Financials
HAINX
26.3%
Benchmark
25.1%
Harbor International Fund (HAINX)
NAV as of 9/4/2026
$62.73
NAV Daily Change
-$0.14 ↓
NAV YTD Return
14.35% ↑
Net Expense Ratio (%)
0.80
Total Net Assets (million) as of 8/31/2026
$4,002.366
Total Share Class Net Assets (million)
$2,950.466
- Broad Exposure. The fund’s diversified all-cap approach means it can serve as a stand-alone fund for gaining exposure to international stocks.
- Fundamentally Driven. Marathon’s capital cycle approach is grounded in enduring investment principles. Fundamental research drives investment decisions, which aims to create a portfolio with meaningful active positions relative to the benchmark.
- Distinctive Team Structure. Each PM at Marathon is an experienced regional specialist and manages his sleeve independently. This reduces key man risk, guards against group think, and allows diverse investment opinions to be expressed across the portfolio.
Related Products to Consider
“In the long-run, the intensity of competition, rather than the growth of an industry, is what ultimately determines the investment outcome.”
Charles Carter
Managing Director and Portfolio Manager, Europe
Performance
Select an option
Chart
Record Date
Reinvest Date
Payable Date
Return of Capital Non Taxable Dist
Ordinary Income
Total Capital Gains
Short Term Capital Gains
Mid Term Capital Gains
Long Term Capital Gains
Total Distribution
Foreign Tax Credit
Reinvest Price
12/17/2025
12/18/2025
12/18/2025
0.00000
1.95648
0.00000
--
0.00000
--
1.95648
0.09773
54.58
12/18/2024
12/19/2024
12/19/2024
0.00000
1.70875
0.00000
--
0.00000
--
1.70875
0.09568
44.10
12/17/2023
12/18/2023
12/18/2023
0.00000
1.56582
0.00000
--
0.00000
--
1.56582
0.08853
43.29
12/15/2022
12/18/2022
12/18/2022
0.00000
1.30783
0.00000
--
0.00000
--
1.30783
0.00000
38.68
12/16/2021
12/19/2021
12/19/2021
0.00000
1.01357
0.00000
--
0.00000
--
1.01357
0.07776
45.46
12/15/2020
12/16/2020
12/16/2020
0.00000
0.46148
0.00000
0.00000
0.00000
0.00000
0.46148
0.07883
43.88
12/12/2019
12/15/2019
12/15/2019
0.00000
1.24858
0.00000
0.00000
0.00000
0.00000
1.24858
0.12363
40.14
12/13/2018
12/16/2018
12/16/2018
0.00000
0.82960
20.86815
0.00000
0.00000
20.86815
21.69775
0.22951
33.78
12/14/2017
12/17/2017
12/17/2017
0.00000
1.24034
2.99764
0.00000
0.00000
2.99764
4.23798
0.11794
67.12
12/15/2016
12/18/2016
12/18/2016
0.00000
1.16303
0.00000
0.00000
0.00000
0.00000
1.16303
0.09833
58.20
12/15/2015
12/16/2015
12/16/2015
0.00000
1.08101
1.77257
0.00000
0.00000
1.77257
2.85358
0.08429
58.99
12/16/2014
12/17/2014
12/17/2014
0.00000
1.41848
0.00000
0.00000
0.00000
0.00000
1.41848
0.07359
65.81
12/15/2013
12/16/2013
12/16/2013
0.00000
1.49528
0.00000
0.00000
0.00000
0.00000
1.49528
0.08165
67.62
12/13/2012
12/16/2012
12/16/2012
0.00000
1.25643
0.00000
0.00000
0.00000
0.00000
1.25643
0.14974
61.27
12/14/2011
12/15/2011
12/15/2011
0.00000
1.31560
0.00000
0.00000
0.00000
0.00000
1.31560
0.17522
50.66
12/15/2010
12/16/2010
12/16/2010
0.00000
0.87167
0.00000
0.00000
0.00000
0.00000
0.87167
0.13258
59.15
12/16/2009
12/17/2009
12/17/2009
0.00000
0.70484
0.00000
0.00000
0.00000
0.00000
0.70484
0.11336
53.48
12/17/2008
12/18/2008
12/18/2008
0.00000
0.77735
0.00000
0.00000
0.00000
0.00000
0.77735
0.19041
39.05
12/17/2007
12/18/2007
12/18/2007
0.00000
1.05527
3.02183
0.34462
0.00000
2.67721
4.07710
0.14071
69.04
12/17/2006
12/18/2006
12/18/2006
0.00000
1.46093
1.88471
0.00000
0.00000
1.88471
3.34564
0.10523
61.04
12/18/2005
12/19/2005
12/19/2005
0.00000
1.03063
1.22051
0.00000
0.00000
1.22051
2.25114
0.07827
48.73
12/28/2004
12/29/2004
12/29/2004
0.00000
0.55524
0.14616
0.00000
0.00000
0.14616
0.70140
0.09876
42.76
12/28/2003
12/29/2003
12/29/2003
0.00000
0.50578
0.55692
0.03901
0.00000
0.51791
1.06270
0.07268
36.54
12/26/2002
12/29/2002
12/29/2002
0.00000
0.33594
0.53886
0.04311
0.00000
0.49575
0.87480
0.06104
26.69
12/25/2001
12/26/2001
12/27/2001
0.00000
0.26688
0.88186
0.00000
0.00000
0.88186
1.14874
0.11084
29.33
12/19/2000
12/20/2000
12/21/2000
0.00000
0.70766
3.79229
0.03436
0.00000
3.75793
4.49995
0.13765
33.66
12/20/1999
12/21/1999
12/22/1999
0.00000
0.64848
2.86003
0.21616
0.00000
2.64387
3.50851
0.12059
40.44
12/27/1998
12/28/1998
12/30/1998
0.00000
0.57892
2.30081
0.39990
0.00000
1.90091
2.87973
0.09880
37.02
12/23/1997
12/25/1997
12/30/1997
0.00000
0.40207
0.89753
0.00620
0.57590
0.31543
1.29960
0.08812
35.10
12/23/1996
12/25/1996
12/30/1996
0.00000
0.41813
0.79650
0.16255
0.00000
0.63395
1.21463
0.08353
31.51
12/21/1995
12/25/1995
12/28/1995
0.00000
0.40631
0.12780
0.01756
0.00000
0.11024
0.53411
0.07427
27.68
12/22/1994
12/26/1994
12/29/1994
0.00000
0.24677
0.93678
0.19100
0.00000
0.74578
1.18355
0.06892
24.31
12/22/1993
12/26/1993
12/30/1993
0.00000
0.21245
0.00000
0.00000
0.00000
0.00000
0.21245
0.04211
24.34
12/23/1992
12/27/1992
12/30/1992
0.00000
0.21765
0.17891
0.07245
0.00000
0.10646
0.39656
0.03544
16.93
12/25/1991
12/26/1991
12/30/1991
0.00000
0.21119
0.00000
0.00000
0.00000
0.00000
0.21119
0.03169
17.00
12/23/1990
12/25/1990
12/30/1990
0.00000
0.33859
0.34342
0.00369
0.00000
0.33973
0.68201
0.00000
14.33
12/20/1989
12/21/1989
12/29/1989
0.00000
0.16964
0.72455
0.35871
0.00000
0.36584
0.89419
0.00000
16.37
12/22/1988
12/26/1988
12/29/1988
0.00000
0.10276
0.75981
0.62003
0.00000
0.13978
0.86257
0.00000
12.78
Holdings
As of 6/30/2026
Download: Full Holdings (csv)
Company Name [Ticker]
Country
Shares (000's)
Current Price ($)
Market Value ($000's)
% of Net Assets
ASML Holding NV [ASML]
62
1,968.08
121,426
3.2
Rolls-Royce Holdings plc [RR]
4,501
19.17
86,301
2.3
Barclays PLC [BARC]
11,571
6.72
77,804
2.1
UniCredit S.p.A. [UCG]
805
89.47
72,039
1.9
CaixaBank SA [CABK]
4,807
14.16
68,069
1.8
Standard Chartered PLC [STAN]
2,223
27.09
60,223
1.6
Schneider Electric SE [SU]
184
326.30
60,197
1.6
3i Group plc [III]
1,802
33.00
59,456
1.6
BP PLC [BP]
9,095
6.20
56,384
1.5
Glencore plc [GLEN]
8,037
6.82
54,806
1.5
Compagnie Financiere Richemont SA [CFR]
230
231.27
53,131
1.4
AIA Group Limited [1299]
5,281
9.11
48,114
1.3
Novo Nordisk A/S Class B [NOVO.B]
964
48.12
46,390
1.2
ArcelorMittal SA [MT]
760
60.25
45,789
1.2
BAE Systems plc [BA]
1,691
24.47
41,377
1.1
Bank of Ireland Group Plc [BIRG]
2,041
19.92
40,666
1.1
DNB Bank ASA [DNB]
1,240
29.78
36,920
1.0
Sumitomo Mitsui Trust Group Inc. [8309]
987
37.27
36,795
1.0
Compass Group PLC [CPG]
1,128
32.30
36,435
1.0
Lloyds Banking Group plc [LLOY]
24,382
1.47
35,953
1.0
BHP Group Ltd [BHP]
856
41.15
35,217
0.9
NTT Inc [9432]
38,794
0.89
34,611
0.9
Tokio Marine Holdings Inc. [8766]
770
44.31
34,099
0.9
Resona Holdings Inc. [8308]
2,441
12.96
31,633
0.8
Vestas Wind Systems A/S [VWS]
1,119
28.23
31,587
0.8
RELX PLC [REL]
1,001
31.40
31,445
0.8
ASSA ABLOY AB Class B [ASSA.B]
874
35.38
30,910
0.8
Sony Group Corporation [6758]
1,505
20.18
30,365
0.8
Carlsberg AS Class B [CARL.B]
223
131.05
29,266
0.8
Bridgestone Corporation [5108]
1,391
20.98
29,187
0.8
Iberdrola SA [IBE]
1,164
24.97
29,074
0.8
Japan Post Bank Co. Ltd. [7182]
1,535
18.85
28,920
0.8
Intertek Group plc [ITRK]
375
77.05
28,880
0.8
Geberit AG [GEBN]
43
669.19
28,870
0.8
Taiwan Semiconductor Manufacturing Co. Ltd. [2330]
374
75.65
28,293
0.8
DBS Group Holdings Ltd [D05]
551
50.56
27,846
0.7
Sumitomo Metal Mining Co. Ltd. [5713]
596
45.96
27,367
0.7
Bunzl plc [BNZL]
772
34.91
26,951
0.7
InterContinental Hotels Group PLC [IHG]
155
172.25
26,642
0.7
Prudential plc [PRU]
1,973
13.31
26,268
0.7
Diageo plc [DGE]
1,300
20.21
26,260
0.7
Mitsubishi UFJ Financial Group Inc. [8306]
1,305
19.73
25,743
0.7
Eurofins Scientific SE [ERF]
324
78.38
25,383
0.7
Reckitt Benckiser Group plc [RKT]
389
65.18
25,365
0.7
Olympus Corp. [7733]
2,371
10.45
24,785
0.7
Nomura Holdings Inc. [8604]
2,835
8.70
24,660
0.7
adidas AG [ADS]
119
205.11
24,413
0.6
Sandvik AB [SAND]
581
41.32
23,992
0.6
Sampo Oyj [SAMPO]
2,278
10.51
23,949
0.6
Hiscox Ltd [HSX]
947
24.51
23,210
0.6
Koninklijke Ahold Delhaize N.V. [AD]
562
40.27
22,641
0.6
Wienerberger AG [WIE]
827
25.84
21,361
0.6
DCC Plc [DCC]
257
82.82
21,274
0.6
CNH Industrial NV [CNH]
1,866
11.23
20,953
0.6
IG Group Holdings plc [IGG]
852
24.13
20,564
0.5
Davide Campari-Milano N.V. [CPR]
3,285
6.23
20,464
0.5
Hannover Rueck SE [HNR1]
72
277.14
19,896
0.5
Mitsubishi Electric Corp. [6503]
542
36.15
19,585
0.5
Svenska Handelsbanken AB Class A [SHB.A]
1,323
14.73
19,499
0.5
Demant A/S [DEMANT]
475
41.02
19,471
0.5
ZOZO Inc. [3092]
2,719
7.07
19,222
0.5
Wartsila Oyj Abp [WRT1V]
503
38.16
19,194
0.5
Edenred SA [EDEN]
746
25.72
19,182
0.5
British American Tobacco p.l.c. [BATS]
309
62.08
19,166
0.5
Legrand SA [LR]
113
168.87
19,165
0.5
Santos Limited [STO]
3,784
5.00
18,900
0.5
Holcim Ltd [HOLN]
207
90.35
18,665
0.5
JAPAN POST HOLDINGS Co. Ltd. [6178]
1,395
13.35
18,619
0.5
CSL Limited [CSL]
233
79.49
18,506
0.5
Alfa Laval AB [ALFA]
307
59.62
18,297
0.5
Alcon AG [ALC]
269
67.69
18,204
0.5
Asahi Group Holdings Ltd [2502]
1,910
9.52
18,196
0.5
Daiwa House Industry Co. Ltd. [1925]
667
27.18
18,114
0.5
QBE Insurance Group Limited [QBE]
1,035
17.45
18,062
0.5
Murata Manufacturing Co. Ltd. [6981]
255
70.11
17,879
0.5
Entain PLC [ENT]
2,397
7.42
17,781
0.5
Brenntag SE [BNR]
292
60.80
17,754
0.5
Samsung Electronics Co. Ltd. [005930]
82
215.58
17,695
0.5
Technip Energies NV [TE]
462
37.87
17,479
0.5
Admiral Group plc [ADM]
368
47.25
17,392
0.5
Samsonite Group S.A. [1910]
9,972
1.74
17,319
0.5
ANDRITZ AG [ANDR]
195
86.43
16,822
0.4
GEA Group Aktiengesellschaft [G1A]
242
68.66
16,602
0.4
USS Co. Ltd. [4732]
1,387
11.71
16,241
0.4
Siemens Healthineers AG [SHL]
412
39.10
16,104
0.4
SSP Group Plc [SSPG]
6,404
2.49
15,955
0.4
easyJet plc [EZJ]
2,152
7.41
15,946
0.4
Fluidra S.A. [FDR]
698
22.64
15,811
0.4
Experian PLC [EXPN]
468
33.75
15,810
0.4
Equinor ASA [EQNR]
490
31.68
15,512
0.4
Aristocrat Leisure Limited [ALL]
364
42.45
15,470
0.4
Serco Group plc [SRP]
5,270
2.91
15,317
0.4
Obayashi Corporation [1802]
764
20.04
15,313
0.4
Rexel SA [RXL]
349
43.69
15,256
0.4
ConvaTec Group Plc [CTEC]
5,345
2.85
15,253
0.4
EssilorLuxottica SA [EL]
77
187.56
14,391
0.4
Shiseido CompanyLimited [4911]
886
16.11
14,274
0.4
Jardine Matheson Holdings Limited [J36]
229
61.50
14,090
0.4
Rightmove plc [RMV]
2,385
5.82
13,870
0.4
DOWA HOLDINGS CO. LTD. [5714]
260
53.32
13,837
0.4
SalMar ASA [SALM]
294
46.81
13,781
0.4
Kirin Holdings Co. Ltd. [2503]
793
17.29
13,706
0.4
Elis SA [ELIS]
435
30.98
13,483
0.4
Coca-Cola Europacific Partners plc [CCEP]
134
100.07
13,444
0.4
East Japan Railway Company [9020]
639
20.97
13,399
0.4
Coloplast A/S Class B [COLO.B]
235
56.94
13,398
0.4
Taiheiyo Cement Corporation [5233]
540
24.43
13,182
0.4
Komatsu Ltd. [6301]
326
38.65
12,612
0.3
TBS HOLDINGS INC. [9401]
326
38.30
12,479
0.3
Techtronic Industries Co. Ltd. [669]
754
16.51
12,443
0.3
Bakkafrost P/F [BAKKA]
305
40.66
12,394
0.3
ABC-MART INC. [2670]
702
17.23
12,100
0.3
Hitachi Ltd. [6501]
435
27.51
11,964
0.3
MediaTek Inc [2454]
86
133.25
11,420
0.3
Novonesis A/S Class B [NSIS.B]
179
63.15
11,286
0.3
CK Hutchison Holdings Ltd [1]
1,327
8.45
11,206
0.3
Hong Kong Exchanges & Clearing Ltd. [388]
239
46.29
11,077
0.3
Toyo Seikan Group Holdings Ltd. [5901]
439
25.12
11,029
0.3
Autotrader Group PLC [AUTO]
1,658
6.62
10,980
0.3
Oracle Corporation Japan [4716]
212
51.07
10,837
0.3
West Japan Railway Company [9021]
594
16.77
9,961
0.3
ASMPT Limited [522]
327
30.45
9,948
0.3
Nintendo Co. Ltd. [7974]
232
41.93
9,711
0.3
NH Foods Limited [2282]
257
36.63
9,417
0.3
Capitec Bank Holdings Limited [CPI]
32
289.82
9,417
0.3
Mitsubishi Corporation [8058]
349
26.75
9,321
0.2
Scout24 SE [G24]
113
82.72
9,319
0.2
Shinhan Financial Group Co. Ltd. [055550]
148
61.83
9,121
0.2
IHI Corporation [7013]
547
16.68
9,118
0.2
Secom Co. Ltd. [9735]
223
39.72
8,838
0.2
IPH Ltd. [IPH]
3,176
2.67
8,492
0.2
Toyo Suisan Kaisha Ltd. [2875]
131
63.90
8,371
0.2
bioMerieux SA [BIM]
106
78.54
8,330
0.2
Idemitsu Kosan Co. Ltd. [5019]
1,111
7.37
8,186
0.2
Inchcape plc [INCH]
798
10.23
8,170
0.2
Henderson Land Development Co. Ltd. [12]
2,580
3.16
8,159
0.2
Nippon Television Holdings Inc. [9404]
474
17.19
8,152
0.2
Rotork plc [ROR]
2,075
3.92
8,137
0.2
ITV PLC [ITV]
7,587
1.07
8,116
0.2
Mitsubishi Logistics Corporation [9301]
845
9.50
8,027
0.2
Qantas Airways Limited [QAN]
1,090
7.36
8,019
0.2
WH Smith PLC [SMWH]
1,523
5.22
7,946
0.2
Seven & I Holdings Co. Ltd. [3382]
659
12.04
7,934
0.2
NEC Corporation [6701]
328
24.15
7,928
0.2
ALS Ltd. [ALQ]
501
15.82
7,924
0.2
Tsumura & Co. [4540]
343
22.88
7,858
0.2
Nikon Corp. [7731]
559
13.97
7,803
0.2
Sega Sammy Holdings Inc. [6460]
570
13.58
7,737
0.2
Millicom International Cellular SA [TIGO]
85
90.76
7,714
0.2
Whitbread PLC [WTB]
229
31.73
7,274
0.2
Alten SA [ATE]
118
60.59
7,171
0.2
ENEOS Holdings Inc. [5020]
955
7.37
7,036
0.2
Galaxy Entertainment Group Limited [27]
1,873
3.75
7,027
0.2
National Bank of Greece S.A. [ETE]
402
17.25
6,929
0.2
Copa Holdings S.A. Class A [CPA]
44
155.57
6,827
0.2
B3 SA - Brasil Bolsa Balcao [B3SA3]
2,427
2.81
6,813
0.2
Taisei Corporation [1801]
76
87.68
6,670
0.2
Southern Copper Corporation [SCCO]
38
174.26
6,642
0.2
Bayerische Motoren Werke AG [BMW]
101
65.47
6,622
0.2
Delta Electronics Inc. [2308]
107
61.21
6,574
0.2
Naspers Limited Class N [NPN]
131
50.07
6,558
0.2
Inpex Corporation [1605]
324
20.09
6,515
0.2
Nitori Holdings Co. Ltd. [9843]
436
14.86
6,476
0.2
Prio SA [PRIO3]
641
10.08
6,458
0.2
Befesa SA [BFSA]
188
34.13
6,421
0.2
Viscofan S.A. [VIS]
96
66.77
6,383
0.2
HDFC Bank Limited [500180]
738
8.43
6,221
0.2
Ship Healthcare Holdings Inc. [3360]
460
13.33
6,128
0.2
Mitsubishi Motors Corporation [7211]
3,188
1.92
6,121
0.2
Reliance Worldwide Corp. Ltd. [RWC]
2,256
2.71
6,110
0.2
Barratt Redrow plc [BTRW]
1,626
3.73
6,066
0.2
AGC Inc. [5201]
141
42.85
6,021
0.2
Orora Limited [ORA]
6,204
0.96
5,953
0.2
Irish Continental Group PLC [IR5B]
825
7.11
5,864
0.2
TGS ASA [TGS]
435
13.03
5,668
0.2
Kubota Corporation [6326]
339
16.52
5,598
0.1
China Resources Land Limited [1109]
1,432
3.83
5,478
0.1
Fresenius Medical Care AG [FME]
119
45.27
5,410
0.1
Pets At Home Group Plc [PETS]
2,294
2.35
5,402
0.1
Swire Pacific Limited Class A [19]
512
10.42
5,334
0.1
Kinden Corporation [1944]
107
48.89
5,212
0.1
Rathbones Group PLC [RAT]
240
21.26
5,108
0.1
Newmont Corporation Registered Chess Depositary Interests Repr 1 Sh [NEM]
54
93.20
5,034
0.1
Acerinox SA [ACX]
287
17.53
5,026
0.1
Dassault Systemes SE [DSY]
245
20.37
4,996
0.1
Marico Limited [531642]
564
8.83
4,980
0.1
MEGMILK SNOW BRAND Co. Ltd. [2270]
215
22.37
4,800
0.1
Itausa SA Non-Cum Perp Pfd Registered Shs [ITSA4]
1,847
2.59
4,774
0.1
Arca Continental SAB de CV [AC]
379
11.99
4,541
0.1
Sysmex Corporation [6869]
502
9.05
4,539
0.1
Amplifon SpA [AMP]
415
10.83
4,494
0.1
Laureate Education Inc. [LAUR]
123
36.32
4,451
0.1
Daiei Kankyo Co. Ltd. [9336]
187
23.29
4,346
0.1
AVI Limited Class Y [AVI]
700
6.13
4,291
0.1
Cemex SAB de CV Sponsored ADR [CX]
354
12.00
4,251
0.1
Grupo Financiero Banorte SAB de CV Class O [GFNORTEO]
383
10.56
4,050
0.1
Embotelladora Andina S.A. Pfd B [ANDINA.B]
811
4.98
4,037
0.1
Jupiter Fund Management plc [JUP]
1,820
2.17
3,953
0.1
Hakuhodo Dy Holdings Incorporated [2433]
530
7.05
3,739
0.1
PT Bank Central Asia Tbk [BBCA]
11,902
0.31
3,694
0.1
Treasury Wine Estates Limited [TWE]
1,114
3.30
3,674
0.1
Kanadevia Corporation [7004]
458
7.81
3,575
0.1
Silergy Corp. [6415]
187
18.77
3,501
0.1
Valterra Platinum Limited [VAL]
49
67.50
3,300
0.1
BOC Aviation Limited [2588]
309
10.36
3,204
0.1
Empresa Nacional de Telecomunicaciones S.A. [ENTEL]
817
3.90
3,189
0.1
First Quantum Minerals Ltd. [FM]
116
27.31
3,167
0.1
Shenzhou International Group Holdings Limited [2313]
616
5.02
3,091
0.1
Seria Co. Ltd. [2782]
138
22.37
3,082
0.1
OSAKA Titanium Technologies Co. Ltd. [5726]
180
16.74
3,004
0.1
Vipshop Holdings Ltd Sponsored ADR [VIPS]
221
13.26
2,925
0.1
Close Brothers Group plc [CBG]
493
5.38
2,651
0.1
PageGroup PLC [PAGE]
1,823
1.41
2,573
0.1
GN Store Nord A/S [GN]
192
13.35
2,563
0.1
Domino's Pizza Enterprises Limited [DMP]
211
10.83
2,283
0.1
Deterra Royalties Ltd [DRR]
631
3.26
2,054
0.1
PT United Tractors Tbk [UNTR]
1,414
1.29
1,819
0.0
WPP Plc [WPP]
576
3.13
1,803
0.0
Air Water Inc. [4088]
82
17.03
1,391
0.0
Swire Pacific Limited Class B [87]
608
1.59
965
0.0
PT Astra International Tbk [ASII]
1,191
0.25
301
0.0
Severstal PAO Sponsored GDR RegS [SVJTY]
--
217
--
0
0.0
Total
--
--
--
3,709,186
98.8
Cash and Other Assets Less Liabilities
--
--
--
--
1.2
Total Net Assets
--
--
--
--
100.0
As of 6/30/2026
Economic Sector
International Fund %
MSCI EAFE (ND) Index %
Information Technology
59.9
55.1
Financials
13.9
14.0
Utilities
9.8
1.1
Consumer Discretionary
9.1
8.1
Industrials
7.2
8.8
Health Care
4.3
2.6
Materials
2.9
6.6
[Unassigned]
0.8
-0.6
Communication Services
-1.7
-1.3
Consumer Staples
-2.6
5.3
Real Estate
-9.9
1.1
Energy
-14.7
-17.2
As of 6/30/2026
Sector Breakdown
Industrials
HAINX
23.2%
Benchmark
18.9%
Consumer Discretionary
HAINX
11.2%
Benchmark
8.2%
Materials
HAINX
7.8%
Benchmark
6.0%
Consumer Staples
HAINX
7.6%
Benchmark
6.7%
Health Care
HAINX
6.6%
Benchmark
10.4%
Information Technology
HAINX
6.6%
Benchmark
12.1%
Energy
HAINX
4.4%
Benchmark
3.3%
Communication Services
HAINX
3.3%
Benchmark
3.8%
Cash
HAINX
1.3%
Benchmark
0.0%
Real Estate
HAINX
0.8%
Benchmark
1.6%
Utilities
HAINX
0.8%
Benchmark
3.9%
As of 6/30/2026
Country
International Fund %
MSCI EAFE (ND) Index %
United Kingdom
26.3
14.3
Japan
21.9
23.5
France
6.7
9.9
Netherlands
4.2
6.4
Denmark
4.1
1.7
Australia
4.0
6.5
Hong Kong
3.9
1.7
Spain
3.3
4.0
Germany
3.3
8.8
Switzerland
3.2
9.6
Other
19.1
13.6
Investment Team
Marathon Asset Management Limited (Marathon‑London) is an independent investment management firm with a 35+ year track record of managing regional, international and global equity strategies on behalf of institutional clients. Marathon‑London’s distinctive investment philosophy, referred to as the capital cycle approach to investing, focuses on understanding the supply‑side longer‑term dynamics within a competitive ecosystem, management behavior in driving an attractive capital cycle dynamic, and how the evolution of supply‑side forces impact the economics of the businesses within a particular industry. Marathon‑London operates a multi‑counselor model in which portfolio managers are generalists focused on specific regions (Europe, Japan, Pacific ex‑Japan and the Emerging Markets, and North America) and are independently accountable for their own buy/sell decisions. Each portfolio is then aggregated up for broader international and global equity mandates. There are no committee‑based decision‑making structures which, in turn, allows the portfolio managers the independence and flexibility to execute their skills as stock pickers and aligns their incentives with that of Marathon‑London’s clients.
Documents
Name
Fund Documents
As of 06/30/2026
As of 06/30/2026
As of 06/30/2026
Regulatory
As of 10/31/2025
As of 04/30/2025
Additional Documents
As of 03/31/2026
Important Information
From time to time, certain fees and/or expenses have been voluntarily or contractually waived or reimbursed, which has resulted in higher returns. Without these waivers or reimbursements, the returns would have been lower. Voluntary waivers or reimbursements may be applied or discontinued at any time without notice. Only the Board of Trustees may modify or terminate contractual fee waivers or expense reimbursements.
As a result of changing market conditions, total net asset levels, expenses and other factors may change at any time during the current fiscal period and may differ from those shown.
There is no guarantee that the investment objective of the Fund will be achieved. Stock markets are volatile and equity values can decline significantly in response to adverse issuer, political, regulatory, market and economic conditions. Investing in international and emerging markets poses special risks, including potentially greater price volatility due to social, political and economic factors, as well as currency exchange rate fluctuations. These risks are more severe for securities of issuers in emerging market regions. Stocks of small and mid cap companies pose special risks, including possible illiquidity and greater price volatility than stocks of larger, more established companies. Marathon‑London's assessment of the capital cycle for a particular industry or company may be incorrect. Investing in companies at inopportune phases of the capital cycle can result in the Fund purchasing company stock at pricing levels that are higher than the market dynamics would support and therefore subject the Fund to greater risk that the stock price would decline rather than increase over time.
Weighted Average Market Capitalization: The average size of the companies in a portfolio or index as measured by the market value of outstanding shares.
Price/Book: The price‑to‑book (P/B) ratio evaluates a firm's market value relative to its book value.
Adjusted Trailing P/E Ratio: The Adjusted Trailing P/E (Price/Earnings) Ratio is the closing stock price divided by the sum of the last 12 months actual EPS.
% EPS Growth – Past 3 year: Earnings per share refers to the bottom‑line measure of a company’s profitability defined as net income divided by the number of outstanding shares.
Return on Equity: Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity.
Forecasted P/E Ratio: a measure of the P/E (price‑to‑earnings) ratio using forecasted earnings for the P/E calculation.