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Trending ETFs

Seafarer Overseas Value Fund

mutual fund
SIVLX
Payout Change
Pending
Price as of:
$13.82 -0.01 -0.07%
primary theme
Emerging Markets Equity
SIVLX (Mutual Fund)

Seafarer Overseas Value Fund

Payout Change
Pending
Price as of:
$13.82 -0.01 -0.07%
primary theme
Emerging Markets Equity
SIVLX (Mutual Fund)

Seafarer Overseas Value Fund

Payout Change
Pending
Price as of:
$13.82 -0.01 -0.07%
primary theme
Emerging Markets Equity

Name

As of 12/11/2024

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

$13.82

$96.2 M

2.95%

$0.41

1.07%

Vitals

YTD Return

-0.9%

1 yr return

3.8%

3 Yr Avg Return

4.1%

5 Yr Avg Return

6.1%

Net Assets

$96.2 M

Holdings in Top 10

32.2%

52 WEEK LOW AND HIGH

$13.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.07%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 24.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$25,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/11/2024

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

$13.82

$96.2 M

2.95%

$0.41

1.07%

SIVLX - Profile

Distributions

  • YTD Total Return -0.9%
  • 3 Yr Annualized Total Return 4.1%
  • 5 Yr Annualized Total Return 6.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.19%
DIVIDENDS
  • Dividend Yield 2.9%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Seafarer Overseas Value Fund
  • Fund Family Name
    Financial Investors Trust
  • Inception Date
    May 31, 2016
  • Shares Outstanding
    3281514
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Paul Espinosa

Fund Description

Under normal market conditions, the Fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in common stocks, preferred stocks, warrants, and debt obligations of foreign companies (which the Fund regards as companies located outside the U.S.). For this purpose, the debt obligations in which the Fund may invest include corporate, government, agency, and convertible bonds.

The Fund’s portfolio is generally comprised of securities identified through a bottom-up security selection process based on thorough fundamental research. The Fund’s investment adviser, Seafarer, Capital Partners, LLC (“Seafarer” or the “Adviser”), intends to employ a “value” style of investing. A “value” style of investing emphasizes investing in companies that currently have low or depressed valuations, but which also have the prospect of achieving improved valuations in the future. The Fund seeks to produce a minimum long-term rate of return by investing in securities priced at a discount to their intrinsic value.

The Fund can invest without constraint in the securities of companies located in developing countries and territories. Seafarer considers that most nations in Africa, East and South Asia, Emerging Europe, Central and South America (“Latin America”), and the Middle East are developing countries.

Seafarer identifies developing countries based on its own analysis and measure of industrialization, economic growth, per capita income, and other factors; it may also consider classifications produced by the World Bank, the International Finance Corporation, the United Nations, and private financial services firms such as Bloomberg, Morningstar, FTSE, and MSCI. The Adviser believes most classification schemes classify developing countries as within emerging markets, although the specific countries within such category may vary.

The Fund may also invest in the securities of companies located in selected foreign developed nations and territories, which in the Adviser’s opinion have significant economic and financial linkages to developing countries. Currently, these nations and territories include Australia, Hong Kong, Ireland, Israel, Japan, New Zealand, Singapore, and the United Kingdom.

The Adviser determines a company’s location based on a number of factors. A company is generally regarded by the Adviser as being located in a particular country if the company: (i) is organized under the laws of, maintains its principal place of business in, or has, as its principal trading market for the company’s securities, the particular country; or (ii) derives 50% or more of its total revenue or profit from either goods or services produced or sales made in the particular country; or (iii) has more than 50% of its assets in the particular country.

Exposure to foreign companies through the Fund’s investments in depositary receipts will be included in the Fund’s percentage of total assets invested in foreign securities. The Fund may invest in foreign securities denominated in foreign currencies, may hold foreign currencies for the purpose of settling transactions for securities denominated in foreign currencies, and may receive dividends and interest income denominated in foreign currencies.

The Fund may typically invest in debt obligations of any quality or duration. Such debt obligations may include, but are not limited to, investments in below investment grade debt, also known as “junk bonds.” The Fund may allocate among equity and debt investments without limitation.

The Fund may invest in companies of any size or capitalization, including smaller companies. The Fund generally invests in companies with market capitalizations of $250 million or more at the time of purchase. The securities of certain issuers may from time to time constitute more than five percent (5%) of the Fund’s net assets.

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SIVLX - Performance

Return Ranking - Trailing

Period SIVLX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -11.8% 40.0% 97.29%
1 Yr 3.8% -8.7% 41.1% 97.57%
3 Yr 4.1%* -11.5% 11.1% 8.12%
5 Yr 6.1%* -5.3% 12.2% 21.66%
10 Yr N/A* -1.2% 7.0% N/A

* Annualized

Return Ranking - Calendar

Period SIVLX Return Category Return Low Category Return High Rank in Category (%)
2023 10.0% -6.5% 35.5% 35.37%
2022 -2.4% -50.1% -2.4% 0.15%
2021 6.2% -33.1% 22.5% 8.39%
2020 2.6% -22.1% 80.1% 91.56%
2019 18.3% -0.7% 42.0% 49.75%

Total Return Ranking - Trailing

Period SIVLX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -11.8% 40.0% 97.29%
1 Yr 3.8% -8.7% 41.1% 97.57%
3 Yr 4.1%* -11.5% 11.1% 8.12%
5 Yr 6.1%* -5.3% 12.2% 21.66%
10 Yr N/A* -1.2% 7.0% N/A

* Annualized

Total Return Ranking - Calendar

Period SIVLX Return Category Return Low Category Return High Rank in Category (%)
2023 13.3% -1.0% 42.0% 31.96%
2022 -0.7% -42.2% 1.9% 0.29%
2021 10.0% -32.5% 33.1% 11.80%
2020 4.0% -20.0% 81.6% 93.18%
2019 21.9% 2.3% 42.0% 44.03%

NAV & Total Return History


SIVLX - Holdings

Concentration Analysis

SIVLX Category Low Category High SIVLX % Rank
Net Assets 96.2 M 682 K 103 B 76.17%
Number of Holdings 41 2 7534 93.19%
Net Assets in Top 10 30.2 M 290 K 23.8 B 76.60%
Weighting of Top 10 32.25% 2.9% 101.1% 59.23%

Top 10 Holdings

  1. Petronet LNG, Ltd. 3.87%
  2. Qatar Gas Transport Co., Ltd. 3.52%
  3. Credicorp, Ltd. 3.38%
  4. Shangri-La Asia, Ltd. 3.29%
  5. Mondi PLC 3.24%
  6. Moneta Money Bank AS 3.11%
  7. Georgia Capital PLC 2.99%
  8. Pacific Basin Shipping, Ltd. 2.96%
  9. WH Group, Ltd. 2.95%
  10. Salik Co. PJSC 2.94%

Asset Allocation

Weighting Return Low Return High SIVLX % Rank
Stocks
97.38% 0.00% 103.28% 48.94%
Cash
2.45% -2.03% 100.35% 34.89%
Preferred Stocks
0.16% 0.00% 13.31% 52.62%
Other
0.00% -1.11% 39.53% 56.03%
Convertible Bonds
0.00% 0.00% 7.40% 42.29%
Bonds
0.00% 0.00% 95.13% 46.52%

Stock Sector Breakdown

Weighting Return Low Return High SIVLX % Rank
Consumer Defense
25.09% 0.00% 25.90% 0.86%
Industrials
24.24% 0.00% 43.53% 0.86%
Consumer Cyclical
13.00% 0.00% 48.94% 37.64%
Financial Services
11.11% 0.00% 48.86% 92.82%
Utilities
7.15% 0.00% 39.12% 1.29%
Basic Materials
6.10% 0.00% 30.03% 68.39%
Technology
3.58% 0.00% 47.50% 99.28%
Real Estate
3.52% 0.00% 17.15% 14.08%
Communication Services
3.26% 0.00% 39.29% 92.39%
Energy
2.96% 0.00% 24.80% 65.09%
Healthcare
0.00% 0.00% 16.53% 98.56%

Stock Geographic Breakdown

Weighting Return Low Return High SIVLX % Rank
Non US
74.93% 0.00% 100.52% 82.41%
US
22.45% 0.00% 100.95% 14.89%

SIVLX - Expenses

Operational Fees

SIVLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.07% 0.03% 29.98% 70.13%
Management Fee 0.73% 0.00% 2.00% 24.43%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.85% N/A

Sales Fees

SIVLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SIVLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 10.43%

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.

SIVLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 0.00% 189.00% 19.76%

SIVLX - Distributions

Dividend Yield Analysis

SIVLX Category Low Category High SIVLX % Rank
Dividend Yield 2.95% 0.00% 9.74% 22.13%

Dividend Distribution Analysis

SIVLX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

SIVLX Category Low Category High SIVLX % Rank
Net Income Ratio 2.19% -1.98% 17.62% 13.55%

Capital Gain Distribution Analysis

SIVLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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SIVLX - Fund Manager Analysis

Managers

Paul Espinosa


Start Date

Tenure

Tenure Rank

May 31, 2016

6.0

6.0%

Before joining Seafarer Capital Partners in 2014, Mr. Espinosa was a London-based equity research analyst at Legg Mason, where he focused on global emerging markets. Prior to joining Legg Mason, Mr. Espinosa performed the same function with the same team at Citigroup Asset Management. His previous experience includes equity research at J.P. Morgan Investment Management. Mr. Espinosa holds an A.B. in Economics with Honors from Brown University. He is a Chartered Financial Analyst.

Andrew Foster


Start Date

Tenure

Tenure Rank

May 31, 2016

6.0

6.0%

Andrew Foster is the Lead Portfolio Manager of the Seafarer Overseas Growth and Income Fund, and has been so since its inception in February 2012. He is the Co-Portfolio Manager of the Seafarer Overseas Value Fund, and has been so since its inception in May 2016. He is also the Chief Executive Officer and Chief Investment Officer of Seafarer Capital Partners, LLC, investment adviser to the Funds.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.67 13.42