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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.85

$177 M

0.50%

$0.04

1.02%

Vitals

YTD Return

-0.3%

1 yr return

1.5%

3 Yr Avg Return

-5.4%

5 Yr Avg Return

-2.4%

Net Assets

$177 M

Holdings in Top 10

27.0%

52 WEEK LOW AND HIGH

$7.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.02%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 40.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.85

$177 M

0.50%

$0.04

1.02%

WMBDX - Profile

Distributions

  • YTD Total Return -0.3%
  • 3 Yr Annualized Total Return -5.4%
  • 5 Yr Annualized Total Return -2.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.72%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    WesMark Government Bond Fund
  • Fund Family Name
    WesMark
  • Inception Date
    May 21, 1998
  • Shares Outstanding
    24601119
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Steven Kellas

Fund Description

The Fund pursues its investment objective by investing primarily in U.S. government securities. U.S. government securities include U.S. Treasury securities as well as securities of U.S. government sponsored entities, (GSE). The Fund’s portfolio may also include investment-grade corporate debt securities and certain taxable securities issued by municipal entities such as Build America Bonds. The Fund does not invest in noninvestment-grade corporate debt securities (e.g. “junk bonds”) as part of its principal investment strategy.

Certain GSE securities may not be backed by the full faith and credit of the U.S. government, such as those issued by the Federal Home Loan Mortgage Corporation (Freddie Mac), the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Bank System. These entities are, however, supported through federal subsidies, loans or other benefits. The Fund may also invest in GSE securities that are supported by the full faith and credit of the U.S. Government, such as those issued by the Government National Mortgage Association (Ginnie Mae). Finally, the Fund may invest in a few GSE securities that have no explicit financial support, but which are regarded as having implied support because the federal government sponsors their activities. Such securities include those issued by the Farm Credit System and the Financing Corporation.

The Fund may invest in collateralized mortgage obligations (CMOs) issued by U.S. governmental or government related enterprises. The Fund’s investment in CMO’s may be significant. CMOs have various call features and may be issued in multiple classes, with each class having a specific coupon rate and stated maturity or final distribution date. The Adviser invests in CMOs in an attempt to increase the Fund’s return by taking advantage of current and potential yield differentials existing from time to time between CMOs and other mortgage-backed or federal agency securities.

WesBanco Investment Department, a division of WesBanco Bank, Inc. (the Adviser), selects securities with longer or shorter durations based on its interest rate outlook, but does not target any specific duration for the Fund. Duration measures the price sensitivity of a fixed-income security to changes in interest rates. The Fund may invest in securities with any maturity.

Because the Fund refers to U.S. government bonds in its name, it will notify shareholders at least 60 days in advance of any change in its investment policies that would enable the Fund to normally invest less than 80% of its assets in U.S. government fixed-income securities.

For additional information on the Fund’s investment strategies, please see the section “More About the Funds’ Investment Strategies and Risks” beginning on page 31 of this prospectus.

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WMBDX - Performance

Return Ranking - Trailing

Period WMBDX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.3% -6.0% 3.9% 48.27%
1 Yr 1.5% -10.3% 16.1% 85.60%
3 Yr -5.4%* -10.4% 26.2% 98.53%
5 Yr -2.4%* -6.6% 191.4% 99.55%
10 Yr -0.6%* -2.4% 73.7% 99.50%

* Annualized

Return Ranking - Calendar

Period WMBDX Return Category Return Low Category Return High Rank in Category (%)
2023 -0.6% -16.2% 8.1% 95.74%
2022 -18.6% -34.7% 131.9% 90.59%
2021 -2.7% -11.6% 4.4% 23.13%
2020 1.5% -10.1% 946.1% 92.03%
2019 2.6% -1.7% 156.4% 94.19%

Total Return Ranking - Trailing

Period WMBDX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.3% -6.0% 3.9% 48.27%
1 Yr 1.5% -10.3% 16.1% 85.60%
3 Yr -5.4%* -10.4% 26.2% 98.53%
5 Yr -2.4%* -6.6% 191.4% 99.55%
10 Yr -0.6%* -2.4% 73.7% 99.50%

* Annualized

Total Return Ranking - Calendar

Period WMBDX Return Category Return Low Category Return High Rank in Category (%)
2023 2.9% -11.3% 11.0% 97.32%
2022 -17.0% -32.2% 131.9% 96.36%
2021 -1.2% -9.4% 9.2% 58.61%
2020 3.8% -1.9% 1009.0% 96.40%
2019 3.7% 1.1% 21668.0% 98.97%

NAV & Total Return History


WMBDX - Holdings

Concentration Analysis

WMBDX Category Low Category High WMBDX % Rank
Net Assets 177 M 2.73 M 292 B 82.52%
Number of Holdings 105 1 17889 93.84%
Net Assets in Top 10 49.4 M -106 M 36.5 B 81.12%
Weighting of Top 10 27.03% 4.4% 134.1% 39.96%

Top 10 Holdings

  1. Federated Hermes Government Obligations Fund, Premier Class 4.96%
  2. Freddie Mac Pool 2.58%
  3. Fannie Mae Pool 2.56%
  4. Freddie Mac Pool 2.56%
  5. Freddie Mac Pool 2.46%
  6. Fannie Mae Pool 2.42%
  7. Fannie Mae Pool 2.41%
  8. Fannie Mae Pool 2.37%
  9. Freddie Mac Pool 2.36%
  10. Fannie Mae Pool 2.36%

Asset Allocation

Weighting Return Low Return High WMBDX % Rank
Bonds
92.81% 0.00% 215.98% 60.94%
Cash
5.19% -54.51% 88.26% 29.75%
Stocks
2.00% 0.00% 99.93% 5.76%
Preferred Stocks
0.00% 0.00% 74.68% 40.02%
Other
0.00% -13.23% 58.65% 78.38%
Convertible Bonds
0.00% 0.00% 7.93% 88.57%

Stock Sector Breakdown

Weighting Return Low Return High WMBDX % Rank
Utilities
0.00% 0.00% 100.00% N/A
Technology
0.00% 0.00% 43.45% N/A
Real Estate
0.00% 0.00% 99.26% N/A
Industrials
0.00% 0.00% 48.31% N/A
Healthcare
0.00% 0.00% 17.70% N/A
Financial Services
0.00% 0.00% 100.00% N/A
Energy
0.00% 0.00% 100.00% N/A
Communication Services
0.00% 0.00% 100.00% N/A
Consumer Defense
0.00% 0.00% 99.67% N/A
Consumer Cyclical
0.00% 0.00% 100.00% N/A
Basic Materials
0.00% 0.00% 100.00% N/A

Stock Geographic Breakdown

Weighting Return Low Return High WMBDX % Rank
US
2.00% 0.00% 99.93% 5.77%
Non US
0.00% 0.00% 86.52% 18.98%

Bond Sector Breakdown

Weighting Return Low Return High WMBDX % Rank
Securitized
71.65% 0.00% 98.40% 5.32%
Municipal
21.78% 0.00% 100.00% 2.36%
Cash & Equivalents
4.96% 0.00% 88.06% 29.45%
Government
4.05% 0.00% 86.23% 91.92%
Derivative
0.00% -5.38% 58.65% 47.26%
Corporate
0.00% 0.00% 100.00% 98.52%

Bond Geographic Breakdown

Weighting Return Low Return High WMBDX % Rank
US
92.81% 0.00% 215.98% 52.84%
Non US
0.00% 0.00% 39.04% 48.63%

WMBDX - Expenses

Operational Fees

WMBDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.02% 0.01% 39.10% 25.84%
Management Fee 0.60% 0.00% 1.76% 95.65%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% 0.69%

Sales Fees

WMBDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

WMBDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

WMBDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.00% 2.00% 493.39% 12.90%

WMBDX - Distributions

Dividend Yield Analysis

WMBDX Category Low Category High WMBDX % Rank
Dividend Yield 0.50% 0.00% 9.75% 69.14%

Dividend Distribution Analysis

WMBDX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Monthly Monthly

Net Income Ratio Analysis

WMBDX Category Low Category High WMBDX % Rank
Net Income Ratio 0.72% -1.28% 4.79% 93.52%

Capital Gain Distribution Analysis

WMBDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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WMBDX - Fund Manager Analysis

Managers

Steven Kellas


Start Date

Tenure

Tenure Rank

Jan 07, 2013

9.4

9.4%

Kellas has been employed by WesBanco Bank since 1989, serving as Senior Vice President and Investment Officer for WesBanco Trust and Investment Services since June 2011. Mr. Kellas is a Chartered Financial Analyst, and received a B.S. degree in Business Administration from West Liberty State College and an M.B.A. degree from Wheeling Jesuit University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 33.43 6.82 1.16