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WEFIX Weitz Short-Intermediate Inc Instl

  • Fund
  • WEFIX
  • Price as of: Dec 02, 2016
  • $12.36
  • + $0.01
  • + 0.08%
  • Category
  • Total Bond Market

WEFIX - Profile

Vitals

  • YTD Return 1.3%
  • 3 Yr Annualized Return 1.9%
  • 5 Yr Annualized Return 2.1%
  • Net Assets $1.22 B
  • Holdings in Top 10 19.1%

52 WEEK LOW AND HIGH

$12.36
$12.15
$12.51

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.62%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 23.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000,000

IRA

$1,000,000

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Short-Term Bond

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return 1.9%
  • 5 Yr Annualized Total Return 2.1%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.00%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Weitz Short-Intermediate Income Fund
  • Fund Family Name Weitz
  • Inception Date Dec 23, 1988
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Thomas D. Carney

WEFIX - Performance

Return Ranking - Trailing

Period WEFIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.3% -8.1% 202.4% 23.64% 2
1 Yr 3.1% -12.6% 13.2% 56.35% 3
3 Yr 1.9% * -5.8% 8.5% 59.15% 4
5 Yr 2.1% * -2.8% 9.4% 63.40% 4
10 Yr 3.7% * -1.7% 9.8% 57.96% 3

* Annualized


Return Ranking - Calendar

Period WEFIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.1% -33.0% 3.0% 24.44% 3
2014 -0.3% -9.3% 14.9% 42.65% 4
2013 -0.8% -24.1% 40.4% 12.80% 2
2012 1.9% -100.0% 18.7% 42.88% 4
2011 -0.1% -20.6% 15.5% 37.36% 3

Total Return Ranking - Trailing

Period WEFIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.0% -7.3% 205.2% 18.08% 1
1 Yr 3.1% -12.6% 16.3% 43.63% 3
3 Yr 1.9% * -7.2% 8.5% 52.24% 3
5 Yr 2.1% * -3.7% 9.4% 59.41% 4
10 Yr 3.7% * -1.7% 9.8% 55.89% 3

* Annualized


Total Return Ranking - Calendar

Period WEFIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 0.3% -32.5% 4.5% 10.11% 1
2014 1.8% -8.3% 16.8% 41.79% 3
2013 1.2% -12.9% 58.5% 8.25% 1
2012 4.5% -100.0% 35.2% 37.94% 3
2011 2.4% -20.7% 18.1% 40.82% 3

NAV & Total Return History

WEFIX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

WEFIX Category Low Category High WEFIX % Rank Quintile
Net Assets 1.22 B 319 K 176 B 10.83% 3
Number of Holdings 215 1 17569 17.60% 4
Net Assets in Top 10 234 M -36 B 21.3 B 10.02% 2
Weighting of Top 10 19.1% 0.0% 1093.9% 21.31% 4

Top 10 Holdings

  1. Redwood Tr Cv 4.625% 2.67%
  2. US Treasury Note 1.375% 2.07%
  3. US Treasury Note 1% 2.05%
  4. US Treasury Note 0.875% 2.05%
  5. US Treasury Note 0.875% 2.04%
  6. US Treasury Note 2% 1.69%
  7. FNMA 3.5% 1.66%
  8. US Treasury Note 0.875% 1.64%
  9. Regency Engy Partners 6.5% 1.64%
  10. US Treasury Note 0.75% 1.64%

Asset Allocation

Weighting Category Low Category High WEFIX % Rank Quintile
Bonds
90.40% -175.98% 192.68% 16.73% 4
Cash
5.69% -96.63% 275.92% 13.33% 2
Convertible Bonds
2.67% 0.00% 12.73% 0.81% 1
Stocks
1.25% -3.27% 98.09% 2.95% 1
Preferred Stocks
0.00% -0.45% 17.13% 7.27% 3
Other
0.00% -30.71% 98.36% 13.43% 4

Stock Sector Breakdown

Weighting Category Low Category High WEFIX % Rank Quintile
Real Estate
0.97% -0.31% 15.95% 2.34% 1
Consumer Cyclical
0.28% -0.36% 12.25% 3.78% 1
Financial Services
0.00% -0.47% 17.99% 7.68% 2
Industrials
0.00% -0.83% 11.90% 5.34% 2
Healthcare
0.00% -1.47% 13.44% 4.34% 1
Technology
0.00% -2.37% 18.95% 5.23% 1
Energy
0.00% -0.88% 10.68% 5.45% 2
Communication Services
0.00% -0.57% 8.42% 3.89% 2
Consumer Defense
0.00% -0.34% 13.63% 4.89% 1
Utilities
0.00% -0.13% 4.31% 5.34% 2
Basic Materials
0.00% -0.43% 12.15% 5.01% 2

Stock Geographic Breakdown

Weighting Category Low Category High WEFIX % Rank Quintile
US
1.25% -2.87% 90.73% 2.64% 1
Non US
0.00% -1.22% 96.69% 3.00% 1

Bond Sector Breakdown

Weighting Category Low Category High WEFIX % Rank Quintile
Corporate
43.61% 0.00% 221.70% 11.09% 2
Securitized
25.73% 0.00% 105.84% 16.94% 3
Government
21.42% -389.49% 128.09% 13.28% 3
Cash & Equivalents
4.46% -63.55% 416.01% 15.16% 3
Municipal
0.46% 0.00% 105.76% 10.78% 3
Derivative
0.00% -513.07% 38.63% 2.34% 1

Bond Geographic Breakdown

Weighting Category Low Category High WEFIX % Rank Quintile
US
89.64% -370.09% 180.29% 6.56% 2
Non US
0.76% -45.82% 351.70% 27.62% 5

WEFIX - Expenses

Operational Fees

WEFIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.62% 0.00% 42.51% 11.55% 2
Management Fee 0.40% 0.00% 2.15% 2.95% 2
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.25% 0.00% 0.63% 1.05% 5

Sales Fees

WEFIX Fees (% of AUM) Category Low Category High WEFIX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.15% 5.50% N/A N/A

Trading Fees

WEFIX Fees (% of AUM) Category Low Category High WEFIX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

WEFIX Fees (% of AUM) Category Low Category High WEFIX Rank Quintile
Turnover 23.00% 0.00% 1856.00% 15.83% 1

WEFIX - Distributions

Dividend Yield Analysis

WEFIX Category Low Category High WEFIX % Rank Quintile
Dividend Yield 0.2% 0.00% 1.30% 18.02% 3

Dividend Distribution Analysis

WEFIX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

WEFIX Category Low Category High WEFIX % Rank Quintile
Net Income Ratio 2.00% -1.76% 17.13% 13.84% 3

Capital Gain Distribution Analysis

WEFIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Daily Annually

WEFIX - Managers

Thomas D. Carney

Manager

Start Date

Jan 31, 1996

Tenure

20.76

Tenure Rank

0.5%

Carney has been a fixed income analyst and securities trader for Weitz & Co. since February, 1995. He has been a portfolio manager for the Predecessor Partnership since January, 1996. Carney was previously a municipal securities analyst with Smith Barney. Carney has a Chartered Financial Analyst designation.


Tenure Analysis

Category Low

0.0

Category High

27.9

Category Average

6.07

Category Mode

4.8