Polen Emerging Markets Growth Fund Institutional Class (PGEIX)
| Fund Assets | 15.47M |
| Expense Ratio | 1.25% |
| Min. Investment | $100,000 |
| Turnover | 23.00% |
| Dividend (ttm) | 0.02 |
| Dividend Yield | 0.17% |
| Dividend Growth | 490.15% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 4, 2024 |
| Previous Close | 9.50 |
| YTD Return | 14.75% |
| 1-Year Return | 14.69% |
| 5-Year Return | n/a |
| 52-Week Low | 7.54 |
| 52-Week High | 9.60 |
| Beta (5Y) | 0.55 |
| Holdings | 34 |
| Inception Date | Oct 16, 2020 |
About PGEIX
Polen Emerging Markets Growth Fund Institutional Class is an open-end mutual fund specializing in equities from global emerging markets. Managed by Polen Capital Management, the fund primarily aims for long-term capital appreciation by investing at least 80% of its assets in stocks or equity-related securities of companies that either operate in, generate significant revenue from, or are domiciled within emerging market countries. This fund constructs a concentrated portfolio focusing on businesses with durable competitive advantages and the potential for superior and sustainable earnings growth. Its investment universe spans multiple sectors, with significant holdings in technology, communication services, financials, consumer cyclicals, and industrials. Notable investments include companies such as Tencent Music Entertainment Group, Taiwan Semiconductor Manufacturing, and HDFC Bank. The fund is benchmarked against the MSCI Emerging Markets Index and is categorized as a large-growth, diversified emerging markets portfolio. With a disciplined fundamental analysis approach and an emphasis on socially responsible investing, the Polen Emerging Markets Growth Fund Institutional Class plays a significant role for institutional investors seeking exposure to growth opportunities in dynamic and developing economies.
Performance
PGEIX had a total return of 14.69% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.62%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PGERX | Investor Class | 1.50% |
Top 10 Holdings
45.66% of assets| Name | Symbol | Weight |
|---|---|---|
| TSMC - Taiwan Semiconductor Manufacturing Co Ltd | 2330 | 6.49% |
| Tencent Music Entertainment Group | TME | 6.14% |
| Prosus NV | PRX | 5.40% |
| DNP Select Income Fund Inc. | DNP | 4.94% |
| HDFC Bank Ltd | HDFCB | 4.85% |
| InPost SA | INPST | 4.30% |
| NetEase Inc | 9999 | 3.58% |
| Wizz Air Holdings Plc | WIZZ | 3.49% |
| PDD Holdings Inc. | PDD | 3.25% |
| TOTVS SA | TOTS3 | 3.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 4, 2024 | $0.01617 | Dec 5, 2024 |
| Dec 6, 2023 | $0.00274 | Dec 7, 2023 |
| Dec 7, 2022 | $0.00665 | Dec 8, 2022 |