# Causeway International Value Fund Class Institutional (CIVIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/civix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Causeway · Asset class: Equity - Strategy: Actively Managed · Inception: 2001-10-26 This investment vehicle principally dedicates its resources to the ordinary shares of corporations domiciled in established economies beyond American borders. Typically, no less than 80% of its entire portfolio is directed towards international equities, with a significant portion of these holdings concentrated in companies that either issue dividends or buy back their own stock. The fund also has the flexibility to commit up to 15% of its total assets to enterprises situated in developing or less advanced markets. ## Key Facts | Metric | Value | |---|---| | Price | $23.98 | | Expense Ratio | 0.85% | | AUM (All Share Classes) | $18.56B | | NAV | $23.98 | | Holdings Count | — | | Distribution Yield (TTM) | 9.53% | | Annual Distribution (TTM) | $2.28 /share | | Distribution Frequency | Annual | | 52-Week Range | $21.64 – $26.79 | | Beta | 0.95 | ## Latest Distribution - Amount: $2.2842 /share - Ex-date: 2025-12-22 - Pay date: 2025-12-23 ## Frequently Asked Questions ### What does CIVIX invest in? This investment vehicle principally dedicates its resources to the ordinary shares of corporations domiciled in established economies beyond American borders. Typically, no less than 80% of its entire portfolio is directed towards international equities, with a significant portion of these holdings concentrated in companies that either issue dividends or buy back their own stock. The fund also has the flexibility to commit up to 15% of its total assets to enterprises situated in developing or less advanced markets. ### What is the expense ratio of CIVIX? Causeway International Value Fund Class Institutional (CIVIX) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is CIVIX? Causeway International Value Fund Class Institutional (CIVIX) is one share class of a fund that manages $18.56B across all of its share classes (CIVVX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is CIVIX actively managed or an index fund? CIVIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (CIVIX's is 0.85%) in exchange for the discretion to over- or under-weight positions. ### When was CIVIX launched? Causeway International Value Fund Class Institutional (CIVIX) launched in October 2001 and is managed by Causeway. ### How has CIVIX performed? CIVIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does CIVIX pay a dividend? Causeway International Value Fund Class Institutional (CIVIX) currently distributes little or no income. Trailing-twelve-month yield is 9.53%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does CIVIX pay dividends? Causeway International Value Fund Class Institutional pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is CIVIX's dividend yield? CIVIX's trailing-twelve-month yield is 9.53%, calculated from the sum of dividends over the past year divided by the current price. ### When is CIVIX's next ex-dividend date? The most recently announced ex-dividend date for CIVIX was 2025-12-22. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will CIVIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.85% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does CIVIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from CIVIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does CIVIX cost more than a fund like VOO? CIVIX is actively managed (current expense ratio 0.85%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether CIVIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to CIVIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as CIVIX (0.85%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/civix - Distribution history: https://www.dividenddata.com/funds/civix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/civix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/civix/expenses - Peer comparison: https://www.dividenddata.com/funds/civix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.