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Trending ETFs

Name

As of 06/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.41

$678 M

0.00%

2.10%

Vitals

YTD Return

3.0%

1 yr return

12.2%

3 Yr Avg Return

-0.8%

5 Yr Avg Return

0.9%

Net Assets

$678 M

Holdings in Top 10

35.1%

52 WEEK LOW AND HIGH

$8.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.10%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 34.97%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.41

$678 M

0.00%

2.10%

BEMCX - Profile

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return -0.8%
  • 5 Yr Annualized Total Return 0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.66%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Brandes Emerging Markets Value Fund
  • Fund Family Name
    Brandes Investment Trust
  • Inception Date
    Jan 31, 2013
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Gerardo Zamorano

Fund Description

The Emerging Markets Value Fund invests primarily in equity securities of companies located or active mainly in emerging markets (including frontier markets). The Fund typically invests in companies that have market capitalizations (market value of publicly traded equity securities) greater than $3 billion at the time of purchase. Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) measured at the time of purchase in equity securities of companies located or active mainly in emerging markets. The Advisor defines a company as “active mainly in emerging markets” if the company has greater than 80% of revenues, profits, assets, or business activity derived from emerging market countries. Equity
securities include common and preferred stocks, real estate investment trusts (“REITs”), warrants and rights. The Fund will generally limit its investments in any one issuer to no more than 5% of the Fund’s total assets, measured at the time of purchase, but may, from time to time, invest more than 5% of the Fund’s total assets in one or more issuers. From time to time, the Fund may invest more than 20% of its assets in any market sector, such as the financial sector or information technology sector.
Emerging markets include some or all of the countries located in each of the following regions: Asia, Europe, Central and South America, Africa and the Middle East. The Advisor considers an emerging market country to be any country which is in the MSCI EM Index and the MSCI Frontier Markets Index or that, in the opinion of the Advisor, is generally considered to be an emerging market country by the international financial community. With respect to Fund investments in any particular country, the Fund may invest up to the greater of either (a) 20% of its total assets measured at the time of purchase or (b) 150% of the weighting of such country as represented in the MSCI EM Index, measured at the time of purchase. As a result, the Fund may have significant exposure to any particular country.
The Emerging Markets Value Fund may invest from time to time in cash or short-term cash equivalent securities either as part of its overall investment strategy or for temporary defensive purposes in response to adverse market, economic, political or other conditions. The amount of such holdings will vary and will depend on the Advisor’s assessment of the quantity and quality of investment opportunities that exist at any given time, and may at times be relatively high.
Brandes Investment Partners, L.P., the investment advisor (the “Advisor”), uses the principles of value investing to analyze and select equity securities for the Emerging Markets Value Fund’s investment portfolio. When buying equity securities, the Advisor assesses the estimated “intrinsic” value of a company based on data such as a company’s earnings, cash flow generation, and/or asset value of the underlying business. By choosing securities that are selling at a discount to the Advisor’s estimates of the underlying company’s intrinsic value, the Advisor seeks to establish an opportunity for long-term capital appreciation. The Advisor may sell a security when its price reaches the Advisor’s estimate of the underlying company’s intrinsic value, the Advisor believes that other investments are more attractive, or for other reasons.
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BEMCX - Performance

Return Ranking - Trailing

Period BEMCX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -8.5% 20.7% 81.23%
1 Yr 12.2% -10.7% 37.7% 36.90%
3 Yr -0.8%* -20.9% 10.4% 16.36%
5 Yr 0.9%* -5.8% 12.2% 84.13%
10 Yr -0.2%* -2.7% 6.2% 96.72%

* Annualized

Return Ranking - Calendar

Period BEMCX Return Category Return Low Category Return High Rank in Category (%)
2023 19.8% -6.5% 35.5% 6.15%
2022 -18.8% -50.1% -2.4% 13.40%
2021 -0.6% -33.1% 22.5% 27.12%
2020 -8.0% -22.1% 80.1% 99.06%
2019 15.5% -0.7% 42.0% 69.35%

Total Return Ranking - Trailing

Period BEMCX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -8.5% 20.7% 81.23%
1 Yr 12.2% -10.7% 37.7% 36.90%
3 Yr -0.8%* -20.9% 10.4% 16.36%
5 Yr 0.9%* -5.8% 12.2% 84.13%
10 Yr -0.2%* -2.7% 6.2% 96.72%

* Annualized

Total Return Ranking - Calendar

Period BEMCX Return Category Return Low Category Return High Rank in Category (%)
2023 23.7% -2.7% 42.0% 3.69%
2022 -16.2% -42.2% 1.9% 14.25%
2021 1.4% -32.5% 33.1% 35.02%
2020 -6.7% -20.0% 81.6% 99.38%
2019 17.5% 2.3% 42.0% 77.42%

NAV & Total Return History


BEMCX - Holdings

Concentration Analysis

BEMCX Category Low Category High BEMCX % Rank
Net Assets 678 M 682 K 103 B 43.11%
Number of Holdings 63 10 7049 79.54%
Net Assets in Top 10 244 M 290 K 19.2 B 40.38%
Weighting of Top 10 35.05% 2.9% 140.4% 43.58%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co., Ltd. TWD10 7.35%
  2. Samsung Electronics Co Ltd. KRW100 5.09%
  3. Embraer S.A. SPON ADS EACH REP 4 ORD SHS 4.51%
  4. Alibaba Group Holding Ltd. USD0.000003125 3.43%
  5. Erste Group Bank AG NPV 2.79%
  6. HDFC Bank Ltd. INR1 2.68%
  7. Petroleo Brasileiro SA PRF NPV 2.61%
  8. Contemporary Amperex Technology Co Ltd. 'A' CNY1 2.37%
  9. Banco Actinver SA CBFI (FIBRA UNO ADMINISTRACION SA DE CV) 2.11%
  10. Midea Group Co Ltd. A CNY1 2.10%

Asset Allocation

Weighting Return Low Return High BEMCX % Rank
Stocks
95.97% 0.00% 102.46% 61.80%
Preferred Stocks
2.61% 0.00% 10.09% 16.64%
Cash
1.42% -2.03% 40.36% 58.25%
Other
0.00% -0.14% 37.51% 86.49%
Convertible Bonds
0.00% 0.00% 7.40% 90.66%
Bonds
0.00% 0.00% 92.29% 90.86%

Stock Sector Breakdown

Weighting Return Low Return High BEMCX % Rank
Technology
20.42% 0.00% 47.50% 65.75%
Financial Services
18.16% 0.00% 48.86% 73.07%
Consumer Cyclical
17.15% 0.00% 48.94% 16.57%
Consumer Defense
10.84% 0.00% 25.90% 10.91%
Communication Services
9.98% 0.00% 39.29% 36.46%
Industrials
7.59% 0.00% 43.53% 29.42%
Real Estate
5.72% 0.00% 17.15% 6.91%
Basic Materials
4.56% 0.00% 30.03% 76.10%
Energy
2.84% 0.00% 24.80% 67.96%
Healthcare
2.04% 0.00% 16.53% 78.87%
Utilities
0.70% 0.00% 39.12% 62.85%

Stock Geographic Breakdown

Weighting Return Low Return High BEMCX % Rank
Non US
84.69% 0.00% 100.18% 49.25%
US
11.28% 0.00% 99.51% 48.02%

BEMCX - Expenses

Operational Fees

BEMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.10% 0.03% 29.98% 19.29%
Management Fee 0.95% 0.00% 2.00% 67.21%
12b-1 Fee 0.75% 0.00% 1.00% 76.36%
Administrative Fee 0.03% 0.01% 0.85% 6.33%

Sales Fees

BEMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 94.74%

Trading Fees

BEMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

BEMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 34.97% 0.00% 189.00% 32.22%

BEMCX - Distributions

Dividend Yield Analysis

BEMCX Category Low Category High BEMCX % Rank
Dividend Yield 0.00% 0.00% 9.74% 21.69%

Dividend Distribution Analysis

BEMCX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

BEMCX Category Low Category High BEMCX % Rank
Net Income Ratio 1.66% -1.98% 17.62% 23.65%

Capital Gain Distribution Analysis

BEMCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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BEMCX - Fund Manager Analysis

Managers

Gerardo Zamorano


Start Date

Tenure

Tenure Rank

Jan 31, 2011

11.34

11.3%

Gerardo Zamorano, a limited partner of the firm’s parent company, has analyst and team leader responsibilities on the Telecommunications Research Team, and a member of the Emerging Markets and All-Cap Investment Committees. Previously served as the Assistant Investment Officer in the Latin America Department with the International Finance Corporation (part of World Bank). Earned his BSE (magna cum laude) from Wharton (Pennsylvania) and MBA from Kellogg (Northwestern). Investment experience began in 1995, and he joined Brandes in 1999. He is fluent in Spanish and Portuguese.

Louis Lau


Start Date

Tenure

Tenure Rank

Jan 31, 2011

11.34

11.3%

Director, Investments Group Louis Lau is a Senior Analyst on the Financial Institutions Team. He is also a member of the Emerging Markets Investment Committee and a limited partner of the firm’s parent company. Prior to joining Brandes, he was an Analyst in investment banking and equity capital markets with Goldman Sachs. Mr. Lau earned his BBA in finance (with merit) from the National University of Singapore and his MBA in finance and accounting (with honors) from the Wharton School of the University of Pennsylvania. His experience began in 1998, and joined Brandes in 2004.

Christopher Garrett


Start Date

Tenure

Tenure Rank

Jan 31, 2011

11.34

11.3%

Christopher Garrett, a limited partner of the firm’s parent company, is a member of the Emerging Markets Investment Committee, develops and services relationships with institutional consultants and clients, and is a Non-Executive Director of Brandes Asia. Previously served as CEO and Institutional PM for Brandes Asia. Prior to Brandes, he was a PM/Analyst with DuPont Capital Mgmt and Corporate Loan Officer with two large banks. Earned his BS in finance from ASU and his MBA from Columbia Business School. Investment experience began in 1990, and joined Brandes in 2000.

Mauricio Abadia


Start Date

Tenure

Tenure Rank

Feb 01, 2016

6.33

6.3%

Director, Investments Group Mauricio Abadia, a limited partner of the firm’s parent company, is a Senior Analyst on the Utilities Research Team. He is also a member of the Emerging Markets Investment Committee and the Brandes Institute Advisory Board. Prior to joining Brandes, he worked as a Senior Consultant at Deloitte. Mr. Abadia earned MBA with honors from the Haas School of Business at the University of California, Berkeley and BS in systems engineering with distinction from the University of Virginia, and is fluent in Spanish. His experience began in 2006, and joined Brandes in 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.52 13.42