CAUSEWAY INTERNATIONAL VALUE FUND

CAUSEWAY CAPITAL MANAGEMENT TRUST · Series S000011497 · 2 share classes

Equity fund · 97% stocks
One fund, 2 share classes:CIVVXCIVIX
$17.29B NAV
79 positions · as of 2026-03-31 · filed 2026-05-28
data updated 2026-08-10

Fund profile

As filed in the prospectus · 2026 Q1

The Funds investment objective is to seek long-term growth of capital and income.

Strategy · summarised

The fund invests in undervalued common stocks of developed and emerging markets outside the US, selected through fundamental research and quantitative screening for characteristics including low price-to-earnings and price-to-book ratios, high dividend yield, and financial strength, with emphasis on companies paying dividends or repurchasing shares. The fund normally holds at least 80% of assets in foreign stocks and may allocate up to 15% to emerging markets. Because the fund's security selections depend on the Investment Adviser's fundamental research and valuation judgments, its holdings and performance may diverge from any benchmark.

Expenses
0.85% 1.10%across 2 share classes
Share classGrossNet
CIVVX1.11%1.10%
CIVIX0.86%0.85%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 46.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

101.05%
of net assets
Stocks96.93%
Cash & short-term2.31%
Derivatives1.82%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

vs 2025Q4: 17 new5 exited

Largest new: RECKITT BENCKISER GROUP PLC, Roche Holding AG, MELROSE INDUSTRIES PLC, Deutsche Lufthansa Aktiengesellschaft, ASSICURAZIONI GENERALI SOCIETA PER AZIONI, SSE PLC, Siemens Aktiengesellschaft, KT&G Corporation

Largest exited: Roche Holding AG, RECKITT BENCKISER GROUP PLC, SOCIETE MINIERE BARRICK, Murata Manufacturing Co., Ltd.

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

Share class1-year3-year5-yearVolWorst fall
Cumulative return· Apr 2023 – Feb 2026

Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
KERING SA4.71%$815.34M
ALSTOM SA3.63%$628.29M
Renesas Electronics Corporation3.48%$601.15M
BARCLAYS PLC2.77%$478.35M
ASTRAZENECA PLC2.76%$477.64M
SAP SE2.49%$429.99M
RELX PLC2.47%$427.65M
SMC CORPORATION2.47%$426.85M
COMPAGNIE DE SAINT-GOBAIN SA2.46%$425.29M
BNP PARIBAS SA2.41%$417.04M
Showing 10 of 79Sign in to see more

Top 10 positions are 29.66% of net assets, top 25 59.70%, across 77 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

Sign in free