AVES 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: 9.68% at a quoted market price (level 1), 30 issuer countries.

AVES's largest investment is LG Electronics Inc at 1.58% of net assets. ASE Technology Holding Co Ltd and LG Innotek Co Ltd follow; the three together are 4.45%. Ten companies are 12.26% of the fund; the other 1,873 share the rest. Among the 721 equity funds measured here, AVES behaves like 252.9 holdings against a median of 42.4 — 6.0 times the median. Across 19 quarterly filings AVES has become less concentrated: it behaved like 167.5 at 2021-11-30 and 252.9 at 2026-05-31. Between the 2026-02-28 and 2026-05-31 filings 178 positions were added and 123 dropped; 22.7% of the weight moved. Taiwan is the largest country at 27.06% of the portfolio, across 30 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 2021-11-30 and 2026-05-31, AVES went from behaving like 167.5 equally weighted positions to 252.9 — 51% more, while its top ten went from 13.65% to 12.26% 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.

AVES's filing lists 1,884 positions including 1.62% of net assets in securities-lending cash collateral. Counted as filed the fund reads 235.6 effective holdings with a top ten of 12.93%; on its own investments — the figure above — it reads 252.9 with a top ten of 12.26%. The collateral is matched by a liability and is not a holding the fund chose; since 2026-09-18 every figure on this site sets it aside (methodology). Both numbers are in the data.

The 15 largest of 1,883 positions in AVES's Form N-PORT, weight as a share of net assets, securities-lending collateral excluded. Every position, every quarter: AVES.csv.gz.

Share of AVES'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 AVES's own filings, 57 months on record. Not computed here and not from a price feed.

Cross-checked against a series computed separately from prices: median difference 0.20 percentage points over 56 months, which is roughly the distributions. Every month with the filing it came from: AVES.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, $180m was out to 22 borrowers, 12.27% of net assets. The largest, BARCLAYS CAPITAL SECURITIES LIMITED, held 27.1% of it.

Cash collateral reported against the loan: 1.62% of net assets, 13.2% 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 AVES has filed, with each borrower: AVES.json · all funds.

1,821 positions became 1,876: 178 added (5.8% of the fund at the later date), 123 dropped (4.3% at the earlier date). Half the sum of all weight changes, a turnover proxy: 22.7%. Positions are matched on identifiers, so a security whose identifier changed shows as one drop and one add. Every filing of AVES compared this way, as a feed: changes.xml · all funds: filings received.

New: Unimicron Technology Corp (1.17%), Geely Automobile Holdings Ltd (0.52%), NetEase Inc (0.39%), Hyundai Rotem Co Ltd (0.35%), Elite Semiconductor Microelectronics Technology Inc (0.26%), Fomento Economico Mexicano SAB de CV (0.20%). Gone: Zhaojin Mining Industry Co Ltd (0.47%), Maruti Suzuki India Ltd (0.40%), FirstRand Ltd (0.32%), Mahindra & Mahindra Ltd (0.26%), Bank Polska Kasa Opieki SA (0.23%), PTT PCL (0.19%).

98.22% equity, 1.78% short-term investment as filed; 9.7% 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 $1.46B. 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 AVES (252.9). Same filings, same arithmetic. Position in this list says nothing about which fund is better.