Fund
OEQAX
Price as of:
$12.41
+ $0.20
+ 1.64%
Primary Theme
fund company
Name
As of 06/01/2026Price
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
Vitals
YTD Return
19.8%
1 yr return
54.0%
3 Yr Avg Return
19.9%
5 Yr Avg Return
N/A
Net Assets
$375 M
Holdings in Top 10
40.7%
52 WEEK LOW AND HIGH
$12.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.50%
SALES FEES
Front Load 4.75%
Deferred Load N/A
TRADING FEES
Turnover 49.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
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
OEQAX - Profile
Distributions
- YTD Total Return 19.8%
- 3 Yr Annualized Total Return 19.9%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio N/A
- Dividend Yield 1.5%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameOaktree Emerging Markets Equity Fund
-
Fund Family NameBrookfield Fund Complex
-
Inception DateMay 16, 2022
-
Shares Outstanding132
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerFrank Carroll
Fund Description
p class="Text_ind" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:36pt;widows:3;margin-top:8pt;"Under normal market conditions, the Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in equity securities, including common and preferred stocks, of emerging market companies (the “80% Policy”). The Fund invests in the securities of companies that the Adviser believes have been undervalued in the market relative to their ability to generate strong cash flows and attractive returns on capital, which may include securities of small- or midspan class="nobreak"-capitalization/span companies. The Fund may also invest in securities of companies denominated in U.S. dollars or foreign currencies, such as the Euro./p p class="Text_ind" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:36pt;widows:3;margin-top:8pt;"The Adviser considers emerging market companies to be those companies that are located in, or economically tied to, emerging market countries or that maintain securities that principally trade on exchanges located in emerging market countries. In constructing the Fund’s portfolio, the Adviser primarily looks to the emerging market countries that comprise the MSCI Emerging Markets Index as the investable universe from which emerging market companies may be included in the Fund’s portfolio and are located in, or economically tied to, such emerging market countries or that maintain securities that principally trade on exchanges located in such emerging market countries. In limited circumstances, the Fund may also invest in other countries with similar characteristics to those included in the MSCI Emerging Markets Index. As of March 31, 2026, the MSCI Emerging Markets Index includes the following 24 emerging market countries: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Kuwait, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Saudi Arabia, South Africa, Taiwan, Thailand, Turkey and United Arab Emirates./pp class="Text_ind" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:36pt;widows:3;margin-top:8pt;"The Adviser believes that the longspan class="nobreak"-term/span investment opportunities in emerging markets are favorable compared to those available in more developed markets and that the opportunity for bottomspan class="nobreak"-up/span managers with experience in undervalued situations will be significant due in part to the high rate of change in, and the volatility of, the emerging markets. While there are numerous risks in the emerging markets that are not equally prevalent in more developed markets, the Adviser’s goal is to manage the risks and seek to earn a morespan class="nobreak"-than/span commensurate return for bearing such risks./p p class="Text_ind" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:36pt;widows:3;margin-top:8pt;"The Adviser uses proprietary, fundamental research to identify companies with solid businesses for investment that it believes have an intrinsic value that is higher than the company’s value as determined by its current stock price. When selecting individual companies for investment, the Adviser normally looks for:/p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:45pt;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-8pt;widows:3;margin-top:8pt;"span class="bullet" style="font-size:10pt;"•span style="width: 5px;display: inline-block;" /span/spanSound management/p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:45pt;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-8pt;widows:3;margin-top:8pt;"span class="bullet" style="font-size:10pt;"•span style="width: 5px;display: inline-block;" /span/spanQuality business model/p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:45pt;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-8pt;widows:3;margin-top:8pt;"span class="bullet" style="font-size:10pt;"•span style="width: 5px;display: inline-block;" /span/spanPositive cash flow generation/p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:45pt;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-8pt;widows:3;margin-top:8pt;"span class="bullet" style="font-size:10pt;"•span style="width: 5px;display: inline-block;" /span/spanStrong market position/p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:45pt;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-8pt;widows:3;margin-top:8pt;"span class="bullet" style="font-size:10pt;"•span style="width: 5px;display: inline-block;" /span/spanIndustry growth potential/p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:45pt;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-8pt;widows:3;margin-top:8pt;"span class="bullet" style="font-size:10pt;"•span style="width: 5px;display: inline-block;" /span/spanSustainable advantages/p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:45pt;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-8pt;widows:3;margin-top:8pt;"span class="bullet" style="font-size:10pt;"•span style="width: 5px;display: inline-block;" /span/spanStock trading at a significant discount to intrinsic value/p p class="Text_ind" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:36pt;widows:3;margin-top:8pt;"In constructing the overall portfolio of investments for the Fund, the Adviser actively considers the risk of loss that can occur as a result of unpredictable market events and seeks to construct a portfolio that is appropriately diversified across various countries and sectors. The Adviser also carefully monitors developments on both the company level and global macro level to seek to identify circumstances that could cause the risk in the portfolio to increase beyond desired levels. Furthermore, the Adviser considers a company’s sustainable competitive advantages, such as strong market position, industry growth potential, or positive cash flow generation across diversified geographies and industries. As described more fully below, the Adviser integrates environmental, social, and governance factors into its investment process and as part of its overall portfolio decision making process./p p class="Text_ind" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:36pt;widows:3;margin-top:8pt;"The Adviser may sell or reduce the Fund’s investment in a portfolio security if the Adviser detects a less appealing risk/reward profile for the company, price appreciation in the company’s stock resulting in overvaluation, deceleration of the company’s revenue or earnings growth, deterioration in the company’s business, or issues developing with company management./p p class="Text_ind" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:36pt;widows:3;margin-top:8pt;"The Fund may change the 80% Policy without shareholder approval. The Fund will provide shareholders with written notice at least 60 days prior to the implementation of any such changes./p p class="Text_ind" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:36pt;widows:3;margin-top:8pt;"The Adviser strives to deliver superior investment results with risk under control while conducting its business with the highest integrity. The Adviser believes that Environmental, Social and Governance (“ESG”) considerations can directly and materially impact investment outcomes. As longspan class="nobreak"-term/span investors, the Adviser believes a consistent focus on ESG throughout the investment lifecycle allows it to avoid undue risk and better identify valuable opportunities. In fact, the Adviser believes integrating ESG analysis into its investment process helps ensure that it is aligned with its clients, their beneficiaries and society’s collective longspan class="nobreak"-term/span interests. At the same time, ESG fits squarely with the Adviser’s commitment to excellence in bottomspan class="nobreak"-up/span investment analysis./p p class="Text_ind" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:36pt;widows:3;margin-top:8pt;"This approach is wellspan class="nobreak"-aligned/span with the Adviser’s investment philosophy, which guides the management of all investment strategies. The primacy of risk control is a key tenet of the Adviser’s investment philosophy. The Adviser’s investment processes are concentrated on gauging risk and avoiding the downside. Its ESG policy dovetails nicely with this goal, as it focuses on ESG integration and engagement is geared toward highlighting ESGspan class="nobreak"-related/span risks that may materially impact investment outcomes./p
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OEQAX - Performance
Return Ranking - Trailing
| Period | OEQAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 19.8% | -18.5% | 102.9% | 72.78% |
| 1 Yr | 54.0% | -14.2% | 239.7% | 47.47% |
| 3 Yr | 19.9%* | -0.2% | 66.1% | 72.42% |
| 5 Yr | N/A* | -11.3% | 25.5% | N/A |
| 10 Yr | N/A* | 0.8% | 21.5% | 96.49% |
* Annualized
Return Ranking - Calendar
| Period | OEQAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 43.3% | -39.1% | 56.9% | 2.68% |
| 2024 | -4.9% | -24.0% | 31.7% | 94.32% |
| 2023 | 1.9% | -6.5% | 35.5% | 97.31% |
| 2022 | N/A | -50.1% | -2.4% | N/A |
| 2021 | N/A | -33.1% | 22.5% | 99.33% |
Total Return Ranking - Trailing
| Period | OEQAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 19.8% | -18.5% | 102.9% | 72.78% |
| 1 Yr | 54.0% | -14.2% | 239.7% | 47.47% |
| 3 Yr | 19.9%* | -0.2% | 66.1% | 72.42% |
| 5 Yr | N/A* | -11.3% | 25.5% | N/A |
| 10 Yr | N/A* | 0.8% | 21.5% | 98.36% |
* Annualized
Total Return Ranking - Calendar
| Period | OEQAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 45.8% | 0.1% | 87.2% | 3.47% |
| 2024 | -2.7% | -16.6% | 31.7% | 95.74% |
| 2023 | 4.7% | -2.5% | 42.0% | 94.79% |
| 2022 | N/A | -42.2% | 1.9% | N/A |
| 2021 | N/A | -32.5% | 33.1% | 99.33% |
NAV & Total Return History
OEQAX - Holdings
Concentration Analysis
| OEQAX | Category Low | Category High | OEQAX % Rank | |
|---|---|---|---|---|
| Net Assets | 375 M | 682 K | 160 B | 61.67% |
| Number of Holdings | 66 | 10 | 7640 | 77.60% |
| Net Assets in Top 10 | 123 M | 290 K | 47.3 B | 62.46% |
| Weighting of Top 10 | 40.73% | 2.9% | 107.6% | 43.60% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 7.84%
- Samsung Electronics Co Ltd 6.26%
- Anglogold Ashanti Plc 4.95%
- Alibaba Group Holding Ltd 4.57%
- Tencent Holdings Ltd 4.33%
- Contemporary Amperex Technology Co Ltd 2.74%
- Petroleo Brasileiro SA - Petrobras 2.65%
- Fresnillo PLC 2.51%
- Zijin Mining Group Co Ltd 2.48%
- Barrick Mining Corp 2.41%
Asset Allocation
| Weighting | Return Low | Return High | OEQAX % Rank | |
|---|---|---|---|---|
| Stocks | 96.45% | 0.00% | 102.89% | 58.36% |
| Cash | 3.49% | -2.03% | 17.54% | 24.92% |
| Preferred Stocks | 0.06% | 0.00% | 12.21% | 55.36% |
| Other | 0.00% | -0.56% | 10.07% | 49.53% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 34.02% |
| Bonds | 0.00% | 0.00% | 138.18% | 39.75% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | OEQAX % Rank | |
|---|---|---|---|---|
| Basic Materials | 26.07% | 0.00% | 30.03% | 0.32% |
| Financial Services | 23.45% | 0.00% | 48.86% | 35.68% |
| Industrials | 15.28% | 0.00% | 43.53% | 6.40% |
| Technology | 14.55% | 0.00% | 47.50% | 88.80% |
| Energy | 7.22% | 0.00% | 24.80% | 13.76% |
| Consumer Cyclical | 6.29% | 0.00% | 48.94% | 95.52% |
| Consumer Defense | 2.88% | 0.00% | 25.90% | 91.52% |
| Communication Services | 2.13% | 0.00% | 39.29% | 96.32% |
| Healthcare | 1.99% | 0.00% | 16.53% | 79.36% |
| Utilities | 0.12% | 0.00% | 39.12% | 67.20% |
| Real Estate | 0.01% | 0.00% | 17.15% | 84.16% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | OEQAX % Rank | |
|---|---|---|---|---|
| Non US | 74.95% | 0.00% | 100.93% | 84.23% |
| US | 21.50% | 0.00% | 96.45% | 13.41% |
OEQAX - Expenses
Operational Fees
| OEQAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.50% | 0.02% | 26.99% | 33.07% |
| Management Fee | 0.90% | 0.00% | 1.50% | 58.14% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 33.72% |
| Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
| OEQAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 4.75% | 3.50% | 5.75% | 84.81% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| OEQAX 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.
| OEQAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 49.00% | 0.00% | 189.00% | 56.80% |
OEQAX - Distributions
Dividend Yield Analysis
| OEQAX | Category Low | Category High | OEQAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.47% | 0.00% | 9.74% | 31.86% |
Dividend Distribution Analysis
| OEQAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| OEQAX | Category Low | Category High | OEQAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | -1.98% | 17.62% | N/A |
Capital Gain Distribution Analysis
| OEQAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 26, 2025 | $0.183 | OrdinaryDividend |
| Dec 27, 2024 | $0.168 | OrdinaryDividend |
| Dec 14, 2023 | $0.200 | OrdinaryDividend |
| Dec 15, 2022 | $0.177 | OrdinaryDividend |
OEQAX - Fund Manager Analysis
Managers
Frank Carroll
Start Date
Tenure
Tenure Rank
May 03, 2021
1.08
1.1%
Prior to joining Oaktree in 1999, Mr. Carroll was the head of trading for Columbus Advisors LLC, where he worked for two years. Mr. Carroll was previously the Head Trader for Latin American Fixed Income at Banco Santander and Bankers Trust. For six years prior to joining Bankers Trust, Mr. Carroll was an emerging markets trader for Salomon Brothers Inc. He received a B.A. degree in history from Fairfield University. Mr. Carroll is currently the co-chair of Oaktree’s ESG Governance Committee, Chairman of Fairfield’s Board of Trustees as well as a Trustee at Brunswick School in Greenwich, Connecticut.
Janet Wang
Start Date
Tenure
Tenure Rank
May 03, 2021
1.08
1.1%
Ms. Wang is a managing director and a co-portfolio manager for Oaktree’s Emerging Markets Equity strategy. She has covered a range of sectors at Oaktree including energy, cement, chemicals, consumer and utilities. Ms. Wang also contributed to the development of the Emerging Markets Equity team’s Environmental, Social and Governance (ESG) process and is a longtime member of Oaktree’s Diversity and Inclusion (D&I) Awareness team, having co-led the group from 2017 to 2019. Before joining Oaktree in 2002, Ms. Wang worked for ABN Amro Asia as a research assistant, covering the building materials and airline sectors. Prior thereto, she worked for Evergreen Funds in the Institutional Services department where she served as an institutional services representative. Ms. Wang holds a B.S. degree in finance and marketing from Boston College and an M.B.A. with a concentration in finance from Columbia Business School. She is fluent in Mandarin.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.79 | 13.42 |