Datum One Series Trust - Phaeacian Global Value Fund
FPRAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- None
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 11601 Wilshire Boulevard Los Angeles CA United States of America 90025
- IPO Date
- Jan 2, 1980
- CIK
- 0000076210
- Similar Companies
- Business
- Datum One Series Trust - Phaeacian Global Value Fund (FPRAX) is an open-end mutual fund that seeks above-average capital appreciation over the long term while minimizing the risk of capital loss through investments in high-quality global equity securities. The Fund primarily invests at least 80% of its net assets in a diversified portfolio of equity and equity-related securities, including common stocks, preferred shares, convertible bonds, depositary receipts such as ADRs and GDRs, warrants, rights issues, and equity-linked notes, with at least 30% allocated to foreign issuers across developed and emerging markets; it typically holds 30 to 60 companies selected via a bottom-up qualitative approach emphasizing financial strength, sustainability, and quality to preserve capital through economic cycles. The Fund targets institutional and retail investors seeking global value exposure. The Fund operates as a series within Datum One Series Trust, a registered investment company launched in 2020 by Northern Trust to provide fund governance and administrative services for multiple series, including those managed by Brandes Investment Partners, Polar Capital, and Phaeacian Partners; the Trust maintains principal offices in Chicago, Illinois. Phaeacian Global Value Fund (FPRAX), the investor class shares, traces its strategy to a team originally from First Pacific Advisors (FPA), which in 2020 established a joint venture named Phaeacian Partners LLC with Polar Capital Holdings plc, under which Polar holds a 55% economic interest while the managers retain operational control and separate branding. Recent developments include the Fund's continued operation within the Datum One Series Trust platform amid Brandes Investment Partners' 2024 conversion of seven U.S. mutual funds into the Trust, enhancing administrative efficiencies; no major fund closures affected FPRAX, unlike certain Phaeacian-managed funds closed in 2022. The portfolio management team, led by Pierre O. Py, co-founder of Phaeacian Partners since 2011, employs its established global value discipline with a reported turnover of 34% and a minimum investment of $1,500 for FPRAX shares. The Fund distributes dividends semi-annually and remains available to investors globally, with geographic exposure spanning Europe (approximately 54%), North America (23%), Pacific Basin (19%), and emerging markets (4%).