BBH Partner Fund - International Equity

BBH Trust · 2 share classes

Actively managed developed international equity fund
One fund, 2 share classes:BBHEXBBHLX
$2.54B NAV
68 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

BBH Partner Fund - International Equity is an actively managed developed international equity fund.

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

Fund profile

As filed in the prospectus · 2026 Q1

The investment objective of the BBH Partner Fund International Equity (the Fund) is to provide investors with long -term maximization of total return, primarily through capital appreciation.

Strategy · summarised

The fund employs a manager of managers approach, allocating assets between two sub-advisers—Select Equity Group and Trinity Street—who handle day-to-day portfolio management. Select Equity Group identifies large-cap non-U.S. businesses with defensible market positions and durable franchise value through fundamental research, while Trinity Street pursues an unconstrained strategy focused on large-cap companies where it believes market-recognized earnings and cash flow drivers are undervalued. The fund invests at least 80% of assets in equity securities across developed and emerging markets outside the United States, with emerging markets capped at 35% of assets. Because the fund may concentrate holdings in a limited number of issuers, performance will depend on the success of those specific positions.

Expenses
0.63%one share class
Share classExpense ratio
BBHLX0.63%

Portfolio turnover 62.00% · as of 2026 Q1

Allocation

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

95.98%
of net assets
Stocks95.98%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 4 new3 exited

New: EQT AB /SEK, FRESENIUS SE & CO KGAA /EUR, RELX PLC /GBP, NINTENDO CO LTD /JPY

Exited: KOMATSU LTD /JPY, SIKA AG-REG /CHF, EISAI CO LTD /JPY

Return profile

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

1-year
+17.51%
3-year
+48.55%
5-year
+19.74%
Volatility
15.22%
Worst 3-yr fall
-15.95%
Cumulative return· May 2023 – Apr 2026

Holdings

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

Issuer%NAVValue
TAIWAN SEMICONDUCTOR-SP ADRTSM5.68%$144.17M
KEYENCE CORP /JPYKYCCF4.46%$113.18M
ASML HOLDING NV /EURASMLF3.86%$97.94M
TOKYO ELECTRON LTD /JPYTOELF3.77%$95.55M
STMICROELECTRONICS NV /EURSTMEF3.05%$77.37M
FRANCO-NEVADA CORP /CADFNV2.35%$59.63M
BAE SYSTEMS PLC /GBPBAESF2.19%$55.56M
SCHNEIDER ELEC SA /EURSBGSF2.07%$52.60M
HOYA CORP /JPYHOCPF2.06%$52.28M
CRH PLCCRH2.05%$51.97M
Showing 10 of 68Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 31.54% of net assets, top 25 58.00%, across 68 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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