Brandes International Small Cap Equity Fund Class I (BISMX)
| Fund Assets | 1.03B |
| Expense Ratio | 1.11% |
| Min. Investment | $100,000 |
| Turnover | 16.60% |
| Dividend (ttm) | 0.70 |
| Dividend Yield | 5.48% |
| Dividend Growth | n/a |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 12.61 |
| YTD Return | -30.99% |
| 1-Year Return | -28.11% |
| 5-Year Return | 64.93% |
| 52-Week Low | 12.68 |
| 52-Week High | 25.13 |
| Beta (5Y) | n/a |
| Holdings | 74 |
| Inception Date | Jan 31, 2012 |
About BISMX
The Brandes International Small Cap Equity Fund Class I is a mutual fund focused on achieving long-term capital appreciation by investing primarily in equity securities of small-cap companies located outside the United States. The fund targets firms with market capitalizations of $7.5 billion or less at the time of investment, spanning at least three non-U.S. countries. It employs a value-oriented strategy, seeking securities the investment team believes are undervalued based on fundamental analysis. The portfolio may include common and preferred stocks, real estate investment trusts (REITs), warrants, and rights, with up to 30% of its assets eligible for investment in emerging and frontier markets, which tend to exhibit higher volatility and risk alongside potential rewards. The fund maintains significant allocation to sectors such as industrials, consumer staples, healthcare, and financials, and typically has a concentrated top holdings profile. Designed for institutional investors, it features a relatively high minimum investment and falls within the foreign small/mid value category. The fund’s role is to provide investors with diversified exposure to undervalued international small-cap equities, making it a distinctive vehicle for accessing less-followed segments of the global equity market.
Performance
BISMX had a total return of -28.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.73%.
Top 10 Holdings
29.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Embraer S.A. COM NPV | ERJAF | 3.96% |
| CAE Inc. | CAE | 3.06% |
| Millicom International Cellular S.A. | TIGO | 2.95% |
| Fibra UNO | FBASF | 2.83% |
| Linea Directa Aseguradora S.A. EUR0.04 | LNDAF | 2.81% |
| Northern Institutional Funds - Treasury Portfolio | NTPXX | 2.77% |
| Montana Aerospace AG | MTASF | 2.77% |
| C&C Group plc | CGPZF | 2.75% |
| S-1 Corporation KRW500 | SCPUF | 2.73% |
| Vicat S.A. | SDCVF | 2.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.33279 | Jun 30, 2025 |
| Dec 31, 2024 | $0.30634 | Dec 31, 2024 |
| Sep 30, 2024 | $0.05613 | Sep 30, 2024 |
| Jun 28, 2024 | $0.23632 | Jun 28, 2024 |