- Ivy Pzena International Value Fund
Ivy Funds
- International
- Large-Cap
- Value
Summary
The fund seeks capital appreciation by investing in companies outside the United States.
The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
Next, the research team invests in securities of issuers located in, or with significant business, assets, or operations in, countries throughout the world other than the United States.
The team looks to invest in companies from a universe generally consisting of the 1,500 largest non-U.S. companies that it believes are undervalued on More
Price
Last Close
$15.73 ( +0.04 )
52 Week HL
$20.67 - $15.65
Net Assets
$215.7 M
Expense Ratio
1.41 %
Sector Allocation
Dec 31, 2020Top 10 Holdings
Mar 18, 2021Company Name
- Rexel SA
- A P
- BASF
- Panasonic Corp
- John Wood
Holding
- 3.6
- 3.4
- 3.1
- 3.1
- 3.1
Company Name
- Covestro AG
- POSCO
- J Sainsbury
- Komatsu Ltd
- Honda Motor
- Total
Holding
- 2.9
- 2.9
- 2.9
- 2.8
- 2.7
- 30.5%
Manager

Name
John P. Goetz
Leadership
Single Manager
Tenure
2003
Advisor
Pzena Investment Management, LLC
Performance
YTD
-14.7 %
3 Year
6.45%
5 Year
-6.64%
Best
16.93%
2017
Worst
-15.72%
2018
Returns +
Quarterly
2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Q1 | -5.8% | 11.2% | -30.4% | 7.3% | -4.2% | 4.8% | -2.2% | -1.2% | - | - | - |
Q2 | -7% | 3.1% | 17.8% | -1% | 2.3% | 0.7% | -2.3% | 0.1% | -100% | - | - |
Q3 | - | 2.1% | 4.6% | -2.5% | 2.2% | 5.3% | 8% | -11.5% | -2.2% | - | - |
Q4 | - | -4.8% | 22.4% | 8.3% | -13.6% | 4.6% | 9.2% | 1.7% | -5.6% | - | - |
Returns +
Monthly
J | F | M | A | M | J | J | A | S | O | N | D | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2022 | -3.7% | -0.1% | -2.1% | -4.7% | -5% | - | - | - | - | - | - | - |
2021 | 0.6% | 5.5% | 4.8% | 1.3% | 4.8% | -2.9% | 0.2% | 0.6% | 1.3% | -0.4% | -9.1% | 2% |
+
Annual
2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
0% | 29% | 16% | 29% | -6% | 19% | 8% | -1% | 14% | 29% | 0% |
Alpha
2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|
ICNGX | -15% | 8% | 5% | 15% | -16% | 17% | 13% | -11% | - | - | - |
S&P 500 | - | 29% | 16% | 29% | -6% | 19% | 8% | -1% | 14% | 29% | - |
Alpha | -15% | -21% | -11% | -14% | -9% | -2% | 5% | -10% | - | - | - |