Barrow Hanley US Value Opportunities Fund
Data updated: 2024-09-30
C000234973 — Barrow Hanley US Value Opportunities Fund. United States Mid Cap Value Equity · $102.68M AUM. Holdings, fees, performance and SEC filings.
C000234973 Fund Overview
Barrow Hanley US Value Opportunities Fund is a US mutual fund managed by Advisors' Inner Circle Fund III, categorised as United States Mid Cap 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: Advisors' Inner Circle Fund III
- Category: United States Mid Cap Value Equity
- Assets under management: $102.68M
- 1-year return: 19.6%
- SEC CIK: 0001593547
- SEC series ID: S000075694
- Share class ID: C000234973
C000234973 Investment Objective and Strategy
Barrow Hanley US Value Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advisors' Inner Circle Fund III.
Investment objective
The Barrow Hanley US Value Opportunities Fund (the US Value Opportunities Fund or the Fund) seeks to achieve risk-adjusted equity returns in excess of the Funds benchmark over multiple year time periods.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities issued by U.S. companies. This investment policy may be changed by the Fund upon 60 days prior written notice to shareholders. The Fund invests primarily in a portfolio of equity securities issued by large, middle, and small capitalization U.S. companies and may also invest in convertible securities, preferred stock, real estate investment trusts (REITs) and American Depositary Receipts (ADRs). The companies whose shares are represented by the ADRs in which the Fund invests typically will have significant economic exposure to the U.S. economy, industries or marketplaces. The Fund will pursue a strict value-oriented strategy by constructing portfolios of individual stocks, selected on a bottom-up basis, typically reflecting all three of the following value characteristics: price/earnings and price/book ratios below those of the S&P 500 Index and a dividend yield above that of the S&P 500 Index.
In seeking to achieve its investment objective, the Fund follows a strategy based on an underlying philosophy that securities markets are inefficient and that these inefficiencies can be favorably exploited through adherence to a value-oriented investment process dedicated to individual stock selection on a bottom-up basis. The Fund does not attempt to time the market or rotate in and out of broad market sectors, as, Barrow, Hanley, Mewhinney & Strauss, LLC (the Sub-Adviser or Barrow Hanley) believes it is difficult, if not impossible, to add incremental value on a consistent basis by market timing. The Fund will generally stay fully invested with what Barrow Hanley believes is a defensive, conservative orientation based on Barrow Hanleys belief that above-average returns can be achieved while taking below average risks.
Barrow Hanley implements this strategy by constructing portfolios of individual stocks that reflect all three value characteristics described above. Through a research-intensive process, Barrow Hanleys investment team seeks to identify large, medium, and small capitalization companies that are undervalued and temporarily out of favor for reasons that can be identified and understood. Barrow Hanley seeks companies with profitability and earnings growth greater than that of the S&P 500 Index. The strategy of emphasizing low price/book ratios as well as high dividend yields is intended to help achieve capital preservation in down markets. In periods of economic recovery and rising equity markets, this investment strategy seeks to achieve profitability and earnings growth rewarded by the expansion of price/earnings ratios and the generation of excess returns.
Barrow Hanleys fundamental value analysis is a discipline that seeks to identify companies that not only possess the three characteristics of value discussed above, but also those companies whose businesses can exhibit high or improving profitability which translates into earnings growth above that of the S&P 500 Index. The qualitative aspects of Barrow Hanleys investment analysis are designed to produce judgments regarding the prospects for a companys business. Barrow Hanley believes that the value of the underlying business, identified through its quantitative analysis, can be unlocked as the companys fundamentals improve and investor confidence is restored.
C000234973 Holdings
Top 10 holdings of Barrow Hanley US Value Opportunities Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Crh Public Limited Company | 2.50% |
| Oracle Corporation | 2.10% |
| Jefferies Financial Group Inc. | 2.04% |
| Broadcom Inc. | 1.93% |
| Vertiv Holdings Co. | 1.92% |
| Bwx Technologies, Inc. | 1.88% |
| Qualcomm Incorporated | 1.87% |
| Alphabet Inc. | 1.83% |
| AerCap Holdings N.V. | 1.78% |
| Exxon Mobil Corporation | 1.74% |
C000234973 Portfolio Allocation
Asset-class allocation of Barrow Hanley US Value Opportunities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.8% |
| Cash & Equivalents | 1.2% |
C000234973 Performance
Total returns for C000234973 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 19.6% |
| 3 years (annualised) | 12.6% |
C000234973 Risk Information
Risk metrics for C000234973, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.1%
C000234973 Costs and Fees
C000234973 costs about $71 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.71%
- Gross expense ratio: 0.95%
- Portfolio turnover: 30%
- Brokerage commissions: 3.39 bps of average net assets (SEC N-CEN)
C000234973 Cashflows
Over the 12 months to 2024-07, Barrow Hanley US Value Opportunities Fund had net inflows of $7.78M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-07 | −$225.64K |
| 2024-06 | $263.11K |
| 2024-05 | −$74.49K |
| 2024-04 | $1.08M |
| 2024-03 | −$398.23K |
| 2024-02 | $10.10K |
C000234973 Debt Constituents
No individual debt constituents are reported in Barrow Hanley US Value Opportunities Fund's latest SEC N-PORT filing.
C000234973 Prospectus and SEC Filings
Official Barrow Hanley US Value Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-02-28
- Prospectus (485BPOS) — filed 2023-02-28
- Prospectus amendment (485APOS) — filed 2022-04-11
- Portfolio holdings (N-PORT) — filed 2024-09-30
- Portfolio holdings (N-PORT) — filed 2024-06-28
- Portfolio holdings (N-PORT) — filed 2024-03-28
- Annual census (N-CEN) — filed 2024-01-12
- Annual census (N-CEN) — filed 2023-01-13
Related Funds
Other United States Mid Cap Value Equity funds tracked on ABC INVEST:
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.