Old Westbury Fixed Income Fund
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.9%
1 yr return
5.6%
3 Yr Avg Return
-0.6%
5 Yr Avg Return
0.4%
Net Assets
$1.44 B
Holdings in Top 10
55.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.69%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 58.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
OWFIX - Profile
Distributions
- YTD Total Return 1.9%
- 3 Yr Annualized Total Return -0.6%
- 5 Yr Annualized Total Return 0.4%
- Capital Gain Distribution Frequency Quarterly
- Net Income Ratio 0.97%
- Dividend Yield 4.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameOld Westbury Fixed Income Fund
-
Fund Family NameOld Westbury
-
Inception DateNov 13, 2000
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Rossmiller
Fund Description
The Fund invests primarily in a diversified portfolio of investment-grade bonds and notes of any maturity. The Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in investment-grade fixed income securities including corporate, asset-backed, mortgage-backed, and U.S. Government securities. The Adviser attempts to manage the Fund’s “total return” (which includes both changes in principal value of the Fund’s securities and income earned) by lengthening or shortening the average maturity of the Fund’s securities according to whether the Adviser expects market interest rates to rise or decline. The Fund may also engage in futures and options transactions, both to increase return and/or to hedge, or protect, its exposure to, for example, interest rate movements, movements in the commodities or securities markets and currency value fluctuations. In addition, the Fund may invest in exchange-traded funds (“ETFs”), convertible securities, municipal securities, and inflation-
protected securities such as Treasury Inflation Protected Securities (“TIPS”) and similar bonds issued by governments outside of the United States. Fixed income securities held by the Fund may be of any maturity.
OWFIX - Performance
Return Ranking - Trailing
Period | OWFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | -6.4% | 11.1% | 59.34% |
1 Yr | 5.6% | -2.5% | 16.8% | 93.22% |
3 Yr | -0.6%* | -9.8% | 27.7% | 6.79% |
5 Yr | 0.4%* | -7.5% | 58.4% | 30.86% |
10 Yr | 1.1%* | -2.9% | 73.8% | 72.73% |
* Annualized
Return Ranking - Calendar
Period | OWFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.6% | -16.2% | 8.1% | 71.81% |
2022 | -10.2% | -34.7% | 131.9% | 0.84% |
2021 | -3.7% | -11.6% | 4.4% | 63.81% |
2020 | 2.2% | -10.1% | 946.1% | 83.96% |
2019 | 4.1% | -1.7% | 16.9% | 84.70% |
Total Return Ranking - Trailing
Period | OWFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | -6.4% | 11.1% | 59.34% |
1 Yr | 5.6% | -2.5% | 16.8% | 93.22% |
3 Yr | -0.6%* | -9.8% | 27.7% | 6.79% |
5 Yr | 0.4%* | -7.5% | 58.4% | 30.86% |
10 Yr | 1.1%* | -2.9% | 73.8% | 72.73% |
* Annualized
Total Return Ranking - Calendar
Period | OWFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.8% | -11.3% | 11.9% | 87.76% |
2022 | -8.4% | -32.2% | 131.9% | 1.16% |
2021 | -1.9% | -9.4% | 9.2% | 83.39% |
2020 | 6.1% | -1.9% | 1009.0% | 87.94% |
2019 | 6.1% | 1.1% | 21668.0% | 94.42% |
NAV & Total Return History
OWFIX - Holdings
Concentration Analysis
OWFIX | Category Low | Category High | OWFIX % Rank | |
---|---|---|---|---|
Net Assets | 1.44 B | 2.9 M | 314 B | 51.59% |
Number of Holdings | 146 | 1 | 17787 | 91.57% |
Net Assets in Top 10 | 768 M | 1.62 M | 35.1 B | 34.94% |
Weighting of Top 10 | 55.29% | 4.4% | 432.9% | 9.39% |
Top 10 Holdings
- United States Treasury Note/Bond 9.27%
- United States Treasury Note/Bond 7.53%
- United States Treasury Note/Bond 7.31%
- United States Treasury Note/Bond 7.14%
- United States Treasury Note/Bond 5.97%
- United States Treasury Note/Bond 5.77%
- United States Treasury Note/Bond 3.81%
- Federated Hermes US Treasury Cash Reserves 3.24%
- United States Treasury Note/Bond 2.65%
- United States Treasury Inflation Indexed Bonds 2.60%
Asset Allocation
Weighting | Return Low | Return High | OWFIX % Rank | |
---|---|---|---|---|
Bonds | 92.32% | 0.00% | 993.61% | 66.36% |
Other | 3.85% | -27.25% | 52.94% | 53.65% |
Cash | 3.83% | -54.51% | 237.69% | 39.47% |
Convertible Bonds | 1.86% | 0.00% | 7.93% | 35.61% |
Stocks | 0.00% | 0.00% | 99.99% | 85.23% |
Preferred Stocks | 0.00% | 0.00% | 71.02% | 84.07% |
Bond Sector Breakdown
Weighting | Return Low | Return High | OWFIX % Rank | |
---|---|---|---|---|
Government | 55.23% | 0.00% | 86.23% | 1.86% |
Corporate | 34.92% | 0.00% | 100.00% | 33.85% |
Securitized | 7.50% | 0.00% | 98.40% | 93.69% |
Cash & Equivalents | 3.24% | -0.46% | 237.69% | 41.01% |
Municipal | 0.70% | 0.00% | 100.00% | 34.16% |
Derivative | 0.00% | -1.58% | 44.82% | 71.43% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | OWFIX % Rank | |
---|---|---|---|---|
US | 92.32% | 0.00% | 993.61% | 59.51% |
Non US | 0.00% | 0.00% | 30.95% | 85.51% |
OWFIX - Expenses
Operational Fees
OWFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.69% | 0.01% | 39.64% | 50.26% |
Management Fee | 0.40% | 0.00% | 1.76% | 69.26% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.04% | 0.01% | 0.50% | 7.87% |
Sales Fees
OWFIX 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% | 4.00% | N/A |
Trading Fees
OWFIX 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.
OWFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 58.00% | 2.00% | 493.39% | 22.06% |
OWFIX - Distributions
Dividend Yield Analysis
OWFIX | Category Low | Category High | OWFIX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.05% | 0.00% | 10.11% | 72.72% |
Dividend Distribution Analysis
OWFIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
OWFIX | Category Low | Category High | OWFIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.97% | -1.28% | 4.79% | 89.06% |
Capital Gain Distribution Analysis
OWFIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Quarterly | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 12, 2024 | $0.102 | OrdinaryDividend |
Mar 14, 2024 | $0.091 | OrdinaryDividend |
Dec 14, 2023 | $0.091 | OrdinaryDividend |
Sep 14, 2023 | $0.080 | OrdinaryDividend |
Jun 15, 2023 | $0.076 | OrdinaryDividend |
Mar 16, 2023 | $0.067 | OrdinaryDividend |
Dec 15, 2022 | $0.059 | OrdinaryDividend |
Sep 15, 2022 | $0.055 | OrdinaryDividend |
Jun 16, 2022 | $0.049 | OrdinaryDividend |
Mar 17, 2022 | $0.043 | OrdinaryDividend |
Dec 13, 2021 | $0.041 | OrdinaryDividend |
Dec 13, 2021 | $0.025 | CapitalGainLongTerm |
Sep 13, 2021 | $0.045 | OrdinaryDividend |
Jun 14, 2021 | $0.049 | OrdinaryDividend |
Mar 15, 2021 | $0.053 | OrdinaryDividend |
Dec 14, 2020 | $0.042 | OrdinaryDividend |
Dec 14, 2020 | $0.038 | CapitalGainShortTerm |
Dec 14, 2020 | $0.203 | CapitalGainLongTerm |
Sep 14, 2020 | $0.049 | OrdinaryDividend |
Jun 15, 2020 | $0.051 | OrdinaryDividend |
Mar 16, 2020 | $0.052 | OrdinaryDividend |
Dec 09, 2019 | $0.052 | OrdinaryDividend |
Sep 09, 2019 | $0.054 | OrdinaryDividend |
Jun 10, 2019 | $0.060 | OrdinaryDividend |
Mar 11, 2019 | $0.047 | OrdinaryDividend |
Dec 10, 2018 | $0.055 | OrdinaryDividend |
Sep 10, 2018 | $0.052 | OrdinaryDividend |
Jun 11, 2018 | $0.052 | OrdinaryDividend |
Mar 12, 2018 | $0.048 | OrdinaryDividend |
Dec 11, 2017 | $0.045 | OrdinaryDividend |
Sep 11, 2017 | $0.042 | OrdinaryDividend |
Jun 12, 2017 | $0.038 | OrdinaryDividend |
Mar 13, 2017 | $0.040 | OrdinaryDividend |
Dec 12, 2016 | $0.038 | OrdinaryDividend |
Sep 12, 2016 | $0.040 | OrdinaryDividend |
Jun 13, 2016 | $0.035 | OrdinaryDividend |
Mar 14, 2016 | $0.034 | OrdinaryDividend |
Dec 14, 2015 | $0.032 | OrdinaryDividend |
Sep 14, 2015 | $0.042 | OrdinaryDividend |
Jun 15, 2015 | $0.040 | OrdinaryDividend |
Mar 16, 2015 | $0.031 | OrdinaryDividend |
Dec 15, 2014 | $0.034 | OrdinaryDividend |
Sep 15, 2014 | $0.045 | OrdinaryDividend |
Jun 16, 2014 | $0.051 | OrdinaryDividend |
Mar 17, 2014 | $0.046 | OrdinaryDividend |
Dec 16, 2013 | $0.061 | OrdinaryDividend |
Dec 16, 2013 | $0.022 | CapitalGainLongTerm |
Sep 16, 2013 | $0.054 | OrdinaryDividend |
Jun 17, 2013 | $0.060 | OrdinaryDividend |
Mar 18, 2013 | $0.057 | OrdinaryDividend |
Dec 10, 2012 | $0.052 | OrdinaryDividend |
Dec 10, 2012 | $0.019 | CapitalGainShortTerm |
Dec 10, 2012 | $0.040 | CapitalGainLongTerm |
Sep 17, 2012 | $0.060 | OrdinaryDividend |
Jun 18, 2012 | $0.066 | OrdinaryDividend |
Mar 19, 2012 | $0.066 | OrdinaryDividend |
Dec 12, 2011 | $0.083 | OrdinaryDividend |
Dec 12, 2011 | $0.019 | CapitalGainShortTerm |
Dec 12, 2011 | $0.239 | CapitalGainLongTerm |
Sep 19, 2011 | $0.079 | OrdinaryDividend |
Jun 20, 2011 | $0.077 | OrdinaryDividend |
Mar 21, 2011 | $0.078 | OrdinaryDividend |
Dec 06, 2010 | $0.088 | OrdinaryDividend |
Dec 06, 2010 | $0.018 | CapitalGainShortTerm |
Dec 06, 2010 | $0.016 | CapitalGainLongTerm |
Sep 20, 2010 | $0.090 | OrdinaryDividend |
Jun 21, 2010 | $0.095 | OrdinaryDividend |
Mar 22, 2010 | $0.085 | OrdinaryDividend |
Dec 09, 2009 | $0.206 | OrdinaryDividend |
Dec 09, 2009 | $0.043 | CapitalGainShortTerm |
Dec 09, 2009 | $0.069 | CapitalGainLongTerm |
Jun 15, 2009 | $0.170 | OrdinaryDividend |
Dec 08, 2008 | $0.221 | OrdinaryDividend |
Dec 08, 2008 | $0.023 | CapitalGainShortTerm |
Dec 08, 2008 | $0.104 | CapitalGainLongTerm |
Jun 16, 2008 | $0.210 | OrdinaryDividend |
Dec 11, 2007 | $0.235 | OrdinaryDividend |
Dec 11, 2007 | $0.006 | CapitalGainShortTerm |
Dec 11, 2007 | $0.010 | CapitalGainLongTerm |
Jun 18, 2007 | $0.200 | OrdinaryDividend |
Dec 11, 2006 | $0.272 | OrdinaryDividend |
Jun 13, 2006 | $0.155 | OrdinaryDividend |
Dec 19, 2005 | $0.226 | OrdinaryDividend |
Dec 19, 2005 | $0.027 | CapitalGainLongTerm |
Jun 16, 2005 | $0.179 | OrdinaryDividend |
Dec 17, 2004 | $0.185 | OrdinaryDividend |
Dec 17, 2004 | $0.004 | CapitalGainLongTerm |
Jun 18, 2004 | $0.172 | OrdinaryDividend |
Dec 19, 2003 | $0.195 | OrdinaryDividend |
Dec 19, 2003 | $0.071 | CapitalGainLongTerm |
Jun 23, 2003 | $0.165 | OrdinaryDividend |
Dec 19, 2002 | $0.243 | OrdinaryDividend |
Jun 19, 2002 | $0.202 | OrdinaryDividend |
Dec 19, 2001 | $0.211 | OrdinaryDividend |
OWFIX - Fund Manager Analysis
Managers
David Rossmiller
Start Date
Tenure
Tenure Rank
Nov 30, 2012
9.5
9.5%
Mr. David W. Rossmiller, Managing Director and Head of Fixed Income for Bessemer Investment Management LLC. Mr. Rossmiller joined the firm in May 2010. He was the Global Head of Fixed Income for Deutsche Bank Private Wealth Management from 2003 until he joined Bessemer. Mr. Rossmiller joined Bankers Trust in 1993, which was later acquired by Deutsche Bank in 1999. Mr. Rossmiller attended the University of Michigan from 1975 to 1977, and received a Bachelor of Music in 1980 from the Hartt School of Music and a Master of Public and Private Management in 1985 from Yale University.
Beatriz Cuervo
Start Date
Tenure
Tenure Rank
Feb 28, 2014
8.26
8.3%
Ms. Beatriz M. Cuervo, Principal of the Bessemer Investment Management LLC. Ms. Cuervo joined Bessemer in June 2009 as a credit analyst for fixed income securities. Ms. Cuervo also worked at Libra Securities in the Private Debt Securities Department from 1999 to 2005. Prior to that, she was a fixed income portfolio manager in the Insurance Asset Management Group at Alliance Capital. Ms. Cuervo received her Bachelor of Science in Systems Analysis in 1982 from the University of Miami, Coral Gables, Florida, and her Master of Business Administration in 1986 from Columbia University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 33.43 | 6.77 | 1.16 |