Important Notice: Fraudulent Schemes Impersonating Tweedy, Browne Company LLC

There have been recent incidents of individuals and groups falsely claiming to be associated with Tweedy, Browne Company LLC (“Tweedy, Browne”) and its employees on social media platforms and messaging apps. These imposters have engaged in a variety of unauthorized conduct, including soliciting customers to carry out trading activities with them, constructing fake websites that purport to represent or be hosted by Tweedy Browne, and impersonating Tweedy Browne using the genuine names of Tweedy Browne employees to offer investment opportunities.

There have also been fake websites and mobile applications that claim to be Tweedy Browne when in fact they are not. These are scams and not sponsored, endorsed by or in any way affiliated or authorized by Tweedy Browne.
Please be aware that Tweedy Browne does not engage in any investment activities, provide training or financial services, or conduct other regulated activities through social media platforms or messaging apps such as WhatsApp.

Tweedy Browne and its employees, officers, affiliates and agents are not responsible for any conduct by unauthorized parties and channels, nor are they responsible for the services or information provided by such unauthorized parties and channels. You may also submit a report through the Federal Bureau of Investigation’s Internet Crime Complaint Center at https://www.ic3.gov/.

Buybacks . Dividends + Value Fund Allocations | Tweedy, Browne

Buybacks . Dividends + Value Fund*

The intelligent investor is a realist who sells to optimists and buys from pessimists.

BENJAMIN GRAHAM, The Intelligent Investor
Top 20 Equity Holdings AS OF 08/31/2026
Roche Holding AG
4.40
Switzerland

Roche Holding AG develops and manufactures pharmaceutical and diagnostic products. The Company produces prescription drugs in the areas of cardiovascular, infectious, autoimmune, and respiratory diseases, dermatology, metabolic disorders, oncology, transplantation, and the central nervous system.

CNH Industrial NV
3.97
United States

CNH Industrial NV through its brands, designs, produces and sells trucks, commercial vehicles, buses, special vehicles, agricultural and construction equipment, in addition to engines and transmissions for those vehicles and engines for marine applications. The company also provides equipment financing services.

Novartis
3.33
Switzerland

Novartis AG manufactures pharmaceutical and consumer healthcare products. The Company produces pharmaceuticals for cardiovascular, respiratory and infectious diseases, oncology, neuroscience, transplantation, dermatology, gastrointestinal and urinary conditions, and arthritis, vaccines and diagnostics, vision, and animal health products.

DHL Group
3.24
Germany

DHL Group operates as a logistics company. The Company offers letter and parcel dispatch, express delivery, freight transport, supply chain management, and e-commerce solutions. DHL Group serves customers worldwide.

Aalberts NV
3.23
Netherlands

Aalberts N.V. designs, develops, and manufactures hydronic flow control and treatment systems. The Company provides integrated piping systems to distribute and regulate water and gas flows in heating, cooling, and sprinkler systems in residential, commercial, and industrial buildings. Aalberts serves industrial, automotive, aerospace, transportation, and semiconductor sectors worldwide.

United Overseas Bank
3.14
Singapore

United Overseas Bank Limited provides a wide range of financial services including personal financial services, wealth management, private banking, commercial and corporate banking, transaction banking, investment banking, corporate finance, capital market activities, treasury services, futures broking, asset management, venture capital management and insurance.

Bunzl PLC
3.12
United Kingdom

Bunzl plc is a distribution group supplying a range of non-food consumable products for customers to operate their businesses but which they do not actually sell. The Company partners with both suppliers and customers in providing outsourcing solutions and service-oriented distribution. Bunzl’s main customer markets include grocery, foodservice, cleaning, and safety.

Nestlé
3.10
Switzerland

Nestle SA is a multinational packaged food company that manufactures and markets a wide range of food products. The Company’s product line includes milk, chocolate, confectionery, bottled water, coffee, creamer, food seasoning and pet foods.

DBS Group Holdings
2.96
Singapore

DBS Group Holdings Limited and its subsidiaries provide a variety of financial services. The Company offers services including mortgage financing, lease and hire purchase financing, nominee and trustee, funds management, corporate advisory and brokerage . DBS Group also acts as the primary dealer in Singapore government securities.

Diageo PLC
2.75
Great Britain

Diageo plc produces, distills and markets alcoholic beverages. The Company offers a wide range of branded beverages, including vodkas, whiskeys, tequilas, gins, and beer.

Inchcape PLC
2.67
Great Britain

Inchcape PLC is a global automotive distributor and retailer. The Company acts as a vehicle and parts distributor in multiple markets. In these markets, Inchcape has exclusive responsibility for managing the value chain on behalf of a focused portfolio of premium and luxury brand partners. Over two thirds of the Group profit is derived from Asia Pacific and emerging markets.

Kemira OYJ
2.64
Finland

Kemira Oyj is a global water chemistry company serving customers in water-intensive industries. The Company offers chemical products and integrated systems that help customers in the water-intensive pulp and paper industry, water treatment chemicals for municipalities and industrial customers, and chemical extraction and process solutions for oil and mining industries.

Trelleborg AB
2.60
Sweden

Trelleborg AB manufactures and distribues industrial products. The Company produces noise supression and anti-vibration systems for the automobile industry and completes wheel systems for forest and farm machines and other equipment. Trelleborg also develops and makes industrial fluid systems and polymer and bitumen based building products. The Company markets worldwide.

Johnson Service Group
2.27
Great Britain

Johnson Service Group PLC is a workwear and linen rental services provider. The Group comprises two main divisions: Workwear and HORECA (Hotel, Restaurant, and Catering). Johnson Service Group operates across the UK.

ADEKA Corporation
2.15
Japan

Adeka Corporation manufactures basic chemicals and foodstuffs. The Company’s products include
resin products, insulators, and processed fat/oil products.

Safran SA
2.15
France

Safran SA manufactures propulsion, communications, defense, security, and aerospace equipment. The Company produces engines for airplanes, helicopters, missiles and launch vehicles, mobile telephones, printing terminals, broadband networks, landing gear, wheels and brakes, aircraft wiring, inertial navigation systems, optronics, avionics, and fingerprint biometric equipment.

Computacenter plc
2.14
Great Britain

Computacenter plc provides distributed information technology and related services to corporate and public sector organizations. The Group’s services are divided into three sectors: logistical operations, consolidation and integration, and operational management. Computacenter has operations in the UK, France, Luxembourg, and Belgium.

Sodexo SA
2.13
France

Sodexo operates as a food services company. The Company offers catering services, facilities management, and employee benefit solutions. Sodexo serves school, healthcare sectors, and government agencies worldwide.

 

Rubis SCA
2.10
France

Rubis SCA distributes liquefied petroleum gas and stores bulk liquides. The Company stores hydrocarbons, chemicals, fertilizers and edible oils. Rubis also distributes liquefied petroleum gas (LPG) in Europe.

BAE Systems PLC
1.94
Great Britain

BAE Systems plc develops, delivers, and supports advanced defense and aerospace systems. The Group manufactures military aircraft, surface ships, submarines, radar, avionics, communications, electronics, and guided weapon systems. BAE Systems services clients located throughout the world.

Total
56.03%
September 5th 2007

Buybacks . Dividends + Value Fund*
is established

Country Allocations
AS OF 08/31/2026
Market Value
Number of Issues
Percent
Country
Equities
50,493,914
58
87.99
Developed Europe
36,184,630
31
63.05
Belgium
735,740
1
1.28
Finland
1,514,722
1
2.64
France
4,932,940
5
8.6
Germany
2,902,918
3
5.06
Netherlands
2,855,346
2
4.98
Sweden
1,490,004
1
2.6
Switzerland
6,215,350
3
10.83
United Kingdom
15,537,610
15
27.08
Developed Asia & Pacific
9,321,071
12
16.24
Hong Kong
518,997
1
0.9
Japan
5,300,422
9
9.24
Singapore
3,501,652
2
6.1
Emerging Markets
2,545,641
7
4.44
China
713,168
1
1.24
Greece
268,794
1
0.47
Indonesia
250,886
1
0.44
Mexico
697,745
2
1.22
South Korea
316,798
1
0.55
Thailand
298,250
1
0.52
U.S. and Canada
2,442,572
8
4.26
Canada
323,898
1
0.56
United States
2,118,674
7
3.69
Hedging
0
0
Other Assets (Liabilities)
1,263,288
2.2
Net Cash
5,628,658
9.81
Total
57,385,860
100.00%

Size is often the Achilles heel of an investment management business. Our size allows us the flexibility to meaningfully invest fund assets in smaller and medium-sized companies.

TWEEDY, BROWNE
Market Capitalization AS OF 08/31/2026
% Equity
>50 Billion
35.64
25 - 50 Billion
0.62
10 - 25 Billion
17.85
2 - 10 Billion
35.38
<2 Billion
10.52
Sector Allocations AS OF 08/31/2026
% Equity
Communication Services
3.16
Consumer Discretionary
15.72
Consumer Staples
13.04
Energy
0.60
Financials
11.81
Health Care
11.98
Industrials
26.27
Information Technology
5.52
Materials
9.49
Real Estate
0.00
Utilities
2.40

* Formerly known as Tweedy, Browne Worldwide High Dividend Yield Value Fund prior to May 27, 2026.

The allocations of investments shown above reflect the Fund’s investments on the date indicated and may not be representative of the Fund’s current or future holdings.