U.S. Flag United States
Private Client Group
Ă—

Global Equity

Global Fund

The Strategy typically invests in large-cap U.S. and foreign stocks.

Investment Style
Global Equity
Fund Inception
December 22, 1969
Total Assets (all classes) (as of 5/31/2017)
$9.77 billion
Fund Index
MSCI AC World
NAV (as of 6/22/17)
  • A
$90.61

Equity

Fixed Income

Municipal Bond
performance
analytics
holdings
as of 5/31/2017
  • B
as of 3/31/2017
  • B

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
  • B
Cumulative
Annualized
ytd as of 6/22/17
  • C
1 yr 3 yr 5 yr 10 yr since inception
Global Fund (NAV)
21.26% 18.27% 5.22% 9.54% 5.02% 11.27%
Cumulative
Annualized
ytd as of 6/22/17
  • C
1 yr 3 yr 5 yr 10 yr since inception
Global Fund (with sales charge)
21.26% 11.47% 3.17% 8.25% 4.40% 11.13%
Cumulative
Annualized
ytd as of 6/22/17
  • C
1 yr 3 yr 5 yr 10 yr since inception
Global Fund (NAV)
21.26% 23.97% 6.79% 13.95% 4.93% 11.39%
Cumulative
Annualized
ytd as of 6/22/17
  • C
1 yr 3 yr 5 yr 10 yr since inception
Global Fund (with sales charge)
21.26% 16.83% 4.70% 12.61% 4.31% 11.25%
Gross Expense Ratio: 1.15% | Net Expense Ratio: 1.15%

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price, reinvested distributions, and a 5.75% maximum sales charge where indicated. Returns do not consider capital gains or income taxes on an individual's investment.


Year Global Fund MSCI AC World
1969 0.00% -
1970 9.31% -
1971 33.77% -
1972 12.48% -
1973 -22.00% -
1974 -32.62% -
1975 29.27% -
1976 19.69% -
1977 -0.15% -
1978 13.36% -
1979 50.55% -
1980 61.99% -
1981 -11.13% -
1982 14.12% -
1983 26.12% -
1984 -21.77% -
1985 49.11% -
1986 46.54% -
1987 -3.46% -
1988 22.99% -
1989 35.05% -
1990 -0.68% -
1991 27.36% -
1992 -14.20% -
1993 42.63% -
1994 -3.11% -
1995 16.58% -
1996 17.52% -
1997 21.82% -
1998 12.71% -
1999 58.48% -
2000 4.06% -
2001 -11.80% -16.21%
2002 -22.45% -19.32%
2003 43.08% 33.99%
2004 18.67% 15.23%
2005 13.83% 10.84%
2006 17.38% 20.95%
2007 5.97% 11.66%
2008 -41.03% -42.19%
2009 39.20% 34.63%
2010 15.68% 12.67%
2011 -8.69% -7.35%
2012 20.75% 16.13%
2013 26.77% 22.80%
2014 2.06% 4.16%
2015 3.89% -2.36%
2016 0.16% 7.86%

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price, reinvested distributions, and a 5.75% maximum sales charge where indicated. Returns do not consider capital gains or income taxes on an individual's investment.


Date Global Fund MSCI AC World Index S&P 500
5/31/2007 0.00 0.00 0.00
6/30/2007 -0.64 -0.29 -1.66
7/31/2007 -3.09 -1.82 -4.71
8/31/2007 -3.28 -2.09 -3.28
9/30/2007 1.88 3.17 0.34
10/31/2007 3.54 7.19 1.93
11/30/2007 -1.87 2.45 -2.33
12/31/2007 -2.87 1.32 -3.01
1/31/2008 -11.04 -6.98 -8.83
2/29/2008 -12.55 -6.72 -11.79
3/31/2008 -12.90 -8.09 -12.17
4/30/2008 -8.13 -2.96 -7.89
5/31/2008 -6.94 -1.44 -6.70
6/30/2008 -16.30 -9.53 -14.56
7/31/2008 -17.16 -11.88 -15.28
8/31/2008 -17.02 -13.78 -14.06
9/30/2008 -26.54 -24.56 -21.71
10/31/2008 -41.60 -39.51 -34.86
11/30/2008 -46.27 -43.48 -39.54
12/31/2008 -42.72 -41.43 -38.89
1/31/2009 -47.60 -46.44 -44.04
2/28/2009 -51.95 -51.68 -50.00
3/31/2009 -47.78 -47.70 -45.62
4/30/2009 -41.96 -41.53 -40.42
5/31/2009 -35.54 -35.70 -37.08
6/30/2009 -35.84 -36.06 -36.96
7/31/2009 -29.49 -30.43 -32.19
8/31/2009 -27.53 -27.95 -29.74
9/30/2009 -23.91 -24.64 -27.12
10/31/2009 -25.27 -25.80 -28.48
11/30/2009 -21.76 -22.75 -24.19
12/31/2009 -20.27 -21.15 -22.72
1/31/2010 -22.64 -24.56 -25.50
2/28/2010 -21.42 -23.60 -23.19
3/31/2010 -15.57 -18.68 -18.56
4/30/2010 -15.95 -18.55 -17.27
5/31/2010 -24.22 -26.27 -23.88
6/30/2010 -26.57 -28.54 -27.86
7/31/2010 -19.71 -22.73 -22.81
8/31/2010 -23.38 -25.43 -26.29
9/30/2010 -15.30 -18.29 -19.72
10/31/2010 -11.84 -15.34 -16.66
11/30/2010 -13.74 -17.22 -16.65
12/31/2010 -7.76 -11.16 -11.08
1/31/2011 -5.35 -9.77 -8.97
2/28/2011 -1.91 -7.14 -5.85
3/31/2011 -2.51 -7.23 -5.82
4/30/2011 3.01 -3.44 -3.03
5/31/2011 0.79 -5.51 -4.13
6/30/2011 -0.92 -7.00 -5.72
7/31/2011 -4.60 -8.52 -7.64
8/31/2011 -12.35 -15.20 -12.66
9/30/2011 -20.89 -23.21 -18.80
10/31/2011 -11.62 -14.98 -9.92
11/30/2011 -14.20 -17.52 -10.12
12/31/2011 -15.78 -17.69 -9.20
1/31/2012 -11.53 -12.90 -5.13
2/29/2012 -6.85 -8.52 -1.03
3/31/2012 -4.13 -7.91 2.23
4/30/2012 -6.84 -8.97 1.58
5/31/2012 -15.82 -17.13 -4.52
6/30/2012 -11.98 -13.04 -0.59
7/31/2012 -11.42 -11.85 0.79
8/31/2012 -8.05 -9.93 3.06
9/30/2012 -5.22 -7.09 5.73
10/31/2012 -4.33 -7.71 3.77
11/30/2012 -1.43 -6.53 4.38
12/31/2012 1.69 -4.41 5.33
1/31/2013 8.14 -0.01 10.78
2/28/2013 7.26 -0.03 12.29
3/31/2013 8.89 1.80 16.50
4/30/2013 12.57 4.71 18.74
5/31/2013 12.22 4.42 21.52
6/30/2013 9.57 1.37 19.89
7/31/2013 15.60 6.22 25.99
8/31/2013 12.00 4.01 22.34
9/30/2013 19.92 9.38 26.18
10/31/2013 23.23 13.78 31.98
11/30/2013 26.11 15.39 36.00
12/31/2013 28.91 17.38 39.44
1/31/2014 24.15 12.69 34.62
2/28/2014 31.17 18.13 40.78
3/31/2014 29.77 18.65 41.96
4/30/2014 29.11 19.78 43.01
5/31/2014 32.81 22.33 46.37
6/30/2014 34.71 24.63 49.39
7/31/2014 30.99 23.12 47.33
8/31/2014 34.23 25.84 53.23
9/30/2014 31.91 21.76 51.08
10/31/2014 32.12 22.62 54.77
11/30/2014 35.31 24.67 58.93
12/31/2014 31.57 22.26 58.53
1/31/2015 30.95 20.35 53.77
2/28/2015 40.70 27.05 62.61
3/31/2015 41.22 25.08 60.04
4/30/2015 42.31 28.71 61.57
5/31/2015 45.61 28.55 63.65
6/30/2015 44.92 25.52 60.48
7/31/2015 47.60 26.61 63.84
8/31/2015 36.37 17.93 53.96
9/30/2015 29.45 13.66 50.15
10/31/2015 39.85 22.58 62.81
11/30/2015 38.67 21.57 63.30
12/31/2015 36.69 19.37 60.72
1/31/2016 23.76 12.17 52.75
2/29/2016 20.43 11.40 52.54
3/31/2016 27.81 19.66 62.89
4/30/2016 30.02 21.43 63.52
5/31/2016 30.47 21.58 66.46
6/30/2016 25.56 20.84 66.89
7/31/2016 33.35 26.05 73.04
8/31/2016 35.40 26.47 73.29
9/30/2016 36.71 27.25 73.32
10/31/2016 34.80 25.09 70.16
11/30/2016 36.19 26.04 76.46
12/31/2016 36.91 28.76 79.95
1/31/2017 42.30 32.28 83.36
2/28/2017 47.87 35.99 90.64
3/31/2017 51.17 37.66 90.86
4/30/2017 57.43 39.80 92.82
5/31/2017 61.74 42.89 95.54

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price, reinvested distributions, and a 5.75% maximum sales charge where indicated. Returns do not consider capital gains or income taxes on an individual's investment.

$ per share as of 6/23/2017

Date 2012 2013 2014 2015 2016
Short Term 0.0507
Long Term 0.1048 2.2865 3.8205 3.3125
Total Amount of Distribution 0.1048 2.2865 3.8205 3.3632
Record Date 12/7/12 12/6/13 12/5/14 12/4/15
Ex Div Date 12/10/12 12/9/13 12/8/14 12/7/15
Pay Date 12/11/12 12/10/13 12/8/14 12/7/15

There is no guarantee of the payment of any dividend or other distributions at any level.

Analytics

(As of 5/31/2017)

Morningstar 5/31/2017 (based on risk adjusted performance)
Overall Rating
Number of Funds
712
Category
World Large Stock
Analyst Rating (as of 6/14/17)
Silver
Performance Statistics
3Y
5Y
Alpha
1.07
1.21
Information Ratio
0.28
0.53
Upside Capture
116.80
114.68
Downside Capture
111.82
107.83
Sharpe Ratio
0.55
1.14
R-Squared
84.85
86.18
Standard Deviation
12.99
12.06
Sortino Ratio
0.24
0.56
Beta
1.11
1.11
Tracking Error
5.18
4.60
Dividends
  • D
Est. Frequency
Annual
Last Pay Date
12/5/2016
Per Share ($)
$0.52
Net Income
100.00%
Net Profit from Sale
0.00%
Other Capital Sources
0.00%
12-Month Distribution ($)
$0.52
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$105.30 B
$113.70 B
Median Market Cap (weighted)
$55.30 B
$49.00 B
Trailing P/E
22.74
20.19
Forward P/E
18.38
16.11
Price/Book
2.45
2.28
Return on Equity
14.27%
14.48%
EPS Growth Rate 3Y
11.58%
4.64%
EPS Growth Rate 5Y
8.53%
6.28%
Sales Growth Rate 3Y
7.62%
-
Sales Growth Rate 5Y
7.67%
-
Turnover Ratio
6.00%
-

Top Issuers

(49.3% of assets as of 05/31/17)


Portfolio Holdings Breakdown

Country 5
Developed Markets 5
Emerging Markets 5
Equity Sector 5
Industry 5
Asset Allocation 5
Market Cap 6
Country Global Fund MSCI AC World Overweight / Underweight
United States 44.9% 52.5% -7.5%
Japan 14.2% 7.7% 6.5%
France 10.1% 3.5% 6.6%
Germany 9.3% 3.2% 6.2%
United Kingdom 5.5% 6.0% -0.5%
India 3.5% 1.0% 2.5%
Switzerland 3.0% 3.0% 0.1%
Spain 2.9% 1.2% 1.7%
China 2.3% 3.1% -0.8%
Sweden 1.5% 1.0% 0.5%
Italy 0.7% 0.7% -0.1%
Argentina 0.5% - -
Denmark 0.4% 0.6% -0.1%
Developed Markets Global Fund MSCI AC World Overweight / Underweight
Americas 44.9% 55.6% -10.6%
Europe 33.5% 21.5% 12.0%
Asia Pacific 14.2% 11.6% 2.6%
Emerging Markets Global Fund MSCI AC World Overweight / Underweight
Asia Pacific 5.8% 8.1% -2.3%
Americas 0.5% 1.4% -0.9%
Equity Sector Global Fund MSCI AC World Overweight / Underweight
Information Technology 26.4% 17.1% 9.3%
Financials 17.9% 17.9% 0.0%
Consumer Discretionary 16.7% 12.3% 4.4%
Health Care 15.0% 11.2% 3.8%
Industrials 12.5% 10.8% 1.7%
Consumer Staples 5.3% 9.7% -4.4%
Real Estate 1.9% 3.1% -1.2%
Telecommunication Services 1.4% 3.4% -1.9%
Materials 1.0% 5.2% -4.2%
Energy 0.9% 6.2% -5.3%
Industry Global Fund MSCI AC World Overweight / Underweight
Internet Software & Services 9.4% 3.8% 5.7%
Software 7.3% 3.2% 4.2%
Electronic Equipment Instruments & Components 6.5% 1.1% 5.4%
Banks 6.0% 9.9% -3.8%
Capital Markets 6.0% 2.5% 3.5%
Biotechnology 6.0% 1.8% 4.1%
Insurance 5.8% 4.0% 1.8%
Textiles Apparel & Luxury Goods 5.6% 1.1% 4.5%
Health Care Providers & Services 5.4% 1.7% 3.8%
Specialty Retail 3.5% 1.6% 2.0%
Aerospace & Defense 3.0% 1.7% 1.3%
Automobiles 2.7% 1.8% 1.0%
Industrial Conglomerates 2.6% 2.0% 0.6%
Media 2.5% 2.5% 0.1%
Household Products 2.5% 1.3% 1.2%
Electrical Equipment 2.5% 0.8% 1.7%
Pharmaceuticals 2.3% 5.4% -3.1%
Personal Products 2.1% 0.9% 1.2%
Semiconductors & Semiconductor Equipment 2.0% 2.8% -0.8%
Real Estate Management & Development 1.9% 1.0% 1.0%
Asset Allocation Global Fund MSCI AC World Overweight / Underweight
Equity 98.9% 100.0% -1.1%
Net Cash and Equivalents 1.1% - -
Market Cap Global Fund MSCI AC World Overweight / Underweight
Large 87.0% 88.0% -1.0%
Mid 8.4% 11.9% -3.4%
Small 3.0% 0.1% 2.9%
  1. 1. Special Risks: Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Emerging and developing market investments may be especially volatile. Eurozone investments may be subject to volatility and liquidity issues. Investments in securities of growth companies may be volatile. Mid-sized company stock is typically more volatile than that of larger company stock. It may take a substantial period of time to realize a gain on an investment in a mid-sized company, if any gain is realized at all. Diversification does not guarantee profit or protect against loss.
  2. 2. The net expense ratio (where applicable) also takes into account contractual fee waivers and/or expense reimbursements without which performance would have been less. These undertakings may not be amended or withdrawn for one year from the date of the current prospectus, unless approved by the Board.
  3. 3. Access index definitions.
  4. 4. The Morningstar Analyst Rating is not a credit or risk rating but a subjective evaluation performed by the analysts of Morningstar, Inc. (Mstar). Mstar evaluates funds based on five key pillars (process, performance, people, parent and price). Mstar's analysts use this evaluation to identify funds they believe are more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors and the weightings of each pillar may vary. The Analyst Rating reflects overall assessment and is overseen by Morningstar's Analyst Rating Committee. The analyst rating scale is five-tiered, with three positive ratings (Gold, Silver, Bronze), a Neutral rating and a Negative rating, with Gold being the highest rating and Negative being the lowest rating. The Mstar Analyst Ratings should not be used as the sole basis in evaluating a mutual fund and are based on Mstar's current expectations about future events. Mstar does not represent ratings as a guarantee. Analyst Ratings involve unknown risks and uncertainties which may cause Mstar's expectations not to occur or to differ significantly.
  5. 5. Holdings are subject to change, and are dollar weighted based on total net assets. Negative weightings may result from the use of leverage. Leverage involves the use of various financial instruments or borrowed capital in an attempt to increase investment return. Leverage risks include potential for higher volatility, greater decline of the fund's net asset value and fluctuations of dividends and distributions paid by the fund.
  6. 6. Holdings are subject to change, are dollar-weighted based on assets, and may not reflect the use of leverage in the Fund. Market Cap breakdown is calculated using Morningstar's methodology and those capitalization standards may not align with those in the Fund’s prospectus.
  7. A. Daily net asset value and dollar change of the fund is as of the previous business day's closing. Fund net asset values are updated at approximately 7 p.m. ET daily. ↩
  8. B. The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price, reinvested distributions, and a 5.75% maximum sales charge where indicated. Returns do not consider capital gains or income taxes on an individual's investment. ↩
  9. C. "Year to Date" returns are cumulative, not annualized, and do not reflect sales charges (if sales charges are applicable to the Fund). These returns would be lower if sales charges were taken into consideration. Short-term returns may not be indicative of longer-term performance, which should also be considered when making investment decisions. ↩
  10. D. There is no guarantee of the payment of any dividend or other distributions at any level. ↩
Ă—
Loading...
Tiny Button Small Button Large Button Default Button Secondary Button Framed Button Framed Button ( Small Caps )