Seafarer Overseas Growth and Income Fund

Overview

The Seafarer Overseas Growth and Income Fund is a mutual fund that primarily invests in the securities of companies located in developing countries. Its investment strategy includes dividend-paying common stocks, preferred stocks, and fixed-income securities, aiming to provide long-term capital appreciation along with some current income. The fund seeks to mitigate adverse volatility in returns by focusing on companies capable of generating sustained financial performance, typically manifesting in the payment of steady or growing dividends over time. This approach is based on the belief that dividends can act as an underappreciated signal for the quality of long-term corporate performance. The fund's holdings are selected through bottom-up, fundamental research on individual companies, focusing on cash flow, capital structure, and control parties. As of February 10, 2026, the fund's net asset value (NAV) for the Investor Class (SFGIX) was $16.62, with a 52-week range between $10.93 and $14.38. The fund has an expense ratio of 0.97% and a dividend yield of 2.4%. The minimum initial investment for the Investor Class is $2,500, with a minimum subsequent investment of $100. The fund's portfolio turnover is 16%, indicating a relatively low level of trading activity. The Seafarer Overseas Growth and Income Fund is managed by Seafarer Capital Partners, a firm focused on emerging markets, employing a bottom-up, fundamental investment approach. The fund's objective is to provide long-term investment portfolios that offer sustainable growth, reasonable income, suitable diversification, and mitigate volatility. Founded in 2011, Seafarer is a wholly employee-owned firm located in the San Francisco Bay Area.