U.S. Flag United States
Registered Investment Advisor
Ă—

Global Equity

Global Value Fund

The Strategy invests in a mix of undervalued U.S. and foreign stocks.

Investment Style
Global Value
Fund Inception
October 1, 2007
Total Assets (all classes) (as of 6/30/2017)
$549 million
Fund Index
MSCI AC World
NAV (as of 7/21/17)
  • A
$50.61

Equity

Fixed Income

Municipal Bond
performance
analytics
holdings
as of 6/30/2017
  • E
as of 6/30/2017
  • E

Sales charges are not applicable to Y & I Share Classes.
Cumulative
Annualized
3 mo ytd as of 7/21/17
  • C
1 yr 3 yr 5 yr since inception
Global Value Fund (NAV)
8.09% 21.60% 25.34% 4.04% 13.05% 6.01%
Cumulative
Annualized
3 mo ytd as of 7/21/17
  • C
1 yr 3 yr 5 yr since inception
Global Value Fund (NAV)
8.09% 21.60% 25.34% 4.04% 13.05% 6.01%
Gross Expense Ratio: 1.05% | Net Expense Ratio: 1.05%

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


Year Global Value Fund MSCI AC World
2007 0.00% -
2008 -46.83% -42.19%
2009 74.41% 34.63%
2010 26.03% 12.67%
2011 -7.63% -7.35%
2012 19.91% 16.13%
2013 42.98% 22.80%
2014 -4.57% 4.16%
2015 -0.38% -2.36%
2016 -0.60% 7.86%

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


Date Global Value Fund MSCI ACWI S&P 500
6/30/2012 0.00 0.00 0.00
7/31/2012 0.67 1.37 1.39
8/31/2012 6.05 3.57 3.67
9/30/2012 11.62 6.84 6.35
10/31/2012 11.29 6.12 4.39
11/30/2012 12.33 7.48 4.99
12/31/2012 16.78 9.91 5.95
1/31/2013 25.64 14.98 11.44
2/28/2013 25.82 14.96 12.95
3/31/2013 28.55 17.06 17.19
4/30/2013 32.59 20.41 19.44
5/31/2013 37.52 20.08 22.24
6/30/2013 35.09 16.57 20.60
7/31/2013 45.33 22.15 26.73
8/31/2013 43.57 19.60 23.06
9/30/2013 53.89 25.78 26.92
10/31/2013 58.74 30.83 32.76
11/30/2013 60.87 32.69 36.80
12/31/2013 66.50 34.98 40.27
1/31/2014 57.11 29.58 35.42
2/28/2014 64.90 35.84 41.61
3/31/2014 62.76 36.44 42.80
4/30/2014 57.22 37.74 43.86
5/31/2014 61.34 40.67 47.23
6/30/2014 63.02 43.32 50.27
7/31/2014 55.09 41.58 48.20
8/31/2014 59.96 44.71 54.13
9/30/2014 52.44 40.01 51.97
10/31/2014 54.57 41.00 55.68
11/30/2014 59.96 43.36 59.87
12/31/2014 58.51 40.59 59.47
1/31/2015 50.96 38.40 54.68
2/28/2015 62.73 46.10 63.57
3/31/2015 60.75 43.84 60.98
4/30/2015 63.42 48.01 62.53
5/31/2015 66.54 47.82 64.62
6/30/2015 61.82 44.34 61.43
7/31/2015 65.32 45.59 64.81
8/31/2015 49.36 35.61 54.87
9/30/2015 45.21 30.70 51.04
10/31/2015 59.88 40.95 63.78
11/30/2015 61.17 39.79 64.26
12/31/2015 57.48 37.27 61.67
1/31/2016 42.09 28.99 53.65
2/29/2016 39.73 28.10 53.44
3/31/2016 49.86 37.60 63.85
4/30/2016 49.48 39.63 64.49
5/31/2016 52.68 39.80 67.44
6/30/2016 45.71 38.96 67.87
7/31/2016 55.53 44.95 74.06
8/31/2016 57.17 45.43 74.31
9/30/2016 59.34 46.32 74.34
10/31/2016 53.14 43.84 71.16
11/30/2016 55.15 44.93 77.50
12/31/2016 56.18 48.06 81.01
1/31/2017 62.96 52.11 84.44
2/28/2017 68.67 56.38 91.77
3/31/2017 68.67 58.29 91.99
4/30/2017 74.16 60.76 93.96
5/31/2017 78.96 64.31 96.69
6/30/2017 82.19 65.06 97.92

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

$ per share as of 7/22/2017

Date 2012 2013 2014 2015 2016
Short Term 0.2156
Long Term 0.5300
Total Amount of Distribution 0.7455
Record Date 12/3/14
Ex Div Date 12/4/14
Pay Date 12/4/14

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

Analytics

(As of 6/30/2017)

Morningstar 6/30/2017 (based on risk adjusted performance)
Overall Rating
Number of Funds
714
Category
World Large Stock
Performance Statistics
3Y
5Y
Alpha
-1.76
-0.30
Information Ratio
-0.12
0.39
Upside Capture
132.25
125.70
Downside Capture
150.24
128.23
Sharpe Ratio
0.32
0.93
R-Squared
86.69
83.27
Standard Deviation
15.19
14.14
Sortino Ratio
0.14
0.44
Beta
1.31
1.30
Tracking Error
6.48
6.49
Dividends
  • D
Est. Frequency
Annual
Last Pay Date
12/4/2014
Per Share ($)
$0.00
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$83.10 B
$111.50 B
Median Market Cap (weighted)
$16.40 B
$49.30 B
Trailing P/E
35.89
20.00
Forward P/E
25.66
15.95
Price/Book
2.51
2.28
Debt to Capital Ratio
39.14
44.06
Turnover Ratio
59.00%
-

Top Issuers

(69.2% of assets as of 06/30/17)


Portfolio Holdings Breakdown

Country 4
Developed Markets 4
Emerging Markets 4
Equity Sector 4
Industry 4
Asset Allocation 4
Market Cap 5
Country Global Value Fund MSCI AC World Overweight / Underweight
United States 64.7% 52.6% 12.1%
China 7.8% 3.1% 4.6%
France 6.6% 3.5% 3.1%
Sweden 4.5% 1.0% 3.5%
Japan 4.3% 7.7% -3.4%
Denmark 4.0% 0.6% 3.5%
United Kingdom 3.0% 5.8% -2.8%
Germany 2.6% 3.1% -0.5%
Switzerland 1.9% 2.8% -0.9%
South Africa 0.7% 0.7% 0.0%
Developed Markets Global Value Fund MSCI AC World Overweight / Underweight
Americas 64.7% 55.7% 9.0%
Europe 22.6% 21.1% 1.6%
Asia Pacific 4.3% 11.7% -7.4%
Emerging Markets Global Value Fund MSCI AC World Overweight / Underweight
Asia Pacific 7.8% 8.2% -0.5%
Africa 0.7% 0.8% -0.1%
Equity Sector Global Value Fund MSCI AC World Overweight / Underweight
Information Technology 28.3% 16.9% 11.5%
Health Care 21.6% 11.4% 10.2%
Consumer Discretionary 20.7% 12.1% 8.6%
Financials 20.6% 18.6% 1.9%
Industrials 4.4% 10.9% -6.4%
Telecommunication Services 3.0% 3.2% -0.3%
Materials 1.5% 5.1% -3.6%
Industry Global Value Fund MSCI AC World Overweight / Underweight
Internet Software & Services 18.0% 3.6% 14.4%
Media 16.3% 2.4% 13.9%
Banks 7.1% 10.4% -3.2%
Software 6.8% 3.2% 3.6%
Biotechnology 6.0% 1.9% 4.1%
Pharmaceuticals 6.0% 5.4% 0.6%
Health Care Equipment & Supplies 5.9% 1.9% 4.0%
Capital Markets 5.6% 2.6% 3.0%
Diversified Financial Services 4.2% 1.0% 3.2%
Professional Services 3.7% 0.5% 3.1%
Insurance 3.6% 4.1% -0.4%
IT Services 3.2% 2.5% 0.7%
Internet & Direct Marketing Retail 2.9% 1.6% 1.3%
Life Sciences Tools & Services 2.4% 0.5% 1.9%
Diversified Telecommunication Services 2.3% 2.2% 0.1%
Distributors 1.5% 0.1% 1.5%
Chemicals 1.5% 2.7% -1.2%
Health Care Technology 1.3% 0.1% 1.2%
Machinery 0.7% 1.8% -1.1%
Wireless Telecommunication Services 0.7% 1.1% -0.4%
Asset Allocation Global Value Fund MSCI AC World Overweight / Underweight
Equity 100.1% 100.0% 0.1%
Market Cap Global Value Fund MSCI AC World Overweight / Underweight
Large 62.4% 87.3% -24.8%
Small 19.6% 0.0% 19.6%
Mid 18.1% 12.7% 5.4%
  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. Value investing involves the risk that undervalued securities may not appreciate as anticipated. 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. 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.
  5. 5. 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.
  6. 6. For Share Classes with less than a one-year track record, expense ratios are estimated based on the Manager's projections of those expenses for the coming fiscal year.
  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 7:00pm 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. ↩
  11. E. The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price and reinvested distributions. Class Y shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment. ↩
Ă—
Loading...
Tiny Button Small Button Large Button Default Button Secondary Button Framed Button Framed Button ( Small Caps )