Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

ARTQX Artisan Mid Cap Value Investor

  • Fund
  • ARTQX
  • Price as of: Sep 20, 2019
  • $19.85 - $0.12 - 0.60%

ARTQX - Profile

Vitals

  • YTD Return 17.2%
  • 3 Yr Annualized Return -2.0%
  • 5 Yr Annualized Return -6.2%
  • Net Assets $2.27 B
  • Holdings in Top 10 29.5%

52 WEEK LOW AND HIGH

$19.85
$16.05
$23.73

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.19%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 19.15%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Value

Distributions

  • YTD Total Return 17.2%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return -0.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.07%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Artisan Mid Cap Value Fund
  • Fund Family Name Artisan
  • Inception Date Mar 28, 2001
  • Shares Outstanding N/A
  • Share Class Inv
  • Currency USD
  • Domiciled Country United States
  • Manager James C. Kieffer

Fund Description

The Artisan Mid Cap Value Fund Investor Class (ARTQX) is an actively managed fund that seeks to grow investor capital over the long term. The fund does this by investing in domestic mid-cap stocks. ARTQX’s managers seek firms that generate strong cash flows from operations but are still undervalued and trading for discounts to their real intrinsic values. The fund is broadly diversified across sectors.

With its low costs, ARTQX makes for a great subcore choice for investor looking to overweight mid-cap value stocks. The fund is managed by Artisan Partners Limited Partnership.

ARTQX - Performance

Return Ranking - Trailing

Period ARTQX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.2% -92.4% 26.9% 62.81%
1 Yr -17.0% -94.0% 3.5% 80.17%
3 Yr -2.0%* -56.8% 10.8% 74.04%
5 Yr -6.2%* -40.0% 16.0% 87.68%
10 Yr 1.6%* -18.2% 11.8% 85.56%

* Annualized


Return Ranking - Calendar

Period ARTQX Return Category Return Low Category Return High Rank in Category (%)
2018 -25.5% -36.8% -7.3% 77.78%
2017 1.7% -16.5% 19.3% 85.67%
2016 19.2% -14.6% 28.1% 18.81%
2015 -23.9% -36.5% 0.2% 98.25%
2014 -8.7% -44.7% 52.5% 91.76%

Total Return Ranking - Trailing

Period ARTQX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.2% -92.4% 26.9% 62.81%
1 Yr -17.0% -94.0% 3.5% 85.67%
3 Yr 2.3%* -56.5% 11.8% 70.51%
5 Yr -0.2%* -39.7% 18.0% 86.59%
10 Yr 7.0%* -18.0% 12.8% 82.78%

* Annualized


Total Return Ranking - Calendar

Period ARTQX Return Category Return Low Category Return High Rank in Category (%)
2018 -25.5% -32.7% -4.1% 85.47%
2017 12.4% 0.5% 26.9% 50.96%
2016 22.5% -2.5% 29.0% 15.18%
2015 -9.9% -25.7% 5.0% 84.91%
2014 -7.7% -44.0% 52.9% 99.22%

NAV & Total Return History

ARTQX - Holdings

Concentration Analysis

ARTQX Category Low Category High ARTQX % Rank
Net Assets 2.27 B 875 K 18.8 B 25.82%
Number of Holdings 54 3 2596 74.18%
Net Assets in Top 10 735 M 194 K 3.11 B 20.11%
Weighting of Top 10 29.50% 7.8% 99.5% 21.20%

Top 10 Holdings

  1. Celanese Corp Class A 3.64%

  2. Air Lease Corp Class A 3.23%

  3. Analog Devices Inc 3.07%

  4. Torchmark Corp 2.91%

  5. M&T Bank Corp 2.88%

  6. AutoNation Inc 2.85%

  7. Arch Capital Group Ltd 2.85%

  8. Amerco Inc 2.77%

  9. GCI Liberty Inc A 2.68%

  10. Thor Industries Inc 2.61%


Asset Allocation

Weighting Return Low Return High ARTQX % Rank
Stocks
96.58% 83.74% 100.46% 69.29%
Cash
3.42% -0.46% 14.02% 28.26%
Preferred Stocks
0.00% 0.00% 0.25% 5.43%
Other
0.00% 0.00% 2.33% 11.41%
Convertible Bonds
0.00% 0.00% 0.00% 4.08%
Bonds
0.00% 0.00% 1.65% 10.05%

Stock Sector Breakdown

Weighting Return Low Return High ARTQX % Rank
Financial Services
27.20% 2.33% 30.13% 5.16%
Consumer Cyclical
21.77% 5.38% 36.42% 12.77%
Industrials
14.00% 3.89% 26.71% 45.65%
Technology
9.75% 0.00% 30.65% 56.52%
Basic Materials
7.86% 0.00% 13.48% 18.48%
Healthcare
4.34% 0.00% 39.87% 84.51%
Real Estate
3.39% 0.00% 19.13% 80.43%
Energy
3.25% 0.00% 15.29% 85.60%
Communication Services
2.68% 0.00% 3.96% 5.16%
Consumer Defense
2.34% 0.00% 19.80% 86.96%
Utilities
0.00% 0.00% 14.16% 88.32%

Stock Geographic Breakdown

Weighting Return Low Return High ARTQX % Rank
US
92.56% 81.28% 99.87% 69.29%
Non US
4.02% 0.00% 12.47% 33.15%

ARTQX - Expenses

Operational Fees

ARTQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.19% 0.00% 225.30% 48.08%
Management Fee 0.94% 0.00% 1.20% 93.48%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.47% N/A

Sales Fees

ARTQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ARTQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% N/A

Turnover 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.

ARTQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 19.15% 0.01% 561.00% 9.78%

ARTQX - Distributions

Dividend Yield Analysis

ARTQX Category Low Category High ARTQX % Rank
Dividend Yield 0.23% 0.00% 2.74% 66.58%

Dividend Distribution Analysis

ARTQX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

ARTQX Category Low Category High ARTQX % Rank
Net Income Ratio 0.07% -1.15% 2.49% 89.01%

Capital Gain Distribution Analysis

ARTQX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

ARTQX - Managers

James C. Kieffer

Manager

Start Date

Tenure

Tenure Rank

Nov 22, 2001

17.78

17.8%

James C. Kieffer, CFA, is a managing director of Artisan Partners and a portfolio manager on the U.S. Value team. In this role, he is a portfolio manager for the Artisan Value Equity and U.S. Mid-Cap Value Strategies. Prior to joining Artisan Partners in August 1997, Mr. Kieffer was a research analyst at the investment firm McColl Partners. Mr. Kieffer began his investment career at Wachovia Corporation working initially as a personal trust portfolio manager and later as a general equities and small-cap value research analyst in the institutional portfolio group. Mr. Kieffer holds a bachelor’s degree in economics from Emory University.


Daniel L. Kane

Manager

Start Date

Tenure

Tenure Rank

Feb 01, 2012

7.58

7.6%

Daniel L. Kane, CFA, is a portfolio manager on the Artisan Partners U.S. Value Team. In this role, he is a portfolio manager for the Artisan Value Equity and U.S. Mid-Cap Value Strategies. Prior to joining Artisan Partners in March 2008, Mr. Kane was a senior small-cap investment analyst at BB&T Asset Management, Inc. from August 2005 to March 2008. Mr. Kane began his investment career as a domestic equities securities analyst at the State of Wisconsin Investment Board in 1998. Mr. Kane holds a bachelor's degree in finance from the University of Wisconsin-Madison and a master's degree in business administration from the University of Chicago Booth School of Business.


Thomas A Reynolds

Manager

Start Date

Tenure

Tenure Rank

Oct 03, 2017

1.91

1.9%

Thomas A. Reynolds IV is a managing director of Artisan Partners and a portfolio manager on the U.S. Value team. In this role, he is a portfolio manager for the Artisan Value Equity and U.S. Mid-Cap Value Strategies. Prior to joining Artisan Partners in October 2017, Mr. Reynolds was a portfolio manager for Perkins Investment Management at Janus Henderson, where he co-managed the Perkins Small Cap Value strategy and the Perkins All Cap Value strategy. Mr. Reynolds joined Perkins in 2009 as a research analyst covering the U.S. financials sector and was later promoted to portfolio manager. Earlier in his career, he worked at Lehman Brothers in the financial institutions investment banking group and fixed income sales and trading. Mr. Reynolds holds a bachelor's degree in anthropology from Dartmouth College and a master's degree in business administration from the University of Chicago Booth School of Business, where he graduated with honors.


Craig Inman

Manager

Start Date

Tenure

Tenure Rank

Feb 01, 2019

0.58

0.6%

Craig Inman, CFA, is a portfolio manager on the Artisan Partners U.S. Value Team. In this role, he is a portfolio manager for the Artisan Value Equity and U.S. Mid-Cap Value Strategies. Prior to joining Artisan Partners in February 2012, Mr. Inman was an analyst and trader at Reicon Capital from February 2002 to February 2012. Mr. Inman began his investment career in 1999 as a trader at ING Investment Management. Mr. Inman holds a bachelor's degree in business from Wake Forest University.


Tenure Analysis

Category Low

0.03

Category High

32.84

Category Average

7.34

Category Mode

8.17