BUVRX — Brandes U.S. Value Fund

BUVRX Fund Overview

BUVRX — Brandes U.S. Value Fund is a US mutual fund managed by Brandes Investment Trust, categorised as United States Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Brandes Investment Trust
• Category: United States Value Equity
• Assets under management: $5.09M
• 1-year return: 15.5%
• Ticker: BUVRX
• SEC CIK: 0000926678
• SEC series ID: S000073495
• Share class ID: C000230470

BUVRX Investment Objective and Strategy

Brandes U.S. Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Brandes Investment Trust.

Investment objective

The Brandes U.S. Value Fund (the U.S. Value Fund or Fund) seeks long term capital appreciation.

Principal investment strategy

The U.S. Value Fund invests primarily in equity securities of U.S. companies. Equity securities include common and preferred stocks, warrants and rights. Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes), measured at the time of purchase, in securities of companies located in the United States. The Fund may invest in securities of companies located outside of the United States. The Fund may invest up to 5% of its total assets, measured at the time of purchase, in any one company. From time to time, the Fund may invest more than 20% of its assets in any market sector, such as the financial sector or health care sector. Typically, the Fund invests in issuers with a market capitalization greater than $5 billion. The U.S.

Value Fund may invest from time to time in cash or short-term cash equivalent securities either as part of its overall investment strategy or for temporary defensive purposes in response to adverse market, economic, political or other conditions. The amount of such holdings will vary and will depend on the Advisors assessment of the quantity and quality of investment opportunities that exist at any given time, and may at times be relatively high. Brandes Investment Partners, L.P., the U.S. Value Funds investment advisor (the Advisor), uses the principles of value investing to analyze and select equity securities for the U.S. Value Funds investment portfolio that, in its opinion, are undervalued. When buying equity securities, the Advisor assesses the estimated intrinsic value of a company based on data such as a companys earnings, cash flow generation, and/or asset value of the underlying business.

By choosing securities that are selling at a discount to the Advisors estimates of the underlying companys intrinsic value, the Advisor seeks to establish an opportunity for long-term capital appreciation. The Advisor may sell a security when its price reaches the Advisors estimate of the underlying companys intrinsic value, the Advisor believes that other investments are more attractive, or for other reasons.

BUVRX Performance

Total returns for BUVRX (as of 2026-10-01), from SEC filings.

BUVRX Risk Information

Risk metrics for BUVRX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 21.5%

BUVRX Costs and Fees

BUVRX costs about $61 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.61%
• Gross expense ratio: 12.15%
• Portfolio turnover: 15%
• Brokerage commissions: 5.88 bps of average net assets (SEC N-CEN)

BUVRX Cashflows

Over the 12 months to 2023-06, Brandes U.S. Value Fund had net inflows of $1.14M, from monthly SEC N-PORT filings.

BUVRX Debt Constituents

No individual debt constituents are reported in Brandes U.S. Value Fund's latest SEC N-PORT filing.

BUVRX Prospectus and SEC Filings

Official Brandes U.S. Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2023-01-27
• Prospectus (485BPOS) — filed 2022-01-28
• Prospectus (485BPOS) — filed 2021-09-30
• Portfolio holdings (N-PORT) — filed 2023-08-24
• Portfolio holdings (N-PORT) — filed 2023-05-16
• Portfolio holdings (N-PORT) — filed 2023-02-27
• Annual census (N-CEN) — filed 2022-12-14

Related Funds

Other United States Value Equity funds tracked on ABC INVEST:

• Dfa International Value Portfolio (DFIVX)
• Dfa International Value Portfolio III (DFVIX)
• HCM Dividend Sector Plus Fund (HCMNX)
• Eaton Vance Emerging Markets Local Income Fund (EEIAX)
• Eaton Vance High Income Opportunities Fund (ETHIX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.