Artisan International Explorer Fund
Fund
ARHBX
Price as of:
$11.92
- $0.01
- 0.08%
Primary Theme
fund company
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
3.8%
1 yr return
11.8%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$99 M
Holdings in Top 10
62.2%
52 WEEK LOW AND HIGH
$11.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.62%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
ARHBX - Profile
Distributions
- YTD Total Return 3.8%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameArtisan International Explorer Fund
-
Fund Family NameArtisan Partners Limited Partnership
-
Inception DateMay 16, 2022
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBeini Zhou
Fund Description
The Fund’s investment team employs a fundamental investment process to construct a diversified portfolio of securities of undervalued, primarily non-US small companies. The team seeks to invest in what the team considers to be high quality, undervalued companies with strong balance sheets and shareholder-oriented management teams.The team’s investment process focuses on four key characteristics:■Undervaluation—Determining the intrinsic value of a business is the heart of the team’s research process. The team believes that intrinsic value represents the amount that a buyer would pay to own a company’s future cash flows. The team seeks to invest at a significant discount to its estimate of the intrinsic value of a business.■Business Quality—The team seeks to invest in companies with histories of generating strong free cash flow, improving returns on capital and strong competitive positions in their industries.■Financial Strength—The team believes that investing in companies with strong balance sheets helps to reduce the potential for capital risk and provides company management the ability to build value when attractive opportunities are available.■Shareholder-Oriented Management—The team’s research process attempts to identify management teams with a history of building value for shareholders.Companies that make it through this analytical process are ranked at the time the position is initiated according to the degree of the discount of the current market price of the stock to the team’s estimate of the company’s intrinsic value. The team manages the portfolio by generally taking larger positions in companies where the discount is greatest and smaller positions in companies with narrower discounts (subject to adjustments for investment-related concerns, including, diversification, risk management and liquidity). As part of the investment process, the team considers financially material environmental, social and governance factors alongside other fundamental research.The focus of the investment process is on individual companies, not on selection of countries or regions. Under normal market conditions, the Fund invests no less than 65% of its total assets (excluding cash and cash equivalents), measured at market value at the time of purchase, in common stocks and other securities of non-US companies. The Fund may invest a substantial portion of its total assets in emerging and less developed markets. The Fund may invest in companies of any size, but anticipates investing primarily in small-capitalization (“small-cap”) companies. Small-cap companies for this purpose are those companies with a market capitalization below $5 billion at the time of the Fund’s investment.The Fund may invest to a limited extent in equity-linked securities that provide economic exposure to a security of one or more non-US companies without direct investment in the underlying securities (called “participation certificates” in the Fund’s prospectus, but may be called different names by issuers). The Fund may (but is not required) to hedge against the risk of loss resulting from currency fluctuation.The Fund invests primarily in equity securities but, from time to time, the team may conclude that a security other than an equity security presents a more attractive risk/reward profile. Accordingly, the Fund may invest to a limited extent in debt securities of US and non-US issuers that meet the Fund’s investment criteria. The Fund may invest in debt securities of any maturity or duration.
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ARHBX - Performance
Return Ranking - Trailing
| Period | ARHBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.8% | -1.8% | 9.7% | 24.07% |
| 1 Yr | 11.8% | 1.9% | 31.3% | 61.11% |
| 3 Yr | N/A* | -2.9% | 31.2% | N/A |
| 5 Yr | N/A* | 2.7% | 19.0% | N/A |
| 10 Yr | N/A* | 1.7% | 6.2% | N/A |
* Annualized
Return Ranking - Calendar
| Period | ARHBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 18.1% | -5.4% | 35.2% | 24.53% |
| 2022 | N/A | -22.7% | 5.8% | N/A |
| 2021 | N/A | -5.7% | 19.7% | N/A |
| 2020 | N/A | -10.7% | 30.9% | N/A |
| 2019 | N/A | 2.1% | 31.6% | N/A |
Total Return Ranking - Trailing
| Period | ARHBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.8% | -1.8% | 9.7% | 24.07% |
| 1 Yr | 11.8% | 1.9% | 31.3% | 61.11% |
| 3 Yr | N/A* | -2.9% | 31.2% | N/A |
| 5 Yr | N/A* | 2.7% | 19.0% | N/A |
| 10 Yr | N/A* | 1.7% | 6.2% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | ARHBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.6% | 3.2% | 40.0% | 32.08% |
| 2022 | N/A | -22.3% | 6.4% | N/A |
| 2021 | N/A | 9.0% | 77.0% | N/A |
| 2020 | N/A | -10.3% | 37.2% | N/A |
| 2019 | N/A | 8.6% | 31.9% | N/A |
NAV & Total Return History
ARHBX - Holdings
Concentration Analysis
| ARHBX | Category Low | Category High | ARHBX % Rank | |
|---|---|---|---|---|
| Net Assets | 99 M | 6.93 M | 10.9 B | 83.33% |
| Number of Holdings | 35 | 10 | 5533 | 92.59% |
| Net Assets in Top 10 | 61.6 M | 398 K | 2.92 B | 61.11% |
| Weighting of Top 10 | 62.16% | 0.3% | 104.7% | 7.41% |
Top 10 Holdings
- BlackRock Liquidity Funds Treasury Trust Fund - Institutional Class 15.25%
- MC Saatchi plc 9.05%
- Glenveagh Properties plc 8.19%
- Despegar.com Corp. 7.11%
- Zuken, Inc. 4.34%
- Alten SA 4.18%
- Sato Holdings Corp. 3.96%
- Care Ratings Ltd. 3.52%
- Signify NV 3.32%
- Steadfast Group Ltd. 3.23%
Asset Allocation
| Weighting | Return Low | Return High | ARHBX % Rank | |
|---|---|---|---|---|
| Stocks | 84.14% | 0.99% | 100.67% | 90.74% |
| Cash | 15.86% | 0.00% | 99.01% | 9.26% |
| Preferred Stocks | 0.00% | 0.00% | 4.46% | 98.15% |
| Other | 0.00% | -1.36% | 4.62% | 88.89% |
| Convertible Bonds | 0.00% | 0.00% | 0.41% | N/A |
| Bonds | 0.00% | 0.00% | 5.03% | 92.59% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ARHBX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 15.19% | N/A |
| Technology | 0.00% | 0.00% | 18.01% | N/A |
| Real Estate | 0.00% | 0.00% | 16.01% | N/A |
| Industrials | 0.00% | 5.36% | 31.52% | N/A |
| Healthcare | 0.00% | 0.00% | 9.89% | N/A |
| Financial Services | 0.00% | 3.05% | 32.74% | N/A |
| Energy | 0.00% | 0.00% | 19.25% | N/A |
| Communication Services | 0.00% | 0.00% | 8.94% | N/A |
| Consumer Defense | 0.00% | 3.45% | 18.05% | N/A |
| Consumer Cyclical | 0.00% | 4.00% | 24.14% | N/A |
| Basic Materials | 0.00% | 1.74% | 28.84% | N/A |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ARHBX % Rank | |
|---|---|---|---|---|
| Non US | 75.51% | 0.00% | 100.52% | 74.07% |
| US | 8.64% | 0.00% | 99.95% | 31.48% |
ARHBX - Expenses
Operational Fees
| ARHBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.62% | 0.36% | 4.91% | 20.37% |
| Management Fee | 1.05% | 0.30% | 1.59% | 96.30% |
| 12b-1 Fee | N/A | 0.00% | 0.75% | N/A |
| Administrative Fee | N/A | 0.01% | 0.15% | N/A |
Sales Fees
| ARHBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 5.75% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| ARHBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
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.
| ARHBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 2.00% | 119.00% | N/A |
ARHBX - Distributions
Dividend Yield Analysis
| ARHBX | Category Low | Category High | ARHBX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.60% | 0.00% | 8.83% | 100.00% |
Dividend Distribution Analysis
| ARHBX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| ARHBX | Category Low | Category High | ARHBX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | -0.10% | 4.33% | N/A |
Capital Gain Distribution Analysis
| ARHBX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
ARHBX - Fund Manager Analysis
Managers
Beini Zhou
Start Date
Tenure
Tenure Rank
May 08, 2022
0.06
0.1%
Beini Zhou, CFA, is a co-portfolio manager for the Artisan International Small Cap Value Strategy. In this role, he oversees the research process and conducts fundamental research as a generalist. Prior to returning to Artisan Partners in September 2020, Mr. Zhou was a portfolio manager at Matthews Asia where he managed the Emerging Markets Equity and Asia Value Strategies and co-managed the Asia Small Companies Strategy. Before that, Mr. Zhou was an analyst for the Artisan International Value and Global Value strategies from 2005 to 2012.
Anand Vasagiri
Start Date
Tenure
Tenure Rank
May 08, 2022
0.06
0.1%
Anand Vasagiri is a co-portfolio manager for the Artisan International Explorer Strategy. In this role, he oversees the research process and conducts fundamental research as a generalist. Prior to returning to Artisan Partners in September 2020, Mr. Vasagiri was co-head and portfolio manager for the Paradice Global Small Cap Strategy from 2010 to 2019. Before that, Mr. Vasagiri was an analyst for the Artisan International Value and Global Value strategies from 2007 to 2010. Earlier in his career, he was an investment analyst for the global emerging markets team at Pictet Asset Management. Mr. Vasagiri holds a bachelor’s degree of engineering in mechanical engineering from M.N. National Institute of Technology, India, a master’s degree in management from the Thunderbird School of Global Management (ASU) and an master’s degree in business administration from the University of Chicago Booth School of Business.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.06 | 26.6 | 7.22 | 10.34 |