
See exactly how MUNDX's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
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Under typical market conditions, this fund primarily invests in common stock issued by substantial U.S. and international corporations. These large-capitalization companies possess a market value of $10 billion or more. Its international holdings chiefly consist of American Depositary Receipts (ADRs), which are U.S. bank-issued certificates representing shares of foreign companies that trade on either domestic or overseas stock exchanges. The fund's overarching investment approach is rooted in value-based investing.
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