Pzena International Value ETFPzena International Value ETFPzena International Value ETF

Pzena International Value ETF

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Key stats


Assets under management (AUM)
‪14.44 M‬USD
Fund flows (1Y)
‪13.55 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.2%
Shares outstanding
‪500.00 K‬
Expense ratio
0.70%

Details


Issuer
Pzena Investment Management LP
Brand
Pzena
Home page
Inception date
Apr 1, 2026
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Pzena Investment Management LLC
Distributor
Quasar Distributors LLC
ISIN
US00770X1963
CUSIP
00770X196
FIGI
BBG02187WWB3
Identifiers
ISIN US00770X1963
CFI code
CEOJLS
PZIV is designed for investors wanting a classic value exposure from the international equity market. It specifically invests in undervalued companies of any market-cap outside the US. The actively managed portfolio is comprised of 50 to 100 securities, selected using bottom-up fundamental research, and selling at a substantial discount. It will primarily hold developed market stocks, excluding the US, and may hold emerging market and frontier market securities up to 35%. The funds exposure may be from direct purchase of the non-US securities or through depositary receipts. It may also hold REITs, LPs, and MLPs, and invest up to 15% in illiquid assets. In selecting the constituents, the adviser will conduct a fundamental assessment considering estimated earnings, economic conditions, competitive or pricing pressures, competence of management, and ESG where necessary. The fund seeks long-term capital appreciation.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Value
Strategy
Active
Geography
Global Ex-U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Health Technology
Breakdown by region
1%74%23%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy

Frequently asked questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PZIV trades at 28.91 USD today, its price has risen 0.85% in the past 24 hours. Track more dynamics on PZIV price chart.
PZIV net asset value is 28.86 today — it's risen 3.46% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PZIV assets under management is ‪14.44 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PZIV fund flows account for ‪13.55 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PZIV invests in stocks. See more details in our Profile section.
PZIV expense ratio is 0.70%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PZIV isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, PZIV doesn't pay dividends to its holders.
PZIV trades at a premium (0.18%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PZIV shares are issued by Pzena Investment Management LP
PZIV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 1, 2026.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.