LNXSY - Longleaf Partners International Fund Q1 2024 Commentary
2024-04-24 09:00:00 ET
Summary
- Longleaf Partners Funds is a suite of mutual funds and UCITS funds that Southeastern Asset Management, the investment advisor to the Longleaf Partners Funds, created in 1987 as a way for Southeastern employees to invest alongside their clients.
- Longleaf Partners International Fund returned 3.64% in the quarter, which compared to the FTSE Developed-ex-North America Index return of 5.47%.
- Japan has benefitted from capital inflows at the expense of markets like China and Hong Kong.
- We continue to upgrade the portfolio on qualitative and quantitative fronts.
Fund Characteristics
| P/V Ratio |
| Low-70s% |
| Cash |
| 4.3% |
| # of Holdings |
| 25 |
All data as of March 31, 2024
| Annualized Total Return |
| 1Q (%) |
| 1 Year (%) |
| 3 Year (%) |
| 5 Year (%) |
| 10 Year (%) |
| Since Inception (%) |
| International Fund |
| 3.64 |
| 8.37 |
| -2.78 |
| 0.66 |
| 1.38 |
| 6.21 |
| FTSE Developed ex- North America |
| 5.47 |
| 15.52 |
| 3.95 |
| 7.21 |
| 4.85 |
| 5.78 |
| FTSE Developed ex- North America Value |
| 4.91 |
| 16.32 |
| 4.33 |
| 6.23 |
| -- |
| -- |