Artisan Developing World Fund

Artisan Partners Funds Inc. · 3 share classes

Actively managed global equity fund
One fund, 3 share classes:ARTYXAPDYXAPHYX
$2.91B NAV
45 positions · as of 2026-06-30 · filed 2026-08-28

Fund classification

Classified from what the fund holds · as of 2026 Q2

Artisan Developing World Fund is an actively managed global equity fund.

Asset class
Equity
Region
Global
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q1

The Fund seeks long-term capital appreciation.

Strategy · summarised

The fund employs fundamental analysis to build a diversified portfolio of equity securities issued by or economically tied to developing-world countries, including those in MSCI emerging and frontier market indices, and may hold companies based in developed markets with significant exposure to developing economies. The fund may invest across all market capitalizations and may use equity-linked securities to gain exposure without direct ownership. Because security selection depends on the manager's assessment of which issuers meet developing-world criteria, the fund's composition and returns will differ from any benchmark index.

Expenses
1.05% 1.30%across 3 share classes
Share classExpense ratio
ARTYX1.30%
APDYX1.13%
APHYX1.05%

Portfolio turnover 77.88% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.27%
of net assets
Stocks97.83%
Cash & short-term1.45%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
International58.7%
Information Technology19.7%
Financials7.9%
Consumer Discretionary5.9%
4 smaller7.7%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 2 new2 exited

New: CBRS, Taiwan Semiconductor Manufacturing Co. Ltd.

Exited: VEEV, Meituan

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
-10.33%+34.84%-18.50%17.27%-25.12%
-10.20%+35.59%-17.79%17.24%-25.06%
-10.08%+35.97%-17.41%17.31%-25.06%

These classes hold the same portfolio, so the 1.09pp spread over 5 years is the cost difference between them — roughly 0.22pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are 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
Micron Technology, Inc.MU6.53%$190.20M
Sea Ltd.SE6.16%$179.39M
MercadoLibre, Inc.MELI5.89%$171.50M
Tencent Holdings Ltd.5.25%$152.90M
MakeMyTrip Ltd.5.04%$146.86M
Taiwan Semiconductor Manufacturing Co. Ltd.TSM4.84%$140.88M
Crowdstrike Holdings, Inc.CRWD4.81%$140.11M
Visa, Inc.V4.62%$134.48M
Adyen NV3.94%$114.57M
NU Holdings Ltd.3.66%$106.59M
Showing 10 of 45Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 50.76% of net assets, top 25 86.81%, across 44 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.

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