William Blair Emerging Markets Leaders Fund Class N (WELNX)

Fund Assets	93.26M
Expense Ratio	1.228%
Min. Investment	$2,500
Turnover	79.00%
Dividend (ttm)	0.08
Dividend Yield	0.64%
Dividend Growth	1,127.39%
Payout Frequency	Annual
Ex-Dividend Date	Dec 18, 2025

Previous Close	12.43
YTD Return	4.77%
1-Year Return	8.02%
5-Year Return	4.08%
52-Week Low	10.96
52-Week High	14.03
Beta (5Y)	0.77
Holdings	68
Inception Date	May 3, 2010

About WELNX

The William Blair Emerging Markets Leaders Fund Class N is an actively managed mutual fund dedicated to capturing growth opportunities within emerging markets. The fund's primary objective is to invest in companies that demonstrate prominent leadership positions or strong competitive advantages in their respective sectors across emerging economies. Notably, the fund holds a diversified portfolio, including significant allocations to technology, financial services, and consumer-related industries, as evidenced by top holdings such as Taiwan Semiconductor Manufacturing and leading banks in Asia. With assets totaling approximately $160 million, the fund seeks to capitalize on the dynamism and expansion potential of emerging market regions, targeting sectors expected to benefit from rising consumption and industrialization trends. The strategy involves thorough fundamental analysis to identify companies with robust growth prospects, resilient profitability, and enduring business models. By focusing on established leaders, the fund aims to offer investors exposure to the broader emerging markets growth story while managing risk through diversification and selective stock picking. Its role in the financial market is to connect investors to emerging market equities that may provide higher long-term growth potential compared to developed markets, while maintaining an emphasis on quality and sustainability among portfolio companies.

• Fund Family: William Blair
• Category: Diversified Emerging Mkts
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: WELNX
• Share Class: Class N
• Index: MSCI EM (Emerging Markets) NR USD

Performance

WELNX had a total return of 8.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.07%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FGOMX	Fidelity	Strategic Advisers Fidelity Emerging Markets Fund	0.29%
FPADX	Fidelity	Fidelity Emerging Markets Index Fund	0.08%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
WELIX	Class R6	0.94%
WBELX	Class I	0.99%

Top 10 Holdings

41.13% of assets

Name	Symbol	Weight
Taiwan Semiconductor Manufacturing Company Limited	2330	9.85%
Taiwan Semiconductor Manufacturing Company Limited	TSM	7.28%
Samsung Electronics Co., Ltd.	005930	5.88%
Tencent Holdings Limited	0700	4.18%
SK Square Co., Ltd.	402340	3.37%
SK hynix Inc.	000660	2.51%
Fixed Inc Clearing Corp.Repo	n/a	2.13%
Contemporary Amperex Technology Co., Limited	300750	2.12%
Bajaj Finance Limited	BAJFINANCE	1.96%
ASE Technology Holding Co., Ltd.	3711	1.86%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 18, 2025	$0.07708	Dec 19, 2025
Dec 19, 2024	$0.00628	Dec 20, 2024
Dec 14, 2023	$0.05347	Dec 15, 2023
Dec 15, 2022	$0.08223	Dec 16, 2022
Dec 16, 2021	$0.88912	Dec 17, 2021
Dec 17, 2020	$0.11075	Dec 18, 2020

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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