Fund Evaluator:
Artisan Global Opportunities Advisor (APDRX)
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Best Performing in Global Large-Stock Growth Over the Last Year
| 28.7% | Fidelity Advisor Climate Action Z (FCLZX) |
| 28.6% | Fidelity Climate Action (FCAEX) |
| 27.7% | T. Rowe Price Global Stock (PRGSX) |
| 23.1% | Fidelity Advisor Worldwide Z (FIQOX) |
| 23.0% | Fidelity Worldwide (FWWFX) |
Fund Details
Artisan Global Opportunities Advisor Overview
Artisan Global Opportunities Advisor (APDRX) is an actively managed International Equity Global Large-Stock Growth fund. Artisan Partners Funds launched the fund in 2015.
The investment seeks long-term capital growth. The fund's investment team employs a fundamental investment process to construct a diversified portfolio of U.S. and non-U.S. growth companies across a broad capitalization range. The team seeks to invest in companies that the advisor believes possess franchise characteristics, are benefiting from an accelerating profit cycle and are trading at a discount to its estimate of private market value.
About Artisan Global Opportunities Advisor (APDRX)
There are 5 members of the management team with an average tenure of 11.00 years: Matthew Kamm (2010), Jay Warner (2022), Jason White (2011), Angela Wu (2026), James Hamel (2008). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI ACWI NR USD index with a weighting of 100%. Artisan Global Opportunities Advisor has 58 securities in its portfolio. The top 10 holdings constitute 36.5% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Artisan Global Opportunities Advisor is part of the Equity global asset class and is within the International Equity fund group. Artisan Global Opportunities Advisor has 23.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 72.6%. There is 23.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Artisan Global Opportunities Advisor has 4.0% of the portfolio in cash.
Assets Under Management
The fund has $286 million in total assets, which is below the $988 million average for the Global Large-Stock Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
APDRX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Artisan Global Opportunities Advisor expense ratio is high compared to funds in the Global Large-Stock Growth category. Artisan Global Opportunities Advisor has an expense ratio of 1.06%, which is 5% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. A portfolio turnover rate cannot be currently calculated for Artisan Global Opportunities Advisor. By way of comparison, the average portfolio turnover is 47% for the Global Large-Stock Growth category.
Recently, in the month of July 2026, Artisan Global Opportunities Advisor returned -3.3%, which earned it a grade of D, as the Global Large-Stock Growth category had an average return of -2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Artisan Global Opportunities Advisor has a trailing yield of 0.00%, which is below the 0.27% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Artisan Global Opportunities Advisor Grades
Year to date, the fund has returned 4.0%, 2.0 percentage points worse than the category, which translates into a grade of D. The fund has returned 5.0% over the past year (grade of D), 11.2% over the past three years (grade of D) and 2.9% per year over the past five years (grade of F) and 11.0% per year over the past 10 years (grade of D).
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APDRX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| APDRX Return (NAV) | -3.3% | 0.5% | 5.0% | 11.2% | 2.9% | 11.0% |
| APDRX Grade | D | F | D | D | F | D |
| +/- Category | -0.9% | -2.3% | -6.6% | -3.4% | -3.3% | -1.1% |
| Global Large-Stock Growth Avg | -2.4% | 2.8% | 11.6% | 14.6% | 6.2% | 12.1% |
| APDRX Tax Cost Ratio | na | na | 0.8% | 1.4% | 1.3% | 1.3% |
APDRX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| APDRX Return (NAV) | 4.0% | 9.0% | 15.1% | 23.1% | -30.3% | 13.8% | 40.0% | 35.7% | -8.9% | 31.3% | 4.9% |
| APDRX Grade | D | F | D | C | D | D | A | A | D | C | A |
| +/- Category | -2.0% | -7.3% | -2.5% | -2.2% | -3.5% | -1.0% | 6.9% | 5.0% | -1.8% | 0.5% | 3.3% |
| Global Large-Stock Growth Avg | 6.0% | 16.3% | 17.6% | 25.4% | -26.8% | 14.8% | 33.0% | 30.7% | -7.1% | 30.9% | 1.5% |
| Risk Measures | |
| Standard Deviation: | 13.4% |
| Total Risk Index: | 1.09 - Above Average |
| Category Risk Index: | 0.87 - Below Average |
| Category Risk Grade: | B (33% Rank) |
| Beta: | 0.96 |
| R-Squared: | 82% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1605 Mil |
| Fund Total Assets: | $ 286 Mil |
| Share Class Type: | Adv |
| Portfolio Turnover: | na |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 17.9 years | |||
| Average Tenure: 11.0 years | |||
| Managers (Year): Hamel James (2008), Kamm Matthew (2010), White Jason (2011), Warner Jay (2022), Wu Angela (2026) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 58 |
| % in Top 10 Holdings: | 36.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 23.4% |
Portfolio Allocation |
|
| Domestic Stock: | 72.6% |
| Foreign Stock: | 23.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 4.0% |
Purchase Information
| Fund Family: | Artisan Partners Funds |
| Phone Number: | 800-344-1770 |
| Website: | www.artisanfunds.com |
| Status: | Open |
| Inception Date: | April 1, 2015 |
| Min. Initial Purchase: | $250,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 1.06% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.12% |
| Share Class: | Artisan Global Opportunities Inv |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
