Brandes International Small Cap Equity Fund (BISAX)
The fund invests at least 80% of its net assets measured at the time of purchase in equity securities of small market capitalization companies located in at least three countries outside the United States. The fund manager considers a company to be a small capitalization company if it has a market capitalization of $5 billion or less at the time of purchase. The fund may invest up to 30% of its total assets, measured at the time of purchase, in securities of companies located in emerging markets (including frontier markets).
Fund Info
| ISIN | US1052627296 |
|---|---|
| CUSIP | 105262729 |
| Issuer | Brandes |
| Inception Date | Jan 30, 2012 |
| Category | Foreign Small & Mid Cap Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Value |
Expense Ratio
BISAX has a high expense ratio of 1.36%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: BISAX vs. OLGAX, BISAX vs. DISVX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Brandes International Small Cap Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Brandes International Small Cap Equity Fund had a return of 9.54% year-to-date (YTD) and 34.47% in the last 12 months. Over the past 10 years, Brandes International Small Cap Equity Fund had an annualized return of 5.80%, while the S&P 500 had an annualized return of 10.64%, indicating that Brandes International Small Cap Equity Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.54% | 7.50% |
| 1 month | 1.65% | -1.61% |
| 6 months | 23.49% | 17.65% |
| 1 year | 34.47% | 26.26% |
| 5 years (annualized) | 12.05% | 11.73% |
| 10 years (annualized) | 5.80% | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.24% | 1.58% | 8.80% | -0.00% | ||||||||
| 2023 | -2.45% | 9.15% | 8.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of BISAX is 96, placing it in the top 4% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Brandes International Small Cap Equity Fund(BISAX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Brandes International Small Cap Equity Fund (BISAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Brandes International Small Cap Equity Fund granted a 2.53% dividend yield in the last twelve months. The annual payout for that period amounted to $0.44 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.44 | $0.44 | $0.44 | $0.45 | $0.09 | $0.07 | $0.40 | $1.12 | $0.52 | $0.44 | $0.58 | $1.27 |
Dividend yield | 2.53% | 2.77% | 3.87% | 3.46% | 0.81% | 0.66% | 3.88% | 8.33% | 4.00% | 3.44% | 4.74% | 9.68% |
Monthly Dividends
The table displays the monthly dividend distributions for Brandes International Small Cap Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.25 |
| 2022 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.33 |
| 2020 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
| 2019 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.38 |
| 2017 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $1.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.49 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 |
| 2013 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $1.22 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Brandes International Small Cap Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Brandes International Small Cap Equity Fund was 48.26%, occurring on Mar 23, 2020. Recovery took 277 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -48.26% | Jan 29, 2018 | 541 | Mar 23, 2020 | 277 | Apr 28, 2021 | 818 |
| -31.44% | Sep 7, 2021 | 278 | Oct 12, 2022 | 167 | Jun 13, 2023 | 445 |
| -15.54% | Jul 7, 2014 | 115 | Dec 16, 2014 | 371 | Jun 8, 2016 | 486 |
| -13.48% | Feb 29, 2012 | 66 | Jun 1, 2012 | 71 | Sep 13, 2012 | 137 |
| -9.27% | Jun 9, 2016 | 13 | Jun 27, 2016 | 49 | Sep 6, 2016 | 62 |
Volatility
Volatility Chart
The current Brandes International Small Cap Equity Fund volatility is 3.73%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.