Brent Fredberg is a Director, Investments Group, a Senior Analyst and leader of the Technology Research Team. Mr. Fredberg sits on the Consumer Products Research Team, with a primary focus on household durables companies. He is a member of the Global Large-Cap Investment Committee and is a limited partner of the firm’s parent company.
Before joining Brandes, Mr. Fredberg was a Financial Analyst and Controller with Raytheon/Amana Appliances. He earned his MBA with distinction from Northwestern University’s Kellogg Graduate School of Management and his BS in finance with distinction from the University of Iowa. Mr. Fredberg is a CMA (inactive). His experience began in 1994 and he joined Brandes Investment Partners in 1999.
Ken Little oversees the firm’s research efforts and product investment committees. He is a member of the All-Cap Investment Committee and the Global Large-Cap Investment Committee, in addition to his role as leader of the Basic Materials and Utilities Research Teams. Mr. Little is a member of the firm’s Senior Management Team and ESG Oversight Committee. He is a limited partner of the firm’s parent company.
Before joining Brandes, Mr. Little was a Senior Accountant with KPMG. He holds a BS in accounting from the University of La Verne and an MBA from the Fuqua School of Business at Duke University. Mr. Little is a Certified Public Accountant (inactive). His investment experience began in 1996 when he joined Brandes Investment Partners.
Ted Kim is a Director, Investments Group, an Analyst and Team Leader on the Industrials Research Team, as well as a member of the Global Large-Cap Investment Committee. He is a limited partner of the firm’s parent company. Before joining Brandes, Mr. Kim was a Product and Manufacturing Engineer with Ford Motor Company. He holds an MBA from the Kellogg Graduate School of Management at Northwestern University, an MS in system design and management from the Massachusetts Institute of Technology and a BS in mechanical engineering from the Massachusetts Institute of Technology. Mr. Kim’s relevant experience began in 2000, when he joined Brandes Investment Partners.
Brian Matthews is a Director, Investments Group and a Senior Analyst on the Telecommunications Research Team. He is a member of the Global Large-Cap Investment Committee and a limited partner of the firm’s parent company. Mr. Matthews was previously a member of the Small-Cap Investment Committee. Before joining the firm, he worked as an Investment Banking Analyst with Merrill Lynch.
Mr. Matthews earned his BS with concentrations in finance and management (summa cum laude) from the Wharton School of the University of Pennsylvania. His relevant experience began in 2000 and he joined Brandes Investment Partners in 2002.
| Expenses | Class I |
|---|---|
| Total Annual Fund Operating Expenses †
Expenses that you pay each year as a percentage of the value of your investment.
|
4.13% |
| Less: Fee Waiver and/or Expense Reimbursement | -3.42% |
| Net Expense Ratio | 0.71% |
Data displayed as of Jun 30, 2023
| Characteristic | Brandes U.S. Value Fund | Russell 1000 Value Index |
|---|---|---|
|
Price/Book (x)
Price per share divided by book value per share.
|
1.7 | 2.4 |
|
Price/Earnings (x)
Price per share divided by earnings per share.
|
13.0 | 16.2 |
|
Price/Cash Flow (x)
Price per share divided by cash flow per share.
|
9.0 | 10.7 |
|
Dividend Yield %
Calculated by annualizing the last quarterly dividend paid and dividing it by the current share price. The dividend yield is that of the securities held in the portfolio; it is not reflective of the yield distributed to shareholders.
|
2.6 | 2.3 |
|
SEC 30 Day Yield (subsidized) %
As of 8/31/2023 | SEC 30-Day Yield This calculation is based on a 30-day period ending on the last day of the month shown. It is computed by dividing the net investment income per share earned during the period by the maximum offering price per share on the last day of the period. The yield figure reflects the dividends and interest earned during the period, after the deduction of the fund’s expenses. A subsidized yield takes into consideration the expenses paid by the advisor.
|
1.52 | -- |
|
SEC 30 Day Yield (unsubsidized) %
As of 8/31/2023 | SEC 30-Day Yield This calculation is based on a 30-day period ending on the last day of the month shown. It is computed by dividing the net investment income per share earned during the period by the maximum offering price per share on the last day of the period. The yield figure reflects the dividends and interest earned during the period, after the deduction of the fund’s expenses. A subsidized yield takes into consideration the expenses paid by the advisor.
|
-1.22 | -- |
|
Active Share %
A measure of the percentage of stock holdings in a manager’s portfolio that differs from the benchmark index.
|
-- | -- |
| Number of Holdings | 50 | -- |
|
Weighted Average Mkt. Cap ($bil)
The average market capitalization of a fund's equity portfolio gives investors a measure of the size of the companies in which the fund invests. Market capitalization is calculated by multiplying the number of a company's shares outstanding by its price per share.
|
139.5 | 128.0 |
|
Portfolio Turnover (TTM) %
(Trailing Twelve Months)
|
11.5 | -- |
| Company | % | Country | Industry |
|---|---|---|---|
| Chevron Corp | 3.6 | United States | Oil, Gas & Consumable Fuels |
| Comcast Corp | 3.1 | United States | Media |
| Amdocs Ltd | 3.0 | United States | IT Services |
| McKesson Corp | 3.0 | United States | Health Care Providers & Services |
| Merck & Co Inc | 2.9 | United States | Pharmaceuticals |
| Fiserv Inc | 2.8 | United States | Financial Services |
| FedEx Corp | 2.8 | United States | Air Freight & Logistics |
| Wells Fargo & Co | 2.7 | United States | Banks |
| Halliburton Co | 2.6 | United States | Energy Equipment & Services |
| Bank of America Corp | 2.6 | United States | Banks |
| % of Fund | 29.1 | ||
| Portfolio holdings are subject to change at any time at the discretion of the investment manager. | |||
| Type |
Record Date
Date on which a shareholder must officially own shares in order to be entitled to a dividend. After the date of record, the stock is said to be ex-dividend.
|
Ex-Date
Date on which a fund begins trading without the benefit of the dividend. Typically, a fund's price moves up by the dollar amount of the dividend as the ex-dividend date approaches, then falls by the amount of the dividend after that date.
|
Payable Date
Date on which a declared fund dividend or a bond interest payment is scheduled to be paid.
|
Amount |
|---|---|---|---|---|
|
Income Dividend
Payout to shareholders of interest, dividends, or other income received by the Fund, net of operating expenses. By law, all such income must be distributed to shareholders, who may choose to take the money in cash or reinvest it in more shares of the Fund.
|
Jun 29, 2023 | Jun 30, 2023 | Jun 30, 2023 | $0.045654 |
|
Short-Term Capital Gain
Profit or loss from the sale of a capital asset that was held for one year or less.
|
Dec 8, 2022 | Dec 9, 2022 | Dec 9, 2022 | $0.061128 |
|
Long-Term Capital Gain
Gain on the sale of a security where the holding period was more than 12 months and the profit was subject to the long-term capital gains tax.
|
Dec 8, 2022 | Dec 9, 2022 | Dec 9, 2022 | $0.000028 |
| Fees/Expenses | Class I |
|---|---|
| Net Expense Ratio | 0.71% |
| Annual Management | 0.55% |
| Other Expenses | 3.57% |
| Acquired Fund Fees and Expenses | 0.01% |
| Service 12b-1 | None |
| Shareholder Servicing | None |
| Expenses that you pay each year as a percentage of the value of your investment. | |