SPRNX Performance — Sprucegrove International Equity Fund, Institutional Class Shares
Data updated: 2025-05-28
SPRNX returned +0.83% over one year to Mar 2025. The annualised 3-year return is +3.89%. The fund trailed its International Mid-Cap Blend category average: $100 invested three years ago grew to $112, against $116 for the category, and to $101 over one year, against $105. Volatility over the past three years was 17.60% a year. In the 12 months to Mar 2025 the fund lost a net $31.5M, and assets reached $93.71M.
SPRNX Growth of $100
What $100 invested in Sprucegrove International Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Mid-Cap Blend category average over the same months.
| Period | SPRNX | Category average |
|---|---|---|
| 1 year (Apr 2024 – Mar 2025) | $101 | $105 |
| 3 years (Apr 2022 – Mar 2025) | $112 | $116 |
| Since data start (Apr 2021 – Mar 2025) | $107 | $112 |
SPRNX Trailing Returns
Total returns to Mar 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +0.83% |
| 3 years (annualised) | +3.89% |
SPRNX Annual Returns
Calendar-year total returns of Sprucegrove International Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Mar) | +3.46% |
| 2024 | −0.63% |
| 2023 | +17.96% |
| 2022 | −11.61% |
| 2021 (Apr–Dec) | +0.16% |
SPRNX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | −1.9% | +1.8% | +3.6% | — | — | — | — | — | — | — | — | — |
| 2024 | +3.0% | +1.3% | −2.2% | −2.2% | +2.6% | −1.1% | +2.9% | +1.7% | +4.0% | −1.7% | −1.6% | −6.8% |
| 2023 | +2.9% | −2.7% | +9.3% | +4.6% | −3.3% | +2.6% | −4.0% | −4.9% | +3.0% | +6.3% | +8.9% | −4.6% |
| 2022 | −1.1% | −3.7% | +0.4% | −10.5% | +3.2% | −5.6% | −9.4% | −3.9% | +4.8% | −1.3% | +12.1% | +5.1% |
| 2021 | — | — | — | −2.7% | +4.0% | +2.7% | −5.0% | −0.4% | −0.5% | +5.7% | −5.2% | +2.1% |
SPRNX Risk
Risk measures from monthly returns over Apr 2022 – Mar 2025.
- 3-year volatility (annualised): 17.60%
- 3-year Sharpe ratio: -0.03 (vs 4.5% risk-free rate)
- Best month: +12.12% (Nov 2022)
- Worst month: −10.51% (Apr 2022)
SPRNX Fund Flows
Monthly money in and out of Sprucegrove International Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$31.5M
- 12-month gross sales (incl. reinvestments): $27.5M
- Sales ÷ redemptions: 0.47×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2025 | $200K | $213K | −$13K |
| Feb 2025 | $0 | $710K | −$710K |
| Jan 2025 | $14.3M | $8.1M | $6.1M |
| Dec 2024 | $0 | $33.1M | −$33.1M |
| Nov 2024 | $0 | $210K | −$210K |
| Oct 2024 | $4.6M | $210K | $4.4M |
| Sep 2024 | $0 | $410K | −$410K |
| Aug 2024 | $0 | $210K | −$210K |
| Jul 2024 | $8.4M | $15.2M | −$6.8M |
| Jun 2024 | $0 | $210K | −$210K |
| May 2024 | $0 | $210K | −$210K |
| Apr 2024 | $0 | $210K | −$210K |
SPRNX Assets Under Management
Net assets of Sprucegrove International Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-03-31 | $93.71M |
| 2024-12-31 | $99.37M |
| 2024-09-30 | $144.96M |
| 2024-06-30 | $148.30M |
| 2024-03-31 | $150.00M |
| 2023-12-31 | $148.26M |
| 2023-09-30 | $135.66M |
| 2023-06-30 | $171.70M |
| 2023-03-31 | $169.85M |
| 2022-12-31 | $163.12M |
| 2022-09-30 | $140.80M |
| 2022-06-30 | $155.20M |
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.