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William Blair Institutional International Growth Fund
mutual fund
WBIIX
Payout Change
Pending
Price as of:
$15.23
-0.13
-0.85%
primary theme
International Large-Cap Growth Equity
share class
WBIIX (Mutual Fund)
William Blair Institutional International Growth Fund
Payout Change
Pending
Price as of:
$15.23
-0.13
-0.85%
primary theme
International Large-Cap Growth Equity
share class
WBIIX (Mutual Fund)
William Blair Institutional International Growth Fund
Payout Change
Pending
Price as of:
$15.23
-0.13
-0.85%
primary theme
International Large-Cap Growth Equity
share class
Name
As of 12/10/2024Price
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
Vitals
YTD Return
5.8%
1 yr return
10.9%
3 Yr Avg Return
-4.0%
5 Yr Avg Return
5.5%
Net Assets
$967 M
Holdings in Top 10
17.2%
52 WEEK LOW AND HIGH
$15.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.00%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 19.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2024Price
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
WBIIX - Profile
Distributions
- YTD Total Return 5.8%
- 3 Yr Annualized Total Return -4.0%
- 5 Yr Annualized Total Return 5.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.22%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameWilliam Blair Institutional International Growth Fund
-
Fund Family NameWilliam Blair
-
Inception DateAug 27, 2002
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSimon Fennell
Fund Description
Under normal market conditions, the Fund invests at least 80% of its total assets in a diversified portfolio of equity securities, including common stocks and other forms of
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equity investments (e.g., securities convertible into common stocks), issued by companies of all sizes domiciled outside the U.S. that the Adviser believes have above-average growth, profitability and quality characteristics. The Adviser seeks investment opportunities in companies at different stages of development ranging from large, well-established companies to smaller companies at earlier stages of development. The Fund’s investments are normally allocated among at least six different countries and no more than 50% of the Fund’s equity holdings may be invested in securities of issuers in one country at any given time. Normally, the Fund’s investments will be divided among Continental Europe, the United Kingdom, Canada, Japan and the markets of the Pacific Basin. The Fund may invest the greater of 35% of its net assets or twice the emerging markets component of the MSCI All Country World Ex-U.S. Investable Market Index (IMI) (net) in emerging markets, which include every country in the world except the United States, Canada, Japan, Australia, New Zealand, Hong Kong, Singapore and most Western European countries.
In choosing investments, the Adviser performs fundamental company analysis and focuses on stock selection. The Adviser generally seeks equity securities, including common stocks, of companies that historically have had superior growth, profitability and quality relative to local markets and relative to companies within the same industry worldwide, and that are expected to continue such performance. Such companies generally will exhibit superior business fundamentals, including leadership in their field, quality products or services, distinctive marketing and distribution, pricing flexibility and revenue from products or services consumed on a steady, recurring basis. These business characteristics should be accompanied by management that is shareholder return-oriented and that uses conservative accounting policies. Companies with above-average returns on equity, strong balance sheets and consistent, above-average earnings growth will be the primary focus. Stock selection will take into account both local and global comparisons.
The Adviser will vary the Fund’s sector and geographic diversification based upon the Adviser’s ongoing evaluation of economic, market and political trends throughout the world. In making decisions regarding country allocation, the Adviser will consider such factors as the conditions and growth potential of various economies and securities markets, currency exchange rates, technological developments in the various countries and other pertinent financial, social, national and political factors.
WBIIX - Performance
Return Ranking - Trailing
| Period | WBIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.8% | -1.8% | 39.4% | 70.00% |
| 1 Yr | 10.9% | 3.2% | 41.4% | 68.68% |
| 3 Yr | -4.0%* | -9.0% | 8.5% | 77.45% |
| 5 Yr | 5.5%* | -1.5% | 13.4% | 42.69% |
| 10 Yr | 5.6%* | 2.3% | 10.1% | 60.55% |
* Annualized
Return Ranking - Calendar
| Period | WBIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.3% | -0.4% | 28.6% | 63.68% |
| 2022 | -32.6% | -49.5% | -15.2% | 78.51% |
| 2021 | -6.6% | -22.2% | 19.3% | 80.27% |
| 2020 | 17.4% | -3.7% | 85.0% | 62.18% |
| 2019 | 29.5% | -4.0% | 45.1% | 25.40% |
Total Return Ranking - Trailing
| Period | WBIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.8% | -1.8% | 39.4% | 70.00% |
| 1 Yr | 10.9% | 3.2% | 41.4% | 68.68% |
| 3 Yr | -4.0%* | -9.0% | 8.5% | 77.45% |
| 5 Yr | 5.5%* | -1.5% | 13.4% | 42.69% |
| 10 Yr | 5.6%* | 2.3% | 10.1% | 60.55% |
* Annualized
Total Return Ranking - Calendar
| Period | WBIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.2% | 1.8% | 28.6% | 60.26% |
| 2022 | -28.3% | -44.4% | -11.0% | 73.47% |
| 2021 | 9.4% | -20.6% | 20.5% | 41.64% |
| 2020 | 32.5% | 7.6% | 97.1% | 18.05% |
| 2019 | 30.7% | 0.5% | 45.3% | 29.52% |
NAV & Total Return History
WBIIX - Holdings
Concentration Analysis
| WBIIX | Category Low | Category High | WBIIX % Rank | |
|---|---|---|---|---|
| Net Assets | 967 M | 201 K | 133 B | 60.26% |
| Number of Holdings | 173 | 4 | 1806 | 10.26% |
| Net Assets in Top 10 | 174 M | 70.5 K | 36.7 B | 68.16% |
| Weighting of Top 10 | 17.22% | 10.1% | 99.9% | 98.16% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 3.21%
- Novo Nordisk A/S 2.07%
- SAP SE 1.84%
- ASML Holding NV 1.52%
- London Stock Exchange Group PLC 1.51%
- 3i Group PLC 1.49%
- Reliance Industries Ltd 1.46%
- AstraZeneca PLC 1.41%
- Keyence Corp 1.40%
- Safran SA 1.31%
Asset Allocation
| Weighting | Return Low | Return High | WBIIX % Rank | |
|---|---|---|---|---|
| Stocks | 98.91% | 86.17% | 119.36% | 23.95% |
| Other | 1.14% | -1.08% | 3.89% | 5.53% |
| Preferred Stocks | 0.00% | 0.00% | 10.21% | 54.74% |
| Convertible Bonds | 0.00% | 0.00% | 2.45% | 36.15% |
| Cash | 0.00% | 0.00% | 19.02% | 96.84% |
| Bonds | 0.00% | 0.00% | 0.03% | 35.79% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | WBIIX % Rank | |
|---|---|---|---|---|
| Industrials | 25.32% | 0.68% | 31.28% | 5.28% |
| Financial Services | 16.02% | 0.00% | 38.62% | 40.63% |
| Technology | 14.88% | 1.51% | 38.21% | 74.41% |
| Healthcare | 14.76% | 1.36% | 29.58% | 46.97% |
| Consumer Cyclical | 11.71% | 0.00% | 46.28% | 43.54% |
| Basic Materials | 4.65% | 0.00% | 23.15% | 73.35% |
| Energy | 4.57% | 0.00% | 24.97% | 21.64% |
| Consumer Defense | 4.50% | 0.00% | 25.77% | 88.13% |
| Communication Services | 1.34% | 0.00% | 41.13% | 85.75% |
| Real Estate | 1.24% | 0.00% | 6.64% | 16.09% |
| Utilities | 1.01% | 0.00% | 9.05% | 34.56% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | WBIIX % Rank | |
|---|---|---|---|---|
| Non US | 86.16% | 0.00% | 100.55% | 43.68% |
| US | 12.76% | 0.00% | 100.02% | 45.00% |
WBIIX - Expenses
Operational Fees
| WBIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.00% | 0.01% | 10.12% | 53.17% |
| Management Fee | 0.94% | 0.00% | 1.50% | 91.05% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.03% | 0.80% | N/A |
Sales Fees
| WBIIX 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
| WBIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 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.
| WBIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 19.00% | 7.00% | 149.00% | 27.25% |
WBIIX - Distributions
Dividend Yield Analysis
| WBIIX | Category Low | Category High | WBIIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.83% | 0.00% | 12.70% | 14.78% |
Dividend Distribution Analysis
| WBIIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| WBIIX | Category Low | Category High | WBIIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.22% | -1.69% | 3.16% | 77.66% |
Capital Gain Distribution Analysis
| WBIIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 14, 2023 | $0.128 | OrdinaryDividend |
| Dec 14, 2023 | $0.233 | CapitalGainLongTerm |
| Dec 15, 2022 | $0.842 | OrdinaryDividend |
| Dec 16, 2021 | $3.155 | OrdinaryDividend |
| Dec 17, 2020 | $2.569 | OrdinaryDividend |
| Dec 12, 2019 | $0.165 | OrdinaryDividend |
| Dec 13, 2018 | $1.402 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.171 | OrdinaryDividend |
| Dec 14, 2017 | $0.314 | CapitalGainLongTerm |
| Dec 14, 2017 | $0.438 | OrdinaryDividend |
| Dec 15, 2016 | $0.167 | OrdinaryDividend |
| Dec 17, 2015 | $0.103 | CapitalGainLongTerm |
| Dec 17, 2015 | $0.090 | OrdinaryDividend |
| Dec 18, 2014 | $0.021 | CapitalGainShortTerm |
| Dec 18, 2014 | $1.345 | CapitalGainLongTerm |
| Dec 18, 2014 | $0.322 | OrdinaryDividend |
| Dec 19, 2013 | $0.295 | OrdinaryDividend |
| Dec 19, 2012 | $0.485 | OrdinaryDividend |
| Dec 15, 2011 | $0.016 | OrdinaryDividend |
| Dec 16, 2010 | $0.278 | OrdinaryDividend |
| Dec 17, 2009 | $0.165 | OrdinaryDividend |
| Dec 18, 2008 | $0.015 | CapitalGainShortTerm |
| Dec 18, 2008 | $0.536 | CapitalGainLongTerm |
| Dec 19, 2007 | $0.084 | CapitalGainShortTerm |
| Dec 19, 2007 | $3.208 | CapitalGainLongTerm |
| Dec 19, 2007 | $0.348 | OrdinaryDividend |
| Dec 20, 2006 | $0.185 | CapitalGainShortTerm |
| Dec 20, 2006 | $2.361 | CapitalGainLongTerm |
| Dec 20, 2006 | $0.377 | OrdinaryDividend |
| Dec 15, 2005 | $0.040 | CapitalGainShortTerm |
| Dec 15, 2005 | $1.387 | CapitalGainLongTerm |
| Dec 15, 2005 | $0.145 | OrdinaryDividend |
| Dec 16, 2004 | $0.008 | OrdinaryDividend |
WBIIX - Fund Manager Analysis
Managers
Simon Fennell
Start Date
Tenure
Tenure Rank
May 01, 2013
9.09
9.1%
Simon Fennell, partner, is a portfolio manager for William Blair’s International Growth, International Small Cap Growth, and International Leaders strategies. He joined William Blair in 2011 as a technology, media, and telecommunications research analyst focusing on idea generation and strategy more broadly. Before joining William Blair, Simon was a managing director in the equities division at Goldman Sachs in London and Boston, responsible for institutional equity research coverage for European and international stocks. Previously, Simon was in the corporate finance group at Lehman Brothers
Kenneth McAtamney
Start Date
Tenure
Tenure Rank
Oct 16, 2017
4.62
4.6%
Ken McAtamney, partner, is the head of the global equity team and a portfolio manager for William Blair’s International Growth, Global Leaders, International Leaders, and Emerging Markets Leaders strategies. Ken is also a member of the Investment Management leadership team. He was previously co-director of research and a mid-large-cap industrials and healthcare analyst. Before joining William Blair in 2005, Ken was a vice president at Goldman Sachs and Co., where he was responsible for institutional equity research coverage for both international and U.S. equity. Before that, he was a corporat
Andrew Siepker
Start Date
Tenure
Tenure Rank
Jan 24, 2022
0.35
0.4%
Andrew Siepker, CFA, Partner, has co-managed the International Growth Fund and the Institutional International Growth Fund since 2022 along with associated separate account and commingled fund portfolios. Mr. Siepker is also a global equity research analyst covering industrial companies. Previously, he was a research analyst conducting non-U.S. consumer research and worked on William Blair’s sell-side as a research associate focused on e-commerce and hardline retailers. Before joining William Blair in 2006, Andy was a financial analyst in a finance training program at First Data Corporation. He is a member of the CFA Institute and the CFA Society Chicago. Andrew received a B.S. in Finance, with high distinction, from the University of Nebraska.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 26.94 | 7.78 | 20.01 |
