Capital Gains ESTIMATE – 2023

Capital Gains ESTIMATE – 2023

2023 capital gains estimates for the Cambiar Opportunity Fund and Cambiar Small Cap Fund are now available.

Cambiar Investors LLC is releasing this information at this time to serve the best interests of the shareholders, by assisting them in evaluating the impact of capital gains on their tax liability. Final distribution rates will be published on the Fund’s scheduled declaration date. To receive a distribution, you must be a registered shareholder of the Fund on the record date.

Capital gains and dividend distributions for the Cambiar International Small Cap Fund (CAMFX) has been paid on November 28, 2023. For investors within the International Equity Fund, SMID Fund, and Aggressive Value ETF, no capital gains distribution is expected.

Based on the number of shares outstanding as of October 31, 2023, Cambiar Investors LLC expects to declare the following capital gains for the Opportunity Fund (CAMOX | CAMWX) and Small Cap Fund (CAMSX | CAMZX).




Please note that this information is preliminary and subject to revision. All estimates are subject to change due to fund share purchase and redemption activity through the Fund’s record date.






To determine if a Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Funds’ full and summary prospectus, which may be obtained by calling 1-866-777-8227 or by clicking here. Please read the prospectus carefully before investing.

Risk Disclosures

Mutual fund investing involves risk including loss of principal.

Cambiar Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Cambiar Investors LLC or its affiliates.