Bridge Builder International Equity Fund

Bridge Builder International Equity Fund

BBIEX
Bridge Builder International Equity FundUS flagNASDAQ
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USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Financial Services
Industry
Asset Management
Address
Milwaukee, WI 53202 San Francisco CA United States of America 94105
IPO Date
Jul 6, 2015
Business
Bridge Builder International Equity Fund (BBIEX) is an open-end mutual fund that seeks capital appreciation by investing primarily in non-U.S. dollar denominated equity securities of large capitalization companies deriving a majority of their revenues or profits from countries other than the United States. Under normal market conditions, the fund allocates at least 80% of its net assets (plus borrowings for investment purposes) to equity securities and similar instruments, including derivatives and certain investment companies tracking equity performance; its portfolio emphasizes a blend style across diversified sectors such as industrials (20.57%), financial services (17.69%), technology (12.53%), healthcare (10.93%), and consumer cyclicals (9.11%), with top holdings including JPMorgan US Government MMkt IM, Nestle SA, Rolls-Royce Holdings PLC, Roche Holding AG, and AIA Group Ltd. The fund benchmarks against the MSCI EAFE Index and maintains geographic diversification, with significant exposure to the Eurozone (30.34%), Japan (17.17%), the United Kingdom (16.73%), Europe ex-Euro (8.59%), and developed Asia (8.38%). Launched on July 6, 2015, and domiciled in the United States, BBIEX operates within the Foreign Large Blend category and is managed by Olive Street Investment Advisers, LLC, with co-managers including Manning & Napier Advisors, LLC, Mondrian Investment Partners Limited, Baillie Gifford Overseas Limited, BlackRock Investment Management, LLC, Marathon Asset Management LLP, WCM Investment Management, and Pzena Investment Management LLC. As of late 2025, the fund oversees approximately $22.97 billion in net assets, with a net expense ratio of 0.34% and a turnover ratio of 32%, targeting U.S.-based investors seeking core international equity exposure. It is distributed through platforms associated with Edward Jones and remains available for sale in the United States, with no front-end or deferred loads and a minimum initial investment of zero. Recent developments include sustained asset growth to over $22 billion amid stable operations, with portfolio managers such as Elizabeth Desmond, Nigel Bliss, Paul Black, Michael Trigg, Alex Simcox, Steven Dutaut, and Allison Fisch continuing to oversee allocations as of 2025. The fund has maintained its multi-manager structure without reported mergers, acquisitions, or strategic shifts in the last 1-2 years, focusing instead on consistent performance benchmarking and sector diversification. Olive Street Investment Advisers, LLC, the primary adviser affiliated with Edward Jones, reported managing $169.54 billion in total assets as of September 2025, underscoring the fund's integration within a broader platform of investment companies.