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Trending ETFs

abrdn Emerging Markets Ex-China Fund

mutual fund
GLLSX
Payout Change
Pending
Price as of:
$12.76 +0.17 +1.35%
primary theme
Emerging Markets Equity
share class
Instl (GWLIX) A (GLLAX) R (GWLRX) Instl (GLLSX) C (GLLCX)
GLLSX (Mutual Fund)

abrdn Emerging Markets Ex-China Fund

Payout Change
Pending
Price as of:
$12.76 +0.17 +1.35%
primary theme
Emerging Markets Equity
share class
Instl (GWLIX) A (GLLAX) R (GWLRX) Instl (GLLSX) C (GLLCX)
GLLSX (Mutual Fund)

abrdn Emerging Markets Ex-China Fund

Payout Change
Pending
Price as of:
$12.76 +0.17 +1.35%
primary theme
Emerging Markets Equity
share class
Instl (GWLIX) A (GLLAX) R (GWLRX) Instl (GLLSX) C (GLLCX)

Name

As of 12/11/2024

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

abrdn Emerging Markets Ex-China Fund

GLLSX | Fund

$12.76

$63.2 M

0.74%

$0.09

2.00%

Vitals

YTD Return

4.9%

1 yr return

10.8%

3 Yr Avg Return

3.1%

5 Yr Avg Return

8.9%

Net Assets

$63.2 M

Holdings in Top 10

37.4%

52 WEEK LOW AND HIGH

$12.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.00%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 21.98%

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 12/11/2024

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

abrdn Emerging Markets Ex-China Fund

GLLSX | Fund

$12.76

$63.2 M

0.74%

$0.09

2.00%

GLLSX - Profile

Distributions

  • YTD Total Return 4.9%
  • 3 Yr Annualized Total Return 3.1%
  • 5 Yr Annualized Total Return 8.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.12%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    abrdn Emerging Markets Ex-China Fund
  • Fund Family Name
    abrdnfunds
  • Inception Date
    Jun 26, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Kristy Fong

Fund Description

The Emerging Markets ex-China Fund will invest primarily in common stocks, but may also invest in other types of equity securities, including, but not limited to, preferred stock and depositary receipts. As a non-fundamental policy, under normal circumstances, the Fund invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in equity securities of emerging market (excluding China) companies. An emerging market (excluding China) country is any country determined by the Adviser or abrdn Investments Limited (the “Sub-adviser”) to have an emerging market economy, considering factors such as the country’s credit rating, its political and economic stability and the development of its financial and capital markets. Emerging market (excluding China) countries include every nation in the world except the United States, United Kingdom, Canada, Japan, Australia, New Zealand, Israel, Hong Kong, Singapore and most countries located in Western Europe. A company is considered to be an emerging market company if Fund management determines that the company meets one or more of the following criteria:
●
the company is organized under the laws of or has its principal office in an emerging market country (excluding China);
●
the company has its principal securities trading market in an emerging market country (excluding China); and/or
●
the company derives the majority of its annual revenue or earnings or assets from goods produced, sales made or services performed in an emerging market country (excluding China).
At times, the Fund may have a significant amount of its assets invested in a country or geographic region. The Fund currently anticipates that it will invest a significant amount of its assets in securities economically tied to India. The Fund may invest in securities denominated in U.S. Dollars and currencies of emerging market countries in which it is permitted to invest. The Fund typically has full currency exposure to those markets in which it invests.
The Fund may invest in securities of any market capitalization, including small and mid-cap securities.
The Fund may invest in securities of any market sector and may hold a significant amount of securities of companies, from time to time, within a single sector. The Fund currently anticipates that it will have significant exposure to the information technology and financials sectors.
In seeking to achieve the Fund’s investment objective, the Adviser and Sub-adviser invest in quality companies and are an active, engaged owners. The Adviser and Sub-adviser evaluate every company against quality criteria and build conviction using a team-based approach and peer review process. The quality assessment covers five key factors: 1) the durability of the business model, 2) the attractiveness of the industry, 3) the strength of financials, 4) the capability of management, and 5) the most material environmental, social and governance (“ESG”) factors impacting a company. As ESG information is just one investment consideration, ESG considerations generally are not solely determinative in any
investment decision made by the Adviser and Sub-adviser. Through fundamental research, supported by a global research presence, the Adviser and Sub-adviser seek to identify companies whose quality and future prospects are not yet fully recognized by the market.
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GLLSX - Performance

Return Ranking - Trailing

Period GLLSX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.9% -11.8% 40.0% 90.87%
1 Yr 10.8% -8.7% 41.1% 89.30%
3 Yr 3.1%* -11.5% 11.1% 12.11%
5 Yr 8.9%* -5.3% 12.2% 3.75%
10 Yr 7.1%* -1.2% 7.0% 2.02%

* Annualized

Return Ranking - Calendar

Period GLLSX Return Category Return Low Category Return High Rank in Category (%)
2023 20.4% -6.5% 35.5% 5.40%
2022 -40.4% -50.1% -2.4% 97.21%
2021 7.9% -33.1% 22.5% 6.37%
2020 15.9% -22.1% 80.1% 50.81%
2019 19.6% -0.7% 42.0% 44.03%

Total Return Ranking - Trailing

Period GLLSX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.9% -11.8% 40.0% 90.87%
1 Yr 10.8% -8.7% 41.1% 89.30%
3 Yr 3.1%* -11.5% 11.1% 12.11%
5 Yr 8.9%* -5.3% 12.2% 3.75%
10 Yr 7.1%* -1.2% 7.0% 2.02%

* Annualized

Total Return Ranking - Calendar

Period GLLSX Return Category Return Low Category Return High Rank in Category (%)
2023 21.3% -1.0% 42.0% 8.52%
2022 -23.2% -42.2% 1.9% 56.16%
2021 32.8% -32.5% 33.1% 0.62%
2020 15.9% -20.0% 81.6% 62.18%
2019 23.6% 2.3% 42.0% 32.61%

NAV & Total Return History

GLLSX - Holdings

Concentration Analysis

GLLSX Category Low Category High GLLSX % Rank
Net Assets 63.2 M 682 K 103 B 80.99%
Number of Holdings 75 2 7534 68.23%
Net Assets in Top 10 62.2 M 290 K 23.8 B 66.81%
Weighting of Top 10 37.36% 2.9% 101.1% 37.93%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co Ltd 13.08%
  2. Samsung Electronics Co Ltd 6.74%
  3. ICICI Bank Ltd 2.66%
  4. Power Grid Corp of India Ltd 2.47%
  5. ITC Ltd 2.26%
  6. Shinhan Financial Group Co Ltd 2.24%
  7. SBI Life Insurance Co Ltd 2.09%
  8. Chroma ATE Inc 2.02%
  9. HD Korea Shipbuilding Offshore Engineering Co Ltd 2.02%
  10. PRIO SA/Brazil 1.79%

Asset Allocation

Weighting Return Low Return High GLLSX % Rank
Stocks 		91.44% 0.00% 103.28% 91.63%
Preferred Stocks 		7.52% 0.00% 13.31% 1.70%
Cash 		1.44% -2.03% 100.35% 61.70%
Other 		0.00% -1.11% 39.53% 22.70%
Convertible Bonds 		0.00% 0.00% 7.40% 88.29%
Bonds 		0.00% 0.00% 95.13% 88.79%

Stock Sector Breakdown

Weighting Return Low Return High GLLSX % Rank
Technology 		34.58% 0.00% 47.50% 4.17%
Financial Services 		20.71% 0.00% 48.86% 59.34%
Basic Materials 		10.05% 0.00% 30.03% 29.31%
Consumer Defense 		7.31% 0.00% 25.90% 30.75%
Consumer Cyclical 		6.36% 0.00% 48.94% 94.40%
Healthcare 		5.50% 0.00% 16.53% 26.72%
Industrials 		5.48% 0.00% 43.53% 58.62%
Energy 		4.43% 0.00% 24.80% 48.71%
Utilities 		2.95% 0.00% 39.12% 21.84%
Communication Services 		2.07% 0.00% 39.29% 96.70%
Real Estate 		0.55% 0.00% 17.15% 71.84%

Stock Geographic Breakdown

Weighting Return Low Return High GLLSX % Rank
Non US 		77.41% 0.00% 100.52% 77.59%
US 		14.03% 0.00% 100.95% 36.17%

GLLSX - Expenses

Operational Fees

GLLSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.00% 0.03% 29.98% 21.05%
Management Fee 0.80% 0.00% 2.00% 39.49%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.25% 0.01% 0.85% 89.30%

Sales Fees

GLLSX 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

GLLSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 59.21%

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.

GLLSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.98% 0.00% 189.00% 17.48%

GLLSX - Distributions

Dividend Yield Analysis

GLLSX Category Low Category High GLLSX % Rank
Dividend Yield 0.74% 0.00% 9.74% 79.72%

Dividend Distribution Analysis

GLLSX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

GLLSX Category Low Category High GLLSX % Rank
Net Income Ratio -0.12% -1.98% 17.62% 79.97%

Capital Gain Distribution Analysis

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

Distributions History

View More +

GLLSX - Fund Manager Analysis

Managers

Kristy Fong

Start Date

Tenure

Tenure Rank

Feb 28, 2022

0.25

0.3%

Kristy Fong is an Investment Director on the Asian Equities Team at abrdn. Kristy joined the company in 2004 from UOB KayHian Pte Ltd where she was an Analyst. Kristy graduated with a BA (Hons) in Accountancy from Nanyang Technological University, Singapore and is a CFA® charterholder.

Nick Robinson

Start Date

Tenure

Tenure Rank

Feb 28, 2022

0.25

0.3%

Nick Robinson is a Senior Investment Director on the Global Emerging Markets Equity Team at abrdn. Nick joined the company in 2000 and spent eight years on the North American Equities team, including three years based in the company’s US offices. In 2008 he joined the Global Emerging Markets Equity team. Nick relocated to São Paulo in 2009 to start abrdn’s operations in Brazil. In 2016 he returned to London. Nick graduated with an MSc in Chemistry from Lincoln College, Oxford and is a CFA charterholder.

William Scholes

Start Date

Tenure

Tenure Rank

Feb 28, 2022

0.25

0.3%

William Scholes is an Investment Director on the Global Emerging Markets Equity team at abrdn. William joined Aberdeen Asset Management in 2009 on the graduate rotation scheme. William graduated with a BA (Hons) in Modern and Medieval Languages from Magdalen College, Oxford. He is a CFA charterholder. CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.67 13.42

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