Artisan Small Cap Value  ARTVX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Small Value Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Small
   Blend
  
  
As of 2009-09-30
Day Change
$ -0.05
  
NAV (2009-11-10)
$ 13.73
  
YTD Return % (2009-11-10)
34.21%
  
Total Assets ($ mil)
2,126
View Data Definitions
  Performance    
Growth of $10,000 Fund: Artisan Small Cap Value
(from 1999-01-01 to 2009-10-31) Category: Small Value
Index: S&P 500 TR
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-10
Inception date: 1997-09-29 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-10
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 32.84 77.09 -1.44 5.81 11.27 9.79
+/- Category 13.65 65.87 6.28 4.79 3.24 ---
+/- S&P 500 TR 9.32 28.29 4.46 5.13 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 32.55 0.46 0.58 6.77 11.43 10.13
Month-End (as of 2009-10-31) 28.74 26.44 -1.51 6.14 11.27 9.79
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 25.85 -3.80 3.74 9.31 ---
On Distribution & Sale of Shares --- 17.68 -1.88 4.59 9.17 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 317 funds), (5 yrs : out of 242 funds), (10 yrs : out of 125 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
Information 25.06
Software 9.55
Hardware 12.61
Media 2.25
Telecommunications 0.64
Service 36.80
Healthcare 2.28
Consumer Services 6.71
Business Services 18.41
Financial Services 9.41
Manufacturing 38.14
Consumer Goods 3.33
Industrial Materials 16.91
Energy 7.95
Utilities 9.94
Asset Allocation
% of Net Assets
Cash 8.1
Stocks 91.9
Bonds 0.0
Other 0.0
Foreign Stocks 1.5
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings 112 Turnover % 75
Total Number of Bond Holdings 0 30 Day SEC Yield % 0.53
% of Assets in Top 10 Holdings 14.18 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector P/E YTD
Return %		 % of Net
Assets
MicroStrategy, Inc. 10.95 140.94 1.67
Varian, Inc. 16.03 52.37 1.49
El Paso Electric Company 10.46 8.51 1.45
Manhattan Associates, Inc. 16.81 52.44 1.41
Lawson Software, Inc. 135.14 36.71 1.39
Arrow Electronics, Inc. --- 40.50 1.38
Cleco Corporation 13.42 15.20 1.36
Quanex Building Products Corp 22.83 67.66 1.35
Monster Worldwide, Inc. 12.85 27.38 1.34
Acuity Brands, Inc. 10.46 -7.13 1.34
Data through 2009-09-30
YTD Return through 2009-11-20
  Other Information
Fund Inception: 1997-09-29
Portfolio Manager  (Start Date)
Scott C. Satterwhite  (1997-09-29)
Satterwhite is the Managing Director of Artisan Partners and has co-managed Artisan Partners’ Mid-Cap Value Strategy for over 5 years. He joined Artisan Partners in 1997. Satterwhite holds the Chartered Financial Analyst designation.
James C. Kieffer  (2000-06-30)
Kieffer serve as portfolio managers of the portion of the Small Cap Fund's assets allocated to Artisan and are responsible for researching investment opportunities and the securities selection process. He is Managing Directors of Artisan Partners and have co-managed Artisan Partners’ Mid-Cap Value Strategy for over 5 years. He joined Artisan Partners in 1997. Kieffer holds the Chartered Financial Analyst designation.
George O Sertl, Jr.  (2006-05-15)
Sertl serve as portfolio manager of the portion of the Small Cap Fund's assets allocated to Artisan and are responsible for researching investment opportunities and the securities selection process. He became co-manager of Artisan Partners’ Mid Cap Value strategy during May 2006. Prior to that time, he was an analyst working with Mr. Satterwhite and Mr. Kieffer on Artisan Partners’ Mid-Cap Value Strategy. Sertl joined Artisan Partners in 2000. Sertl holds the Chartered Financial Analyst designation.
Sales Charge %
(taken from prospectus dated 2009-10-01)
Front: None
Deferred: None
Expense Ratio % 1.20
based on net assets
(taken from annual report dated 2008-09-30)
Correspondence Information
875 East Wisconsin Ave Ste 800

Milwaukee,  WI  53202
Telephone:
800-344-1770
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.