Fund Evaluator:
Tweedy, Browne Value (TWEBX)
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Best Performing in Global Large-Stock Value Over the Last Year
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Fund Details
Tweedy, Browne Value Overview
Tweedy, Browne Value (TWEBX) is an actively managed International Equity Global Large-Stock Value fund. Tweedy, Browne launched the fund in 1993.
The investment seeks long-term capital growth. The fund invests primarily in U.S. and foreign equity securities that the Adviser believes are undervalued. The Adviser seeks to construct a diversified portfolio of stocks from a variety of industries and countries. Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies with value characteristics.
About Tweedy, Browne Value (TWEBX)
There are 7 members of the management team with an average tenure of 16.64 years: Robert Wyckoff, Jr. (2007), Thomas Shrager (2003), John Hill (2013), Roger de Bree (2013), Frank Hawrylak (2014), Andrew Ewert (2022), John Spears (1993). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI World NR USD index with a weighting of 100%. Tweedy, Browne Value has 213 securities in its portfolio. The top 10 holdings constitute 28.8% 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.
Tweedy, Browne Value is part of the Equity global asset class and is within the International Equity fund group. Tweedy, Browne Value has 65.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 27.3%. There is 65.8% 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). Tweedy, Browne Value has 6.6% of the portfolio in cash.
Assets Under Management
The fund has $493 million in total assets, which is below the $514 million average for the Global Large-Stock Value 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.
TWEBX 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 Tweedy, Browne Value expense ratio is high compared to funds in the Global Large-Stock Value category. Tweedy, Browne Value has an expense ratio of 1.45%, which is 38% higher than its category average, making the fund expense ratio grade a F. 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. Tweedy, Browne Value has a portfolio turnover rate of 16%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 47% for the Global Large-Stock Value category.
Recently, in the month of August 2026, Tweedy, Browne Value returned 2.0%, which earned it a grade of B, as the Global Large-Stock Value category had an average return of 2.0%. 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.
Tweedy, Browne Value has a trailing yield of 1.16%, which is below the 1.74% 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.
Tweedy, Browne Value Grades
Year to date, the fund has returned 16.8%, 1.9 percentage points better than the category, which translates into a grade of B. The fund has returned 25.5% over the past year (grade of B), 14.4% over the past three years (grade of F) and 9.7% per year over the past five years (grade of D) and 8.9% per year over the past 10 years (grade of F).
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TWEBX Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| TWEBX Return (NAV) | 2.0% | 5.4% | 25.5% | 14.4% | 9.7% | 8.9% |
| TWEBX Grade | B | C | B | F | D | F |
| +/- Category | 0.0% | 0.5% | 3.3% | -3.8% | -1.1% | -1.5% |
| Global Large-Stock Value Avg | 2.0% | 4.9% | 22.2% | 18.2% | 10.7% | 10.4% |
| TWEBX Tax Cost Ratio | na | na | 1.1% | 1.9% | 2.0% | 1.9% |
TWEBX Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TWEBX Return (NAV) | 16.8% | 21.6% | 1.4% | 15.2% | -5.7% | 16.2% | -2.0% | 16.1% | -6.4% | 16.5% | 9.7% |
| TWEBX Grade | B | D | F | B | B | F | F | F | A | D | B |
| +/- Category | 1.9% | -2.5% | -8.3% | 0.5% | 3.4% | -2.9% | -6.1% | -6.9% | 3.9% | -2.2% | 0.2% |
| Global Large-Stock Value Avg | 14.8% | 24.1% | 9.7% | 14.7% | -9.1% | 19.1% | 4.1% | 22.9% | -10.3% | 18.7% | 9.5% |
| Risk Measures | |
| Standard Deviation: | 10.1% |
| Total Risk Index: | 0.83 - Average |
| Category Risk Index: | 0.87 - Low |
| Category Risk Grade: | A (10% Rank) |
| Beta: | 0.60 |
| R-Squared: | 54% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Value |
| Bond Investment Style: | na |
| Yield: | 1.2% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $493 Mil |
| Fund Total Assets: | $ 493 Mil |
| Share Class Type: | No Load |
| Portfolio Turnover: | 16% |
Management Team
| Number of Managers: 7 | |||
| Longest Tenure: 32.8 years | |||
| Average Tenure: 16.6 years | |||
| Managers (Year): Spears John (1993), Shrager Thomas (2003), Wyckoff, Jr. Robert (2007), Hill John (2013), de Bree Roger (2013), Hawrylak Frank (2014), Ewert Andrew (2022) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 213 |
| % in Top 10 Holdings: | 28.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 65.8% |
Portfolio Allocation |
|
| Domestic Stock: | 27.3% |
| Foreign Stock: | 65.8% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.4% |
| Cash: | 6.6% |
Purchase Information
| Fund Family: | Tweedy, Browne |
| Phone Number: | 800-432-4789 |
| Website: | www.tweedy.com |
| Status: | Open |
| Inception Date: | December 8, 1993 |
| Min. Initial Purchase: | $2,500 |
| Min. Initial IRA Purchase: | $ 500 |
| 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 (%): | 1.45% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.05% |
| Share Class: | Tweedy, Browne Value |
| Min. Subsequent Purchase: | $ 200 |
| Min. Subsequent IRA Purchase: | $ 200 |
