Pzena International Value Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.0%
1 yr return
13.9%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$57 M
Holdings in Top 10
28.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.84%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 4.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PZVNX - Profile
Distributions
- YTD Total Return 2.0%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.50%
- Dividend Yield 1.7%
- Dividend Distribution Frequency None
Fund Details
-
Legal NamePzena International Value Fund
-
Fund Family NamePzena
-
Inception DateJun 28, 2021
-
Shares Outstanding100389
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAllison Fisch
Fund Description
PZVNX - Performance
Return Ranking - Trailing
Period | PZVNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.0% | -2.6% | 9.3% | 84.40% |
1 Yr | 13.9% | -1.3% | 27.7% | 78.59% |
3 Yr | N/A* | -4.1% | 76.5% | N/A |
5 Yr | N/A* | 0.5% | 45.8% | N/A |
10 Yr | N/A* | -0.5% | 21.8% | N/A |
* Annualized
Return Ranking - Calendar
Period | PZVNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.8% | 1.0% | 26.9% | 22.70% |
2022 | -10.3% | -27.8% | 166.1% | 28.44% |
2021 | N/A | -66.6% | 64.4% | N/A |
2020 | N/A | -23.1% | 17.3% | N/A |
2019 | N/A | 4.4% | 31.6% | N/A |
Total Return Ranking - Trailing
Period | PZVNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.0% | -2.6% | 9.3% | 84.40% |
1 Yr | 13.9% | -1.3% | 27.7% | 78.59% |
3 Yr | N/A* | -4.1% | 76.5% | N/A |
5 Yr | N/A* | 0.5% | 45.8% | N/A |
10 Yr | N/A* | -0.5% | 21.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PZVNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.9% | 5.4% | 31.0% | 50.61% |
2022 | -8.7% | -19.9% | 344.3% | 39.38% |
2021 | N/A | -0.2% | 75.3% | N/A |
2020 | N/A | -20.4% | 18.9% | N/A |
2019 | N/A | 11.2% | 32.1% | N/A |
NAV & Total Return History
PZVNX - Holdings
Concentration Analysis
PZVNX | Category Low | Category High | PZVNX % Rank | |
---|---|---|---|---|
Net Assets | 57 M | 2.02 M | 44.7 B | 93.94% |
Number of Holdings | 72 | 2 | 3900 | 61.52% |
Net Assets in Top 10 | 19.7 M | 374 K | 14 B | 90.00% |
Weighting of Top 10 | 28.83% | 0.2% | 100.0% | 35.56% |
Top 10 Holdings
- Fidelity Government Portfolio 3.38%
- Rexel SA 3.12%
- Randstad NV 3.03%
- Cie Generale des Etablissements Michelin SCA 2.98%
- Sanofi SA 2.82%
- Daimler Truck Holding AG 2.76%
- Shell PLC 2.76%
- BASF SE 2.76%
- Amundi SA 2.71%
- J Sainsbury PLC 2.52%
Asset Allocation
Weighting | Return Low | Return High | PZVNX % Rank | |
---|---|---|---|---|
Stocks | 95.75% | 0.99% | 104.06% | 67.27% |
Cash | 3.38% | 0.00% | 99.01% | 27.27% |
Preferred Stocks | 0.86% | 0.00% | 4.99% | 27.27% |
Other | 0.00% | -1.99% | 38.17% | 47.27% |
Convertible Bonds | 0.00% | 0.00% | 0.15% | 31.52% |
Bonds | 0.00% | 0.00% | 73.30% | 35.76% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PZVNX % Rank | |
---|---|---|---|---|
Financial Services | 22.74% | 0.00% | 42.76% | 33.03% |
Consumer Cyclical | 17.21% | 0.00% | 27.46% | 11.01% |
Industrials | 11.66% | 1.03% | 36.79% | 71.56% |
Technology | 10.69% | 0.00% | 24.16% | 22.02% |
Consumer Defense | 9.19% | 0.00% | 31.84% | 38.23% |
Basic Materials | 8.55% | 0.00% | 30.76% | 48.01% |
Healthcare | 7.98% | 0.00% | 23.28% | 70.95% |
Energy | 6.68% | 0.00% | 26.59% | 52.60% |
Communication Services | 3.30% | 0.00% | 22.75% | 85.63% |
Utilities | 2.01% | 0.00% | 27.46% | 75.23% |
Real Estate | 0.00% | 0.00% | 17.06% | 86.24% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PZVNX % Rank | |
---|---|---|---|---|
Non US | 90.05% | 0.00% | 100.56% | 59.70% |
US | 5.70% | 0.00% | 100.00% | 38.79% |
PZVNX - Expenses
Operational Fees
PZVNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.84% | 0.01% | 12.90% | 12.73% |
Management Fee | 0.65% | 0.00% | 1.25% | 36.47% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 41.98% |
Administrative Fee | N/A | 0.03% | 0.47% | N/A |
Sales Fees
PZVNX 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
PZVNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 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.
PZVNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 4.00% | 2.00% | 158.16% | 1.04% |
PZVNX - Distributions
Dividend Yield Analysis
PZVNX | Category Low | Category High | PZVNX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.71% | 0.00% | 13.54% | 87.54% |
Dividend Distribution Analysis
PZVNX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Quarterly | SemiAnnual |
Net Income Ratio Analysis
PZVNX | Category Low | Category High | PZVNX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.50% | 0.18% | 7.85% | 99.38% |
Capital Gain Distribution Analysis
PZVNX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 19, 2023 | $0.175 | OrdinaryDividend |
Dec 14, 2022 | $0.160 | OrdinaryDividend |
Dec 14, 2021 | $0.037 | OrdinaryDividend |
PZVNX - Fund Manager Analysis
Managers
Allison Fisch
Start Date
Tenure
Tenure Rank
Jun 28, 2021
0.92
0.9%
Allison Fisch, Principal and Portfolio Manager. Ms. Fisch is a co-portfolio manager for the International and Emerging Markets strategies, along with the Global Best Ideas service. Ms. Fisch became a member of the firm in 2001 and helped to launch the Emerging Markets strategies in 2008, on which she has been a co-portfolio manager since inception. She joined the International portfolio management team in 2016 and has co-managed the International Small Cap Value strategy since its inception in 2017. Since 2017, she has overseen the Global Best Idea service. Prior to joining Pzena Investment Management, Ms. Fisch was a business analyst at McKinsey & Company. She earned a B.A. summa cum laude in Psychology and a minor in Drama from Dartmouth College.
Caroline Cai
Start Date
Tenure
Tenure Rank
Jun 28, 2021
0.92
0.9%
Caroline Cai, CFA, Managing Principal, Portfolio Manager, and member of the firm’s Executive Committee. Ms. Cai is a co-portfolio manager for the Global, International, European and Emerging Markets strategies, and the Financial Opportunities service. Ms. Cai became a member of the firm in 2004. Prior to joining Pzena Investment Management, Ms. Cai was a senior analyst at AllianceBernstein LLP, and a business analyst at McKinsey & Company. She earned a B.A. summa cum laude in Math and Economics from Bryn Mawr College. Ms. Cai holds the Chartered Financial Analyst® designation.
John Goetz
Start Date
Tenure
Tenure Rank
Jun 28, 2021
0.92
0.9%
John P. Goetz, Managing Principal, Co-Chief Investment Officer, Portfolio Manager, and member of the firm’s Executive Committee. Mr. Goetz is a co-portfolio manager for the Global, International, European, Emerging Markets and Japan Focused Value strategies. He also previously served as the Director of Research and was responsible for building and training the research team. Mr. Goetz became a member of the firm in 1996.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.2 | 29.68 | 7.66 | 0.54 |