WAMBX: WSTCM Credit Select Risk - Managed Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$11.02

-

2.10%

$0.23

1.85%

Vitals

YTD Return

2.5%

1 yr return

6.0%

3 Yr Avg Return

5.7%

5 Yr Avg Return

4.4%

Net Assets

$77.2 M

Holdings in Top 10

76.6%

52 WEEK LOW AND HIGH

$11.03
$10.43
$11.03

Expenses

OPERATING FEES

Expense Ratio 1.85%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Nontraditional Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$11.02

-

2.10%

$0.23

1.85%

WAMBX - Profile

Distributions

  • YTD Total Return 2.5%
  • 3 Yr Annualized Total Return 5.7%
  • 5 Yr Annualized Total Return 4.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.91%
DIVIDENDS
  • Dividend Yield 2.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    WSTCM Credit Select Risk - Managed Fund
  • Fund Family Name
    Wilbanks Smith & Thomas
  • Inception Date
    Sep 30, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Thomas McNally

Fund Description

The fund is a "fund of funds." The term "fund of funds" is typically used to describe mutual funds, such as the Credit Select RM Fund, whose primary investment strategy involves investing in other investment companies, such as ETFs and other mutual funds. The fund will generally invest in a combination of (i) U.S. high-yield debt securities (commonly known as "junk" bonds, and referred to herein as "High-Yield Securities") and (ii) U.S. investment grade debt securities and U.S. Treasury debt obligations.


WAMBX - Performance

Return Ranking - Trailing

Period WAMBX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -25.0% 21.8% 15.32%
1 Yr 6.0% -30.0% 49.9% 50.53%
3 Yr 5.7%* -10.6% 11.7% 35.49%
5 Yr 4.4%* -14.4% 13.9% 40.03%
10 Yr N/A* -1.4% 14.0% N/A

* Annualized

Return Ranking - Calendar

Period WAMBX Return Category Return Low Category Return High Rank in Category (%)
2020 8.3% -49.2% 314.3% 3.30%
2019 1.7% -35.1% 16.7% 82.30%
2018 -4.1% -48.0% 3.4% 33.28%
2017 -2.7% -14.8% 11.2% 97.22%
2016 8.4% -11.2% 12.8% 3.31%

Total Return Ranking - Trailing

Period WAMBX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -25.0% 25.3% 15.45%
1 Yr 6.0% -34.1% 49.9% 43.11%
3 Yr 5.7%* -12.3% 13.0% 30.38%
5 Yr 4.4%* -15.4% 13.9% 35.21%
10 Yr N/A* -1.4% 14.0% N/A

* Annualized

Total Return Ranking - Calendar

Period WAMBX Return Category Return Low Category Return High Rank in Category (%)
2020 8.3% -49.2% 314.3% 3.30%
2019 1.7% -35.1% 16.7% 82.45%
2018 -4.1% -48.0% 8.0% 55.92%
2017 -2.7% -14.8% 15.2% 97.96%
2016 8.4% -11.2% 17.7% 10.33%

NAV & Total Return History


WAMBX - Holdings

Concentration Analysis

WAMBX Category Low Category High WAMBX % Rank
Net Assets 77.2 M 10 143 B 82.38%
Number of Holdings 18 3 7887 90.46%
Net Assets in Top 10 62.9 M -8.09 B 6.07 B 51.57%
Weighting of Top 10 76.61% 4.1% 100.0% 12.05%

Top 10 Holdings

  1. SPDR® Blmbg Barclays High Yield Bd ETF 13.88%
  2. VanEck Vectors Fallen Angel HiYld Bd ETF 12.18%
  3. SPDR® Blmbg BarclaysST HY Bd ETF 6.96%
  4. iShares 0-5 Year High Yield Corp Bd ETF 6.95%
  5. American Funds American High-Inc F2 6.20%
  6. MainStay MacKay Short Dur Hi Yld I 6.13%
  7. BlackRock High Yield Bond Instl 6.11%
  8. MainStay MacKay High Yield Corp Bd I 6.10%
  9. Columbia High Yield Bond Inst2 6.06%
  10. Franklin High Income Adv 6.03%

Asset Allocation

Weighting Return Low Return High WAMBX % Rank
Bonds
79.55% -169.75% 217.61% 70.89%
Cash
17.74% -152.64% 281.06% 20.20%
Convertible Bonds
1.44% 0.00% 129.09% 50.19%
Stocks
0.98% -54.77% 182.84% 31.49%
Other
0.15% -39.52% 104.83% 25.09%
Preferred Stocks
0.14% 0.00% 32.58% 42.79%

Stock Sector Breakdown

Weighting Return Low Return High WAMBX % Rank
Energy
51.86% 0.00% 100.00% 26.06%
Financial Services
17.78% 0.00% 100.00% 26.42%
Basic Materials
9.97% 0.00% 47.08% 8.44%
Industrials
4.37% 0.00% 100.00% 33.76%
Healthcare
4.10% 0.00% 100.00% 24.95%
Real Estate
4.05% 0.00% 100.00% 27.71%
Technology
3.02% 0.00% 100.00% 26.61%
Communication Services
2.54% 0.00% 100.00% 46.24%
Consumer Cyclical
1.42% 0.00% 100.00% 47.16%
Utilities
0.89% 0.00% 100.00% 37.25%
Consumer Defense
0.00% 0.00% 100.00% 57.98%

Stock Geographic Breakdown

Weighting Return Low Return High WAMBX % Rank
US
0.80% -50.06% 182.84% 29.23%
Non US
0.18% -4.71% 10.02% 23.96%

Bond Sector Breakdown

Weighting Return Low Return High WAMBX % Rank
Corporate
80.72% 0.00% 100.00% 8.41%
Cash & Equivalents
18.27% 0.00% 100.00% 19.20%
Derivative
0.90% 0.00% 58.05% 40.53%
Government
0.07% 0.00% 99.48% 85.82%
Securitized
0.04% 0.00% 99.25% 89.46%
Municipal
0.00% 0.00% 54.18% 57.97%

Bond Geographic Breakdown

Weighting Return Low Return High WAMBX % Rank
US
69.66% -170.06% 209.58% 34.13%
Non US
9.89% 0.00% 126.35% 81.93%

WAMBX - Expenses

Operational Fees

WAMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.85% 0.02% 5.53% 18.35%
Management Fee 0.60% 0.00% 2.25% 47.58%
12b-1 Fee 0.25% 0.00% 1.00% 32.72%
Administrative Fee N/A 0.01% 0.85% N/A

Sales Fees

WAMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

WAMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 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.

WAMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 498.00% 89.07%

WAMBX - Distributions

Dividend Yield Analysis

WAMBX Category Low Category High WAMBX % Rank
Dividend Yield 2.10% 0.00% 3.36% 41.81%

Dividend Distribution Analysis

WAMBX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Quarterly Monthly Monthly

Net Income Ratio Analysis

WAMBX Category Low Category High WAMBX % Rank
Net Income Ratio 2.91% -1.31% 11.44% 59.05%

Capital Gain Distribution Analysis

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

Dividend Payout History

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WAMBX - Fund Manager Analysis

Managers

Thomas McNally


Start Date

Tenure

Tenure Rank

Sep 30, 2014

6.92

6.9%

Tom McNally, CMT, CFA has served as a Senior Trader of the Wilbanks, Smith & Thomas Asset Management, LLC since 2006. Since 2009, Mr. McNally has also served as the co-portfolio manager for the Wilbanks, Smith & Thomas Asset Management, LLC's WST Asset Manager Strategies. Mr. McNally is a member of the Wilbanks, Smith & Thomas Asset Management, LLC's Investment Committee and oversees trading operations. Previously, Mr. McNally was a Portfolio Manager and Senior Analyst at a regional investment advisory firm.

Wayne Wilbanks


Start Date

Tenure

Tenure Rank

Sep 30, 2014

6.92

6.9%

Wayne Wilbanks, a co-founder of WST, serves as the firm’s Managing Principal and Chief Investment Officer and chairs the firm’s Investment Committee. Prior to the establishment of WST in 1990, Wayne co-founded a regional investment advisory firm where he served as Senior Portfolio Manager and Director of Research. Wayne brings to bear over 35 years of investment experience and extensive training across asset classes and investment styles. He is a regular guest on CNBC, Bloomberg Financial News, and Bloomberg Radio, and is quoted often in publications including Bloomberg News, The Wall Street Journal, and The Virginian Pilot. Wayne, a North Carolina native, graduated from Duke University with a degree in Economics, and he subsequently undertook study through Georgetown University’s Program of Comparative Business at Oxford University in England. He holds the Chartered Financial Analyst designation and is a member of CFA Society Virginia.

Roger Scheffel


Start Date

Tenure

Tenure Rank

Sep 30, 2014

6.92

6.9%

Roger Scheffel is a Principal, Portfolio Manager and member of the firm’s Investment Committee. He also serves as Chief Investment Officer for WST Capital Management, the firm’s in-house ETF strategist. Before joining WST in 2009, Roger held relationship and portfolio management responsibilities at a global wealth management and investment banking firm. Prior to entering the financial services industry, he was a Senior Manager in Ernst & Young’s Private Client Services division. A native of Texas, Roger graduated from St. Mary’s University with a Bachelor of Business Administration in Accounting. He is a member of the American Institute of CPA’s and the Personal Financial Planning Section and holds the Personal Financial Specialist credential. Roger has taught Portfolio Management to MBA candidates as an adjunct professor at a local university

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 27.68 5.4 2.45