International Growth Portfolio
Data updated: 2026-08-20
C000000086 — International Growth Portfolio. Europe Large Cap Blend / Core Equity · $1.25B AUM. Holdings, fees, performance and SEC filings.
C000000086 Fund Overview
International Growth Portfolio is a US mutual fund managed by Northwestern Mutual Series Fund INC, categorised as Europe Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Northwestern Mutual Series Fund INC
- Category: Europe Large Cap Blend / Core Equity
- Assets under management: $1.25B
- 1-year return: 17.5%
- SEC CIK: 0000742212
- SEC series ID: S000000051
- Share class ID: C000000086
C000000086 Investment Objective and Strategy
International Growth Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Northwestern Mutual Series Fund INC.
Investment objective
The investment objective of the Portfolio is long-term growth of capital.
Principal investment strategy
Normally, the Portfolio invests at least 80% of net assets (plus any borrowings for investment purposes) in securities of growth companies. In addition, the Portfolio typically invests in securities of companies from three or more countries other than the United States. Companies from a country other than the United States shall refer to: companies whose principal trading activities are outside the U.S.; or companies whose securities are denominated in non U.S. dollar currencies; or companies that: are organized under the laws of, or have principal offices in, a country other than the U.S., and derive 50% or more of their total revenue from either goods or services produced or sales made in markets outside the U.S. The Portfolio may invest in emerging markets but will normally limit such investments to 20% of its net assets, measured at the time of purchase.
The adviser normally invests the Portfolios assets primarily in foreign common stocks and American Depositary Receipts (ADRs) and other depositary receipts. While the adviser normally allocates the Portfolios assets across different countries and regions, the Portfolio may invest a relatively large percentage of its assets in a single country, a small number of countries, or a particular geographic region. The Portfolio invests primarily in large capitalization companies, but may invest in companies of any size. Although the Portfolio primarily invests its assets in issuers located outside the U.S., it also invests in U.S. issuers. Growth companies, as defined by the adviser, are those included in a third-party growth index or classified as a growth company by a third-party vendor or those that exhibit certain financial characteristics (e.g., projected earnings per share growth, sales growth per share, free cash flow growth, or trailing earnings per share growth; research and development expenses relative to other expenses; or capital investments to grow or expand its business) determined by the adviser to indicate the company has above-average growth potential (e.g., sales, revenue or earnings growth that may outpace peer averages or the overall market).
For this purpose, a third-party growth index is an index developed, calculated, and maintained by a third-party that measures the performance of growth stocks. In buying and selling securities for the Portfolio, the adviser relies on fundamental analysis, which involves a bottom up assessment of a companys potential for success in light of factors such as its financial condition, earnings outlook, strategy, management, industry position, and economic and market conditions. While the Portfolio does not seek to focus its investments in any particular sector, the Portfolio may at times have a relatively high percentage of its assets invested in a particular sector as a result of the advisers stock selection process. The Portfolio may reduce or sell its position in a particular holding when the adviser believes a stock is fully valued, the conditions upon which the adviser based its original investment thesis no longer holds true, or due to portfolio construction considerations.
C000000086 Holdings
Top 10 holdings of International Growth Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| ASML Holding NV | 11.13% |
| Taiwan Semiconductor Manufacturing Co Ltd | 5.05% |
| GE Vernova Inc | 4.06% |
| Schneider Electric SE | 3.75% |
| Rolls-Royce Holdings PLC | 3.62% |
| Safran SA | 3.23% |
| Airbus SE | 3.09% |
| Advantest Corp | 3.00% |
| BAE Systems PLC | 2.80% |
| ABB Ltd | 2.77% |
C000000086 Portfolio Allocation
Asset-class allocation of International Growth Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.8% |
C000000086 Performance
Total returns for C000000086 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 12.6% |
| 1 year | 17.5% |
| 3 years (annualised) | 13.9% |
| 5 years (annualised) | 6.7% |
C000000086 Risk Information
Risk metrics for C000000086, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.0%
C000000086 Costs and Fees
C000000086 costs about $61 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.61%
- Gross expense ratio: 0.62%
- Portfolio turnover: 39%
- Brokerage commissions: 4.92 bps of average net assets (SEC N-CEN)
C000000086 Cashflows
Over the 12 months to 2026-06, International Growth Portfolio had net outflows of $14.84M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$6.50M |
| 2026-05 | $684.32K |
| 2026-04 | −$5.99M |
| 2026-03 | −$5.29M |
| 2026-02 | −$9.26M |
| 2026-01 | −$7.70M |
C000000086 Debt Constituents
No individual debt constituents are reported in International Growth Portfolio's latest SEC N-PORT filing.
C000000086 Prospectus and SEC Filings
Official International Growth Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-24
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus supplement (497) — filed 2025-05-02
- Portfolio holdings (N-PORT) — filed 2026-08-20
- Portfolio holdings (N-PORT) — filed 2026-05-27
- Portfolio holdings (N-PORT) — filed 2026-02-23
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-11
Related Funds
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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.