Address And Details

2005 Market St. , Philadelphia, PA 19103
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

To seek to provide capital appreciation. Ivy Pzena International Value Fund invests at least 80% of its net assets in equity securities of issuers located in, or with significant business, assets,or operations in, countries throughout the world other than the United States. In managing the Fund s assets, Pzena Investment Management, LLC (Pzena), the Fund s subadviser, looks to invest in companies from a universe generally consisting of the 1,500 largest non-U.S. companies that it believes are undervalued on the basis of current price to an estimated normal level of earnings. The Fund generally invests up to 10% of its portfolio in emerging markets. A company is considered to be located in an emerging market country if it is organized under the laws of, or has a principal office in, an emerging country; if it has a class of securities whose principal securities market is in an emerging country; if it derives 50% or more of its total revenue from goods produced, sales made or services provided in one or more emerging countries; or if it maintains 50% or more of its assets in one or more emerging countries. Pzena has discretion to determine which countries are regarded as emerging markets, although those classified by Morgan Stanley Capital International (MSCI) as emerging typically will be included, together with other countries having similar characteristics.

Net Asset Value

as of 5:48 PM ET 09/17/2021

Performance

  • 1 Week
  • -1.71%
  • 1 Month
  • -2.43%
  • 3 Months
  • -3.71%
  • 1 Yr Return
  • +29.70%
  • 5 Yr Return
  • +20.01%

Equity Sector Breakdown

IndustrialCyclical 25.62%
Finance 15.54%
RetailTrade 7.69%
NonDurables 6.90%
Technology 5.39%
Services 4.64%
Energy 4.60%
Health 3.93%
ConsumerDurables 3.65%
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 95.07%
ForeignStocks 85.82%
Preferred 2.65%
Cash 0.00%
Bonds 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 0.00

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -11.86 -10.66 -11.24
Beta 1.12 1.11 1.14
R Squared 0.78 0.74 0.72
Std Deviation 23.56 19.41 17.98
Sharpe Ratio 0.30 0.39 n/a

Purchase Information

as of 6:05 PM ET 09/16/2021
Minimum Initial n/a
Minimum Additional $0
Minimum Initial IRA $99

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +32.90%
  • +44.58%
+32.90% +44.58%
3 Year
  • +5.29%
  • +5.12%
+5.29% +5.12%
10 Year
  • +4.86%
  • +3.73%
+4.86% +3.73%
Life Of Fund
  • +4.80%
  • +4.83%
+4.80% +4.83%

Top 10 Holdings

Symbol Company Name % Of Assets
RXL:FP REXEL 4.03%
005490:K POSCO 3.08%
MAERSKB: AP MOLLER MAERSK AS 2.87%
1COV.DE COVESTRO AG 2.84%
V0001 COMPAGNIE GENERALE DES EST 2.73%
RDS.A ROYAL DUTCH SHELL PLC A 2.71%
BF.A BASF AG 2.66%
PCRFY PANASONIC CORP 2.64%
HNDAF HONDA MOTOR CO LTD 2.64%
ROG ROCHE HOLDING AG 2.63%

Recent Articles from TheStreet

9/11 Lead

Cramer’s Recollections of 9/11

A beautiful day in New York City, Then the Unimaginable

Hong Kong Stocks Slump On Tech Sector Worries As US Official Signals Flaws In China Trade Deal

Intraday Reversals Signal Struggles for Market

But James "Rev Shark" Deporre says the trading action is both normal, and appropriate for September, and he's been adding some names to his portfolio.

stocks market index sh

Cramer's Mad Money Recap: FedEx, Costco, Nike

Jim Cramer says this is a rough season for stock, and investors need to take defensive action.

anxiety grocery mask sh

Jensen: Economy Has a Bearish Outlook

Real Money's Bret Jensen says a slower-than-expected pandemic recovery is a warning for the stock market.

Pfizer vaccine Lead

FDA Panel Recommends Covid Booster Shots for 65, Older and Those at High Risk

Food and Drug Administration's advisory panel on Friday voted to recommend Covid-19 booster shots of the Pfizer vaccine for a limited section of the population.

Ford Lead

Stock Market Today With Jim Cramer: How to Trade Ford

Jim Cramer discusses Ford and the impact of the impending tax policy changes on the stock market.

Jim Cramer: Stay Long Thermo Fisher, Sell FEI

Thermo Fisher Climbs on Strong 2022 Guidance

Thermo Fisher expects revenue to increase 12% year over year next year to $40.3 billion.