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Trending ETFs

Jensen Global Quality Growth Fund

mutual fund
JGQYX
Payout Change
Pending
Price as of:
$17.46 +0.0 +0.0%
primary theme
N/A
share class
Y (JGQYX) I (JGQIX) J (JGQSX)
JGQYX (Mutual Fund)

Jensen Global Quality Growth Fund

Payout Change
Pending
Price as of:
$17.46 +0.0 +0.0%
primary theme
N/A
share class
Y (JGQYX) I (JGQIX) J (JGQSX)
JGQYX (Mutual Fund)

Jensen Global Quality Growth Fund

Payout Change
Pending
Price as of:
$17.46 +0.0 +0.0%
primary theme
N/A
share class
Y (JGQYX) I (JGQIX) J (JGQSX)

Name

As of 12/06/2024

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

Jensen Global Quality Growth Fund

JGQYX | Fund

$17.46

$49.5 M

0.37%

$0.06

1.27%

Vitals

YTD Return

13.8%

1 yr return

16.5%

3 Yr Avg Return

4.0%

5 Yr Avg Return

N/A

Net Assets

$49.5 M

Holdings in Top 10

47.0%

52 WEEK LOW AND HIGH

$17.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.27%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 4.05%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/06/2024

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

Jensen Global Quality Growth Fund

JGQYX | Fund

$17.46

$49.5 M

0.37%

$0.06

1.27%

JGQYX - Profile

Distributions

  • YTD Total Return 13.8%
  • 3 Yr Annualized Total Return 4.0%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.83%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Jensen Global Quality Growth Fund
  • Fund Family Name
    Jensen
  • Inception Date
    Apr 15, 2020
  • Shares Outstanding
    2427080
  • Share Class
    Y
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Kevin Walkush

Fund Description

The Fund’s approach to investing focuses on companies determined by the Adviser to have a record of achieving a high level of business performance over the long term and which are, in the opinion of the Adviser, well positioned to maintain competitive advantages and continued high returns on equity and free cash flow. Under normal circumstances, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in U.S. and foreign equity securities of companies meeting the criteria for quality and growth as determined by the Adviser. The Adviser considers a company to be a “growth” company if it is determined by the Adviser to have above-average potential for growth in revenue, earnings, or cash flow. Additionally, the Adviser seeks companies that display positive
performance in a variety of historical and future performance measurements, relative to the overall U.S. equity market, over a period of time. Examples of such characteristics include:
1.    Projected earnings growth based on expected five- to ten-year annual increase in operating earnings per share.
2.    Trailing revenue growth based on annualized revenue growth for the previous five to ten years.
3.    Trailing earnings growth based on annualized earnings per share growth for the previous five to ten years.
4.    The company’s ability to grow its business from free cash flow over an extended period of time.
The list above is not exclusive and there is no single factor that is determinative of whether the Adviser considers a company to be a “growth” company.
The Adviser considers a company to be a “quality” company if it possesses competitive advantages as evidenced by generating a return on equity of 15% or greater for at least ten consecutive fiscal years as determined by the Adviser.
The Fund will invest in equity securities of approximately 25 to 40 U.S. and foreign companies that satisfy the Adviser’s investment criteria of “growth” and “quality”. Equity securities in which the Fund invests as a principal strategy consist of publicly traded companies around the world, including securities issued by corporations located in developing or emerging markets. Generally, each company in which the Fund invests must, as determined by the Adviser: (1) have consistently achieved a high return on equity over the prior ten fiscal years; (2) be in excellent financial condition; and (3) be capable of sustaining outstanding business performance. The Adviser determines on an annual basis the companies that qualify for inclusion in the Fund’s investable universe. These companies are selected from a universe of companies that, as determined by the Adviser, have produced long-term records of consistently high returns on shareholder equity. In order to qualify for this universe, each company must have a market capitalization of $1 billion or more.
The Fund must always own the securities of a minimum of 15 different companies in its portfolio. The Fund strives to essentially be fully invested at all times in publicly traded common stocks and other eligible equity securities issued by companies that meet the investment criteria described in this Prospectus. The Fund’s investments in other eligible equity securities may include depositary receipts, such as American Depositary Receipts (“ADRs”), European Depositary Receipts (“EDRs”), Global Depositary Receipts (GDRs”), or other forms of depositary receipts. The Fund typically invests in securities of issuers from at least three or more countries, including the United States, with at least 40% of the Fund’s net assets invested in foreign securities. In making a determination of whether
an issuer will be classified as “domestic” or “foreign,” the Adviser will generally look to the location of the issuer’s primary stock listing and/or regulatory filings. However, in some cases, it may consider other factors, such as the location of the issuer’s headquarters and senior management.
The Fund may purchase securities when they are priced below their full values as determined by the Adviser. The Fund may sell all or part of its position in a company when the Adviser has determined that another qualifying security has a greater opportunity to achieve the Fund’s objective. In addition, the Fund generally sells its position in a company when the company no longer meets one or more of the Fund’s investment criteria. In the event that the company no longer satisfies the investment criteria and the failure is due to an extraordinary situation that the Adviser believes will not have a material adverse impact on the company’s operating performance, the Fund may continue to hold and invest in the company.
The Fund is non-diversified, which means that a relatively high percentage of its assets may be invested in a limited number of securities.
Read More

JGQYX - Performance

Return Ranking - Trailing

Period JGQYX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.8% -35.6% 29.2% 60.18%
1 Yr 16.5% 17.3% 252.4% N/A
3 Yr 4.0%* -3.5% 34.6% N/A
5 Yr N/A* 0.1% 32.7% N/A
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Return Ranking - Calendar

Period JGQYX Return Category Return Low Category Return High Rank in Category (%)
2023 16.6% -24.3% 957.1% N/A
2022 -17.9% -38.3% 47.1% N/A
2021 23.8% -54.2% 0.6% N/A
2020 N/A -76.0% 54.1% N/A
2019 N/A -26.1% 47.8% N/A

Total Return Ranking - Trailing

Period JGQYX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.8% -35.6% 29.2% 60.74%
1 Yr 16.5% 11.4% 252.4% N/A
3 Yr 4.0%* -3.5% 34.6% N/A
5 Yr N/A* 0.1% 32.7% N/A
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Total Return Ranking - Calendar

Period JGQYX Return Category Return Low Category Return High Rank in Category (%)
2023 17.3% -24.3% 957.1% N/A
2022 -17.3% -33.1% 47.1% N/A
2021 24.4% -44.4% 1.8% N/A
2020 N/A -6.5% 54.1% N/A
2019 N/A -14.4% 47.8% N/A

NAV & Total Return History

JGQYX - Holdings

Concentration Analysis

JGQYX Category Low Category High JGQYX % Rank
Net Assets 49.5 M 199 K 133 B 89.25%
Number of Holdings 33 1 9075 87.00%
Net Assets in Top 10 28.3 M -18 M 37.6 B 84.47%
Weighting of Top 10 46.98% 9.1% 100.0% 28.49%

Top 10 Holdings

  1. Microsoft Corp 6.42%
  2. Taiwan Semiconductor Manufacturing Co Ltd 5.77%
  3. Accenture PLC 5.29%
  4. Aon PLC 5.00%
  5. SAP SE 4.79%
  6. Alphabet Inc 4.56%
  7. Compass Group PLC 4.35%
  8. Apple Inc 3.91%
  9. PepsiCo Inc 3.46%
  10. ASML Holding NV 3.43%

Asset Allocation

Weighting Return Low Return High JGQYX % Rank
Stocks 		98.61% 61.84% 125.47% 27.75%
Cash 		1.39% -174.70% 23.12% 66.30%
Preferred Stocks 		0.00% -0.01% 5.28% 18.83%
Other 		0.00% -13.98% 19.14% 28.08%
Convertible Bonds 		0.00% 0.00% 4.46% 9.36%
Bonds 		0.00% -1.50% 161.67% 13.55%

Stock Sector Breakdown

Weighting Return Low Return High JGQYX % Rank
Technology 		25.54% 0.00% 49.87% 23.90%
Healthcare 		19.82% 0.00% 35.42% 9.58%
Consumer Cyclical 		18.77% 0.00% 40.94% 31.94%
Industrials 		17.07% 0.00% 44.06% 7.27%
Consumer Defense 		11.12% 0.00% 73.28% 13.33%
Communication Services 		5.68% 0.00% 57.66% 63.88%
Financial Services 		2.00% 0.00% 38.42% 94.93%
Utilities 		0.00% 0.00% 29.12% 70.04%
Real Estate 		0.00% 0.00% 39.48% 75.22%
Energy 		0.00% 0.00% 21.15% 66.63%
Basic Materials 		0.00% 0.00% 38.60% 86.56%

Stock Geographic Breakdown

Weighting Return Low Return High JGQYX % Rank
US 		63.79% 0.13% 103.82% 21.48%
Non US 		34.81% 0.58% 99.46% 72.58%

JGQYX - Expenses

Operational Fees

JGQYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.27% 0.01% 44.27% 0.57%
Management Fee 0.75% 0.00% 1.82% 53.61%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.76% N/A

Sales Fees

JGQYX 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

JGQYX 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.

JGQYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 4.05% 0.00% 395.00% N/A

JGQYX - Distributions

Dividend Yield Analysis

JGQYX Category Low Category High JGQYX % Rank
Dividend Yield 0.37% 0.00% 3.26% 4.81%

Dividend Distribution Analysis

JGQYX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Annually Annually

Net Income Ratio Analysis

JGQYX Category Low Category High JGQYX % Rank
Net Income Ratio 0.83% -4.27% 12.65% 15.23%

Capital Gain Distribution Analysis

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

Distributions History

View More +

JGQYX - Fund Manager Analysis

Managers

Kevin Walkush

Start Date

Tenure

Tenure Rank

Apr 15, 2020

2.13

2.1%

Joined the firm in 2007. Kevin conducts fundamental research on potential companies as well as monitors portfolio companies. He is also a voting member of the Investment Committee. Kevin joined Jensen from Morningstar where he held the position of Equity Analyst. In that role, Kevin provided equity research coverage of industrial, mining, and alternative energy stocks. Prior to Morningstar, he consulted for Lux Capital where he performed due diligence on investment candidates as well as prepared university based technology for commercialization. Kevin has also held various finance and operational roles at Amazon.com and Weyerhaeuser. He earned his BS in Chemical Engineering from Washington University in St. Louis and his MBA from the University of Michigan. He also serves on the Oregon Episcopal School Board of Trustees and Chairs the Board’s Investment Committee.

Eric Schoenstein

Start Date

Tenure

Tenure Rank

Apr 15, 2020

2.13

2.1%

Eric H. Schoenstein was appointed Director of Business Analysis of Jensen Investment Management, Inc. in September 2002. Mr. Schoenstein, a Vice President of Jensen Investment Management, Inc., has been a Managing Director of the firm since 2003 and has over 29 years of accounting and business analysis experience. He spent nearly fourteen years with Arthur Andersen LLP, as a Senior Audit Manager, providing a wide variety of services to clients of all sizes in both the public and private sectors. He earned a B.S. in Business Administration, with a focus in Accounting, from Oregon State University. Eric is currently serving as a trustee for the Oregon State University Foundation and is a past president of the Oregon State University Alumni Association. He serves as a director for the Western Golf Association, which administers and oversees the Evans Scholars Foundation and serves on the Executive Committee for the Oregon Golf Association, currently as its Treasurer and immediate past President.

Robert McIver

Start Date

Tenure

Tenure Rank

Apr 15, 2020

2.13

2.1%

Joined the firm in 2004. Along with his portfolio management responsibilities, Rob also serves as Jensen’s President and as a director of The Jensen Quality Growth Fund. For three years prior to joining Jensen, he was located in British Columbia, Canada where he managed two private companies. Rob has over 25 years of experience in the banking and investment businesses, including 10 years with Schroder Investment Management in London. He also served as Chief Investment Officer, Latin America for the Miami, Florida-based Schroder & Co. Trust Bank. Rob received a BA (Joint Honors) from the University of Nottingham.

Allen Bond

Start Date

Tenure

Tenure Rank

Apr 15, 2020

2.13

2.1%

Joined the firm in 2007. Allen is vice chairman of the Investment Committee and conducts fundamental research on potential companies as well as monitors portfolio companies. Allen joined Jensen from Washington Mutual where he held the position of Credit Analyst. In that role, Allen performed fundamental analysis on investment grade corporate bond issuers. Prior to Washington Mutual, he was a High Yield Credit Analyst and Trader for Columbia Management Group. Allen began his career as a Trader at Ferguson Wellman Capital Management. He earned a BS in Business and an MBA from the University of Oregon and is a CFA charterholder. Allen currently serves on the board of directors for the CFA Society of Portland.

Tenure Analysis

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

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