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Trending ETFs

Name

As of 11/22/2024

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

$10.08

$1.44 B

4.05%

$0.41

0.69%

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

$10.1
N/A
N/A

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 11/22/2024

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

$10.08

$1.44 B

4.05%

$0.41

0.69%

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%
DIVIDENDS
  • Dividend Yield 4.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Old Westbury Fixed Income Fund
  • Fund Family Name
    Old Westbury
  • Inception Date
    Nov 13, 2000
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David 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.

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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

  1. United States Treasury Note/Bond 9.27%
  2. United States Treasury Note/Bond 7.53%
  3. United States Treasury Note/Bond 7.31%
  4. United States Treasury Note/Bond 7.14%
  5. United States Treasury Note/Bond 5.97%
  6. United States Treasury Note/Bond 5.77%
  7. United States Treasury Note/Bond 3.81%
  8. Federated Hermes US Treasury Cash Reserves 3.24%
  9. United States Treasury Note/Bond 2.65%
  10. 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

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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