Global Dividend Fund

Global Dividend GROWTH

Concentrated portfolio of companies committed to rewarding shareholders through sustainable and growing dividends, targeting a 10% growth rate in dividends over the long-term.

The Blue Current Global Dividend Fund utilizes its investment expertise in growing cash flow through what we believe is a niche universe of high quality, dividend-paying companies with sustainable business models and dividend policies. The primary objectives are to pay a stable and increasing dividend each quarter and deliver attractive long term capital appreciation to investors.

The Blue Current investment team concentrates on a select portfolio of 35-50 companies across developed markets that meet our stringent qualities. We focus on companies that we believe have a history of rewarding shareholders and have the financial ability to continue to increase the dividend over time. We also focus on the future earnings potential of each company and strive to purchase those businesses when they are trading at a discount to their true value.

PERFORMANCE AS OF 9/30/2024

(annualized)

FUND FACTS

Ticker

BCGDX

Share Class

Institutional

Cusip

90386H834

Inception Date

9/18/2014

Gross Expense Ratio

1.49%

Net Expense Ratio

1.00%

Benchmark

MSCI World
High Dividend Index

Number of Holdings

38

30-day SEC Yield

1.90%

30-day SEC Yield (w/o waivers)

1.43%

Fund Assets ($ million)

$77.3

PE Ratio

18.8

Median Marketcap ($ billion)

$98.4

Trailing 12-month Div Growth

7.3%

Standard Deviation

13.6%

Top Holdings

Weight

RTX Corp

4.4%

Walmart Inc

3.7%

Morgan Stanley

3.6%

Hitachi Ltd

3.6%

Coca-Cola Company

3.5%

Broadcom Inc

3.2%

Targa Resources

3.2%

Microsoft Corp

3.0%

Coca-Cola Europacific

2.9%

Merck & Co

2.9%

HCA Healthcare

2.9%

Allianz AG

2.9%

Sector Breakdown

BCGDX

Index

Diff

Comm Services

3.4%

4.6%

-1.2%

Consumer Disc

4.6%

10.0%

-5.5%

Consumer Staples

15.6%

19.8%

-4.2%

Energy

7.2%

9.9%

-2.7%

Financials

23.0%

14.3%

8.7%

Health Care

11.8%

13.5%

-1.6%

Industrials

15.2%

10.3%

4.8%

Info Tech

13.2%

5.7%

7.5%

Materials

0.9%

5.4%

-4.5%

REITS

0.0%

0.4%

-0.4%

Utilities

0.0%

6.1%

-6.1%

Cash

5.2%

0.0%

5.2%

Country WEIGHTINGS

BCGDX

Index

Diff

United States

58.0%

59.5%

-1.5%

United Kingdom

10.0%

6.2%

3.8%

Japan

6.0%

7.5%

-1.5%

Switzerland

0.0%

7.1%

-7.1%

France

7.0%

4.3%

2.7%

Other

19.0%

15.4%

3.6%

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