AVEM holdings

Computed by this site from the fund's SEC Form N-PORT filing; what the measure does not tell you · every fund in one table · hold it with other funds? X-ray the mix. Pricing: 17.78% at a quoted market price (level 1), 34 issuer countries.

AVEM's largest investment is SK Hynix Inc at 7.82% of net assets. Taiwan Semiconductor Manufacturing Co Ltd and Samsung Electronics Co Ltd follow; the three together are 19.85%. Ten companies are 29.83% of the fund; the other 3,909 share the rest. Among the 721 equity funds measured here, AVEM behaves like 59.3 holdings against a median of 42.4 — close to the median. Across 27 quarterly filings AVEM has become more concentrated: it behaved like 195.5 at 2019-11-30 and 59.3 at 2026-05-31. Between the 2026-02-28 and 2026-05-31 filings 52 positions were added and 76 dropped; 13.7% of the weight moved. Taiwan is the largest country at 26.58% of the portfolio, across 34 countries in the filing.

Each sentence is read from the fund's own SEC filing; the class median is computed across the comparable equity funds on this site. Nothing here is a view on the fund.

Between 2019-11-30 and 2026-05-31, AVEM went from behaving like 195.5 equally weighted positions to 59.3 — 70% fewer, while its top ten went from 17.29% to 29.83% of net assets. Read across the funds on the concentration-over-time table.

One row per filed reporting period, newest first, read from EDGAR. Quarterly because that is the public filing cadence. Rows marked * are published but held out of the comparison above; the methodology page says when and why.

The 15 largest of 3,919 positions in AVEM's Form N-PORT, weight as a share of net assets, securities-lending collateral excluded. Every position, every quarter: listed with the point-in-time files, available on request.

Share of AVEM's own investments by the issuer country the filer reported (incorporation, not revenue). Each country links to every fund that holds it.

Monthly total returns from Item B.5 of AVEM's own filings, 81 months on record. Not computed here and not from a price feed.

Cross-checked against a series computed separately from prices: median difference 0.24 percentage points over 80 months, which is roughly the distributions. Every month with the filing it came from: AVEM.json · all funds.

The fund lends its holdings, and Item B.4.a of the filing names every firm holding them. At 2026-05-31, $1.8bn was out to 29 borrowers, 6.89% of net assets. The largest, BARCLAYS CAPITAL SECURITIES LIMITED, held 20.7% of it.

Cash collateral reported against the loan: 0.60% of net assets, 8.7% of the amount lent. That is a floor on the collateral, not the whole of it — collateral the fund does not hold as a position is not in this filing, so a figure under 100% is not evidence of under-collateralisation. How that figure behaves across all funds. Every quarter AVEM has filed, with each borrower: AVEM.json · all funds.

3,900 positions became 3,876: 52 added (0.1% of the fund at the later date), 76 dropped (0.2% at the earlier date). Half the sum of all weight changes, a turnover proxy: 13.7%. Positions are matched on identifiers, so a security whose identifier changed shows as one drop and one add. Every filing of AVEM compared this way, as a feed: changes.xml · all funds: filings received.

New: Vedanta Aluminium Metal Ltd (0.03%), Rabigh Refining & Petrochemical Co (0.02%), China Oilfield Services Ltd (0.02%), VOYAH Automobile Technology Co Ltd (0.01%), Bradsaude SA (0.01%), Transformers & Rectifiers India Ltd (0.01%). Gone: Dongfeng Motor Group Co Ltd (0.06%), iQIYI Inc (0.02%), Cia Siderurgica Nacional SA (0.02%), Gujarat State Petronet Ltd (0.02%), OPAP Holding SA (0.01%), Odontoprev SA (0.01%).

99.29% equity, 0.70% short-term investment as filed; 17.8% carried at a quoted market price (fair-value level 1). Categories and levels are the filer's; what a low level-1 share does and does not mean is in the measure's page.

A position count cannot describe a fund that uses derivatives, because a swap is filed at its unrealised gain, not its exposure. These are the notionals the fund itself reported, against net assets of $26.03B. Notional of an interest-rate or currency swap is not equity exposure.

Full detail for every fund that files derivatives: leverage.json (CC BY 4.0).

Every measured equity fund lined up by how many holdings it behaves like; these sit either side of AVEM (59.3). Same filings, same arithmetic. Position in this list says nothing about which fund is better.

The same filings read aloud in under a minute. Links open YouTube; nothing from it loads on this page.

• AVEM reports 3920 holdings. It behaves like 59.1. 2026-09-18