Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Salient Global Equity Fund Class A (SGEAX)

12.10
Net Asset Value
+0.58%
1 Day
+4.13%
Year-to-Date
Overall Morningstar Rating
World stock
Style or Category
5.5
Sales Expenses
2.15%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks long term capital appreciation. Under normal market conditions, at least 80% of the value of the fund's net assets (plus any borrowings made for investment purposes) will be invested in common stocks and other equity securities (such as preferred stock and/or convertible stock), and 40% of the value of the fund's net assets (plus any borrowings made for investment purposes) will be invested in common stocks and other equity securities (such as preferred stock and/or convertible stock) of issuers located outside of the United States.

Performance

1 month+0.33% 3 years--
3 months-0.90% 5 years--
1 year+2.45% Since inception+8.94%
Data through --

Peer Comparisonvs. World stock

 SGEAXCategory
Performance 5-yr return--+12.29%
Expense ratio2.15%1.37%
Risk 5 year sharpe ratio--0.91
Net assets$55.4M$1.3B
Average market cap$52.5B$42.2B
Average P/E18.418.2
Portfolio turnover83%83%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familySalient Funds
Fund manager & tenureLee Partridge / 2 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

International stock53.67%
U.S. stock43.73%
Fixed income2.18%
Cash0.42%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 5.98%
CVS CVS Caremark3.71%
-- 3.46%
ROST Ross Stores Inc3.30%
ABT Abbott Laboratories3.23%
PEP Pepsi3.06%
NVS Novartis3.03%
-- 2.94%
SNY Sanofi2.88%
FISV Fiserv Inc2.52%