Artisan International Value Fund

Artisan Partners Funds Inc. · Series S000006495 · 3 share classes

Equity fund · 86% stocks
One fund, 3 share classes:ARTKXAPHKXAPDKX
$45.12B NAV
65 positions · as of 2026-06-30 · filed 2026-08-28
data updated 2026-09-08

Fund profile

As filed in the prospectus · 2026 Q1

The Fund seeks long-term capital growth.

Strategy · summarised

The fund employs fundamental analysis to construct a diversified portfolio of non-US equities, selecting undervalued companies with strong balance sheets, free cash flow generation, and shareholder-oriented management. Position sizes are scaled to the discount between market price and the manager's estimate of intrinsic value, with larger positions taken where the discount is greatest. Because returns depend on the manager's valuation estimates and security selections, performance will diverge from any index. The fund invests at least 80% in non-US equities but may hold debt securities and equity-linked instruments to a limited extent.

Expenses
0.97% 1.20%across 3 share classes
Share classExpense ratio
ARTKX1.20%
APHKX0.97%
APDKX1.07%

Portfolio turnover 24.70% · as of 2026 Q1

Allocation

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

99.32%
of net assets
Stocks85.77%
Cash & short-term13.55%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 2 new3 exited

New: Chinese Yuan Offshore, Swiss Franc

Largest exited: Nokia OYJ ×2, Sensata Technologies Holding plc

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+20.38%+49.15%+62.81%12.24%-8.23%
+20.64%+50.21%+64.71%12.24%-8.21%
+20.54%+49.77%+63.95%12.23%-8.21%

These classes hold the same portfolio, so the 1.90pp spread over 5 years is the cost difference between them — roughly 0.38pp 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
BlackRock Liquidity Funds Treasury Trust FundTSTXX13.44%$6.06B
ABB Ltd.4.22%$1.91B
Unilever plc4.11%$1.85B
Novartis AG3.57%$1.61B
Danone SA3.55%$1.60B
DSM-Firmenich AG3.55%$1.60B
Arch Capital Group Ltd.3.52%$1.59B
Koninklijke Philips NV3.50%$1.58B
UBS Group AG3.49%$1.57B
Brenntag SE2.65%$1.20B
Showing 10 of 65Sign 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 45.60% of net assets, top 25 77.88%, across 63 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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