iMGP International Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.1%
1 yr return
14.3%
3 Yr Avg Return
0.5%
5 Yr Avg Return
5.4%
Net Assets
$230 M
Holdings in Top 10
38.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.47%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 99.91%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MSILX - Profile
Distributions
- YTD Total Return 6.1%
- 3 Yr Annualized Total Return 0.5%
- 5 Yr Annualized Total Return 5.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.63%
- Dividend Yield 1.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameiMGP International Fund
-
Fund Family NameIMGP Funds
-
Inception DateDec 05, 1997
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Herro
Fund Description
• | combine the efforts of several experienced, high quality international managers; |
• | access the highest conviction stock-picking ideas of each manager at any point in time; |
• | deliver a portfolio that is prudently diversified in terms of stocks (typically 32 to 60) and industries while still allowing each manager to run portfolio segments focused on only its highest conviction stocks; and |
• | further diversify across different sized companies, countries, and stock-picking styles by including managers with a variety of stock-picking disciplines. |
SUB- ADVISOR | TARGET ASSET ALLOCATION | MARKET CAPITALIZATIONOF COMPANIES IN PORTFOLIO | |
Harris Associates L.P. (“Harris”) | 33.3% | All sizes | |
Lazard Asset Management (“Lazard”) | 33.3% | All sizes | |
Polen Capital Management, LLC (“Polen Capital”) | 33.3% | All sizes, but mostly large- and mid-sized companies |
MSILX - Performance
Return Ranking - Trailing
Period | MSILX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.1% | -1.4% | 32.0% | 38.12% |
1 Yr | 14.3% | 0.7% | 28.0% | 77.32% |
3 Yr | 0.5%* | -13.5% | 48.7% | 86.56% |
5 Yr | 5.4%* | -33.8% | 76.8% | 85.86% |
10 Yr | 2.6%* | -0.1% | 16.8% | 93.86% |
* Annualized
Return Ranking - Calendar
Period | MSILX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.2% | -7.3% | 22.0% | 15.78% |
2022 | -22.3% | -43.6% | 71.3% | 88.76% |
2021 | 7.6% | -28.5% | 18.9% | 27.72% |
2020 | 2.7% | -90.1% | 992.1% | 90.25% |
2019 | 25.7% | -2.2% | 38.8% | 4.16% |
Total Return Ranking - Trailing
Period | MSILX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.1% | -1.4% | 32.0% | 38.12% |
1 Yr | 14.3% | 0.7% | 28.0% | 77.32% |
3 Yr | 0.5%* | -13.5% | 48.7% | 86.56% |
5 Yr | 5.4%* | -33.8% | 76.8% | 85.86% |
10 Yr | 2.6%* | -0.1% | 16.8% | 93.86% |
* Annualized
Total Return Ranking - Calendar
Period | MSILX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.1% | 3.2% | 41.4% | 39.38% |
2022 | -21.6% | -43.6% | 144.8% | 94.45% |
2021 | 11.8% | -22.6% | 56.0% | 26.19% |
2020 | 5.0% | -89.7% | 1010.8% | 90.41% |
2019 | 29.5% | 4.3% | 38.8% | 3.00% |
NAV & Total Return History
MSILX - Holdings
Concentration Analysis
MSILX | Category Low | Category High | MSILX % Rank | |
---|---|---|---|---|
Net Assets | 230 M | 1.97 M | 366 B | 72.42% |
Number of Holdings | 46 | 1 | 10801 | 85.86% |
Net Assets in Top 10 | 86.3 M | 0 | 36.8 B | 61.95% |
Weighting of Top 10 | 38.73% | 2.5% | 111.6% | 15.88% |
Top 10 Holdings
- ICON PLC 6.50%
- FIXED INC CLEARING CORP.REPO 5.89%
- Ryanair Holdings PLC 4.21%
- Sage Group PLC/The 4.04%
- SAP SE 3.97%
- Coca-Cola Europacific Partners PLC 3.13%
- CNH Industrial NV 2.98%
- Evolution AB 2.75%
- Continental AG 2.66%
- Sampo Oyj 2.60%
Asset Allocation
Weighting | Return Low | Return High | MSILX % Rank | |
---|---|---|---|---|
Stocks | 93.65% | 0.00% | 122.60% | 88.05% |
Other | 5.89% | -2.97% | 43.01% | 4.81% |
Cash | 0.46% | -22.43% | 100.00% | 86.59% |
Preferred Stocks | 0.00% | -0.01% | 7.60% | 94.75% |
Convertible Bonds | 0.00% | 0.00% | 4.18% | 89.91% |
Bonds | 0.00% | -0.68% | 71.30% | 90.23% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MSILX % Rank | |
---|---|---|---|---|
Financial Services | 19.67% | 0.00% | 47.75% | 27.31% |
Consumer Cyclical | 16.70% | 0.00% | 36.36% | 6.12% |
Industrials | 14.71% | 5.17% | 99.49% | 53.43% |
Technology | 14.60% | 0.00% | 36.32% | 21.64% |
Communication Services | 12.69% | 0.00% | 21.69% | 3.28% |
Healthcare | 10.71% | 0.00% | 21.01% | 66.42% |
Utilities | 5.64% | 0.00% | 13.68% | 7.61% |
Consumer Defense | 4.20% | 0.00% | 32.29% | 95.37% |
Basic Materials | 1.08% | 0.00% | 23.86% | 98.66% |
Real Estate | 0.00% | 0.00% | 14.59% | 97.76% |
Energy | 0.00% | 0.00% | 16.89% | 99.70% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MSILX % Rank | |
---|---|---|---|---|
Non US | 74.96% | 0.00% | 121.07% | 84.11% |
US | 18.69% | 0.00% | 103.55% | 11.81% |
MSILX - Expenses
Operational Fees
MSILX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.47% | 0.01% | 18.22% | 23.21% |
Management Fee | 1.10% | 0.00% | 1.65% | 99.56% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 1.00% | N/A |
Sales Fees
MSILX 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
MSILX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 62.12% |
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.
MSILX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 99.91% | 2.00% | 247.00% | 89.02% |
MSILX - Distributions
Dividend Yield Analysis
MSILX | Category Low | Category High | MSILX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.95% | 0.00% | 24.61% | 91.15% |
Dividend Distribution Analysis
MSILX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
MSILX | Category Low | Category High | MSILX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.63% | -0.93% | 6.38% | 0.30% |
Capital Gain Distribution Analysis
MSILX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.133 | OrdinaryDividend |
Dec 21, 2022 | $0.133 | OrdinaryDividend |
Dec 21, 2021 | $0.722 | OrdinaryDividend |
Dec 22, 2020 | $0.405 | OrdinaryDividend |
Dec 18, 2019 | $0.527 | OrdinaryDividend |
Dec 19, 2018 | $0.104 | OrdinaryDividend |
Dec 19, 2017 | $0.522 | OrdinaryDividend |
Dec 22, 2016 | $0.613 | OrdinaryDividend |
Dec 22, 2015 | $0.271 | OrdinaryDividend |
Dec 23, 2014 | $0.211 | OrdinaryDividend |
Dec 27, 2013 | $0.184 | OrdinaryDividend |
Dec 28, 2012 | $0.070 | OrdinaryDividend |
Dec 28, 2011 | $0.026 | OrdinaryDividend |
Dec 29, 2010 | $0.691 | OrdinaryDividend |
Dec 30, 2009 | $0.070 | OrdinaryDividend |
Dec 29, 2005 | $0.293 | OrdinaryDividend |
Dec 28, 2004 | $0.070 | OrdinaryDividend |
Dec 29, 2003 | $0.027 | OrdinaryDividend |
Dec 30, 2002 | $0.034 | OrdinaryDividend |
Dec 03, 2001 | $0.033 | OrdinaryDividend |
Dec 04, 2000 | $0.046 | OrdinaryDividend |
MSILX - Fund Manager Analysis
Managers
David Herro
Start Date
Tenure
Tenure Rank
Dec 01, 1997
24.51
24.5%
David Herro is the Chief Investment Officer – International Equities at Harris Associates L.P. and serves as a Deputy Chairman and a Portfolio Manager of a number of Oakmark funds. Mr. Herro has been managing international portfolios since 1986, previously managing international portfolios for The State of Wisconsin Investment Board and The Principal Financial Group. Mr. Herro, who joined Harris Associates in 1992, holds a BS in business and economics from the University of Wisconsin – Platteville (1983) and an MA in economics from the University of Wisconsin – Milwaukee (1985).
Jeremy DeGroot
Start Date
Tenure
Tenure Rank
Apr 30, 2005
17.1
17.1%
Jeremy DeGroot, CFA MA, Principal, Chief Investment Officer Jeremy joined Litman Gregory in 1999 and became a principal in 2003. He is responsible for overseeing the firm's manager due diligence, asset class research, and portfolio allocation decisions. Jeremy is also Portfolio Manager of the Litman Gregory Masters Alternative Strategies Fund and Co-Portfolio Manager of the Litman Gregory Masters Equity, International, and Smaller Companies funds. He is frequently quoted in the national media in the areas of asset allocation and manager selection. Jeremy holds the Chartered Financial Analyst® (CFA®) designation. Prior to joining Litman Gregory, Jeremy was an Economic Consulting Services Manager with KPMG Peat Marwick and was a Senior Economist with the Law & Economics Consulting Group. Jeremy is a graduate of University of Wisconsin - Madison (BS - Economics) and University of California - Berkeley (MA - Economics).
Mark Little
Start Date
Tenure
Tenure Rank
Jan 15, 2013
9.38
9.4%
Mark Little Managing Director, Portfolio Manager/Analyst Lazard Asset Management Limited (London) Mark Little is a Portfolio Manager/Analyst on the International Strategic Equity, International Compounders, and Global Strategic Equity teams. He began working in the investment field in 1992. Prior to joining Lazard in 1997, he was a manager in the corporate finance practice of Coopers & Lybrand and earned his ACA qualification with Rees Pollock Chartered Accountants. Mark has an MA in Economics from Clare College, Cambridge University.
Todd Morris
Start Date
Tenure
Tenure Rank
Sep 30, 2021
0.67
0.7%
Todd Morris,Portfolio Manager and Analyst, is lead portfolio manager for the International Growth Strategy and a member of the investment team at Polen Capital. Mr. Morris joined Polen Capital in 2011. During his time at Polen Capital he has served as a Research Analyst and the Director of Research. Prior to joining Polen Capital, Mr. Morris worked in research and marketing roles with Prudential Insurance and Millennium Global Asset Management, respectively, and served for seven years in the U.S. Navy. During his naval career Mr. Morris navigated a warship on three deployments, taught at the U.S. Merchant Marine Academy and served with the U.S. Army in Iraq. Mr. Morris received a B.S. in History from the U.S. Naval Academy where he was a student athlete, and an MBA from Columbia Business School.
Daniel Fields
Start Date
Tenure
Tenure Rank
Sep 30, 2021
0.67
0.7%
Mr. Fields joined Polen Capital in 2017 and is responsible for the day-to-day portfolio management and investment analysis for the Fund. Prior to joining Polen Capital, Mr. Fields spent eight years in Hong Kong where he worked for GaveKal Capital and Marshall Wace LLP as a research analyst evaluating Asian growth companies. He began his career at Fisher Investments as a junior analyst analyzing emerging markets companies. Mr. Fields received a B.S. in Finance from the University of Idaho and a M.S. in Global Finance from the NYU Stern School of Business and HKUST Business School. Mr. Fields is a CFA charterholder.
Kiko Vallarta
Start Date
Tenure
Tenure Rank
Mar 18, 2022
0.2
0.2%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.35 | 6.22 | 3.25 |