Industrials
HIISX
28.6%
Benchmark
23.2%
Harbor International Small Cap Fund (HIISX)
NAV as of 10/21/2026
$17.98
NAV Daily Change
$0.03 ↑
NAV YTD Return
15.55% ↑
Net Expense Ratio (%)
1.24
Total Net Assets (million) as of 9/30/2026
$195.022
Total Share Class Net Assets (million)
$3.144
- Specialist Firm. Cedar Street is a boutique specialist firm focused exclusively on non-US small-cap equity investing.
- Seasoned Management. The founders of Cedar Street have spent decades running small-cap international portfolios.
- Price Discipline. Management applies a consistent and disciplined valuation framework in selecting stocks they believe are well managed and fundamentally sound.
Related Products to Consider
"We invest like business owners — as opposed to short-term traders — carefully analyzing all facets of a company’s operations, balance sheet, management, industry, etc.”
Waldemar Mozes. Director of Investments and Portfolio Manager
Cedar Street Asset Management, LLC
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
0.32037
1.06644
0.48501
0.00000
0.58143
1.38681
0.04117
15.42
12/18/2024
12/19/2024
12/19/2024
0.00000
0.32024
0.32282
0.20576
0.00000
0.11706
0.64306
0.05078
13.57
12/17/2023
12/18/2023
12/18/2023
0.00000
0.22604
0.03967
--
0.00000
0.03967
0.26571
0.02760
14.21
12/15/2022
12/18/2022
12/18/2022
0.00000
0.10538
0.19541
0.02638
0.00000
0.16903
0.30079
0.01856
13.37
12/16/2021
12/19/2021
12/19/2021
0.00000
0.23351
0.82210
0.27586
0.00000
0.54624
1.05561
0.03075
14.47
12/15/2020
12/16/2020
12/16/2020
0.00000
0.12886
0.00000
0.00000
0.00000
0.00000
0.12886
0.02215
13.87
12/12/2019
12/15/2019
12/15/2019
0.00000
0.30580
0.00000
0.00000
0.00000
0.00000
0.30580
0.04535
12.94
12/13/2018
12/16/2018
12/16/2018
0.00000
0.03920
0.37506
0.00000
0.00000
0.37506
0.41426
0.01969
10.97
12/14/2017
12/17/2017
12/17/2017
0.00000
0.03546
0.10415
0.00000
0.00000
0.10415
0.13961
0.01049
13.96
12/15/2016
12/18/2016
12/18/2016
0.00000
0.08378
0.00000
0.00000
0.00000
0.00000
0.08378
0.01395
10.32
Holdings
As of 9/30/2026
Download: Full Holdings (csv)
Company Name [Ticker]
Country
Shares (000's)
Current Price ($)
Market Value ($000's)
% of Net Assets
Reliance Worldwide Corp. Ltd. [RWC]
1,135
3.30
3,743
1.9
OSAKA SODA CO.LTD. [4046]
291
12.63
3,672
1.9
Kansai Paint Co. Ltd. [4613]
204
17.97
3,666
1.9
RS Group PLC [RS1]
352
10.36
3,645
1.9
Ansell Limited [ANN]
113
31.49
3,568
1.8
TP ICAP Group plc [TCAP]
775
4.54
3,519
1.8
HOSHIZAKI Corp. [6465]
104
33.44
3,491
1.8
Samsonite Group S.A. [1910]
2,129
1.62
3,441
1.8
Computer Engineering & Consulting Ltd. [9692]
241
14.16
3,411
1.7
SIG Group AG [SIGN]
207
16.40
3,387
1.7
Aalberts N.V. [AALB]
70
48.57
3,383
1.7
SAN-A CO. LTD. [2659]
162
20.78
3,372
1.7
Victrex plc [VCT]
274
12.26
3,356
1.7
Nihon Kohden Corporation [6849]
328
10.19
3,347
1.7
ZIGUP PLC [ZIG]
529
6.28
3,322
1.7
Morgan Advanced Materials plc [MGAM]
931
3.56
3,315
1.7
Kyushu Financial Group Inc. [7180]
294
11.23
3,307
1.7
Construcciones y Auxiliar de Ferrocarriles S.A. [CAF]
38
87.12
3,288
1.7
Corbion NV [CRBN]
127
25.81
3,281
1.7
BOC Aviation Limited [2588]
368
8.86
3,261
1.7
Huhtamaki Oyj [HUH1V]
99
32.87
3,252
1.7
Nakanishi Inc. [7716]
352
9.23
3,245
1.7
Bunka Shutter Co. Ltd. [5930]
273
11.82
3,226
1.7
Coats Group plc [COA]
2,935
1.10
3,216
1.6
Daiseki Co. Ltd. [9793]
143
22.50
3,216
1.6
Arjo AB Class B [ARJO.B]
1,140
2.76
3,151
1.6
C&C Group Plc [CCR]
2,361
1.33
3,149
1.6
Fagron SA [FAGR]
118
26.41
3,129
1.6
Landis+Gyr Group AG [LAND]
51
60.48
3,088
1.6
Raito Kogyo Co. Ltd. [1926]
491
6.28
3,083
1.6
Tosoh Corporation [4042]
184
16.74
3,079
1.6
Hamamatsu Photonics K.K. [6965]
205
14.97
3,075
1.6
JCDecaux SE [DEC]
108
27.99
3,030
1.6
Cembra Money Bank AG [CMBN]
29
103.18
3,020
1.5
Aperam S.A. [APAM]
60
50.02
3,007
1.5
TAG Immobilien AG [TEG]
238
12.59
2,992
1.5
Bekaert SA [BEKB]
68
44.01
2,985
1.5
Coface SA [COFA]
161
18.51
2,973
1.5
Miura Co. Ltd. [6005]
154
19.17
2,959
1.5
Krones AG [KRN]
24
121.08
2,934
1.5
Venture Corporation Limited [V03]
231
12.71
2,934
1.5
METAWATER Co.Ltd. [9551]
147
19.70
2,904
1.5
Rubis SCA [RUI]
72
40.00
2,888
1.5
ARIAKE JAPAN Co. Ltd. [2815]
89
32.20
2,864
1.5
Fuji Seal International Inc. [7864]
136
21.03
2,856
1.5
Genuit Group PLC [GEN]
734
3.88
2,847
1.5
Tieto Corporation [TIETO]
138
20.51
2,831
1.5
Inchcape plc [INCH]
274
9.94
2,727
1.4
OPTEX GROUP Company Limited [6914]
128
20.75
2,660
1.4
Sonic Healthcare Limited [SHL]
201
13.21
2,658
1.4
Onex Corporation [ONEX]
36
71.87
2,587
1.3
Savills plc [SVS]
189
13.68
2,584
1.3
ASR Nederland N.V. [ASRNL]
31
81.96
2,561
1.3
Aryzta AG [ARYN]
55
45.45
2,510
1.3
Sixt SE [SIX2]
31
78.60
2,412
1.2
Spin Master Corp [TOY]
163
14.35
2,337
1.2
ROUND ONE Corporation [4680]
293
7.87
2,301
1.2
RTL Group S.A. [RRTL]
68
32.83
2,216
1.1
Sparebanken Norge [SBNOR]
94
22.12
2,089
1.1
Wienerberger AG [WIE]
89
19.38
1,725
0.9
Torishima Pump Mfg.Co. Ltd. [6363]
91
18.82
1,710
0.9
Clarkson PLC [CKN]
23
67.22
1,564
0.8
KSB SE & Co. KGaA Vorz.Akt. ohne Stimmrecht [KSB3]
2
942.76
1,472
0.8
Glanbia Plc [GL9]
66
22.32
1,469
0.8
NOF Corporation [4403]
71
16.15
1,153
0.6
Total
--
--
--
189,444
97.3
Cash and Other Assets Less Liabilities
--
--
--
--
2.7
Total Net Assets
--
--
--
--
100.0
As of 9/30/2026
Sector Breakdown
Materials
HIISX
18.1%
Benchmark
11.0%
Financials
HIISX
10.3%
Benchmark
13.9%
Health Care
HIISX
9.8%
Benchmark
5.7%
Information Technology
HIISX
9.2%
Benchmark
10.6%
Consumer Discretionary
HIISX
7.2%
Benchmark
11.2%
Consumer Staples
HIISX
6.8%
Benchmark
5.2%
Cash
HIISX
2.9%
Benchmark
0.0%
Real Estate
HIISX
2.9%
Benchmark
9.4%
Communication Services
HIISX
2.7%
Benchmark
4.0%
Utilities
HIISX
1.5%
Benchmark
2.2%
Energy
HIISX
0.0%
Benchmark
3.6%
As of 9/30/2026
Economic Sector
International Small Cap Fund %
MSCI EAFE Small Cap (ND) Index %
Utilities
14.0
3.1
Communication Services
13.2
2.2
Health Care
9.6
4.3
Materials
8.7
6.8
Industrials
8.0
2.0
Financials
5.9
10.8
Consumer Discretionary
1.0
1.3
Energy
--
12.6
[Unassigned]
--
263.9
Information Technology
-1.4
-1.7
Real Estate
-7.2
-5.8
Consumer Staples
-8.1
3.1
As of 9/30/2026
Country
International Small Cap Fund %
MSCI EAFE Small Cap (ND) Index %
Japan
32.1
37.5
United Kingdom
17.0
12.7
Germany
6.2
4.0
Switzerland
6.1
4.2
France
6.1
3.5
Australia
5.1
10.6
Netherlands
4.7
1.5
Belgium
3.1
1.5
Finland
3.1
1.1
Canada
2.5
--
Other
14.0
23.4
Investment Team
Cedar Street Asset Management LLC is an employee‑owned investment firm focused on small capitalization value investing in international markets. The firm strives to generate strong risk‑adjusted returns, employing a consistent and repeatable investment methodology in an entrepreneurial, team‑oriented, and respectful work environment, where clients’ interests are paramount to any other interest. The firm utilizes a fundamental and qualitative approach to value investing, which includes cross disciplinary and language capabilities.
Documents
Name
Fund Documents
As of 09/30/2026
As of 09/30/2026
As of 09/30/2026
Regulatory
As of 10/31/2025
As of 04/30/2026
Additional Documents
As of 01/31/2026
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 cap companies pose special risks, including possible illiquidity and greater price volatility than stocks of larger, more established companies.
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.