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Trending ETFs

Name

As of 12/16/2021

Price

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

$9.93

$40.8 M

0.66%

$0.07

1.05%

Vitals

YTD Return

-13.4%

1 yr return

17.4%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$40.8 M

Holdings in Top 10

29.8%

52 WEEK LOW AND HIGH

$9.9
$9.93
$13.58

Expenses

OPERATING FEES

Expense Ratio 1.05%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 67.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$100,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/16/2021

Price

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

$9.93

$40.8 M

0.66%

$0.07

1.05%

BPCIX - Profile

Distributions

  • YTD Total Return -13.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.18%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Boston Partners Global Equity Advantage Fund
  • Fund Family Name
    Boston Partners
  • Inception Date
    May 29, 2019
  • Shares Outstanding
    3240211
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Christopher Hart

Fund Description

The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (including borrowings for investment purposes) in a non-diversified portfolio of equity and equity-related securities issued by U.S. and non-U.S. companies of any capitalization size. The Fund may invest in all types of equity and equity- related securities, including exchange-traded and over-the-counter common and preferred stocks, warrants, options, rights, convertible securities, sponsored and unsponsored depositary receipts and shares, trust certificates, participatory notes, limited partnership interests, shares of other investment companies (including exchanged-traded funds (“ETFs”)), real estate investment trusts (“REITs”) and equity participation. An equity participation is a type of loan that gives the lender a portion of equity ownership in a property, in addition to principal and interest payments. A convertible security is a bond, debenture, note, preferred stock or other security that may be converted into or exchanged for a prescribed amount of common stock of the same or a different issuer within a particular period of time at a specified price or formula.

The Fund defines non-U.S. companies as companies (i) that are organized under the laws of a foreign country; (ii) whose principal trading market is in a foreign country; or (iii) that have a majority of their assets, or that derive a significant portion of their revenue or profits from businesses, investments or sales, outside of the United States. Under normal market conditions, the Fund invests significantly (ordinarily at least 40% - unless market conditions are not deemed favorable by the Fund, in which case the Fund would invest at least 30%) in non-U.S. companies. The Fund principally will be invested in issuers located in countries with developed securities markets, but may also invest in issuers located in emerging markets. The Fund will allocate its assets among various regions and countries, including the United States (but in no less than three different countries).

The Fund generally invests in the equity securities of issuers believed by a Co-Adviser to be undervalued in the marketplace, focusing on issuers that combine attractive valuations with catalysts for change. The Fund applies a bottom-up stock selection process (i.e., one that focuses primarily on issuer-specific factors) in managing the Fund, using a combination of fundamental and quantitative analysis. In selecting investments for the Fund, the Fund considers various factors such as price-to-book value, price-to-sales and earnings ratios, dividend yields, strength of management, and cash flow to identify securities that are trading at a price that appears to be lower than the issuer’s inherent value. The Fund may (but is not required to) invest in derivatives, including put and call options, futures, forward contracts and swaps, in lieu of investing directly in a security, currency or instrument, for hedging and non-hedging purposes.

The Fund may participate as a purchaser in initial public offerings of securities (“IPO”). An IPO is a company’s first offering of stock to the public. The Fund may also seek to increase its income by lending portfolio securities. The Fund may invest up to 15% of its net assets in illiquid securities, including securities that are illiquid by virtue of the absence of a readily available market or legal or contractual restrictions on resale.

The Fund also seeks to diversify its overall portfolio by investing, under normal circumstances, up to 20% of its assets in the Campbell Advantage strategy, a systematic trend following program, which is diversified across global futures and forwards markets (types of derivative instruments). The Campbell Advantage strategy is designed to analyze market data to identify trends occurring within and across markets and asset classes globally. By trading four major asset classes (equity index futures, fixed income futures, commodities and foreign exchange), the portfolio composition is diverse and expected to maintain low correlation with equities over time. Additionally, portfolio risk is dynamically managed through a framework intended to maximize the Campbell Advantage strategy’s ability to complement the global long equity exposure in an attempt to limit the Fund’s downside risk during extended periods of high equity market volatility.

The Fund’s investments may include investments in registered and unregistered funds managed by Campbell or an affiliate to obtain exposure to the Campbell Advantage strategy. The Fund will invest in such affiliated funds only in accordance with the applicable restrictions of the 1940 Act, including Section 12(d)(1).

The Fund is “non-diversified” for purposes of the Investment Company Act of 1940, as amended, (the “1940 Act”) which means that the Fund may invest in fewer securities at any one time than a diversified fund. The Fund may invest up to 15% of its net assets in illiquid securities, including securities that are illiquid by virtue of the absence of a readily available market or legal or contractual restrictions on resale.

The Fund’s Co-Advisers are Boston Partners and Campbell. Boston Partners is primarily responsible for managing the equity portion of the Fund’s portfolio, including equity securities and related derivative contracts. Campbell is primarily responsible for managing the Fund’s exposure to the Campbell Advantage strategy. Campbell is also primarily responsible for determining the allocation of the Fund’s portfolio between equity and other investments. Each Co-Adviser may also from time to time consult and work collaboratively with, or be informed by the decisions of or information from, one or both of the other Co-Advisers in connection with making certain investment decisions in regards to the Fund’s investment strategies and portfolio, in addition to various compliance, operational and administrative matters. While the Co-Advisers may work collaboratively in connection with the management of the Fund’s portfolio as described above, under certain circumstances, such as, for example, when certain personnel at another Co-Adviser are not available, a Co-Adviser may make decisions or otherwise act independently from the other Co-Advisers.

The Fund reserves the right to hold up to 100% of its assets, as a temporary defensive measure, in cash and eligible U.S. dollar-denominated money market instruments and make investments inconsistent with its investment objective. The Co-Advisers will determine when market conditions warrant temporary defensive measures.

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BPCIX - Performance

Return Ranking - Trailing

Period BPCIX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.4% -35.6% 29.2% 6.82%
1 Yr 17.4% 17.3% 252.4% 64.89%
3 Yr N/A* -3.5% 34.6% N/A
5 Yr N/A* 0.1% 32.7% N/A
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Return Ranking - Calendar

Period BPCIX Return Category Return Low Category Return High Rank in Category (%)
2023 6.5% -24.3% 957.1% 70.09%
2022 N/A -38.3% 47.1% N/A
2021 N/A -54.2% 0.6% N/A
2020 N/A -76.0% 54.1% N/A
2019 N/A -26.1% 47.8% N/A

Total Return Ranking - Trailing

Period BPCIX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.4% -35.6% 29.2% 6.94%
1 Yr 17.4% 11.4% 252.4% 61.02%
3 Yr N/A* -3.5% 34.6% N/A
5 Yr N/A* 0.1% 32.7% N/A
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Total Return Ranking - Calendar

Period BPCIX Return Category Return Low Category Return High Rank in Category (%)
2023 6.5% -24.3% 957.1% 70.09%
2022 N/A -33.1% 47.1% N/A
2021 N/A -44.4% 1.8% N/A
2020 N/A -6.5% 54.1% N/A
2019 N/A -14.4% 47.8% N/A

NAV & Total Return History


BPCIX - Holdings

Concentration Analysis

BPCIX Category Low Category High BPCIX % Rank
Net Assets 40.8 M 199 K 133 B 81.91%
Number of Holdings 119 1 9075 29.96%
Net Assets in Top 10 12.5 M -18 M 37.6 B 80.51%
Weighting of Top 10 29.79% 9.1% 100.0% 45.42%

Top 10 Holdings

  1. 3 Year Australian Treasury Bond Future June 20 47.18%
  2. 3 Year Australian Treasury Bond Future June 20 47.18%
  3. 3 Year Australian Treasury Bond Future June 20 47.18%
  4. 3 Year Australian Treasury Bond Future June 20 47.18%
  5. 3 Year Australian Treasury Bond Future June 20 47.18%
  6. 3 Year Australian Treasury Bond Future June 20 47.18%
  7. 3 Year Australian Treasury Bond Future June 20 47.18%
  8. 3 Year Australian Treasury Bond Future June 20 47.18%
  9. 3 Year Australian Treasury Bond Future June 20 47.18%
  10. 3 Year Australian Treasury Bond Future June 20 47.18%

Asset Allocation

Weighting Return Low Return High BPCIX % Rank
Stocks
81.25% 61.84% 125.47% 99.01%
Other
18.19% -13.98% 19.14% 0.11%
Cash
0.56% -174.70% 23.12% 81.39%
Preferred Stocks
0.00% -0.01% 5.28% 76.54%
Convertible Bonds
0.00% 0.00% 4.46% 74.34%
Bonds
0.00% -1.50% 161.67% 75.00%

Stock Sector Breakdown

Weighting Return Low Return High BPCIX % Rank
Industrials
20.39% 0.00% 44.06% 2.64%
Financial Services
18.21% 0.00% 38.42% 36.34%
Technology
13.88% 0.00% 49.87% 73.68%
Consumer Cyclical
12.59% 0.00% 40.94% 24.34%
Healthcare
10.08% 0.00% 35.42% 84.47%
Basic Materials
8.85% 0.00% 38.60% 1.54%
Energy
7.56% 0.00% 21.15% 5.07%
Communication Services
5.20% 0.00% 57.66% 95.81%
Consumer Defense
2.64% 0.00% 73.28% 92.73%
Real Estate
0.61% 0.00% 39.48% 95.04%
Utilities
0.00% 0.00% 29.12% 62.11%

Stock Geographic Breakdown

Weighting Return Low Return High BPCIX % Rank
Non US
43.27% 0.58% 99.46% 45.26%
US
37.98% 0.13% 103.82% 92.29%

BPCIX - Expenses

Operational Fees

BPCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.05% 0.01% 44.27% 26.80%
Management Fee 1.00% 0.00% 1.82% 97.16%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.76% N/A

Sales Fees

BPCIX 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

BPCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

BPCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 67.00% 0.00% 395.00% 93.69%

BPCIX - Distributions

Dividend Yield Analysis

BPCIX Category Low Category High BPCIX % Rank
Dividend Yield 0.66% 0.00% 3.26% 73.74%

Dividend Distribution Analysis

BPCIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

BPCIX Category Low Category High BPCIX % Rank
Net Income Ratio 1.18% -4.27% 12.65% 9.55%

Capital Gain Distribution Analysis

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

Distributions History

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BPCIX - Fund Manager Analysis

Managers

Christopher Hart


Start Date

Tenure

Tenure Rank

May 29, 2019

2.51

2.5%

Mr. Hart is a portfolio manager for Boston Partners Global Equity and International Equity products. Prior to this, he was the portfolio manager for the Boston Partners International Small Cap Value product and before that, an assistant portfolio manager for the Boston Partners Small Cap Value products for three years. Previously, he was a research analyst and specialized in conglomerates, engineering and construction, building, machinery, aerospace & defense, and REITs sectors of the equity market. He joined the firm from Fidelity Investments where he was a research analyst. Mr. Hart holds a B.S. degree in finance, with a concentration in corporate finance from Clemson University. He holds the Chartered Financial Analyst® designation. He has twenty-nine years of investment experience.

Joshua Jones


Start Date

Tenure

Tenure Rank

May 29, 2019

2.51

2.5%

Mr. Jones is a portfolio manager on Boston Partners Global Equity and International Equity products. Prior to this role, he was a research analyst specializing in the energy, metals and mining sectors of the equity market and was a global generalist. He joined the firm from Cambridge Associates where he was a consulting associate specializing in hedge fund clients. Mr. Jones holds a B.A. degree in economics from Bowdoin College. He holds the Chartered Financial Analyst® designation. He has sixteen years of investment experience.

Kevin Cole


Start Date

Tenure

Tenure Rank

May 29, 2019

2.51

2.5%

Dr. Kevin Cole, joined Campbell in October 2003 and has served as Chief Research Officer, since June 2017. Dr. Cole was appointed to Campbell’s Board of Directors in January 2019. In February 2017, Dr. Cole was appointed to serve Campbell and its affiliates as an executive officer. Since joining the firm, Dr. Cole has had a significant role in the ongoing research and development of Campbell’s trading systems and models. Dr. Cole was appointed as Co-Chair of Campbell’s Investment Committee in September 2017. As Chief Research Officer, Dr. Cole is responsible for the management of the research and investment process at the firm.

Joseph Feeney


Start Date

Tenure

Tenure Rank

May 29, 2019

2.51

2.5%

Mr. Feeney is Chief Executive Officer and Chief Investment Officer for Boston Partners. He is responsible for the firm’s strategic, financial and operating decisions, and all aspects of investment management including the firm’s fundamental and quantitative research groups. He was one of the original partners of Boston Partners Asset Management in 1995. Prior to assuming these roles, he was Director of Research. Mr. Feeney joined Boston Partners upon its inception in 1995 from Putnam Investments where he managed mortgage-backed securities portfolios. He began his career at the Bank of Boston where he was a loan officer specializing on highly leveraged loan portfolios. Mr. Feeney holds a B.S. degree in finance from the University of New Hampshire and an M.B.A. with High Honors from the University of Chicago. He holds the Chartered Financial Analyst® designation and is past President of the Fixed Income Management Society of Boston. He has thirty-five years of investment experience.

G. William Andrews


Start Date

Tenure

Tenure Rank

May 29, 2019

2.51

2.5%

G. William Andrews, Chief Executive Officer, joined Campbell in April 1997, and in November 2012 he was appointed to the Board of Directors and as Chief Executive Officer. He formerly held the positions of Co-Director of Research from November 2011 to October 2012, Chief Operating Officer from January 2010 to May 2012, Vice President & Director of Operations from April 2007 to January 2010, Vice President & Director of Research Operations from March 2006 to April 2007, and Research Assistant from April 1997 to February 2006. In March 2010, Mr. Andrews was appointed a Co-Chair of Campbell's Investment Committee. Mr. Andrews holds an M.B.A. in Finance from Loyola College in Maryland and a Bachelor of Social Science from Waikato University, New Zealand. Mr. Andrews became listed as a Principal of Campbell & Company effective June 21, 2006. Mr. Andrews became listed as Principal of Campbell & Company Investment Adviser LLC effective March 29, 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25