.8% | +2.4% | +15.7% | −3.2% |
| 2021 | −0.7% | +1.1% | +0.5% | +2.2% | +3.2% | −0.1% | +1.6% | +1.2% | −5.1% | +4.1% | −3.8% | +4.6% |
| 2020 | −2.6% | −6.1% | −11.8% | +5.6% | +5.5% | +6.1% | +6.4% | +2.4% | −0.3% | −3.6% | +12.8% | +6.9% |
| 2019 | — | — | — | — | — | — | — | −3.1% | +2.7% | +3.4% | +1.7% | +4.7% |
HLIZX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 13.60%
- 3-year Sharpe ratio: 0.77 (vs 4.5% risk-free rate)
- Best month: +9.76% (Nov 2023)
- Worst month: −7.99% (Mar 2026)
HLIZX Fund Flows
Monthly money in and out of Harding Loevner International Equity Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$1.0B
- 12-month gross sales (incl. reinvestments): $3.1B
- Sales ÷ redemptions: 0.75×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $111.7M | $152.3M | −$40.6M |
| Jun 2026 | $194.4M | $332.3M | −$137.8M |
| May 2026 | $205.5M | $248.1M | −$42.7M |
| Apr 2026 | $134.5M | $239.0M | −$104.5M |
| Mar 2026 | $140.0M | $317.1M | −$177.1M |
| Feb 2026 | $109.2M | $355.2M | −$246.1M |
| Jan 2026 | $111.0M | $285.2M | −$174.2M |
| Dec 2025 | $1.6B | $834.8M | $809.3M |
| Nov 2025 | $68.6M | $379.9M | −$311.3M |
| Oct 2025 | $95.0M | $371.6M | −$276.5M |
| Sep 2025 | $194.6M | $408.8M | −$214.2M |
| Aug 2025 | $67.3M | $169.5M | −$102.2M |
HLIZX Assets Under Management
Net assets of Harding Loevner International Equity Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $12.68B |
| 2026-04-30 | $12.32B |
| 2026-01-30 | $12.58B |
| 2025-10-31 | $12.69B |
| 2025-07-31 | $12.21B |
| 2025-04-30 | $12.21B |
| 2025-01-31 | $12.16B |
| 2024-10-31 | $13.15B |
| 2024-07-31 | $13.95B |
| 2024-04-30 | $13.99B |
| 2024-01-31 | $14.20B |
| 2023-10-31 | $13.03B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.