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Name

As of 12/18/2024

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

Short Duration Income Fund

WEFIX | Fund

$11.96

$1.01 B

4.63%

$0.55

0.53%

Vitals

YTD Return

5.6%

1 yr return

5.9%

3 Yr Avg Return

2.8%

5 Yr Avg Return

2.6%

Net Assets

$1.01 B

Holdings in Top 10

20.3%

52 WEEK LOW AND HIGH

$12.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.53%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/18/2024

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

Short Duration Income Fund

WEFIX | Fund

$11.96

$1.01 B

4.63%

$0.55

0.53%

WEFIX - Profile

Distributions

  • YTD Total Return 5.6%
  • 3 Yr Annualized Total Return 2.8%
  • 5 Yr Annualized Total Return 2.6%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.65%
DIVIDENDS
  • Dividend Yield 4.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Short Duration Income Fund
  • Fund Family Name
    Weitz
  • Inception Date
    Feb 20, 1997
  • Shares Outstanding
    60615027
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Thomas Carney

WEFIX - Performance

Return Ranking - Trailing

Period WEFIX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.6% -0.8% 18.1% 15.93%
1 Yr 5.9% -0.5% 19.0% 16.51%
3 Yr 2.8%* -5.5% 5.5% 7.44%
5 Yr 2.6%* -4.1% 5.0% 11.32%
10 Yr 2.3%* -18.6% 170.5% 16.05%

* Annualized

Return Ranking - Calendar

Period WEFIX Return Category Return Low Category Return High Rank in Category (%)
2023 2.0% -1.6% 7.6% 48.46%
2022 -5.1% -17.7% -2.6% 12.13%
2021 -0.8% -4.0% 4.4% 12.47%
2020 0.7% -7.1% 7.6% 85.39%
2019 1.7% -2.3% 9.3% 70.00%

Total Return Ranking - Trailing

Period WEFIX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.6% -0.8% 18.1% 15.93%
1 Yr 5.9% -0.5% 19.0% 16.51%
3 Yr 2.8%* -5.5% 5.5% 7.44%
5 Yr 2.6%* -4.1% 5.0% 11.32%
10 Yr 2.3%* -18.6% 170.5% 16.05%

* Annualized

Total Return Ranking - Calendar

Period WEFIX Return Category Return Low Category Return High Rank in Category (%)
2023 5.9% 1.8% 15.2% 39.42%
2022 -2.7% -17.3% -1.3% 3.72%
2021 1.0% -2.7% 7.7% 19.72%
2020 3.3% -2.4% 14.5% 79.84%
2019 4.2% 0.6% 12.6% 67.66%

NAV & Total Return History

WEFIX - Holdings

Concentration Analysis

WEFIX Category Low Category High WEFIX % Rank
Net Assets 1.01 B 14.5 K 58.2 B 56.13%
Number of Holdings 333 2 8314 63.60%
Net Assets in Top 10 186 M 1.05 M 6.81 B 56.70%
Weighting of Top 10 20.26% 2.0% 108.1% 64.94%

Top 10 Holdings

  1. JPMORGAN US GOVT MMKT L 4.15%
  2. U S TREASURY NOTE 2.44%
  3. U S TREASURY NOTE 2.22%
  4. U S TREASURY NOTE 2.11%
  5. U S TREASURY NOTE 1.78%
  6. U S TREASURY NOTE 1.72%
  7. U S TREASURY NOTE 1.61%
  8. U S TREASURY NOTE 1.59%
  9. U S TREASURY NOTE 1.33%
  10. U S TREASURY NOTE 1.31%

Asset Allocation

Weighting Return Low Return High WEFIX % Rank
Bonds 		95.92% 0.00% 131.65% 22.03%
Cash 		4.15% -20.59% 68.64% 33.72%
Convertible Bonds 		2.47% 0.00% 27.71% 49.33%
Stocks 		0.00% 0.00% 99.96% 92.34%
Preferred Stocks 		0.00% 0.00% 24.12% 92.91%
Other 		0.00% -0.97% 73.75% 92.53%

Bond Sector Breakdown

Weighting Return Low Return High WEFIX % Rank
Securitized 		57.81% 0.00% 97.27% 5.18%
Government 		23.35% 0.00% 73.63% 39.92%
Corporate 		14.28% 0.00% 99.82% 88.48%
Cash & Equivalents 		4.15% 0.00% 68.64% 31.42%
Derivative 		0.00% -0.72% 25.70% 79.50%
Municipal 		0.00% 0.00% 14.41% 95.39%

Bond Geographic Breakdown

Weighting Return Low Return High WEFIX % Rank
US 		95.92% 0.00% 126.86% 18.58%
Non US 		0.00% 0.00% 87.70% 93.30%

WEFIX - Expenses

Operational Fees

WEFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.53% 0.01% 3.29% 65.19%
Management Fee 0.40% 0.00% 1.19% 77.78%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.03% 0.01% 0.41% 6.16%

Sales Fees

WEFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.50% 4.00% N/A

Trading Fees

WEFIX 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.

WEFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 2.00% 500.00% 25.64%

WEFIX - Distributions

Dividend Yield Analysis

WEFIX Category Low Category High WEFIX % Rank
Dividend Yield 4.63% 0.00% 11.11% 18.01%

Dividend Distribution Analysis

WEFIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

WEFIX Category Low Category High WEFIX % Rank
Net Income Ratio 1.65% -1.27% 4.98% 21.25%

Capital Gain Distribution Analysis

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

Distributions History

View More +

WEFIX - Fund Manager Analysis

Managers

Thomas Carney

Start Date

Tenure

Tenure Rank

Jan 31, 1996

26.35

26.4%

Director of Fixed Income Research Portfolio Manager Core Plus Income / Core Plus Income Fund (Since July 2014) Nebraska Tax-Free Income Fund (Since January 1996) Short Duration Income / Short Duration Income Fund (Since January 1996) Ultra Short Government Fund (Since January 1996) Investment industry experience since 1982 Tom Carney joined Weitz Investment Management in 1995 as a research analyst and equity trader. He was promoted to portfolio manager in 1996. Previously, Mr. Carney held several positions at Chiles, Heider & Co., Inc. Mr. Carney has a bachelor’s in finance from the University of Nebraska at Omaha.

Nolan Anderson

Start Date

Tenure

Tenure Rank

Jul 31, 2017

4.84

4.8%

Portfolio Manager Conservative Allocation / Balanced Fund (Since July 2021) Core Plus Income / Core Plus Income Fund (Since July 2014) Short Duration Income / Short Duration Income Fund (Since July 2017) Ultra Short Government Fund (Since December 2016) Investment industry experience since 2004 Nolan Anderson joined Weitz Investment Management in 2011 as a fixed income research analyst. In 2014, he was promoted to portfolio manager. Previously, Mr. Anderson performed financial modeling and due diligence on leveraged buyout transactions for Wells Fargo Bank. Mr. Anderson has a bachelor’s in real estate and land use economics and an MBA from the University of Nebraska Omaha.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.16 2.41

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