Home
Guide
Picks
High Yield
Dates
Monthly
Screener
Resources
ESG
Retire
Channels
Continue to site >
Trending ETFs

BRANDES EMERGING MARKETS VALUE FUND

mutual fund
BEMRX
Payout Change
Pending
Price as of:
$8.68 +0.03 +0.35%
primary theme
Emerging Markets Equity
share class
I (BEMIX) R6 (BEMRX) C (BEMCX) A (BEMAX)
BEMRX (Mutual Fund)

BRANDES EMERGING MARKETS VALUE FUND

Payout Change
Pending
Price as of:
$8.68 +0.03 +0.35%
primary theme
Emerging Markets Equity
share class
I (BEMIX) R6 (BEMRX) C (BEMCX) A (BEMAX)
BEMRX (Mutual Fund)

BRANDES EMERGING MARKETS VALUE FUND

Payout Change
Pending
Price as of:
$8.68 +0.03 +0.35%
primary theme
Emerging Markets Equity
share class
I (BEMIX) R6 (BEMRX) C (BEMCX) A (BEMAX)

Name

As of 12/20/2024

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

BRANDES EMERGING MARKETS VALUE FUND

BEMRX | Fund

$8.68

$659 M

2.27%

$0.20

1.09%

Vitals

YTD Return

6.0%

1 yr return

7.8%

3 Yr Avg Return

4.1%

5 Yr Avg Return

1.3%

Net Assets

$659 M

Holdings in Top 10

37.5%

52 WEEK LOW AND HIGH

$8.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.09%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 34.97%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/20/2024

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

BRANDES EMERGING MARKETS VALUE FUND

BEMRX | Fund

$8.68

$659 M

2.27%

$0.20

1.09%

BEMRX - Profile

Distributions

  • YTD Total Return 6.0%
  • 3 Yr Annualized Total Return 4.1%
  • 5 Yr Annualized Total Return 1.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.32%
DIVIDENDS
  • Dividend Yield 2.3%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    BRANDES EMERGING MARKETS VALUE FUND
  • Fund Family Name
    Brandes Funds
  • Inception Date
    Jul 11, 2016
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • 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 Adviser defines a company as “active mainly in emerging markets” if the company has greater than 80% of revenues, profits, or assets derived from, or business activity (including investments made and services performed) in, 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 Adviser 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 Adviser, 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 Fund may invest in and have direct access to China A shares listed on the Shanghai Stock Exchange (“SSE”) via the Shanghai-Hong Kong Stock Connect and Shenzhen Hong Kong Stock Connect Schemes. The Fund may indirectly gain access to China A Shares by purchasing equity-related instruments, participation notes and participatory certificates.
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 Adviser’s assessment of the quantity and quality of investment opportunities that exist at any given time, and may at times be relatively high.
The Adviser 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 Adviser 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 Adviser’s estimates of the underlying company’s intrinsic value, the Adviser seeks to establish an opportunity for long-term capital appreciation. The Adviser may sell a security when its price reaches the Adviser’s estimate of the underlying company’s intrinsic value, the Adviser believes that other investments are more attractive, or for other reasons.
Read More

BEMRX - Performance

Return Ranking - Trailing

Period BEMRX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.0% -14.4% 32.8% 61.00%
1 Yr 7.8% -11.0% 33.3% 54.29%
3 Yr 4.1%* -13.3% 10.8% 3.99%
5 Yr 1.3%* -7.1% 10.2% 57.10%
10 Yr N/A* -1.4% 8.5% 94.97%

* Annualized

Return Ranking - Calendar

Period BEMRX Return Category Return Low Category Return High Rank in Category (%)
2023 19.6% -6.5% 35.5% 6.28%
2022 -18.3% -50.1% -2.4% 11.05%
2021 -0.3% -33.1% 22.5% 25.12%
2020 -7.7% -22.1% 80.1% 98.53%
2019 15.7% -0.7% 42.0% 66.89%

Total Return Ranking - Trailing

Period BEMRX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.0% -14.4% 32.8% 61.00%
1 Yr 7.8% -11.0% 33.3% 54.29%
3 Yr 4.1%* -13.3% 10.8% 3.99%
5 Yr 1.3%* -7.1% 10.2% 57.10%
10 Yr N/A* -1.4% 8.5% 94.75%

* Annualized

Total Return Ranking - Calendar

Period BEMRX Return Category Return Low Category Return High Rank in Category (%)
2023 25.5% -1.0% 42.0% 2.14%
2022 -15.0% -42.2% 1.9% 10.01%
2021 1.9% -32.5% 33.1% 33.07%
2020 -5.4% -20.0% 81.6% 98.69%
2019 19.0% 2.3% 42.0% 63.51%

NAV & Total Return History

BEMRX - Holdings

Concentration Analysis

BEMRX Category Low Category High BEMRX % Rank
Net Assets 659 M 682 K 111 B 43.59%
Number of Holdings 62 9 7534 79.49%
Net Assets in Top 10 258 M 290 K 23.8 B 40.31%
Weighting of Top 10 37.46% 2.9% 101.1% 35.66%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co., Ltd. TWD10 8.50%
  2. Alibaba Group Holding Ltd. USD0.000003125 4.62%
  3. Samsung Electronics Co Ltd. KRW100 4.51%
  4. Embraer S.A. SPON ADS EACH REP 4 ORD SHS 4.01%
  5. Erste Group Bank AG NPV 3.15%
  6. HDFC Bank Ltd. INR1 3.07%
  7. Bank Rakyat Indonesia (Persero) Tbk IDR50 2.62%
  8. Contemporary Amperex Technology Co Ltd. 'A' CNY1 2.47%
  9. Petroleo Brasileiro SA PRF NPV 2.36%
  10. Wilmar International Ltd. NPV 2.14%

Asset Allocation

Weighting Return Low Return High BEMRX % Rank
Stocks 		95.40% 0.00% 103.28% 74.79%
Preferred Stocks 		2.36% 0.00% 13.31% 15.95%
Cash 		2.24% -2.03% 98.08% 40.46%
Other 		0.00% -1.11% 39.53% 58.69%
Convertible Bonds 		0.00% 0.00% 7.40% 44.05%
Bonds 		0.00% 0.00% 95.13% 49.15%

Stock Sector Breakdown

Weighting Return Low Return High BEMRX % Rank
Technology 		20.42% 0.00% 47.50% 64.36%
Financial Services 		18.16% 0.00% 48.86% 72.87%
Consumer Cyclical 		17.15% 0.00% 48.94% 16.45%
Consumer Defense 		10.84% 0.00% 25.90% 10.68%
Communication Services 		9.98% 0.00% 39.29% 36.80%
Industrials 		7.59% 0.00% 43.53% 28.72%
Real Estate 		5.72% 0.00% 17.15% 6.64%
Basic Materials 		4.56% 0.00% 30.03% 76.19%
Energy 		2.84% 0.00% 24.80% 67.97%
Healthcare 		2.04% 0.00% 16.53% 77.63%
Utilities 		0.70% 0.00% 39.12% 63.06%

Stock Geographic Breakdown

Weighting Return Low Return High BEMRX % Rank
Non US 		82.56% 0.00% 100.52% 61.97%
US 		12.85% 0.00% 100.95% 39.32%

BEMRX - Expenses

Operational Fees

BEMRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.09% 0.03% 29.98% 68.29%
Management Fee 0.95% 0.00% 2.00% 67.62%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.03% 0.01% 0.85% 5.66%

Sales Fees

BEMRX 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

BEMRX 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.

BEMRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 34.97% 0.00% 189.00% 33.22%

BEMRX - Distributions

Dividend Yield Analysis

BEMRX Category Low Category High BEMRX % Rank
Dividend Yield 2.27% 0.00% 9.74% 6.70%

Dividend Distribution Analysis

BEMRX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Quarterly Quarterly

Net Income Ratio Analysis

BEMRX Category Low Category High BEMRX % Rank
Net Income Ratio 2.32% -1.98% 17.62% 11.39%

Capital Gain Distribution Analysis

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

Distributions History

View More +

BEMRX - 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 6.68 13.42

Advertisement

×

Wait! Rates are rising, is your portfolio ready?

×