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Trending ETFs

Ariel Global Fund

mutual fund
AGLOX
Payout Change
Pending
Price as of:
$17.01 +0.07 +0.41%
primary theme
N/A
share class
AGLOX (Mutual Fund)

Ariel Global Fund

Payout Change
Pending
Price as of:
$17.01 +0.07 +0.41%
primary theme
N/A
share class
AGLOX (Mutual Fund)

Ariel Global Fund

Payout Change
Pending
Price as of:
$17.01 +0.07 +0.41%
primary theme
N/A
share class

Name

As of 12/03/2024

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

Ariel Global Fund

AGLOX | Fund

$17.01

$51.5 M

0.00%

1.36%

Vitals

YTD Return

9.6%

1 yr return

7.1%

3 Yr Avg Return

4.9%

5 Yr Avg Return

6.5%

Net Assets

$51.5 M

Holdings in Top 10

39.0%

52 WEEK LOW AND HIGH

$16.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.36%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 24.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/03/2024

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

Ariel Global Fund

AGLOX | Fund

$17.01

$51.5 M

0.00%

1.36%

AGLOX - Profile

Distributions

  • YTD Total Return 9.6%
  • 3 Yr Annualized Total Return 4.9%
  • 5 Yr Annualized Total Return 6.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.73%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Ariel Global Fund
  • Fund Family Name
    Ariel Investments
  • Inception Date
    Dec 30, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Rupal Bhansali

Fund Description

The Fund invests primarily in equity securities of both U.S. and foreign companies, including companies based in developed or emerging markets. It will invest in foreign companies directly by purchasing equity securities or indirectly through instruments such as American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”) that provide exposure to foreign companies. The Fund is permitted to invest in companies of any size, but typically will not invest in companies with market capitalizations below $3 billion. Under normal market conditions, the Fund will invest at least 40% of its assets in countries other than the U.S.
The Fund may use various derivative instruments, such as forward contracts, to gain or hedge exposure to certain types of securities or currencies. It may also use ETFs and other instruments to invest significant cash inflows in the market (i.e., reducing “cash drag”). The Fund may buy and sell currency on a spot basis (i.e., foreign currency trades that settle within two days) and enter into foreign currency forward contracts. Ariel uses these instruments primarily in an attempt
to reduce unintended tracking error versus the Fund’s primary benchmark, decrease the Fund’s exposure to changing security prices or foreign currency risk, or address other factors that affect security values.
The Fund’s strategy is rooted in the contrarian investment philosophy of Ariel Investments, LLC, which depends on four interrelated tenets: Active Patience®, Independent Thinking, Focused Expertise, and Bold Teamwork.
Active Patience. We seek to own undervalued, out‑of‑favor, quality businesses whose earnings power is not yet reflected in valuations. We strive to capitalize on price dislocations and short-term market inefficiencies to drive long-term capital appreciation and higher relative risk-adjusted returns compared to the benchmark over a full market cycle.
Independent Thinking. We focus on connecting information versus collecting information. We tap a variety of informational sources to form our own proprietary view of an industry and/or business. The goal is to build a ‘best ideas’ portfolio balanced by exposure limits for individual positions, industry and country weightings. Alpha is generated by having a correct, non‑consensus point of view. The primary reasons a stock will be sold are: (i) if its valuation reaches our investment goals, (ii) if a better opportunity for investment presents itself, or (iii) if there are material adverse changes to a company’s fundamentals.
Focused Expertise. Our investment process begins with clearly defined quantitative and fundamental screening parameters for idea generation. We seek to identify investment controversies and look for discernable investment catalysts signaling a significant inflection in the trajectory of the business, industry, economy and/or geopolitical situation. We consider a range of outcomes for a company’s earnings potential. We also integrate financially material and relevant environmental, social, and governance (“ESG”) risk factors and opportunities qualitatively into our research, and quantitatively in financial models with proprietary ESG ratings assigned to every holding. The Fund is a diversified Fund that will typically hold 45–75 securities in its portfolio.
Bold Teamwork. Validation teams are utilized for every company considered to help avoid blind spots in analysis and fully explore all points of view. The validation teams are typically comprised of three investment professionals with clearly defined roles who debate and critique the thesis, review the financial forecasts, and use that information to quantify upside potential and downside risk.
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AGLOX - Performance

Return Ranking - Trailing

Period AGLOX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.6% -35.6% 29.2% 84.90%
1 Yr 7.1% 17.3% 252.4% 97.05%
3 Yr 4.9%* -3.5% 34.6% 86.50%
5 Yr 6.5%* 0.1% 32.7% 90.47%
10 Yr 5.5%* -6.9% 18.3% N/A

* Annualized

Return Ranking - Calendar

Period AGLOX Return Category Return Low Category Return High Rank in Category (%)
2023 -5.8% -24.3% 957.1% 69.74%
2022 -9.9% -38.3% 47.1% 91.78%
2021 9.3% -54.2% 0.6% 11.17%
2020 6.8% -76.0% 54.1% 89.17%
2019 11.0% -26.1% 47.8% 47.37%

Total Return Ranking - Trailing

Period AGLOX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.6% -35.6% 29.2% 85.35%
1 Yr 7.1% 11.4% 252.4% 96.14%
3 Yr 4.9%* -3.5% 34.6% 84.79%
5 Yr 6.5%* 0.1% 32.7% 89.13%
10 Yr 5.5%* -6.9% 18.3% N/A

* Annualized

Total Return Ranking - Calendar

Period AGLOX Return Category Return Low Category Return High Rank in Category (%)
2023 6.2% -24.3% 957.1% 69.74%
2022 -5.5% -33.1% 47.1% 92.04%
2021 11.5% -44.4% 1.8% 11.84%
2020 7.7% -6.5% 54.1% 86.68%
2019 16.0% -14.4% 47.8% 41.15%

NAV & Total Return History


AGLOX - Holdings

Concentration Analysis

AGLOX Category Low Category High AGLOX % Rank
Net Assets 51.5 M 199 K 133 B 66.89%
Number of Holdings 56 1 9075 49.23%
Net Assets in Top 10 22.4 M -18 M 37.6 B 58.04%
Weighting of Top 10 38.96% 9.1% 100.0% 7.09%

Top 10 Holdings

  1. Check Point Software Technologies Ltd. ORD ILS0.01 5.48%
  2. Microsoft Corp. COM USD0.00000625 5.29%
  3. Compagnie Generale des Etablissements Michelin EUR0.50 (POST SUBDIVISION) 4.75%
  4. JD.com Inc. USD0.00002 A CLASS 4.58%
  5. Sanofi EUR2 3.63%
  6. Verizon Communications Inc. COM USD0.10 3.53%
  7. Fresenius Medical Care AG NPV 3.16%
  8. Taiwan Semiconductor Manufacturing Co., Ltd. TWD10 2.89%
  9. NetApp Inc. COM USD0.001 2.83%
  10. The Allstate Corporation COM USD0.01 2.82%

Asset Allocation

Weighting Return Low Return High AGLOX % Rank
Stocks
97.63% 61.84% 125.47% 83.92%
Cash
1.35% -174.70% 23.12% 9.69%
Preferred Stocks
0.96% -0.01% 5.28% 62.44%
Other
0.06% -13.98% 19.14% 66.08%
Convertible Bonds
0.00% 0.00% 4.46% 57.82%
Bonds
0.00% -1.50% 161.67% 59.58%

Stock Sector Breakdown

Weighting Return Low Return High AGLOX % Rank
Healthcare
27.02% 0.00% 35.42% 0.77%
Technology
17.34% 0.00% 49.87% 72.36%
Financial Services
14.21% 0.00% 38.42% 70.26%
Communication Services
13.02% 0.00% 57.66% 10.35%
Consumer Defense
10.40% 0.00% 73.28% 23.02%
Consumer Cyclical
8.55% 0.00% 40.94% 72.80%
Utilities
5.11% 0.00% 29.12% 12.11%
Real Estate
2.62% 0.00% 39.48% 52.31%
Industrials
1.72% 0.00% 44.06% 95.48%
Energy
0.00% 0.00% 21.15% 84.69%
Basic Materials
0.00% 0.00% 38.60% 93.83%

Stock Geographic Breakdown

Weighting Return Low Return High AGLOX % Rank
Non US
54.97% 0.58% 99.46% 10.13%
US
42.66% 0.13% 103.82% 91.30%

AGLOX - Expenses

Operational Fees

AGLOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.36% 0.01% 44.27% 35.23%
Management Fee 0.80% 0.00% 1.82% 74.40%
12b-1 Fee 0.25% 0.00% 1.00% 37.47%
Administrative Fee N/A 0.01% 0.76% N/A

Sales Fees

AGLOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

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

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.

AGLOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 0.00% 395.00% 24.43%

AGLOX - Distributions

Dividend Yield Analysis

AGLOX Category Low Category High AGLOX % Rank
Dividend Yield 0.00% 0.00% 3.26% 57.33%

Dividend Distribution Analysis

AGLOX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annually Annually

Net Income Ratio Analysis

AGLOX Category Low Category High AGLOX % Rank
Net Income Ratio 1.73% -4.27% 12.65% 23.86%

Capital Gain Distribution Analysis

AGLOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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AGLOX - Fund Manager Analysis

Managers

Rupal Bhansali


Start Date

Tenure

Tenure Rank

Dec 30, 2011

10.42

10.4%

Rupal Bhansali is chief investment officer and portfolio manager of Ariel’s international and global equity strategies. In this capacity, she oversees our global research effort and manages multi-billion dollar portfolios. She also co-manages our global concentrated strategy. Rupal joined Ariel in 2011 after 10 years with MacKay Shields where she was senior managing director, portfolio manager and head of international equities. Previously, she spent 5 years at Oppenheimer Capital, where she was responsible for international and global equity portfolios and was promoted to co-head of international equities. Additionally, Rupal has held various roles at other financial services firms since she began her career in 1989, including Soros Fund Management. In 2009, Forbes International Investment Report named her a “Global Guru,” in 2015, Barron’s recognized her as a “Global Contrarian,” and in 2017 PBS’s Consuelo Mack referred to her as an “unconventional thinker.” In January 2019, Rupal became the newest member of the prestigious Barron’s Investment Roundtable, which showcases “10 of Wall Street’s smartest investors.” She is a frequent guest on Bloomberg, CNBC and Fox Business News, and authored the book, Non-Consensus Investing: Being Right When Everyone Else Is Wrong. Rupal is an FSA credential holder, which is administered by the Sustainability Accounting Standards Board (SASB). Fluent in several Indian languages including Hindi, Rupal earned a Bachelor of Commerce in accounting and finance, as well as a Master of Commerce in international finance and banking from the University of Mumbai. She later earned an MBA in finance from the University of Rochester, where she was a Rotary Foundation Scholar.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25