Aristotle International Equity Fund
Name
As of 10/20/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$582 M
Holdings in Top 10
35.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.94%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 10.00%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/20/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ARSFX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.91%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAristotle International Equity Fund
-
Fund Family NameINVESTMENT MANAGERS SERIES TRUST
-
Inception DateMar 31, 2014
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSean Thorpe
Fund Description
Under normal circumstances, the International Equity Fund invests at least 80% of its net assets (including amounts borrowed for investment purposes) in publicly traded equity securities or depositary receipts of companies organized, headquartered or doing a substantial amount of business outside of the United States. Aristotle Capital Management, LLC, (the “Advisor” or “Aristotle Capital”), the Fund’s investment advisor, considers a company that has at least 50% of its assets located outside the United States or derives at least 50% of its revenue from business outside the United States as doing a substantial amount of business outside the United States. The International Equity Fund generally invests in securities of companies located in different regions and in at least three different countries. The International Equity Fund intends to invest no more than 20% of its total assets in companies organized, headquartered or doing a substantial amount of business in emerging market countries under normal market conditions.
The International Equity Fund’s investments in equity securities may include common stocks, preferred stocks, warrants and rights. The International Equity Fund’s investments in depositary receipts may include American, European, and Global Depositary Receipts (“ADRs,” “EDRs,” and “GDRs,” respectively). ADRs are receipts that represent interests in foreign securities held on deposit by U.S. banks. EDRs and GDRs have the same qualities as ADRs, except that they may be traded in several international trading markets. The International Equity Fund may invest in companies of any market capitalization.
In pursuing the International Equity Fund’s investment objective, the Advisor employs a fundamental, bottom-up research driven approach to identify companies for investment by the Fund. The Advisor focuses on those companies that it believes have high-quality businesses that are undervalued by the market relative to what the Advisor believes to be their fair value. The Advisor seeks to identify high-quality companies by focusing on the following attributes: attractive business fundamentals, strong financials, experienced, motivated company management, and high and/or consistently improving market position, return on invested capital or operating margins.
ARSFX - Performance
Return Ranking - Trailing
Period | ARSFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -1.4% | 32.0% | 62.75% |
1 Yr | N/A | 0.7% | 28.0% | 78.37% |
3 Yr | N/A* | -13.5% | 48.7% | 48.80% |
5 Yr | N/A* | -33.8% | 76.8% | 66.50% |
10 Yr | N/A* | -0.1% | 16.8% | N/A |
* Annualized
Return Ranking - Calendar
Period | ARSFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -7.3% | 22.0% | 100.00% |
2022 | -21.8% | -43.6% | 71.3% | 87.26% |
2021 | 13.7% | -28.5% | 18.9% | 1.68% |
2020 | 9.8% | -90.1% | 992.1% | 37.74% |
2019 | 22.2% | -2.2% | 38.8% | 24.63% |
Total Return Ranking - Trailing
Period | ARSFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -1.4% | 32.0% | 62.75% |
1 Yr | N/A | 0.7% | 28.0% | 78.37% |
3 Yr | N/A* | -13.5% | 48.7% | 48.80% |
5 Yr | N/A* | -33.8% | 76.8% | 66.50% |
10 Yr | N/A* | -0.1% | 16.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | ARSFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | 3.2% | 41.4% | 100.00% |
2022 | -20.9% | -43.6% | 144.8% | 93.25% |
2021 | 15.8% | -22.6% | 56.0% | 5.82% |
2020 | 10.4% | -89.7% | 1010.8% | 46.07% |
2019 | 24.0% | 4.3% | 38.8% | 33.11% |
NAV & Total Return History
ARSFX - Holdings
Concentration Analysis
ARSFX | Category Low | Category High | ARSFX % Rank | |
---|---|---|---|---|
Net Assets | 582 M | 1.97 M | 366 B | 57.04% |
Number of Holdings | 41 | 1 | 10801 | 88.05% |
Net Assets in Top 10 | 138 M | 0 | 36.8 B | 52.33% |
Weighting of Top 10 | 35.32% | 2.5% | 111.6% | 18.09% |
Top 10 Holdings
- Accenture PLC - Class A 4.81%
- Muenchener Rueckversicherungs-Gesellschaft A.G. in Muenchen 4.09%
- Sony Group Corp. 3.57%
- Ashtead Group PLC 3.55%
- Cameco Corp. 3.44%
- Brookfield Corp. 3.44%
- Pan Pacific International Holdings Corp. 3.30%
- LVMH Moet Hennessy Louis Vuitton S.E. 3.15%
- Dassault Systemes S.E. 3.01%
- Haleon PLC 2.96%
Asset Allocation
Weighting | Return Low | Return High | ARSFX % Rank | |
---|---|---|---|---|
Stocks | 96.79% | 0.00% | 122.60% | 63.12% |
Cash | 3.21% | -22.43% | 100.00% | 24.93% |
Preferred Stocks | 0.00% | -0.01% | 7.60% | 49.42% |
Other | 0.00% | -2.97% | 43.01% | 44.17% |
Convertible Bonds | 0.00% | 0.00% | 4.18% | 5.12% |
Bonds | 0.00% | -0.68% | 71.30% | 14.43% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ARSFX % Rank | |
---|---|---|---|---|
Financial Services | 20.32% | 0.00% | 47.75% | 20.75% |
Technology | 19.53% | 0.00% | 36.32% | 2.54% |
Industrials | 19.02% | 5.17% | 99.49% | 11.79% |
Consumer Defense | 10.66% | 0.00% | 32.29% | 30.45% |
Healthcare | 9.63% | 0.00% | 21.01% | 74.33% |
Consumer Cyclical | 9.00% | 0.00% | 36.36% | 74.63% |
Energy | 4.67% | 0.00% | 16.89% | 55.97% |
Basic Materials | 4.53% | 0.00% | 23.86% | 84.93% |
Communication Services | 2.64% | 0.00% | 21.69% | 93.13% |
Utilities | 0.00% | 0.00% | 13.68% | 85.52% |
Real Estate | 0.00% | 0.00% | 14.59% | 76.72% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ARSFX % Rank | |
---|---|---|---|---|
Non US | 86.66% | 0.00% | 121.07% | 66.33% |
US | 10.13% | 0.00% | 103.55% | 27.99% |
ARSFX - Expenses
Operational Fees
ARSFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.94% | 0.01% | 18.22% | 57.52% |
Management Fee | 0.70% | 0.00% | 1.65% | 56.79% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 1.00% | 57.72% |
Sales Fees
ARSFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
ARSFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 1.00% | 2.00% | 83.87% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
ARSFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 10.00% | 2.00% | 247.00% | 14.92% |
ARSFX - Distributions
Dividend Yield Analysis
ARSFX | Category Low | Category High | ARSFX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.31% | 0.00% | 24.61% | 63.13% |
Dividend Distribution Analysis
ARSFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
ARSFX | Category Low | Category High | ARSFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.91% | -0.93% | 6.38% | 77.61% |
Capital Gain Distribution Analysis
ARSFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.059 | OrdinaryDividend |
Oct 13, 2023 | $0.152 | OrdinaryDividend |
Dec 14, 2022 | $0.141 | OrdinaryDividend |
Dec 16, 2020 | $0.071 | OrdinaryDividend |
Dec 13, 2019 | $0.166 | OrdinaryDividend |
Dec 14, 2018 | $0.141 | OrdinaryDividend |
Dec 14, 2017 | $0.161 | OrdinaryDividend |
Dec 14, 2016 | $0.153 | OrdinaryDividend |
Dec 15, 2015 | $0.042 | OrdinaryDividend |
Dec 17, 2014 | $0.062 | OrdinaryDividend |
ARSFX - Fund Manager Analysis
Managers
Sean Thorpe
Start Date
Tenure
Tenure Rank
Mar 31, 2014
8.17
8.2%
Sean Thorpe is a member of the Aristotle Capital research team and a veteran of the investment industry. Sean was an analyst and Portfolio Manager at Reed, Conner & Birdwell, LLC (RCB), with responsibility for co-managing the International strategy. (RCB combined its business with Aristotle Capital in January 2012.) Prior to his tenure with RCB, Sean served as Senior Vice President for Shamrock Holdings, LLC, where he specialized in activist investments for domestic small cap companies. Sean was also Managing Director for Mandeville Partners, LLC, where he was involved in the consolidation of cable companies throughout Latin America. He has held positions as the Vice President in Strategic Planning at Salick Health Care, Inc. and as financial analyst for both Kidder Peabody & Co. and Drexel Burnham Lambert, Inc. Sean earned his Bachelor of Arts degree in Economics and Finance from the University of California, Los Angeles. He is a founding parent of Valley Charter School, a charter school that opened in 2010 in Los Angeles, California.
Geoffrey Stewart
Start Date
Tenure
Tenure Rank
Mar 31, 2014
8.17
8.2%
Geoffrey Stewart is a member of the Aristotle Capital research team and a veteran of the investment industry. Geoffrey was an analyst and Portfolio Manager with Reed, cram & Birdwell, LLC (RCB) for eight years, with responsibility for co-managing the International strategy. (RCB combined its business with Aristotle Capital in January 2012.) Prior to his tenure with RCB, Geoffrey served as an equity analyst at Oppenheimer & Company. Geoffrey earned his Bachelor of Arts degree in History from Duke University. He is a CFA® charterholder.
Howard Gleicher
Start Date
Tenure
Tenure Rank
May 01, 2015
7.09
7.1%
Howard Gleicher is CEO and Chief Investment Officer of Aristotle Capital. Having begun in the investment industry in 1985, Howard heads the firm and leads the investment effort. Prior to founding Aristotle Capital, Howard was co-founder, CEO and Chief Investment Officer at Metropolitan West Capital Management, LLC. Howard’s prior investment-related experience includes serving as Principal, Portfolio Manager and Investment Policy Committee member at Palley-Needelman Asset Management, Inc., and Equity Portfolio Manager at Pacific Investment Management Company (PIMCO).
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.35 | 6.22 | 3.25 |