Salient EM Dividend Signal Inv
Name
As of 12/17/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$19.9 M
Holdings in Top 10
51.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.02%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/17/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PGERX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
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Legal NamePOLEN GLOBAL EMERGING MARKETS GROWTH FUND
-
Fund Family NameN/A
-
Inception DateN/A
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
The Fund typically invests in a portfolio of common stocks of companies in emerging markets that, in the view of the Adviser, have a sustainable competitive advantage. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings made for investment purposes), at the time of initial purchase, in equity or equity-related securities of issuers that: (i) have their principal securities trading market in an emerging country; (ii) alone or on a consolidated basis derive 50% or more of their annual revenue from goods produced, sales made or services performed in emerging countries; or (iii) are organized under the laws of, and have a principal office in, an emerging country. The Fund may also invest in depositary receipts of issuers described in (i), (ii), and (iii) above, or in exchange-traded funds (“ETFs”) that invest in an emerging country or countries. This 80% policy may be changed by the Board of Trustees without shareholder approval upon 60 days’ written notice to shareholders.
“Emerging countries” include those countries currently considered to be an emerging or developing country by the World Bank, the International Finance Corporation, the United Nations, or the countries’ authorities, and all countries represented in any widely-recognized index of emerging market securities. Typically, emerging markets are in countries that are in the process of industrialization, with lower gross national products (GNP) than more developed countries.
The Adviser uses intensive fundamental research processes to identify companies that it believes have certain attractive characteristics, which typically reflect an underlying competitive advantage. Those characteristics include: (i) consistent and sustainable high return on capital; (ii) strong earnings growth and free cash flow generation; (iii) strong balance sheets and; (iv) competent and shareholder-oriented management teams. The Fund invests in companies that the Adviser believes have a sustainable competitive advantage within an industry with high barriers to entry.
The Adviser believes that consistent earnings growth is the primary driver of intrinsic value growth and long-term stock price appreciation. Accordingly, the Adviser focuses on identifying and investing in a concentrated portfolio of high-quality growth companies that it believes have a competitive advantage and can deliver sustainable, above-average earnings growth. The Adviser integrates material environmental, social, and governance (ESG) factors into research analysis as part of a comprehensive evaluation of a company’s long-term financial sustainability. The Adviser believes that such companies not only have the potential to contribute greater returns to the Fund, but also may hold less risk of loss of capital.
The Fund is non-diversified, which means that a significant portion of the Fund’s assets may be invested in the securities of a single or small number of companies and/or in a more limited number of sectors than a diversified mutual fund. Although the Fund may not “concentrate” (invest 25% or more of its net assets) in any industry, the Fund may focus its investments from time to time in one or more sectors of the economy or stock market.
The Fund will usually sell a security if, in the view of the Adviser, there is a potential threat to the company’s competitive advantage or a degradation in its prospects for strong, long-term earnings growth. The Adviser may also sell a security if it is believed by the Adviser to be overvalued or if a more attractive investment opportunity exists. Although the Adviser may purchase and then sell a security in a shorter period of time, the Adviser typically invests in securities with the expectation of holding those investments on a long term basis.
A portion of the Fund’s assets may be held in cash or cash equivalent instruments, including, but not limited to, short term investment funds and/or U.S. Government securities. These cash or cash equivalent holdings may serve as collateral for the positions the Fund takes and also may also earn income for the Fund.
PGERX - Performance
Return Ranking - Trailing
Period | PGERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 0.0% | 26.9% | N/A |
1 Yr | N/A | -28.3% | 9.6% | N/A |
3 Yr | N/A* | -8.8% | 14.2% | N/A |
5 Yr | N/A* | -19.7% | 24.2% | N/A |
10 Yr | N/A* | -8.6% | 13.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | PGERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -41.9% | 0.0% | N/A |
2022 | N/A | 1.8% | 49.7% | N/A |
2021 | N/A | -23.2% | 241.4% | N/A |
2020 | N/A | -47.4% | -0.6% | N/A |
2019 | N/A | -46.3% | 42.6% | N/A |
Total Return Ranking - Trailing
Period | PGERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 0.0% | 26.9% | N/A |
1 Yr | N/A | -28.3% | 9.6% | N/A |
3 Yr | N/A* | -5.0% | 15.4% | N/A |
5 Yr | N/A* | -19.7% | 28.0% | N/A |
10 Yr | N/A* | -8.6% | 17.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PGERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -41.9% | 0.0% | N/A |
2022 | N/A | 1.8% | 50.4% | N/A |
2021 | N/A | -10.0% | 249.7% | N/A |
2020 | N/A | -33.4% | 1.2% | N/A |
2019 | N/A | -46.2% | 48.2% | N/A |
NAV & Total Return History
PGERX - Holdings
Concentration Analysis
PGERX | Category Low | Category High | PGERX % Rank | |
---|---|---|---|---|
Net Assets | 19.9 M | 5.43 M | 87.8 B | N/A |
Number of Holdings | 30 | 2 | 5006 | N/A |
Net Assets in Top 10 | 7.55 M | -206 M | 15.7 B | N/A |
Weighting of Top 10 | 51.13% | 3.9% | 421.7% | N/A |
Top 10 Holdings
- Ambev SA ADR 1.49%
- PJSC Lukoil ADR 1.44%
- BGEO Group PLC 1.32%
- Taiwan Semiconductor Manufacturing Co Ltd ADR 1.25%
- Infosys Ltd ADR 1.25%
- Fomento Economico Mexicano SAB de CV ADR 1.12%
- China Gas Holdings Ltd 0.01%
- Sinopharm Group Co Ltd H 0.00%
- Voltronic Power Technology Corp 0.00%
Asset Allocation
Weighting | Return Low | Return High | PGERX % Rank | |
---|---|---|---|---|
Stocks | 94.44% | 0.00% | 102.58% | N/A |
Cash | 5.56% | -3.68% | 54.06% | N/A |
Preferred Stocks | 0.00% | 0.00% | 2.93% | N/A |
Other | 0.00% | -1.44% | 15.46% | N/A |
Convertible Bonds | 0.00% | 0.00% | 19.06% | N/A |
Bonds | 0.00% | -72.20% | 94.13% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | PGERX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 51.35% | N/A |
Technology | 0.00% | 0.00% | 43.17% | N/A |
Real Estate | 0.00% | 0.00% | 11.64% | N/A |
Industrials | 0.00% | 0.00% | 17.60% | N/A |
Healthcare | 0.00% | 0.00% | 13.32% | N/A |
Financial Services | 0.00% | 0.00% | 51.75% | N/A |
Energy | 0.00% | 0.00% | 25.34% | N/A |
Communication Services | 0.00% | 0.00% | 18.15% | N/A |
Consumer Defense | 0.00% | 0.00% | 44.58% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 33.57% | N/A |
Basic Materials | 0.00% | 0.00% | 15.85% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PGERX % Rank | |
---|---|---|---|---|
Non US | 81.22% | 0.00% | 103.67% | N/A |
US | 13.22% | -2.10% | 99.98% | N/A |
PGERX - Expenses
Operational Fees
PGERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.02% | 0.05% | 13.96% | N/A |
Management Fee | 0.01% | 0.00% | 2.00% | N/A |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
PGERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.40% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PGERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.40% | 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.
PGERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 2.00% | 307.00% | N/A |
PGERX - Distributions
Dividend Yield Analysis
PGERX | Category Low | Category High | PGERX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.19% | N/A |
Dividend Distribution Analysis
PGERX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Monthly | Annually |
Net Income Ratio Analysis
PGERX | Category Low | Category High | PGERX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -1.57% | 5.89% | N/A |
Capital Gain Distribution Analysis
PGERX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2016 | $0.028 | OrdinaryDividend |
Sep 27, 2016 | $0.091 | OrdinaryDividend |
Dec 28, 2015 | $0.016 | OrdinaryDividend |
Dec 26, 2014 | $0.188 | OrdinaryDividend |
Dec 26, 2013 | $0.151 | OrdinaryDividend |
Dec 26, 2012 | $0.013 | OrdinaryDividend |
Dec 27, 2011 | $0.609 | OrdinaryDividend |
Dec 28, 2010 | $0.250 | OrdinaryDividend |
Dec 28, 2009 | $0.151 | OrdinaryDividend |
Dec 28, 2007 | $0.054 | OrdinaryDividend |
Dec 28, 2006 | $0.063 | OrdinaryDividend |
Dec 30, 2005 | $0.263 | OrdinaryDividend |