CAUSEWAY INTERNATIONAL VALUE FUND
CAUSEWAY CAPITAL MANAGEMENT TRUST · Series S000011497 · 2 share classes
data updated 2026-09-08
Fund profile
As filed in the prospectus · 2026 Q1
The Funds investment objective is to seek long-term growth of capital and income.
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.
| Share class | Gross | Net |
|---|---|---|
| CIVVX | 1.11% | 1.10% |
| CIVIX | 0.86% | 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 Q2
| Stocks | 98.52% |
| Cash & short-term | 1.14% |
| Derivatives | 0.51% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: CCL, Sika AG, Aktiebolaget Electrolux, BANCA MONTE DEI PASCHI DI SIENA S.P.A., TESCO PLC, Octave Intelligence PLC, WORLDLINE SA, HSBC
Largest exited: Carnival Corporation, BP P.L.C., Akzo Nobel N.V., SAMSUNG FIRE & MARINE INSURANCE CO., LTD., ArcelorMittal SA, SHINHAN FINANCIAL GROUP CO.,LTD, Airbus SE, WORLDLINE SA- RTS
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +17.19% | +46.23% | +71.81% | 16.86% | -12.76% | |
| +17.42% | +47.24% | +73.74% | 16.91% | -12.78% |
These classes hold the same portfolio, so the 1.93pp spread over 5 years is the cost difference between them — roughly 0.39pp a year — not a difference in what they own.
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
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | KERING SA | 4.26% | $282.56 | $818.40M | 2.9M |
| — | Renesas Electronics Corporation | 3.70% | $29.56 | $711.98M | 24.1M |
| — | ROLLS-ROYCE HOLDINGS PLC | 3.10% | $19.16 | $596.40M | 31.1M |
| — | ASTRAZENECA PLC | 3.02% | $187.03 | $580.90M | 3.1M |
| RBGPF | RECKITT BENCKISER GROUP PLCRBGPF | 2.79% | $65.14 | $537.21M | 8.2M |
| — | ALSTOM SA | 2.73% | $17.38 | $525.54M | 30.2M |
| — | BARCLAYS PLC | 2.72% | $6.72 | $523.39M | 77.9M |
| — | SAP SE | 2.61% | $153.11 | $502.22M | 3.3M |
| — | Siemens Aktiengesellschaft | 2.57% | $321.24 | $494.09M | 1.5M |
| — | Roche Holding AG | 2.54% | $411.88 | $488.87M | 1.2M |
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 30.07% of net assets, top 25 61.10%, across 73 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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