Fund Evaluator:
Artisan Developing World Investor (ARTYX)
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Best Performing in Diversified Emerging Mkts Over the Last Year
| 69.4% | Invesco Emerging Markets ex-China Y (GTDYX) |
| 66.8% | WCM Focused Emerging Mkts Ex Chn Inv (WCFEX) |
| 63.7% | Matthews Emerging Markets Sust Fut Inv (MASGX) |
| 61.5% | American Century Emerging Markets Y (AEYMX) |
| 61.0% | American Century Emerging Markets Inv (TWMIX) |
Fund Details
Artisan Developing World Investor Overview
Artisan Developing World Investor (ARTYX) is an actively managed International Equity Diversified Emerging Mkts fund. Artisan Partners Funds launched the fund in 2015.
The investment seeks long-term capital appreciation. The fund's investment team employs a fundamental investment process to construct a diversified portfolio of securities that offers exposure to developing world economies. In pursuit of this goal, the team generally invests substantially in equity securities of issuers domiciled in or economically tied to countries the team considers to have characteristics typical of the developing world. Under normal circumstances, the fund invests substantially in equity securities of issuers domiciled in or economically tied to one or more markets in the developing world.
About Artisan Developing World Investor (ARTYX)
There are 1 members of the management team with an average tenure of 11.01 years: Lewis Kaufman (2015). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI EM NR USD index with a weighting of 100%. Artisan Developing World Investor has 45 securities in its portfolio. The top 10 holdings constitute 46.6% 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 Developing World Investor is part of the Equity global asset class and is within the International Equity fund group. Artisan Developing World Investor has 63.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 33.4%. There is 63.2% 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 Developing World Investor has 3.5% of the portfolio in cash.
Assets Under Management
The fund has $200 million in total assets, which is below the $1 billion average for the Diversified Emerging Mkts 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.
ARTYX 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 Developing World Investor expense ratio is high compared to funds in the Diversified Emerging Mkts category. Artisan Developing World Investor has an expense ratio of 1.30%, which is 12% higher than its category average, making the fund expense ratio grade a D. 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 Developing World Investor. By way of comparison, the average portfolio turnover is 68% for the Diversified Emerging Mkts category.
Recently, in the month of June 2026, Artisan Developing World Investor returned 0.1%, which earned it a grade of C, as the Diversified Emerging Mkts category had an average return of 0.2%. 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 Developing World Investor has a trailing yield of 0.00%, which is below the 1.58% 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 Developing World Investor Grades
Year to date, the fund has returned -2.6%, 28.3 percentage points worse than the category, which translates into a grade of F. The fund has returned -10.0% over the past year (grade of F), 11.7% over the past three years (grade of F) and -2.9% per year over the past five years (grade of F) and 10.7% per year over the past 10 years (grade of B).
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ARTYX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ARTYX Return (NAV) | 0.1% | 17.8% | -10.0% | 11.7% | -2.9% | 10.7% |
| ARTYX Grade | C | D | F | F | F | B |
| +/- Category | -0.1% | -4.2% | -54.1% | -10.2% | -9.3% | 1.0% |
| Diversified Emerging Mkts Avg | 0.2% | 22.0% | 44.1% | 21.9% | 6.4% | 9.7% |
| ARTYX Tax Cost Ratio | na | na | 0.0% | 0.0% | 0.5% | 0.5% |
ARTYX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ARTYX Return (NAV) | -2.6% | 7.8% | 28.0% | 29.5% | -41.4% | -9.9% | 81.2% | 41.7% | -15.7% | 35.1% | 11.7% |
| ARTYX Grade | F | F | A | A | F | F | A | A | C | D | B |
| +/- Category | -28.3% | -23.6% | 21.8% | 17.4% | -18.7% | -9.7% | 59.6% | 19.8% | 0.7% | -1.5% | 3.1% |
| Diversified Emerging Mkts Avg | 25.7% | 31.4% | 6.2% | 12.1% | -22.6% | -0.2% | 21.6% | 21.9% | -16.4% | 36.6% | 8.6% |
| Risk Measures | |
| Standard Deviation: | 18.2% |
| Total Risk Index: | 1.50 - High |
| Category Risk Index: | 1.12 - High |
| Category Risk Grade: | F (89% Rank) |
| Beta: | 0.86 |
| R-Squared: | 43% |
| 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: | $3018 Mil |
| Fund Total Assets: | $ 201 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | na |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 11.0 years | |||
| Average Tenure: 11.0 years | |||
| Managers (Year): Kaufman Lewis (2015) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 45 |
| % in Top 10 Holdings: | 46.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 63.2% |
Portfolio Allocation |
|
| Domestic Stock: | 33.4% |
| Foreign Stock: | 63.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 3.5% |
Purchase Information
| Fund Family: | Artisan Partners Funds |
| Phone Number: | 800-344-1770 |
| Website: | www.artisanfunds.com |
| Status: | Open |
| Inception Date: | June 29, 2015 |
| Min. Initial Purchase: | $1,000 |
| 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 (%): | 1.30% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.16% |
| Share Class: | Artisan Developing World Institutional |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
