The investment team seeks to invest in cash-producing businesses in strong financial condition that are selling at undemanding valuations.
As of 31 January 2023 | QTD | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Inception |
---|---|---|---|---|---|---|---|
Investor Class: ARTQX | 9.77 | 9.77 | -1.57 | 9.75 | 5.40 | 7.99 | 9.69 |
Russell Midcap® Value Index | 8.08 | 8.08 | -0.69 | 9.31 | 6.89 | 10.17 | 9.70 |
Russell Midcap® Index | 8.30 | 8.30 | -3.33 | 9.02 | 8.02 | 11.11 | 9.68 |
As of 31 December 2022 | QTD | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Inception |
---|---|---|---|---|---|---|---|
Investor Class: ARTQX | 9.36 | -13.21 | -13.21 | 4.96 | 4.30 | 7.75 | 9.26 |
Russell Midcap® Value Index | 10.45 | -12.03 | -12.03 | 5.82 | 5.72 | 10.11 | 9.35 |
Russell Midcap® Index | 9.18 | -17.32 | -17.32 | 5.88 | 7.10 | 10.96 | 9.31 |
2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Investor Class: ARTQX | -13.57 | 23.53 | 5.44 | 26.35 | -13.21 |
Russell Midcap® Value Index | -12.29 | 27.06 | 4.96 | 28.34 | -12.03 |
Russell Midcap® Index | -9.06 | 30.54 | 17.10 | 22.58 | -17.32 |
Morningstar Rating Disclosure
Star ratings are based on risk-adjusted returns. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its 3-year, 5-year, and 10-year Morningstar Ratings metrics. 393 funds in the overall Mid-Cap Value category. View full Fund ratings.
Artisan Mid Cap Value Fund has an Analyst Rating of Neutral as of 2 Feb 2022. The Morningstar Analyst Rating™ is not a credit or risk rating. It is a subjective evaluation performed by Morningstar’s manager research group, which consists of various Morningstar, Inc. subsidiaries (“Manager Research Group”). In the United States, that subsidiary is Morningstar Research Services LLC, which is registered with and governed by the U.S. Securities and Exchange Commission. The Manager Research Group evaluates funds based on five key pillars, which are process, performance, people, parent, and price. The Manager Research Group uses this five-pillar evaluation to determine how they believe funds are likely to perform relative to a benchmark over the long term on a risk adjusted basis. They consider quantitative and qualitative factors in their research. View Important Disclosures below for further details.
Annual Report 30 September 2022 | 1.20% |
---|---|
Prospectus 30 September 2022 | 1.20% |
See prospectus for further details.
Top 10 Holdings (% of total portfolio as of 31 January 2023) |
|
---|---|
Analog Devices Inc (Information Technology) | 3.8 |
U-Haul Holding Co (Industrials) | 3.6 |
NOV Inc (Energy) | 3.3 |
Globe Life Inc (Financials) | 3.2 |
Arch Capital Group Ltd (Financials) | 3.2 |
Lamar Advertising Co (Real Estate) | 2.8 |
DENTSPLY SIRONA Inc (Health Care) | 2.6 |
Marriott International Inc (Consumer Discretionary) | 2.6 |
OGE Energy Corp (Utilities) | 2.6 |
AutoNation Inc (Consumer Discretionary) | 2.4 |
Total | 30.0% |
Portfolio Statistics (as of 31 January 2023) |
|
---|---|
Median Market Cap (Billions) | $13.3 |
Weighted Avg. Market Cap (Billions) | $20.4 |
Weighted Harmonic Avg. P/E (FY1) | 13.6X |
Weighted Harmonic Avg. P/E (FY2) | 13.0X |
Median Price/Book Value | 2.2X |
Median ROE | 13.7% |
Median Fixed Charge Coverage Ratio | 8.2X |
Active Share | 93.8% |
Annual Turnover | 15.2% |
Number of Securities | 51 |
Cash (% of total portfolio) | 1.4% |
Market Cap Distribution (% of portfolio securities as of 31 January 2023) $ in billions |
|
---|---|
31.6+ | 21.7 |
22.2–31.6 | 8.8 |
14.0–22.2 | 13.5 |
8.2–14.0 | 28.0 |
0–8.2 | 27.9 |
TOTAL | 100.0% |
Sector Diversification (% of portfolio securities as of 31 January 2023) |
|
---|---|
Communication Services | 15.0 |
Consumer Discretionary | 15.2 |
Consumer Staples | 5.4 |
Energy | 3.4 |
Financials | 20.4 |
Health Care | 7.9 |
Industrials | 13.3 |
Information Technology | 9.3 |
Materials | 2.0 |
Real Estate | 5.4 |
Utilities | 2.6 |
Other | — |
Total | 100.0% |