LLPFX – Longleaf Partners Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital growth. The fund primarily owns common stock or securities convertible into common stock but may purchase other types of securities. The fund may invest up to 30% of assets in non-U.S. securities, which could include emerging market issuers, and may achieve its exposure to non-U.S. securities through investing in American depositary receipts (ADRs). It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
LLPFX	Longleaf Partners Fund	No Load	Open			Apr 8, 1987	$1.01B	0.790%	Below Average	$10,000	−$123.56M

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