Brandes
Brandes Small Cap Value Fund
Jun 2026 → Jun 2026
Our archive holds 1 letter from this strategy, behind 1 investment thesis and positions in 25 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year — follow all of Brandes for every strategy.
Performance
as of Jun 30, 2026 · net of fees · USD · Class I
- YTD+23.2%index +22.6%
- 1Y+45.0%index +40.8%
- 3Y · /yr+27.3%index +18.6%
- 5Y · /yr+17.1%index +7.0%
- 10Y · /yr+15.6%index +11.6%
- Inception · /yr+9.6%index +8.2%
Index: Russell 2000 Index
| YTD | 1Y | 3Yper year | 5Yper year | 10Yper year | Since inceptionper year | |
|---|---|---|---|---|---|---|
| Brandes Small Cap Value Fund | +23.2% | +45.0% | +27.3% | +17.1% | +15.6% | +9.6% |
| Russell 2000 Index | +22.6% | +40.8% | +18.6% | +7.0% | +11.6% | +8.2% |
Since inception: Since Inception 10/1/1997
Disclaimer
These figures are copied from the manager’s latest letter, as of Jun 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
the small-cap investment committee added two food products businesses, The Campbell’s Company and Conagra Brands, as well as building products company Fortune Brands Innovations.
the small-cap investment committee added two food products businesses, The Campbell’s Company and Conagra Brands, as well as building products company Fortune Brands Innovations.
the small-cap investment committee added two food products businesses, The Campbell’s Company and Conagra Brands, as well as building products company Fortune Brands Innovations.
Meanwhile, the investment committee exited positions in watch company Movado Group and National Bankshares; both appreciated to their respective intrinsic value estimates and were sold to pursue opportunities offering a greater margin of safety (discount to intrinsic value).
- ExitedNational BanksharesJun 2026
Meanwhile, the investment committee exited positions in watch company Movado Group and National Bankshares; both appreciated to their respective intrinsic value estimates and were sold to pursue opportunities offering a greater margin of safety (discount to intrinsic value).