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
US1052627296
105262729
Jan 30, 2012
$2,500
Small-Cap
Value
Expense Ratio
BISAX has a high expense ratio of 1.36%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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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 (BISAX) returned 18.98% year-to-date (YTD) and 30.84% over the past 12 months. Over the past 10 years, BISAX returned 8.55% annually, underperforming the S&P 500 benchmark at 10.43%.
BISAX
18.98%
16.90%
16.84%
30.84%
25.21%
8.55%
^GSPC (Benchmark)
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
Monthly Returns
The table below presents the monthly returns of BISAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.68% | 4.12% | 2.30% | 5.39% | 2.23% | 18.98% | |||||||
| 2024 | -1.68% | 1.58% | 8.80% | 0.00% | 9.45% | -2.59% | 4.63% | 2.32% | 2.46% | -3.09% | 0.80% | -0.76% | 23.18% |
| 2023 | 10.64% | 0.47% | 2.12% | 2.23% | -2.18% | 4.73% | 6.76% | 0.28% | -3.55% | -2.45% | 9.15% | 6.37% | 39.03% |
| 2022 | -1.38% | -1.24% | -3.65% | -5.74% | 0.09% | -7.61% | 5.61% | -2.75% | -10.71% | 6.46% | 12.03% | 2.08% | -8.68% |
| 2021 | 0.70% | 5.40% | 6.05% | 3.74% | 5.18% | 0.27% | -1.22% | 4.64% | -2.72% | -1.07% | -7.50% | 4.49% | 18.39% |
| 2020 | -4.50% | -7.55% | -18.97% | 6.86% | -0.24% | 5.94% | 4.52% | 2.81% | -1.77% | -3.11% | 17.92% | 7.37% | 4.62% |
| 2019 | 6.84% | 0.09% | -3.24% | 2.05% | -6.31% | 4.49% | -4.39% | -3.91% | 4.17% | 2.05% | 1.34% | 4.37% | 6.80% |
| 2018 | 2.67% | -3.32% | -1.72% | 2.20% | -4.61% | -3.20% | 0.00% | -1.77% | -0.64% | -5.62% | 0.09% | -5.90% | -20.13% |
| 2017 | 3.05% | 1.70% | 1.40% | 1.37% | 1.14% | -0.22% | 1.27% | -0.70% | 0.60% | 0.00% | -0.77% | 2.19% | 11.52% |
| 2016 | -5.42% | 0.50% | 8.68% | 0.53% | 0.98% | -4.28% | 3.92% | 0.83% | 0.78% | -0.30% | -1.64% | 3.20% | 7.27% |
| 2015 | -1.80% | 9.93% | -1.86% | 3.56% | 1.05% | -3.11% | 1.76% | -3.69% | -1.84% | 4.38% | 0.00% | 0.05% | 7.92% |
| 2014 | -1.68% | 2.80% | 4.49% | 0.36% | 2.09% | 2.89% | -1.45% | -0.28% | -5.05% | -3.84% | -0.31% | -1.92% | -2.31% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 94, BISAX is among the top 6% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 provided a 2.58% dividend yield over the last twelve months, with an annual payout of $0.57 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.57 | $0.57 | $0.44 | $0.44 | $0.45 | $0.09 | $0.07 | $0.40 | $1.12 | $0.52 | $0.44 | $0.58 |
Dividend yield | 2.58% | 3.06% | 2.81% | 3.87% | 3.46% | 0.81% | 0.66% | 3.88% | 8.33% | 4.00% | 3.44% | 4.74% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.31 | $0.57 |
| 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 | $0.44 |
| 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 | $0.44 |
| 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 | $0.45 |
| 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 | $0.09 |
| 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 | $0.07 |
| 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 | $0.40 |
| 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 | $1.12 |
| 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 | $0.52 |
| 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 | $0.44 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.58 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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 | 72 | Sep 13, 2012 | 138 |
| -11.46% | Mar 20, 2025 | 13 | Apr 7, 2025 | 14 | Apr 28, 2025 | 27 |
Volatility
Volatility Chart
The current Brandes International Small Cap Equity Fund volatility is 3.80%, 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.