Objective
Seeks long-term total return.
Overview
An international stock fund that looks beyond short-term underperformance to find opportunities for significant upside in companies with low valuations, low relative price, and/or low expectations.
The portfolio managers are supported by the full resources of Wellington.
Performance
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
SI = Since Inception.
Fund Inception: 05/28/2010
Fund Inception: 5/28/10. Share Class Inception: 2/28/19
Class R6-share performance prior to 2/28/19 reflects the performance and operating expenses of Class Y-shares. Performance for Class R6 shares prior to its inception date would have differed if the operating expenses of Class R6 had been reflected. SI performance is calculated from 5/28/10.
Characteristics
# of Holdings | 233 |
---|---|
% in Equities | 97 |
% in Foreign Equities | 97 |
Beta (3 year) | 0.99 |
R Squared (3 year) | 0.97 |
Standard Deviation | 17.12% |
Turnover | 25% |
Active Share | 79% |
FUND | MSCI EAFE Value Index | |
---|---|---|
Price/Earnings | 8.0x | 9.6x |
Price/Book | 0.9x | 1.2x |
EPS Growth Rate | 10.5% | 6.8% |
Return on Equity | 11.8% | 12.8% |
Median Market Cap (billions) | $4.1 | $14.9 |
Japan | 24 |
United Kingdom | 18 |
France | 11 |
Germany | 7 |
Switzerland | 5 |
Netherlands | 5 |
South Korea | 4 |
Brazil | 4 |
Italy | 4 |
China | 2 |
Shell PLC | 2.25 |
UniCredit SpA | 1.86 |
Novartis AG | 1.75 |
British American Tobacco PLC | 1.70 |
TotalEnergies SE | 1.66 |
GSK PLC | 1.65 |
Koninklijke Philips NV | 1.30 |
BP PLC | 1.22 |
Standard Chartered PLC | 1.20 |
Eni SpA | 1.19 |
Total Portfolio % | 15.78 |
Less than $2 billion | 11 | |
$2 billion - $5 billion | 18 | |
$5 billion - $10 billion | 12 | |
Greater than $10 billion | 59 | |
Not Classified | 0 |
Alpha (5 Year)
|
1.75 |
Down Capture (5 Year)
|
106.94 |
Information Ratio (5 Year)
|
0.41 |
Sharpe Ratio (5 Year)
|
0.46 |
Up Capture (5 Year)
|
111.74 |
FUND |
BENCHMARK | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
6/30/24 | 9/30/24 | 9/30/24 | -8 0 8 | ||||
Consumer Discretionary | 14 | 14 | 6 | ||||
Communication Services | 8 | 9 | 6 | ||||
Materials | 10 | 10 | 8 | ||||
Information Technology | 4 | 4 | 2 | ||||
Health Care | 8 | 9 | 9 | ||||
Consumer Staples | 8 | 9 | 9 | ||||
Energy | 8 | 7 | 7 | ||||
Industrials | 12 | 12 | 13 | ||||
Real Estate | 2 | 2 | 4 | ||||
Utilities | 1 | 2 | 6 | ||||
Financials | 24 | 24 | 30 |
Insights
Fund Literature