Litman Gregory Masters Intl Inv
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
20.9%
1 yr return
-7.6%
3 Yr Avg Return
3.7%
5 Yr Avg Return
-0.3%
Net Assets
$406 M
Holdings in Top 10
34.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.58%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 35.15%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MNILX - Profile
Distributions
- YTD Total Return 20.9%
- 3 Yr Annualized Total Return 3.7%
- 5 Yr Annualized Total Return -0.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.50%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameLitman Gregory Masters International Fund
-
Fund Family NameLitman Gregory Masters Funds
-
Inception DateApr 30, 2009
-
Shares OutstandingN/A
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDavid G. Herro
Fund Description
MNILX - Performance
Return Ranking - Trailing
Period | MNILX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 20.9% | 2.3% | 23.9% | 1.75% |
1 Yr | -7.6% | -43.4% | 4.4% | 24.66% |
3 Yr | 3.7%* | -14.2% | 34.4% | 31.03% |
5 Yr | -0.3%* | -12.3% | 18.2% | 67.93% |
10 Yr | 7.6%* | -2.0% | 11.6% | 40.50% |
* Annualized
Return Ranking - Calendar
Period | MNILX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -20.8% | -50.1% | 68.4% | 70.23% |
2022 | 21.5% | -2.4% | 37.4% | 73.23% |
2021 | -8.4% | -13.9% | 18.8% | 99.21% |
2020 | -7.0% | -27.8% | 7.2% | 83.20% |
2019 | -3.9% | -27.8% | 75.2% | 9.24% |
Total Return Ranking - Trailing
Period | MNILX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 20.9% | 2.3% | 23.9% | 1.75% |
1 Yr | -7.6% | -43.4% | 5.7% | 33.98% |
3 Yr | 3.7%* | -11.6% | 34.4% | 23.72% |
5 Yr | -0.3%* | -11.0% | 18.2% | 66.14% |
10 Yr | 7.6%* | -1.8% | 11.6% | 52.79% |
* Annualized
Total Return Ranking - Calendar
Period | MNILX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -20.5% | -50.0% | 68.4% | 78.21% |
2022 | 23.4% | 8.9% | 37.4% | 74.41% |
2021 | -4.9% | -8.0% | 18.8% | 89.33% |
2020 | -5.7% | -26.3% | 8.4% | 83.20% |
2019 | -3.0% | -27.8% | 96.0% | 15.61% |
MNILX - Holdings
Concentration Analysis
MNILX | Category Low | Category High | MNILX % Rank | |
---|---|---|---|---|
Net Assets | 406 M | 1.55 M | 382 B | 63.69% |
Number of Holdings | 73 | 5 | 9089 | 71.26% |
Net Assets in Top 10 | 139 M | -2.08 B | 32.8 B | 53.40% |
Weighting of Top 10 | 34.33% | 4.2% | 391.9% | 18.25% |
Top 10 Holdings
- Vivendi SA 5.35%
- Informa PLC 4.94%
- OCI NV 4.68%
- Teekay LNG Partners LP 3.53%
- CNH Industrial NV 3.38%
- Lloyds Banking Group PLC 2.96%
- CK Hutchison Holdings Ltd 2.50%
- ASML Holding NV 2.37%
- JD.com Inc ADR 2.37%
- Safran SA 2.25%
Asset Allocation
Weighting | Return Low | Return High | MNILX % Rank | |
---|---|---|---|---|
Stocks | 97.63% | 31.22% | 121.87% | 43.88% |
Cash | 2.38% | -24.02% | 33.18% | 47.96% |
Preferred Stocks | 0.00% | 0.00% | 4.19% | 41.75% |
Other | 0.00% | -3.14% | 16.29% | 60.58% |
Convertible Bonds | 0.00% | 0.00% | 4.82% | 36.31% |
Bonds | 0.00% | -40.90% | 66.62% | 39.03% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MNILX % Rank | |
---|---|---|---|---|
Consumer Cyclical | 24.02% | 0.02% | 26.61% | 1.55% |
Industrials | 21.86% | 0.00% | 23.25% | 0.58% |
Financial Services | 19.77% | 0.00% | 28.68% | 32.82% |
Consumer Defense | 9.49% | 0.02% | 32.90% | 60.39% |
Technology | 7.17% | 0.01% | 26.73% | 85.63% |
Basic Materials | 7.11% | 0.00% | 24.56% | 54.76% |
Communication Services | 3.29% | 0.00% | 14.60% | 50.29% |
Healthcare | 1.43% | 0.00% | 26.68% | 96.31% |
Real Estate | 1.32% | 0.00% | 12.35% | 66.60% |
Energy | 0.48% | 0.00% | 22.43% | 94.95% |
Utilities | 0.00% | 0.00% | 15.14% | 86.21% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MNILX % Rank | |
---|---|---|---|---|
Non US | 87.44% | -1.23% | 134.10% | 82.72% |
US | 10.19% | -12.23% | 100.94% | 8.16% |
MNILX - Expenses
Operational Fees
MNILX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.58% | 0.00% | 4.65% | 25.68% |
Management Fee | 1.10% | 0.00% | 1.36% | 98.45% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 32.13% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
MNILX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
MNILX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 0.75% | 2.00% | 17.29% |
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.
MNILX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 35.15% | 0.00% | 366.00% | 47.96% |
MNILX - Distributions
Dividend Yield Analysis
MNILX | Category Low | Category High | MNILX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.19% | 83.88% |
Dividend Distribution Analysis
MNILX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
MNILX | Category Low | Category High | MNILX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.50% | -1.71% | 3.47% | 52.53% |
Capital Gain Distribution Analysis
MNILX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 19, 2018 | $0.052 | |
Dec 19, 2017 | $0.276 | |
Dec 22, 2016 | $0.547 | |
Dec 22, 2015 | $0.220 | |
Dec 23, 2014 | $0.167 | |
Dec 27, 2013 | $0.150 | |
Dec 28, 2012 | $0.070 | |
Dec 28, 2011 | $0.026 | |
Dec 29, 2010 | $0.041 | |
Dec 30, 2009 | $0.058 |
MNILX - Fund Manager Analysis
Managers
David G. Herro
Start Date
Tenure
Tenure Rank
Dec 01, 1997
21.34
21.3%
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
13.93
13.9%
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).
W. Vinson Walden
Start Date
Tenure
Tenure Rank
Apr 30, 2008
10.92
10.9%
Vinson Walden is portfolio manager for Thornburg Investment Management. He joined the firm as associate portfolio manager in 2002 as a member of the management team. He was promoted to portfolio manager in 2006. Vinson holds a BS from Boston University and an MBA from Columbia University. He is a CFA charterholder. Prior to joining Thornburg, Vinson served as an associate for Lehman Brothers in New York City.
Mark Little
Start Date
Tenure
Tenure Rank
Jan 15, 2013
6.21
6.2%
Mark Little Managing Director, Portfolio Manager/Analyst Lazard Asset Management Limited (London) Mark Little is a Portfolio Manager/Analyst on the International Strategic Equity team. 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.
Rajat Jain
Start Date
Tenure
Tenure Rank
Apr 30, 2014
4.92
4.9%
Rajat Jain is an Assistant Secretary of the Trust and the Co-Portfolio Manager. He is also a Principal and Member of Litman Gregory Fund Advisors, LLC and serves as a Senior Research Analyst. Prior to joining LGAM in 2003, Jain was a Vice President with Montgomery Asset Management and was an Associate Director with BARRA Rogers Casey. He is a graduate of St. Stephens College (BS – Physics) and the University of South Carolina (MBA).
Benjamin Beneche
Start Date
Tenure
Tenure Rank
Jun 30, 2016
2.75
2.8%
Ben Beneche joined Pictet Asset Management in 2008 and is Co-Lead of the EAFE Equity strategy. He has a specific focus on Japanese and Pacific ex Japan Equities. Ben graduated from York University with a first class honours degree in Economics and Economic History. He also holds the Investment Management Certificate (IMC) and he is a Chartered Financial Analyst (CFA) charterholder.
Fabio Paolini
Start Date
Tenure
Tenure Rank
Jun 30, 2016
2.75
2.8%
Fabio Paolini joined Pictet Asset Management in 1997. He is Head of Greater European Equities (the group with responsibility for managing EAFE and European equity products) and is Co-Lead of the EAFE Equity strategy. Fabio has a specific focus on European Equities. He began his career in Pictet’s Financial Research department in 1994, initially in the Economics team and then in the European equities research team. Fabio graduated with a degree in Economics from the University of Siena in Italy. He obtained a CFPI/AZEK diploma in 1996 and is a Chartered Financial Analyst (CFA) charterholder.
David E. Marcus
Start Date
Tenure
Tenure Rank
Mar 22, 2017
2.02
2.0%
David E. Marcus is co-founder, chief executive officer and chief investment officer of Evermore Global Advisors, LLC and portfolio manager of the Evermore Funds Mr. Marcus has more than 25 years of experience in the investment management business - After rising through the ranks at Mutual Series Funds, Mr. Marcus served as a portfolio manager under the tutelage of famed value investor, Michael Price - At Franklin Mutual Advisors, Mr. Marcus was portfolio manager of the Franklin Mutual European Fund and co-portfolio manager of the Franklin Mutual Shares and Franklin Mutual Discovery funds in the late 1990s. Mr. Marcus also served during that time as Director of European Investments for Franklin Mutual Advisers, LLC - After leaving Franklin Mutual, Mr. Marcus founded Marcstone Capital Management, L.P., a long/short European-focused equity manager, largely funded by Swedish financier, Jan Stenbeck - After Mr. Stenbeck's death, Mr. Marcus closed Marcstone, in order to create a family office for the Stenbeck family and help restructure a number of the private and public companies under their control - Mr. Marcus subsequently founded and served as managing partner of MarCap Investors, L.P., the investment manager of a European small cap special situations fund, which he managed from 2004 to 2009 - He has served on the board of directors of numerous companies, including: - Novestra AB, a Swedish publicly-traded private equity firm with holdings in the U.S. and Europe - Pergo AB, a Swedish publicly-traded flooring company with approximately $500 million in revenues - Scribona AB, a publicly-traded Swedish distributor of office products with sales in excess of $1 billion; as Chairman of the Board, he led the complete restructuring of the company and the negotiations to sell its operating assets - Miltope, Inc., a U.S. publicly traded and subsequently acquired maker of ruggedized electronics for the U.S. military - Modern Times Group AB, a Swedish publicly traded pan-European media conglomerate
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 27.52 | 7.14 | 5.08 |