PZVNX Performance — Pzena International Value Fund, Investor Class
Data updated: 2026-07-30
PZVNX returned +18.42% year to date and +38.91% over one year to May 2026. Annualised returns are +24.52% over 3 years and +12.59% over 5 years. The fund beat its International Mid-Cap Value category average: $100 invested three years ago grew to $193, against $166 for the category, and to $139 over one year, against $124. Volatility over the past three years was 15.00% a year. In the 12 months to May 2026 the fund took in a net $351K, and assets reached $145.15M.
PZVNX Growth of $100
What $100 invested in Pzena International Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Mid-Cap Value category average over the same months.
| Period | PZVNX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $139 | $124 |
| 3 years (Jun 2023 – May 2026) | $193 | $166 |
| 5 years (Jun 2021 – May 2026) | $181 | $150 |
PZVNX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +18.42% |
| 1 year | +38.91% |
| 3 years (annualised) | +24.52% |
| 5 years (annualised) | +12.59% |
PZVNX Annual Returns
Calendar-year total returns of Pzena International Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +18.42% |
| 2025 | +37.22% |
| 2024 | +6.13% |
| 2023 | +17.86% |
| 2022 | −8.67% |
| 2021 (Jun–Dec) | −2.53% |
PZVNX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.9% | +6.9% | −10.2% | +9.5% | +7.5% | — | — | — | — | — | — | — |
| 2025 | +6.0% | +2.6% | +1.4% | +1.3% | +4.7% | +2.5% | +0.7% | +3.1% | +2.8% | +1.6% | +2.4% | +3.1% |
| 2024 | −2.0% | −0.7% | +4.7% | −0.2% | +6.1% | −3.3% | +5.0% | +1.5% | +3.1% | −4.5% | −1.6% | −1.5% |
| 2023 | +10.2% | −1.2% | −0.1% | +2.1% | −5.2% | +7.5% | +4.5% | −2.8% | −3.3% | −6.4% | +7.1% | +5.9% |
| 2022 | +2.5% | −3.3% | −1.9% | −5.3% | +3.0% | −10.4% | +0.7% | −4.0% | −8.5% | +6.6% | +13.1% | +0.8% |
| 2021 | — | — | — | — | — | −1.5% | 0.0% | +0.7% | −1.0% | +1.8% | −7.2% | +5.0% |
PZVNX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 15.00%
- 3-year Sharpe ratio: 1.33 (vs 4.5% risk-free rate)
- Best month: +9.50% (Apr 2026)
- Worst month: −10.23% (Mar 2026)
PZVNX Fund Flows
Monthly money in and out of Pzena International Value Fund, from SEC Form N-PORT.
- 12-month net flow: $351K
- 12-month gross sales (incl. reinvestments): $11.6M
- Sales ÷ redemptions: 1.03×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $5.5M | $5.4M | $132K |
| Apr 2026 | $79K | $2.4M | −$2.3M |
| Mar 2026 | $151K | $1.0M | −$862K |
| Feb 2026 | $220K | $206K | $15K |
| Jan 2026 | $312K | $131K | $181K |
| Dec 2025 | $4.6M | $1.2M | $3.4M |
| Nov 2025 | $158K | $234K | −$76K |
| Oct 2025 | $177K | $236K | −$60K |
| Sep 2025 | $139K | $126K | $13K |
| Aug 2025 | $45K | $244K | −$200K |
| Jul 2025 | $68K | $108K | −$40K |
| Jun 2025 | $126K | $34K | $92K |
PZVNX Assets Under Management
Net assets of Pzena International Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $145.15M |
| 2026-02-28 | $140.45M |
| 2025-11-30 | $124.93M |
| 2025-08-31 | $116.80M |
| 2025-05-31 | $109.89M |
| 2025-02-28 | $98.51M |
| 2024-11-30 | $94.65M |
| 2024-08-31 | $89.24M |
| 2024-05-31 | $85.91M |
| 2024-02-29 | $76.24M |
| 2023-11-30 | $68.28M |
| 2023-08-31 | $58.90M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.